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Evolution of marketing- (the quick and dirty version)

By
Real Estate Agent with Associated Brokers Of Pagosa

Many times when I mention blogging or social networking to the general public I get an eye roll. "What do you mean social networking, is that like MySpace?" Well partially I explain....and you know the rest of the story. It seems that unless you are on board with the march of the 2.0 , you really don't get it. Sometimes to explain in the super-macro overview style I will give a little discourse that goes something like this-

Once upon a time word of mouth was THE avenue for marketing your goods or services. Six Gun Sam would ride into town and ask where he could board his horses and he got his answers via ...a referral networkof sorts. Everything was done word of mouth and by pure reputation a business succeeded or failed. It was personal. There is NO DOUBT that this is still the best form of advertising for any business.

NEWSPAPER

Then there was the print media that offered an opportunity to pay to have you face and marketing information thrust out to the publics eye. An eye that was, and still is to some degree information hungry.

RADIO

Next we have radio. Now we are able to put a voice with this business. Let's play on emotion and rational. This is a major breakthrough based on the fact that we can broadcast a subliminal message of  sorts while consumers are shopping or driving.

 TELEVISION

Now were cooking with gas! Advertisers are free to appeal to you through site, color, action, humor, drama, sound... you name it.

INTERNET

Fast forward to the real breakthrough in technology. The Internet. I'm not going to begin to explain all of the obvious advantages that we have through an on-line presence. Only to say as we have developed our style and ease of website deployment to a wonderful level in business and pleasure.

There is one major problem with all of this "advancement".

We have slowly eased away from the #1 element of successful business operations from time past.

 Personal Familiarity

I reference the original form of advertisement, the referral. This has always worked because there is an understood element of trust involved. In the name of convenience we have fudged from that. Let's cut right to the chase.

 Are not most websites out there no more than pictures, words, phrases, video and audio that has been strategically arranged to portray the best possible scenario for a business front?

Does it or does it not become a little stale and over-rehearsed to the point of losing much of the genuineness?

For example. We are in the real estate business. We are a people business, and if you are not a people person than you will soon find yourself doing something else to keep the lights on. We are employed to help individuals through usually the biggest financial decisions of there lives. We also live in a world where over 80% of these consumers will shop on-line way before they pick up the phone to call and get to know you...get to trust you.

In this world of technology where people still want a real connection to their agents, the web 2.0 model is the bridge that they are and will use. It enables us to provide true authenticity, a genuine level of professionalism (if we are true professionals), quick response time, and an endless supply of ways to deliver this information.

 It enables ample information to be shared and trust to be built in a no pressure atmosphere.Think very hard about this statement because I am convinced it IS the answer to a business model that is taking over and will dominate our world in a very short amount of time.

 

 

-----If this is a subject that interests you, I started a new group, feel free to join.- WEB 2.0

 

Comments (7)

Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Chris, I love your insight. Making that connection of trusted advisor seems to be the chasm that the buyer or seller has to make. You have to get them to know you, then they need to assist you with understanding their needs. Then CONTACT (email or phone). If you can't get to contact, the relationship has no chance of developing. I'll be interested in your discussion along the way about how Web 2.0 will help. I agree with Sean that you have to get away eventually from online and get offline and meet someone face-to-face (unless you can do it all remote long distance). Very tough, although it has been done. Buying houses sight unseen is not recommended.
Oct 25, 2007 04:35 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info
OK I'm in. 
Oct 25, 2007 09:20 PM
Chris Liverett
Associated Brokers Of Pagosa - Pagosa Springs, CO
Pagosa Springs Real Estate
Thanks for joining gentelemen.
Oct 26, 2007 02:43 AM
Chip Holmes
Eagle Home Appraisal - Las Vegas, NV
Henderson NV Real Estate Appraiser
I just got on the web 2.0 thing a month ago through some niche marketing I had always done on the side. We are just now realizing the possibilites it can have on our appraisal business. The more I learn the more I do not know. It is overwhelming!!!
Oct 27, 2007 08:03 AM
Stephen Joos & Chris Brubaker- HouseFront
HouseFront - Denver, CO

So, I know this is kind of a late comment, but my company HouseFront just released a new kind of advertising system (we call it HouseAds).  I thought it would be relevant because it basically takes Internet advertising to the next level allowing you to target down all the way from a national campaign to state, city, county, zip or even a specific address. 

There is currently no other ad system that allows you to target your areas so tightly.  We're really proud of it...so I had to throw it in your post about the evolution of marketing.  Plus it allows real estate professionals to advertise through text messages to HouseFront users (allowing you to reach buyers and sellers on the go).  

Great post.

Nov 12, 2007 09:12 AM
Richard C. Decker,P.A.-Realtor Broward County FL
RE/MAX Partners - Fort Lauderdale, FL

I have been reading this site very carefully and joined this group for the fact that it is forward thinking.

Word of mouth beats everything - true.

However - if you can show by your use of technology and creativity WHY you are pricing a house -- or better yet - WHY YOU are recommending a house to a buyer then your trust factor should go up in the Buyers mind. If you can show the seller WHY by use of technology he should be listed at your suggested starting price, or the less than stellar  Price Adjustment conversation - then again your expertise with the NEW wave of marketing would only be stronger.

Delivery of current information reinforcing your reasoning , rather than the Trust me, I know what I am doing approach, to help the consumer of your service ( seller or buyer ) be more aware of why he is making a decision I believe will bring more credidation to our efforts of pushing Web 2.0

Nov 22, 2007 03:03 AM
Israel Rothman - upLog.org
SocialMediaSystems.com - Boerne, TX

Better yet, Richard, You become the source of user-generated, user-filtered, real, original, dynamic content, which makes your website Golden (see http://rismedia.com/forums/topic/is-your-website-new-dying-dead-or-golden-dynamic?replies=1) and makes you rank for every combination of thousands of key words, all leading to you!  This generates traffic and rankings, while establishing the right kind of relationaship.

Yes, Chris, I get the eye rolls too, alot!  How would you like to be our local news author for Pagosa Springs

Nov 22, 2007 05:17 AM