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Internet Marketing- how to harness it and put the media power
back in your own hands!
- REIWA Learning, May 2010
Charlie Gunningham
2Internet Marketing
INTROs
- Me- Flavour- Order- Objectives
3Internet Marketing
TIMING
9-10.45am: History, Effects, DBs and CRMs, 11-1.15pm: web sites, revenue, traffic,
2-3pm: SEM, SEO, portals, sites3.15-4.30pm: social media, conclusion
** Leave with an Internet Marketing Plan! **
4Internet Marketing
Charlie
Your name please!
5Internet Marketing
Who are you?!
Sales Reps/PAs?Sales Admin?Property Managers?Executive/Licensees/Principals?
6Internet Marketing
OBJECTIVES
3 things you want to get out of today?
7Internet Marketing
CAR PARK
things that may have to be handled later
8Internet Marketing
HISTORY
9Internet Marketing
ARPANET, 1968
10Internet Marketing
11Internet Marketing
Let John Heileman explain…
_ ‘Discovery Science’
Channel doco
12Internet Marketing
13Internet Marketing
Net EFFECTS 1. How many of you have purchased something online in the last 6 months?
2. Do you normally search online, before buying offline?
3. How many hours a day are you on the Internet?
4. How many emails do you send/receive/day?
5. What happens in your office (and to you) if you do not have internet connection and/or your emails go down?
6. What % of your property enquiries come from the Net?
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Net EFFECTS
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16Internet Marketing
Architecture
17Internet Marketing
Architecture
18Internet Marketing
Intranet/Extranet
19Internet Marketing
TRAD ADVERTISER … doesn’t do it for me anymore
http://www.youtube.com/watch?v=heSudg-tfIk
20Internet Marketing
Ad Spend in Australia - 09/10*
1. Takeaway Food …..….$3343m
2. Real Estate Agents ……...$1563m 3. Auto Industry ……….$997m4. Banks ……….$966m5. Supermarkets ……….$774m
Source: IBIS World Research, July 2009
21Internet Marketing
55% of enquiry from online ads
Real Estate Agents AD Spend ...$1563m- of which, online ad spend …$240mn
you could argue for 50:50 split (print/online)
- so offline ad spend …$240mn
which implies $1bn is wasted?!
22Internet Marketing
ONLINE Databases/CRM*s
What’s your Ideal?
(* Client Relationship Management)
23Internet Marketing
CRM/Database
Customer Relationship Management (CRM) consists of the processes a company uses to track and organize its contacts with its current and prospective customers.
- info about customers and customer interactions, stored and accessed- typical CRM goals are to improve services provided to customers, and to use customer contact information for targeted marketing.
(Wikipedia.org)
24Internet Marketing
YOU NEED A SYSTEM
- ‘house’ clients- organise contact with them- manage your time best- feeling of being in control- results, success, rewards- work the system
25Internet Marketing
WEB-BASED
- ubiquitous- upgrades auto- no large upfront- as secure as your login
26Internet Marketing
PROBLEMS!
- suspicious reps- only fraction of system gets used- becoming a data entry monkey- huge learning curve for new system- ‘it never works’ -> start again- ‘it’s a waste of time!!!!’
27Internet Marketing
Off the Shelf
28Internet Marketing
My Desktop – market leader
WA –based, Commerce Australia (75% owned Fairfax)Scott Wulff, est mid 1990s
- various types of logins, - all inclusive price, - we can build sites directly off it; they have feeds out, SMS, full CRM- market leader- based in Perth- Scott and Adam and the people there are friendly- regular training provided
http://www.desktop.com.au/ 1200 agencies in Aus
29Internet Marketing
PORT PLUSMelbourne, independentEddie Lynch, est. 2000
- used by some franchises, 1st National- #2 position nationally- making inroads into WA- not owned by a large media company- do web design in-house as well (a bit “samey”?)- based in Melbourne; not everyone loves them!
- http://www.portplus.com.au/
30Internet Marketing
HubOnline
set up by 2 independents, bought by realestate.com.au- was market leader, now #3- has gone downhill since REA bought them?- founders have left- buy in modules- based in Melbourne
http://www.hubonline.com.au/real-estate-software/
31Internet Marketing
Boom CRM (Box n Dice)
Travis Williams’ system, est 2005- ex real estate agent- used to be intranet (only in office)- easy green/yellow/red traffic light system- excellent graphics, clear and concise- no inroads yet in WA?
http://www.boomcrm.com.au
32Internet Marketing
MultiArray
large system, expensive / on servers (real estate manager, property manager, strata manager)est 1987 - George Sih, Sydney based
- large system, not for faint hearted- good for multi-offices?- starting to make inroads in WA
www.multiarray.com
33Internet Marketing
iWon
Peter Gilchrist (New Zealand)- agency coach- sales and managt software- if using Peter’s system, then worth looking at- not based here, remote?
http://www.iwondata.com.au
34Internet Marketing
Console
est. 1993- Australia & New Zealand- no one on ground in WA (yet?)- incl property managt, trust acc’g & CRM = “Gateway Live”- 3000 reps use it in Aus and NZ (# offices?)- was being marketed in WA heavily a few years ago, has waxed and waned a bit…? But some still swear by it
for more >> www.console.com.au
35Internet Marketing
iProperty
based in North Melbourne- gained a following quite quickly- simple CRM, not v advanced
“ a basic system, which has become popular in Melbourne ”
http://www.iproperty.com.au
36Internet Marketing
Real Estate in a Box
aussiehome.com’s test system- web-based, linked to aussiehome.com properties/ agents- based on ‘trail’ system, action plans and activities- office sets it up for reps to follow
“ Brand new, being developed, some agencies testing it ” http://www.reiab.com
37Internet Marketing
Complete Data
Lee Woodward’s system- desktop based, some web inputting- can buy individually, per seat ($750)- can take it with you (when you leave)- controls your life?!
“ Maybe the most complete system? very time consuming, not for the fearless. The ultimate if you can handle it? ” http://www.completedata.com.au
38Internet Marketing
Market Manager
set up by Brian & Eva Oldfield, bought by REIWA- desktop based? Web based to a degree- auto import of REIWA data- some CRM capability, letters, prospecting. Training
“ Some of us know Brian; likeable guy; maybe put too much in it, got too complex? for sales data it beats everything through the REIWA connection “
39Internet Marketing
Others? DIY?
Decisions based on:- upfronts + ongoing- web based?- - link to web site?- run my own results?- easy? Useful?- customise? Support?
- uploads to sites?
40Internet Marketing
eNewsletters(1st step???)
_ client database_ easy to edit templates_ flick the switch, off they go_ news, events, stats, advice_ no print cost, collect emailsREIWA Property Management Breakfast, 16th July 2009 Slide 40
41Internet Marketing
”Beware the patient who has not been in hospital for 50 years and complains they are not feeling well… there is something wrong with them”
“
42Internet Marketing
Great things happen slowly
- the frog in the water being heated up- climate change- ageing process- paint dry…
43Internet Marketing
Do you need to have a web site?
Why, exactly?
44Internet Marketing
90% of sites are still brochure sites
- 1 way, (“static”)- no interaction- not grabbing emails (#1 goal)- flash, html, no updated, not SEO’d
45Internet Marketing
“Dynamic” sites
- powered by database- update DB, updates site- CMS to update rest- interactive- social- local- mobile
46Internet Marketing
Why have a site?
1. Branding2. Differentiation3. Your listings only4. Your message, in control5. Power of the media, broadcasting
47Internet Marketing
It’s like having your own radio station!
48Internet Marketing
XML
- databases talking to each other- very complex, prone to error- continual maintenance by provider- very important
- talks to your CRM- updates all sites in one
go
49Internet Marketing
Personal Site
- www.imselling.com.au- sub domain of agency site www.aussiehome.com/firstname-secondname- also keeps the hits coming to your agency site
50Internet Marketing
Why have a site?
6. Make it earn money!
51Internet Marketing
< lunch >
DONE! History, Effects, DBs and CRMs, DONE! Your web site, revenue,
NEXT! Traffic to sites, SEO, SEM, portals3.15-4.30pm: social media, conclusion
52Internet Marketing
The eternal questions – HOW to build traffic? WHY SHOULD WE KNOW? What to measure?
1. Know thyself (measure it)2. Google Analytics3. Smarter Stats4. Nielsen/Hitwise5. Alexa.com >> demos
53Internet Marketing
MeasuringTraffic
1. Hit? << NO!2. PageView3. Visitor Session4. Unique Visitor/Browser5. Time per visit6. Bounce Rate7. Repeat Visitors
54Internet Marketing
Building Traffic
1. Self2. Word of mouth3. Cross media4. Social media5. SEO6. PPC - Facebook
55Internet Marketing
Building Traffic / cont…
7. PPC – Google8. Partnerships9. Linking10. PR, events, editorials, awards11. Ads
56Internet Marketing
Google Eyes (SEO)
- reads text, can’t read images- hates flash, frames- reads top left to bottom right- reads title tag- reads <H1> <H2>.. Tags- reads text on page- loves to see updates of text, and links IN
57Internet Marketing
PLUS
- being updated- relevancy- popularity- older- larger
58Internet Marketing
59Internet MarketingREIWA Property Management Breakfast, 16th July 2009 Slide 59
60Internet Marketing
Just a few case examples…
_ “broome real estate” hutchrealstate.com.au
_ “northbridge apartments for sale” limnios.com
_ “subiaco real estate” paxtonhoad.com.au
61Internet Marketing
62Internet Marketing
63Internet Marketing
64Internet Marketing
•URL Rewriting- creating dynamic SEO friendly web addresses (instead of ‘Egyptian script mumbo jumbo’!)
www.yournamecom.au/real-estate/subiaco/address
65Internet Marketing
66Internet Marketing
Search Engine Marketing (SEM)- beyond SEO, what else can you do?
1. Google Adwords2. Facebook Ads
- CPM = cost per thousand impressions - CPC = cost per click- CTR = click through rate
67Internet Marketing
How much to get 27mn+ views of an ad?(and only pay if they see and act on it)
- Facebook: < A$4,000 (over a year)- Local paper: A$200,000++?
68Internet Marketing
Australia – real estate sites
- quite a choice- online monopolist in REA?- Google a life saver?
- in the end, it’s about service- and it’s the inexorable shift from print -> online
69Internet Marketing
GOOGLE Real Estate
_ July 6th, 2009, 3pm_ new way of being found_ aussiehome, REIWA, upload for you_ your web sites can also be uploaded_ REA and domain are not (yet?ever?)
70Internet Marketing
71Internet Marketing
Go to Google Maps, enter “subiaco real estate”
72Internet Marketing
http://maps.google.com.au/realestate
73Internet Marketing
GOOGLE Real Estate
_ get yourself on there (YOUR URL)_ future: your web site + google?_ makes your site most important_ is there any danger here? Not for you, but YES for large real estate
portal biz models
74Internet Marketing
MOBILE_ Last year, it didn’t figure_ now = 10%+ traffic (30% w’ends) _ by 2013, mobile web > PC web_ 140,000 iPhone apps_ App Store: 2bn downloads_ Gen X (28-45) buy 60% homes, their PC is their mobile
75Internet Marketing
MOBILE
_ mobile builds brand, trust, pride _ iPhone apps “cool + Sexy”_ it’s how you promote it_ it’s only a 2 year old market
* weekends – h/opens – mobile *
76Internet Marketing
MOBILE
1. Your site on mobile 2. Mobile apps
* we already do mobile sites * & offering apps soon
77Internet MarketingSherry Chris, CEO, Better Homes & Gardens Real Estate
78Internet Marketinghttp://link.brightcove.com/services/player/bcpid25681338001?bctid=45945430001
79Internet Marketing
MOBILE - most sites do not look good - only 5 apps in Australia
- @ what cost?? (I hear you scream)
80Internet Marketing
MOBILE
< recent BLOG onBusiness2.com.au
81Internet Marketing
82Internet Marketing
Power that is SOCIAL MEDIA
- free- powerful- scares big media silly- elected a President- not being used by your competitors (yet)
83Internet Marketing
SOCIAL MEDIA – defined
Social media refers to web sites whose information comes from its USERS.
http://www.youtube.com/watch?v=pg4C2wayqCo
- incl blogs, youtube, facebook, twitter, flickr, slideshare, foursquare, …
84Internet Marketing
Chad Hurley, Cofounder, Youtube.com
85Internet Marketing
Mark Zuckerberg, Founder, Facebook
86Internet Marketing
Biz Stone, Founder, Twitter.com
87Internet Marketing
NOW Age of Social (media)
1994 Age of Surf
1998 Age of Search
FUTURE Age of Semantic Web
88Internet Marketing
“Markets are conversations”conversations among humans sound human
natural, uncontrived, honestpublic switch quickly
tell us something! (then we might speak to you)
business is only part of our lives, it’s all of yoursThe Cluetrain Manifesto: The End of Business as Usualby Christopher Locke, Rick Levine, Doc Searls, David WeinbergerPub 1999 : read it for free at www.cluetrain.com
89Internet Marketing
At its most basic, you could (should) be…
BLOGGINGon FACEBOOKon TWITTER
90Internet Marketing
Advantages SOCIAL MEDIA
- Cheap! and fast/instant- Reach / Accessible- Can be updated/improved- Democratic (power to the little guy)- It involves your clients (directly)
91Internet Marketing
BLOGGING 101
- a “web log”- foundation of SM?- Blogger.com / Wordpress / other- leave comments, post- video blog (“vlog”)http://blog.aussiehome.comhttp://www.therealestatemarketingmaven.com
92Internet Marketing
THE RULES…not expensive in $’s
Blog often, blog interesting
Show your passionEncourage staff to blog
Be authenticIdeas spread
Allow public to comment
93Internet Marketing
You’re asking the wrong question, but since you asked…
Better Traffic & SEO to your site
Fun, empowering for you/staffListen + Learn from your public
Gather interesting contentWhat goes around comes around
“Markets are conversations”= the future of marketing?
94Internet Marketing
Look at blogs, read loads of them
If you had a soap box, what you speak about?
Start one today (it’s free – www.blogger.com)
How could your media
(your website) have a blog?
95Internet Marketing
Blogs are fantastic for SEO!
96Internet Marketing
97Internet Marketing
MarkAnderson’s<< BLOG
98Internet Marketing
PODCASTING
- audio file (usually)- DIY- have them downloadable
www.byoaudio.com
99Internet Marketing
SOCIAL MEDIA in Aus
_ Facebook: 6mn visitors (+95% p.a.)
_ MySpace: 3.5mn (only +5%)
_ Twitter: 800,000 (up from 13,000)
_ 70%+ net users visited social netwks (+29%)
_ social media/ blogs more pop than personal email 10% of ALL time on Internet = on social media
100Internet Marketing
Cont…
_ 64% marketers spend 5hrs+/week_ It took radio 38 yrs, TV 13 yrs, Internet 4 yrs… to reach 50mn users … it took Facebook 9 mths to get 100mn!
Source: 17 Aug 09 eConsultancy.com
101Internet Marketing
- Setting up a Page- Making comments/updates- Uploading photos- finding friends- how might you use this?- should biz be mixed with pleasure?
102Internet Marketing
Do your own FACEBOOK Pagefree ‘n’ easy to set up
people find youyou’re in control550,000 in Perth
more > 40 than < 20500/day in Perth join
103Internet Marketing
Set up a FACEBOOK Group/Business Page
invite people inpublish events, goings oninteractive shop window
everyone gets to know
104Internet Marketing
Set up a FACEBOOK Group/Business Page
invite people inpublish events, goings oninteractive shop window
everyone gets to know and/or LINKEDIN.com
105Internet Marketing
Linda Davis, real estate selling agent, Ledyard, CT
106Internet Marketing
Ledyard, CT community
page
(a landingPage)
We could feedIn your listings
too!
107Internet Marketing
Linda Davis, Ledyard, CT
MY GOAL - top sales person
* concentrate on one area * personal, be YOU, persist, don’t YELL!* yes, YOU DO HAVE TIME – prioritise* have RULES, build relationships
Don’t be “that guy” that abuses it!
108Internet Marketing
FacebookiPhoneApp >
109Internet Marketing
FREE FACEBOOK Business Page e-Book
by Peter Fletcher
TheRealEstateMarketingMaven.com
110Internet Marketing
3. Post your own FACEBOOK Ads
Direct + targettedSet a budget
Easy to set up, edit, cancel + monitor
20mn+ views ($2900)
111Internet Marketing
FACEBOOK Policy
AddictiveTime Wasting
Haven’t got time!
You need a policy, and stick to itHave a reason, WIIFT, part of marketing
112Internet Marketing
4. TWITTER! (your own + company)
100,000+ in PerthGrowing fast
Very easy to update‘micro-blogging’
Word out, top of mind
113Internet Marketing
- “Twitter for real estate Twits!” (free ebook)
http://issuu.com/nerang/docs/twitter_for_real_estate_twits
114Internet Marketing
5. Upload movies to
Obama did 1,67887 mn views
Av age 45-55 yrstag ‘perth real estate’
Own TV channel!
115Internet Marketing
6. LINKEDIN.COM
Facebook for grown ups?Professionals
Worth having a profileOnline CV
40 million members +
116Internet Marketing
7. Foursquare(iPhone App) > www.foursquare.com
118Internet Marketing
119Internet Marketing
Real Estate applications?
_ download the app, link to FB and twitter_ add your own business_ check in, and leave tips_ tell others about it_ check in @ home opens_ ask people for reviews (tips)
120Internet Marketing
LOCAL
< recent BLOG onBusiness2.com.au
121Internet Marketing
It’s no longer the 4Ps of marketing(price, promotion, product, place)
It’s the 3 i’s ...
“Getting the right information to
the right eyes at the right instant”
122Internet Marketing
Lower ad coststargetted, effective marketingRaise Traffic + improved rankings
Fun, empowering; learn & interact
Drive client loyalty more sales and profits
MOST powerful when you mix them
123Internet Marketing
TV show dedicated to using social media in real estate
Aussiehome.com TV Episode 9
124Internet Marketing
This is what C21 are doing with Social Media in USA…(courtesy Business2.com.au)
125Internet Marketing
Best Blog for social media and how to use it in real estate
Therealestatemarketingmaven.com
126Internet Marketing
Altitude’s Facebook Page
Search ‘Altitude’ in FB’s search box
5500+ fans! = real online community
127Internet Marketing
Rob Ham’s Twitter page
Twitter.com/rob_ham
2000+ followers, well organised page
128Internet Marketing
OK, almost done!
- empty the car park- check objectives
- MY INTERNET MARKETING PLAN
129Internet Marketing
MY INTERNET MARKETING PLAN
CRMWeb Site – needs… enewsletters, interaction, SEO, traffic… how? Who?
SEO phrases are (80 characs), test, which? techniques
SEM – Facebook, Google Adwords, budget
Sites – what others? Google RE? direct upload
Social Media – Blog, Facebook Biz Page, FB ads, Twitter account, 4Square…
Who’s going to do this? What’s the strategy/policy?
130Internet Marketing
The Ultimate Internet Marketing System?
131Internet Marketing
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