Thoughts on a Lead Piece With 2 Offers Instead of 1

4 replies
Hi,

I sell burial insurance, and am thinking of selling more Medicare Supplemental insurance.

Typically, I lead with one product offering but wonder if having a combo lead -- as opposed to dropping 2 separate pieces -- would yield better conversion/ROI, considering I will be targeting a group that has concerns, both over getting proper burial insurance AND saving money on overpriced, increasing-premium Medicare Supplements.

What have y'alls' experience been writing a piece, leading with multiple offers instead of one?

My piece would be a business reply mailer; basically, your typical lead piece. Copy space is restricted, as most of the selling and consultation will come from speaking with me versus selling in the actual mailer.

Thanks,
Dave
#lead #offers #piece #thoughts
  • Profile picture of the author RickDuris
    "Man who chases two rabbits doesn't catch any." - Rick Duris
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  • Profile picture of the author Robert_Rand
    Dave,

    It's tough to say - it's all very dependent on your specific market and offer. And chances are, you know your market better than anyone who's going to offer his/her opinion/theory here.

    Trust yourself; follow your intuition. If you created this post, then there's a reason for it. The bottom line is that you'll never really know until you test it. Worse case scenario is you lose a couple of bucks but gather valuable data. You learn something and you know where you stand. Best case scenario is it's a game changer.

    My advice for you is to make sure you put a premium on making sure the two options are spelled out clearly. Here is OPTION A, here is OPTION B.

    Cheers,
    Robert
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    • Profile picture of the author videolover7
      Rick is correct Dave. Trying to sell two things in one piece is a no-no in direct response...

      Unless...

      ... you can frame the second thing as an upgrade. You've seen it I'm sure. Platinum, Gold, Silver levels.

      But it doesn't sound like your proposed offering lends itself to that tactic.

      VL
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  • Profile picture of the author Rearden
    Thanks guys for your thoughts.

    I generally agree a single offer is the best route; but my list is so general (65-80 year olds in half rural/half suburban areas, no income filter) I want to squeeze out as much money from each campaign -- especially since this is a lead piece (maybe 2.5"x8" of copy space) versus a sales letter.

    My plan is to pose two questions within the headline that would target those most interested in my offers.

    Next I would describe the main benefits of each program in two succinct bullet points.

    Then I would close the lead with either (a) sending the BRM off to request more information (and have them circle which offer they're sending off for) and/or (b) call my 24-hour recorded message hotline, where they can listen to my greeting, and press the appropriate extension to find out more detail about each (will treat the pre-recorded hotline much like a sales letter would look if I sent it to them).

    It's just tough to nail down a super-tight list to target one offer to -- income filters are crappy. However, 40% of seniors have medicare supplements, and a good deal don't necessarily have enough burial insurance, either. I figure with such a short lead piece, I can get more response in both products without the additional expense of a secondary mailer.

    PS: I did talk with someone who thought about using a val-pak idea, where one could target a specific group (like Seniors) and package different insurance offers within it (dental, medicare supplement, life insurance, grandkid insurance, etc). That seemed like a cool idea.


    -Dave
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    David Duford -- Providing On-Going, Personalized Mentorship And Training From A Real Final Expense Producer To Agents New To The Final Expense Life Insurance Business.
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