Despite the realities of our digital age, direct mail is still one of the most effective marketing tools for many industries, including real estate.
The average direct mail campaign run by a real estate professional has an ROI of 15% to 17%, which is likely because the majority of American adults surveyed (67%) feel that direct mail is still more personal than email. Fortunately, there are many ways to run a campaign that can offer all this ROI without too much work.
Let’s explore the benefits of postcards as a direct mail marketing device and look at you how you can make your first campaign a success.
When most people think of postcards, they think of the cute scenes sent by travelers to friends and family. The truth is, these small cards are a much more powerful marketing tool than most people realize. Here’s why:
Even though the postcard is small, it offers plenty of opportunities for you to coordinate your photos, graphics, and text to help make your brand crystal clear.
Sending these postcards also allows you to get your face into multiple prospects’ homes at once, which is a great way to start building brand awareness. The more times people see your face, the easier it will be for them to remember you. This increases the likelihood that they reach out when they need a real estate agent or broker.
Real estate licenses are attainable for many people. Licensing requirements vary by state, but it's something most people can do in a few months without too much expense.
Some people choose to enter the real estate field to help friends and families with their transactions, while others choose to make it their full-time career. This means that often, there's a fair amount of entry-level competition. To stand out from the pack, you’ll need to invest in marketing and tools that set you above the rest.
A well-designed postcard with a professional headshot, thoughtful text, and appealing graphics can help you stand out. It also shows that you’re interested in expanding your clientele.
One of the best ways to see success in your direct mail marketing campaign is to identify leads and build segmented lists that allow you to send targeted postcards to different homeowners depending on their needs or situation. You can do this with a tool like PropStream, which uses comprehensive, multi-sourced data to offer a database of accurate and up-to-date leads that you can use to build your lists. This allows you to identify homeowners with a higher motivation to sell with our data that includes divorce, liens, foreclosures, and length of ownership.
Even with the amount of work that goes into a postcard marketing campaign, the resulting ROI is fantastic. Once you’ve designed the basic layout of a postcard, you can repeatedly reproduce it with new photos and text with little effort. Plus, postcards are quick to read and can easily be stuck on a fridge or passed along to friends and family.
There are a few ways to develop a successful postcard direct marketing campaign. The key is to stick with it and mail postcards regularly until you start to see results.
Here are some more tips to help you get started:
From there, it’s easy to track your campaigns so you can see how they’re performing and adjust accordingly. Want to try it for yourself? Sign up for our 7-day free trial today.