Thursday 4 April 2013

How to Create “Buzz” About You

Do you want to stand out from your competition and become the breakaway luxury real estate marketing brand in your area? The most effective real estate personal and company branding involves identifying an uncontested or under served market niche that you can dominate. But, to become the breakaway brand you must offer a remarkable value proposition that catches the attention of the media and sparks word-of-mouth advertising or “buzz” among your fans.

With the Internet making real estate market information ubiquitous most luxury real estate marketing professionals find it very difficult to differentiate themselves from their competition. They are usually hard-pressed if asked to articulate how they are different or better, how they stand out. If you are having this challenge, you are not alone!

Another word for market niche is market “category”. Categories are easy to understand in the restaurant business: fast food, Mexican, Chinese, steak house, etc. You can imagine how difficult it is to find an uncontested restaurant category if you just think about the usual suspects. Most restaurant categories are usually over-crowded in larger towns. But, here is a example of how a new restaurant can position itself to become the breakaway brand in an uncontested new category.

Imagine this, an informal restaurant that looks like a fast food restaurant where you order from a posted menu and they bring your order to the table. You can sit indoors or on a patio with picnic tables and umbrellas. The quality of fresh ingredients, and the caliber of menu items, including home-baked breads, which is what you would expect at a full service restaurant for double the price but you pay far less.

This identifies a much-under served market: Foodies who want the quality of “slow food, fast”! This would strike the right chord with persons needing a good meal but not having a lot of time. People need a lunch place that has great food with an original, varied menu that is inexpensive enough to visit often.

Did you pick up on how the suggested restaurant is able to articulate, in just three words, a new brand category as well as their extraordinary promise of value: SLOW FOOD, FAST? Not only does it meet a lot of needs, it also it easy for fans to spread the word. It facilitates word-of-mouth advertising, which is one of the most important reasons to get your personal or company branding spot on in your luxury real estate marketplace.



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