Most marketing and branding efforts fail miserably. We all know a ton of so-called talented folks who’ve failed — and they worked their asses off. How’s that possible? I used to ask myself that question all the time. Then one day Dad pointed out a guy in the office who looked completely average. One might even say he blended into his surroundings. He made beige exciting.
He’d been a teacher for 20+ years, was in his 40’s, and had been licensed about three years. He was the fourth highest producer in terms of commission dollars in the highest volume real estate brokerage in San Diego. I was 16 at the time. Dad said to watch him and learn whenever I was cleaning the office. (I was company janitor.)
Watchin’ this guy was beyond boring. All he did was make practice calls to FSBOs. Then he practiced cold calling. Then he practiced listing presentations. Then he practiced showing property — all in the office. It was irritating. His name was Bob, and since I was still in school at the time, I could only imagine how terminally bored his students must’ve been.
In his third year, 1967, he made over $35,000. To put that in perspective, the median income for the nation then was about $7,500 or so. In today’s figures, and adjusting for currently available splits, his earnings would be roughly $700,000. More about Bob later.
Many times after monthly TechTard meetings adjourn, I walk across the hall to attend similar get-togethers with those equally handicapped in the disciplines of marketing and branding. No real point here, except to establish street cred when it comes to my lack of expertise when it comes to these subjects.
For the purpose of this post we’ll leave out selling, which is a stand-alone skill, generally not reliant on marketing or branding. Yeah, I realize bad marketing or branding can significantly hinder selling.
I hereby publicly plead guilty to multiple counts of Marketing By the Seat of My Pants, and Branding By Default.
If you know how to sell, great. If you suspect you could improve, do so. Read more