Luxury Real Estate Marketing: The Importance of Shifting Paradigms

 

As a luxury real estate marketing professional who works with foreign buyers, it is important to appreciate cultural differences. Have you ever been in a situation when you thought you were “on the same page” with your client, only to discover that you were actually a world apart?  You were looking at and talking about the exact same set of facts, but you both were aligned to a different model of thinking or paradigm that yielded alternative meanings. To bridge the gap in understanding the only answer is a paradigm shift.

It can be an astonishing revelation to discover that other people do not see things in the same way you do and can still be right. The ability to shift paradigms can help you to understand more people and avoid arguments that seem unsolvable. It can also help you to become a better negotiator and more innovative, especially if your competition is prone to being entrenched in the status quo.

Try this experiment: 

1. Look at the wooden boxes in the image above.
2. Focus on the darker brown square.
3. Does the dark square appear to be on the right side of the boxes facing right?
4. Or, does the dark square appear to be on the top surface with the boxes facing left?
5. Can you switch back and forth by softening your focus?

Shifting paradigms takes practice.  But, the rewards are immeasurable. You literally need to think “outside of the box” using this example, to shift your thinking.

The next time you are speaking with someone who sees exactly the same set of facts that you are looking at but is coming up with a completely different interpretation, think of these boxes.  Two sides of an argument really can be right sometimes. Take the time to loosen your grip on your fixed way of viewing things and try to see things their way. Your perspective will always be there again when you come back. It doesn’t mean you have to take actions that go against your grain. At the very least your life will become richer because you have learned a “new language” of perception.

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Personal Branding for Real Estate Agents: Stretching Your Marketing Dollar with Buzz!

Got Milk?

The aim of personal branding for real estate agents is to communicate, in a instant, the essence of your personality, your personal values and why someone should do business with you instead of your competition. Successful communication occurs not only when your ideal clients recognize that you are someone they can trust, but also when they can easily convey to others why they chose you for the job in a few words. If you get the message right you can spark word-of-mouth advertising or buzz marketing which is the best way to stretch your marketing dollar.

The right message triggers an emotional response by quickly establishing your professionalism and your likability. It also compels people to do business with you because it transmits your unique selling proposition, your promise of value to them, in a nutshell. The ultimate message, conveyed by a symbol, a slogan or an image creates buzz. It gets people talking about you.

Did you ever see the commercials for Charmin toilet paper with the fictional grocer, Mr. Whipple? George Whipple told customers, "Please don't squeeze the Charmin!" in more than 500 commercials between 1964 and 1985. The promise of value of this product, softness, was conveyed in just five words, in seconds. But, it compelled customers to do just the opposite: to squeeze the product and buy it. Was this product actually softer than the competitor’s product? Most likely it was not. But, it got people talking about Charmin not the competition.

Perhaps the most famous and most imitated product slogan is “Got Milk?” which positioned milk as the drink of choice with cookies, cakes, peanut butter, etc. This campaign was credited for reversing a 20 year slump in milk sales. It has been running since 1993 with no signs of the buzz ending. With this slogan, they summarily dismissed all other potables and captured an indelible place in consumers’ minds. According to the Got Milk? website, the campaign has over 90% awareness in the U.S. In 2002, the ad was named one of the ten best commercials of all time by a USA Today poll.

The power of a great slogan leverages viral marketing and can save you a bundle in marketing costs. How can you stretch your marketing dollars with a great slogan?

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