Tuesday, April 6, 2010

A Wolf in Consultant's Clothing -- 7 Myths of Apartment Blogs

The "every apartment community has to have a blog" hysteria rages on. As more apartment blogs launch, twice their number lay barren, the echoes of their month's old posts ringing on deaf eyes. Unfortunately our industry is being overrun by "social media consultants" who insist you must have a blog to gain a leg up in the market, and claim you must blog to open communication with residents and prospective renters.

Before you buy in, consider the contrarian perspective.

Myth #1 Residents want to read my blog.
No they don't. Residents want you to make it easy to pay rent and give them good and quick customer service when their thermostat stops working. Sure you may get a single digit percent of your resident pool who agree to subscribe after you bludgeon them with requests, but TMZ.com and dooce.com are way more fun.

Myth #2 I have to have a blog to rank high in search engines.
Any SEO or web marketing professional worth three clicks can increase your rankings on search engines with a smart web site and a strategically crafted pay-per-click campaign. With few exceptions, this is a crock. We have sites on the first page of Google in many markets, and it's because we put the right text in the right place on the site, not because blog postings with the winner of this month's cutest pet contest.

Myth #3 I can just have my leasing team update my blog.
Quality blogging is an art and science; the art in the selecting topics and crafting engaging posts, the science in the ability to actually write and the time management skills to keep up with a blog. Unless you're willing to provide support via training, and willing to shift other responsibilities to make room for blogging, this is a recipe for disaster that will surly result in an amateur finished product.

Myth #4 If I build it, they will come.
There are many tens of thousands of personal blogs and company blogs and industry blogs and mommy blogs out there, each with a proud and committed writer who have posted every single day for months on end. And only a small percentage of blogs get the kind of traffic needed to create a marketing platform. Increasing your readership takes a long time and many hours of effort. And most of all, it requires fresh and relevant content. (see Myth #6)

Myth #5 A blog will pay itself off with new leads and eventually new leases.
Other than very rare examples where a blog can be seamlessly integrated into a community web site, this is a complete fallacy. When a blog-proponent claims this to be the case, raise your right eyebrow and say, "prove it."

Myth #6 There are plenty of sources of fee content to add to my blog.
To be authentic, your blog content must be original, and come from sources connected to your community or your property management company. Just borrowing generic content about the importance of recycling and recycled news is just aggregated data, a trend that died in the late 1990s.

Myth #7 There is plenty of data that shows an ROI on multifamily blogging.
Other than business to business (vendors interacting with PM companies and each other), there is no empirical data about any sort of scalable ROI on apartment blogs. There are certainly some successes out there in specific demographics, but trends are measured by trend patterns over large areas, not by one offs.


And for those communities out there with talented, dedicated, on site bloggers who are afforded the time it takes to launch a truly successful online presence, and have the organizational support to make it work, good luck. You're doing it the right, and only way.

Now go fire your social media consultant.

6 comments:

  1. And, might I add to your very succinct post, nothing will destroy your credibility faster than a poorly written and/or grammatically incorrect piece.

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  2. Holy Cow Lori, Have you gone mad here? (only kidding)

    As you may expect, I respectfully disagree with most of your points above, although that may be your reality.

    NCI, (client) likely manages more blogs than anyone in the country, over (900) in multiple business verticals and certainly more apartment blogs than anyone, and our data tells a much different story. We have reams of analytical information and reports on what works and what doesn't, which has proven very helpful in scaling Social Media for our NCI clients.

    And while sharing some those statics may not be appropriate, as it involves specific client information, I can speak with First Hand Knowledge of what we have done with our Community Blog, and a most recent success with another client, Paragon Properties, as well as what Mark Juleen has done with their blogs at JC Hart Communities.

    While I do not think a blog will "save the day", our community blog is by far and away the most successful and leveraged piece of our Social Media Marketing Arsenal. The wonderful thing about all of this is, it IS measurable. And, If your Social Media Marketing isn't producing more rentals, It is just a hobby.

    Our Digital Assets at Urbane average 14,000-15,000 visitors a month. Significantly expanding our Digital Footprint, support why our communities are 98% occupied, with some of the highest rents in SE MI, (Yes, MI has the highest unemployment in the nation as well, but who is tracking that)

    If businesses, including apartment communities are not expanding their Digital Footprint, they will be left behind. The Directional Flow of Marketing Has Changed, and the sooner folks become aware of the shift, and embrace it, they will see tangible results.

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  3. You make some good points. I'm not sure if I would define everything as a "Myth", but you make some excellent points about the challenges of building a better online brand with new media. Here's my feedback on each point.

    #1 You're right, they don't, but if you have some good content it can add to differentiating your brand beyond bullet points and price when prospects come looking.
    #2 Yep, good SEO strategy isn't all about a blog. There is much more to it, but a blog is huge. Google likes fresh content and a blog gives you that. So a blog is a component that should not be ignored.
    #3 It's all in the strategy. Your team needs a playbook to go off of and they need to be given help and direction ongoing. But if your team can't blog then it's time to find a better team.
    #4 This is the best point and probably the closest to being a "myth". It needs to be supported through other platforms on and offline and have good content.
    #5 A blog by itself doesn't make sense. It needs to be integrated into your online marketing strategy to see a benefit for leasing.
    #6 I agree 100% with this. It needs to be authentic. Fee content is a fad that will die. There needs to be a human/face behind the content you create for people to want to relate to it.
    #7 It's too soon to show real ROI, but that doesn't mean it's not the right thing to do. We all use email and cell phones today even after many said they were ridiculous concepts that won't show a return.

    In general, you make some good points. People really need to plan out a strategy. This isn't like just stroking a check to another ILS for more exposure. It's about changing what your business and marketing is about. If you're not ready for that, then don't worry about it and believe these myths.

    Thanks for a great post Lori!

    Mark Juleen
    V.P. of Marketing
    J.C. Hart Company

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  4. Gentlemen,
    I must confess, I did not pen this blog, rather, the other blogger on Rentplicity, Brent Steiner did. However, I do concur. Here's why -

    I have the opportunity to experience on a regular basis, man on the street observations from the industry. In most cases, this undertaking is going to be left up to the on site people to implement and maintain, and, as regular bloggers, you know that being relevant and timely, yet simplistic, is not always easy to accomplish, with or without support. Believe it or not, many people in this world don't have the first idea what a blog is, and there are even more that shouldn't write. The other day, I had an individual in one of my sessions ask for more information. I offered an RSS feed to this blog, and very much appreciated her candor when she said, "I don't even know what a blog is or how I would sign up for one."

    It is my feeling that if not managed tightly, dated, irrelevant information can cause more harm than good to the brand as a whole. You both are visionaries,actively involved in your company's blogging strategy, that understand the bigger picture and how not managing a blog effectively can damage your brand. Unfortunately, at this time, you are the exception, not the norm. Until companies understand the importance of a bigger strategy, or commit to intensive training, I don't see it changing much.
    Thanks for the comments -

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  5. Brent, I certainly agree that a blog isn't the most effective tool for every property, and it's probably way down the list if your metric for success is short-term leads and leases.

    That said, I think it's clear that many residents are looking for relevant information about venues and happenings around town. (Just look at the emphasis that brands like Google, ESPN and now Trulia are placing on local content.) As people who know these neighborhoods where we work, this is an opportunity that shouldn't be overlooked. Whether that information is disseminated through a blog, a newsletter or hand-written notes isn't up to you ... it should be determine by how your audience wants to consume information.

    The most important point you raise is that of who will author and maintain these sites. I'm not entirely sold on outsourced content (although Eric seems to indicate that it's working well for his company's clients), and I know that many apartment operators aren't set up to effectively manage regular, high-quality publishing as a business function. (Lori's original point is dead on.)

    Bottom line as a marketer: I'm looking for ways to drive traffic to my website, then I want to qualify and convert as much of that traffic as possible once they get there. There are lots of ways to achieve this -- blogging is a tactic that may or may not fit into that strategy, but I wouldn't suggest that it should be written off entirely. So sure, go ahead and fire the consultant who can't translate blogging into real results for your business ... but just as fast, you should fire the 'traditional' marketing consultant who isn't at least educating you about new opportunities to reach your customers and other key audiences.

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  6. Thanks everyone. Seems like the three of you must have "social" "media" "apartments" on Google Alerts. General reminder, my post was in context of apartment community blogs only, not of blogs in general, blogs as part of the marketing mix, nor blogs as a content tool.

    @Eric
    It seems by your comments that you're not disagreeing with my post per se, but rather pointing out positive and relevant examples of blogs in apartments. The examples you state (Urbane in particular) are the rare example of blogging working. I'll credit you for the Urbane blog presence because you're mixing the right ingredients into the batter, namely a commitment to localized, relevant content, and as I've said before, the secret sauce ... Eric Brown. Without you it suffers. Not sure what to say about the Directional Flow of Marketing comment. Hmmm.

    If aggregating recycled news content is your idea of a successful blog (as is the Paragon experiment), then perhaps we part ways with what a blog is. I recall AOL having a similar localized strategy from 199x - 2010. Different discussion, perhaps over a beer.

    @Mark
    Thanks for your insight. To clarify quickly, I deliberately used the word "myth" not to necessarily agree or disagree with the points, but to label these common perceptions in our industry. As to your "But if your team can't blog then it's time to find a better team." rebuttal, I think that's naive and egregiously unrealistic. When I advise corporate bloggers, the bar is always placed pretty high.

    @Mike
    Local content is obviously critical for any consumer, but let's be real. Developing an apartment blog that tries to compete with Google, Metro Mix, and the dozens of other launch points is a futile goal. Maybe to link TO local resources, but not to try and replace them.

    thanks guys

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