We Need Marketing Ideas

Marketing a Medicare Supplemental and Long Term Care Insurance Business

You're heavily invested in the success of your medicare supplemental and long term care insurance business and failure isn't an option. That means you'll also need to invest yourself in the strategies and techniques it takes to effectively market your brand in the marketplace.

Young business owners are often surprised to learn that marketing isn't as intuitive as they thought it would be.

Customer loyalty isn't what it used to be. These days, customers expect value and nothing communicates value more than a solid marketing plan.

Newsletters

Despite the unrelenting demands of generating content on a monthly or quarterly basis, a company newsletter has promising potential as a marketing device. Unlike flyers and other advertising mediums, newsletters have an informational focus. In fact, the best newsletters encourage customers to take the next step without ever asking for a sale. These days, medicare supplemental and long term care insurance businesses to distribute newsletters through online channels (e.g. in email campaigns and as PDFs on the company website).

Public Relations Strategies

Marketing and public relations are two distinct promotional disciplines. While marketing flows blatant advertising messages to audiences, PR takes a more educational and informative approach. If you want to send unrestricted marketing messages to your audience, buy a mailing list and perform a direct mail campaign. But if your strategy calls for sophistication, media buy-in and thought leadership, hire a PR consultant. The key to effective PR is to use nuanced messaging to attract the attention of reporters and media representatives. If reporters smell promotional content, they will back off from the story or create their own narrative.

Make Sure You Have a Good Business Sign

Good signage is a Business 101 concept. Even though medicare supplemental and long term care insurance businesses are very different from each other, signage can be used by any medicare supplemental and long term care insurance business to communicate the company's value to their customers. Visibility, branding elements and other considerations are all factors in the design and size of your operation's business signage.

Given the fact that signage in medicare supplemental and long term care insurance businesses has unique characteristics, avoid glossing it over as an afterthought. Talk with somebody who knows a lot about business signage advice and get their input before you create new business signs.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary