Gone are the days when married men
make up the bulk of the home buying population. These days, its fair game for
all; and young, single, successful women continue to fill up a bigger chunk of
the home buying prospect base.
Marketing to all prospects in the
same way is often very unsuccessful. You need to slightly alter your efforts to
cater to different groups.
Are your efforts appealing to this
hip demographic?
4 tips on how to market
to women who are young, fabulous and ready to buy a
home.
- Know
These Women and Advertise Where They’ll Be Looking
How much do you know about this
group of prospects? Where do they hang out? What magazines do they
read?
If you want to be the agent who
lands these clients, you need to be advertising where they are already looking.
Do market research on women who fall into this category and determine where your
marketing dollars can best be spent.
Suggestions for Media Vehicles for
the single woman:
-Magazines that deal with their
interests: from fashion to business to dating.
-Mall advertising, by nature, single
people have more money and time for shopping than their married
counterparts.
-Commercials during TV shows geared
to their demographics
-Drivetime radio
ads
-The internet: purchase ad
space on popular social networking sites that
many singles use for dating,
business and to keep in touch with friends.
2. A single Word or Picture Can Make All the
Difference
The look and feel of your
advertising needs to appeal to the single mindset. Showing pictures of homes
with a family of six and collie standing on the front lawn probably isn’t your
best bet to snagging a single, young woman as your
client.
Be sure
to:
-Use sleek and stylish pictures and
graphics
-Use fonts and colors that are
appealing to women
-Use the same jargon that they do.
-Dare to be a little sexy or funny
in your concept
If you’re buying promotional items
for an event, skip the magnets. Try martini glasses or something practical for
their office.
- Know
What They’re Looking For
Before you even begin marketing,
figure out what type of property these women are most likely to
buy.
The odds of one person needing a
seven bedroom estate are slim to none.
Are these women looking for condos?
Do you live in a city where apartments can be purchased? Are there new
townhouses popping up in your area?
Show off the listings you have for
these smaller units and make yourself known as a condo or townhouse
expert.
Make sure your website is filled
with photos and details about these hot properties.
Some condo and townhouse complexes
allow pets, others don’t. Make this clear on your
site.
- Celebrate Their
Lifestyle by Providing the Information They’re Looking
For
Throughout history, single women who
have caught enough flack for their decisions. It’s the 2000s and time to
celebrate women who choose to be independent.
When writing content for your
website, it’s important to focus on information about schools, but that doesn’t
mean much to a single woman with no children. Make sure to also include the
types of things they’re looking for.
When moving to a new area people are
often interested in:
-Nightlife
-Restaurants
-Information on the closest local
city
-Accessible highways (for work or
for visiting family and friends)
-Local women’s groups or singles’
groups
-Church or community organizations
to volunteer in
-Malls and other
shops
Remember one of the best parts about
doing business with a single woman is that she is the sole decision maker. When
you sell to a couple, both people need to agree to use you as their agent and
also agree on the same home. If you can get a single woman on your team, her
opinion is the only one that matters. So don’t overlook this ever growing
demographic; get women with the money and power to buy a home on your
side.
Success Notes
Bonus Tip:
Join forces with local furniture and
decorating shops in your quest to advertise and promote. Single women have the
joy of being able to decorate their new home anyway they want. Provide links on
your site to local places where they can purchase items for their new
digs.
In the next
Success Notes…
Have you ever paid attention to the
marketing tactics used by the fast food industry? Real estate professionals
could probably learn a thing or two from the aggressive ways of the fast food
marketer. In the next Success Notes, we’ll discuss how taking pointers from
fast food marketing gurus can help you to super size your next
commission.
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