Realty411 Magazine Feautring Memphis Invest | Page 46

The Business of Real Estate More Marketing = More Money Crystal Han from 360 Investments Reveals How to Get the Most Bang for Your Buck D oes more marketing really equal more money in the real estate industry? Real estate buying, selling, list- ing, lending, investing, holding, wholesaling, flipping, rehabbing, developing, inspecting, appraising, insur- ing, and closing are all considered a busi- ness; and to make it a profitable business, one must focus their time, energy, efforts and resources marketing its business’ prod- ucts and/or services to its target audience. You must first consider what your business is offering to its customers and figure out what will set you apart from the competi- tion. The most important element is de- termining your mission and to create your unique mission statement that will reflect who you are, what you do, and why you do it. There are so many marketing strategies you can utilize in your real estate business and the more you do, the more money will flow to you. Branding. Creating a brand that your customers recognize with a name, slogan and/or logo is a great tool many companies use to separate themselves from their competition. It is also highly recommended to consult with a patent and trade- Realty411Guide.com mark attorney to make sure your branded name, slogan, and/or logo are available to register. Also, start to check out domains with the brand name to make sure “.com” or “.net” is available as well. Your brand should symbolize your business iden- tity and follow your mission. Market your brand through business cards, promotional products, brochures, stationary, car magnet and/or car wraps, stickers, banners, and anything else you can think of. Our company name, 360 Investments® was created to represent an all encom- passing real estate investment company that provides all the tools, research, op- portunities, education, and contact sources to our selective client investors accepted into our circle. Our company name and logo has been registered with the US Patent and Trade Mark Office so no other similar names or logos can be used. We spent a lot of money pro- tect- ing our marks and we consider it a wise investment. Advertising. There are many ways to advertise your business to reach its target audience such as TV/Cable, Magazines, News- paper, Radio, Emailing Cam- paigns, Mailers, Postcards, Letter Campaigns, Door Hangers, Google Ad words, sponsored PAGE 46 • 2011 links and banners, Facebook Ads, and much more to choose from. Determine what fits your budget and remember that repetition is key, meaning repeating your advertising methods at least 5 to 7 times before seeing the fruits of its labor.  Our company under- stands the importance of advertising and therefore continues to spend advertising dollars in magazines like Realty411, email campaigns/eblasts, and mailers. Title rep- resentatives are a great source to get farm- ing list/packages with tailored information to target your mailing campaigns such as letters to all out of state owners who may be distressed and motivated to seller their property. Online. With the internet accessible to most people these days, it has become increasing popular to use online marketing strategies. First and foremost, your business should have a website with information about your company, product, services, experience, background, and contact information. Your web pages should include coded key terms for proper search engine optimi- zation (SEO) so that potential customers can find your website based on the words searched. Send out content rich newslet- ters to keep them up to date with news, events, announcements, and information. Another popular approach is to create a blog that uses key terms in its title entry and have important words in the description following the title. Social media networks such as Twitter, Facebook, LinkedIn, and YouTube are great tools you can use to Continued on pg. 54 reWEALTHmag.com