Newspapers remain (somewhat) dead

by Jim Duncan on June 9, 2007

I have written about the ineffectiveness of print media time and time and time and time again.

Roberta wrote a nice post today about newspapers’ similarities to dead horses. Perhaps my favorite line:

I also agree with John’s premise that newspaper advertising is more about promotion of the real estate agent than bringing qualified buyers to see the home. Imagine the absurdity of telling a home seller, “I am going to advertise your home in our local newspaper with a grainy photo and five column lines of type.”

The story is particularly serendipitous, as next week I will be advertising in the local print media for the first time in well over a year, at the behest of a client and out of my own curiosity, to find out a simple question does it work? I’ll use a special email address to track the email leads as well as track the phone call I receive because of the ad, and, naturally, report the results here.

More than 80% of home buyers are using the web; it is far more efficient, cost effective and trackable to use internet marketing. Should one use print media, which is none of the above, to maybe reach that remaining ~20%?

And, my favorite comment from the 3Oceans article she referenced:

It’s sad to think that the second largest group of persons needing to read this won’t see it. Of the largest group – sellers – many will see it because savvy real estate agents like you, Kevin and other web 2.0 agents will show it to them.

The second largest group – traditional real estate.

Technorati Tags: , , ,

[Post to Twitter] Tweet This Post  [Post to StumbleUpon] Stumble This Post 

If you're new here, you may want to subscribe to my RSS feed or sign up for Email Alerts. This blog tracks the real estate market in the Charlottesville, Virginia region, local politics, technology and other matters impacting the local real estate market. Thanks for visiting!

{ 2 trackbacks }

RE Agent in CT » The Feed Bag
June 9, 2007 at 18:35
Will Sellers Believe Us Now? | Real Central VA
July 31, 2008 at 11:32

{ 2 comments }

Gerry Davidson June 11, 2007 at 08:29

Follow this link for visual back up to your very pertinent post about the ineffectiveness of print advertising:

http://www.msnbc.msn.com/id/17419562/displaymode/1107/s/2/framenumber/14/

Jim Duncan June 11, 2007 at 08:33

Outstanding. Thanks for the link.

Comments on this entry are closed.