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Market researchers love to study
the buying behavior and the emotional needs of specific target
markets and publish their results.
This means that there is little that we don’t know about
what Baby Boomers and GEN-Xers think and want but sometimes it can
be difficult to know how to translate that knowledge into an
excellent marketing strategy and Website. If you have been
wondering about this yourself, I invite you to visit http://www.sellrealestate.net/FreeWebPlan.asp.
I’ll help you with a strategic marketing plan that spells
out in detail how you can increase your sales by knowing and
acting on what your customers think.
WHO ARE THESE PEOPLE?
Probably the majority of today’s
homebuyers and Baby Boomers, that is people who range in age from
35 to 55 or 57 and make up about 30% of the total population.
Older GEN-X ers are entering the market as well, which means that
if you are targeting first time buyers, you should know a thing or
two about these folks who range in age from 25 to 35 and make up
about 17% of the total population.
WHAT BABY BOOMERS WANT
Research tells us that Baby Boomers in
the real estate market want much more than a house; they want a
lifestyle, status and recognition of their achievements.
Other research indicates that this population segment that
is rapidly reaching retirement age dreams of retiring to a small
town. Many live now
in areas where real estate values have been escalating madly over
the past few years and they see the possibility of leveraging what
they have for a retirement home in a smaller, less hectic area and
having some cash left over with which to enjoy life.
A Website that has been created especially to please this
market is the Oregon Coastal Real Estate site that you can preview
at http://www.sellrealestate.net/customweb.htm.
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Men have only a slight edge on
the Internet these days with women making up approximately
48% of Web users. Your prospects, whether they are Baby
Boomers, GEN-X or GEN-Y always react emotionally to Websites
as they do to every experience but the graphics and message
you might use to appeal to GEN-X and GEN-Y may not impress
Baby Boomers. In
fact, some of the advertising slanted towards the younger
generation simply goes over my head. If I really want to
know what it’s about, I have to ask one of my grandsons.
MANY ARE INTIMIDATED
Many Baby Boomers and the
generation beyond are not all that comfortable on the
Internet so it does not pay to put your Website together
without first planning the navigation system.
The navigation system is made up of the links to
other pages on your Website and links to other Websites.
I still find many real estate Websites that have
links to other sites and these links are not framed.
This means that many visitors will become confused
and wonder how they got where they are and not know how to
get back. When
that happens to people, they feel stupid.
When you have made your prospects feel stupid, you
have not helped your cause one bit.
WEB DESIGN THAT CONFUSES
Yes, they are out there.
Lots of them! These
are real estate Websites that confuse the visitor.
Some have so many links it is annoying to have to
read through them all to find what you want.
Some use graphics, animation to highlight three, four
or five links on the homepage that all fight for the
visitor’s attention. And then there are those who are
determined to be secret agents providing real estate
information for a secret location.
A GOOD RULE OF THUMB
I approach all Web Design with this
guideline. When
the homepage is designed it should be perfectly clear on
several points. 1-
What the site is about; 2- What’s in it for the Visitor;
and 3- Where the Visitor should click first.
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I don’t believe that most
buyers expect to find the home they want to buy simply by
searching the Internet. There is a lucky agent that this did happen to in Florida,
where else? but it is a rare occurrence.
People do want to get a “sense” of the market by
searching online and because of the Internet and the
availability of MLS data everywhere, it is easy for people
who are even minimally interested to jump online and,
possibly use your Website to satisfy their curiosity.
HOW TO SNAG THEIR INTEREST
Let’s say that someone who is
actually a qualified buyer lands on your Website and checks
out your featured listings and all the MLS data through your
IDX link. You can
increase the odds that this buyer will make connection with
you if your Website does and has the following:
ONE: With a custom Website you could provide Web visitors
with a sense of the real estate market in your area. That’s what they want.
Why not give it to them?
TWO: Since you know that anyone’s first reaction to
your Website is going to be an emotional reaction, do all that
you can do to provide a favorable impression with graphics and
words that tap into their emotional needs.
THREE: Make it easy and risk free for visitors to
communicate with you. You can do this with feedback forms that
are customized to your prospects’ needs for one thing.
FOUR: Whenever possible, create interactive formats when
presenting information on your Website.
People generally do not like to read long pages or long
blocks of text. But
if you engage them in the process by presenting multiple
choice or checklists, you increase the odds that prospects
will actually read your message and engage with you.
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