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"7" is Craps!

By
Home Inspector with Advantage Inspection Raleigh

Marketing a business can be fun, exciting and creative.   It can also be very frustrating and expensive if one doesn't know what outcome they are looking for or how to evaluate cost effective methods of marketing.

Over the years people have come to know me for my unique ability to develop low cost and no cost strategies to market and promote a business, product or service.

Strategies that have realized incredible returns.

People have also come to know me as someone who is a stickler when it comes to putting systems in place. My marketing successes are a direct result of the systems I have implemented.

With a bit of forethought, planning and desire, you can successfully market your business in a very effective manner. Below are seven proven strategies sure to increase visibility, leads and sales.

1. Business Cards

Business cards are often one of the most underutilized tools in one's marketing.

Use the front and back of your business card to gain full benefit. Depending on your market you can put some very valuable information on the back such as a sports schedule, emergency numbers, or special dates people want to remember.

Keep some in your wallet, your automobile, on your desk, and some at home. Be sure to carry them with you wherever you go and be willing to hand them out as opportunity presents itself.

Creatively distribute your card. When you eat out you can leave one with the tip.

If you borrow a library book, use one as a book mark. Hand them to clerks in stores who may know other people who could use your product or service.

When someone gives you their business card be sure to enter their information in your database. Send them a short note or email within 48 hours of meeting them to keep your name fresh in their mind.

2. Send a picture

A great way to keep your name fresh in a customer's mind is to send them a picture of when they purchased or leased a home with your service.

Put a picture of a buyer's home and yard in a beautiful calendar. Likely, the proud owner of the home will display the calendar for the next 365 days.

3. Associations

Associations particular to your market are a great resource for marketing.

A major opportunity within many organizations is the chance to network. Additionally, to make presentations. Along with presentations come publications.

Often, when you do a presentation, you will get a mention in the association newsletter, their Ezine and/or on their website.

In many cases, when an organization has a newsletter or Ezine, they welcome the presenter writing a press announcement for them. It saves them time and often assures you have a better chance of the information making it into the publication.

They may also welcome you writing an article for their publication or website.

This lends itself to pre-presentation visibility. Additionally, you will position yourself as an expert and increase credibility.

Most organizations have the following opportunities that can help you to gain visibility and do some very effective marketing:

-Newsletters

-Internet listings

-Links to you website

-Discounted advertising rates

-Networking opportunities

-Business referral services

-Special recognition events

-Education seminars

-Business and membership directories

In many cases you will need to be a member of the association to take advantage of the multiple marketing opportunities. In other cases membership is not necessary.

4. Committee Involvement

Committee involvement is a great way to give back to the association or community while building visibility for you and your business. In some cases, you may even want to get involved in a committee where you have little experience or knowledge. This will give you an opportunity to stretch yourself and meet and network with individuals you may not have otherwise had the chance to meet.

5. Contests and drawings

Contests are a favorite for many businesses such as restaurants or those that have high foot traffic. Contests are a great way to build your database quickly.

You are generating very hot leads when you have a contest with people who have already frequented your place of business. The key though is to do back -end marketing. Far too many businesses hold contests, get lots of names and do nothing with them. In this case, it is a complete waste of time to hold a contest.

You can advertise a contest to gain new foot traffic in your place of business.

Trade show booths are a great place to hold a contest. Pre-show marketing helps to generate traffic at your booth. Invite people to stop by booth # _____  (whatever your booth is) to enter to win. Creative contests can also generate free publicity.

6. Cross-promoting

Join with other Realtors or companies who have products or services that compliment yours and promote each other.   Example, you could partner with a landscaper to promote yard services to your clients.  In return they can promote to their existing clients your services and advice.  Cross-promoting is only limited by your imagination.

This can considerably cut down the cost of business promotion and allow each business to use promotion techniques that might be too expensive to implement alone.

7. Bonuses

Secure special offers from various businesses who want to share a similar market as you. Present this package of goodies when you sell and close.  This is a win/win all the way around. The other vendors gain visibility, you have something extra to offer you customers and the customers get incredible value for their purchase.

Now roll the dice and let Lady Luck run!

Maverick Rules!

Nate Rowe
Oakstone Properties, Homes in Richmond VA - Richmond, VA
Realtor, Homes in Richmond VA

Great info.  I agree and enjoyed reading the post.

Jan 18, 2009 07:50 AM
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Hi Dave.  A great list.

Thanks for writing,

Ken

Jan 18, 2009 07:55 AM
Dave Park
Advantage Inspection Raleigh - Raleigh, NC
"The Maverick Builder"

Nate,

Thanks for the Read.  Sometimes we just need to be reminded of the little things as we can be so busy with life/business. 

Enjoy your weekend!

Maverick Rules!

Jan 18, 2009 08:15 AM
Dave Park
Advantage Inspection Raleigh - Raleigh, NC
"The Maverick Builder"

Ken,

Stay warm.  Thanks for the read! 

Maverick Rules!

Jan 18, 2009 08:17 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Hi Dave

Super blog. Becoming active and networking within an association can be high impact personal promotion and an excellent source of business and referrals.

Good luck and success

Lou Ludwig

Jan 18, 2009 09:21 AM
Dave Park
Advantage Inspection Raleigh - Raleigh, NC
"The Maverick Builder"

Lou,

What's happening?  I hope this year is starting out strong.  There is "hype" out on the streets, and I am always caucious of "hype".  It is usually hiding something.  Our market does have a pulse.

Enjoy the weekend!

Maverick Rules!

Jan 18, 2009 12:09 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

These are all great ideas, and I have bookmarked for future reference.  Thanks for the advice, and here's to a successful 2009.

Jan 18, 2009 12:46 PM