SlideShare a Scribd company logo
1 of 19
Download to read offline
SEO VS. PPC: WHICH
PROVIDES BETTER
VALUE INSURANCE
LEADS?
When marketing for your brokerage, you may have fallen into a
common trap while trying to get your treasured insurance leads –
the use of pay-per-click (PPC) advertising.
It’s also one of the biggest marketing mistakes you can make!
When you do the math, you’ll see that the PPC route simply doesn’t
make financial sense. This is because for the insurance industry, the
PPC rates for search terms are pricey, yet your conversion rate isn’t
likely to make up for the high cost.
You can go ahead, pay a premium for each click, enjoy a high
number of leads through Adwords, and think your digital
marketing job is done. Until you realise your brokerage isn’t
growing like you expected – and you’ve spent hundreds, or
thousands on PPC advertising.
Why PPC Will Ruin Your Online Marketing
Take a closer look so you understand the financial black hole you
may be putting your brokerage into with PPC.
For typical search terms, Google Adwords charges the following for
each click:
● Insurance business liability - $45.07
● Independent insurance brokers - $25.02
● Quote for business insurance - $27.59
● Best insurance rates - $40.98
Take a closer look so you understand the financial black hole you may be putting
your brokerage into with PPC.
For typical search terms, Google Adwords charges the following for
each click:
● Insurance business liability - $45.07
● Independent insurance brokers - $25.02
● Quote for business insurance - $27.59
● Best insurance rates - $40.98
Now, for the stark reality. These numbers are for clicks. They
don’t necessarily translate into sales. If you were lucky – and
happen to have a fantastic landing page on your insurance website
– you may be very lucky to generate 1 lead for every 10 website
visitors.
This would be a 10% conversion rate, which is higher than 99% of
insurance websites on the web!
This means at best you would end up paying the following – for every
quote!
● $450.70 for every “insurance liability” quote
● $250.02 for every “independent insurance brokers” insurance quote
● $275.90 for every “quote for business insurance” quote
● $409.80 for every “best insurance rates” quote
When you look at these numbers, PPC doesn’t make as much
sense. In fact, it could be draining your marketing budget without
helping your bottom line.
The Argument for SEO
Using white hat search engine optimisation (SEO) techniques to rank
high on search engines organically, drive traffic to your site, and
generate leads is going to bring you a better ROI than PPC. This is
because your leads are more likely to click on your organic results
over your paid results – 8.5 times more likely.
The Search Engine Marketing Professionals Organisation estimates
that of all search engine dollars spent, 87% goes towards PPC. Only
11% is spent on SEO.
With an informative blog with regular posts, you can build up a
reputation as being a source
of expert tips, info, and
news, helping potential
customers find answers to
all their insurance-related
questions and making a
visit to your site a
worthwhile experience.
This type of brand recognition can not only generate leads, but it
can also help to sustain your brokerage's marketing over the
long-term. While you will have to put the work in upfront and
always continue to maintain your website for search engines,
SEO is an effective long-term approach for digital marketing success.
Your PPC campaigns only last while you pay for them, and then they
are gone for good. They do nothing for building your brokerage’s
reputation.
Why Use PPC?
Why do marketers invest so many dollars into PPC in the first place if SEO is so
much more valuable?
Because PPC delivers faster results. It will take time to improve
your page ranking and get your brokerage’s site on the coveted
page one of Google. It will also take a lot of work to maintain your
high page ranking. With Google Adwords, your website can be on the
first page right away, putting your business in front of prospective
leads.
PPC can be great for
giving your brokerage
a quick business boost
and is very useful for
a business just
starting out or if you
need to generate
Leads while you are building your SEO. Just keep in mind that using
PPC as part of your insurance marketing strategy can be expensive.
Make sure your website is optimised and well-set up to help generate
leads so when searchers do click on your site, they will be more
likely to request a quote.
Is SEO Alone Enough?
You may wonder if just using SEO will be enough to attract
high-quality leads. Nectafy did an experiment on much a pure
inbound marketing strategy can have. From November 2013, to
almost three years later, their traffic grew 3,590%. They went
from having 440 organic visits each month to 16,600!
However, this example is a strong
argument for an SEO only
approach – especially when you
consider that once that organic
momentum has built up, your
return on investment for every
piece of content you publish goes
up dramatically.
When your content that was published three years ago is putting
your website on the first page of search results, you may be getting
dozens, if not hundreds of free clicks every day. Compare this to
the $45.07 you have to pay for every PPC click for 'insurance
business liability’.
While you are working on your SEO and establishing your
brokerage as an industry authority, PPC is certainly an option to
help encourage insurance sales leads. Once you notice how much
your pay-per-click advertising costs, you may decide to replace all
your PPC with organic search.
Here is a simple game plan for transitioning:
● Optimise your PPC keywords, only using the ones that are
bringing in new leads and eliminating those that aren’t
working.
● Use the same keywords for both your PPC and content
marketing efforts.
● Make a solid effort with your SEO, publishing a long-form
article for each keyword.
● As soon as your content ranks, you can stop paying for PPC.
You will have started to bring in organic traffic through your
SEO.
Driving organic traffic to your site through SEO isn’t easy. It won’t
happen fast, and you won’t notice results in a few days, or even in
a few weeks.
However, organic search is the only sustainable digital marketing approach for
insurance websites.
With your value-driven content, along with social media marketing and
other inbound marketing techniques, you’ll have established a strong
presence on the web and will be able to enjoy high quality leads
for years to come, thanks to the article you publish today.
Ready to take your organic marketing to the next level and help your brokerage
generate quality leads?
Download our free guide, “Insurance Brokers Guide to Website
Enhancement and Serious Lead Generation.”

More Related Content

Recently uploaded

Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 

Recently uploaded (20)

Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

SEO vs. PPC: Which Provides Better Value Insurance Leads?

  • 1. SEO VS. PPC: WHICH PROVIDES BETTER VALUE INSURANCE LEADS?
  • 2. When marketing for your brokerage, you may have fallen into a common trap while trying to get your treasured insurance leads – the use of pay-per-click (PPC) advertising. It’s also one of the biggest marketing mistakes you can make! When you do the math, you’ll see that the PPC route simply doesn’t make financial sense. This is because for the insurance industry, the PPC rates for search terms are pricey, yet your conversion rate isn’t likely to make up for the high cost.
  • 3. You can go ahead, pay a premium for each click, enjoy a high number of leads through Adwords, and think your digital marketing job is done. Until you realise your brokerage isn’t growing like you expected – and you’ve spent hundreds, or thousands on PPC advertising.
  • 4. Why PPC Will Ruin Your Online Marketing Take a closer look so you understand the financial black hole you may be putting your brokerage into with PPC. For typical search terms, Google Adwords charges the following for each click: ● Insurance business liability - $45.07 ● Independent insurance brokers - $25.02 ● Quote for business insurance - $27.59 ● Best insurance rates - $40.98
  • 5. Take a closer look so you understand the financial black hole you may be putting your brokerage into with PPC.
  • 6. For typical search terms, Google Adwords charges the following for each click: ● Insurance business liability - $45.07 ● Independent insurance brokers - $25.02 ● Quote for business insurance - $27.59 ● Best insurance rates - $40.98
  • 7. Now, for the stark reality. These numbers are for clicks. They don’t necessarily translate into sales. If you were lucky – and happen to have a fantastic landing page on your insurance website – you may be very lucky to generate 1 lead for every 10 website visitors. This would be a 10% conversion rate, which is higher than 99% of insurance websites on the web!
  • 8. This means at best you would end up paying the following – for every quote! ● $450.70 for every “insurance liability” quote ● $250.02 for every “independent insurance brokers” insurance quote ● $275.90 for every “quote for business insurance” quote ● $409.80 for every “best insurance rates” quote When you look at these numbers, PPC doesn’t make as much sense. In fact, it could be draining your marketing budget without helping your bottom line.
  • 9. The Argument for SEO Using white hat search engine optimisation (SEO) techniques to rank high on search engines organically, drive traffic to your site, and generate leads is going to bring you a better ROI than PPC. This is because your leads are more likely to click on your organic results over your paid results – 8.5 times more likely. The Search Engine Marketing Professionals Organisation estimates that of all search engine dollars spent, 87% goes towards PPC. Only 11% is spent on SEO.
  • 10. With an informative blog with regular posts, you can build up a reputation as being a source of expert tips, info, and news, helping potential customers find answers to all their insurance-related questions and making a visit to your site a worthwhile experience.
  • 11. This type of brand recognition can not only generate leads, but it can also help to sustain your brokerage's marketing over the long-term. While you will have to put the work in upfront and always continue to maintain your website for search engines, SEO is an effective long-term approach for digital marketing success. Your PPC campaigns only last while you pay for them, and then they are gone for good. They do nothing for building your brokerage’s reputation.
  • 12. Why Use PPC? Why do marketers invest so many dollars into PPC in the first place if SEO is so much more valuable? Because PPC delivers faster results. It will take time to improve your page ranking and get your brokerage’s site on the coveted page one of Google. It will also take a lot of work to maintain your high page ranking. With Google Adwords, your website can be on the first page right away, putting your business in front of prospective leads.
  • 13. PPC can be great for giving your brokerage a quick business boost and is very useful for a business just starting out or if you need to generate Leads while you are building your SEO. Just keep in mind that using PPC as part of your insurance marketing strategy can be expensive. Make sure your website is optimised and well-set up to help generate leads so when searchers do click on your site, they will be more likely to request a quote.
  • 14. Is SEO Alone Enough? You may wonder if just using SEO will be enough to attract high-quality leads. Nectafy did an experiment on much a pure inbound marketing strategy can have. From November 2013, to almost three years later, their traffic grew 3,590%. They went from having 440 organic visits each month to 16,600!
  • 15. However, this example is a strong argument for an SEO only approach – especially when you consider that once that organic momentum has built up, your return on investment for every piece of content you publish goes up dramatically.
  • 16. When your content that was published three years ago is putting your website on the first page of search results, you may be getting dozens, if not hundreds of free clicks every day. Compare this to the $45.07 you have to pay for every PPC click for 'insurance business liability’. While you are working on your SEO and establishing your brokerage as an industry authority, PPC is certainly an option to help encourage insurance sales leads. Once you notice how much your pay-per-click advertising costs, you may decide to replace all your PPC with organic search.
  • 17. Here is a simple game plan for transitioning: ● Optimise your PPC keywords, only using the ones that are bringing in new leads and eliminating those that aren’t working. ● Use the same keywords for both your PPC and content marketing efforts. ● Make a solid effort with your SEO, publishing a long-form article for each keyword. ● As soon as your content ranks, you can stop paying for PPC. You will have started to bring in organic traffic through your SEO.
  • 18. Driving organic traffic to your site through SEO isn’t easy. It won’t happen fast, and you won’t notice results in a few days, or even in a few weeks. However, organic search is the only sustainable digital marketing approach for insurance websites. With your value-driven content, along with social media marketing and other inbound marketing techniques, you’ll have established a strong presence on the web and will be able to enjoy high quality leads for years to come, thanks to the article you publish today.
  • 19. Ready to take your organic marketing to the next level and help your brokerage generate quality leads? Download our free guide, “Insurance Brokers Guide to Website Enhancement and Serious Lead Generation.”