Design of the times: competition in today's high-tech market.The digital era has had a profound impact on the way real estate is marketed. The ease with which consumers can access digital imagery means sales are generated through photos, floor plans and artwork rather than copy. The effect is similar to that of advertising on television; consumers want to see your product, even when they're nowhere near it. Competing in this high-tech, image-inundated market is a pricey Pricey Term used for an unrealistically low bid price or unrealistically high offer price. pricey Of, relating to, or being an unrealistically high offer. An offer to sell a security at $50 when the current market price is $47 is pricey. undertaking. This is especially true for smaller firms and start-ups which are increasingly teaming up with professional "graphic design marketers" to maximize their impact within a specified budget, both on paper and online. Know Your Product, Know Your Audience Before meeting with a graphic design marketer, make sure you know what you can spend and how many brochures you will need; the higher the quantity, the lower the cost per unit. This variable will dictate how much you can spend on other costs, such as materials, packaging, method of delivery and web-based marketing. What is a "Comp"? Once you and your designer decide on strategy and concept, the designer will begin work on a comprehensive mockup mock·up also mock-up n. 1. A usually full-sized scale model of a structure, used for demonstration, study, or testing. 2. A layout of printed matter. , or "comp" of the printed brochure. The comp is a visual draft of the project that is edited and approved before production begins. Reviewing the comp places the final authorization to proceed in your hands, so while the designer will have a proof reader look over the comp before it is delivered, it is ultimately up to you to catch any mistakes before going to press. It is not uncommon for designers to ask for 50 percent down; after all, they are essentially loaning money by going to print before receiving payment in full. Pocket-Sized Product Your web site does not need to be flashy, but it should be clean, beautiful and, most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , easy to navigate. If you are selling a specific product, such as a newly constructed condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. , you will need photos and/or architectural drawings and floor plans. It is not uncommon for new product to be sold pre-construction, which means developers and brokers are increasingly finding themselves pitching property with renderings and floor plans alone. The collateral must be lush, so clear and inviting that the prospect can easily project himself into the apartment and feel good. This has led the majority of buyers to expect a virtual walkthrough, whether the building is completed or not. This trend can only snowball snowball: see honeysuckle. as more portable devices are equipped with internet browsers and dial-up becomes a thing of the past. The site should also list building facts, amenities and availability. When the focus is the firm rather than the product, as is often the case in the commercial sector, a "corporate identity" page (home page) is now standard. The home page should prominently display a mission statement and include links to "about us," "principals & team" and "contact info" pages. Over the past few years, it has become more commonplace for residential brokers to come out with personalized marketing Personalized marketing (also called personalization, and sometimes called one-to-one marketing) is an extreme form of product differentiation. Whereas product differentiation tries to differentiate a product from competing ones, personalization tries to make a unique product strategies separate from their brokerage firms. Many brokers have launched their own websites featuring biographic information, listing details, recently sold properties, market information, awards and statistics. They also feature an area where the agent muses over anything industry-related in his or her own words in a "web log" (or simply "blog"). An insightful blog will appeal to an increasingly tech-savvy client-base and portrays the professional in sync with the times. It also creates opportunities for global exposure. Although they are hosted by a separate Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ), these websites, generally, carry a link to the brokerage firm to which the broker belongs. It is not without expense, but at this stage a personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. website carries tremendous cachet cachet /ca·chet/ (ka-sha´) a disk-shaped wafer or capsule enclosing a dose of medicine. ca·chet n. An edible wafer capsule used for enclosing an unpleasant-tasting drug. and can be a very smart marketing tool. Put it Online, Put Fewer on Paper Developing and hosting a website makes financial sense when the target audience is large, but the expenses involved make this an impractical strategy for promoting a specific product or service to a more narrowly defined group. A popular alternative is e-mail flyer (e-flyer) marketing. The e-flyer is six to ten visually appealing pares PARES. A man's equals; his peers. (q.v.) 3 Bl. Com. 349. which combine a web-based marketing strategy with the more traditional brochure--minus the cost of paper and printing. They can be e-mailed directly to your contacts and are stored on your graphic designer's server, thereby slashing web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. costs while reaching your audience instantaneously. And since it is web-based, it can also be used as a mini-website, making web-based marketing and home pages affordable and practical for even the most modest budgets. BY MARILYN MILLER Marilyn Miller (born Mary Ellen Reynolds) (September 1 1898 – April 7 1936) was one of the most popular Broadway musical stars of the 1920s and early 1930s. She was an accomplished tap dancer, singer and actress, but it was the combination of these talents that , PRESIDENT AND FOUNDER MARKETING THRU GRAPHICS |
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