SCAOR.com Home Page  |  REALTOR® Code of Ethics  |  Contact SCAOR
         
Ronnie REALTOR®

Drip Marketing

Drip Marketing

I was introduced to a new concept recently called Drip Marketing - or Drip Newsletters. It's a method of sending newsletters to your clients on a more personal level. Today, so many REALTORS® are taking advantage of the Internet, and Drip Newsletters will help you in your computer education.

I found the following article in REALTOR® magazine and thought it was worth sharing with you.

TECH@WORK: Lead Generation

BY MICHAEL J. RUSSER

E-market effortlessly

Take the grind out of Internet client cultivation.

To many salespeople, email drip marketing is the ultimate fantasy-a powerful way to stay in contact with previous clients and cultivate new prospects without having to pick up a phone or knock on a door. If you aren't aware, these click-and-forget systems let you automatically send a series of timed email messages to any group of people with a common interest-first-time buyers, move-up sellers, and so on.

But today, with the increase in junk email, drip marketing campaigns face hurdles-getting your message read, ensuring your messages will be perceived as valuable by customers jaded by spam, and complying with the new anti-spam law.

The solution? Deliver value-added content at three specific points in the sales cycle to people you can legally contact.

  1. Pre-transaction cultivation. Drip campaigns, such as regular email newsletters and market updates, can help build rapport and trust with prospects from the time you've made initial contact to the time they're ready to buy or sell.
  2. Topic options: home improvement ideas and tips for improving credit.

  3. Transaction support. A drip campaign is a great tool to help your clients stay current on their transaction's progress. With regular email updates, you'll cut down on calls about whether the buyers have been approved for their mortgage or when the home inspection is due. Topic option: a reminder to pay all utilities before closing.
  4. Post-transaction marketing. After closing is an ideal time to use a drip marketing campaign to build referrals. Regular email will keep you in the forefront of past clients' minds.

Topic option: a reminder to rekey the home after closing.

Can the spam
Keep in mind that drip email should never be used to generate new leads. It'll work only with leads who have already given you permission to email them. Otherwise, you're spamming prospects and damaging your goodwill.

New federal commercial email rules also now require that you include a return email and postal address on all email, a functioning opt-out mechanism, and a clear notice if the email message includes an advertisement or business solicitation.

Most important, each drip email message you send must be perceived as highly valuable to recipients or they'll quickly become annoyed.

Get help
Several companies sell real estate-specific tools that do a good job of drip email.

  • Intersend. One of the easiest drip email systems to set up and use, this program can be run from your Web browser. It comes complete with prewritten campaign options, which saves you time but may also limit your marketing flexibility. Cost: $29.95 per month.
  • Sharper Agent. This system lets you divide your contact list into more subgroups than Intersend, so you can target your message more effectively. It also offers a broader range of materials, including custom flyers and postcards. Web-based Sharper Agent, which offers both drip email and snail mail, also does a great job of keeping track of all contacts made through the system. Cost: $29.95 per month.
  • Gooder Group. This company's Rainmaker e-Central system has great prewritten campaigns, including newsletters and reports, and a suite of real estate lead-generation products for both print and Web. The program can have a steep learning curve; however, so it may be best run by a skilled assistant. Cost: $78 per month, plus a one-time setup fee of $199.

Used wisely and legally, drip email marketing can help grow your leads into a bushel of business and referrals. Misused, it can drive business away.

Russer, better known as Mr. Internet, is a technology speaker, trainer, author, and consultant.
Read his column every month at REALTOR.org. Contact him at help@askmrinternet.com.

See you next week!

Back to Ronnie REALTOR® Archive >>



Advanced Customer Service Systems
Licensed from CyberVillage Networkers, Inc.
©2010 Sussex County Association of REALTORS®
23407 Park Ave., Georgetown, DE 19947, USA
(302) 855-2300 - fax: (302) 855-2319 - info@scaor.com
Last Modified 1 April 2009.