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Updated over 8 years ago on . Most recent reply

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66
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Nate Hawkins
  • New to Real Estate
  • Nampa, ID
49
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66
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Marketing rock stars I NEED HELP!

Nate Hawkins
  • New to Real Estate
  • Nampa, ID
Posted
Alright here's the quick and Dirty. I did my first wholesale deal and made $9348.60 I want to 10 X my business and go straight to investing all of that money back into marketing. Is this crazy a good idea or bad idea I need some input. This deal was first constructed by driving for dollars and sending out letters by hand. I sent out five letters to this person and three months later he excepted the offer. If I wanted to reinvest all of this money is it better to send out all on one mailing or do several mailings to the same list? All advice at this point would be amazing thank you

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543
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Claire Trammell
  • Bakersfield, CA
280
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543
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Claire Trammell
  • Bakersfield, CA
Replied

Hello @Nate Hawkins! That's awesome about your first wholesale deal! Way to go!

As for your question, if you are wanting to invest all your profit from that deal into direct mail marketing, I would definitely recommend using it over a period of time as opposed to all at once. The reason being that direct mail tends to work best when you send a campaign of 5-7 different pieces, 4 weeks apart from each other. Follow ups are key as the average person takes 3-5 touches before picking up the phone to respond, just as you saw with your own mailings.

Feel free to PM me if I can help any further! Happy investing!

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