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Selling insurance to different generations can be tough at times. But, with the right knowledge this can achieved easily Here, you learn about getting more leads. You can also find more information at: https://agencyheight.com/selling-insurance/
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Selling Insurance to Different Generations: A Difficult Task?
Selling insurance to different generations is not an easy task • Agents must provide satisfying service so that the clients return to your service again • Different generations have different preferences like health, education and necessities, agents must identify what works best for who • Different form of marketing strategies for each generations • Advertising: what works for baby boomers might not work for millennials • Agents must juggle between old fashioned strategies and modern forms of marketing
How many generations co-exist? • Baby Boomers • Generation X • Generation Y(Millennials) • Generation Z
Overcoming the Difficulty of Selling Insurance • Knowledge • Before jumping to conclusions, agents must identify the needs and wants of their audiences • Social listening is a great way to understand the audiences demands and reviews on a service • While baby boomers prefer face to face conversations, the younger generations don’t consider it a necessity and prefer social platforms to complete the task
Advertisements • Baby boomers gen X still rely on TV for entertainment. Hence TV advertisement cannot be thrown out the window yet • Best way to sell insuranceto babyboomerswould be by being direct • Social media works best for the generations that grew up around technology like gen Y and gen Z • Agents must be flexible and adjust the advertisements according to their audience
Technology • While the older generations struggle with technology, they are slowly adapting to the modern changes • Gen X spend a good amount of time surfing on the internet these days • Gen Y and gen Z grew up with technology and developed a sense of dependance on it • Services must be quick and instant • Use of outdated technology is considered old fashioned • Agents must constantly evolve with the latest trends as the younger generations are the future of insurance sales
The Internet • Having a website enables agents to turn the world to their target market • All the way from baby boomers to gen Y make use of the internet • Social media platforms are a great way of reaching target audiences • Demographics are easy to identify and target a single niche • Social media is the biggest platform for agents to showcase themselves • The internet helps agents remain updated on the latest news and trends in the industry