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Search Engine Marketing:   How Insurance Agents Can Take Advantage Megan L. Mahan James Omdahl Insure Me .com
About Your Presenters: Megan L. Mahan  ,[object Object],[object Object],[object Object],[object Object]
About Your Presenters: James Omdahl  ,[object Object],[object Object],[object Object],[object Object]
 
About InsureMe: Online lead generator Serving 5,000 agents nationwide 1,000,000 web site hits per day #2 best place to work in America Located in Denver, Colo.
 
TRY 5 FREE LEADS! PAY BY LEAD! CANCEL ANYTIME! PERSONAL ACCOUNT REP!
 
Part One:   Why you need to care about the  web
210,080,067  Americans are online Source: InternetWorldStats.com
Megan’s Grandpa: Online since  2000
 
 
 
 
 
 
Web + Consumer = Happy together
 
Overworked
Overwhelmed
Information hungry
Professional multitaskers
Addicted to leisure
Like it our way
Consumers spend  48%  of leisure time online Source:  Center for Media Research
15%  spent on personal productivity 12%  spent shopping 1 hour 40 minutes  of internet use per day
52%  surf the web while watching television* Source: Yahoo Global Marketing Study *This figure jumps to  60%  in the 18-34 demographic
72%  can’t remember URLs from TV ads
75%  of Yahoo survey respondents said they turned to the web because they couldn’t remember a URL from a TV ad
What’s it all mean?
 
Simple web search introduces  79%  of consumers to new auto insurance brands Source: Yahoo Search Marketing Research & Engagement Study
56%  of people looked at a site they didn’t intend to because it was one of the first few links in the search results
Quoteable:   “ Customers build an image of a brand as birds build nests: from the scraps and straws they chance upon . Jeremy Bullmore, JWT
Searchers are looking to be influenced
Web users are most open to discovery Source: Yahoo’s 2006 Long and Winding Road Summit
Web users consider more brands before buying
Average number of brands considered before purchase 2.50  (regular web user) 1.80  (casual web user) 1.50  (non-web user) Source: Long & Winding Road
Consumers expect you to be online and they expect to find what they want
72%  of auto insurance shoppers use the web to find a policy Source: Jupiter Research
31 million people  visited an auto insurance web site in Q4 2006 That’s double the  15 million  who visited the same sites in Q1 2004 Source: comScore; April 2007
29%  annual growth in first-time online visitors Source: comScore; April 2007
58%  annual growth in polices purchased online Source: comScore; April 2007
28 million  used the web to receive quotes in 2006 Source: comScore; April 2007
More than  70 million  people requested quotes via the web from 2004-2006 Source: comScore; April 2007
This web insurance shopping business brings up a big question:
Will online insurance shopping  have me riding the bench?
Good news!
Most people still prefer to buy their policy from a local agent Source: comScore; April 2007
Of those who bought from a local agent, half used the web to request preliminary quotes and research their purchase Source: comScore; April 2007
Of those who used the web to find auto insurance,  86%  used the web to find related information Source: Forrester Research, 2005
The rub:   “ For marketers who have ignored or underplayed cyberspace, it’s probably a good time to panic a little. Rob Norman, CEO Group M Interactive
Good news!
Web + Marketing = Happy together
2007 online ad spend:  $20 billion
Direct mail
… cold calling
… outdoor advertising
 
The web can help you build your brand and generate cheap sales leads
The web provides results you can measure
Permission Marketing: Marketing centered around obtaining consent from a sales prospect to market to them; building an in-depth relationship with each prospect.  Interruption Marketing:   Marketing activities that disrupt consumer activities (SPAM, pop-ups, telemarketing, etc.)
Quoteable:   “ Selling to people who actually want to hear from you is more effective than interrupting strangers who don't. Seth Godin, Marketer and Author
 
Search Engine Marketing Spread your message!

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