Luxury Real Estate Marketing: You Can Have Your Cake and Eat it Too!

 

Outstanding packaging is an important way to express your superior level of attention to detail. For many high net worth individuals this a an indication of the level of quality service they can expect when they do business with you as a luxury real estate marketing professional.

In the arena of competition for market leadership the differences between the #1 and #2 competitor is sometimes marginal in terms of volume of business.  Each one claims they have the most in-depth market knowledge, that they have integrity, the best negotiation skills and that they offer excellent service.  If they both essentially have the same set of benefits, including their companies’ benefits, on what basis does the consumer make his or her choice to begin a new business relationship given that  a referral was not the basis of the introduction?

You have heard the expression, “you cannot judge a book by its cover”. But, more often than you realize packaging is the basis of choice for consumers who are not introduced to a product or service by a trusted recommendation. Many consumers select their wines based solely on the aesthetics of the label and the cleverness of the name, i.e., the packaging.

That is why some wineries pay as much as $80,000 just for a label design.  In Napa Valley, there are many fine wines of the same varietal priced similarly. In fact, in a blind taste test,  they are difficult to tell apart except for those who have the most educated palates.  Which one should the uninformed consumer buy?

Aesthetics play a very big role in romancing consumers to purchase a product or to do business with a service professional.  Here is an example of how this plays out.

Most of us love chocolate cake.  Get the idea that two bakers use the finest fresh organic ingredients to create a great chocolate cake batter.  They use the exact same recipe and the same oven, at the same time to bake their cakes. In a blind taste test, consumers cannot tell the difference between the two. 

But, following this example, one baker used an inexpensive bundt pan and the other used a top-of-the-line pinwheel designed pan that clearly made her cake stand out visually from the ordinary shaped caked.  This detail that only cost 1/3 more created a superior presentation that also sparked word-of-mouth advertising because it literally was “remarkable”.

In marketing luxury real estate pay attention to the details in your presentation of your personal brand and also in the properties you represent. That alone can tip the scales in your favor to win more clients and out-perform your closest competitor.  This goes to show that you can have your cake and eat it too!

WATCH VIDEOS-

Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Personal & Company Branding: Co-Branding, Italian Style with Sparkle

Co-branding is a marketing arrangement between one or more brands. The idea is to act in cooperation in a way that combines the strength of the brands. It is also a way to differentiate products and services in a highly competitive marketplace.  It is an excellent strategy that is underutilized by luxury real estate marketing professionals.

At lunch we ordered one of our favorite sparkling waters, San Pellegrino from Italy.  As we were waiting for our order, we noticed that the bottle had a new label and featured Bulgari one of Italy’s premier jewelers.  The label as seen above has a photo of a beautiful Bulgari necklace and the caption reads “Pellegrino Sparkles with Bulgari.”

This special edition bottle was conceived by both companies to promote the Italian style internationally, and according to Stefano Agostini, the CEO of San Pellegrino, “Our brand is an international symbol of the Italian art of living and partnering with Bulgari adds power to our efforts to export the finest side of Italy.”

This is the second limited edition series that S.Pellegrino has launched to celebrate Italian Style.  The first was with famous Italian clothing designer Missoni, who created four different versions of their signature patchwork chevron design combined with the San Pellegrino brand.

For both firms this is a win-win situation.  They came together to promote the Italian lifestyle, and their great luxury brands that have become international Italian icons. This co-branding endeavor promotes their commitment to their country, and also leverages their marketing dollars, which can potentially increase their overall market share.

How can you co brand with luxury services and products and do the same for your luxury marketplace?

WATCH VIDEOS-

Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Luxury Real Estate Personal & Company Branding: All You Need Is Love & Chocolate!

“All You Need is Love”-- Lennon-McCartney

 “All you need is love. But a little chocolate now and then doesn't hurt--Charles M. Schultz, Creator of “Peanuts”

As a luxury real estate marketing professional, emotional branding can sharply differentiate you from your competitors.  First you need to romanticize your marketplace.  Then, you need to create the perfect personal branding message so that potential clients experience “love at first sight” or on their first encounter with you.

People like to do business with people they trust. Excellent branding is all about accelerating the speed of trust.  The faster you can attract and convert potential clients into and an ever-increasing base of raving fans the more money you will make through referrals.

Emotions compel people to act faster than logic. That is why emotional branding is so important.  Luxury real estate marketing professionals who are passionate about their marketplace and their job have a greater chance of attracting more clients.  Passionate people are like natural magnets.  They draw like-minded people toward themselves.   If you can capture that passion in your branding and on your website your website can become a silent salesperson for you. 

Think of branding like packaging.  People who do not know a product will more than likely buy the product based on its packaging.  This is true of books, of wine labels and believe it or not, it is true when it comes to selecting a real estate agent.  Prospects searching for homes on the web from outside of your geographic area do not know one agent from another. Agents’ websites are basically seen as a commodity.  You usually can get the same basic information on any half-way decent agent website. In this scenario, you have a nano-second to make a first impression, to stand out and engage your prospect.

Today there is a glut of wine on the market.  Competition is extremely stiff in this industry. As a consumer, if you are not a connoisseur how can you tell one from the other?  Fine chocolate has also become commoditized.  Chocolate growers have followed in the footsteps of wine growers creating appellations for differentiation purposes, based on the “terroir” or earth in which it is grown.

But, when it comes to the point of sale, how does a consumer who is not a connoisseur know one brand from the other?  Trader Joe's markets has built a brand that commands a very high level of trust among its loyal customers. When they put their brand name on a product it usually is worth at least a try.

Trader Joe's understands the value of emotional branding.  They did not just call their dark chocolate bar “Trader Joe’s Chocolate”.  They named it, “The Dark Chocolate Lovers' Bar”.  For the connoisseur they also added this to their packaging: “smooth & fruity from the Tumaco Region of Columbia." The chocolate connoisseur may appreciate these “chocolate notes” (like wine descriptions), recognize this appellation and make a buying decision based on logic.  But, average consumers (we are talking about the masses now) who love dark chocolate will grab the package for the first time just based on the name and the festive South American graphic design.  

When you are reaching for market leadership your branding must appeal both to logic and to emotions.  But, you will find that emotions are the fastest way to the heart of the majority of new prospects when they are in the process of selecting a agent to represent them.

PS. One of our favorite brands is Valhona pictured above with the purple arrow made from the finest African chocolate.  As unabashed chocolate lovers and self appointed experts of dark chocolate, we also tried TJ's Dark Chocolate Lover's Bar and enjoyed the "fruity taste." Now we have added another favorite to our list. We  educated our palate in the process but that was secondary. -Ron & Alexandra Seigel 

WATCH VIDEOS-

Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing



Luxury Real Estate Marketing: Brand In Alignment with Beauty

car1.jpg

Here is a quick personal branding quiz:

What is most important when crafting your personal brand?

  1. Self expression
  2. Designing to meet the aesthetic expectations of  your target market
  3. Capturing attention with the WOW factor!
  4. Standing out from your competition
  5. All of the above

 If you answered (5), all of the above, you are correct.  Creating a personal brand is truly a balancing act!  

Capturing attention and standing out from your competition are both very important when crafting your personal brand as a luxury real estate marketing professional. However, the two most treacherous traps that luxury real estate marketing professionals fall into when attempting to brand themselves are these: 

  1. Factoring out the aesthetic expectations of their target market thinking that self expression is all that is needed
  2. Factoring out their personality, values and personal aesthetic preferences to please their target market.

Either one of these extremes is a recipe for failure in personal branding.  

Certainly, you have heard the expression “beauty is in the eyes of the beholder”.  There is no question that aesthetics is a subjective value judgment.  To some contemporary art design and architecture is the ultimate expression of the human spirit, while traditionalists see no value in it at all.  But, when it comes to branding, the entire exercise is to make the subjective, objective. Brand comes first and then in alignment  with beauty.

car2.jpg

If you work in a conservative marketplace this objective fact must be respected if market leadership is your quest. Too much shock value may keep you out of the winners circle. The objective measurement is whether or not you are attracting the number of clients that you need to reach your goal. There are ways to express yourself to a conservative audience without offending them and still feel that you have not compromised your sense of self expression.  Find a way to express yourself in your personal life if outrageousness is your “thing”, like the owners of these luxury cars (Mercedes and Jaguar) depicted in this article.   

But, trying to please everyone is impossible.  Trying to be all things to all people is likewise futile.  Leaving YOU out of the branding equation eliminates perhaps the most important key to branding success: authenticity.

When we conduct a strategic brand analysis in our consulting practice, we dial into all of these factors in the quiz above to establish our client’s “brand signal”.  It is like finding the right combination when all of the tumblers click into place and the brand “unlocks”. 

Once you amplify your authentic brand signal and reach your target market through focused communication, those who resonate with that signal with naturally gravitate to it.  Therefore, it is essential to place brand before beauty.  You must sharply differentiate yourself from your competitor and you must do so with a wow factor.  But, with aesthetics, you must also strike the perfect balance between your personal tastes and the values of your target market.

WATCH VIDEOS-

Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY -

 GET FLUENT. GET AFFLUENT!

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Marketing Luxury Real Estate: What Are You Trying to Say?

As a luxury real estate marketing professional, it is important that you get your marketing message laser sharp. You must speak to your target market in a language that they understand using words that resonate precisely with their mindset.  The faster you can communicate your extraordinary promise of value in a way that addresses their most pressing needs the quicker they will want to do business with you. 

Apart from referrals, open houses and yard signs, your website is the place where most consumers discover you for the first time.  Does your website instantly communicate who you are, how you are different and how you stand out from your competition?  Think of your website as a retail store.  Does your site compel people to walk in to discover more?

We walked by the window of the Louis Vuitton store in Santa Barbara, California on Thanksgiving weekend,  one of the most important weekends of the year for retailers. After “scratching our heads”, wondering what this was all about we just had to take a photo and write this post about messaging. 

You can see what we saw in the window depicted above.  An elephant  doing an “hand stand” on a plank that is balanced on a ball with a designer purse on the opposite end of the plank lifting the elephant. What message does convey to you? Does it make you want to enter the store to shop?  Does it make you want to buy that particular item? To whom are they attempting to communicate?

Unless this store is a destination for you because you already know the brand and you intend to shop there for the Holidays, this is a huge missed opportunity to draw in new customers. Window design is an art form in luxury retail stores throughout Europe.  With so much competition for attention you only have seconds to capture the the attention of prospective customers. How can you expect to increase sales if you cannot draw customers in the store in the first place.

The same applies to marketing luxury real estate and to marketing YOU.  Get your messaging spot on and you will dramatically see an increase fin the number of prospects that convert to clients and sales.

WATCH VIDEOS-

Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Luxury Real Estate Marketing: There still is Intrinsic Value in Great Locations

 

We are excited by the great feedback received on our new article series, highlighting 50 Top Luxury Real Estate Markets in the USA. For each of our articles we interview many of the top agents in the area and get their take on the positive aspects that make their marketplace distinct. We also showcase their high-profile luxury listings that can instantly be viewed in a slideshow within the article. Some of the recent markets we have covered include the South Central Coast of California (Santa Barbara, Santa Ynez Valley and the Channel Islands), the Hawaiian Islands and Park City / Deer Valley, Utah. Many have asked, “Why did we launch this series?” Here is our answer.  

First, for consumers, we wanted to shine a positive spotlight on some of the best marketplaces in the country because there are some outstanding opportunities out there for qualified buyers.  Secondly, we wanted to inspire our luxury real estate marketing professionals in our audience.  The inspiration comes from their peers, the ones who are not only surviving under current market conditions, but are, in many cases, thriving.  Thirdly, we believe that when you can be inspired by the success of others without feeling diminished yourself, that your own success is right around the corner. 

Lastly, through all of our research in the realm of luxury goods and services, we have noticed that, intrinsic value vs. getting approval from other for status purposes, is the focus of  high net worth consumers more so now than prior to the recession.   Generally, they are much more discerning now when it comes to paying a premium for luxury. Therefore, we have strived in our articles to bring out the intrinsic value such as natural settings, the tangible and the intangible aspects that come with living in the most desirable luxury real estate markets in the country.

Thanks to our media and syndication partners, the Language of Luxury (LOL) reaches over one million readers. It is syndicated on 25 channels including many of the finest luxury real estate publications in the world such as Dupont Registry, Unique Homes, Luxury Homes Magazine, Ocean Homes and LuxuryRealEstate.com. LOL (lLanguage of Luxury blog)  also appears on other real estate specific media including Active Rain, Proxio, Broker Agent Social, Real Blogging and NewsGenius .  Together, our hope is to remind luxury real estate marketing professionals, worldwide, that the old real estate adage, “location, location, location” still holds true.  Perhaps over-inflated prices have disappeared to a greater or lesser degree, which is obviously more advantageous for buyers than sellers. But, there still is intrinsic value in great locations!

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

50 Top Luxury Real Estate Markets in the USA: Channel Island Region, CA

We began this article series on 50 Top Luxury Real Estate Markets in the USA in Santa Barbara, California and its adjacent wine country, the Santa Ynez Valley. But, the Santa Barbara Region is only one of the four regions that comprise California’s Central Coast which begins just north of Los Angeles and Malibu (and just south of Santa Barbara) in an area called the Channel Island Region. The other two Central Coast Regions (north of Santa Barbara) are San Luis Obispo (known for the Hearst Castle) and Monterey (famous for Carmel, Big Sur and Pebble Beach).  By far, the least known hidden gem of California’s Central Coast is the Channel Island Region, home to the coastal cities of Ventura and Oxnard.

Luxury Real Estate Marketing: Practical Luxury

We often hear that time is money.  Having time to enjoy the good things in life is a luxury. Yet, sometimes we are lured by lower prices or special offers, thinking we are saving money, when doing so can actually waste time.  Sometimes, paying more seems impractical.  But, think again!  Think about the concept of practical luxury. As a luxury real estate marketing professional, how much is your hour worth?

 Have you ever been offered a dollar to complete a survey that takes 10 minutes of your time?   That means that your time is worth only $6 per hour.  At a new upscale shopping center we were offered $10 to complete a survey that only took 3 minutes.  That equated to $200 per hour--a much better return on our time spent, especially for effortless work.   But, the key here is to stay focused on what your time is worth.

 

With gas prices skyrocketing, many are lured by gas stations wars.  Depicted here are two gas stations catty corner from each other.  Union 76 always has lower prices than its competitor, Chevron, across the street.  The majority of time, the owner of Union 76 is directing traffic around the narrow pump aisles, making sure that everyone is on the correct side of the pump.  At peak times, people are lined up to fill up while their engines are still running.

 At the Chevron station there is no wait whatsoever. There are more pumps and wider aisles for easy access.  What is your time worth while you are waiting to save a couple of bucks?  If your car uses premium gasoline you are spending $2.00 more per fill up of 20 gallons.  However, you are quickly in and out of the gas station. You can get to where you are going quicker and in a better mood.  Now that is practical luxury!  Are you worth it?

The best luxury real estate marketing professionals thoroughly understand the mindset of their clients and target market. This nuance of practical luxury can give you an insight as to why some affluent people do not bother to comparison shop.  While, there are those who became affluent because of a very frugal mindset. Neither is better.   Some just value their time in different ways.

WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Luxury Real Estate Marketing: No-Tech Marketing

No-Tech marketing can pack a bigger wallop than internet marketing.  As a luxury real estate marketing professional it is important to have a balance of high-tech and no-tech marketing, as part of your strategy to achieve top-of-mind status in your marketplace.   Here are two examples.

Gelson's Market Santa Barbara

Gelson’s Markets like many other markets or food specialty stores in the USA prepares a takeout Thanksgiving dinner.  You can order in accordance to the number of people you are hosting.  The dinner is complete with hors d’oeuvres, side dishes and dessert. Additionally, they will suggest the perfect wines for the occasion.  This season, they added no-tech marketing to their promotion.  Last Saturday you could come to the store between the hours of 11AM to 2PM, to sample an entire Thanksgiving meal, without wine. 

Williams Sonoma-Santa Barbara

Williams Sonoma had a special sale on all the cookware, accessories, and foods one may need to prepare a gourmet Thanksgiving dinner. This included their special cranberry relish, gravy, spices and more. You can even sign up for free cooking classes this week on how to make Thanksgiving easier.  During the classes, their chefs will be demonstrating time saving techniques.

The net result in both cases is increased good will and customer loyalty which, in the long term will pay off handsomely for both stores.  How can you implement no-tech marketing in your luxury real estate marketing strategy?

WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

50 Top Luxury Real Estate Markets in the USA: Park City/Deer Valley

Robert Redford founded the Sundance Film Festival in Park City, Utah in 1979.  Since then it has grown to become the largest film festival for independent film makers in the world.  Two years later Deer Valley opened.  This grand ski resort was destined to became a 2002 Winter Olympics venue site. It was also honored by Ski Magazine as the #1 ski resort in North America for an unprecedented five straight years including 2012.  For this article, we asked the top agents here why the Park City/ Deer Valley resort town has emerged not only as a great place to vacation but also to live.

Luxury Real Estate Marketing: What is Your Luxury Brand Personality?

As a luxury real estate marketing professional you have to identify the luxury brand  personality of your marketplace and make sure it is harmonious with your personality.  If it is a match, then it will be a match made in heaven as those with similar likes will be attracted to you.  Here are three examples of luxury personalities.

Sophisticated

The Louis Vuitton store pictured above defines a sophisticated luxury brand personality.  This is reflected in the look of the store, with fine leather furniture, beautifully crafted wood and glass counters and display cases, and top of the line accessories.  The merchandise is traditional and elegant.

Hip

All Saints Company is an example of a hip brand luxury personality.  The windows are filled with antique sewing machines emphasizing their quality manufacturing and tradition.  The lighting is industrial reminding one of a factory, and the clothes are chic, edgy and hip.  The clothing tags are handwritten and some of the beaded garments sport an additional “manually embellished.”

 

Photo by Pietro Cruciatti, Dreamstime

Fun

Moschino, an Italian designer is known for the fun brand personality in luxury, as seen in the helmet above.  His tagline is “A Stylish Attitude”.   The motorcycle helmet definitely screams attitude. The clothes are quirky and fun.  The jewelry is one of a kind.  The picture of the brooch below shows three dangling enameled and articulated fish hanging. The inscription on the top of the circle, says in Italian, “If you sleep, you don’t catch." 

What is your luxury brand personality and what is the brand personality of your marketplace?  Is it a match made in heaven?

Luxury Real Estate Marketing: New Trends in the Brand Naming Game

All Saints Store in Santa Monica

In luxury real estate marketing, it is of paramount importance to come up with the right name for your business.  One of the traditional rules of branding has been to keep a name short because they are easy to remember, and easy to spell!  As the new century dawned the rules have been challenged and some of the new the names became descriptive of their mission statement, their marketplace or who they are. 

Some of the pioneers in the longer version name game can be found in the fashion industry.  Here are some of our favorite brand names and the story behind them.

Not Your Daughter’s Jeans:  This is a brand of women’s clothing including chic jeans designed to flatter every woman’s figure.

Citizens of Humanity:  This is a Luxury Denim & Apparel for Women & Men.  A portion of proceeds are given charity.

Band of Outsiders:  This is a clothing company for “geek chic”, hence outsiders.

All Saints Spittafield:  This is a manufacturer and retailer of quality garments. Their stores are decorated with assorted antique sewing machines. All Saints donates to “Not For Sale” a worldwide movement to stop human trafficking.

Rag & Bones: Fashion for men and women, the name is a British phrase for junk dealers of old with a pushcart who bought and sold and recycled discarded items.

Is it time for you to play the brand naming game?

WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Luxury Real Estate Marketing Keys for Personal Branding: Part #5 Refinement

 

In Part 3 of this series, we used pottery as a metaphor for the three keys of luxury real estate marketing  for personal branding: Define. Align. Refine!  We recommend Self-definition (Part1) and Personal Alignment (Part 2) as preparation for defining Your Unique Selling Proposition (Part 4). This is akin to wedging or kneading the clay prior to throwing a vase. It insures structural integrity by aligning the molecules and removing troublesome air bubbles.

We continued the pottery metaphor for the personal branding process by introducing the principle of centering which is required throughout the entire process of throwing a vase using a pottery wheel. The successful process of transforming a lump of clay into a vase requires one’s full concentration while keeping the clay centered on the wheel.

 

Tom Collins trimming

The trimming process, involves cutting away the excess clay of the partially dry vase. Trimming is also done on the wheel. It requires the same mental concentration to keep the vase centered while reducing the thickness of the sides and bottom. It is a balancing process of cutting away the excess without compromising the architecture of vase. 

In personal branding, the goal is to reduce or refine the marketing message of one’s unique selling proposition or the unique promise of value, as we like to refer to it, to just a few words. What emerges from this process is a laser sharp marketing message that sharply differentiates you from your competition. 

The true test of the trimming or refinement process is whether or not you can communicate the essence of your brand, your unique promise of value, in a single image, a symbol and/or a slogan. Nike is the Greek goddess of victory.  In three very refined words their slogan communicates their entire promise of value (personal victory), “Just Do It!” 

In four refined words, The Language of Luxury communicates our own promise of value: “Get Fluent. Get Affluent! “ We hope you enjoyed our series on the three keys of luxury real estate marketing for personal branding.  Define. Align. Refine! Now, that says it all in just three words.

WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Luxury Real Estate Marketing Brand Keys: Part 4,Your Unique Selling Proposition

 

Your Unique Selling Proposition

This is Part #4 of our blog series on the Three Luxury Real Estate Marketing Keys for Personal Branding. Define. Align. Refine!

In Part 1 we covered self-definition as the starting point for creating a personal brand. In Part 2 we explained the importance of personal alignment. In Part 3 we demonstrated that the result of self-definition and personal alignment is feeling centered. Here we discuss the importance of articulating your unique selling proposition which is part of the refinement process that allows you to stand out from your competition.

In Beverly Hills, on the famed Rodeo Drive there resides several high profile competing jewelry stores including Cartier, Van Cleef & Arpels, Tiffany, Bulgari and Harry Winston. Rodeo Drive is only a couple of blocks long.  They have much in conmon. Yet, they are all thriving. 

1. Each has a beautiful, inviting store front well-positioned on the street for walking traffic. Each is located on the right street (in the high rent district) given their price points.

2.  Each is famous for their jewels and their integrity

3.   Each is a reputable global luxury brand.

The unique factor is that each appeals to a different clientele.

For instance, if you are looking for rare stones (pink or canary diamonds), Harry Winston is your store.  This is the primary reason to shop there. In a couple of words they sharply differentiate themselves from the others: rare stones. 

Cartier is known for their intricate design of their necklaces and pendants and for having been a favorite of the Duke and Duchess of Windsor.

Van Cleef & Arpels is known for their "mysterious diamond setting," because the prongs holding the diamonds are invisible.  

You are a luxury real estate agent, and your may be a well known luxury brand, or may have a luxury division. Now, what are YOU famous for? What is your appeal to sellers and buyers that is unique and distinct?

Once you have identified your unique selling proposition you must refine the way in which you communicate it  so that  your target market can understand it in a nano-second and can tell other how you are different from your competition.

WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

 

 

Luxury Real Estate Marketing: The Inner Game of Market Leadership - Part 3

Photo by Alexa Sklar, Dreamstime.com

What comes to your mind when you think about team spirit?  High morale?  Esprit de corps?  If you have ever been on a winning team, whether it was in sports, in business or any co-created project  you know how it feels to maintain your belief in a goal, in yourself and in others. Sustaining your morale, whether personally or as a member of a team is by far one of the most important skills in the inner game of market leadership.  As a luxury real estate marketing professional, it is essential. 

Even if you are a “solopreneur” vs. a team in your luxury real estate practice, you still may need to work with a transaction coordinator, an escrow officer and title reps.  Your ability to engender esprit de corps project by project, not only helps make transactions go smoother, but also more fun.

We all love to watch sports because we get inspired by individual achievement. But, we also  are moved by those teams who can pull together tenaciously and consistently in pursuit of a common goal.  

Team spirit is definitely one of life’s true joys to experience first hand and also to observe in others.  Whether or not you were a Cardinal or Ranger fan, game six of the World Series was one of the most amazing demonstrations of consistently maintaining morale in recent baseball history.  You just had to admire each team for not giving up.  This was especially true of the Cardinals who were one strike away from losing it all and came back to ultimately win the title. 

To sustain high morale on your team you need to keep your own spirits up. This does take practice to be consistent. But, when you reach those critical moments when things do not appear to be going your way, that is when the practice truly pays off.

WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

 

 

Luxury Real Estate Marketing: Lessons in Design and Branding from Tiffany's

 

We love visiting the Westside of Los Angeles, where we used to live.  As part of our design study, we decided to visit the newly refurbished Santa Monica Mall. The mall was transformed from an indoor facility to an outdoor facility which was a successful architectural feet.  The result is elegant, uncluttered and very pleasant to walk around in.. 

When we saw the Tiffany store, we were inspired by the uncluttered presentation featuring  a jewelry vignette in one of the windows.  The other side of the store had the identical look with a different jewelry vignette.  The overall feeling is balanced, inviting and attracting the customer to come in and shop. The brand colors of Tiffany blue and silver are represented beautifully.

Like a store, a website has to attract the customer to stay and shop,  If the store or web site is unappealing, you walk away or click on to the next store or web site.

- WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

The Three Luxury Real Estate Marketing Keys for Personal Branding, Part 3

 

 CENTERING

This is Part #3 of a new blog series on The Three Luxury Real Estate Marketing Keys for Personal Branding. Define. Align. Refine!

Pottery, as an art form, clearly illustrates the principle of feeling centered which is the by-product of the process of self definition and personal alignment covered in previous posts. As students of pottery, we highly recommend that luxury real estate marketing professionals take a pottery class to gain a visceral, hands-on experience of centering. Like the personal alignment process pottery is also a meditative experience because you have to concentrate and focus to keep the clay centered on the wheel as you transform it into something both beautiful and useful. 

When you prepare the clay for throwing a vase using a potter’s wheel all these steps need to come into alignment in order to achieve your end result:

 

  • You cut a piece of clay from a large block and wedge the clay. That is, you knead the clay until all the molecules are literally aligned and no air bubbles remain in it. This will add to the structural integrity of the finished bowl.
  • You shape this clay into a ball and place it on the middle of the wheel
  • You start the wheel, flatten the ball, and center the weight of the mass on the wheel.

 

If the clay is not kneaded or wedged properly air bubbles will remain. Air bubbles will create holes or cracks when you fire it in the kiln. The personal alignment process is similar to wedging clay. It is essential that you rid yourself of the air bubbles of doubt and self contradiction.

 

You center the clay mass on the wheel in order to open the very center of the vase and evenly pull the sides up. Suddenly, from a lump of clay you give it definition and a shape. Centering yourself through the process of self-definition and personal alignment quiets your mind, so that you can focus on shaping, crafting the vase of your unique selling proposition (which we cover in Part 4).

The last step prior to firing is called trimming. Once you have let the newly formed vase dry (partially) overnight, you bring it back on the wheel, center it again and trim away any excess clay. This trimming process is akin to what we call refining your marketing message which is covered in Part 5.

 

We find that so many luxury real estate marketing professional do not take the time to establish their personal alignment and get centered. They simply are unable to clearly articulate how they are distinct from their  closest competition. And, their results are usually not consistent.

Personal alignment gives you a sense of balance, confidence and a sense of being centered.. Only then can you be authentic and create a genuine personal brand..

                                                     - WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

Luxury Real Estate Marketing Tips for Personal Branding: Part 2

Personal Alignment


This is part #2 of our blog series on The Three Luxury Real Estate Marketing Keys for Personal Branding. Define. Align. Refine!

The second key of successful luxury real estate marketing after Self-Definition is personal alignment. Alignment as defined by Webster’s Dictionary is “the proper positioning or state of adjustment of parts in relation to each other.” What then, is personal alignment? It is the clarification and the formulation of your thoughts in such a way that you eliminate self-contradictions. It is also the convergence that occurs when these mental gears are in sync: 

•    Your values and beliefs (what matters to you the most and what you stand for)
•    Your passions and personality  (what you personally love doing the most)
•    Your unique talents and abilities (What you can do better than anyone else in your marketplace)

The process of personal alignment is taking the time to formulate and reformulate your success formula by trying out different ideas in your imagination until all these gears click into place. Only then can you send a clear, non-contradicted signal to your target market. Anything less is like tuning in a radio and hearing static.

Without alignment your target market is getting mixed signals from you or cannot even hear your broadcast. And, you wonder why all of your hard work isn’t paying off as you had hoped it would. It’s not for lack of effort on your part. It is lack of alignment!

Most professionals are too eager to rush into action before achieving personal alignment. Then they wonder why they are getting mixed results. Do not underestimate the importance of this vital step in building your luxury real estate marketing practice.  Any time you notice that you are not getting consistent results, take more time out for personal alignment or realignment.

 

 

 

- WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

The Three Luxury Real Estate Marketing Tips for Personal Branding: Define. Align. Refine! Part #1


 

Self-Definition


This is Part #1 of a new blog series on The Three Luxury Real Estate Marketing Keys for Personal Branding: Define. Align. Refine!

For luxury real estate marketing professionals the process of self-definition is the starting point for creating a personal brand. In subsequent posts in this series we will cover how self definition and personal alignment lead to being centered and focused which is the prerequisite for refining your competitive advantage. In order to begin creating a successful marketing strategy that effortlessly attracts your target audience, take some time to complete these self-defining exercises:

1. Define your core values and your beliefs. This is the time to be honest with you. These are not the values or beliefs you think you should have because somebody will like you better for it. You will no doubt come up with many of these; however, it is important to identify the most important ones to you. Some values and beliefs are more cherished than others. What do you stand for?

2. Define your authentic personality and your passions. This is not what others think your personality is. It is not what you think you should be or have to fix. What makes your heart sing? How can you use that passion to create an avenue to better relate to others?

3. Define your unique talents and abilities. Everyone one of us has a unique blend of talents. It is your DNA. What can you do better than anyone else in your marketplace?

This is not a process to rush through. Take your time, deliberate. Check out each answer by questioning it thoroughly. You will know the process is done when you can articulate your answers to all of the questions above in one clear paragraph that says it all.

- WATCH VIDEOS-

 Buzz-Worthy Luxury Real Estate Websites 

Personal Branding Case Studies   Company Branding Case Studies 

About Language of Luxury

- JOIN THE LOL COMMUNTIY - 

 GET FLUENT. GET AFFLUENT! 

 Linked In, FacebookActive Rain

Follow Us on Twitter: LuxuryMarketing

50 Top Luxury Real Estate Markets in the USA: Hawaii - Part 3 - Why Kauai?

Kauai - The Garden Island

Elvis was married here in Blue Hawaii. Speilberg filmed Jurassic Park here. The magnificent scenery of the Garden Island of Kauai has been the backdrop for countless other famous films including South Pacific, King Kong and even Avatar.  We asked the top luxury real estate marketing professionals who live and work here what is most beautiful about their island.  Invariably, they said that the scenery was breathtaking, but it is the people of Kauai and the strong sense of community they create together, that is the true beauty of the island.