Is Now a Good Time to Start Digital Marketing?
If you’ve been waiting for a sign - this is it. Let’s trade social distancing for social media. Flatten the curve of employee education meetings to on-demand financial training. From office meetings to website visits. Use professional introductions to a Google search. Now is the time to strengthen your online reputation, digital presence and own your virtual back yard.
The first step in setting up a digital marketing campaign is having a prospect list. After you have identified the people and companies you want to target, it’s time to digitally get their attention.
Connect with the decision makers on social media
Then wait. Don’t immediately send them a spam note. Converting a cold prospect to a warm lead takes time; they need to perceive value in your professional retirement plan advisory offering.
Post quality content
Each day brings new news and sweeping changes. Post about them. Share your mastery of the 401(k) industry on social media. Become that professional on their newsfeed that consistently educates, informs, and entertains them with what they need to know. As a plan sponsor, they have a fiduciary responsibility and wear many hats. Teach them that you are an expert and can lighten the weight on their shoulders.
Examples of digital content marketing could include:
Social media reposts
Best practice guides
With the stock market resembling an inflatable dancing sales balloon at a car dealership, employees need financial education more than ever. Prevent them from making dangerous financial decisions. Help them understand volatility. Listen to their concerns. Be the hero they need to calm investor fears. Host a LIVE employee education meeting. Prepare a slide deck and then give a live presentation.
Spruce up your website
In 2018, it was estimated that 86% of prospects would visit your website before accepting a meeting. Now with everyone WFH, that number is probably closer to 99.99%. Take a moment and review your website. If you need help, ask your wholesaler partners, Home Office, and trusted colleagues to give you some feedback. With no one walking through anyone’s office door, this is a great time to review your digital store front.
Seriously, do it. What comes up? Is it your website, social media profile, biography? What is posted about you on the internet? Now, switch over to Images. What is there? Click on YouTube. Go down the digital rabbit hole. Find everything the internet says about you. Then apply a content marketing strategy to enhance your digital reputation and search engine results.
Another quick tip: update your LinkedIn profile picture. So when prospects want to see you, they see an amazingly professional picture. Even though we can’t physically connect, we can still be visually present.
Use these tips to start your content marketing campaign to grow your business. While we are in a time of darkness; it is always darkest before the dawn and the sun will shine again.
Thanks for reading and Happy Marketing!
*If you have been skeptical and wondering if social media will catch on, take a moment and ask yourself how you get the news, connect with friends, and where you research fellow professionals. Chances are its social media and now is an opportunity to strengthen your digital profile. See these helpful articles get started.
401(k) Marketing is the modern marketing agency for the retirement plan industry. We are proud to support our clients through custom engagements, content marketing campaigns, sales material innovations, thought-leadership consulting, interactive workshops and speaking events. Our mission is to empower the retirement plan industry with high-quality marketing, ultimately inspiring Americans to become financially prepared for their future.
Retirement Plan Marketing is the solution for retirement plan advisors looking for an ongoing and scalable marketing process to generate awareness, streamline sales opportunities and earn more 401(k) business. This comprehensive, strategy driven marketing program includes digital content and sales material specifically designed to help retirement plan professionals attract the right decision makers.