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Jan 24
2012

The Price of Engagement

Posted by Sparkle Hammond in Twitter , Tracking Traffic , Technology , Social Networking , Social Media , Search Engine Optimization SEO , Residents , Resident Satisfaction , Resident Retention , Property Management , Multifamily Insiders , Multifamily Executive , Facebook , Communication , Blogs , Apartment Search , Apartment Marketing , Apartment Industry , Apartment Demographics

Sparkle Hammond
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And I'm not talking the married kind of engagement. (although that can be pretty pricey too)

I'm talking the price of engagement in regards to social media. I was not a bandwagon social media user. I wanted to understand how to engage and converse with our residents and potential residents before I jumped on the social media train. I also wanted to understand how to measure engagement and then translate that to value for our clients. 

For me, the  issue with social media is not the time it takes to post, blog or tweet, the issue is engagement. Are you maximizing on opportunities of engagement? Are you talking at your residents and prospects are talking with them? Having thousands of fans or followers are great but what are you doing with them?

What gives you the best engagement bang for you buck? I have included my top three.

DON'T BE A NEWS FEED HOG

Posting and tweeting are a marathon, not a race. If you clog up their news feed, they are sure to unfollow or unsubscribe. Studies show a post every 3-4 hours is the sweet spot.

INSIGHTS

Are you looking at your insights page? Your insights page has a wealth of information and demographics. Use that to your advantage when posting. 

FEEDBACK SCORE

Look at your most successful post (in terms of likes, comments, impressions, re-tweets, etc) and figure out your feedback score. For the posts with the highest feedback percentage, do you see a pattern of posts people engage with most... sports, fashion, decorating ideas? 

I benchmark everything. As a Director of Marketing, making sure my marketing team's time is well spent requires just that, benchmarking everything. Have we figured out the secret formula to social media, engagement and ROI.. not yet but I'm working on it. :-)

Happy posting!

 

Sparkle Hammond, M.Ed.  First Communities | Director of Marketing
shammond@firstcommunities.net
www.century-apartments.com | www.facebook.com/centuryapartmenthomes

Jan 20
2012

Social Media means having our residents market for us. Don’t be scared…

Posted by Matthew Hartman in Twitter , Technology , Student Housing , Social Networking , Social Media , Search Engine Optimization SEO , Property Management , MySpace , Multifamily , FourSquare , Facebook , Brand Monitoring , ApartmentRatings.Com , Apartment Residential , Apartment Marketing , Apartment Leasing , Apartment Community Website

Matthew Hartman
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It seems like over the past five years or so, an infinite number of marketing channels have emerged. We bought pages on listing sites, then we created our own property websites.  Now web pages are generated for our property just by having a resident “check in” on Facbook or Foursquare.  Seriously!

 This makes it extremely challenging for an apartment community to have one coherent brand on the web. So what’s a marketer to do?

Jan 05
2012

Pinterest 101

Posted by Kerry Sugrue in Twitter , Social Networking , Social Media , Facebook , Communication , Apartment Marketing

Kerry Sugrue
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If you haven’t heard of Pinterest yet, you will soon.  The popular new social site allows users to Pin items of interest onto virtual tack boards.  Links to cupcake recipes, interesting photography, Blackhawks players and wedding dresses have been inundating my feeds on both Facebook and Twitter, as people put together their boards.  The platform is still an invite only, VIP kind of site, but you can request an invitation anytime or receive one from a friend.  Here are the main things you need to know in order to speak Pinterest-ese.

 

Creating Boards

Jan 03
2012

Get over your vanity metrics. Social Media channels are Marketing and Leasing channels

Posted by Carmen Benitez in Twitter , Tracking Traffic , Technology , Social Networking , Social Media , Search Engine Optimization SEO , Multifamily Executive , Multifamily , Facebook , Customer Service , Brand Monitoring , Apartment Training , Apartment Search , Apartment Marketing , Apartment Leasing , Apartment Community Website

Carmen Benitez
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So, you've read through countless fun blogs from within and outside the industry and yes, you've smiled to yourself as you've had to thumb through silly posts about the author's dogs or sunglasses and/or other gimmicky things to keep you reading. And yes, you've gone a step above and read through more authoritative beats like Mashable or TechCrunch or HBR to yes, still find yourself having to smile and get through gimmicky articles on social media. 

And in that time frame of lost minutes  (and yes, hours), you were trained over and over to think that social media was about #fans #followers #tweets #comments #posts and other "measurements". Well, guess what they were wrong and you were wrong to believe it. These vanity metrics simply don't add up to leases or renewals. At the very stretch, they are ONLY good for brand lift, which you likely will ONLY consider once you can DEMONSTRATE you have a handle on building true marketing and leasing ROI. Otherwise, I give it to your boss to tell you to eat it and find something else better to do with your time.

And the reason is simple, we as an industry need to spend the very little time we do have to market (how many of you truly have a full-time dedicated marketing manager on site???) on getting a return from it. 

Dec 29
2011

Is All Social Media Engagement Created Equally?

Posted by Ellen Thompson in Twitter , Social Networking , Social Media , Multifamily , FourSquare , Facebook , Customer Service , Communication , Blogs , Apartment Marketing

Ellen Thompson
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It’s the question every property manager and industry partner wants to figure out: just how much does social media help build our brands, improve services, save money, and create new revenue?

I think it’s especially difficult to calculate social media’s rewards because they flow into many different buckets. I’m not implying this means we should shirk the responsibility of measuring ROI—but remember that there are benefits beyond leads, like branding, customer service, and SEO lift to marketing pages with proper social media integration.

It can take a long time to see that social media is generating leads, leases and sales, so we naturally try to justify our investment with other data, including increased page views, inbound traffic generation, SEO, and engagement.

Dec 01
2011

Budgeting for a Social Strategy

Posted by Mark Juleen in Twitter , Traffic , Technology , Social Networking , Social Media , Search Engine Optimization SEO , FourSquare , Facebook , Checklists , Blogs , Apartment Residential

Mark Juleen
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I was chatting with Mike Whaling yesterday, and we both agreed there are definitely some quick wins out there to help optimize your brand, stores, properties, etc. online.  It can be time consuming, but claiming your business's pages on GoogleBingYelp!, etc. can be quick ways to get some SEO juice for your websites and help promote your business on those additional channels.  Where I struggle from there is with a content strategy ongoing.

Here’s the honest truth, you can’t half-ass it anymore.  Search as we know it today is changing, and if you aren’t trying to be part of or help create conversation then I will predict that drive-by may become your best lead source.  OK, that could be extreme, but the algorithm is changing from a keywords model and more value is being put on conversation and connections with real people to a brand.  Criticize Google+ all you want, but even if that doesn’t do exactly what they hoped it most definitely highlights how Google is giving more credit to social connections.

Nov 03
2011

Increase Occupancy via Twitter Mind Control

Posted by Angela Irizarry in Twitter , Traffic , Student Housing , Social Networking , Occupancy , Brand Monitoring , Apartment Marketing , Apartment Leasing

Angela Irizarry
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Twitter

When I first created my Twitter account, I hated it.  The posts were too frequent, too confusing and there was way too much junk floating around my news feed.  For months, it sat with that infamous egg as a profile picture.  My home page would have jumped for joy at the sound of a cricket.  Just when I thought I’d never log in again, a friend planted a seed that wouldn’t stop growing.  I started out simple at first, but it soon turned into a full blown obsession.  I was determined to lease my first apartment via Twitter!  It was that obsession that now allows me to share how to effectively increase occupancy via Twitter Mind Control.

  1. Did you know that you can search for people hunting for apartments in the city of your choosing?  You can find people who might be looking for apartments but they don’t even know it yet, they’re just putting signals out there to their friends, family and anyone else who may be reading their post at that particular moment in time.  Are they looking for someone to comment and say hey I love where I live, go there?  No.  They’re looking for some kind of engagement (as any person is on any social platform) and most times, if you look at the post, they really don’t get it!  Now this doesn’t mean that you should only search apartment hunting or looking for apartments.
  2. Create a list of keywords to search daily.  The key here is not only to find those actively searching, but also to discover and engage those that are giving off passive buying signals.  Some of my favorite searches are high electric or gas bills, noisy neighbors, long commutes and horrific roommates.   Once you find a relevant post, should you comment on that and try to sell them?  Absolutely…NOT!
  3. Never, ever sell your community on your initial contact!  Instead, scroll through their tweets over the last week and find a relatable post.  This could be something as simple as a movie they just saw, a restaurant they just ate at, or even a sporting event they are tweeting about.  Comment on that.  Be human.  Your community will sell itself.
  4. Don’t get discouraged if people you’re contacting don’t respond.  How often do you entertain a cold call?  That is essentially what you’ve just done.  The difference is, everyone looks at their @mentions, EVERYONE!  The connection you just made has now subliminally put your community at the top of their list.  When they start looking and you pop up on an ILS or Google, they’ll say “hey that looks familiar, I think they tweeted me….about a … movie?  I’m sure it’s still in my twitter mentions somewhere…..”  Now hopefully you’re twitter page doesn’t look like a bunch of cold calls all lined up like ducks in a row.  You need to have other content as well.
  5. Search for your community often.   Tweets can be the best form of testimonial money can buy.  Why?  Because they’re FREE!  There’s this wonderful little button called “RETWEET”.  Learn it, love it and live by it.  When you’re searching your list of keywords every day, throw in your community name.  See who’s talking about you.  Give yourself the opportunity to retweet the positive and reply to the negative.  This will paint a vivid picture for anyone looking at your page.

There was an amazing segment at Brainstorming that focused on transparency.  You may have seen theChapStick fiasco…yikes.  That is an epic transparency #fail!  How about  live reviews for Dominoes Pizza flying across the jumbo screen in Times Square?  Can you say #winning?!  The growing trend of word of mouth marketing is making and breaking businesses as we speak.  Attention spans are shortening and tolerance for conventional marketing is dwindling.  Today is the day we look for products our friends and family endorse.  We look for the product with the highest rating or the most positive reviews.  A well maintained Twitter page can help.  Start searching today or yesterday’s tweet could become tomorrow’s lost lease.

Nov 03
2011

How to Say It: Apartment Industry Edition

Posted by Tracey Lott Heitzman in Twitter , Technology , Student Housing , Social Networking , Social Media , Residents , Property Management , Multifamily Insiders , Multifamily Executive , Multifamily , Green Ideas , Facebook , Craigslist , Communication , Checklists , Business Center , Blogs , Apartment Training , Apartment Marketing , Apartment Leasing , Apartment Industry , Apartment Community Website , Apartment Community , Apartment , Amenities

Tracey Lott Heitzman
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Learn how to use descriptive language to spice up your marketing!

I’m all about saying something in a unique way when marketing apartments, but sometimes I find myself  with a brain cramp and it takes me a while to get those creative juices flowing.  How many times have you found yourself in the same situation while in a time crunch to get your copy out a.s.a.p. and all you can come up with to describe your community pool is “Sparkling”? 

Oct 26
2011

What Can Starbucks Teach Us About Social Media Engagement?

Posted by Ellen Thompson in Twitter , Social Networking , Social Media , Resident Retention , Multifamily Insiders , Multifamily , FourSquare , Facebook , Blogs , Apartment Marketing

Ellen Thompson
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I spend a lot of time thinking about social media engagement. What’s it mean? How do we improve it? How can we use it to help our clients grow? One way to find out is to look at what other companies are doing.

I’m currently reading Onward, Starbucks CEO Howard Schultz’s memoir of returning to save the company he founded. Early in the book Schultz says that social media has always been a huge priority for Starbucks. On the face of it, he’s right.

Sep 20
2011

Three E-Mail & Social Media Marketing Tips

Posted by Ellen Thompson in Twitter , Social Networking , Social Media , Multifamily Insiders , Multifamily , Facebook , Communication , Blogs , Apartment Marketing , Apartment Community Website , Apartment Community

Ellen Thompson
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I finally did it. I culled the herd. I unsubscribed to most of my email lists.

Why? Some were pushy, some were irrelevant, and one actually offended me. I haven’t seen multifamily marketing make these mistakes, but keep them in mind as you plan your campaigns.

Don’t post too much. Whatever your platform, be respectful. I quit Ann Taylor’s list because I didn’t need to hear about a weekend sale 4 times in 5 days.

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