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Real Estate Business Review | Tuesday, November 22, 2022
Many agents need to learn how to examine those results or measure their impact.
Fremont, CA: There are key aspects to properly assessing the effectiveness of your digital marketing strategy. Some important metrics should be readily available if you have built-in analytic tools to track your visitor and user behaviors.
Still, too many agents fail to analyze these metrics as they do not know how to examine those results or measure their impact.
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The following are the most important aspects of the digital marketing strategy that should be considered throughout the year.
Target Market: The target market includes the specific groups of prospective buyers you are trying to capture and the localities where they live. Those groups may incorporate, among others:
•First-ever Homebuyers
•Retirees
•Vacation Homebuyers
•Luxury Buyers
•Snowbirds
Once you have a good hold on whether or not your website is reaching your intended market, find out where your weaknesses are by evaluating your strengths.
Pipeline: What are your metrics? How are you encounter them?
If you acquired an influx of traffic when you first initiated your website, but the traffic has cooled, your evaluation can help you understand why. Your pipeline is the weekly or monthly leads. Are you changing those leads? Are they quality leads?
When you have an effective strategy for causing leads, you have a constant pipeline of interested visitors coming to your website. You want to understand how to keep that coming traffic weekly and month after month. Assess your pipeline by evaluating the following:
•The Quality of Your Leads
•The Number of Weekly and Monthly Leads
•The Number of Conversions from Leads
•The Spikes and Falls in Leads from Week to Week
Content: Are you responding to your outlook questions?
When visitors visit your site, are they determining quality information? Your content factors considerably into your overall digital marketing strategy. All of your content must be useful from your homepage to your contact page, including:
•Informative Blogs
•Robust Property Listings
•Accurate Market Data
•Helpful Community Pages
•Optimized Property Searches
•And Strategic CTAs
You must proactively answer your prospects' property listings and blog content questions. It should be the real estate website that expectations in your area turn to when they need trustworthy information about real estate in your area.
Review your content metrics like keyword usage, click-through rates (CTRs), and unique and repeat visitors. This information should tell you where to make adjustments and where you are doing great.
Engagement: How are you weighing user behaviors?
Just driving traffic to your website is just half of the battle. The other half is to obtain your visitors to react positively. Many metrics measure user behavior to see if your visitors are engaging with you through your website. Metrics such as:
•Average Time on Site per Visitor
•Number of Contacts through Your Website
•Weekly or Monthly Newsletter Subscribers
•Any Additions to Your E-Mail Database
You can measure overall engagement to see whether visitors are browsing your site or contacting you. Strong calls-to-action (CTAs) can help improve flagging numbers on engagement and better contact details placement.
Technology: How are you get results?
It would be requesting a lot for you to be a top-selling agent and a digital marketing guru! So instead, you should rely on actual digital marketing gurus to get the most from your digital marketing strategy. So how are you utilizing technology to advance your strategy?
Are you doing it yourself? Are you holding it in-house by asking your assistant or intern to handle your website responses? If so, you could be doing better. All digital marketing tactics need a high level of skill and technological know-how. In other words – let a pro handle the technology for you.
Mobile: Mobile is designed to last – how are you doing?
Above having an outstanding marketing strategy for desktop users, your tactics must include mobile capability. Whether ensuring that your property photo sizes are automatically adjusted for different mobile devices, or your website shows up on mobile online searches, mobile is here to rest, so you have to get it right.
In your digital marketing evaluation, notice any slow-loading pages, error messages, or missing photos and links on mobile devices. Your analytics tools should be able to prove to you how many visitors left your site due to slow loads or bad links. Redress these immediately to capture the big part of online searches.
Social: Social conversions matter – how are you capitalizing?
Lastly, your social media strategy aligns with your overall digital marketing strategy. Conversions regarding visitors who found you through a share on a social media platform count!
Many social media platforms provide statistics and analytics to measure your site's effectiveness. For instance, Facebook helps you track:
•Post Reach
•Page Likes
•Post Clicks
•Shares
•Comments
•And Overall Engagement
What posts obtained the most attention? What properties got the most shares? Facebook even reveals peaks and valleys over a specified period. To adjust your social media strategy, consider why users liked certain posts more than others.
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