The Why & What-For:
With all the talk about web web web, I thought I'd talk about print print print :D
We publish a monthly newsletter. It's 6 pages of completely custom content. We send it to an ever increasing database which is current hovering at 4,000, 50% of whom are past/current clients, 15% of whom are tenants from our property management company, 20% are prospects who have connected with our company in one way or another and the final 15% are farm areas (this group we are adding significantly to each month).
We chose to do a fully custom newsletter because we found that the pre-filled newsletters just didn't fulfill our clients needs for information. Not information on 'general real estate' or 'recipes' or how to plant a garden, but information about local real estate, market stats, local industry, employment, neighborhood profiles, etc.
You see, a good portion of our clients are located in other parts of the country. They are buying/selling in our area either because of relocation or because they are investing in the area. They don't read our newspapers every day. They aren't able to attend the city council meetings. They don't get to hear the 'word on the street'. That's where we come in. We provide 2 distinct areas of information for our clients/prospects. The first being this blog. The second being our monthly snail mail newsletter.
We have found our newsletter to be extremely effective in marketing our business. It's not cheap, running $1 per issue to publish and mail. But it's oh so worth it when it comes to the clients. It's a way of engaging in a 'conversation' on a regular basis with our clients/prospects, yet allowing this to happen on their time, at their convenience. We do have an email marketing program that is also highly effective, but amazingly enough, the snail mail program is even more effective. Combined, they are a formidable force.
Our newsletter is sent out every month on the 16th. As I mentioned above, it's full of everything possible about our area. We work on content continuously.
All of this to say, snail mail newsletters are extremely effective. Don't be so caught up in web web web that you nix all print print print. And, if you are starting a newsletter, I strongly suggest getting pre-filled newsletters and utilizing them until you've created a habit for yourself. It is much better that you send the newsletter every single month than to try to spend days creating a custom newsletter that you soon tire of doing after the 2nd month. Consistency is key.
Be prepared for emails and phone calls, engaging you in conversation, asking you to list properties, asking you to help buy properties. The newsletter will be a reminder and a trigger to your clients/prospects.
Read Snail Mail Marketing #2 - The How
Read Snail Mail Marketing #3 - How To Pay For It.
Christina, I agree with you. I developed a business and made a great living, and I would say that my newsletters were a great deal of the reason for that. And interestingly, when I first started writing and mailing my newsletter, relatively no companies or agents who were my competition were doing it.
And one bit of a hint. I always sent a copy to the barber and beauty shops and the doctors offices. The newsletter would end up on the table in the waiting room where a whole lot of bored people would look it over.
Bill Cherry, Realtor
My 43rd Year Serving Texans