Stop Wasting your Ad Money..
The Secret Factor to make ads work for you!
It’s interesting to see how many expensive full-page real
estate ads featuring homes and agents there are in any newspaper that fully miss
the golden opportunity really make the medium work to prospect for future
business. Few ads are designed to engage the reader by offering additional
information or services to maximize the marketing medium. By inserting a simple
line of copy that offers an option for information, the effectiveness of the
same ad would yield stronger response and leverage the effectiveness of the
advertising dollars.
Major franchises spend thousands of dollars on full color
pages featuring the photos of agents, their successes, and feature some
self-promoting banners of volume. Occasionally the ad is sprinkled with a few
select housing opportunities. The cost of these huge print media extravaganzas
has continued to be expensive and remain difficult to track direct business.
This traditional format probably will not end anytime soon; however, the
effectiveness and profitability factors would SOAR if there was a way to capture
the interest of a prospect, even if they weren’t presently interested in buying
or selling.
The main reason prospects use the ad is to get information
about properties for sale. After this first initial step, the next goal is to
offer a way to engage, attract and interact with that prospect. This is done by
offering a myriad of valuable ideas, guidelines and strategies that support the
home buying and home selling process. You can design a much more effective ad
by considering the following strategies:
Here are a few secrets on how to
get more for you ad dollar:
- Offer a line of copy that initiates a COMPELLING
REASON to go to your website or to make the prospect call or contact you.
Today’s Internet Empowered Consumer is SEEKING information on THEIR OWN
TERMS, and when they want it, to get truly valuable information specifically
related to what they actually need at the moment
- Offer the information in a safe environment. Use words
like RISK FREE, No Obligation, No Hassle Reports available
- Make the information EASY to get. Offer the information
through electronic channels, like an Auto-Responder on the web or by
traditional means using a fax, and as a final option, hard copies
- Offer reports on issues that deal with all phases of
property ownership. Reports can include subjects like, “The 5 top ways to
improve your property”, or “The 6 Steps to increasing value through home
improvements”. These reports should appeal to a spectrum of viewers, even if
at that moment they were not in the immediate market to buy or sell, thus
offering an opportunity to BUILD the value in the relationship prior to the
actual need for professional real estate services.
- Follow up immediately on any responses to offer
additional services and information when applicable
- Use electronic “drip-systems” to supply the information
they request, like updates on properties for sale, specific areas of
investment, etc. Combine the electronic service delivery with regular personal
phone calls to keep the prospect informed and serviced until they are ready to
buy or sell.
By incorporating this special offering of unique
information that virtually anyone would find interesting in your display
advertising, you expand the capture power of a printed ad, classified or other
direct marketing piece. Companies will continue to utilize traditional
marketing, formats of both classified and display advertising to “please” our
customers and clients. By integrating the Web delivery system you help span the
service gap between those individuals more comfortable using the Web and those
that still default to a newspaper or magazine. The KEY is to offer extend your
marketing power beyond a Sunday newspaper display ad with service options that
present the prospect or viewer with more choices that suit their need for
whatever level they are in regarding the decision making process.
If your goal is to advertise, be sure that you maximize
your investment and provide options multiple all levels of interest to initiate
and serve customers early in the prospecting process.
Terri Murphy is one of the industry’s leading
consultants on the integration of traditional marketing and communication with
today’s Web and Internet tools. Her latest book “E-Listing & E-Selling Secrets”
published by Dearborn offers insight on how agents and their
companies can develop and practice standards of excellence in the sales and
communication fields with new levels of consumer services. She has 24+ year
career in the real estate industry and holds the GRI, CRS, LTG & CREC
designations. She is the CIO for U.S. Learning, Inc. and a frequent spokesperson
for sales industries nationwide. For more information, contact her at:
Terri@TerriMurphy.com or 901-767-0000.