Jorge's Thoughts: Innovate Your Marketing with Direct Mail

Of all the marketing vehicles, direct mail marketing gives you the most opportunities to specifically target your ideal prospect, to be innovative and to be more personal. 

From new technology in printing to the delivery of fresh ideas in messaging to the ability of addressing your prospects in a creative and personalized manner, direct mail allows you to drive response and drive engagement with your most ideal audience in a way that can powerfully impact your business.  

Here's how:  

1. Personalization:  Personalized mail stands out and gets attention. For your target audience to receive a direct mail piece from you shows that you have taken the time to deliver a customized message based on their potential needs. 

Additionally, 73% of American consumers said they prefer direct mail and 62% said they enjoy checking their mailbox. Give your target audience not only something to look forward to but also something that is personalized and will help you develop an initial impression.  

2. Packaging:  Direct mail response rates are higher than all digital media. Before your prospects respond to your direct mail, they first have to open it. You've got a small window of time to make that happen: 5-7 seconds. Make sure you stand out in the mailbox with creative packaging. 

Maximize response by using the latest print and imaging innovations to create the best looking and highest impact invitation in the mailbox. Take advantage of live stamping, handwritten fonts, full color graphics, odd size envelopes and other techniques that will help you avoid that dreaded look of junk mail. 

Pro tip: Postcards are for coupons and local general advertisers. All important and personal mail comes in envelopes; just ask Hallmark! 


3. Digital components:  Digital vehicles on their own may not generate enough response to keep you interested. You are targeting that guarded 50+ age group who still like traditional media, so you will need to reach with a mix of personalized direct mail, TV , radio, social media and internet ads. That approach will cover more ground, expand your message and give you more reach - what we call “critical mass” in the marketing world. It’s a combination of all or some of these that gives you maximized exposure, more opportunities to generate a higher response and stand above your competitors.

I've created a series of podcasts on this and other marketing tips to help you reach your target audiences. If you have suggestions for topics you'd like for me to cover via this type of content (or any type of content), tweet me at @JorgeVillarRME! 

By: Jorge Villar, President and Founder 

#howdoyouinnovate

Jorge's Thoughts: Add Digital Marketing to Your Prospecting Efforts

77 million. 

That's how many baby boomers reside in the United States today, a powerful generation that makes up a significant part of financial advisors' target audiences. 

While it is easy to lump boomers into one large category, it is crucial for today's advisors to realize that boomers have diverse concerns and needs and respond differently to various types of marketing. Just as crucial? For advisors to understand how boomers respond to today's digital marketing strategies.

1. Select the appropriate social media channels. 

Not every social channel will be an effective avenue to market your brand to boomers. Consider the needs and concerns of the boomer audience that you want to target as well as how the sector(s) of your targeted audience use social channels. For instance, 70% of online boomers actively use their Facebook accounts, but only 39% of them actively use their Google+ accounts. 

2. Use visual content. 

There is no doubt that visual content grabs attention, but what does that mean for your digital marketing? By creating and distributing pictures and videos, your content will more than likely earn more interactions and drive more engagement, which can earn you more leads and more referrals. For instance, visual content on Pinterest generates more referral traffic for businesses than Google+, YouTube and LinkedIn combined, and consumers who watch videos about a product are 85% more likely to make a purchase. 

3. Provide an omnichannel experience. 

Social media channels and other digital marketing avenues can be effective ways to begin conversations with future clients, but an omnichannel experience can help you seal the deal. 41% of those aged 55 and over who are online prefer to talk to someone on the phone before making a purchase. Include your phone number - as well as other contact information such as as email address and social media links - on your digital marketing materials. Each point of contact should be able to provide prompt and clear answers about your target audience's needs and concerns. 

Adding digital marketing to your prospecting efforts should be a critical part of your overall marketing strategy. I've created a series of podcasts on this and other marketing tips to help you reach your target audiences. If you have suggestions for topics you'd like for me to cover via this type of content (or any type of content), tweet me at @JorgeVillarRME! 

By: Jorge Villar, President and Founder 

#finservdigital 

Jorge's Thoughts: Content is Critical to Advisors' Marketing Strategies

"Content marketing entails understanding exactly what your clients need to know in order to supply them with the most useful resources without seemingly wanting to sell them something." 

-Attach Media

As advisors, creating and distributing content can not only help to inform your target audience about their financial concerns but it can also help you build a strong reputation as a trusted expert. And if your target audience includes boomers - which it most likely does - you're in luck; boomers spend more time consuming content that any other generation. 

So what types of content should you create? Think about what you find compelling, what prompts you to stop scrolling online and read further. 

Infographics: Brafton notes that this type of content is critical for the financial services industry to consider, as it focuses on "delivering valuable information to online audiences that love real-time information and interesting visuals." (See Attach Media's example above.) 

Videos: The Weidert Group notes that "the average person can retain 95% of video after 72 hours." 

Social media: CNBC notes that "an effective social media strategy can single-handedly create a following of thousands—and a flow of prospective clients—in just a short period of time." 

Podcasts: Business 2 Community notes that "while podcasts have been around for about a decade, there’s been a surge in listenership in the last couple years that’s getting a lot of attention from business owners, celebrities, advertisers, and consumers alike." 

I've created a series of podcasts on seminar marketing and how to reach your prospects. If you have suggestions for topics you'd like for me to cover via this type of content (or any type of content), tweet me at @JorgeVillarRME! 

By: Jorge Villar, President and Founder 

#finservcontent

Boomers & Mobile Marketing: Tips to Entice Them to Respond

"Limiting your mobile strategy to younger demographics will 

exclude an increasingly mobile market."

If your target market is boomers, it's critical to acknowledge that they DO respond to mobile marketing and to understand that they WILL interact with it. Check out the tips below to help you improve your mobile marketing efforts for this growing audience. 

1. Create clear content. 
While boomers are using mobile technology, it's a good idea to avoid using it in a way that is uncomfortable, unclear or unfamiliar to them. Combine your content with their interests or with seasonal events to establish a connection with them. Provide valuable and personalized information to entice them to believe in your brand. Target your content carefully though; avoid casting your net too wide, as boomers are not all alike. 

2. Learn how boomers text. 
A texting program can be a meaningful addition to your mobile marketing strategy, but it's important to understand how boomers use text messaging before you launch it. Sure, they use it to communicate with their families, but how do they use it for their personal interests? Do they like receiving reminders? Do they respond to promotional offers? Targeting their needs and your messaging is crucial to ensuring this program succeeds. Again, remember that boomers are not all alike.

3. Give boomers a variety of ways to respond to you. 

Mobile marketing doesn't mean just social media or just email or just text messages; it's a far more thorough approach that - when executed effectively - provides personalized, targeted and valuable information to specific audiences. With that said, it's important to consider not only how to best deliver your mobile messaging but also how boomers may want to respond. Combinations of mobile chat, social media links, email and phone conversations can provide you with powerful avenues to build awareness of your brand, answer questions about your services and convert sales. Limiting your response options may alienate your audience and make it less convenient for them to complete a transaction with you. 

What would you add to this list? Tell us below or tweet us!

@rme360

             By: Susan Gail Taylor, Social Media Manager and Copywriter at RME360

Jorge's Thoughts: 3 Tips to Develop Messaging that Converts Sales

If you've got leads, great! 

If you've got qualified prospects, congratulations! 

But how do you move them down the funnel? How does your current messaging impact your conversion rate and what can you do to improve it?

Believe it or not, every piece of written real estate matters when it comes to conversions. Each word on your print marketing, your digital messaging and your presentation materials has the power to lead to conversions, but some words have more power than others. 

Check out these 3 tips to consider when developing your messaging:

1. Stand out. Valuable prospects already have financial advisors. To earn their business, it's important to recognize that your messaging must be in steal away mode. What are you saying that is different from their current advisors? Inspire those valuable prospects to consider your services by showcasing what makes you unique. 

2. Identify pain points as well as solutions. Your prospects are likely to have several pain points of various concerns . While they won't find it pleasant or comfortable to discuss them,  they may not to do business with you unless there is something to resolve. Put the spotlight on how you can solve their pain points and make them more comfortable with their financial futures. 

3. Be top of mind. Your target prospects may not need you today, next week or next month, but inevitably they will need you. Your brand should be what they think of when they are ready to seek financial resolutions. That means your marketing efforts need to be consistent and that your messaging needs to address a variety of issues. For instance, if your target market consists of those age 55 and up, consider that their lives change every 4-6 months. Life events such as retirement, major illness or death in the family will trigger their need for you, so your messaging must speak to those concerns. 

Tweet me and let's chat about tips to convert sales:

 @JorgeVillarRME

By: Jorge Villar, President and Founder 

#convertthissale