Hey Guys,
I am seeking some advice about starting a direct mail campaign. I currently live in Raleigh NC and have a limited starting budget. My starting niche is wholesaling to build capital for my business. As part of the budget, the initial start up cost will be:
LLC set up cost: $300
PO Box: $ 50
Office start up $200 (This includes laser printer, business cards, paper, etc.)
Total: $550
This leaves an estimated amount of $1,450 left for direct mail marketing. I currently have a business phone number which I pay for monthly that will not be included in this cost. I have located a list of absentee owners which will cost $100 at $0.10 each and a list of vacant houses for $250 at $0.50 each for a total of $350. The last $1150 will cover the cost associated with persistent marketing and weekly mailings.
ADVICE:
How would you use your savings to get started? Would you obtain a list of absentee owners? What about vacant houses? Would you spend more on your list? What kind of advice can you give about marketing with a budget such as mine?
Thank you in advance for your help and support!