Creating a brand and tracking the results

Creating a brand and tracking the results

Real Estate Investor · Baltimore, MD · Member since 2008 · 1k+ posts · 268 votes

For those of you who brand your name/slogan in your target neighborhood - how can you track its effectiveness?

All marketing gurus are suggesting branding, but it is rather costly and probably not affordable for someone who is just starting out.
If you were to brand yourself, what would you brand - the name of the company (i.e. We Are Local Buyers Inc), headline (i.e. How to sell your house in this soft market even if you have no equity), website (i.e. www. YesWeCanBuyYourHouse.com) or slogan (We buy houses every day) ?
Or maybe a combination of several?

Please share :kewl:

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  • Real Estate Coach · Oakton, VA · Member since 2008 · 695 posts · 43 votes
    18y

    Sniper,

    I would not worry about branding yourself. Branding is for big companies like Coke and Pepsi.

    When you are dealing with seller's, all they care about is that you can solve their problem, not if you have a brand name or are well known.

    With your marketing, all you should care about is results and that is very easy to test with your direct mail and not so easy with other methods.

  • Minneapolis, MN · Member since 2008 · 691 posts · 12 votes
    18y

    Sniper, I agree with jason. However, if you are buying business cards, or making signs, or doing stationary, you may as well have it be of a design that is consistent in color, copy, etc. so that it is pleasing to the eye and easy to remember. I wouldn't spend alot of time and money designing a logo, I'd spend that money on postage for your marketing piece. Good luck, Mike

  • Real Estate Investor · Baltimore, MD · Member since 2008 · 1k+ posts · 268 votes
    18y

    Makes sense, makes sense
    I appreciate your input, Jason and Mike

  • Real Estate Consultant · Burke, VA · Member since 2008 · 37 posts · 1 vote
    18y

    Sniper,

    I actually think that you are on to something. One of the things that we as real estate investors hope for most is referral business. And I think that by branding your name with a certain color scheme or logo or slogan can actually lend strength to the number of referrals that you get each year. In addition, if you think about it, it can also contribute quite a bit of credibility to your business and in the long run create a formidable veneer that both commands respect in your area and quite possibly shatters pesky objections.

    The goal is to test. Try it and see if it works for you.

    Furthermore, sometimes when we do what our competition isn't doing, we, effectively, stand out from the herd. And this can be an awesome advantage.

  • Member since 2008 · 55 posts · 0 votes
    18y

    Branding and tracking is really though, and it is not you who will brand yourself but your clients. by then you will know if you are doing well

  • Real Estate Investor · Member since 2008 · 60 posts · 2 votes
    18y

    Agree with all of this. Establishing an identity graphically with colors and a slogan is one thing, but branding in the corporate sense is beyond what is necessary.

  • Real Estate Investor · Terrell, TX · Member since 2008 · 30 posts · 4 votes
    18y

    Branding works. For any business.

    Want proof?

    >>>>"We buy ugly H*****"<<<<

    Even people not in RE know them. And who do you think they are going to call when they need to sell their junk house in a hurry?

    Trademarks work too....

    Just ask "Ug".....

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