SlideShare a Scribd company logo
How New York Life is Driving Interaction, Engagement, and
             Relevance Via Social Media


                   Gregg Weiss, AVP Social Media
             @greggweiss | gregory.weiss@newyorklife.com
Stuff you know already…
Social Media has been around for a while.
What’s changed is the medium…
…and the expanded connections this new medium
                   enables.
Anyone has the power to share an opinion.
Anyone has the power to Everyone is sharing opinions.
Good luck, consumer.


   Pre-Social:
     1 to 1
Good luck, company.




The Age of Social: 1 to many
Power To The People




 Then: 1 to 1
      vs
Now: 1 to many
What does this mean for organizations
           such as yours?
An interesting question….




Social Media                         Life Insurance
Social Media @ NYL: Running it like a business
   Our focus to-date has been to grow our social media footprint and drive interaction with the brand to
                      best-position the “channel” as an integral part of the business.

  Strategic
  Programs
                  1) Corporate                           2) Agent                               3) Employee

   Key
 Audiences
                                   Customers, Prospects, Employees, Agents, Regulators, Media

                 Strategy & Campaigns: Unique programs to           Operations: Day-to-day management of social
                 support key timely company initiatives and             media properties, including content
   Broad Areas
     of Focus




                       objectives, including custom tab                         generation, posting,
                 development, advertising campaigns, cross-                monitoring/listening/research,
                     platform integration, organizational              engagement/servicing, and reporting
                                  evangelism

Key Internal                                         Corporate Internet
Partnerships             Agency, Corporate Communications, Compliance, Legal, Servicing, HR, Technology


                 Integrated programs that influence and drive key business priorities, including improved
  Desired
 Outcomes         brand perception/relevancy, improved customer service, incremental consumer insights,
                         incremental sales lead generation, incremental recruiting lead generation
Fan/Follower Growth
                                      Facebook Fans                                                                                                                                                                  Twitter Followers
18,000                                                                                                                                                             1,800
16,000                                                                                                                                                             1,600
14,000                                                                                                                                                             1,400
12,000                                       1,843%                                                                                                                1,200
10,000                                         YoY                                                                                                                 1,000
                                             growth                                                                                                                 800                                                                                4,752%
 8,000
                                                                                                                                                                    600
                                                                                                                                                                                                                                                         YoY
 6,000
                                                                                                                                                                                                                                                       growth
 4,000                                                                                                                                                              400
 2,000                                                                                                                                                              200
    0                                                                                                                                                                       0
                  25-Mar




                                                                                                                              25-Mar
                                                                                 25-Oct
                                             25-Jun




                                                                                          25-Nov


                                                                                                            25-Jan
                                                               25-Aug




                                                                                                   25-Dec
                           25-Apr




                                                      25-Jul




                                                                                                                                       25-Apr
         25-Feb




                                    25-May




                                                                        25-Sep




                                                                                                                     25-Feb




                                                                                  12,000
                                                                                                                                LinkedIn Followers
                                                                                  11,500
                                                                                  11,000
                                                                                  10,500                                                                                                                   19.7%
                                                                                  10,000                                                                                                                     YTD
                                                                                     9,500                                                                                                                 growth
                                                                                     9,000
                                                                                     8,500
                                                                                                                                                                                                            1-Apr
                                                                                                                                                                                                                    8-Apr
                                                                                                                                                                                                                            15-Apr
                                                                                                                                                                                                                                     22-Apr
                                                                                                                                                                                                                                              29-Apr
                                                                                                                                                                    4-Mar
                                                                                                                                                                                11-Mar
                                                                                                                                                                                         18-Mar
                                                                                                                                                                                                  25-Mar
                                                                                                   14-Jan
                                                                                                            21-Jan
                                                                                                                     28-Jan
                                                                                                                               4-Feb
                                                                                                                                        11-Feb
                                                                                                                                                 18-Feb
                                                                                                                                                          25-Feb




                                                                                                                                                                                                                                                                14
Some of our recent campaigns…
Big East Live Tweeting (3/10)




                                17
Halloween Safety Tips (10/10)
Thanksgiving Food-Off (11/10)
New York Life Protection Index (12/10-1/11)
Romance-O-Meter (2/11)
Retirement Planning Q&A (2/11)
Planning Tools (3/11)
Game of Life Sweepstakes (4/11)




                                  24
Foundational Elements of our Program
Agent Pilot




•Insurance Agents & Field Recruiters are networkers by trade.
•Our Agent Pilot aims to empower our Agents & Field
Recruiters to use social media for business purposes, in a
compliant way.
We are learning as we go and enhancing the program, but
already are hearing success stories!
Social Media Listening




                         27
Remember: Social Media is not a corporate megaphone.




  “Listening and responding are highly under-utilized marketing strategies.”
                       -American Strategic Management Institute
Content, Content, Content

Sample Good Status Update:




                                             XYZ Insurance Company Do you need insurance? Buy it
Sample Bad Status Update:              XYZ
                                             now. Just do it. Go to xyzinc.com now. We’re the best.
                                       INC   Please tell all your friends how great we are.




  Facebook success relies HEAVILY on optimizing content that appears in the feed
             A few “tricks” to help drive interaction with your posts:
           Quotes , Agree or Disagree, This vs. That,
               Fill In The Blank, True or False
                                                                                                      29
Questions?




             30

More Related Content

What's hot

09 12 08 Web 2.0 Weekly
09 12 08 Web 2.0 Weekly09 12 08 Web 2.0 Weekly
09 12 08 Web 2.0 Weekly
David Shore
 
09-04-28 Web 2.0 Weekly
09-04-28 Web 2.0 Weekly09-04-28 Web 2.0 Weekly
09-04-28 Web 2.0 Weekly
David Shore
 
09 08 11 Web 2.0 Weekly
09 08 11 Web 2.0 Weekly09 08 11 Web 2.0 Weekly
09 08 11 Web 2.0 WeeklyDavid Shore
 
12.02.07 Retail Overview Turkey E&Y Presentation
12.02.07 Retail Overview Turkey E&Y Presentation12.02.07 Retail Overview Turkey E&Y Presentation
12.02.07 Retail Overview Turkey E&Y Presentationm_gill
 
09 08 18 Web 2.0 Weekly
09 08 18 Web 2.0 Weekly09 08 18 Web 2.0 Weekly
09 08 18 Web 2.0 WeeklyDavid Shore
 
Web 2.0 Weekly - 09-05-26
Web 2.0 Weekly - 09-05-26Web 2.0 Weekly - 09-05-26
Web 2.0 Weekly - 09-05-26
David Shore
 
09 03 10 Web 2.0 Weekly
09 03 10 Web 2.0 Weekly09 03 10 Web 2.0 Weekly
09 03 10 Web 2.0 Weekly
David Shore
 
Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...
Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...
Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...
Marc Krebs
 
World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...
World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...
World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...WAN-IFRA
 
Myspace pitch deck
Myspace pitch deckMyspace pitch deck
Myspace pitch deckLiz Gannes
 
Situs - O\'Connor Land Forecast (Oct 2008)
Situs - O\'Connor Land Forecast (Oct 2008)Situs - O\'Connor Land Forecast (Oct 2008)
Situs - O\'Connor Land Forecast (Oct 2008)
Maury Bronstein
 
Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko
Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko
Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko
Social Media Rockstar
 
Southwest Airlines –Nuts about Online Communication
Southwest Airlines –Nuts about Online CommunicationSouthwest Airlines –Nuts about Online Communication
Southwest Airlines –Nuts about Online CommunicationBSI
 
2012-04-12 BnF International newspapers conference
2012-04-12 BnF International newspapers conference2012-04-12 BnF International newspapers conference
2012-04-12 BnF International newspapers conference
Frederick Zarndt
 
Kevin Ms Web Platform
Kevin Ms Web PlatformKevin Ms Web Platform
Kevin Ms Web Platformrsnarayanan
 
The New Service Economy: Innovation in Services
The New Service Economy: Innovation in ServicesThe New Service Economy: Innovation in Services
The New Service Economy: Innovation in Services
Ian Miles
 
Characteristics of social media and Facebook usage of Hungarian popular music...
Characteristics of social media and Facebook usage of Hungarian popular music...Characteristics of social media and Facebook usage of Hungarian popular music...
Characteristics of social media and Facebook usage of Hungarian popular music...
Klausz Melinda
 
09 11 17 Web 2.0 Weekly
09 11 17 Web 2.0 Weekly09 11 17 Web 2.0 Weekly
09 11 17 Web 2.0 WeeklyDavid Shore
 
The Green Delusion
The Green DelusionThe Green Delusion
The Green Delusion
Green Initiatives 绿色倡议
 

What's hot (20)

09 12 08 Web 2.0 Weekly
09 12 08 Web 2.0 Weekly09 12 08 Web 2.0 Weekly
09 12 08 Web 2.0 Weekly
 
09-04-28 Web 2.0 Weekly
09-04-28 Web 2.0 Weekly09-04-28 Web 2.0 Weekly
09-04-28 Web 2.0 Weekly
 
09 08 11 Web 2.0 Weekly
09 08 11 Web 2.0 Weekly09 08 11 Web 2.0 Weekly
09 08 11 Web 2.0 Weekly
 
12.02.07 Retail Overview Turkey E&Y Presentation
12.02.07 Retail Overview Turkey E&Y Presentation12.02.07 Retail Overview Turkey E&Y Presentation
12.02.07 Retail Overview Turkey E&Y Presentation
 
09 08 18 Web 2.0 Weekly
09 08 18 Web 2.0 Weekly09 08 18 Web 2.0 Weekly
09 08 18 Web 2.0 Weekly
 
Web 2.0 Weekly - 09-05-26
Web 2.0 Weekly - 09-05-26Web 2.0 Weekly - 09-05-26
Web 2.0 Weekly - 09-05-26
 
09 03 10 Web 2.0 Weekly
09 03 10 Web 2.0 Weekly09 03 10 Web 2.0 Weekly
09 03 10 Web 2.0 Weekly
 
Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...
Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...
Phoenix, AZ – Real Estate Market Data – February 2013 - Coldwell Banker Resid...
 
World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...
World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...
World Newspaper Congress 11, World Editors Forum 11, World Press Trends 2011,...
 
Myspace pitch deck
Myspace pitch deckMyspace pitch deck
Myspace pitch deck
 
Situs - O\'Connor Land Forecast (Oct 2008)
Situs - O\'Connor Land Forecast (Oct 2008)Situs - O\'Connor Land Forecast (Oct 2008)
Situs - O\'Connor Land Forecast (Oct 2008)
 
Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko
Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko
Building Your Base: Facebook Fan Engagement with Elliot Christenson, Shopko
 
Southwest Airlines –Nuts about Online Communication
Southwest Airlines –Nuts about Online CommunicationSouthwest Airlines –Nuts about Online Communication
Southwest Airlines –Nuts about Online Communication
 
2012-04-12 BnF International newspapers conference
2012-04-12 BnF International newspapers conference2012-04-12 BnF International newspapers conference
2012-04-12 BnF International newspapers conference
 
Kevin Ms Web Platform
Kevin Ms Web PlatformKevin Ms Web Platform
Kevin Ms Web Platform
 
The New Service Economy: Innovation in Services
The New Service Economy: Innovation in ServicesThe New Service Economy: Innovation in Services
The New Service Economy: Innovation in Services
 
Characteristics of social media and Facebook usage of Hungarian popular music...
Characteristics of social media and Facebook usage of Hungarian popular music...Characteristics of social media and Facebook usage of Hungarian popular music...
Characteristics of social media and Facebook usage of Hungarian popular music...
 
Dina Bartels Final Web
Dina Bartels Final WebDina Bartels Final Web
Dina Bartels Final Web
 
09 11 17 Web 2.0 Weekly
09 11 17 Web 2.0 Weekly09 11 17 Web 2.0 Weekly
09 11 17 Web 2.0 Weekly
 
The Green Delusion
The Green DelusionThe Green Delusion
The Green Delusion
 

Similar to Gregg Weiss, New York Life Presentation - BDI 4/14/11 Financial Services Social Communications Leadership Forum

Leon Zemel: Achieving Big Marketing Goals Through Big Data
Leon Zemel: Achieving Big Marketing Goals Through Big DataLeon Zemel: Achieving Big Marketing Goals Through Big Data
Leon Zemel: Achieving Big Marketing Goals Through Big Data
[x+1]
 
L&t%20 investor%20presentation%20 %20feb%202013
L&t%20 investor%20presentation%20 %20feb%202013L&t%20 investor%20presentation%20 %20feb%202013
L&t%20 investor%20presentation%20 %20feb%202013Vikram Pushparaj
 
Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012
Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012
Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012
thepulsenetwork
 
Social Media Metrics Dashboard
Social Media Metrics DashboardSocial Media Metrics Dashboard
Social Media Metrics Dashboard
Demand Metric
 
lowe's Annual Report2002
lowe's Annual Report2002lowe's Annual Report2002
lowe's Annual Report2002finance5
 
Wilson Euec 2010
Wilson Euec 2010Wilson Euec 2010
Wilson Euec 2010
boulderwolf_2000
 
Apstartup crowdfunding ver1
Apstartup crowdfunding ver1 Apstartup crowdfunding ver1
Apstartup crowdfunding ver1 AP DealFlow
 
parker hannifin 2008 Annual
parker hannifin 2008 Annualparker hannifin 2008 Annual
parker hannifin 2008 Annualfinance25
 
Business value of social media
Business value of social mediaBusiness value of social media
Business value of social media
Tim McLoughlin
 
Kiera Stein - Tracking Your Social Media Impact & ROI
Kiera Stein - Tracking Your Social Media Impact & ROIKiera Stein - Tracking Your Social Media Impact & ROI
Kiera Stein - Tracking Your Social Media Impact & ROISocial Media for Nonprofits
 
Northern Virginia Fairfax County Housing Market
Northern Virginia Fairfax County Housing MarketNorthern Virginia Fairfax County Housing Market
Northern Virginia Fairfax County Housing MarketBetty Plashal
 
Townhallaugust2012
Townhallaugust2012Townhallaugust2012
Townhallaugust2012RashanV
 
Media landscape updater
Media landscape updaterMedia landscape updater
Media landscape updater
MediaDirectionOMD
 
Auto trader consumer survey report 2010
Auto trader consumer survey report 2010Auto trader consumer survey report 2010
Auto trader consumer survey report 2010Debroy Barrett
 
Daily Mail & Mail Online Birds Eye Case Study
Daily Mail & Mail Online Birds Eye Case StudyDaily Mail & Mail Online Birds Eye Case Study
Daily Mail & Mail Online Birds Eye Case StudyNewsworks
 
Seminar Saham
Seminar SahamSeminar Saham
Seminar Saham
Bilawal Alhariri Anwar
 
SXSW PanelPicker Panel Presentation - 3.15.11
SXSW PanelPicker Panel Presentation - 3.15.11SXSW PanelPicker Panel Presentation - 3.15.11
SXSW PanelPicker Panel Presentation - 3.15.11
Jonathan Spillman
 
Managing Variable Annuity GMxB Guarantees
Managing Variable Annuity GMxB GuaranteesManaging Variable Annuity GMxB Guarantees
Managing Variable Annuity GMxB Guarantees
Frank Zhang
 

Similar to Gregg Weiss, New York Life Presentation - BDI 4/14/11 Financial Services Social Communications Leadership Forum (20)

Leon Zemel: Achieving Big Marketing Goals Through Big Data
Leon Zemel: Achieving Big Marketing Goals Through Big DataLeon Zemel: Achieving Big Marketing Goals Through Big Data
Leon Zemel: Achieving Big Marketing Goals Through Big Data
 
L&t%20 investor%20presentation%20 %20feb%202013
L&t%20 investor%20presentation%20 %20feb%202013L&t%20 investor%20presentation%20 %20feb%202013
L&t%20 investor%20presentation%20 %20feb%202013
 
Mba applications report
Mba applications reportMba applications report
Mba applications report
 
Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012
Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012
Dharmesh Shah - Insider tips on inbound marketing - IMS Boston 2012
 
Social Media Metrics Dashboard
Social Media Metrics DashboardSocial Media Metrics Dashboard
Social Media Metrics Dashboard
 
lowe's Annual Report2002
lowe's Annual Report2002lowe's Annual Report2002
lowe's Annual Report2002
 
Wilson Euec 2010
Wilson Euec 2010Wilson Euec 2010
Wilson Euec 2010
 
Apstartup crowdfunding ver1
Apstartup crowdfunding ver1 Apstartup crowdfunding ver1
Apstartup crowdfunding ver1
 
parker hannifin 2008 Annual
parker hannifin 2008 Annualparker hannifin 2008 Annual
parker hannifin 2008 Annual
 
Business value of social media
Business value of social mediaBusiness value of social media
Business value of social media
 
Kiera Stein - Tracking Your Social Media Impact & ROI
Kiera Stein - Tracking Your Social Media Impact & ROIKiera Stein - Tracking Your Social Media Impact & ROI
Kiera Stein - Tracking Your Social Media Impact & ROI
 
Northern Virginia Fairfax County Housing Market
Northern Virginia Fairfax County Housing MarketNorthern Virginia Fairfax County Housing Market
Northern Virginia Fairfax County Housing Market
 
Townhallaugust2012
Townhallaugust2012Townhallaugust2012
Townhallaugust2012
 
Media landscape updater
Media landscape updaterMedia landscape updater
Media landscape updater
 
Auto trader consumer survey report 2010
Auto trader consumer survey report 2010Auto trader consumer survey report 2010
Auto trader consumer survey report 2010
 
Daily Mail & Mail Online Birds Eye Case Study
Daily Mail & Mail Online Birds Eye Case StudyDaily Mail & Mail Online Birds Eye Case Study
Daily Mail & Mail Online Birds Eye Case Study
 
Seminar Saham
Seminar SahamSeminar Saham
Seminar Saham
 
SXSW PanelPicker Panel Presentation - 3.15.11
SXSW PanelPicker Panel Presentation - 3.15.11SXSW PanelPicker Panel Presentation - 3.15.11
SXSW PanelPicker Panel Presentation - 3.15.11
 
237 valeof tiersssp_june07dl
237 valeof tiersssp_june07dl237 valeof tiersssp_june07dl
237 valeof tiersssp_june07dl
 
Managing Variable Annuity GMxB Guarantees
Managing Variable Annuity GMxB GuaranteesManaging Variable Annuity GMxB Guarantees
Managing Variable Annuity GMxB Guarantees
 

More from Business Development Institute

The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
Business Development Institute
 
Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...
Business Development Institute
 
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Business Development Institute
 
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Business Development Institute
 
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Business Development Institute
 
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
Business Development Institute
 
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
Business Development Institute
 
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
Business Development Institute
 
Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...
Business Development Institute
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
Business Development Institute
 
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Business Development Institute
 
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Business Development Institute
 
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Business Development Institute
 
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Business Development Institute
 
Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...
Business Development Institute
 
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Business Development Institute
 
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Business Development Institute
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
Business Development Institute
 
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Business Development Institute
 
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
Business Development Institute
 

More from Business Development Institute (20)

The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
 
Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...
 
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
 
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
 
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
 
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
 
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
 
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
 
Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
 
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
 
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
 
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
 
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
 
Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...
 
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
 
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
 
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
 
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
 

Recently uploaded

VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
uae taxgpt
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Lital Barkan
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
zoyaansari11365
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Arihant Webtech Pvt. Ltd
 

Recently uploaded (20)

VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
 

Gregg Weiss, New York Life Presentation - BDI 4/14/11 Financial Services Social Communications Leadership Forum

  • 1. How New York Life is Driving Interaction, Engagement, and Relevance Via Social Media Gregg Weiss, AVP Social Media @greggweiss | gregory.weiss@newyorklife.com
  • 2. Stuff you know already…
  • 3. Social Media has been around for a while.
  • 4. What’s changed is the medium…
  • 5. …and the expanded connections this new medium enables.
  • 6. Anyone has the power to share an opinion.
  • 7. Anyone has the power to Everyone is sharing opinions.
  • 8. Good luck, consumer. Pre-Social: 1 to 1
  • 9. Good luck, company. The Age of Social: 1 to many
  • 10. Power To The People Then: 1 to 1 vs Now: 1 to many
  • 11. What does this mean for organizations such as yours?
  • 12. An interesting question…. Social Media Life Insurance
  • 13. Social Media @ NYL: Running it like a business Our focus to-date has been to grow our social media footprint and drive interaction with the brand to best-position the “channel” as an integral part of the business. Strategic Programs 1) Corporate 2) Agent 3) Employee Key Audiences Customers, Prospects, Employees, Agents, Regulators, Media Strategy & Campaigns: Unique programs to Operations: Day-to-day management of social support key timely company initiatives and media properties, including content Broad Areas of Focus objectives, including custom tab generation, posting, development, advertising campaigns, cross- monitoring/listening/research, platform integration, organizational engagement/servicing, and reporting evangelism Key Internal Corporate Internet Partnerships Agency, Corporate Communications, Compliance, Legal, Servicing, HR, Technology Integrated programs that influence and drive key business priorities, including improved Desired Outcomes brand perception/relevancy, improved customer service, incremental consumer insights, incremental sales lead generation, incremental recruiting lead generation
  • 14. Fan/Follower Growth Facebook Fans Twitter Followers 18,000 1,800 16,000 1,600 14,000 1,400 12,000 1,843% 1,200 10,000 YoY 1,000 growth 800 4,752% 8,000 600 YoY 6,000 growth 4,000 400 2,000 200 0 0 25-Mar 25-Mar 25-Oct 25-Jun 25-Nov 25-Jan 25-Aug 25-Dec 25-Apr 25-Jul 25-Apr 25-Feb 25-May 25-Sep 25-Feb 12,000 LinkedIn Followers 11,500 11,000 10,500 19.7% 10,000 YTD 9,500 growth 9,000 8,500 1-Apr 8-Apr 15-Apr 22-Apr 29-Apr 4-Mar 11-Mar 18-Mar 25-Mar 14-Jan 21-Jan 28-Jan 4-Feb 11-Feb 18-Feb 25-Feb 14
  • 15.
  • 16. Some of our recent campaigns…
  • 17. Big East Live Tweeting (3/10) 17
  • 20. New York Life Protection Index (12/10-1/11)
  • 24. Game of Life Sweepstakes (4/11) 24
  • 26. Agent Pilot •Insurance Agents & Field Recruiters are networkers by trade. •Our Agent Pilot aims to empower our Agents & Field Recruiters to use social media for business purposes, in a compliant way. We are learning as we go and enhancing the program, but already are hearing success stories!
  • 28. Remember: Social Media is not a corporate megaphone. “Listening and responding are highly under-utilized marketing strategies.” -American Strategic Management Institute
  • 29. Content, Content, Content Sample Good Status Update: XYZ Insurance Company Do you need insurance? Buy it Sample Bad Status Update: XYZ now. Just do it. Go to xyzinc.com now. We’re the best. INC Please tell all your friends how great we are. Facebook success relies HEAVILY on optimizing content that appears in the feed A few “tricks” to help drive interaction with your posts: Quotes , Agree or Disagree, This vs. That, Fill In The Blank, True or False 29