Rethink Real Estate
When More Isn't Better: Diminishing Returns in Real Estate Marketing Explained with Chris Cochran
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:22:43
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Sinopsis
In the latest insightful episode of Rethink Real Estate, host Ben Brady engages in a crucial conversation with Chris Cochran, the Director of Marketing for Harcourts Auctions. This episode centers on a fundamental business concept that profoundly impacts the real estate industry: the principle of diminishing returns, particularly in the realm of marketing. Ben and Chris delve into how an excess of investment, whether in terms of dollars or effort, can eventually yield lower returns, a scenario frequently encountered in marketing strategies. They discuss specific examples, such as the diminishing impact of social media advertising, the challenges of geographic marketing in your target area, and the broader implications for your business as a whole. This discussion aims to equip listeners with the knowledge to strategically allocate their marketing resources, ensuring they continue to achieve the desired results without wastage or inefficiency.