|
June 30, 2008 ( PowerHomeBiz ) -
Canada --
Innovations are a mixed blessing. Because new developments offer the potential to improve personal or work lives, many people welcome the latest advances. Conversely, the newest way of doing things also carries the potential to annoy many people.
(news continued below))
Take for example, current technology that simplifies how we can
communicate with others. Using hard copy format (aka paper), we can send
messages by hand, Canada Post, courier and various print media such as
newspapers, magazines and books. Electronically, there is a wide range of
telecommunications including wireless and Internet-based formats. As a
person interested in marketing, I understand and value the contribution that
today's technologies make to marketing communications. However, as a
consumer, the misuse of these technologies drives me crazy.
Newsletters are one of the most popular and potentially effective of all
marketing communications. Suitable for distribution in hard copy or
electronically, they are ideal vehicles for keeping in touch with prospects,
clients and network contacts. Properly used, they can enhance agents'
credibility as knowledgeable real estate authorities. Inappropriately used,
they have the opposite effect: instead of reinforcing credibility, they can
raise questions about an agents' basic competence.
Through membership in the same organization, my wife and I have become
acquainted with a real estate agent who is building his business. One
component of his business development plan is the use of printed newsletters
and Christmas cards. In building his list of contacts, he has taken our
names from the membership list of the organization to which we all belong.
And with list assembled, he has started regular mailings to his contacts,
including us. I am less concerned that he is mailing to us without our
consent than I am puzzled by why he considers us prospects. We have never
discussed either real estate in general or our housing preferences in
particular. I am no more sure that if I were looking for an agent he would
be the right one for me than I would be a suitable client for him.
Unfortunately the mailings confirm this uncertainty. With content
apparently mass produced by a third party, the newsletters are very generic
and contain little information that is relevant or of interest to me. In
creating the image of a dream home for last year's Christmas card, the agent
described a scenario that is about as far from my ideal home as it's
possible to be. It may well have been his vision of a dream home; it
certainly wasn't mine.
In the overall scheme of things, receiving several mailings a year from
this agent is not a big deal. These mailings do however illustrate the down
side of the ease of communicating, especially sending newsletters. Certainly
it's easy to assemble a list of people to whom newsletters can be sent. But
just because you have some one's name and address, does that automatically
mean that person is interested in hearing from you, let alone choosing you
as their real estate agent? It's also very simple to purchase pre-packaged
newsletter content for distribution to your contacts, but how effectively
does this satisfy their need for useful information?
Undoubtedly, like many marketing programs, the agent's newsletter
initiative was undertaken with the best of intentions and with no desire to
annoy anyone. Ironically, in attempting to build or perhaps enhance a
relationship with us, he has inadvertently caused me to question his skills
as a real estate agent. Why did he not pre-qualify us as people who would be
interested in receiving his newsletters? Why did he send us information
without knowing whether or not it was relevant to us and our situation? And
why did he think my idea of a dream home is the same as his?
Again, in the overall scheme of things, these issues are insignificant.
However, in a competitive industry like real estate, they become relevant
factors in the decision-making process. When and if it comes to pass that I
am looking for an agent for my own needs or to refer to some one else, who
will appeal most to me? The agent who doesn't know much about me and
continues to demonstrate this though his mailings? Or am I likely to be more
attracted to another agent who is prepared to take the time to get to know
my preferences, needs and wants?
Certainly today's user-friendly communication tools can improve the
effectiveness of marketing communications. And just as surely, these same
tools can bite the unwary agent who misuses them. User beware.
****************
About the Author:
Larry Easto is a business writer with more than 35 years
experience in small business. He is currently publisher of
www.real-estate-marketing-link.info
|