Mail Isn’t Dead! Is Now the Time to Double Down on Mailers? (Podcast Ep#105)
Feb 22, 2024
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JT Olmstead shares his direct mail success story, emphasizing the effectiveness of scaling up mail operations. He delves into pricing strategies, KPI tracking, and the importance of consistent follow-ups. Discover his mailing strategy, pricing insights, and the impact of data analysis on business growth in this engaging episode.
Direct mail remains a powerful tool for land business success, as shown by JT Olmstead's profitable scaling strategy.
Consistently tracking KPIs like response and conversion rates is crucial for optimizing mailers and overall business operations.
Embracing discomfort and stepping out of comfort zones, as discussed in 'The Comfort Crisis', can lead to personal and professional growth.
Deep dives
Tips for Starting a Land Business
When starting a land business, it's crucial to find a differentiator to stand out in a competitive market. Focus on crafting your brand message and connecting with your target audience in a unique way. Whether it's by emphasizing your local ties or customizing your marketing approach, finding that special angle can help you break through the noise and resonate with potential clients.
Importance of Tracking KPIs
Tracking key performance indicators (KPIs) is essential for business growth and success. Regularly monitoring metrics like response rates, conversion rates, and performance indicators can provide valuable insights into your business operations. By analyzing and adjusting based on KPI data, you can optimize processes, improve efficiency, and make informed decisions for long-term success.
Embracing Discomfort for Growth
The Comfort Crisis, a book recommended by JT, highlights the benefits of embracing discomfort for personal and professional growth. By challenging oneself and stepping out of comfort zones, individuals can experience psychological and physical growth. This approach can lead to increased resilience, adaptability, and overall well-being.
The Joy of Collaborative Video Gaming
JT reminisces about his childhood joy of immersing himself in collaborative video gaming sessions. Sharing this experience with friends and family, playing for extended hours, and fostering connections through gaming highlights the value of recreational activities that provide social engagement and enjoyment.
Recommending Amy Broussell as a Guest
JT recommends inviting Amy Broussell as a guest on the podcast, noting her expertise in the land investing industry and her down-to-earth approach. Amy's valuable insights and experience can offer listeners practical guidance, industry perspectives, and relatable advice, making her a great addition to the podcast lineup.
You’ve no doubt heard the whispers that direct mail just isn’t cutting it anymore…is it true though?
Not according to JT Olmstead who’s finding HUGE success by scaling up his direct mail operation.
In fact, he’s built his entire business around direct mail.
Listen in as we peel back the curtain on how he’s been able to consistently make big gains with mailers. We’re digging into the type of mailer he sends most, how often and, critically, how he and his team lock in pricing (hint: lots of research goes into making no-brainer offers).
You’ll also learn how diligently tracking KPIs has helped JT streamline his mailers and land business; there’s just so much you don’t truly know about your business until you have the numbers in front of you.
If you’re having reservations about mailers, this episode is an absolute must.
IN THIS EPISODE LISTEN AND LEARN:
JT’s exact mailing strategy and how to work out pricing
How tracking performance weekly helps you optimize your processes
The importance of following up
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