The Bounce Rate Podcast
In this episode of The Bounce Rate we explore how businesses with long purchase cycles (your realtors, your urgent care clinics, your mattress sellers.) We discuss why it’s important to stay visible when customers only buy every few years. From displaying neighborhood expertise, unique signage, and medical upsells, we highlight the challenges of low-frequency buying and the mortgage lock that slows housing turnover.
EPISODE TRANSCRIPT +
WEBVTT
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Welcome. This is the bounce rate. Eventually, I’m just going to record myself saying that.
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And then it’ll be right the first time. It’ll be right the first time.
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I won’t need to retake it.
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I mean, we’ve been here for 17 minutes. As you say, welcome to the bounce rate.
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I think you need to- 17 minutes. What was that, 92 takes? Yeah, it’s been a while.
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It’s been a while. So today, we’re going to talk about what happens when you’ve
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got a product that someone’s not going to buy maybe even once a year?
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How do you stay in front of eyeballs?
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What are some of the key industries that find themselves in that situation?
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And what are the ins and outs of marketing when it comes to staying engaged
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with someone that you might not purchase from them for three years?
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We talked a lot about this at the beginning. I do not own a home.
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Both of y’all own, have owned homes.
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We- I actually own James’s home. You own James.
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We have a feudal, we’ve got a feudal system going on. Is that what you asked
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me to sign the other day? He pays rent in cabbage. We’re peasants.
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But I, it’s interesting because I have a number of realtor friends and some
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of them are, you know, going strong.
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Some of them have stopped. They’ve just said they’ve given up because the amount
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of people, the amount of money that people have to purchase homes and mortgages is very different.
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That’s what we always think about. But today we’re going to talk about what
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are some different ones that have that sales cycle and how can we make content
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marketing work for them?
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I thought for a second there you were saying that you had real friends,
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and I was going to call you on that.
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No, they’re all— This is going to be the Beat on Roger episode.
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This one? This one. Unlike all the others where we have a supportive, caring, and safe space.
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No, they’re real estate friends. Oh, real tours.
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Oh, I thought it was real or fake friends.
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Yeah, no. No, real tour. So are
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those, and there’s a difference between a Realtor and a real estate agent.
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Okay. So let us know what the difference is. Enlighten me.
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So Realtor is a certification and it’s a industry group that certifies real estate agents.
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So they are all real estate agents because they have been certified by the state
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to sell and they’re allowed to engage in negotiations and do all those things.
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Realtors are an industry certification that’s a step above,
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certainly according to the real estate realtor organization,
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that allows them to say that they are a realtor and go on and basically they’re
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saying, hey, look, I have this extra training.
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I have this extra information and so forth. Okay.
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That’s actually handy to know.
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Yeah. So, are your real estate agent and or realtor friends and your real friends,
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are they… They’re saying that it’s just a dry market?
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Are they… They’re saying that it’s just too hard to get financing? What are they…
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What are they doing about it? Are they leaving? What are your two friends saying?
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My two real realtor friends. They…
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Just my understanding is that the market is, there’s not a lot of buyers and
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a lot of sellers are holding out for extremely high payoffs.
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I think it’s, I’m sure it kind of depends on what part of the country you’re in.
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I don’t know of too many markets right now that are hot.
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Texas is still pretty moving along. I heard recently that Houston was still doing okay.
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I think one of the biggest problems is the mortgage lock.
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If you bought your home 10 or 15 years ago, you’ve got a crazy low interest rate. Yeah.
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And if you’re not downsizing to where it’s going to be all equity,
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you don’t want to give up that loan. No.
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That makes it really difficult. Yeah, I mean, I’m not letting go of mine unless,
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you know, it absolutely makes sense, right?
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Or something magical comes along because I’ve got a really low interest rate.
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So you’re a real estate agent. You’re looking at the market.
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It’s not like you can call all of your past customers and say,
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hey, why don’t you buy now?
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Because chances are. Who’s this? Yeah.
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And I think it’s like down to, I think it’s like seven years.
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It used to be like 12 years that it took for somebody to move.
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And I think the average is closer to seven now, but it’s seven years on average
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between buying and selling a house.
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Which seems short to me, but I mean, I guess that makes sense. You know what I mean?
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Yeah. So I guess what levers does that person, does that real estate agent have to pull to try to.
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Jar up new business. Well, one thing that is obviously big is signage.
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I drive by, so the area I live, there is a neighborhood where they’re selling
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a lot of like older, like it’s being gentrified and they’re selling a lot of the older homes.
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And every time I drive by, there’s like another sign. The name is really clear.
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The image is really clear. And it’s, it’s
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not just like a lawn sign like they’re getting more elaborate yeah i’ve noticed
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some of those yeah yeah one the the realtors that i that i see their name a
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lot they have the same name as a celebrity of like an actor and it’s interesting
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because i’m like oh he could have just changed his name to.
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Thomas to not be confused but why would
00:06:06.279 –> 00:06:09.559
he if his name was tom cruise yeah say
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hey i’m tom cruise so it’s uh i
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think visibility and keeping that visibility
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like that seems i mean that’s key one
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thing that keeps i always go back to because i’ve thought this there’s this
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woman that lives in my neighborhood she’s been a realtor for 20 years and she
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we don’t we live in a subdivision of houston greater houston and so we live
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in a subdivision called westbury and it’s not tiny but It’s not really big.
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Can you give your exact address and social security number?
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No, no, no. Not this time. But her marketing is all about how she is a Westbury expert.
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Yeah. And she moves. She does a lot, right?
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It really paid off for her because so many of my friends that live in the neighborhood
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have used her for investment properties or move in.
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And she does a good job of getting the mailers out there, staying in front of
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you. but she’s really established herself as that expert, right?
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Of course she can sell real estate in other areas, you know what I mean?
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But people think of her when they think of our neighborhood.
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Yeah, that micro, that targeting, that micro targeting is vital for that kind of business.
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Because you’re either just in with the herd or at least people,
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whether it’s true or not, is knowing Westbury that different from knowing Bel Air?
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You know i i don’t know but but at least as
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people certainly for trying to find people that are selling their
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house it makes a lot of sense that i might use the person
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that i’m seeing at all over my neighborhood i do i do see that where the area
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that i live when it flooded we saw floodwaters completely fill up the bayou
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and like turn it into a lake.
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And I could definitely understand if, if you’re familiar with the floodplain
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and you talk to someone and they don’t seem that familiar with the floodplain or with.
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The the vibe of the neighborhood or you know it i’m sure it’s pretty apparent
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of like oh this person doesn’t know this neighborhood at all i mean that’s a
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new thing that we all now consider in houston because we’ve had so many floods
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right like yeah you know that’s a question that honestly,
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10 years ago i would never maybe 15 years ago i would never have asked you know
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pretty harvey pretty hard yeah but safety like safety in general too where you
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know i have this trail near my house that I used to love to walk on.
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And the lights, because of the construction, the lights have been off for six months.
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So if someone tries to sell me a house and say, oh, it’s got this walking trail,
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but I know that there’s no lights, that it doesn’t feel safe,
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I’ll be like, this guy is bogus.
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So I totally understand how someone would need to show that they’re at least
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aware of an area versus just trying to get a house off the market.
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So that’s all well and good, but you have to get that message out.
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And if you’re looking at the one side of that equation of, for realtors,
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I need sellers and I need buyers.
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So the sellers make sense, right? All this plays out very well.
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I’m going to be the Westbury person. All the people that live in Westbury will
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see me because, you know, obviously I’m advertising at the local grocery store that they all go to.
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I’m doing mailers out to the doors and then they’re seeing me on my signs at
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all the open houses that I’m having. If I want buyers…
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That’s a different proposition because there is some Westbury to Westbury purchases,
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I’m sure, but I’m sure there’s a lot more coming in or leaving.
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Yeah, 100%. On the buyer’s side, you see a lot of people spending money on Zillow
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and Google local service ads, things like that, because those are buyers actively
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looking into the market.
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But those are people that are searching. A lot of times people don’t get to the search.
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Right because they already are aware of somebody does
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it make sense no what do you mean well like
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if i’m going to zillow looking or
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if i’m on google searching you know that’s later
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in the sales cycle versus knowing somebody
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to go to you’re talking about like referrals yeah i
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mean referrals or just branding though but i guess
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as you’re saying like there’s a whole population that
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never even gets to the realtor in my
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area step because they ask
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their friends and their friends recommend someone or they see someone’s name
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somewhere and they call that person directly or they find they do their own
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research find the house they want and call that realtor yeah if it’s already
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listed yeah yeah and most i mean i think most stuff that’s bought is already
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listed do i yeah i just mean.
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Now, there’s another one we were talking about before. Houses are big. It’s a hot button issue.
00:11:24.436 –> 00:11:30.136
But one that is, we don’t really think about it until it’s too late,
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are urgent care clinics and emergency rooms.
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There’s been a huge crop of those come up where I grew up, and you see them all the time.
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I just, you know, not those specifically, but I just had a medically related
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missed opportunity to upsell me because I didn’t remember when my last colonoscopy was.
00:11:54.416 –> 00:11:58.436
So I had to call in and they got back to me and they said, oh,
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no, you’re good for like another three years. I’m like, missed opportunity. Hello.
00:12:02.916 –> 00:12:06.576
You know, just get me. You know, you’re normally scheduled for three years,
00:12:06.656 –> 00:12:08.996
but why don’t you come in for a top up? Yeah.
00:12:09.496 –> 00:12:12.996
Well, in a while you, you raise, and check out that rear end.
00:12:13.196 –> 00:12:15.216
Yeah. You, you raise a good point.
00:12:15.596 –> 00:12:19.056
Eric wrote a good point. No raised. You raised it.
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And that is integrity and leading with value because relationship,
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having a relationship, like if, if.
00:12:29.270 –> 00:12:38.470
I am willing to give a restaurant two or three chances before I say I’m never going back there again.
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If I order the clam chowder and it’s not great, I’ll be like, you know what?
00:12:44.570 –> 00:12:47.990
I hate clam chowder. Why did I order this? That’s what you would say.
00:12:48.310 –> 00:12:49.850
I’d say, I love clam chowder.
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Chowder. I’d say, you know what? That wasn’t great.
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I need to try their pupusas. And I tried their pupusas and I’m like. Wait a second. Whoa.
00:12:58.550 –> 00:13:03.090
Time out. I was talking about you went to a restaurant that has clam chowder and pupusas.
00:13:03.250 –> 00:13:05.130
I tried their pupusas. I’d say this is. And then you’re like,
00:13:05.210 –> 00:13:07.310
let me try your. Let me try the beef Wellington.
00:13:07.510 –> 00:13:09.490
Yes. The London broil. London broil.
00:13:09.850 –> 00:13:14.070
Yeah. And what about an udon bowl? And then that third thing.
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And I’m like, you know what? I don’t really want to go here anymore.
00:13:17.590 –> 00:13:21.590
Just note to everybody listening. If you’ve never tried a pupusa, you’re missing out.
00:13:21.730 –> 00:13:25.830
They’re great. Do it. They’re great. I just learned about those like three years
00:13:25.830 –> 00:13:27.750
ago. We had interns here at Indoor Media.
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I brought them in. I don’t remember. Oh, no, I take it back.
00:13:32.790 –> 00:13:37.550
It was before the interns came. We had an employee here that would sell homemade ones.
00:13:37.930 –> 00:13:41.130
And so they were every time and I was talking to it.
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We had a woman here that was from Guatemala and I was talking to her.
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I was like, what’s that on your desk? And she’s like, they’re poof poof says.
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I was like, where’d you get this?
00:13:50.490 –> 00:13:54.610
So I got in on that deal and then she leaves the one that was making them.
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Oh my God, what am I could do.
00:13:56.270 –> 00:13:59.470
So not long after that, I had interns come in.
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I was like, okay, hey, I got to take these interns to lunch.
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They’re juniors in high school. They’re going to chow down. I was like,
00:14:06.490 –> 00:14:07.690
well, let’s go to the pupusaria.
00:14:08.090 –> 00:14:12.810
So we go, it was the cheapest team lunch I’ve ever had in my life.
00:14:12.890 –> 00:14:14.230
It was like, I don’t know.
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I think on average it was 375 per kid.
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I was just amazing. And they all walked out and thought I was a hero.
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That’s my poop. So go to a poopoo-seria. Yeah, they’re fantastic. Yeah.
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Sorry to digress. But on the off chance that they’re not great, I’m still going to be.
00:14:32.727 –> 00:14:35.467
I’m going to, I’m going to give that restaurant one more chance.
00:14:35.547 –> 00:14:40.887
I will even go as far as to say, if this restaurant is right next door to my
00:14:40.887 –> 00:14:43.647
house, I still might give them a chance.
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If the choice is between getting into Houston traffic and just walking next
00:14:48.147 –> 00:14:52.747
door to try their sushi, I’m going to get, I might even give them one more chance.
00:14:52.947 –> 00:14:58.667
That is, I think psychologically not the case with emergency room.
00:14:58.667 –> 00:15:02.047
Well, maybe emergency rooms, but with urgent care,
00:15:02.207 –> 00:15:08.607
for sure, if I went to an urgent care and it wasn’t, it was a bad experience
00:15:08.607 –> 00:15:13.387
and there’s one 10 minutes away, I could definitely see myself saying,
00:15:13.487 –> 00:15:15.987
all right, well, I don’t go to that one. I go to this one over there.
00:15:16.847 –> 00:15:23.667
How many times, rough guess, in the past seven years have you and or your significant
00:15:23.667 –> 00:15:26.727
other gone to the emergency room? Roger. I have not.
00:15:27.287 –> 00:15:30.307
What about you, James? in your family.
00:15:31.487 –> 00:15:36.427
We’ve probably, in the last two years, we’ve probably been like six times.
00:15:37.267 –> 00:15:39.747
But I have two teenage boys. It’s all the kids.
00:15:41.727 –> 00:15:43.007
Was I one of them?
00:15:43.935 –> 00:15:49.915
I think so. I’ve had my share. So my wife and I have probably gone,
00:15:50.195 –> 00:15:55.415
I don’t know, maybe once every two years or something each.
00:15:55.635 –> 00:15:58.315
Maybe not that. You know, just weird stuff as you’re getting older or whatever.
00:15:58.775 –> 00:16:04.335
So we always go to the same emergency room. Do you go to the different ones or what do you do?
00:16:04.495 –> 00:16:08.795
Because you’ve got to have a frequent flyer program, man. Depends on what is.
00:16:08.895 –> 00:16:11.995
I actually did go to the urgent care the other day a couple weeks ago because
00:16:11.995 –> 00:16:13.915
our manager’s meeting we did in Costa Rica.
00:16:13.935 –> 00:16:20.635
Rica and I brought back a bug with me and I was kind of letting it roll for a while.
00:16:20.835 –> 00:16:24.015
And then one Saturday morning I got up and my stomach hurt so bad.
00:16:24.155 –> 00:16:27.935
I mean, it got really bad. I started chat GPT. I’d, I’d been staying in touch
00:16:27.935 –> 00:16:29.875
with chat GPT, updating it. Dr.
00:16:30.075 –> 00:16:33.715
GPT. Yeah. And it was like, you need to go to the urgent care of the emergency
00:16:33.715 –> 00:16:35.535
room right now. And I was like, damn.
00:16:36.035 –> 00:16:39.955
And you probably started with typing in, do you think it’s a good idea?
00:16:39.955 –> 00:16:43.315
And it came back in the positive way that does i think this is a great idea
00:16:43.315 –> 00:16:48.075
for you well yeah it’s like so yeah strokes your ego really amazingly but yeah
00:16:48.075 –> 00:16:51.515
so if it’s if it’s something we’re not right sure about and it’s not like major
00:16:51.515 –> 00:16:57.275
we go to one that’s really close to our house yeah but if we know that it’s serious.
00:16:58.215 –> 00:17:03.335
Like there’s one literally across town that we go to because we know they’re
00:17:03.335 –> 00:17:07.635
not crowded they have all the equipment we need and we’ve been there a few times it’s like.
00:17:08.521 –> 00:17:14.881
You know, cause like one day my, my youngest son got in a confrontation with his older brother.
00:17:15.341 –> 00:17:18.701
Long story short, he comes into our room and his, his pinky toe is literally
00:17:18.701 –> 00:17:21.781
sticking out to the side. He’s not pointing straight anymore.
00:17:22.221 –> 00:17:25.741
And we, and it was like, it was a weekday and it was a night,
00:17:25.841 –> 00:17:26.701
it was like at 10 o’clock.
00:17:26.921 –> 00:17:30.641
And so we went to literally like three urgent cares in an emergency room.
00:17:30.921 –> 00:17:33.641
Emergency room had like eight hour wait.
00:17:34.181 –> 00:17:37.841
All the urgent cares were closed. So that’s when we finally,
00:17:38.141 –> 00:17:39.621
like, let’s go back to the one we know.
00:17:39.781 –> 00:17:42.721
And from that point on, we’ve always gone there. Yeah. Interesting.
00:17:43.301 –> 00:17:47.181
So I want to throw something out there when we’re talking about the differences,
00:17:47.201 –> 00:17:52.341
because we’re talking about, you know, businesses that have infrequent customers
00:17:52.341 –> 00:17:55.061
versus businesses that have frequent customers. Right.
00:17:55.521 –> 00:18:01.961
And I’m going to not, this isn’t a rule that applies all, but for a lot of the
00:18:01.961 –> 00:18:03.621
frequently visited businesses.
00:18:04.301 –> 00:18:08.541
Restaurants, car washes, a lot of your marketing, not all of it,
00:18:08.621 –> 00:18:11.561
but a lot of your marketing is going to be tied into your location, right?
00:18:11.981 –> 00:18:15.661
Because you’re very visible to a local market. Doesn’t mean you don’t have to
00:18:15.661 –> 00:18:18.221
do anything else, but you’re going to have some visibility.
00:18:18.741 –> 00:18:21.401
On the other side where we’re talking about infrequent customers,
00:18:21.701 –> 00:18:25.201
other than urgent cares, and I’m sure there’s some more, but we’re talking about
00:18:25.201 –> 00:18:27.081
realtors and insurance and lawyers.
00:18:27.501 –> 00:18:32.941
A lot of those businesses don’t have that natural I mean, you’re invisible, right?
00:18:33.061 –> 00:18:36.701
So you have to do something to get yourself out there, right?
00:18:36.821 –> 00:18:40.801
Like you’ve got to, other than, you know, some people live and die off referrals,
00:18:41.181 –> 00:18:42.661
fine, that’s your business model.
00:18:43.021 –> 00:18:47.541
But if you want to grow and, you know, you’ve got to take part, what do you think?
00:18:48.635 –> 00:18:55.895
Yeah, it’s a tough one. Those businesses, you just don’t have the kind of levers
00:18:55.895 –> 00:19:00.135
to pull that a frequent visitation business does.
00:19:00.135 –> 00:19:07.555
The biggest difference is almost any kind of local business that has regular
00:19:07.555 –> 00:19:10.075
customers on a monthly basis, like you said, restaurants, whatever,
00:19:10.375 –> 00:19:17.435
it is very easy, almost no barrier at all, to collect customer data and then
00:19:17.435 –> 00:19:24.455
send information out to them and get them to use your facility because at any given time, I’m hungry.
00:19:24.875 –> 00:19:30.235
Like literally at any given time, I am hungry. Very minimum, three times a day.
00:19:30.335 –> 00:19:33.155
Not even close. For most Americans, more like five or six.
00:19:33.315 –> 00:19:35.515
Yes, yes. A second lunch, whatever it is.
00:19:35.895 –> 00:19:41.855
So anytime you send me any communication, there’s a good chance I’m already on the buyer journey.
00:19:42.495 –> 00:19:48.315
When you’re talking about real estate, urgent care, insurance even,
00:19:48.555 –> 00:19:55.175
the chances that whatever message you’re sending to me are aligned with my intent
00:19:55.175 –> 00:19:57.475
to buy at that point are pretty slim.
00:19:57.635 –> 00:20:04.055
Yeah. You know, and that’s and I think that’s a big reason why the concept of
00:20:04.055 –> 00:20:10.875
content marketing has been major for the past over a decade since I mean,
00:20:10.975 –> 00:20:16.875
since the Internet really started going where you have to lead with value. you.
00:20:16.955 –> 00:20:19.375
You have to give people five tips.
00:20:19.535 –> 00:20:25.615
You have to give people, hey, here’s a free download because you’re proving
00:20:25.615 –> 00:20:31.695
your stuff and also you’re connecting and endearing yourself to someone.
00:20:31.815 –> 00:20:36.235
So they go, you know what? I remember that person gave me a free checklist and
00:20:36.235 –> 00:20:40.635
I looked at it and it looked accurate. So, you know, I’m going to give them a call next time.
00:20:40.775 –> 00:20:45.895
There’s also the factor of networking where you might not be.
00:20:46.772 –> 00:20:51.192
Needing to go to the emergency room or you need to go to an urgent care clinic,
00:20:51.192 –> 00:20:57.412
but maybe you talk to someone in your network and they mention it and they’re looking for guidance.
00:20:57.672 –> 00:21:04.412
Well, if they’re on top of, if that urgent care clinic is on the top of their
00:21:04.412 –> 00:21:06.432
mind, then they can spread that information.
00:21:06.672 –> 00:21:12.512
So even if it’s not directly someone who will be needing to go see emergency
00:21:12.512 –> 00:21:20.512
medical services soon, in their network, there certainly might be one or two that will.
00:21:21.432 –> 00:21:26.332
I got to throw something out here. What about a concept of brand equity, right?
00:21:26.412 –> 00:21:31.372
Where your brand gains equity over time, right? So you’re staying in front of your community.
00:21:31.872 –> 00:21:35.172
And like we said, like they don’t need you, but once every three years,
00:21:35.352 –> 00:21:39.132
seven years, whatever, right? So you’re building, they’re constantly seeing your advertising.
00:21:39.512 –> 00:21:44.192
Maybe you’re offering some value, some stuff. But when it comes time for them
00:21:44.192 –> 00:21:48.572
to use your service, they might turn to referrals. They might turn to search.
00:21:49.012 –> 00:21:54.632
And when they see the options, yours stands out because of the brand equity you’ve built.
00:21:54.832 –> 00:21:58.572
They might not remember it at that moment, but they go and, all right, you know what?
00:21:58.992 –> 00:22:00.832
It’s time to buy a house. I’m going to start searching.
00:22:01.452 –> 00:22:05.132
What realtor should I… Oh, yeah. I remember John Doe.
00:22:05.292 –> 00:22:12.292
I see him at… So there is an industry that they sell a product…
00:22:12.905 –> 00:22:17.565
And so, so that kind of puts them in, they have stores, they have a lot of physical
00:22:17.565 –> 00:22:21.185
stores and they’re kind of, you know, spread and so forth nationwide.
00:22:23.305 –> 00:22:28.265
And they’re in that model, you would, you know, kind of make them look more
00:22:28.265 –> 00:22:34.045
like a restaurant or, you know, nails, but their frequency is very,
00:22:34.245 –> 00:22:37.025
very long or low. Mattress.
00:22:37.345 –> 00:22:41.945
Mattress. Yes. And so mattresses are exactly that kind of because they’re the
00:22:41.945 –> 00:22:46.665
kind of business that you it’s not like you can just go email everybody,
00:22:46.665 –> 00:22:52.005
all your customers from last year and say, hey, it’s time to get a new mattress. It’s been a year.
00:22:52.325 –> 00:22:55.825
Right. So it’s really hard for them to generate that because they probably sold
00:22:55.825 –> 00:22:57.745
the idea to you on the first place.
00:22:57.885 –> 00:23:00.805
This is a seven or eight year mattress with a lifetime warranty.
00:23:02.205 –> 00:23:08.765
Sorry, I was going to say they, the mattress industry is probably the most phenomenal
00:23:08.765 –> 00:23:12.925
industry out there in terms of content marketing. Yeah.
00:23:13.545 –> 00:23:16.805
Unbelievable. I don’t know how they do it. I really literally don’t.
00:23:16.905 –> 00:23:21.965
You can, not only are there websites, their blog posts, the mattress experts
00:23:21.965 –> 00:23:23.825
they have on and on and on.
00:23:23.985 –> 00:23:28.645
If you go to Reddit, Reddit’s usually one of the better places to go get just
00:23:28.645 –> 00:23:32.505
like everyday people talking about something. Like you could type in…
00:23:33.278 –> 00:23:38.238
Anything you’re looking for. If you have a specific laptop, I type in Lenovo
00:23:38.238 –> 00:23:42.138
Yoga 9i Reddit, and I do that Google search.
00:23:42.358 –> 00:23:45.218
I get a lot of people, just everyday people that bought the product,
00:23:45.378 –> 00:23:46.218
they were going back and forth.
00:23:46.938 –> 00:23:53.238
If you type in anything about a mattress, if you do the Serta Sleepmaster 102
00:23:53.238 –> 00:23:54.778
blah, blah, blah Reddit,
00:23:55.198 –> 00:23:59.738
you’re going to find tons of subreddits, tons of conversations,
00:23:59.738 –> 00:24:06.278
and all of them have some freaking mattress guru person,
00:24:06.458 –> 00:24:14.318
I’ve tested 7,000 mattresses, and I’m telling you, you really need to go ahead and pay 4,000,
00:24:14.538 –> 00:24:16.978
$7,000 for your mattress and go on and on.
00:24:17.178 –> 00:24:22.618
You’re like, this guy can’t be real. That is all manufactured stuff,
00:24:22.618 –> 00:24:26.318
especially because we have friends in England, and they’re like,
00:24:26.378 –> 00:24:29.378
yeah, mattress should cost like 600 bucks yeah yeah so
00:24:29.378 –> 00:24:32.418
so that is an industry but going to your point james that’s
00:24:32.418 –> 00:24:35.258
an industry that is very interested on they are
00:24:35.258 –> 00:24:42.198
just doing everything they can to stay top of mind for that moment you switch
00:24:42.198 –> 00:24:47.198
and that’s really interesting yeah i’m i’m curious eric when you want that ooh
00:24:47.198 –> 00:24:52.818
ah feel where do you go oh that’s described like i need more information Oh,
00:24:52.818 –> 00:24:54.638
my gosh. The U.A. could be a few more things.
00:24:54.858 –> 00:24:58.278
Do y’all have no idea about this ad? I don’t think I’ve seen it.
00:24:58.418 –> 00:25:01.178
When you want that U.A. feed. Mattress Giant.
00:25:01.418 –> 00:25:03.518
Is that it? Mattress Giant? Yeah. Yeah.
00:25:04.362 –> 00:25:07.682
Anyway, that was, it’s seared in my brain. So a couple of things.
00:25:08.402 –> 00:25:12.162
ITT Tech, I thought was basically MIT when I was a kid.
00:25:12.882 –> 00:25:16.582
Castle Dental, I thought that was the top that you could have.
00:25:16.902 –> 00:25:20.802
And Mattress Giant, I was like, well, that’s where the best mattresses are because
00:25:20.802 –> 00:25:22.842
of that brand equity when I was a little kid.
00:25:23.022 –> 00:25:26.162
I was like, all right, I see these all the time. Now they’re in my head.
00:25:26.342 –> 00:25:31.182
And years later, when I need to get my teeth cleaned and I see Castle Dental,
00:25:31.302 –> 00:25:33.362
I say, oh, I remember that being a big deal.
00:25:33.362 –> 00:25:37.202
The mattress thing is really fascinating
00:25:37.202 –> 00:25:40.222
because disgusting i mean fascinating yes
00:25:40.222 –> 00:25:44.042
it’s fast fast gusting it’s repulsive
00:25:44.042 –> 00:25:50.202
and yet oddly compelling it’s in what i find the most fascinating about it is
00:25:50.202 –> 00:25:57.202
it’s a luxury luxury good that doesn’t really make sense being a luxury good
00:25:57.202 –> 00:26:03.062
and it’s and or like you were saying like the the markup on those mattresses are so high,
00:26:03.662 –> 00:26:11.842
And they have like tools where there’s always a new image of two hot people laying on a mattress.
00:26:12.222 –> 00:26:15.582
That’s like a full. I sent you our photo. Is that what you’re talking about?
00:26:16.942 –> 00:26:20.602
We did a photo. Me and James. We did a photo shoot for the bounce rate.
00:26:20.962 –> 00:26:26.082
No, but it’s always this massive wall wrap there.
00:26:27.222 –> 00:26:32.442
And it’s always another couple just hanging out in bed in the middle of the day. Right.
00:26:33.242 –> 00:26:37.522
And there is a ritual of going into this mattress warehouse,
00:26:37.522 –> 00:26:39.942
but that’s not usually where you get it from.
00:26:40.422 –> 00:26:44.882
Well, the thing that’s amazing, the level of detail into their marketing.
00:26:45.827 –> 00:26:49.627
There’s no apples to apples comparison in mattress shopping either.
00:26:49.887 –> 00:26:54.667
You go to Macy’s, they’ll have Serta, they have Tempur-Pedic, all those.
00:26:54.907 –> 00:26:58.347
You go to Mattress Firm, they have Serta, they have Tempur-Pedic,
00:26:58.387 –> 00:27:01.327
but they’re not the same brands or models.
00:27:03.327 –> 00:27:10.707
This is the Tempur-Pedic X105, Macy’s sells the 95J2, and you’re like,
00:27:10.807 –> 00:27:15.307
what is the difference here? And you cannot, there is no commodization.
00:27:15.647 –> 00:27:18.927
There’s no, I mean, it is, it is really phenomenal.
00:27:19.127 –> 00:27:23.587
I mean, if you stand back and, and appreciate it just as a marketing gesture,
00:27:23.667 –> 00:27:26.227
it’s like they have done an amazing job.
00:27:26.867 –> 00:27:32.207
The, the, one of the reasons that they’ve done an amazing job is the mattress
00:27:32.207 –> 00:27:34.807
industry is actually pretty consolidated.
00:27:34.847 –> 00:27:41.527
There’s not very many competitors in it. Now, mattress in a box has kind of
00:27:41.527 –> 00:27:47.567
started to open that up a little bit, but not as much as you might think.
00:27:47.687 –> 00:27:51.727
And it makes it a little difficult going back to like realty or even urgent care.
00:27:52.107 –> 00:27:57.627
If you’re not Keller Williams, if you’re not Sotheby’s and advertising all the
00:27:57.627 –> 00:28:01.527
time and putting that out there and doing that, you have a really hard time
00:28:01.527 –> 00:28:05.627
breaking into that market as a small fry. It’s true.
00:28:06.427 –> 00:28:11.787
Well, no, I mean, no one understands that more than indoor media because we
00:28:11.787 –> 00:28:16.547
support realtors across the nation, urgent care clinics across the nation,
00:28:16.727 –> 00:28:18.467
because it’s important to get your name out there.
00:28:18.647 –> 00:28:23.707
You could be the best choice for your community. But if they’re not aware of
00:28:23.707 –> 00:28:26.607
you, then they’re in trouble.
00:28:26.867 –> 00:28:32.407
To close things out, I figure let’s give us give our best realtor slogan.
00:28:33.620 –> 00:28:37.260
That we could think of on the fly. Well, let’s say it doesn’t need to be a realtor.
00:28:37.400 –> 00:28:43.840
It can be that or some other professional service that… Flogan as if I’m the
00:28:43.840 –> 00:28:46.660
realtor towards my customers. Yeah.
00:28:46.920 –> 00:28:51.260
One I should give or a real one? No, just one that we can think of on the fly.
00:28:52.220 –> 00:28:54.880
Oh, so we’re just making it up. We’re just making it up. Okay,
00:28:55.080 –> 00:28:59.140
but this is free content for anybody that wants to use it.
00:28:59.180 –> 00:29:01.100
Is that what we’re saying? We’re just giving away these ideas.
00:29:01.100 –> 00:29:03.720
Well, this is specifically for my expertise.
00:29:04.840 –> 00:29:09.300
So my… Maybe you should start. I’ll start. I haven’t really thought about it.
00:29:09.420 –> 00:29:13.880
So my… You’ve got to go up against improv stars here. I know a lot about the
00:29:13.880 –> 00:29:15.920
Houston, the downtown Houston area.
00:29:16.300 –> 00:29:19.000
And so that’s going to be my neighborhood. And I’m going to say,
00:29:19.600 –> 00:29:27.100
you know, Roger, my last name, and then I’ll say, I’ll help you control your
00:29:27.100 –> 00:29:29.420
Houston living journey.
00:29:30.793 –> 00:29:35.513
So I’m going to try to frame it as though like I’m going to help you because
00:29:35.513 –> 00:29:43.653
that’s the big thing about not about renting is that there’s a you don’t have to fix anything,
00:29:43.653 –> 00:29:45.833
but you can’t control anything.
00:29:45.833 –> 00:29:49.873
If you see, oh, I want to swap out the dishwasher, you can’t do that.
00:29:50.233 –> 00:29:56.093
So that’s going to be my market. I’m going to tell people that I’m going to
00:29:56.093 –> 00:30:00.633
help give them that control over their life in Houston. Okay.
00:30:01.073 –> 00:30:03.473
This is what I’m going to do. I just made it up. I’m not actually going to do
00:30:03.473 –> 00:30:08.613
this, but I’m going to play. I’m going to go on quantity, not quality. Like how many houses?
00:30:09.293 –> 00:30:14.173
Yeah. So 1%, you find the house. I can answer any of your questions.
00:30:14.553 –> 00:30:17.273
Just text me. And when you’re ready, we’ll go buy the house.
00:30:17.713 –> 00:30:19.913
Ah, so you’re going to cut your commission rate. Yep.
00:30:20.593 –> 00:30:25.253
And I’m going to be like, hey, you don’t need to run everything.
00:30:25.433 –> 00:30:28.273
Go look for what you want, and then we’re going to get it. You know what I mean? Yeah.
00:30:28.433 –> 00:30:31.033
Are you going to give them a ride, too? Or are you going to ask for a ride?
00:30:31.113 –> 00:30:34.233
When they’re ready to, when they’re like, you know what house they want,
00:30:34.333 –> 00:30:37.533
I’ll pick them up if they want to ride. Yeah. Will you have water back there?
00:30:38.093 –> 00:30:41.253
Yeah, sure. Why not? I like it. Yeah. All right.
00:30:41.593 –> 00:30:45.433
I’m going to be Eric Schaefer, your Bel Air,
00:30:45.673 –> 00:30:54.033
Texas realtor, who specializes in getting you closer to the memorial in a place
00:30:54.033 –> 00:30:56.693
that doesn’t actually flood as much as everybody thinks it does.
00:30:57.073 –> 00:30:59.613
A little wordy, but I think it’s very specific.
00:31:00.253 –> 00:31:02.533
It’s the internet I don’t have to have A business card Hmm.
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