03.12.2016 Views

Z_Definitive_Guide_to_Running_a_Successful_REIA_Meeting_Reduced_size

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

RUNNING A SUCCESSFUL <strong>REIA</strong> MEETING<br />

advertise your <strong>REIA</strong> group and increase the attendance of an event.<br />

You can essentially ride the coat tails of your speaker's own<br />

personal marketing. It's effective, and it works.<br />

One of the things we have also done with groups is <strong>to</strong> agree <strong>to</strong> split<br />

the cost of a direct mail campaign. Most speakers already have a<br />

mail piece or post card designed and should agree <strong>to</strong> split the cost of<br />

doing a direct mail campaign <strong>to</strong> get more attendees <strong>to</strong> the meeting.<br />

You can mail <strong>to</strong> your list and the speaker’s list of those that are<br />

close by. This is also a great way <strong>to</strong> increase attendance.<br />

Profits For All<br />

While education and gaining new members are important<br />

considerations, money is (and should be) one of the biggest<br />

concerns of many groups. Just like any other organization, a <strong>REIA</strong><br />

group needs <strong>to</strong> make enough money <strong>to</strong> support itself. Most groups<br />

will do this in a number of ways, such as membership fees, selling<br />

tickets <strong>to</strong> events, and offering a range of products for sale.<br />

The most obvious financial benefit <strong>to</strong> booking a speaker is<br />

attendance. A popular speaker, assuming he has a desirable <strong>to</strong>pic<br />

and effective marketing materials (more on that in a minute), will<br />

fill seats and sell tickets. With the right speaker, a rather small group<br />

can see a surprisingly large attendance list and will be able <strong>to</strong> make<br />

a very nice profit by selling tickets <strong>to</strong> the event.<br />

I remember a while back, there was a <strong>REIA</strong> that was just getting<br />

their feet wet. Two gentlemen bought an existing <strong>REIA</strong> from<br />

another owner who could never seem <strong>to</strong> get more than about 50<br />

people <strong>to</strong> a meeting. These two new owners brought in a national<br />

speaker that had quite an extensive marketing plan, and they worked<br />

<strong>to</strong>gether <strong>to</strong> implement it over the course of about 30 days. When the<br />

speaker came <strong>to</strong> the freshly owned <strong>REIA</strong> for their first meeting,<br />

there were almost 300 people in the room. This was before I started<br />

speaking, and I remember sitting there in awe, wondering how they<br />

34

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!