the “magic cube” effect of insurance marketing strategy: from attracting customers with low prices to “accumulating customer pools”
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behind this lies huge market potential and risks. practitioners pointed out that low prices or free insurance in the first period can often effectively attract target customers, just like the advertising strategy of the "magic cube business", quickly form a conversion rate, and guide them to the "customer pool", and finally complete the product upgrade through a series of contact and guidance strategies. however, this strategy has also attracted the attention of regulators.
in recent years, the insurance industry has been undergoing tremendous changes. regulatory authorities have put forward stricter requirements on insurance marketing behaviors. many insurance products in the form of "0 yuan for the first month" have been suspended, which has also made it difficult for some market participants to adapt to the new environment and re-examine their marketing strategies. they have begun to realize that relying solely on low prices or free insurance to attract customers may not be sustainable in the long run and may also bring legal risks.
"hook and lead" strategy: accurate reach and upgrade
insurance companies can accurately locate target customers by offering low prices or free insurance in the first month, and quickly build a "customer pool" to reserve conditions for them to buy main products. this strategy is like a "lead" or "hook" that can quickly attract target people and guide them to deeper marketing links.
from low-price attraction to upgrade: the dual challenge of insurance marketing
this marketing strategy has achieved great success in the short term, but in the long run, the challenges it brings are becoming increasingly obvious. the strict control of regulatory authorities and changes in the market environment have forced some insurance companies to re-examine their marketing strategies and look for new breakthroughs.
challenges and opportunities: finding more effective marketing models
as the insurance industry develops and changes, the first month's low-price or free insurance as a marketing tool is at a turning point. the opportunities and challenges it brings require us to continuously explore new marketing models and seek more effective and sustainable growth methods driven by factors such as changes in the regulatory environment and intensified market competition.