Direct Mail Marketing - An Effective Tool for Mortgage Insurance Agents

Posted by Joseph Marie
3
Apr 8, 2016
143 Views
Why Direct Mail Marketing is Suited for Mortgage Insurance Sellers:

Mortgage Insurance sellers are one of the niche groups that can benefit most from direct mail marketing. This is because their target group - homeowners - are most effectively reached by direct mail campaigns. Advertising on TV, radio, newspapers and magazines may not be as effective as a well-planned direct mail campaign. This marketing tool can help mortgage insurance sellers pull in leads for purchasing and renewing mortgage Insurance. Also, sellers can cross-sell life insurance, health insurance and other specialized personal insurance products to users depending on their requirements. Print and mail services are of immense help to agents for preparing and dispatching well designed campaign material to potential customers.

How to Maximize your Direct Mail Material’s Impact:

The mailing list is the most important facet of the direct mail campaign for mortgage insurance agents. Agents can select their target mailing list depending on the information available on their credit score, type of current dwelling, coverage under state and federal housing schemes and any other information they can obtain about the users. The campaign material must be personalized to a high degree by using the recipient’s name so that the reader is drawn to opening the envelope and take a look at the marketer’s message.

The design of the marketing material is a big factor in the response rates for the direct mail campaign. Well-designed mail draws the attention of the reader with a simple message on the outside, such as “Free Insurance Consultation” or “Get upto 50% off on Your Insurance Today”. The direct mail should also offer an easy way for the potential customer to reach the marketer-a telephone number, email and website are the obvious choices. Social media profiles are also preferred by a lot of users. The design of the mail material can also be tweaked for each mailing to measure the response rates of the recipients. This helps the agent find out the kind of design and message that works best for generating responses from recipients.

Care must be taken that the marketing material is free of errors and omissions. So the mail must be proof read carefully to make sure any embarrassing mistakes are eliminated. The reader creates an impression about the insurance agent from the mail material, so when the mail is well-designed, it creates a favorable impression in the user’s mind.

The frequency of these mail campaigns is another factor which influences the response rates. Sometimes, the agent’s direct mail might reach a user whose mortgage insurance renewal is only coming up later in the year. If the campaign closes after one mailing, an opportunity for a sale might be lost if the user decides to give her business to another agent or renew from her existing insurance provider. So campaigns with multiple mailings of different types like letters, newsletters and postcards help enhance the response rates and generate more leads for the agent.

iti Direct Mail offers mortgage direct mail marketing ( letterprinting.n/pc/Mort ) and other direct mail marketing, printing and design services at reasonable rates for effective business marketing.
Comments
avatar
Please sign in to add comment.