Union Street MediaReal Estate and Ecommerce Web Design

There has recently been some chatter about long-tail-focused blogging, especially in that little corner of the blogosphere occupied by your local-loving real estate bloggers. And since I can’t help but wade into something that could possibly be measured I bring you this post.

What is the Long Tail anyway?

The Long Tail as a marketing theory was established by Wired editor Chris Anderson back in 2004 and or Clay Shirky in 2003. Wikipedia tells us that the Long Tail is used:

“to describe the niche strategy of certain business such as Amazon.com or Netflix. The distribution and inventory costs of these businesses allow them to realize significant profit out of selling small volumes of hard-to-find items to many customers, instead of only selling large volumes of a reduced number of popular items. The group of persons that buy the hard-to-find or “non-hit” items is the customer demographic called the Long Tail.”

(more…)

The HTML that will allowed on Craigslist should be enough to make a nice layout. You get images, tables (as much as I abhor table-based web development), headers and the font tag. Sure it’s like we’re rolling back the clock to 1999. But it won’t be too difficult to make attractive ads with the tags allowed.

I would consider the outcry to be pretty much a false alarm (let me know if I’m wrong here). But it still provided a great opportunity to listen to customers and hear what they think about real estate marketing efforts.

Long rumored and now live. The example above is from Dunstan Orchard. A few quick tidbits:

• 90 Second time limit. May sound confining, but frankly, it will probably save us all from ourselves.
• 150MB per video file.
• Pro members only (a pro account is insanely inexpensive).

All in all it looks pretty good.

I’ve long loved Flickr for it’s easy to use interface (and plugins that hook right into my iPhoto) and the great way of sharing photos online and putting them in blogs etc.

Now that same experience is translating over to short video clips. I also like the exceptionally clean interface of the video player itself: it’s all about the image and not at all about the play button. Very cool.

Do you use Flickr? How might you use this tool?

For most sites, the home page is by far the most visited. The visitor segments are the most broad here too: random search engine traffic, sometimes advertising ends up here (though I, personally, recommend against that), sometimes a link from someone’s blog ends up going to your home page. All of these wide, varied audiences need to be directed and channeled to the place that will help them get something done.

Too often, home pages end up getting fractured and fragmented due to a lack of focus. These tips should help you get focused.

Here’s a quick list of simple things you can do to make your real estate home page more effective. To be honest, several of these tips could work for any business site with a little tweaking.

1. Have one main headline that tells users what can be done on your site. Resist the urge to use the generic “Welcome to my homepage” stuff. People aren’t on your homepage to feel welcome, they are there to accomplish a task. You can’t make them feel welcome by saying “Welcome.” You can, however, make them feel welcome by making it easier for them to accomplish their task (like buy or sell a property).
2. Have a page title (the text at the very top of the browser) that relates to your headline and contains the search term you want most. This will help in two ways: it will help your search ranking and will improve the usability of your listing in the search engine result page.
3. Include a clear call-to-action. You probably have a desired outcome for people who come to your site. Know what that outcome is and make it easy for your site visitors do what you would like them to do.
4. Include a visual and direct link to the thing you want to sell most, like a featured property listing, a page with your listings on it, a page with listings that you like to represent, whatever it is that you do best. Some of your site visitors know exactly what they are looking for and will likely skip over your offer. But other visitors will appreciate your suggestion to get them started down the path to do business with you.

What are some other things you can do to make your home page better?

Readers of my “Site Optimization Series for Real Estate” may find some usefulness in my recent guest post for Nicole and Reggie over at MyTechOpinion.com.

It’s called “Three KPIs for Real Estate Websites.”

If you’re a Realtor who has been hesitant to dive into Google AdWords, today is the day to get started.

First, you’ll want to be clear about the difference between “organic search” and “paid search.” Organic search results are a product of a Search Engine’s algorithm (a fancy word for method), rather than paid advertisements. Search engine algorithms are a bit of a mystery and always changing – and Google and Yahoo like to keep it that way. Until you’ve spent some time (and perhaps money) to optimize your site content and understand the variety of elements that contribute to the algorithm, ranking high on a Google search engine results page (SERP) with “organic” search can be frustrating and challenging.

Another way to get traffic to your site is by setting up a “paid search” campaign with a tool such as Google AdWords to generate more traffic to your site. If you’ve done a good job delivering those people to the right part of your site for their search terms (known as a landing page), those new visitors will hopefully “convert” by contacting you and/or registering on your site to make best use of the search tools the next time they return. You can also use what you learn from your advertising successes to help inform decisions on your site content, but that’s a topic for a different post.

You can get started with online advertising on your own or get in touch with the Internet Marketing Team at Union Street Media. You can also keep following this blog for more information about internet marketing for Realtors. In particular, follow G. Dewald’s series on Website Optimization for Real Estate.

Last time we discussed the overview of a site optimization process, so I bet you’re ready to get rolling on improving your site. But before we can start implementing our process we need to chart a course. Let’s get started.

Determine the objective

For most real estate sites, the objective is to increase qualified leads (the people who are looking for the kind of property you like to sell or selling the kind of property you like to buy). Maybe there are other objectives as well. Think about this as you begin your process. Maybe sometime in the future your goals and objectives will change, that’s fine. The important thing is to know what your goals are so that you can track them.

Track your progress

Once your objectives are determined, it’s time to figure out what metrics you’re going to use to track your progress. The TLA (three letter acronym) used to describe the metrics that connect to your objective is KPI (key performance indicator). It’s very important to remember that every KPI is a metric but not every metric is a KPI. There are hundreds of reports a decent analytics package will produce for you. Not all of them relate to your objective. An excellent rundown of what makes a metric into a KPI can be found on Dennis Mortensen’s VisualRevenue blog:

7 KPI characteristics

1. a KPI echoes organizational goals
2. a KPI is decided by management
3. a KPI provides context
4. a KPI creates meaning on all organizational levels
5. a KPI is based on legitimate data
6. a KPI is easy to understand
7. a KPI leads to action!

I know it’s easy to let your eyes glaze over as you read that handy list. But resist the urge. Note a couple important items like #2: a KPI is decided by management. That means you. Your analyst (me) can make some good suggestions but ultimately you’ve got to decide that it’s relevant. If you don’t, then everyone will just be spinning their wheels. Take the time to understand why your analyst is suggesting a specific KPI and make it a conversation.

Another great one is #5: a KPI based on legitimate data. You need to understand your analytics package and establish your degree of confidence in it. You also need to understand what your analyst is doing with the numbers outside of the analytics package (yes, we’re making spreadsheets and trying to provide more context–Google Analytics has some pretty graphs, but we need more).

Number 7 is the most important of all: a KPI leads to action. If you can’t do anything with the data, if you can’t base a business decision on it, then it isn’t worth tracking. It may be interesting. Entertainment is interesting. Analysis needs to inform action.

For some examples of KPIs for real estate sites, check out my guest post over at MyTechOpinion.com: Three KPIs for Real Estate Websites.

Now what?

Take a deep breath. If you’ve come this far chances are good that you’ve done more than your competition: you know what you want to do and you know how you will measure your progress. And you are committed to making improvements to speed your progress. You’ve done the thinking and now it’s time for acting.

Next time we’re going to cover setting up a benchmark study (so we can see if any of our decisions and actions are helping or hurting).

One of the best ways to market real estate online is to get your listings in front of as many people as possible. This is pretty much common sense. On the other hand, negotiating ways in which the data that makes up a listing can be shared is a particularly touchy subject. Against a backdrop of prolonged discussions of a national MLS and an increasingly competitive market, technology companies are going ahead with plans to create a universal feed for syndicating listings.

There is a relevant “geek speak” phrase that come to mind in the real estate online marketing landscape of early 2008: Steward Brand’s “information wants to be free.” Here’s the full context, from his speech at the Hacker’s Conference way back in 1984:

“On the one hand information wants to be expensive, because it’s so valuable. The right information in the right place just changes your life. On the other hand, information wants to be free, because the cost of getting it out is getting lower and lower all the time. So you have these two fighting against each other.”

Sounds a lot like the careful dance of getting an MLS online in the most effective manner, doesn’t it.

As people were discussing at Inman Connect NYC, Yahoo!, Trulia and Zillow are getting together to work on a standardized feed for syndicating real estate listings. Here’s where they’re at now. Very interesting indeed.

I remember back in the earlier days of making websites how people could post a site and pretty much forget about it for a year or two. Some people can still do that, I suppose. But the businesses that rapidly review their market climate, attempt to gain insight into their customers needs and act on those insights will do better than those which do not.

Constantly redesigning a website can’t be cost-effective, can it? (more…)

Considering the plunge into social media? Check out this world map of social networking website usage over at Le Monde. The map is in French but I bet you’ll get the idea.

How do you make use of this information besides practicing your French? Well one way, if you have a global market,  is to consider targeting your audience where they hang out. In particular note how Europe’s use of social networking varies from our own.

Another thing to look at is domestic (meaning US in my case) usage of social networking sites. Here in the US, Facebook gets a lot of attention but is significantly behind MySpace. Does that mean you should ditch your Facebook account and head over to MySpace? Depends. Different sites are used by different audiences and for different purposes. Do some research to see if your target audience is more prevalent on whichever site you devote your time to.

Also keep an eye on the future. Orkut, the dominating social networking site of Latin America, is operated by Google. Google has announced a system by which various social networking sites (including MySpace and LinkedIn but conspicuously not including Facebook) can share data to make a more seamless social networking experience. That’s a complicated way to say “you don’t have to log in and make 20 different profiles.”

The social networking landscape will change. A number of years ago we were all using SixDegrees, then a rash of LiveJournal/blog systems, then Friendster which imploded as MySpace picked up. Facebook looks poised to take over from there. The thing to keep an eye on, if you intend to use these systems for marketing, is make sure you’re devoting the most time/resources to the site that has the most leads for your business, which may not be the most popular.