Overview
In the Fall of 2018, Insurance Client X was launched with the goal of providing workers’ compensation exclusively to small businesses. The challenge was introducing a brand-new company and its services to the radio airwaves without credibility or brand awareness.
Strategic Target
M25-54/A25-54 with HHI $100K-$200k. Small business owners
Media Deployed
Local Spot Radio in 14 markets, which was followed by SXM Satellite Radio
Strategic Planning/Buying Approach
Developed a 4 week/$100k total media schedule on targeted News, Talk, and Sports stations via direct response radio
Stations were chosen based on ratings and research that showed over-indexed listenership among small business owners
Wrote, edited, and produced 2 creatives that were run in a 50/50 rotation
SXM Satellite Radio was introduced in Q3 as the client added more approved states to do business in
Results
The client saw an immediate 50% lift on direct web traffic in the 1st month
Control creative was established after the initial test as it saw a 20% better response
Additional testing over the 1st 3 months resulted in budgets doubling for Q2 in local radio
SXM produced a 25% lift nationally in the 1st month and had larger avg premiums sold as compared to local radio