The Rise and Importance of Video Marketing in Your Multifamily Marketing

Reflect on the most engaging content you’ve encountered on social media lately. Which pieces left a lasting impression, prompting you to share or tag a friend?

The undeniable force behind these memorable moments is video content. Whether it’s an amusing pet mishap, an informative tutorial, or an innovative DIY project, videos have an unrivaled power to captivate.

U.S. adults, on average, dedicate six hours daily to watching videos, and this watch time has skyrocketed by over 270% in the past year. Research indicates that more than half (54%) of consumers want to view more video content from their favored brands or businesses. Remarkably, 86% of companies now leverage video for marketing, a significant jump from 63% a few years ago.

These striking statistics underscore the substantial potential of video content marketing, especially in the multifamily marketing landscape. Now is the perfect moment if you haven’t yet integrated a robust video marketing strategy.

Why Is Video Content Marketing Important?

Search engines love fresh and engaging content, and nothing fits the bill quite like creating videos. In today’s digital age, landing pages, blog posts, and other online spaces are instantly elevated when you include video. The type of video matters, too. For instance, an “explainer video” can help break down complex concepts, while a product video shines a spotlight on the unique features of your products and services.

With many video and social media platforms available, there’s never been a better time to experiment with video ads, live videos, and other video formats.

In our fast-paced digital world, consumers search for content that offers instant gratification. Videos perfectly meet this demand, enabling brands to encapsulate their core message in a short yet impactful format. When you add video to your marketing mix, it’s not just about visuals; it’s about building genuine relationships with your audience.

The art of promoting your video has also become more accessible and budget-friendly, thanks to evolving technology. Now, multifamily marketers can benefit from precise targeting on video platforms and receive in-depth analytics, making it an indispensable marketing tool. Plus, with the option to share videos widely, you increase the chances for potential customers to watch your video and connect with your brand.

Effective Content for Your Video Marketing Strategy

Understanding and integrating the importance of video within your multifamily marketing framework is crucial, but it’s just the beginning. Determining which video formats and styles align best with your business objectives can be challenging.

To navigate this landscape, here are some video marketing tips to optimize your strategy for the multifamily sector:

1. Live Streaming and Reels 

Social videos are short, conversational clips explicitly designed for social media. From live streaming on Facebook to Instagram Stories, brands can cast a wide net around prospective customers and reel them in with captivating content. Given the transient attention span on social media, these videos should ideally be condensed, gripping, and under two minutes.

Embrace live videos, as these can be utilized for property tours, resident events, or Q&A sessions. Live interactions build authenticity and foster a deeper connection with potential residents.

2. Brand vs. Product 

Brand videos offer a high-level overview of your company’s brand, mission, and style. This content can be clips of your office and showcase company culture, but it should not sell a product. You should consider a brand video as your mission statement.

Product videos, conversely, educate your audience about the benefits of your product or service. With this content, it is essential to highlight and explain customer benefits and not just the features.

Ensure you’ve added video components, landing pages, and promotional materials to your website. This enriches the user experience and positions your brand as current and responsive to digital trends.

3. Testimonials and Customer Spotlights

Customer spotlight or testimonials showcase one of your customers and how they benefited from your product or service. These videos offer a great alternative to your website’s traditional written testimonial.

At Criterion.B, we have seen word-of-mouth communication as a powerful force — especially when building brand trust. Trust is built organically by spotlighting real customers and narrating their positive experiences, making this a vital aspect of multifamily marketing. Your prospective customers will trust the opinions of your current customers more than they trust your website content, blog, or advertisements. Video testimonials are an authentic way to capture your customer’s feedback and potentially drive more multifamily leads to your business.

4. Trending Videos

As with all marketing endeavors, staying abreast of the latest video trends and innovations is crucial. Whether it’s new editing techniques, emerging platforms, or innovative content ideas, being in the know ensures your strategy remains competitive.

Trending videos leverage a trending or timely topic at the core, whether it’s a clip related to a holiday, an upcoming election, or just a hot topic within your industry.

For example, we developed a video on the importance of building buyer personas, featured during a panel discussion at NAA Apartmentalize. The clip was timely (for the event), trending (within the multifamily market), and relevant to all of our buyer personas. Watch the full video below!

5. Interactive Content

Interactive videos offer viewers a unique, participatory experience. You turn passive viewers into active participants by embedding quizzes, polls, or clickable links. This heightened engagement ensures better retention and provides invaluable feedback. In multifamily marketing, interactive content can virtually tour potential properties, allowing viewers to choose which areas of a residence they’d like to see or even select finishes and furnishings in real time.

6. SEO Video Marketing

Your video’s content is only as effective as its discoverability. SEO video marketing is vital. Ensure your video titles, descriptions, and tags are optimized with relevant keywords. Moreover, to make your content inclusive, provide subtitles or closed captions. This not only aids viewers with hearing impairments but also caters to those who watch videos without sound, which is a significant portion of viewers, especially on social media platforms.

Integrating these video marketing tips can further elevate your multifamily strategy, ensuring you reach a broader audience while providing engaging and valuable content. Remember, in today’s digital age, it’s not just about producing videos — it’s about creating videos that resonate, inform, and inspire.

5 Ways Video Content Can Drive Multifamily Website Traffic

With “doom scrolling” rising, capturing and maintaining a visitor’s attention on your website can be a significant challenge. However, integrating videos into your web content offers an effective solution. Here’s how:

1. Enhance Your User Engagement

Embedding videos in your blog posts or web pages can dramatically increase user engagement. Instead of skimming through a lengthy article, viewers can watch a video that summarizes or complements the content. This multimedia approach appeals to a broader range of learning styles — while some might prefer reading, others gravitate toward visual or auditory content.

2. Increase the Average Time on Page

One of the crucial metrics search engines use to gauge the quality and relevance of a page is the amount of time a user spends on it. A compelling video can keep visitors on your page for extended periods, signaling to search engines that your content is valuable. This can subsequently improve your site’s search engine ranking, making it easier for potential customers or readers to discover your content.

3. Reduce Bounce Rates

A “bounce” occurs when a visitor lands on a page on your website and leaves without interacting with any other part of your site. A high bounce rate can negatively impact your SEO ranking. Videos, with their innate ability to captivate, can mitigate this. By embedding a video, you’re giving visitors an additional reason to stay and explore, reducing the likelihood of a bounce.

4. Boost the Shareability of Your Site

Video content is inherently shareable. Visitors who find your video insightful, entertaining, or valuable are likelier to share it on social media platforms or with their network. Every share increases the potential for more traffic to your website, creating a virtuous cycle of engagement and discovery.

5. Improve Your Content Diversity

A diverse content strategy appeals to a wider audience. By embedding videos in your blog posts, you’re catering to those who prefer watching over reading. This diversity can make your website a go-to resource for information, ensuring repeat visits and consistent traffic.

Captivate Your Customers With SEO Video Marketing

While social media videography plays a crucial role, broadening your scope to include video across your website, landing pages, and emails is vital. Don’t limit yourself to just one type of video. From explainer videos detailing your amenities to animated infographics showcasing resident testimonials, diversifying your video formats can cater to varied audience preferences and increase engagement.

Delving into the benefits of video marketing reveals that it doesn’t just enhance engagement; it boosts SEO rankings, fosters trust, and increases conversion rates. Video marketing tips can help businesses optimize their content for SEO video marketing, ensuring their videos rank higher and reach a broader audience. 

While the concept of branded video content’s immense multifamily marketing potential isn’t novel, its soaring popularity among consumers and its heightened significance to marketers certainly is. To stay competitive and resonate with your audience, harnessing this trend is no longer optional but imperative.

Why Inbound Marketing Trumps Outbound in Property Management

Who does not love referrals? But we live in a new digital world where people do not need to pester their neighbors to find a good recommendation — they have a slew of information at their fingertips via smartphones.

Think about what your top source of new business leads was last year for your property management company. If your answer was “word of mouth,” you are probably in trouble. If you answered “I don’t know,” you are arguably in even more trouble.

The real estate and property management sectors have significantly transformed over the last few years. Traditional marketing methods that once dominated the scene gradually changed modern tactics.

One notable shift has been from outbound to inbound strategies, particularly in the property management marketing realm. But what is causing this shift, and why is inbound marketing proving to be more effective?

Whoever is working on your property management marketing strategy — whether it is an agency or an in-house multifamily marketing team — should be able to track your investments back to actual multifamily leads and revenue for your business.

Understanding the Outbound vs. Inbound Divide

Before diving into the specifics, it’s important to understand the core differences between outbound and inbound marketing.

There are a lot of definitions floating around about what inbound marketing is, but an easy way to think about it is to think of the leads flowing in versus you scouting them. A good example of inbound marketing is search engine optimization (SEO). A property management company with a website ranking highly in the search engine results for relevant keywords will likely have a good flow of multifamily leads.

Outbound Marketing: This is the “old school” method of reaching potential customers. It involves pushing a message out, often to a large audience, hoping for a response. Examples include TV commercials, radio ads, print advertisements, and cold calls.

Inbound Marketing: This is a more contemporary approach where businesses create valuable content and experiences tailored to potential clients. It’s about attracting clients to come to you. This method revolves around content creation, search engine optimization, and social media marketing.

1. It’s more cost-effective than traditional outbound marketing.

Budget considerations are paramount for any property management marketing plan to succeed. In many instances, inbound marketing has proven more cost-effective than its outbound counterpart. Creating quality content might require an initial investment, but its long-term organic reach often surpasses that of costly traditional ads.

2. It helps build trust and brand loyalty with your target audience.

One of the most compelling reasons inbound marketing is taking the lead in marketing for property management is the trust factor. Inbound marketing relies heavily on content creation, which can position a property management company as an industry expert. Over time, this builds trust and credibility with the audience, something outbound methods might struggle to achieve.

3. It provides better audience targeting and precision.

With inbound marketing, you’re drawing in those already interested in property management or actively seeking your services. Advanced tools and analytics allow businesses to tailor their property management marketing plan to target specific demographics. This level of precision ensures a higher conversion rate.

4. It allows for quick adaptations to algorithm changes.

A branding and digital marketing agency can attest to the fast-paced evolution of online trends. Inbound marketing, being inherently digital, allows for quick adaptations. Whether it’s a change in search engine algorithms or the rise of a new social media platform, inbound methods can easily pivot to stay relevant.

5. It promotes engagement and positions you as a thought leader.

Modern consumers prefer engagement over mere advertisements. They’re more inclined to interact with informative blogs, insightful infographics, or engaging videos. An effective property management marketing plan will leverage this preference, creating content that informs and engages.

6. It enhances your credibility and multifamily SEO.

Search engine optimization (SEO) is a cornerstone of inbound marketing. With most consumers beginning their property management search online, ensuring your business ranks high on search engine results is crucial. Inbound marketing directly taps into organic search traffic by focusing on SEO strategies, offering higher visibility and credibility.

4 Inbound Marketing Advertising Channels to Prioritize

In the digital age, the strategies employed in marketing for property management have expanded beyond traditional methods. Today, the landscape is diverse, with multiple channels offering unique ways to capture audience interest. 

From the intricate art of email campaigns to the immediacy of PPC ads, each channel brings its distinctive advantage to the table. Below, we explore four pivotal multifamily inbound marketing channels and why they are becoming indispensable components of a robust property management marketing plan.

1. Email Marketing

Are you tracking if you get any multifamily leads from those direct mailers? Printing and mailing are costly and do not necessarily target your prospective customers when they are actively seeking your services.

While it has been ingrained in society that digital marketing is the future, groups with no expertise in the industry are unsure how to use digital marketing strategically. Partner this with a hesitancy to leave behind expensive “tried and true” outbound methods like direct mailers, and it becomes clear that while the multifamily industry knows digital marketing is the future, they are not quite sure how to invest in it.

While plenty of companies still purchase email lists to send their marketing e-blasts, there is a better option. Offer your prospective customers valuable content — like a quiz, fact sheet, or infographic — in exchange for their email. Over time, you will build a robust opt-in email list that is more likely to have engaged contacts.

With email marketing, there’s no waiting for the postman or printing costs involved. A single click sends your message to hundreds or thousands of recipients instantaneously. However, the true magic lies not just in the speed of delivery but in how email marketing can be tailored and personalized for maximum engagement.

Let’s delve into the benefits:

• List Segmentation: One of the true strengths of email marketing is the ability to segment your list. You can categorize your audience based on demographics, previous interactions with your brand, or even their position in the buying journey. This means that instead of sending a generic message to everyone, you can tailor your communication to resonate deeply with specific segments of your audience, leading to increased conversions.
• Increased Conversions: When you offer value in exchange for an email address, you’re essentially filtering in an audience that’s already shown interest in what you have to offer. Such opt-in lists increase engagement rates because the audience is already partially invested.
• Tracking and Analytics: Unlike direct mailers, email marketing platforms offer detailed insights into your campaigns’ performance. You can see who opened your email, which links they clicked on, and even how much time they spent reading.
• Environmental Friendliness: Without needing paper, ink, or transportation, it’s a method that’s kinder to our planet.

2. Pay-Per-Click Advertising (PPC Ads)

Optimizing your multifamily website to rank on the first page of search engine results is a long-term strategy that can pay off in the future. On average, 49,500 people search the keyword “property management companies” each month. Your target demographic will likely miss you if you are not located on the first page of search results.

Organically getting your website to rank high in search engine results can take time. That is why it can be beneficial also to pay to advertise in the search results. There are a lot of paid search advertising strategies that an agency can recommend and help you implement. For instance, you can pay for your PMC to show up when someone searches for your competitors.

3. Display Advertising

Display advertising — particularly in a campaign where you specifically target users who left your website before contacting you — is also a worthwhile campaign to test. At its core, display advertising is about presenting visually appealing banners, images, or videos across a range of websites your target audience frequents.

One of the most effective strategies within display advertising is “retargeting” or “remarketing.” Have you ever wondered how that specific property you were eyeing suddenly popped up on various other websites you visit? That’s retargeting in action. It specifically targets users who visited your property management site but left without contacting you, making a booking, or completing another desired action. By reminding them of their previous interest, you significantly increase their chances of returning to your site and converting into a potential lead.

Here’s why investing time and resources into display advertising can fortify your property management marketing plan:

• Visual Impact: Unlike text-based ads, display ads capture attention instantaneously. With the right design and branding elements, they can make your property memorable.
• Tailored Targeting: Through sophisticated algorithms and user data, display ads can be tailored to specific demographics, ensuring that your properties are showcased to those most likely to be interested.
• Brand Awareness: Even if a user doesn’t immediately click on your ad, the consistent presence of your properties on multiple platforms reinforces brand recognition. Over time, this can lead to increased trust and a higher likelihood of them choosing your services when they’re ready.
• Measurable Results: Much like other digital strategies, display advertising offers insights into your ads’ performance. You can track metrics like impressions, clicks, and conversions, adjusting your approach accordingly for better results.

4. Social Media Advertising

Search engines are not the only place you can pay to advertise. In fact, social media sites like Facebook and LinkedIn offer even cheaper advertising options that can potentially deliver sizeable returns on ad spend. Boosting content through social media advertising can increase your reach, impressions, and engagement.

The Role of a Branding and Digital Marketing Agency

While it’s possible to devise an inbound marketing strategy in-house, partnering with a branding and digital marketing agency can elevate your efforts. Such agencies bring expertise in content creation, SEO, social media strategy, and more, ensuring your property management marketing plan is comprehensive and effective.

While outbound marketing still has its place, the future seems to tilt in favor of inbound strategies, especially in the realm of property management. The ability to effectively target potential clients, engage with them meaningfully, and adapt to digital trends makes inbound marketing for property management a winning approach. As the landscape continues to evolve, companies embracing this shift and investing in a well-structured property management marketing plan will likely stay ahead of the curve.

Maximizing Occupancy & Revenue: Strategic Insights for Multifamily Property Success

High occupancy rates are the golden ticket to success in multifamily real estate. But how do you attract and retain tenants consistently? 

Today, we’re diving into some tactical tips to boost occupancy and increase your net operating income (NOI). Through the lens of property management marketing and multifamily branding, let’s unlock the potential of your property.

1. Revamp Your Online Presence

Modern tenants scout online before they visit in person. And there is nothing worse than an unresponsive, slow-loading multifamily website. A modern web design can be the difference between one lead and dozens. Ensure your website is mobile-responsive, user-friendly, and provides comprehensive information, all while encapsulating your multifamily branding essence.

Our multifamily branding agency will deliver a high-quality, responsive website and handle your apartment marketing so you can focus on what matters most — nurturing your leads.

2. Dive Into Social Media

Social media is indispensable in property management marketing. Platforms like Instagram and Facebook can showcase your property’s amenities, community events, and testimonials.

We treat your social media as an extension of your website — by embracing your customers and serving them relevant content. Our team of social media experts will help adhere to your brand voice to concept, publish, and manage daily social media content — including Stories, Reels, and lead-generating ads.

3. Hire a Multifamily Branding Agency

Are there inconsistencies in your multifamily branding? Are you ranking low in search results — or even not at all? Are you losing leads to your competitors? Has your multifamily marketing plan fallen by the wayside? Don’t let sporadic multifamily marketing and branding stunt your NOI.

An expert multifamily branding agency can help refine your brand, ensuring it aligns with your target audience and stands out from competitors. An agency can also offer invaluable insights and solutions to uplift your brand. Our seasoned perspective ensures your brand resonates with your target audience, distinguishing you from competitors. Moreover, with our comprehensive market knowledge and analytical approach, we can identify and rectify hidden challenges or overlooked gaps hindering your brand’s full potential and stunting your NOI. 

4. Host Community Events

Community BBQs, game nights, or workshops can provide a sneak peek into the vibrant life prospective tenants can expect, driving occupancy. We recommend hosting small, more affordable events every month (at least) and larger events every quarter. You should also aim for one significant event open to the public each year, such as a large Battle of the Bands, a Christmas celebration, or a charity event with raffle prizes. These large events will draw in the broader community and spread the word about your property.

5. Offer Referral Incentives

Encouraging current residents to refer friends or family is a strategic move in resident acquisition. Many trust recommendations from those they know, making this a reliable method to attract potential renters. Offering your current residents a discount on their next month’s rent or a bonus, such as a gift card to a popular local restaurant, can incentivize them to promote your property actively.

6. Professional Property Photos

High-quality photos can make a vast difference in online listings. Consider hiring a professional for interiors and exteriors to put your best foot forward. A multifamily branding agency can also help you coordinate a professional photographer, so there is no sweat off your back!

7. Revise Your Marketing Materials

Update brochures, banners, and flyers. Ensure all marketing for property management showcases the latest amenities, resident testimonials, and any recent renovations. If you recently rebranded your online presence, you need this to reflect in your marketing materials. 

A multifamily branding agency can help you pinpoint all the collateral pieces that need to be updated and upscale those branding elements to match the look and feel of your new brand experience. From rack cards and brochures to banners and event flyers, we can help you generate apartment leads with premium collateral.

8. Enhance Security Measures

Safety is a top priority for many renters. Implement security cameras, keyless entries, or 24/7 security personnel to boost your property’s appeal. Once these are all updated, promote them with pop-ups on your website, add them to social media, and send an e-blast newsletter to current and prospective residents on your email list. This can show current residents you are bettering the property for their benefit and show prospective renters that you prioritize a safe community. 

9. Offer Flexible Lease Terms

While not ideal for all properties, consider short-term leases or rent-by-room options. Flexibility can attract a wider range of potential residents. The short-term rental industry has seen an unprecedented surge in growth in recent years. In fact, the short-term rental market is expected to reach a valuation of $8,907.1 million by 2026. If your property has the means and logistics to tap into this market, you could open the door to some lucrative NOI.

10. Pet-Friendly Policies

Did you know that 72% of renters have pets, yet problems finding and keeping rental housing is a leading reason dogs and cats wind up in shelters?

Despite pets being prevalent in two-thirds of American households and integral to communities, many renters face challenges securing pet-accommodating residences. Shockingly, this housing dilemma leads to over half a million pets being surrendered to shelters annually, with many failing to find new homes. Even though the rental housing sector claims about 78% of apartment complexes are pet-friendly, the reality often contrasts starkly. Many properties impose weight restrictions, such as no dogs over 25 lbs. or having breed limitations. Hence, “pet-friendly” doesn’t truly represent most of America’s pets.

With more people adopting pets, offering a true pet-friendly policy (with appropriate rules) can be a significant attraction. Massive bonus points for the properties that also offer up pet-friendly amenities like dog washing stations, pet parlors, dog parks, and more. (p.s. This is also another way you can justify a rent increase!)

11. Implement Tech Upgrades

In today’s digital age, properties need to adapt to the ever-evolving technological demands of residents. Smart home features, such as voice-activated lighting, automated thermostats, and advanced security systems, offer convenience and modern living standards that appeal to a wide audience. High-speed internet has transitioned from a luxury to a necessity, especially for remote workers, avid gamers, or streaming enthusiasts. 

Additionally, app-based service requests provide residents with a seamless way to communicate their needs directly to property management without the hassle of calls or in-person visits. As most people, regardless of age, have become adept with technology, integrating these features can significantly enhance the living experience and make a property more attractive to potential renters.

12. Maintain Immaculate Common Areas

First impressions matter. A visitor’s initial encounter with a property often sets the tone for their entire experience. Lobbies, hallways, and other shared spaces are the first touchpoints for prospective residents. Regularly cleaning and updating these areas is crucial for aesthetics and communicating the property’s commitment to maintaining a high-quality living environment. A clean and modern space exudes professionalism and care, making it a no-brainer for properties aiming to attract and retain residents who value such attention to detail.

13. Engage in Local Collaborations

Partnerships with local businesses can be a game-changer for multifamily properties looking to enhance the resident experience. Here are some ideas to get you started:

• Collaborate with the neighborhood café to offer exclusive morning coffee discounts for residents.
• Strike a deal with a nearby gym, providing discounted memberships or trial sessions. 
• Local spas or wellness centers could provide tailored packages or special rates for residents.
• Coordinate with nearby bookstores, theatres, or artisanal shops to host monthly events or offer promotional deals to your residents.

By intertwining with the local business ecosystem, properties boost the appeal of community living and foster a deeper sense of belonging and convenience for their residents.

14. Actively Gather and Showcase Testimonials

Testimonials play a pivotal role in property management marketing. To encourage satisfied residents to share their experiences on platforms like Google, Yelp, or even Facebook, properties can implement a few thoughtful measures. 

1. Create a straightforward process for leaving reviews, perhaps by sending periodic reminders with direct links to the review platform. 
2. Consider hosting community events or appreciation days, and during these events, set up kiosks or dedicated spaces where residents can quickly drop a review. 
3. To motivate residents to share their feedback, offer small incentives, such as raffle entries or discounts on community amenities. 
4. To foster a culture of appreciation and engagement, regularly spotlight and thank residents for their positive reviews in community newsletters or social media.

Properties build trust with potential tenants and reinforce their commitment to current residents by actively seeking out and celebrating testimonials.

15. Offer Move-in Specials

Properties need to think creatively to catch the attention of potential tenants. Limited-time offers can be a game-changer in this regard. By providing reduced deposits, properties can appeal to those who might be budget-conscious or hesitant about the initial financial commitment. Offering a free month’s rent generates buzz and can provide the gentle nudge a prospective renter needs to choose your property over another. 

Additionally, bundled utilities simplify the living experience, removing the hassle of multiple bills and presenting a more streamlined approach to monthly expenses. Combined, these incentives showcase the property’s commitment to providing value and position it as an accommodating and tenant-centric choice in a sea of options.

16. Efficient Response Systems

Prompt and clear communication is a cornerstone of building trust with potential renters. In an era where instant messaging and rapid customer service have set expectations for quick responses, any delay in addressing queries can reflect how the property operates. 

When potential renters reach out with questions or concerns, they are not just seeking answers; they are gauging the responsiveness and reliability of the property management team. Addressing their queries promptly provides clarity and showcases a property’s commitment to tenant satisfaction. 

Efficient communication can often be the determining factor in a renter’s decision-making process. It bridges the gap between initial interest and final commitment, ensuring potential tenants feel valued and understood, ultimately making it more likely for them to choose your property over others.

17. Regular Market Analysis

Property managers and owners must be attuned to the pulse of the local rental market. With fluctuations in demand, economic shifts, and seasonal variations, rental prices can be highly dynamic. Staying updated on local market trends can help you gain insights into what competitors are charging, what amenities are in demand, and what potential renters prioritize in their housing search. 

Proactively adjusting pricing in response to these multifamily trends doesn’t just ensure you remain competitive; it also demonstrates to potential residents that the property is in touch with the community’s needs and is adaptable. In a market where every edge counts, this level of responsiveness can be the difference between a fully occupied property and vacant units.

18. Enhance Green Spaces

An oasis of greenery in the form of well-maintained gardens, terraces, or even strategically placed indoor plants can significantly elevate the aesthetic and ambiance of a multifamily property. Beyond just their visual appeal, these green spaces and elements contribute to a sense of tranquility and well-being, offering residents a respite from the hustle and bustle of urban life. 

The presence of plants can also improve air quality, acting as natural air purifiers. By investing in landscaping and indoor plants, properties not only enhance their visual appeal but also create a healthier and more rejuvenating environment. Such thoughtful touches signal a property’s commitment to providing residents with a holistic living experience, making it more enticing for potential renters seeking more than just four walls and a roof.

19. Invest in Upscale Amenities

Multifamily properties that offer more than just living spaces are capturing the attention of discerning renters. Common areas such as state-of-the-art gyms with the latest fitness technology, co-working spaces catering to the growing number of remote professionals, or entertainment zones with gaming areas and mini-theaters can truly set your property apart. These unique amenities serve as value-added propositions, providing residents with convenience, luxury, and diverse lifestyle options right at their doorstep. 

These premium features offer a richer living experience, which warrants a justified increase in rent. When residents perceive tangible value in these amenities, they’re more likely to understand and accept a slightly higher rental cost. Ultimately, by elevating the standard of living through these specialized common areas, properties can significantly enhance their NOI while fostering a greater resident experience.

20. Continuous Staff Training

Investing in thorough staff training, especially in customer service excellence, is not just a box to tick; it’s a strategic move for the longevity and success of your multifamily property. Cutting corners in staff training can lead to missed opportunities, miscommunications, and unsatisfactory resident experiences, which can negatively impact your property’s reputation and occupancy rates. 

When residents see familiar faces in the management team and service personnel, it fosters a sense of community and trust. Familiarity can often translate to increased comfort and security, which is essential in a resident’s decision to renew their lease. 

On the flip side, frequent staff turnover can incur additional costs in hiring and training, and it may disrupt the seamless operation and rapport built with residents. In essence, by prioritizing staff training and retention, properties ensure smooth operations and a positive environment and enhance their bottom line by minimizing unnecessary expenses and optimizing renter satisfaction.

Boosting Demand with Comprehensive Multifamily Branding

Increasing occupancy and NOI is a blend of strategic multifamily branding, robust property management marketing, and understanding tenant needs. With these tips and the expertise of a multifamily branding agency, property managers can navigate the challenges of the rental market, ensuring their properties remain in high demand. Remember, in real estate, multifamily branding isn’t just a name — it’s an experience.

Top Strategies for Effective Multifamily Lead Nurturing

Multifamily marketing professionals face unique issues with lead nurturing through the marketing funnel.

For the multifamily market, issues arise in the form of heavy competition from neighboring apartments and issues with customer retention. For developers, problems arise with a lack of awareness limiting incoming leads. For vendors, issues arise with qualifying incoming leads to ensure they are legitimate and within the proper target audience.

While many methods help generate leads, the best way to ensure continued success is to nurture your leads. Through lead nurturing, continued strategic contact can help ensure that the leads you generate are properly qualified and remain interested in your offerings.

While lead nurturing is critical to the continued marketing success of any multifamily business, most companies fall woefully behind. According to HubSpot, 65% of B2B marketers have not established lead nurturing. This is a huge missed opportunity as organizations that excel at lead nurturing generate 50% more multifamily leads at 33% lower cost.

And Annuitus Group suggests that not only do companies who use automation to nurture their leads generate 451% more qualified leads but also that those leads are 47% more likely to make a larger purchase than their non-nurtured counterparts.

Knowing these numbers about lead nurturing, how many multifamily marketers miss it?

Valuing a Digital Multifamily Marketing Strategy

The commercial real estate industry is known for being behind the curve in adapting to the latest trends — especially technology. The same is true for marketing techniques.

Groups with no expertise in the industry have no idea how to use digital marketing to meet their marketing needs strategically. Partner this with a hesitancy to leave behind expensive “tried-and-true” outbound methods, and it becomes clear that commercial real estate marketers are unsure how to invest in digital multifamily marketing.

The key to robust digital marketing is to attribute value to that strategy. Many commercial real estate marketers fail to do so, hurting them in the long run. 

The Advantages of Lead Nurturing

• Sustain Engagement: Keep your prospects engaged and maintain top-of-mind awareness for when they are ready to purchase.
• Guide Toward Sales: Nurture your contacts by seamlessly integrating sales messages within informative and valuable thought leadership content.
• Enhance Conversion Rates: Boost the likelihood of converting leads into sales by adopting a nurturing approach that adds value, ultimately maximizing the return on investment (ROI) for acquiring contact data.
• Prevent Lead Fatigue: Reduce the risk of overwhelming leads with aggressive sales pitches immediately after they download one of your resources. People generally prefer an educational and nurturing approach, which contributes to the success of building relationships and driving conversions.

Finding a Balance

Digital marketing relies on the perfect balance of digital strategies, working together in an integrated manner to ensure consistent messaging and continued contact with an apartment lead or prospect. This means unique content — such as blogging, offers, social media content, email marketing, etc. — should all be tied around a central persona, strategy, and buyer’s journey.

Adding these aspects together and ensuring you have the team and resources to run it all adds up. However, compared to the average standard spend on outbound strategies, the cost is typically much less. In fact, inbound multifamily marketing costs 62% less than traditional marketing, yet each dollar spent on inbound marketing generates 3x as many apartment leads.

7 Types of Email Marketing Campaigns for Multifamily Lead Nurturing

Typically, when speaking of apartment lead nurturing, people instantly think of email drip campaigns. These are email campaigns automated to go out to a list over a specific period. While this can be a lead nurturing method, it is not the only method.

The fact of the matter is that many types of lead nurturing emails may be used depending on your needs. And each has a benefit or strength.

1. Welcome and Engagement Nurturing

When bringing new leads aboard, it’s wise to nurture them while they are still hot — actively interested. Capitalizing on the novelty of your introduction to them can be a great foot in the door to a positive impression. However, it’s also important not to scare away your multifamily leads by coming off as overeager. This is where a “welcome” campaign comes into place.

The benefit is two-fold: While engaging your lead with your brand, you can use this campaign to gather information to segment the lead further. Step one of a welcome campaign is always the same — you take the time to welcome your new multifamily lead and let them know what to expect. You can also offer a free resource.

Going an extra step, you can offer these leads a way to get customized information depending on their interests. This may take much work on your backend through list segmentation and automation software. But if the framework is there, it’s work that pays off. Offer a weekly newsletter on multifamily trends, interesting statistics, or relevant industry articles.

Engagement campaigns are similar and can often stem as an off-shoot of your welcome campaign. Want feedback on a certain aspect of your business? Engage a list focused on that aspect of a focus group or survey session, and motivate them to participate. In this form of nurturing, your imagination is the limit.

2. Qualification Campaigns

A qualification campaign allows you to hone in on a lead in a critical interest time. Let’s say a multifamily lead downloads a few offers in quick succession. Adding this lead to a qualification campaign lets you speak to them clearly as they try to discover the answer to their problem. Sending more related offers with opportunities to touch base with your team brings you closer to making the lead sales qualified.

3. Traditional Nurturing Campaigns

A traditional nurturing campaign takes your lead’s interest and continues to offer relevant educational material. These types of campaigns most often accompany your overall marketing strategy. This campaign includes keeping in touch with a multifamily lead, giving them small opportunities to convert.

4. Event Campaigns

Whether hosting an event online or in person, an event campaign can help pique interest and attendance. Even if you’re trying to boost attendance to your booth at an industry conference, event campaigns are a great way to spread awareness, boost interest (usually by a unique offer), offer reminders and other great tips leading to your event, and provide an excuse for strong feedback and thank you emails that can further promote conversion.

5. Promotional Campaigns

If you have some multifamily leads you feel are on the edge of closing, a promotional campaign might be a nudge in the right direction. A promotional campaign should be very controlled, not to cheapen the perceived value of your product. Discounts, free bonuses, or even referral bonuses are good ways to augment a promotional campaign.

6. Re-engagement Campaign

Do you have a lot of leads that have gone cold? Purging these leads from your lists can seem like a waste. Instead of letting these multifamily leads go, why not implement a re-engagement campaign? This includes reminding them of your value or offering them something special to engage.

7. Upsell Campaign

Don’t let the title concern you. While upsell campaigns have a negative connotation, they don’t always have to mean or reflect upselling. Rather, an upsell campaign promotes your offerings to existing customers. In some cases, this means offering additional services.

Return Is in the Eye of the Beholder

Knowing that multifamily lead nurturing is far more complex than most marketers realize, the question becomes, which form offers the best return? The answer is not so simple. While each of these nurture campaigns requires a certain amount of upfront investment, the payoff depends entirely on your business.

The question comes down to which problem you are facing the most. If your issue is moving leads down the pipeline, a qualification campaign will most benefit your needs. If you are working on reviving multifamily leads, engagement, and re-engagement campaigns should be your go-to.  

Choosing a nurture campaign tied to your strategy is more important than taking a set-it-and-forget-it route. This is where you can make the most significant impact on your business. Only then will you see sustainable success in nurturing your multifamily leads.

What to Expect When Starting an Inbound Marketing Campaign

Today’s marketing has evolved from interruptive tactics to a customer-oriented approach called inbound marketing. This route empowers your customer to be equipped with all the information they may need to decide without feeling like they’re being “sold to” from the first interaction. 

In commercial real estate, everything from a property management company to multifamily vendors serving the space needs a marketing tactic that relies on warm leads.

When evaluating whether an inbound marketing campaign is right for your multifamily business, there are a few things to understand first.

Time Is an Investment

The hardest thing for clients to wrap their heads around is the time it takes to get an inbound marketing campaign in full swing. While everyone is looking for instant gratification for their multifamily marketing ROI, we remind our clients that time is an investment. We set expectations early on that inbound marketing isn’t a quick fix, but rather a long-term solution.

Let’s say a multifamily property wants to create buzz during lease-up for three months. A full-funnel inbound approach may not be ideal for this short-term need. A social media marketing strategy may better fit this quick fix. However, if they want to maintain a marketing strategy that identifies prospective residents, targets content, and creates a steady lead nurturing system — inbound marketing may be the ticket.

Inbound marketing is built on steps that can’t be skipped or left out of your strategy. A ramp-up period for inbound may take the three months that the multifamily business above wanted for simply heavy promotional marketing.

Rather than short bursts of promotion, with inbound, you have to build a solid foundation first. If not, your entire inbound marketing campaign process will be working backward to fix the broken links.

However, when you give inbound the time it needs to get the working pieces in place, you start seeing your work pay off. 

Consider the following stats from HubSpot, a leading marketing automation software company:

• 92% of companies using inbound marketing increased their traffic, and 40% increased their traffic by at least 75%. 
• 85% of companies using inbound marketing increase traffic within 7 months
• Blogging champions as the #1 method for increasing traffic, with SEO in second place
• “Other” inbound marketing techniques (i.e., landing pages and calls-to-action) are ranked the #1 method for increasing leads
• 42.2% of companies using inbound marketing increase their lead-to-sale conversion rate
• 49.7% of companies using inbound marketing increase sales within 7 months

Results Come From Strategy

Like many things in life, you can expect to get out of an inbound marketing campaign what you put into it. When you’re looking to see the magic of inbound marketing in action, you can’t sit back and let it go on its own. It takes constant review, regular planning, and lead nurturing. This could be in the form of ready-to-rent leads showing interest in your property solely by viewing your content and social media.

By not taking shortcuts, you’ll be pleased with the results your campaign brings in. But what takes so much time?

Buyer Personas

The first step is always research. The cornerstone of any inbound marketing campaign is developing buyer personas. Buyer personas are semi-fictional characters representing your ideal resident or customer and going beyond just demographics. Your personas will help target all content and strategy surrounding the campaign. These can take a few months to develop, as it’s important to interview residents to get insight into your target audience.

Keyword Research

Much of the ramp-up period consists of research. Once you know your target, you need to know how you rank for industry-specific jargon your audience uses. For instance, if your business is a real estate investment company, maybe you rank high in search terms for “multifamily investing” or “real estate investment firm.” By using a keyword analysis tool like SEMRush, Ahrefs, or Moz, you can identify how you’re ranking for very specific keywords. You can then optimize the content you create to feature those keywords.

Multifamily Website Design

Before setting up a buyer’s journey for your target resident to navigate online, your website has to be optimized for user experience (UX). A poor website can halt the effectiveness of a well-planned inbound marketing campaign. For instance, if people can’t find the leasing page or have difficulty finding floorplans, they’ll likely lose interest. Do not make your audience hunt for what they are looking for.

Content Mapping

You can plan the content once you’ve researched and optimized your website. You’ll want to create different content types for each stage in the buyer’s journey — awareness, consideration, and decision. Instead of publishing blogs on the fly or posting to social media randomly, plan out your content strategy. This will give your inbound marketing campaign direction, purpose, and organization.

HubSpot Set-Up

HubSpot is an amazingly effective tool for marketing automation. It helps build and automate workflows, email campaigns, social media scheduling, analytics, and more. Setting up your workflows, email templates, and building out social media accounts in HubSpot helps create a solid foundation.

Goals and Analytics

Without this step, there’s no way to assess the performance of the strategy you’ve put in place. Set SMART goals upfront — Specific, Measurable, Achievable, Relevant, and Time-based. Then, establish regular checkpoints to see how your strategy is doing. Tools like HubSpot, Google Analytics, and Klipfolio are great tools for measuring the success of your inbound marketing campaign.

Now that you have the groundwork set, here comes the hard part — staying fully committed and on track with the goals you set. To be successful at inbound marketing, you must have faith. Those willing to let the process work through its entirety will see higher levels of success than those who change direction because they don’t see immediate results. Pausing your efforts or adding multiple layers to your pre-constructed plan will only lessen your impact. Be patient — we can’t stress this enough.

Become the Multifamily Marketing Expert

Inbound is a long, winding road of strategy, testing, retesting, and careful planning. While it may seem overwhelming at first, HubSpot supplies ample resources to teach new customers how to become inbound experts and more!

However, when it comes to being an expert and leader in inbound marketing for your industry, there are options. You can take it on yourself — which will likely be an overwhelming feat. You can hire an in-house inbound marketing expert, leaving the implementation and execution to them. If this isn’t your business’ specialty, you don’t have to go at it alone. You can also leave the heavy lifting to an inbound marketing agency.

As experts in inbound, an outsourced multifamily marketing agency (like Criterion.B) can put a business’ mind to ease by handling the entire process.

Taking Your Real Estate Leads From Multifamily Marketing to Sales

As inbound marketing begins to gain traction, more and more businesses are looking to adopt it into their strategy — either through a multifamily marketing agency or internally. Inbound promises to revolutionize multifamily marketing results for many of these businesses. But without deep research into the process, they find themselves frustrated at slow results or even lack of results.

For commercial real estate companies, in particular, doing inbound internally has quite the learning curve. With the business combining only certain inbound methods, they wonder why their methods are not working. And they may not even understand the need for a full inbound funnel.

However, when done properly, inbound marketing can be incredibly effective. Inbound can also be a great resource for an industry like real estate that’s stagnant in its marketing efforts.

The inbound funnel is undoubtedly the most important factor in inbound success. Every action in your marketing endeavors should point to a step in that funnel and how it relates to your buyer’s journey. But to understand how that funnel works, it’s essential to understand the role of lead qualification in the success of an inbound approach.

What Is Lead Qualification?

When working through an inbound funnel, the goal is to qualify leads. But what does it mean to qualify a lead?

Lead qualification involves gathering information about a prospect to determine where they fit in the buyer’s journey. This helps move a lead to a marketing qualified lead (MQL) and an MQL to a sales qualified lead (SQL).

The level a lead is at in the marketing funnel before reaching the customer is known as the lead’s lifecycle stage and are as follows:

However, the definition of these lifecycle stages concerning your funnel varies depending on your business. For example, let’s say you worked at a property management company trying to attract residents to one of your properties. In that case, your lifecycle might be defined like this:

• Subscriber — A subscriber to your blog or newsletter but who has not engaged in downloading an offer or engaged for rental information.

• Lead — Someone who has downloaded a neighborhood guide or other entry-level information on your site but has not tried to engage about renting.

• Marketing Qualified Lead — Someone who has asked for information regarding rentals, be it availability or price range but has not engaged with a sale representative yet.

• Sales Qualified Lead — Someone who has asked for information on renting and fits/can afford the space; the person has also talked to a sales representative.

• Opportunity — Someone who has shown interest in renting and has engaged or seen the property.

For each company, the criteria may differ. If rents are a certain amount, or your complex is targeted toward seniors, a marketing qualified lead or SQL might need to match certain criteria before going forward. The next issue becomes — how do you get that information?

The Steps in Qualifying Your Real Estate Leads

Information is the end-all-be-all of multifamily marketing success. But gathering information is an increasing challenge. Digital concerns about privacy and security make the availability of information online difficult. Since information is needed to qualify leads for your sales team, it creates a need to be inventive in gathering information from leads. The best way? By creating an exchange.

The exchange of information for something else is key to the foundation of inbound marketing. Inbound marketers create offers that relate to each stage of the buyer’s journey. For example, they can offer an infographic on the neighborhoods in your city and make the offer downloadable in exchange for contact information.

In this trade-off, consumers get valuable information, and their information is the price associated. The questions in the form of an offer, in turn, help the company qualify the lead. This helps expedite the sales cycle, rather than having sales pursue leads that are not ready to be contacted.

Again, determining the necessary information to qualify your real estate leads depends on your business, service, or product. If you’re a company offering residential services to multifamily residents, you may not want to ask revenue questions like you would when partnering with an apartment complex. Instead, you may want to know how often they need your service. It’s essential to ensure the information is relevant to the potential lead and that you’re asking the questions. For instance, not asking sales-focused questions when a lead is looking at an awareness offer.

This helps keep leads engaged while also gathering information for business needs. Knowing the answers to these questions not only qualifies your leads but gives you a better understanding of your potential customer.

Where Lead Qualification Goes Wrong

Now that you understand the importance of offers and forms, the next step is implementing this strategy. How do you accomplish this? It may seem like a straightforward process, but many intricacies are involved.

Asking for the Wrong Information

If you’re offering a prospect an awareness offer, then you’re not going to ask for detailed information about their background, job title, etc. That’s because the value of that information is held in higher regard to the prospect than the offer.

The lead’s lifecycle stage doesn’t match what you’re asking at the time. By the same token, you wouldn’t want to offer a demo of your resident management software to a property management company by only asking for name and email; otherwise, you might get a lot of parties not ready to buy or not within the scope of what your product supports. These issues can cause a loss of real estate leads or even an inaccurate funnel.

Failing to Follow-Up

Another issue companies face in lead qualification is failing to follow up on their real estate leads. Getting a lead that downloads your offer is great, but you can’t be sure of their intent without further engaging the lead. This can be anything from sending a series of nurture emails to following up with another offer or adding them to a curated newsletter. This nurturing lets you measure their continued engagement and gives you more opportunities to further qualify the lead with other content.

According to Invesp, 80% of new leads never convert into sales. With lead nurturing, however, companies can see up to 50% more sales-ready leads at a lower cost. Why? Because lead nurturing can be automated, it’s simple, and it helps to measure a lead’s readiness.

The most important thing about lead nurturing is to keep doing it. On average, it can take up to 8 marketing touches from a top-of-the-funnel lead to a closed-won customer. For many of your real estate leads, it may take even more. That means continuing with your nurture and follow-up with leads to ensure sales has a strong close.

Understanding Intent vs. Interest

Perhaps one of the biggest hangups in qualifying a lead is failing to understand a lead’s intent versus interest. A person in the neighborhood where you just built your swanky new apartment complex might have interest in your content because of location. But if they don’t fit the budget and aren’t looking to move, the intent is not there.  

Marketers mistake interest for intent all the time, often leading to a marketing qualified lead being passed off as a SQL when that’s not the case. There are two options to help in this predicament, though — lead scoring and decision-based offers.

Marketing Automation Software

If you have access or interest, a marketing automation software like HubSpot offers lead scoring as a means to qualify your real estate leads. Lead scoring involves tracking any lead in your CRM across your site. With lead scoring, you can ascribe value to different blogs or page views, offers or email interactions. When a lead reaches a certain score, decided on by your team, they become sales qualified.

Decision Stage Offers

The secondary option is to use decision stage offers as a means of qualifying leads. This can be anything from making an appointment to see a space to offering a demo of a software. Creating a broader base of options for these offers can help you determine which leads are ready to buy. Leads who fail to engage with a decision offer when you have an array to choose from are likely not there yet.

Passing the Baton to Sales Qualification

So, your real estate leads are ready for sales — now what? Just because a lead is sales qualified, does not mean they are a good fit. Sales qualification is what makes a lead an opportunity and closes out the inbound funnel; it falls in the hands of the sales team to do this qualification. The reason? Just because a lead has interest and intent, doesn’t mean they meet the criteria of your product.

While lead qualification can help weed out those who don’t fit, it takes the sales team to assess fit, often using BANT (Budget, Authority, Needs, Timeline). What BANT does is ensure that the lead has the money, authority, and ability to use your product. Leads with poor BANT scores aren’t necessarily a waste of time, they may not be ready yet. But if that’s the case, it’s better for them to return to the cycle rather than have sales try to close a deal.

As a marketer, you’ll likely never know off the bat if a lead meets sales’ needs. That requires sales engaging with the lead first. Instead, it’s imperative to use lead qualification methods to ensure your real estate leads are qualified from a marketing perspective and ease sales’ jobs on the rest.

Creating Content to Drive Your Buyer Persona Down the Multifamily Marketing Funnel

In today’s competitive landscape, content marketing reigns supreme. While everyone acknowledges the power of content, its true potential is unleashed only when there’s unwavering consistency behind every piece of content created. Companies that are dedicated to producing high-quality, steady content capture attention and often outpace their competitors in terms of leads generated and website traffic. Yet, maintaining this consistency in content creation remains a daunting challenge for many businesses.

An effective content marketing plan, fortified with a well-thought-out content calendar, serves as a roadmap to success. This plan allows you to forge stronger connections with potential customers and ensures that you address their pain points at every stage of the buyer’s journey. With such a strategy, your organization can solidify its reputation as a trusted, valuable resource in the industry.

Why is a content marketing plan important?

The digital age has transformed how consumers engage with product or service providers. The once-dominant traditional methods of multifamily marketing are now receding into the background. They’re being replaced by dynamic marketing campaigns that leverage blog posts, social media marketing, and other digital strategies. These campaigns aim to tap into the ever-evolving needs of potential customers, guiding them step by step toward making a purchase decision.

Imagine casually browsing social media and stumbling upon a blog post about a product or service you’ve considered. If this content resonates with your needs and is followed up with more relevant content addressing your specific pain points, wouldn’t you be more inclined to explore further? This exemplifies the power of consistent and relevant content in drawing potential customers closer to your brand.

Now, picture your favorite actor, known for stellar performances in your cherished movies. If they consistently choose roles that strike a chord with you, over time, their mere involvement in a project would pique your interest. Similarly, businesses should aim to be that actor for their customers — always reliable, always delivering quality.

To achieve this, businesses need a well-defined content marketing plan. It’s crucial to involve product development, sales teams, and tools like Google Analytics to understand what content appeals most to your audience. Incorporate keyword research to ensure your content ranks well and garners attention. And, of course, every blog post, social media update, or marketing piece should conclude with compelling calls to action, guiding readers to the next step in their journey with your multifamily brand.

1. Understand and develop a buyer persona

As the foundation of effective marketing plans, understanding and creating a detailed buyer persona is the cornerstone for any successful content marketing strategy. This persona is not just a vague concept but a dynamic representation of your ideal customer, tailored for your specific product or service.

A buyer persona, according to HubSpot, is akin to a semi-fictional character. This character mirrors your prime audience’s aspirations, pain points, behavioral tendencies, and motivations. The key to producing high-quality and relevant content lies in your grasp of these personas. By tuning into their specific needs and addressing their distinct pain points through each piece of content, you can create compelling blog posts, social media marketing campaigns, and other types of content that resonate deeply with potential customers.

But how do you embark on this journey of buyer persona development? Begin step by step. Start by diving deep into the insights and data from your existing audience. Conducting in-depth interviews, preferably three to five, can provide a wealth of information. These interactions can spotlight trends, preferences, and unique attributes that define your persona.

Don’t stop there. Your sales team is an invaluable reservoir of insights. Integrating data from your CRM and collaborating closely with your sales team can create a more holistic view of your target demographic. Tools like Google Analytics can further refine this view, offering data-driven insights into website traffic and the success of specific pieces of content.

Once you’ve sculpted a clear buyer persona, it’s not a ‘set it and forget it’ task. As market dynamics shift and product development evolves, the needs and interests of your audience might also transform. Regularly revisiting, reassessing, and fine-tuning your personas, fortified with keyword research and calls to action, ensures your marketing campaigns remain fresh, relevant, and impactful.

2. Understand the buyer’s journey

Now that you have your buyer persona, you can better understand the buyer’s journey. According to HubSpot, “The buyer’s journey is the process buyers go through to become aware of, evaluate, and purchase a new product or service.”

• Awareness — Your persona has identified a problem and is trying to understand that problem. 
• Consideration — Your persona is considering all potential solutions to alleviate their problem.
• Decision— Your persona is choosing a specific option to solve their problem.

3. Using inbound multifamily marketing to guide your content

The solution to consistency is inbound multifamily marketing, a modern method that equips you to create content that drives buyer personas through your marketing funnel. This methodology will help guide your content marketing plan, expanding the awareness, consideration, and decision stages into four more specific stages: attract, convert, close, and delight. 

Attract

The attract stage is about building awareness and creating content that turns strangers into visitors. Thus, you should primarily focus on blogs, social media, and white pages. The goal is to provide solutions to your persona’s problems.

Convert

This stage is about converting visitors into multifamily leads. The type of content you are producing would be in the form of a call-to-action (CTA) or landing page. Create gated offers where viewers must provide minimal information valuable to your business (email, zip code, etc.). For example, offers include infographics, fact sheets, eBooks, and how-to guides.

Close

In the close stage, your strategy should be all about turning leads into customers. In this stage, you should focus on your CRM, email, and workflows. It’s important to speak their language, meet their needs, and seal the deal.

Delight

In the delight stage, you will continue to provide value and show you care about your customers. In turn, they will become advocates and promoters for your business. Through social monitoring and surveys, you can see how satisfied your residents are; if there is a problem, you can address it quickly. Happy customers are your best advocates for attracting new leads.

Unlocking Success with Targeted Content Marketing

Recognizing the intricate nuances of these stages is pivotal for a successful marketing plan. By harnessing the power of content creation, you can navigate these phases with precision, ensuring your multifamily marketing campaigns align perfectly with your audience’s evolving needs. This systematic, step-by-step approach enhances the relevancy of each piece of content and amplifies its impact. 

Ultimately, crafting the ideal material for the right context will position you as an authoritative figure in your industry, driving leads and fostering lasting relationships.

Leveraging Demographics for Building an Effective Multifamily Marketing Strategy

Multifamily marketing is not just about promoting products and services; it’s about connecting with your audience. And to do that, you need to understand who your audience is. 

Demographic marketing is tailoring your multifamily marketing efforts to specific groups of people based on age, gender, income, education level, and other characteristics. When you understand your audience, you can create campaigns that resonate with them, speak their language, and address their specific needs and desires. In this era of information overload, it’s more important than ever to cut through the noise and grab the attention of your demographic target market. 

Demographic marketing is a powerful tool that can help you do just that. By understanding who your audience is and what they want, you can create campaigns that are not only effective but also memorable and engaging. 

So let’s take a closer look at the art of demographic marketing and how you can use it to connect with your audience and drive business success.

Understanding Your Demographic Target Market

Understanding your audience is critical to the success of your property marketing campaigns. You need to know your target audience, what they want, and what motivates them. Demographic marketing allows you to create campaigns that speak directly to your audience and address their needs and desires. The more you know about your audience, the better you can tailor your campaigns to them.

Demographic marketing can also help you identify new opportunities. Analyzing data allows you to identify trends and patterns that may not be immediately apparent. For example, you may discover that a particular demographic target market is underserved in your industry and create a campaign specifically targeting that group.

Ultimately, understanding your audience helps you create more effective campaigns. When you know your audience, you can create messaging that resonates with them, choose the right multifamily marketing channels, and optimize your campaigns for maximum impact.

Gathering Data on Your Target Audience

The first step in demographic marketing is to gather data on your audience. There are many ways to do this, including surveys, interviews, focus groups, and online research. The key is to gather as much data as possible to get a comprehensive understanding of your audience.

One of the most effective ways to gather data is through surveys. Surveys allow you to ask specific questions and get quantitative data to analyze. You can also use surveys to gather qualitative data by asking open-ended questions and allowing respondents to provide detailed responses.

Another way to gather data is through online research. Many online tools and resources allow you to gather multifamily marketing data on your demographic target market. For example, you can use Google Analytics to gather data on your website visitors, including their age, gender, and location.

Analyzing and Interpreting Demographic Data

Once you have gathered data on your target audience, the next step is to analyze and interpret that data. This involves looking for patterns and trends that can help you understand your audience better.

One way to analyze data is to create charts and graphs to help you identify trends and patterns that may not be immediately apparent when looking at raw data. For example, you may discover that a particular age group is more likely to rent at your properties than others or that people with higher income levels are more likely to use your services than those with lower income levels.

Let’s take a closer look at each demographic group you’ll want to analyze:

1. Gender

Women and men think and react differently to certain things, but even more base level, they use the internet entirely differently. While men have gradually caught up with women in overall social media usage, there are differences in platform usage.

Women are likelier to spend time on Facebook, Pinterest, or Instagram, while men prefer forum-based social channels like Reddit. In e-commerce, men and women differ in how they search, with men searching by product while women searching by brand. 

Knowing these key differences in usage patterns can greatly alter your marketing strategy. Targeting moms? Place ads on Facebook and post on Pinterest. Going after single young men? Post your blogs to a relevant subreddit.

2. Age

Baby boomers are online, but not to the extent of younger generations, and certainly not in the same places. Only 57% of Americans 65+ are online, as opposed to 93% of adults aged 30-49. Boomers and older Americans spend the most time checking their email. Meanwhile, younger generations split their time between social media, shopping online, and researching products.

Keeping that in mind, a boomer seeking an active adult community might appreciate a newsletter on your offerings. A millennial seeking high-rise living might prefer a tweet.

3. Income

While internet browsing gaps between people of different incomes have narrowed, this information is still important for marketers. If you’re offering a tiered service, this data can help you better target the appropriate range to the appropriate person.

Why is this important? Because you wouldn’t want to alienate a customer who thinks a product may be out of their price range when they see the higher-end price.

4. Location

This can mean country, region, or even if someone is living in an urban or rural environment. While country and lifestyle have some effect on internet usage, the reason this multifamily marketing demographic is most important has much more to do with knowing and understanding your market.

Someone in an urban environment probably won’t need an industrial-grade sitting lawnmower. Likewise, people in New York City probably don’t want to see information about car accessories. Knowing a person’s location can also help ensure that any written content sent to them matches terms to their colloquial knowledge.

For example, using “pop” vs. “soda” or “coke” depending on where in the U.S. you’re from or ensuring that they’re not seeing deals that don’t pertain to them at their location (e.g., some insurance companies don’t operate in every state).

So, you’ve gathered your basic marketing demographics and are ready to start building your multifamily marketing strategy…

Hold up a second.

There’s more to it than that. While all this information is certainly a starting point, it’s important to take it deeper. In digital multifamily marketing, we call the amalgamation of this information a buyer persona — the typical person who might engage with your product.

Creating Buyer Personas

One of the most effective ways to use demographic data is to create buyer personas. Buyer personas are fictional representations of your ideal customers based on demographic data, behavior patterns, motivations, and goals.

Creating buyer personas helps you understand your audience better and create campaigns that resonate with them. For example, if you discover that a significant portion of your audience comprises millennials, you can create a buyer persona representing a typical millennial customer. This persona can guide your messaging, multifamily marketing channels, and campaign optimization.

Crafting Targeted Messaging

Once you have created buyer personas, the next step is to craft targeted messaging that speaks directly to your audience. This involves using language and imagery that resonates with your audience and addresses their needs and desires.

For example, if your audience is primarily women, you may want to use language and imagery that is more feminine in your campaigns. You may also want to focus on topics more relevant to women, such as health and wellness.

Targeted messaging can also help you stand out from your competitors. By crafting messages that speak directly to your audience, you can differentiate yourself from other brands and create a stronger connection with your customers.

Choosing the Right Marketing Channels

Different demographic groups may respond better to different multifamily marketing channels, so choosing the most effective for your target audience is important.

For example, if your target audience is primarily millennials and Gen Z, you may want to focus on social media marketing as they are more likely to use social media than other age groups.

You may also want to consider other marketing channels, such as email marketing, content marketing, and influencer marketing. The key is choosing the most effective channels for your target audience and aligning them with your overall marketing strategy.

Testing and Optimizing Your Campaigns

Testing and optimizing your campaigns is critical to their success. This involves continually monitoring and adjusting your campaigns based on their performance.

One way to test and optimize your campaigns is to use A/B testing. A/B testing involves creating two versions of your campaign and testing them against each other to see which performs better. This can help you identify the most effective messaging, design, or marketing channel for your target audience.

You can also use data analysis to optimize your campaigns. By continually monitoring your campaigns and analyzing the data, you can identify areas for improvement and make adjustments to improve their performance.

Common Mistakes to Avoid in Demographic Marketing

There are several common mistakes to avoid when it comes to demographic marketing. One of the most significant mistakes is assuming that all members of a particular demographic group are the same. This can lead to too broad campaigns that don’t speak directly to your audience.

Another mistake is relying too heavily on demographic data. While demographic data is critical to understanding your audience, it’s important to remember that individuals are complex and multifaceted. When crafting your campaigns, you need to consider other factors, such as behavior patterns and motivations.

Tools and Resources for Demographic Marketing

There are many tools and resources available to help you with demographic marketing. Social media platforms like Facebook and Instagram allow you to target specific demographic groups with your ads. Google Analytics provides valuable data on your website visitors, including their age, gender, and location.

You can also use market research and data analytics companies to gather and analyze data on your target audience. These companies can provide insights and recommendations to help you create more effective campaigns.

Driving Business Success With Demographic Marketing

Demographic marketing is a powerful tool to help you connect with your audience and drive business success. By understanding your audience and tailoring your campaigns to their specific needs and desires, you can create messaging that resonates with them and stands out from your competitors. 

Remember to gather as much data as possible and create buyer personas, then continually test and optimize your campaigns. With these strategies, you can create campaigns that are not only effective but also memorable and engaging.

The Dynamic Duo: Creating Content Magic With ChatGPT and Our Content Marketing Agency

Digital content marketing can be challenging, especially when you have many other operations tasks. Enter Open AI ChatGPT.

The ChatGPT app has revolutionized digital content marketing and how we handle content writing, editing, and multifamily graphic design.

The biggest concerns surrounding this new artificial intelligence feature are: “How does ChatGPT work?” “What are good ChatGPT prompts?” and “Do I still need to hire a content marketing agency?”

Let’s answer each of these questions…

The Future of Generative AI in Property Management Marketing

Much like the shift to digital content marketing in recent years, the rise of generative AI has been slow but steady. And just in the last year, it has BOOMED.

Many industries are still coming aboard the realm of inbound marketing but not quite utilizing generative AI. However, Open AI ChatGPT will be key to becoming more efficient with your content marketing to stand out.

Effective content will help you embrace the feedback loop that allows your content to grow and develop. Only then will your content reach your targeting goals and give you the results you’re aiming for.

Understanding the Value of Generative AI

Before we can dive into how to use open source AI and answer “How does ChatGPT work?” we first need to discuss the benefits of using Open AI.

Generative AI provides marketers a powerful tool to streamline content creation processes and drive engagement. Ultimately, it allows marketers to quickly create large volumes of high-quality content, saving time and effort. 

This technology offers fresh perspectives and innovative ideas, sparking creativity and enabling marketers to explore new angles in their content strategies. Moreover, this AI writing tool can optimize content for search engines, enhancing organic visibility and driving website traffic. 

How Does ChatGPT Work?

ChatGPT operates on a sophisticated deep-learning model known as a transformer. This model is trained on vast text data to develop a deep understanding of language patterns and structures. 

When a user provides ChatGPT prompts, the model analyzes the context and generates a response based on learned knowledge. It breaks down the ChatGPT prompts into segments, attends to the relevant parts, and generates a coherent output. 

The training process involves exposing the model to a massive dataset that includes diverse sources such as books, articles, websites, and more. This exposure enables the writing tool to learn grammar, facts, reasoning abilities, and even some degree of creativity. The ChatGPT app gradually improves its ability to generate human-like responses through this iterative training process.

It’s important to note that while open source AI can produce impressive outputs, it should be used with caution and human oversight to ensure accuracy and maintain ethical standards.

And full disclosure: The AI writing tool wrote the above section about “How does ChatGPT work?”. Why? Because who knows ChatGPT better than the generative AI platform itself? This is exactly what we mean by supplementing your AI content with human oversight: no one knows your business like you do (or your content marketing agency).

How to Use ChatGPT

When utilizing open source AI for your digital content marketing, it’s important to understand how to leverage its capabilities effectively.

1. Use Open AI as a jumping-off tool to generate ideas.

Open source AI is best used to help kickstart your writing process, not execute the entire writing process. Provide clear and specific prompts to guide the AI in generating relevant content. ChatGPT’s output should be a starting point rather than a final piece.

2. Review all generative AI content for accuracy.

Maintain a critical eye and thoroughly review the generated content for accuracy, tone, and consistency with your brand voice. Make necessary edits and additions to ensure the content aligns with your objectives and resonates with your target audience. 

3. Utilize open source AI for keyword research and optimization. 

Extract valuable insights from the AI-generated content to identify relevant keywords and phrases that can enhance your search engine rankings. 

4. Bring human writers and editors into the process.

Embrace the collaborative nature of the ChatGPT app by involving human writers and editors who can infuse creativity, authenticity, and expert knowledge into the content. By combining the power of AI writing with human expertise, you can create compelling and high-quality content that drives results in your digital content marketing efforts.

Use Humanized Content to Develop High-Performing Results

Have you ever received an email with your name in the subject line or a newsletter closely tied to a topic you’d been researching? That’s a form of content intelligence. The epitome of content intelligence is the ability to take names or other information gathered about prospects and use that information to enhance content. 

Imagine being a decision-maker at a multifamily property interested in a third-party vendor company’s services. Wouldn’t that level of personalization, paired with an email that answers your questions, sway your decision to hire that company at your property?

Studies show that personalized messages can increase email open rates (17.6% open rate vs. 11.4% without personalization). This allows for more information to be gathered and improves your results. It’s a cyclical and powerful process. 

The most important thing is to ensure you’re utilizing all the right tools to inform your content. While you can provide ChatGPT prompts to include personalization in the AI-generated content output, the bottom line is that Open AI ChatGPT does not know your brand as you do. And, as mentioned above, it also doesn’t know your customers like you do. Take advantage of this knowledge and personalize your content for the best results.

What Are Good ChatGPT Prompts?

ChatGPT prompts are specific and provide sufficient context for the desired output. They should be framed as questions, statements, or instructions that guide the AI’s response in a targeted manner.

You want to treat this AI writing platform like an intern, providing clear instructions and not being afraid to give it additional instructions if you do not like the provided output.

For example, ChatGPT prompts that begin with phrases like “Can you provide insights on…”, “What are the benefits of…”, or “Please explain the process of…” tend to generate informative responses. Including key details, keywords, or specific parameters within the prompt can help guide the AI’s output toward the desired topic or perspective. 

Experimenting with different prompts and variations can yield diverse and interesting results, enhancing creativity and generating unique insights. It’s important to refine prompts, iterate on them, and critically review the generated content to ensure it aligns with your objectives and requirements.

Making the most of this technology is all about what you put into it. The better the input (prompts), the better the output (content). 

 Here are 5 ChatGPT prompts you should try out this week:

1. Website Copy: “Write me 5 new headline options for my website homepage that each focus on the different benefits of [company name] and [services]. Make the headlines punchy, engaging, and 8 words or less.”
2. Email Marketing: “Write a personal follow-up email template for when a prospect visits our website at [website link] but never makes contact again. Include a relevant CTA to get them to book a [meeting/demo/tour/etc.].”
3. Customer Support: “Write 3 follow-up responses for customers who leave bad reviews. Make each response different and focus on complaints about our [products/services], customer service, and [pain point], respectively.” 
4. Branding: “Write 2 options for a mission statement and 5 options for a company tagline that accurately reflects this company: [website link].” 
5. Content Generation: “Write a 1,000-word blog post about the benefits of using a [company name]. Focus the blog to highlight our [services] without sounding overly promotional. Include relevant keywords for SEO.”

Do I Still Need to Hire a Content Marketing Agency?

Hiring a content marketing agency remains essential. While open source AI is a powerful tool, a content marketing agency becomes an extension of your company, offering expertise, strategic thinking, and a deep understanding of your brand that open source AI cannot replicate (yet).

A content marketing agency collaborates with you to learn your multifamily brand inside-out, capturing its essence, voice, and values. They can personalize your content, crafting messaging that aligns precisely with your target audience’s needs and preferences. 

Our team of experienced content writers utilizes the AI writing platform to effectively use our client’s monthly hours, utilizing AI-generated content as a starting point for us to refine, polish, and add a human touch. 

This combination of AI and human collaboration allows us to generate content quicker and more efficiently, ensuring it meets the highest quality, accuracy, and engagement standards. 

Plus, studies have shown that extensive editing is often required for AI-written content. A study by iPullRank and MarketMuse revealed that less than 2% of survey respondents (fellow marketers) leave the AI content as-is after it’s generated. 98% edit the content for grammar, subject matter expertise, accuracy, and bias.

So, while the platform offers tremendous value, partnering with a content marketing agency takes your brand’s content strategy to the next level, ensuring a personalized, effective, and impactful approach that resonates with your audience.

The AI Writing Tool That’s Changing the Marketing Game

Incorporating open source AI into your digital content marketing strategy can offer speed, efficiency, and fresh ideas to enhance your content creation process. It empowers marketers to quickly generate a high content volume, optimize for search engines, and engage their audience effectively. 

However, while AI can produce blogs, emails, and even website content, it is not on par with humans in writing strong content. This is because AI cannot add the right context, elements of interest, or nuance to a story. 

The takeaway? AI and intelligence tools are growing fast, but they have not overtaken humans’ abilities when it comes to certain tasks.

Want to see the effect the human touch can have on your content? Book a call with Criterion.B now. We’ll get started on your customized strategy and show you how to BEAT your competition with real-life, human-generated content personalized to your business and audience. We’re ready to chat and answer your questions about our content marketing service.

Leveraging Emotion for Effective Multifamily Digital Marketing

In the swift-moving world of digital advertising, we are accustomed to swiping right and left (up, down, and around) through countless disruptive ads as we navigate our day. But let’s take a moment to swipe back to the soul of advertising and the emotional connections.

Every ad generates an emotional response, because everything we encounter in life generates an instinctive emotional response.

Today’s digital marketing world yields enormous ads at an extraordinary pace, often making it hard for the average human to digest even one advertisement. As promoters face pressures to meet deadlines and provide the lowest word count possible, the art of telling stories that inspire emotion seems to decline.

What does this mean for today’s digital advertising world in the multifamily market?

How to Use Emotion Effectively in Digital Advertising

Attention spans are shorter than ever. So, how do you slow someone down long enough to make an emotional connection?

Understand Your Target Audience

Before diving into emotional advertising, it is crucial to have a deep understanding of your target audience. Identify their aspirations, desires, pain points, and values. Conduct thorough market research, gather insights from existing residents, and create buyer personas to understand their emotional triggers comprehensively. This knowledge will serve as the foundation for crafting compelling digital campaigns.

Tell Authentic Stories

Storytelling is a powerful tool that appeals to emotions and establishes a connection with the audience. Rather than focusing solely on promoting features and amenities, weave captivating narratives that resonate with your target audience’s dreams and aspirations. Showcase real stories of residents and their experiences, highlighting how living in your multifamily community has positively impacted their lives. Authentic stories foster trust, create an emotional connection, and differentiate your property from competitors.

Evoke Positive Emotions

Tap into positive emotions that align with your multifamily community’s lifestyle and experience. Incorporate elements that evoke joy, excitement, comfort and a sense of belonging. Showcase vibrant and relatable visuals that depict happy residents enjoying the amenities, community events, or engaging in social interactions. By creating a positive emotional association, you can generate interest and enthusiasm among potential residents.

Inspire Word-of-Mouth

When people hear a great story, they look for an opportunity to tell it again — to someone new. (They might even tweak it just a little.) We like things that make us feel warm and fuzzy inside. And we even get gratification from passing that feeling along to others.

Would you be likelier to watch a video advertisement or a video your best friend shared on Facebook? Word-of-mouth is powerful; it slows people down and builds connections.

Capture Them in Three Seconds

It only takes a few seconds to set up a story, but that story could have lasting hours of impact and conversation. Capture your audience in the first three seconds; they may slow down their scroll long enough to tune in.

Address Pain Points and Offer Solutions

Emotionally-driven advertising also involves acknowledging and addressing pain points your target audience may be experiencing. Identify their challenges or frustrations when searching for an ideal living space and present your multifamily community as the solution. Highlight how your property addresses its concerns, such as security, convenience, community, or flexible lease options. By empathizing with their pain points and offering viable solutions, you establish an emotional connection built on trust and understanding.

Utilize Compelling Visuals and Design

In the digital realm, visuals are crucial in conveying emotions effectively. Incorporate high-quality, captivating imagery that showcases your multifamily property’s ambiance, aesthetics, and unique features. Infuse the visuals with warmth, comfort, and elements that resonate with your target audience’s desired lifestyle. Additionally, pay attention to the design elements of your digital ads, ensuring they evoke the intended emotions and are consistent with your brand identity.

Incorporate Calls-to-Action (CTAs)

While emotional advertising focuses on forging connections, it is essential to guide potential residents toward taking action. Include clear and compelling calls to action in your digital ads, inviting prospects to schedule a tour, request more information, or explore available floor plans. Combining emotional appeal with actionable next steps increases the likelihood of converting prospects into residents.

Forge Deeper Connections in Digital Multifamily Marketing

In the digital multifamily advertising landscape, leveraging emotion is a powerful way to connect with your target audience on a deeper level. You can create impactful digital campaigns that resonate with potential residents by understanding your audience and telling authentic stories. Harnessing the power of emotion in your advertising efforts will differentiate your multifamily community and foster a genuine connection that drives conversions and long-term resident satisfaction.