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6 Comments on Direct Mail Marketing
Melody,
You know I have tried finding the right combination for years. Every once in a while I am shocked when someone actually responds. Measuring those results I would suspect would be very hard. Unless of course you were giving away a free car, then I suspect that you may have a lot of takers for that.
With the advent of the internet making most information readily availlable to those with a computer and some free time, response advertising is almost dead.
Perhaps we should have a brainstorm about this subject to see what we can come up with.
I have had good success with my expired listing letter. I send out the cover letter with a designed "Get It Sold" flyer, my personal marketing brochure and my business card. I started out this year with 15 listings and my goal is to maintain 40 listings by December. Well, I already have 33 listings so I'm well on my way to reaching my goal.
I had a personal marketing brochure designed by Hobbs/Herder. It cost a lot of money to have it produced but it has been a good marketing piece for me, so I include it with my just listed/just sold letters, expired listing letters and my general farm. I'll be glad to email you a copy.
One thing... I doubt you'll find anything marketable that will generate over a 5% return on anything. That's just a fact.
Agents should provide data the consumer can use, not recipes and reminders to change clocks. The most important thing in direct mail is stamina. Mailing to a target group for one month isn't going to get you anything. Mailing them quality information for 12 months WILL produce results.