Picking Between 2 Sales Funnel Options

40 replies
We are a real estate investing company. We are about to launch a direct mail postcard campaign to find people that would be interested in investing with us for real estate projects.

The recipients of the mailings (approx 1500 households) are targeted leads, based upon their interests, household makeup, levels of wealth, etc.

After much thought and research on constructing the proper sales funnel, we've narrowed it down to two options:

Option A) Send postcards promoting the investment opportunity that sends them to a squeeze page. At the squeeze page, they'd have three options:

- To call us, as our phone number would be on the squeeze page
- To download our free ebook that teaches them about "private investing" (including how it works, how to secure their investments, how to make sound decisions as one, etc.)
- And A "Contact Us" form, in the event that they're interested, but they're not ready to talk verbally just-yet


Option B) Send postcards promoting the opportunity, with a SINGLE call-to-action for them to call us for more information. Once we get them on the phone, our goal is to establish a one-on-one 30 minute meeting to fully talk about our program, our experience, and how we can help them with our opportunity.

We would also offer to send them a copy of our ebook manually via email at the conclusion of that call.


Our Thought Process:

Being that the eBook would provide a ton of value for our targeted market, we definitely want to leverage it to create credibility and trust.

I'm iffy about Option A, because I was under the impression that when you have squeeze pages, you only want to give them ONE call to action, and not THREE.

On the other hand, having multiple options could potentially get more prospects in our funnel, being that some of them that aren't interested in interacting with us just yet might at least download the eBook, which would allow us to build a relationship via the email list.

My other concern with Option A, is that sending people from the postcard to a website, with an ultimate goal of meeting with them to discuss the opportunity creates too many hoops for them to jump through to get to the where we want them in the process.

I also read that it's extremely difficult to take someone from the mailbox, to the Internet, with the ultimate goal of getting in-front of them to meet them personally, which, if true, seems to be yet another reason to avoid Option A.

My question:

WHICH IS BETTER FOR WHAT WE'RE TRYING TO DO; OPTION A OR B?
#funnel #options #picking #sales
  • Profile picture of the author MichaelWinicki
    Option B.

    I know several folks that have tested the URL/Squeeze page option vs a phone-in option and most of the time phone-in produces a better return. Now is that going to be applicable to ALL situations? Of course not, and you should probably test both, but if I had to wager a guess I would say Option B is going to be the winner.

    As much as we're "All Internet" here, there is still a large segment of society that will not use the net for much more than email. I do a lot of offline stuff and part of our order taking process is getting their email address. I can tell you that about 40% of folks that call in for our products or respond to offline advertisements do not even have email addresses.

    Also the nature of your business is that you're (of course) looking for folks that have a stable lifestyle and disposable income in which to invest... And that's going to be a lot of folks who are 50+, and of course that's the area where folks are less inclined to use the Internet on a regular basis.

    Finally if it were me I would test a postcard vs a sales letter. A sales letter, without a headline, with a first class stamp and a hand addressed envelope that truly looks like a personal letter. I wouldn't be surprised to see the sales letter out-pull the postcard.

    I would consider the postcard as a follow-up piece.
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    • Profile picture of the author MichaelWinicki
      The other thing I forgot to mention is that yeah, I think you've got too many options built within Option A.

      You're trying to get in front of people in the effort to get them to give you a lot of money and I think you're rushing the "marriage".

      I think there's going to have to be a whole lot more "romance" involved before they cut you a sizable check.

      For the ones that raise their hands to the initial offer, I would bombard them with mailed pieces, interspersed with phone calls that aren't sales heavy.

      You're looking to ease them from one non-threatening step to another. For what you propose in Option A (and probably to some extent in Option B) I think the steps are too abrupt... too "threatening" for them to have the amount of confidence in you and what you're offering in order to get they to invest.
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      • Profile picture of the author mrniceguy123
        Originally Posted by MichaelWinicki View Post


        You're trying to get in front of people in the effort to get them to give you a lot of money and I think you're rushing the "marriage".

        I think there's going to have to be a whole lot more "romance" involved before they cut you a sizable check.

        For the ones that raise their hands to the initial offer, I would bombard them with mailed pieces, interspersed with phone calls that aren't sales heavy.

        You're looking to ease them from one non-threatening step to another. For what you propose in Option A (and probably to some extent in Option B) I think the steps are too abrupt... too "threatening" for them to have the amount of confidence in you and what you're offering in order to get they to invest.
        I hear ya. I agree. Which is part of the reason why I was thinking about the squeeze page. Building an email list and communicating with them over time is a great way to build that relationship for those that aren't ready to speak to us right now.

        I fully understand where you're coming from regarding the "romance." It's a relationship-based situation. One of the misconceptions people have about this industry, is that they would be cutting "us" a check, which isn't the case.

        All the money would go to the title company, so they don't have to worry about cutting us a check and us running-off with their money. That misnomer is just one of the reasons I wanted to try to empower and educate with the eBook; because I address that concern in one of the chapters.
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    • Profile picture of the author mrniceguy123
      Originally Posted by MichaelWinicki View Post

      A sales letter, without a headline, with a first class stamp and a hand addressed envelope that truly looks like a personal letter. I wouldn't be surprised to see the sales letter out-pull the postcard.

      I would consider the postcard as a follow-up piece.
      I like the idea of a hand-addressed envelope. We've used that for our mailings to home owners, however for something as sophisticated as investing, I was thinking that while a hand-addressed envelope might indeed encourage a higher open rate, it could also make us look a bit un-professional in the eye of the prospect.
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  • Profile picture of the author mrniceguy123
    I agree with you wholeheartedly. In fact, I've never used postcards, only sales letters in the past, but I was open to trying something new.

    I hired a "sales funnel advisor" (for the lack of a better word) to advise us on the best method to use in this situation, and he believed we'd get better responses from post cards.

    He's recently went "missing in action" on me, so that's why I decided to post my current question on here. Luckily, we've been paying him by-the-hour up to this point. :-)

    One of the keys to postcard marketing, from what I've read and heard, is that you don't have to rely on them opening the letter. But on the other hand, there are things you can do certain things to make the letter look more personal.

    I think both approaches have their positives and negatives. Ultimately, I think the key is testing, like you alluded-to.
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    • Profile picture of the author MichaelWinicki
      Originally Posted by mrniceguy123 View Post

      I agree with you wholeheartedly. In fact, I've never used postcards, only sales letters in the past, but I was open to trying something new.

      I hired a "sales funnel advisor" (for the lack of a better word) to advise us on the best method to use in this situation, and he believed we'd get better responses from post cards.

      He's recently went "missing in action" on me, so that's why I decided to post my current question on here. Luckily, we've been paying him by-the-hour up to this point. :-)

      One of the keys to postcard marketing, from what I've read and heard, is that you don't have to rely on them opening the letter. But on the other hand, there are things you can do certain things to make the letter look more personal.

      I think both approaches have their positives and negatives. Ultimately, I think the key is testing, like you alluded-to.
      You don't need a sales funnel advisor. Just the will and resources to run about 4 different tests initially to see what works and what doesn't.

      I love post cards... I really do, but I think they've gained way too much traction amongst marketers over sales letters, just because they're cheap(er) to produce and do... and not necessarily because they out-pull sales letters on the front-end.
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      • Profile picture of the author mrniceguy123
        Originally Posted by MichaelWinicki View Post

        You don't need a sales funnel advisor. Just the will and resources to run about 4 different tests initially to see what works and what doesn't.
        If we have a list of 1500 people in our targeted market, how many people would you place into each test?

        Is it as simple as dividing the total number by 4, or would you want to test, say 25% of the total list, and then hit the remaining 75% with the method you found to work the best with the 25%?

        Maybe I'm over-thinking things again, I tend to do that. :confused:
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        • Profile picture of the author MichaelWinicki
          Originally Posted by mrniceguy123 View Post

          If we have a list of 1500 people in our targeted market, how many people would you place into each test?

          Is it as simple as dividing the total number by 4, or would you want to test, say 25% of the total list, and then hit the remaining 75% with the method you found to work the best with the 25%?

          Maybe I'm over-thinking things again, I tend to do that. :confused:
          OK, boil it down to 3 tests...

          Option A
          Option B
          Option C (the same as Option B, but using a sales letter instead of the post card).

          Send out 500 to each segment.

          Heck no one says that you can't repeat the "winner" to the other two groups after a brief delay.

          AND it certainly doesn't forbid you from taking the two "losers" and sending those (after a brief delay) to the folks that didn't respond in the "winner" group.

          Don't think "1-time shot". Think multiple attempts using different marketing tools.
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          • Profile picture of the author MichaelWinicki
            And don't overthink it– simply do it!

            Be willing to accept that some level of mistakes will be made along the way but that's the only way you're going to learn what really is the best method.

            The faster you make your mistakes and learn what works, the better.
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          • Profile picture of the author mrniceguy123
            Originally Posted by MichaelWinicki View Post

            OK, boil it down to 3 tests...

            Option A
            Option B
            Option C (the same as Option B, but using a sales letter instead of the post card).

            I thought you said that Option A had too many options for the visitor to pick from at the squeeze page?
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            • Profile picture of the author MichaelWinicki
              Originally Posted by mrniceguy123 View Post

              I thought you said that Option A had too many options for the visitor to pick from at the squeeze page?
              I think that it does have too many options, but I was including it as test cell if you wanted to proceed with it.
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              • Profile picture of the author ewenmack
                A bit off topic, however it's still about getting the biggest ROI
                for your marketing effort.

                It's again about knowing what drives people to take action.

                Fear of loss is a biggie.

                Right now is an ideal time to spook stock investors
                because there are 2 signals that appeared in the last crash and
                the tech bubble at the turn of this century.

                Impending losses are proven drivers of investment newsletters.

                Once they heed the advice to get out oc the market
                they will be looking for a safe haven to park their money...
                which you provide.

                Plenty of stock investor lists available to rent.

                Adding this option in the mix.

                Best
                Ewen
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                • Profile picture of the author savidge4
                  Option A) Send postcards promoting the investment opportunity that sends them to a squeeze page. At the squeeze page, they'd have three options:

                  - To call us, as our phone number would be on the squeeze page
                  - To download our free ebook that teaches them about "private investing" (including how it works, how to secure their investments, how to make sound decisions as one, etc.)
                  - And A "Contact Us" form, in the event that they're interested, but they're not ready to talk verbally just-yet


                  I would go with Option B with a twist. I would try and get them to call and by-line the idea on the card that there is a website they can goto to get a informative e-book.

                  People in general want to meet face to face when dealing with "Investments". However I have seen the trend that younger folks are more comfortable with the online pitch.

                  You could very affectively target the phone in message, and carry out the online route as well.

                  Hope that Helps!
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                  Success is an ACT not an idea
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  • Profile picture of the author mrniceguy123
    Another question:

    Let's say I went ahead and had the direct mail CTA be a phone call to us. I guess I could always use the eBook for an opt in from our website, where we have investor-related SEO optimized content...

    Right? I would just hate to get nothing out of the eBook, being that we put so much work into putting it together.
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    • Profile picture of the author MichaelWinicki
      Originally Posted by mrniceguy123 View Post

      Another question:

      Let's say I went ahead and had the direct mail CTA be a phone call to us. I guess I could always use the eBook for an opt in from our website, where we have investor-related SEO optimized content...

      Right? I would just hate to get nothing out of the eBook, being that we put so much work into putting it together.
      Hey I understand the ebook thing and the resources you've put into it. I've been there, done that.

      But again with the demographic that you're targeting I wonder how much perceived value an ebook will have over a real ink-on-paper product, i.e. white paper.

      I think the white paper would get you more oohs & ahs from those requesting it.

      That being said can't you take the best parts of your ebook and convert it into a ink-on-paper special report?

      The likelihood is that you're not going to have a huge response to this, it's the nature of the beast, but each person who does respond is going to be a warm-lead, so instead of focusing on how little you want/desire to spend in order to inform them about your opportunity, figure out how much you can comfortable spend in this process in order to woo them.

      My guess is that you're talking about investments that are 4 figures or more... So how much is it worth to get just one person to invest say $10G?

      I would think that it would be worth several hundred dollars at least.
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  • Profile picture of the author ewenmack
    Originally Posted by mrniceguy123 View Post


    The recipients of the mailings (approx 1500 households) are targeted leads, based upon their interests, household makeup, levels of wealth, etc.
    From what you have said, I believe you can get a more targeted list.
    One that has only buyers of investment property. Past buying habits
    are a good indicator they will buy same and similar again.

    Can you be more specific about your proposed list?

    Best,
    Ewen
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    • Profile picture of the author mrniceguy123
      Originally Posted by ewenmack View Post

      From what you have said, I believe you can get a more targeted list.
      One that has only buyers of investment property. Past buying habits
      are a good indicator they will buy same and similar again.

      Can you be more specific about your proposed list?

      Best,
      Ewen
      The criteria for the list we're getting from infoUSA is as follows:

      -People that live within driving range of where we live.
      -Age: 35 to 59 who have income of at least 3 times the average income in the area.
      - Married
      - People that have home value of double the average home value in the area
      - They are homeowners, and have been for at least a year
      - They have a mortgage
      - Personal Finance between $60,000 to $1 million
      - Have an interest in investments and finance

      I'm open to finding a better target market, I didn't come up with that, I got it from someone online that claimed to have experience with a similar campaign.

      When I think about it, and re-read what I typed, that's a pretty crappy list, at best.
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      • Profile picture of the author ewenmack
        Originally Posted by mrniceguy123 View Post

        The criteria for the list we're getting from infoUSA is as follows:

        -People that live within driving range of where we live.
        -Age: 35 to 59 who have income of at least 3 times the average income in the area.
        - Married
        - People that have home value of double the average home value in the area
        - They are homeowners, and have been for at least a year
        - They have a mortgage
        - Personal Finance between $60,000 to $1 million
        - Have an interest in investments and finance

        I'm open to finding a better target market, I didn't come up with that, I got it from someone online that claimed to have experience with a similar campaign.

        When I think about it, and re-read what I typed, that's a pretty crappy list, at best.
        That is a compiled list which are easilly found.

        The best lists are made up of 100% buyers.

        Why?

        Because their previous actions are a good indicator
        they will buy similar again.

        They are easily found, if you know where to look.

        Best,
        Ewen
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        • Profile picture of the author ewenmack
          Here's a list for ya, active investors with at least
          half a million worth of investments...

          Joint Venture Investors Mailing List

          Now can you see the difference in list quality
          and what a difference it's going to make to
          the success of your campaign?

          Oh, one more thing, they responded to mail
          in the first place.

          Best,
          Ewen
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          • Profile picture of the author mrniceguy123
            Originally Posted by ewenmack View Post

            Here's a list for ya, active investors with at least
            half a million worth of investments...

            Joint Venture Investors Mailing List

            Now can you see the difference in list quality
            and what a difference it's going to make to
            the success of your campaign?


            Best,
            Ewen
            Absolutely! Question: what does the "M" stand for in the "Counts through 06/25/2013" field, where it says $125.00/M?
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            • Profile picture of the author ewenmack
              Originally Posted by mrniceguy123 View Post

              Absolutely! Question: what does the "M" stand for in the "Counts through 06/25/2013" field, where it says $125.00/M?
              M stands for per thousand names.

              Best,
              Ewen
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          • Profile picture of the author mrniceguy123
            Originally Posted by ewenmack View Post

            Here's a list for ya, active investors with at least
            half a million worth of investments...

            Joint Venture Investors Mailing List

            Now can you see the difference in list quality
            and what a difference it's going to make to
            the success of your campaign?

            Oh, one more thing, they responded to mail
            in the first place.

            Best,
            Ewen
            OK, I'm sold on getting/using a more targeted list to send mail to for a campaign. In it, I will mix it up and send different things to see what works; lumpy mail, sales letters, postcards, etc.

            I also like the idea of extracting main points from the ebook and make a physical "report" that the targeted list could find valuable.

            Questions:

            1. On each subsequent mailing, would the call-to-action be the same (eg to give us a call to discuss further), or is it sometimes ideal to switch up the call to action during a campaign?

            2. How could I work that physical report into the campaign? Include it in the first mailing, along with the letter? Could I send small 5-page reports every other mailing or so? Would I want to have them call for a free copy as a call to action on one of the mailings?

            I don't want to over complicate this, but I do want to have some sort of well-thought out strategy to this.

            I REALLY appreciate you all taking time to provide your insight.
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            • Profile picture of the author ewenmack
              Originally Posted by mrniceguy123 View Post

              OK, I'm sold on getting/using a more targeted list to send mail to for a campaign. In it, I will mix it up and send different things to see what works; lumpy mail, sales letters, postcards, etc.

              I also like the idea of extracting main points from the ebook and make a physical "report" that the targeted list could find valuable.

              Questions:

              1. On each subsequent mailing, would the call-to-action be the same (eg to give us a call to discuss further), or is it sometimes ideal to switch up the call to action during a campaign?

              2. How could I work that physical report into the campaign? Include it in the first mailing, along with the letter? Could I send small 5-page reports every other mailing or so? Would I want to have them call for a free copy as a call to action on one of the mailings?

              I don't want to over complicate this, but I do want to have some sort of well-thought out strategy to this.

              I REALLY appreciate you all taking time to provide your insight.
              Sounds like you should be hiring somone to set this whole campaign up,
              or oversee it.

              You've missed the list as being not up to scratch...
              makes me wonder what else you are missing.

              And those things could come from the questions
              you are not asking.

              Best,
              Ewen
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              • Profile picture of the author mrniceguy123
                Originally Posted by ewenmack View Post

                Sounds like you should be hiring somone to set this whole campaign up,
                or oversee it.

                You've missed the list as being not up to scratch...
                makes me wonder what else you are missing.

                And those things could come from the questions you are answering.

                Best,
                Ewen
                I'm all-for paying to leverage someone else's expertise to improve the efficiency of a campaign.

                What's the title or profession of someone that tends to get paid to oversee direct mail campaigns? Sales funnel specialists, or something?
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                • Profile picture of the author ewenmack
                  I don't know what investments you have available,
                  I'll give you an example how a realtor
                  gets investors to buy from out of State.

                  He appeals to their childhood memories
                  when the neigborhoods were safe, you could leave
                  your windows and doors open, how everybody knew
                  your name.

                  He would go on to say such a place does still exist
                  and rental returns are good and safe, just like the town.

                  I bring this up because, depending on the nature of your investments,
                  attaching the right emotional appeal to your right list is what will bring home the bacon.

                  Best,
                  Ewen
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            • Profile picture of the author TheBigBee
              Here is something I am going to try. I'm going to title an upcoming ebook for a long tail term that gets a decent amount of search volume. I'll publish it on Amzn. However, it will be offered for free on my site.

              This approach has been inspired by Claude Whitacre. If you Google "selling local advertising" you see his stuff on Amzn.

              The goal then is to try and rank the book for the term / title I am targeting.

              When you publish in a marketplace like AMZN it makes you appear more legit. That seems important for what you're doing.

              For me it's all about saving myself time as we can "skip" the initial consultation (the book serves that purpose) and jump right into paid offers. Claude makes an offer and quotes a price in the back of that book.

              I'll likely mimic that.

              My two cents.
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              FILL IN THE BLANKS!
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              • Profile picture of the author mrniceguy123
                Originally Posted by TheBigBee View Post

                Here is something I am going to try. I'm going to title an upcoming ebook for a long tail term that gets a decent amount of search volume. I'll publish it on Amzn. However, it will be offered for free on my site.

                This approach has been inspired by Claude Whitacre. If you Google "selling local advertising" you see his stuff on Amzn.

                The goal then is to try and rank the book for the term / title I am targeting.

                When you publish in a marketplace like AMZN it makes you appear more legit. That seems important for what you're doing.

                For me it's all about saving myself time as we can "skip" the initial consultation (the book serves that purpose) and jump right into paid offers. Claude makes an offer and quotes a price in the back of that book.

                I'll likely mimic that.

                My two cents.
                I like that idea. I have an ebook that was on Amazon for another niche.

                In this instance, however, as someone else pointed out, there's a large part of my target market that probably don't embrace or understand eBooks, so I'm hesitant to go the ebook route this time-around.

                I think I'm going to extract some of the main points and make small tangible guides instead.
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      • Profile picture of the author savidge4
        -People that live within driving range of where we live.
        -Age: 35 to 59 who have income of at least 3 times the average income in the area.
        - Married
        - People that have home value of double the average home value in the area
        - They are homeowners, and have been for at least a year
        - They have a mortgage
        - Personal Finance between $60,000 to $1 million
        - Have an interest in investments and finance


        HEY... that's me! well uh I mean I know that demographic... your in trouble! hahaha

        35 to 59 with 3x income they will have 2 nice car payments, they will have at least 1 toy ( Boat RV ) on payment, 25% will have a second property, with a payment. Their house is 2x the average home value because they major remodeled. IE they spent a lot of their own capital and or have 2nd mortgage. ( they are probably recently refinanced - after the renovation, to show increase value to get the PMI dropped to decrease their house payment )

        The 60K to 1M is an interesting number. Going back to the first criteria 3x the average income... is the average income in your area 20K? ( South Carolina, Mississippi, or West Virginia maybe ) So regardless of your previous Criteria your list is going to consist of Families close in proximity with a mortgage what make more than 60K.

        SO the last bit of criteria... Yeah they are interested, because they don't have any.( Other than a 401k at work ) they are all in the age group that start thinking about their future, and they are probably starting at square one. I would sell your list off to a financial planner... it is probably worth more to them than you!

        As stated earlier, I would focus on your tight list of 84 before wasting time and money with this
        Signature
        Success is an ACT not an idea
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        • Profile picture of the author mrniceguy123
          Originally Posted by savidge4 View Post

          -People that live within driving range of where we live.
          -Age: 35 to 59 who have income of at least 3 times the average income in the area.
          - Married
          - People that have home value of double the average home value in the area
          - They are homeowners, and have been for at least a year
          - They have a mortgage
          - Personal Finance between $60,000 to $1 million
          - Have an interest in investments and finance

          HEY... that's me! well uh I mean I know that demographic... your in trouble! hahaha

          35 to 59 with 3x income they will have 2 nice car payments, they will have at least 1 toy ( Boat RV ) on payment, 25% will have a second property, with a payment. Their house is 2x the average home value because they major remodeled. IE they spent a lot of their own capital and or have 2nd mortgage. ( they are probably recently refinanced - after the renovation, to show increase value to get the PMI dropped to decrease their house payment )

          The 60K to 1M is an interesting number. Going back to the first criteria 3x the average income... is the average income in your area 20K? ( South Carolina, Mississippi, or West Virginia maybe ) So regardless of your previous Criteria your list is going to consist of Families close in proximity with a mortgage what make more than 60K.

          SO the last bit of criteria... Yeah they are interested, because they don't have any.( Other than a 401k at work ) they are all in the age group that start thinking about their future, and they are probably starting at square one. I would sell your list off to a financial planner... it is probably worth more to them than you!

          As stated earlier, I would focus on your tight list of 84 before wasting time and money with this
          Yep, I agree. Glad I decided to post about this.
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  • Profile picture of the author Peter Lessard
    Just thought I would chime in.

    I have had huge experience with trying to get high net worth individuals to raise their hand via direct mail and fax broadcast to business owners. It was for selling very large insurance plans.

    1,500 is a small list. The guys I worked with were in the game for 30 years! Even with very large lists you cannot imagine the time it took to discover superstar funnels that worked. I will share 2 quick things that gave them crazy conversions.

    One was sending people to a pre-recorded messages and they could tell instantly after someone had called that message and what the number was and they would call that person to see if they had questions. The message had the option of being transferred to a human at any time. The message of course was created by an A list writer and recorded by a professional voice over that sounded so sincere you would of given this guy the keys to your house.

    The other was a fax piece to business owners. The piece was crafted to look like a newspaper article and to look like it had been badly photo copied and in the bottom left it had a human signature of "Thought you should see this, Steve" This piece offered the recorded message option and a web site where one could get a valuable report and also threw them into an autoresponder series..

    The real key to success in this was the mail piece, voice script and fax that went out. It has to be gold! It really has to be gold when you only have a list of 1,500! I would not dream of getting any response unless it was created by an A list writer with HUGE experience in getting replies from these type of folks. Look up Ewen Mack on this forum see if he might be interested or can point you to someone that is if your piece has not been created by someone that has a huge proven track record in getting responses from mail pieces.

    Finally, assuming you can sell, I mean really really sell you gotta be able to get on the phone with them as soon as they raise their hand. Not in 15 hours, not the next day. I sat across the hall from 2 guys that were in their 60's that were the top grossing life insurance sales guy in Canada. When someone raised their hand either on their site or by calling in that line they were on the phone with them in minutes and holy hell did they sell insurance. They also always found a way no matter what to get permission for further discussion.

    They would do things like this:

    "Listen Mark I know its too soon to make a decision but I can see there is some interest. I don't usually do this because they cost me money but what if I send you a hard copy of the XYZ report to look at. All I ask is you keep it to yourself and later if you have questions we can talk"

    Of course there was always a follow up call no matter if the prospect called back or not.

    Also for my 2 cents if you are only targeting 1,500 people the mail piece had better look personal such as hand written address etc...

    Good luck.
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    • Profile picture of the author mrniceguy123
      Originally Posted by plessard View Post

      Also for my 2 cents if you are only targeting 1,500 people the mail piece had better look personal such as hand written address etc...

      Good luck.
      Thanks for chiming-in. I really like the pre-recorded call idea.

      When you said "look personal," I assumed that you're more in-favor of a hand-written, stamped envelope that has a no-heading sales letter in it.

      Do you prefer sales letters over postcards, as well?
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  • Profile picture of the author misterme
    Originally Posted by mrniceguy123 View Post

    One of the misconceptions people have about this industry, is that they would be cutting "us" a check, which isn't the case.

    All the money would go to the title company, so they don't have to worry about cutting us a check and us running-off with their money. That misnomer is just one of the reasons I wanted to try to empower and educate with the eBook; because I address that concern in one of the chapters.
    Instead of burying something like that in one of the chapters - this may be something you'd want to make prominent up front and in fact consider for a starring role in your piece.

    Originally Posted by mrniceguy123 View Post

    promoting the investment opportunity...
    Hmmm, it may yield better to promote the benefits of the investment op.
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  • Profile picture of the author vndnbrgj
    I think you should....
    Use your dang funnel. Although, it didn't sound like a very drawn out funnel.
    Take your ebook, and rip all the gold out.
    Make your ebook, a 5 page or so, short report.
    Make your report address the concerns going on inside the minds of your prospects.

    I would test the phone number vs. report option.
    I wouldn't do the... phone number with report with contact form option.
    On your report piece, I would include your number along with your business address.
    If you have any questions, you can give us a call at 555-1212

    From the report, I would sell them something.
    This has to be a small sale. Think of something valuable that you can provide and sell for under $20.

    From the small sale, I would sell my core real estate investing service.

    Then grow the funnel more from there.

    You should be able to get other companies to help support the marketing.
    I know of a title company around here that will pay a minimum of $500 towards the cost to have their logo displayed in a one inch by one inch corner.
    What other companies benefit from your services?
    Who do your clients go to before, during, and after using your service?
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    • Profile picture of the author MRomeo09
      I think part of what has been completely missed is it's not so much about your funnel, it's about HOW you're going to mail. It sounds to me like you're only going to mail once, if you're only going to mail once, just write me a check for $1,500 and you'll make about the same amount of money. Except I'll use the money better than the US postal service.

      I agree with Ewen, you need a better list. I did exactly what you're talking about through 2000-2005. You can go one step further, and find people who have already done exactly what you want them to do. All mortgages are public information, they must be recorded. Spend that same grand or two, hire some $2-4 an hour outsourcers to research all recorded mortgages and assignments and look for people or company names that aren't your normal banks. Now many of these are going to be complete crap, not really real estate investors but family planning activities. But you can use the cheap labor to find the raw ore, now it's up to you to get the gold out of it. If they've made loans and mortgages before, then chances are "they get it", and they'll do it again. It's much harder to educate someone who happens to have wealth but has never done it before.

      There are only going to be a handful of those people in your city. But they are the definition of HOT prospects. They want to talk to you, they want what you provide. You only need 1-2 guys with access to capital, many of them have access to millions. And now you don't mail them once, you never stop mailing them, you do lumpy mail, you do fedex, you call them(if you can do it legally). Forget the funnel, it's irrelevant. They want to pick up the phone and talk to you. At least that was my experience, it was also ten years ago....so...

      Regardless if you don't heed my advice, still find a way to get a better list, and if they are worth mailing once, they are worth mailing at least 3 times, they are worth being creative with. It's about putting in a sequence, a true marketing campaign. You won't know what funnel will work until you try it out and test it, but without a true marketing campaign the funnel is kind of irrelevant.
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      • Profile picture of the author mrniceguy123
        Originally Posted by MRomeo09 View Post

        I think part of what has been completely missed is it's not so much about your funnel, it's about HOW you're going to mail. It sounds to me like you're only going to mail once, if you're only going to mail once, just write me a check for $1,500 and you'll make about the same amount of money. Except I'll use the money better than the US postal service.

        I agree with Ewen, you need a better list. You can go one step further, and find people who have already done exactly what you want them to do. All mortgages are public information, they must be recorded. Spend that same grand or two, hire some $2-4 an hour outsourcers to research all recorded mortgages and assignments and look for people or company names that aren't your normal banks. Now many of these are going to be complete crap, not really real estate investors but family planning activities. But you can use the cheap labor to find the raw ore, now it's up to you to get the gold out of it. If they've made loans and mortgages before, then chances are "they get it", and they'll do it again. It's much harder to educate someone who happens to have wealth but has never done it before.

        There are only going to be a handful of those people in your city. But they are the definition of HOT prospects. They want to talk to you, they want what you provide. You only need 1-2 guys with access to capital, many of them have access to millions. And now you don't mail them once, you never stop mailing them, you do lumpy mail, you do fedex, you call them(if you can do it legally). Forget the funnel, it's irrelevant. They want to pick up the phone and talk to you. At least that was my experience, it was also ten years ago....so...

        Regardless if you don't heed my advice, still find a way to get a better list, and if they are worth mailing once, they are worth mailing at least 3 times, they are worth being creative with. It's about putting in a sequence, a true marketing campaign. You won't know what funnel will work until you try it out and test it, but without a true marketing campaign the funnel is kind of irrelevant.
        I put together a list of people that have funded private mortgages in the last six months. We mailed to them once with no responses, but I think you're right, we need to do a campaign, and continually reach out to them.

        You're right, there weren't that many. Only 84. But like you said, we only need one or two. I have a buddy doing quite well with two.

        I was planning on a campaign with this new list, but I had forgotten about that low-hanging fruit. I think we'd be better off mailing to a list like that, where they are people that already "get it."
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  • Profile picture of the author floridamarketer
    Why not send a yellow letter to people who have funded 1 or more all cash purchases in the last 12 - 24 months?

    This could easily be found in public records, btw.
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    • Profile picture of the author ewenmack
      Originally Posted by floridamarketer View Post

      Why not send a yellow letter to people who have funded 1 or more all cash purchases in the last 12 - 24 months?

      This could easily be found in public records, btw.
      Those purchases could be their own home,
      or hoilday home.

      The list won't indicate they are investors which are
      the target audience.

      Best,
      Ewen
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    • Profile picture of the author mrniceguy123
      Originally Posted by floridamarketer View Post

      Why not send a yellow letter to people who have funded 1 or more all cash purchases in the last 12 - 24 months?

      This could easily be found in public records, btw.
      I thought about yellow letters, but yellow letters come across as being a little unprofessional for an initiative to solicit investors. But maybe not.
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      • Profile picture of the author ewenmack
        To help select the right list and get a higher response,
        iask the list broker/owner if you can get an idea as to
        what was the promo which created the list.
        Also ask what type of promos are repeat buyers of the list.

        The closer you can match your promo to what has worked
        for the list, you are putting the odds in your favor.

        Best,
        Ewen
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      • Profile picture of the author savidge4
        I just wanted to take a minute and thank everyone that participated in this thread. I am going to say this has been one of the most constructive threads I have seen on Warrior Forum.

        This thread touched on the 3 most common areas covered across WF; Content, Targeted Traffic, and Delivery. Regardless of the avenue IE offline / online, The same 3 principles are in play.

        What made this thread so incredible for me was the level of sharing by A) the OP and B) the rest of us. The ability to ask questions and get real answers was refreshing. To understand what they were doing, how they wanted to do it, and to whom they were targeting is what made this so special.

        Once again, thanks for the good read!
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        Success is an ACT not an idea
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