Monday, June 18, 2018

Lisa Gray

Lisa Gray
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Lisa is an accomplished marketer with years of expertise in direct response marketing, digital marketing, data analytics and business development working with both B2C and B2B.

The definition of the word motivation is: the general desire or willingness of someone to do something.

When we think about “being motivated” often that idea is tied to a motivation to work harder or achieve more.

At times, being motivated can feel like a big undertaking, like a mountain that needs to be climbed.

Often the smallest step forward is all that is necessary to create a positive and rewarding impact on our day.

With this in mind, today’s Monday Motivation message isn’t based on a task that needs completion or a mission to undertake, instead it’s a decision to choose a feeling.

“Today I Choose Joy”

This may sound a bit “touchy feely”, but choosing joy is a lost art in adulthood.

As a child the decision to choose joy is as natural as waking up.

So in the spirit of the holidays, let’s embrace the child in all of us and make the choice to feel joy as we move through our day.

At ProspectsPLUS! we recently found a way to experience joy

by bringing some holiday spirit into the office and doing a little holiday decorating.

Picking out a tree and putting up holiday lights, is something that can often become a frustrating task, added to the already endless list of things to do this time of year.

We found, once the decorating was underway…

…we couldn’t help but smile.

Soon we were laughing and truly enjoying a moment to pause and just celebrate life.

Whether you choose to experience joy through decorating your house for the holidays, sending out holiday cards to your customers, or baking cookies for an elderly neighbor…

We wish for you a wonderful holiday season filled with moments of joy!

At ProspectsPLUS! we truly enjoy helping you with anything you need! Please reach out if you need our assistance at 866-405-3638.

 

 

 

 

Spend Time Here, Not Here

There’s only one you. There are just 24 hours in a day. Put those two together and you have an insanely busy schedule.

And, it’s all too easy to get distracted by the next shiny object.

Social media is shiny. It’s distracting. And, some platforms are completely unnecessary – at least for real estate professionals.

As we head into 2018, and you’re contemplating your business plan, you’ll be prioritizing where to spend your time and money.

Take a hard look at which social media platforms you use and whether or not your time is better spent elsewhere.

Facebook – it’s not free

You may think that marketing your business via social media is a fabulous free way to get your brand in front of people.

If done strategically, it can be.

But, consider this: The majority of agent’s average about three hours a week spent on Facebook, according to a 2016 Inman.com survey.

Sadly, that doesn’t tell the whole story because more than 21 percent spend twice that amount of time – a whopping six hours a week – on the social media giant.

Ask yourself this question:

Is six hours each week better spent chasing after new business on Facebook or reaching out to former clients and those in your sphere?

Both are “free” in terms of money, but the latter isn’t as much of a time stealer and the return on time invested has a better chance of being higher.

Multiply your time spent by the number of social media platforms you’re currently using. While they all have something to offer, they aren’t all worth an agent’s time.

Instagram – A waste of time?

Unless you have an in-house marketing person, don’t feel guilty about not being on Instagram, and don’t listen to the hype saying you should be.

Here’s why.

Most online articles pushing the use of Instagram for businesses point out “In 2016, Instagram grew its daily user count by 100 million users and now has more than 600 million active users.”

What they fail to do is dig deeper. So, let’s do that right now. First, however, let’s take a look at your average homebuyer.

According to the NAR, “the typical home buyer is 44 years old, married, no children at home, and has a median income of $88,500.” Keep these statistics in mind while taking the deep dive into Instagram.

Who’s hanging out on Instagram?
  • 80 percent of Instagram users don’t live in the U.S.
  • Of the users who do live in the U.S., only 28 percent of them are on Instagram, according to Pew Research.
  • The largest demographic of Instagram users are between the ages of 18 and 29 while only 18 percent are between the ages of 30 and 49 – the most likely buyer pool.
  • The largest demographic earns less than $30k
  • The average Instagram user “misses about 70% of the posts” in their feed, according to Influencer Marketing Hub.

Until Instagram begins attracting an older, wealthier demographic, it’s an ineffective use of time. Your time is better spent on other lead-generation strategies.

LinkedIn – A good investment

No, it doesn’t have the largest share of online users (only 29 percent of American adults), but LinkedIn’s demographics are ideal for real estate marketing.

  • 77 percent of users are age 30 and older
  • 50 percent are college graduates
  • 45 percent of LinkedIn users earn more than $75,000 per year and only 21 percent earn less than $30,000.

Again, recall the profile of the average homebuyer and seller and you’ll realize that this is the demographic you should be chasing.

Not only are the demographics ideal on LinkedIn, but Hubspot gathered data from more than 5,000 companies and found “LinkedIn 277% More Effective for Lead Generation than Facebook & Twitter.”

Hubspot’s Rebecca Corliss points out that “because most of the content posted on LinkedIn is of a marketing nature, as opposed to family photos or social ‘chatter,’ there is less clutter…

…so business’ marketing posts are more likely to be noticed on LinkedIn than somewhere else.”

Social media is an ever-evolving resource.

What’s hot this year may die next year.

When choosing where to spend your marketing time, don’t judge a platform by its number of users – that figure is useless for real estate agents.

Do a deep dive, periodically, into the demographics of each to decide when the time is right to jump in.

Related: 3 Tools That Drive More Business

Need help?  Call our team today at 866.405.3638 to put the best marketing tools in place to build your business easily, and cost-effectively.

Get Their Hand to Raise

More often than not, today’s consumer learns everything they can about a product or service on the internet, before making a decision.

So how do you get them to raise their hand and turn to you for help?

By being the expert who consistently gives them what they want—valuable information that can help them:

  • Become more educated
  • Solve a problem
  • Make an informed decision

So whether you are delivering your content via phone call, email or direct mail – deliver what your customers want most.

3 success strategies

Make it about them – Think about the things that your customers want and are interested in most.

Make your interaction compelling, relevant and —honest. Our Newsletters and more precisely our Market Dominator are great marketing tools to use on an ongoing basis that highlight you as the expert resource to turn to in their area.

This type of marketing puts you in the position of educator, which innately denotes a level of trust. Once you are trusted you will be rewarded with happy, loyal customers.

Don’t establish trust and you have consumers who are wary of your products or services because you haven’t eliminated their fear.

Give something of high value – This can be a tough thing for some people. The idea of giving something away for free can be bothersome or make them feel as if they are de-valuing their product or service.

In reality, offering a product such as a Free Report can be an effective, value-boosting investment in your long term customer relationship.

When you consider acquiring a new customer remember it’s 4-6 times harder than keeping your current customers engaged, happy and loyal, giving value on the front end just makes sense.

Free reports are perfect hand-outs at your Open House

Make it ongoing – Before launching into this form of marketing, consider your long term goals and draw up a plan to consistently reach out to your clients month after month.

You want your customers and prospects to come to rely on your information and updates.

Become Their Resource

If they come to count on you for the answers and resources they need, it stands to reason they will turn to you for help when the time comes.

Whatever strategy you deploy, make sure your message is clear and your marketing consistent. Connect with your base of business at least every 30 days through phone calls, visits and direct marketing, and you will find your profitability, referrals and commissions right on track year round.

Related: Marketing That Pays for Itself

Need help?  Call our team today at 866.405.3638 to put the best marketing tools in place to build your business easily, and cost-effectively.