Referrals. The holy grail of marketing.
Why? Lowest Cost of Customer Acquisition imaginable. And - because referrals come ‘pre-baked’ as Highly Loyal Insurance Clients - the highest Customer Lifetime Value possible.
The assets in this Center are ‘free use’ for Mastermind members.
Included in this kit are:
<aside> 💌 The Referral Growth Calculator! If you ever wondered, ‘what are referrals really worth to me?’ OR, ‘How much MORE would they be worth if I pumped it up a notch?’ your answer is here. And, I think you’ll be amazed. See what happens to agency income at three different levels of referrals: Industry Average, Reliable Referral Program and Ideal Referral Program. (Calculated based on Safeco Industry Research.) Click below to download your version of this new tool.
Download your copy here:
Referral Growth Analyzer Final2.xlsx
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Short Video Explanation of The Referral Growth Calculator
Short Video Explanation of The Referral Growth Calculator
One final note on the economics of referrals. They are the best of both worlds and nothing compares:
So, done right, you win the two challenges to the insura-prenuer: CAC and CLV.
True, not enough to scale. But this is THE place to build a foundation.
<aside> 💰 NOTE: click on the ‘carrots’ below to open up the next sections.
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MARKETING CONTENT FOR YOUR REFERRAL PROGRAM
Announcing Your Referral Program
Announcing Your Referral Program - with Charity Included
3 Email Sequence - Boomer Style
3 Email Sequence - Boomer Style - with Charity Included
3 Email Sequence - Millennial Style
3 Email Sequence - Millennial Style - with Charity Included
3 Email Sequence - Blended Millennial-Boomer Style
3 Email Sequence - Blended Millennial-Boomer Style - with Charity Included
Thank You to Client Who Sent the Most Referrals
Announcement to Clients about ‘Referrer of the Month’
Use them as you like! Read them over and replace or add terms as needed.
Enjoy! Michael
Michael interviews Chuck Blondino, Safeco’s former Director of Agency Programs on referrals. This is an 18 second clip, based on the latest research on referrals-per-customer.