Tag Archives: press releases

How to find more leads for your real estate or financial business

January 26, 2012

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Real estate leads, Financial leads

In this business, your success is entirely dependent on leads. The more leads you have, the better. So where do you find these leads?

HOW TO FIND LEADS

First, start with you.
List you all the different places in life where you interact with other people. These are called your “spheres of influence“. List as many spheres of influence that you have. (By the way, you probably have more than you realize).

Some common spheres of influence include:

  • Immediate family
  • Extended family (don’t ignore family who may not live nearby!)
  • Close friends
  • Friends
  • Acquaintances
  • Current co-workers
  • Previous co-workers (list all of your previous jobs)
  • Alumni (college and high school)
  • Church (past and present religious affiliations)
  • Charity connections
  • Other organizations (Toastmasters, etc.)
  • Online connections (Twitter followers, Facebook friends, people you frequently talk to in forums)
  • People you do business with (accountant, dry cleaner, mechanic, dentist, etc.)
  • Current clients
  • Past clients (past clients at your current job and past clients at your previous job… Just make sure that you are complying with any non-compete clauses if your are still in the same industry)

Second, list names
List all of the people by name in each sphere. Yes it will take a long time but the more time you spend being thorough right now, the more successful you will be later.

Third, gather contact information
Figure out how to get in touch with the people. If you know their number or email address or postal address, great! Collect it all into one place. I suggest a database of some kind.

Fourth, identify how you can help them
This step is optional but I think it helpful. Figure out how you can help them. If you’re a real estate professional and they are renters, you’ll likely be able to help them buy their first home. If you’re a financial advisor and they are near to retirement, you’ll likely be able to help them transition their portfolio into safer, income-producing investments while minimizing tax consequences.

If you really want to improve your odds, check out this blog post: 6 sales funnel tips for real estate professionals (it applies to financial professionals, too!)

Fifth, get in touch with them
Using whatever method you have identified (face-to-face, phone, email, or postal mail), get in touch with your contact and let them know what you do and make a recommendation about how you’d like to help them.

Chances are, one of the following things will happen:

  • They will become your client
  • They will hedge a little; they won’t commit, and they’ll tell you that they’ll think about it
  • They will tell you no
  • You won’t reach them or they won’t respond

If they become your client, that’s great. Congratulations! However, most people will fall into the second category and some people will fall into the third category. In those situations, thank them and let them know that if anything changes, you’d love to help them. Ask them for permission to stay in touch and collect any contact information you don’t have (so you can email or mail them something). Don’t delete the ones who never responded; just keep them on file and from time to time reach out to them.

GET EVEN MORE LEADS

Now that you have this list started, it’s time to generate even more leads. Here are three ways:

  • Add another sphere of influence. Join a group, join the gym, get involved in a new organization, volunteer for a charity, etc.
  • For each of your leads (yes, that big list you just created earlier in this blog post), do the same exercise and write down THEIR spheres of influence. Sure, you might not know their names but just get down the spheres of influence first. Then create a strategy to approach those people and make a request like: “Can you put up my business card on the bulletin board at your work?” or “can I put on a presentation about insurance in the lunch room at your office?” Make sure to keep the request easy for them to do. Remember: They won’t agree to anything that makes them uncomfortable!
  • You probably already have a website that is geared to people who are ready to become clients. (Most real estate and financial professionals have a site like this). Move up your sales funnel and create content that is geared toward lead generation instead of prospect conversion. For example, a real estate professional might want to create content that answers some earlier stage questions like “should I buy a home right now?”. You can do this on your own site, or start another site, or use internet marketing (like articles and press releases and social media) to help you drive traffic to your website.
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3 steps for real estate professionals to dominate local search

January 12, 2012

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It doesn’t make much sense for someone to type in the word “real estate professional” or “REALTOR” and find your website or blog in the search results. If they’re in Dustytown, Australia and you’re in Wausau, Wisconsin, there’s not much you can do to help them.

So you need a plan to focus your search engine optimization on only your most likely prospects. So where do you start?

STEP 1: FIGURE OUT WHAT YOUR TARGET MARKET IS LOOKING FOR

Well, you first need to start by figuring out who your most likely prospects are. Are they people moving into town from out of town? Are they people buying or selling within town? Do you have an even more focused niche than that? (Hopefully you do).

Each of these groups is looking for something different.

If your target market is military families who are moving to Wausau, Wisconsin from elsewhere to work on the ultra-secret military base then they are searching the web for very different terms than if your target market is soccer moms and dads who are looking to sell their first home and upgrade because they have baby #3 on the way.

Figure out what your target market is looking for and the types of words they are using to search online.

STEP 2: GET THE SEARCH TERMS

Head over to Google’s Keyword Tool and type in some of those words into Google’s keyword search. In the example below, you see I’ve done that with the fairly generic term “Homes for sale Wausau Wisconsin”…

By the way: The key here is to combine an action verb — “buy home”, “sell home”, “list home”, “find home” — with a location — in this case “Wausau Wisconsin”. Don’t forget to try mixing words like “buy house” instead of “buy home” and also try the short form of your state instead of the full name (or, drop the state altogether and see what the results are).

When you click the Search button you get the result of your search…

And just below that, you get a big list of ideas that are similar to the terms you’ve written…

This list is useful because it shows you related keywords that people are searching for that you might be able to use.

Find a few that you want to focus on — somewhere between 3 and 6 keywords. If you help people buy AND list homes then consider focusing on 3 buying-specific keywords and 3 listing-specific keywords.

STEP 3: USE THOSE SEARCH TERMS EVERYWHERE

You’ve found the terms that your clients are looking for. Now it’s time to use those search terms everywhere. Use them in the following places:

  • In your website domain name
  • In your website title and subtitle
  • In the title of your blog posts and web pages
  • In your article marketing (in the title of the article and in the text)
  • In your press releases
  • In the title of your ebooks
  • In the title of your print book
  • As the name of your ezine
  • In the title of your Storify locally-focused stories
  • In your Twitter description
  • … and anywhere else that you put online and offline

Mix and match them. Pepper them throughout your work. “Own” the words by making your brand synonymous with those words.

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My 5 favorite content channels

October 18, 2010

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I’m frequently asked by clients where they should concentrate their efforts while marketing their business. They know that the right content in the right channels can make a significant and positive impact on their business but there are so many choices!

Of course, every business is different but here are a few that I recommend frequently (in no particular order):

  • Blogs
  • Articles
  • Twitter
  • Press Releases
  • Reports

I’ve found that a significant effort in each of these options can help to grow a business with better search engine optimization, better positioning, more traffic, and higher sales. I’ll briefly touch on each of these content channels and how to use them in your business.

CONTENT CHANNEL #1: BLOGS
I think there is no better value for your business than to have a blog that you post on regularly. A blog provides you with a direct voice to your consumers that seems more intimate than an article while also offering a way for them to communicate with you (through comments) around the stories you tell.

Furthermore, a blog is like a laboratory where you can share your thoughts and develop ideas, even if they are not fully thought-through.

Here’s how to grow your business with a blog:

  • Make sure you have a branded blog (a blog with a .wordpress or .blogspot in the domain name is okay but not as good as one that is entirely yours).
  • Try to post three times a week minimum.
  • Keep posts between 250 and 1000 words, but an average of 400 to 500 is good to aim for.
  • Develop a list of topics you want to write about so that you are never at a loss for what to say.
  • Identify 3 keywords that are important to your business and make sure they are in nearly every blog.
  • Don’t be afraid to let your personality shine through. People visit blogs to read blogs with the full understanding that they are one person’s take on a situation.
  • Each week or month, stockpile a handful of blogs in your “drafts” folder that you can publish at a moment’s notice if you find that you do not have time that day.
  • Avoid overtly selling in your blogs but a self-promotional link or advertisement in the footer or sidebar of your post is appropriate.

CONTENT CHANNEL #2: ARTICLES
Even though there are millions and millions of articles out there right now, there is still space for you. Articles continue to be a powerhouse traffic-driver for many businesses.

You can use articles to position yourself as a leading thinker in your industry. That will drive highly qualified traffic to your site.

Here’s how to grow your business with articles:

  • Create a publishing calendar so that you have enough articles to publish 1 a week for 6 months to a year. If you can hire someone to write your articles, you may want to consider doing more (say, 1 a day). However, most people don’t have time to write 1 article a day without the help of a professional. (You’ve got other things to think about!)
  • Aim to keep your articles between 450 and 600 words. Some articles are suitable to use words like “I” and “me” but many articles are best when they use a more neutral voice. This helps them to appear more credible. Save the “I” and “me” voice for your blog.
  • If possible, prewrite and stockpile as many articles as you can so that you have some on hand for when you’re too busy. (This is frequently a marketing channel that is neglected when things get busy).
  • Look around for highly trusted sites to publish your work on. Consider who the target audience is first, but don’t forget to take PageRank into consideration.
  • Write content that is highly valuable to readers. One easy way to think of topics is to consider a question your audience has. Make that question your title and then respond to the question in the body of the article.
  • Use the resource box to promote yourself.

CONTENT CHANNEL #3: TWITTER
Twitter really burst into the mainstream in 2009. Soon, business was being conducted in tweets of 140 characters or less. Twitter will continue its strong position in the market in the near future but now that the “honeymoon” period is over, users are forced to make sure that are doing the right things to be effective.

Here’s how to grow your business with Twitter:

  • Remember that Twitter is a social network. People don’t want to be sold. They want to build relationships with others. Leave your hardselling techniques for your website and instead focus on sharing yourself with your followers.
  • Twitter is a microblog so if you’re not sure what to write, just think of it as a blog… only smaller. It’s okay to talk about what you’re doing or where you’re going or a movie you just saw. Contemporary business does not separate business life and personal life but finds a balance between the two.
  • Use a URL shortener like bit.ly to compress long domain names into manageable ones.
  • You can keep your social engagement manageable by engaging with a small handful of people on a regular basis and with your broader network slightly less.
  • Although most tweets should be written in the “here and now”, there is room for some pre-written tweets which can be scheduled to post later at HootSuite.
  • While you shouldn’t sell on Twitter, you should make sure that your bio points people in the right direction so that when they are ready to buy from you, they can find you easily.

CONTENT CHANNEL #4: PRESS RELEASES
Press releases continue to be a solid producer of results and, thanks to the way the web has changed how we do business, press releases are now a channel that can be accessed by the media (just like they’ve always been) but also by consumers. Press releases provide a way to get into Google News rapidly and get relevant backlinks.

Here’s how to grow your business with press releases:

  • Make sure that whatever you are writing about is newsworthy. Too many businesses write about non-newsworthy content and try to pass it off as a press release.
  • Keep your press release to 400 – 600 words. Much longer than that and people simply won’t read it.
  • Make sure you have some contact information inside your press release.
  • A press release should be written from the point of view of a journalist (so you should refer to your business in the third person). However, be sure to include quotes in your press release and those can be in first person and are ideal to promote yourself.
  • Don’t be afraid to spend money on distribution. Businesses frequently hire me to write press releases but then release them through a free service which is often less credible and very limited. PRWeb is the best service with paid distribution services between $80 and $360.
  • Typical newscycles are a month or less. So consider publishing a press release each month about your subject.

CONTENT CHANNEL #5: WHITEPAPERS AND REPORTS
Reports or whitepapers are highly credible positioning documents that businesses can use to demonstrate thought-leadership on a subject. While some reports may not generate huge amounts of traffic or be solely responsible for a sale, they play a key role in driving more traffic and more sales by compelling people with their credibility. A business that wants to rapidly achieve the status of an authority on a topic should produce reports or whitepapers.

Here’s how to grow your business with whitepapers or reports:

  • Create a publishing calendar and plan to produce at least one report every quarter or, better yet, one report every two weeks.
  • Aim to publish reports that are at least 3 pages (not including a cover). However, reports of 5-20 pages are better. Reports of a hundred pages or more are not unheard of but will need to be extremely valuable for customers to read them. (After about 40 pages, you may want to consider breaking it up into 2 or 3 reports).
  • Reports need to strike the balance between being thought-leadership pieces and being relevant for consumers. It’s okay to produce a report that anticipates trends a hundred years from now… as long as your business is also producing reports that address immediate needs.
  • Good report topics should combine high quality information with high value applicability so that readers can apply what they’ve learned.
  • While not always necessary, reports may be considered more authoritative if they have links and footnotes.

There are, of course, many other content channels out there. These are my favorite and I’ve seen them produce good results for clients. The important thing is not to adopt as many content channels as you can, but rather to find the right mix of content channels to reach your target audience.

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