ComputerHunter.org

 

Mortgage Marketing - Broadcast Advertising vs Direct Advertising


Do you know how to design and deploy a marketing campaign?

Even if your ad budget is small you should still plan and measure the results of you advertising. This process is the key to your ultimate success.

You see, there are two types of advertising. The first is broadcast marketing. This category includes TV and radio commercials. While broadcast ads can be effective, they are very expensive and almost impossible to measure.

And you can't manage what you can't measure.

Which brings us to direct marketing. These ads are sent directly to your prospects. Sales letters, coupons, and order ready websites are some examples of this type of ad. But the truth is, any ad that you can accurately measure the results of falls into the category of direct marketing.

The advantage of direct marketing is that it is more science than art. You can key every ad you use and measure the real world results exactly.

This is huge. Through trial and error you can test the effectiveness of your ads. Over time you can gradually improve the pulling power. Eventually you'll have a set of ads that work really well.

More sales for less money.

To get there you must key every ad and keep careful records of the results each produce. Run two ads every time you advertise in any given media. Compare the results and go with the winning ad.

Then write another ad and put it up against your winning ad or control. If it beats your control then use it instead. Keep refining and testing.

This is an ongoing process. Markets change and ads loose their effectiveness after a while. To have a top-notch marketing campaign you must be constantly improving your ads.

To Your Prosperity,

David A. Wells, owner of http://www.Mortgage-Millions.com and author of The Millionaire Mortgage Broker's Marketing Manual, is a mortgage marketing expert who helps mortgage brokers succeed. He can be reached at mortgage@mortgage-millions.com.







Google News - Top Stories

Boston Globe

Uneven market pain: Energy stocks crash, REITs rebound
Los Angeles Times - 4 hours ago
The stock market made history last week, although not in a way most investors would prefer. The 18.2% drop in the Dow Jones industrial average for the week was the biggest in the index's 112-year run.
AP Top News at 10:09 am EDT The Associated Press
Panicky Sellers Darken Afternoon on Wall Street New York Times
BusinessWeek - Reuters - StreetInsider.com (subscription) - International Herald Tribune
all 4,603 news articles


TopNews

The Early Word: McCain to Deliver Underdog Speech
New York Times - 1 hour ago
By Michael Falcone Senators John McCain, seeking to both acknowledge and change the narrative that has begun to dominate the presidential campaign, plans to unveil a retooled stump speech today.
McCain aide: 'Turnaround' starts today CNN
McCain camp offers mixed signals on economic plan The Associated Press
MSNBC - Wall Street Journal - USA Today - StarNewsOnline.com
all 449 news articles


Telegraph.co.uk

Germany Pledges EU500 Billion in Bank Rescue Plan (Update3)
Bloomberg - 42 minutes ago
By Andreas Cremer Oct. 13 (Bloomberg) -- Germany will provide as much as 500 billion euros ($681 billion) in loan guarantees and capital to bolster the banking system, the country's biggest government intervention since the Berlin Wall came down in ...
German bank plan to stabilise financial system-Merkel Reuters
European governments calculate cost of bank plan International Herald Tribune
Telegraph.co.uk - Xinhua - Sofia News Agency - People's Daily Online
all 510 news articles


Baltimore Sun

Winds whip up wildfire north of Los Angeles
The Associated Press - 48 minutes ago
LOS ANGELES (AP) - Intense Santa Ana winds swept into Southern California Monday morning and whipped up a 2000-acre wildfire, closing a major freeway.
Video: Fire Burns 500 Acres Northeast of Los Angeles AssociatedPress
Two California wildfires ragel WLOS
KTLA - United Press International - Ventura County Star - Contra Costa Times
all 1,835 news articles


Telegraph.co.uk

Mbeki in bid to save Zimbabwe power-sharing deal
AFP - 49 minutes ago
HARARE (AFP) - Zimbabwe's President Robert Mugabe swore in his two vice presidents on Monday, casting doubt on a new mediation effort aimed at saving a power-sharing deal with the opposition.
Thabo Mbeki to Mediate in Deadlocked Zimbabwe Talks (Update1) Bloomberg
Zimbabwe Opposition Leader Threatens to Quit Power-Share Deal Voice of America
AllAfrica.com - United Press International - International Herald Tribune - The Associated Press
all 2,587 news articles

Google
 

Copyright © 2006 Computer Hunter - A Division of Arthur´s Job Base