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Marketing Trends and Pitfalls Landlords Face in 2012

WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

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This presentation by Darren Henry from Gottarent.com and Richard Brown from RentBC.com was presented in Vancouver on February 29, 2012.

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Page 1: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Marketing Trends and Pitfalls Landlords Face in 2012

Page 2: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Marketing Trends• What is the current shift– in technology?– in media?– in advertising value?

• Popular Marketing Trends & Their Pitfalls• Comparing Media Channels and Their Value.

Page 3: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Popularity of the different browsers.

Technology Shift… what browsers?

Page 4: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

PC vs. Mobile vs. Tablets

Technology Shift… what devices?

Page 5: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Internet is growing exponentially!

Media Shift….what sources of advertising media?

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 -

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

Internet Daily Newspapers Television

Page 6: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

What is good advertising value?• Pay per lead• Pay per click• Pay per lease• Pay with your time– What is your time worth? – Is it worth doing it yourself?

Advertising Value Shift

Page 7: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Banners

Online Display Banners

Page 8: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

VideosEach month in Canada:- 5.6 billion videos watched- 388 million hours- 251 videos per viewer- 17.2 hr per viewer/month!

Videos in Canada…

Page 9: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Pay Per Click

What are the management fees?

What numbers are important to know?

Page 10: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Websites• A website cost can range from free to $100,000+• Website operating costs range from $500 to thousands

annually plus required SEO updates.• You must have a website to be found online!• Website options include:– Listing Websites– Corporate Custom websites– Fully integrated solution websites

Page 11: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Mobile Smartphone Usage (%)

Sent text messageUsed downloaded application

Accessed news and informationUsed browser

Used email (work or personal)Accessed Social Networking Site or Blog

Played gamesAccessed weather

Accessed searchListened to music on mobile phone

Accessed mapsAccessed sports information

Accessed entertainment newsAccessed bank accounts

Scanned QR/bar code with mobile phone

0 10 20 30 40 50 60 70 80 90 100

88.184.2

79.374.8

69.360.7

53.260.2

51.240.7

44.431.5

29.528.8

18.1

Page 12: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Blogging• Corporate blogging, how much time is spent

on updating their blog?– 27% will spend 1-3 hours per week– 21% will spend 3-5 hours per week – 15% will spend 15min -1 hour per week

• 25% of professional bloggers are dedicating upwards of 40 hours or more per week.

Page 13: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Social Media

Page 14: WEBCON Vancouver - Marketing Trends and Pitfalls Landlords Face in 2012

Traffic Leads Branding Not Included in Cost

PPC 2,352 58 Poor Management Fees

Banners 83,000 imp 191 clicks Great Creative

Videos

Blogging

Websites

Mobile

Social Media

SEO

ILS*

Referrals

* Photography, graphic design, programmers, call & email tracking, SEO, full service and many more services may be included

How much can you get with $1000?

Can you compare value of the different online marketing initiatives?