The fundamentals of marketing are largely the same
whether we’re doing residential or commercial deals
It means we can generate opportunity in four main ways
1️⃣ Run paid advertising
2️⃣ Produce a large volume of valuable content
3️⃣ Create more opportunity from our existing clients by delivering a five star experience
4️⃣ Jag referral partners who work within the same ideal niche as us
The most important question when moving into commercial lending is this…
Are we adding more value to our existing ideal clients
Or are we diluting our focus by introducing a completely new ideal client?
For example
If we mainly work with first home buyers and they have little to no need for commercial lending
Moving into commercial could dilute our focus
On the other hand
If we work primarily with business owners who already have strong demand for commercial lending
Whether that’s property, business, or asset finance
Then expanding into commercial lending can make a lot of sense