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Real Estate – Play That Funky Music

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beatlesIsn’t it interesting how a person can hear a song and feel as though it were written just for them?  Nietzsche said, “Without music, life would be a mistake.” Last week I talked about real estate’s influence on  literature, and today I think we should consider how some of the most famous songs in the world were influenced by our often undervalued profession. Here’s my evidence (would I lie to you?):

Happiness is a Warm Gun (A Brokers Open in South Central)

I’m a Loser (An agent with a bobble-head Omarosa on his dash)

Lucy in the Sky With Diamonds (A Beverly Hills agent on nine cups of java)

Please, Please Me (Refrain of the Greek Chorus at a Listing Appointment)

Another One Bites the Dust (Refrain of the Greek Chorus when your buyer tells you he recently “invested” the down payment money)

Eight Days a Week (A slacker week for an agent.)

Thriller (A 4% commission that requires no sexual favors)

Brown Sugar (A sweet deal that turns to s__t.)

Dancing Queen (A West Hollywood agent at COE)

Straight Outta Compton (A house with bullet holes for air conditioning)

Bang Bang (Name of the HVAC company that services Compton)

Knockin On Heavens Door (A contingency offer…that’s 20% under asking)

Don’t Let Go (Refrain of the Greek Chorus when your hands are around the neck of the guy that’s fighting you for procuring cause)

You Shook Me All Night Long (Twilight Open near the San Andreas Fault)

Would I Lie To You (An extra credit question on the state real estate exam – the multiple choice selection is: a) Yes b) Why Not? c) Does a turd float? or c) All of the above, bozo)

Got To Give It Up (Advice to the seller chained to his basement bar screaming, “Noooo – not the brewskis!!!)

Ain’t Nothing Like the Real Thing Baby (Advice to the seller with the neon Elvis over his couch)

The Tracks of My Tears (The road from here to your last failed escrow)

Take All of Me (An agent’s plea while lying prostrate in front of a lender on day thirty of his vanishing deal)

Chattanooga Shoe Shine Boy (The agent who used to sit at the desk next to yours.)

Light My Fire (New Jersey alternative to selling at a loss)

Chain of Fools (Seven wasted agents in a Limbo line)

La Vida Loca –  (Uber-obvious, no?)

Why Try to Change Me Now? (Most popular rehab center for agents)

Money, That’s What I Want  –  The first five words an agent learns in real estate…and the last!

(For more fun,  read Real Estate’s Influence on Literature:  Real Estate and Literature – Imitation is Flattery on Agent Genius)

I wear several hats: My mink fedora real estate hat belongs to Sotheby’s International Realty on the world famous Sunset Strip. I’M not world famous, but I've garnered a few Top Producer credits along the way. I also wear a coonskin writer's cap with an arrow through it, having written a few novels and screenplays and scored a few awards there, too. (The arrow was from a tasteless critic.) My sequined turban is my thespian hat for my roles on stage, and in film and television, Dahling. You can check me out in all my infamy at LinkedIn, LAhomesite.com, SherlockOfHomes, IMDB or you can shoot arrows at my head via email. I can take it.

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24 Comments

24 Comments

  1. Missy Caulk

    September 18, 2009 at 12:38 pm

    Ha…funny how the titles can be so true.

  2. Gwen Banta

    September 18, 2009 at 1:08 pm

    Yeah, it’s just fun Friday humor, Missy. I’m the court jester who is there for the entertainment portion of the program. But I think it’s important to have a few laughs because we have been subject to stressful times in our very challenging profession.

  3. Joe Loomer

    September 18, 2009 at 5:49 pm

    Read this as I was heading out for my wife’s birthday! Now I’m in an even better mood!

    I would add:

    The Low Spark of High Heeled Boys (what you hear walking down the street while showing the USMC retired Gunney and his pastor wife the home of his dreams)

    Burning Down The House (what you feel like doing when the Seller rejects an offer and recommends a LIST PRICE INCREASE because you got an offer within the first two weeks)

    Escape (need I say more? The home’s a s__t hole, a dear friend referred you to list it, they think it’s the Taj Mahal)

    How Deep Is Your Love (your best friend listed their house with you, you bring an offer, they ask if you’ll reduce your commission)

    Navy Chief, Navy Pride

  4. Gwen Banta

    September 18, 2009 at 7:37 pm

    These are fantastic Joe. – you made my day. I have my own take on a few:

    The Low Spark of High Heeled Boys – West Hollywood agents fighting at a listing presentation (FYI: that’s our Castro section)

    Burning Down The House – Gwen Banta preparing food at a Brokers Open

    Escape – The gases emanating from the old man who won’t leave your open house

    How Deep is Your Love – I’m stymied here. We need to get Matt Stigliano in on this – it’s right up his rock n roll alley.

    Hello, Matt??? Hello, any of you other twisted Geniuses out there???

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Business Marketing

How ecommerce brands can increase sales, even on tiny purchases

(MARKETING) These tips and tricks are prime ways to boost the dollar amount spent at checkout and close more deals — even on the tiny purchases!

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online sales

There are many marketing techniques aimed at acquiring new customers. Makes sense, right? More customers, more money. But how do you increase sales with your existing customer base? The Average Order Value (AOV) = Total Revenue/# of Transactions. This number is important because it indicates how much each customer is buying. Here are some ways to increase your AOV:

First, it’s crucial to appeal to human nature. People like things for free. So, by setting a minimum to receive free delivery, buyers are more likely to continue browsing and eventually buying, in order to avoid the shipping fee. While we all know that spending $50 when I only meant to spend $37 isn’t ideal, but I’d rather pay $50 for two products, than $43 for one and shipping. It feels like a better value.

Over half of customers will discontinue their transaction when they found out there are additional costs. MORE THAN HALF. Don’t surprise people the wrong way — we don’t like it.

Second, have you ever been to Costco? Ever left Costco with exactly the amount of food you needed? No, of course, you haven’t. The concept of buying in bulk appeals to our sense of value. Oranges are $1.09 per pound but buy a 10 lb. bag and get it for $8.50. Next thing you know, you’re feeding your child’s soccer team as well as the opponents. Offering a discount on package deals and large quantities at least gets your customers thinking about purchasing more.

We all rationalize the need for a good deal. My roommate used to buy two 12-packs of the giant muffins because “They were on sale.” A discount on a package might entice someone who was looking for a little more variety but was hesitant at first.

Next, recommending products is a great way for customers to lay eyes on new things. Not everyone is a browser — some people go straight to a specific section. By using information from previous purchases and browsing history, showing related, best-selling, or recommended products is an awesome way to generate more clicks and potentially increase sales.

Finally, help us lazy people by including a gift-wrapping option at checkout so that people buying remotely for others out of town can send things directly. In order to wrap, they would have to send to themselves, wrap, then send again or deliver to the receiver. The former sounds like it’s worth $6.99 to me!

In conclusion, there are always ways to boost sales with your existing, loyal, customers. If buyers are only purchasing one thing at a time, reflect on why this is. Perhaps a few sweeteners or additional opportunities could lead to long-term growth. Remember human nature and happy selling!

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Business Marketing

Branded content coming to a theater near you?

(MARKETING) A solid attempt to find a new vein for branded content, this silver screen antic seems short lived.

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branded content movies

When firing up your laptop to watch branded content have you ever thought, “Man, I wish I could watch this short video on the big screen. I’d pay good money to see this in the theater!”?

Probably not, which is why Marriott’s narrowly distributed lifestyle series Storybooked should be a cautionary tale to other content creators. (It won’t be, but we tried.)

Marriott disrupted the branded content model by screening the entirety of Storybooked in theaters. Yep, you could’ve dropped around $20 to watch an extended branding experience in theaters and if you missed it, it airs on A&E. It also lives on their branded lifestyle blog Marriott Traveler and of course, YouTube.

Created by Marriott Content Studios, Storybooked is a series of short films aiming to “share with consumers around the world the benefits of loyalty to Marriott through the experiences and stories of real members.”

The members featured are international artists and musicians on personal journeys. Each episode is almost formulaic in nature – the artist offers a profound statement about their work or journey, then comes footage of a train, followed by footage of the artist touching buildings, sitting in doorways and enjoying local culture. Sometimes they return to the Marriott, sometimes they don’t.

I watched many of these (from the comfort of my couch) and I’m in no hurry to book Marriott any time soon. I get it, companies are trying to attract a younger and hipper demographic and they think branded content is the way to earn loyalty, but these are lukewarm advertorials at best. They lack the sincerity of originality and authenticity that appeals to a younger demographic. I didn’t even feel compelled to look up these artists’ work to explore more. I didn’t feel compelled to do anything.

If anyone, they might appeal to already loyal Marriott fans, but I’m having a hard time imagining even the most rabid fan forking over the price of theater admission to watch these.

There are brands have been able to successfully dip their toes into more narrative-based ads. Both Kate Spade and H&M have previously created episodic series and short films to promote their lines and they’ve worked largely because even though they’re ads, their creativity and whimsy prevail. I wouldn’t rush to see them in the theaters, but I’d happily surrender a few minutes of screen time to watch.

Will this trend continue? Will other brands seek the same kind of distribution model for branded content? Think of it this way, when’s the last time you found yourself in a crowded movie theater?

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Business Marketing

Ten podcasts that every business owner should hear

(MARKETING) If you’re a business and want to learn something, give one of (or all of) these ten podcasts a listen.

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headphones listen podcasts

So many choices, so little time

As podcasts grow more and more popular, it has become increasingly difficult to sort through the sea of excellent options out there.

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From interviews with business leaders to industry specific advice from experts, podcasts are an incredible free and convenient way to get a small dose of inspiration and knowledge.

Business podcasts for your listening enojoyment

This short list offers just a taste of the myriad of business podcasts available. Whether you’re an aspiring entrepreneur looking for some tips on breaking into a new industry or a seasoned vet hoping to get some new inspiration, we hope you’ll find something here worth listening to.

How I Built This, hosted by Guy Raz.

Podcast fans will recognize Guy Raz’s name (and voice) from TED Radio Hour. While that show can be a great source of inspiration for businesses, one of the most consistently inspiring shows is his new project that shares stories and insight from some of the biggest business leaders in the world. In just four months, Guy has talked to everyone from Richard Branson and Mark Cuban to L.A. Reid and Suroosh Alvi. While there are plenty of excellent interview-driven shows with entrepreneurs, if you want to hear about the world’s best known companies, this is your best bet.

The Art of Charm, hosted by Jordan and AJ Harbinger.

The Art of Charm is a business podcast by definition, but the advice it provides will definitely help you in other parts of your day-to-day life as well. With over three million listens a month, the incredibly populat show provides advice, strategies and insight into how to network effectively and advance your career and personal life.

StartUp, hosted by Alex Blumberg and Lisa Chow.

If you’re an entrepreneur, there is no excuse not to be listening to StartUp, the award-winning business podcast from Gimlet Media. The show’s talented hosts come from incredible radio shows like Planet Money and This American Life and bring a top-notch level of storytelling to the show, which provides behind the scenes looks at what it is actually like to start a company. Now on the fourth season, StartUp is one of those business podcasts that even people not interested in business will get a kick out of.

The Whole Whale Podcast, hosted by George Weiner.

One of the best things about podcasts is the wide variety of niche shows available that go in-depth into fascinating topics. One of those shows is the Whole Whale Podcast, which shares stories about data and technology in the non-profit sector. You’ll get detailed analysis, expert knowledge and can hear from a long list of social impact leaders from Greenpeace, Change.org, Kiva, Teach For America and more.

Social Pros Podcast, hosted by Jay Baer and Adam Brown.

Navigating the surplus of social media guides online can be a nightmare, so look no further thna Social Pros. Recent episodes talk about reaching college students on social media, the rise of messaging apps, and making better video content for Facebook. Plus, there are great case-studies with companies doing social right, like Kellogg’s, Coca Cola and Lenscrafters.

Entrepreneur on Fire, hosted by John Lee Dumas.

One of the original entrepreneurship shows, Entrepreneur on Fire has logged over 1,500 episodes with successful business leaders sharing tips, lessons and advice learned from their worst entrepreneurial moments. Sometimes humorous, sometimes heartbreaking, always inspiring, this show is sure to have at least one interview with someone you can learn from.

The $100 MBA, hosted by Omar Zenhom.

Think of The $100 MBA as a full-fledged business program in snack-sized portions. The daily ten minute business lessons are based on real world applications and cover everything from marketing to techology and more. Cue this show up on your commute to or from work and watch your knowledge grow.

This Week in Startups, hosted by Jason Calacanis.

This is your audio version of TechCrunch, Gizmodo or dare we say The American Genius. Each week, a guest entrepreneur joins the show to talk about what is happening in tech right now. You’ll get news about companies with buzz, updates on big tech news and even some insider gossip.

The Side Hustle Show, hosted by Nick Loper.

This is the show if you want answers for the big question so many entrepreneurs face. How do I turn my part-time hustle into a real job? Featuring topics such as passive income ideas, niche sites, and self-publishing, host Nick Loper is upfront and honest about the tough world of side hustles. The show features actionable tips and an engaging energy, and may just be that final push you need to grow your gig.

Back To Work, hosted by Merlin Mann and Dan Benjamin.
Focused on the basics that you don’t think about, Back To Work looks deep into our working lives by analyzing things like workflow, email habits and personal motivation. Somewhere between self-help and business advice, Back To Work takes on a new topic relating to productivity each week.

#LearnSomething

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