• 162 - "I Built My Entire Business on Nearbound Principles" - with Tim Chermak

  • May 14 2024
  • Length: 56 mins
  • Podcast

162 - "I Built My Entire Business on Nearbound Principles" - with Tim Chermak  By  cover art

162 - "I Built My Entire Business on Nearbound Principles" - with Tim Chermak

  • Summary

  • Tim Cermak discusses the evolution of marketing strategies, stressing the importance of authentic content to build trust and brand recognition. Tim explains "fuzzy ROI" and the challenges of measuring digital marketing effectiveness. The conversation covers the shift from traditional marketing to community-focused approaches, emphasizing partnerships with local businesses and the value of elevating community voices. Tim's success story from a recent event, where client testimonials significantly boosted sales, illustrates the power of Nearbound marketing and the need for genuine endorsements.

    Key Takeaways:

    • Tim Cermak's expertise in Nearbound marketing for the real estate industry
    • Challenges realtors face in marketing and the importance of building trust with clients
    • Shift towards Nearbound marketing and its importance in standing out in a competitive market
    • Importance of authentic and organic content in building trust and brand recognition
    • Evolution of marketing tactics and the need for adaptation in the changing digital environment
    • Emphasis on community-focused approach and partnership with local businesses
    • Success of Nearbound marketing strategy in driving sales and recurring revenue
    • Impact of leveraging customer testimonials and endorsements in marketing efforts
    • Importance of genuine endorsements and trust in building authentic recommendations
    • Lessons learned and the importance of groundwork, trust, and social proof in marketing strategies


    Chapters:

    00:00:00 Introduction

    00:02:54 Nearbound Marketing Principles

    00:04:42 Alignment with Nearbound Marketing

    00:05:04 Challenges in Realtor Marketing

    00:13:38 Long Buying Cycle in Real Estate

    00:16:57 Selfie Strategy and Organic Posts

    00:17:52 Category Marketing and Community Expertise

    00:18:42 Partner Marketing and Building Relationships

    00:27:21 Impact of Cheap CPMS on Marketing

    00:30:45 Challenges in Tracking Marketing Attribution

    00:32:19 Importance of Logical Marketing

    00:33:26 The guide to rethinking higher education

    00:34:18 Email copywriting and human touch

    00:39:13 Understanding ad effectiveness

    00:41:05 Engagement metrics and trust-building

    00:44:02 Sponsorship and trust-building

    00:49:52 The impact of customer marketing

    00:52:13 Recognizing the power of Nearbound marketing

    00:52:55 Lessons from successful marketing

    00:55:12 Personal revelation about Nearbound marketing

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