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Showing posts with label communications. Show all posts
Showing posts with label communications. Show all posts

Thursday, March 25, 2010

Does GEICO need a newsletter?

I’m a GEICO customer. Not because of geckos or cavemen, but because I had been referred by several other customers on the basis of what they described as exceptional service. Luckily, I haven’t ever had to experience much of it, other than bill payments and renewals.

As a customer, they send me a regular enewsletter, entitled “GEICO Connection”.

Trapped on the tarmac in between flights this week, I read it for the first time in my relationship with the company.

The content made me question whether the organization I was doing business with was as customer-centric as I had heard:

A quiz on recall of the television ads. I’ll dismiss the value of the quiz out of hand.

A new site for educating teen drivers on safety, complete with blog, YouTube channel and Facebook fan page. I can appreciate that educating teen drivers is a major factor in keeping them out of accidents, keeping GEICO expenses and my premiums as low as possible. But is this the way to promote the customer behavior they desire? How about a discount for successful completion of an online test (putting that quiz technology wasted on the gecko to good use) or a service premium for those that don’t complete it? Rather than trying to make automobile safety a hip topic for teens (I can just imagine the social pariah one becomes once their Facebook updates that they’ve just become a fan of GEICO Safe Teen Driving) appeal to the real decision maker – the parent footing the bill for insurance.

A chat with some of GEICO’s most loyal customers – 43 year policyholders that have been with GEICO so long they lack perspective on auto insurance alternatives and what makes GEICO the best alternative for them or anyone else.

A sales plug for the American Express Auto Purchase Program, a 3rd party vendor for which GEICO surely gets some referral revenue.

I’m not saying a service provider shouldn’t work to develop a dialogue, or even a relationship with me.

But spending valuable touches on activity that doesn’t create financial incentive, social / relationship, or service customization bonds with me is a waste of resources that could be better used in other retention development platforms.

If GEICO just wants to remind me that it is still around, the gecko and the caveman fill in what reminders my monthly bill leave wanting.