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By Brian Langhorst

I have heard many times over that print is dead, but this is false information! Whoever is saying this does not know the audience for luxury homes and their habits. Yes, people look to the Internet for information and, according to a National Association of REALTORS® survey, over 80% of home seekers are starting their search online for real estate.

The main question we should think about is how do they know where to look for real estate online? The answer is print!
It certainly doesn't look like print is dead at this mailbox. Photo copyright of joebeone on Flickr.

I had a very interesting conversation yesterday with Victor Lund, co-Founder of the WAV Group. He said that the typical consumer segment of the luxury property market still looks through newspapers, magazines, and other print media for news and information. Customers need guidance and print provides this guidance to learn more about real-estate opportunities on the Internet. With a proper call to action this high-net-worth audience will be driven to your website through your print advertising campaign.

I look forward to your replies. Let me know how we can help you create targeted print ads to drive more traffic to your website.


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. Victor Lund was so kind and helpful when he came to the Luxury Real Estate headquarters here in Seattle. He had a lot to share about our Web site, which is the most-viewed luxury real estate site in the world, and many other topics like the one Brian just discussed. It’s always nice to meet nice geniuses and well-grounded visionaries. The photo above is from www.flickr.com/photos/joebeone/2528716096 and it is the copyright of joebeone.

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Comments

  1. Aaron Rose 1 day later:
    Brian, I agree on many levels especially in the high-end marketplace where consumers are still seeking print advertising. (Often times it is the seller pushing the agent to use print advertising) We encourage all of our clients that use print advertising to show their website to the presentation we create for them, thus using print to drive traffic to their tour personal website. Obviously the web will give the end user even more interactivity. Please see our web presentation: http://www.floorplaninc.com/1890 Cheers, Aaron
  2. Brian, Good article and I also do agree that print is still king for a certain demographic...and often is is the wealthier clientele from what I have seen. More and more people are Internet Savy, but I think print is still here for several years to come...it is only going to change. In the luxury market here in Montecito and Santa Barbara CA, I would guess that half the market still uses print almost exclusively to obtain their information. Blog: www.SantaBarbaraRealEstateVoice.com Kevin Schmidtchen
  3. Nick Antonicello 3 days later:
    The savvy agent who understands the demographics of luxury real estate knows the best marketing plan is a mix of mediums! Make no mistake that a huge migration to the Internet has taken place, but luxury consumers are avid readers and multiple subscribers of print publications and magazines as well! At this price point, a campaign that merchandises and brands you in print to take action online as well makes sense. We have found out that roughly 50% of all luxury consumers depend upon magazines both consumer and private label for information on luxury homes. The question is not whether or not to use print, the question is how does one merge and co-brand in various mediums to retain their share of listings, sales and referrals in a correcting market condition.
  4. Janice Ridge 3 days later:
    Brian and Aaron, you are both right on the money! I could go on about the argument for print vs. the web for marketing sake, but here's the thing....there is never going to be anything like seeing something in PRINT. Think about it: If people stopped printing, Canon, Kodak, Xerox, Doubleday, J. Wiley & Sons, Random House, Harper Collings, etc., not to mention Stephen King, John Grisham, J.K.Rowling, Nora Roberts, and all the other New York Times Best selling authors, and all the other print-related companies and services would ALL go out of business. There is nothing like the look of a heavy piece of Mohawk Color Copy Gloss 96 paper with a beautiful photo, or the feel of turning a page of weighted coated paper in a hardbound book, or the luxurious feel of a high-quality, glossy magazine. At some point, print just FEELS better than the web! That tactile and tangible feel of print is why print will NEVER go out of style.
  5. Bernhard Eugster 5 days later:
    Good article Brian. I do agree, Print advertising drives Web traffic - but it's not enough, just to put a general information in a magazin, newspaper or whatever, like: "Luxury Homes for Sale in..., please visit our website http://...". To put specific content in print mediums drives you to more Web traffic. Mix the mediums - for each demographic NEW!
  6. Chris Brown over 3 years later:
    Hi guys - thought you might like to know about Aspire Property Magazine which is run by Aspire Estate Agents SW London.... we publish a quarterly catalogue of our luxury properties which go to the property buyers registered at our nine London offices and advertising is available therein... details from aspire [at] sksassociates.co.uk. Thanks!

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