Your Target Markets and How to Reach Them
Before you can successfully create a marketing plan, you need to understand WHO your potential clients are and WHERE to find them. Every good sales person know that spending time selling to clients who have the potential to give you LOTS of business has more impact then going after smaller clients. Likewise in the staging industry, it's important to differentiate between what I like to call "A" level target markets and "B" level target markets.
"A" Clients = Clients that can refer you business on a continuous basis
"B" Clients = Clients that are a one-time sale or possibly a two-time sale (referral)
Don't think that HSR considers you only a professional home stager, because you're not. You're a Redesigner as well which is a very close cousin to staging. The reason that HSR's emphasis is on staging, particularly in marketing and building your business is because the staging business model is filled with "A" target markets, not "B" (as you'll see below).
The smart home stager/redesigner focuses their marketing efforts on the staging side of their business NEVER ignoring the redesign side for referrals and holiday times when things are slow in real estate!
Home Staging "A" Target Markets
Target Markets: | Sources for Finding: | Sources for Being Found: |
Real Estate Agents |
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New Home Builders | ||
FSBO's (For Sale By Owners) |
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Relocation Companies and Departments |
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Seniors & Retirement Communities |
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Foreclosures, Bank Owned through Real Estate Investors | Your best bet is to work with real estate investors (REI) who buy these auctioned properties by networking with your local investor club! | |
Probate Lawyers | These lawyers specialize in handling the property after someone has died and transitioning the furnishings and home into something that is saleable. | |
"B" Level Target Markets for Staging and Redesign | ||
Home Seller | Home Owner |