The Second P - Positioning
How to Compete in an Overcrowded Industry
Real estate agents are constantly bombarded by loan officers. Their mail
slots are overfilled with flyers, they're hounded by loan officers willing to
enter their office space, and they're schmoozed with special offerings - some
ethical and some not so ethical.
How do you stand out and get noticed within this sea of competition? It's
called positioning. Positioning is a powerful communication tool to reach
real estate agents in a crowded marketplace. It is an outward expression of
how you want to be perceived and creates a place for your services in their
mind.
Evaluate Your Position
Take a moment and assess your current position. Begin with your marketing
materials, such as; your website, flyers, postcards, newsletters, brochures, ads
and your business card. What position are you advocating?
If your position is similar in nature to your competitor's, pushing within
the same context, you're competing in an overcrowded place in the real estate
agent's mind. Basically, all the time and money you've put into your
marketing efforts are going unnoticed.
If you want to be more effective when marketing to real estate agents, you
have to understand you are in the business of serving them. This means they
don't care about what you can do, what you have or what you know. What they
care about is what's in it for them.
The lessons in this section are designed to help you find a position that
makes you unique and different. Your first goal is to communicate your
differences, not similiarities, so you stand out and get noticed easily. And
your second goal is to identify problems you can help agents solve. When you
help agents solve difficulties they face you create added value and this measure
pushes you ahead of competition.
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