Printer Friendly Version E-mail this article to a friend! Sound Off about this article!

Mr. Internet!
(Click Here to go to his site)Ask Mr. Internet!
 
Dear Mr. Internet:
I'm receiving plenty of inquiries from my Web site, but many of them are not ready to do anything for several months.  How do I keep their interest in the interim so when they are ready, they'll think of me?
   
Frank Tierney - Broker
RE/MAX Homes Northwest
Lake Zurich, IL
  
Dear Frank:

Welcome to the world of the Internet Empowered Consumer (IEC).  In fact, recent studies of IEC behavior suggest that the vast majority of online leads may be months away from taking action.  This is mostly due to the fact that the Internet allows them to do a considerable amount of advance research at their leisure.

It used to be very difficult and time consuming to keep these folks interested during their "information gathering" stage.  Well, not any more!  Thanks to the advent of e-mail "drip-marketing" systems, the entire process of staying in touch and even growing the relationship with online prospects can be completely automated.

Campaigns For Success

An e-mail drip-marketing system consists of one or more targeted "campaigns" where each campaign contains a series of e-mail messages that are automatically sent to a contact (either prospect or current client) who has been subscribed to the campaign.

For example, suppose a first time buyer prospect stopped by your site and requested more information.  You could offer to include them into your "free" series of educational e-mails (i.e. your First-Time Buyer campaign) about the entire purchase process.  The following table gives you an idea on how this particular campaign might be structured:

Day #

Message Sent
0 Introduction - gives a brief overview of what they will learn and when over the course of the campaign (helps build expectations).
7 Assessing Needs - helps them through the process of realistically determining what they really need and want in their first home.
14 Financing - a review of the complete financing and pre-qualification process.
21 Searching For Homes - how to search for homes that meet their requirements and what to watch out for.
28 Making The Offer - structuring the offer for maximum likelihood of seller acceptance at the best price and total protection.
35 After The Offer Is Accepted - a checklist of things that need to be completed prior to close.
42 Closing The Purchase - the do's and don'ts of the closing process.
49 Using A Professional - the advantages of using a REALTOR
54 Owning The Home - helpful hints on how to maintain, improve, and obtain the highest enjoyment from their newest investment.

The Day # indicates when the contact will be sent the respective message. Messages set to go out on Day 0 are sent immediately upon entry into the system.  It's important to note that each contact in a particular campaign will receive their messages relative to when they were first entered and completely independent of when anyone else in the campaign receives theirs.  Most drip-marketing systems allow you to adjust when each message will "fire" within a particular campaign.

The beauty is that you can have can have campaigns for any number of target markets or situations, such as: FSBOs, Condo Buyers, Buyers After Close, Sellers, Relocation, Waterfront Property, etc.  Once set up, this kind of a dynamic, interactive program will start converting prospects to clients like clockwork!

The Devil's In The Details

There are two aspects to consider when choosing an e-mail drip-marketing system: a) The online or software "engine" that manages the entire process; b) The messages sent within the campaigns.  And they are both extremely important. (NOTE: I'm going to restrict my discussion to online, Web-based systems since they tend to be much more automated and "hands off" than any software solutions that reside on your computer).

There are three Web-based (i.e. controlled through any Web browser) e-mail drip marketing systems worth mentioning, each with their respective advantages and disadvantages depending upon your skill level:

  • iPersonalservice (http://www.ipersonalservice.com - beginners) - this is the simplest of the three and the least flexible.  It offers essentially only one campaign, however you can modify the pre-written messages to some extent.
     
  • Intersend (http://www.intersend.com - intermediate) - allows you to create as many campaigns as you want and currently offers about 16 default campaigns which you can modify or add to as you wish.  Some of the pre-written messages in these campaigns are okay, but could be improved upon.  Also, you have limited ability to adjust the look and feel of the messages that go out.
     
  • Proautoresponder (http://www.proautoresponder.com - advanced) - this is by far the most powerful e-mail drip marketing engine I've ever come across.  It gives you the ability to create unlimited campaigns, containing unlimited messages, going out to an unlimited number of contacts.  Messages can be sent in both Text and high-impact HTML formats simultaneously where the recipient's e-mail software will automatically choose the correct format for its display.  Also, it automatically senses AOL recipients and will adjust any links (just for their messages) to be "clickable" (and that's important considering that so many online prospects come from AOL).

    You can sign up contacts manually or they can opt-in to receive one or more of your campaigns (simultaneously) through a simple Web form on your site.  The system can also be set to notify you when someone signs up.  For even greater impact (increasing response rate by up to 300%) you can also attach your voice message that will automatically start playing the moment the recipient views their message!  This system will also track when they opened your message and what links they clicked and when --incredibly valuable intelligence to help you determine just how effective your campaigns are.  All this for currently less than half the price of the other two systems1.  The only "disadvantage" is that it does not come with any pre-written messages (typically not an issue for the advanced e-mail marketing veteran).
    1 CLICK HERE to see how you can save 33% off the normal price of this service.  This is part of Mr. Internet's e-Bate� program where discounts are passed on to you and neither Mr. Internet or his company receive any compensation whatsoever.

In addition to the "engine" that runs your campaigns, the content of each campaign message can make a huge difference in the results you will see.  Here is a few tips to consider:

  1. Value, Value, Value - it's critical that each campaign message offers real value relative to the campaign topic;
     
  2. Engage The Recipients - ideally, your campaign messages are written in a conversational style that continues to build relationship with the contact with each message that is sent;
     
  3. It's Not About You - avoid the temptation of including blatant self-promotion in any of the campaign messages --to do so will greatly undermine your efforts to convert the prospect into a client.
     
  4. Allow Opt-Out - it is critical that every message allow the contact to opt-out (i.e. discontinue) from the campaign at any time.  Otherwise you risk annoying them to the point of damaging your online reputation.

I could write an entire book on the powerful business-generating possibilities of e-mail drip-marketing.  However, the above is enough to get you started.  Once implemented, you will quickly begin harvesting a steady stream of new clients that started out as typical online prospect inquiries --all with very little effort on your part.

Article Resources:

ProAutoresponder - one of the most powerful e-mail drip-marketing systems available at a highly affordable price.  Suitable for the more advanced e-mail marketer. Intersend - a real estate specific drip-marketing system that includes several pre-written targeted campaigns and some flexibility to add to and modify them.  Suitable for the intermediate e-mail marketer.
iPersonal - a simple one-campaign real estate specific drip-marketing system for beginning e-mail marketers.  

Printer friendly versionE-mail this article to a friend!Sound Off about this article!


Subscribe to mrinternet! News - Mr. Internet's free monthly online e-mail newsletter with the latest in cutting-edge online success strategies for real estate professionals! 

(just visit http://www.mrinternetnews.com to subscribe.)

� Privacy Notice �
Your privacy will be completely protected and you will not receive any e-mail other than the newsletter --you have Mr. Internet's word and promise on that!


Tip O' The Month

ProAutoresponder (mentioned above) can also be used as an easy way to create an unlimited number of simple autoresponders.  Just create a one-message campaign for each "autoresponder" you want to have.  Each campaign has a unique e-mail address that will trigger the autoresponder message to be sent when a prospect sends a message to it.  And, since each autoresponder is essentially a ProAutoresponder "campaign", your messages have all the features mentioned above.  This includes simultaneous sending of HTML and text, special handling of links in messages going to AOL recipients, Voice annotation, and click-through tracking.

You can see this for yourself by sending a blank e-mail to chester@mrinternettips.com (don't put anything in the subject line).  This will trigger a special sample autoresponder I set up for Judy McCutchin, one of the most successful online marketers in the business.

If you are currently using one or more autoresponders in your business now, chances are you are paying too much for too little.  If you have yet to use them, this is the easiest, most powerful and affordable way I know to get started!

Mr. Internet!
(this link will open a new window)Mr. Internet is the alter-ego of Michael J. Russer, an internationally recognized Internet speaker, trainer, author, and strategic consultant to the real estate industry. He's dedicated to helping real estate professionals leverage their people skills into profit on the Internet. You'll see his column on REALTOR� Magazine Online every month and in the magazine quarterly. Send your Internet questions to help@askmrinternet.com or you can visit his Web site at http://www.russer.com 

This article is reprinted from the May, 2002 issue of  REALTOR� Magazine by permission of the NATIONAL ASSOCIATION OF REALTORS�.  Copyright 2002.  All Rights Reserved other than mentioned above.  Mr. Internet� is a registered trademark and Ask Mr. Internet!� is a trademark of RUSSER Communications.