Strategies for soliciting new clients.
You may already be using many of the marketing approaches we recommend below in your day-to-day business. However, you
’ll now need to tailor your messages towards your clients specific needsHere are some basic marketing strategies to help you get started.
Start with the basics.
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Print or reprint business cards to highlight your commercial lending expertise•
Develop signage and simple fliers for real estate seminars, meetings, conventions, and other professional events•
Create on-hold messages that talk about the benefits of doing business with you•
Request and cultivate small business referrals from existing clientsConsider canvassing.
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Get out of the office and talk to small business people and commercial property owners directly•
Scan local business papers for small commercial real estate transactions to compile a list of possible clients•
Check title companies, courthouse recorder of deeds, the local tax assessor’s office, the Internet, and business-to-business directories for good leads•
Leave your business card and fliers at the offices of potential clients – and be sure to make follow-up callsBe direct.
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Write personal direct mail letters, introducing yourself and your business to potential clients•
When writing a direct mail letter:–
Find the names of the people you want to reach and address the letter directly to them–
Write the letter from your prospects’ point of view, considering their specific needs and objectives and how you can help them achieve those goals–
Provide your phone number so they can reach you–
Tell them that you will call them within the week – and be sure to follow up•
Create low-cost postcards to generate additional businessUse email.
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If you have the email addresses of clients and prospects, send regular business updates and sales promotions to encourage more business•
Use targeted email lists. There are a number of Internet-based services that can provide you with lists for a reasonable price. Here are some sites to explore:- www.mailworkz.com - www.powerhomebiz.com - www.massmailsoftware.com
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Create a short e-newsletter with your recent real estate closings and small commercial property listings•
Include opt-in sign-ups for your e-newsletter and build a truly relevant personal email list – the most successful kindCatch prospects on the web.
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Have a professional web developer create and host your website•
Update it regularly with recent closings and current real estate listings•
List your site on your business card, promotional materials, e-mails, ads, and radio spots•
Drive traffic to your site with special promotions, search engine listings, and banner advertisingPut your name in print.
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Consider running print ads in local and national real estate publications•
Try running a small ad in the real estate or business section of your local paper•
Check out ad sizes and prices for a variety of publications to determine the best value, and if it’s worth running an ad at all•
Be aware that every publication will have different specifications for ad sizesGet on the radio.
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Check for local stations that offer real estate, investment, or small business shows/segments•
Review radio station demographics to ensure you’re reaching the right audience•
Create radio spots that are as entertaining and memorable as possible•
Repeat your phone number and/or website a couple times in each radio commercial•
Be aware that radio stations will write your commercials and use on-air talent to help you save moneyTrack results.
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Whatever marketing tools you choose to use, be sure to track responses to determine which ones are most effective for you•
After trying a good mix of marketing media, consider paring down to the ones that work best for your business
Banks say NO! I say YES!
call 800.464.1950
www.scottschneider.info
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Licensed Broker in OR&WA
Private Money, Nationwide(Mostly West Coast)
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