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3rd Annual All State Meeting February 26-27, 2015 Plano, TX

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Presentation on theme: "3rd Annual All State Meeting February 26-27, 2015 Plano, TX"— Presentation transcript:

1 3rd Annual All State Meeting February 26-27, 2015 Plano, TX

2 Agenda State Participation Update
Non-participating state update and plan Network Performance Marketing Ideas 2014 Highlights E&O Update – will new content be needed soon?

3 Agenda Content and Production Reporting requirements
Communication and Role of Advisory Committee New Platform (ASP) demo

4 ABEN Network Participation:
36 signed Agreements 10 active producing states 85 courses available for sharing New states showing interest: AR, IN, (PA,MD,DE), ND

5 Performance E&O programs State produced & sold programs State produced & resold by other states ABEN productions (ABEN Masters) Large group sales State produced courses are not selling within the producing state, but are selling outside of their state. Why?

6 Marketing Ideas Large group (10+) viewing options:
Host a webcast event in your offices Agencies host event in their offices or public site – Lunch and Learn Any webcast can be handled this way – with proctor attendance documentation All on-demand no CE classes automatically added to catalogs? What are successful states doing??

7 Marketing Ideas Pieces provided here – template (FAIA sample – end user piece) and hand out (state association focused) Review your course selections against available courses – could you list additional courses? Are all approved ABEN programs listed on your master education calendar? State specific spreadsheets sent xml feeds can be established-several

8 Marketing Ideas Association Member Partner Program:
Set sponsorship level: Gold, Silver, Platinum Sponsor pays for class(es) regs for a period of time Members provided discount code – Assoc direct billed Sending sale details and scheduling one on one calls throughout this year; your unique circumstances can be addressed! Set revenue goals for each state Contest to promote sales – winner awarded 1 day BPN production services - $1350 value (state responsible for travel costs)

9 Marketing Ideas New platform will support API and single sign on process more efficiently (regs taken by you directly-reverse billing process) New catalog will allow for greater state flexibility – more to come……. We need your ideas!!

10 2014 Highlights Many states (approx 20) had an increase in sales BPN created ABEN Masters segment to pay at 35% (additional 5% royalty): Nancy Langton Jon Persky ACSR Supplemental Training Tom Doran –Reagan Consulting Cheryl Koch & Mary Eisenhart 1st qtr 2015 release: Roger Sitkins Chris Bunbury – environmental Strategist

11 E&O Update 2014 Revenues - $272,386 (60% increase)
Participants – 4,128 State Royalties - $111, (45% less 4% transaction fee) 34 states selling at least 1 format Self Study version is available – approved in all states except TX (no approval process or CE filing required)

12 Content & Production What content will you be producing? ABEN Masters – thoughts on additional speakers? Discussed at 2014 Meeting: Insurance Basics Pre-licensing classes Recruiting additional producers-review options Cross over of ACPEN and Aii content

13 Reporting Requirements
Currently revenue/royalty reports sent 17th of each month in advance of royalty payment – this will be pushed forward with new ASP! What details would you be looking for to allow you more time to market?

14 Communication and Role of Advisory Committee
Quarterly call with all states How can the expertise of the Advisory Committee drive ABEN further down the road??

15 New Platform Provider Staying in front of technology curve is CE21’s mission Tagging will allow states to group similar classes SEO strategies will be implemented Royalties will be paid within days vs 50-55! Demo to follow…………………………..will be recorded for future reference

16 Thank you for Attending Together……………We are ABEN!


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