Learn about the importance of multi-touch marketing in the land investing business and when to introduce texting. Discover the benefits of having a single source of truth and a dedicated CRM to streamline your investing. Hear about strategies for starting conversations with property owners, the significance of systems and multi-step marketing, and the innovative education provided by Land Investing Mastery. Explore various touchpoints in multi-touch marketing and recommended tools for real estate investors.
Implementing multi-touchpoint marketing strategies can increase chances of reaching potential sellers and nurturing leads over time.
Utilizing a sequential cadence of text messages, voicemails, and mailings can improve the response rate and identify qualified leads.
Deep dives
The Importance of Multi-Touchpoint Marketing
One of the main ideas discussed in this podcast episode is the importance of implementing multi-touchpoint marketing strategies in land investing. The speaker emphasizes the need to go beyond traditional methods like mailing and explore different channels such as texting, ringless voicemails, cold calling, and even cold emailing. By employing multiple touchpoints, investors can increase their chances of reaching potential sellers and nurturing leads over time. The speaker also highlights the significance of tracking engagement and updating property records in a CRM system to ensure effective follow-up and personalization in future marketing efforts.
Implementing a Sequential Cadence
Another key point discussed is the value of implementing a sequential cadence in marketing campaigns. The suggested cadence involves a combination of text messages, voicemails, and mailings in specific intervals. For example, the speaker recommends sending an initial text followed by a voicemail and a follow-up text around the 45-day mark. This sequence is repeated for several rounds over the course of a few months. By staggering the touchpoints and utilizing various communication methods, investors can improve their chances of getting responses and identifying qualified leads. The speaker also emphasizes the importance of updating CRM systems to manage and track these touchpoints effectively.
The Role of Technology and Systems
The podcast highlights the essential role of technology and systems in streamlining and growing a land investing business. The speaker emphasizes the need for real estate investors to embrace and leverage technology to automate processes, manage leads, and track marketing efforts. They mention the significance of having a reliable CRM system, such as Pebble, to serve as a centralized source of information and facilitate efficient communication with potential sellers. The speaker also encourages entrepreneurs to invest in team members or virtual assistants to handle time-consuming tasks like answering calls, managing emails, and implementing various marketing touchpoints.
The Importance of Getting Started and Taking Action
One of the key insights shared in the episode is the importance of getting started and taking action in the land investing business. The speaker encourages beginners to focus on completing deals and gaining practical experience before diving into more advanced marketing strategies. They emphasize the need to understand the business processes, develop a system, and identify the various stages of deal execution. The speaker also emphasizes the benefits of reading the book 'Buy Back Your Time' as a resource for optimizing business operations, prioritizing efficiency, and ultimately achieving success in the land investing industry.
Did you know that it can take over 10 touches, on average, to get a response and even more to actually close a deal?
The exact number of touches will vary but the significant point is that the days of sending a mailer and closing are largely in the rearview.
On this episode, we’re joined by land investing expert and systems guru Callan Faulkner who breaks down the importance of multi-touch marketing.
She also walks us through the benefits of texting and when to introduce it into your marketing plan as well as a breakdown of her own multiple-touch workflow – and so much more.
IN THIS EPISODE LISTEN AND LEARN:
When to introduce texting into your workflow (and how)
Why multi-touch marketing is critical to closing deals
How having a single source of truth and a dedicated CRM can transform and streamline your investing