Summary of Course Marketing Wichita KS February 10, 2010.

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Presentation transcript:

Summary of Course Marketing Wichita KS February 10, 2010

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Fact: The # 1 source of students to attend a course is their Broker promotes/requires agents to attend educated agents are profitable agents

Conclusion: Market to Brokers who have a business model tied to the profitability and production of their agents.

Fact: An agent who attends a course and applies the information they learn, WILL increase profit and production in the next 12 months

Conclusion: market to agents who wish to increase their business in the next 12 months

Fact: A Brokerage Company agents who attend a course and apply the information learned will increase their income.

Fact: Brokers who understand that if their per agent production increased JUST ONE CLOSING PER AGENT in the next 12 months it would increase the income to the BROKER

Average Sales price $200,000 x 6% commission x 50% listing side commission x 30% (70/30 split with agent) = $1,800 company dollars per closing $1,800 company dollars per closing x 100 closings = $180,000 increase bottom line company profit Average Sales price $200,000 x 6% commission x 50% listing side commission x 30% (70/30 split with agent) = $1,800 company dollars per closing $1,800 company dollars per closing x 100 closings = $180,000 increase bottom line company profit

Company Dollars per closing $1,800 x 100 closings = $180,000 increase income

$180,000 will get any Broker motivated to prompt their agents to attend a course!

Fact: There is big profit in courses that have lots of students.

One Day Courses $100 - $ Students x $150 Each = $15, Students x $150 each = $30, Students x $150 each = $45, Students x $150 Each = $15, Students x $150 each = $30, Students x $150 each = $45,000

Two Day Courses $200 - $ Students x $250 Each = $20, Students x $250 each = $40, Students x $250 each = $60, Students x $250 Each = $20, Students x $250 each = $40, Students x $250 each = $60,000

Every Event Needs a Champion! Local Brokers who believe in education Brokers who want more income the instructor who wants to share in the revenue model Local Brokers who believe in education Brokers who want more income the instructor who wants to share in the revenue model

Fact: Agents want to save money on the cost of their o course and they will help you market your course.

Conclusion: create a pricing structure that entices one agent to recruit others

One Day Course Pricing 1 Agent = $150 each 3 Agents = $125 each 5 Agents = $99 each One Day Course Pricing 1 Agent = $150 each 3 Agents = $125 each 5 Agents = $99 each

Two Day Course Pricing 1 Agent = $250 3 Agents = $225 5 Agents = $199 Two Day Course Pricing 1 Agent = $250 3 Agents = $225 5 Agents = $199

Key: Require 3/5 applications together

NO EARLY BIRD SPECIALS!! the typical agent decides less than one week before the course to take it!

Course Marketing

Every Course needs a Champion! willing to take on the task of making the course a success! Profit sharing with the Champion Instructors can be your Champion!

8 x 8 Course Marketing Plan

9 Weeks Out Contact information on 100 top producing agents in market Contact information on 10 largest Brokers in market Printed Brochures for course Printed Invitations for course

distribution list for all agents in market Website set up for course – 3 click maximum from opening page direct address to the page – No pass code entry to information – Shopping cart set up so agents can online sign up and pay At least an application to download (pdf) 9 Weeks Out

8 Weeks Out Save the Date /direct mail to all

7 Weeks Out all agents Formal Invitation mailed to top 100 agents and top 10 Brokers Distribute course brochure at all BOR and Broker meetings and Association Office

6 Weeks Out all agents Distribute course brochure at all BOR and Broker meetings and association office

Personal visit to top 10 Brokers in market – Promote the Course – Explain the benefit of one extra Closing per agent this year 6 Weeks Out

Promote the Broker/Agent Webinar – Get a commitment for Broker webinar – promote their agents webinar 6 Weeks Out

5 Weeks Out all agents Visit Broker Sales Meeting and pitch course to agents – Promote the Agent Webinar – Distribute course brochure at all meetings

4 Weeks Out all agents Distribute course brochure at all BOR and Broker meetings and association office Brokers Webinar – Promote the Course – Explain income for +1 Closing per agent – Broker help to get agents attend course

3 Weeks Out all agents Distribute course brochure at all BOR and Broker meetings and association office Webinar for Agents – Promote the Course – Teach information on course topic

2 Weeks Out all agents Distribute course brochure at all meetings and Association Office Personal call Top 10% Brokers and Key Agents

1 Week Out all Agents Distribute course brochure at all meetings and association office Personal call to follow up on Top 10% Brokers and Key Agents

Host the Course Sponsors Gather feedback from students – Instructor – Course material – What they learned – can use today! flip video to record and post Have instructor promote the next course

The Greatest Source of New Students are the one’s in today’s class!

3 weeks after the course Get course critiques and post them to website to promote next course Follow up on success stories to promote next course – Find champions from this course to use for the next course

Top 5 Things to Look for in a Speaker/Teacher 1.They have It! – That magical connection a speaker has with their audience

2. Intrigued by what they are teaching 3. Create an atmosphere in which students can learn 4. Understand that teaching is a transfer of emotion from teacher to student 5. Brings something NEW, TRUE AND INTERESTING! Top 5 Things to Look for in a Speaker/Teacher

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