Category : Auction Marketing

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121: Will StarStar Kill the QR Code?

Auction marketers could create different StarStar codes per auction—like some auction companies do with unique URL’s. You could also generate one for different kinds of FAQ’s or for use at different trade show-type events—like hash tags on Twitter. You could use different codes in different media to track media inquiries, too. I don’t know . . . maybe even generate a custom one for a valuable prospective seller and include it in your proposal.

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120: Ask 4 Questions to Get More Sellers

Asking enough questions and asking the right questions will take a lot of the guesswork out of the prospecting process. Some of these questions you can answer on your own after some personal reflection or staff conversations. Some of these questions, though, will require you to interview your past and current sellers. All of these questions will give you insight into how to most efficiently maintain and even grow your client base.

119: There Is No Routine Auction

The same desire is true for a large portion of auction sellers—at least those with assets big enough to warrant a proposal or earn a company brochure. They want to know the auction marketer pitching to them will understand their situation, study their asset, and create a custom plan to make the best outcome possible. They want to hear, “There is no routine auction.”

118: A Small Business Marketing Innovation

Now, printing five or ten folders takes only hours. Prices vary according to quantity but are very affordable for most campaigns, especially compared to the old production method’s costs. You can have a custom folder for a proposal, for an auction bidder’s packet, for a settlement folder. You could even use variable data so that different recipients’ names and/or different photos are shown on their respective pieces.

117: Apps: Auction Marketing Tools

Even with only basic capabilities, an app’s simplified, browser-free interface makes it more convenient for the mobile user. The value of those push notifications can’t be understated, as it all but guarantees that even a passive audience will see each of your auction notifications at least once. Few media can say that. With editable location services, I could see an app having great value to the members of the growing number of affiliate networks or even state associations in the auction industry, too.

Why You and I Don’t Trust Advertising

Deep down, though, we all distrust advertising to varying degrees. We wonder what the ad isn’t telling us, what it’s exaggerating, and why so much fine print is often needed. The advertising profession is seen as convincing people they (1) need something they don’t or (2) want more than they need.

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