Real Estate SEO

Posts Tagged ‘SEO’

We’ve all known about Google Trends for a while. I’ve had a thought about using Google Trends to normalize our search engine optimization campaign reports. Let me explain.

If your campaign is producing 1000 visitors per month in month 1, then 1100 in month 2, then 1200, that’s great. Let’s say that the trend in month 4, 5, 6 then goes 1200, 1150, 1100. Well, that’s not so good, it was going up ~10% per month, now it’s falling about 5% each month. Well, if the site is optimized around a set of target search terms, and then other traffic comes from halo terms, then to assume that the SEO is providing more or less traffic is also to assume that search volume for this family of terms is constant.

If we used Google Trends to normalize, we might find that the number of times a term was searched on fell 15% during those down months. So, the 10%/month upward trend was actually sustained.

Another way to look at this is to simply ask, what percentage of potential clicks did you get? If this percentage is trending up, then you’re in good shape. This means you’re taking more market share.

Another way to think of this is the following: Let’s say that you’re doing search engine optimization for a site that sells air conditioners. Let’s further assume that you start the SEO campaign on January 1st. Well, no one is really looking for AC units in January. Then, in April, you start to see an upward traffic trend, it goes higher and higher and peaks in August. Then, by mid September, you’re not seeing any traffic from the search engines. You start Googling around and see your site, but no visitors.

Well, it doesn’t take a rocket scientist to figure out that people just aren’t buying air conditioners in October. So, you’d pretty much expect to see less traffic. In this case, the best way to judge if the SEO campaign is succeeding is to either look a target terms and catalog placement in search engine results pages, or to normalize your numbers. Take a benchmark at the beginning of the campaign, say a ratio of traffic to searches, then, each month you’d want that ratio to climb. This way, you’ll know if your SEO is working, regardless of market trends.

SEO is about more than just a few marquis terms.

Month-over-month, a client of ours just saw a 22% increase in traffic to their site from search engines. Looking at their list of target terms, there wasn’t all that much improvement in placement. Of course, this is to be expected, SEO isn’t a game of ranking for just a handful of terms.

A popular business book came out a couple of years ago. It’s called the long tail. It’s principles apply to SEO in great ways. First let me give you some basics:

The concept of the long tail is pretty mind-blowing. We now live in a world of options. Volume is often the name of the game. We no longer live our lives in a 25 mile radius. We have access to so much.

For example, google returns millions of records for most of your searches. Content on blogs is being created every second. itunes offers millions of songs, just imagine trying to fit all of those on the racks of a music store. Just a few decades ago, you could only get 6 or 10 TV channels. Now, you can subscribe to hundreds!

Long Tail of SEO

The Long Tail principle tells us that many actions follow a graph like the one to the right. The numbers start high, but degrade rapidly at first, then much more slowly. Total user volume is calculated by taking the integral of the curve. sorry if I just scared you back to high school calculus.

Let me bring this back home. 75% of those millions of titles on itunes sell at least once a month. The top 20 or 50 get a lot of press, but Apple makes the vast majority of it’s revenue from the millions of other songs in its catalog.

SEO works the same way. If you think SEO is about ranking for a few terms, you’re dead wrong. If you think that users only type in a few terms to search for the property that you sell or rent, that’s false too.

Searchers type in all sorts of strings. For example, if you think they’re going to google for “Newport Real Estate” and only for that term, then you’ll miss out on everyone who searches for terms like “Newport real estate for sale,” “Newport vacation homes” and “newport houses.” Not to mention the folks who might be very specific and google for “newport real estate open houses” or “newport 2 bedroom house.”

The point is that you may think that there are 20 or 40 terms that will bring you traffic, when the reality is that strong traffic comes from leveraging hundred and thousands of terms. Lots of those terms may only bring you 1 or 2 visitors per year, but when you add them all up, you’ll see real, lasting traffic.

The book: The Long Tail: Why the Future of Business is Selling Less of More

We received an inquiry through one of our websites last week. It read:

I want a site that generates buyers that want to communicate through email. I also want automatic email first contact.

We do receive inquiries like this all the time. I want to highlight a misconception that is evident in what the lead wrote to us.

Lots of new clients come to us thinking that a new site is going to be the answer to their prayers. A site that will generate leads. Now, websites do generate leads, but not on their own. If no one visits the site, then you’re never going to see any leads.

You can’t just build a new website and expect leads to just show up on your doorstep. You need to make sure that the site is part of an online marketing campaign. Thousands of realtors think that they need to have a site in order to do business these days. They spend little money on the site and they see almost no results.

You need to invest in marketing! Marketing should actually be the larger cost. i.e. your website should cost LESS than your marketing campaign!

Of course, we advocate investing in real estate SEO for the best long term bang for your buck. Building the right site will make your SEO dollars go farther.

As a final point, and one that we’ve made before, if you invest in SEO and your site isn’t built to convert users into leads, then your investment in SEO will really be a waste.

So, it’s crucial that you making both investments. Spend the money on a good real estate website design with great features and functionality and on a well implemented real estate seo campaign and the results will be extremely profitable returns.

I’m on a number of email lists. I get lots of newsletters. And I’m a member of a number of Google and Yahoo groups. Most of the time, I just skim. Every once in  a while, there’s a question posted to which I have an answer.

Yesterday, someone posted the question, “How much should I budget for SEO?” Here was my response:

That’s a very open ended question.

To bring this down to earth, you should look at SEO, or really your entire online marketing budget, as a percentage of your overall marketing spend.

For example:

For clients who have been using traditional media for some time, and are about to make their first investment into online marketing (including SEO), we recommend aiming to devote at least 25% of your marketing spend to online marketing. After some time, you’re likely to increase that percentage when SEO and online marketing prove to be the more efficient spend. So, if you’re grossing $2MM/year, for example, and your marketing budget is 10% of your revenue, then you should look to spend roughly $50k on online marketing. If that spend is all devoted to SEO, that’s about $4k/month, which is a realistic number.

If your business is all online, you’re probably going to want to allocate a larger percentage of your marketing budget to the web. Suffices to say, it’s important to start with your budget and not with a “what it is going to cost?”

I’m quite sure that whomever posted that question isn’t the only person pondering the same.  If you have other questions, send them to us and we’ll post answers. Thanks.

Just a quick post to let you all know that we’re looking to find an online marketing associate to join our team here at Boston Logic.

http://www.bostonlogic.com/jobs.php

If you are an SEO superstar who is familiar with the real estate vertical, we’re really looking forward to hearing from you! Tell your friends!