Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 9 months ago on . Most recent reply

User Stats

15
Posts
9
Votes
Sean Wilt
  • Investor
  • Rome GA
9
Votes |
15
Posts

Post Cards vs. Letters for Lead Gen

Sean Wilt
  • Investor
  • Rome GA
Posted

Hello,

Curious to get opinions on effectiveness of using postcards vs. hand signed and addressed letters for marketing.  I get the the post card route is way more efficient from a time perspective (although at twice the cost), but really wondering about response rates.   I feel like I get laminated post cards from multiple sources/industries almost every day and I just toss them without more than a glance. While a hand written addressed letter, I feel would get my attention a bit more.

I won't be doing thousands of reachouts initially, just 250 or so per month so while letters would be more time intensive, I am open to it if the response rate is better.

Most Popular Reply

User Stats

12
Posts
12
Votes
Stephen Booth
  • Investor
  • Jacksonville, FL
12
Votes |
12
Posts
Stephen Booth
  • Investor
  • Jacksonville, FL
Replied
Quote from @Sean Wilt:

Hello,

Curious to get opinions on effectiveness of using postcards vs. hand signed and addressed letters for marketing.  I get the the post card route is way more efficient from a time perspective (although at twice the cost), but really wondering about response rates.   I feel like I get laminated post cards from multiple sources/industries almost every day and I just toss them without more than a glance. While a hand written addressed letter, I feel would get my attention a bit more.

I won't be doing thousands of reachouts initially, just 250 or so per month so while letters would be more time intensive, I am open to it if the response rate is better.

I do some of both. Postcards often take several rounds to get a call. I’m at about a 0.75% response rate on postcards but they’re $0.60 each
My letter response was around the same. I just setup a phone number to track my letter responses last month so I should have more accurate response rates in a few months. My cost per letter is $0.82 with postage plus my time to sign, hand address, seal, mail and document send dates in CRM. 

Loading replies...