How an insurance agency generates business using Facebook

I always enjoy hearing stories of small business owners using social media to generate leads and connect with new clients. As much as I encourage people to give social media a chance, it’s the real-world case studies that speak the loudest.

Jim DeWitt is an owner at DeWitt Insurance Group and is a member of my BNI chapter. Jim’s agency offers life and health insurance (both business and individual), as well as property and casualty insurance. During our BNI meetings, Jim sometimes shares with us how he finds new clients. Frequently his clients come from Facebook as a result of his commitment to staying active in social media. I sat down with him to learn more.

Jim let me know that he started off on Facebook just reconnecting with old friends and used it for keeping in touch. He did not overtly talk about business but when people asked him how he was doing, he would let them know that he was an insurance agent and that he enjoys helping people save money on their insurance. This frequently led to opportunities to provide quotes to his connections and sometimes led to new business. At its most basic level, Facebook allowed Jim to expand his network and engage in business conversations with his connections.

As Jim earned more and more business via Facebook connections, he began to share his stories via the Facebook news feed. One such posting announced that he was able to save someone $1,000 a year on insurance and explained how much he enjoyed his job. It was not a hard sell, but rather an authentic story that displayed his passion for helping others. Following this post, a number of his connections asked him for quotes on their insurance. Jim acquired 3 new clients as a result of that post.

Facebook also helps Jim keep an eye out for opportunities. Sometimes his connections will share their dissatisfaction with their insurance policies. When this happens, Jim politely offers to provide quotes for them to see if he can help. This has also led to new business.

Jim also let me know that not only do his clients frequently come from Facebook, but those same clients also often refer him to other friends and family – sometimes via Facebook.

So far, Jim’s activity on Facebook has led to approximately 20 new business opportunities (some still in progress) and 10 new clients. Not only is he able to find new clients, but Facebook also helps him provide better service to his existing clients. When he notices that his connections announce life changes on Facebook, it gives him the opportunity to proactively offer to update their insurance policies and offer advice on proper coverage. This strengthens the relationship and improves his client retention.

While other insurance agents are struggling to squeeze more business out of offline marketing and cold calling, Jim DeWitt is integrating social media into his business strategy and is achieving great success. By being authentic, helpful, and active on Facebook, Jim is growing his agency and expanding his network.

To learn more about Jim, contact him via his Facebook profile or call him at 317.695.2317… he would love to hear from you!

Personal Branding with Social Media

You may be familiar with branding as it relates to companies and organizations. A company’s brand is the essence that should affect everything it does. How often, however, do we pay attention to our personal brands?

Yes, a person has a brand. Anyone who works, communicates, or participates in society at any level has a personal brand. Your personal brand is made up of a number of different factors and it influences how you are perceived by others.

Job-seekers should pay especially close attention to their personal branding as it can have significant impact on how successful they are.

Traditionally, personal branding was affected by communication style and appearance. Today, however, social media and online communication has made it possible to strengthen personal branding to a greater extent. The way someone presents himself or herself online can make a big difference in how that person is perceived before any personal contact is made. For this reason, it’s important to manage your personal brand online. What are some ways to do this?

Acquire a clear, professional head shot photo. Use the same photo on all of your profiles. This gives a strong first impression and strengthens your personal brand in multiple places.

Complete your profiles on social networks. If your LinkedIn profile stays stuck at 80% complete, it looks like you don’t care. Many companies don’t want a resume anymore – they want to see your LinkedIn profile. Don’t shortchange yourself.

Collect LinkedIn recommendations. A profile with no recommendations is a red flag which means that person does not do much networking. Reach out to people and recommend others so they will return the favor. A good list of quality recommendations strengthens your personal brand by showing that others value your work.

Polish your writing style. Few things damage a personal brand more than poor writing. If you don’t write well, do some research or take a class and learn to write in a clear, articulate fashion. This will help as you blog, write your own bios, and communicate in general with others.

Create and post presentations on SlideShare. Even if you don’t do any speaking right away, go ahead and put some slide decks together to have them ready. This positions you as an authority in your field which may lead to speaking engagements. Be sure to link to your presentations from LinkedIn using the built-in SlideShare application.

Link your profiles together. Be sure that it’s easy to find you on various networks. Your LinkedIn and Twitter profiles should link to your blog. Your blog should link to all your profiles. Link together as much as you can.

Articulate your goals. When someone asks you how they can help you (whether online or offline), be sure to have a clear, consistent answer. Understand who your target customer is, the type of job you want, or just who you want to meet. Be able to deliver your message in 30 seconds or less. Post your goals in your bio on social networks.

Blog. This can be a difficult thing for some because writing does not come naturally for everyone. However, even a blog that is updated once a month can make a difference. Blog about your perspectives on your profession, your area of expertise, or offer educational content. This helps others get to know you better.

Communicate and distribute content via Twitter. Twitter is a great tool for sharing your content with others and having concise conversations. Balance your Twitter activity between posting your own content and engaging in conversations with others. Don’t forget to re-tweet information from others that you find interesting. What you re-tweet says a lot about you.

This may seem like a lot of work at first, but your personal brand is important. It can affect your communication, your work, and your success. Take care of it and utilize social media to strengthen it.

Are you a social media zombie?

What’s a social media zombie? It’s a term I affectionately use for someone who has profiles on social networks but uses them at about 10% capacity. Here are some ways to determine whether you are a social media zombie:

  • You have a LinkedIn profile but less than 10 connections
  • Your Facebook, LinkedIn, or Twitter profile has no photo
  • You have a Twitter account with only one update that says “Trying out Twitter”
  • You reply to LinkedIn messages 6 weeks late with the apologetic message “sorry, I should check this more often”
  • You blog once every 6 months
  • Your LinkedIn profile is at 80% completion and has been for months
  • You never comment on anyone else’s content
  • You have a Facebook profile but your profile photo is a tree, nature scene, or your cat
  • Your LinkedIn, Facebook, or Twitter status has not been updated in weeks
  • You never share links or articles
  • You don’t answer questions because you don’t know they have been asked

Though I am obviously poking a little bit of fun here, the point I am making is that it’s not enough to just “be” on these networks. You only start to get value from social media when you contribute. Joining a network does not mean that you will magically start making connections and growing your business. You must provide value to your community. This can include:

  • Blog about topics in your area of expertise
  • Complete your LinkedIn profile and make connections with people you meet in real life
  • Share interesting content on Facebook
  • Make introductions for other people
  • Post photos
  • Post videos
  • Publish your blog post via Twitter
  • Ask questions
  • Answer questions

The same rules apply in social media as in real-world networking. Give first before expecting to get. Remember, people want to do business with people. They are more likely to want to do business with interesting people. Lack of participation = uninteresting.

Don’t be a social media zombie. Go contribute something!

Facebook profiles are for people, not companies

I still see this over and over on Facebook: profiles used as company accounts. This is an incorrect use of Facebook and of social media in general. A personal profile on Facebook is meant for a person. No one wants to engage with a Facebook user that has a company name as the profile name and company logo as a profile picture. It is impersonal and uninteresting. Your Facebook profile should be you, with your actual photo (not a picture of a tree or something) and not your company logo. People want to interact with other people.

Facebook fan pages are the best way to create a business presence on Facebook. That is what they are designed for. Use your company fan page to create your company presence on Facebook and then invite people in your company to contribute to it.

Profiles are for people; fan pages are for business.

Facebook Fan Page vs Group: What’s the Difference?

I’ve been asked many times recently what the difference is between a Facebook fan page and a Facebook group. It’s a great question and the two are similar enough that it can sometimes be confusing.

Here’s my short answer: if you have a logo and a legal entity, you probably want a fan page. Otherwise, you probably want a group.

Fan pages are more appropriate for businesses, non-profits, organizations, or any entity that has a legal presence and a brand. For example, SpinWeb has a fan page because it’s a company. Many of our non-profit and association clients also have fan pages, such as the AMTA Indiana Chapter. These organizations have legal status and a brand and therefore are appropriate candidates for a fan page.

Groups are designed for decentralized common-interest communities. They are great for clubs, topics, and any community that doesn’t necessarily have a “home office” but needs a place to host a discussion and post information. Groups are frequently used for causes, common interests, and events.

So what’s the difference? Here are some basic technical differences:

Fan pages

  • No limit on number of fans (members)
  • Can install applications
  • Indexed by Google
  • No privacy controls
  • Announcements are sent as Facebook updates
  • Geared toward business

Groups

  • Limit of 5,000 members
  • Cannot install applications
  • Not indexed by Google
  • More advanced privacy controls
  • Announcements can be sent as Facebook messages
  • Geared toward personal

Take these things into account when deciding whether to create a fan page or a group and you will get more out of your Facebook presence. Does anyone else have any creative examples of fan pages or groups? Comments are welcome.

What is a Facebook Fan Page?

I’ve been asked by many people recently to describe what a Facebook fan page is. For this reason, I thought I would write a short explanation.

A fan page on Facebook is a miniature landing page or micro-site on Facebook that serves as a “home base” for your business or organization. It is different from a Facebook profile (which is designed for people). While your Facebook profile represents you as a person, your fan page represents your business or organization.

Fan pages contain information such as business contact information, website, hours, location, and other basic business information. A fan page is also a great platform for posting your blog articles, events, and photos.

Fan pages are also designed to collect Fans in the form of other Facebook users who have subscribed to updates from your fan page. This means that your fans will be notified of new updates to your fan page.

Fan pages also get indexed by Google, which is a great way to drive additional traffic to your business.

Fan pages are also great places to engage with your customers. Some companies carry on discussions with customers via their fan pages and embrace the transparency it provides. Customers who have an easy way to offer open feedback are happier and more satisfied.

A fan page is easy to set up and free. If your business does not maintain a Facebook fan page, consider setting one up and becoming active in posting information. It can be a great way to expand your brand presence.

To see an example, consider becoming a fan of SpinWeb’s fan page.

To set up a fan page, scroll to the bottom of any Facebook page and click on “Advertising”. Feel free to comment here with any questions.

Overcoming Social Media Paranoia

I’ve been having some great conversations lately with people who ask me about social media. Some of my favorite conversations start with the other party saying something to the effect of “Facebook is creepy… I don’t want everyone knowing what I’m doing.” These are great conversations because I have the opportunity to (hopefully) clear up some misconceptions about social media.

“I don’t want everyone knowing what I’m doing.”

This is typically objection #1. For some reason, some people think that joining Facebook (or Twitter, etc.) automatically means that everything they do will magically be broadcast the whole world and privacy will disappear. Not so. Social networks let you control what is distributed. Do you constantly call or email people with all your private life details? No… and it’s no different in social media. You decide what gets posted.

“I don’t want my personal information (address, photos, etc.) posted online for everyone to see.”

When you decorate your house, do you hang your family photos on the exterior walls for everyone to see? Do you make copies of your house key for everyone in your neigborhood and hand them out at the July 4th cookout? No? Then follow the same rules on your social networks. Facebook, for example, lets you selectively show and hide photos and albums so that only certain groups of people can see them. You also have control over what people see and who you allow into your network.

“I don’t care what my friends had for breakfast.”

I usually hear this objection when talking about Twitter. While it’s true that some people will tell you all the mundane things going on throughout the day, including what they had for breakfast, there is a simple solution to this: don’t follow them. Keep in mind that you are in control. You can choose to follow people who interest you. If you want to see quality content, then follow people and organizations that offer content that interests you.

After a few minutes of conversation, I am usually able to clear up some of the misconceptions around social media. I enjoy this because I feel very strongly that when used correctly, this new generation of online tools has the potential to enhance our qualities of life and help business grow.

What are you scared of?

I Don’t Have Time for That Computer Stuff

I had a great weekend at the AMTA National Board Meeting in Park City, Utah. As usual, I thoroughly enjoyed networking with other AMTA volunteers and got to spend time with old friends.

As I tend to do, I also posted updates from the board meeting via Twitter so that my chapter members could follow along. When I do this, I inevitably get asked about it with curious questions. After I explain what I am doing, whether it’s using Twitter, Facebook, LinkedIn, my web site, or some other tool, the typical response is “I don’t have time for that”, or “I’m not interested in spending that much time in front of the computer”, or my favorite: “I’m too old for that.”

It’s frustrating to me when viable marketing and networking tools get marginalized just because they are “new” and unfamiliar.

So what you’re saying is that you don’t have time to build your business? You don’t have time to find new clients? You are too old to connect with a growing base of potential clients who are listening for your message online?

I continue to collect stories from businesses (including my own) who are giving and receiving referrals using Twitter, finding new clients on Facebook, and finding valuable networking partners on LinkedIn. These businesses are also investing in a great web site to properly promote their businesses.

Take a second look. Do you have time to invest in your business? Or do you not have time for that “computer stuff”?

Social Media Will Not Fix Your Marketing Strategy

I had a great group of people in my Twitter class yesterday and we had some awesome discussion about how to use it for business. One theme that was recurring was how it leads to sales. It’s a great topic and I think there are some misconceptions out there.

Social media will not fix your marketing strategy. It should not replace your current efforts or cause you to shift all of your time onto Facebook, LinkedIn, and Twitter. If your marketing strategy is broken, you must fix that first – social media will not save it. At the same time, it is a mistake to ignore it and continue the status quo.

Social media is a set of tools that augment, supplement, and assist as a component of your marketing strategy. It can give you a competitive edge. Social media can give you more effective ways to build relationships with your customers, prospective customers, and networking partners.

Remember that social media is not a magic bullet. However, ignoring it is also a mistake. Find the most appropriate ways to augment and supplement your marketing strategy with social media and enjoy the benefits of a more full-featured marketing toolbox.

B2C Company Using Social Media? Follow the Lead of Eventful Florals.

I love seeing our clients do creative things using social media. I noticed Eventful Florals doing something interesting recently that I thought was a great idea. They are offering a 10% discount to anyone who becomes a fan of Eventful Florals on Facebook. This is great because their customers feel great about getting a special deal, while Eventful Florals now has a growing list of permission-based contacts who have opted in to receiving updates via the fan page.

Additionally, Eventful Florals is distributing “daily tips for the modern bride” via Twitter, which is also awesome. Brides-to-be will follow to get wedding planning tips (very valuable info) and Eventful Florals gains a captive audience of potential customers. The updates are also posted to the fan page.

Kudos to Eventful Florals for being innovative and using social media to build value and grow brand awareness with permission marketing.

Oh, and they have a nice web site, too :-)