Amazing Secrets Make Your Real Estate Newspaper Advertising 750% More Profitable!
With real estate newspaper marketing, we often either overlook, or are unaware of the simplest and easiest details that can make the difference...
The
information I’m going to share with you this month comes from one
of the true advertising geniuses of our time. If you combine all the
newspaper advertising he’s purchased for himself and his clients,
his company would be the third largest newspaper advertiser in the
United States!
The man I’m
talking about is the true legend of direct response advertising,
Gary Halbert.
Gary
primarily does full page advertising but, none the less the points
he makes have direct application for your advertising efforts.
As an
example, I advised a client of ours with this same information. He
took an ad that had produced 2 calls in a Sunday paper to 47 calls
two weeks later. It was the exact same ad, exact same newspaper,
exact same city... everything!
So, let’s
get to the heart of what made the difference. In the past, it has
often been said that the three most important factors in choosing
investment real estate are (1) location, (2) location and, (3)
location. I think that’s probably true. And when it comes to
running ads in newspapers, a similar precept needs to be held in
mind. Namely, that the most important factor of all is...
Position! Position!
Position!
Understand
something. The #1 reason people don’t respond to a newspaper ad is
because they don’t see it! Daily newspapers are huge. Many
of them are several hundred pages thick. In fact, a recent
issue of the L.A. times contained 405 pages!
Whoee! You
sure could get lost in there, couldn’t you?
In the past,
I’ve always tried to drum home the point that people of America
sort through their mail standing over the waste basket. It’s a
good mental image to have when you prepare a mail piece. It slams
home the importance of grabbing their attention with a
"killer" headline... a powerful, self-serving benefit to
your reader. Basically, you’ve got one or two seconds!
Now, here’s
something else for you to keep in mind:
As soon as people sit
down to peruse their daily newspapers,
they immediately divide it into sections.
A man may ask
his wife for the sports pages. The wife might zero in on the
entertainment section. Entrepreneurs may want the business section.
Gossip mongers may pick up the society pages. And so on.
But, nobody
reads the entire paper. In fact, hardly anybody opens up
more than two or three sections. Think about it, do you?
So, what does
this all mean to you on a practical basis? This: it means the very
best place your ads can appear for maximum visibility (and hence,
maximum readership) is on the front side of a section.
And the second
best place? It’s the back of a section.
Here’s why.
You see, even though most people don’t read or even open up every
section, most people at least touch every section. Yes, they touch
it if for no other reason than to pick it up to hand it to someone
else or to throw it away. And, while they are thus handling each
section, they are forced to at least glance at the front pages of
those sections and (to a lesser degree) the back pages of said
sections.
And, of
course, while they are glancing at those pages, should they happen
to see an eye-catching ad, an ad with a "killer" headline,
they just might read a couple of paragraphs to see what it’s all
about. And if those first couple paragraphs are real good, then just
maybe they’ll read the rest of the ad. And, if all that happens,
who knows, maybe you’ll get a call.
So, know
this: your first job is not to get your customer to read your
ad. No. Your first job is to get them to see your ad!
It’s just
common sense.
If you
can’t get your ad placed on the front or back side of the section,
work for second best. Get your ad placed in the upper half, right
hand page, as close to the front of the section as possible.
Preferably the upper right hand corner.
This is the
number one secret to effective newspaper advertising... position!
Now for
number two. In a nutshell, the second biggest secret is:
Make Your Ads look
Like A News Story
Don’t make
your ads look like an ad. Don’t use line art. Don’t use arrows,
cute graphics, reverse type (except maybe to highlight a phone
number), weird typestyles...
Or anything else that
might win an award
for graphic design
Come closer.
Listen: here is how to put together ads that are 500% more likely to
get seen and hence, read. A cunningly careful, highly scientific
examination of reader habits yields a useful piece of data.
Editorial
material (or material that appears to be editorial) gets 500%
more readership than material that is obviously advertising.
Think about
that.
So... once
you get your ad positioned well, make it grab your readers
attention. Write it in an editorial style with a headline that
telegraphs your biggest self-serving benefit to your reader!
Don’t make
it look like an ad. That’s what everyone else does. In fact, so
much so, that looking through the real estate section becomes an eye
strain.
Capitalize on
this fact. Make your ads stand apart. Box them and format them just
like a news article and they will stand apart. And, they’ll
achieve your first objective... to get them seen! Plus, it will
increase the likelihood of it getting read by 500%, provided the
headline grabs them and the rest of the ad is written well.
Don’t limit
this approach to just newspaper either. Take these same fundamentals
and...
Use Them In Your
Magazine Ads Too!
Pick up a
recent copy of a local homes magazine. Look through. Do you notice
anything? Do you see how all the ads start to look the same?
Sameness =
Boring! And, one thing I can assure you of is people will not
be bored in print. It’s one form of communication in which you
can’t afford sameness.
Now, when I
say sameness, I mean you can’t afford to look and sound like
everybody else. By no means am I saying you need to change all the
time. In fact, just the opposite is true.
When agents
find an effective method of advertising, they usually grow tired of
it way before the market does. They change just for the sake of
change. Which is foolish and costly.
My point?
Make your ads stand out. Be different. Use some of the ideas
presented here and watch the responses multiply. And, when you find
something that works... work the dog out of it. Work it until it
completely runs out of gas. And, while you are working the new
approach, plan your next stage but, don’t quit using a profitable
method until it’s no longer profitable! Once it’s no longer
profitable, move on to your newly planned out approach.
What Was Once
Successful Can Still Be Successful!
Another
suggestion. Think back through your previous advertising efforts.
Think about your most successful direct mail piece, advertisement...
whatever. Re-visit that approach in your mind.
If you think
about it, that approach may have direct application right this very
minute. But, you discarded it just for the sake of change. If you
had an approach that worked particularly well, you should get it
out, dust it off and try it again. You may find that it will work
equally well... right now!
A New Idea!
First I want
to thank all the agents who’ve been sharing their secrets with us.
We really appreciate your taking the time to call or fax us your
ideas. Virtually all the ideas will be covered, at some point, in up
coming newsletters.
This idea
comes to us from an exceptionally creative and effective agent in
Kenmore, NY.
Whenever the
opportunity presents itself, John shows other professionals he’s
networked with in his community (doctors, accountants, insurance
agents, etc.) how his response hotline works.
John keeps
the greeting on his response hotline generic. This way he can offer
these professionals an opportunity to use one of his extensions for
a flat fee of ten dollars per month.
Now,
generally, they won’t use more than ten dollars. If they do, he
suggests that they get their own response hotline and he gives them
our number. This gives him an opportunity to pick up a referral fee.
But, more important... it strengthens his network. It has these
other professionals feeling indebted to him because he’s
continually thinking about ways to bring more value to their
businesses. In turn, they want to bring more value to his. Makes
sense, doesn’t it?
The moral of
the story? Whenever you come across ideas that can be of value (i.e.
response hotlines, marketing ideas, whatever...) to other
professionals… share! You’ll build your referral base stronger
and we all know referrals are the best thing since sliced bread.
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 27 calls per day without prospecting or cold-calling!
For more Tips on
Real estate Newspaper Advertising
check out this information on Classified Ads...
Real estate newspaper marketing is one aspect of your marketing plan...You do have a current marketing plan don't you?
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