World Wide Property Sales
The Law of Massive Action = Massive Results
by Gerhard Cronje
There is still some time to kick that marketing system of yours into high gear
and make this your most profitable year ever. I would like to ask you a big
favor. If you are struggling to get your phone ringing with motivated sellers
calling you then you might be guilty of lacking focus. Do this. If you have been
marketing for a while then look back at the actions and marketing strategies
that have supplied you with your most deals and or qualified leads in the past.
Write Down the Top Three
Now, disregard all the marketing that you are doing at present and just focus on
implementing these 3 strategies. Have you ever heard of the 80/20 principle? Of
all the marketing efforts that you are putting forth - only 20% of certain
efforts are producing your best results. Does it not make sense to focus on the
small percentage of effective activities that are giving you your best results
Absolutely! Let me give you an example.
Mr. Investor Has the Following Monthly Marketing Budget:
$200 per month on bandit signs = 10 leads
$300 per month on classified ads = 5 leads
3 birddogs, $0 per month = 6 leads
$500 per month direct mail = 12 leads
$0 for 2 assistants knocking on doors of pre-foreclosures = 1 deal per month.
From the above figures, we can detract that the most effective cost per lead is
as a result from bandit signs, knocking on doors of pre-foreclosures and
birddogs. If Mr. Investor is smart he needs to double his efforts on these
strategies and spend less or no money on all the other strategies.
His New Marketing Plan Would Then Look Like This:
$400 per month on bandit signs.
6 birddogs seeking deals ( find 3 new ones).
4 assistants knocking on doors of pre-foreclosures( find 2 new ones).
By doing this he should get double the leads he was getting before from his
previous actions and he has slashed his marketing expenses by $600 per month.
His goal should be through the law of "Massive Action = Massive Results" to
double his efforts every 3 months and constantly put money back into his
marketing from real estate profits to exponentially grow his business. Whenever
I review my mentoring students marketing plans it is always very clear that they
lack focus and do not capitalize on the strategies that have given them their
best results in the past. Learn from the mistakes from others and make this your
best year ever.
Bio:
Gerhard Cronje has been a real estate investor for 6 years. He used to work in
the medical field as a physical therapist but because of “burn-out” turned to
real estate. He now resides in Daytona Beach, Florida and his specialty is lease
options and marketing - finding unique and creative ways to locate deals before
his competition is his niche.