Epic Real Estate Investing - Pay Per Click (PPC) Marketing for Motivated Sellers w/Scott Corbett | 295
Episode Date: September 18, 2017Epic Real Estate Investing shifts gears to dive deep into the world of pay per click marketing for motivated sellers with PPC professional Scott Corbett. Expand your business to include this powerful ...lead generation strategy and obtain the most valuable motivated leads that money can buy. If you are on top of your follow-up game and have reliable lead response processes, you are ready for a lead generation strategy that guarantees to turn up distressed sellers. PPC mastery is this way. Listen! ______ The free course is new and improved! To access to the two fastest and easiest strategies to a paycheck in real estate, go to FreeRealEstateInvestingCourse.com or text “FreeCourse” to 55678. What interests you most? • E.ducation • P.roperties • I.ncome • C.oaching Learn more about your ad choices. Visit megaphone.fm/adchoices
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This is Terrio Media.
Broadcasting from Terrio Studios in Glendale, California, it's time for Epic Real Estate Investing with Matt Terrio.
And welcome to the epic real estate investing podcast.
This is the show where I show people how to escape the rat race using real estate.
And to make this happen for you, the first step is just shifting your focus.
Just shift your focus from making piles of money to creating streams of money.
That's where it begins.
And you only have to do that once.
And then you just have to embrace that shift.
And your escape from the rat race is going to be at least 10 times faster than those that choose the alternate path.
And let me clarify.
I just want to make sure that this isn't getting misinterpreted.
This is not get rich quick.
That's not what we're promoting here.
If that's what you're looking for you're in the wrong place.
But it is get rich quicker and it's getting rich permanently.
And to get started down that path or restarted, if you will, I've created a free course just for you.
go to free real estate investing course.com, free real estate investing course.com.
And you'll get a crash course there on how to find deals and you get the two quickest and
easiest strategies to a paycheck in real estate.
And then just stay tuned here each and every week.
And I'll show you how to put that paycheck to work for you in a way that it works harder
for you than you did for it.
All righty.
Important dates.
If you'd like to join us for more fun than business, we've got a special outing in Napa Valley,
the team and I, a group of like-minded real estate investors as well, a group just like yourself,
we're headed to Napa Valley October 13th through the 15th. Limited seating is available.
You can go to drink and grow rich.us for all the details. And if you've been thinking about this,
please go do that right away. It is the high season and it's going to be busy. And what we're
finding, a lot of the hotels are taken. And they are actually charging top dollar for that too,
just warning you. But if you've never been to the,
Napa Valley in the fall, boy, you are in for a big treat.
And if you like wine, you're in for a bigger treat because that's what it's all about.
It's just outdoors and it's, God, it's been so hot this summer.
I'm really looking forward to some fall weather where I can wear that sweatshirt and shorts.
I like that weather.
We got that good combination.
So go to drink and grow rich.
Dot us.
Dot us.
All righty.
And then November 2nd, 3rd, and 4th.
And the 5th is optional.
But it will be the last chance to catch the epic intensive weapons of mass production
where for the last time, we'll be covering how to get the highly potent and powerful tools and methods every real estate investor can use to find more motivated sellers, buyers, and private lenders, and as little as 60 seconds.
I mean, even if you think you've heard all before, I'm going to show you how to generate some leads right there on the spot in the event.
All righty, and not just names and addresses, but real leads that have real interest in what you do and what you can do for them.
And as soon as you register, you get instant access to epic fast formula to $10,000 and 30 days or less.
and this is all taking place on November 2nd through the 4th in Birmingham, Alabama.
And the reason the fifth is optional is we're going to be touring probably what I think is one of the greater cash flowing markets in the country
because you've got a really nice combination there of appreciation and cash flow.
And we're going to tour that area and properties in that area with our Birmingham partner.
You're going to see before, during, and after cash flowing properties in their rehab states.
And again, registration is now open.
And all you have to do is go to epicintensive.com.
And for the first 25 people that register, you will be admitted in for free.
And the price will rise the closer that we get to capacity.
Most, if not all of those free seats are already gone.
They could be gone by the time this airs.
So you want to go quickly.
But still, even at full price, it's going to be a great deal.
And it's 100% money back guaranteed.
So you can't lose.
All righty.
So I got a good show for you today.
A show on lead generation.
as we've talked the last several weeks, I don't know, maybe six to eight weeks or so on how to convert leads to contracts.
So let's shift the conversation a little bit.
Let's talk about a method of actually generating leads, a method of automating lead generation.
So you can use what you've learned here over the last six weeks or so.
I found that this method is frequently discussed, but I also find it's rarely understood, not understood completely.
So I brought on one of my strategic partners to explain pay-per-click advertising.
You might have heard it referenced as PPC, pay-per-click advertising.
In fact, our guest runs my PPC campaign.
So I thought what better person to have on it and share with you what it's all about
and clear up any misconceptions and answer any questions.
And if it makes sense for you, how to put it into practice for yourself, into your business.
All right.
So without further ado, from Lightmark Media, Mr. Scott Corbett.
Scott, welcome to Epic Real Estate Investing.
Thank you, Matt.
Great to be here.
It's privileged.
Yeah, I know.
We've been talking about this for a long time, and I'm glad we finally coordinated our schedules and got you here.
I know you're a busy guy.
Let's get started with what is PPC?
What is pay-per-click?
That's just for some people, they might, when I say PPC, every once in a while, someone will say, what is PPC?
So let's just kind of start with the basics, and then we'll work our way up to where it is and where it can be in our listeners' lives.
So what is PPC and what's the basic principle of how it works?
All right.
So let's just paint the scene here.
Okay.
So you inherit a house or you've got a sudden job transfer and you've got to move or you need to sell your house for whatever reason and it's, you know, maybe it needs too much work to sell it on the retail market.
So what are you going to do?
So in situations like that, the way most people today go to solve their problems or get information as they sit down at the computer and they go to Google.
and so you sit down, you type in something like,
sell my house as is, right?
And then there are a million versions of phrases like that.
But some phrase that basically says,
I've got a house and I need to sell it.
And, you know, it's and then, you know,
it's usually a situation that reflects someone's awareness
that they can't just go to a real estate agent and sell it the usual way.
So anyway, whatever that phrase is, they sit down, and then the search results page comes up,
and there are three kinds of results that you can see on these pages, sometimes two,
sometimes three.
I'll explain what I mean.
But in either scenario, at the very top, you're going to see three to four ads for companies
like yours, Matt, right?
So, and those ads basically are what we're talking about with PPC.
It's that first, it's that top section of a search results page where people,
advertisers, where company like yours, Matt, are paying to be there, right?
Or they're not paying yet, but they're paying for, they're in the system,
and they're willing to pay if somebody clicks the ad.
And just to be really clear on the rest of the page,
the other one to two sections of that page that you might see
one optional section would be like a map
a map listing
some of these searches trigger map results
most of them don't
and then down below you'll get the regular
so-called organic listings
which is
you've got to basically do some good
SEO to show up for those
but in all cases the way to guarantee
that you're going to be on that page is to
is to pay to play, right?
The organic listings and the map listings,
that's basically up to Google's own arcane formulas
for who gets to be there and who isn't.
But the way you can guarantee a seat at the table
is to actually show up and be willing to pay.
All right, so if you're willing to pay,
then you have to get set up in their backend system.
It's called AdWords.
And Bing, by the way, has a similar,
system and you essentially you know the the short version is you pick out the keywords you want to
you want to bid on the keywords where someone types in versions of them you want your ad to show
then you have to write ads then you have to have a place to go and they click the ad your website
or a special landing page and and then you have to set a bid for what you're willing to pay for that
click so that's that's the basics okay so so
All right.
So someone comes in and says, hey, I'd like to sell my house fast or how do I sell my house fast?
And that could be one of the keywords.
And that ad comes up.
And the fact that it's called pay per click, you don't have to pay unless the person actually clicks on your ad, correct?
That's right.
Okay.
So you click there and then that takes them to, you could link that to your own web page.
Exactly.
Yeah, and so then, and then that's like the second half of making this whole process works.
And by the way, I just want to say this isn't cheap, right?
So it's expensive and getting more expensive practically every quarter.
Like most of those keywords that are pretty likely to have a motivated seller behind them,
most of those keywords now, every single click is going to cost you probably around $20 or more.
more. And so, you know, this is, you got to, you got to be ready for that click when it happens.
And by being ready, I mean, the place where they end up needs to be strong. It needs to, you know,
be congruent with what the ad said, what you're promising. You, just as a side tip, Matt, if I may,
We, you know, we run like about, at this point, about $4 million a year in motivated seller advertising of this type.
And we've tried lots of different kinds of landing pages.
We've driven traffic to, you know, someone's, you know, regular website.
I can just tell you what we found is that it's a bad idea to send this traffic, which is expensive to a regular website.
Because there are too many options, you know, like up in the top navigation when you've got, you know, contact and about and maybe a link to your blog and, you know, just if it's a regular website, there are going to be a lot of options in the navigation and probably some options on the page itself.
And there are really only three things you ought to let people do when they, after they click through your PPC ad.
So when they hit that page, we use dedicated.
PPC landing pages, by the way.
I mean, that's, that's our solution.
So what is that, what is that dedicated?
So it's a landing page that only filters PPC traffic.
It only takes PPC traffic.
We don't even let Google index these pages so they, that you can't get to it any way other
than clicking that PPC ad.
And it's for a couple of reasons.
One, because if, if you're having multiple sources of traffic, like social media traffic
and organic Google traffic and paid traffic,
going to the same place,
it's a lot harder to figure out your marketing ROI by traffic type.
Got it.
And so we like to just isolate PPC in its own ecosystem
so that you know exactly what your ROI is at the end of the day.
You know what leads were PPC leads.
You know how many of those went under contract, what you made.
It just keeps it all separate.
but it's also the case
along the lines of
it being a bad idea to send PPC traffic
to your website
is that you're more likely
to get somebody to do
one of the two things you want to happen
which is to either pick up the phone and call you
fill out a web form
you're much more likely
if there's not a lot of distraction
on that place where they land
right
so really when somebody hits that page
they should only have three options
which is to do one of those two good things,
which is, you know, call or fill out a web form
or to hit the back button or to close the browser.
There should be no other options.
And so we just found if you do that,
the net effect of it is
should get more phone calls and more web forms.
If it's a landing page that kind of boxes them in that way.
Right, right.
I kind of remember
it's making me think of something back, I don't know, this was probably what, 15 years ago, 18 years
ago when I was in a multi-level marketing company.
And the whole strategy was to invite people to your event.
And they said the more questions you answered that they asked after you extended that invitation,
the less likely they were going to show up.
So I'm thinking of this landing page.
Like, you don't want to give them any other options.
And to get their questions answered, you want them to actually show up.
and that would be in the form of a phone call or a web form.
Same psychology, it sounds like.
Yeah, exactly.
I mean, you know, you have to say a little bit,
just so they know they're in the right place.
Right.
And that you're the kind of company that can help them.
And you want to, you know, you want to as much as you can,
let them know that you're trustworthy.
If you've got something like a Better Business Bureau logo,
you can put up there.
If you can put a testimonial up there from a previous seller or something, that's really good.
But yeah, you really just want to satisfy them that, okay, these people are the kind of people I need to talk to.
They seem legit.
And now the way, what I've got to do next to really find out if they can help me, it's got that.
Got it.
Okay.
So that's the basic structure.
That is the basic structure.
I mean, it's, you know, it's search marketing.
So people go to their computer to solve a problem or gather information,
and you are just trying to show up and meet them there in that moment when they're doing that.
And if you can meet them there with a, you know, with a solution to their problem,
then, you know, that's a pretty good place to be.
And can I just talk about one difference between PPC and direct mail, Matt?
Sure, absolutely.
Okay. So I'm sure a lot of your listeners understand direct mail marketing, which is super
effective when it's done right. You know, where you're sending out, you know, postcards or
yellow letters or whatever based on certain criteria to people in a certain area. And, you know,
you've got to just to make this really clear by contrast. Imagine the difference between somebody who, you know,
maybe it's an elderly person.
They're sitting on a home that's fully paid for.
Maybe they're, you know, starting to think about moving into an assisted living facility
or something.
And but they're not really serious about it yet.
It's just kind of something they think about occasionally.
And they get through direct mail letter and they go, oh, okay.
Well, so Matt, Matt says he can buy my house for cash and I don't have to fix it up.
Oh, that's pretty interesting.
So what they do next is basically going to depend on.
how serious they are about it in that moment, right?
Mm-hmm.
And there's no telling.
I mean, maybe, and this does happen, as you know, Matt,
some of them actually go, oh, my gosh, this is perfect timing.
You know, my, that roofer just came by and gave me that crazy estimate on the roof
after Hurricane Irma just blew through.
Right.
I don't want to fix that thing.
I just want to be done with this house and, you know, and go move in with my daughter in Oklahoma.
Mm-hmm.
And so that person, after they get that direct mail piece, I mean, they're probably going to call you.
Right.
Right.
But nine point, what is it?
9.95 times out of 10, what happens with direct mail?
Nothing.
Nothing.
Yeah.
Exactly.
It's just, it's a numbers game.
So, and it, like I said, it totally works as long as you understand it's a numbers game.
But the contrasts that with pay-click.
For pay-per-click, you're not the one reaching out to them.
They're the one reaching out.
They're the one taking action initially.
They're sitting down.
They're trying to solve their problem.
And so in that sense, just inherently you're going to get a higher level of motivation.
And I'll also say, in that you know this, it also means you've got to be on your game.
if you get one of these leads that you've probably paid at least $100 in clicks for,
if not, you know, in some of the markets we're in, it's over $300 per lead.
You know, so apart from the money, you've got to really be on your game.
Like, you've got to answer the phone when it rings, or you've got to call them right back.
Or if the web forum lead, you've got to have either a sales guy and acquisitions guy on your team
or you've got to be the one contacting them right away
because you know how it is today.
Like if you don't get an answer immediately, what do you do?
You just go back to that Google page, right?
Right.
Click the next thing down, exactly.
Yeah, exactly.
So it's kind of the two-edged sword of a really motivated lead.
On the good side, they're actually motivated.
They're ready to talk to somebody.
They want to find out what their options are.
but they're impatient and they're not going to wait around for you.
So if you don't step up and help them right away, they're just going to move on to the next person.
Right.
Okay.
So what I'm hearing is as you're kind of drawn a distinction between pay-per-click and direct mail,
both are very effective and both work.
But the paper-click lead, you know, we've discovered it's a higher quality lead because they are seeking us out.
And typically, they are motivated.
Also, that they are impatient.
So you need to be quick when you respond to them.
It's not like a motivated seller lead or a direct mail lead where that you can, I'll get back to them on my lunch break or something like that.
And you need to be competent.
These aren't leads that you want to practice on, so to speak, if you're just getting started.
Is that pretty accurate?
Yeah, I mean, I'd say that you need to be ready to have that conversation.
Yeah, definitely.
And so it sounds like, you know, what you guys have been doing on this podcast is probably the kind of thing people should have thought through, you know.
How do you talk to these people?
How do you figure out what their pain points are?
Right.
What they're really looking to do.
I mean, it's kind of standard sales stuff, but it's a particular situation when you've got home sellers.
But, yeah, you need to be, you know, you need to, they either need to be coached.
by someone like you mad or they just need to have the experience about how to talk to these people
before they start spending money on pay-per-click yeah i agree with it perfect so yeah that's kind of
a little bit was my my philosophy on covering converting the lead first before you spend the money
on generating them uh so we're talking about you said minimum probably 20 dollars a click or
average 20 dollars a click how much does someone need uh say in a monthly budget you're
for pay-per-click to be effective for them or to be worth the effort or worth the cost.
All right.
So I'll just go ahead and say that.
It's a tough question to answer.
It depends.
Yeah.
I mean, because first of all, you know, real estate is local, and that's true in pay-per-click as well.
Even though pay-per-click in every single market we manage has gotten more expensive in the past year or two,
that that rate of increases is is a lot higher some places than others.
I mean, I mean, like, this probably won't surprise you, but San Diego leads are a lot more expensive than Tulsa, Oklahoma leads, you know?
Now, is the value of a deal in San Diego greater than the value of a deal in Tulsa, you know, even like on a wholesaling basis?
Yeah.
It is, you know.
But here's the thing.
You've, you know, you've still got to be prepared to invest, you know, some amount of money to play in whatever market you're in.
So here are some guidelines.
I can't really give you an answer other than to say that we find that you've got to get a certain amount of data through the system before you can start to make anything better.
And so by that, I mean, you know, a certain number of clicks, a certain number of conversions, which is basically a conversion just means either a web form or a phone call, you know, somebody actually showing up and saying, hey, I want some information or I want help.
And in general, if you're not willing to spend a thousand bucks a month on clicks, it's going to be tough to kind of get any information and have the system improve over time.
Okay.
But that said, a thousand bucks a month is not enough in San Diego, you know, because the clicks can actually be as high as $50 each there.
So it is market by market.
One thing to think about, you know, like just knowing the numbers of your business is important as a starting point.
So you probably, like, let's just say you're a wholesaler.
You probably know in your market what kind of wholesale commissions you can get.
And maybe there's a range, you know, depending on what kind of house it is.
Or if you're a rehabber, you know, you have a pretty good idea of what your profit margins are on different kinds of houses for doing a full rehab.
A fix and flip.
So, you know, start at that point.
Like, no, where you want to end up.
and then from that back into like how good you are on the acquisition side.
So do you typically need, I don't know, 20 leads to get something under contract?
Do you need 15?
Do you need 30?
You know, my clients, by the way, on that little note, like, because I always get this question,
how many leads do I need to get something under contract?
There are a lot of, again, there's a range of answers that I hear, but it's basically
everything from like the upper teens, like, you know, 17, 18, 19 leads per contract all the way up to like about 35.
And I can't, I think it's a combination.
That's a pretty big difference, right?
That's one is like twice as high as the other.
I think it's a combination of the market.
And what we've been talking about already today, which is like how good you are on the sales side.
Right.
You know, how effective you are with making offers, talking to people, building rapport, things like that.
Mm-hmm.
But anyway, you know, if you know your numbers, I mean, you know, let's just say you know you can get, like, Matt, do you mind if I ask you?
Like, in your market, do you do wholesale deals?
Yeah, just the stuff we don't want to hold and we'll wholesale that.
Yeah.
Like, what's an average wholesale commission in the markets you buy?
We're between eight and 12, probably.
for just straight wholesale?
Yeah, so maybe we could just say
10,000 average for a wholesale deal.
So you'd probably be pretty happy
if you could get that deal under contract
for like, you know, $2,000,
maybe even $3,000,
that still leaves some meat on the bone for you.
Right.
And of course, the lower the better.
So, you know, whether it's direct mail
or it's PPC, you just got to have
an idea of what you're willing to spend to get something under contract and just break it down
from there.
I give it, if you're willing to spend $2,000 to get a house under contract for PPC, and
let's just say generally based on your experience, you know, it's, you can close one out of
every 15 or one of every 20 leads.
Let's say it's 20, you know, so it's going to take you a certain amount of leads.
leads to get it under contract, how much those leads cost you?
You know, you've just got to figure out the math and all of this.
And that's really going to give you an answer on how much you have to spend.
Right.
You know, to get like, let's just say to get one deal a month, maybe.
So it's all math.
No, that's totally.
It's no different than any other form of advertising that you would do.
Yeah.
I mean, the one cool thing about this, it's a little bit more.
the results in the measuring is a little bit more tangible and a little bit more, like, just you can see it because of how AdWords reports.
Yeah, right.
Absolutely.
Yeah.
And you know what you spend.
You know how many leads you get.
And you, I'm sure, I'm sure most people understand they have to have some kind of internal tracking system, CRM or something where they can actually know, you know, like, because, I mean,
you don't get all of these leads under contract in the first week, right?
I know you know that.
So.
Right.
So my question was, oh, it just left me.
Oh, so there's a lot to this.
I mean, this is essentially a business in and all of itself.
That's why you do what you do.
And I remember, I don't know, maybe it was nine, ten years ago I set out to, and I bought
some little information product.
course on how to set up AdWords and
went and set it all up myself and did it.
And I just freaked out because I was just watching click after click after click
and watching the money come out of my account.
And nobody would, I wasn't getting any leads.
I was just watching the clicks happen.
And then I've thought about all the different things that Google has gone through with,
you know, their SEO algorithms and stuff like that.
And now I've seen how like there's no more ads on the side of,
of the Google results.
They're all at the top or the bottom.
You know, what are some of the significant things that have changed for that you could share with people that think that they might have tried it once before, decided they didn't want to do it, maybe they want to revisit it now, or maybe they think they know it, but they just haven't done it recently or what are some of the big changes that, like today, then just say a year ago.
Well, you know, so, oh my gosh, so many things have changed.
That's kind of what I'm gathering.
And that's why I ask.
So if that's a big giant can of worms, then that's okay.
But I just didn't, I was wondering if there was something like significant that, you know, makes you can be like the deciding factor, the tipping point, whether you want to take this on yourself or whether you want to do it at all.
Yeah.
You know, or whether you just want to hire someone to do it for you because once you figure it out, it's definitely worth it.
So, you know, I want to acknowledge that, you know, I've got a bias.
I run a marketing agency that does a lot of PPC for real estate guys.
So, you know, I mean, I hope everybody understands that, right?
I'm speaking from a certain perspective here, okay?
But acknowledging that, I just want to tell you what I really think,
is that this is something that it needs to be done either after a great amount
of research and training if you're going to try to do it yourself or have someone on your team do it
or you just need to hire somebody to do it who spends their, whose full-time job it is to keep up
with this stuff because I'll just give you a little example.
And keep in mind, I mean, I'm a professional shop, you know, I mean, we do this stuff all day long
for lots of people.
And so here's something that just crept up on us in August.
And in fact, it's still going on to some extent.
But we've, you know, stomped it out for the most part.
So I don't want to kill people with a lot of technicalities on how Google AdWords works.
But I'll just say this.
For those keywords we talked about, those phrases that people type in, you can
you can bid on them in different ways.
And there's this one way called broad match or modified broad match, which is basically,
it means that different versions of the thing you're bidding on, your ad will get shown for it.
And so what was happening is that we use some of these broad match keywords in our campaigns
because they actually get a lot of traffic.
You know, you can't predict every single way somebody's going to phrase.
something, right? Can you give me an example? What's a broad match keyword? Um, yeah. So, so, uh,
cash for house, you know, and imagine all the different versions of that. So sell my house for cash.
Um, companies, um, I can sell my house for cash to. I mean, there's just a million, you know,
versions of it.
Got it.
And so basically, again, I'm really oversimplifying, but broad match means, you know,
a phrase that includes the work, these main keywords in it, right?
It doesn't have to be exact.
It's a broad match.
Yeah, it doesn't have to be exact.
They don't have to be in a certain order.
But what we found, starting in August, where, you know, we've been doing this a long time.
I mean, we monitor our keywords.
We monitor.
One thing we do, and anybody you ever hired for this, they ought to do this.
On about a weekly basis, you ought to go in and actually see what people search for that got them to click your ad.
And if you see some bad things in there, some things that are not appropriate.
Like somebody actually typed in, let's just say something about wanting to buy a house instead of sell one.
then you need to start to create what's called a negative keyword list and put all those, quote, buy keywords on your negative keyword list.
And when you put it on the negative keyword list, it basically tells Google, hey, don't show my ad whenever these keywords are part of somebody's search.
So it's basically, it's like black out my ads when somebody types any of these words.
And we do that for all of our campaigns regularly.
What we started seeing in August, though, Matt, was for these good old, you know, motivated seller broad match keywords that have done so well for so many years, very predictable and very dependable, all of a sudden some weird things started to happen.
And by weird, I mean, it was a bunch of different versions of people all of a sudden wanting to sell their boat for.
for cash, sell their car for cash, sell their old golf clubs for cash.
All these weird non-house-related searches started happening in a majority of the campaigns
we manage around the country.
And Google won't tell you anything.
I mean, you know, it's like a black box.
So I can just tell you that what we ended up concluding was that Google just changed their algorithm about these broad match keywords.
And they did it without telling anybody.
And what the effect was for somebody like you, Matt, anybody who was actually bidding on these so-called real estate keywords was all of a sudden you started getting people calling you wanting to sell their car or sell their golf clubs.
or all these things that, you know, you have absolutely no interest in.
And so what that means is, A, you got charged for a click that is completely useless to you, right?
And, and B, you know, all of a sudden now, your, you know, your campaign's not working as well as you, you're blowing through your budget.
You're getting fewer legitimate leads.
So your true cost per lead is going way up.
And I mean, it took us, it took us a couple weeks to really become aware that this was happening across most of our campaigns all across the country.
And then it took us another couple of weeks to fully stamp out all these weird little things that people were, you know, basically paying for that were utterly useless.
because so many of these weird little buy this and buy that kind of keywords that these real estate ads started to appear for.
And my point is you've got to watch this stuff because even, I mean, we have a very good system for setting up these ads and monitoring them and whatnot.
And it's still caught us by surprise.
And it took some serious effort to figure out what was going on and to stop it.
and basically stop the bleeding with the money, you know,
so that these accounts could actually get back to doing what they're supposed to do.
So this is just one little example about how Google will do something in the back end.
Even not anything as dramatic as taking away all the ads on the right-hand column, you know.
I mean, it's pretty dramatic too, but little things that you might not even notice.
And you're probably not surprised to hear that Google made this change.
in a way that benefited them, right?
Mm-hmm.
Because they don't get paid unless, they get paid by someone clicking these ads.
Right.
And so they have a vested interest in generating as many clicks as possible.
And so is it really a surprise they opened up their algorithm to create, to have your ads show more often for more things?
No, it's not a surprise.
because that makes it much more likely that more clicks will happen and they'll make more money.
So it's like advertiser, beware.
You have to be very careful when you're managing a campaign like this.
Things like that don't just slip out of control because I did the same thing you did 10 years ago.
When I was first managing my own campaigns, all of a sudden you look down and you spent three, four, five hundred, a thousand dollars or more.
in a single day and you haven't gotten a single lead or sale or whatever right oh my gosh you know
and i could even tell you horror stories about guys who've blown through tens of thousands of dollars
because they had a setting wrong in their google adwords account i mean just terrible things can happen
now if you've got somebody who is the ultimate do it yourselfer
who doesn't want to pay a company like mine to do it for them.
And I will say this, Google has free education about their system.
You can go and you can, they've even got courses on Google AdWords that you can take and you can sit through and learn a lot that way.
And, of course, you can buy books and everything.
But just be careful, be very careful as you do it.
Got it.
Got it.
If someone wanted, there was, because there's always one out there, the ultimate do-it-yourselfer.
Where would they go to find that free education?
I don't know.
You go to Google, of course, you know?
And just Google AdWords training and then go to Google's version of it because it's free.
I mean, there are other ones, you know, you can buy this thing.
But Google's is very good and it's free and it's, you know, you know, you just.
you really want to make sure you know it, then they've even got a way where you can take a little
test at the end where you've got to pass it.
It'll tell you how what you really understand it.
I'll put it that way.
Okay.
So Google it is the answer.
And then for those that are like me and I think this is probably for most of my audience that
have no interest in doing this yourself or doing this ourselves, if they wanted to get in
touch with you to discuss the possibility of you doing it for them. What would be the best way for
them to do that? Well, you can, you know, you can go to our website, Lightmark Media, L-I-G-H-T-M-A-R-K-M-E-D-I-A-A-com.
And right up top, you know, there's a, I think the very first thing that you see is this
thing to see if your market is available because, you know, this is the sort of thing where it's
it's hard to do a really good job for multiple people in the same market.
I mean, this is a tough question for a company like mine,
because not only is every market different,
like, you know, in Los Angeles, we have more than one client, for example, right?
That is a huge market.
What is it, like 14 million, I think, or something?
There's a lot here, yeah.
Yeah, so, so, you know, contrast that with,
with, you know, Asheville, North Carolina, which has a couple hundred thousand people.
This is essentially, you know, unlike direct mail, there is a finite number of searches,
a relevant, appropriate searches or searchers out there month after month after month.
And so basically, what we would figure out is, you know, whether someone's market was available
and then once we know that it is,
then we can do things like do some data analysis
and actually let somebody know like, hey, okay, in this market,
in Oklahoma City, we think PPC cost per lead
would be, you know, about $125.
And so you've got to basically plan on spending
about $2,500 before you're going to put something under contract.
Does that make sense for you?
Yes or no?
you know, but we can help once we know where someone's actual market is.
So, yeah, let's say go to the website.
That's the best way.
Cool.
And then the little orange button I just went there.
There's a little boring orange button says get a quote.
Yeah, that works too.
I think that one you just have to say, hey, I'm interested in PPC, you know, get back to me.
Okay.
Oh, you do a bunch of other things.
You do SEO, social media, content marketing, web design, web development, branding, marketing support.
You're the whole enchilada.
and I thought you were just a PPC guy.
How sweet?
We're the whole enchilada as long as you have a real estate or alternative investing or private capital kind of business.
Like if you're a plumber or an electrician or a dentist, you need to go somewhere else.
But if you're in real estate, we can help.
Okay.
Perfect.
Awesome, Scott.
Well, thank you so much for your time today.
Thanks for sharing your wisdom.
And I think you did a great job of demonstrating that you have a choice to make.
Do you want to be in the real estate business or do you want to be in the PPC business?
There's a lot involved in both, right?
Yeah, there is.
There is.
And, you know, I mean, I'm also happy to tell anybody, hey, here's what our fees are.
Factor that in, you know, can you afford to pay somebody like me and pay Google and still get a, you know, get something under contract in a way that works for you?
Right.
You know, so happy to have those conversations with anybody.
Cool. All righty. Well, thanks again, Scott. Go to lightmarkmedia.com, lightmarkmedia.com, just like it sounds. And on the home page, there's also a button right in the middle to see if your market is available. And so that could probably streamline the process a little bit for you. But if you have the chance, talk to Scott. He's really smart. And that's why I hired him for our business and talk to him, see if it makes sense for yours. All righty. So until next time, God bless to your success. I'm Matt Terrio.
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