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Pros & Cons of Various Digital Marketing Tools & thier Effectiveness for real estate marketing | Value Multiplier

June 10, 2023by admin0

Effective Digital Marketing Tools for Real Estate Marketing:

  • Email Marketing – Push Marketing
  • SMS Marketing – Push Marketing
  • Mobi Mail Marketing – Push Marketing
  • Google Search Ads – Pull Marketing
  • Google Display Ads – Push Marketing
  • YouTube Marketing – Push & Pull Marketing
  • Facebook Marketing – Push Marketing
  • Instagram Marketing – Push Marketing
  • Linked in Marketing – Push Marketing
  • Ads on Various ad networks – Push Marketing
Email Marketing

Positives of Email Marketing:

  • Communication can be send in a presentable colorful format where the recipients gets a good highlights about the projects or services.
  • A person opens an email when he or she wants to open an email. So the attention span is high while opening the mail.
  • The engagement time with the medium that one spends after opening the mail before taking a call to action is high so the quality of leads or responses are high.
  • The email recipients are generally educated so if you want to target the educated working class its good tool to use.
  • Cost effective & drives good ROI . Highly Recommended for Real Estate Marketing .

    Negatives of Email Marketing:

  • Open rates are very less. For Real Estate these are between. 5% to 3 % . These can be better if the audience is subscribed to us & we are regularly engaging them with valuable content.
  • Lots of mail goes in spam. Response rates are slow & gradual.
  • Little Difficult to send the emails as spamming complaints can get the domain blacklisted.
Where to use Email Marketing ?
  • Good for reaching out to existing opt in customers or Remarketing Campaigns.
  • Good if you want to reach out to an educated class.
  • As an agency we have got excellent results in marketing Luxurious Real Estate & for Marketing to Mid Income Group.
  • Excellent medium to deliver the Lead Magnets
  • Excellent to deliver digital assets like brochures,payment plans etc
  • Excellent to nurture Leads over a regular period .
Important Check points for Email Marketing:
  • Need to have a good & reliable database & preferably opt in database.
  • If you want to reach out to the open mass market ,don’t try doing yourself & take help of reliable & experienced vendors as EMAILER marketing unlike SMS marketing is little technical. In many countries it’s illegal to send mails to unsubscribed audiences.
  • It requires creation of a landing page , cover page , playing around with IP’s to get maximum inbox delivery et . Good Vendors make use of dummy domains & rotating ip’s, multiple servers to send the mails.
  • Amazon SES servers are good & cheap but require one time setup. You can take the help of a good vendor to set this up.
  • You should regularly clean up your email list , remove which are bouncing, unsubscribing or not opening.
SMS Marketing/Mobile Marketing

Positives of SMS Marketing:

  • Fast Communication. Lacs on Messages can be delivered in a matter of hours.
  • High Open Rates.
  • Cost effective.
  • Easy to send SMS. No Technical Expertise is required .
  • Can be used to deliver Lead Magnet.

Negatives of SMS Marketing:

  • Limit of 160 characters.
  • Only text Many a times you get an impulsive response where the recipient didn’t fully understand the context
  • Can’t be sent to the DND list legally.
  • If your recipient receives SMS if he/she is in a meeting then the SMS will get lost as most people don’t see old messages in the phonebook.
Where to use SMS Marketing ?
  • Good for reaching out to existing customers.
  • Good if the deadline is near & you want to reach out to customers.
  • Good for marketing affordable real estate properties or products which have a mass appeal.
  • Helpful if you have a big team to feed as the response from the audience is faster. Good, if you want to communicate any scheme faster & take the first mover advantage.

 

 

 

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