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Updated over 11 years ago,
Competition in Direct Mail Marketing
Hello everyone,
I am fairly new to real estate investing, and I wanted to get people's opinion on direct mail marketing and competition. I recently did a mail campaign, and only got about .5% response rate. In speaking with one of the leads that called from my postcard mentioned that he has received several other postcards from other investors. (Unfortunately, I don't think I will be able to turn this lead into a deal either). This got me to thinking, how many other pieces of direct mail have my potential leads already have received, and how do I stand out or get better at this type of marketing.
I've heard the argument, that just because someone got 10 postcards from other investors, doesn't mean they won't call you because they weren't needing to sell with they received those cards, and maybe yours will hit at the right time. Any other thoughts?
Thanks!