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Nothing Beats Low-Cost Email Marketing for Boosting Sales
If email
newsletters are not central to your real estate marketing
strategy, you are missing the boat. Email marketing gives
more "bang for the buck" than any other form of promotion:
|
Advertising Medium |
Cost/Piece |
% Viewers |
|
Email |
$.015 |
15%-70% |
|
Direct Mail |
$.50-$1.00 |
50%-100% |
|
Flyer |
$.10-$.75 |
50%-75% |
|
Newspaper Ad |
$25.00-$600.00 |
10%-50% |
|
Pay-Per-Click |
$0.45-$10.00 |
0.5%-10% |
Email marketing offers real estate professionals significant
advantages:
1. As seen above, the return-on-investment can be
astronomical!
2. Whereas other forms of advertising are shot-gun
approaches, email marketing can be very targeted by using
segmented email lists.
3. By building opt-in email lists, recipients have already
agreed to receive emails about certain topics, and email
delivery percentages dramatically increase rather than
winding up in a spam folder.
4. Opt-in email lists available from third parties can also
be utilized to target specific demographics or geographical
locations.
5. Email marketing also promotes relationship building for
future real estate business and client retention..
6. Email marketing often enjoys viral benefits, wherein your
emails are forwarded to friends, family and colleagues.
7. Email marketing can be used for a variety of purposes,
such as promotions, newsletters, event management and online
surveys.
8. Autoresponders allow automated email responses and
follow-ups to be preprogrammed, enhancing sales
productivity.
9. Email results can be tracked - the number of opens, the
number of clicks, etc. Moreover, you can actually determine
who clicked on what link in a newsletter, for example, and
then further segment your email list according to interest.
Eventually, one can derive highly-targeted email lists
consisting of pre-qualified recipients.
In short, email
marketing is the least expensive, most productive means of
reaching clients, nurturing prospects and pushing your
message to the marketplace.. If your company is not doing
email marketing, you are foregoing a huge opportunity to
boost sales!
About the
Author
Al Kernek is a
small business marketing consultant and the author of
"Put Your Business Online." To learn more about increasing
sales using low-cost, effective Internet marketing
techniques, visit
www.smallbizsmartmarketing.com
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