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Does Your Community's Website Retain Residents?

Does Your Community's Website Retain Residents?

There are thousands of beautifully designed websites for apartment communities and management companies on the Web today yet most do little to influence their existing resident base, the ‘bread and butter' of their business. Sure these websites attract prospects. They are designed to sell a company and/or apartment community(s), but the time that has been spent crafting the prospect's online experience has - slowly but surely, and perhaps unwittingly - marginalized the process of creating and maintaining content residents actually care about.

Traditionally communication with residents has been through printed newsletters and notices posted on doors or electronic versions of the same emailed or posted on-line. There is no doubt that a well designed newsletter with good content can be a desired source of information, but its quickly becoming an antiquated mode of communication. Recently Eric Brown of Urbane Apartments suggested that we ditch our newsletters and try a Community Blog in his post DITCH THE COMMUNITY NEWSLETTERS Urban Lab Project#033809 on multifamilyinsiders.com. Eric's idea is viable as one can communicate all that is needed and than some on a Community Blog and do so less expensively and in real time.

Community Blogs are meant to be less formal. Although you control the content they become part of a conversation where residents can comment. They are also a great way to join residents' discussions, provide tips and insights and receive feedback. When used in a forum where one's main objective is not to sell, a deeper connection forms between residents and the on-site team. The benefits of a Community Blog allow companies to:

  • Offer an easy way for residents to find the information and resources they want and need.
  • Deliver communication timely and keep the information current.
  • Build community. Through good content and discussions stronger relations develop with existing residents.
  • Broadcast a unique lifestyle at their community(s). Postings and comments reflect a community's personality and set it apart from other apartment communities.
  • Build creditability when on-site staff post and respond to comments. According to Edelman's 2008 Trust Barometer Report, consumers say that a company that blogs is 1/3 more trustworthy. Trustworthiness skyrockets to almost 2/3 for "people like me"-that is, people who share interests and activities with the consumer you want to persuade.
  • Control their brand. The main advantage of a blog is that it provides a microphone for the community setting it up, offering control over the subject matter and the degree of interactivity.

Company's concerned about receiving negative comments should remember that objectivity raises trustworthiness. So if a company or representative has made a mistake, own up to it. Then when a company praises itself its more credible. One can restrict comments to residents only and generally speaking residents are less inclined to make baseless comments when their identity is posted along with their comments. While this will not stop someone from making negative comments, monitoring and responding appropriately to such comments can keep a community's reputation in a positive light. Foul and truly inappropriate comments can be removed.

Blogging allows a community of people with similar interests to contribute to a mutually beneficial resource. A site featuring up-to-the-minute news of interest pulled from a wide variety of sources and contributed by an ever-growing group of individuals can become a rich and valuable retention tool.

 
This comment was minimized by the moderator on the site

What a fantastic post Gabriele. I have been preaching this since I started in this industry. Coming from Europe originally I find myself 10 years behind when it comes to getting on to the world wide web. Doesn't help I am in Colorado where we seem to be extra behind. Where I come from if you want your company to succeed no matter how big you are, you will have a good and functional website. For the big dogs they increased their revenue by 80% with creating a website (this is in Iceland).

Not only is it very customer friendly but it saves a lot on paper cost and when you take the cost over a year and savings I am very surprised why all the management companies aren't pushing this.

  Vala Vieregg
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Gabriele, Good Morning
Thank you for the mention of our article in your post, much appreciated.

For the numbers folks out there, our web traffic for our blog and social site exceed 7,500 visitors per month. Note that we only have 320 total units in our boutique portfolio, The power of this is significant, but I digress. The difference is, folks are choosing to read and or visit the site, not throwing away something that is forced upon them.

We are avid supporters of a single blog, for a region, as opposed to one off community blogs too, for a variety of reasons. If a larger regional player would adapt this, they would dominate their area. Think about the numbers, we have generated 7,500 visitors per month from a 320 total units, what if you had the power of say 3,000-5,000 units geographically behind this concept.

In addition to what you have laid out, there are also a plethora of positive SEO benefits to your parent web site that benefit from the blog posts and incoming link love.

We also use the UrbaneLobby.com, http://www.urbanelobby.com/ a Ning based site set up specifically for Residents to meet and greet, exchange photos, videos,and blog posts etc. They go there to pay rent, log service requests and to socialize.

  Eric Brown
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Gabriele -

Great post.

Eric, I think your experience is very unique in that you serve one very distinct segment of the population. And while I agree 100% with your strategy, regional players, more times than not, serve diverse segments of the population via C+ to A+ properties with varying amenity packages. I am not 100% convinced that one blog would appropriately serve an entire region unless the assets and thus the clientele were of one similar segment. That being said, I remain open minded about the subject.

Gabriele, I worked with Equity Residential prior to moving to St. Louis and we made the conscious decision nearly four years ago to do away with the printed newsletter and no one ever missed it. I think it ran its course not because of social media but because no one cared about the content. I both encourage and applaud those who make the decision to trash it.

I firmly believe the mantra that content is king not unlike you suggest in your - build community - bullet point above. And, branding is the feeling you create in your constituents - blogging is a brilliant way to serve rich, vibrant and relative content that drives feelings and SEO at the same time.

Thanks for the great content - I look forward to more.

M

  Mike Brewer
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I am curious Eric, what occupancy is your property sitting at. Everyone are hurting in this market today, I wonder if you manage to stay a step ahead with your website (Which I btw loved!)

  Vala Vieregg
This comment was minimized by the moderator on the site

Hi Vala,
On our stabilized properties we dropped to the low 90's over the holiday's, but have pumped the occupancy back to the mid 90's and we expect to be in the high 90's by months end.

We have two properties that we are developing, and are in a lease Up state.

  Eric Brown
This comment was minimized by the moderator on the site

That is awesome, what are your comps sitting at do you know?

  Vala Vieregg
This comment was minimized by the moderator on the site

I actually do not pay much attention to the comps. I do not mean for that to be taken out of content or sound sharp,

  Eric Brown

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