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:
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:
How else can you engage?
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.
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:
Search 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