A presidential election is a known disruptor to Medicare
marketing campaigns, which for the 2021 Annual Election Period (AEP) began on
Oct. 1, and insurers and their broker partners this election cycle face the
dual challenge of also marketing during a pandemic. Marketing experts advise
carefully timing the various components of your campaign between now and the
Dec. 7 end of the AEP to get the biggest bang for your buck.
"[W]e advise clients to have a fully integrated campaign
across all media channels from September to December 7 and optimize based on
key metrics — cost per lead and cost per enrollment," says Renee
Mezzanotte, executive vice president of client engagement with DMW Direct.
Sponsors that engaged in "preheat" marketing
activities in September may have a leg up. All of DMW's clients were engaging
with consumers in early September, which provides an opportunity to
"encourage enrollment quickly" after the Oct. 15 start date of open
enrollment.
As far as specific channels are concerned, DMW expects paid
social media to be "as strong as ever," she says. For Google
searches, DMW has a "careful keyword strategy" that weeds out
searches that are not relevant, like "Medicare for All," she
explains.
In the recent white paper co-compiled by marketing agency
Anderson, "A Guide to Navigating Medicare's AEP during the 2020 Election
Year," Deft Research says historical trends suggest that most Medicare
marketers are likely to maintain and/or increase spend and volume related to
direct mail and email this AEP, "with volumes peaking in mid-to-late
October."
Deft and Anderson point out that in the previous presidential
election cycle, 80% to 90% of those attending seminars after the election were
switching. But with such events likely to take place virtually because of the
COVID-19 pandemic, "marketers will instead be emphasizing more than one
pathway to get personal help," suggests Rich Hamer, chief strategy officer
with Deft, in an email to AIS Health.
As a result, Deft and Anderson advise plans to conduct more
early-phase AEP outreach and increase spend, consider reducing or suspending
marketing via TV and direct mail in the two weeks leading up to the election,
increase the "heat" right after Election Day, and plan marketing
"events" around the election period.
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