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  Advertising & Networking , Offline Marketing for Your Vacation Home: Does it Work?  
 
     
Offline Marketing for Your Vacation Home: Does it Work?

Tips for marketing your vacation rental off-line
 

Without fail, at almost every seminar, an owner will ask the question: “Besides advertising my vacation home on the Internet, which types of marketing are effective?” The answer isn't cut-and-dry. Different types of marketing work for different owners in different markets. However, the one universal truth: No form of offline marketing (besides word-of-mouth) will ever be as cost-effective for a single vacation rental homeowner as the Internet. With the Internet, interested renters are coming to you. Offline you're sending out messaging to reader, viewers, or listeners that may or may not be planning a vacation, traveling to your destination, etc. It's like throwing a dart at the dart board in the dark. You might hit the bull's-eye—but it's not likely.

That's not to say that you can't find success in off-line advertising. Just be sure to think of it as a supplement to your online advertising efforts—not a replacement.

Traditional Print Advertising
Traditional print advertising in newspaper and magazines tends to be expensive and produces very few leads for most owners. For example, a 12 word classified ad in Southern Living costs around $325.

Traditional advertising is not typically cost-effective for vacation rentals

To cost-effectively advertise, you've got to determine who your target renter is and figure out a way to speak to them directly. This is why niche magazines (and websites) work well for some owners. Own a condo on a golf course? Consider advertising in one of the many golf magazines. Other niche markets include: fly fishing, antiquing, hunting, hiking, and surfing. The call-to-action in your ads should be for the renter to either call you or visit your personal website (or listing) for more information.

Here's an example of a 12-word classified ad for the fictional magazine, Antiquing Today.

“3BR Luxury Home in Stockwell's antique district. Call 555-5123 or visit HomeAway.com/199999.”

TV/Radio
Prohibitively expensive for most vacation property owners with little return on investment. Cost per 30-second radio spot can range from $12 to $100 depending on the size of the market and time of day. That may not sound too bad. However, keep in mind that you seldom can buy just one spot—they typically are sold in packages.

30-second local television ads cost at minimum $5 per 1000 viewers, not including production costs (which start around $1000).

“Guerilla” Marketing Tactics
Many owners that we've talked to have experienced some success with some of the following “guerilla” marketing and advertising:

Flyers and door hangers. Inexpensive to print, but take a lot of (literal) leg work to distribute. You'll likely have to handout/hang up 1000s of flyers to produce one booking. If your kids are looking for a little spending money, consider paying them to post flyers in key neighborhoods, golf courses, restaurants, and health clubs. Avoid copy centers like Kinko's for color-copies. Instead try online printing vendors like ClubFlyers.com for low-cost, high-quality flyers or door hangers in bulk quantities (5000 3.5 x 8.5 in. door hangers will cost about $400).

Business cards. Low-cost and worth their weight in word-of-mouth bookings.

Car Decal Stickers. Not the prettiest form of advertising, but can be effective.

Brochures: Leave them in Chambers, business centers, etc.

The key to success with any kind of advertising is creating a clear and compelling call-to-action. You not only want the person seeing (or hearing) your advertising, you want them to at the very least seek more information. That's why it's important that you not only include a phone number in your ad, but also include a web address to either your personal website or your listing on a reputable portal site (like HomeAway or VRBO).

Commentary from Christine: I've spoken with thousands of owners and almost everyone who's done offline marketing has come to the same conclusion: it doesn't work. Instead of squandering your dollars on radio spots and print ads, consider adding more photos on VRBO, running a Special Offer on HomeAway, or adding your property to another listing site. From my experience, you're going to get more bang for your buck from the Internet than you'll ever get offline. And no, I'm not just saying that because I work for HomeAway, Inc.....

"We have a home on Martha's Vineyard that we rent by the week during the "high season." Most of our inquiries, and rentals, do come from the internet but we've found a few other reliable sources. I always put a flyer on the bulletin board of my pediatrician's office - and, at no cost, we've gotten a few rentals from that. Since we live in a large apartment building in Manhattan, we also use the bulletin boards in our building and ask friends to stick them up in their buildings or office coffee rooms." Kathy, West Tisbury, MA (HomeAway #105691)

"I have found that news paper advertising in the "vacation rental" section is a total waste. The best thing I have done is list with VRBO and place a sign on the front of my property. Often neighbors will have need of overflow housing when family comes to visit. If you don't have a sign they don't know your home is available. Also, people who find your neighborhood interesting can simply call your number or go to the website listed on your sign." -Nancy, Indio, CA (VRBO #66269


Related Tips header

 

Creating a Top-Notch Marketing Plan for Your Vacation Rental  
Pointers for attracting more travelers, getting your financials in order, and determining your personal keys to success.

 

How to Encourage Repeat Renters  Having a past renter come back to your vacation rental property makes good business sense.

 

How to Make the Most of Your Marketing Budget  5 ways to analyze your current advertising spending to get the most for your marketing dollars.

 

Guidelines for Charging Pet Fees  If you choose to accept pets in your vacation rental, here's a guideline for pet fees.

© Copyright, HomeAway, Inc. 2007, U.081106.KD