A newsletter is a cost-effective way to build relationships and stay in regular touch with customers and prospects. Here are three reasons why newsletters will work for you. They will also work for your competitors – so ignore this marketing channel at your peril.
1 Awareness
Don’t take it for granted that people know everything that you do – because they don’t. A newsletter will increase awareness and understanding of your products and services. Newsletter content builds an extensive picture. You can even interact further with competitions and ask customers to leave positive reviews and then share them here. Reviews are so important to the success of your business, because customers’ comments are far more credible than claims published in adverts.. A good review on an official site such as Trustpilot or on social media can pay huge dividends. It’s always worth asking for positive feedback
2.Promotion
Use newsletters to promote or launch products and services. Promoting your special offers helps reinforce the effect of your advertising and promotional campaigns.
3. Contact
Regularly sending newsletters maintains contact with customers and prospects between purchases or sales calls. This is what’s known as content marketing. It’s more strategic approach. Give your customers information that will make their lives easier, It will benefit their business – and your own. Content marketing is a more subtle approach than advertising, but it can be highly effective. It involves creating and sharing a range of online material that will help stimulate interest in insurance. Your giving away some of your expertise – but you’re building a relationship in which you are the acknowledged expert. Write in a friendly professional tone of voice – ideally your own. A conversational tone of voice helps to build the relationship and to foster trust.
“Brokers often spend 2 or 3 times more on bringing in new business when compared to the spend they make on keeping their customers – hence keeping in touch with your customer during the year is a great way to help your renewal retention – we call it our Keeping In Touch program”
Richard Burgess, Director, Alan Blunden & Co Ltd
Top Tip:
Remember, mass mailing and advertisement is just one way but not the only way, to promote your products and services. Maintaining regular contact with a newsletter is a great way to boost brand awareness. There’s no need for massive production values – a simple downloadable two-page PDF, will do the trick. Cost is minimal, and the upside could be great – give it a go.
Next month:
Reduce your advertorial spend in the trade press. We will share how to maximise your existing advert spend, with higher engagement rate and standout against your competitors!
If newsletters or email communication is something you have considered for your business and don’t know where to start, why not get in touch?
