People around the world are becoming more aware that their data is being leveraged, and not everyone is comfortable with that. Although data aggregation has been part of the internet experience since the genesis of Web 2.0, it hasn’t always been clear to users what info is being gathered and why. As more users have become aware of the prevalence of data aggregation, some have pushed for increased oversight governing how a person’s data can be used. As we anticipate the possibility of federal legislation to address these concerns as well as the likelihood of further platform changes like the various ad targeting changes implemented by Facebook and Google in 2019-2021, we can expect those changes to impact apartment marketing in 2021 and beyond.
Any website that offers a personalized experience leverages your data in some way, whether that data is your current browsing behavior, demographic information, or credit history. When sites gather your data through cookies or 3rd party data exchanges, the ultimate goal is typically to gain a holistic representation of who you are so that the site can improve the user experience, show you content you’re more likely to engage with, and ultimately profit off your attention in some way (consider, for example, retargeting ads for items you recently viewed on an ecommerce website).
Let’s pause to briefly lay out some definitions: Cookies are small files saved to your computer that record what websites you’ve been on, what you’ve clicked or viewed, and sometimes what passwords you’ve saved. Cookies allow a website to see where else you visited before you arrived at your current digital destination. Third party data exchanges are when one platform obtains your data from another platform in order to combine multiple sets of data to get a fuller picture of who you are and how you behave online. For example, Equifax might sell your data to Google so that Google knows how much money you make in addition to the information they already have about your search history.
How Rising Concerns Around Data Misuse Have Changed the Advertising Landscape
Although data aggregation is often relatively innocuous, there are ways in which it’s vulnerable to misuse. The Cambridge Analytica scandal, in which Cambridge Analytica purchased the data of millions of Facebook users without the users’ consent and used it to inform political campaigns, was for many the catalyzing event that set off a surge of concerns over data aggregation. “Who has my data, how much do they have, and why?” Many users wondered. “Who is protecting my data from misuse? And who is held responsible when misuse occurs?”
In the wake of this expanding concern, legislators have been pressed to address this situation with clear legislation restricting how data aggregation tactics like cookies and 3rd party data exchanges can be used. The CCPA (California Consumer Privacy Act) was the first example of a state legislating around data use. If you’re constantly being prompted to accept the use of cookies by sites you visit, that’s because of the CCPA, which has spotlighted cookie tracking in particular. Not only does the CCPA affect specifically Californian websites, it also has the potential to affect any website getting traffic from users in California, so more and more websites have rushed to cover their bases by adding these opt-in prompts.
The CCPA isn’t the only legal follow-up to the rise in data privacy concerns. Facebook also came under fire in 2019 because it allowed advertisers to use Facebook’s data aggregation to target ads in ways that violated the Fair Housing Act, leading the platform to establish restrictions on ad targeting capabilities specifically for housing, loan, and finance ads. Google soon followed suit, introducing new housing, loan, and finance categories in Google Ads and restricting the targeting capabilities of those ads.
The GDPR (General Data Protection Regulation) was also implemented by the EU in May 2018 with the aim of giving individuals more control over their personal data. It applies to any enterprise that is processing the data of a person inside the EU.
Apple was the next major platform to launch changes to its data use policy, implementing new requirements for apps in the App Store on devices running iOS 14. Apps that engage in data tracking through tools like the Facebook pixel or cookies must now prompt users to opt in to this data tracking. Only after a user has opted in may that app collect their data.
Additionally, Google announced in March 2021 that it would be phasing out 3rd party data tracking entirely for users browsing the internet on Chrome. Their new strategy is called FLoC (Federated Learning of Cohorts), which adds users to various audience “cohorts” based on their browsing behaviors. Advertisers can then target their ads to cohorts, but cannot further refine their targeting on a user-by-user basis. We expect Google’s strategy to direct the rest of the industry, as many platforms will be taking their cues from this media giant. We can likely expect additional platforms to implement similar changes.
How Data Regulation Will Affect Apartment Marketing
Since the housing industry has already been the focus of certain early data use regulations, prompting the changes made by Facebook and Google in 2019 and 2020, apartment marketers are ahead of the curve somewhat when it comes to data regulation changes. However, more changes are likely coming, and it’s not entirely clear what they might be. Right now, it’s a waiting game to see how data regulations will be legislated and what further changes individual platforms like Facebook and Google may implement either in response to or independently of new regulations. It’s worth noting, however, that congressional committees have held hearings on data privacy, so a federal regulation of some kind is likely, we just don’t know what the specifics will be.
We also don’t yet know how 3rd party data or cookie tracking limitations will be reflected in advertising platforms if regulations are created to restrict them. It’s unknown whether these platforms will update their internal algorithms for ad targeting to reflect or counteract the new data restrictions, and if so, how they would do it. While Google and Facebook have already updated their policies around 3rd party data tracking, a federal regulation could require further updates from these platforms.
Still, there are preparations that can be made in anticipation of these potential outcomes. Many vendors are now planning ahead for the potential that cookie use will become restricted. Since cookies track your browsing behaviors across multiple websites, eliminating this element means the focus has to be on 1st party behavioral cues—what you’re doing right now on their website, including in-site searches. Vendors are also looking to rely more on 1st party data and less on 3rd party data.
Cookie removal would affect the platforms where many real estate marketing agencies conduct their advertising. Long-tail tracking will be more challenging, as will multi-session lead attribution. Single-session lead attribution, however, could still be tracked effectively.
Retargeting campaigns relying on 3rd party data tracking (e.g. targeting users who visited a property website) may become a thing of the past, depending on how data use is regulated in the future. Paid Search campaigns, however, will likely be unaffected, since they rely on current, 1st-party user search behavior, not on behaviors that have been tracked using a cookie.
Real estate marketers using advanced chatbots that use cookies to predict user needs (like what floor plans someone might be interested in, for example) should be aware that upcoming regulations may necessitate a downgrade to a less sophisticated chatbot. More immediately, you should ensure that your website prompts a user to accept the use of cookies, if you haven’t done so already. Otherwise you risk being sued by the state of California.
Rest assured that once we know more, we’ll cover it on ThreshNews. Check back for the latest in data regulation and how it’s impacting apartment marketing in 2021 and beyond.
For real estate developers, leasing and property management teams, apartment marketing agencies, and in-house real estate marketers alike, fair housing requirements have been an evolving consideration when it comes to how we do our jobs. With guidelines still emerging and clarifying, especially for the digital space, this topic can sometimes feel like a moving target. Regardless, it’s essential to put in the time and attention required to understand how legislation like the Fair Housing Act (FHA) works to reduce housing inequality across factors like race, disability, and national origin.
Our goal with this article is not to replace your legal counsel, but to provide our learnings and recommendations for FHA-compliant apartment marketing that supports a more equitable housing market. Our goal is to empower you with a better understanding of how you can not only act within the guidelines of FHA law, but more importantly, how you can avoid inequitable impact toward disadvantaged groups when you market your housing to your audience. After all, inequitable impact can occur more easily than you might think, and much of it is done unintentionally. But take heart, real estate marketers; a little extra effort and consideration can go a very long way.
So let’s start by introducing the Fair Housing Act, then we’ll discuss our recommendations and action items for marketers like you.
What is the Fair Housing Act?
The Fair Housing Act prohibits the making, printing, and publishing of advertisements that indicate a preference, limitation, or discrimination because of race, color, religion, sex, disability, familial status, or national origin.
It’s designed to not only outlaw explicit housing discrimination against these protected classes of people, but also to reduce housing inequality that may be caused in unintentional or subtle ways.
Housing Inequality refers to a disparity in housing availability and quality across variables like race, class, disability, and more. Housing inequality is typically a result of systemic factors both past and present, from Red-lining to wage inequality.
Housing inequality may include…
less housing available to certain groups
less affordable housing available than demand requires
less access to local resources (e.g. schools, parks, transportation, social services) for certain groups due to where they predominantly live
and more.
History of the Fair Housing Act
The FHA is considered amongst the last major acts of the ‘60s Civil Rights Movement. It was called for by civil rights activists of the 60’s including Martin Luther King, Jr., who demanded an end to redlining and other discriminatory housing practices that were preventing many Black and Latinx people from renting in certain neighborhoods. The act had been introduced to Congress when MLK was assassinated on April 4th, 1968, increasing pressure on Congress to pass the bill. It was then passed prior to MLK’s funeral.
But the FHA didn’t end housing inequality. While it has positively impacted many Black and brown renters and homeowners, a variety of systemic factors still result in housing inequality today. For example, the FHA did little to disrupt a trend of “white flight” between 1950 to 1980, when the Black population in America’s urban centers increased from 6.1M to 15.3M. During this time, whites moved out to the suburbs, taking many of the employment opportunities Black people needed into communities where they were not welcome.
Since its initial passing, a number of amendments and provisions have expanded the language of the FHA. Notably, in 1988, Congress passed the Fair Housing Amendments Act, expanding the classes protected by the act to include disability and familial status (e.g. people currently pregnant or with children).
During the Obama administration, the AFFH (Affordably Furthering Fair Housing) provision of the FHA was introduced, which expanded both accountability and resources given to cities and regional governments receiving HUD (Dept. of Housing & Urban Development) funding. These rules and resources were designed to Affirmatively Further Fair Housing by incentivizing fair housing efforts at the governmental level. However, in 2020, the Trump administration amended this provision, rolling back most of the accountability and resources provided by the provision. This change makes it less likely for fair and affordable housing to be built, but it doesn’t ultimately impact a marketer’s responsibilities to either the FHA law or to ethical ideals.
Protected Classes Under the Fair Housing Act
Race, color, religion, sex, disability, familial status, and national origin are all protected classes under the FHA.
Many state and local laws have more expansive fair housing protections that prohibit housing discrimination based on additional protected classes, such as sexual orientation, marital status, source of income, and use of Housing Choice Vouchers.
In some cases, political affiliation may also be a protected class according to a webinar by the National Fair Housing Alliance.
Below are a few examples of who and what these protected classes cover and don’t cover.
What Counts As “Advertising” Under the Fair Housing Act
It’s important to realize that under the FHA, the definition of advertising is actually very broad. It includes…
print and online advertisements
print materials such as brochures or applications
television and radio ads
and even speech.
In other words, the FHA can cover messaging from a brand or people associated with the brand even across media that may not strictly be advertisements as typically defined. For example, expressing an illegal preference or limitation to one of your fellow agents, brokers, employees, prospective sellers, renters, or to any other person in connection with the sale or rental of your property is illegal under the FHA. Here are two examples of illegal advertising that you may not have realized were violations of the Fair Housing Act (examples provided by the Fair Housing Institute).
A maintenance man tells a passer-by that “only real Americans” live in the apartment complex where he works.
A rental office is decorated with many large pictures of the residents participating in the community’s facilities and amenities such as exercising in the weight room, swimming, and playing volleyball and tennis. However, all of the pictures are of white, young, “yuppies;” none of the pictures shows children, or persons of differing races or nationalities.
Best Practices for Fair Housing Compliant Marketing
FHA-Compliant Copywriting
When it comes to writing fair housing compliant copy for your apartment marketing materials, it’s important first and foremost to use inclusive language as often as possible. This includes the following:
Use gender-neutral terms and pronouns as often as possible. (e.g. “partner” or “spouse” instead of “husband” or “wife;” “child” or “student” instead of “son or daughter;” “they/them” instead of “he or she/him or her;” etc.)
Avoid mentioning specific religious holidays or practices
Avoid mentioning specific national or regional origins
It’s also wise to eliminate the use of buzzwords like “Restricted,” “Exclusive,” or “Limited,” as these have been associated with discriminatory practices in the past. If tempted to use these sorts of buzzwords, consider similar words instead like “Luxurious,” “Deluxe,” “Quality,” or “Sophisticated.”
It’s also important to avoid the temptation to speak about who you see as the ideal resident of your community. For example, if you have a community with a playground, you might be tempted to say that your apartments are “perfect for families,” but this expresses an illegal discrimination or preference for one of the protected classes under the FHA. Instead of indicating who you think should live at your community, focus on the amenities, features, and local attractions your property offers. Always offer truthful information about the availability, price, amenities, and features of a housing unit and leave it up to your prospects to determine whether the community is right for them.
In addition, when writing copy for websites, social media posts, articles, and the like, consider how legible the copy will be to a person reading your content via a screen reader program rather than by sight alone. Use capitalization and punctuation in ways that make it easier for these screen reader programs to parse copy (e.g. capitalize each word in a hashtag as in #ScreenReader).
FHA-Compliant Design
When it comes to design, representing diversity should be a top priority whether you’re launching new ads or designing a website. Use photos of diverse groups of people from all protected classes whenever possible. If you have to depict just one or two people in a given image, consider depicting a person or people from another protected class in the next image. In general, your goal is to provide an overall impression of diversity for a user that encounters your brand assets. Don’t forget that diversity doesn’t just include racial diversity, it also includes things like gender, disability, and religious diversity.
It’s also wise to incorporate the Equal Housing Opportunity logo in your ads and on your website. While the Fair Housing Act itself does not require the use of Equal Opportunity logo in any ad, using the logo does show your company’s commitment to fair housing compliance.
Similarly, we recommend incorporating the Americans with Disabilities Act Icon wherever relevant, such as on a floor plans or community amenities page. Several federal laws require that private and federally-assisted housing be accessible to persons with disabilities. While this icon is not required on marketing materials, it acts as further evidence of your company’s commitment to fair housing compliance and encourages people with disabilities to apply to live at your community if they see the icon on your website or other assets.
While the Americans With Disabilities Act prohibits discrimination on the basis of disability, it doesn’t provide much in the way of accessibility guidelines to determine how accessible a website is to people with various disabilities. To put it generally, everyone, including persons with disabilities, should be able to enjoy the “full and equal” use of your website; they should be able to access content, navigate your website smoothly, engage with different elements, etc.
When it comes to more concrete guidelines, U.S. courts and the Department of Justice have continually referenced the Web Content Accessibility Guidelines (WCAG) 2.0 Level AA success criteria as the standard to gauge whether websites are accessible. The WCAG 2.0 AA success criteria are comprised of 38 requirements and you can learn more at W3’s Web Content Accessibility Guidelines (WCAG) Overview. Although there is a lot here to sift through, WCAG 3.0 is scheduled for release in 2021 and is intended to be a much more inclusive set of guidelines that are easier to understand and implement.
Using an accessibility widget is a great way to cover many of the WCAG guidelines for your website. An accessibility widget is a plugin that helps users with disabilities access the site and may allow users to adjust factors like contrast and font size, use keyboard navigation or page readers, and stop animations on the site. No plugin guarantees 100% coverage of the WCAG guidelines, but nevertheless, they are a great addition to your website.
FHA’s Impact on Digital Advertising for Apartments
Thanks to guidance from the Fair Housing Act and similar legislation, the housing industry has emerged as one of the first to receive official legal guidelines for digital advertising tactics. While traditional marketing has operated under clearer legislation, the digital space has long been a legal frontier as legislators, courts, and thought leaders work to catch up.
In 2019, platforms like Facebook and Google, who represent the lion’s share of digital advertising space, began making changes to their advertising options. To summarize, the platforms have now eliminated or adjusted a number of targeting options for ads falling into the categories of housing and finance in order to bring their platforms into better accordance with FHA and similar legislation. These changes—such as the removal of zip code targeting, age targeting, and targeting based on certain interests—reduce the possibility of inequitable impact across the protected classes under the FHA. You can learn more about Facebook’s targeting changes and Google’s targeting changes in our other posts, linked here.
What We Expect To See Next For Digital Marketing
These targeting changes on Facebook and Google are likely to act as forward momentum for similar such changes in the future. We expect cookie privacy and other privacy concerns to be a large part of the discussion in the coming years. We also expect other platforms beyond Facebook and Google to begin seeing regulation (if they don’t initiate changes proactively themselves).
Believe it or not, email is still one of the most effective ways to nurture leads. Though the digital landscape has evolved dramatically, folks across all age groups still use email every single day—for many, it’s the first thing they do after waking up.
Not only is email marketing a reliable way to reach your audience, it’s also a powerful strategy for relationship building with prospects and current residents alike. It particularly excels as a retargeting strategy, keeping your property top-of-mind at various stages of a prospect’s housing search or reminding a current resident of all the reasons to renew. But the best part of all is that it’s one of the most cost-effective strategies you can incorporate into your real estate marketing plan. That’s why the right email marketing strategy can make a major impact on your real estate marketing goals. Let’s talk about some of the top strategies you can employ to get better email marketing results.
Always Begin With “WIIFM”
In other words, “What’s in it for me?” Especially in our busy day-to-day lives, people need to feel confident that your email has something to offer them. If it’s a waste of their time and attention, it could do more harm than good as they form their impression of your brand. So avoid waxing poetical about your brand or providing unnecessary information. All the info you include, every link to another page, and every element of the design should provide some clear value to the user on the other end. Remember, it’s not about you, the brand, it’s about the bridge you create between your brand and the user.
Personalize Emails Whenever Possible
People appreciate a personal touch, especially when they get so many emails every day that are sent to a mass audience. Where you choose to live is one of the most personal decisions you can make, so prospects and residents shouldn’t feel like they’re just a faceless number in your leasing pipeline. When you can, personalize emails with a salutation using their first name or, if applicable, a reference to content from their previous email. Touches like these show your audience that they’re seen as individuals, even in cases where you don’t know anything about them yet.
Send Regularly, But Not Too Often
Whether you’re following up with prospects or communicating with current tenants, you need to show you care without becoming a nuisance. Bear in mind that most people get many emails every day and are likely to ignore, archive, or delete emails that arrive so often they become spammy. Sending an email once a week is typically the maximum you should aim for, while once per month is about the minimum.
There are exceptions, of course. When communicating about a time-sensitive issue like community-wide repairs and renovations or following up on a prospect’s email, don’t worry about the frequency of your sends. These should be considered ad hoc emails rather than a part of your regular email marketing cadence.
When it comes to your marketing-focused emails, planning ahead will help you ensure you’re getting the message out without sending emails so often that it becomes spammy. It will also help you plan ahead to for marketing campaigns appropriate to your seasonality. For example, you might plan a renewal campaign in the months leading up to what’s traditionally your slow season, or you might plan an email advertising holiday deals for new leases to go out in mid December.
Improve Open Rates with Better Subject Lines
Even a stellar email design can be useless if the email is never opened. The most influential factor determining whether a user opens your email is the subject line. In order to encourage email opens, it’s essential that you provide compelling info toward the beginning so that the important stuff isn’t cut off based on the size of your user’s screen and inbox layout. Other tried-and-true strategies include using a number (Save $500 By Referring a Friend), including an emoji (Immediate move-ins available on 1-bedrooms😲), including a first name (Hi, Chad, thanks for reaching out!) or posing a question (Have you seen our pet-friendly amenities?).
Improve Click-Through-Rates By Leaving Room for Curiosity
When your goal is to get users to visit a web page, it’s best to leave them guessing. Provide just enough information to entice them without providing the whole story. This way you’ll have convinced them there’s something they want on the other side, but they have to click through to get it.
For example, say you’re running a special on certain floor plans and you want to direct users to your floor plan page where they can see specials, explore floor plans, and hopefully begin an application. You might leave room for curiosity by saying something like, “Get 4 weeks FREE on select 1-Bedrooms! This and other great incentives are available for a limited time. Visit our website to learn more and see if you can snag the perfect deal for you.”
Improve Click-Through-Rates With a Clear CTA
Since the point of email marketing is typically to drive your audience toward specific actions (visiting a webpage, starting the renewal process, completing an application, scheduling a tour, etc.), it’s important to make that desired action clear. The clearest way to signal this information to your audience is through the use of Call-To-Action (CTA) buttons that stand out from the rest of the email.
Keep the copy on your CTA buttons short and to-the-point; it should be clear, when clicking, what the outcome will be (no one appreciates a bait-and-switch). For example, “Apply Now” should take users to a page where they can start an application. “See Floor Plans” should take users to your floor plans page. A “Learn More” button beneath a headline about specials should take a user to a page that contains more information about your specials. It’s pretty straightforward; just bear in mind that the goal is to match up a user’s motivation when clicking to the outcome they actually get on the other side. Otherwise, they’re likely to bounce without ever completing the desired action. And that experience may even sour them to your brand moving forward.
Make Copy Easier to Skim
Even when you have a lot to say, keeping things brief is the best way to ensure your audience actually digests the information you provide. So keep things short, whether it’s your subject line, headers, paragraphs, or CTA copy. The easier an email is to scan, the more likely your audience is to interact with that email and ultimately take the desired action instead of becoming bored or frustrated and moving on with their busy day. Other elements that can make copy more scannable is the selective use of font weight, color, and size to emphasize which parts are most important. We’ve done that in this blog post, for example.
Use Simple, Branded Email Designs
An email doesn’t have to be stunningly designed to be effective, but it should follow the basic principles of UX. That means a design that provides a clear hierarchy of information, appears legibly on all devices (more on that below), and uses a color palette that’s easy on the eyes. Your emails should also consistently use elements of your branding, including your logo, brand colors, and brand voice so that users know exactly what sort of email they’re looking at as soon as they open it, and any users who receive multiple emails from you begin constructing a consistent impression of your brand, building familiarity and hopefully even loyalty.
Since creating excellent email designs can be time-consuming, creating a number of templates can be especially useful. This way you empower your team to do more with email marketing without an exorbitant amount of work needed to make it happen day-to-day.
Use Mobile-Friendly Designs
Bear in mind that, these days, most users will be checking their email on their phone. That’s especially true during the morning and evening hours. So designing an email that looks great on desktop but terrible on a mobile device will likely result in poor click-through-rates and conversions. That’s why we recommend designing emails for mobile first instead of designing for desktop, then trying to translate that design into a mobile version.
Consider Time-of-Send
The day of the week and time of day can have a significant impact on open rates and CTR. Understand your target audience’s typical day-to-day, then schedule your email sends to go out when folks are most likely to open and click through.
There are a number of philosophies regarding the best time to send out an email. Some like to reach audiences right when they’re waking up in the morning so that their email is at the top of their inbox when they start checking emails. Others find that sending over the lunch hour or as work is wrapping up for the day to be the best time to command the attention of otherwise busy prospects. And different audiences will have different daily routines; for example, consider the different lifestyles of student versus multifamily versus senior housing residents.
The best way to select your time of send is to test the waters. A/B testing is a particularly powerful option to determine what the best time of send may be for your overall audience. Over time, you can learn what times of day result in the most opens and clicks among your audience and then send at those times moving forward.
Build Email Lists With Lead Gen Campaigns and Contact Us Forms
Collecting the email addresses of current residents is easy enough, but building an email list of prospects is harder. While it may be tempting to buy a contact list to expand your email marketing reach, this is a particularly poor strategy for apartment marketers because it mostly results in a list full of unqualified prospects who will ignore or unsubscribe from your emails. They’ll also likely report your emails as spam, which can impact the performance of your email marketing down the road.
So we recommend gathering your contacts list the old fashioned way. The primary way that apartment communities tend to collect email addresses is through contact form fills on their website, but that strategy tends to capture folks later in their buyer journey, when they’ve already entered the consideration phase. Adding other strategies that can collect email addresses from folks earlier in their journey can help bring more prospects into your lead nurturing funnel, where you really have the ability to wow them. Facebook Lead Gen campaigns are one way to capture email addresses from people who have visited your website or searched for housing, but wouldn’t necessarily have reached out to contact you.
Just don’t forget, people are used to getting lots of spam in their inbox, and may feel hesitant to give out their email address. Clearly demonstrating what’s in it for them (i.e. providing clear value) will make them more likely to go through with handing over the keys to their inbox.
Wondering why you should work with a digital marketing agency instead of managing digital campaigns yourself? We get this question occasionally, and we understand why. Especially for brands with modest digital marketing budgets, managing your own digital campaigns may seem like a desirable option. After all, with enough diligence and marketing know-how, it’s possible to move the needle by relying solely on your own in-house marketers.
However, for most real estate brands, we recommend partnering with a dedicated real estate marketing agency for digital marketing campaigns, and there are a few key reasons why. Due to a variety of factors, most brands find they get a better value for their spend by relying on industry experts who have the resources and skills to launch impactful campaigns from day one, track their performance carefully with an eye toward the most relevant KPIs for your goals, and then continually optimize for best performance based on learnings, growth, and seasonality. The key is to find a digital marketing agency with no long-term contracts so that you retain control over your digital marketing costs and can pull the ripcord if things aren’t working out. That said, when you choose a partner with expertise specifically in the real estate market, the results will likely exceed what you’d accomplish in-house, resulting in positive ROI. If you’re wondering why, here are just a few of the reasons our clients see better results after partnering with us.
They’ve Mastered The Art of Digital Marketing for Real Estate
When you work with a dedicated real estate marketing agency, you’re paying for expertise, and that expertise pays you back. A real estate marketing agency has the advantage of immersing itself in the ins and outs of your real estate market, staying on top of industry trends, and understanding your target audience. Not only that, but they also have the aggregate learnings of hundreds if not thousands of digital campaigns and market surveys already informing their strategy. There’s just no substitute for the sheer volume of experience you’ll be leveraging when you partner with a digital real estate marketing agency.
And digital marketing for real estate truly is an art. With so many marketing tactics to choose from, platforms to familiarize yourself with, potential messaging and design strategies, user behaviors to understand, and so many other factors, there’s no single, simple way to determine the best strategy for you. It takes a lot of insight, tenacity, and attention to form a strong digital marketing strategy for your needs within your market, and many brands find they simply don’t have the bandwidth to devote to those demands.
They Have Access to Digital Marketing Tools & Resources You Don’t Have
Partnering with a real estate marketing agency also means getting cutting edge tools you wouldn’t normally have access to. For example, platforms like Facebook and Google have programs for preferred partners that may provide access to new features in beta (i.e. before those features go live for a wider audience) like Smart Campaigns, Google Lead Generation, and more. But not everyone can become a Google Premier Partner or a Facebook Certified Partner, so working on your own, you might miss out on campaign options that could be driving better results for your specific needs.
Not only that, but with a direct line to dedicated representatives for these major advertising platforms, campaigns run by preferred partners of Google and Facebook enjoy extra support to ensure they’re set up for success and able to take full advantage of the options available. And a little extra support can go a long way, since advertising policies and tools on these platforms are constantly changing. An expert digital marketing partner helps you stay up-to-date on all the algorithm, feature, and policy changes and ensure you’re not violating any policies that might result in paused campaigns or compromised results.
They Know How To Track Digital Marketing Campaigns & Optimize Performance
Launching a digital campaign is just half the journey when it comes to digital marketing. In order to make the most of your digital campaigns and get the results you need, it’s essential to know how to track and optimize against your most relevant KPIs (Key Performance Indicators). There’s a lot that can be tracked in Google Ads, Facebook, and other platforms, and each KPI tells you something different about user behavior and campaign success. Knowing how to interpret the data (and ensure it’s being collected accurately) is indispensable to successful digital marketing for apartments. Beyond that, any digital marketing partner worth its salt will have access to and experience using tools and resources that allow them to forecast, budget, and optimize campaigns so that you’re not just getting campaigns up and running, you’re seeing them pay off with the right results at the right times and for the right cost.
It Frees Up Your In-House Teams To Focus On Closing The Deal
Especially when it comes to property management, we’re constantly blown away by how much our clients take on day-to-day. Chances are, you’ve got plenty to worry about already, and could use some extra bandwidth to focus on where you can make the biggest impact. When you partner with a digital marketing agency for apartment marketing, it allows you to zero in on the decision phase of a renter’s journey without also worrying about how to build awareness, command attention, and generate leads. In other words, you can focus on nurturing the leads that come in, wowing prospects with great staff interactions, and ultimately closing the deal, all of which is essential to your overall marketing success. Freeing up your in-house teams to focus on these aspects more attentively enhances your marketing and reduces lead drop-off within your sales funnel.
We get this question often: “Can I pause my digital marketing now that I’m 100% leased?” It’s a reasonable question. You might be thinking now is a great time to save money by cutting back on ad spend or completely pausing digital marketing altogether. But ultimately, we don’t recommend this strategy when it comes to digital marketing for apartments. In short, it won’t benefit your apartment marketing plan as much as you think.
Why? Well there are a few reasons. In fact, there are enough factors involved that we decided it was time to put it all together in an easy-to-reference blog post. Whether you’re one of our digital clients or a real estate brand looking for marketing advice, we hope this can answer one of our most frequently asked questions.
Awareness Marketing Never Rests
The primary reason we don’t recommend pausing your digital marketing when you’re 100% leased is that your digital marketing plan should find ways to reach prospects at every stage of their buyer journey, and that includes the awareness phase. In fact, being 100% leased presents the perfect opportunity to scale back your other strategies (like retargeting and lead generation) and focus more of your attention and spend on awareness tactics.
Put simply, now is the time to make your audience aware of your brand before they even have the immediate need to find a new apartment. Building that awareness among your audience allows you to enjoy better results later on, as more people will move into your sales funnel further down the road when availability opens back up.
We’ll tell you more about how you can implement awareness tactics in the “What To Do Instead of Pausing Digital Marketing” section below.
You’ll Rob Yourself of Optimization Potential
You’ve heard that practice makes perfect, and it’s true for marketing too. Any good apartment marketing plan includes room for learning: learning about your market, your audience, and what works for your brand.
Marketing is most expensive at the beginning, and that’s partly because the best digital marketing for apartments engages in continuous optimization. Your goal isn’t to get it exactly right from the very beginning; it’s to start smart but get smarter along the way as your KPIs deliver valuable insights.
And the learning never stops. User habits, market trends, local competition, and a thousand other factors will keep you on your toes. Especially during times of change, it’s important to stay abreast of how your marketing strategy is performing. Even under normal circumstances, pausing your digital marketing and then trying to pick up where you left off once your occupancy starts trending downward again is harder than you might think. That brings us to the next point:
Momentum Loss Means Higher Costs Later
You may have heard that it’s energy-efficient to maintain a relatively stable temperature in your home even while you’re not there. This is because your HVAC has to work much harder to bring your home to a dramatically different temperature than it works to maintain a consistent temperature over time.
The same basic concept is true when it comes to digital marketing for apartments. After all, another reason that marketing is the most challenging at the beginning is that you’re starting from zero: zero brand awareness, zero brand loyalty, zero brand trust. The best marketing results emerge once you’ve gotten over the awareness hump to earn a little cultural currency.
In other words, your marketing campaigns have to do the most heavy lifting when you’re starting from a standstill. Though pausing campaigns may not have negative short-term effects, in the long-term, you’ll lose the progress you once made in terms of building awareness, recognition, and trust within your market, and the next time you start, you’ll be starting fresh, subject to those higher start-up costs as you once again lay the foundation you need for better results.
Put in technical terms, before it has a chance to normalize again, your Cost Per Acquisition or Cost Per Conversion will initially rise, likely to the degree that it will offset any money you saved by putting your campaigns on pause.
Continued Momentum Means Lower Costs Later
If lost momentum means higher marketing costs later, then the converse is also true, and not just because you’ll benefit from continued optimization and stable brand recognition. You’ll also benefit from other advantages that can only be built over time.
As brand awareness and loyalty build with continued marketing over time, so too do SEO rankings and brand reputation. These elements give you a stronger foundation to draw from later so your paid marketing isn’t pulling as much weight; you’ll be enjoying organic traffic and providing great reasons for prospects to convert without paying as much to get your message in front of them.
Plus, if you continue generating leads now, you’ll have a larger lead base to start nurturing when availability returns. Imagine having an eager audience waiting to hear that you have apartments available for move-in. In fact, that leads us to our next section:
What To Do Instead of Pausing Digital Marketing
Instead of pausing your digital marketing entirely, we recommend switching your focus to the digital marketing strategies that help you out most in the long-term. Since you don’t need to put as much spend toward short-term strategies that earn quick results, you can redirect that spend to set yourself up for reliable results when you need them again.
Specifically, focusing on awareness campaigns, SEO, and reputation management is a great apartment marketing strategy when you’re 100% leased. As far as ads go, focus on awareness tactics highlighting your key differentiators like stand-out amenities and desirable location. Facebook campaigns, YouTube campaigns, and geofencing can be useful awareness tactics to employ during this time.
Beyond that, we also recommend establishing a Wait List (or “VIP List” if you want to get fancy) collecting the information of leads that come through right now. This way the conversions you get now can still help you later on when you need to sign new leases. This is especially useful for senior housing communities—whose prospects often have flexible moving timelines and may wait months to find the perfect place—or student housing communities where pre-leasing is the norm and turnover season is predictable.
Conclusion
While pausing your digital marketing may seem tempting once you’re 100% occupied, continuing your digital marketing efforts can actually save more money and earn better results in the long run. If you’re thinking about scaling back your digital campaigns, consider redistributing spend to awareness tactics, SEO improvements, and reputation management efforts that can promote long-term growth.
As always, if you’re looking for professional advice concerning which tactics you should be using while 100% leased, you can always reach out to our marketing experts for a free conversation—no strings attached.
