In this day and age it is basically a given that you want to be on the internet.
After the initial internet businesses of the early 2000’s, people have been reluctant to say the least with regard to investing time and money into any internet strategy. Free email like Gmail and Online fax services like eFax and ringcentral are two of the only business models to survive in into the new generation.
All of these new strategies have given so much power back to the individual. One person can bring down an entire organization by posting a less than positive review about a company. Funny thing is, most people trust a Joe Shmoe review over a multi-million dollar public relations campaign. Who can blame them with the amount of fraud and deceit that is perpetrated by large corporations each year.
Just what is Web 2.0?
For most people, Web 2.0 is a vast unknown with many questions and few answers. Let’s see if we can clear some of this up for you. In general it is a broad concept that covers the new user content driven websites we see like Twitter, Facebook and Myspace.
What this signifies is we now have the power to communicate with 1000’s of investors faster than ever before. Content can be passed along throughout the Internet with an ease of publication that has never before been seen. Investors can make a few clicks and all of the content from one author is published on your site each day without any extra time invested. Copy and paste a couple of lines of computer code and you now have YouTube videos running on your site instead of on YouTube.com.
Many, many strategies and sites fit the Web 2.0 description but the basic necessities are creating a personal blog and having profiles on the various social networks like MySpace, Facebook and Real-Estate-Investing.com. You can also do social bookmarking, article writing like the one you are reading now, download mobile phone applications and so much more.
So what does this have to do with Real Estate Investing? Well, one obvious tactic is the sheer number of people you can now get your message across to. Whether you are buying or selling properties, marketing a product or just establishing yourself as an authority, the various Web 2.0 strategies will help create exposure for you and your business. I think you will be surprised at just how many people identify with you and start to follow your flow of information.
You want to establish yourself as an authority or expert in your particular niche of the investing world. The more exposure you can get for yourself and your business, the more opportunities will flow your direction. Web 2.0 levels the playing field so you now once again have a chance to be the first in the mind of your potential sellers. The trick is you have to figure out where they are and what they are doing online. Then put your marketing information dead in their tracks. By building a reputation ahead of time people can Google your trust factor before they trust you with their most valued possession.
Maybe you are thinking, “Great, something more to spend money on.” Hang on, that’s the best part of Web 2.0, the majority of it is free. It will take you a few hours every week to make your posts and whatnot but there is very little to no out of pocket expense. A small price to pay for an equal voice in the real estate investing world.
The better you get at producing fresh content, the less time you will have to invest to get the same effect. The nice thing about the internet is after you create the data it’s out there and you will reap rewards for many years to come.
The last real estate downturn has left people searching for answers and a new plan of action in their investment businesses. While the Web 2.0 strategies might not be cut and dry, Web 2.0 is definitely the direction investors are now headed.
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