The power, and danger, of your database

Sales and Marketing and paying attention to yourHarley on display alongside a 1967 Mustang.
clients goes a really long way.We treated them special.
One of my clients is a land developer in an executiveAnd they ate it up.
lake front community. The homes are $750,000 ' $1.5The problem though is the responses I got back
Million dollar custom built beauties.from the email list.
We were brought in to "be" their marketingPeople replied back saying they waited and waited '
department. To most outsiders, our firm looks likebut never heard back and ended up buying
we are actually employees.elsewhere. At least 10 of those responses (let's see
The reason we were brought in was their pastnow ' 10 people x $1,000,000 homes = $10,000,000
marketing manager.down the drain!).
She got fired.People called me names ' some nasty.
For a VERY good reason.Overall, people were very thankful.
This was a person who acted as if the company wasWhich leads me to the whole point of this article...
her own, and as if she was not accountable at all forYou MUST collect leads from interested party but
marketing funds.even more important is you MUST follow up with
When I first started digging around, it was verythem. If people express their interest ' the job is at
evident that this person loved to spend theleast 50% done. Then it is in effective follow up to
companies' money ' without any thought to results.close the deal.
Ads being run in newspapers and magazines thatThis company neglected this database ' and even
DEFINITELY did not target the right demographics.worse, neglected these peoples trust.
Radio spots being run on stations that 18 year oldIt will be interesting to see what we can do with
skateboarders listen to (how many of them do yousome effective follow up.
think will buy a million dollar home?)From what I have seen so far ' simple letters and
A website that looks pretty but is seriously lackingemails will help sell million dollar home sales. Of course
good quality content. The one VERY good thing theyit will take more than just that ' but most people
have on the site is a form to fill out for morewere very happy to get emails and print letters from
information...but this is part of the big problem.us.
People were filling this form out ' and NEVER hearingI will keep you updated on the progress of this
back from anyone.project ' it is a fun one.
I tried to find all their databases.Remember, keep a database ' and follow up with
"Data what?"them! Invite them to special events. Give them gifts.
No one had a clue on where the databases were orTreat them like gold. And follow up with them again,
even what they were.and again, and again.
After a month I managed to compile a list of ~You are criminally neglecting these people if you take
2,000 interested prospects that had either been totheir names and do nothing with them.
the website and filled out the form attended anThe sad part?
event phoned in or visited the information centre orThis client is much like 95% of the companies out
had expressed some form of interest at one point.there in existence today.
Remember ' these are people who have not heard aWhich is why it doesn't take much to stand out from
word back from the developer ' some of them filledthe crowd as people are sadly quite used to this kind
the form out a year or more ago!of neglect?
First thing I did was send an apology letter toBe the one that does pay attention.
everyone on the database. Imagine the shock theAnd be the one who shows them that you DO care
staff had when I told them we have to apologize forabout their business.
being so tardy (and downright dumb) about lack ofPS ' If you are looking for investment properties or
follow up.are looking for one of the best communities to live in
Then I invited them all to 2 parties coming up.' let me know! In the first 24 months, the lots in this
Then I sent an email as well ' giving more informationcommunity have gone up 250% in value.
and reasons to attend.The one person who lives there now has tripled his
The first was a VIP party held on Wed night. Itmoney in less than 2 years! Calgary (where I live) is a
turned out fabulous! We had 80-100 people show upSCREAMING hot real estate market right now '
and were very happy to hear from us and see all theaverage home prices are going up at 10% a month
progress being made. We served them top qualityright now. And this is the ONLY natural lake front
wine, cheeses, and bread. We gave them leathercommunity being built ' or even available right now.
bound information packages with a ton of contentLet me know if you want more information.
and information inside. We gave out prizes. We had a