Power Prospecting And Renewing Referrals Using Social Media - Presentation Transcript
Relationship Marketing
Relationship marketing is a form of marketing developed from direct response marketing campaigns conducted in the 1970's and 1980's which emphasizes customer retention and satisfaction, rather than a dominant focus on 'point of sale' transactions.
Relationship marketing differs from other forms of marketing in that it recognizes the long term value to the firm of keeping customers, as opposed to direct or "Intrusion" marketing, which focuses upon acquisition of new clients by targeting majority demographics based upon prospective client lists.
Use of Social Network Web Sites by Age Source National Association of REALTORS® 2007 Profile of Home Buyers and Sellers All buyers 18-24 25-44 45-64 65 or older Every day or nearly every day 10% 28% 12% 4% 2% A few times a week 9 25 10 4 3 A few times a month 8 14 9 5 3 A few times a year 6 3 8 4 3 Never 68 30 60 82 89
Doug Devitre presents to the Colorado CRS (Council more
Doug Devitre presents to the Colorado CRS (Council of Residential Specialists) Chapter on Using Social Media and Blogging. Fish for clients on the web like bobbing for water. Find prospects, clients, past connections, and referral opportunities on the web using the power of social media. Create profiles that build your authority in your niche, script dialogues on common conversations online and craft an online community of raving fans using common social networks such as LinkedIn, Facebook, Twitter, and YouTube. Explode your communication on to other blogs and websites using RSS, status updates, and widgets. Dominate the online discussion boards while spending no money and limited time. less
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