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The 4 secrets to kicking your ILS habit

The 4 secrets to kicking your ILS habit

Technology is designed to make our lives easier. I mean let's face it, no one is producing that cool tech gadget or website to give you more work to do. So when the ILS's hit the market place they promised a whole new approach to Marketing; let's get technology to bring the prospects to you. All the ILS's spend a ton of dough on SEM (Google Ad Words) and SEO and utilize our content to drive traffic. Over the years this has worked out great for all of us. We get leads with little effort or energy and the burden of all that Marketing is done for you. Don't all of you feel a bit cheated from a creative standpoint? Isn't it really difficult to apply a Cost Per Lead/Lease metric?

Having ILS's as your main Marketing mix is just lazy Marketing. I mean seriously... technology is so useful and gosh darn helpful why do we need to Market at all? Just slap our properties on these ILS's, throw up some decent copy and let err go. So what if this stuff costs us a boat load of money? We're now able to focus on way more important things because who wants to bother with those minor details like lead generation? Bah.

ILS's are everywhere. "It's impossible to compete. You ever see the Google organic search results?" Oh quit your complaining. Here's how I feel about it. Our biggest demographic is 20-30 year olds. This generation isn't really keen on grabbing a magazine to find an apartment. Their apartment search begins one of two ways. Google or Craigslist. Why? It's what they know. So what does this mean? You need to place your content there otherwise someone else will. Oh wait shoot... someone already has. The ILS's have done their homework and own the organic space. It's time to take it back. Sure it will take time and effort but with a good strategy and approach, over the next 6 months, you can kick the habit. The secrets are out and here they are:

1) Have a killer website.

What I love about the business website is that the only thing preventing you from being creative is YOU. ILS's have beautiful websites but how it works is on their terms. You can't move pictures around because you think that bedroom shot would look great next to the floor plans. You're limited by THEIR creativity; not yours. You can pay for videos through them but you have to keep the video there. If you want to spread that video love around to other sites... ummm ... you can't. No wonder why we just set up our properties and go flip laundry. The best thing about tricking out your website is that it gives you the freedom to do whatever the heck you want. No rules, no restrictions. Just your visions... your branding.

The biggest thing new websites need to have is more engagement. Social Media has really upped the ante here. Here are some ways you can engage:

  • Showing Facebook streams and recent Twitter posts
  • These are great ways of demonstrating how great your service is and what type of company you are. Plus it gives your prospects a way to get a hold of someone much quicker by providing links to your Twitter stream and Business Facebook pages.
  • Online Chats
  • Have a prospect who has a question? Besides the phone there's no better way to engage with someone than by chatting online.
  • Contact Pages
  • Sure it's the snail mail version of engagement but you must have a working contact Us page. It's still relevant today. Kind of like "leaving a message after the tone."
  • Blogging
  • Blogging can help us later (SEO) but it's also a great way to teach your prospects, let them learn something about you and get them to come back to read more.

How else can you engage?

2) Claim your Apartments on Google Places for Business

Here's an experiment for those non-believers. Go to Google and search the following terms: "apartments rental baltimore". Do you notice the Places listings that show? What's great about this "organic" search result is that you didn't have to pay to be there. Sure you're creatively bound because it's Google's rules but you're not paying for leads so who cares? Still haven't claimed your listings yet? Stop reading and do it... NOW. Let me give you a word of warning though; Google uses the ApartmentRatings feed for their reviews. [sigh]... Alright I won't beat a dead horse but you know where I wanted to go with that.

3) Craigslist

Sure I've talked about Craigslist in many posts. The fact is I still hear from people who are still not using it consistently. Hey that's fine by us ... more room for our ads. Craigslist takes effort, consistency and creativity. Isn't that one of the things that makes Marketing so much fun? Creativity? You have lots of creative flexibility here... interesting titles, in your face descriptions, sexual innuendos, and pictures to WOW them. What's not to like? Well there are a couple of things:

  • Craigslist takes time.
  • It's worth it. It drives the highest percentage of our leads hands down. Bottom line is it works. I don't want to hear "It doesn't work in our market." Bah. It means your current ads aren't working. Try something else.
  • There are no metrics.
  • There are a lot of software packages that can give you that data you crave. IMO RentSentinel is the best but there are lots of other ones. These software packages are cheap and offer metrics you could only dream about before. Want to find out which templates work, which titles are effective and when the best time to post is? We all do; it's possible and it's amazing.

4) Learn SEO and Crush it.

Search for meSearch Engine Optimization gets your website seen by the search engines. When someone is typing in "Apartments Baltimore" it's getting your website to show up in the organic results. Pull Marketing is great because it's putting your apartments in a prospects face at the exact time they are looking for it. Here's another experiment for you. Type in "Apartments Baltimore" (or your town) in Google. What comes up? What type of effort do you think it will take to get you there? You'll need to maximize the keywords you use on your website, getting great backlinks and integrate with social media. (See Killer Website). The benefits of implementing the right SEO strategy are enormous. Just imagine showing up organically when someone does a natural search. Crazy. Here's a good link to get you started with the basics and there are lots of vendors out there that would love to help as well. It's recommended that you find a good one. If you're interested in some names let me know in the comments or by email and I can get you some. Hopefully we can get some comments below to also help point people in the right direction. 

Is the amount of effort required to do it on your own worth it? I'm not suggesting you should adopt a strategy to get rid of all of your ILS's completely. They have a place in the Marketing mix and ARE effective in driving leads. They do provide a great service. Can you drive leads without them and say NO to the expenses? I'll leave that question dangle out there... just waiting for YOU to answer it. There are so many ILS's now. How do you decide which ones to utilize? Should you decide at all? I don't have some magical crystal ball and can't answer these questions for you. But understand this: "You can do the very things they do." Decide for yourself whether you will. 

Happy renting everyone. 

For additional information regarding ILS relevancy check out this article from April of 2010.

Also posted on BSitko.com

 
This comment was minimized by the moderator on the site

Bill,

I could not agree with you more on many of your valid points stated. It's time for marketers to take a stand and learn it's more than just throwing out an ad on an ILS and hope the shot makes it in the basket! What I will share with you is my experience and knowledge in working with the 20-30 year old crowd that you claim do NOT use ILS for their search.

After doing research with college students at the Ohio State University and recently with a focus group of students from across the US from state, local and private schools you are right they are not going to a specific ILS to search for content. How it works for this age group is it begins and ends with word of mouth. If a friend speaks highly of an apartment community they set up a time for a vist to the community and begin the search on Google. What they are most interested in is validation. They want to know how many places they can find information on Google about this community from company website first, Apartment Ratings, ILS and even Blogs. What they are searching for on Google is valuable information and enough information to validate what their friends are saying. Yes they do not search the ILS itself, but they land there from searching the apartment community name specifically in Google. I think we do not give this audience enough credit for how savvy they really are in searching the internet. Remember they were born with internet & SEO in the womb!!

Like you I was skeptical for many years and had abandoned all marketing efforts for many years by the ILS, but this past year has proven me to rethink my strategies. Just as Facebook, Google, Youtube and many others are ever changing with how the user utilizes these tools so are the ILS listings. You ask which is the best ILS to use, well that's who has the best ability to generate organic SEO pushing your property to the top along with your website on Google. How I decided was searching my competitors name in Google to see which...

Bill,

I could not agree with you more on many of your valid points stated. It's time for marketers to take a stand and learn it's more than just throwing out an ad on an ILS and hope the shot makes it in the basket! What I will share with you is my experience and knowledge in working with the 20-30 year old crowd that you claim do NOT use ILS for their search.

After doing research with college students at the Ohio State University and recently with a focus group of students from across the US from state, local and private schools you are right they are not going to a specific ILS to search for content. How it works for this age group is it begins and ends with word of mouth. If a friend speaks highly of an apartment community they set up a time for a vist to the community and begin the search on Google. What they are most interested in is validation. They want to know how many places they can find information on Google about this community from company website first, Apartment Ratings, ILS and even Blogs. What they are searching for on Google is valuable information and enough information to validate what their friends are saying. Yes they do not search the ILS itself, but they land there from searching the apartment community name specifically in Google. I think we do not give this audience enough credit for how savvy they really are in searching the internet. Remember they were born with internet & SEO in the womb!!

Like you I was skeptical for many years and had abandoned all marketing efforts for many years by the ILS, but this past year has proven me to rethink my strategies. Just as Facebook, Google, Youtube and many others are ever changing with how the user utilizes these tools so are the ILS listings. You ask which is the best ILS to use, well that's who has the best ability to generate organic SEO pushing your property to the top along with your website on Google. How I decided was searching my competitors name in Google to see which ILS generated top rankings in Google. Also I met with some of the ILS companies and talked with them in depth about writing my own organic SEO as well as enhanced features like video. As of today I am only using one ILS ForRent Media Solutions first for the unique features and continual enhancements to the product as well as what ranked highest in Google for my audience. Since June when I signed the contract our lead rate has more than doubled as well as our lease rate just from utilizing this ILS. Just like you I had my doubts on just what you call "throw up some decent copy and let err go" I now realize and have learned from truly networking with this audience they don't search on the ILS, but they find my listing on Google and with the amount of content, video, photos I provide on my ILS validates I'm more than a typical campus landlord. Get this...they even take the time to fill out the Guest Card on the ILS. If you think this demographic is not taking the time to do the search on Google at more than your website you are sadly misinformed. Additionally they DO like to set appointments, take the time to fill out guest cards and send emails for request. You ask why and they say...it feels more legit, official and real. I want to know how they respond, how soon and after all is the best decision for me!

This is my take and experience over the past 8 months and have no plans at this time abandoning my contract with ForRent. I've learned it's about validation and how they are searching which has increased traffic and leases, so to me it's not just really throwing up and ad and letting err go. I will admit I monitor my ILS listing closely from reporting to changing out photos and content. Keeping it fresh just like your website as we all know is what makes a difference for the user. My suggestion first is what you stated and educate yourself as a marketer on how your users are finding you!

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  Kim Cory
This comment was minimized by the moderator on the site

Hey Kim thanks for commenting. To be clear I do want to say that I didn't mean that 20-30 year old DON'T use an ILS. It's just that they don't START there. There are lots of choices in the organic results to choose from. Wouldn't it be nice to get yourself seen there? That's all I'm saying.

We know that most internet surfers don't just view one website. They view many when doing an apartment search. As you said; ApartmentRatings, company website, ILS's... they are all over the place. (Which also makes it hard to keep an eye on "How they heard about us")

You made the choice to use only 1. I'm curious as to why just ForRent... there are tons of other choices out there as well. Would love to get your thoughts. Thanks for commenting.

  Bill Szczytko
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Hey Bill,
You're correct they don't just start there on an ILS. Like I stated " they are not going to a specific ILS to search for content. How it works for this age group is it begins and ends with word of mouth. If a friend speaks highly of an apartment community they set up a time for a vist to the community and begin the search on Google. What they are most interested in is validation."
They find the ILS through searching on Google whether it's the property name or apartments near the university. Students want to see all the places you can be found online not just your property webiste. Everything from Youtube, Flickr, Apartment Rating, ILS, Blogs, University website, etc.

Yes I made the choice to only advertise online with one ILS. This is a costly way to advertise if using all & I do not feel it is necessary to be on all of them at least for my properties. I already have enough organic SEO with property website, video, blog, Flickr that this was just an extension of my placement online (Google). I will admit last year was extremely tough in the student market at Ohio State & felt it was time to give the ILS listing a try. Like I stated I did some research on Google myself to see who had the best organic rankings as well as the ability to customize my own content including video and ForRent won me over. I am thankful for the partnership and we have worked on additional projects together including Text A Resident program. To me it's not only just picking an ILS just because, but one that will benefit my exposure online the most and one that will listen to my concerns, suggestions and act upon them. I'm not paid by ForRent or work for them, but have much respect for the company. It's not that I am not interested in partnering with others, but feel for what I pay for and what I get in return...not just leads or leases, but the service, originality & unique features I am gaining way more than just a monthly fee! Trust me it took me months to really...

Hey Bill,
You're correct they don't just start there on an ILS. Like I stated " they are not going to a specific ILS to search for content. How it works for this age group is it begins and ends with word of mouth. If a friend speaks highly of an apartment community they set up a time for a vist to the community and begin the search on Google. What they are most interested in is validation."
They find the ILS through searching on Google whether it's the property name or apartments near the university. Students want to see all the places you can be found online not just your property webiste. Everything from Youtube, Flickr, Apartment Rating, ILS, Blogs, University website, etc.

Yes I made the choice to only advertise online with one ILS. This is a costly way to advertise if using all & I do not feel it is necessary to be on all of them at least for my properties. I already have enough organic SEO with property website, video, blog, Flickr that this was just an extension of my placement online (Google). I will admit last year was extremely tough in the student market at Ohio State & felt it was time to give the ILS listing a try. Like I stated I did some research on Google myself to see who had the best organic rankings as well as the ability to customize my own content including video and ForRent won me over. I am thankful for the partnership and we have worked on additional projects together including Text A Resident program. To me it's not only just picking an ILS just because, but one that will benefit my exposure online the most and one that will listen to my concerns, suggestions and act upon them. I'm not paid by ForRent or work for them, but have much respect for the company. It's not that I am not interested in partnering with others, but feel for what I pay for and what I get in return...not just leads or leases, but the service, originality & unique features I am gaining way more than just a monthly fee! Trust me it took me months to really decide and jump on the so called "ILS Bandwagon", but it has paid off for me in many ways.

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  Kim Cory
This comment was minimized by the moderator on the site

You summed up my point exactly here: "I already have enough organic SEO with property website, video, blog, Flickr that this was just an extension of my placement online". That's the mentality I'd like to see everyone have. Make the ILS an extension of your placement online. Not the other way around. Thanks for your passion and your comments... again.

  Bill Szczytko
This comment was minimized by the moderator on the site

Good article. We are definitely seeing that more companies reinvesting in their websites and the better ones are investing in SEO and trying to "own" the first page for community name searches by investing in setting up listings in social networks.

I think the biggest reason people are slow to spend on SEO is their reaction to an honest company that tries to set realistic expectations (e.g. getting on page 2 of the Google results for apartments baltimore is more realistic/possible than getting to page one). Despite the fact that property management and community sites can get to the first page (there are two for apartments baltimore), there are hundreds of communities in Baltimore and many dozens of ILSs, Internet Yellow Pages and real estate sites competing for the same 10 spots. And there are structural reasons why ILSs and portal sites tend to come up well. It is a daunting fact, but is not an excuse not to execute.

On the other side, there are competing schools of thought about how much ongoing tweaking is required (for the record, I'm all for getting inbound links, ongoing content development and making your site more dynamic, but I don't believe in chasing algorithms), and the cost that some SEO companies charge ongoing basis to provide work that is hard to quantify and scares people away from getting started. As Jill Whalen says on highrankings.com, just on page changes to your title tag and page content can go a long way, and these are very inexpensive changes to make. At the very least, everyone should work to get this right.

But in defense or ILSs, I see a lot of people dropping ILSs where the average cost per lead is $12 and putting all this money into Google AdWords. While paid placement is beyond the scope of your post, it's about ROI and even if you hate ILSs, if you can generate a lower cost per lease using them, then you should stay on the bandwagon.

  Ellen Thompson
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Great post and some really thoughtful ideas! All these new forms of direct online marketing and community building really add up to create the entire "web presence" of your communiteis. Instead of just one representation of your brand and communities (property website), now there are 10s if not 100s of online places that potential residents can become aware, engage, re-engage, learn about and research, socialize, and hopefully convert...and a lot of these places are out of your direct control. In addition to this fragmentation, you also have to contend with Google's new algorithms that consider fresh, quality content (measured by engagement - fans, followers, likes, comments, shares - i.e, your "social authority") as well as reputation. Now, instead of the relatively streamlined efforts at optimizing your sites and attempting to drive quality traffic to those sites, you need to optimize your entire web presence...by putting good stuff out there in all the many places people can engage, controlling your brand message, measuring and monitoring your reputation, and building community. It's a new world! Check out this blog post I recently wrote about how all these new channels interact and influence each other (no form of marketing exists in a silo!):
http://justinmink.ca.st/53989/2011/01/26/the-story-of-joe-aka-how-apartment-renters-choose-where-to-live-in-2011.html

  Justin Mink
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Hey Ellen thanks for commenting. I'll be the first to admit that getting to the coveted first page isn't easy. Not impossible just not easy. It's worth TRYING though. The ILS's offer a great service but it does limit your creativity. You have to play by their rules. Start with the SEO basics... get those right and move your way up. Do small baby steps. Try to show on the non major keywords first "Baltimore county apartments" ... etc. Then work your way up.

I do agree that paid placement (ie Google AdWords) are the rage. We've tried them and found the Cost per Lead was extremely high. We optimized quite well we felt but couldn't get the numbers to make sense. It IS above the scope of this post but am curious to hear what luck others have had.

  Bill Szczytko
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Bill, having a killer website as number one is right on the money. Whether a property uses an ILSs or not, this should definitely be the 1st priority. Folks have to remember that if you are using an ILS, they too send traffic to your property websites. Make sure that experience for each visitor is just as good, or preferably better than where they just came from.

We can also all learn from the ILS’s. The slick features the ILSs use on their sites have gone through extensive research and testing. They obviously wouldn't add features that would limit lead conversion. Using videos as an example, Capture the Market is a company that several of the ILSs allow to be placed on their site. The bonus here is that you get to control placement of your video, whether you want it on your Craigslist ad, property website or an ILS. Just had to add on to your mantra of “you can do the very things they do”.

  Ed Javier
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Obviously, I’m biased, but I believe ILSs still deliver tremendous value and will continue to do so for years to come. To really understand the crux of your argument, we need to imagine a world without ILSs. So let’s do that…

Let’s say that, for whatever reason, tomorrow all ILSs ceased to exist and no longer appeared in Google’s search results (I have a wife and two kids to feed, so let’s keep it purely hypothetical for now, OK? ;-) Consumers using “long-tail” search terms – i.e. “two bedroom apartments in Chicago” – would probably do alright, because they’d at least get back property websites or Google Place listings for communities in Chicago, even if the quality of the experience varies widely from there. Consumers using more general terms, like “apartments for rent” (there are about 2.25 million of those per month on Google) would have a harder time, having to go through several individual property management company sites to find a handful of listings that might suit their needs. It would be frustrating and arduous experience, and only the management companies with the very largest national footprint would have any success in that world.

Therein lies the value of aggregators like ILSs, at least from a consumer experience. Even in the long-tail example, someone searching for two-bedroom apartments in Chicago will get over 250 properties to choose from on Apartments.com and tools to refine by rent range, amenities, etc., from there.

But back to our ILS-less world…

Now there are hundreds, maybe thousands, of property sites vying for the top of the Google search results, and this is when Google has you right where they want you. Google, obviously, is not a non-profit company. The idea that Google likes to provide traffic for “free” is naïve. Be it your Google Place page or your property website, Google stands to make a lot more money in the long run selling keywords to hundreds/thousands of individual property management companies at very high...

Obviously, I’m biased, but I believe ILSs still deliver tremendous value and will continue to do so for years to come. To really understand the crux of your argument, we need to imagine a world without ILSs. So let’s do that…

Let’s say that, for whatever reason, tomorrow all ILSs ceased to exist and no longer appeared in Google’s search results (I have a wife and two kids to feed, so let’s keep it purely hypothetical for now, OK? ;-) Consumers using “long-tail” search terms – i.e. “two bedroom apartments in Chicago” – would probably do alright, because they’d at least get back property websites or Google Place listings for communities in Chicago, even if the quality of the experience varies widely from there. Consumers using more general terms, like “apartments for rent” (there are about 2.25 million of those per month on Google) would have a harder time, having to go through several individual property management company sites to find a handful of listings that might suit their needs. It would be frustrating and arduous experience, and only the management companies with the very largest national footprint would have any success in that world.

Therein lies the value of aggregators like ILSs, at least from a consumer experience. Even in the long-tail example, someone searching for two-bedroom apartments in Chicago will get over 250 properties to choose from on Apartments.com and tools to refine by rent range, amenities, etc., from there.

But back to our ILS-less world…

Now there are hundreds, maybe thousands, of property sites vying for the top of the Google search results, and this is when Google has you right where they want you. Google, obviously, is not a non-profit company. The idea that Google likes to provide traffic for “free” is naïve. Be it your Google Place page or your property website, Google stands to make a lot more money in the long run selling keywords to hundreds/thousands of individual property management companies at very high costs-per-click (as you acknowledge above, Bill) than they will from a handful of ILSs paying, because of the scale they’re able to achieve, a relatively low CPC. Instead of an ILS rep calling you, it'll be a Google rep, and instead of playing one ILS against another, he/she will be playing properties against each other. “Cats and dogs living together! Complete chaos!”

OK, maybe not that bad. Already you see ILSs broadening the range of services we provide, from helping with your social media campaigns to making posting on Craigslist that much easier, because we know the landscape is changing. In the meantime, we can hopefully continue to deliver lots of high quality leads, and perhaps help shoulder some of the burden of managing all your marketing channels.

One last thing (and apologies for the rambling response): The world we just imagined wasn’t too far from being true. Google’s recent “Panda” release, which was intended to penalize poor-quality or shady-tactic-using sites by pushing them way down in the search results, ended up impacting some ILSs and other aggregators. The fact that most of us were not, in fact, dinged by this update (and based on recent organic traffic trends, might have even benefitted from it) is perhaps Google’s way of saying ILSs provide a good, valuable consumer experience.

Thanks for reading this far.

Chris
---
Chris Brown
VP, Product
Apartments.com

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  Chris Brown
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Of course, I love this topic. Building a better online brand overall is just a better marketing strategy long term. I think the gist of Bill's post is not that ILS's should go away, but that companies/properties need to build their own online assets as well. These assets will benefit your business directly. Sure, we all want to be found, but being found while sitting right above or below one of your competitors, in a list, after someone filtered their search by price as their first (and main) factor is just not good marketing.

  Mark Juleen
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