Direct mail vs. Door Knocking - Pros and Cons
I think weve all heard different speakers say different things about marketing. Some say that you should knock on as many doors as possible. Others say that signs are the way to go. Some talk about direct mail. Others swear by newspaper ads. Over the next several weeks, well look at the pros and cons of each. Today, its door knocking vs. direct mail. Who is gonna win?
Direct mail. Hands down. Theres no doubt in my mind. Ill put my money on it every single time. Why? Lets discuss.
First, door knocking obviously takes up a lot of time. Lets talk about time for a second. Its the one thing that Bill Gates cant make more of, Warren Buffet cant buy more of, and Donald Trump cant build more of. If theres one thing your daily schedule is ruled by, its time. Why would you spend an entire day going from door to door when you can acheive the same results by sending out a direct, targeted mail campaign to the same folks, sitting in your underwear at home and still have time leftover for internet surfing, watching your favorite show on TV, or spending extra time with your kids (my personal favorite)???
Door knocking is not necessarily cheaper than sending out letters. People assume that letters have to go out in lots of 100. Not true. You can send out as many or as few letters as your budget will allow. With current gasoline prices being what they are, you will probably spend more money going around and knocking on doors all day, using up a tank of gas than you would if youd mailed the same, targeted group of folks.
Lets talk about what you say when the door opens. Can you guarantee me, 100% of the time, that when the door opens you know exactly what to say, can say it in 200 words or less, never fumble or um and uh your way through the presentation, and answer every single one of the sellers questions while youre there? I can with direct mail. I can tailor my message to say exactly what the seller needs to know about how I can help them with debt relief, job relocation, marriage, etc. and I have as long as I need to get the message perfect. And I can do it for $1.00 per letter. I doubt many can say the same thing about door knocking - especially if youre just starting out!
Just from these 3 points, I already will make a strong argument for direct mail. I could go on all day long, but will spare you today. But I can hear you now:
But, I cant write my own sales letters, besides, what would they look like???
Maybe you dont think you can do it. Maybe you need proof.
xxxx Overbend Trail, Suwanee, GA 30024
Yepper. I bought that $341,500 house (Dont laugh, in Georgia thats above the median price range) off a $1.00 direct mail letter to the sellers.
Im getting a 20% response rate on my mailings. The industry standard is 1%. What are you getting?
At any rate, Im hoping that youll see that direct mail can utilize your current marketing budget, whatever that may be and save you something you can never get back. TIME. Give it a shot. You never know how much money you could be making right now.
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To read more about marketing to buyers and sellers, check out Rachels blog about all things real estate at http://www.bigcheesemarketing.com To your marketing success, Rachel Young Article Source: http://EzineArticles.com/?expert=Rachel_Young |
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