atlanta narpm - social media presentation

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Social Networking 101 8 Social Media Tips to help grow your Business Dan Daugherty rentbits.com September, 2011 Dan Daugherty rentbits.com

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Social Media and how property managers can use it to help grow their business.

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Page 1: Atlanta NARPM - Social Media Presentation

Social Networking 1018 Social Media Tips to help grow your Business

Dan Daugherty

rentbits.com

September, 2011

Dan Daughertyrentbits.com

Page 2: Atlanta NARPM - Social Media Presentation

● 2002 - Google● 2005 - Founded Rent Marketer● 2008 - Launched rentbits.com● 2010 & 2011 - Named Inc. 500 | 5000 Fastest Growing

US Company

Who am I?

Page 3: Atlanta NARPM - Social Media Presentation

What is Social Media?

Page 4: Atlanta NARPM - Social Media Presentation

What is Social Media?

To me, social media is utilizing your 6 degrees of separation to communicate, find and explore.

The Dentist Test

1995 and Before- How did you find a dentist?Today - How do you find a dentist?Tomorrow - How will you find a dentist

Page 5: Atlanta NARPM - Social Media Presentation

Why Social Media?

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Why Social Media?

Social Media Popularity around the World

SEO Moz - Users who have created a social networking profile

Page 7: Atlanta NARPM - Social Media Presentation

Why Social Media?

Page 8: Atlanta NARPM - Social Media Presentation

Why Social Media?

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Why Social Media?

Search engines and social media are becoming one.

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Vertical Trends

Search has become more vertical

Broad Search Engines

Vertical Search Engines

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Vertical Trends

Just like search - Social media is becoming more vertical

Broad Social Media Sites

Vertical Social Media Sites

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Why Social Media?

Search engine ranking formulas are incorporating social media signals.

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Search is becoming more Social

Google +1

Recommendations from your friends andothers.

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8 Social Media Tips to help grow your Business

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But first....

Social Media for Business:

● is Not Easy● is Time Consuming● is Tedious● is Boring● is Monotonous● is worth it.

Social Media ROI = Time put into it

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Tip # 1

Reach More Owners - Not (Renters)?

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In total, guest cards from Social Media sites accounted for the following percent of all activity:

.05%

Does Social Media mean more renter leads?

Source: aim

Tip # 1 Reach More Owners

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Does Social Media mean more Owner leads?

Source: HomeGain Survey of 1300 Realtors - 2010

1. Referrals (Scored 8.7 out of a possible 10)2. Featured Listings (4.8)3. Email Campaigns (4.7)4. Postcards/Mailers (4.6)5. Blogging (4.1)6. Online Lead Generation Services (4.1)7. Facebook / Blogging / etc. (4)8. LinkedIn (3.6)9. Outdoor advertising (3.6)

10. Print Ads (3.6)

Tip # 1 Reach More Owners

Page 19: Atlanta NARPM - Social Media Presentation

How?

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Tip # 2

Communicate Directly with Target Audience

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Tip # 2 Communicate Directly with Target Market

● Utilize Q/A Services

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Tip # 2 Communicate Directly with Audience

Trulia

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Tip # 2 Communicate Directly with Target Audience

rentbits

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Tip # 2 Communicate Directly with Target Audience

Zillow

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Tip # 2 Communicate Directly with Target Audience

Linkedin

- Over 10,000 members in this group

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Tip # 3

Control your Brand

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Tip # 3 Control your Brand

Type in your company name, or name into Google, what shows up?

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Tip # 3 Control your Brand

1) Google Profile Page

2) Linked Profile Page

3) Twitter Profile Page

4) Crunchbase Profile Page

5) Facebook Profile Page

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Tip # 3 Control your Brand

Monitoring your brand

● Use Google Alerts● Use search.twitter.com● Use Google real-time search● plus.google.com

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Tip # 4

SEO Benefits

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How are websites ranked?

● Page Rank - (0 - 10)● Over 100 variables to

determine ranking

Data from SEOMoz.org

Tip # 4 SEO Benefits

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Tip # 4 SEO Benefits

Part of social media is blogging on a consistent basis.

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Tip # 4 SEO Benefits

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Tip # 4 SEO Benefits

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Tip # 4 SEO Benefits

Promotion of content - Likes and Links are good.

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Tip # 4 SEO Benefits

Promotion of content - Likes and Links are good.

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Tip # 5

Niche Marketing

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Tip # 5 Niche Marketing

Target Real Estate Investors In Your Area

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Is your company on local sites?

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Tip # 5 Niche Marketing

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Top 5 Local sites to Add Your Business

Google Places (free) - google.com/places

Yahoo Local (free) - local.yahoo.com

Merchant Circle (free) - merchantcircle.com

Local.com (free) - local.com

Superpages (free) - superpages.com

Tip # 5 Niche Marketing

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Tip # 6

Thought Leadership

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Tip # 6 Thought Leadership

● Builds credibility○ Owners want to know you are promoting them

● Build it and they will come○ Local and national News and RE Blogs

● Speaking Opportunities

● Local Expertise○ Local rental data○ Local rental scams

All of this hard work means more traffic, links, referrals and business.

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Tip # 7

The new Referral Industry (social graph)

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Way # 7

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New Social Media Technologies

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New Social Media Technologies

SocialBios.com

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Tip # 7

The new Referral Industry (Reviews)

Page 49: Atlanta NARPM - Social Media Presentation

Company Reviews

● Reviews will continue to become a larger part of search engine algorithms.

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Tips for Reviews (positive and negative)

● What do you do?○ Crowdsourcing Exercise

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Tip # 8

Communicate with Existing Owners and Tenants

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Tip # 8 Communicate with Existing Owners and Tenants

● Friends (FB)○ Groups

● Followers (Twitter)● LinkedIn Groups● Developing your own Ecosystem

Page 53: Atlanta NARPM - Social Media Presentation

Tip # 8 Communicate with Existing Owners and Tenants

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Tip # 8 Communicate with Existing Owners and Tenants

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Social Media Formula for Success

Social Media ROI = Time Put In (Squared)

● Blogging○ Tweet your posts

● Answer Questions on QA Sites● Adding Business to Local Sites● Start a Facebook Page

Consistent Rich Educational Content is King

Page 56: Atlanta NARPM - Social Media Presentation

Contact Us: Dan [email protected]/rentbits303.640.3160

Questions?