Sunday, May 21, 2006

Builders and Blogs Update

I think you know that I am a believer in the power of blogs to enhance your marketing efforts.  See “Homebuilders and Blogs.”  Josh Shron the Internet Marketing Manager for K. Hovnanian in Northern New Jersey pointed out an innovative use of blogs to me.  He found a Pulte sales representative setting up blogs for individual buyers.  What a great idea!

Here are a couple of samples.

http://tiffanysnewhome.blogspot.com/

http://kenneysnewhome.blogspot.com/

No software, zero cost (except your time which will be surprisingly little), and its stinking easy to do.  You don’t have to be KHov or Pulte to do this.  Anyone with a digital camera and a little time can set it up.  In fact, this will likely work better for smaller builders and custom builders.  Not only will your customers like it, but it becomes an effective marketing tool.  Who will Tiffany and Kenny share this with?  How many friends, family, and others may look at these homes under construction?

What do you think?  Let me know, blair@realtyinfolinks.com.

Friday, May 19, 2006

Home Buyers Do Their Research on the Internet

The San Diego Business Journal reports on consumers using the web for their home search.

http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=302831

Here are a few key findings:

* Home buyers who used the Internet as a key part of the process grew from 56 percent in 2004 to 62 percent in 2005. * Internet home buyers devoted more time to research then move quickly, spending just two weeks looking for a home with an agent, and viewing only 6.2 homes. Traditional buyers spend 7 weeks viewing 14.5 homes.

* First-time and repeat buyers were somewhat alike in their use of the Internet to find an agent or a firm, or to learn about specific homes.

* First-time buyers were more likely to use the Internet to get information about home financing and to narrow their search for a given home, while repeat buyers were more likely to use the Internet to obtain specific information about neighborhoods where they were buying a home.

Monday, May 15, 2006

Inspiring Builder Ads / Logos / Brochures

Want some free inspiration for your next project or home builder design?  Why not start with the list of award winners from the National Association of Home Builders (NAHB) “The Nationals.” 

Here’s a few samples:

Best Logo Design ’06: http://www.thenationals.com/media/awards/2006/gold/cat09_treoGOLD.jpg

Best Color Ad - Single Project ’06: http://www.thenationals.com/media/awards/2006/gold/cat19_watersideGOLD.jpg

Best Brochure for a Masterplanned Community ’06: http://www.thenationals.com/media/awards/2006/gold/cat15_palisadesGOLD.jpg

And here are links to the Gold Winners, Regional Winners, Council, and Silver Winners for the past 3 years:

http://www.thenationals.com/winners/

Thursday, May 11, 2006

How About a Couple of Free Books from Seth Godin?

Those who know me, know I highly recommend several books by Seth Godin.  I consider them required reading for marketing folks today.  My favorites are Permission Marketing, Purple Cow, Unleashing the Idea Virus, and The Big Red Fez.  All are worth reading and learning from.  I will be adding a recommended reading list to this blog shortly.  In the meantime…

How would you like a free copy of 2 Seth Godin books?  In an effort to prove the concepts of Purple Cow, Seth is giving away “Unleashing the Idea Virus” and “99 Cows.”  99 Cows is not on my favorites list, but is useful if you are having trouble identifying Purple Cows.  Seth gives you 99+ examples to help get your juices flowing.  So, my gift to Seth is to help share his noteworthy work.  Hopefully, you will like the free stuff so much that you buy a couple dozen of his books in bulk: http://www.sethgodin.com/purple/

Here’s the free stuff (they are fairly large pdf files):

Unleashing the Idea Virus”  and “99 Cows

 

 

Tuesday, May 09, 2006

What Does it Take to Generate 1 Internet-Related Sale?

This is a question I am often asked.  If you are in Southern California or planning to attend the TechHome Builder Expo & Conference (TBX), you should plan on attending my session tomorrow at the show.  In the session I share what savvy homebuilders are doing to drive results.  Here are the details:

Turn Internet Browsers Into Buyers
Wednesday, May 10 / 3:45 - 5:15
Room 107

 Here’s the Big Picture

What does it take to drive one Internet-related sale?

Break it down using your own numbers for your own market.  Then work your opportunity areas:

1                      Internet-related sale

4                      Prospect appointments

8                      Dialogues with leads

50                    Leads from the Internet

200                  Website visitors clicking on your form

2,500               Website visitors

Once you are measuring these things, improving your results is straight-forward and a lot easier.  You will also find it easier to decide how much to spend on media that drives visitor traffic to your website.

Can’t make it to the show?  Email me and I will send you the presentation.  blair@realtyinfolinks.com

Monday, May 08, 2006

Video on the Web: Generating Results

Don't make the mistake of confusing streaming website video with television. The two are as different as, well, baseball and softball. On the surface things may look similar, but in reality they are very different games, played at different speeds on different fields using different tools. What separates streaming website video from television is who has the control of the content and how they use it.

Television is passive media giving the viewer the option of watching a program (we're not talking about TiVo or other disk recorders) and accepting the advertising that is interspersed throughout the program. As much as you may want to watch Desperate Housewives on Thursday night, unless you take extraordinary means, you're watching it on Sunday night with the rest of us. With television, once viewers decide that they'll watch a program on the night it's offered, they have no control over the advertising. The only real control a television viewer has is to change the channel (and miss Desperate Housewives) or get something from the fridge during a commercial. People watch television for entertainment purposes and accept the commercials as part of the bargain.

Don't Bring a Baseball to a Softball Game

Internet video is different. Internet video consumers get to choose their advertisers and that's the ultimate control. When an internet viewer goes to a automobile, pharmaceutical, or homebuilder website they're not going for the entertainment value of the streaming video. They're going to the website for information they plan to use to make a decision. The mistake that most companies make is that they don't acknowledge the different set of expectations and behaviors that internet viewers have that distinguish them from television watchers. Usually, the video they use on the website is just a smaller, grainer version of the same stuff they broadcast on television, or a moving version of their latest print ad. That's why it doesn't work. Too much camera motion may be entertaining on television, but it's distracting over the Web. Flashy graphics may enhance TV viewer excitement, but on the web the take up precious viewer time and often look pixilated and distracting. Web viewers who are looking at product based video don't want to be entertained as much as they expect to be informed, and if the video attempts to entertain them instead of inform them, a company actually runs the risk of alienating a potential customer. It's like bringing a baseball to a softball game. Sure, you can play, but it's not really baseball and it's not really softball and the game doesn't count in the official standings.

Who's Watching Streaming Video?

Video online is hot. Two, facts are supporting remarkable growth.

  1. 60% of internet users have broadband connections.
  2. Nearly 70% of online video viewers are upper to middle class.

Advertisers have responded to these numbers. They will spend $344 million in 2006 and are expected to spend nearly one billion dollars by 2010. The reason that they are spending so much money on the medium is because it works. Video viewers are responsive.

  • In the OPA study cited above, over 40% of internet video watchers surveyed clicked on an ad, visited a website or requested more information based on information in the video.
  • These "action numbers" can be increased by nearly 14% by adding interactive elements other than standard "play" and "pause" buttons to the video player.

Opportunity for Builders

If builders understand how to properly create video for the web, they are tapping into a huge growth opportunity. To do this they must follow some critical steps.

  1. Builders need to create video specifically optimized for the web. Complex graphics, fast moving camera work, and elaborate transitions may work great on television but don't on the web. Interviews or testimonials must be shot in "head and shoulders" framing to get a clear view of facial expressions. Unsteady artsy camera work is great for music videos and Law and Order on TV, but it doesn't translate well on the web.
  2. Builders need to create video information specifically optimized for the web viewer. Internet video watchers are going to give you just under 22 seconds to make your pitch. Make in impact in the first 20 seconds. Complex graphics, slowly developing plots, or surprise endings with incentives or discounts work great for television, but won't work with the internet. Focus on getting the viewer to initiate some type of contact. The video should quickly indicate what you'd like the viewer to do, contain the information and instructions on how to do it and quickly indicate the benefits of the action.
  3. The video player must facilitate the action you'd like the viewer to take. Include easy and quick contact points such as links to the community page, request information, and others that encourage contact between the viewer and the builder. Include contact form links to drive dialogue.
  4. Hit the right balance of quality and speed. Viewers on high speed internet connections expect high quality video and will look at more videos if the experience is good. In our own research, videos viewed per user improved by more than 29% following a change to higher quality defaults.

By Tom Bevins - GM Crozier & Henderson Multimedia Divsion 972-661-1975