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Updated almost 11 years ago on . Most recent reply
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Hello to all great to be here
Most Popular Reply
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- Flipper/Rehabber
- Arlington, TX
- 2,225
- Votes |
- 1,893
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Welcome, Josh! The market up in IL seems to be heating up; I'm not surprised to hear you're getting good response. You're targeting a good list. To increase response rate AND the quality of your leads, consider these two factors:
1) FREQUENCY - hit that group monthly and you'll see response rate rise over time. Here's a free video on the "Rule of 7" about the topic of frequency with direct mail (or any form of marketing, actually).
2) MESSAGE - you want the right people to call you. I call it "self selection" into my offer. To get the right people to call, the messaging is critical. You need to touch on "pain points" that you can solve, and the people who have those pain points will call you. THINK OF IT FROM THEIR PERSPECTIVE. Don't be a "real estate investor". Be a "real estate problem solver" for people that need to move on with their life. To optimize your messaging, consider A-B Testing. Send half you list one card with one message and look, and send the other half of your list another card/letter with a different message and look. Let the data tell you what is working better. Throw out the loser and test again if you wish, putting a new challenger up against the mailer that did better in "round 1". You'll be surprised at what caused people to respond. Could be a picture or certain wording.
“The greatest success stories were created by people who turned problems into opportunity.” ~ Joseph Sugarman