Thursday, March 22, 2007

Spam, Hamburger or Filet Mignon


Everyday we open our email "inbox" expecting something to satisfy us, yet it seems to be filled with more unsolicited electronic junk mail, also called bulk email (or Spam, as it is called by most people). How much time do you spend everyday purging all this Spam? How many messages a day do you get that start out "Get Rich Quick...." or "Lose Weight Fast..." or even “Interest Rates Have Dropped.”


Additionally, Spam email often contains a sentence that states that all you have to do to get off the list is reply with "Remove" in the subject line. Do not reply to a Spam email, because now the Spammer will know that your email is actually a real live email address and will start sending you MORE Spam and sell your email address as a “fresh” email address for an even greater barrage.

Very few people like Spam. And most people HATE it. We have talked with quite a few mortgage companies that have considered using unsolicited email as a form of Internet marketing. Before you take the plunge into Spamland, you need to evaluate the risks you are taking with Spam marketing and here are just a few of them:

* Will you lose your web hosting provider or ISP connection because of all the complaints?
* How many potential customers will get upset because of the Spam approach you are taking?
* Is there a chance you might wind up in some legal trouble (i.e. Federal Court)?
* Are you buying mortgage leads from an email marketing company which utilizes Spam?

No Web Host…No Business

Web hosting providers hate companies that use their email servers for bulk email. The reason is because it uses up valuable bandwidth, disrupts their non-Spamming customers, and your provider receives threatening letters from their wholesale bandwidth companies.

Banned: These web hosting providers can also get their entire email servers completely banned so not only will you be closed down, so will all of their customers. No one will be able to send emails to AOL customers, Hotmail customers and others.

Shut Down: Hosting and ISP providers to protect their business, (and to keep their customers happy) can immediately delete your web hosting account and ask questions later. In effect, you have no web site and therefore no online mortgage business. All the bulk emails responses reply to a “dead” email address or web site and simply go on to the next provider of loans. Your time, efforts, money and now your web site are all wasted.

Disgruntled Customers

After being deluged with numerous Spam emails everyday, do you honesty think a customer that actually responds to a Spam solicitation will be a “good lead”. Most Spam leads have very poor loan close rates and in fact you will spend more time trying to placate unhappy Spammed people than closing loans.

In fact, some sophisticated computer hackers get so mad with Spam being sent to them that they will actually hack into your company web site. Hackers have been known to shut down web sites, steal customer information and publish words/graphics that deface your web site.

State and Federal Laws

Anytime there is something that makes millions of people complain, it will get the attention of State/Federal lawmakers. You should be surprised that there has been a lot of activity both on the Federal/State levels to put a stop to unsolicited email. There have been a number of bills proposed in Washington, one State bill was passed and several other States have bills pending.

There is precedence for this; the U.S. Congress passed a Bill in 1991 called the “Telephone Consumer Protection Act” which made it illegal to send unsolicited junk fax mail. It was passed after everyone started complaining about junk faxes.

Several other bills are pending at the Federal level. One bill would require that the word "Advertisement" or “ADV” appear at the top of the message and that the sender be fully identified by name, email address and telephone number. Another bill would outlaw false headers and return addresses for unsolicited email advertisements and require mailers to honor removal requests.

Only one state as far has actually passed a bill regarding unsolicited email. That is the State of Nevada. The law requires that such email messages have proper sender identification and that they include "opt out" or removal instructions.

What is Opt-in Email?

What is permission based or opt-in email, and how is it distinguished from Spam? Opt-in or permission based email (the terms are interchangeable) means recipients have confirmed their interest in receiving email and have signed up (hence the term opt-in) to receive communications about a subject of their interest. The recipient is also given the opportunity to unsubscribe from the list at any time, and all email messages are clearly identified as coming from a specific and approved vendor or source. Opt-in email is considered an acceptable Internet marketing technique, but still only a step above Spam, essentially “hamburger” as it is still invasive in nature.

Email Marketers or Spammers?

As most mortgage companies do not have the technical resources to start their own opt-in email marketing campaign, many companies engage an outside company to fulfill their opt-in marketing and mortgage lead requirements. Unfortunately this can cause mortgage companies to still have problems as some marketing companies are actually selling Spam leads (and not Opt-in email leads as promised).

Among the 80 Spam emails I receive each day about 10-20+ Spam emails a day soliciting “lower my interest rates”, “refinance before rates go up”, “consolidate my debt” and more. In fact, I get another 5-10 Spam emails from actual Opt-in marketing companies that are trying to sell their mortgage leads. Isn’t that ironic when an Opt-in marketing company Spams me to sell leads and states they do NOT do bulk email to generate their mortgage leads.

I Spam Therefore I Am Spam

So you are probably thinking, “Well, we are legally OK because we are not really the people spamming. The U.S. Federal Courts have a funny legal precedent that says in law that says “Ignorance is not bliss”. So if your marketing company gets caught doing email spamming, your mortgage company is also possible legally responsible for their actions.

Is There A Filet Mignon Option?

The best most viable Internet leads are not those you solicit, but those that come to your web site seeking loans. Driving traffic to your site can be accomplished via traditional “real-world” marketing (Countrywide), heavy banner usage (E-loan) or by high rankings in the search engines.

A customer who self selects to visit your site is of higher quality and more likely to become a customer. Now, that should satisfy you…and your customers.



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Compelling Customers To Take Action

Efforts to sell your mortgage products begin with a headline. It may be in a title of a web page or a top listing in a search engine. Its purpose is to grab the customer's attention and to compel them to take action. The purpose of compelling written content is to cause the customer to take an action; such as filling out an application or contacting your company.

Apart from increased marketing efforts, there are really only two other ways to increase sales:

  • Improve the major elements that lead to your web site (search engine listings, banner ads, opt-in emails, etc).

  • Improve the effectiveness of your web site in bringing a sale (compelling content, headlines, etc).


The online mortgage company can fine tune these elements far more easily (and with greater effectiveness) than can be done offline.

Meta Tags and Titles

The testing of ads before launching a sales campaign is well documented. But a listing in a search engine is also an ad and is often overlooked. The title tag is the headline that causes the reader to read the description tag. And the latter must bring a click to your site, or else the "ad" fails.

Since many search engines use these tags to create the listing; improving these meta tags can bring improved results. In short, create an attention gabbing headline that compels the reader to read the listing. Then create a description that compels the reader to click to your site.

Home Page Testing

You need to have your web hosting company show you how to view your site statistics. Then look only at unique visitors and page views. This will give you baseline to analyze your web site changes.

Also focus initially on above-the-fold, this is the area where the customer first reads your compelling headline. Put your best information first, just a newspaper puts its best articles on the first page


The task is to make a content change, then see what effect it had on your page views. If page views increase, then assume the change is positive and keep the new content.

If there is a decrease in page views, it is then negative and reverse the change. If there is little or no change, nothing has been shown so hold the change or reverse it.

Keep accurate records about your content changes and what works (and what doesn't). These past records are invaluable in providing hints for later changes.

No Interference

Make no other changes in your web site during a testing period. Doing so can distort the results and bring bad decisions. Let the site run with the noted changes until you have a good analysis of your web site traffic

What To Change?

Site colors? Images? The page layout? While written content is the most important element on the site, all that supports it should be tested. Try what works the best for you, but in the end it is your content that makes or breaks your site.

How Much To Change?

How much to change on your web site is really a judgment call. The headline on the home page is very important, so changing only this one item may be as far as you want to go. There is a lot of guessing to be done and hunches to be analyzed.

The Bottom Line is Sales

In the end, it does not matter what you think about your web site. It is really only your opinion. When you statistically analyze your own site, opinions are replaced with facts. And the behavior of your visitors is the only real factor and the bottom line is more mortgage loans.

For online mortgage leads please visit our mortgage leads page.

Originally published December 2001

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Kiss Your Customers

The word "kiss" has many meanings, depending on the context. In my family life, the primary meaning is when my little daughter goes to bed, I always give her a big kiss good night.

In my Internet life, the other important meaning pertains to web sites... yes, your web site. Because "kiss" also means "keep it simple, stupid."

The best web sites don't assume the client is an expert computer user. Technology is a wonderful thing, but most people are years behind the technical types. Therefore, your web site should be simple.

And "kiss" is a very critical concept when developing your web site.

Designing for Simplicity is Not Simple

The key to a highly successful web site isn't sophistication... it is simplicity. Just take a look at Yahoo. Your customers want to be able to find what they want, quickly, without having to wade through complex graphics and difficult navigation.

Now here is the hard part; designing for simplicity is anything but simple. But well thought-out simplicity is what can make your successful web site profitable.

Want Your Site to Have KISS Appeal?

Most people still use the Net at speeds under 56K and have their monitors set for 800 x 600 resolution. So the best web sites load in about 10 seconds at 28.8 K. Your web designers may have DSL or cable modems; but 95% of your customers do not. And the bottom line is that nobody is going to wait more than 10 to 15 seconds for your web site to appear.

Content Sells... Graphics Do Not

On the Internet, mortgage customers first look for relevant text, not graphics. Make sure you have clear well written text available straight away. That will keep your customers interested while the graphics load. Use graphics only if they help customers understand what they are looking for or if they convey information that can not be conveyed effectively through text. And keep graphics as simple and as small as possible; so they load quickly.

The best sites have simple and consistent navigation. Your average loan customer might view 2 to 3 pages before leaving. So at best, you are 2-3 clicks away from being dead in the water unless you help them get where they want to go...quickly.

The Obvious Sells

Make everything obvious. First and foremost, help your customers easily see the information -- white backgrounds are quick to download and help information stand out. Use alt tags (the labeling of images) and easy to read headlines in your content area. Offer concise explanations, with the ability to have your visitor click if they desire more in-depth information.

I Fell Down and I Can't Get Up

Provide clear navigation from anywhere; and do it on every page so that you never leave your prospect stranded anywhere on your site.

Respect Internet protocol. Blue underlined text means hyperlink, or "Click Here". And don't confuse your customers. A confused customer is lost profits. Also avoid underlining or using blue text for anything else. Place your navigation on the top or left of every page; and offer contact information at the bottom of every web page.

Nah, Nah, Hey, Hey, Goodbye

A very simple strategy, often overlooked, is to keep all your navigation links within your web site. Unless you want to encourage your customers to leave, don't offer them hyperlinks to any other site. Any trip to the menu bar is an opportunity for your prospect to kiss you goodbye.

Simple is as Simple Does

Never make a customer download plug-ins. Average customers do not know how to download. And even if they do, why take them away from the loan process and force them to do something else because some web designer thought it would be cool? Your customers won't say, "Wow!" -- they'll leave your web site.

If you can't design it into your web site and still have it load quickly; leave it out. And give your customers simple instructions and helpful tools to guide them through the loan process.

Simple Forms are Completed

Another simple tactic is to have very simple forms on your site that require just the basic information so you can "hook" your prospective visitor. We have run numerous experiments with the amount of information a customer is willing to give you and we find that more than 10 items will cause the completion rate to plummet. Long questionnaires about the exact balance of the second trust deed and the phone number of your current lender result in about a 70-80% drop off rate.

And when a Social Security number is asked for up front, many people quit filling out the form in mid-stream. Part of the reason customers don't like to provide extensive information is the issue of trust.

Do Customers Trust You?

Keep in mind: Visitors are looking for a reason not to trust you. Use of sites with non-related pop-up windows, P.O. boxes for your address and outdated copyright dates are just a few reasons to cause doubt with a potential customer.

Pay attention to the details: Check for typos, grammatical errors, screen error messages, images that don't open, browser compatibility problems, functions that don't work -- everything. Then have someone else check again, from a different machine (i.e. if you used a PC with Internet Explorer to create the site; check your site with a Mac using Netscape).

The best web sites build their brands by creating a great user experience and by making it simple to use their site.

KISS - "Keep it simple, stupid." Here's what the top web sites have in common:

  • Fast download times

  • Put what the customer wants at the top of the page

  • Few graphics

  • Compelling content

  • Consistent navigation

  • No frames

  • Links in traditional blue (underlined text)

  • No background images

  • No splash page

  • Simple and easy-to-understand

So you need to ask yourself, was your web site designed to kiss your customers in the right way. If not designed correctly, you will just be kissing your online profits goodbye.

For online mortgage leads please visit our mortgage leads page.

Originally published November 2001

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Designed for Show or Designed for Dough?

If you want to increase your online mortgage sales; you have to begin at the very beginning. Your home page is literally 90 percent of the sales battle. If your home page doesn't perform; your visitors won't be enticed to venture deeper into your site - and you will make very few mortgage sales.
Having a poorly designed home page is a disaster because there is no sale. And that means that the marketing budget, creative effort, and time you invested to get those visitors is wasted. We advise our corporate clients strongly NOT to drive visitors to their home page; until their site is ready for commerce.
Download Fast... And Earn Quick Cash

So what are the key things your home page has to do to "do it right"? First and foremost, it has to download fast. How fast? Eight to ten seconds is ideal. More than that and your visitors start to leave from impatience. Beyond 20 seconds and you have turned your web site into a conduit leading directly to your competitor's site.

Web Designers might be very talented people and typically live in a world of high speed connections (DSL, Cable, T1) and large monitors. What they may not know is that only around 5% of Internet users have high speed access. The big reality is that most customers surf at 56k or LESS. And the majority of people (roughly 60%) -- still surf at only 28.8k; on 15" or smaller monitors.

So when we are talking 8-10 seconds, we mean at 28.8k. Yahoo and Amazon do it; as do many other top sites. This means your entire home page should be around 35K or less in size.

True, most home pages are bigger -- a lot bigger. But that's precisely the problem. More specifically, your problem. These web sites take so long to load that the visitor is gone long before the designer's creative talent can even be seen.

If you want to maximize sales (as opposed to having a beautiful design showcase that actually discourages sales) then the web designer's challenge is to develop a great 'look and feel' within the constraints of a fast loading site.

Titanic or the Love Boat?

Fast download times are just the tip of iceberg. You do not want your site to sink before you even leave the harbor. Equally important is what the visitor will view after the page has loaded. You want your visitor to fall in love with your sites. And to do so; here are some of the more critical elements to also follow:

Is your unique selling proposition (USP) clearly stated and strong? (If you do not even know what is a USP, then you might want to stay away from the Net entirely).

Is your site navigation clear and simple? (You confuse... you lose).

Is your web site professional looking (i.e. a million dollar look)? (Many mortgage sites look like the summer intern designed them).

Do your graphics integrate well with the entire site? (No flashing mailbox graphics or scrolling text).

Does the home page utilize expert sales wording (i.e. compelling content) that encourages a buying decision?

Does the home page inspire trust and build rapport? (Be aware that security is more of an emotional issue than a technology one.)

Is your contact information easy to find (1-800, address, email, hours of operation)?

Are the smallest details (such as fonts and colors) chosen to maximize sales?


Does the home page compel your visitors to go deeper into the site? Does your navigation or wording actually compel your visitors to want your product?

Does your web site view on all browsers?


AIDA - Tropical Disease or Marketing Acronym?

I'd like to share a powerful tool from the "real world" of sales because it is just as powerful in the virtual world -- and perhaps even more so. It's known by the acronym throughout all marketing textbooks as "AIDA" (attention, interest, desire, and action).


Every successful sale incorporates these critical elements at every step. These steps drive the process of turning visitors into buyers. So apply the AIDA test to your own home page and analyze your results:

1. Does your home page grab visitors' attention -- in about eight seconds?


2. Does your home page stimulate customer interest and reinforce that they are at the correct web site?

3. Does your home page inspire the desire to take the action of clicking deeper toward a sale?


4. Is "how to take action" obvious and easy?

Once you've tested for AIDA on your home page, test every other page on your site. Are your visitors moving comfortably from your home page, through your entire site, and to your application form?


If you can't answer yes to all four questions; then you've got some work to do. But taking this extra time to do it "right"; will make your web site one of the few that makes money on the Net.

And just like investing your Internet marketing dollars (dough) into achieving high search engine rankings. You also need to invest some dollars (and time) into a well designed/researched home page. The Net is a powerful opportunity to make mortgage sales, you just have to do the "right" things in the "right" sequence.


For online mortgage leads please visit our mortgage leads page.

Originally published October 2001

Compelling Customers To Take Action

Efforts to sell your mortgage products begin with a headline. It may be in a title of a web page or a top listing in a search engine. Its purpose is to grab the customer's attention and to compel them to take action. The purpose of compelling written content is to cause the customer to take an action; such as filling out an application or contacting your company.

Apart from increased marketing efforts, there are really only two other ways to increase sales:

  • Improve the major elements that lead to your web site (search engine listings, banner ads, opt-in emails, etc).

  • Improve the effectiveness of your web site in bringing a sale (compelling content, headlines, etc).


The online mortgage company can fine tune these elements far more easily (and with greater effectiveness) than can be done offline.

Meta Tags and Titles

The testing of ads before launching a sales campaign is well documented. But a listing in a search engine is also an ad and is often overlooked. The title tag is the headline that causes the reader to read the description tag. And the latter must bring a click to your site, or else the "ad" fails.

Since many search engines use these tags to create the listing; improving these meta tags can bring improved results. In short, create an attention gabbing headline that compels the reader to read the listing. Then create a description that compels the reader to click to your site.

Home Page Testing

You need to have your web hosting company show you how to view your site statistics. Then look only at unique visitors and page views. This will give you baseline to analyze your web site changes.

Also focus initially on above-the-fold, this is the area where the customer first reads your compelling headline. Put your best information first, just a newspaper puts its best articles on the first page.

The task is to make a content change, then see what effect it had on your page views. If page views increase, then assume the change is positive and keep the new content.

If there is a decrease in page views, it is then negative and reverse the change. If there is little or no change, nothing has been shown so hold the change or reverse it.

Keep accurate records about your content changes and what works (and what doesn't). These past records are invaluable in providing hints for later changes.

No Interference

Make no other changes in your web site during a testing period. Doing so can distort the results and bring bad decisions. Let the site run with the noted changes until you have a good analysis of your web site traffic

What To Change?

Site colors? Images? The page layout? While written content is the most important element on the site, all that supports it should be tested. Try what works the best for you, but in the end it is your content that makes or breaks your site.

How Much To Change?


How much to change on your web site is really a judgment call. The headline on the home page is very important, so changing only this one item may be as far as you want to go. There is a lot of guessing to be done and hunches to be analyzed.

The Bottom Line is Sales

In the end, it does not matter what you think about your web site. It is really only your opinion. When you statistically analyze your own site, opinions are replaced with facts. And the behavior of your visitors is the only real factor and the bottom line is more mortgage loans.

For online mortgage leads please visit our mortgage leads page.

Originally published September 2001

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What Customers Really Want

Many Internet mortgage companies view their web site as another vehicle for advertising. It is not. And because of this erroneous belief, their corporate web site does not perform as well as it could.

It's Not Your Web Site

The Internet is different from other mass mediums, in that the web is interactive, and the customer controls how the interaction occurs. The customer is in charge of what they want to read; not the web site owner.

Here Is What Customers Want


The most successful web sites give the customer 'what they want'. Your web site is for your customer, so design your site to please your customer (not your webmaster or yourself).


Customers want what you want. When customers go to web sites: they want content, they want information they are seeking, they want information that they were not seeking but is beneficial to them, they want pricing, they want it easy to find and they want it fast and on their terms.


Give It To Me, Now!

If customers generally are coming to your web site for one thing - interest rates - be sure to display your rates and terms on the top on your main page. Don't put a picture of your corporate headquarters or staff there. Your customers will get to that information, if they want. But first things first, they want to know your rates.


Customers Know Fluff

Web site owners cannot just add a couple of flashy graphics and expect to conduct commerce. That is like taking a '68 VW bug and painting racing flames on the body, thinking that will make it go faster; it won't. And your site won't produce more customers with extra fluff.

You Tell Me, I Won't Tell You

Potential mortgage customers want to easily find information on rates and plans. They do not want to have to register or submit their email in order to access the material they seek.


My Name Is Mine, Not Yours

Your customers demand privacy and want full disclosure to any and all information you have stored on them. This includes any historical, proprietary, transactional, or confidential information. And don't sell your customer's information to any outside source.

I Like My Browser, It Should Work On Your Site

Mortgage companies should do their best and test their web site on as many different browsers as possible. The current browser war can cause major differences in how web pages appear. Often a site can look great in Netscape 6.0, but have problems with Netscape 4.7. Your web developer needs to make sure your site views correctly in all different browsers.

Zoom, Zoom

Web developers like to use cutting edge technology. But often, in order for your customer to view your site in all its glory, your customer may be asked to download and install a plug-in component of software. Customers don't like this.

Don't Ask For A DNA Sample

One problem with many mortgage sites is that they request a complete history, biography, social security and DNA sample before they give quotes to potential customers. Make it easy for the customer to do business with you by only collecting the critical information to get started. If you are both interested in going forward; then more information can be requested.

I'm Your Neighbor, Your Friend, Your Customer

Make your page not only factual but interesting to read. Treat your customer as a guest, and "talk" to them as a friend. Your customer is not a mindless drone, they are normal people. So don't try a deliver your web content in a boring, corporate monotony.

Speed, Or Lack Of, Kills

Make sure your pages load fast and your potential customer will at least stay to see your logo and first bit of information. If your site must use graphics and pictures, optimize the images assuming that your customer is accessing with a 56k modem; not DSL or cable.

One Site, One Map

Customers like familiarity so be consistent with your site look and site navigation. Don't offer entire new looks or colors for different sections of your site. Your navigation should be first either at the top or on the left. Rarely should navigation be at the bottom of your page and never on the right hand side of your page.

Don't get too cute with trying to be different. Customers like to see hyperlinks that are blue and underlined.

Visual Road Markers

Make it easy to review your web site. Use headings and boldface to allow your visitor to scan your page and find what they want (like we did with this article). Avoid italics and do not use multiple fonts on your page; as they are harder to read.

You Are The Weakest Link

Test your hyperlinks either from a computer at home or using a link checking software program. Broken links will cause customers to leave and go on to a competitor site.

Phone, E-mail, Fax

Some mortgage companies try and hide behind their web site; only allowing the customer to contact them via email. With our clients, we find about half of all potential customers actually call the 1-800 number. And the other half either fill out a form or use email to request additional information. So be sure to offer toll free numbers, e-mail addresses, fax numbers and real world street addresses (no PO Boxes).

Customers Are Like Banks

Customers are like banks - you have to make a deposit, before you can make a withdrawal. The "deposits" you can make are giving the customer what they want - information. Allow them to use online calculators to examine 15 year versus 30 year financing. Offer information on the pro's and con's of higher points and lower interest rates or an explanation of what title insurance does for them.

Here Is What You Get

If you give your visitors what they want, you will get what you want… customers.


For online mortgage leads please visit our mortgage leads page.


Originally published August 2001

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Old Lessons For The New Economy

The new economy has revealed the potential for explosive growth in acquiring and processing online mortgage loans. Unfortunately many lenders have tried the new economy way to "buy" market share and ended up with an expensive learning experience.

There are many lessons from the "real world" that can be applied to the Internet, here are a few to keep in mind.

The Two Evils Of Business

Those that own a mortgage company can fully comprehended the two major evils of the real business world (labor intensive and capital intensive). They undoubtedly have been sucked into that whirling, endless, cyclic vat of meetings, layoffs, expansion, stock options, shareholders, employee relations, vendor outages, leases, politics, capital calls, legal documents, sour deals et al and probably do not like it... at all. "If only labor and capital expenses could be controlled, it would be a perfect world," they say.


The Net To The Rescue

Then they probably noticed this 'net' thing and noticed the potential to possibly reduce the 'employee aspect' (labor) and related needs for physical support items (capital) such as buildings and computers, but weren't sure exactly how to achieve this reduction.

Labor Intensive" Savings

Then they have decided to actually build their own web site as they could clearly comprehend some of the "labor Intensive" advantages of having a site: the reduction of sales forces as the traffic is inbound from people who actually want loans.

Where's The "Capital Intensive" Savings?

Once these mortgage companies decide to actually build a web site (and determining that they don't want it constructed with a wild array of tacky images) they discover that an online loan presence is more expensive to create than other types of web sites. A mortgage web site requires mortgage calculators, secure servers, frequent rate updates, etc. Thousands of dollars later, they finally have a web site.

Where's The Traffic?

Many loan companies (after their web site has been working for six months) find that simply 'being on the Net' doesn't insure business and they say, "We are player in our industry/region, we spent $10,000-$100,000 on our site and we don't get nearly the business we had planned on, in fact we don't get much at all." Many online mortgage companies began to advertise heavily in an attempt to find new customers. Shortly thereafter, fears of creating a new 'capital intensive' expense occur as a new economy marketing plan is discussed and formulated.

Top Line -- Bottom Line

In the old economy, there was more of a balance between expense control and revenue generation. In the new economy, start-up Internet mortgage companies, in an effort to demonstrate immediate viability to investors or shareholders, focused on the top line - sales. Advertising was heavy and incentive laden, with some companies even offering one free month of mortgage payments.

Flat Line

While sales are the bloodline for any organization, failure to control expenses, and the bottom line hemorrhaging blood faster than it comes in, results in losses. The end result… many online only mortgage companies went out of business using the new economy way of marketing.

Here are a few old economy lessons to help you with your existing web site.


Eliminate Minimal Revenue Creation Events

Banner ads continue to achieve lower and lower click-through rates, resulting in higher customer acquisition costs. Search engines continue to be the most cost effective lead generation alternative for most online loan companies.

Lead, Communicate, Take Action, Commit, Understand

We find the most successful loan web sites are those where the CEO or owner is web savvy. They 'get' the net, they understand the net and they use it as a tool. If you want your web site to become successful, take the time to become Internet proficient yourself: there are no short cuts here.

Don't Pollute

Stick to your expertise and focus on what you offer - loans. In the old economy you did one thing, and did it well. In the new economy many companies try and squeeze every penny from a web site by linking to non-related sites. Do not have links to Amazon.com, your web designer's home page, Microsoft or other links that in effect divert your customers' attention away from your site, and towards something else. That $20 Amazon affiliate commission check you receive is just not worth it to lose a $2,000 commission from a loan customer.


If You Must Make Mistakes, Then Learn

If your site is not working, then fix it. If you have traffic and you are not receive applications for loans, then something is wrong with your site, not with your visitors. Perform a review on your site appearance, the written content and the rates. As usually the problem for poor sales is one (or more) of these three items.

Feed On Feedback

Read the emails from your customers. Are they complaining about how hard it is to find information, that you require too much information on your forms or that your rates are just too high? Are you even getting email?


Talk To Your Customers Like, Umm, Customers.

The Net tends be more depersonalized than the real world. Many of our clients have us perform competitive intelligence on other sites. We are constantly amazed at how insensitive, uncaring, inept, non-question answering and incomplete the email responses are to our inquiries.

Don't use heavy corporate dictate type emails. Email are a one-to-one experience, and while you should be professional, also be friendly, and, umm, a bit more human in your responses. If you provide old economy service to your new economy customers, they will be more likely to use your service.

New Rules + Old Ways = Cash

You will probably never totally control your labor and capital evils, but by using the new economy Internet and applying 'old economy' controls and customer service you can create a handsome offspring…profits.

For online mortgage leads please visit our mortgage leads page.

Originally published June 2001

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Can Your Web Site Pass This Marketing Test?

This month we are going to offer you a quick and easy test to determine if your web site is structured to maximize your revenues from your marketing efforts.

All Roads Lead To Rome

Does your web site pass the

'www-enabled' test?


[] Yes [] No

Visitors can type http://www.mydomainhere.com and arrive at my site.

[] Yes [] No

Visitors can type mydomainhere.com and arrive at my site.

This is an easy test - but don't just answer the question. Actually type in your domain name in your web browser; you may be unpleasantly surprised.

You want to make it easy for your visitors to easily type in your domain name and arrive at your web site. Simply type your domain name as http://www.mydomainhere.com and as mydomainhere.com, without the
http://www

It is estimated that 3-5% of all new web sites are not able to display webpages in both modes. If you are not fully www-enabled, your customers won't see your web site and will then go to one of your competitor's sites. A simple call to your web host can make your site www-enabled.

Look Over Here… Over Here… Hey, You - Over Here!

Do you know how effective banner ads are?

Click-through percentages: [] 0.5-2% [] 2.5-4% [] 5-6% [] 7+%

We have all seen the banner ads that flash, jump, twinkle, shout and beg for attention. Many loan companies (given the potential value of a closed loan) use banners to market their site. Various studies have shown a steady decline in the click-through rates, with most findings in the 0.5% to 2% range. The NPD Group, a research organization specializing in consumer purchasing and behavior, found that users were 20-40 times more likely to click on a link via a search engine versus a banner ad. Something to think about when starting an Internet based marketing campaign.

Who Goes There?

Which customers that arrive from search engines; do they actually fill out a form and receive a loan?

Which search keywords typed by your visitors and who actually closed a loan: [] I know [] I don't know [] What?

There are several ways to decide the effectiveness of your Internet marketing campaigns. Many marketing managers give the vague, "I know this search engine ranking is sending us a lot of leads," or "This banner is really producing." But few companies actually have the programming to accurately determine the very source of EACH lead and then follow it to see if it resulted in a closed loan.

If you are spending any amount of significant money on Internet marketing you need to install programming to monitor the specific effectiveness of your banner ads and search engine ranking efforts.

Who Goes There? Part II

How do your customers (who close loans) get to your site?

Percentage of visitors resulting in sales from search engines: [] 25% [] 35% [] 45% [] 55%

The NPD Group study also found that traffic arriving from search listings resulted in 55% of all Internet purchases which was six times more sales from banners ads.

Say What You Mean, Mean What You Say

Do you actually have the keywords on your web pages for which you want to be found?

A search for "home loan" and "home loans" will return the same results in any search engine: [] Yes [] No

For example, if you do VA loans and a potential visitor types in "VA loans" in a search engine, there is a chance you will be found. Search engines are absolute in their results and if the visitor types in "Veteran's Administration loans" in a search engine and you don't have "Veteran's Administration loans" anywhere on your site; you won't be ranked. In fact most search engines will consider "VA loans" and "VA loan" as different as "VA loans" and "dandelions."

Say What You Mean, Mean What You Say - Part II

Can your visitor tell what you are offering in 5 seconds or less?

Each and every page starts off (without scrolling) with a compelling statement of what that webpage is about: [] Yes [] No

Don't make your visitors have to scroll down, or worse - sideways, to find what your web page offers for them. For example, if the web page offers information on jumbo loans then at the top of your page it should state, "We offer Jumbo Loans for single family homes." Sounds simple, but many web sites do not do this.

I Look Great, Don't I?


Did you know that different browsers can show your web page differently?

Have you tested your web site with: [] Internet Explorer (IE) 5.x [] IE 4.x [] Netscape Navigator
(NN) 6.x [] NN 4.x [] AOL [] Mac based [] Web TV [] Opera

While Internet Explorer commands the market share for browsers, there still are a myriad of browsers and platforms net surfers use to browse your site. If you aren't checking your pages under different browsers and computers combinations, you are potentially writing off business with anyone not using your specific computer configuration.

Other considerations include screen size and fonts. There are many different screen resolutions at which your monitor can be set. Roughly half of all users choose the 800 x 600 pixel screen size. Approximately 40% set their screen size to 1024 x 768 and 10% use a 640 x 480 size. Each of these resolutions can change the layout of your page by increasing or decreasing its size.

On occasion a web site owner will select a unique font that looks great on their site. The only problem is that if the viewer does not have that font installed on their computer and their computer will default to an entirely different font. This means your web site might view very differently for this customer.

Let's Get Together

Can your easily customers contact you?

On every page, I have: [] e-mail address [] company address [] company name [] direct dial number

Seems like a simple enough question, but you would be surprised at how many web site owners think they need all their contact information (email, address - no PO boxes, phone numbers) on their main page but not on other pages inside their site. Make it easy for customers and have your critical company information on EVERY page.

For online mortgage leads please visit our mortgage leads page.

Originally published June 2001

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Is Your 'Killer App' Killing Your Business?


There are many killer app's on the Net, one of the more powerful applications remains email; especially requested email. Email is a cost effective customer-service application and is the single most efficient method available to a mortgage company.

So why are so many mortgage companies 'killing' themselves with poor emails?

Just like everything else on the Net, these companies were never told the "right" way or the "wrong" way.

EMAIL IS SO SIMPLE A CHILD COULD DO IT

Anyone can send an email -- just look at your inbox. The real management issue is how to send a compelling email in response to a customer inquiry. An email that will meet the needs of your potential customer and will result in increased business for your company. Let's review a few of the elements required to make your email responses result in success.


KEEP YOUR EYES ON THE PRIZE

Focus. Focus. Focus. The mortgage web sites that produce the most business tends to be focused; plus offer attractive pricing. We still see a few sites that have links to Amazon or to life insurance sites or wherever. Don’t dilute your site with these banners or distracting ads as your business is loans. And a loan is worth more money than you will ever make from Amazon in a lifetime.

If you offer FHA loans, your site should have everything people ‘need to know’ as they are searching for information and seeking an expert. It is not enough to say, “Hey, we do FHA.” If your site is void of substance, you won’t receive email because…

THE JOURNEY OF A THOUSAND SITES BEGINS WITH A SINGLE CLICK

Before we discuss email, let’s focus on your site; where customers go before they send email. Searching for information on the net can be a grueling process, but ultimately people find what they want (or give up). Your key to success is offering the information that people want...on your site. If you do a good job at this, the only emails you will receive are from customers ready to proceed.

DON’T BREAK MY HEART

Online (as in the real world) you must have a continuous set of
UNBROKEN events that culminates in a closed loan...and a happy customer. If just one sequential item breaks, the loan does not go through. It can break your heart (and your cash flow) when you don’t close as many loans as possible. So let’s examine the email process.

I AM SPAM, SPAM I AM, AM I SPAM?

The subject line of your response is critical.

You don't want to sound like a Dr. Suess book.

By replying with just the words in the subject line: "mortgage loans" you can fool the client into thinking it is possibly an unsolicited email. The subject line should be much more descriptive so the customer knows it is not spam and the email is an important reply from your company.

We would suggest a subject line that says "Response to your loan inquiry - XYZ Mortgage" or better yet, “Alicia, this is in response to home loan inquiry from XYZ Mortgage."

MEASURE TWICE, CUT ONCE

We suggest that our clients compose template responses to emails. Most companies will require 5-10 standard responses such as: “Our current interest rates are,” or “Here are the loan application steps.” When constructing your emails be sure NOT TO SHOUT (all caps) and don’t use excessive punctuation like this!!!!!!

One of the problems with visitor created email is that they generally don’t know everything to ask, i.e. “I asked for this, but I really meant...” By developing a comprehensive FAQ list and incorporating the FAQ’s into your email (and onto your web site) you can be of great service to your customers.

UP FRONT AND PERSONAL

There is a joke that goes as follows: “My spouse keeps complaining that I never listen, or something like that.”

When a potential customer visits your web site and requests information; are you really sending what they requested? The critical aspect to using a template response is to place the answer to the customer’s question first and at the top of your email reply. Even though the answer to the customer’s inquiry is embedded in your comprehensive FAQ; copy and paste the answer and place it at the top of the email so they customer can easily find it.

The moral of the story is to answer the customer’s question FIRST. If not, all your efforts to build a web site, drive customers, and to convince the visitor to give you information...is lost.

I'M LATE, I'M LATE. FOR A VERY IMPORTANT DATE.

Your response time to a customer inquiry is crucial. If you expect to gain additional business from the Internet you need to respond in a very timely manner. And in Internet time, that generally means within a few hours.

I BE PROFESSIONAL. IZ YOU GUYS?

A professional appearance is vital so your customers feel comfortable working and completing their loan with your organization. Your email response must be free of typos and utilize proper grammar. Items such as missing punctuation, layout problems, and capitalization of words, should be corrected before sending to the customer.

LEAVE A TRAIL FOR YOUR CUSTOMERS

One of the most overlooked aspects of a great email response is the "signature" at the end of the email. It should comprehensive so the person can contact your company via email or phone or so they can go back to the web site with a click of the mouse.

The elements of an effective signature are:


  • name, title

  • mailing address

  • email address

  • direct, fax & toll free numbers

  • hyperlink back to your web site


COMPETITIVE INTELLIGENCE

And finally, you may want to consider a little competitive intelligence work and visit those sites that offer the same mortgage services as you. Complete their application forms (using a Hotmail or AOL address) and receive their email responses. You may be surprised at what you find.

You are in a very competitive business (some say cut throat), so by using the full power of your follow-up email's, you can make a 'killing.'

For online mortgage leads please visit our mortgage leads page.

Originally published May 2001

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The Internet Cake Recipe for Success

As all web site owners eventually find out, an effective Internet presence is more than a snappy design or a page full of spinning graphics. It is not enough just to produce a site; you have to produce a site that produces results.

First, as in the real world, you must realize your mortgage company does not exist to sell just mortgages; it exists to solve problems for your customers. And if you solve their problems…you will sell mortgages. If your mortgage site does not provide solutions for your prospective customer, you will not receive business from that customer.

Four Cups Of Flour, Two Eggs, Bake

Effective web sites are created much like a cake recipe. If you leave out any ingredient (flour, eggs, water/milk) or a certain step (baking), the cake will not turn out as you planned. Our company has developed numerous web sites and in that process we have fine-tuned many of the required business model elements in order to produce successful web sites. There are at least ten simple elements necessary for your mortgage Internet business to be effective.

And as with a cake recipe, if ANY element is missing, you will NOT have an effective Internet presence.

Here are at a minimum, the elements required for a successful mortgage site:

  • Product - Service

  • Design - Appearance

  • Convenience - Layout - Navigation

  • USP - Competitive Advantage

  • Data - Information - Knowledge

  • Content - Trust

  • Price - Quality - Value

  • Traffic - Marketing

  • Sales - Profit

  • Customer Relationship Management

Product Service: You must clearly state (at the top of each page) what you are offering to your customers. Examples of products can be VA home loans or home equity loans. Examples of service would be loan servicing or escrow.

Additionally you must have a viable product or service. We always tell our clients that “if you can’t sell it in the real world, it won’t sell on the net”.

Design Appearance: A common misconception is that a “wow” site will result in more business. That really isn’t true. We find that the appearance of your site is usually scored as a “pass fail” by your visitors: if you have a nice site you pass, and they will stay. But a site that is drab and unprofessional you fail, and it will cost you business, as your potential customers will leave…and go to one of your competitors.


Convenience Layout Navigation: Once your visitor decides to stay on your web site you must offer an easy way to navigate your web pages. By placing your most important information at the top of your page and having a well-defined navigational menu, you become convenient to your visitor and save them time. Your layout should be consistent throughout your site. So if you have your navigational menu on the left, keep on the left on every page.

USP Competitive Advantage: You have to position yourself as an expert in your niche. You must state your USP (unique selling position) at the top of every web page so that visitors know they are at the “right site.” Examples of USP’s are: We close fast on FHA loans. We specialize in problem credit loans.

Data Information Knowledge: Data is simply factual information. Average sites provide data to their customers and the customer processes the data.

Information is data that is organized so it can be used to process who, what, why, where and what questions. Good web sites organize the data to provide information to their customers.

Knowledge is the application of data and information into understanding. Great web sites provide knowledge for their customers; ie instead of just a home equity loan, take out an entirely new home loan as your monthly costs will be lower than what you would have paid with your existing first loan plus the home equity loan.

A great mortgage site that emphasizes knowledge allows your visitors to use your web site as a tool, thus increasing the utility of your site and causing visitors to find value and trust with your company.

Content Trust: It is not only the information on your site, but how your content is delivered. You must sculpt the words on your web site to convey your image, your style and your message in a professional and compelling manner. Since the Internet predominantly uses the written word, your ability to communicate with the content of your site, will determine the success of your site. A well-written site will convey trust…and trust will lead to sales.

Price Quality Value: Because your customer can quickly and easily search the web, the price and quality of your product or service (coupled with the customer’s perceived value of your site) is important in the customer's decision-making process.

Traffic Marketing: What good is it if you built a web site and nobody came? Traffic building is probably the most difficult aspect of the following elements. With hundreds of thousands of competing web sites, you must target the type of customers you can best serve.

Sales Profit: You cannot give your product or service away. Sure there are loss leaders, but ultimately you must generate a profit; after the day to day operating costs plus the long term cost of capital. And you need sales to keep your business afloat. If you are “just 1-2 points” higher than other sites, you will not receive loans from the Internet.

Customer Relationship Management: While this is the current business buzzword, very few web sites practice the online version of this concept. Make it easy to call you (put your toll free number and e-mail hyperlink at the top and bottom of every page) and include information about your company. Respond back to emails within hours and return all your phone calls.


The Internet Cake Recipe

You now have the necessary ingredients to produce a successful web site. Simply provide a quality product or service at a reasonable price, write compelling content, with an effective design, plus an easy to follow layout, and then market your site to the net, which results in a constant stream of targeted traffic and visitors directly to your web site, then by offering great customer service you will achieve sales.

It will be the best cake you ever had; if you do it right…

For online mortgage leads please visit our mortgage leads page.


Originally published April 2001

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WHY YOUR CUSTOMERS CAN'T FIND YOU ONLINE.

Many mortgage site owners look lovingly at their site and think, "My site is beautiful. How can I not be listed 1st in the search engines?" And if they are listed 1st in the search engines; this will then cause potential mortgage customers to flow endlessly to their web site.

It doesn't take long to determine that (in reality) your web site probably won't be listed at the top of the search portals... probably not even in the top 100 listings. In many cases, mortgage owners are stunned to find out they are not even indexed by many search portals. And if your potential mortgage customers can't find your web site…you will not receive much Internet business.

A couple of quick definitions to help understand this article:

Search portals: Includes engines and directories such as Yahoo!, AltaVista, HotBot, Google, Northern Light etc.

Spider / Robot / Index: The process of a search portal sending a probe to your site to "read" the content of your site so it can then "rank" it.

Here are reasons why your site might not be listed in a search portal:

Hey! Over Here! Look at Me!

Let's start at the beginning. Did you submit your site? Did you submit your site to every search portal?

Many webmasters think that search portals will actively go out to the net and ferret out every site, including yours. It just doesn't happen that way. You must go to each 'add url' page and tell the search portal to come to your site and spider (index) your web pages.

You have to accurately (and more importantly…properly) submit to each search engine and search directory. Each portal has specific requirements on the information you must provide. For example Yahoo! states the following: your site must support multiple browsers; be in the English language, must be up and running 24 hours a day, seven days a week; have no parts of the site under construction; all links on the site must work and the site must contain substantively unique content that is not already accessible from the Yahoo!

Leave A Trail of Breadcrumbs

You must leave a trail of breadcrumbs for the search engine spider to travel your site. Most often links from the main page are followed which allows the rest of your site to be indexed.

Here are the most common barriers to NOT getting additional pages in your web site indexed:


  • Use of frames. Some spiders cannot follow links on framed sites. You should have an "include links" tag inside your NOFRAMES tag.

  • Image map links. Some spiders don't recognize links in image maps.

  • Absence of links: Many web sites have a "splash page" which only has an "Enter Here" button.


Server Failed To Serve

While many Web host companies promise 99.9% uptime per month, that still works out to about an hour a month they can be down. Numerous studies show that 22-46% (depending on the study) experience 'prolonged downtimes' last year. And if your site is down when a spider visits, the spider won't return and will mark you down as a dead site.

And if your site was already indexed by a search portal and the spider returns to update its records and finds a "down site," you can be delisted.

The easiest solution is to buy quality hosting. You can use a program like NetWhistle.com to monitor your sites uptime 24 hours per day and alert you to problems.

You Didn't Feed The Spider What It Wanted

Some search spiders won't index dynamically generated asp, cgi or other pages containing a question mark (?) in the url. This means if you have a page that brings up toady's interest rates from a database, you may not get included.

Since most search engines robots can only index static pages you may need to create a static page so the spider can actually read and index the content.

Trickery, Spoofing & Fooling

If you have mistakenly or intentionally included elements in your site that is deemed as "Spam" by the search portals you will not get listed; or worse you could get blacklisted. Examples are the excessive repetition of words (home loan, home loan, home loan) or attempting to hide additional text by using black text on a black background.

Splash, Flash, Crash

Many web designer firms like to show their ability to create beautiful sites and may use software such as Flash. One problem with web sites created with Flash is that these sites do not contain links that can be followed by most spiders, so the spider finds no content and no links (i.e. you will not get indexed).

Buried Treasure

You may have a wealth of information on your site and you may have had an overly organized web designer that has created subfolders for everything such as 'our company,' 'rates,' 'location' and 'loan application.' The problem is that some search portal algorithms have determined that the most relevant and important information is kept in your root directory and not in subfolders; so they don't spider subfolders.


Oops, They Dropped The Ball

Sometimes search portals have a glitch and just drop sites. Sometimes search portals look at the date your web site was last modified and deem it is "out of date" and delist you to make room for more pertinent and "up to date" sites.

Are We There Yet?

Be patient. Most search portals indicate they will index your site within 2-6 weeks after you submit it, but in reality it sometimes takes months before the spider actually visits. Some search portals may go even 2-6 months without adding new sites as they tweak their algorithms or attempt to find additional funding. There is also a tremendous backlog of sites and thousands and thousands of sites are requesting indexing every day.

You can test to see if your site has been indexed by going to each search portal and typing your domain name in various ways, including: domain.name, url:domainname.com, site:www.domain.name and http://www.domain.name. Each search engine searches differently so you must test each version.

And Now The Race Really Begins To Reach Your Customers...

Assuming you have done everything "correctly" and your web site is indexed; you have now earned the privilege of competing with hundreds of thousands of web pages that contain the words "home loans" or "mortgages." The Internet is a competitive business world, but it also can become very financially rewarding if you market your corporate web site "correctly" to the search engines.

For online mortgage leads please visit our mortgage leads page.

Originally published March 2001

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Tune Up Your Mortgage Web Site

Your web site can always use a "tune-up." Web sites are more fickle than cars and require more attention to keep them running in top shape. In this article we are going to discuss online resources that can help you improve your traffic, many of which are free.

According to CyberAtlas.com the average Internet user stays less than 50 seconds on a typical web page. Given this short period of opportunity, everything has to be correct to entice your potential customer to stay longer. A simple web site error, if not easily corrected, can cost you thousands of dollars in lost loans. Let's examine how to 'get your motor running' with your mortgage web site.

Are You Compatible With Your Customers?

You will need to run a browser compatibility test in order to verify that your web site will adequately display in different browsers and versions. While there are only two major browsers, Netscape and Microsoft Internet Explorer (IE), your customers' viewing results can vary widely. According to WebSnapshot.com IE 5.x is the dominant browser.

One of the major problems (often surprising site owners and webmasters alike) is discovering that your web site looks different with different browsers. You must ensure that your web pages can be viewed in both Netscape, which has 13.6% of the market, and Internet Explorer (IE) with 85.6% market share (and the remaining small percentage are browsers like Opera).

Many a 'stunned owner' has opened their site at a client's location to find the browser used doesn't show the site correctly. To further complicate proper viewing of your site, there are multiple versions of each browser. In example IE 5.x has at 3 major least versions; while Netscape 4.5 has at least nine release versions. Each version has quirks that can result in viewing problems.

There are several "tests" to perform here… the simplest is to upload your site then view it with many different computers, including at least one computer that runs the AOL browser. Of course when you start inserting other variables, such an Apple computer or old versions of browsers, viewing can become even more interesting.


There are online resources such as NetMechanic.com, WebWiteGarage.com and Browser Tester (vnet.webprovider.com/tools/restester.htm) can help you with your browser compatibility. If you really have to know how each HTML tag varies between IE and Netscape visit: blooberry.com/indexdot/html/tagindex/a.htm.

Ready For Your Screen Test?

Screen resolution is another often overlooked issue. We have this "debate" with 90% of our clients. A site may look perfect on your webmasters 19" monitor, but when viewed with a laptop or 14" screen, you may find yourself having to scroll horizontally to see the entire content. This annoys your potential customers; so don't do it.

According to WebSnapshot.com, about 6.8% of your visitors still have 640x480 resolution.

Other web statistics estimate as high as 11% use the 640x480 screen size. In essence, you are causing approximately one out of ten visitors to your site to have to scroll to view your entire site. It is not worth doing this as many customers will elect to "click away" from your site; rather than scroll.

Mortgage Promote.com suggests you build your web site at 600 pixels, which will accommodate a 14" screen and easily print on an 8.5" x 11" sheet of paper.

Do You Want Your Customers To Get The Really Big Picture?

Many mortgage web site owners want to provide many features to customers, such as calculators, online applications and interest rate monitoring, and have images for each element. Images are an integral component of almost all web sites. Unfortunately sometime the file size of an image, or the total number of images, can be so large that it takes longer to load the image(s), than your entire web site. Most good graphic artists understand how to optimize image size using a program like Adobe's PhotoShop.

With your mortgage site, you have to be sensitive to both file size and overall image display size. Very large graphics, or too many graphics, can take excessive time to load. Often, you can improve load time by scaling them down. An online resource to minimize your image size can be found at NetMechanic, GifWizard.com or at GifOptimizer.com. All of these sites allow you to upload your image and then they will automatically reduce the size of the image to allow it load faster.

Are Your Links Solid?

Another common problem with evolving mortgage sites is that as web pages are added, updated and deleted, sometimes not all hyperlinks are updated as well. At JimTools.com you will find a handy link checker to easily identify dead links. GifWizard.com also offers a link check utility. We suggest you run this tool every time you upload new pages.

HTML Validation

There are many online programs that will check the validity of your HTML. Among them are WebSiteGarage.com, JimTools.com, NetMechanic.com, Doctor HTML
(drhtml.imagiware.com)

HTML validators find common HTML code errors, suggests appropriate fixes for most errors, and often generates a repaired file for you to upload. One problem with most of the validation programs are the hundreds of lines of errors they will find when encountering proprietary tags used by programs such as Cold Fusion (Allaire.com) or FrontPage 2000 (Microsoft.com).

He Ain't Heavy, He's My Web Page

There are numerous opinions as to how large a web page should be, with most opinions agreeing that the total file size (images and content) should not be larger than 30k-60k. If your pages are greater than this (especially for those still using 28k modems) may cause visitors to leave because your page just takes too long to load.

If you find you have web pages that take too long to load, consider creating multiple web pages rather than one large page, to minimize the load burden. WebSiteGarage.com offers the following analysis of load times: Excellent <10 seconds; Good 10 - 20 seconds; Fair 20 - 30 seconds; Poor >30 seconds. NetMechanic.com and WebSiteGarage.com both offer a load time checker.

Chek Yur Speling

There are numerous online sites that will check the spelling on your site, including bCentral (siteowner.bcentral.com) and JimTools.com. Additionally many HTML editors such as NoteTab (NoteTab.com) or FrontPage have spell checking capabilities built into their software.

Vroom! Vroom!

In short, there are many excellent software programs, online utilities and helpful web sites to aid you in tuning your site. Once you have utilized these many online resources; your web site should run perfectly.

For online mortgage leads please visit our mortgage leads page.

Originally published February 2001

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How To Really Monitor The Effectiveness Of Your Site

Understanding your web sites performance is more than just reviewing how many 'hits' you have had in a day. Do you really know from where your site is receiving traffic? How effective is your online marketing program? How in depth are your visitors going into your site? How long does a typical visitor stay on your site? What is the most frequent entry page? What is the most frequent exit page? If you don't know the answers to these questions, your mortgage web site is probably not performing as well as it can.

Knock, Knock.

When visitors 'knock' on your web site door, most mortgage owners don't know the exact reason why the potential is there. It could be for refinance, new home loan, or a home equity loan. We will examine a way to learn more about your visitors.

Just What Are Hits?

Before we get too far, just a quick primer on the term "hits." Some counters call a "hit" every time any file is accessed. So if you have a web page with one picture (say a logo) that is placed on a web page. Every time it is accessed; that is two hits (the page plus the picture). And if you have a web page with 10 pictures, that totals eleven hits (the page, plus the 10 pictures). As you can see, when someone says he is getting 1,000 hits a day, it could really be only a 100 visitors... so if use a counter, make sure it counts visitors, not hits.

You Are Visitor Number…

'Visitor counters' allow you to tell how many 'unique visitors' (not hits) you have on a monthly basis. Unfortunately using visitor counter data is an ineffective way to manage and understand your web site. Using a visitor counter is like driving with your rear window covered - you can tell your going forward, but can only use your side mirrors to see where you have been.

I Will Show You Mine. You Don't Have To Show Me Yours.

Assume you have installed a visible visitor counter (one you can see - typically at the bottom of the page) on your web page and it states, "You are the 54th (or 54,000th) visitor." In most cases, assuming you started the counter at zero, your visible counter is now providing your competitor with vital proprietary information. If your competitor sees you have had 54,000 visitors; they may copy your content. Conversely, if a potential customer arrives and finds they are visitor number 54 they may ask why they are at such an unsuccessful site. You can't win with visible hit counters, so don't use them. Use log analysis software instead.

What Is Log Analysis?

Hit counters function like headlines; giving you just a bit of the story. While log software performs an in-depth analysis of 'your headlines' complete with details of each movement of your visitor. Logs are the software tools that let you see through the back window AND ahead to where you are going. Log software captures vital data about your visitors including such factors as…

What Are The Top Entry Pages To My Site?

Most people believe everyone comes in through the front door, (i.e. the main page of your web site). In analyzing hundreds of web sites, we find that for a typical site as much as 50% of the traffic actually enters via a web page other than your main page. Here is an example: assume you have home loans as your main business but also offer home equity loans. The home equity loans web page is rich with relevant 'home equity' keywords and thus more likely to get ranked higher in the search engines than your main page (which is emphasizing home loans). Since this page is ranked higher, it is more likely someone will enter on this page…instead of your main page.

When you analyze your logs, if you see you had 5,000 unique visitors and 1,000 came in through the home equity loan page, you may want to emphasize home equity loans.

What Are The Top Exit Pages To My Site?

Log software will also let you know which page is the most likely exit page. For example, if you have a "contact us" page and find that 40% of your people leaving the site; you may need to examine this closely. Maybe this "contact us" page is not secure or you are asking for too much information. Whatever the reason, by knowing this is a top exit page, you can edit this page until it is more customer friendly.

How Long Are Visitors Really Staying On My Loan Site?

According to the latest studies, the typical web surfer spends 51 seconds on a site. Sites that earn the most revenue average over 3 minutes per visitor. This would generally indicate that better performing sites have quality content and information and customers are staying to learn more before purchasing.

If you find your average visitor to your site spends less than three minutes on your site, you need to rework your content.

What Are My Visitors Looking For?

By examining which search terms were entered in the search engines (and subsequently brought your visitor to your site) your can determine what your customers are really seeking. For example, if you have a home loan site, but find a substantial number of visitors arriving after typing "VA loans," you may decide to place more emphasis on Veteran's Administration loans.

How Many Visitors Really Read My "President's Greeting"?

Often when a web site owner creates a web page, they think, "This page will be read by everyone." When you examine your logs, you can see how many people really visit certain pages. We find that for loan sites, only about 1.5% of all visitors ever go to the "Privacy Information" page.

What Log Software Can I Use To Analyze My Marketing Effectiveness?
Today, you have access to a wide range of analytical software. Some of the software is free like ExtremeTracking (http://www.extreme-dm.com/tracking/), but it allows everyone, including your competitors to see your data. Other software is far more sophisticated such as WebTrends Live (http://www.webtrendslive.com/), Super Stats (http://www.superstats.com/), Live Stat (http://www.livestat.com/) or the BellaCoola Web Hound (http://www.bellacoola.com/).
The higher end software offers a wide range of reports, which will identify web visitor trends, untapped market segments and help evaluate the success of your various marketing campaigns.

I Know Who's There!

After implementing log software, when customers now knock on your door, you will know who's there. You will be able to help customers understand your site better, because you understand your customer better.

For online mortgage leads please visit our mortgage leads page.

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Everything I Needed to Know About Web Sites I Learned by Listening to the Radio


You can learn a lot about what to do, and what not to do, by listening to the radio. Here are a few songs you can listen to "On The Radio" (Donna Summer) that can also help you with your web site. And you don't even have to play them backwards to learn the lesson available from each tune. And now the TOP 10 songs…

"What's Going On?" (Marvin Gaye)

There was a time, not too long ago, when we first started to hear about the internet and we wondered what it was and if it could apply to us.

Music lesson: Of course our clients know what is going on and are using the internet, so you must have a web site.

"Stairway To Heaven" (Led Zeppelin)

Initially, when starting we first decide to build a web site, we believed it will lead to the land of riches for our loan company; but soon we find out that there are a lot of other groups we are competing against.

Music lesson: As in the real world, hard work, marketing, good rates and a bit of luck can lead to success.

"My Way" (Frank Sinatra)

One of the more important lessons we learn form the radio is about the content we provide on our site. At first, many loan companies put up a 'corporate brochure' site, complete with the President's greeting and message to shareholders.

Unfortunately, the shareholders aren't our audience and our customers don't really care as much as about what the President has to say as compared to what interest rates the President has to offer.

Music lesson: It is not what the President wants, it is what the consumer wants.

"I Want To Hold Your Hand" (Beatles)

Many sites attempt a nonconformist design method by doing such things as putting the navigation bar on the right or using drop-down java script boxes to allow visitors to find their way around your site. Your visitors are not searching for the answer to "what happened to Elvis"; they are attempting to find information about your rates and your company.

Music lesson: Make it easy to navigate and your visitors will stay longer. Use left hand navigation or top navigation with words that are easy to understand.

"Respect" (Aretha Franklin)

Aretha knows a little bit about Internet marketing to your loan customers. When designing your site, respect what your customer wants, and respect their time, by placing your most important information first.

Music lesson: Aretha knows what your customer wants - you should too.\

"I Am Woman" (Helen Reddy)

Once there was a time when Internet users were predominantly males, complete with pocket protectors, who listened to tinny sounding radio music from their home-made crystal radio set courtesy of Radio Shack. The latest studies now show between 50 and 53% of all US Internet users are female.

Music lesson: Use nonsexist language in your content and appeal to both men and women.

"What's Love Got To Do With It?" (Tina Turner)
"Let's Stay Together" (Al Green)

Long, long ago customers would come back to your loan company because you were local, they were loyal and you loved each other. In the more recent past, the 'local area' has expanded as your customers grab the yellow pages and call a couple of local loan brokers to find the 'best' rate for them. Rarely would these customers check with companies outside your city.
Due to the internet, the 'local area' is now worldwide. Now, in about the same time it used to take to call mortgage clients can find the rates for dozens and dozens of mortgage providers.

Music lesson: Loyalty, localism and love have been replaced by rates, information and global competition. If you want to gain the customers fleeting allegiance show your best rates and give them the best deal without forcing them to hunt your site.

"Whole Lot Of Shakin' Going On" (Jerry Lee Lewis)

Another problem with many early sites is the use of "Side B" animated images. These images are typically poor quality clipart and often are the mailbox opening and closing, opening and closing, opening and closing over and over. At one time these tacky images were done simply because your graphic designer could do it, but this eye candy distracts from the real message of your site - your rates and your company.

Recently, the degree of sophistication has improved with programs such as Flash by Macromedia. Flash is a very nice program producing sometimes stunning effects, except there can be one little problem - it requires your visitor to download a special program to view your site. If your site is done with Flash, and your visitor has to take the time to download this program in order to see the content of your site, they will may leave.

Music lesson: Design for show, content for dough.

"Time Is On My Side" (Rolling Stones)

Various internet studies reveal that the average visitor to a site spends less than a minute, including load times. Be sure to have a fast loading host with graphics and content that will appear quickly.

Music lesson: While some people may still enjoy hearing the long version of "In-a-gadda-da-vida" or" Rapper's Delight," most people are looking first for fast information. Be sure to also provide the full version for those who need all the information.

"Don't It Make My Brown Eyes Blue" (Crystal Gayle)

At some time, for all loan sites, there will come the revelation that you are not getting as much traffic as you want. You have spent much time and money on your site. Furthermore you find out that loan sites are a lot like one hit wonders ("Ice, Ice Baby" - Vanilla Ice), as most loan sites do not receive a lot of repeat visitors.

Music lesson: Make your site informative, lay it out in a manner convenient for your visitors and put all your best information up front to benefit your customers.

And when you do, you, and James Brown, will be singing "I Feel Good."

For online mortgage leads please visit our mortgage leads page.

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Everything I Needed To Know About Web Sites I Learned At The Movies

Movies can provide a bit of fantasy and adventure in our lives and sometimes even educate us a bit. And as you already know, not everything that happens in the movies is true or really occurs in the real world.

We have all heard the line, "If you build it, he (they) will come," from the Field of Dreams. And we have all found it not to be true. Here are a few more movie quotes that can also apply to your web site.

"We're on a mission from God." (The Blues Brothers)

Initially, when starting to build your first web site, the entire company becomes immobilized and becomes obsessed with the web design… nothing can stop you from 'getting on the net.' "It's Alive! It's Alive!" (Frankenstein)

When a mortgage site is finished, and then uploaded to the net, we feel an empowering sense of creation. We have created our own monster... or so we hope."Do you feel lucky?" (Dirty Harry)
The next problem presenting itself is getting found by our potential customers. The most common method is via the search engines and directories. If we don't achieve a top ranking, we will not be very lucky.

"You're shaggidelic, baby!" (Austin Powers: International Man of Mystery)

Once our web site is on the net (and being found), we expect our potential customers to all be very impressed; to be swept up in our visual prowess and easily submit applications to us. The problem is that often our web site can be easily compared with hundreds of other mortgage sites in just one click. If our site isn't 'shaggidelic' then with the next click our customer will be gone.

"Are you talking to ME?" (Taxi Driver)

Total personalization ('Welcome back, Mr. Farris') can't always be accomplished until after people register at our site. But mortgage sites need to be written in a friendly, informative, casual tone that makes our guest feel at home; as if we are actually chatting directly with our visitor.

Web sites that are composed by stiff corporate drones just don't do well. Try and put a little personality into your content and 'talk' to your potential customer.

"I will NOT be ignored!" (Glen Close in Fatal Attraction)

Sometimes we do things that make it hard to ignore our site, like putting flashing, twirling, spinning or glowing graphics pulsating everywhere. But much like the Glen Close character, customers do their best to ignore them and try and get away. Don't overpower your visitors with too much pizzazz; they are at your web site for information,…not exploding fireworks.

"Take me to bed or lose me forever." (Charlie to Maverick in Top Gun)

You have about 10-15 seconds to impress your first time visitor. Your site needs to load fast, be visually appealing (and within the very first screen view) state "what is in it" for the visitor.
You can not just put an application form on a site and expect people to fill it out. Customers like to be romanced a bit; with quality information, great rates, and hand holding customer service.

"I do wish we could chat longer, but I'm having an old friend for dinner." (Dr. Hannibal Lecter in Silence of the Lambs)

If you have site statistics on your web site, be sure to review how long your visitors stay on your site. A rough rule of thumb is if you average less than two and half minutes per visitor, then you either have uncompetitive interest rates or written content that does not meet your customer's expectations.

"I'll be back..." (Terminator)

Furthermore, most mortgage site owners think that people will somehow be compelled to return... again and again. If your site is CNN or Disney, the customer will be back. If you have a mortgage site, you only get one chance to impress your potential customer. They are not coming back. Because once they find a new loan, they won't need you for quite a few years.

"In (net)space no one can hear you scream." (Promo for Alien)

Many mortgage site owners find it hard to figure out why they are not getting the business they anticipate. You have spent considerable time and money and yet visitors and closed loans just aren't occurring as fast as you anticipate.

"I'll make him an offer he can't refuse." (Marlon Brando, The Godfather)

When a homeowner visits a mortgage site, the single fact most are seeking is the interest rate. These rates need to be easily found and predominantly featured on your site.

"Well, I don't think there is any question about it. It can only be attributable to human error." (HAL 9000 in 2001: A Space Odyssey)

The sad reality is when a web site doesn't perform well it is management's problem. Upper management must then correct and improve the web site so it meets the expectations and needs of their customers.

"I see dead people..." (Sixth Sense)

In the movie the Sixth Sense Bruce Willis is told a secret by his 10 year old patient; "I see dead people... they are everywhere." It seems the dead people just didn't know they were dead. It is the same on the net. Everywhere you look, you can see dead mortgage sites. They just don't know they are dead. The Box Office

As you can see there are many similarities between the movies and the Internet. However, many current mortgage web sites are living in a fantasy world and will never make a profit. Don't expect big profits without a cost-effective Internet marketing budget. It costs money to capture new customers, just like at the box office.

Next month we will turn our ears to the radio for more tips on mortgage web sites. When we asked Spock what he thought about this article, he replied,

"Fascinating," (The Search for Spock).

For online mortgage leads please visit our mortgage leads page.

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Tuesday, March 13, 2007

Survivor's Lessons For Your Mortgage Web Site

Well, now that we have survived the Survivor series, let's take a few minutes to review what we have learned from the 'real world' and how it applies to your digital mortgage web site.

Have A Strategy

"Begin with the end in mind," is an often repeated strategy. Most of the survivor castaways showed up on the island without a strategy and they were kicked off early. Some survivors 'winged it' and created a strategy as they went along; but the winner appeared to have a strategy from the onset. You need to have a strategy as well; and you need it before you start your web site to truly succeed.

Get A Name Easy To Remember… And Spell

The Survivors were divided into two teams with names something like 'Pagong' and 'Tagi' and 'Rattana' (is that two "t's" and one "n" or vice versa). Some say these were 'cool' names. But if these were web sites you would have to spell those for most of your customers. The same holds true for your domain name. If you get a name that is hard to remember or hard to spell, then you lose some customers who can't find you. Conversely, the web site, survivor.com - a software development firm was inundated with hundreds of thousands people looking for information on the Survivor show. I guess they have an easy-to-remember name.

Have The Right Tools

The Survivors had very few tools and could only create basic shelter. If they had more tools they would have built something more elaborate and safer. It is the same with your web site - quality software is easy to find; use it. Don't design an unprofessional looking web site.

You Have To Fish For Food - It Takes Viewers To Be Successful

When your web site first opens for business, often (always) you are not receiving the traffic you expected. The most common misperception we hear from our clients is that visitors are going to flock to their web site. If you want clients, you have to go get them. The fish didn't jump on the fire in Survivor; someone went and caught them. You have to market effectively and bring potential clients (fish) to your web site.

Sometimes You Have To Eat Grubs

At the inception of most sites, you will find you have to eat a few grubs, if you are going to stay in the race. Include a little extra 'staying power' in your web budget. And you may not always get those "A paper" clients, but it is better to eat a little sting ray than to go hungry.

Make It Personal (First Names) How Many Last Names Do You Know On The Show?

Any interesting occurrence on the TV show was that most of America ONLY knew the first names of the Survivors, but not the last name. If you have online loan applications, you may want to ask your customers how they preferred to be addressed: Mr. Farris, Robbie, Robert etc.

A Good Mud Bath Is Good For The Team

It takes a lot of effort, coordination, and talent to build great web sites. The politics from the various departments of your mortgage company often create stressed situations. The PR department wants 'wu-wu' graphics, the marketing wants to capture the email of each visitor, the IT department wants a fast loading site, and the owner wants a site that will generates profits.

When tensions get high, it may be good to assemble all the 'competing' parties together for a "mud bath,' where they have a chance to interact together.

A Tribal Council Occurs With Every Visitor; And You Don't Have A Vote

One of the more compelling features of the Survivor series was the 'Tribal Council' where at the end of every show, someone was voted off… oh, the suspense. A form of 'Tribal Council' occurs with every visitor to your web site. Your potential customer votes with their mouse click - and they vote within minutes of meeting you. Either they stay and fill out a form, send an e-mail, pick up the phone and call you, or they leave. At least in the Survivor show, those 'voted off' got to get a hot meal and shower…you don't get anything.

Moral of the story: give people what they want (interest rates, content, information), and they may vote for you.

If You Ask For Feedback, You May Not Like The Results

On the last Survivor show, Sue gave Kelly a bit of feedback. Kelly didn't like it or agree with all of it; but she may have become more aware of some of her traits.

Many web sites have customer feedback forms. Take the time to read the remarks you receive and re-evaluate your web site, especially if you have comments such as:
* Takes too long to load
* Hard to navigate
* I am not giving you my name and address until AFTER I see the interest rates
* Your interest rates are out of date
* I can get the same loan a half point cheaper at a hundred other web sites.

If You Win The Game, There Is A Big Prize

Survivor was called a 'reality' show. Here is another bit of reality… there are thousands of home loan web sites on the net. It is likely that only a few are going to be very successful. Some will do well but most mortgage sites are going to struggle. However, if you have a professional looking web site, obtain optimal rankings in the search engines, have a marketing strategy that works, great customer service, competitive rates…you could win the game. The survivors in the virtual world receive a substantial number of closed loans.

Can Your Company Survive On The Net?

Too many mortgage companies contact us with a lackluster attitude like, "We just want to see if this Internet thing will work". These uncommitted companies will never be successful on the Net.

It is one thing to 'survive' the Survivor show. It is another (more grueling task) to 'survive' the future of online mortgage lending.

For online mortgage leads please visit our mortgage leads page.



Survivor's Lessons For Your Mortgage Web Site
Originally published October 2000

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Building Trust With Your Web Site

Linda (a potential client) and I were chatting about what makes a quality web site. We were having a difficult time quantifying 'quality," until I asked her what was the last web site that met all of her needs.

With that thought, Linda was off and running. Linda told me she was recently searching for a hot tub to purchase and said, "This particular web site includes testimonials from credible sources, a professional picture of the factory along with photographs of the staff. They also offered a comprehensive FAQ information page. They had extensive information on how their hot tubs are constructed and why they are a better value than others. Additionally they provided a checklist of items to consider before I buy so there would be no problems. "

"It looked like I could trust them; so I ordered from them." Linda then paused and said, "And I also told my friends."

Got Trust?

"Great testimonial," I replied. "It sounds like your degree of trust and the content of the site influenced your decision to buy. Now let's look at your mortgage web site and see how many of these qualities you have present." I could tell by the silence that Linda just realized that her web site was missing most of these key components.

60% Of Buyers Buy Within 30 Minutes!
80% Of Buyers Buy Within A Day!

eMarketer.com recently had a very compelling article somewhat related to trusting a web site:

CLICKS TO CONVERSION HAPPEN QUICKLY: According to the new Q2 2000 Online Advertising Report from AdKnowledge, most conversions of click-throughs into sales happen very quickly. Sixty percent of conversions for first time customers occur within the first half hour. After that, the share that will click-through diminishes rapidly. Another 9% will convert before an hour is up. Within a day, 80% have converted. Only 1% will of click-throughs will happen at the end of 30 days."

Love At First Site

If someone is going to buy, 60% of them buy in the first 30 minutes, 70% within an hour of visiting your site and 80% that same day. I believe you can assume that many visitors must have made up their minds with the first screen view of your web site: the 'love at first site' syndrome. That first screen view has to be good.

A Good Design Is Not Enough

A mortgage web site is entrusted with the largest financial transaction most people will ever make. Of course you need great rates and customer service; but your site must communicate professionalism, competency and trust.

A web site full of 'graphic wu-wu,' and 'animated testosterone' alone won't do it. It is the written content that is your sales tool. It is your content that builds trust. It is your content that educates, informs, comforts, cuddles, tickles, persuades and entices your visitors to become clients. To paraphrase an En Vogue song title, you "Gotta give them something they can feel."

Instant Trust Leads To Internet Sales!

I shared with Linda that you not only need to 'sell trust' on your web site; you also need to create 'instant trust,' the same way she instantly trusted that hot tub site. The best way to create 'instant trust', is to 'Design for show, content for dough.'

Visitors have come to expect a minimum degree of aesthetic competency when visiting a site. In order to get your visitors to read your content, you must create a web site that (on a visual pass/fail scale) will muster at least a 'passing grade.' If your site looks crummy, visitors are less likely to read your content.

Internet Marketing Is Only The Beginning

We conduct corporate training & mortgage seminars where we emphasize that the sales on your web site do not conclude when Internet marketing efforts drop visitors at the front door…it only begins there. While it is very important to deliver visitors to your site; it is 'what you say' and 'how you say it' once a customer arrives that is even more important. This is what determines if a visitor turns into a client.

Elements Of Trust

A successful web sites meets the expectations of the visitor. At a minimum, the following elements need to be included on your web site in order to communicate trustworthiness:

* Your company name, phone number and email contact on every web page.
* Testimonials from past customers.
* Photo of current employees.
* An information page about your company so that people can learn about you (ie. people buy from people they know and like).
* Interest rates that are current…as of today.
* An overview of all the type of loans you offer.
* A consistent navigational bar so people can conveniently roam your site.
* A professional appearance in which the theme is carried out through your entire web site.
* Clean, crisp graphics. No animated graphics.
* Provide not only concise, easy to find information; but also provide more elaborate details for those who 'really have to know."
* Friendly, easy to read, and understand content.
* Bonus information: provide content that differentiates your company from others. Examples might be articles on how to save money by having a 15 year loan or why it may be more cost effective to pay a point or two extra to get a lower interest rate.

Linda agreed to include all these elements in her site, as I asked her, "Now, who are you going to trust with your mortgage web site?"

For online mortgage leads please visit our mortgage leads page.


Building Trust With Your Web Site
Originally published September 2000

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Mortgage Web Site Myths

Confusion exists on the Internet, because it is so new. Conjecture, once quoted, becomes folklore. These factors lead to misperceptions on the Internet such as:

* The Internet is one big brochure.
* I must have a 'fresh' site.
* Visitors will take the time to read my site.
* Customers will easily find me.
* I will test the net first to see if it really works.
* I need some of those whirling, twirling graphics on my site.
* I must submit to every known search engine in the universe.
* I must provide outbound links for my clients.
* If my site is good, my visitors won't mind waiting just a bit.
* A .net domain is just as good as a .com domain.
* Only large sites succeed.

So if you don't want your site to be recalled only via tribal memory from stories told by your web master; you need to be aware of the following. Here are a few Internet myths that impact companies specializing in mortgage loans.

"I Put My Brochure Up On The Net."

The letters www used to stand for 'world wide web'; now it stands for 'what we want'. Mortgage sites can no longer put up what they want to tell the customer, they have to include information as to what the clients are seeking.

Moral: What works in the real world, doesn't work on the net.

Fresh Mortgage Site

Many web site owners feel they have to keep the information 'fresh' on their site, constantly updating content. Well, if you are CNN or a stock quote site this makes sense. But for most mortgage sites you only get one shot at a visitor. Your potential customer is not returning time and time again to your site. You need to put your best information on your site and leave it alone until you have better information.

Tip: The only item that requires 'fresh' content are your mortgage rates.

Fire All Of Your Guns At Once, And Explode Into Netspace.

Your web site may have hundreds of pages, great information and fantastic rates, but your customer has little time to read your site. An April 2000 study by Nielsen/NetRatings found that people spent as little as two minutes on the most successful movie web sites. This is for an entertainment, so you would expect a visitor to take their time and have a leisurely stroll through the movie site. Now imagine how long visitors will spend on your site. You have about 30 seconds to convince the user to stay and go deeper.

In the first paragraph have an entire overview of your site. An example might read: This web site provides new home loans and refinancing starting at 6.5%. Additionally VA and FHA loans are available. Bad credit loans and second trust deeds are currently not available from our company. You can email us at info@thisdomain.com or call our toll free number 800-OUR-RATES.

Moral: fire all of your guns at once. Put your most important message first…at the top of the page.

"People Will Easily Find Me."

A quick check of a major search engine, AltaVista.com shows 1.5 million web pages with the word "loans" on them and 115,000 web pages with the specific phrase "home loans". It is a competitive with over 300,000 new web pages added every day, many of them in financial services.

Moral: Marketing on the net is harder than the real world, but can be more productive.

"I Will Dip My Toe In The Water First…"

I can get by with a low cost site. A poorly designed site communicates a less professional company to your potential customers. With the opportunity to earn $1,000 to $5,000 in commissions per loan, be sure not cut corners in your appearance.

Design For Show, Content For Dough

A study by the Stanford Poynter Project (using the same technological gear to track internet user eye movements that the Air Force uses to monitor pilot eye movements) found the following:

Web Page Element % Viewing Element

Article text 92%
Article summaries 82%
Photographs 64%
Graphics 22%

Moral: Content is what people are seeking. Keep your headlines simple and to the point. Have nice graphics…but don't overdo it.

If Submission To One Search Engine Is Good, Submission To 1,000 Is Great.

The major search portals (Yahoo, HotBot, Lycos etc.) will account for 99% of your search engine traffic.

Moral: Submissions to hundreds of lesser engines will account for 99% of your inbound spam email.

It Pays To Be Popular

Several major search portals, including Google.com (which now supplies Yahoo with findings) and Snap.com use link popularity as an indicator of how 'important' a site is. The greater number of quality links to your site, the higher your rankings will be in these engines.

Moral: spend time getting quality links as part of your marketing effort.

They Check In But They Don't Check Out

Once your customer arrives at your site, you do not want to make other sites 'popular'. You do not want to make an easy way for your potential clients to leave you so eliminate or minimize links to sites that don't benefit your site directly. Common examples of this include links to Netscape or Internet Explorer; links to nonprofit associations, etc.

Moral: Keep your customers on your web site; do not let them check out.

Fine Wine Gets Better With Waiting, But Not Your Customers

Your web designer says that this introduction is "worth the wait". It whirls and twirls and plays cool music. Mortgage customers are coming for mortgage information, not entertainment.

Moral: Flashy stuff builds the ego of web designers. It does not create income for mortgage web site owners

Is A .Net Domain Good Just As Good As .Com?

A few domain facts: Over 75% of all domain names registered end in*.com.
About 14 million domains names have been registered to date (meaning if you are looking for a good domain name, you are probably too late).
For the first quarter of 2000 about 5 million domains were taken; that is about 39 domains a minute are acquired.

With these facts, many look to 'lesser' extensions (*.net, *.org etc.) in hopes of getting a decent descriptive domain name. The problem is that with so many *.com names, people assume your name is *.com, even if you tell them it is myloandomain.net. They will actually hear myloandomain.com and go visit your competitor.

Moral: a *.com name is the best option. You may have to examine buying a domain name from a domain broker to get the correct descriptive name for your site.

Only Large Sites Succeed.

You can create your own success story and dispel the myth that only large sites succeed if you budget both the needed monies and time to have a strong Internet presence. But just like the real world, the Internet is a competitive arena; especially for mortgage companies.

Tip: Give your customers what they want: information on rates and programs. Eliminate confusion on your web site. A clean, effective, and content rich web page produces more business than flash and whirls. A mortgage company specializing and focusing on their niche can outperform much larger companies due to the power of the net.

For online mortgage leads please visit our mortgage leads page.


Mortgage Web Site Myths
Originally published August 2000

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How to LOSE Business on the Net

Large Graphics

You have to remember that only about 5% of all Americans have high-speed Internet access. The other 95% are still using 56k or less dial-up modems. So do you market toward only 5% of the US population? The answer is no!!

Web surfers have the need for speed. Yet far too many home pages open with graphically heavy home pages that load slowly and make no contribution to the effectiveness of the page. In most cases, your home page should be 20K or less in file size - including graphics. Spinning globes, scrolling text, large company logos, etc., all take up precious real estate that could be better utilized for benefit-related information.

"Welcome to My Site"

This is also another killer of web sites…the famous "Welcome to My Site". Phrases like this, repetition of your company name and other self-serving statements only cloud your main message. Remember you are selling loans…keep this in mind. Your home page and virtually every other page on your site should begin with a compelling, stimulating, interest-generating, headline or opening equivalent that tells your viewers what's in it for them.

External Links

This is equivalent to having an office door that leads to a choice of doors that go to other businesses. When a potential customer arrives, why give that person an immediate opportunity to leave and never return? If you must link externally, do it on a page that can only be accessed after viewing the important pages on your site. It costs thousands of marketing dollars to get a new customer to your web site, why send them to Amazon.com to buy a book (and you make $2.00 in commission).

Scrolling Marquees, Counters, etc.

There was a time when these things were new and unusual. They are now like having "bell bottom pants" (they were once hip…but now they are passé). And in many cases, they are very distracting and annoying. Counters especially have lost their usefulness. They are self-serving devices that have no purpose because most visitors really don't care how many alleged hits your site has gotten. If it doesn't help sell mortgage loans…leave it off.

Typos or Grammatical Errors

Seems obvious, yet many web pages contain common spelling and grammatical errors. Your written page is a reflection of your professionalism (or lack of it), your attention to detail (or lack of it) and your commitment to excellence (or lack of it). Why give visitors any reason to doubt you? Use spelling and grammar checkers to make sure your copy is first-rate.

Framed Pages

If you don't know what they are, then ask your web master or designer. Many older web browsers do not support frames. Many search engines do not index them properly. Many frames require scrolling to read the text and activate links. Frame scrolling bars also take up precious real estate. Frames don't bookmark properly. Enough said?

Don't use frames. And the funny thing is about 90% of mortgage web sites we review USE frames. Now you wonder why these companies do not get much Internet business" Site Under Construction "

What good does a web page that is not finished do for your visitors? It just wastes their time and could possibly frustrate or annoy them. Every page on your site should have a purpose or reason why it's there. Every page should also have a call to action - what you want the visitor to do after reading the information.

Broken Links

How many times have you clicked on a hyperlink and the page went nowhere? What did you think of that web site. Unprofessional, lacking in detail, does not check their work; these are all the things you do NOT want a prospective loan customer to think about your company.

Broken links means broken (lost business). One broken link can cost your company a prospective customer…worth thousands of dollars.

Missing Graphics

This should also be obvious, but missing graphics are all over the Web - even on professional sites whose owners should know better.

Same thing goes as broken links. CHECK YOUR WORK. The Internet is extremely competitive and you need every item stacked in your favor.

Incomplete Contact Information

It's amazing how many companies try to remain anonymous and then expect people to do business with them. This is even more important when you trying help someone with the largest financial transition in their lives. Remember this is not like buying a book Amazon.com. To maximize your credibility and believability, you need a 1-800 phone number on every web page.

Someone is NOT going to fill out a loan application for $300,000 without talking to someone…would you?? Do not expect your customers to do something you would not do.

Plug-Ins/JavaScript Pop-Up Windows

We have all experienced these pop-up windows and some of the top mortgage sites use them. Why? I have no idea because they are annoying and confusing. It is like having a billboard pop up in front of your face. And the worst pop-up windows are the ones that KEEP popping up every time you revisit the Home page. Why make it unpleasant for visitors to see what you offer?

Plug-ins are another major error many people put on their web sites. Most people will not take the time to load plug-ins to view or do something at your site unless you give them a great reason to do so. They'll just click away. Plug-ins will discussed in detail in another article.

For online mortgage leads please visit our mortgage leads page.


How to LOSE Business on the Net
Originally published July 2000

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Tracking Your Internet Customers

Do you understand who your Internet visitors are? If you don't, then you really don't know the quality of your traffic. And, if you're not getting the quality you need, then your sales, leads, etc., aren't where they should be.

Website traffic analysis may be the single most important key to getting better results from your web site. The main problem is very few companies actually review or know how to interpret their Internet traffic results. Understanding the traffic at your web site and making change are critical to getting profitable results from your corporate mortgage web site.

Focus on the goals for your site and analyze the number of qualified visitors you get by analyzing your traffic results. Here are some tips to help.

Boost Web Site Results

Develop quantifiable goals for your site, such as numbers of online sales, qualified leads, 1-800 inquires, etc. Your log files are the key to understanding the number of unique visitors, how they use your site, and results. Tracking your visitors in terms of how long they stay at your site, how they move around, and whether they do what you want at your site is the key to fine tuning your site to make it generate the results you want.

Most traffic tracking programs are located on your hosting company servers (WebTrends.com is the most used, but there are many other good programs). The top hosting providers provide this traffic information at no additional cost per month. The low-cost hosting providers do not provide this traffic service. And just like everything in life…you get what you pay for.

Check carefully the written content of our most popular web pages and the less popular pages. What do these popular pages have in common, if anything? What do the less popular pages have in common? Is there a content problem or a navigation problem? Pinpoint exactly what's happening and take action to adjust your content to draw more visitors to these less popular pages. Or replace with content that's more compelling.

"What's In It For Me?"

Remember the main customer credo for all types of marketing,"What's in it for me". The customer wants to know how YOUR web site will satisfy THEIR wants/needs. If your written content does not compel your customer to take action (i.e. contact your company for a loan); you are just wasting your time on the Net.

Take note of how updates or changes to the site affect visitor activity. More specifically, note if these changes affect only the number of visitors. Or do you see changes relative to increased number of sales leads, applications, etc.? Measure changes in terms of the goals of the site, not just absolute numbers of visitors or hits.

Read between the lines to better understand your visitors. For example, time of day your site is accessed will help identify if visitors are at home or at work. Many home users use a 28.8k or 56k modem speed (over 90% of all Americans have low-speed modem access). If your visits are short, you need to reduce heavy graphics on your web site (remember the "10 seconds to glory rule" that we have discussed in previous articles). Also make sure your web-hosting server responds quickly. Having a slow hosting provider can be costing your company lost customers…everyday. No one is going to wait over 30+ seconds for your web page to load.

Your Target Customer

You may be surprised at how much you can improve your site results by understanding more about your visitor actions at your corporate web site. Develop a profile of your visitors. Understand not only who visits your site, but also why they visit. What pages do they view? Where do they come from? Make changes accordingly in terms of the loan products you offer.

Is this the "target customer" you're after? If not, why not and what changes can be made to get your target customer to visit? Find out how each buyer or lead found your site. You can ask this on your order or lead generation form. But, if they don't tell you, you can check your tracking program for this information.

Test Advertising Sources

Understanding your traffic results from real world advertising (i.e. newspapers, radio, television, etc) is very important. Figure out what publicity or marketing efforts generate the desired activity at your site rather than just what increases hits.

Analyze your traffic to see what places are working best for advertising. Find out which advertisers sent traffic and what traffic became business. In fact, if you're not tracking your advertising results, you're wasting your Internet marketing dollars.

And isn't generating new business the main reason why your company is on the Internet in the first place??

For online mortgage leads please visit our mortgage leads page.


Tracking Your Internet Customers
Originally published June 2000

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How NOT To Internet Your Mortgage Web Site

Web Site Marketing And Promotion

Sometimes it is easier to inform people as to what not to do, rather than what to do… Don’t play in the street, don’t touch that and don’t take up smoking... It is just so much simpler to say, “No, don’t do that,” than to state all the reasons behind the “don’t” statement. The person saying “don’t” usually has more experience and has witnessed an adverse outcome of the event. They just know that you ‘shouldn’t do it’. And whether you like it or not, they are willing to share their expertise with you.

This is the fourth in a series of articles on “How NOT To Internet Your Mortgage Web Site.”

* Web site planning phase (first article)
* Web design and development second article)
* Writing effective and compelling content (last month’s article)
* Web site marketing and promotion. (this article)
* And other Internet tips and hints.

These articles will help your mortgage company learn from the mistakes of other web sites. You will see what your on-line competitors have done correctly and incorrectly. You will see what you can do to prevent these same mistakes from occurring to your company, including…

Don’t Forget The Cheshire Cat Lesson

Just what does the Cheshire Cat know about Internet marketing that many web site owners do not? In the book Alice in Wonderland, Alice is lost and comes across the Cheshire Cat to help provide direction.

The Cheshire Cat only grinned when he saw Alice. "Cheshire Puss," she began, rather timidly, as the cat only grinned a little wider.

"He's pleased so far," thought Alice, and she went on.

"Would you tell me, please dear Cheshire Puss, which way I ought to go from here?'"

"That depends a good deal on where you want to get to," said the Cat.

"I don't much care where" said Alice.

"Then it doesn't matter which way you go," said the Cat.

This is how most mortgage company owners market on the Net... they create a web site and hope they go in the correct direction, not really knowing where they are going.

* Having a web site does not guarantee receiving customers.

* And Internet marketing is not real like real world marketing.

So, Just What Is Internet Marketing?

Internet marketing is about understanding why consumers come to your web site then creating a web site that offers what your customers want. The most commonly cited reasons as to why consumers shop your mortgage web site are: convenience, price, vendor information, ‘no sales pressure’ and time savings.

Your web site must offer as many of these factors to your customers as possible, as your customers know where they are going.

Internet marketing is communicating with qualified prospects in the most effective way possible and creating 'buy now' reactions. Internet marketing is about driving targeted traffic directly to your web site and having compelling content to cause a “sale” to occur.

Don’t Break The Chain

Internet marketing controls the interaction between the five key elements of a successful web site:

Products - Service || Price Quality || Design - Layout || Information - Content || Traffic - Marketing

It takes a series of events to even have a chance of having a successful web site. Offering the service or product that your customers want; having a notable price and good quality; create the web site ‘look and feel’ while providing easy to use navigation; creating compelling content by including the information your visitor needs and using Internet market to drive traffic to your mortgage site.

If just one of these critical items are missing; your site will not be productive. Online marketing is part art, part science, part technique with a good dose of 'the right words at the right time' thrown in… Internet marketing is about reaching out on a one-to-one basis and influencing each customer during each visit. It is also important to note…

What Internet Marketing Isn’t

Internet marketing is really not about banners or offline advertising or linking strategies... those may have some importance, but Internet marketing is the ability to make people click onto your web site. Banners have dreadful click-through ratios. Offline advertising efforts such as including your web and e-mail address on all business cards, brochures, print, radio, TV, letterhead, trade show booths, press releases and other promotional activities; still requires that your customer remember your web address and then visit at a later date. Linking strategies often involve reciprocal linking, causing you to lose as many customers as you received.

For many companies, Internet marketing is about the ability to obtain high rankings in the search engines and directories.

Don’t Assume Search Engines Will Find You

We have a good friend, Jeff, who is a mortgage broker. He has had his web site up for nine months. Jeff told me that the only people visiting his site were a couple of customers he told and his own staff. He wondered when the search engines would list his site. I asked if he submitted his site to the search engines; he paused and said, “You have to tell them? They just don’t find you?”

Nope… You have to go to each of the search engines and directories and use the “add URL” link to submit your web site. Each search engine will take 1-6 weeks to automatically index your site. Search directories, which review your site with humans, can range from 2 weeks to 6 months before they review your site.
So, Which Way Are You Going?

When you correctly design your web site and properly create your web marketing plan, you may even find the Cheshire Cat asking you for directions on the Net.

For online mortgage leads please visit our mortgage leads page.


How NOT To Internet Your Mortgage Web Site
Originally published May 2000

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Design For Show... Content For Dough

Are you looking to create more revenue from your web site? Then read on

Most people initially think web sites are about visual design the ol’ “A picture is worth a thousand words” quote. It’s not.

If you have been on the Net more than three months, you have seen enough spinning mortgage logo’s; endured 2.5 minute, multi-page introduction with the song “We are the champions” blaring over your speaker; and if you see one more “e-mail me” mail box opening and closing and opening and closing you are just going to

Here Is A Little Secret

People come to your mortgage site, because they want information about mortgages. If they wanted music, they would go to a music site. If they wanted to be entertained, they would go to Disney. Give your customer what they want information on mortgages; and they will give you what you want more closed transactions.

Design For Show... Content For Dough

Your design gets customers to read your site; your words get people to "buy" your site. If your design is obnoxious, people will leave and not read your content.

Hey, Here Is Another Little Secret

Writing for the net is umm, different. That is why you have to write umm, different.

If you have a mortgage site, and it looks and reads, like all the thousands of other mortgage sites; then you are going to find it hard to compel clients to use your loan services.

Delivering Your Net Message: One-To-One

While your goal may be to cause thousands of potential customers to come to your mortgage web site, remember every visit is one-to-one (a unique experience) so present yourself in an amiable manner, using a friendly tone in your writing, that speaks to each customer. And, when each of those thousands of potential customers, needs reasons to stay on your site those reasons are friendly content and the desired information.

I Will Show You Mine

One of the advantages of the Internet for the customer is that they can see ‘yours’ before you can see ‘theirs.’ So ‘yours’ better be pretty good. So, here is mine

This section addresses the content of your web site: how you write your words, how it is different from real world advertising, how to deliver your Internet message, what style to use in your Internet prose and how to build rapport with your potential customers).

What Do Your Mortgage Customers Want?

This is an easy answer they want everything. Your job is to provide short concise information and then allow more detailed information; should they desire more information. ‘Hook-em’ with the easy to read benefits, and then impress them with scope of your offer. Write the top of your page with the ‘easy to read’ information, but offer your customer a link to receive all the information they could possibly need. Your goal is to educate your customer to the point that they are ready to complete a loan application. By providing complete information, you will weed out those not interested; so the only calls you will receive are highly interested customers. Pretty powerful marketing if I say so myself.

R-E-S-P-E-C-TWhat Aretha Knows About Marketing.

Your customers' priorities must become your priorities when you design and write your web site. Two of your customers' major concerns are time and information.

Respect their priority of time and they will stay with you; providing you have relevant information.

Fire All Of Your Guns At Once, And Explode Into - Netspace

Your customers are seeking specific information and it must be delivered fast: both in loading time and in how easy it is to locate. Don’t coax, persuade, bait or cajole your customer in your opening paragraph. Deliver your benefit straight and fast. Show them what you have for them, and show it first. Read the first three lines on this page for an example of this.

Above The Fold

Wait, there is more Remember, your customers are searching for information they want. You need to give them your information 'above the fold,' in the first viewable part of the screen, not at the bottom of the viewable screen. The same way a newspaper places its headlines 'above the fold,' you must place your headlines at the top of the viewing screen.

Write in a “top down” manner, offering an executive summary at the top of your page, followed by more content, should they decide they need more.

You And Your Mortgage Client Are Gonna Be Friends

People not only buy what they want, they buy from people they like Your new visitors are looking for someone like you so give them a reason to like you. Of course you have to offer competitive interest rates or a fast close

Your customer has found your web site using a search engine. Let your customer kick off their shoes, get comfortable and stay awhile. Make them feel at home.

Oh Yeah, One More Thing

Once you write your perfect prose go back and add a few headlines. This also respects the ‘time’ factor of your customer, so they can skim and find the sections that most appeal to them. Not only add headlines that are informative but make them interesting; give your customer a reason to read your content.

OK, One Last Thing. (Well, Maybe Two, Or Three)

Writing content is much, much, much harder than design. It is hard to do and will take you a long time to ‘get it right’ (or is it ‘get it write’?). With all due respect to all the wonderful, award winning web designers out there and often receive a quality web design. The same does not hold true for net copywriters. Most people, even those skilled copywriters in the real world, have a difficult time writing for the Net.

All Of This? It Is Just The Beginning.

Well, there are just a few of the things you must do: to create compelling copy, to build trust, to entertain, to convey your message, to communicate your service and to allow people to like your web site

Well, I Have Shown You Mine

If you have made it this far, did it feel as if “we were talking” (yep, just you and me)? If so, then this was effective as that is what we wanted to accomplish. This is what you want to accomplish. You want to engage your mortgage customer, to compel them to take action.

A picture may be worth a thousand words, but a thousand words can be worth hundreds of thousands of dollars.


For online mortgage leads please visit our mortgage leads page.


Design For Show... Content For Dough
Originally published March 2000

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Navigating the High C's

Successful mortgage web sites just don’t happen. In fact success rarely happens if these nine important web elements are not followed. There are thousands of mortgage of web sites, most of which have the company CEO wondering, “Does this Internet thing really work?" In order to have a web site that is of service to your customers and actually produces revenue, you need to organize your web site development, at every stage, from creation through commerce.

Here Are The Necessary C’s To Success.

* Company
* Concept
* Customer
* *.com
* Creative
* Content
* Contact
* Commerce
* Critique
* Company

A successful web site starts with your company’s products or services. In the real world, price and service are important. On the Net, your price (interest rate) is exceptionally important because your customers can shop numerous mortgage sites in a single session.

Concept

What is do you want from your web site? Your vision for a web site begins in a conception stage. This is where the ‘blueprints’ for your site will be developed. A poorly planned web site is a burden on manpower and financial resources. You need to analyze what makes your company so different and unique from your competition (what is your unique selling position?).

Concentrate

Are you specializing in construction loans or VA loans? Then make all the necessary loan information available, because if you don’t, your customers will find the information elsewhere on the Net. Do not be too broad in your scope unless you can fully service each area. On the Net, niche sites that concentrate on their specialty tend to perform better than generic sites that try to sell everything to everyone.

Commitment

A successful web site initially starts with the president or owner of the company. Top management commitment to a strong web site presence is needed. A CEO needs to recognize the myriad of web site elements required for success and then weaving these competing and seemingly disjointed departments together.

The Internet is here to stay and will become a more and more important way to conduct mortgage business over the Net. Top management needs to a long-term perspective to effectively compete on the Internet. It is not, “we have a web site, where is all the new business?"

Customer

Too many web sites are created with the mortgage company in mind. You must spend time first in customer analysis, then in competitor analysis.

Customer analysis

Many mortgage firms think ‘WWW’ stand for ‘world wide web.’ It doesn’t; it stands for ‘what we want.’ And you better deliver what the customer wants. Your potential mortgage customer controls the mouse, and they decide if they will visit you or not, how long they will stay and if they will buy. You must have information the user wants; in a way the user finds easy to navigate and written in a manner to allow cause your customer to take action.

Competitor Analysis

Some of your competitors are very smart and talented. Visit their sites, learn from what they have done, to determine what to do, and more importantly what not to do.

What to do: An example, has a competitor installed a ‘mortgage rate watch’ to automatically email customers when interest rates hit a certain level?

What not to do: Has your competitor placed a full picture of your building on your main page and the company’s mission statement on the first page? Don’t do this; your customers are looking for loans, not ego’s.

*.com

Selecting your domain name is probably the most overlooked aspect of the Internet marketing process and certainly one of the most important components of obtaining rankings and creating an easy to spell, easy to remember name that customers can type in. A mistake in name selection can cost a company hundreds of thousands of lost revenues.

You must have a *.com domain name because if you say I am lowcosthomemortages.net, your customer may type lowcosthomemortages.com, sending business to your competitor.

Create

The creation of your web site is the most visible aspect of your effort. This is what your customer views and it should include the following design elements.

Conform

Web surfers have come to expect certain elements in a web site. If you have a navigational bar, it needs to be at the top or on the left hand side; not on the right hand side.

Clarity

Clear navigation is a must for a successful site. If you confuse, you lose.

Clean

Do not have flashing images or inconsistent looks.

Content

Your ability to create compelling content is what will cause your customers to use your service. No matter how pretty your site looks or no matter how many dancing graphics you have, it is your content and your skill in communicating the written word that will determine the success of your site.

Confidence

Your potential client must have confidence in your company in order. A poorly written site with sparse information will cause your visitor to go your competitors.

Comprehensive

Your site must be comprehensive and answer the questions your viewers want to know.

Clear

The content of your site must be clear and communicate what it is you have to offer.

Contact

Provide numerous ways for your customers to reach you; e-mail, fax, address, direct dial phone number and toll-free phone number.

Commerce

Mortgage companies that create a web presence do so to engage in commerce. This is what allows the company to be of service to the clients and thus earn revenue. In order to conduct commerce, you need clicks and customers.

Clicks

Your online and real world marketing efforts will determine how many clicks you receive to your site. High rankings in the search engines are a tremendously valuable source of leads, as well as any media advertising you do to drive traffic.

Customers

Customers are what happens when you have done everything right. Create a clean design with compelling content and a good product and you will capture customers.

Critique

Having a highly functioning web site is a never-ending project. You must constantly critique your web site and keep it current and competitive. Your best source of critique is from customer e-mail’s and phone calls. If you receive many customer questions such as, “Do you do loans for people with bad credit?” Then you must include this information on your site, whether you do or don’t. It will save you and your customer time.

And once you have accomplished all the above, that will make your web site very, very.... Cool


For online mortgage leads please visit our mortgage leads page.


Navigating the High C's
Originally published February 2000

Paving The Road Less Traveled...

The Journey of a Thousand Visitors (a day)…

OK, it was Michael’s mortgage company, he built it, he blazed the trail when interest rates were 15% and no one said he could make it -- but Mike did make it, and he still makes the all the decisions in his company. His business has grown to the point where he owned a two-story brick building and had grown to occupy both floors. Mike also had developed a great word-of-mouth client base. His company volume had stabilized over the last few years. And this year, it looked like volume might actually be off a bit; and Mike had noticed that decline.

But for whatever reason, maybe because he was busy with the mortgage business, Michael had been oblivious to the IBM ‘net’ commercials, barely noticed the transition from 800 numbers to the dot com web address in print ads and other than using $2.50 worth of time of his $20 AOL account to get stock prices, he just didn’t think this net thing was for real.

That was because Michael didn’t understand the net… yet. His journey was just beginning.

From The Mouth Of Babes.

That changed about three months ago when his daughter, Kenzie, was ‘online’ with her girlfriend. She was giggling and Michael casually said, “Kenz, why don’t you just call her?” Feverishly typing, without looking up, she said, “Dad, you are so… umm… so… 80’s... fer sure.” Hmm, at 44, Mike is probably more 70’s than 80’s, so that really stung, especially coming from a 13 year old. Then Kenzie sent the real zinger, “Dad, you don’t even have a domain name, I don’t have one, all my friends have one…”

Trying to make the best of a rapidly deteriorating conversation, Mike remembered how he spent his entire lunchtime looking for a favorite Peter Drucker book at the bookstore, but it wasn’t there. He challenged Kenzie to find the book by saying, “If the net is so powerful, find Drucker on Management.” She opened a new browser window, (“Hmm, how did she do that?” he wondered) went to Amazon.com, and while it was loading, asked her dad how to spell it. Kenzie then alt-tabbed back to her conversation browser with her friend. Four minutes later, she not only had the book Mike was seeking, but a list of every book Drucker ever wrote.

Time, Waits For No One.

“Gawd, four minutes… just four minutes” Mike said to himself, “I spent 10 times that amount looking at lunch and didn’t find it.” And then he thought, “I bet it works the same way for mortgages.”

Mike noticed the book is out of print but saw there was a special search feature to look for copies. Silently, Michael was impressed. His most precious business commodity, time, and his daughter just saved him a fistful. Mike almost was ready to ask Kenz to do the out-of-print search, but she is back into the conversation.

All Aboard.

That was the turning point. And Mike was always a man of action, so he broke down and thought he would start a new path... and ride the Internet wave to riches. So Mike spent a few bucks, well -- more than a few bucks, on one those guys with a pocket protector he ridiculed in high school and the geek built Mike’s new web site. It was pretty and colorful, had a mortgage calculator, an online application, even a cute little ‘cha-ching’ sound every time a web page opened, and, even better…

Mike’s wife approved. Plus the geek designer has said he won several design awards, and this site surely would win an award as well. Mike, started spending more time with his AOL account and soon realized the increased efficiency and sales production that a new web site could provide. He thought that this should allow him to finally layoff his sales manager, who hasn't sold a thing since the day Mike put him on salary. “Boy, this net really is worth it,” he mused to himself. Mike even stopped referring to the web designer as ‘geek’ and started calling him the ‘award winner.’

The site went up in less than 20 days. Then a week goes by... and no traffic. A month goes by... and not much traffic. “Hey, if I could build a company when interest rates were high, this should be simple,” he said to himself.

The counter on the site crept up to 87… Mike considered increasing Kenzie’s allowance just to click on his mortgage site, over and over, to increase the counter total so he is not so embarrassed in case anyone actually visits.

California Dreamin’

In Mike’s best, newfound netspeak he wondered, "Does the net suck?" or is it some sort of Karmic payback from the geek, for all the grief Mike gave him, and others like him, that is causing his site to flounder.

It was Monday morning and on Mike’s way to the coffee room he could overhear the new 20-something, Gen-X employee from the document processing and Mary, his cute, but closer to 40 than 20, executive secretary talking. The X-er was trying to impress Mary by attempting to use music to reach across the generation says, "Mary, have you seen our web site? I look it this weekend, and it is one of those California Dreamin' sites.”

“California dreamin’?” She replies.

“Yeah, you know, the only way you will get visitors to that site is to ‘get down on your knees and begin to pray...’”

Mary laughs and says, “What were you doing on the site?”

“My sister owns a company that specializes in creating Internet traffic. So we looked at it, she said the site really sucks and it would be nearly impossible to get visitors to the site from the search engines. Customers just won’t be able to find the site, the way it is structured now. Plus that ‘cha-ching’ sound has got to go.“

Mary responded, “Mike wanted that sound on there so people could think they are saving when they visit our site, but the only ‘cha-ching’ is what we paid to the geek. As far as getting found, you are telling me the only award it could win is the ‘Where's Waldo’ advanced version?”

Having heard enough, and softly remembering the line, ‘All the skies are grey,’ Mike startled them both as he came around the corner. X-er left, Mary tried to, but Mike wouldn’t let her go.

Mike didn’t like what he heard, he was frustrated and a bit impatient, but always had good business judgment, and said, “OK, Mary, ask his sister to come in and see me. We’ll see how good she is.” Mike was committed to making this site go; to creating an online presence.

An Interview With A Geek…

Two days later, Linda came to Mike’s office.

Linda didn’t look like too geekish, but once she opened her mouth, well, Mike knew that she knew what she was talking about.

“Michael, I don’t usually travel to clients offices, most of my consultations are in netspace; but you are in town, and my brother said you could really use the help... and I agree. Plus, I haven’t had to wear anything but shorts and t-shirts for the last three months, so this is a good change of pace for me.” Linda said.

She looked over Mike’s shoulder and saw the picture of his family, and books, lots of books… management books; and books on presidents, Nixon, FDR, Kennedy… Linda was probably close to Mike’s age, but dressed like a net person, polo shirt with her company’s logo, no brief case, and a casual approach. “Well, I could beat around the bush, but I looked at your site” she said, “and while it does look nice, it... it … umm, well, it sucks.”

“At least it looks nice…” Mike replied, thinking that ‘sucks’ really is a net word.

From Bricks To Clicks…

With that Linda politely smiled and went into a full-on geek/net/cyber dialogue, make that monologue.

“You know that web sites end in dot com? That .com doesn’t stand for communication, or commerce. It stands for competition, your competition. All the companies are trying to do what you are doing - attempting to convert from ‘bricks to clicks.’ Trying to leave the physical limitations behind and go electronic. Replacing clerical staff, replacing sales staff.”

“Yes!! Replace! Replace! Replace!” Michael said to himself, sounding a bit like that robot in Lost in Space.

Linda continued, “If you don't have a domain name, you don't exist. People think you are out-of-it. And you are losing your customers, because they are online - accessing your competitors.”

"Only about 7% of users really go beyond the first three pages of results," Linda said, “and I checked Infoseek this morning and it had 425,000 pages with ‘loans.’ And AltaVista has 680,000 pages with ‘loans.’ The search engine have proprietary algorithms that rank each page, and because your existing page is so graphic intensive, there isn’t much the search engines can grab onto to rank your page. I would guess, as nice as your site looks, you would be ranked around the bottom of this list, maybe number 416,000th… at best.” She was serious.

“And that is your major problem,” she said, “We have to get ‘eyeballs’ to your site. You have a site that is not going to generate traffic search engines. It is an Internet site, and you should attempt to use the Internet as the medium to deliver visitors. Sure, you can spend thousands of dollars off-line, but why not use the power of the Internet, to deliver targeted visitors, immediately, to your web page?”

Long Train Runnin…

“Michael, we have to pave the road less traveled.” Linda continued. “Let me give you an example.”

“Imagine you have a small town, isolated in the middle of nowhere, and off in the distance, 20 miles away, are train tracks and an occasional train. Your town needs tourism to survive. How much traffic are you going to get to your town from that train?”

Mike laughs, “Not much.” And he begins to see the similarity between this small town and his site.

“Ok, now imagine that this train now stops, 20 miles away, but there is a bus that people can catch from the train station to your city. There is a chance that some may get off the train, catch a bus, and visit your town. On the net, this is like using banner ads, and you may get some traffic, but still not much traffic.”

… Just A Click Away.

Linda continues, “Now imagine, waking up one day, and finding not only does the train go right through your town, but it stops at your town. And then discovering not only is there one track, but 8-10 tracks that now come across the empty plains and stop at your town. Each one of these tracks in a search engine and can deliver hundreds or thousands visitors every day. That is what happens when you get ranked in the search engines. The ‘railroad tracks’ are electronic, and can appear instantly. The road leading to your site is now paved, guiding visitors to your site.

When you get ranked in the engines, you are just a click away from a highly targeted visitor, coming down the track to stop at your domain. That is what optimizing a web site can do for business.”

Count Me In. Oops, Make That, Count Me Out.

“Let me address some other issues with your site. You know that counter, the one that says 91 (“Whoa, I am up to 91,” thought Mike, then he remembered he told his mother about the site as she just got online), that is pretty low. What is sad is that the 91 count probably is just you, your employees, probably even your mother (How did she know? Mike wondered).”

I Know What You Did Last Session…

“Get rid of the counter. If it is low, your visitor is going to wonder what they are doing there, and if it is high, your competitors are going to copy your site. There are better ways to monitor your visitors - they are logs, but we can discuss that later.”

Are You Sure You’re Secure?

“And your secure server, where you allow people to fill out the online application… you have to tell people that you have a secure site. It used to be only your psychiatrist would ask you if you are ‘secure’ now the whole world wants to know, so you better tell them your site in encrypted and they can safely give you the information you need.”

Animated Gifs Out Of Control.

“Let me comment on your graphics as well. Most of your graphics are nice, except for that little animated mailbox image that opens and closes, and opens and closes and opens and… Animated gifs are a ‘right of passage,’ sort of like Chicken Pox for a kid; you have it and then move on. It is when those animated gifs stick around and then these graphics become the Energizer Bunnies of the net, afflicted with Tourette’s Syndrome; yelling at you, screaming at you, begging you to notice the graphic, detracting the viewers eyes from the content of your site, the real reason why they visited. Get rid of the animated mail box, today.”

Sounds Like…

“While I am on the topic of things that may be annoying to your visitors, you know that little “cha-ching” sound you have that you probably think tells people they are saving money? Well, some people might interpret that as you are making money every time they open one of your web pages. Your web site should be what like what parents sometimes say to kids, ‘they are better to be seen not heard.’ So, the rule for music or sound effects, unless you are MTV or sell music, don't have music, or sounds, on your site. It gets worse when somebody tries to put what they like on a site, thinking everybody will like their music tastes -- nobody wants to listen to your niece tap dance the drum solo from In-a-gadda-da-vida... the long version, nor hear your parrot whistle the theme song from Gilligan's Island... you may like it, your visitors don't. Take the sound off, today. "

Linda hadn’t so much paused for a breath during her insightful, cutting analysis. Michael wondered what else could she say; the site was only 15 pages.

These Fingers Are Made For Clicking…

Linda paused, realizing she had been a bit harsh, and looked at Mike’s books again; looked for a bit of levity. “You know what JFK would say about a web site, about your web site?” Mike just shook his head ‘No.”

“He would say, ‘Ask not what your customer can do for you, but what you can do for your customer.’” Mike, wanted to roll his eyes, but he got the message.

With a joke to break up her delivery, Linda got back into the heavy analysis role, “I would venture that the person who designed your site was male.” Linda said. “It is a nice site, but the color scheme the graphics you used, well they reeked of old male chauvinism, especially that line you used which said, ‘As hard as you work to provide for your family, your wife, your children, you want the best for them.’ The latest Internet studies now put females at 50% of all users, and those nail polish coated fingers do a whole lot of clicking. You need to design a site that is appealing to both sexes.”

“Alright, I get the idea. I need to make a few changes. Let’s go back to the trainloads of people, this paving the road less traveled. How do we do that?” Michael asked.

What We Want.

“You know, Michael, ‘www’ doesn’t stand for World Wide Web, it stands for ‘what we want.’ Your customers can now comparison shop hundreds of sites in one session. If you don’t have what they want, you won’t get what you want.

I Can See Clearly Now.

“Delivering targeted traffic is extremely difficult. You have to a have a clear vision of what you are providing either as a service or a product, then you have to speculate as to what your potential visitors are looking for, and then you have to design web pages to communicate your message, in a manner agreeable to the search engines, so people can find you. They are a potential user of your services right now, right this minute, whether 2 a.m. on a Saturday night or on their lunch break while at work, they want what they want, right now.”

“I noticed on your site you say ‘home loan’ this and ‘home loan’ that, but you don’t say home mortgage. Why is that?”

Mike responded, finally an answer he knew, “Well, in this state, there are no mortgages, so I didn’t use the word mortgage.” It felt good to Michael to deliver the right information.

Sorta, Kinda, Approximately… Absolutely.

“OK, but it is not what you think, it is what your clients think. And if they type ‘home mortgages,’ when looking for ‘home loans,’ you better have ‘home mortgages,’ because that is what they want. And, to add to the equation here, search engines are absolute in their searches. If someone types ‘home mortgages,’ that is what the engine is going to look for, not ‘home loans.’

It is the same way as if you were going to buy the latest CD by your favorite group, and the clerk gives you the CD that was their first album. It is not what you were looking for. In fact, some searches are so absolute, that if you type ‘home loan,’ only pages with ‘home loan’ not ‘home loans’ will appear. Other engines are case sensitive so if someone searches for ‘HOME LOANS’ the phrase ‘home loan’ is not a match.”

Not Just A Pretty Face.

Mike thought for a moment, “So you are telling me there is a whole lot more than just having a web site that looks good?”

“Yep.” Linda replied, as concisely as she had been all day.

On The Road Again…

Mike, satisfied with what he had learned, and a staff meeting pending, said, “OK, I will change my web site. Let’s try and pave that road… Can we meet again?”


For online mortgage leads please visit our mortgage leads page.


Paving the Road Less Traveled
Originally published January 2000

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The Internet Is My Friend And Other Half Truths

The following story is true, this same scenario has happened to several of our clients…

This story begins like hundreds of other dreams each month, but it doesn’t end the same.

Ted had grown their mortgage business up to 75 employees over the past 8 years. His wife (Lisa) was a former lending VP for a local bank. They were both Internet savvy and spent time looking at competitors. One day Lisa turned to Ted and said, “Me and the internet, I think we are going to be the best of friends. We should put our business online.” And so the Internet relationship began…

They went online about a year ago with mixed results. They had attracted a few leads off of their web site, and while excited about the leads, they were also disappointed. They had spent over $40,000 ‘designing’ the site and felt it should be producing more than a lead every ten days; and a closed loan about once a month.

Ted and Lisa knew they had good interest rates, a specific market niche, and the expertise to produce more, much more… They were wondering, “Does this Net thing really work. I know it should, but does it?”

Just Four Months Later...

Here is how Ted and Lisa turned their web site from an ego site, stating, “Hey, we are on the net,” into a highly functioning, revenue generating asset, with loan originations averaging $250,000 - $1,000,000+ per day, every day.

But First, How The Web Site Began

Lisa took the initiative for web site. She had a bit more time available and she was far more Internet proficient. Lisa interviewed quite a few companies before selecting their first ‘web designer’. Summer (the ‘web designer’) did what she was supposed to do she created a nice web site. Ted and Lisa had said, “We are ready to get onto the Net. What can you do for us?” Then the ‘web designer’ followed the normal process.

They initially showed the “web designer” their logo, explained the history of the corporate colors, and then Summer brought back a few nifty graphic layouts. Ted and Lisa showed their secretary, the head of sales, and their father-in-law and finally decided on a web design. Then the web site was built. End result - a “pretty” web site...

They site had the full ‘wu-wu’: music, animated graphics, interactive forms and the latest flashy software.

They thought their web site was pretty cool. But then again, their site didn’t work. It wasn’t generating many new loans.

How Their Web Site Should Have Been Constructed

Lisa became friends with one of her loan clients. This client owned an insurance business and told Lisa they had a very successful web site. She asked just what successful meant to them, and they said about 100-300 targeted visitors per day. Lisa was lucky to get 100-300 visitors per month.

Lisa found out who designed the insurance site and arranged a meeting with Rell, the ‘new web designer’.

How To Really Design A Web Site

Rell was a bit different than Summer; she had an entirely different perspective on the ‘web design.’

The ‘new web designer’ stated that before she looks at a potential clients’ site, she wants to understand a bit about the client and the clients business. No logo’s, no team colors just about what the business does and what they expect to achieve on the Net.

Rell said that she had a little secret she uses when designing a web site. She said most designers ‘design around designs’, and that she ‘designs around words’.

More Than A Pretty Face

Rell went on to say, “We use the keywords your customers type into the search engines.
Gosh, I know that this makes sense... but if you look at most web sites they are nice looking. But these sites do not have the keywords they want to offer to their clients. So, the most cost-effective method to direct targeted traffic to your web site is via top rankings in the search engines.”

Subtle? Yes. Difference? HUGE! End result - a nice looking web page... that produces tremendous results. Designers may design, but we create highly effective pages intended to market your web site. Lisa was sold on this truth. Rell made other comments to the effect that the only sites that should have music are sites that sell music; and that using the latest software actually can cause problems for visitors who don’t have these ‘plug-ins.’

Lisa and Ted tossed aside the $40,000 web site they initially built, and built their site around words and the customer.

Within A Month, Visits Increased

The new design was great and highly functional. And due to the way Rell structured the HTML (underlying computer code), quite a few search engine rankings were obtained. Traffic was up to 50 people a day. And within another 30 days, close to 200 highly targeted customers visited the new site every day. 200 potential customers that are actively looking for a mortgage loan.

An Interesting By-Product From The Success Of The Site

Not only were Ted and Lisa now averaging closed origination loan amounts of $250,000 - $1,000,000+ per day, every day. But their web site was substantially outperforming the 12 person, in-house telemarketing department.

Lisa made the tough decision to layoff the entire telemarketing staff. A savings of about $28,000 per person annually or over $330,000 additional expenses were removed.

The Sales Staff Commission Was Lowered, But They Made More Money

Next, Ted and Lisa reduced the overall commissions for the sales staff. As you can imagine, there were more than a few protests from their loan officers. Except now with higher quality leads (more of them) (and even with a lower commission), the sales staff was actually earning more money in commissions.

Life at the office actually seemed less stressed. Lisa turned to her husband and said, “I told you so.”

Ted replied, “What?”

“The internet is our friend…”


For online mortgage leads please visit our mortgage leads page.


The Internet is My Friend - and Other Half-Truths
Originally published December 1999

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The Marketing Power of Domain Names

Domain Names

Each and every month over 175,000 Internet domain names are reserved. That is almost 6,000 names per day, every day. How do you go about making sure your company's web site name is recognized and found from the millions of domain names already in existence?

Your company needs every Internet promotion and marketing technique to allow potential customers to easily find your web site. One powerful way to help stand out from the thousands of other mortgage web sites is to have a professional sounding and easily remembered Internet domain name. The wrong domain name selection can cost your company thousands of lost commissions everyday.

How To Select An Unique Domain Name

Let us analyze what is happening in the "real world". Domain names have their own social class built into place. There are the most desired extension (*.com); and then there are all the other extensions (*.net, *.org, *.cc). Validation of this is evidenced by the newer versions of Internet browsers.

Just type any word, "mortgages" for example, and the latest Netscape and Internet Explorer versions will complete the address by automatically adding the ".com" if you don't type it in the full address. If you currently have a "*.net" or "*.org" domain name, you already have one strike against you (i.e. potential lost business).

The dot com names are the most preferred and desirable. The dot com names can be compared to a having a toll free 1-800 number. It is much better to have a 1-800 number, instead of a 1-888 number. People will automatically assume a dot com at the end of domain name (not *.net or *.org). As you can see, securing a "good sounding" domain name can get quite confusing ... if you don't know what to do.

Assume you meet a perfect mortgage client at a social event and they want to contact you. If you tell this person your phone number is 1-800-HOMELOAN, then they have a good chance of remembering you. If you tell her your company's phone is 1-888-HOMELOAN, then there is a chance that she might confuse your phone number and possible dial your competitors toll free number (i.e. 1-800-HOMELOAN). Just because of some Internet confusion, you have possibly lost another mortgage client.

Searching For A Name

Let us assume you have a mortgage company and you wanted the domain name mortgage.com. You check it and see it is gone, so you say, "Well, I will just take loans.com" gone too, as is almost every other single and multiple word combinations dealing with loans. After going through two and three word permutations such as mortgagebroker.com, mortgagehomeloan.com, and then off to more permutations mortgagehomeloans.com, you remember that 175,000 domains names are taken every month. (Hmm, I bet many of the "good names" are gone.) So you start checking the *.net and *.org availability and soon find out many of the "good" names are no longer available here either.

Finally after days of searching, you find a domain name "loans-4-u.net" available. Finally, an identity! This is where marketing problems occur. If you have to explain your domain name, or how to spell your domain name, you have lost your effectiveness.

Name Recognition

Now back to "you meet the perfect mortgage customer at a social event" and they want to contact you. You proudly tell her that your domain name is loans-4-u.net and she claims she will visit your site tonight. Assuming this perfect client does look for you site, does she type in loansforyou.com, loanz-4-you.com, loansforu.net, loanzforyou.org, loans-for-ewe.com… well, you get the idea.

You have now spent thousands of dollars to develop and promote your mortgage web site. And with just a little Internet confusion, potential customers are going to a competitor web site just because they are confused on how to spell your domain name. This might happen numerous times a day, and it will cost you thousands of dollars in new loan originations. You don't want to give away business to your competitors by having a "confusing" domain name.

Moral of the story, all things being equal, get an easy to remember or simple or descriptive dot com name.

Clickability

Your domain name is like the lead headline of a newspaper. It can immediately tell potential customers that your domain specifically addresses what they are seeking. If a potential customer does a search engine query for "low interest mortgage loans" and the first three domains presented are, loanz-4-awhile.com, bluepacificshores.com and lowinterestmortgages.com. Which name are you more likely to select?

This potential customer will review the domain name addresses listed and see if any domains sound professional and relevant. If your company has a professional sounding domain name, this potential customer may be more likely to "click" on YOUR web site to see what mortgage services are offered. More "clicks" on your mortgage web site means more potential business.

If you miss even one potential customer, you have lost a potential commission of thousands of dollars. After spending thousands of dollars promoting and marketing your web site, this is an expensive way to lose business.

H-Y-P-H-E-N-S

We are frequently asked, "Should I hyphenate my domain name? It will make it easier to read." Well, the answer is usually no. Look at the domain mortgage-home-loan.com. Which domain name is easier to explain?

Hyphens cause you to have to explain your name, and one more place for a potential visitor to make an error. If you have to explain it, you have lost your effectiveness. Make is easy for customers to find your web site.

Abbreviations

Try to leave out abbreviations if possible. If your company is California Home Loan, make sure you get the complete spelling. If you have just califhomeloan.com, you are just making it more difficult for customers to find you. This is even more important if you want past customers to refer people to your web site. Can you imagine some customer telling a friend your mortgage web site is califhomeloan.com or cahomeloan.com instead of californiahomeloan.com?

Which domain name is your customer going to better remember? If your customer can't remember, they won't be able to refer your mortgage services. Another lost customer worth thousands of dollars.

You Have To Move Quickly

We had a corporate client that was thinking of registering a perfect domain name for his company. We advised him to register that name immediately. Unfortunately, he did not take our advice. Two days later another company registered the same name. The old saying goes, “you snooze, you lose”. This is especially important on the Internet. A time line of 6 months on the net is like 2 years in the real world.

Technology and marketing promotion on the Internet is constantly changing. You need every Internet promotion technique in your favor to help drive more business to your web site. Stake the odds in your favor by registering a good sounding and well-remembered domain name. And, three years from now when 25% of all mortgages will be transacted over the Internet, your company will be well positioned in having a strong Internet presence.

Remember -- domains are going fast… in the five minutes it took you to read this article, over 20 domain names were registered ... some by your competitors.


For online mortgage leads please visit our mortgage leads page.


Originally published November 1999

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How Much For That Web Site In The Window

How Much For That Web Site

"How much for a web site?" Asks the potential client. Seems simple enough. Seems to be a reasonable question.

This question, "How much for a web site?" is also one of the biggest mistakes asked by mortgage companies and any designer that answers that question (addressing only cost) is probably not a web designer you want.

A mortgage company on the Internet is on the web to conduct business and generate revenue. A business should not be on the net to just 'be on the net.' Short term thinking just focusing on expenses should be replaced with long term analysis of web site revenue and Internet market share. While the expense of a web site is an important consideration, two major considerations should control your decision: the revenue a web site can generate and the market share and brand name awareness your site can create.

How Much For A Web Site? Last Year.

Here is a typical scenario from a year or two ago:

Potential Client: "You design web sites?"

Web Designer: "Yes."

Potential Client: "How much?"

Web Designer: "How many pages?"

Potential Client: "Oh, 10-20 pages I guess. Information on our company, a list of our loan products and a page on how to contact us."

Web Designer: "Ok, that will be $x."

Potential Client: answers - select one or more of the following…
1. "Well, our in-house MIS guy said he could design a web site in his sleep."
2. "My neighbor's kid just took a web design class, let me get a quote from him…"
3. "But we have seen complete web site pricing for less than $1000"
4. Client thinks, "I think I could do it myself cheaper," and says, "I will get back to you."

With web sites costing from hundreds of dollars to thousands of dollars, here is what is wrong with the question, "How much for a web site?" The real question you need to ask, your designer, MIS guy, neighbor's kid, is "How much web traffic (i.e. how many closed loans) do you think we could generate with a well designed web site?" The question your management team needs to ask is, "How much market share are we going to lose by not being found on the Internet?"

How Much For A Web Site? This Year.

Here is how a conversation with your Web Manager should progress.

Potential Client: "You design web sites?"

Web Designer: "Well, yes, while the actual design aspect is very important; that is just one component of the overall success for your mortgage web site. But a web site is worthless…"

Potential Client: politely interrupting… "Worthless? What do you mean?"

Web Designer: "Let me show you how. This is how most web page designers design a web site. You tell them what you want, show them your logo, tell them your favorite color, and the web page designer brings back a few nifty graphic layouts. Your spouse gets involved, your secretary, your mother-in-law, your MIS professional, and you finally pick an award winning design. Then you build your web site. End result - a nice looking site..."

"But that is like creating a wonderful television commercial. The TV ad is worthless... unless potential customers see it; unless you get the commercial in front of people. It is the same with web sites. You can spend thousands of dollars designing a web site, but if no one sees it; your site is actually worthless. It is will not be generating new mortgage customers."

For a web site to be effective, you need to get 'eye balls' to your site. You may have competitive interest rates and great loan programs, but if no one knows your web site exists... your online mortgage business will be non-existent. You will be missing a huge marketing opportunity."

"Do you know what 'www' stands for?"

Potential Client: "Of course… world wide web."

Web Manager: "Yes, that used to be true. But with the vast numbers of consumers using the Internet to find information and to conduct business, 'www' now stands for 'what we want.' You need potential mortgage customers to find your web site and you need to give your visitors what they want."

"The old adage still stands, 'What's in it for me?' This is vital to remember when designing your web site. What makes your web site unique from the thousands of competing mortgage web sites? You have about 5-10 seconds to catch a customers attention to stay on your web site; so make sure you tell these customers, "What's in it for them."

Potential Client: "Yes, you have to give the customer what they want."

Web Manager: "Here is how a web management company builds successful web pages. Internet studies show that unless you are a company like E-loan (who spends thousands of dollars on banner advertising),most people will find your web site on the net by going to a search engine and typing in key words to find what they want.(i.e. 'home loans,' 'mortgage loans' or 'mortgage broker'). So we first work with our clients to determine which key words we will build their web site around."

"Because information presented on the net is not the same information as presented in a real world brochure, we next determine what information to provide to your current and potential customers. People will arrive at your site looking EXACTLY for what they are seeking. So unlike a TV commercial that interrupts your favorite show, a web site is a 'TV commercial' that someone has asked to see and wants to visit. You have that 5-10 seconds to entice them to stay... to make them your customer. If you don't ...there are thousands of other web sites that can.

"After we do that, we complete the web page layout and graphics...Subtle? Yes. Difference? HUGE! End result - a web page that produces results. Can we make people purchase a mortgage from your company? No, but we can design your web site to deliver them to your site... for your company to do your job."

"That is how we turn a worthless web site into a valuable site. That is why a well designed and managed web site doesn't cost anything; it generates revenue.

Potential Client: "So the question is not how much does a web site cost, but how much revenue will that site produce. I have to analyze the amount of revenue each closed loan is worth; and how much I am currently spending on traditional marketing sources (including labor) to get new customers; versus the savings I can have from this 'TV commercial' playing 24 hours a day on the net AND being seen."

Web Manager: "Yes, a well designed web site costs you nothing, it makes you money. You will quickly find out that a poorly designed web site is actually 'costing your company money' instead of generating revenue each month."

Client: Let us now forget about my first question, 'How much does a web site cost?' Just tell me the best way to properly design and market my mortgage web site.

Next month we will discuss "What is wrong with your web site."


For online mortgage leads please visit our mortgage leads page.


Originally published September 1999

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How To Compete Against 51 Million Pages On The Net

My potential mortgage site client, Stephen, was breathing hard on the phone, slightly exasperated, slightly excited; He wanted to go right to the ‘bottom line.’ Even though he wouldn’t say it, this ‘net stuff’ was new to him and he had questions about how successful his web site could be in bringing new loan business.

I could almost hear Stephen pounding his fist on the desk, saying, "What is my return on investment (ROI) if I do this web site? What do I get back? I have a successful business now, do I really need to do this internet thing?"

I have heard it before from many clients... trying to apply real world thinking and analysis to the virtual world of the net -- it just doesn't always perfectly translate across the two worlds. My client was trying to know the final score of the game, before it even started. His return of investment (ROI) question was the easy part. We hadn't even got to the comment where Stephen would say his web site should be ranked in the top 10…

Search Engines And Web Pages

"Let me take a look at Infoseek and see how often your most desired word ‘home mortgages,’ is found," I said typing on my keyboard. "OK, for today, this 1st of July, 1999, for your phrase…" I said waiting for the cable modem to show the results, "Ahh, interesting, Infoseek shows only 51,735,822 web pages relevant to home mortgages."
I didn’t see it, but I could hear his jaw open in amazement.

"51 million pages?" Stephen said, with the words ‘51 million’ echoing on the phone line. "On the net? Is that all?"

"Yep, that is today’s count," I replied. And there was more. "Infoseek, Stephen," I went on to say, "has only one third of all known pages indexed, so the real number is probably closer to 150 million pages."

Stephen slowly said, "How do I compete against that?" I am sure he was thinking about how he had built up his New York mortgage company through hard work, networking, getting to know people and good service. But this was different; the net has its own set of rules to play.

I was getting ahead of myself, so I said. "Let's talk about real world examples and how the Internet can be your ‘best salesperson’ and possibly bring you hundreds of clients each month." I paused because I know he can be a two-edged sword, "Of course by failing to properly design and promote your web site, the net can be your foe, and your competitor can get those customers instead."

"How do I compete?" Stephen reiterated, and I was surprised he did. Here was a man who ran his company with an iron fist, knew exactly what he wanted and how to get it in the real world, and he was asking for a bit of help.

How To Compete Against 51 Million Pages

"Well, by doing everything right." I quickly rattled off a checklist of basic factors. "Clean layout, easy to read, easy to navigate, fast loading images, pages that work in all browsers, and content that is valuable to your customer." I pause to catch my breath, "And there a few things you don’t want: pulsating – gyrating – exploding images that detract and distract from your site; links off your site that allow your hard earned customers to leave with a simple click, non-uniform layouts..."

Stephen cut me off, "I just wanted a web page."

"Well, there are just 51+ million web pages for your keyword in Infoseek. What you really want is a web site, that will get found, that works for your customers."

"Um, right." He replied. Stephen, was beginning to realize that it might take a different knowledge base to compete on the net. "OK, so I have to do all that?"

"Yep." I smiled and continued, "And those are just the human factors. In order to get humans to your site, you have to go through the search engines." I then listed additional search engine considerations. "Stephen, for the search engines you have to optimize your HTML source code: meta titles, meta keywords, meta descriptions, alt-tags, word counts, search engine submissions, web page ranking analysis…"

How Search Engines Work

I could tell by the silence that this techno list was not really reaching him, so I tried a different approach. "Let me explain it a different way. Here is how search engines work. Once you have created your site, you need a method to communicate what you do and where you are. This is where search engines come into play. They are like the giant ‘Yellow Pages’ of the net (there are 8-10 major engines and 100's of lesser engines). What makes search engines powerful is that Internet users can go to the search engine site, type in a few key words, and the search engine will produce a list of web pages that most closely match the keywords searched -- hopefully yours. (Latest statistics indicate that 86% of web page owners claim that search engines are the primary means that caused a viewer to find their site.)"

"The great news is that the search engines are FREE to list your web page and they are FREE for the Internet viewers to use. The bad news is that there are now 140,000+, oops, now 170,000, new internet domain names every month (that is up 40,000/month from January 1998). That is two and a half-new domains names every minute, every day, each with numerous web pages, competing against your site."

"If your site talks about ‘hummingbirds,’ and someone searches for ‘hummingbirds,’ your site will be compared against all the other web pages containing ‘hummingbirds.’"

"I don’t care about hummingbirds, I want home mortgage customers!" Stephen said.

I went on, "OK, but you have to know that the engines are absolute in their analysis and ranking of your site. So if you have on your page, ‘home mortgages’ this, and ‘home mortgages’ that and someone looks for ‘home mortgages,’ you have a chance of being found. You can greatly improve your rankings by preparing and writing your site in a manner that makes it easy for the search engines to understand your site and thus, score your site."

"Now here is where it gets a bit tricky," I continued. Assume your site has ‘home mortgages’ all over it, and your perfect client goes to a search engine and types instead the words ‘home loans.’ Well, your site is ‘home mortgages’ and the customer is looking for ‘home loans,’ so there is NO match.

Even though you have what the customer is looking for, you WILL NOT be found. This costs web site owners thousands and thousands of dollars in lost business." Stephen was comprehending, "OK, so I will have ‘home loans’ and ‘home mortgages’ on my site."

"Yes, you have to have what people are seeking," I replied. "But, it gets even trickier… Some search engines are so absolute that the exact word has to match, so if you have ‘home mortgages’ on your site and your potential visitor types the singular version ‘home mortgage,’ you WILL NOT match. Some search engines are case sensitive, so if a customer types HOME LOAN, or Home Loans, or home loan, you will get entirely different results."

"OK, you worry about that," Stephen said, "let’s get back to my return on investment."

Return On Investment

"Let me address your return on investment (ROI) question." I said, trying to tie it all together.

"Let me give you an example. I had a client come to me with the same set of questions you have, except her company had already spent a considerable amount of time and money (about $12,000) designing her mortgage web site. The only problem was... a major problem. She wasn’t getting any business."

"I am not sure if the internet works,’ she said. ‘I just spent $100 for a company to submit my web site to every search engine out there… and nothing, no business.’ I told Stephen, that is poor ROI - $12,000 spent and nothing returned, and $100 spent and nothing returned."

"She went on and said , ‘I have a great site and nobody signs up for loans.’ She mistakenly believed that simply having a web site would yield additional business. She believed in the internet myth, Build it and they shall come. Unfortunately this was not true, no more than it is in the real world. The only people who are going to come is your mother and a couple of employees, nobody else is going to know you even exist ... buried in 50 million other pages. To succeed on the net, your company has to effectively market themselves in this new media."

I continued by saying, "After many weeks of hard work, we helped redesign her entire web site. We finally got this corporate mortgage client ranked at the top of many of the major search engines. It just so happens that as soon as we obtained our first ranking, a perfect customer was looking for a home construction loan on the Internet. We were at the right place, at the right time."

"Her potential loan customer went to a search engine and typed in a key word phrase and up popped her web site, ranked within the top 10 out of 4.7 million web pages. This customer liked what he saw and contacted our mortgage client via their tollfree number. Within 30 minutes of talking with a loan officer, this customer had given his financial information over the telephone and a credit check had been completed."

"To put the icing on the cake, this deal has now closed and the construction loan amount was $860,000 (commission of 1.5%, $12,900) and the take-out loan is $1.85M (commission of 1.5%, $27,750). For a total commission of $40,650."

Stephen commented. "OK, I understand that. I know I can make money by providing good service to my clients. I just need to get a web site going."

Site Design

"Well," I said, "to compete on the net, your corporate web site must convey a professional appearance and you should have your own unique appearance. The "cookie cutter" approach to web site design maybe worked a year ago, but not now. Mortgage customers are a very sophisticated crowd (current statistics show average income $60,000++, and university level education)."

"These customers are going to review various top-ranked web sites before they make a decision. Your have 20 seconds to make your impression: about 10 seconds for the download and another 10 seconds for what shows on your page. You have one chance to do this. If you don’t catch their eye immediately, they will just ‘click off’ and go to one of your competitor sites. You have now just lost a potential commission of thousands of dollars."

"If your site design looks like your brother-in-law (who has some computer experience and does web design part-time) put it together, you have one strike already against you. Your web site will seem cheap and fail to promote confidence in your mortgage services. The potential customer might not willing to take a chance with a mortgage company for one of the largest financial decisions of their lives. You need to build trust and confidence by your web site design."

"It goes back to old school of marketing. You first need a prospective Internet customer (web site promotion). Then you need a professional looking web site that will build trust and confidence (web site design). Of course you need competitive interest rates and a wide selection of loan programs. And to follow up, your company needs loan officers and customer service people that will oversee the loan process until closing. As you can see, having a web site is just one facet to help increase your mortgage business. If you don’t market your company effectively, you won’t attract any new customers."

"Look, son," Stephen said, "I know a lot about marketing, I built this company from scratch. You don’t need to give me pointers on how to sell my service."

Marketing And Promotion: Web Style

I didn’t want to annoy Stephen, but I did want to show him how marketing on the net is different without offending him. "As you know, with any marketing or promotion plan, it involves many specific and technical aspects.
It is somewhat like telemarketing, you just don’t start calling people and saying when they answer the phone,‘Would you like a home loan?’ It is the same way on the net, you simply need a game plan, a road map to help you guide you through the maze of successful Internet marketing."

"Let’s talk about web design. You spend $500 on a cheap looking design for your web site and you get no business. On the other hand, if your company spends say, $10,000 for a professional looking web site design and you get even one additional client (like our construction loan client for over $40,000). Your return on investment is over 400%. Now that is ROI."

"And the power of the Internet is that this web site is working for you 24 hours/day, 7 days a week to a massive audience—over 150 million Internet users and growing. The internet can be your best salesperson. What if you had one $40K customer like this per month? Per week? Per day?"

Now Stephen may not be proficient yet on the net, but he knows his money… "Well," Stephen said, "I think I have got it. Fifty-one million web pages with my keyword. And of course I want my web site to rank in the top 10…"


For online mortgage leads please visit our mortgage leads page.

Originally published August 1999

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Banner Advertising vs. Search Engines

One of the other common calls I receive from mortgage clients is, "We are currently spending a large portion of our advertising budget on Internet banner ads to increase our business. But we are finding the actual number of new customers to be very small. What are we doing wrong?"

What Can Be "Wrong" With Banner Ads

Internet users are very educated and affluent customers. These same users are also constantly deluged with banner advertisements from almost every web site they visit. Most potential customers are just "plain tired" from being bombarded by annoying banner ads. Do you think this is a good way to get new clients? (In fact many Internet users now download specialized software that prevents banner ads from being seen on the users screen…)

I sometimes turn the tables on my corporate clients. I ask my clients if they actually click on banner ads themselves when they visit a web site. The great majority of time the answer is "no way, those banner ads are annoying". I then ask... why then does your company spend thousands of advertising dollars on ineffective banner ads? The answer I usually get is, "Banner ads are the only way our mortgage company knows how to advertise on the Internet."

Another potential problem with banner ads is most popular web sites have already developed long term agreements with various online mortgage companies. In other words, you couldn’t place a banner ad if you wanted to. These mortgage companies have gotten in early to stop your company from competing with them.

Many banner ads also work on a "cost-per-click" basis. You pay for a certain number of visitors to your web site. When you reach your budgeted number of visitors, the banner company deletes your banner and replaces it with another company’s banner. In other words no more advertising until you pay more money. And the worst thing is when one of your major competitors takes over your previous banner position.

Some banner ad companies are even more sly. They charge per "page impression". What this means in plain English is that you are being charged even if the internet user does not even click on your banner ad. You are charged just for the "possibility" of an Internet user clicking on your banner ad. Not too fair if you ask me.

Fortunately, there is a more effective method, and better way to increase your business....and that is using the Internet search engines.

Someone who sees your banner ad has most likely already gone to a search engine, typed in their keywords, and arrived at the domain hosting your banner. By using the search engines, your potential customers can bypass the middleman (i.e. the banner ad hosts) and go directly to your site.

Do banners work? They can, when used appropriately. Are banners the right marketing vehicle to drive the most traffic? There are better and more cost effective alternatives.

As my partner likes to say, "Banner ads are for online mortgage companies that don’t know how to market their web site by the search engines."

Before we continue, let us review how your potential customers actually find a web site

Search Engines - The 'Yellow Pages' Of The Internet

Once an Internet design company has created your web site, your company needs a method to communicate what mortgage services you have to offer. This is where search engines come into play. Search engines are the "yellow pages" of the Internet (there are 8-10 major engines and 100’s of smaller engines). What makes search engines powerful is that Internet users can go to the search engine site, type in a few key words, and the search engine will produce a list of web pages that most closely match the keywords searched -- hopefully your web site. Marketing statistics also reveal that Internet users primarily find web site information through the use of search engines (not banner ads or mortgage directories).

The great news is that the search engines are free to list your web site and they are free for the Internet viewers to use. The bad news is that there are now 100,000+ new web sites being submitted every month. As you may conclude, achieving and retaining a highly ranked web site is going to get more and more difficult as the Internet gets bigger and bigger; and it is going to become more valuable in having a top ranked site.

Most web design companies will submit your web site to numerous search engines. Unfortunately these web design companies are not experts in Internet search engine marketing... in getting your web site highly ranked. If you have a web site with poorly structured HTML code for search engine relevancy, the only thing you are doing is ensuring you will be listed at the bottom of the search engines.

Let us now see how important having a highly ranked Internet web site will be in the future...

The Future Of The Internet Mortgage Market

The Internet is exploding with growth. There are over one BILLION web pages indexed and logged in the search engines right now and the Internet is still growing. Most mortgage companies mistakenly believe that simply having a web site will yield additional business. Your company has to know how to effectively market themselves in this new Internet age.

According to the Wall Street Journal, internet mortgage origination was $4 billion in 1998 and is projected to explode to $250 billion by 2003. And within 4 years over 25% of all mortgage transactions are anticipated to be completed over the Internet.

The trend for consumers going direct to the Internet has already been demonstrated in the world of stocks: e-trade.com, Charles Schwab, and a host of other brokers that have fundamentally changed the way people buy and sell stocks. This is also currently happening to the entire mortgage market.

Current research indicates there are currently 150 million Internet users with an average family income of $60,000. Are any of these your potential customers? The growth of the Internet is exploding and is expected to double to 300 million Internet users by the end of the year 2000.

The top Internet mortgage companies are quickly following the way of Internet success stories like Dell and Gateway. Online mortgage companies are taking away market share from traditional companies. The large online companies have huge advertising budgets that can expose their mortgage services by nationwide newspaper & magazine ads, television & radio commercials, including expensive banner advertising. If your company is a medium to large sized corporate mortgage provider, you need a more cost effective way to compete and not continuing losing market share.

What Is "Right" With The Search Engines

One of the most efficient ways to reach a large number of potential new customers is by optimal positioning in the Internet search engines (Excite, Infoseek, Lycos, Hot Bot, AltaVista, etc). Search engines can produce highly customized and targeted customers for your company. Better rankings in the top search engines simply means and an increase in sales with more potential customers viewing your offerings.

The wonderful marketing aspect about the search engines is that customers are actually "looking" for your mortgage services; RIGHT NOW! In other words, they are coming to your web site because they want to; they have an immediate need. These customers are typing in specific key words to find your mortgage web site. This is the first time in marketing history that customers can actually come to you; 24 hours a day, 365 days a year.

The search engines level the playing field: when someone types in "mortgages" someone has to be ranked #1 and someone has to be ranked #100,000. You can imagine the revenue potential just between a listing on the first page and a listing at #500. A top ranking drives potential customers to your site. Do you know where is your company is ranked right now?

Should Our Company Continue Traditional Marketing?

At this point in time, I still suggest to our clients to continue using traditional advertising methods including print advertising, telemarketing and direct mail. You don’t want to strictly depend upon the Internet for all your marketing. There are still many people who are not computer literate and will not access the Internet. Just like anything in life, moderation is the key.

I also strongly suggest to our clients to start extensively marketing their web sites - right now! The Internet is getting larger everyday and once you lose market share, it is very difficult to regain it back. The competition on the Internet is fierce and it is getting more competitive everyday. Make sure your mortgage company has a strong Internet presence, and you will find the Internet will become your most "cost effective salesperson".

For online mortgage leads please visit our mortgage leads page.



Originally published July 1999.

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Does Your Web Site Need A Shot Of Viagra?

One of the most common e-mails I receive from mortgage clients is, "We’ve paid xx dollars to submit our web site to over 500 search engines. Our company really expected to start getting more Internet business, but it hasn’t."

Well, just because a web site is submitted to the search engines doesn't mean it is going to be ranked or even found. We all know the computer adage, "Garbage in, garbage out." If you have a poorly designed site for search engine relevancy, the only thing you are doing is ensuring you will be listed near the bottom of 500+ search engines. There is no magic in submitting your site to the engines; the magic is in the way your web site is structurally designed.

Just "showing up" on the Internet with your corporate web site doesn't translate to being successful. A productive Internet presence requires several key elements. If any are missing or deficient you will hear the familiar cry… "I built it, but they didn't come."
Before we continue, let's review how people actually find your mortgage web site…

Search Engines - The 'Yellow Pages' Of The Internet

Once an Internet design company has created your web site, your company needs a method to communicate what mortgage services you have to offer. This is where search engines come into play. Search engines are the yellow pages of the Internet (there are 8-10 major engines and 100’s of smaller engines). What makes search engines powerful is that Internet users can go to the search engine site, type in a few key words, and the search engine will produce a list of web pages that most closely match the keywords searched -- hopefully your web site. Internet statistics reveal that 86% of all their customers primarily find their site through the use of search engines (not banner ads or mortgage directories).

The great news is that the search engines are free to list your web site and they are free for the Internet viewers to use. The bad news is that there are now 100,000+ new web sites being submitted every month.

As you may conclude, achieving and retaining a highly ranked site is going to get more and more difficult as the Internet gets bigger and bigger; and it is going to become more valuable in having a top ranked site

If you do a search on a major search engine like Infoseek, this engine will return the number of web pages that contain the key phrase which you have searched. For example, let’s take the keyword "mortgages." I checked Infoseek in May 1999 and found there were approximately 1.7 million pages with the word "mortgages". Every one of those mortgage companies thinks that their web site is so unique that they should at least be ranked in the top 30 in a search for "mortgages." Do the math: 30 ¸ 1,700,000 yields a 0.00002 chance that your mortgage site would be listed in the top 30 if all web sites were equal. All web sites are not equal.

So You Want Your Web Site To Be Found?

If you are going to pay a search engine "submission service" to do this for you. I have some bad news for you. It won't work in almost all cases!

The best analogy I can think of is a cake. You want a perfect cake but have never made one. Do you mix the flour with the icing first, do you add baking powder or baking soda, is it a tablespoon or teaspoon of salt? If you don't assemble the cake just right in the correct order, you won't get a cake. It is the same way when you submit an unoptimized web site. You severely limit your chance of being "edible" by the search engines.

Your company has probably paid a lot of money to have a professional Internet design company build your web site. You should also remember that while these companies are very good at designing a mortgage site, they are not usually experts in Internet marketing; in getting your web site highly ranked.

Your mortgage web site may have snazzy graphics, online calculators, even a nice online application form. But the number of visitors to your site isn't very high and sales are even worse. "What’s wrong?" you ask. After thinking about it for a while you simply conclude, "The Internet really doesn't work." After all, you have a great site -- why wouldn't people want to come?

Good analysis of problem - determining there is something wrong, but you have reached an incorrect conclusion. You need to have access to a few tips with regards to being found by the search engines -- the "structure" of your web page is more important than the visual aspect of your site.

There Are Two Essential Elements To Every Well-Designed Web Site

What many people don't realize is that there are two essential designs to every properly functioning web site. First the art and visual components which is the work that everybody sees when they visit your site. And second, the web structure and underlying layout that supports your visual design which allows your Internet visitors to find you via the search engines. This structural component is not entirely visible as much of it lies in the coding of your web sites language (HTML).

Your visual element is what makes your Internet presence unique. It is what conveys the image you are attempting to communicate to mortgage clients. You have spent a great deal of time and money creating the perfect site; but probably haven't spent much time ensuring your web page is found. Here is an important tip: every visual web design requires strong structural design features or to put more succinctly, you don't want to build a Corvette and then give it a Yugo engine.

How Can Your Company Improve Their Search Engine Ranking?
(Give It More Viagra)

It is critical to properly optimize the "structure" of your web site for maximizing search engine relevancy. If you do not optimize your site, you will have that beautiful Corvette sitting there with the wrong motor, and worse yet, you don’t have any gas.

Now back to your mortgage site. Once created, your web site design company has probably "submitted your site to over 500 various search engines". These search engines then visit (spiders) your web site and indexes your information so it will "know" what your site is about.

Herein lies the problem. The search engines don't look at your beautiful web site design or the ways you have designed your online application forms. Mortgage customers look at these items, but search engines don't. Search engines look at the way your page is written, the underlying HTML source code used to create your page, and then apply an algorithm to rank your mortgage web page.

Search engines look at the "structure" of your site. This leads us back to…

The Structural Design Of Your Web Site.

In order to get your web site found, you have to create a web site structure that the search engines can read and understand. There are several basic ways to accomplishing this: the title, meta tags, alt tags, meta description and HTML content. Each search engine has its own algorithm for analyzing these components. (Unfortunately, these algorithms are not only proprietary, they are changing constantly). The better you design the underlying "structure" the higher ranking your web site will receive when someone searches for your mortgage services. It is literally the difference being ranked #20 versus being ranked #20,000 on the search engine results page. You can imagine the revenue differential between a listing on the first page and a listing at #200.

Now you have the basic ingredients to work on your site, if you leave out one part, it can adversely impact your web site. It is somewhat like having the flour, eggs, sugar, vanilla, and baking soda sitting on a counter to make your cake. As you know, the trick is not necessarily having all the ingredients but knowing how to put them together... it is even more difficult when you don’t have all the ingredients to complete your recipe.


For online mortgage leads please visit our mortgage leads page.


Originally published June 1999.

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