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How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property...

Date post: 21-Jan-2015
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A visual journey through why social media matters to property management and how they can use to reach business goals.
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Copyright © Neighbourhood Buzz Communications. 2013. Prepared by: Steve Ballantyne, Director of Business Development at Neighbourhood Buzz Trusted by Canada’s best property management companies. How social media can benefit property management.
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Page 1: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

Copyright © Neighbourhood Buzz Communications. 2013.

Prepared by: Steve Ballantyne, Director of Business Development at Neighbourhood Buzz

Trusted by Canada’s best property management companies.

How social media can benefit property management.

Page 2: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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You’re busy, we appreciate your time today.

Page 3: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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What this presentation is about

What is social mediaWhy it matters nowWhat you can doThe tools & getting startedReal life examplesThe benefits, costs & questions

Page 4: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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What do we mean by social media?

Social media are media for social interaction, using highly accessible and scalable publishing techniques.

Source: wikipedia

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Being social is nothing new…

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@georgesbarber

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@greedisgood

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57,341,078 likes

35,278,176 likes

40,818,619 likes

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Source: http://www.6smarketing.com/

Say hello to Canada’s “Resident 2.0”

Page 10: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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Canada’s digital landscape in 2013

• 41+ hours per month online, 2nd globally• 25 hours viewing video, 2nd globally• 17% increase in smartphone adaptation • Facebook remains dominate social site,

several rising stars to watch though.• Retail e-commerce hit $22.3B, up 10%

Source: 2013 Canada Digital Future in Focus www.comscore.com

What does it all mean…

Page 11: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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The shift in communication

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#scary

Page 12: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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Why it matters now #1: Technology is everywhere

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Why it matters now #2: Everyone is Oprah

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Why it matters now #3: The Generation Gap

Page 15: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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What can I do?

Page 16: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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Business Goals Supported by a Social Media:

Retention: Improve sense of community & customer service in apartment assets (help make it a home)Acquisition: Increase rental leads generated from your websiteReturn on Investment: Increase ROI on existing web assets through increased exposureBranding: Support modern and relevant brand messaging with active web presence

Why bother?

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Tools that can help improve lead generation, retention & customer

service.

e-newsletters

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Nobody likes Marketing.

Everybody loves value.

Timely Information

Community Discussion &

Search Results&

community articles

Community development&

Brand equity

e-newsletters

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Content Marketing System

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1. Goals2. Audience3. Messaging4. Execution5. Management

Getting started…

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Page 22: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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Page 23: How Social Media can benefit Property Management. Neighbourhood Buzz presents to the London Property Management Association

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Sales leads

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Brand Evangelists

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Blog article topics that have real value for residents

How to decorate your apartment for the holidays.3 date night ideas in High Park.Top 3 fitness trends for 2013 in Ottawa.Finding the perfect roomate.Maximizing your apartment bathroom.First time renter: Do you need tenants insurance?Balcony do’s and don’t’s. Kitchen tools for cozy apartments.5 in 5: 5 essential shops within 5 minutes of Motion.Stay active in Abbotsford this winter.4 tips to keep you warm in Edmonton this winterBest cheap eats around west Brampton

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Benefits of having a social media presence.

Retention: Pro-active customer service and community developmentAcquisition: Increase web traffic and online footprintReturn on Investment: Increase ROI on existing web assets through increased exposureBranding: Be more than elevator notices and late rent lettersCut other marketing expenses: Save money on print and pay per click advertisingMarketing as an investment: Value of web presence grows with each article, follower, and email

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Costs of having a social media presence.

Opportunity cost: What else you could be doing with your timeOverhead cost: How much internal management time is this takingOutsourcing cost: Paying 3rd parties to strategize, create, execute.

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What’s the ROI Ballantyne?

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Thank [email protected]

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