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My point in doing this video and blog post is to say that anything that you do where you are reaching out to people and exposing your products and/or business will work. And...the most important point I really wanted to make is this. Down time is bad time. If you have the time, you should be doing something that is revenue producing and productive.
The problem is that information abundance equals attention scarcity. This is known as attention economics. Social scientist Herbert Simon was the first person to discuss this concept when he wrote “in an information-rich world, the wealth of information means a dearth of something else: a scarcity of whatever it is that information consumes. What information consumes is rather obvious: it consumes the attention of its recipients.”
Property listings on online home search sites usually contain one or more real estate professionals as a point of contact. Listing agents may want to conduct extensive research into advertising rights before choosing a site to purchase leads from. Exclusivity to leads that request more information on a listing vary depending on the site’s policy. In some cases, leads are sent round-robin to other agents that have purchased leads in a designated zip code, even if one agent is listed as the main point of contact.
Use a tool. You should not be explaining everything about your opportunity or whatever it is you have to sell over the phone, point them to a video, sizzle call, event in their area, anything but you try to explain it all over the phone. You can say “The first step to see if this is even a fit for you is to watch our short overview video at ________________”
Cost per click advertising (e.g. AdWords, Yahoo! Search Marketing) overcomes this problem by charging advertisers only when the consumer clicks on the advertisement. However, due to increased competition, search keywords have become very expensive. A 2007 Doubleclick Performics Search trends report shows that there were nearly six times as many keywords with a cost per click (CPC) of more than $1 in January 2007 than the prior year. The cost per keyword increased by 33% and the cost per click rose by as much as 55%.