Snail Mail Marketing #1 - Why's and What-For's

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

 
Post is included in group: Marketing Results

20 Comments on Snail Mail Marketing #1 - Why's and What-For's

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

05/15/2007 11:11 PM by BILL CHERRY (BILL CHERRY, REALTORS - DALLAS)


These are excellent hint's Bill. We are always expanding our database and mailing and we include vendor's and businesses in our mailings as well.  Which reminds me, I'll have to make sure our dentist within our business complex has a copy of our newsletter each month :D  Thanks!

05/15/2007 11:30 PM by Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))


I love to do mailers.  I send postcards to my "farm areas" every month and to my SOI every 3 months.  I have heard that this is a waste of time but I don't think so.  Believe it or not- there are a lot of people who do not have computres-yes it is hard to believe-but they are out there.  These people are still good contacts and potential clients.  Just because email, websites and computers have developed and evolved doesn't mean everyone out there has.  Sometimes doing things the "old fashion" way is the right way for some people.  (It obviously worked for some years before the dawn of the computer).  I obviously use the web as well, and I do put an email address on my mailers, but I keep an open mind that emailing isn't the only way to contact people and will always be faithful to my mailers.  I don't know exactly which address or person has email or not, so I will always "snail mail" because someone may not have email.     

05/15/2007 11:50 PM by Penny Florence (Keller Williams-Salt Lake City)


Christina - I applaud you!  I was surprised when I read your newsletter is 6 pages, but than when you explained what you put in it I understood.  I agree with you in that recipes and the how-to's just doesn't cut it.  People want relevant information. 

05/16/2007 12:41 AM by Joddie Roberts - Your Spokane Realtor - Spokane, WA (Exit Real Estate North)


Wow, this is one of the best posts I've read. You really know your stuff, Christina! I agree with everything you said.

I had a hugely successful newsletter while in the auto leasing business. We mailed AND called a list of people that had leased cars in our county, but NOT from us.  We were so consistant for so long that something amazing happened which was quite unexpected!

We actually brainwashed them. That's right, many on our list completely forgot who had originally leased them their car. They made the assumption they had leased it from us, and we weren't about to tell them differently. They literally made comments like, "remember when we leased the car we decided we would take the 12,000 mile a year lease because....."

To this day I think this is one of the most remarkable marketing success stories I have ever come across, and might not have even believed it had it not happened to me. Newsletters are very powerful.

 

05/16/2007 12:57 AM by Janet Guilbault, California Mortgage Expert (Peregrine Lending Company)


We do the same and hand address all the envelopes - people rave about it and it's been a great way to keep in touch with our sphere of influence. Great post! Loking forward to part 2

05/16/2007 01:01 AM by Clearwater Real Estate Clearwater Beach Condos & Homes for Sale- Cyndee Haydon (Belloise Realty)


Christina-I love the newsletter.  When you speak of the 4,000 strong database, is this a personal clientelle or your whole office?  That could get really expensive!  I do a neighborhood news flyer for my farming area once per quarter and I include market statistics, listing the addresses of properties new on the market or have sold and I also put in articles about "Slow Down on Our Neighborhood Streets" and "Lost Parakeet:  $100 Reward".  In my newest newsletter, I included a coupon good for one month to one of our local businesses.  If you buy one "shave ice" you get a small one free.  The guy that sells the shave ice was most greatful for me doing that and I gave him $100 up front to cover the first group of coupons.  In time, I am sure he will have a stack of my business cards on his check out counter.  Good luck with your newsletter in the future.  At 6 pages long on a monthly basis I just dont know how I could ever keep up on it.  Aloha!

05/16/2007 05:02 AM by 1SG (Ret) David J. Kucic Hawaii Relocation/VA Expert (Tropic Lightning Real Estate)


Wow, your post couldn't have been more timely for me as I'm revamping and revising my direct mail program.  The most successful Realtors in our area ALL use monthly newsletters in various formats.  Nice job.

05/16/2007 06:25 AM by Diane Bell, Hilton Head Real Estate, Bluffton (Charter 1 Real Estate, Hilton Head, Bluffton, SC)


I've been "in the process" of creating my next newsletter.  This is a good reminder that it needs to be done, because it does generate more business.  I like the idea of a coupon, too.

05/16/2007 07:04 AM by Ed Vogt, Grandville, MI Audu Real Estate (Audu Real Estate)


Christina- my first Realtor (1980's) used to go door to door with his handmade newsletter.  I loved getting it, because hand made or not, it provided me with all of the information re. our area.  As he became more and more successful, his newsletter quality improved.  I still, all these years later, and a move to NY, get his newsletters on a quarterly basis.  Who do you imagine  I enlisted when I had to sell my Colorado property, long distance from New York  (at, I might add, a higher commission rate than I could have located) ?  Great post.

05/16/2007 07:11 AM by Options Realty


Penny - Amazingly enough, it's not just those who don't have email that contact us from the newsletter.  Our newsletter is more of a catalyst to call and connect with us then any of our email blasts are.  Yes the email blasts work, it's just that the newsletter humanizes us and connects us in a different way.  We are ever expanding our newsletter.

Joddie - I actually hear comments from our clients every single month - I LOVE the newsletter.  Keep sending it.  When asked what else to include, they usually let us know they love what is in it and want more of the same.  I fully expect it to get larger as time goes on.

Janet - That is one of my goals.  We 'adopt' buyers and sellers.  By this I mean that when we list a house and another agent brings the buyer, we add their buyer to our newsletter farm.  For one, the newsletter is extremely informative and people find it valuable.  Second, unfortunately 99% of agents just don't maintain contact with their clients. 

05/16/2007 07:33 AM by Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))


Cyndee - I commend you for hand addressing.  We do not.  With 4,000 names and a goal of 6,000 by years end, that's just not going to happen:D

David & Tonya - We are a small real estate team - my Dad, myself, my husband and my brother-in-law are the ones who actually work in the real estate arena.  We do have a licensed transaction coordinator and unlicensed marketing/advertising assistant.  My sister is licensed as well but doesn't do real estate (she's owner of the property management company).  We just formed the actual "team" early last year (although we've all been working with Dad for years).  The database is our clients, no one elses.  We are not a brokerage, just a team. 

Diane - The key is to 1) go where the competition 'ain't' and 2) to be consistent! 

05/16/2007 07:36 AM by Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))


Ed - I've had my 'in the process' moments as well.  In fact, I'm a perfectionist and sometimes to a fault.  I kept waiting and waiting to start the mailing systems and finally I said heck with this, I've got to start something.  I started with postcards and then in January, because I didn't have the full template down and content outlined, I went ahead and just ran a CRS newsletter.  By February I had our current newsletter.  It's been a huge success since day one.

Laurie - Exactly!  We plan on using this newsletter in so many ways.  One of which is for our forth coming buyers agents to walk farms and introduce themselves, then we'll add the farm to the monthly mail program. 

05/16/2007 07:39 AM by Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))


Christina,

For snail-mail newsletter to work it has to be custom-made, like yours. I'm doing an email newsletter that is custom-made and is doing well. So, either way, avoid the mass-market products.

05/16/2007 12:45 PM by Esko Kiuru - Las Vegas NV Mortgage Consultant (Sinifox Financial)


Esko - I strongly disagree that a snail mail newsletter must be custom made.  Mass-market products will work, very well.  The main key is consistency.  I personally know several very top producers that only use mass-market newsletters, quite successfully I might add.  Custom House Publishers makes a nice one for real estate.

05/16/2007 04:12 PM by Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))


Nice post Christina. Glad to hear you're having such success with your newsletter. I do mine by email for now. I feel that the majority of my market is more likely to read that than one they get in the mail, however, I plan to test that theory in the next few months.

05/16/2007 10:24 PM by Ryan Hukill - Edmond RealtorĀ® (Hukill Group - Paradigm Realty)


Ryan - We also have an email newsletter we send.  Amazingly enough, it gets far fewer readers (our current recipient database is 1800 for email).  We utilize a tracking method that allows us to see how many people opened it, what they clicked on, who they forwarded it to, etc.

05/17/2007 10:11 AM by Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))


Christina-You guys are awesome!  Maybe someday I can be like you but that seems so overwhelming to me right now.  You guys are farming a HUGE area.  I bet your business is run like a well oiled machine.  You seem to have all the pieces in place right where they need to be.  Good luck and best wishes for more success.  Aloha!

05/19/2007 03:02 PM by 1SG (Ret) David J. Kucic Hawaii Relocation/VA Expert (Tropic Lightning Real Estate)


David & Tonya - we aren't there yet, we are striving to get there.  Our first step to master was farming our past clients/prospects.  We weren't doing that effectively and now we are (although we can always improve).  

05/19/2007 03:18 PM by Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge (David Swarat's North Idaho Dream Team (GMAC))
Coeur d'Alene Idaho Homes - Come Live The Life Style - Christina Ethridge
Coeur d Alene, ID
More about me…
David Swarat's North Idaho Dream Team (GMAC)

Office Phone: (208) 769-9464
Cell Phone: (208) 769-9464
Email Me
It's all about North Idaho. Bubble proof, consistent appreciation, location and beauty make North Idaho an ideal place for investment, opportunity, living and thriving.

Oh and every so often I like to provide real estate marketing tips, thoughts and ideas.









Real Estate Blogs - Blog Top Sites

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find ID real estate agents and Coeur d Alene real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved