|
Innovations are a mixed blessing. Because new
developments offer the potential to improve personal or work lives, many people
welcome the latest advances. Conversely, the newest way of doing things also
carries the potential to annoy many people.
Take for example, current technology that simplifies how
we can communicate with others. Using hard copy format (aka paper), we can send
messages by hand, regular mail, courier and various print media such as
newspapers, magazines and books.
Electronically, there is a wide range of
telecommunications including wireless and Internet-based formats. As a person interested in marketing, I
understand and value the contribution that today’s technologies make to
marketing communications. However, as a consumer, the misuse of these
technologies drives me crazy.
Newsletters are one of the most popular and potentially
effective of all marketing communications. Suitable for distribution in hard
copy or electronically, they are ideal vehicles for keeping in touch with
prospects, clients and network contacts. Properly used, they can enhance
agents’ credibility as knowledgeable real estate authorities.
Inappropriately used, they have the opposite effect:
instead of reinforcing credibility, they can raise questions about an agents’
basic competence.
Through membership in the same organization, my wife and
I have become acquainted with a real estate agent who is building his
business. One component of his business
development plan is the use of printed newsletters and Christmas cards. In
building his list of contacts, he has taken our names from the membership list
of the organization to which we all belong. And with list assembled, he has
started regular mailings to his contacts, including us.
I am less concerned that he is mailing to us without our
consent than I am puzzled by why he considers us prospects. We have never
discussed either real estate in general or our housing preferences in
particular. I am no more sure that if I were looking for an agent he would be
the right one for me than I would be a suitable client for him.
Unfortunately the mailings confirm this uncertainty. With
content apparently mass produced by a third party, the newsletters are very
generic and contain little information that is relevant or of interest to
me. In creating the image of a dream
home for last year’s Christmas card, the agent described a scenario that is
about as far from my ideal home as it’s possible to be. It may well have been his vision of a dream
home; it certainly wasn’t mine.
In the overall scheme of things, receiving several
mailings a year from this agent is not a big deal. These mailings do however
illustrate the down side of the ease of communicating, especially sending
newsletters. Certainly it’s easy to assemble a list of people to whom
newsletters can be sent. But just because you have some one’s name and address,
does that automatically mean that person is interested in hearing from you, let
alone choosing you as their real estate agent? It’s also very simple to
purchase pre-packaged newsletter content for distribution to your contacts, but
how effectively does this satisfy their need for useful information?
Undoubtedly, like many marketing programs, the agent’s
newsletter initiative was undertaken with the best of intentions and with no
desire to annoy anyone. Ironically, in attempting to build or perhaps enhance a
relationship with us, he has inadvertently caused me to question his skills as
a real estate agent. Why did he not pre-qualify us as people who would be
interested in receiving his newsletters? Why did he send us information without
knowing whether or not it was relevant to us and our situation? And why did he
think my idea of a dream home is the same as his?
Again, in the overall scheme of things, these issues are
insignificant. However, in a competitive industry like real estate, they become
relevant factors in the decision-making process. When and if it comes to pass
that I am looking for an agent for my own needs or to refer to some one else,
who will appeal most to me? The agent who doesn’t know much about me and
continues to demonstrate this though his mailings? Or am I likely to be more
attracted to another agent who is prepared to take the time to get to know my
preferences, needs and wants?
Certainly today’s user-friendly communication tools can
improve the effectiveness of marketing communications. And just as surely,
these same tools can bite the unwary agent who misuses them. User beware.
|