How do make Yellow letters for yellow letter marketing or are there companies that do it for you? Do I have to deliver them my self or just mail them?
How do make Yellow letters for yellow letter marketing or are there companies that do it for you? Do I have to deliver them my self or just mail them?
Here's a link to a do it your self site for these types of letters.
http://www.strugglinginvestor.com/2009/08/how-to-do-it-yourself-yellow-letter-marketing/
I have been personally researching this topic recently, and there are companies out there who only do yellow letters and some who can provide it. With these firms, both options of who actually drops off the letters are available, and you can customize it. Relatively cheap. yellowletterscomplete.com, yellowletters.com. Good Luck
I like to think I came up with the idea years ago, but I think someone else thought of it too, LOL! I get a HUGE response. I do it a little different though. I do not use a merge with a computer, I think it looks fake. I run them through a copy machine and have them hand delivered to homes for sale. I actually made a video on how I do it, but it is too big to send. I use it for training around the office. I will check with BP and see if I can put it up on the site. Good luck! :mrgreen:
Rob Gillespie, Rob The House Guy, LLC
E-Mail: rob@robthehouseguy.com
Telephone: 330-800-9043
Website: http://AskTheHouseGuy.com
Rob@RobTheHouseGuy.com 330 800 9043
AskTheHouseGuy.com
RobTheHouseGuy.com
I was using the yellow letter marketing technique in 2007 and I was getting a very good response....then all of a sudden...nothing....went 4 months with no response.....
My question is....Does the yellow letter still work for you guys?
Kevin did you close a deal using it yet? We have and we have made a lot more then we spent on the marketing. Also how long is the letter and are you using a P.S.
One of the things that we use are The Simpson stamps upside down, invitation envelopes (bright colors and not sealing them)
Marcel Umphery, Flop 2 Flip Investing LLC
Website: http://www.flop2flipnation.com
Marcel Umphery http://www.Flop2FlipNation.com
Kevin, one thing you can try with the yellow letters is coupling this idea with handwriting. Some firms do it, and there's also a high response rate associated with them.
I Did close a few short sale deals back in 2007, from the yellow letter. I had several students that I would pay to write my letters and envelops, but my marketing responses all came to a hault...So I was wondering if the yellow letters were still working for people in todays market?
I am guessing that is a yes????
Marcel what are you saying in your letters. I have been doing some research and alot of letters that I am coming across are short and sweet. Something like
Dear Seller,
I would like to purchase your home at Money In My Pocket, Atlanta Ga 30000 for cash. If you are intersted in selling please contact me at brokeinvester@ineedmoneynow.com or 678 CASH NOW.
I Need Money Now
I really haven't seen anything different. I am going to be mailing out some yellow letters later this week. Any insight you might have that will help to generate a better a response is really needed here.
Ladawnja:
It would be great if you post more detail about your success rate here. What kind of prospects are you targeting? What is the response rate and conversion rate? I'm planning to to jump back on the yellow letter horse very soon, so this would be useful information for me.
zdnj01
I will definately post my response rate. Rt now I am all over the place as for who I plan on targeting. I am looking into absentee owners, out of state absentee owners, probates???, evictions, and code violations.
Probates I really haven't figured that out yet however I am definately going to give them a try.
Yellow letter marketing DOES work well, or at least it has for me.
An easy way to DIY is to buy a stack of yellow lined paper, then just load it into your printer like normal paper and print in a font that looks hand written.
The purpose is Not to fool anyone... its to be eyecatching and get your letters read.
You can "test" the yellow letter, but personally a nicely laid out business letter is better.
It is important what you say and how you say it: also something that draws the recipient attention on the envelope is important.
You have to strike a chord with them - if you are sending letters to people in preforeclosure, be understnading of their situation, without patronizing. Tell them what they need to hear: that you can help them out of a situation, avoid foreclosure, that they can stay in their house until you settle with the bank, that you can help them with moving expenses, etc.
My response rate has always been very good (5% or more), but I always put myself in the recipient shoes and I never used yellow letters.
Home made yellow letters are still working for us... We use them to market for probate and FSBO. We use Microsoft Word Mail Merge with a handwritten font (red ink to be exact) we print them out on yellow paper with no lines. Here's the catch the envelope itself is handwritten on which I feel makes it look personalized and I feel that people receiving them will open them rather then toss them out since they look personalized. Remember the key is to have them open the piece of letter and read it, this should trigger some calls back to you.
Yellow letters definitely still work, but they need to be done correctly to get a strong response rate. Think about the verbiage, the type of postage, your mailing list, and especially the font. Yellow letters work in part because they do not look like an average marketing letter, they look like a letter from a relative.
Would a relative send you a letter with a cut rate stamp? No, so don't use a cut rate stamp on your yellow letter.
Would a relative send you a letter in computer generate font? Again, no, so don't use computer generated font.
Yellow letters will pull stronger than any other type of direct mail marketing if they are done correctly, but like anything else if they are done by cutting corners they will not work as well.
I have the ULTIMATE yellow letter system. I am willing to post it up on a link here, but I gotta get permission from Josh. It is a hosted on a page with an opt in after it, so I dont wanna get in trouble. It is our primary source of marketing and we mass produce them and hand deliver them. Less than 1 dollar per unit, and we get an 8% response within the first week! I came up with this years ago, and I know there are other versions out there, but I think mine has a different twist. If BP management sees this post, give me the thumbs up and I will post the link. The video is about 45 minutes, but it shows you EVERTYHING!
Rob Gillespie, Rob The House Guy, LLC
E-Mail: rob@robthehouseguy.com
Telephone: 330-800-9043
Website: http://AskTheHouseGuy.com
Rob@RobTheHouseGuy.com 330 800 9043
AskTheHouseGuy.com
RobTheHouseGuy.com
wait .... I have the ultimate system... How can you have one too... Mine are less than a buck also..
Josh.. I think free enterprise is great stuff.... Let him post..
Reality is no matter who you use for marketing you must market..
There are great companies out there.
yellowlettermail.com (mine)
www.yellowletter.com (great couple)
www.yellowletterscomplete.com (posts here and helps)
And now a fourth option... Options are great...
Michael Quarles, Yellow Letter Mail
E-Mail: michael@YellowLetterMail.com
Telephone: 888-YOUR-MAIL
Website: http://www.YellowLetterMail.com
1-800-Sell4Cash Territories are available for 147.00 per month.
I use yellow letters today and get great responses from people selling their home. Handwritten yellow letters make it seem personal to the seller and they want to know who you are because you spent the time to write this letter to them. I simply use some long letters and some short. Different strategies work better in different areas so whatever you choose to do track it and see what results you get because that is what matters.