Smartphones have become increasingly popular tools for communication, searching the Internet, to use as a camera, to manage health and medical information, to manage online banking, and to make purchases. So it is no surprise, that given the amount of time we’re all spending on our phones, businesses have had to cultivate a mobile approach to marketing their brand.
Marketo defines mobile marketing as a multi-channel, digital marketing strategy aimed at reaching a target audience on their smartphones, tablets, and/or other mobile devices, via websites, email, SMS and MMS, social media, and apps. Here are five reasons why it is so important for your insurance company to create a mobile strategy within your marketing efforts:
1. Time Spent on Cellphones is Increasing
If you go to any public place and just look around, you’ll see that most people are looking down at their smartphones. Therefore, it’s no shock that 95% of Americans have a cellphone of some kind; which is 77% up from the 35% reported smartphone owners in 2011. With so many Americans using cellphones, at this point it is mandatory for your company to optimize your online insurance platforms for mobile.
2. Consumers Are Exposed To All Your Online Marketing Through Mobile
From your website, to your ads, to your social media, and your emails, your consumers are able to experience all of your online marketing through their smartphone. This means that you have to optimize your company’s website, along with all your social media and email campaigns that go out to your prospective clients.
Emails that display incorrectly on mobile may be deleted within three seconds, and as many as 15% of users will even unsubscribe. Considering your competitors are also optimizing for mobile, this very well could be a quick win for them if your system fails.
3. Ecommerce is Rapidly Growing
Shopping online is the new normal. Not only are consumers shopping for clothes and groceries with their smartphones, but they’re also purchasing all different types of insurance through their phones as well. Actually, 25% of insurance shoppers use only their smartphones, which means they’re not just researching insurance options on mobile, but also making their purchases as well.
4. Consumers Shop Around for Options
With over 50 percent of searches for insurance happening from a mobile device, it is safe to say much of the compare-and-contrasting and shopping around online is happening on mobile. This means more than ever, your insurance company needs to put its best foot forward when it comes to mobile. Not only are consumers comparing insurance rates, but they’ll be judging your company by the usability of your website and app from their phones.
5. Most Companies Offer a Mobile AppMany insurers and agencies are offering more self-serve activities, especially on mobile. Roughly 78% of companies now offer consumers the ability to report claims online, and 79% offer that capability via a mobile device.
As of June 2017, 180 billion apps had been downloaded from Apple App Store. And as of Q1 2018, Android users were able to choose from 3.8 million apps and Apple users were able to choose from 2 millions apps. The amount of apps being created by companies and used by consumers, is at an all time high, so if your competitors don’t already have an app, they surely will be creating one soon.
Due to the high volume of smartphone users in the world, it is more important than ever that your insurance business starts adapting your marketing efforts to keep up with the advances in technology.
Let's chat and put the Hult Team’s experience to work for you. Feel free to reach me at 309-673-8191 or firstname.lastname@example.org, and together, we can grow your insurance Brand.