Archive for the ‘Email Marketing’ Category
Who’s got Talent
Boston Logic is looking to bring on two additional members to our already strong team. As you may know, Boston Logic is a technology and marketing consultancy providing online marketing (including Real Estate SEO), web development, and IT consulting.We are a fast growing company with clients throughout the country. Our culture has a fun, energetic feel, but we are intensely busy and maintain a professional, dedicated working environment. Our employees embody an entrepreneurial, passionate nature and a work hard/play hard attitude.
A little bit more about the two positions we are looking to fill immediately:
Ruby Developer
Strong technical and coding skills are essential for this job. You should have experience interacting with clients and effectively communicating with several parties to achieve results. Knowledge of online marketing and how the web can be used to drive business is key. Demonstration of superior client interaction, communication, and time management capabilities are a important for success in this position.
We will also be looking for the following abilities and qualifications:
•Communicating with clients to understand their needs and mapping business requirements to technical specifications
•Working with a team to strategically design and implement solutions
•Plan and execute internal company projects and contribute to long term company direction
•Write software in Ruby, PHP, Javascript, HTML, and CSS. (.Net, a plus)
•Linux server administration
•Knowledge of the real estate industry is a plus.
Online Marketer
We are looking to expand our Online Marketing team with a self-motivated, talented, and driven individual to serve as our Online Marketing Associate. The position requires 2+ years of work experience, a fair understanding of Web 2.0, strong writing skills, a contagious enthusiasm and a willingness to learn and get involved in all levels of our marketing programs (experience in Real Estate SEO, SEM, PPC and email marketing preferred).
We will also be looking for the following abilities and qualifications:
•Excellent written and interpersonal communication skills
•A strong understanding of existing online marketing tactics and a demonstrated history of creative, out of the box thinking
•Proven ability to take on several projects simultaneously from different groups; ability to delegate and manage tasks accordingly
•Familiarity with Email Marketing Tools such as Constant Contact
•A strong grasp and understanding of company branding
•Understanding of the real estate market
•Ability to work in a fast paced, fun and entrepreneurial environment
•A self-starter mentality and ability to work independently, as well as within a small team
If you match either of these descriptions or know of someone who does then please refer to BostonLogic.com/jobs
for more details about the position and how to apply.
Traditional vs Online media – Judging ROI
Hey folks. For the local readers (we’re based in Boston) the 3rd installment of the course I’m giving for the North East Association of Realtors is happening this coming Monday. Here’s a link to the course outline. I’m looking forward to seeing you there.
The next session is going to be an in-depth look a the subject of this post. We’re going to be talking about traditional media as it compares to online media. Of course real estate seo is an online marketing medium. So, we’ll be touching on SEO and talking about how it stacks up against the other media.
Now, at Boston Logic, we’re on the side of those who proclaim the digital marketing mantra “Print is dead!” Well, maybe not yet, but it’s circling the drain.
The basic question is, why is this happening? Why is traditional media losing favor while online media is gaining a larger and larger share of the marketing dollar? From our perspective, there are two forces at work.
First of all, our lives are moving online. You need to market to the customers where they are. Your customers are online. Everyone quotes the fact that 80 or 90 percent of real estate buyers start their search online. But the reality is that we do a lot more than just search for property online. We spend hours each day online. We’re buying fewer newspapers, listening to less radio, and we use our TiVo to skip the commercials when we’re watching TV.
The result of this trend is that the number of impressions that each ad spot gets has come down. A TV spot used to be 25% more effective than it is today. And this is steadily declining. Newspaper circulations are falling off a cliff. The news is free online. The paper wastes trees. Pick your reason, we’re all just buying fewer newspapers at the news stand. All of this means that the value of these media is decreasing. So much so that lots of papers are cutting staff, closing their doors, or moving to a completely web-centric model. This means that they’re only going to offer their content online. Hallelujah.
The second reason that marketing dollars are going on line is accountability. Online marketing media, SEO, PPC, social media, banner placement, and email marketing, are all relatively easy to track. You can know how many visitors came from Google’s organic results to your site and how many of these users turned into leads or customers. This means you can calculate the cost of each lead based on the number of leads and your investment into SEO. Calculating ROI is even easier when you’re using Pay Per Click.
In stark contrast, it’s hard to know if a user came from a TV ad or just typed in your web address. Sure, you can print a promo code in the newspaper ad and use that to try and track effectiveness, but then you need to offer some kind of a discount and not everyone will use the promo code. So, you don’t know if your ad is a flop or if it’s actually performing better than your numbers are telling you, based on the number of folks who entered the promo code.
Most small and medium sized businesses don’t even try to track the effectiveness of their print campaign. To most business owners, marketing is a black box. You insert money on one end and hope that it produces business out of the other end. The black box provides little accountability and really doesn’t help you understand your ROI.
If you are one of the smart ones and you are working to understand the ROI on your many marketing media, then the results are probably quite clear. Most marketers know that they get better value out of online media than they do from traditional media. This is the nail in the coffin.
When the numbers tell you that SEO leads are costing you $5 and PPC is costing $7 but the newspaper produces leads at $35. Well, it doesn’t take an MBA to know that you should stop paying for newspaper ads and invest more of your marketing dollars into SEO and PPC. Everyone who runs the numbers is seeing this trend and they’re all moving online.
I could, very honestly, go on. This topic is quite broad. I’ll touch on it in another post soon. I’ll certainly be going into much greater detail on Monday. I hope to see you there! Thanks.
SEO Army – A Real Estate office working together
Real Estate offices are, all too often, made up of agents who are in competition with one another. The reason for this is quite basic really. The compensation structure of most offices doesn’t foster team work.
But, without changing the way your entire office works, I want to give you some suggestions on how each member of your team can put in a little work each month to help your office website rank better in the search engines. If you have the right systems setup, then you’ll see more leads for everyone.
- Make sure there’s at least one link on your real estate agent site to your real estate office’s site. Inbound linking is very helpful when you’re trying to SEO a site. The best links for your real estate seo will be from other real estate websites to your site.
- Make sure the link is HTML text and not an image.
- Compose the text of the link carefully. If you practice real estate in Newport, then the text of the link should read “Newport Real Estate” or “Newport Homes.” If you practice in Boston, then the link might read “Boston Real Estate” or “Boston Condos.” Choose terms for which you’d like your office site to appear higher in the search engine results and make that the text in the link.
- Start an office blog and divvy up the writing assignments. The average real estate office in the USA has 10 agents working in it. If each agent writes a post every other month, then your blog will be well populated before you know it and you’ll start to see reader traffic, comments, and leads. Here are some tips on how to make that blog engaging. Also, if you didn’t know that blogging was good for real estate SEO, there are plenty of posts on this blog that will explain why and how to do it better.
- Each agent in your office should use social bookmarking websites to promote your site and each post to your blog. Every real estate agent and even the admins in your office should learn how to use StumbleUpon, Digg, Reddit, del.icio.us, and other social bookmarking sites. When a new post goes up, a few members of your staff should bookmark each post on each of these sites. This should take no more than a couple of minutes. Have a look at the bottom of this post and you’ll see links to lots of social bookmarking sites. Social bookmarking will bring referral traffic to your site and the backlinks will help your search engine ranking.
- Make sure every agent in your office has accounts on Facebook, Twitter, and Linked In. Make sure the office has a page on these sites too and that you’re all fans of or connected to the office page. If you don’t know how that works or if the last sentence I wrote makes no sense to you, you need to learn more about social media sites. Call Boston Logic immediately. Social networking sites are a great source of referral traffic, don’t miss out on these visitors!
- Aggregate email lists. Make sure the office is sending out a newsletter at least once a month. The content can be pulled from or at least reused on the blog you’re going to start.
Ok, these are all simple SEO tasks that just about any agent in your office should be able to do. If you’re reading this post and thinking how great it would be to get the whole office behind an effort like this, just remember that people love to follow leadership. Be the leader in your real estate office who starts the organic SEO effort. Your colleagues will thank you.
Have a great weekend.
Real Estate SEO and Email Marketing, Part of the chain
This blog is about more than simply Real Estate SEO. Our regular readers know that. SEO affects so many parts of your marketing campaign. Also, to get the most out of your investment in SEO, you’re going to need to need to make some other marketing and technology investments. Email Marketing is just such an investment.
For a long time now, we’ve been partnered with Constant Contact. We’ve done work with iContact, and we use Campaign Monitor regularly too. We’ve been designing email campaigns for years. Every one of these campaigns is designed to help our clients maximize the value of each contact in the email list. This is the reason email marketing is so important. It’s going to help you get the most out of your other investments.
In Real Estate, as in many industries, your SEO efforts are focused on finding leads and customers. Often we judge the effectiveness of a marketing media – be it SEO, PPC, or any other – based on the cost per lead. Now that you’ve paid that money for each lead, you want to maximize the conversion of those leads into customers. Email marketing plays a key role in doing so.
Every lead you get needs to be added to your email list. When they sign up on your site, they should be automatically imported into your contact list and be saved in your CRM system. If you’re using the ONE System by Boston Logic, this is already happening for you automatically.
Now that your leads are in the list, you need to communicate with them. Send them a newsletter. Send them nightly property updates. Add them to your drip campaign. Our clients with email campaigns are far more likely to convert their leads into clients. Alert! this is the conversion rate that really matters. Now we’re talking about client acquisition cost and this is really where the dollars and cents get counted…
A small example:
Let’s say you’re spending $10,000 per month on your online marketing campaign and this is generating 1000 leads per month. This means you’re paying $10/lead. Now, if you’re not emailing them, you might be converting your leads at 2%. So, for those 1000 leads you’re generating, you’re doing 20 deals. Your customer acquisition cost is $500.
Now, you implement an email marketing campaign. Say each month your list grows by 1000 email addresses. Remember, it costs very little to email each person. So, the incremental cost of adding each email address may as well be ignored for the math in this example. So, you’re collecting these email addresses and you send them a message on a regular basis. Over time, you see your conversion rate go up to 3%. Now, your cost per lead has stayed the same and you’re only paying a $333 customer acquisition cost and you’re doing 30 deals per month instead of only 20.
In this example, you can see that your marketing expenses don’t change all that much, but you do 50% more deals! And these numbers are realistic. These kinds of results don’t happen overnight, but they do happen. Your list is gold. You’re investing in SEO in order to get leads, but that’s not the end of the end goal, of course.
When you’re making your strategic SEO plan, think about how you’re going to maximize the conversion of those loads into sales. When you do, remember that email marketing is an important link in that chain.
Thanks for reading.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_c.png?x-id=e5282e73-0ee5-44d9-b476-35023e7d791f)