Article

Insurance Marketing: Are You Recession Proof?

Written by Cheryl A. Clausen

Topic: Marketing StrategyPublished November 19, 2007
No ratings yet766 viewsSign in to rate
There are three approaches you can take if the forecasted recession becomes a reality. You can watch it happen and allow it to determine your future, you can hunker down hoping to survive it, or you can develop a plan to grow because of the recession. The choice and the result is yours. n n It’s never a good idea to allow external circumstances to determine your future. Start identifying how you’ll be impacted by a recession if you do nothing to protect yourself. Think about how a recession will impact your customers and potential customers if they do nothing to protect themselves. nn Anytime you try to do nothing more than protect yourself you’re actually moving backward. Your fear prevents you from investing in the things you should be investing in so you can excel even when those around you are going out of business left and right. Your fear driven mind set prevents you from seeing the opportunities that are around you even though there may be a recession. nn The clear choice for anyone who not only wants to survive a recession, but thrive, is to develop a plan that enables them to do so. That plan begins with a clear understanding of your market. You need to predict the impact an impending recession will have on them before they do, so you can prepare a marketing message that reaches out and grabs their attention. nn Marketing is the answer to making yourself recession proof. If you don’t know how to market yourself well now so you can predictably and consistently generate appointments with qualified prospects you have to bite the bullet and learn. And don’t turn to traditional marketing sources and experts for help their so-called help.nnThe only one being helped by traditional marketing is the person selling it to you. You can’t afford to waste your time and dollars on marketing designed to get your name out there, create a brand, or to build your ego. You have to learn how to market yourself in a way that generates qualified leads that turn into clients, so it more than pays for itself.nnStop any marketing you’re doing where you can’t track and measure the return you’re getting from your investment. Effective marketing can be tracked, you can predict the response rate, and it costs you less than the value of the sale to implement. Effective marketing helps you to filter out your ideal prospects from the group at large receiving your message.nnQuite often effective marketing doesn’t look fancy or pretty. But, who cares? Marketing that gets you a specific number of leads to qualified prospects that turn into customers will look like the most beautiful marketing in the world to you because that marketing will make you excel whether a recession ever happens or not.n

Article author

About the Author

Ready to get unstuck? Take this quick and easy Sales Skills Quiz If you just had more time could you excel? Take the Time Management Skills Quiz and see where you can improve.

Further reading

Further Reading

3 total

Article

In recent years, the business landscape in Pakistan has undergone a significant transformation, driven largely by advancements in technology. One area where this impact is particularly evident is in lead generation services. Lead generation, the process of attracting and converting potential customers into individuals who have expressed interest in a product or service, has become more efficient, targeted, and data-driven, thanks to technological innovations. This article exp

January 31, 2025

Article

The solar industry is highly competitive, and securing new customers is a constant challenge. Traditionally, companies have relied on cold calling, door-to-door sales, and digital marketing campaigns to generate leads. However, these methods often require significant time, effort, and financial investment, with no guarantee of conversion. The introduction of pre-qualified solar appointments has revolutionized the process, making it more efficient and cost-effective. Tradition

January 29, 2025

Article

All a business does is reach the right audience with the right message at the right time. Seems simple enough. Unfortunately, traditional advertising methods frequently lack the precision and efficiency required. Consequently, they fail to engage target audiences in this fragmented, data-driven world. A robust solution is found in the form of programmatic advertising. It uses AI and ML to automate the trade of digital advertising space. This means marketers can reach their au

January 28, 2025