Riding The Wave Aamga Automation Presentation

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Educational presentation for the AAMGA Automation conference in Orlando, FL. AAMGA is an association serving the needs of MGAs, managing general agencies, serving the needs of insurance agents.

Transcript of Riding The Wave Aamga Automation Presentation

Riding the Wave of Web 2.0 – Prepare to be Overwhelmed

Presented by Sandy Masters, CPCU

Photo Bing Images

Agenda & Disclaimer What is Web 2.0 and Social Media? Why should you ride the wave? Current statistics What are the key considerations you need

to make before jumping in? What are the social media and Web 2.0

options and opportunities? Content Sharing / Content Producing / Relationship

Building What are other leading practitioners doing online

now? Resources for further study This presentation is on Slideshare.net

I know just enough about technology to be dangerous!

What is Web 2.0 and Social Media?

Web 2.0 Social Media

Apps that facilitate info sharing, interoperability, user-centered design and collaboration on the world wide web.

Cumulative changes in the way developers and end users use the web.

Media designed to be disseminated through social interaction.

Using web-based technology to transform media monologues (one to many) to social media dialogues (many to many)

Transforming people from content consumers to content producers.

Click here for Slideshare on “Community The Real Power of Social Media”

From Wikipedia

Social Media and Web 2.0 OverwhelmWHY RIDE THE WAVE?

State of the InternetSocial Media Revolution

Why ride the wave? – Because 4 steps in the traditional sales process are going social

From Social Media Academy

How to go Social without becoming overwhelmed? From Social Media Academy

1. Take your top 50 business contacts and look them up in the relevant places and spaces.

2. Create an account on networks and sites where you find your customers, prospects, partners and influencers.

3. “Visit” them every other day, read the last posts, comment, care about them.

4. LISTEN to what’s on top of their mind – think beyond your project sale.

5. Be approachable, let your connections know how to connect with you.

6. Share your thoughts, interests – get social.7. Take one of the reporting tools and begin to measure sentiments

around your brand/product.8. Tell your colleagues what you learn from your customers and

prospects – encourage them to also listen and learn.9. Help your customers and prospects with helpful links, introduce

them to existing customers and experts of your products and services.

10.Stay focused on the people who are RELEVANT to you – otherwise you get distracted and spend 24 hours per day browsing around.

11.DO NOT waste your time with growing your followers, video editing, chatting with everybody who invites you . . . Follow your own business objectives.

Dunbar's number A theoretical cognitive limit to the number of

people with whom one can maintain stable social relationships. These are relationships in which an individual knows who each person is, and how each person relates to every other person. (from Wikipedia)

150

Collaboration Transparency

Open Source

Connection

From Wikipedia: File:Web 2.0 Map.svg

Sharing

Communication

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Statistics

comScore – Measuring the digital world

Search tools

Ted Video: Pay particular attention to the focus group participants

Marc Prensky is acknowledged to have coined the term digital native in his work Digital Natives, Digital Immigrants published in 2001.

Free video courses from Harvard, Yale, MIT, Princeton, Berkeley, Stanford, and UCLA.

Decisions – You can start by asking these questions:

1. Will your company participate? 2. Which employees have an appropriate business use

for social media? 3. Can only certain employees use these tools during

business hours? 4. To what extent will you monitor employee use, and

how? 5. How would you prefer an employee mention the

agency and their agency affiliation on their personal sites?

6. You will need a clear company philosophy defining the agency attitudes toward social networking.

7. You should also make it clear whether employees are allowed to identify themselves as representatives of the company on their personal social networks.

From IIABA ACT Social Web Policy for Agencies

Social Networking –Relationship Building

Social News –ContentSharing

User-Generated Content (UGC)ProducingBlog

s

Social Media Landscape – The Tools

© 2009 Omniture Inc.

rss

The Ultimate Convergent Tool

EVEN AAMGA HAS A TWITTER ACCOUNT!

Twitter spawns more applications:Twirl & Tweetdeck

TwollowTweetchat

Power Twitter & TweetieTweetlater

TwitPicTwitterBerry & Tiny Twitter

Twitterfon & TwitterficYour Twitter Karma

My TweepleTwitterFeed

TwitterpacksQwitter

TweetstalkTwitterati

There is even a website that explains and gives ratings to all these twitter apps:www.twittereye.com

Blogs Why should you care?

Blogs are now a standard source of news and info 77 Million+ Americans visit blogs 346 Million blog readers worldwide

You now have a voice! Find your voice!

How to blog? Who to follow? How to organize?

Really SimpleSyndication

Article:19 Blogs You

ShouldBookmarkRight Now

Insurance Blogs Directory

ALLTOP Magazine Rack for Insurance

What are other leading practitioners doing online now?

Liberty Mutual – The Responsibility Project 1st Guard Corp. – Trucker1 iPhone App Northwestern Mutual – Dress to Impress Insurance Noodle & Superior Access – Your

competition? Claims reporting iPhone apps

Personal Self-Directed Learning & Personal Knowledge Management (click here for video explanation)

In the knowledge economy learning is work and your work is learning. Knowledge is only useful if you can use it to think in new ways, solve problems, and make decisions.

“An organization’s ability to learn and translate that learning into action is the ultimate competitive business advantage”–Jack Welch

“Knowledge has become the key economic resource and the dominant–and perhaps even the only–source of competitive advantage.”–Peter Drucker

What’s Next SMART Phones/Apps & Mobile Devices

Now what? LUNCH!

Action Planning / Table Topic• One thing I can do….• One thing my team can do….• One thing my organization can do….• One other thought….