Transform Your Marketing With This Powerful Tip

by Erik Cofield in Articles 1/8/2010 1:20:00 AM

What helps sell more homes faster? A) construction science, B) deep pockets C) stellar sales people D) strategic marketing?

 

You guessed it, strategic marketing. You might have said all of the above, but not really because of the word “faster”. Why?  Construction science can build it faster. Money is great, but not if you waste it on poor marketing choices. Sales people help, but only if they have leads.  So, strategic marketing fits that bill.  

Do you think you are in construction? Too bad, you are also in marketing. You may have gotten in to this industry because you are a construction science guru, or maybe you are a brilliant architect, or you graduated from Business College and you got in it for the money or your parents gave you the business. It doesn’t matter, congratulations, you are now in marketing.

 

While most builders don’t usually do blow away marketing, some do. You can too. Whether you could build a home blind-folded, or you are a Harvard business grad, or you were a superintendent and are starting your own company, none of that matters if you are not marketing like a Transformer!  So here is a tip many builders overlook. It will help you out-position your competition. More...


Teaching a Builder to Fish? No, Teaching a Builder to Magnetize!

by Erik Cofield in Articles 5/27/2009 4:48:00 AM

We all know the story of teaching a man to fish is better than just fishing for them. Many of us may realize through times of adversity come opportunity. How are these connected to home building?

For decades, in cycles, builders have made money. When times were good, they simply fished with a big net. It was more or less easy to find a buyer for a home one was building.

This concept of throwing a net out there to catch what you can is changing in the world, and especially fast in the United States.  Instead of going out and scooping up, the new way is to become a magnet.  Builders will have to change from being fishermen, to being high powered magnets. Some builders already are, others are planning to catch up, and some have not yet put the planning in place.

How do you pull, instead of scoop? The shift will require companies, including builders, to push out quality content, in mass, very quickly, but in a more sophisticated way than previously done. Builders will have to be more than providers of product; they will need to become trusted resources and destinations of information. They are already a destination for decorating advice; consider the many “looky-loos” using your model homes as examples of decorating advice. Society will force builders, at least highly profitable ones, to do a better job of attracting people. Why? Because people have more choice than ever before, but less time, and therefore can only go where they are strongly attracted. Enter the magnet builder. More...


More Referrals Through Better Thank You Gifts

by Erik Cofield in Articles 4/23/2008 4:38:00 AM

Volume builders have a very different approach to thank you gifts than Custom Builders or Remodelers, but regardless of the type of product, most all builders could do better when it comes to appreciation gifts, especially as referrals are really the goal. While it is true that a gift certificate is an acceptable business practice, it shows little creativity.   

Here is the problem:

  • According to Men’s Health Magazine and the American Association of Psychology, a majority of MEN don’t like presenting a certificate.  It makes them feel financially weak.
  • WOMEN are difficult to target for the best type of certificate, for various reasons.
  • Gift certificates in general have a low “Wow” factor.

While you might choose something like a company branded mini-cooler, filled with tools, it is still not necessarily your strongest choice, although certainly respectable.More...


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