Archive for the ‘Apartment Marketing Support’ Category

A Good Article on Link Building

Monday, September 7th, 2009

Hooked on the Idea of Link Bait?

By P.J. Fusco, ClickZ, Aug 26, 2009
Natural search engine optimization (define) can often require an investment of time and money that many online businesses aren’t prepared to make. In its most elemental form, SEO consists of three components: technical optimization to ensure content can be crawled by the engines, content optimization to help get indexed for targeted words and phrases that convert, and link building, which generally speaks for itself. What most folks fail to understand is all three elements are bound to each other.

You’ll only get a so-so performance from link-building efforts if you invest in creating phenomenal content that is hidden behind an uncrawlable online destination within an unindexable content management system (CMS). To make your content seen, it must be visible to both search engine spiders and humans, as well as located at an unappended, static URL, to be considered optimal.

Similarly, link building is predominantly about creating link bait, but link bait only works with great content that can be promoted through old and new marketing venues alike. You have to invest in content creation. You also need to promote the heck out of it.

Before you jump straight into link building, understand just how ready your site is for serving up some link bait. To do that, we need to agree what link bait is.

Eric Ward, also known as Link Moses, describes link bait best: “What many people call linkbait or Link Bait, I call content.” Essentially, link bait can be just about any content you create anywhere on the Web that inspires other people to link to it. Inbound links can be aggregated to a page within a site, a blog, a forum, an archived e-mail newsletter, a photo journal, a product review, an all-Flash for fun page, or something similar.

The ultimate result of link bait is to bring higher traffic to your site and, consequently, improve your search engine positioning for targeted keywords or keyword phrases. The real question is: are you really ready for creating some link bait?

Let’s look at some obvious possibilities for creating link bait. Baiting the hook with link-worthy content usually centers around six different constructs. On the upside, there are news items, helpful resources, humor, and entertainment. On the downside, there are controversial opinions, confrontational attacks, and fear mongering.

News items can be leveraged to produce link bait by just about anyone for nearly anything. News items and newsworthy events work well for garnering global, regional, and especially local links. So you first have to ask if your site can be a reliable source for serving up current news and events.

You can grow a solid readership that turns to you when they want to know what’s happening in the neighborhood, community, city, state, country, or world. But first, an area of your site has to be able to serve up the content in a technically optimal manner.

You can’t just set up a news and information section within your site and expect your first link-bait expedition to be a winner. That’s why incorporating blog software like WordPress or Moveable Type into your site might be a necessary prerequisite if your CMS can’t handle building out an optimal article archival process. As I said earlier, link building can require an investment of time and money before you ever start to figure out what type of content will be created for link bait.

Remember, creating link bait isn’t always about having an article make it to Digg’s home page. If every time you post notable news items on your site you gain 1, 2, 5, or 10 prominent links, then the articles did their job. Don’t underestimate small increases in legitimate link-building initiatives. In many cases earning just a few high-quality links can help you attain your link-building goals more efficiently than trying to hit an article out of the link-bait park every time you send an article up to bat.

If the news or event-based link bait works on pages within your site, don’t hesitate to bring the content to the forefront of the site, even if it’s a storefront, especially if the links you’re earning help build anchor text links for highly coveted keywords and phrases.

Providing news or event notices to a virtual community is a great way for you and your business to become an active member in actual communities. Annual events, in particular, can be the focus of link bait year after year. It’s just a matter of recognizing the opportunity to meld one occasion with another to channel your hard-earned links to an optimal online destination. That’s the great thing about link bait: when you figure out what works, you can readily recycle the process again and again.

Next time, we’ll look at a few link-bait campaigns that worked and discuss some of the trappings of producing controversial content. Until then, think about how news and events or how-to content could be a part of your overall link-building strategy to determine if you are really ready to create some link bait.

A Great Article on How Linking Can Impact Your Website’s Performance

Sunday, September 6th, 2009

The Apartment Industry has few real successes in the website world as far as properties or portfolios go… This article may offer solutions to overcome that.  Seems like this would be a good Chamber of Commerce Issue.

Why Linking Is so Important for Ranking

By Mike Grehan, ClickZ,

Jul 27, 2009

The science of information retrieval on the Web is continually developing. Because of new discoveries and alternative methods of identifying popular results, search marketing has to continually develop with it. Yet, just last week I talked with someone who’s still trying to come to terms with why links are so important for a Web site to secure a prominent spot on a SERP (define). Sometimes I’m guilty of assuming that, by now, everyone understands why links are the building blocks of a successful SEO (define) campaign. But the search marketing industry is still emerging and new people are coming in every day. So, here’s a refresher on how linkage data became such an important factor. By about 1996, the early search engines began to discover that ranking documents based purely on content similarity (between the query and the document) was no longer sufficient for two reasons. For one, the amount of content created between the mid- to late ’90s was so huge, the abundance of information made it too hard to identify the top 20 pages to rank. Second, it was easy to spam search engines by keyword stuffing and creating doorway pages to manipulate ranking. During 1997 and 1998, a whole lot of research work was carried out in the field of applying social network analysis to the Web. The two most important ranking algorithms to emerge were Google’s widely known PageRank and the lesser known HITS developed by Professor Jon Kleinberg. Social network analysis is the study of social entities (people in an organization known as “actors”) and their interactions and relationships. And these interactions and relationships (networks) can be represented in a graphical format. Search engines take this similar approach, viewing the Web as a virtual social network. In this way, each page can be regarded as a social actor and each link between pages can be viewed as a relationship. Two important concepts of social network analysis are factored into hyperlink-based ranking algorithms: centrality and prestige. Centrality basically means that a person with extensive contacts (links) in a community is usually considered more important than a person with relatively few. And prestige is pretty much based on the number of important people linked to you. This is why we talk about quality of links being more important than simply quantity. As I explained these fundamentals to my friend last week, a light bulb genuinely seemed to go ping. At least he now understood the reasons for moving away from purely text-based analysis to a refined measure of prominence for one page over another, even when they have similar content. Of course, that leads immediately to the SEO chestnut: “How do I get links?” And yes, I’m smiling as I type it. It’s a question I’ve been asked at every conference or via e-mail hundreds of times. In particular, smaller businesses and owners of smaller Web sites seem to puzzle over this more than others. I’m afraid, just like the real world offline, the rules online aren’t much different. Small businesses are, well, small. Large businesses are large. The bigger the brand, the more likely it will get links. Stop and think about this: How did the big boys get so big? They didn’t all start big. Most big companies started small and grew. In a similar manner, this is what small companies online need to do. You need to set goals for growth (a large dose of patience is also required). I once asked a guy from a search engine how a small business online can attract links. He gave me this great analogy based around network theory. He said to imagine moving to a new town where nobody knows you. What’s the first thing you do? You start to introduce yourself and meet new people. And then pretty soon you’re part of the community and you’re building up your reputation. Who’s to say that one day you won’t be mayor? My best advice for getting links has always been: “Stop thinking about links.” Start thinking about promoting your business with a smart marketing strategy and links become a byproduct of that. Develop a niche and a reputation for yourself as providing the best customer service or the fastest delivery times — whatever it is you do to differentiate from your competitors. That is where the linking advantage is. One exercise I always go through with clients (big and small) is to ask them to write down 10 reasons why I should link to them. Sit down in front of your own Web site, alone or with your team, and ask what compelling reasons there are for other people to link to it. I haven’t actually seen anybody get beyond five or six. But it’s a good way to assess the strength of your value proposition, whatever it is. If you can’t get beyond why your friends and family should link to your site, you may want to ask what the purpose of building it was in the first place!

Apartment Marketing, Sales and Leasing Fundamentals

Friday, September 4th, 2009

In the course of our daily grind, we can easily become distracted by so many things… We need to collect rent. We need to have tenant files correct. We need to complete the repairs and maintenance. Unfortunately, leasing requires time every day.

Here at www.apartmentmarketingsolutions.com we’ve learned the hardway.  Leasing requires careful attention everyday.   We need to identify our apartment competition.  Compare them on the basis of features, size, convenience, service, and other items that residents will consider.  We must understand what other multifamily  portfolio concessions look like.  We have to ensure we compete on price for the same apartment unit features.  And, that is a beginning.

We have to ensure our leasing  collateral is accurate and ready to go.  We must understand how to present our multifamily property characteristics.  And, we have to be armed to successfully sell them as resident prospects call or visit our property.

Next, and a new complexity in today’s apartment leasing world, we have to a great website that tells about the community, the property, apartment amenities, and apartment features.  The more we provide the better our opportunity to lease.

This is all great, but in my  estimation these points are fundamental.  The real key to successful leasing is careful attention each day to driving and closing traffic.  As operators, we have a responsibility to find out what is going on in the conversations, where they  fail, where they succeed, and so on.  Single minded focus on all elements of earning a resident prospect and improving the opportunity to close with the prospect on a new apartment lease.

Senior Renting in the Coming Decade

Wednesday, September 2nd, 2009

First, rentership for citizens over 50 years of age has been rising.  In 1990 the rate was 23% and today the rate has risen to over 26%.  The recent financial crisis should drive this percentage up significantly on wealth loss alone.  Further, the effect of the crisis has sharply reduced the expectation that the home is a good repository for wealth.  The two factors together could push over 50 rentership by 10% to 15%.  We expect the percentage is likely to increase from the  2006 level of 26% to a leve that could grow to 35% or more over the next few years.

Do New Agency Loan Value Percentages Impact Operations?

Wednesday, September 2nd, 2009

The short answer many properties are being thrown into default by these changes.  Properties meeting LTV, DSCR, and other required metrics are suddenly underwater.

Consider the effects of these changes plus increasing capitalization rates on owners and investors.  Projects that made tremendous sense a few months ago now are struggling.  Over the coming months many more will face the same issue.

As this situation comes to its full head, properties will sharply reduce expenses in numerous ways cutting repairs and maintenance, staffing, marketing costs, and almost any area they can pursue to push up their value before the appraisal, improve DSCR results, and many more.

Tips for Leasing Apartments Online

Monday, August 31st, 2009
Great Article by Garland Pollard at BlackCow Press
Categories: Content Development, Web

Tips for Web use for ApartmentsSo you have an apartment to lease. Either a weekly lease, monthly or yearly. And you’ve done all the things, including newspaper, CraigsList, local apartment guide, even a few fliers to neighbors. And you still have some un-rented inventory.

What’s next?

Make sure your web site and total online presence is where it needs to be, from email to website to Google Adwords to Search Engine Optimization for Google, Bing and Yahoo. A few ideas:

  1. Make your photos real. So often, websites show canned or old photos, and have non-descriptive language. If you can’t afford a professional photographer, get out there with a camera yourself and take lots of creative angles. You can hundreds of photos with a digital camera; shoot away. Be creative. Yes, you want images that show the room, but you want the images to POP out at the reader.
  2. Show floor plans. Potential tenants want to imagine what they will be getting.
  3. Make sure the right numbers are on your website. Yes, you want the office number on the site, but do remember to keep the rest of the telephone numbers on your website. A few minutes delay might mean you miss out on a tenant.
  4. Make it Melrose Place: No, we aren’t saying that Heather Locklear will need to be there. Instead, what we mean is that you need to “brand” the name and place as a community and way of life. If your clientele is just out of college, you want to play up the social aspect. If it is mid-life folks, then there is another approach to take. Go around and talk to the people who have lived in the apartments the longest, and like it. They will give you the scoop on what makes your place unique. Remember, outside of the signage and the architecture, your “brand” is the people who live and work at your complex. Consider having a web-page where you only list former tenants and what they loved about the place. “I lived there in 1973. Gosh those were some great days at Piney Apartments!”
  5. Meet the staff: Do you have a lawn company or maintenance man? Show them on the site. Not only does it give them a boost, it tells the potential tenant that this complex is a place where the staff is valued. That message will translate to the potential tenant as this is a place that will take care of me.
  6. Talk to Realtors. Realtors who do relocations might be a good source of referrals.
  7. Use Google Adwords. With Adwords, you pay for clicks, not exposure. That means that your apartment community or resort gets exposure even if you don’t pay.
  8. Use lots of noun-based copy. Search engines can only find your information through words, and adjectives are not as important as nouns. So use lots of words and descriptions for your apartments. Don’t use lots of descriptive words. Instead, use facts, such as size, color and amenities. For instance,  you would say “oleander-lined walks” rather than “pretty” walks, or you might say “brick-lined paths” rather than just nice landscaping. This might sound extreme, but you can even mention paint colors, flower beds and the like. Read our tips on Search Engine Basics for ideas.
  9. Have faith! While the economy is in an awful spot, everyone’s in this mess so just keep at it and you just might even build up a waiting list.
  10. Know your architecture: At some point, someone designed your apartment buildings with a vision, however modest. Make sure you know that. For instance, if it is a complex built in 1962 by a local architect or developer or contractor, mention that on the site. People have confidence in other people; you are trying to differentiate yourself and every tidbit of information helps.
  11. What are the benefits? Find benefits where you don’t think there are benefits: If you have shaded parking, that’s a benefit. If you have a pool, make sure that it is an”intimate” pool or a “jungle” pool or a pool with “dozens of deck chairs and card tables where residents play chess every Tuesday.”
  12. Take advantage of Social Media. You can spend a lot of time in social media sites like Twitter and Facebook, promoting your apartments. Sometimes it pays off, sometimes not. But even a little bit of effort helps to get search engines like Google and Bing to find your name, and associate your apartment name with keywords.
  13. In the neighborhood: Don’t be afraid of old fashioned shoe leather. Yes, the web is powerful. But make sure you make yourself known to other nearby apartment communities and businesses that are near to your apartments. They will certainly be able to refer people if they know of someone.
  14. Post the rules but be flexible: When new tenants are hard to find, you need to keep the ones you have. Better to train an old tenant to be a good tenant than to have to find new ones. That being said, a person who finds your apartment over the web wants to know some of the expectations. For instance, are guests quiet at the pool after 9 p.m., or is there a Friday night pool party? How many parking spaces?
  15. Make sure your site is running properly. Look at your site on different computers and browsers. Does it load quickly? Do you have analytic software installed so you know where your traffic originates and what they are looking for? Do you have all the pages up that you need?

Top Apartment Feature and Amenity Search Items

Monday, August 31st, 2009

I found this list posted by Primemedia on LinkedIn today and thought that this could be useful.

The apartment features and community amenities consumers searched most often for on ApartmentGuide.com over the last six months include (in order):

1. Washer and Dryer In Unit
2. Pets (allowed)
3. Air Conditioning
4. Some Paid Utilities
5. Washer and Dryer Connections
6. Dishwasher
7. Balcony
8. Garage
9. Cable Ready
10. Furnished Available
11. Swimming Pool
12. Short Term Lease Available
13. Fitness Center
14. Gated Access
15. Oversized Closet

Good luck and good renting.

Price, Amenities, Property Condition, and Social Condition

Sunday, August 30th, 2009

The responsibility of renting a property is critical, but simply generating traffic and having a trained sales staff will not rent units.  We are operators in a commodity market.  By definition, this implies that as owners and managers we have to provide some basic underlying conditions to rent.

First on the list, as operators we gain nothing by trying to sharply under price the market and if we over price the market, we will not rent.  This is a delicate item because if we price too low we lose money and if we price too high we will not rent at all.  Further, this means we have to be competitive on concessions as well as basic price.  With all this in place, if as owners and operators, we can establish a position of greater value we will have a sustainable edge in the market.

Next, our property must be priced to compete with properties on amenities.  Visits and calls are generally determined by bedrooms, bathrooms, and amenities.  Pricing to fit against the competition in this area is critical.

A clean well maintained property is another basic point.  Property management processes and procedures that assure this are critical to renting units.  As always, customer service wins the day.

Finally, social condition will kill renting and can be a great rent enabler.  If resident prospects  see a clean area, late model vehicles, quiet and low key resident interactions, etc.  Residents and resident prospects need to feel safe in the neighborhood.  The probability begin increasing quickly that they will choose your community as their new home if safe, clean, and friendly conditions.

Blake Ratcliff – The apartment marketing guy

More info on Hispanic Marketing Focus

Monday, August 24th, 2009

We’ve hit many times the fact that Hispanics are the fastest growing resident demographic.  However, did you know that Hispanic Internet usage is growing 50% faster than the general market?  Do you have a strategy for this market area?

If not, keep in mind that most Hispanic searches are in English.  The fact is Hispanic marketing in fact any demographic marketing focus is a cultural item.  For example are you aware that a Hispanic household is 3.5X more likely to respond to a direct mail item than a non-Hispanic Household. This is particularly important when you understand that they only receive 10% of the mail other households receive.

About 55% of Hispanics respond well to ads in Spanish.  Also, Radio and television is generally the best mode of advertising based on selling results.

When you considers Hispanics are $860 billion dollar market segment, ignoring this segment is at your own risk.    This will be an even greater fact as the segment is  expected to grow to over $1 trillion by early in the coming decade.

Good sources for this post were:

MK Blog

The Latino Journal

Online Hispanic Trends

Online Rental Application vs. PDF – Revisited

Friday, August 21st, 2009

Submitting a rental application is a HUGE step for both the potential renter and property manager alike. Once the potential residents have submitted a rental application, they have made a conscious buying decision. It is a fact -phone leads, email leads, and walk-ins are great, but completed rental applications are golden.  It’s a wonder then, why so many multi-family properties still use only paper and PDF applications when it comes to leasing their apartments! In the age of technology, it has been proven time and time again that electronic submissions are faster, easier, and more organized than a long paper trail.

I’m sure you’re thinking, “I have a PDF application that potential renters can print, fill out, and bring back or fax it to me; what’s the difference?”

The difference is huge!

First, ask yourself, “How many of your PDF rental applications have you received from your website and internet ads in the last 12 months? 1, 2, 5?”

PDF applications don’t work because they are essentially the same as a paper application that is picked up at the office. In fact, in most cases it is the exact same paper application, just uploaded to the Internet to be printed. Applicants still have to fill it out and bring it to you or fax it. We’ve learned that the less running around people have to do, and the more convenient their application process is, the more likely they will be to rent with your property. Convenience is key!

We personally own ten multi-unit apartment properties in the Southeast. Our properties, receive an average of 2-5 new rental applications a week from their websites and internet ads! One of our properties had 29 sight-unseen leases last year!

Online Rental Application