Estate of Mind — The Art of Selling Luxury Real Estate

Building Effective Marketing Strategies


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Episode Notes

 Discussed:

  • Objective-First Framework:
    • Emphasizes starting with a clear goal before developing marketing strategies. The framework is structured around creating SMART goals (Specific, Measurable, Actionable, Realistic, and Time-bound) to guide the marketing process effectively.
  • Setting Realistic Expectations:
    • Highlights the importance of understanding costs and realistic outcomes in lead generation. It involves calculating the cost per lead and setting budgetary limits based on achievable goals.
  • Marketing vs. Business Goals:
    • Discusses the difference between broader business objectives, such as brand awareness, and specific marketing goals like lead generation, and how they can align but require different strategies.
  • The Funnel Approach:
    • Explains the funnel strategy in marketing, where the top of the funnel focuses on building brand awareness and engagement, while the bottom focuses on lead generation and sales conversion.
  • Importance of Personality in Marketing:
    • Stresses the value of showcasing personality in social media to build brand identity and engage with the audience, which helps in creating a relatable and memorable brand image.
  • Print Media vs. Digital Marketing:
    • Explores the relationship between traditional print media and digital marketing, suggesting that while digital is more measurable and targeted, print still has value for brand

Mentioned Within the Episode:

  • The Institute for Luxury Home Marketing
  • Parks at Home
  • The Simms Team
  • Tobe Agency
...more
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Estate of Mind — The Art of Selling Luxury Real EstateBy Institute for Luxury Home Marketing

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