E-Commerce with an emphasis on Social Technologies
Last week’s 2016 PIMA MidYear Meeting was off-the-charts good. As a returning member, I went about my business talking to people about amazing new Social Tech opportunities, which by the way got more traction than ever before by a wide margin. As promised, along the way, I asked attendees at random what their Top 2-3 Challenges are today.
On a phone call with an insurance marketing industry veteran this morning, he said this:
“The Market is demanding more access and transparency. Regulators are demanding more information security and compliance. Insurance companies are struggling with adapting product and process to generational preferences and digital requirements. People will tolerate some level of off-line completion in the process, via email or phone, as long as it’s efficient and streamlined and non-repetitive providing a good user experience. The ones that solved it are winning. Some have spent millions on processes that didn’t have buy-in from internal teams and therefore didn’t yield the necessary ROI. That learning process has been costly.”
I had some first hand experience helping with an extremely viral Facebook page recently. Many remarkable observations came out of it. The first one I’d like to share is all about Facebook fake Likes. In the future I’ll come back to some very effective engagement strategies that have broad application (hint: Crowdsourcing). I’m most interested in YOUR experiences and observations. Have you experienced something along these lines? What are your comments about this story? Read the rest of this entry »