The New Rules of Marketing…

Marketing
ByOctober 15, 2018

In a social media dominated world…

The New Rules of Marketing…You walk into a singles bar for happy hour looking to meet someone and before knowing a person’s name, you approach them and say, “Hi, I’m Jon, let’s get married and have 3 kids…

And this is how agents have marketed to the consumer for years.

Everyone wants to buy, no one wants to be sold and our training has been and continues to be…”When are you selling…when are you selling” or “Buy from me…Buy from me”

And we wonder why the consumer ranks real estate agents in the same silo as a used car salesmen.

Well I’ve got great news for you…this strategy is causing your competition and maybe you, to miss out on 95% of the opportunities in the marketplace every single day and I have a solution.

Let’s first look at how this kind of marketing is going 100 percent against human nature.

  • Everyone wants to buy or have something better, no one wants to be sold.
  • People don’t choose to work with you because of your sales skills, they choose to work with you when they trust you.
  • The consumer has all the information they need at their fingertips, no longer do they have to listen to an outdated, cheesy sales dialogue you learned at a recent seminar.  You are one click away from being history.
  • 95% of your audience at any given time in the consumer awareness journey are indifferent – in most cases you are saying the right things to the wrong people and the wrong things to the right people.

The Solution: It’s all about your messaging…connecting with people where they are at, when they are there, in the form and frequency they desire…

And your competitors will continue to use the “One Size Fits All” message that works…with high cost human and financial resource and low conversions…

There’s a better way…

We are going to meet people where they are at and pull them to us by building trust.  We are going to make deposits in the business relationship equity account while the competitors continue to try and make withdrawals from a relationship account that has no equity in it.  This is winning in today’s new Social Rules of Engagement.

Be The Information Portal

If 95% of the audience today is indifferent, that means only 5% of all consumers are in the consideration phase of taking action.  Running a marketing message of “buy or sell something now” – does one thing, turns them from indifferent to annoyed.  The “One Size Fits All” message is dead.  Here are 3 simple steps that can dramatically increase engagement, conversions and close more sales…and a formula for when to ask for business.

  • Provide the consumer with community organic community events information in the form of a video weekly (without calls to action).
  • Use video to interview local businesses.
  • Create a monthly market snapshot video.

The Basic Formula (Budget and Frequency)

Before running any conversion based marketing at an audience, ask yourself one question, “Have I warmed up the audience or are they a cold audience?”  Remember, don’t ask someone to marry you and have 3 kids before you even know their name.

If you are starting a campaign at a cold audience, my suggestion is to be the information provider for 3-4 weeks constantly making deposits in the business relationship equity account.  Warm them up to build trust and then launch conversion campaigns at the same audience.

You will find a highly receptive audience that engages in your content and ultimately chooses you.

The New Rules of Marketing is simply one rule… Lower the sales guard of your audience by giving them value and when you run conversion marketing at them, choosing you is the next obvious step.

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