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Lead generation is a critical piece of the puzzle for real estate investors who depend upon transactions.
Without leads, you can’t do deals.
Without deals, you don’t get paid.
It’s just that simple.
Right now, the competition for leads is heating up in a major way. In most big cities, inventory is getting extremely tight. Big investment companies are spending huge dollars to generate seller leads.
So if you’re a little company, how can you compete?
Don’t worry, we’ve got you covered! Just keep reading and we’ll tell you more about how to capture huge value from PPC… without spending any time on it.
Here’s 5 Lead Generation Secrets of PPC that Most Real Estate Investors Don’t Understand:
#1 – Google isn’t the only game in town.
Sure, the search giant has become the world’s largest recipient of advertising dollars, and roughly 2/3 of searches happen on Google. We’ve seen their PPC rates growing really fast as investors are buying up the bid rates on their network… but for the most part, investors are ignoring the 1/3 of the traffic that happens across the other networks.
When we generate leads for our clients with our PPC Service, we’re reaching across 99% of the places that people search. Often we find that the cost per click is way lower on non-Google networks, and in some locations the cost savings per lead is big. We love finding extra value for our clients in unexpected locations. :)
#2 – Beware your bidding tool.
Investors who are bidding thru AdWords (and other tools like it) are often just throwing money away in unexpected places. Let’s be realistic here.
Did Google get to be the world’s largest advertiser by designing a tool that helps you save money, or one that makes them money?
I’m not accusing them of any kind of fraud, just pointing out that when you use the bidding tool that’s designed by the advertiser, you should expect to pay more. Good PPC management will pay for itself many times over – and bidding software is a key piece of PPC management.
We use a proprietary PPC Bidding System for our our PPC Service, because we couldn’t find one out on the market that had all the features we wanted to bring to our campaigns.
Our tool has some campaign optimization tools that helps our clients track the quality of the leads they get – not just quantity. That feature helps our team to identify high-value, low-cost advertising networks that show great promise for lead generation far before our competition, PLUS – it allows us to quickly hone in on unique sources of local leads for our PPC clients.
If you choose your bidding tool well, you’ll be able to get higher Value per Conversion. That’s a metric that most investors don’t consider – but they should. A good bidding tool is an important piece of the PPC puzzle.
#3 – Even the best software doesn’t make good decisions.
Too many investors make a huge mistake with PPC: They set it and forget it.
I’m sure Google loves this… they must make a huge amount off of campaigns that aren’t continually adjusted. We constantly find new ways to improve our results for our PPC Service – constant improvement is one of our core values as company, so we don’t ever take a passive approach to anything… including PPC.
PPC is one of those areas of life where a little healthy skepticism is a good thing. I’ve been in marketing and real estate for going on two decades, and if there’s one thing I’ve learned – it’s that you can’t always trust what people tell you when there’s money involved.
If you blindly trust that Google’s software is helping you optimize your ad costs, then you’re probably wasting a lot of money on other forms of marketing too – you should sign up for our Market Domination Strategic Planning and let us help you get a higher ROI by assessing your traffic, leads and position within your market first – before you throw more money at another campaign that’s not connected with a solid real estate investment marketing plan.
On PPC, you’ll definitely get the best results by taking a proactive approach to managing your campaigns. That can be time consuming and confusing, especially when you’ve got a million other aspects of your business demanding your attention. Signing up for our PPC Service gives you peace of mind, knowing that we’re aggressively working to improve your campaign while you take care of other business.
#4 – Quality ads convey your competitive advantage.
What if you could change your ad and double its conversion rate?
You’d get twice as many leads from the same ad – just by improving the quality.
So what’s gonna improve the quality of your ads?
First, make sure that your ad is specific so you’re not getting the wrong kind of traffic. “Get a Cash Offer Now” is compelling, but do you want people who need to sell a car clicking on your ad (and costing you money)?
Second, try to differentiate yourself. Everyone seems to be saying “we buy houses” – can you deliver a cash offer in minutes? Are you local and family owned? Are you an Expert Community Resource?
Figuring out how to set yourself apart from your competition is one of the most important things that any business owner can do – and it heavily relates to your content marketing strategy.
For example, here at Carrot we know that none of our competitors are focused on data-driven lead generation for real estate investors. Lots of other companies are great at selling marketing products to small businesses owners, and they’ve just relabelled existing website templates and changed some titles to make them “built for real estate investors”. Our sole focus as a company is on the real estate investment niche, and that’s a huge competitive advantage for us.
What’s your competitive advantage, and how can you use it to improve the quality of your ads?
Of course, if you use our PPC Service, we’ll write high-quality ads for you that incorporate your competitive advantages – and if you need help developing your competitive advantage, you should sign up for our Market Domination Strategic Planning to hone your brand’s identity as a part of your business’s marketing.
#5 – PPC results depend upon conversion.
Here’s where InvestorCarrot members are really lucky.
We know that our sites convert really high, so if you’re driving traffic from PPC to one of your Carrot sites, chances are great that you’re already getting better than normal conversion rates from your campaign.
(If you’re not already using an InvestorCarrot site, you need to get started now.)
Too often real estate investors will dump a lot of money into a PPC campaign without getting results, and they don’t know why. They’ll even tell other investors that PPC is a waste of money, instead of figuring out how to improve.
PPC is just a targeted source of traffic – in order to become a lead, you have to send that traffic to a page that converts well. There’s a lot of people out there who say that you can’t send a PPC campaign to a home page, that it’s gotta go to a lead page… and that’s not necessarily true. We’ve gotten great results for clients with both, depending on the type of lead.
What’s critical is that the ad matches the offer.
For example, lots of high-traffic foreclosure keywords are informational (they’re not looking to get a cash offer), so it makes sense to connect a foreclosure keyword to an offer of a Free Report. There’s great reports and landing page included in our sites, and you can add unlimited variations to your sites… so get creative!
Just make sure that you’re constantly testing to improve your conversion rates. Never give up, just focus on getting better. :)
One more final plug for our PPC Service – there’s no risk in filling out that form on the page, since the first step is just to talk with me. I’m here for you, and we’re pretty transparent.
We can check on the traffic counts in your area, discuss conversion rates, and let you know what to expect out of our PPC Service – in terms of ROI, growth of your business, and lead generation.
PPC certainly isn’t the only form of lead generation that’s out there, and it’s not the cheapest, either.
Costs right now are hovering somewhere around $40-80 per quality lead in most competitive markets, and cheaper in those that are off the beaten path. You can usually get leads for free from Craigslist, if you know how to work it right.
We offer our PPC Service to help investors capture every lead possible without lifting a finger.
If you’re too busy to dive deep into your marketing strategy but you want leads now, let us get a campaign going for you.
We can run 6 months of PPC in most markets for less than the profit from one deal – usually, the ROI from PPC is much, much higher.
So get started now – click that link, fill out the form, and we will get our PPC Service working for you.
What PPC Keywords For Motivated House Sellers Net The Highest ROI? Our Analysis…
We analyzed over 3 million PPC search terms and nearly 5,500 house seller leads to find the 800 highest profit motivated seller keywords.View The PPC Keywords Now