CaptivEmerica
New Member
- 5
Hi Everyone!
I wanted to reach out and ask for your feedback and advice on a campaign that I am thinking of kicking off. To start with a little feedback. I am in the PNW and have a pretty good size Captive P&C book of business I run with my wife and staff. We have recently made the decision that I would 100% branch off and start Health & Medicare.
Starting out I have some advantages and disadvantages. Disadvantage is that I am new and learning the industry from Square 0. Advantages is that nothing I do in this 1st year is dependent on me turning an income for any overhead cost or personal expenses. I have a marketing budget of about $3,000 a month to build this business and want to be as effective as possible. I will also have access to current clients to market to that are T65 or over 66 plus that will be strategy on top of this.
I have done a lot of research this past few weeks on mailing campaigns and it looks like a target campaign of about 500 people mailed out to 6 times leading up to them T65 is a great strategy if you have the $ to fund it and willing to see your results 4-6 months down the road from when you start it. It looks like after 6 months of consistently doing this the result would be about 3,000 mailers every month going out.
I plan on doing this inhouse but have a machine that will fold, stuff, and seal the envelope to help reduce time. I also plan to have my staff help hand address them at least in the first few months or maybe higher a high school kids to come in and help with them after school.
I have a few questions on this:
I wanted to reach out and ask for your feedback and advice on a campaign that I am thinking of kicking off. To start with a little feedback. I am in the PNW and have a pretty good size Captive P&C book of business I run with my wife and staff. We have recently made the decision that I would 100% branch off and start Health & Medicare.
Starting out I have some advantages and disadvantages. Disadvantage is that I am new and learning the industry from Square 0. Advantages is that nothing I do in this 1st year is dependent on me turning an income for any overhead cost or personal expenses. I have a marketing budget of about $3,000 a month to build this business and want to be as effective as possible. I will also have access to current clients to market to that are T65 or over 66 plus that will be strategy on top of this.
I have done a lot of research this past few weeks on mailing campaigns and it looks like a target campaign of about 500 people mailed out to 6 times leading up to them T65 is a great strategy if you have the $ to fund it and willing to see your results 4-6 months down the road from when you start it. It looks like after 6 months of consistently doing this the result would be about 3,000 mailers every month going out.
I plan on doing this inhouse but have a machine that will fold, stuff, and seal the envelope to help reduce time. I also plan to have my staff help hand address them at least in the first few months or maybe higher a high school kids to come in and help with them after school.
I have a few questions on this:
- Is this realistic and would I overload myself with leads (that is a concern of mine)
- I understand if they are bulk mailed I could expect about a 1% return average, Is it realistic to expect a 4-5% return if I hand address them. (I also know that the return is delay because the 1st batches are going out 6 months prior to bday)
- I understand that a hand addressed envelop will at least get opened even if they toss it with no action. What would you recommend in the trifold mailer?
- If you have any resource that could help me decide what to put int he mailers I would appreciate it.