Recession-Proof Your Business

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    Recession-Proof Your Business - Presentation Transcript

    1. Recession-Proof Your Business An Agent’s Guide to Marketing During the Downturn Exclusively from Senior Market Sales, Inc. and www.SeniorMarketSales.com Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    2. Recession-Proof Your Business What is the most challenging aspect of selling insurance? According to the overwhelming majority of insurance agents we speak to, it’s prospecting for new business. No doubt many agents are approaching new client acquisition with increased urgency during the recession. Sales are down for many products and competition is fierce, which leaves little room for error when prospecting for new clients. In the following chapters, we’ll show you how to think like a marketer and develop strategies and systems to make your marketing efforts more consistent, more efficient and more effective. You’ll emerge with a new focus to your prospecting efforts, a clearer conception of who your ideal clients are and what you can offer them. Let’s get started. Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    3. Part 1: Get A Marketing Plan Many advisors fail to think strategically about how they want to market their services. The reason for this is simple. It’s easier to jump from tactic to tactic—send a sales letter, run an ad, do a seminar—than it is to develop a plan for what you want to accomplish with your efforts. But a recession is no time for wandering off on tangents with your marketing. In this economy— whether you’re an independent insurance agent or a billion dollar corporation—businesses need to be focused, effective and efficient in everything they do—especially recruiting new customers. Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    4. Part 1: Get A Marketing Plan Developing a marketing plan will help you establish exactly who you are, who you are you trying to reach and what you are trying to accomplish. Because you need to know where you are going before you can decide how to get there. Writing your Marketing Plan doesn’t have to be as daunting as it sounds. It doesn’t need to follow any formal style—a simple outline will suffice. But it is important to get it on paper because the whole point is to create a roadmap for your marketing and prospecting efforts that you can continuously refer back to. Even if you already have a plan in place, now is a good time to revisit it as your business objectives may have changed with the recent economic conditions. Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    5. Writing Your Plan •Define your short- and long-term business objectives using the SMART method (make your goals Specific, Measurable, Attainable, Relevant, Timely) •Define your ideal client in terms of demographics like age, income, marital status, profession, etc. •List additional target markets •Determine your brand positioning, i.e. what differentiates you from your competition in your ability to meet the needs of a particular demographic Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    6. Writing Your Plan Cont. •Taking into account your objectives, target market and position within that market, you can now decide how you want to market yourself and develop strategies accordingly •Choose the marketing tactics that best fit you objectives, audience and budget, e.g. fliers, postcards, email marketing, newsletters, Web site and more. Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    7. Your Marketing Plan should yield answers to the following questions: •What are your short-term and long-term business objectives? •Who is your ideal client? •What do those customers typically need? •What differentiates you from your competition in meeting the needs of that demographic? •What marketing techniques are best suited to your chosen market, product offering and your practice? Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    8. A Step Further So you start your marketing plan with a high-level overview of your business and the market and by the end you’ve begun to zero in with laser-like focus on the most cost-effective techniques to get in front of new prospects. Here are a few common marketing tactics, which we will cover in more depth in the next chapter. Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    9. Choose the tactics that best match your business, your skills and the target market you are trying to reach. And remember, the key to thriving in a poor economy isn’t all strategies and tactics. You also have to be creative, proactive and optimistic. It also doesn’t hurt to have strong partner like Senior Markets Sales to help you grow and develop your business. Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
    10. Please Download the full-version for this whitepaper for FREE! Thanks for your interest in Senior Market Sales, Inc. and our white paper. You may download the full-version of this whitepaper at no cost, directly from our website at: http://www.SeniorMarketSales.com/PR03 Please Download the PDF Full-Version for FREE! http://www.SeniorMarketSales.com/PR03
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