| January 26, 2010 |
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An advertisement is like an iceberg: most of its substance is out of sight. With icebergs, the visible tip can be a warning of danger ahead. Advertisements, in any medium, have earned a similar rap in our "pull not push" world. Consumers are leery of what intentions lie behind an ad. Instead, they dive into the online information pool searching out their own solutions and the "been there done that" experiences of others. Since that approach has its own serious flaws, an alternative reaction to advertising may be useful for those interested in confident decision making. Advertising still plays important roles in real estate, but its effectiveness has been diluted by the net and by changing technologies. Now that the cell is king, mobile computing will challenge advertising traditions and effectiveness even further. What will change? What will improve? What will stay the same? How will consumer reactions to "we-pay-we-say" promotion evolve? Tips on Savvy Interpretation of Advertising: To prepare to recognize the constructive and destructive shifts ahead, begin to broaden your understanding of advertising and marketing principles like stressing benefits not features. These concepts will become useful communication tools for you and they will also give you the advantage in deciphering pitches and promotions. Once you start paying attention to what is said and why, you’ll realize that advertisers and professionals often overlook, or forget, core communication concepts like those below. As a result, their advertisements are not as effective or on-point as they could be. Those who create advertising and promotions often believe that because they’ve paid, the ad should be about them and what they do or offer. As I’ve discussed in my latest book, experience has taught me that "the most effective advertising is not condensed telling, but distilled listening." For instance, advertisements that list features like amenities or services tell readers what the advertiser thinks is important. Ads that demonstrate respect for and interest in how these features benefit the target reader are repeating what has been learned from experience in delivering the amenities or services. Less is more here. The distillation involves selecting one slice of the broad range of the target’s issues and concerns and highlighting one or two benefits of particular relevance. Here our focus is real estate, so consider the following suggestions for revising your reactions in any real estate situation from shopping for a new home or selecting a lifestyle community to deciding on a listing broker or which listings to view. The selected Tips are written from the consumer’s point of view—the same perspective that should drive creation of advertising, whichever medium or whatever message is involved. These 3 Tips are just the tip of the advertising iceberg, but they will get you off to a strong start as discerning consumers:
Whether you direct communication and determine the outcome, or let the advertiser do it, is determined by which side is the more aware and purposeful communicator. And you thought real estate was just about granite counter tops and commission percentages. |
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