How do we reinvent the wheel of fortune?

Just today, my good friend Ed Rybczynski of Title-opoly posted an interesting article about the essential place that technology takes in today's market place. He writes that we must be 'wired' in order to take advantage of the many opportunities offered in the high tech world of 2008, particularly in the real estate industry, and more specifically in the title industry!

What got me thinking after reading and digesting Ed's post, was how in our little title company, 'old fashioned title service' is what seems to win the day...well over 90% of our business still comes from referrals from former customers!

This seems to set up a dichotomy...a tension between staying at the 'cutting edge' of the latest technologies so as to provide our network of customers the best services that our industry and technology have to offer, while at the same time making sure we haven't sacrificed that 'hands on service' for the sake of monetary reward or economic expediency.

 Is this a 'caveman' vs 'gecko' dilemma???

Certainly not...even Geico appreciates the need for diversification in advertising...and like them or not, they have been very successful at creating a presence on TV...and not merely a presence, but an entertaining one, to say the least!

So the question is not Treo vs Blackberry...or Mac vs PC...or even Yahoo vs Google!

And the answer is still the same that it has been since the 'stone age'...don't reinvent the wheel...but don't neglect to use the wheel!

And so in summary...it may be easier to 'lure' customers in using the latest sophisticated technologies...but in order to 'keep' those customers, you need good ideas and good services! Some may be satisfied with once and done, quick and easy, instant gratification type transaction philosophies, but as for me and my company, we will continue to apply the more 'long term' human and humane approach...good old fashioned hands on service!!!

                                                            

 

 

 

13 Comments on How To Reinvent The Wheel.....Of Fortune!

JAN
31
2008
110,068 Points

Well put. While the toys and gadgets can reel folks in unless you can help them you just have the sizzle and not the steak. I like steak.

Our business is not about the address but what we do at the address. When we help people we help ourselves, our family, and our employers.

Don't get me wrong. Anyone that knows me knows I love toys and gadgets but I love helping people first.

Happy Selling!

Tony Grego - Indiana Mortgage Broker 

11:04am • #1
425,176 Points 36 Featured Posts Outside Blog

Tony,

Well said...and in so few words! That's what it's all about!!! Thanks,   Fran

11:10am • #2
839,175 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

I'm not one for gadgets or widgets, etc.  I'm too simple minded. 

I just want what works, the bestest and the fastest. 

Then when the consumer finds me, they get the best service possible. 

11:53am • #3
425,176 Points 36 Featured Posts Outside Blog

Lenn,

Don't tell anyone...but that's what my post is trying to get at...life should revolve around people and relationships...not around gadgets or gizmos! Thanks,   Fran

12:20pm • #4
577,859 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router
You're right, Fran. We lure them in with good technology but we keep them with service.
6:22pm • #5
425,176 Points 36 Featured Posts Outside Blog

Missy,

I just had to bring that lizard into my posts!!! :) Thanks,   Fran

8:25pm • #6
172,945 Points 17 Featured Posts Localism Sponsor Outside Blog
Good point, Fran.  All the bells and whistles in the world won't overcome bad customer service.
11:53pm • #7
FEB
01
2008
425,176 Points 36 Featured Posts Outside Blog

Fran,

The customer is key...and they want the best of both worlds...just like we do!!! Thanks,   Fran

6:24am • #8
696,576 Points 72 Featured Posts Localism Sponsor Outside Blog
Fran, I'm convinced that no matter how much you embrace technology to make your shop run smoothly, you have to be old fashioned when it comes to the interaction with clients.  Something tells me you've figured this out.
8:15am • #9
223,619 Points 1 Featured Post
Fran - absolutely! without outstanding service you will not have repeat business or referrals!
8:42am • #10
425,176 Points 36 Featured Posts Outside Blog

Patricia: I think you have also!!!

Barbara-Jo & Bill: We're all in it for the 'long haul'!!!

Thanks,   Fran 

8:52am • #11
FEB
04
2008
870,192 Points 68 Featured Posts Outside Blog

Well said, if we can't deliver on our online presentation it won't matter how much we advertise, we won't last! Look back at the 90's millionaires were made with the .com industries making people millions, but it just could last as they couldn't give the service of the local retailer.

1:18am • #12
425,176 Points 36 Featured Posts Outside Blog

Todd,

Right, we call them a flash in the pan!!! Thanks,   Fran

6:07am • #13

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Fran 'The Title Man' Gaspari Title Insurance-PA & NJ

Limerick, PA

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Patriot Land Transfer, Inc.

Address: 408 W. Linfield-Trappe Road, Limerick, PA , 19468

Office Phone: (610) 495-9855

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