advertising workshop
TRANSCRIPT
Sutton UniversitySales and Marketing
Advertising WorkshopAdvertising Workshop
Sutton UniversitySales and Marketing
What You Will LearnWhat You Will Learn
Ad Layout BasicsAd Layout Basics
Creating An ImageCreating An Image
Expert TipsExpert Tips
Increasing Ad CallsIncreasing Ad Calls
Attracting New ClientsAttracting New Clients
Controlling Your BusinessControlling Your Business
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What You Will ReceiveWhat You Will Receive
If you’re looking for a way to increase your business then a planned advertising program will pay you dividends in increased traffic and more sales
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Did You Know?Did You Know?Over any given period, a company or individual who advertises below the industry average has sales below the industry average.
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What You Should AvoidWhat You Should Avoid
Whether business is good or slow, you have to Whether business is good or slow, you have to get your share of what is aroundget your share of what is around
Cutting back on your advertising puts you at a Cutting back on your advertising puts you at a disadvantage with your competitorsdisadvantage with your competitors
Increasing advertising gives you an edgeIncreasing advertising gives you an edge
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STEP 1: Create an IdentitySTEP 1: Create an Identity
Sketch your ideas out on a piece of paper and write a rough draft of your ad
Play with ideas until you get the correct effect
A carefully planned ad may bring you the customer you have been looking for to make that sale
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Ads with distinctive artwork, layout and copy enjoy a higher readership
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If you want the reader to single you out, don’t look like the competition.
Expert TipExpert Tip
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Step 2: Use a Simple LayoutStep 2: Use a Simple LayoutBe clever but never cryptic
The reader’s eye should move in a logical sequence:
1) Headline
2) Picture
3) Explanatory copy and price and lastly,
4) Name and company logo
An eye dazzling ad might get initial attention, but too many typefaces and decorative borders can turn attraction into distraction!
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Step 3: Have a Definite FocusStep 3: Have a Definite Focus
Display advertising is a visual medium used to draw the consumer’s eye to a well-chosen photograph or interesting artwork that will lead them to the home you’re selling.
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Step 4: Avoid CongestionStep 4: Avoid Congestion
Headlines should draw you in by being big and bold but not overpowering
Remember to use upper and lower case in your headlines – not all caps!
Don’t use borders as a focal point; they tend to hold the reader out
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Step 4: Avoid CongestionStep 4: Avoid Congestion
Don’t overcrowd your ad
Use white space to give your copy, room to breathe and draw the reader in
In ads where a large number of homes are featured, an extra effort is required to tell the story in the most readable, roomiest way
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Hot TipHot Tip
Use your sutton.com email address on all your ads to help increase your number of responses Using your sutton.com email will let
people know that you are part of a well-recognized brand
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HeadlinesHeadlinesHeadlines should appeal to your customer’s
needs while at the same time playing up other strong points
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Step 5: Tell the Whole StoryStep 5: Tell the Whole Story
Tell all the strong points there are to know about the home, such as area, size and price
Be enthusiastic to get across the message that you are behind your words 100%!100%!
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Step 5: Tell the Whole StoryStep 5: Tell the Whole Story
A block of copy written in complete sentences is often easier to read than phrases and random words, but the final judgement should be based on your intended audience.
A boldface lead-in and visual aids accompanying a copy are strong aids to readership.
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Feature Consumer BenefitsFeature Consumer Benefits
Your customer wants to know what’s in it for them before they make a serious purchase
If area is your focus, make that your eye-grabber
If price is your calling card, make that your banner statement
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Name Your PriceName Your Price
Readers will often overestimate prices, so you should not hesitate to list them
If your price is comparably high, then justify the higher tag with the home’s outstanding features
Emphasize the savings to the reader and tell them about any financing offers that are available
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Urge Your Readers to “Buy Now!”Urge Your Readers to “Buy Now!”
Ask for the sale
Limited time offer
Use persuasive words
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Avoid Excessive ClaimsAvoid Excessive Claims
The surest way to lose customers is to make claims in your advertising that you can’t back up
Go easy with superlatives and unbelievable values
Remember, if you claim your prices are unbelievable, your readers are likely to agree
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Many people distrust cleverness in advertising just as they distrust those that are too glib
Headlines and copy generally are far more effective when they are straightforward
Clever or tricky headlines are often misunderstood
Don’t Be Too CleverDon’t Be Too Clever
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Don’t GeneralizeDon’t Generalize
Be specific at all times
Shoppers want all the facts before they buy
Facts sell more
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Use Simple, Everyday LanguageUse Simple, Everyday Language
Many of your customers may not understand words that are familiar to you
Trade and technical terms may be confusing and misunderstood
Everybody understands simple language
Nobody resents it – so use it!
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Consumers Want InformationConsumers Want Information
Consumers are very careful and a little reluctant to spend
They want information
One of the main ways they get information about real estate and the markets is from advertising
Yours or someone else’s
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Consumers Look for this Type Consumers Look for this Type of News in:of News in:
Regional Newspapers Community Papers Ethnic Newspapers Classified Advertising Real Estate Newspapers
and Magazines
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Attract New CustomersAttract New CustomersFamilies are moving all the time:
So there is a steady flow of customers out of your market
AND A corresponding influx of new families who don’t
know you at all
Tell them about yourself!!
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A funny thing happens when you A funny thing happens when you don’t advertise…don’t advertise…
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Nothing!Nothing!
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Compete AggressivelyCompete Aggressively There is plenty of business out there
Your competitors are bidding for their share – and yours
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Compete AggressivelyCompete Aggressively
People will need and want homes
There are more Canadians working now than ever before!
Many of them are two income families which add to total family income
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Compete AggressivelyCompete Aggressively
You’re in competition for the consumer dollar with every other realtor in town
People have only so many dollars to spend and if they don’t spend them with you, they’ll spend them with somebody else!
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Advertising Is In Your ControlAdvertising Is In Your Control
You can’t do much about most factors in the marketplace:
• Rent • Labour costs• Price of inventory• What your competitors will do
But the one thing you can control is:
• Your Own Promotion!
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Advertising Is In Your ControlAdvertising Is In Your Control
Once you build up your business you can keep it going with a moderate, consistent advertising program
However, if you cut your advertising and lose your hold on the public’s awareness, you’ll find it much harder to build it up again
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Advertising Is In Your ControlAdvertising Is In Your Control
Your advertising is part of your sales force
Ads help pre-sell the customer and helps you close a sale faster
What saves you time saves you money!!
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Remember, advertising is not just the Remember, advertising is not just the COSTCOST of of doing business…doing business…
It’s a proven sales tool that returns It’s a proven sales tool that returns manymany times your investment in sales!times your investment in sales!