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Social Media: “It goes to 11” Allison Crabtree, Director of Marketing Bell Partners Formerly Steven D. Bell & Co. April 30, 2009

"Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

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Alison Crabtree, Director of Strategic and Internet Marketing, Bell Partners presents on how Bell Partners uses social media to help market and lease out apartments at each of the properties they manage. Allison provides a real case study and includes the methodology her organization uses to accomplish this task.

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Page 1: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Social Media: “It goes to 11”Social Media: “It goes to 11”

Allison Crabtree, Director of Marketing

Bell Partners

Formerly Steven D. Bell & Co.

April 30, 2009

Allison Crabtree, Director of Marketing

Bell Partners

Formerly Steven D. Bell & Co.

April 30, 2009

Page 2: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Say what?Say what? Steven D. Bell and Company is now Bell Partners! Top 10 Apartment Managers (NMHC)

About 3,000 employees 61,000+ units 200+ properties Founded in 1976 Private Company (Multifamily, Senior Living, and Commercial)

Steven D. Bell and Company is now Bell Partners! Top 10 Apartment Managers (NMHC)

About 3,000 employees 61,000+ units 200+ properties Founded in 1976 Private Company (Multifamily, Senior Living, and Commercial)

Page 3: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 4: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 5: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 6: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 7: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 8: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 9: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 10: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 11: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 12: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

First things first…First things first… Social Media Is NOT:

Having accounts with Twitter, Facebook, MySpace, etc.

Surfing the web “Easy”

Social Media Is: Engaging in a two way conversation with your

customers A revenue generator Time intensive Electronic “word of mouth”

Social Media Is NOT: Having accounts with Twitter, Facebook,

MySpace, etc. Surfing the web “Easy”

Social Media Is: Engaging in a two way conversation with your

customers A revenue generator Time intensive Electronic “word of mouth”

Page 13: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

There’s a lot to understand…There’s a lot to understand…

Page 14: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Bell Partners Social Media- Why?Bell Partners Social Media- Why? To be one of the first multifamily management companies to

use social media to add value through non-traditional techniques

User generated content- by people for people New technology = New way to work with customers We wanted “real”:

Feedback Organization Promotion

Pull vs. Push Uh….why not?

To be one of the first multifamily management companies to use social media to add value through non-traditional techniques

User generated content- by people for people New technology = New way to work with customers We wanted “real”:

Feedback Organization Promotion

Pull vs. Push Uh….why not?

Page 15: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Bell Partners Social Media- How?Bell Partners Social Media- How?

Small Controlled Beta Group Generated Support and Excitement Started with MySpace, then Facebook, Twitter, etc. Tracked Results Monthly Reports to the Entire Company Created Training and Support Systems Created Risk Management Systems Added to Corporate Audit

Small Controlled Beta Group Generated Support and Excitement Started with MySpace, then Facebook, Twitter, etc. Tracked Results Monthly Reports to the Entire Company Created Training and Support Systems Created Risk Management Systems Added to Corporate Audit

Page 16: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Bell Partners Social Media- Who?Bell Partners Social Media- Who?

“Owned” by the Marketing team “Managed” regularly by site teams Dedicated one corporate resource for support to

build processes Company support from the President down

I don’t get it, but I know it’s important. Let’s do what we have to do to “keep it real!”

“Owned” by the Marketing team “Managed” regularly by site teams Dedicated one corporate resource for support to

build processes Company support from the President down

I don’t get it, but I know it’s important. Let’s do what we have to do to “keep it real!”

Page 17: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Sharing SuccessesSharing Successes

Page 18: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference
Page 19: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Data Tracking- Pros and Cons Data Tracking- Pros and Cons

"Free" Online Leads and Leases

0

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Leads

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Program Starts 4/1/08

Page 20: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Bell PartnersBell Partners Challenges

Generating Top Down Support and Buy-In

Ongoing Training and Continued Engagement

Data Tracking Measuring ROI? Risk Management Company Size and Roll-

out plan

Challenges Generating Top Down

Support and Buy-In Ongoing Training and

Continued Engagement Data Tracking Measuring ROI? Risk Management Company Size and Roll-

out plan

Successes WOM Training Generating Buzz Generating

Leads/Leases Collecting Delinquent

Rent SEO Cap/Trans Leads Resident and Employee

Communication

Successes WOM Training Generating Buzz Generating

Leads/Leases Collecting Delinquent

Rent SEO Cap/Trans Leads Resident and Employee

Communication

Page 21: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

So many choices…So many choices… Social Networking

MySpace, Facebook, and coming soon an internal and external Bell network

Social Networking/Microblogging Twitter

Photo Sharing Flickr

Video Sharing YouTube

Product/Neighborhood Reviews Yelp.com, RentWiki.com

Social Networking MySpace, Facebook, and coming soon an internal and

external Bell network Social Networking/Microblogging

Twitter Photo Sharing

Flickr Video Sharing

YouTube Product/Neighborhood Reviews

Yelp.com, RentWiki.com

Page 22: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Social Media: An Extension of Word of MouthSocial Media: An Extension of Word of Mouth

What forms of word of mouth will experience the most growth in the nextfew years ?

Social media marketing 37% Social network marketing 35% Mobile marketing 34% User-generated Content 31% Influencer marketing 28% Brand communities 20% Customer forums 17% Branded entertainment 16% Cause-related marketing 14% Brand microblogging 14% Buzz marketing 13% Corporate/brand blogging 11%

Source: Agent Wildfire, 2009

What forms of word of mouth will experience the most growth in the nextfew years ?

Social media marketing 37% Social network marketing 35% Mobile marketing 34% User-generated Content 31% Influencer marketing 28% Brand communities 20% Customer forums 17% Branded entertainment 16% Cause-related marketing 14% Brand microblogging 14% Buzz marketing 13% Corporate/brand blogging 11%

Source: Agent Wildfire, 2009

Page 23: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Facebook Fan PageFacebook Fan Page

Page 24: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Showing Personality through being “Real”Showing Personality through being “Real”

Page 25: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Using Online Classifieds with Social MediaUsing Online Classifieds with Social Media

Page 26: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

TwitterTwitter

Page 27: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Conversation with ResidentsConversation with Residents

Page 28: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Properties can get creative…Properties can get creative…www.myspace.com/springs_at_tyvola_centre

Great song written and performed by maintenance technician!

Page 29: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

FactFact

Social Media

is notis not just for the

“marketing”

department.

Social Media

is notis not just for the

“marketing”

department.

Page 30: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Bell’s Top 10 Lie’s of Social MediaBell’s Top 10 Lie’s of Social Media

Page 31: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #1: Old school is still coolLie #1: Old school is still cool

Page 32: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #2: Use fake photosLie #2: Use fake photos

Original Good BEST! ;) Original Good BEST! ;)

Page 33: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #3: It’s just web surfingLie #3: It’s just web surfing

Social Media is just playing on MySpace and Facebook all day and friending random people.

Social Media is just playing on MySpace and Facebook all day and friending random people.

Page 34: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #4: One Size Fits AllLie #4: One Size Fits All

Everyone’s objectives are the same.

Everyone’s objectives are the same.

Page 35: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #5: It’s a RaceLie #5: It’s a Race

“All social media and networking sites are like…the

same thing, right? YouSpace, MyTube, FriendBook,

LinkedOut, Twiendster, Flicky, Dug. Whatever. Sign

up all at once.”

Don’t collaborate.

“All social media and networking sites are like…the

same thing, right? YouSpace, MyTube, FriendBook,

LinkedOut, Twiendster, Flicky, Dug. Whatever. Sign

up all at once.”

Don’t collaborate.

Page 36: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #6: All people are stupid. Lie #6: All people are stupid.

State-of-the-art fitness center?

State-of-the-art fitness center?

Page 37: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #7: If you don’t tell them, how will they know?Lie #7: If you don’t tell them, how will they know?

Page 38: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #8: Skate where the puck is? Lie #8: Skate where the puck is?

“A good hockey player plays where the puck is. A

great hockey player plays where the puck is going to

be.”

– Wayne Gretzky

“A good hockey player plays where the puck is. A

great hockey player plays where the puck is going to

be.”

– Wayne Gretzky

Page 39: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #9: Everyone else is doing it. Lie #9: Everyone else is doing it.

If everyone else jumped off a bridge, hmmm?

If everyone else jumped off a bridge, hmmm?

Page 40: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #10: Ignore or Discredit Lie #10: Ignore or Discredit

Page 42: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Lie #11: The Economy is goodLie #11: The Economy is good

Page 43: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Final ThoughtsFinal Thoughts Know where you want to go first. Then figure out the

right tools to achieve it. Have a short term and long term strategy Generate company wide buy-in and keep building it! Don’t stop Release some control to the consumer Social Media is all about transparency and dialogue Be “Remarkable” We are living in exponential times Have fun!

Know where you want to go first. Then figure out the right tools to achieve it.

Have a short term and long term strategy Generate company wide buy-in and keep building it! Don’t stop Release some control to the consumer Social Media is all about transparency and dialogue Be “Remarkable” We are living in exponential times Have fun!

Page 44: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

We are in a good space…We are in a good space…

Page 46: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

Just getting started?Just getting started? Social Media in Plain English

Common Craft Videos for the WorkplaceCommon Craft Videos for the Workplace Did you know? Did you know?

Exponential times videoExponential times video Advertiser vs. ConsumerAdvertiser vs. Consumer

Great videoGreat video 5 Digital Trends to Watch for 20095 Digital Trends to Watch for 2009

White paperWhite paper LinkedIn VideoLinkedIn Video

Reid Hoffman InterviewReid Hoffman Interview MashableMashable

Online Social Media Source GuideOnline Social Media Source Guide

Social Media in Plain English Common Craft Videos for the WorkplaceCommon Craft Videos for the Workplace

Did you know? Did you know? Exponential times videoExponential times video

Advertiser vs. ConsumerAdvertiser vs. Consumer Great videoGreat video

5 Digital Trends to Watch for 20095 Digital Trends to Watch for 2009 White paperWhite paper

LinkedIn VideoLinkedIn Video Reid Hoffman InterviewReid Hoffman Interview

MashableMashable Online Social Media Source GuideOnline Social Media Source Guide

Page 47: "Social Media: 'It goes to 11'" - Allison Crabtree (Bell Partners) - 2009 Apartment Internet Marketing Conference

“11” is the new “10”“11” is the new “10”

“It takes a lot of courage to release the familiar and seemingly secure, to embrace the new. But there is no real security in what is no longer meaningful. There is more security in the adventurous and exciting, for

in movement there is life, and in change there is power.”

Alan Cohen

“It takes a lot of courage to release the familiar and seemingly secure, to embrace the new. But there is no real security in what is no longer meaningful. There is more security in the adventurous and exciting, for

in movement there is life, and in change there is power.”

Alan Cohen