Banner

Training Trivia

It is wise and acceptable to use a criminal background check to eliminate any candidates with a criminal record prior to getting to final interviews when hiring.
Powered by Grace Hill
 
 
Total votes: 34
Home Insider Blogs Eric Brown's Blog Blog How Many Fans, Followers and Friends are Required to Self Rent Apartments
Enter your email address for weekly access to top multifamily blogs!

Apartment Blogs


Jun 06
2010

Blog How Many Fans, Followers and Friends are Required to Self Rent Apartments

 Print

Posted by: Eric Brown

My partner at The Urbane Way, and best selling author of the eBoot Camp Book and Series, Corey Pearlman forward a pretty interesting article on Saturday. The post is titled 1,000 True Fans. The premise is that with enough, "True Fans" you can have a self sustained business model. 

Although the article is mostly aimed at creators, such as an artist, musician, photographer, craftsperson, performer, animator, designer, videomaker, or author - in other words, anyone producing works of art - needs to acquire only 1,000 True Fans to make a living.

A True Fan is defined as someone who will purchase anything and everything you produce. They will drive 200 miles to see you sing. They will buy the super deluxe re-issued hi-res box set of your stuff even though they have the low-res version. They have a Google Alert set for your name. They bookmark the eBay page where your out-of-print editions show up. They come to your openings. They have you sign their copies. They buy the t-shirt, and the mug, and the hat. They can't wait till you issue your next work. They are true fans.

How Many Fans, Followers and Friends are Required to Self Rent Apartments

Sound silly, I don't think so. At the Urbane Lab, we have been keeping close tabs on the correlation between Fans, Followers and Friends, as well as Blog Traffic and Web Traffic to begin to determine the Tipping Point of when your Community of Interest starts to feed your business with enough sustainable leads to Self Rent Your Apartments

Are You Tracking Right the Numbers

Most apartment operators know exactly how much "traffic" they need in order to keep their communities at an acceptable occupancy level. They know the conversion ratios of Traffic to Tours and Tours to Rentals, likely by leasing consultant, time of year and all of the other metrics we all chase. But have you ever thought about how much web site traffic, and how much blog traffic  you need in order to fulfill the tour requirements, how many facebook fans you need and blog followers you need in order to procure enough buzz to generate sustainable leads? 

If you don't you should, as there is a direct correlation in the size of your community (friends, fans and followers) against the amount of leads you need to keep your assets full. 

We are available for Social Media Marketing and PR for your apartment community. Our ideas are tested and flushed out on our own portfolio first, giving us First Hand Knowledge of the most cutting edge social media marketing initiatives. 
Ciao Eric 
248-767-4460

 

 


Comments (2)Add Comment
679
written by Jonathan Saar, June 08, 2010
This kind of goes without saying Eric. The debate over the quality of the fans has already been discussed in previous posts. There should be a never ending process to increase your base and look for ways to make them ambassadors of your brand. Good reminders. Thanks for the post.
68
written by Eric Brown, June 08, 2010
Hey Jonathan, Good Morning, Thanks for stopping by. We are trying to get folks to start thinking about the importance of numbers. having said that, I completely get that it is about relevant numbers, however folks can get way to caught up on the purest Social Media jargon, because at the end of the day, numbers do, and have always mattered.
What Do You Think?


security code
Write the displayed characters


busy

Insider Blogs

Brandon Hollembeak The mobile payment revolution is beginning written by Brandon Hollembeak
  Jim Davoren of Apartments.com buying lunch from a food truck by swiping his credit card on an iPad. Chances are you've either heard of or seen mobile payments happening, as opposed to this time a year ago, when the conversations were just sta ...   (Read More)

Tashina Wortham 21 Ways to Show You’re Social [in pics] written by Tashina Wortham
Social Media is powerful—that’s pretty much recognized across the board. But a massive social following doesn’t just happen overnight (unless you're like Jeremy Lin or Madonna). Which is why it can be beneficial to promote your comm ...   (Read More)

Jeffrey Spanke "Rest in Peace, George Carlin." written by Jeffrey Spanke
Think of the resident that you hate. But I don’t hate anybody! I love what I do, and everyone is my favorite person in the world. I work in Moonbeam Twinkle Apartments, just under the mystical rainbow of Avalon, down the street from the chocola ...   (Read More)

Judy Bellack What does the Satisfacts Research survey on “All That Apply: ... written by Judy Bellack
NAA’s UNITS magazine published a Satisfacts Research survey in their April issue titled “All That Apply:  Residents’ Leading Marketing Sources.”  The web-based survey queried 34,000 apartment residents who had m ...   (Read More)

Brent Williams Fair Housing Does Have “Costs” And Should Be Part Of The Dis ... written by Brent Williams
I have a one year old daughter, so when I think about where I want to live, one of the major elements is simply whether there are other families with young children in the area.  So imagine me touring an apartment community and asking if there a ...   (Read More)

Read More Blog Posts