Who wouldn't want to share this beautiful photo? That's probably what Lennar Homes thought when they posted this lifestyle image for one of their new home communities in Texas. For a lot of us, it's not about the house. It's about what we see through our windows and the spaces outside where we explore with a small child on a Saturday morning or get out for a run after work. These kinds of images cut through the burden of home buying details and give buyers a sense of how it would feel to live in that home. If you are an Influencer, you want to share this image with people you know. You can't help yourself! It's a gorgeous piece of shareable content. Builders want to be thinking about how to get relevant content to their Influencer audience.
I received this infographic about Influence Marketing today. It got me thinking about who the Influencers are for a new home sale.
Here are three influencer categories from my perspective. What do you think?Realtors - They can influence their clients to consider the benefits of a new home while they are also looking at resale homes. We recently wrote a post about what Realtors want from Builders.Connectors/Brand Advocates - Connectors are people who love to share content with their networks. They are easy to find if you can send a short NPS survey. You can use a question like, "How likely would you be to refer people in your network to our new home communities?" Nothing better than a one question survey - fast, easy and takes no time away from your customers. When you have this data, take the responders with the highest score and do a quick search to see who is most active digitally. Even if it's a handful, you have the seeds of an Influence Marketing effort. Sales team members may intuitively know who some of these Connectors are, and they may be ready to broadcast for you. All you have to do is ask and share content. The Social Media Examiner has written a good article with 9 reasons you want to engage with these Influencers.Lifestyle Bloggers - If you can connect with a Blogger in your markets, you have a way to leverage your content across a much larger group of home buying consumers. GroupHigh helps companies build profitable relationships with Bloggers. They offer a good database of Blog titles, subject matter, audience demographic, audience reach and tools to easily cultivate relationships on behalf of your builder brand.
I love this quote because it reminds us to aspire to give our brands greater meaning. And I think it also makes it easier to connect with Influencers. Builder brands are thoughtfully designing living environments that inspire a sense of community, provide an environment for families to connect and offer spaces for renewal and creativity. Influencers will tell people about the important work you are doing, if you can find and engage them!
Have you identified your influencers? Do you have a Social Influencer Campaign in place?
We'd love to hear from you, and we are actively seeking guest bloggers on this topic. Please connect with us if you are a Home Builder Marketer and would like to cultivate this conversation further through a guest blog post or series.
Thanks for stopping by and engaging with us.
Cheers!
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, an e-commerce, and mobile procurement platform delivering branded products used throughout the new home selling cycle. Builder Promotions proprietary GroupBuy service enables Divisions to benefit from collaborative purchasing.
This week I was a participant in one of the best webinars I've seen, bar none. BDX (The Builders Experience) spent 30 minutes showing Builders how to help Realtors bring their clients to see new home communities. I've included a live link to the Slideshare here for anyone who wants to get this information in a quick and concise format. There are some great "aha" moments in 9 information-rich slides.
Builder Promotions has been designing Realtor Referral programs for many years. My goal in listening to the Webinar was to get a solid grasp of the specific challenges in cultivating Realtor relationships in today's market. Everyone knows that the digital house hunt has changed the game for Builder Marketers. What I learned is immediately actionable to anyone with a list of Realtors in their market and web content they can repurpose to help educate and engage them.
As a professional with Sales Management background, I was intrigued by the potential to add Realtors to your salesforce for very little upfront investment. Essentially Realtors are asking Builders for education, relationship building and respect that you are sensitive to the part they play in helping their clients navigate the new home buying process. According to experts, Realtors are ultimately representing 89% of all home buyers. They play an important role in new home sales by providing third party validation of Builder product and shepherding their buyers through the new home buying process. They are in your markets working with prospective home buyers already.
How do you reach Realtors currently? Maybe you are doing enough, and maybe you want to test new points of contact. Perhaps you are just beginning to put marketing dollars toward Realtors again now that the market is trending up. Either way, here are 4 examples of solutions you can use to add Realtors to your sales efforts with tools from Builder Promotions.
New Homes Sales Companion - Realtor Mobile App - $3000 to develop your complete App, and make it available to any Realtors you target in your market. Includes educational content about your new home sales process, convenient access to your listing feed, mobile client registration and key policy documents Realtors need to work effectively with you. There is a click to call or click to email button that Realtors can use to call you on the spot and make an appointment for their client.
Video Brochure Direct Mail Campaign - $50 per realtor to develop a 5" x 8" dimensional video brochure that marries the power of video with the benefits of print and graphic design. This is aimed at showcasing your new homes with video you already have, like this video tour by Trendmaker Homes. Print design outlines the new home sales process, registration process and key contact information so that Realtors can share it with their prospects. Campaign design support and direct mail included.
Realtor Referral Digital Platform:Digital gifts pair with a landing page that captures Realtor contact information or survey results, and rewards them with easy-to-redeem digital gifts from your builder branded site. You set the gift budget! Landing page design is $750. Reports on contacts that redeem are FREE. Consult to help define reward structure - no charge.
Personalized Realtor Promotional Kit: Create a set of cost-effective branded gifts that are personalized for key realtors you are cultivating. Here's an example: a microfiber lens cloth is a product that does double duty as a brochure for new home product.
Use it to communicate the basics of the new home buying process and personalize it with the Realtors contact information, "compliments of" your builder brand. $1 each! It's a cost-effective way to educate about the new home sales process. Personalizing these for Realtors let's them reinforce their relationships with their clients, while telling them about new homes sales as an option, too.
We'd love to hear what you are doing to engage Realtors in your market. Head over to our Facebook page to share your ideas or post pictures of your Realtor events. Thanks for stopping by!
Cheers!
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, Inc. an e-commerce and mobile platform with a proprietary group purchasing system for Builders of all sizes. The platform enables builder marketers to manage branded products used throughout the home selling cycle, from any device.
We've launched our own Corporate Mobile Appto help our clients Search, Shop and Purchase their community marketing supplies from their mobile device. BP clients engage with us in a lot of different ways. Some people LOVE to shop products in our enormous search engine while others delight in the efficiency of our e-commerce platform to make fast purchases for their regular marketing supplies. And we've found that a lot of our clients use gifts as a way to express their creativity and differentiate their communities. I love BP's Mobile App because it lets everyone do what they like and makes it fun to shop too! Our App is available in the Itunes Store or the Google Play Store.We are listening to our clients everywhere we can. One thing our clients tell us is that they are crazy busy. Procuring branded products to merchandise models, complement special events and welcome new customers into their homes, is one small task among a broad range of priorities they must attend to every minute of every day.
Our Mobile App is one more step in the direction of making it fast and simple to order builder marketing supplies. More than 50% of us now make e-commerce purchases on our mobile devices, and that number is growing. 30% of Builder Promotions' clients use our e-commerce platform to make their purchases, and that number is growing too. Where do you make your e-commerce purchases? Smart Phone, Tablet, Laptop, Desktop, Smart TV, Smart Watch?I am thrilled that Mobile Apps can be designed to support a portable work lifestyle. Builder Marketers are constantly on-the-go. Here are some benefits that make our App a fun addition to your virtual office:
Fast, tons of choice (search engine with 600,000 products)
Crisp large pictures that make it easy to see on your smartphone.
In a meeting wondering what to do for your grand opening? Pull out your tablet or smartphone, open the App, search and shop right there on the spot.
Oneclick to call. One click to quote - Done! Pass it on to our team to handle.
E-commerce from anywhere.Click to order your quarterly stock of doormats, flags, and private label water in the 2 minutes you have before your next meeting!
Access your company e-Store at builderpromotions.com. One tap on the e-Store tab and you are there!
Thanks for stopping by to talk Mobile with us! We appreciate your engagement.
Cheers,
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, the Builder's single source for branded products used throughout the home selling cycle. Builder Promotions is an e-commerce company devoted solely to Marketers in the new home vertical. Our App is available in the Itunes Store or the Google Play Store.
2015 has flown by, and I can't believe we've already opened our Holiday Card Pop-up Shop! We've made it easy and fun to select and order your Corporate Holiday Cards with a simple click of your mouse. There are 800+ Corporate Holiday cards to choose from with lots of ways to sort and view on your screen. We are confident that you can find that perfect card to convey your Holiday Greeting to Customers, Realtors, Employees, and Stakeholders.
We know Builder Marketing teams are busy closing out the year and getting ready for 2016. By using our Holiday Card Pop-up Shop, you can check the box on one more Marketing task, and keep your team's focus on meeting your year-end goals.
You can sort by popular cards, themes, photo cards, art cards, etc. Here are links to a few of our favorites!
In an industry that is decentralized and local-buy-design, Local SEO can make a significant difference in the number of leads generated. With 90% of home searches starting online, Builder Marketing Managers need to think about how to differentiate at the "point of search". One very cost-effective way to do this is to ensure that you are optimizing your website for Local Search.
Model Home GPS is a Local SEO product packaged and sold by Builder Promotions for the New Home vertical. We deliver Model Home GPS with our Digital Partner, Gotcha Mobile Solutions.I had the opportunity to interview CEO, Chris Jenkins this week. He has both real estate and digital experience. He speaks directly to the challenges of the New Home vertical and the reasons why Local SEO is a no-brainer for this industry segment in particular. We are excited to be sharing his insights about the potential to build traffic at your models and compete against resale product.
Marketing Blueprints: Why is Local SEO important for new home builders?
Chris: New home builders have an advantage over resellers when it comes to local, primarily because the new home builder is pushing their brand that is their style of homes. Resellers have to get agents and agents then have to get customers. Home builders can focus more on their brand, the services they offer, the style of their homes, the market or type of customer they target, etc.
A solid local SEO program can deliver this message much clearer for a new home builder than for a resale home.Every business that has any kind of online presence needs a good local SEO program.It is no different than saying every business needed to be listed in the Yellow Pages 10 years ago. Local SEO is all about taking control of a company's name, address, and phone number (NAP). If the company does not do this, then they are leaving it up to the masses of aggregators and directories to do it, and believe me, they get it wrong most of the time. Consistent NAP is foundational for a business’ online presence.
Besides this, Model Home GPS, which is powered by Gotcha LocalSEO, is super robust. It not only handles the control of a company's NAP, but it covers many other areas as well. First, we go beyond NAP and also push out expanded content. This means we collect up to 45 additional data points about a business and push them out to our directories and sources - i.e.,; content such as services provided, bios of team members, videos, photos, events, etc. We also push content out to the major aggregators and are instrumental in setting up a verified Google+ page, Apple Maps, and more. In addition to that, we provide analytics. Clients can log into their dashboards and view traffic and activity related to their Model Home GPS program. The program also provides review tracking from approximately 12 review sites so Builders can see new reviews and manage them appropriately.
Marketing Blueprints: Why should Marketers ask a lot of questions when they purchase Local SEO services?
Chris: Just like any type of marketing service when it is fresh and new, many companies will get on the bandwagon to sell them and make profits. This is fine except that, for end-buyers, it becomes increasingly difficult to tell which is better from one to the next. We understand this dilemma. We have been in the SEO game for many, many years now and work very closely to Google through our AdWords association as a Badge Partner. I mention this because Google's advertising program relies on their search algorithm. So we are trained experts at understanding how search works and why. Because of this, the size of our company, and our knowledge of what our competitors can do, we have the advantage of being able to make our program more robust. We can go deeper into our ability to truly help a business rank higher in search results. This delivers a much stronger foundation to attract prospect calls, website visits, and Sales Center tours for New Home Communities.
Marketing Blueprints: Why are images important and how can Builders leverage this?Chris: A picture is worth 1,000 words. Need I say more? The home builder industry has known this for a long time and spends time and money on capturing beautiful and inviting images of their products. We can help by providing additional exposure to these images through our program. One SEO tip: make sure the names of your images are “keyword” relevant. This means the names of the images mean something. “img_22323.jpg” holds zero value in the SEO world whereas “Plantation-home.jpg” is much more valuable.
Marketing Blueprints: Google+ - does it matter? Why?Chris: Google’s eco-system is super huge! They see over 100 Billion searches a month, Youtube receives the equivalent of 685 years of video viewed monthly, Gmail, Google Play Store, Android, Google Drive, and so much more are part of this eco-system. Google+ is a vital part of the local search system and therefore, needs to be set up correctly. We do that for Model Home GPS clients.Marketing Blueprints: Can you talk about how people can measure results?
This isn’t as cut and dry as we’d like it to be. We offer analytics that will show exposure and clicks from certain directories to your business profile. We show how your business may be showing up for certain keyword search phrases related to your business category. But the sheer amount of actual calls, foot traffic, web traffic, etc. that you may receive as a result of our program can be tough to measure 100%. What we do know is that approximately 80% of the businesses on our program say they notice improvement and more business as a result of what we do for them. But remember, the digital marketing game covers much more ground than you may think and to actually have a high performing website or digital marketing program you need to spend money and cover many different areas. For example; have a great local SEO program, excellent on-page and off page SEO for your website, maintenance on your website, an AdWords campaign, social ads campaign, and any number of other options available to market your business online.
In today's highly charged and fragmented digital world, the top businesses are investing in multiple areas of digital marketing to ensure the most coverage that translates into traffic that then translates into sales. Local SEO is a digital staple for most enterprises, but for Home Builders, it's a necessity because being close to the local market is critical to attracting the right prospects for each new neighborhood in your portfolio.
Thanks, Chris! We are excited about being able to offer a robust program with an affordable monthly fee ($149). Builders can test this program with a few models and track engagement before rolling it out to improve traffic at all their Sales Models, or just use it tactically to build traffic to new locations.
Thanks for stopping by. If you'd like a quick review of your Local SEO results, give us a call, and we'll help you gain some visibility.
Cheers!
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, Inc., an e-commerce company managing the marketing spend of branded products used throughout the home selling cycle for New Home Builders. BP Digital is a service line of Builder Promotions, delivering cost-effective, easy-to-purchase digital solutions that support the home selling cycle.
I was intrigued by one quote in particular which was from Samantha Yeh, Marketing Manager at Bitly:#5 take away from SMX East: "More than 86% of time on your phone is spent with an App".
It's hard to imagine how quickly we have become dependent on mobility. In the blink of an eye, we went from using a flip phone to walking around with portable computers that are enabled by an explosion of mobile Apps that are useful, informative, fun and engaging.
In this blog, we've been talking about our Sales Center Concierge App which provides services for prospects visiting new home sales models. It's a low-cost, simple way to personalize the shopping experience and begin a mobile relationship with home buying prospects. For a lot of businesses, a Mobile App can be a simple and cost-effective first step to a Mobile Strategy. We have a blueprint for this App, and we use your existing content to deliver a great sales center visit experience, by packaging it for busy prospects who are making time to include your sales models in their weekend activities.
We've just published our BP App, too. We know Builder Marketers are increasingly pressed for time and do much of their work on-the-go. We want to be right there with you when it's most convenient to purchase from our Builder-specific e-Store Collection. Here's the Google Play link to download for your Android device. Apple takes a couple of weeks to publish, so we'll keep you posted when it's live.
We are simplifying the purchase of digital tools so that you can buy an App as easily as you can purchase DoorMats and Flags. ModelHome2U is a great example. When consumers tour your models, they can scan a QR code, text a number or link to a short URL and activate an email of a link or PDF for their favorite model(s). When they decide to review what they've seen on their tours, they have immediate access to the exact model(s) they fell in love with. Your most-desired content is right there when they need it without having to search all the floorplans. I bet your competition isn't doing this. It's a small promotional tool that delivers a big "delight factor" and a supportive brand touchpoint.
The adoption of Mobile can be seen globally, as you know. This summer, my family traveled deep into the mountains of the Yunnan province, absorbing the warmth of the Tibetan people who have lived there for centuries. One day, we stopped at a historic town to pay our respects to an important mountain in Tibetan culture (a ritual followed by anyone who travels to this area). I noticed a woman in brilliantly colored traditional Tibetan clothing looking like she was intently focused on a particular piece of the temple wall. I wondered what the significance was and walked over to get a closer look. That's when I realized she was using her iPhone to make a call! Another day we visited a prominent 300-year-old Buddhist Temple and the young Monk who welcomed us, put down his iPhone. My teenage son commented that he was playing FIFA. So what's your favorite App? Mine is Pandora. They have packaged and curated music to virtually "score" the movie of your daily life. You use Pandora to relax, entertain, dance, cook, do homework, enjoy a ride in the car or get motivated for your exercise -- all this value for only $3.99/month. To me, it's pure genius. Home shopping consumers have a lot of information to manage. A well-designed App can package and curate Sales Center Visits, Mobilize Design Center choices or manage the details of their home purchase with a Digital Home Manager. What would you like to develop? How can we help you?
Thanks for stopping by.
Cheers!
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, an e-Commerce platform delivering branded products used throughout the new home selling cycle. The company offers centralized control of marketing spend and peace of mind that your brand is protected in every market. Users can purchase their marketing supplies anytime, anywhere, from any device.
A Home Builder brand wants to inspire future homeowners to live their best life in a new home and to enjoy the total lifestyle that a planned community offers. Builders want to fit into the ideal of what a new home will offer for home buying prospects.
#YourBrandinTheirLife refers to branded products that support consumers in their daily lives.
I got to thinking about how our e-Store products integrate into "life" for home buying consumers so that we could give builder marketers one more way to nurture prospects during the home selling process. Branded products tend to be low cost and utilitarian. And, they can be a valuable marketing tool to remind prospective home buyers of their connection to your communities. But they have to integrate into your prospects' daily activities.
Here's an example using my typical Saturday morning routine. These products integrate into my activities and could easily promote a brand I like.5:45am:
I get up early (before anyone needs my assistance), and have a cup of coffee. My objective is to carve out a little time before I go to an insane exercise class, followed by a day of boys soccer. I need to wake up, stretch and enjoy a little content on my laptop. My coffee routine is a space where I devote time to getting set for the day. Starbucks has transformed the coffee ritual, and stylish coffee cups are now part of the coffee experience. I love mine because they are symbolic of this quiet time in my day. And, I always seem to need more of them.
6:45am:
I gather everything I need to make the most of my morning outing. Like many consumers, I am combining errands with my activities. I'm also making use of time in the car to connect with people about plans. Here's my checklist for leaving the house (and yes, I'm running late, aren't we all?).
Power Charger (late dinner, forgot to charge my phone last night)**
**My teenager has "borrowed" my portable charger because his phone is out of power. Fortunately, I can recharge it easily, and I have a back up in my briefcase, so I can call my friend on the way home.
These are small, inexpensive, and utilitarian products that make it easy to go about living our daily lives. You can't brand everything, but consumers accept that products like this are sometimes branded, and if they are of good quality, they are appreciated as thoughtful gifts from brands they like.
Builder Promotions e-commerce store is set up to serve these gifts to the Home Builder vertical. We are told by our clients that they love the simple layout with quick access to categories that sync with the home selling cycle. And whether our clients make a fast e-commerce purchase or email to get a project going before they end their day, the feedback is, it's great to be able to do mobile shopping and still get a human on the phone when it's most convenient to speak directly.
I don't know what your Saturday morning looks like, but I bet you use a few products that make your life easier. Could they be branded? Probably! Maybe you can find new ways to integrate your brand into your prospect's life while they are deciding where to purchase their new home.
Thanks for engaging.
Cheers!
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, an e-commerce solution offering Convenience, Control and Peace of Mind. Our branded products are used throughout the home selling cycle.
Companies that sell tangible goods are starting to stake their claim as Digital enterprises. Should Builders follow this trend? Who knows, but it's worth thinking about, considering the tectonic shift to digital house hunting by today's home buying consumers.
Several months ago, I read an article about Dominos Pizza transforming itself into a technology company that sells Pizza. It makes perfect sense because fast food restaurants deliver convenience and value. Consumers are used to procuring their pizza anywhere at any time of the day or night. It used to be we'd just pick up a phone and order a pizza from virtually anywhere. Mobile technology makes it possible to do the same with any mobile device, which means customers are ordering pizza from a smartwatch, a smartphone, a tablet and in the not-to-distant-future from a Smart TV. So Dominos has figured out they are actually in the technology business because they need to design the best user experience possible on these mobile devices.
This week I saw a GE ad on TV. GE referred to itself in this ad as "The Digital Company that is also an Industrial Company". This is a strong statement from a corporate manufacturing giant. They have always been in the business of helping enterprises perform better to improve life for their end users. With data science and analytics, they have digitized that value proposition. So if GE is staking its claim as a digital business, why not Home Builders? Home builders are in the business of helping people design their best life at home. Buyers dream, design and imagine their new home life in front of a screen for much of their journey to purchase a new home. This means that Builders have to invest in a digital experience that fuels the aspirations of their home buying prospects.As I was writing this post last week, Builderonline.com published an article entitled "Technology as the Builder's most effective power tool".And the article ends with this question: "Ask yourself which kind of company you are – a builder, like many others, or a technology company with specific expertise in building homes?" It's no secret that buyers are using digital tools to find their way through the new home search and almost all other aspects of buying a home. A visit to a sales model has always been an opportunity to let consumers experience beautiful designs in person. It's arguably the most important conversion after a digital search. But now, it's also a critical touchpoint for connecting consumers to digital assets when they are at home househunting from the comfort of their sofa, again.
How does a builder stay connected after a sales model visit? One innovative Developer just launched the first personalized sales model brochure with RFID tagging. They've used technology to help consumers visit models and then personalized model brochures created with RFID tracking technology. If you've ever been followed around an open house by an enthusiastic realtor, you will appreciate that this makes it possible to give consumers more of a self-serve shopping experience, with sales people to consult as needed/wanted. As a consumer, I love this idea.
If I were managing a sales team in this space, I'd take a page out of David Weekley Homes marketing playbook and call them Advisors. I recently signed up for their newsletter to learn more about their brand strategy and market positioning. I received several responses from David Weekley Homes Internet Advisors who thought I might be looking for a new home. They each greeted me warmly and asked me thoughtful questions about my interest. They offered to provide answers and guidance in my search. The whole interaction felt more like concierge service and less like a sales person trying to get me to buy. I'm not in the market for a new home, but they would have easily engaged me if I were. All of this happened through a brief email exchange.
If being digitally-focused makes for a better customer experience, is it worth positioning yourself as a technology company? Does an enterprise act differently if it identifies as a technology or digital company? Time will tell, and I'm sure more than a few builders will have taken the road less traveled and become "the technology company with expertise in selling homes".
Thanks for stopping by.
Cheers!
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions an e-commerce company that delivers convenience, control and peace of mind. Our builder-specific branded products are used by marketers throughout the home selling cycle.
If you are a home builder, a successful marketing event means you are introducing a prospective buyer or a realtor to your homes (in real time!). You have a chance, in-person, to showcase all the custom options that make buying new such a delight, and people get to experience what it feels like to be in a beautifully designed home. Anyone visiting a new home community also sees how the outdoor environment interplays with your models, and they begin to imagine their life in those spaces and environments. But that's just one day. It's been a successful event, and then everyone goes home. And chances are, your prospects are still looking at other competitive products, weighing their options.Last week, we launched a Community Event Marketing e-Store to help builder marketing clients extend the impact of successful events. We know our marketing clients are using every mean possible to keep prospects connected to their brand.
The products in our Community Event e-Store are tools that work for you before, during and after events. They have the potential to draw a crowd, and they keep prospects connected to your floorplans, virtual tours, home albums, and other digital content.Some products work for you as mobile billboards and let people in the local area know about your new home community, too. We have selected products that integrate, enhance and fit into your prospects life to support their connection to you and nurture interest in your brand. We hope you take some time to shop around. Here's one product that provides a fun family experience at home.
Our Digital Reward cards, reproduce photos of your homes and lead prospects to a branded landing page to redeem their digital gift (in this case a movie rental). When they redeem their gift, they supply their contact information. Our team quickly formats that data into a report for your Sales and Marketing teams, so they can follow up on prospects who attended your event.
The gift, landing page, and reports are all included in your cost!Digital Movie rentals are a fun way to showcase your Great Room design. Check out our other digital reward gifts; Tree Planting, Music Download, Fitness Download or customize a Digital Choice card. Click here to learn more about how other industries are using digital rewards to engage prospects and capture important data too. You can use your redemption landing page to survey, capture contact info., promote a new community, or deliver specific detail about green building benefits.
The key is that the gift integrates into your prospects' life in a way that connects them to your new home benefits. And, for this particular example, who doesn't love an excuse to enjoy a family movie night!
How are you connecting with prospects after your events? We know this is one tactic of many! Thanks for engaging.
Cheers,
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, a branding and procurement platform that ensures brand consistency throughout the home selling process.
I recently did some marketing consulting for a start-up firm who had purchased Salesforce.com. I loved having one central tool for capturing prospect brand touches and engagement, but I was stunned at the cost per subscriber, and unhappy with the price to "customize" for our business. That set me on a search for a CRM partner that would be nimble and easy on the budget. CRM is a business "must-have" when you are managing lots of prospects, and there are many options out there.
When, I heard Lars Helgeson, CEO of GreenRope, speak at a Digital Marketers conference, I knew I had found the CRM expertise I'd been seeking. I asked to interview him for Marketing Blueprints because our clients are managing a large segment of the nation's home buying prospects. Great CRM is paramount to the new home sales process.
Here's our interview:
Leslie: CRM “Customer Relationship Management” has different operational meaning to different people. How do you define it?
Lars: Salesforce dominates the CRM conversation, and that creates perceived barriers for mid-market and smaller companies who benefit from the efficiencies and expanded marketing capability of an effective CRM tool. Some people think CRM is the same as their contact database. Others think it’s synonymous with their email program. Within the framework of the Homebuilder industry, CRM is an eco-system that works to generate new homeowners.Leslie: What specific features should a CRM tool encompass?
Lars:It’s important to say that features are only as powerful as their ability to integrate and provide a 360-degree view of your prospect’s journey to purchase a new home. That said, an effective CRM tool needs to deliver:
Customer Relationship Management
Email Marketing
Social Network Marketing
Opt-in SMS Text Marketing
Real-time Tracking and Stats
Automated Sales Tools
Survey tools
Event Management and Calendars
Project/Task Management
Predictive Analytics
Leslie:70% of leads generated by marketing efforts are not ready to make a purchase, and that makes a compelling case for the importance of Customer Relationship Management in any industry. Builder Promotions’ clients know that they have to educate and engage prospects to move them closer to purchasing a new home. Why do people stall their decisions to adopt a holistic CRM tool?
Lars: Our customers have told us that it feels like a big change, and that equates to time, which is scarce for Marketers everywhere. People don’t realize that it’s relatively simple to get started. Most marketers have a list of contacts or leads. A smart CRM partner will get that data input for you during the onboarding process. You can start using the CRM eco-system immediately to segment and target your list. That drives conversion because you are relating to prospects more specifically and demonstrating that you understand what they desire from their new home community.
Leslie:GreenRope has built-in predictive analytics. It's an exciting area of CRM that has immediate application to the homebuilder sales cycle. Can you tell us about how that works?
Lars: Let's talk briefly about Analytics and its value to Marketers. Analytics is defined as the discovery and communication of meaningful patterns in data. You look at any website analytics, and you can see how many people visited your website, who is referring to you and how people are searching. Ideally, analytics delivers actionable insights in service of your business goals. That's what Google and other analytics services offer. With the right CRM tool, you should get proprietary tracking that looks for specific contacts in your CRM to see how they are engaging with you. Analytics offerings like Google and others cannot do this because they don't track individuals. Only a good CRM can do this for you.
Now, the next step is to understand Predictive Analytics. Your CRM will capture data about your prospects and every engagement they've had with your brand. Predictive analytics looks at this historical data (tracking of homebuyers throughout the sales cycle) and builds a model around what causes conversions, or actions that lead to the purchase of a new home. We've made it simple to correlate conversions during the sales cycle, to home purchase behavior. Once you apply that model to people who have not yet purchased a home, you know exactly where to spend your Marketing and Sales energy. It's empowering for Sales and incredibly cost effective for Marketing.
Leslie: Can you share some of the benefits of a good CRM system?
Lars: I always use GreenRope as an example. We are a company of 20 people supporting 1700 clients in 20 countries because of automation and the portability of information. CRM gives people a user-friendly way to view prospect demographics and behavior. The CRM eco-system tracks anonymous data until a prospect self-identifies through a conversion (registering, filling out a survey, taking a tour, etc.). When prospects do self-identify, the CRM tool back-fills all the data and Sales gets a map of the buyer’s journey. It’s very simple and powerful.
A sales person cannot find all the new homebuyers in a market. You need inbound marketing to fill the sales funnel and educate prospects.After a year on average, GreenRope’s clients are up 75% in revenues. A good CRM tool makes it simple to centralize, organize and relate to your prospects. It then enables you to take historical information and apply it to future prospects in with predictive analytics. The outcome should be more home sales, and referrals from long-term happy customers.
Thanks, Lars! If you want to learn more, feel free to connect with the GreenRope team at GreenRope.com. We know that builders are investing in quality content that invites prospects to tour their beautifully designed homes. The right CRM tool won't break the bank, and it will expand your capacity to produce sales-ready prospects.
Thanks for listening in. How are you supporting your prospects' home buying journey? Do you have a favorite CRM tool? We'd love to hear from you!
Cheers,
Leslie Bridges, Chief Blogger
Marketing Blueprints is sponsored by Builder Promotions, a centralized procurement solution that delivers brand consistency throughout the new home sales cycle.