Marketing Archives - The Negotiator The essential site for residential agents Fri, 19 Jan 2024 15:54:39 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.2 Converting leads into paying customers https://thenegotiator.co.uk/turning-water-into-wine/ https://thenegotiator.co.uk/turning-water-into-wine/#respond Wed, 20 Dec 2023 17:50:32 +0000 https://thenegotiator.co.uk/?p=151557 That's the key to success, says digital marketing expert Nelly Berova and here’s three ways that a prospect can become an instruction.

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image showing steps to lead conversion

When it comes to digital marketing, converting prospects into paying customers really is the golden ticket to success. You may achieve a lot through your marketing strategy – amazing social media shares, viral blog content, top rankings for your SEO – but unless these result in new properties for sale and rent on your books, they are really just ‘vanity metrics’.

It’s never a good idea to rush things with a client.”

Nelly Berova - Art Division

Nelly Berova, MD, Art Division

For many industries, conversion equals a sale, it’s that simple. But for real estate it can be more nuanced. Yes, ultimately conversion for your estate agency business means turning prospective vendors and landlords into instructions. However, there are steps along the way that are important too – getting your prospect to book a call back, arrange a valuation or join your mailing list could be considered conversions too. As we’ve said in many of our previous articles, it’s never a good idea to rush things with a client. Building up slowly generally produces a richer and more productive relationship. Based on our recent experience, there are three things you can do now to boost your conversions.

1 Improve your CTAs

The last vital step in getting customers to convert, your Calls To Action are probably the most crucial part of your messaging. Here’s how you can up the impact:

  • Size – if you’re using buttons, flashes or banners on your website for your CTAs, make them visible for anyone scanning the page, but not so big that they overwhelm the reader, making your site look cheap and spammy.
  • Frequency – think about more than one CTA per page to attract attention through repetition. Again, don’t over-egg it, but give people plenty of opportunities to interact. Include one CTA ‘above the fold’ or high up the page for people who won’t read the whole thing.
  • Colour – use this carefully. You want your CTA to stand out while blending with your brand. Make sure there is enough contrast for it to be readable.
  • Voice – be clear about what you want people to do. Use active sentences not vague or passive suggestions. Make it sound urgent and appealing but not desperate.
  • Be consistent – use the same messaging, images and colours across your platforms so the CTA is easily recognised, processed and understood by your audience.
  • Links – check your links are working, taking people straight to your CTA page. Be careful to make sure the page is quick to load. You can link to the page from places other than your CTA button too – images, headlines, your logo, for example.
  • Make it mobile friendly; with so much property interaction taking place on phones and tablets, having your CTA display property on all devices is a must. Check your website has the right plugins to do this.
2 Use technology to automate the process

To some extent, AI and other new tech has made it easier for agents to speed up the conversion funnel. By automating some of your functions you can respond to customer queries or book calls and appointments instantly, meaning people don’t need to wait for you to get back to them. Instant scheduling software for booking viewings and valuations is especially useful, meaning potential customers can move themselves down the sales funnel without having to pick up a phone.

3 Use YouTube remarketing

Remarketing is about getting your content in front of people who have previously shown some interest in your brand. While we all know about remarking via Google, YouTube is a great but often overlooked alternative.

YouTube is the world’s second biggest search engine and a platform loved by billions worldwide, but it also allows to you to remarket your business in your area, based on location and the type of content viewed. This means you can target your ads to your niche audience, whether second stepper sellers or portfolio landlords looking to expand.

There are many benefits to YouTube retargeting including good return on investment rates. However, the main thing to consider is that video’s star is still rising when it comes to digital marketing. Statistically, viewers spend more time on sites with video, meaning YouTube content consistently boosts engagement rates, and increases brand awareness. YouTube ads also give you more time and scope to get your message across.

Finally, always remember the last stage of the customer relationships journey. It’s not just about one time conversion but creating loyal customers, who will stay on your books or sell with you again, as well as enthusing about you via word of mouth. Post-conversion follow-up emails and incentives can all help with this.

Got a question? Visit www.artdivision.co.uk

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Tik Tok boom https://thenegotiator.co.uk/tik-tok-boom/ https://thenegotiator.co.uk/tik-tok-boom/#respond Thu, 07 Dec 2023 14:13:12 +0000 https://thenegotiator.co.uk/?p=151367 There’s been an explosion in the use of property marketing videos in listings, delivered via social media, says Richard Reed.

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Social media house tour image Social media house tour image Social media house tour image

A slick video whisks you on a glamorous tour of a sleek, ultra-modern, architect-designed home that looks straight out of Grand Designs. It dazzles the eye and flatters the ego. You want this – who wouldn’t? The asking price is way out of your reach, but you are inexorably drawn in.

What else does this agent have to sell – this time, within my budget? And if the agent’s videos are this good, I had better line them up to sell my home, too… Welcome to the world of social media videos, which are rapidly becoming the mainstay for canny estate agents looking to hook new buyers – and sellers. Short, professionally produced video clips of high-end properties on platforms like Instagram and TikTok catch the eye, and lure people in – and if you’re not using them, you probably should be.

Doing it in an authentic way and not trying to ‘sell’ people all the time is the way to go. Social media is quite hard to quantify – you won’t always know if it’s worth your time. Jack Holman, Co-founder, Agent Extra.

Jack Holman - Agent Extra - image“Video walkthroughs of new instructions are really catching on and the quality is really rising,” says Jack Holman, co-founder of digital marketing agency, Agent Extra. “If you can get lots of potential buyers and you are marketing properties at a slightly higher price range than what a first-time buyer might be interested in, then you are also likely to uncover vendor leads by doing that.”

Property ‘suited to video’

Pernilla Tweddle Property Stream imagePernilla Tweddle, Marketing Director of marketers Property Stream, agrees. “Property is a sector that goes very well with video content. Things like property tours, virtual tours are obviously great for use on social media, as opposed to just placing them on your property listing, on your website and on the main portals, which is where they would traditionally be used.

“There has been a huge increase in video usage across all channels. People like to see property, they like to view photos and even more so they like to see videos. That is hitting the buyers. What agents have to do is be a little bit clever with their video and property posts to hit the vendors.” TikTok has been one of the main drivers in the adoption of video content by agents, she says.

TikTok has very quickly evolved to become almost an all-age platform. It’s not just capturing the young audiences … it is quite quickly capturing audiences of all ages. Pernilla Tweddle, Property Stream.

“TikTok has very quickly evolved to become almost an all-age platform. It’s not just capturing the young audiences. No doubt it will be primarily young people but it is quite quickly capturing audiences of all ages. I’ve been quite surprised to see agents jumping on that, which is quite interesting. TikTok is the platform that has spurted that need for video. Because that’s become so popular, video is now being used across the main platforms.”

Nelly Berova Managing Director, Art Division imageNelly Berova, Managing Director of digital marketing agency Art Division, has seen a big rise in the number of people in their 30s and 40s using TikTok, which used to be seen as the home of Gen-Zers.

“On Facebook, to post something on your page and for it to be seen [organically] by lots of people is almost impossible, whereas on TikTok it is actually easier for your free content to become viral and to reach more people without you having to pay,” she explains. “This is why a lot of people have migrated to TikTok from Facebook, because they can find it easier to reach more people.”

If you don’t have a follow-up system driving people from Facebook to your website, it is like trying to fill a bucket with a hole – everything is going to escape the other end. Nelly Berova, Managing Director, Art Division.

Despite the rise in the age of TikTok users, it is still a sub-40 demographic, but Berova says you can’t expect to hit all age groups with just one marketing tool. “You are only ever going to reach a percentage of your prospects on any given channel,” she emphasises. “The main difference is that on TikTok you have to start producing video content, and that’s harder for a lot of agents because you have to put yourself in front of the camera, have something to say, and film it in an engaging way. This is why I am seeing the slightly bigger agents doing that, because they have the ability to buy the equipment or have a full-time, in-house marketing person that does those videos for them.

Facebook gets more leads than Instagram, but we still run ads on both because it’s very good brand awareness.

“That’s the biggest hurdle – anyone can benefit from having TikTok channel if they can invest the time and effort and money to create that kind of content.”

Social media content

Video content might be the most glamorous tool in an agent’s marketing armoury, but to get the best results, you need a fully-fledged social media campaign to cover every base. Jack Holman points out that some of the best content doesn’t cost a penny. “With the free stuff it’s about posting content which are gentle reminders about who you are and what you do to people who follow you,” he says. “If you’ve got 2,000 homeowners following your social media account and you post regular content which reminds you that you are an estate agent, you are a nice person and you’re trustworthy, hopefully when the time comes to choose an estate agent to come and do a valuation you are one of the people that pop into your head.

“Doing it in an authentic way and not trying to ‘sell’ people all the time is the way to go. Social media is quite hard to quantify – you won’t always know if it’s worth your time, you won’t know because a phone call came because someone followed you on social media. Some people don’t see the benefit of investing in it, but I invest time and resource on it for my own business.”

Social media house tour image

Free tools

Holman points out that one of the best free tools on the internet, while not strictly social media, is Google my Business, which is the organic listing that pops up when people search for something online. You, as the business owner, have to provide all the information and content. The key is getting into the top three that appear in the initial search box, before you click on the ‘More businesses’ button.

Take a tour around the properties that have been marketed and sold successfully.

“Being in that top three spot is key,” he stresses. “There are various different weightings Google puts on various things, but the biggest one is reviews. How long you’ve been in business is another; the other one is keeping your profile updated regularly. It’s a little bit like a social media profile.

“The other thing you can do on there which you can’t do on social media is you can see how many phone calls you’ve had, how many people have clicked on your link. You can see tangible results, whereas on social media you can’t.”

Tracking campaigns

Tracking the success of social media campaigns got much more difficult a couple of years ago, when Apple created a tracking opt-out option that has seen a huge take-up by users. “Facebook used to track stuff on income and job title; you could target particular roads in your area – you can’t do any of that any more,” says Holman. “You have to draw a big nine-mile wide circle in your area, you can’t go smaller than that and you can’t target people in the way you used to. Three years ago you could get sometimes over 100 leads in a month spending £5 a day; today it’s more like 15 or 20.”

Nelly Berova says that when planning a social media campaign, you first need to ask who you are trying to attract. “This is genuinely where most agents fail, because instead of asking ‘Who am I looking to attract to my business?’, they start with ‘What channel should I be using and what should I be posting?’, but you can’t answer that question unless you have answered the first one. If I am looking to attract people approaching retirement because they are looking to downsize, posting things on TikTok might not be as efficient or impactful as it might be on Facebook.

“Our starting point is always the ‘who’ – who are we looking to attract. What is it that matters to this person, where does it hurt the most? Is it a vendor? If a vendor, who is the vendor – is it a family selling because they want something bigger, landlords selling because they have had enough of the lettings market? Depending on the ‘who’ we dig further into their pain point and then we produce content that appeals to them.”

Making posts interesting

Pernilla Tweddle says it’s important to make social media posts interesting and engaging. “Take a tour around the properties that have been marketed and sold successfully,” she explains. “Create little reels or videos around how successfully they have sold. Maybe include things like text or audio; have some talk about how quickly something sold – sold in three weeks, had four buyers, sold at 97% if asking price – that kind of content is great to include. You are demonstrating success, just as with your ‘Sold in your street’ cards.”

However, she emphasises that your campaign should go much further than just advertising properties.

“You need to nurture potential vendors with relevant and engaging and personalised content that they are far more likely to engage with. They are in a position that they are going to sell, they are going to think about instructing an agent, they want to get to know that agent a little bit. More personalised content about your team, your office, videos interviewing customers – that is probably what they are going to find of more interest.

“It’s having a balanced content mix that is going to be the key to any social media marketing success. By ‘balanced’ I mean mixing up your properties with your sales messages, mixing it with local messages about things that are happing with you and the team and the local area, and also including things like property knowledge and data that you know as an estate agent. Being able to present yourself as the go-to agent, the voice of reason if you like, a thought leader in your market, is critical.”

Tweddle believes agents should not be shy about what is happening in the market, because ultimately that is what their customers are interested in. “Not spinning those stories, but posting a really decent realistic and honest piece around what’s happening in the market,” she says.

“The best way to do that is to get up-to-date market information from people like Dataloft which you can share on social media. You can also write blogs, which are a great way to get the message out and should be a key part of your content marketing strategy. Talk about what’s happening in the market, give the pros and cons, and ultimately your customers will value you for that.”

Paying for content

However, Nelly Berova stresses that ‘organic’ use of social media doesn’t work in isolation. “If you look at estate agents posting organically on those channels, they have very low levels of engagement, very few likes, very few comments, very few shares. It isn’t an industry that will get a lot of traction and go viral.

“Facebook doesn’t show organic content to more than five per cent of followers. So, if your page has 100 followers, only five will actually be shown your post. You need to have quite a lot of followers for your posts to be seen by a decent number to have any impact, so you have to put your hand in your pocket and pay for it – and that’s what Facebook wants you to do.”

Because Meta owns both Facebook and Instagram, advertising on both is as easy as clicking on a button – the two platforms are tightly integrated. “You don’t have to choose between the platforms,” explains Jack Holman. “When you are doing social media posts or running ads, the default is that they will run on Facebook and Instagram at the same time.

“What you find is – and you can see this from the stats – most leads come from Facebook and mobile. People use Instagram more for watching videos and looking at pictures, where Facebook is treated more like a website, and people are more inclined to submit leads and go on to do things like filling in online valuation forms than they are on Instagram.

“Facebook without question gets more leads than Instagram, but we still run ads on both because it’s very good brand awareness.”

Google Ads should not be overlooked in the marketing mix, he adds. “The behaviour of someone going to Google, thinking about something they want to choose, typing it in, going to the website, sending an enquiry – that series of actions leads to a much more motivated and receptive phone call with that person as opposed to getting instant online valuation leads and trying to call them up from a Facebook advert. “You can run ad-word campaigns on Google for £10 that will get you decent results.”

All of these campaign ideas will be pointless, however, if when someone lands on your website they don’t know where to go or what to do, as Nelly Berova explains.

“When you drive traffic to your website you need to maximise your conversions. Not everyone is ready to book a valuation – some might just want to have a chat, some might want to consume something.

“Social media is just the cherry on the cake. It’s not the core. If your website is rubbish, if it’s call to actions are rubbish, if you don’t have a follow-up system driving people from Facebook to your website, it is going to be like trying to fill a bucket with a hole – everything is going to escape the other end.”

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The value of brand https://thenegotiator.co.uk/the-value-of-brand/ https://thenegotiator.co.uk/the-value-of-brand/#respond Thu, 09 Nov 2023 15:17:53 +0000 https://thenegotiator.co.uk/?p=148200 Digital marketing expert, Nelly Berova, explains how to build a strong brand relationship with your local vendors and landlords

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Brand planning image

If you think branding strategies are all about global companies and big-name consumer goods, you need to think again. A strong brand relationship with your customers is just as essential to securing the long-term future of your local estate agency business.

Nelly Berova - Art Division

Nelly Berova

Brand relationships are more than the look and feel of your logo and design materials. Your brand goes to the heart of what makes you … you – and is the driver behind the customer loyalty and engagement that will define your success.

Your brand is what makes you… you – and is the driver behind customer loyalty and engagement.

Often hard to define, the strength of your brand includes a range of factors, but at the core is your reputation and how you are perceived. Essentially it is about your customers’ overall experience and how likely they are to stay loyal – in the case of landlords. And whether they’ll sell with you again and spread the word, when it comes to vendors.

According to the brand experts there are four key principles for boosting your brand relationships:

1 Awareness

As with many aspects of marketing, you need to start with awareness – so has anyone actually heard of you? Think about how visible your brand is to your target audience compared to the rest of the agents out there and use a simple audit to find out. Analysing organic searches for your name along with social media mentions, comments and content shares, will give you a good idea of your audience’s awareness level. Building awareness isn’t just about plastering your name everywhere, however. It’s about giving your company the brand personality that places it in potential customers’ memories.

2 Reputation

building It goes without saying that for any business a good reputation is crucial – and it’s not something you can create overnight. Lots of elements go into building reputation – your core values are important, but how you demonstrate them every day really counts. This means how well you communicate, how good your customer service is and, crucially for local agents, the community projects you choose to support.

3 Loyalty

Loyalty is a bit of a holy grail when it comes to success. In most sectors, if you can achieve brand loyalty, your customers are five times more likely to buy from you again. Apart from property developers and people who move a lot, this is harder to achieve in real estate but you can rely on loyal customers to spread the word about you. The trick to encouraging brand loyalty is to really interrogate customer behaviour, tracking and analysing the messages, content and methods that resonate and personalising your tactics accordingly.

4 Equity

Creating equity involves boosting your brand’s perceived value. Do this by really homing in on those niche audiences you want to attract to your business – maybe second stepper sellers or accidental landlords, for example. Once you’ve identified your audience, demonstrate how your brand assets align with them. Think about how you demonstrate your brand values in practice, through the personal stories you share, for example.

How to do it in a few simple steps
  1. Create a clear brand identity strategy that aligns to your business goals.
  2. Make sure your core brand assets – your logo, slogans, tag lines and other parts of your identity – reinforce your values. Spend time developing these as they are supremely important for communicating your brand.
  3. Prioritise stories – as we’ve said, narratives are an increasingly important way for organisations to communicate, whether customer testimonials, user generated content, profiles that humanise your staff or your company’s personal history. Use these to encourage emotional connections with your brand.
  4. Don’t forget your internal audiences – make sure employees understand your brand and are fully signed up. Create a clear internal branding guide to explain it.
  5. Make your brand central to the customer journey – how you take people from being unaware to advocates. Take the time to understand how your customers are interacting with your brand at every stage for deeper insight and to enrich your connections.
  6. Remember, the importance of personalisation. Put in the work to analyse your customers’ needs and preferences: how they like to be contacted, which messages and content interest them most; so you can personalise your interactions and make them count.
  7. Be responsive – analyse how well your brand strategy is working as you go, making adjustments where needed. This means tracking everything from customer feedback to web traffic and social engagement.
  8. Finally, it’s important to be consistent with your brand and don’t miss those finer details that do count. If you have a clear brand strategy from the outset and good branding guidelines, it is much easier to get this right.

Got a question?
Visit www.artdivision.co.uk

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Level up your listings https://thenegotiator.co.uk/level-up-your-listings/ https://thenegotiator.co.uk/level-up-your-listings/#respond Wed, 01 Nov 2023 12:52:47 +0000 https://thenegotiator.co.uk/?p=148019 When it comes to listings, Lisa Isaacs asks whether agents should become content creators to keep pace with home movers.

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Photography image

Be prepared to move outside of your comfort zone. I’m about to reveal why Rightmove’s days are numbered and why you’ll be signing up to TikTok before the year is out. Potentially.

Whether we choose to believe it or not, how people find brands (including property), consume messages, build trust and make purchases is heavily influenced by the internet – chiefly social media. It’s a generational shift and agents need to shift with it.

In researching this article, one thing was astoundingly clear. Agents need to be in tune with Millennials (that’s those born between 1981 and 1996, to save you Googling) and all the generations below. The oldest Millennial will be 42 this year – an age by which many have bought their first and even second home. Then there’s Gen Z, which encompasses people in their early 20s – those in rentals and saving for a deposit. These are your current and future clients, who can’t be ignored.

Being in tune means understanding where Millennials and Gen Z browse – specifically for properties. Those already feeling uncomfortable with the new demographic lexicon do need to stay in touch an.

New research by property communications agency Oracle, in partnership with YouGov, found just 28% of 18-24 year olds (Gen Z) cited property portals as the information source they most trusted when looking for a home to buy or rent. When it came to Millennials, the figure was an average of 44% – not even half.

Oracle said the statistics reflected a wider trend among Gen Z – a group of consumers who tended to ‘be wary of traditional advertising and product campaigns, instead preferring influencers, social proof and personal recommendations’. When the agency spoke to one 20-year old, she said social media and influencers are ‘more favourable’ than Zoopla, for example, and that she has learnt about shared ownership and Help to Buy from Instagram and TikTok.

Is time ticking for property portals?

Caroline Coskry CEO, The Oracle Group imageThe Oracle Group’s Caroline Coskry says its research indicates that disruption is on its way. “Websites, such as Rightmove and Zoopla, have been central to British house-hunting habits for around two decades now but that dominance could soon be disrupted. Gen Z places far less faith in portals than the generations that came before, opening the door for new forms of property marketing to win their trust.”

Gen Z places far less faith in portals than the generations that came before, opening the door for new forms of property marketing to win their trust. Caroline Coskry CEO, The Oracle Group.

So where does this research leave property listings? The portals won’t disappear overnight but there is the suggestion their power will ebb as the years pass and Gen Alpha (those aged from 0 to 9 years) mature and become movers. It’s a notion that was discussed on a recent ‘Pass The Syrup’ property podcast. One guest christened social media as the modern-day branch window, where the online content attracted passive movers in the same way as a printed listing would stop a pedestrian in their tracks.

Taking the tour

Andrew Nicholls EyeSpy360 imageSomeone who is already dialled into the habits of younger generations is Andrew Nicholls at EyeSpy360 – a creator of virtual tours, 3D models, floorplans and teaser videos that are advertised as perfect for Facebook, Instagram and YouTube. “We know that more than 80% of Millennials would like to view virtual tours and digital floor plans when shopping for a home,” says Andrew.

80% of Millennials would like to view virtual tours and digital floor plans. In fact, 54% of these buyers will not even look at a property unless it offers virtual images. Andrew Nicholls, EyeSpy360.

“We know that listings with a virtual tour get 87% more views than those without one, and that customers in the 18 to 34 year-old age group are 130% more likely to book a viewing based on a virtual tour. In fact, 54% of these buyers will not even look at a property unless it offers virtual images.”

Despite this knowledge, Andrew highlights how the UK has fallen behind when it comes to listing assets, finding only 5% of UK agents consistently offer virtual tours. That figure, however, can be an advantage, with home movers prioritising listings with a virtual tour over others.

Screen time is up

EyeSpy360 imageVideo is another asset that agents should be embracing when it comes to listings, as the return on investment when filming is generally excellent. As well as being able to extrapolate high quality stills from footage – ideal for those who produce printed brochures and also perfect for portal listings – video is the content both social media and Google loves. Simply uploading a video to Instagram, Facebook or TikTok and pasting the wording used on Rightmove won’t cut it, however.

There are trailblazers who agents should look to for the right way to use videos in listings, especially in the Build to Rent sector. Here agents have flipped from traditional marketing to content creation. Head to Moda Living’s Instagram feed and choose the reels tab for enlightenment (@livethemodalife). Its breezy property tours are set to trending music, feature captions in that oh-so-familiar Instagram font and have snappy, hashtag-laden listing copy, such as ‘we’re just gonna leave this one here.’

Video is currently a major trend that increases visibility and engagement over both still images and the written word. Peter Burnham Managing Director, Nichecom.

Video tours on social media imageJust as important is the Instagram account structure: brand description, linktree and the tagging of tenants: aspirational yet relatable and full social proof. It’s the cutting-edge reincarnation of a printed property listing. Yes, this style may feel very uncomfortable to the traditional agent – but a video of a one-bedroom flat near Leeds coach station has thousands of views.

Peter Burnham Managing Director, Nichecom imageWhen asked what combination of assets an agent should use when preparing listings for social media, Peter Burnham at Nichecom says it can be hard to know what might get engagement and results during any given week. “It can be difficult to pin down a set formula as each social media platform has a unique algorithm that rewards the right combination of digital media assets. These algorithms are constantly evolving but video is currently a major trend that increases visibility and engagement over both still images and the written word,” says Peter.

Not just aimlessly scrolling

It’s important to stress that many agents are starting to realise the synergy between video-based listings and social media consumption. “Agents are requesting shorter, more creative video bites in portrait format over landscape,” adds Peter (portrait videos are what Instagram and TikTok prefer but agents will need to pay attention to platform-specific aspect ratios).

“With home movers getting younger and often listening to content with sound off, headers, labels and text overlays are becoming essential for conveying vital information. A brief agent intro and outro is a popular formula, especially now there is less demand for lengthy walkthroughs with detailed explanation of each room.”

Tom Durrant Director, DCTR imageNot convinced when it comes to creating a TikTok property listing? Tom Durrant at DCTR draws attention to the platform’s location and behaviour targeted adverts. This function allows agents to hone in on users in desired postcodes or perhaps those who have already watched property videos. A combination of an engaging video and pin-point geographical targeting is definitely something to explore, especially given Oracle’s findings.

The right orientation and ratio for each social media platform is now paramount, and we’re leaning towards short lifestyle clips – they type that stop people scrolling on past. Tom Durrant Director, DCTR.

DCTR HDR photography image

DCTR’s use of HDR produces one balanced photo from multiple bracketed shots.

 

DCTR HDR photography image DCTR HDR photography image DCTR HDR photography image

Set the wheels in motion

There is a happy medium for agents who want animated listings in order to enter into the TikTok and Instagram fray but don’t have the time, money or nature of stock to capture an entire property in its full blown technicolour glory. As Peter alludes to, bite-sized clips, animated elements and even still images stitched together with music and captions all qualify as a video.

High Dynamic Range photography relates to image bracketing – when multiple photos of one room or scene are taken at different exposures, allowing views out of a window to be visible.

“We’re seeing a new focus on snappier, shorter animations, especially for the new homes sector,” comments Tom. “The right orientation and ratio for each social media platform is now paramount, and we’re leaning towards short lifestyle clips – they type that stop people scrolling on past.” DCTR is commonly asked to animate CGIs to promote new developments and can also produce films that splice interviews, local area footage and still images together, and create CG animations that blend a virtual world with the real one.

Virtual reality versus virtual insanity

And there we have. A mention of virtual reality (VR) and it would be remiss to leave out this and AI (Artificial Intelligence) when discussing listing. Did you know there’s AI interior tuning that adjusts how a room looks in the same way face tuning modifies noses and jawlines?

The digital manipulation of listing assets isn’t a new issue in property and as a result, misleading images, video clips and floorplans constitute a breach of Consumer Protection from Unfair Trading Regulations 2008.

Ryan Al-Sharieh VP Product, Giraff360 imageRyan Al-Sharieh at Giraffe360 says agents tempted to take advantage of more sophisticated image editing and even AI-powered deep fakes should be wary. “Property listings are already synonymous with being misleading, such as the inclusion of fish-eye photographs. If deep fakes do hit the agency sector, they will just be an evolution of what we’ve all seen before.”

Property listings are already synonymous with being misleading. Agents who establish truth and trust early in the listing will be the ones who succeed. Ryan Al-Sharieh VP Product, Giraff360.

A click away from misrepresentation

Steven Flatman PlanUp image“AI is a tricky one,” says PlanUp’s Steven Flatman. “The new Photoshop (Beta,) with its AI-powered generated fills, allows anyone to replace the sky behind a property, for example, but you have to be careful. It can also remove or alter elements that could lead to a property being visually misrepresented, such as deleting a tree or electricity pylon.”

The floorplan is still king. This gives home movers the best gauge of how big a property is and what the layout is in its truest form. Steven Flatman, PlanUp.

PlanUp’s floorplans image

PlanUp’s floorplans give an instant impression of a property’s interior.

 

Mitch Handley Inventory Hive imageIt’s a fear shared by Mitch Handley at Inventory Hive. “There’s still a long way to go in terms of AI and property listings – everyone involved has to be aware of representation. Videos can be too polished, too edited and too tweaked,” says Mitch. “It’s the whole ‘Insta versus reality’ situation. In contrast, using virtual tours across social media helps grab attention and give a true representation of a property.”

There’s still a long way to go in terms of AI and property listings – everyone has to be aware of representation. Videos can be too polished and too tweaked. Mitch Handley, Inventory Hive.

Ryan says that as with celebrities who peddle fake levels of beauty and thinness, home movers will eventually see a property in person and the myth that is a manipulated image will be shattered. “Agents who establish truth and trust early in the listing will be the ones who succeed, especially in a more challenging market.”

The AI attributes we should welcome

That’s not to say AI doesn’t have its place in property. Giraffe360 prefers to fine tune its AI models to increase the speed of content production, with the aim of getting virtual tours and videos back to its clients even faster.

At DCTR a new launch will see HDR photo enhancing included in every image edit as standard, at no extra cost to agents. HDR – High Dynamic Range photography – digitally enhances a photograph using AI algorithms. Its property application relates to image bracketing – when multiple photos of one room or scene are taken at different exposures. Without bracketing, windows can appear white and blown out but with a simple DSLR camera setting, a set of photos is taken. When these are uploaded to DCTR, the team will use HDR to produce a balanced image where views out of a window are visible.

Floor fillers

Are we saying the most traditional of listing assets are dead in the water? Definitely not. “The floorplan is still king,” says Steven. He says they are a gateway to clicking on the other assets featured in a listing. “You can’t beat looking at a floorplan. This gives home movers the best gauge of how big a property is and what the layout is in its truest form.”

Steve describes an asset hierarchy when it comes to property listings – photographs, floorplan and then a video or a virtual tour. “On a search results page, good photos help people narrow down what properties they will click through to, then browsers will study the floorplan. If people don’t like what they see on a floorplan, they won’t click on a virtual tour or watch a video.”

Even with AI snapping at its heels, PlanUp is close to launching its biggest update in 10 years, with an Android compatible version of its software, a floorplan vault that will include 1,000s of agent-accessible plans and an improved synergy with domestic energy assessors.

The not-so secret code

QR codes had a false start in property., but the pandemic changed all that. Mitch says QR codes now provide an important bridge between printed and digital property listings.

“QR codes are now essential, especially if agents want to promote virtual tours in their print marketing, comments Mitch. “When an agent uses Inventory Hive to create a virtual tour, the publish button now creates a QR code as well as a url link”.

“Agents have to think about return on investment when commissioning a virtual tour. A QR code that leads to a digital asset can be included on a printed brochure, leaflet or letter as a way of maximising the audience and getting someone’s attention. By using this method, agents could reach home movers who maybe aren’t in the Millennial or Gen Z category but are familiar with QR codes thanks to the Covid crisis.”

The language of listings is changing. Photographs, videos, virtual tours and floorplans. It’s not so much what you have but where you publish it that will shape the listings of the future. The question is, are agents up for the content challenge?

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Making the right call https://thenegotiator.co.uk/making-the-right-call/ https://thenegotiator.co.uk/making-the-right-call/#respond Mon, 16 Oct 2023 11:09:03 +0000 https://thenegotiator.co.uk/?p=147446 The phone call is still king in property, so it’s wise to invest in quality telephony services, s ays Lisa Isaacs.

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Telephony image

Do you remember the days when a telephonist was an essential part of your team? This full-time employee manned the phone, filtered callers before they were transferred to various departments and took messages when employees were out at lunch (do you remember lunch breaks?).

Now people can circumnavigate the landline by emailing, texting or instant messaging but before you think I’m calling the death of the phone call, I’m not. I conducted a quick straw poll to establish when someone might pick up the ‘phone and the answers included ‘for something really important’, ‘when I want to speak to a human’ and ‘when I don’t want anything misinterpreted’.

Moving home is loaded with the above intentions and quite frequently, time is of the essence. Emails, instant messages and even enquiries sent via portals have a huge weakness. Although they are sent immediately, there’s no guarantee when they’ll be read. They may sit in an inbox until the end of the working day – even the end of the working week.

All agents using our answering service have a decent flow of calls… and require careful handling, especially as we find high-end property buyers only do business on the phone. Peter Radcliffe, Founder, Office Front.

Peter Radcliffe Founder, Office FrontSpeaking on the telephone, however, gives someone certainty that their decisions, requests or feelings have been processed in the moment. Peter Radcliffe, the founder of Office Front, says the ‘phone –and the person answering it – are a major part of the home moving process, even if the enquiry started online.

Calls carry a premium

“All agents using our answering service have a decent flow of calls from prospective and current clients,” comments Peter. “The calls tend to be ‘high value’ – people making offers, booking valuations and instructing agents – and require careful handling, especially as we find high end property buyers only do business on the phone.” Peter also adds that calling is still the preferred way of agents contacting other agents, which is vital when it comes to sales progression.

Like many of the call answering services now available, Office Front allocates a team of receptionists to an agent, ensuring the ‘phone is always answered. As well as notifying the agent that they have taken a message, by either SMS, email or a call to the agent, Office Front can ‘patch’ a call. This means the receptionist will take details of who’s on the line, put the caller on hold and give the agent the choice of whether to accept the call or not. It’s the closest match to employing an in-house receptionist, at a reduced cost, and patching acts as a great filter when it comes to prioritising time.

Hanging on the telephone?

We’ve established that telephone calls still convey the most important news, so are agents prepared for the shrill rings? While analysis from Arlington Data showed 17.5% of calls within the property industry go unanswered, an independent OnePoll survey commissioned by AnswerConnect revealed a more worrying trend in lettings.

Of those questioned, 84% of renters preferred speaking to a real person, not an automated ‘bot, and 94% cited the ‘phone as the most popular means of getting in contact with agents. Despite this, 31% of tenants who tried to contact their letting agent with an out-of-hours emergency didn’t receive an immediate response.

Angela Fee Head of Marketing, AnswerConnect imageAnswerConnect’s Angela Fee says that in an era of instant gratification, clients can interpret unanswered calls or having to leave a voicemail as a lack of attentiveness and commitment. “Not answering a call impacts a client’s perception of an agency’s reliability and responsiveness.”

Intelligent call routing allows our handlers to transfer calls directly to specific people based on caller intent, ensuring any queries are handled efficiently and minimising wait time. Angela Fee, Head of Marketing, AnswerConnect.

“In reality, however, property professionals answer as many calls as they can,” she says, “but between hosting viewings, listing properties and dealing with tenant enquiries, there’s rarely enough time to answer every call. That’s not to say property professionals avoid calls. Our research shows the average estate agent spends three hours on the ‘phone every day.”

Taking telephony to the next level

Thankfully, the crossover between outsourced telephony and technology offers a highly sophisticated experience that a caller would find difficult to distinguish from an agent-employed receptionist.

Video chats blend features from traditional phone calls – like instant availability and call transferring – with screen sharing.

Frustrations born out of not speaking to the right person the first time can be mitigated by using today’s telephony services. “AnswerConnect’s intelligent call routing allows our call handlers to transfer calls directly to specific people based on caller intent, ensuring any queries are handled efficiently and minimising wait times,” comments Angela.

Agents can also take advantage of AnswerConnect’s software integrations, which allows their telephonists to book appointments directly on behalf of callers – made possible thanks to scheduling tools that sync with agents’ diaries.

Turning mobiles into landlines

James Routledge Sales Director, Global 4 imageJames Routledge at Global 4 Communications says his job is to empower agents to be able to support home movers from anywhere, not just from the office, using tech as the facilitator. “With the inevitable arrival of internet telephony as a nationwide standard in the near future, agents can take advantage of the additional features it offers,” says James. “This includes the capability to consume telephony service across a multitude of interfaces, encompassing mobile and desktop applications.”

Our user-friendly on-hold feature plays a pre-recorded message to the caller, detailing other services the agent offers, such as conveyancing or finance partnerships. James Routledge, Sales Director, Global 4.

Technology of this nature is invaluable when the office is light on staff, whether that’s due to workload, resources or annual leave. For example, Global 4’s feature-rich smartphone app routes an agent’s landline extension to their personal mobile. It also allows them to make outbound calls from their device, displaying the agent’s business phone number on the receiver’s screen, and not their personal one.

James also highlights that telephony features can assist in customer satisfaction and cross-selling. “We understand that market conditions are challenging and it’s critical that clients are fully aware of all the services an agent offers – this helps them maximise additional revenue per transaction.”

“Our user-friendly on-hold feature plays a pre-recorded message to the caller, detailing other services the agent offers, such as conveyancing or finance partnerships,” James adds that ‘press 1 for sales, 2 for lettings’ greetings menus can also be used to funnel calls to the right department, rather than the caller being passed from person-to-person.

While the nirvana may be answering every call that’s made to an agent, how the call is answered is also part of achieving stand-out customer service. James adds that many of Global 4’s clients use its call recording facility to assess staff performance. “Our agency customers can filter telephone calls based upon a host of parameters, including date, time, caller telephone number and specific agent. From there, agents can listen back to and export calls to aid in their evaluation process, which helps agents improve the client experience.

Outbound calls covered

So far the focus has been on agents and their availability to take a call but the telephone has proactive uses as well as reactive. Moneypenny has carved a successful name for itself as a call answering service but, excuse the pun, it has dialled up its services to include outbound telephone marketing.

Sharon Boyle Head of Property, Moneypenny imageSharon Boyle is head of the property sector at Moneypenny, which works with more than 2,500 estate agents, commercial agents, housebuilders and housing associations across the UK. She feels outbound calling is a crucial part of agency life, whether that’s prospecting for new instructions, following up valuation requests, checking that databases are up to date or simply keeping in touch with historic home movers.

We can work with prequalifying questions, such as whether the buyer has a property to sell, if they’re a cash purchaser and whether mortgage advice is required. Sharon Boyle, Head of Property, Moneypenny .

“We launched our outbound service in partnership with Area because agents were telling us how time poor they are. More than ever, agents need to have the flexibility to outsource tasks so that opportunities don’t fall between the cracks.”

Leads on speed dial

Sharon says that when leads management is done badly, it can result in a leaky sales funnel as well as irritation from people who feel they’ve been waiting too long for a call back or follow-up. “By outsourcing this function, Moneypenny can call prospective buyers and sellers on behalf of agents while their interest is high, maximising an agent’s proactive sales efforts.”

The Moneypenny outbound call team can identify the most valuable opportunities and escalate them accordingly, as well as converting cold leads into prospects and even keeping in touch with past clients by ‘phone. The latter nurtures long-term leads and ensures the agent is at the forefront of movers’ minds when they re-enter the buying and selling cycle.

“Our outbound call services are seamless,” adds Sharon, as when one of our team calls, the agent’s branch telephone number is displayed. “We’re ready to be fully briefed by the agent and can work with pre-qualifying questions, such as whether the buyer has a property to sell, if they’re a cash purchaser and whether mortgage advice is required.”

The call about the call

Ahh the phrase ‘never miss a lead’ is a classic but agents do. So, Callwell has developed a service to ensure agents are alerted with a ‘phone call every time an enquiry is submitted via a portal or the agent’s own website.

Lesley Weatherhead Sales Director imageThe service is in response to dire figures surrounding response rates. “In a pre-pandemic mystery shop among agents, responses to enquiries was as low as 33%,” says Callwell’s Lesley Weatherhead. “Additionally, if you have ever mystery shopped branches or taken part in some of the leading industry events, you will know missed opportunities is an ongoing problem.”

Once the agent answers the phone, we play a message saying the name of the applicant, where the lead is from and what type of lead it is. Lesley Weatherhead, Sales Director, Callwell.

Lesley says leads are missed for a variety of reasons – staff shortages, inefficiency within systems, poorly managed leads coming from multiple sources and even apathy towards new business – but in today’s market, any glimmer of an instruction needs exploiting.

The phone is at the heart of Callwell’s lead management service. It collects leads from the portals and an agent’s own website, and automatically calls the agent within 45 seconds of the enquiry being made.

“Once the agent answers the phone, we play a message saying the name of the applicant, where the lead is from and what type of lead it is. The agent is then asked to press 1 to connect with the applicant. This gives you time to look at the Callwell inbox to see the most recent lead and read any additional information,” says Lesley. “The system is very flexible and you can specify whether the call goes through to an agent’s landline or mobile.”

Red alert at the right time

Lesley adds that the speed at which an agent can call a lead has clear advantages: “Evidence shows that when an agent presses 1 to be connected to the applicant/vendor, there is an 80% certainty of the applicant answering. With valuation leads, 70% of calls finish with an appointment being booked.”

“Timing is everything and if you’re in a city centre location, larger agents will ensure their speed of response is 10 minutes or less. If you’re not responding that quickly, you could be missing out on business.” Agents can also see which member of staff has claimed the enquiry, what action was taken, whether the call was successfully connected and also view a call history log.

THE HYBRID IS HERE

Video chat image

Video chat is the hybrid communication tool that fits in the gap between phone calls and face-to-face meetings. While video chat has been embraced socially, thanks to FaceTime and WhatsApp, its role in business – specifically property – has been less clear.

That’s up until Crave developed an easy way for clients to start an instant video chat with agents. A live chat button or QR code can be added to email signatures, property listings, web pages and even a sign board. When a client clicks/scans this, it starts an almost immediate video chat with the designated agent – no app or extra software required.

Gareth Hughes Founder-CEO, Crave image“From experience so far, agents have conducted video chats at the initial interaction stage, when vendors are instructing an agent and when someone’s enquiring about an available property,” says Crave’s Gareth Hughes.

“Video chats blend features from traditional phone calls – like instant availability and call transferring – with screen sharing (allowing the agent to show the caller other details while connected) or flipping the camera for a walk around (ideal if the agent is at a property). Of course, unlike with phone calls, you’re able to actually see faces, which we know cements trust and develops relationships. Personally, I think the quicker you can build a personal connection, the less likely a vendor is to use the competition.”

Video chat - Crave - image

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Don’t just email it – enail it! https://thenegotiator.co.uk/dont-just-email-it-enail-it/ https://thenegotiator.co.uk/dont-just-email-it-enail-it/#respond Thu, 12 Oct 2023 10:34:56 +0000 https://thenegotiator.co.uk/?p=147440 Digital marketing expert, Nelly Berova has five email nurture campaigns for agents – that really work.

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Digital marketing success image

We’ve talked a lot about how agents should never underestimate the power of the email newsletter in turning the mildly interested into signed-up vendors or landlords – and nurture campaigns are a big part of that.

We plan these campaigns for a minimum of two years ahead.

Nelly Berova - Art Division

Nelly Berova

Nurture campaigns are highly-targeted email campaigns that turn cold leads into a seller or landlord enquiry, or even an instruction. They do this by, well, nurturing that lead – in the same way you would a tender young plant. In other words, by putting in the time to understand the needs and problems of the prospect and responding to these with information that is supremely useful, enabling them to take that vital step of submitting an contact form or even giving you their business.

From our experience of helping agents plan and deliver their email marketing strategies, we have identified five types of nurture campaign that really work:

1 The instant valuation nurture

This type of campaign capitalises on the instant valuation tool that we’d recommend all agents integrate into their website. Every homeowner is interested in their property’s rising value. Make it easy for them to get an idea of their home’s current worth and you have an easy route to a contact list of cold prospects.

While many of these people are just being curious, among them will be a significant number who are looking to move now or in the near future. Once you know who they are, you can create a campaign to keep in touch with them over a long period – until they make the decision to sell.

When we build these campaigns, we plan for a minimum of two years ahead. We automate them, scheduling in a sequence of high value nurturing emails that mean you are front of mind as soon as the prospect is ready to list their home.

2 The landlord nurture

The thing with landlords is that they only change letting agents at particular points in their business journey. A landlord nurture campaign works because it allows to you build a long-term relationship with your prospects. By keeping in regular contact and supplying them with vital industry content – great blogs, relevant market trend reports, Q&As on changes in legislation, for example – you become their key source of up-to-date information. When they come to move agents, which most will, as they change tenants or at some other point in the future, they will consider you, having valued the contact over time.

3 The vendor nurture

This type of email nurture campaign is like the landlord nurture – but for sellers. To build your vendor list, offer a great lead magnet. This is a valuable piece of free content that you give in return for email sign up. It could be a white paper on the current housing market after its many fluctuations, a webinar on selling an inherited property or even a pdf getting-ready-to-sell checklist. As with the landlord nurture, follow it up with a long-term relationship-building campaign offering consistently high-quality content.

4 The buyer who has a property to sell nurture

When a buyer registers to view a home for sale via your website or the portals, take the opportunity to ask if they have a property to sell. If the answer is a yes, add them to this nurture campaign, which progresses towards a valuation request. This type of campaign is different because these sellers are a hotter prospect than those who might be thinking of a move in future. For this reason, it is usually a shorter campaign. And while educational and informative, the content will have more of a sales tone, as your aim is securing that valuation.

5 The bait nurture

Similar to the vendor nurture, these short campaigns target a prospect who downloads a valuable item in exchange for their email address. For example, say you have a report or podcast on ‘how to sell your house fast’. Nurture your interested prospects with follow-up emails over a one to four-week period, expanding on the same topic further, one email at a time. Even if they don’t take the bait by submitting an enquiry form during the campaign, they still have some interest in selling, so add them to your vendor nurture sequence.

The key things to remember are that these five types of nurture campaign only work if you are consistent in maintaining the relationship over time and really channel your content to the precise needs of your leads. If you don’t have the skills or time in house to go the distance with these campaigns, this is definitely one to outsource to professionals.

Got a question?
Visit www.artdivision.co.uk

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Traditional marketing with a digital edge https://thenegotiator.co.uk/a-passion-for-print/ https://thenegotiator.co.uk/a-passion-for-print/#respond Tue, 10 Oct 2023 07:35:12 +0000 https://thenegotiator.co.uk/?p=147416 In a digital age, many people assume print is heading the way of the dodo – but nothing could be further from the truth, as Richard Reed discovers.

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So, the future of estate agency is digital? If you believe that, you could be riding for a fall. Not only are vendors weary of wading through overflowing email in-boxes, but a revolutionary new trick has given print a new lease of life when it comes to reaching potential clients.

In fact, the ‘quick response’ or QR code isn’t really new at all, having been invented in the 1990s to keep track of components as they moved through the Denso electronics factory in Japan. But its new application as a digital gateway for print has created a powerful new tool that brings together the best of both worlds: the permanence of print and the immediacy of digital.

Link to Shopfitting featureKremer Signs has just launched a QR code initiative with OnTheMarket, and the take-up has been dramatic, according to sales and marketing manager Tom Cummuskey.

Since the pandemic people are more accustomed to QR codes and how to engage with them, more so than when we initially launched the idea a few years ago. Tom Cummuskey, Sales Manager, Kremer Signs.

He explains that the For Sale board will go up as normal, but a small ‘post-tag’ – a smaller board – featuring a QR code will be attached under the main board. That code can be scanned by anybody walking past in the street and it will take them straight through to that property’s details with OnTheMarket. The agent will receive notification that the board has been scanned, giving them live analytics on the attention the property is getting.

Link to website

Kremer’s QR tags connect with OnTheMarket

If the person fills out the contact form for more information they will be sent the lead straight away. If they call the agent after scanning the code on their phone, the system records how many calls have been made this way. Under the OnTheMarket (OTM) deal, the QR codes link through to the OTM website, rather than the agent’s, but OTM pays for the service and it doesn’t cost the agent anything above what they are already paying.

Kremer also has its own smartboards which are available to all agents and which will go straight through to the agent’s own website.

Kremner Signs QR code image

Kremer Signs is a pioneer of the QR code

QR codes have been tried on signboards before, but never really took off. Now all that has changed. “Since the pandemic people are more accustomed to QR codes and how to engage with them – more so than when we initially launched the idea a few years ago,” explains Cummuskey. “Then you had to have an app on your phone to be able to scan them whereas now you just use the camera – the tech is there for it to work automatically, and people are engaging with them. The results we have seen have been really, really good.”

The QR codes are dynamic, which means that once a property is sold and the board is retrieved by the board man, you can log on to the platform and reassign that QR code to another property’s URL. “It’s very cost-effective,” says Cummuskey. “We’re always looking at ways we can integrate the proptech world with traditional marketing so they can work in unison.”

Active marketing tool

Ben Brookes MD, Agency Express imageBen Brookes, Managing Director of Agency Express, agrees wholeheartedly, and says QR codes are “the change you need to be involved in right now”. He adds: “AgencyQR harnesses the power of QR codes to turn the passive For Sale board we have erected into an active marketing tool.

AgencyQR harnesses the power of QR codes to turn the passive For Sale board we have erected into an active marketing tool. All scans can be tracked on Signmaster3. Ben Brooke,s MD, Agency Express.

“The ordering process is simple – the instructing agent selects the use of an AgencyQR panel by entering the URL of the respective property details when instructing for the board to be erected in our board management system, Signmaster3. The URL they have chosen can be directed to their own website, a property portal or a virtual tour.

“Once the panel has been installed underneath the For Sale board, the code is scanned by the franchisee for the first time, which immediately live-links the AgencyQR panel back to the property URL supplied. The AgencyQR panel is now live and ready to actively direct potential purchasers to the agency customer. All scans can be tracked on Signmaster3.”

Brookes says that since its launch in April, Agency Express has erected more than 3,000 QR panels, generating more than 20,000 unique scans. The highest number of scans on a single property was 470 on a beautiful house in Cambridge. “If you aren’t using QR quite simply you are not harnessing the full potential of your boards,” he emphasises.

Agency Express digital technology on sign board image

Agency Express – adding digital technology to good old sign boards

Messaging is key

QR codes have also now started to appear on flyers because they enable agents to keep track of their marketing budget. Phil Hawkins, studio team leader at specialist property printer Ravensworth, says they were first trialled a few years ago, dropped off, but are now coming back with a vengeance.

“Even top-end London clients are coming to us saying, ‘We would like to do direct mail with you or a door drop, we would like a QR code on there that takes them to our valuation page’ – their marketing teams can track that. We are finding huge success with flyers at the moment because they can be tracked.”

He adds: “We’ve been running our really popular door-drop service and even our direct mail service, where agents can target specific postcode areas, which is huge for them. They can target homes in a certain price bracket or a certain council tax brand, which is absolutely fantastic for them.

“It’s quite an emotional thing to get something through the door – there’s a statistic that the average door-drop leaflet stays in the home for about 5.7 days, which is huge compared with email – people get bombarded with so many emails.”

However, he is at pains to point out that “messaging is key”. “Messaging and a call to action are definitely the two most important aspects of any type of marketing at the moment, because the market is so flooded at the minute – with stock not moving as quickly as it was 12 months ago,” he explains.

“I was speaking to a couple of well-known national agents in London and they were saying exactly the same thing. They have sent so many flyers and emails throughout the years with the same hook – ‘We are a fantastic agent in your area, we can sell you property for 1%’ or whatever it may be, and it’s been regurgitated for years and years. They realise they need to change to get that vendor through the door.Ravensworth QR code tracked leaflet image

Ravensworth specialises in QR code tracked leaflets

Postcode-specific data

Phil Hawkins Team Leader, Ravensworth imageRavensworth now partners with Dataloft Inform to provide postcode-specific data on key facts such as house price changes and the number of recent sales to keep flyers relevant. “The data they [Dataloft] can dig down to is absolutely fantastic,” adds Phil Hawkins. “We’ve got their data in one of our online web-to-print systems, where agents can log on, figure out what, say, the figure is for sales in that particular area and generate a flyer from that.

Even top-end London clients are coming to us saying, ‘We would like to do direct mail with you or a door drop, we would like a QR code on there. Phil Hawkins Team Leader, Ravensworth.

Ravensworth print image

Ravensworth – a specialist printer to the property industry

“People are getting so many emails, day in, day out, they’re coming back down the print route. Our prices are not expensive, by any means, so they are finding it cost-effective for them – they still have something going out that is tangible and it is taking them back to a digital platform via the QR code.

“We’re having customers coming back who haven’t been in touch for three or four years, saying, ‘We’ve tried some digital stuff, we want to come back…’ In some cases they want a complete rebrand of the agency. But a lot of the time, it’s, ‘We’ve tried this, now we want to go back down the print route’.”

The key to marketing is the drip-drip strategy. You repeat to the same audience regularly, amending your message each time. It’s the reverse of the one-hit wonder approach. Andrew Robinson, Mr Flyer.

Over at Mr Flyer, head of sales and marketing Andrew Robinson pulls no punches on the importance of messaging. “If your flyer is saying ‘We want to sell your house’, don’t expect a response – that’s a ‘So what?’ statement that no one cares about; it doesn’t add any value and it doesn’t inspire,” he says.

Mr Flyer team image

‘Don’t talk about yourself’

“Don’t talk about yourself – ‘We’re the number one agent, according to Rightmove’ or ‘We’ve had a really great quarter’. You want to send out something that adds value and shows you care about them; it’s not about you, but what you can do for them.”

Robinson says the message could be as simple as a free online valuation tool – ‘Would you like to know how much your house is worth?’. But it needs to grab the attention of a potential vendor.

He says another approach is to inspire people. “If you inspire someone to take action, that is powerful. Rather than saying ‘We use professional photography’, you show that with your front image – the entire flyer is an image of a beautiful home in an amazing setting that is taken incredibly well. You have that as inspiration, and a simple headline – something like ‘Thinking of moving?’ or ‘How would your family look in this home?’ Something that would get the recipient to put themselves in that position.

“If you say ‘your family’ rather than just ‘you’ it makes the desire go away from a selfish one to ‘I want to move because it will better my family’. And literally just have your logo on there. So you are not pushing your brand, you are just enticing them to think and want to turn over to see how they can make that house become a reality.

‘Inspire people to action’

“You can even add the price and the location of the house, so you are also adding value to your existing customers – you can say to a vendor, ‘50,000 potential buyers will see your property’. To inspire people is the best way to create action; to show them ‘here is what is possible’.”

Robinson says that when it comes to planning campaigns, regular contact is much more effective than a random, one-off flyer. “The key to marketing is the drip-drip effect strategy. You repeat to the same audience regularly, amending your message each time. It’s the reverse of the one-hit wonder approach.”

Mr Flyer uses Royal Mail, which, says Robinson, adds credibility when the flyer is received with the mail, and ensures it is delivered to precisely the addresses the agents wants to target. He advises every month to start with, before dropping down to every other month after that.

“If a company is active on social media they will post maybe every day and use paid advertising every week. The whole reason for that is they know you need to appear in the eyes of your audience frequently to build awareness, to build trust and to build engagement – the three key stages,” he explains.

“You can’t expect to send something out once and get an instant response. You want to keep brand consistency, but you can’t just send the same thing every month because that just shouts out laziness and people will dispose of it immediately.”

Robinson also emphasises that, contrary to popular opinion, print flyers not environmentally unfriendly, providing steps are taken to mitigate the carbon footprint. Mr Flyer’s new brand, Greener Mail, works in conjunction with the Wildland Trust, to provide fully carbon-balanced printing.

“Planting trees is what most companies that claim to be greener do, but they don’t have a positive impact for 20 years, on average,” points out Robinson. “The Wildland Trust’s purpose is to preserve and protect the most carbon-rich and endangered places in the world – in places like Guatemala. Any time a client does any door-to-door mail with us, we will send a certificate showing exactly how many square metres of endangered woodland they have protected and restored, and how many kilos of CO2 they have balanced.”

Robinson says many people wrongly assume that electronic marketing doesn’t have any impact on the environment. He says emissions generated by using email are estimated to be equivalent to 300 million tonnes of CO2 a year, globally – the equivalent to 63 million cars.

So with clean eco credentials, print still has a vital role to play for agents, whether it be signboards, brochures or flyers.

Trust equals success

Ben Brookes at Agency Express says “regular exposure to the branding, colours, logos, names etc helps to breed trust, and trust is the basis of a successful sales environment. Buyers will feel more confident to proceed with an agent who is well recognised.”

Perhaps Phil Hawkins at Ravensworth sums it up best: “Because social media campaigns can be tracked we thought it would kill off the print side of marketing, and it started to for a little while – but now we are seeing a huge resurgence and it comes back to the fact that people like something tangible.”

 

 

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A.I. five! https://thenegotiator.co.uk/a-i-five/ https://thenegotiator.co.uk/a-i-five/#respond Mon, 18 Sep 2023 11:14:43 +0000 https://thenegotiator.co.uk/?p=146988 Artificial intelligence is already part of agency! Digital marketing expert, Nelly Berova suggests five great ways to use ChatGPT for your estate agency business.

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The arrival of ChatGPT has to be the digital event of 2023. The chat bot was launched by software company OpenAI in November 2022. Within two months it had 100 million users – it took Facebook more than four years to achieve this particular milestone. While artificial intelligence has been around for a while, the rapid adoption of ChatGPT is making people nervous – about its global impact on employment, education and trustworthiness of the information we consume.

Nelly Berova - Art Division

Nelly Berova

Whether you’re wary about ChatGPT or think it’s the key to boosting productivity, there are things you should know before using the platform.

Authenticity – ChatGPT can write you an article, listing or social post at breakneck speed. It will be grammatical and read well but it won’t replicate the tone of voice of a real human writer.
Accuracy – ChatGPT sweeps the web for everything that’s been ever been written about your chosen topic – good or bad. It can’t promise factual accuracy, so you need to know your subject.

It’s only as good as the prompt you give it. What you get out of ChatGPT is very much down to what you put in.

It has limitations – basic, factual subject matter works better with ChatGPT than something more nuanced – weighing up pros and cons or discussing the state of the local market, for example.

With those caveats in mind, let’s dive into ChatGPT and find out what it can – and can’t – do for estate agency businesses.

Property listings

If churning out property listings is the bane of your life, a tool to take care of this job may seem like a dream come true. In fact, listings are among the most popular uses agents have found for bot. Remember to include all the key benefits of the property in your prompt.

Edit the content too, rather than reaching straight for copy and paste, to ensure the listing is doing the best job for your client and has the right tone and style.

Email newsletters

Email newsletters are one of your most important tools for reaching and converting customers, yet providing content month after month can feel like a chore. ChatGPT can be a good way of generating copy, but again we’d advise caution. Your emails are a key step in targeting customers with the precise information to draw them in. You can’t rely on the chat bot to channel those exact messages. Newsletters also require an engaging tone that expresses your brand’s personality. The content generated by ChatGPT will need a careful re-write to achieve that.

Blog articles

Informative blogs that solve the pain points of your audience are the key to raising awareness of your brand and generating leads. Writing them yourself can be time-consuming – meaning they often get shelved if time is tight. ChatGPT may seem like the perfect solution; you only need to give it a prompt and watch the whole article appear before your eyes.

What you get out is very much down to what you put in to ChatGPT.

Aside from the issues of tone and relevance to your precise audience, accuracy is something to consider here. It is vital that you know the subject well or carry out an extensive fact check using credible sources before you publish something generated by the bot.

Remember too that the free version of the platform won’t give you the most current information and data. That said, it is useful for sifting through the wealth of information out there, as long as you are prepared to put in the work to reshape it to suit your organisation’s style.

Social media posts

ChatGPT can be used for quickly generating simple, clear and informative social posts that you can schedule to your platforms, saving time and effort. As we’ve said, getting it right is all in the prompt, so make sure you include that key information in your command.

Video scripts

Creating lively and engaging video content is another core part of your digital marketing strategy. Videos don’t make themselves, however, you need to create a script. ChatGPT is good for generating ideas and getting you started, if this is a new area for you. Once you’re happy with the basic content of the script, get your speaker to ad lib or talk through it in their own words to ensure authenticity.

To sum up, while many people have misgivings about this brave new world, ChatGPT is hard to ignore. If you haven’t done so already, definitely have a look. Just be aware of its limitations and see the content it generates as, very much, your first draft.

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