new sub regime feb 2011
DESCRIPTION
Details of new subscription model for Realestate.co.nz from 1st April 2011 and introduction of new marketing opportunities for properties.TRANSCRIPT
Industry owned website
Supporting and protecting the industry from the aggressive profit
motivations of media owned websites
Profile for your listings
25%
50%
Metropolitan Newspapers - Prior 7 day usage for real estate search
45%
60%
Property Magazines - Prior 7 day usage for real estate search
80%
69%
Specialist real estate websites - Prior 7 day usage for real estate search
•2006 - Launch
•2007 - Loyalty building
•2008 - Social media / data / allrealestate
•2009 - Zoodle / Premium advertising
•2010 - New websites / iPhone
•2011 -
Loyalty
1. Subscription
2. Premium property advertising
3. Enhancements & promotion
Subscriptions
$200 per month / office
Online marketing
Online marketing
Transparent | Fair | Equitable
Large office
Small office
6
Large office$300 per month /office
Small office$225 per month /office
6
Subscriptions
$0per month / office
Subscription rebate
‘dividend’
•6 Active sales agents
•Average 10 listings per month
•Subscription $300
•$180 premium property advertising
•Subscription rebate $180
•Effective subscription cost $120
•3 Active sales agents
•Average 7 listings per month
•Subscription $225
•$60 premium property advertising
•Subscription rebate $60
•Effective subscription cost $165
•3 Active sales agents
•Average 7 listings per month
•Subscription $225
•$225 premium property advertising
•Subscription rebate $225
•Effective subscription cost $0
•14 Active sales agents
•Average 22 listings per month
•Subscription $300
•$500 premium property advertising
•Subscription rebate $300
•Effective subscription cost $0
Rebate
1. Subscription
2. Premium property advertising
3. Enhancements & promotion
Feature Listing
$59
Showcase Properties Looking to sell your home?
Refresh Listing
$50Showcase Properties Looking to sell your home?
Showcase Listing
$150 / week
Showcase Properties Looking to sell your home?
Global Listing
20 global property websites20 million monthly visitors
$250 (inc GST) - 90 days
$59 $50 $150
$49 $30 $75
Feature Refresh Showcase
Marketing campaignWeek 1 - Feature Listing : $59
Week 2 - Refresh Listing : $50
Week 3 - Showcase Listing : $150
Week 4 - Showcase Listing / Refresh : $200
Auction - 20 March
Total cost : $459 (inc GST)
Listed - email alert / Feature
Refresh - email alert
Showcase Showcase
Refresh - email alert
Marketing campaign
Week 1 - Feature Listing / ListGlobally : $309
Week 2 - Showcase Listing : $150
Week 3 - Showcase Listing / Refresh: $200
Week 4 - Showcase Listing / Refresh : $200
Auction - 20 March
Total cost : $859 (inc GST)
Listed - email alert / Feature
ShowcaseShowcase
Showcase
Refresh - email alert
Refresh - email alert
Marketing campaign
Week 1 - Feature Listing : $59
Week 2 -
Week 3 - Refresh: $50
Week 4 -
Auction - 20 March
Total cost : $109 (inc GST)
Listed - email alert / FeatureRefresh - email alert
1. Subscription
2. Premium property advertising
3. Enhancements & promotion
Investment
Enhancement
PromotionInnovatio
n
Enhancement
Showcase Properties
Promotion
•Advertising - all websites
•Online & print media
•Social media
Innovation
Discover
1. Subscription
2. Premium property advertising
3. Enhancements & promotion
Next Steps
•Roadshows
•Email - facts sheets / sales leaflets
•Sales team support
•1st April - new premium advertising products
•1st April - new subscription / rebate