bandit signs/investors and the unwritten rule - Posted by jkf

Posted by Tim Fierro (Tacoma, WA) on May 08, 2002 at 18:34:44:

Now that is funny, an unwritten rule about bandit signs. Just the term bandit means no rules.

Let’s call it courtesy then.

I too just came to this conclusion yesterday. As I was driving by an intersection, there are 3 metal poles, and 1 wood telephone pole. On the wood one, another investor has his sign up. My thought is this; I will wait until this one falls down or in some way is not located on the pole any longer. Then I will put mine up.

I figured since this investor was there first, I am not about to crowd the one pole with more of the same message when he was the one with initiative to get his signs first.

He who gets to the pole first, wins!

bandit signs/investors and the unwritten rule - Posted by jkf

Posted by jkf on May 08, 2002 at 18:24:19:

I will recieve my bandit signs in two weeks. I had every intention of putting them up in my neiborhood as well as through out the city. Well, another investor posted bandit signs through out my neiborhood. I also noticed that he put signs up through out the city. In some of the locations their is only one tree or telephone pole to place your sign. Is it wrong to put up a bandit sign near another investors sign. We all have the same “We buy houses” ad in the newspaper or is their a difference. I know it is enough money for everybody but I dont know how the investor might feel or should I care. I do not want to violate the unwritten rule or is it a unwritten rule with investors. I welcome your opinion. Thanks my brothers and sisters.

Re: bandit signs/investors and the unwritten rule - Posted by Chicago Chris

Posted by Chicago Chris on May 09, 2002 at 01:40:33:

I dunno… I’ll probably get my new signs this weekend. And heaven knows that there’s enough poles in this town (I’m Chicago Chris, remember?) but I’m pulling out all of the stops this time and no congested intersection shall escape my wrath! If some other guy has a sign up, fine. I won’t crowd it and I won’t take it down.

But I am going to be a bandit and post my signs where I don’t have permission and maybe where they are not wanted. Just like he did.

I cannot wait!

And think about it this way, do you think YOU would have the right to be angry if another investor posted signs near your own. I wouldn’t think so. He probably feels the same way.

Bandit signs only work if you actually put them up, JKF!

The only thing to do here is to… - Posted by ScottE

Posted by ScottE on May 09, 2002 at 01:13:46:

buy a taller step ladder and put your signs higher than your competition!

Survival of the fittest and guerilla marketing!

:wink:
Scott

Competition - Posted by Rob FL

Posted by Rob FL on May 08, 2002 at 20:43:31:

I don’t believe in unwritten rules like this garbage. The only unwritten rule I have on bandit signs is that I won’t tear any down or deface them.

Otherwise, I put them wherever I feel like it. Using your argument, McDonalds should never locate near a Burger King, nearby billboards should check to see what is on their neighbors billboard, etc. Ridiculous. I’m sure your competitors are more than happy that you are so noble to not try and compete with them.

Re: Call him up. - Posted by Ed Copp (OH)

Posted by Ed Copp (OH) on May 08, 2002 at 19:55:17:

I would bet that there are more poles, etc. than the both of you can afford to cover. Work out an agreement. You might also want to share information with each other. It is just a matter of time until you get some seller shopping you against the other guy. The situation could be good for both of you if you communicate.