Of the fastest-growing agencies, 52% are growing because they hired marketers on staff, compared to 10% of them where the principals are doing the marketing themselves.
Our recent studies of the fastest-growing agencies across the country found that 52% of these agencies are growing because they have hired marketers on staff, compared to 10% of them where the principals are doing the marketing themselves. (The other 38% are hiring producers.) These high-growth agencies are averaging 27.6% policies in force growth year over year. The fastest way to achieve this kind of growth is to hire a marketer on staff.
In this Customers for Life podcast, we’re covering the specific benefits of hiring a marketer and how that can reduce workload and encourage growth throughout the agency. Check out my conversation with Laura Jensen, a marketer from the C. Don Filer agency in Seattle, Washington.
Thanks for sharing the stats! We’ve put all our eggs in the “hire great producers” basket. Although we’ve had a lot of success with this model, I know there’s an opportunity to do better. I’ve found that some producers don’t LOVE the marketing/networking/prospecting part. Hiring a marketer would allow these type of people to do more of what that love to do (quote/sell).