How To Stand Out In The Marketplace With An Unforgettable Brand With Nick Friedman

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How To Stand Out In The Marketplace With An Unforgettable Brand With Nick Friedman

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You can't build an attraction based business WITHOUT having a brand. I don't think you can have any long lasting business without a brand The most important thing you can do is learn how to stand out in the marketplace.People don't remember what you do, they remember how you do it. The hardest part most service based businesses or individuals have is seeing themselves as a brand. NOTE: Listen to the latest podcast with College Hunks Hauling Junk & Moving Founder Nick Friedman. Here's a sneak peak.... "I work for a broker and they are my brand..." NO, The you are the brand. The broker is not. Helping build your broker's brand does you NO BUENO. As a matter of fact less than 4% of consumers actually chose their agent because of the brand they were affiliated with. What does this mean? It means that buyers and sellers don't give a shit what company you work for. People aren't hiring your broker, they hire you. Company brand used to matter as the public perception used to think they needed to work with an agent at a big brand name. In today's brokerage world, that is no longer true for the most part because 96% of consumers reported they hired the agent vs the brokerage they affiliated with. How To Standout In The Marketplace Step 1- Determine Your Symbol Over 60% of all agent business is derived from referrals and repeat business because people seek out agents they know, like, trust, or are referred to. You don't get referrals and repeat business from strangers, you get them from the relationships you have in life, but only when you are remembered. You need a logo that tells a story. Which is more memorable? NIKE OR I think we know the obvious answer here, but the question is why? Over time we've been trained to associated Nike with their logo. When I see it, I don't just think of the company, but I think of what the company stands for. Instantly I get images in my head of: Michael Jordan Basketball Sports Just Do IT Adrenaline Competition and so on.... That logo has the power to trigger all those thoughts and emotions in my brain. That's the power of branding. Over time I have been exposed to a consistent combination of marketing campaigns where Nike associated their branding with the stories of well known athletes. You cannot learn how to stand out in the marketplace without first defining your own story. They didn't need to put their shoes or apparel in the ads, they just placed their logo next to the athletes stories. Therefore, over time, my brain was programmed to associate that swoosh with athleticism. It was the consistency and branding of the Nike's logo that created that association in my brain. I understand Nike is a billion dollar company and we are talking about real estate branding here so let's go through my own branding from when I still practiced as an example. Mike Cuevas, Realtor OR The logo is more memorable than saying Mike Cuevas, Realtor. Images are more power than straight text and why I use my logo in everything I do because I know my logo resonates more than my name. My Chicago Real Estate Dude eventually turned into Real Estate Marketing dude, the name of my podcast. I'm fighting for attention, not leads. THe "dude" is my personality summed up while my logo is my symbol. When you have the attention of your database you'll attract clients My only goal in real estate branding is to be the most known Realtor amongst my network.Once that is accomplished, it's just a numbers game because people move. The more people who know who I am, the more referrals and repeat business I get. It's that simple. I don't market Mike Cuevas the Realtor, I market the Dude who's name happens to be Mike Cuevas. My brand also reflects my style. I’m not a luxury agent. I’m a dude. I have found that the more “real” that I am in my marketing, the more people I connect with. Connecting with people , nurturing, and building relationships is the entire goal of my marketing strategy.