The bottled water industry has always amazed me. I mean truly amazed me. I am able to watch this over $35 billion (Beverage Marketing Corporation) industry as though it were a sporting event. Most recently I have realized that it continues to evolve and the latest evolution is most definitely in the packaging.

Bottled water is using the same approach as the wine industry. It's use of various packaging and its method of story-telling is just now breaking the surface. Case in point: FineWaters.com
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Bottled Water



"GOTA- The Guaraní Aquifer, located beneath Argentina, Brazil, Paraguay and Uruguay and is one of the world's largest aquifer systems. Named after the Guaraní tribe, it is estimated to contain about 37,000 km³ of water, arguably the largest single body of groundwater in the world, with a total recharge rate of about 166 km³/year from precipitation.

Bottled at its source and extracted from an 250 ft (80 m) deep well under the highest safety and quality standards, no additives or processes are inflicted to this water."


Doesn't this sound like a description of a great bottle of wine? If you are still not convinced, be sure to take a look at this ad for Gota Water. Categories like Balance and Hardness prove that this industry is after the most elite water snobs.

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GOTA Bottled Water

Water is just one way in which an industry has completely found a Blue Ocean Strategy. 15 years ago no one ever considered purchasing water in an individual bottle let alone buying a $9 bottle of water that was imported from a far away Antarctica glacier (could this be the reason our glaciers are melting? :-) )



Are there ways in which real estate may be able to find these Blue Ocean strategies within our own industry? The answer is we already are! Real estate websites like Trulia are finding ways to enhance the search process and are attracting a different demographic then what the usual MLS systems can do. Companies like Xpressdocs are creating easier ways to use direct mail and email marketing with greater capabilities and are designing them with the real estate professional in mind. Companies like Redfin are redefining the transaction process for the real estate world.



The truth is, your real estate package is much more difficult to change then simply changing the shape of a bottle. Your unique real estate business involves great thought, turnkey solutions, and a style that no one else can duplicate.

 
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5 Comments on Bottled Water Versus The Real Estate Agent

AUG
29
2008

F.Y.I.

In the more high style trendy cities in the world, restaurants now carry a bottle water menu that is just as expensive as some of the finest wine.  

2:09pm • #1
209,200 Points 1 Featured Post Outside Blog

And, to think it all comes from the same place, it's just packaged and processed differently.

2:42pm • #2
Localism Sponsor

Packaging is very important... at least to the water industry.

3:59pm • #3

Gotta love bottled water! I drink it on a daily basis...Dont ask me why...it is just convienent and cold, I guess!

4:04pm • #4
SEP
04
2008

Brett Shaw from Cyberhomes:

Having worked in a restaurant, I was happy to see this trend.  As a business, we were inundated with "local" water companies that wanted to get their name out.  They showed up with fancy glass bottles and an impressive sales pitch.  The water was good, but so is tap.  All that the staff saw was "We get to sell a water snob a $4.63 bottle of water to boost our sales."  Of course, they always said that the water was so much better than anything they've tasted for a long time.  If I had just paid that much for a water, I would try to say that to convince myself it was a worthwhile purchase also.

These real estate sites, like Cyberhomes.com, has been able to enrich the home search experience.  First of all, anyone can view it.  It is not so with many MLSs.  These added features such as local market trends, crime reports, school information, etc. are just like the "minerals added to the water."  It does present something unique and inviting and has the same demand that you see in the bottled water industry.

Just FYI, the bottled water battle has been going on for some time.  Result, PepsiCo beat Coka-Cola to the market and is going to take over the soft-drink industry.......I hate Pepsi, but have to admire their R&D.

4:15pm • #5

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Matthew Gosselin

Orlando, FL

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Author of My Blue Goose, Business Dev. Exec. of Xpressdocs

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