As a broker, your workday is filled with meeting customers, assisting their employees, and attacking paperwork. All those tasks leave little time for drumming up new business— a critical factor for your long-term success.
The best way to acquire new business is meeting prospective new customers face-to-face. Why? People tend to place a higher level of trust in others after meeting them in person; it's a more personal form of communication.
Networking is key to getting yourself in front of prospective new customers. So, let’s look at the best places to network after work hours in order to encounter likely new customers.
For small to mid-sized businesses, nothing beats after-hour business networking groups. They offer a casual way to interact with business members, learn from each other, generate referrals for each other’s businesses, and socialize with peers.
Typically, these groups include members from a cross-section of businesses (as opposed to several from the same type of business). You can:
Target local companies in your area and seek out industry events that their managers might attend. This could include trade shows, conferences, CE course classes, and other industry-specific events. Try to take advantage of any opportunities these events might offer, such as a sponsorship, running a booth, or preparing a presentation on insurance-related topics.
People tend to gravitate toward businesses that give back to their local communities. This means that participating in local charities can be a major factor in your business’ growth.
Research which charities your targeted company works with and volunteer some of your personal time to help them look good to their customer base. You may find yourself a receptive audience in that company for your health plan packages.
Networking is key to expanding your business connections in your area. As a hybrid business and social activity, it may not only help grow your business, it may also expand your circle of friends. The best advice? Get out there, and have fun doing it.