Tuesday, November 14, 2023

 

https://youtu.be/u9iFDhTwOe4

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.”

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