Recently, I was interviewed by Tonya & Michael on the top 2% globally ranked "Be BOLD Branding Podcast" where I shared my BOLD MOVES on how to become a successful real estate agent.
Wednesday, November 29, 2023
Tuesday, November 14, 2023
Lessons in Marketing by Sonny Moyers
When discussing marketing strategies, it's essential to differentiate between passive and active outreach. Passive marketing is akin to sending a message into the void, not expecting a response or interaction. Imagine it as speaking to an audience that might not even be listening or putting up a flyer in a place where no one goes. It's a one-way communication, where the sender doesn't anticipate any form of engagement from the audience. Following is an excerpt from my book, “The Architecture of the Real Estate Practice.”
Passive versus Active Marketing
“What is passive outreach or passive marketing? It is accepting what happens or what others do without active response or resistance. Passive marketing is speaking to an audience without expecting them to pay attention and react to what is said. It is broadcasting a message without expecting anyone to hear it. It is posting a flyer on a wall that faces inward to an empty space.
Passive outreach is not
as effective as it could be unless combined with other active contact methods. Active outreach programs combined with
passive programs can cause a Prospect to respond and accept a “call to action” by the Agent.
When a Prospect receives mail from an Agent and later sees a billboard with the
agent's photo, phone number, and a “call
to action” on the billboard, there is value to both passive and
active messaging.
Some may argue that social media posting is an active method of
reaching contacts. One should consider the number of messages of zero value
that are sent on social media. In that case, it isn't easy to imagine that this
medium will be highly productive unless it is considered in context with the
total marketing program or marketing mix. Social media marketing coordinated
with other methods of reaching the target audience may produce results that
cannot be quantified much of the time. Like most things in real estate marketing,
it isn't easy to directly quantify an activity to catalog results. This is
because when someone sees content, they may call their agent or someone they
know who shows them a property, and the posting agent may never know that the
post or other contact method produced results.”
Thursday, November 2, 2023
Account Cycling - Marketing Theory
🚲 Marketing Management Strategies in Real Estate 🏠
Are you struggling to reach numerous people in a limited time frame to find those precious "Prospects and Connectors"? Account Cycling might be the strategy you need to get the desired results!
An Excerpt from my book, releasing this month,
“Account Cycling is used to execute a sophisticated and complex marketing plan and requires client relationship management software and people who know how to use that software.
Account Cycling schedules contact activities systematically to maximize the best use of resources, particularly for the real estate Agent. It works with Market Coverage to ensure that all accounts in the Client Hierarchy are contacted frequently enough and with the correct resources and message to maximize revenue potential.
Account Cycling integrates with the Client Hierarchy, Target Market Stimulation Programs, Market Coverage Program, and Client Treatment Grid, as well as the Ranking System, to ensure that Clients and Prospects are contacted in a systematic way to protect the Clients from competitor efforts to capture them.”
In Chapter 35 of my book, The Architecture of the Real Estate Practice, RealEstateBook.org, you'll discover: 📈 How to plan and execute a strategy that helps reach the right audience using insights from the book "High Output Management."
🎯 Why Account Cycling is crucial for your real estate practice, helping you find those few vital contacts who can drive your business forward. 🛠️ The tools and techniques needed to implement Account Cycling in your daily operations efficiently.
Embrace the challenge and learn how to make the impossible possible with strategic planning and execution.
#AccountCycling #RealEstateStrategies #HighOutputManagement #Efficiency #ConnectorSearch #StrategicPlanning #RealEstateSuccess
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