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Systematized Communication: 12 Direct, 8 x 8, and 33 Touch … | Systematized Lead Generation: Database Marketing for Real Estate | أكاديمية آفاق العقار

Systematized Communication: 12 Direct, 8 x 8, and 33 Touch Plans

Systematized Communication: 12 Direct, 8 x 8, and 33 Touch Plans
Systematized Communication: 12 Direct, 8 x 8, and 33 Touch PlansIntroductionThis lesson introduces systematized communication plans designed to optimize lead generation within a database marketing context. These plans are structured frameworks designed to increase contact frequency with potential clients, thereby leveraging the psychological principles of familiarity and the mere-exposure effect. The mere-exposure effect, a well-documented phenomenon in social psychology, demonstrates that repeated exposure to a stimulus, such as a brand or individual, leads to increased positive affect towards that stimulus (Zajonc, 1968). The "12 Direct," "8 x 8," and "33 Touch" plans represent operationalizations of this principle, employing different frequencies and communication modalities to achieve varying degrees of market penetration and relationship development. The efficacy of these plans hinges on the premise that consistent, multi-channel communication builds trust and brand recognition, positively influencing consumer behavior in the long term. Each plan utilizes direct marketing methods, which, according to studies by the Direct Marketing Association, can yield measurable returns on investment when strategically implemented and targeted (DMA, 2018).SummaryThis lesson focuses on three systematized communication plans (12 Direct, 8 x 8, and 33 Touch) employed in real estate database marketing to enhance lead generation by leveraging established psychological principles and direct marketing strategies.Scientific ImportanceThe scientific importance of this topic lies in its application of behavioral science (mere-exposure effect), marketing principles (direct marketing ROI), and data management to optimize communication strategies. The plans' effectiveness can be empirically evaluated through A/B testing and tracking conversion rates, providing quantitative data to refine future marketing efforts.Learning Objectives1. Describe the core tenets of the 12 Direct, 8 x 8, and 33 Touch communication plans, including their respective frequencies, durations, and target database segments.2. Explain the psychological rationale underlying the effectiveness of systematized communication, referencing the mere-exposure effect and principles of trust building.3. Evaluate the potential return on investment (ROI) of each communication plan, considering factors such as marketing costs, conversion rates, and average transaction value.
Systematized Communication: 12 Direct, 8 x 8, and 33 Touch PlansIntroductionEffective lead generation in real estate necessitates systematized communication strategies. This lesson explores three key communication plans: 12 Direct, 8 x 8, and 33 Touch. These plans are designed to cultivate relationships with potential clients through consistent and targeted interactions, leveraging principles of marketing, psychology, and data analysis.12 Direct: Systematic Direct Mail MarketingTheoretical FrameworkThe 12 Direct plan leverages the principles of direct marketing, which aims to communicate directly with a specific audience through physical mail. The effectiveness of direct mail is rooted in several psychological factors:Tangibility: Physical mail has a higher perceived value than digital communications.Attention: Direct mail bypasses digital clutter, potentially capturing more attention.Memory: Physical items can trigger stronger memory recall.The Frequency Effect: Repeated exposure to a brand through consistent mailing increases brand recognition and familiarity.Mathematical ModelingThe probability of a recipient responding to a direct mail campaign can be modeled using a logistic regression equation:P(Response) = 1 / (1 + e^(-(β0 + β1X1 + β2X2 + ... + βnXn)))Where:P(Response) is the probability of a response.e is the base of the natural logarithm.β0 is the intercept.β1, β2, ..., βn are the coefficients for the predictor variables (X1, X2, ..., Xn).X1, X2, ..., Xn are the predictor variables, such as message content, targeting accuracy, offer attractiveness, and recipient demographics.Practical Application and ExperimentationA/B Testing: Conduct A/B testing to optimize direct mail pieces. Randomly assign recipients to two groups: Group A receives version A of the mailer, and Group B receives version B. Track response rates (e.g., calls, website visits, appointments).Statistical Analysis: Use a Chi-squared test to determine if the difference in response rates between Group A and Group B is statistically significant. The null hypothesis is that there is no difference between the two groups.Formula:χ2 = Σ [(O - E)2 / E]Where:χ2 is the Chi-squared statistic.O is the observed frequency.E is the expected frequency.ReferencesVerhoef, P. C., Kannan, P. K., & Inman, J. J. (2015). From multi-channel retailing to omni-channel retailing: Introduction to the special issue on multi-channel retailing. Journal of Retailing, 91(2), 174-181.8 x 8: Rapid Relationship BuildingTheoretical FrameworkThe 8 x 8 plan is based on the concept of accelerated relationship development through frequent and varied communication. This approach leverages:The Mere-Exposure Effect: Repeated exposure to a stimulus (the agent) increases liking and trust.Cognitive Fluency: Information that is easy to process is perceived as more credible and trustworthy.Reciprocity: Providing value (e.g., market reports, tips) can trigger a sense of obligation, increasing the likelihood of future engagement.Mathematical ModelingThe relationship between the frequency of contact and the perceived trustworthiness can be modeled using a logarithmic function:Trust = k ln(Frequency) + CWhere:Trust is the perceived trustworthiness.k is a constant that represents the rate of increase in trust.ln is the natural logarithm.Frequency is the number of contacts.C is a constant representing the initial level of trust.Practical Application and ExperimentationTrack Conversion Rates: Monitor the conversion rate of leads generated through the 8 x 8 plan. Conversion rate is defined as the percentage of leads who become clients.Data Analysis: Compare the conversion rate of leads who received the 8 x 8 treatment to a control group who did not. Use a t-test to determine if the difference is statistically significant.Formula:t = (μ1 - μ2) / √(s12/n1 + s22/n2)Where:t is the t-statistic.μ1 is the mean conversion rate of the 8 x 8 group.μ2 is the mean conversion rate of the control group.s12 is the variance of the 8 x 8 group.s22 is the variance of the control group.n1 is the sample size of the 8 x 8 group.n2 is the sample size of the control group.ReferencesZajonc, R. B. (1968). Attitudinal effects of mere exposure. Journal of Personality and Social Psychology, 9(2, Pt. 2), 1-27.33 Touch: Sustained Relationship ManagementTheoretical FrameworkThe 33 Touch plan is designed for long-term relationship management, focusing on consistent and personalized communication. This plan incorporates principles of:Customer Relationship Management ( Click to access your CRM. CRM ): Managing interactions with current and potential customers to improve business relationships.Personalization: Tailoring communication to individual preferences and needs to increase engagement.Value Provision: Continuously providing valuable information and resources to maintain relevance and build trust.Mathematical ModelingThe lifetime value (LTV) of a client can be estimated using the following formula:LTV = (Average Transaction Value Number of Transactions per Year * Client Retention Rate) / (1 + Discount Rate - Client Retention Rate)Where:Average Transaction Value is the average commission earned per transaction.Number of Transactions per Year is the average number of transactions a client completes per year.Client Retention Rate is the percentage of clients who remain clients each year.Discount Rate is the cost of capital or required rate of return.Practical Application and ExperimentationAnalyze Client Feedback: Regularly collect feedback from clients through surveys and interviews to assess the effectiveness of the 33 Touch plan.Sentiment Analysis: Use sentiment analysis techniques to analyze client feedback and identify areas for improvement.Sentiment Score = (Number of Positive Sentiments - Number of Negative Sentiments) / Total Number of SentimentsReferencesKotler, P., & Armstrong, G. (2016). Principles of marketing (16th ed.). Pearson Education.ConclusionThe 12 Direct, 8 x 8, and 33 Touch plans provide a structured framework for systematized communication in real estate lead generation. By leveraging principles of marketing, psychology, and data analysis, these plans can help agents build relationships, increase brand awareness, and ultimately drive sales. Continuous monitoring, analysis, and optimization are essential to ensure the effectiveness of these communication strategies.

ملخص الفصل

Systematized communication plans aim to optimize lead generation through consistent and targeted interactions. The 12 Direct plan focuses on marketing to a "Haven't Met" database (e.g., geographic farm) via twelve direct mail pieces annually, leveraging mass marketing for efficiency. The expected conversion ratio is approximately one sale per fifty contacts marketed to twelve times per year. The 8 x 8 plan is an intensive, eight-week program designed to rapidly establish top-of-mind awareness within a contact database using a combination of mailed materials and phone calls. The 33 Touch plan (content not specified beyond being a sustained relationship growth strategy) utilizes repeated contact attempts to move leads through the sales funnel. These plans utilize the principle that consistent, multi-channel communication increases contact frequency and ultimately, conversion rates. The underlying hypothesis is that repeated exposure to a brand or agent increases familiarity and trust, positively influencing the likelihood of future transactions. Effectiveness is measured by the rate at which "Haven't Met" contacts are converted into "Met" contacts and eventually into closed sales. Real estate agents should systematize communication strategies using Click to access your CRM. CRM (Customer Relationship Management) systems.

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Learn to systematize your real estate lead generation using proven database marketing techniques. This course covers the 12 Direct, 8x8, and 33 Touch programs, enabling you to strategically nurture leads, convert prospects, and maximize your ROI through consistent and targeted communication. Develop actionable plans within your CRM to efficiently manage contacts and cultivate lasting client relationships.

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