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How
to Exploit Your Cutting Edge "Secret Weapon"... Focus on
Fundamentals!
In spite of all the exciting and
revolutionary changes, I want to start off by going back to basics
and addressing some key fundamentals. Because it’s the
fundamentals combined with cutting edge tools, like our Response
Hotline, that will have you beating the pants off your competition!
Not focusing on
the fundamentals is like building a house on sand.
The three fundamentals I’m going to
address in this report... headlines... ad positioning... and follow
up preparation.
It’s almost amazes me when I look
through my local newspaper. I see ads with nothing but purely
self-serving headlines. They basically say give me your business
because I want your money.
I guess the writer thought it would be
good enough to just write something "catchy". From
experience in the school of hard knocks, I can tell you... it’s
not!
How
important are good headlines?
According to David Ogilvy (one of the all
time great advertising masters), "Headlines are 90% of your ads
effectiveness. I’ve had one ad out produce another ad by 22 times.
The only difference was the headline."
Really think about that one folks! A
2200% difference and the only change was the headline.
So, what makes a good headline?
There have been entire books written on
the subject of headlines. But, I’ll quickly give you a couple
pointers. It has to promise your reader a clear self-serving
benefit... from their perspective... not yours!
Really try to step outside your own
experience and get into their shoes... what would be important to
you if you were buying or selling a home?
The other thing, don’t limit yourself
to a set number of words. As long as its meaningful to your reader,
it doesn’t matter. Prospects will read everything you put in front
of them as long as it’s interesting and important to them.
My point is whenever you’re putting
together a flier, sales letter or anything that’s going to be in a
prospects hands... focus a great deal on the headline.
Try to fashion your headlines to contain
one or more of these four key points:
-
The
most important is it must be written with the self-interest
of
your reader in mind.
-
Try
to make the headline appear to be something news worthy.
Readers
love news.
-
Make
it appear that you have a quick and easy solution to
their
problem.
-
Avoid
headlines that only provoke curiosity. Combine curiosity
with
self-interest, news and a quick and easy solution and you’re
virtually guaranteed a winner.
As a footnote, I would like to strongly
urge you to get a copy of "Tested Adverting Methods" by
John Caples.
It’s a fabulous book that will teach
you the fundamentals of writing good headlines and ad copy. It has
helped build more successful ad campaigns and produce more
profitable advertising than any other book ever written! To many
advertising people it is like the Bible of direct response
advertising! If you get a copy and make a study of it, you will have
the ammunition to take your ads from dead, tombstone ads to gushers
of profitability!
The second
fundamental I want to address is ad positioning.
Due to the limited amount of space in
this newsletter, I’m just going to touch on this subject. I plan
on going into much greater detail in an up coming issue.
Let’s assume you have a good headline
and the ad copy supports your headline and calls your reader to
action. In order to make that ad successful, the first goal is to
get the ad seen. That’s why the number one, single most important
factor in newspaper advertising is positioning.
If your ad is going to generate a
response it first has to be seen. If it doesn’t get seen, it makes
no difference how good your headline or ad copy. It has no chance at
all.
I’ll give you a quick example using an
ad in our direct response ad kit with the headline, "WARNING!
Don’t List Your Home Until..."
In the Sunday edition of a newspaper, it
pulled 47 responses in one day... positioned correctly.
We had another agent, in the exact same
city, use the exact same newspaper with the exact same ad for a
Sunday edition a couple weeks later. The ad pulled 2 responses!
What was the
difference?
It was buried in the section and rarely
seen.
What’s the lesson? Fight for good
position! Try to get your ad placed on the front or backside of a
section. People sort their papers by section before they read.
If you can’t get the front or back side
of a section, get it placed in the upper half, left side of pages 2
or 3 of a section. When readers open a section, their eyes tend to
scan the upper half of the inside two pages... from left to right.
In an upcoming issue, I’m going to
cover this in great detail. This is so important it bares repeating.
It can save you thousands of dollars in wasted advertising. It can
leverage the effectiveness of your ads. With proper placement
(provided you have a well-crafted ad with a good headline), you can
achieve profitable results.
The third
fundamental I want to address is follow up preparation.
This is a fundamental I’m sure gets
over looked more times than not. As an agent you get caught up in
the day to day routine. Finding time to plan your follow up can be
difficult.
But, one of the major keys to being
successful in anything you do is planning. I like the way Jim Rohn
puts it, "Life does not get better by hope. It gets better by
plan!" Isn’t that great?
The same can be said for follow up. You
need to plan your follow up.
You might be thinking, "If I get a
pager call and I’m calling back in 3 minutes, how can I plan my
call?".
Well, here’s a razor sharp way.
Look up a list of comparable properties
for every one of your listings. And when you get a page, pull out
your list of comparables and call your prospect back.
The conversation would go something like
this...
"Hello, this is Jane Realtor with
ABC Realty, a few minutes ago you called about one of my listings on
Cherry St. from the ad in the homes magazine. As a courtesy I always
follow up to see if I can be of service. Does that home seem to have
what you are looking for in a home?"
At this point you’ll probably get the
question, "what’s the price of the home?". Don’t do
it. Don’t tell them yet... ask the question, "well, what
price range are you looking for?". Then, guide the conversation
with open-ended questions.
If they continue to ask about the
property they called on, enthusiastically tell them about it... then
give them the price. You’ll build some value before dropping the
bomb.
Now, you’ll get a true feel for their
interest level.
At this point in the conversation, it’s
the perfect time to bring up your list of comparables. Begin by
saying something like, "you know based on what you’ve told
me, we have a house in the same area of town, with the same number
of rooms, it’s every bit as nice for about $12,000 less. Would you
be interested in hearing about that one?"
Again, this isn’t a new way of doing
business it’s a new way to make contact. The fundamentals are the
same! My suggestion would be to revisit the fundamentals by
referring to Section 5 of your course materials.
My very best to you in your business
building. Until next time...
Warmest regards,

Gary Elwood
President
Click
here for more about our "New Rules" Real Estate Marketing
Course and Response Hotline service that has agents generating as
many as 62 calls per day without prospecting or cold-calling!
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