Latest / Mortgage Marketing Radio / Ep#32: How to Automate Your Social Media Marketing
Transcript
- 0:00In today's highly competitive mortgage industry, building profitable relationships with
- 0:04real estate agents is essential for success.
- 0:06However, finding effective ways to secure agent relationships can be a challenge.
- 0:11With so many mortgage loan originators vying for the attention of real estate agents,
- 0:15it can be difficult to stand out and establish meaningful connections.
- 0:20Our new case study featuring loan officer Chris Cogill is a must-read.
- 0:25This has closed a remarkable 36 million in funded loans from agent referrals.
- 0:31And in this case study, he shares his proven strategies for building strong relationships
- 0:35with real estate agents and leveraging those relationships to drive more business.
- 0:39To get your hands on this resource, head over to LOKestudy.com and download your free copy
- 0:45of the case study today.
- 0:47You'll find actionable insights and practical tips that Chris used to close 36 million
- 0:52in funded loans from agent referrals and how you can, too.
- 0:56Don't miss out.
- 0:57Go check it out right now, visit LOKestudy.com and download your free copy today.
- 1:19Bye, the Mortgage Marketing Institute, your number one source for truth in mortgage marketing.
- 1:28Hey there, loyal listeners, Jeff Zimfer, welcome to another episode of Mortgage Marketing
- 1:42Radio.
- 1:43So glad you're here.
- 1:44Hey, just want to make a point that if you ever want to reach out to me, you can do so
- 1:49anytime over email.
- 1:51Right now the email to use is the following info at Mortgage Marketing Institute.com.
- 1:58Always open to hearing your thoughts, suggestions, input, questions you might have, featured guests
- 2:02you might want me to feature on the podcast, love to hear your feedback on that or feel
- 2:06free to just leave a comment here on the blog if you're listening to this on the blog.
- 2:10And if you're listening on your mobile device, hopefully you've subscribed by now to Mortgage
- 2:14Marketing Radio.
- 2:15You've subscribed obviously on iTunes or Stitcher for Android so you don't miss a single
- 2:20episode.
- 2:21And I do hope you're enjoying them.
- 2:22If you are, take a moment, leave a rating.
- 2:25If you wouldn't mind, that helps us come up in some of the search rankings and simply
- 2:28have a bigger broader reach and have a bigger impact in the mortgage industry, which is
- 2:31what we're trying to do, which leads me to today's guest, my friend colleague industry expert
- 2:39Jason Lutz, COO at Derivion Group.
- 2:44You may know of Derivion Group through a variety of their products, the most popular of which
- 2:49is rate alert that has been out there for quite a number of years and it's a fantastic
- 2:54app for receiving all the mortgage-backed security rate alert updates, how to properly and
- 3:00effectively inform your clients and partners about the mortgage interest rate market and
- 3:07to be ahead of the curve when it comes to locking, floating and just being an informed
- 3:13professional and conveying that information to your clients and referral partners.
- 3:19What you may not know about Jason Lutz and his team is they have a host of other products,
- 3:24apps and tools that are incredibly useful and beneficial to you in your business, which
- 3:28is why we invited Jason to talk to us today and share a little bit about two in particular.
- 3:33One is called buyer zap b-u-y-e-r-z-a-p-p, you can find it online at buyerzap.com.
- 3:40It's the only app with live alerts that drive realtors and buyers back to you every day.
- 3:45I've checked this out, it's professional, it's slick, it lives on people's phone, you
- 3:49can co-brand it and it is really cool because talk about staying top of mind with relevant,
- 3:57useful content to send to your partners and your clients, past, present, future,
- 4:04really, really sharp app. I encourage you to check that out. You can zap one person at a time
- 4:08or zap many customer alerts, groups, anything you want to do, you can zap them with the buyerzap.
- 4:15The other product we'll be talking about is the social, hello social bot.
- 4:23The other product that I want to tell you about, which you'll hear more about from Jason
- 4:27at just a moment, is social bot. The biggest frustration I hear from a lot of loan officers
- 4:32when it comes to social media is I don't know what to post, I don't know how often, I don't have
- 4:37time, my company won't let me. Well, hello social bot handles every single one of those excuses,
- 4:44reasons, objections, as to why you may not be as active on social media as you should be.
- 4:50We all know that's where people live today. If you want to be top of mind, you want to be engaged
- 4:56along the buyer journey, hello social bot can help you do that through auto posting of cool
- 5:01custom content across all your social media platforms. It's compliant, it's professionally
- 5:05written, it looks professional and they're doing a great job helping drive awareness and business
- 5:13back to loan officers. So I'm going to be very informative, grab your pen, grab your pencil,
- 5:17make notes. Hope you like today's episode. Again, if you do, leave me some comments,
- 5:22subscribe. Without further ado, let's take it over to Mr. Jason Lutz.
- 5:28Jason, welcome to the show. Thank you. Glad to be here.
- 5:31Well, we're glad to have you, you know, my whole intent and purpose in hosting this podcast really
- 5:37is to bring what I call truth and mortgage marketing to the lender world. And sometimes that includes
- 5:43featuring, you know, solution providers out there in the marketplace that are doing what I think
- 5:48look to be some really cool solutions, apps, platforms that help us, you know, grow our business
- 5:54become better marketers and things like that. But I also am a believer in, you know, separating
- 5:59the wheat from the chaff and bringing only bringing those things that I think, you know, can truly
- 6:03make a difference to somebody's business. So that's why I asked you to be here today. So great.
- 6:09Yeah. And so if you wouldn't mind, just for a moment, tell the listeners briefly about your
- 6:13company, what you guys do and, you know, what you do. Yeah, no, perfect. Yeah. Mom, again, my name's Jason
- 6:18Lutz. I'm a COO of Derivion Group, which I'm sure most of you haven't heard of. However, you've
- 6:25probably heard, you know, they've heard of like rate alerts. Rate alerts been around for a long
- 6:31time. And that's sort of our flagship product. Right. Jeff, it's an MBS alert service. It's been
- 6:37around seven years or so. It's the most widely used by far, mainly because it's the fastest.
- 6:43And if you have it, you know, for those of listening, check it out railer.com. It's a cool product.
- 6:49We also have another product called Byers app under the Derivion Group. And it's a loan
- 6:55officer news app. It actually sort of helped do the same type of thing that we're going to be
- 7:00talking about today, which is sort of being in front of people at the right time. And with Byers app,
- 7:05it's a loan officer's news app that you can give out to real estate agents and prospects.
- 7:11You can co-brand it. But the key thing that's different about that anything else is that it
- 7:16actually focuses on mortgage and real estate news, positive mortgage and real estate news. We sort
- 7:21of modeled it after like an ESPN app or, you know, Fox news, CNN news app where you're getting push
- 7:28notifications. You're, you know, in this little sort of group, whether it's politics or sports or
- 7:33whatever, that's your app that you go to and read the news. Well, Byers app is the app that people
- 7:37go to read mortgage and real estate news and it's branded as a loan officer. And by the way,
- 7:41it is a very sharp looking app. You reference DSPN. Of course, lots of money and, you know,
- 7:46very professional look behind that brand. And yours looks really equally professional. I have to say
- 7:52in the way that you guys populate kind of the news feed and you got nice, you know, visual elements
- 7:56to it. So it's not just completely text based. And the co-branding looks great as well. And that's
- 8:02a really interesting concept, right? Staying top of mind for news related items in real estate and
- 8:09mortgage, which deals with this bigger problem. You and I were talking about before we hit record,
- 8:13which is going to be the theme. I think of our overall conversation, which is, you know, how is
- 8:17mortgage professional? Do we stay top of mind before, during and even after the transaction? And I'm
- 8:23sure you see different engagement levels based on the stage. The client is at in that transaction.
- 8:30And feel free to kind of elaborate on any of that if you want.
- 8:33Well, yeah, I mean, you're hitting on it. And I think everyone listening, those, the key to
- 8:38marketing, anything, whether or not it's mortgages, real estate. I worked at GoDaddy for three and a
- 8:45half years. So that's why I learned a lot about internet marketing. Is being in front of the
- 8:50person at the magic moment, right? When they decide to purchase or refi or buy the car or whatever it
- 8:59is, you can have the greatest marketing ever. And if the person isn't of the mindset to do whatever
- 9:05it is you're trying to get them to do, it's a waste. Like a good example of this. I just,
- 9:11this happened me just a little bit ago where I was up. I purchased a car, right, Jeff? And I do it
- 9:18very quickly. I just go in by the car and I'm done because I'm an idiot. I hate the process.
- 9:26I know almost nothing about cars. Like I am the sale car salesman's like wet drink. Yeah,
- 9:33they like to see you coming. Yeah, I just, I get the process done and the humility over.
- 9:41So anyway, I bought a car and but after I bought the car for about six or seven weeks, I was getting
- 9:48calls after calls, cold calls, all these people try to sell me a car, right? They could have been
- 9:52the greatest cold color ever, but they weren't there at the magic moment when I was ready to buy
- 9:57the car. And so with buyers app, we want to be in front of the person at that magic moment. And
- 10:05there is, there's not a lot of better places to be than on someone's phone providing good quality
- 10:10content that genders credibility for the loan officer over time. So that also leads us into
- 10:17yellow social bot. I mean, you know, talk a little bit about that. That accomplishes the same
- 10:22thing, which is being in front of your prospects, in front of your real estate agents in a cool way,
- 10:30so that when they are ready to either buy or refinance or switch mortgage guys or gals,
- 10:37you'll be in front of them, reminding them over and over again that you know what you're doing
- 10:42and you're providing good quality content on the way. Yeah, that's definitely key. You know,
- 10:46right time, right place is what it's all about. So let's talk a little bit about social bot,
- 10:51then, which is, you know, essentially auto posting what you guys call cool custom content
- 10:58to the office social media. So that means posting the Facebook Twitter, Google Plus, LinkedIn,
- 11:04Pinterest, all the big usual spots. How does that process work? I guess my first question is
- 11:12the type of content and where it comes from. So we generate our own content. It's all self-made.
- 11:18And the content isn't like salesy. You know what I mean? Like, as a loan officer,
- 11:27you can only sort of say, hey, I'm a loan officer if you're ready to buy or refi on your guy,
- 11:33but you can only do that so many times on social media and you look like a complete jerk and it
- 11:37doesn't feel good. And no one wants to do that on social media. Mainly like, you might be okay
- 11:43with doing it with someone you don't know, you know what I mean? But once you're telling your
- 11:46friends and your family the same thing over and over again and real estate, they know your loan
- 11:50officer. It doesn't feel good to be salesy. So what we do with Ella's social bot is that we have
- 11:57writers that create content about what's going on in the mortgage and real estate market today.
- 12:04Sort of the direction of rates and why? What's the real estate trends? The kind of information
- 12:11that anyone that is, I don't know, in the mode of wanting to buy home or actually owns a home
- 12:18or is a real estate agent, they're all interested in the real estate market because that's the
- 12:22biggest asset. That's the kind of content that we create on a daily, weekly basis,
- 12:27tons of pieces to choose from. But the great thing from a loan officer's perspective
- 12:33is that it's all done for them. Like, you set the schedule once and then you're done,
- 12:39you don't have to post or search for or deal with any sort of social media marketing on your
- 12:46own on the business wisely, except for the follow up that occurs when people comment and share
- 12:51and like. Okay. And so the format, if you will, of this content, meaning text images and other
- 12:57types of content, what's the mix there? We have all kinds. So one key element. And by the way,
- 13:04any of you that are listening that are maybe thinking about jumping into social media
- 13:09marketing on your own, which I know everyone is perfectly capable of creating good content.
- 13:14Well, they already do, they're sharing cat videos. Yeah, that's right. Okay, well then good.
- 13:21That's obviously a joke. I mean, we need to get much better than that.
- 13:24No, it's, you know, but what we do and we think is sort of the uniqueness of our service is that
- 13:31I mean, cat videos is a good example, but then you take it to one other, which is a lot of people
- 13:36sit there and they'll say, okay, I'm going to start with the social media marketing and maybe they
- 13:40do some blog posts and then they post it to, you know, Facebook and LinkedIn and all the other.
- 13:45But then you get busy, right? And people will take a CNBC article or CNN article or something
- 13:51of that nature and then post that onto their social media. Do not do that ever. Why not? See,
- 13:59we're just talking a second ago. We want to hit someone at the magic moment when they are ready to
- 14:04buy or refinance or real estate agents ready to for a deal or financial planner, whatever. Well,
- 14:10God forbid, we actually hit them at the magic moment because all we did is send them to
- 14:16some other website that is chock full of ads on real estate and mortgages and all that,
- 14:21other kind of stuff because they've been surfing and that looking around,
- 14:24preliminary. And we've pushed them out of their world. So what we do with Ella's social bot is
- 14:32all the content as ours. So all of it is on their own branded page. So what they stay in your
- 14:38world while at the same time because the content is coming from you, it engenders credibility.
- 14:43There is no credibility at all that's engendered by posting a CNBC article, right? Anyone can do that.
- 14:48Yeah. So to clarify what you're saying is if you are sharing an article from the third party
- 14:52source and they click over to that, you're exposing them to all the various ads and distractions and
- 14:58maybe they'll go to lending to your rocket mortgage or something because that's now a very large
- 15:04in your case. What was the site you said the example? Like, I forget the name.
- 15:08Well, like CNBC, they have ads, right? Because they're based on the user's behavioral pattern.
- 15:15So they've been to, you know, lending tree, just to scope out rates, then that's the ad they're
- 15:21going to see. Yeah, I don't re-targeting can happen there and all that. But yeah, the big point
- 15:27there is, right? They've got so CNBC's got money. There's lots of ads there. So they're going to
- 15:31be advertising those related products. And you could, your point is you potentially could lose
- 15:37somebody on that buyer journey and get distracted by that other noise, right? For sure, for sure.
- 15:43I mean, you know, listen, I mean, we all get busy and you're like, listen, you know, there is
- 15:47one thing this true. You need to be in front of people regularly and you just want to, you know,
- 15:51give them a little touch. I mean, because Facebook, for example, is 20% of the internet traffic.
- 15:57So if you're not on Facebook in a meaningful way, you're missing out on a lot of places where you
- 16:03can have a lot of chances where you can, you can be in front of somebody so that you are there
- 16:08at the right time. Yeah. Yeah. Okay. So you mentioned set the schedule. What are the options on
- 16:14frequency, you know, of content being posted? Yeah, we have all kinds of content and you get to choose,
- 16:22like just like you said, the frequency. So we have a few pieces that go out every day. Now you
- 16:29don't have to post it every day. In fact, I strongly suggest you don't. And we have people in
- 16:34place that kind of help with best business practices and that kind of thing. But we have pieces
- 16:39that are geared towards Facebook, for example, because they're very skimable, skimable. They look
- 16:45great on the phone because they're picture oriented. They're just, they're fantastic. But then we
- 16:51have ones that are very meaty in-depth market analysis is what it's called. And that is great for
- 16:58maybe Facebook, if you have a lot of professionals like real estate agent friends, financial planners,
- 17:03that kind of thing. But certainly linked in because it gives similar information, I guess, is the
- 17:10in-depth because it's about stuff that's happening here and now, right? It's timely stuff. But it's,
- 17:17it has a little bit more meat on the bone. It gives historical perspective about what's going on.
- 17:21The kind of stuff that a financial planner, tax accountant, real estate agents really like because
- 17:27they can get a real good perspective on not only where we're at, but maybe how it's similar
- 17:33to how it's been in the past. So you can get kind of a beat on if it can happen in the future. So
- 17:39plus we have fun stuff too. You mentioned cat videos. We have what's called weekly interesting
- 17:45real estate news and home tips. And it's not quite cat videos because we want it to be industry-specific.
- 17:50But this stuff gets clicked. And here's another tip for anyone that's looking to do it on the
- 17:56realm because this is one of our better performing in terms of just clicks, right? And likes and shares.
- 18:02Which is that piece, which we talk about cool new technology for homes that's just coming out now.
- 18:09We post a lot actually of when celebrities sell their home or list their home because
- 18:15man, everyone clicks on that. They want to see what Gwen's Define House looks like or Tito
- 18:20Ortiz and Oscar Dello. They're just interested, right? You're curious on what their house looks like.
- 18:26That's a piece that while it gets traffic and that's good. And it maybe sort of reminds them
- 18:33the real estate because we only do real estate and mortgage-related stuff. But it kind of misses
- 18:38the market and gender and credibility, right? Because posting a listing house. That's where our
- 18:44in-depth market analysis, our weekly real estate news comes in, our daily market overview,
- 18:51and a bunch of other pieces that we have. Well, the point you're making is you need a mix
- 18:57of types of content. It can't just be all business, right? Because it's social media, right?
- 19:02So people are socializing in and you do want to have a certain percentage of your content that
- 19:07is shareable. Obviously, some of the real estate mortgage-related info, market info, that's
- 19:12definitely shareable for those people that share with their friends or whatnot. But yeah, to your
- 19:16point, the celebrity stuff and that kind of general news, if you will, it's interesting. Yeah,
- 19:24it does get more close because that's the world we live in today, right? It is. And that's the thing.
- 19:29I mean, something that you would post on Facebook, you would never post on LinkedIn. And the weekly
- 19:34interesting news stuff with listings and things like that, the celebrities, it's not something that's
- 19:40all that appropriate for LinkedIn. But where lots of cat videos live, it's fine. People really like it.
- 19:47So is it the idea then that if I go in there and I select the frequency or whatever,
- 19:53and I'm going to select the social profiles that I want it to post to, will it take, let's just say
- 19:59that one particular piece of content, and it'll reformat it for the appropriate social channel,
- 20:05right? So Twitter obviously has its own formatting. Yeah. So when it posts, it posts just like any other
- 20:12Facebook post or LinkedIn, and it looks right. And then when they click on it, right? And to read the
- 20:18article like you would any of the others that you've ever seen, it launches your own branded page
- 20:24where the actual article is, right? And you know, with your branding and your phone numbers and
- 20:31all that kind of stuff. Okay. And I can see I'm on a sample of that page and it has a contact form
- 20:36prominently displayed there on the page. Yeah. Well, yeah, we have a contact form. It's actually
- 20:41a good point. We have a contact form on our page. But this is the deal. And here's another sort of
- 20:46tip that when someone responds on Facebook or when someone goes to this seizure article,
- 20:53clicks on the article, looks at the article, they're not likely to reach out to you via the contact
- 20:59form because that's not their behavior. What they'll do though is they'll comment on it. They'll,
- 21:04you know, like or share it and all that within Facebook. One of the key things I think in that,
- 21:12frankly, it's done to go down all the time is that you want to when someone actually expresses
- 21:18interest in any way in an article, take the time to give them a call, take it offline because
- 21:26Facebook is sort of a means to an end. You don't want these conversations to totally live on Facebook
- 21:33because it's not likely you're going to get into the depth or even be able to truly honestly sell
- 21:38them on anything on Facebook. And many of us are friends with people on Facebook, you have three,
- 21:45four, five hundred friends, some of them have two thousand friends. You're not talking to two
- 21:49thousand people on any sort of regular basis. So use that opportunity just to kind of re-engage with
- 21:55that individual and ask them, you know, what their real estate and mortgage related needs are and
- 21:59that kind of thing. And also just get reacquainted with it. Yeah, absolutely. Okay. So let's address
- 22:05the white elephant in the room for those listening that are at companies where,
- 22:12hey, my company doesn't allow me to post on social media. First of all, I feel for you.
- 22:18What have you guys get around that? I know I'm sure you've seen some rogue warriors do their
- 22:22own thing, but what's your approach to help people with that? Yeah, it's a scary time for a lot
- 22:29of companies in terms of marketing and, you know, of any kind, right? And social media is especially
- 22:36sort of worrisome to some companies because they don't really have perspective and optics into
- 22:44a loan officers Facebook, LinkedIn or anything else. And so because of that, many companies just say
- 22:53forget it. You're not allowed to post anything business related on any sort of social media because
- 22:58we don't have a way to review, release, track, archive or any of it. So we would just prefer you stay
- 23:06away from it. And obviously for loan officers with those at those companies, it's a super drag
- 23:11because we all know the power of social media. We all know that that's where people's eyeballs are
- 23:16and it would be really nice that we could be in front of people on a regular basis where their
- 23:20eyeballs are, right? So what we've done is a very sort of unique to any product that I know in the
- 23:27sense that kind of for the first time a loan officer's wants are in sort of perfect alignment with
- 23:35the compliance his needs. So with the corporate edition of Losocial Live, it allows the company
- 23:42to review the content that we generate, right? Say, hey, this looks good and then release it.
- 23:49It is then archived so that they have it in the event that they're audited or anything like that
- 23:55and they don't have to go search around to every loan officer's social media outlet.
- 23:59And there's also a monitoring piece which to loan officers, it's a little scary, right?
- 24:08Because what the only way mortgage companies a lot of times will allow their loan officers to
- 24:15post on social media is if they're able to actually monitor their social media. Does that make sense?
- 24:21Yeah. Because they want to see when they post something, what they post it.
- 24:26With Losocial Bot, we can have it so that if any trigger term is to note it like APR or the mortgage
- 24:37companies name or anything else, only those things, by the way, on the loan officer's social media,
- 24:42it just flags the compliance officer so that they can review that as well.
- 24:47Giving that piece of mind that everything is copacetic on the social media marketing front
- 24:52for their loan officers. It completely solves all the compliance worries about social media
- 24:59and marketing on social media and loan officers marketing on social media while giving loan officers
- 25:06in my estimation, the best social media I use marketing loosely tool for them for their various
- 25:15social media outlets. Why do you use marketing loosely? Well, because I don't, marketing to me sounds
- 25:22like you're selling, like you're telling them, hey, we have a new ARM program or we have a new
- 25:30jumbo product or a new, you know, that to me is marketing and we're doing you're engaging.
- 25:39We're engaging. We're providing a tremendous amount of value for the loan officers to provide
- 25:46to their followers, their friends and their prospects on social media, right? And in that way,
- 25:55since they're providing such great value, they can now be in front of them more frequently.
- 26:01If you're going to market somebody and take a, I have a buddy, I went to, I went to high school with
- 26:09and he sells, he sells what's it called? Advocate care. Have you ever heard of Advocate care?
- 26:16Advocate, is the company Advocate care? Yeah, he sells like advocate products. It's like a,
- 26:22it's like a network marketing type company and they sell like protein shakes and all this
- 26:29other stuff, right? Nutrition supplements, yeah. Exactly. Well, he's an insurance salesman and he
- 26:35also sells this advocate stuff. And his method of marketing on Facebook is basically to take a
- 26:41picture of this product that they create, which is Spark. Spark is a, is sort of like Red Bull without
- 26:49the caffeine, I guess, which I don't know how that works, but it's supposed to be healthy. Healthy
- 26:53leg. Well, that's the whole point. So he takes a picture of it every morning and says, hey,
- 27:01you just started my day with Spark. It's great. Let me know if you want any type. Well,
- 27:05to me, that's sort of marketing, but it misses the boat because he took a picture of the product.
- 27:11He's telling me it's great, but there's no reason for me to believe that he knows anything more
- 27:15about nutrition, how the body absorbs chemicals, why this product is better than the thousand
- 27:21products in high health, right? There has been none of that. And for simply a blatant promo
- 27:30or ad, basically, it's it. And that doesn't work. Well, it certainly doesn't work long-term.
- 27:37You could do that every now and then. Well, people chew that out very quickly. When there's no
- 27:40value, there's no relevancy, no context attached to it. Exactly. And that's really what we're doing
- 27:47with with L.O. social bot. Clearly, there's no loan officer on the planet that's going to tell
- 27:52everyone each day, hey, I'm a loan officer. If you need to alone, give me a call. I mean,
- 27:57it would be horrendous. But with this, you can be in front of them a lot, reminding them that
- 28:04you're a loan officer, you're in real estate, you know what you're doing while at the same time
- 28:08providing value. So the question then on this, you've got the automated social posts and they're
- 28:14going to this, you know, destination page. I dare I call it a blog. Is the content, does it live
- 28:20on that, on that site, ongoing? So you have this kind of repository history of content?
- 28:24Yeah, that's a great question. The answer is right now, this second, while we're recording it,
- 28:31the answer is no. It's actually one page. It looks beautiful, but it is one page. And the rest of
- 28:38the articles obviously live on Facebook. But we're launching, just so happens next week.
- 28:44That's for a softball, huh? Yeah, I didn't even know. I didn't even know. I'm just trying to follow
- 28:53a flow here. Thank you for this. We're launching next week, where it is a blog format. It looks
- 29:02absolutely amazing. Truly, it does. And obviously, I'm on the CEO, so I'm sort of paced.
- 29:08You're a little biased there. A little biased, and I help create it, but it really is super slick.
- 29:13So now it really does. It is a blog. It has historical posts, and it will, you know, gain depth,
- 29:21so that the average time that someone spends on your page when it's generated from Facebook or
- 29:26LinkedIn or whatever will be far greater. So yeah, that's coming up this next week.
- 29:31Yeah, which is good, because it helps you also in positioning yourself as an authority,
- 29:34right? You've got that history of content. Yeah, good. Absolutely. Good point.
- 29:38All right, another quick question then. So I'm looking at the combining, and I'm sure you have
- 29:41clients who do this who combine different apps or, you know, products, tools that you have. For
- 29:47instance, we earlier talked about buyers app and catching people at the right time, right?
- 29:52In that framework of potentially buying a house or selling, I'm thinking here that a good
- 29:58marriage would be, and I'm only looking at two of your offerings right now, but combining
- 30:04social bot and somehow integrating buyers app. By the way, for listeners, by the way, that's
- 30:10B-U-Y-E-R-Z-A-P-P buyers app. Integrating those two. Do you guys do that?
- 30:18Well, we do. I mean, in fact, we have bundles where you can get RAID Alert,
- 30:21Buyer's app, L-O-Social bot. You can get them all three for just 500, well, 499, but
- 30:295, well, basically 500 bucks a year. And a lot of our members do that because they enter in,
- 30:36like, from L-O-Social bot, and we get the question, well, hey, I like the content, but can I email
- 30:41it out to people, you know what I mean? And we're like, well, yeah, we have a product for that. And so
- 30:47absolutely, you can get a bundle deal. The only thing I'll tell everyone that's listening is
- 30:52when you go in and you purchase, let's say, L-O-Social bot, just go through the normal checkout
- 30:58the way normally would. You're going to get a call from our customer service reps and just ask
- 31:03them about the bundle deal, and they'll tell you all about it, they'll tell you about the advantages
- 31:07of it, and then they'll get you all set up. Okay, so there's the opportunity to bundle.
- 31:11And you are offering your products to individual officers and the companies, right?
- 31:16Oh, absolutely. I mean, all of them, we have corporate deals. I mean, L-O-Social bot that we just
- 31:21talked about, that's certainly an enterprise deal, and it has a tremendous amount of value. In fact,
- 31:27our RAID Alert, we have an enterprise edition where you can actually have everything that RAID
- 31:34Alert has, right? All the MBS alerts, all the marketing, twice daily commentary, all this kind of
- 31:41stuff, which go to RAID Alert.com, check it out. But if you have a corporate account, we will
- 31:46completely wipe label it as your company. So it will completely look and feel in your URL of your
- 31:52company so that you have your own MBS alert service. Yeah. Well, that's all good stuff. And really,
- 31:59again, sharp looking products, definitely well built in. You guys made an investment in making these
- 32:04look professional, both of them. I mean, the only two were, I know you've got multiple, but the
- 32:08two were focused on with social bot and buyers app. They're really, really sharp. I want to kind of
- 32:13maybe close out by asking you a question I'm thinking about. How do I formulate this? Oftentimes,
- 32:20you know, I don't know if you've heard this said in the past. I used to hear this in the corporate
- 32:23world all the time. Like, you know, these marketing executives would say, where's the ROI in social media?
- 32:29I don't know if you've ever heard that. Of course. So I guess I'll leave it there. How would you
- 32:35answer that? Well, first of all, it's, it is often difficult to determine, to be quite honest.
- 32:44Meaning, well, just just this is the context. I was meaning, I know this specific loan came because
- 32:50I was present in social media, right? Yeah, that's what I mean. So it is sort of a rare set of
- 32:57circumstances that you are able to sort of, you know, determine whether it was an email,
- 33:06a phone call, a text message or whatever, determine the sole reason that's a real estate agent
- 33:12or a prospect or whoever picked up the phone and called you because it probably, if it's true
- 33:20marketing, wasn't any one thing. It was the consistent reminder that you are who you are and
- 33:26that you know what you're doing. Having said that, though, there's all sorts of testimonials on
- 33:31our website page about loan officers that have marketed on their own with Facebook. Like, they've
- 33:38done what we basically do, but they did it on their own and they absolutely love it. And then
- 33:42there are those people like, hey, I wish I could have marketed on Facebook, but I never found the
- 33:46time. Didn't know what the post, you know, whatever the reason was and they love it. So the ROI
- 33:53specific, though, is that we have loan officers that come to us. In fact, I sent out an email
- 33:59sort of a softball again. Yesterday requesting testimonials from loan officers that actually
- 34:06could specifically identify a deal that came from L.O. social law and we were flooded with them.
- 34:14So it's, but having said that, you know, they got all kinds of other deals that you just aren't
- 34:20able to pinpoint to one particular thing. No, that's a great answer. And I know it's not the
- 34:25easiest question to answer either, but it was a good answer. And I think, you know, the point you
- 34:30made is if you're not top of mind, if you're not, you know, in the agent world, they used to talk
- 34:35about, you know, no, there's no such thing as secret agents or successful real estate agents.
- 34:41And so if you're the, if you're the best kept secret in town, right, that's, that's no good. You've
- 34:45got to be well-known, right? It's the build, like, no-like interest factor and all those things.
- 34:50And social media today is one of the most effective ways you do that and do it at scale, too,
- 34:55which is, which is great and advantageous. And so you can't necessarily always measure that
- 34:59at scale because you're having, you're influencing is what you're doing and you're positioning
- 35:04and you're doing it repeatedly over time. So that, you know, those people that are ready to take
- 35:09an action will then bubble up and they'll private message you or they'll respond or, you know,
- 35:14on your post and, hey, I'm thinking about refining. I know that happens many, many times for people
- 35:19in social media. Well, absolutely. And this is the thing. We, first of all, our product is so
- 35:25affordable. It's less than a buck a day. That'd be number one. Yeah. That's called no-brainer.
- 35:31You get one deal. It pays for it for five years. I don't know. I mean, depending on where you are
- 35:37in the country, the second thing is sort of an interesting math sort of thing, which is the
- 35:44average loan officer, in fact, the average person, I should say, has 300 friends on Facebook. And
- 35:51I'll just use Facebook along with forget about the other social media because that's predominant
- 35:54where people market. About 10% of those people statistically speaking are going to move every year
- 36:01because now we're every 10 years people move, right? And so those are people who are ready to buy a
- 36:06house. So that's about 30 people a year. Now, most loan officers get almost nothing from Facebook
- 36:13or that they can even theoretically contribute to because they don't, they don't market that way.
- 36:18They post cat videos and pictures of their family and that kind of thing, right? And they just
- 36:21don't have that sort of mechanism to regularly post good quality content, stay in front of them.
- 36:27It is somewhat inconceivable that over a course of time that you are going to get a deal from it
- 36:35or two deals from it while at the same time elevating your status. So, I mean, the pride between
- 36:42the price point and the fact that there is zero effort associated with it and now you have a
- 36:47meaningful social media presence, it doesn't get a lot better. Yeah. And as we had kind of alluded to
- 36:53several times throughout this call is that that's how people are evaluating you today is online.
- 36:59What is your presence online? What type of content do you have? What level of engagement do you have
- 37:03with that content and responding to people, which is by the way just another quick tip when people
- 37:09like or make a comment, you got to respond back, right? Don't just leave them hanging. It's a conversation.
- 37:15Absolutely. Absolutely. And by the way, another tip, many people we talk to,
- 37:22loan officers say, yeah, you know what, though, I just want to post on my business page.
- 37:28And then you ask them how many people are following your business page and they have like 10.
- 37:33So, basically, it's, you know, with Ella's social bot, you can post on your business page,
- 37:37your personal page, both. I mean, we don't, we actually don't really don't care. But if you're going,
- 37:42if you have a ton of friends on your Facebook, on your personal page, then be engaging them.
- 37:48Don't put all the good stuff somewhere else, right? So, where, where no one is.
- 37:53Well, that's a great point. And, you know, you don't really separate the business from the
- 37:59quote friends online and social, particularly on on Facebook. The point being there, you can,
- 38:04you can post business related content on your personal page. So, along as like you gave that
- 38:11example about your friends on the nutritional supplements, if all you're doing is hitting people
- 38:14over the head with a pitch, a pitch, a pitch, you know, then that's going to really alienate your
- 38:20audience for sure. So, as long as relevant content and it's useful content, then, you know, hey,
- 38:26it's no problem. People, people like that. So, that's all good. Well, this is, this is really
- 38:32cool, man. I encourage listeners to check out your various solutions. And there's multiple sites
- 38:39we can give them. What are a couple that you want to give out to direct people to and or how to
- 38:44contact you? Well, absolutely. So, for sure, go to hellosocialbot.com, check it out. All of our
- 38:52products, by the way, it's a buck for 30 days. So, regardless of the plan you pick or whatever,
- 38:59you're only charged a dollar to see if it is what I say, and if it's not, cancel, right?
- 39:07Well, you get started for a buck for 30 days? Hey, you get to try any of them for a buck for 30
- 39:12days. Yeah. So, you get to get a full test drive tons of time and really see if it's, like you said,
- 39:19if you can envision an ROI, if you see the value in it over time, I mean, it's one thing for me to be
- 39:23kind of, you know, jibber jabber on a podcast and saying how great it is. But, you know, it's another
- 39:28thing to be able to create a good website that looks like. But once you get in it and start using it,
- 39:32is it working for you? And if the answer is yes, then you'll go past the 30 days and you'll
- 39:37continue on a membership, which most of our products, about 87% of the people that do, which is
- 39:42insanely high. But if you're like, hey, this isn't for me or whatever, you're out of buck. So,
- 39:49it's pretty low. Yeah. Yeah, that's awesome. That's great risk reversal. All right, so hellosocialbot.com
- 39:55is the main one. How about if anybody, let's say we've got a company listening, they want to
- 40:00talk to you about an enterprise plan. Oh, yeah, just contact me directly. Contact me at 480-409-1175.
- 40:13Or you can email me at LutzLUTZ at Derivion.com and that's D-E-R-I-V-I-A. Awesome. And more
- 40:26good things coming as you talked about for this year, just improving the overall product platform.
- 40:31So, that's exciting stuff. Definitely want to stay connected to that and let's update our listeners
- 40:36and our audience on the blog as you guys release new stuff. Absolutely. Thank you.
- 40:41You bet. Well, I hope listeners you've got a lot out of today's session. Go check out the resources
- 40:45over there. If you're not active and engaged in social, you pretty much aren't part of the conversation.
- 40:51And if you're not part of the conversation, you can't get any business. So definitely check out
- 40:56what socialbot and the other tools buyers have to offer. I thank you for listening here today.
- 41:02If you do like this episode, please leave us a rating on iTunes or Stitcher or subscribe if you
- 41:06haven't. And you know that I appreciate you. So thank you for listening this episode. We will
- 41:10see you on the next one. Bye for now. Thanks for listening to Mortgage Marketing Radio.
- 41:16One more truth in Mortgage Marketing. Get more free training and resources at Mortgage
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