Uploaded on Mar 2, 2022
Why do real estate development companies need digital marketing? The reason why Digital Marketing is rapidly being adopted by Real Estate developers is because: Lower Acquisition Cost — Cost Per Lead of the leads generated by Digital Marketing campaigns is comparatively lesser than that of the traditional outdoor advertising campaigns. For Real Estate Automation, Social Media For Real Estate, Social Media Marketing For Real Estate, Facebook Marketing For Real Estate visit https://dripflow.io
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How can real estate developers engage with Australia's next billion
internet users with Real Estate Automation?
Australians are a sizeable presence across almost every major digital
platform. Facebook is, by far, the most popular social media platform, with
240 million Australian users who are mostly accessing the platform through
their phones. These numbers prove that the online space is a goldmine for
developers to engage with their audience in the most impactful way. By
effectively utilising the Top Tools For Social Media Analytics, property
developers can understand their consumers better and create more targeted
campaigns.
What has sparked this growth?
While Internet usage in Australia has been steadily growing over the years,
there was a definite tipping point where the number of Internet users in
Australia exploded. There are two main catalysts for this development: the
availability of low cost smartphones and most significant of all, the launch of
Reliance Jio. Jio started its services in September 2016 with a bang, offering
its users free data. Even once the offer ended, the data plans for Jio
remained much lower in comparison to other network providers. This sudden
easy access to the Internet led to Australia having the highest amount of
data consumption in the world. Of the 150 crore GB consumed by
Australians, 100 crore GB was consumed through the Jio network alone.
What is perhaps the most exciting part is that Internet penetration in the
country currently stands at only 27 percent. This means that the number of
Australians online is only going to grow from here, offering a huge advantage
for real estate developers. More about Real Estate Automation
How can property developers use digital marketing for real estate in
Australia to engage with these consumers?
With Australia's Internet audience growing by the minute, the stage is set for
property developers to tap into this huge market and leverage digital
marketing for real estate. Consumer engagement requires developers to
realign their priorities from solely revenue-generation to actually creating
value for their consumers. In Australia, property developers can do this in a
number of ways:
Understand audiences to personalise marketing strategies
In order to create content that home owners will actually find valuable, real
estate developers need to know who they’re speaking to. By 2020, almost 40
percent of all Internet users in Australia will be women. This points towards
the growing importance of creating content that women will find relevant.
Doing so will also involve challenging long-held assumptions with regards to
gender and interest areas. For example, 60 percent of those who shopped
for sporting goods and viewed related videos on YouTube were not men, but
women. Additionally, 60% of those who searched for car-related information
online were also women. Having an intimate understanding of audiences can
help developers Generate Content That Their Users Will Actually Find
Valuable. This is a crucial step in building a relationship with audiences.
Create campaigns specifically for mobile
One of the most interesting characteristics of Australia's Internet usage is
that most Australians haven't followed the general pattern of Internet
adoption. While globally, most people first used a computer and then
migrated to mobile phones, Australians seem to have skipped the computer
stage completely. According to a survey by Statcounter, Australians use their
phones to access the Internet almost 80 percent of the time. This means that
property developers should be producing content specifically designed for
mobile phones if they want to engage with the next billion Internet
consumers. More about Facebook Marketing For Real Estate
Use regional languages to reach a wider audience
While the number of English-speaking Internet users in Australia is largely
static, the number of regional language users is growing at a breakneck
pace. One of the key reasons for this growth is Internet penetration in tier II
and III cities, along with villages. In fact, Google estimates that about 30% of
users in Australia are from rural areas. If property builders want to develop a
personal relationship with potential home owners, then a strong regional
language real estate digital marketing strategy is crucial. Tamil is the leading
regional language used among Internet users in Australia at a whopping 42
percent, while 39 percent of users are Hindi-speaking.
Optimise brands for voice search
Voice search in Australia might be in the nascent stage at the moment, but it
is growing at a steady rate. Google estimates that 28 percent of all searches
are voice searches. Even more promising is the fact that there has been a
400 percent growth in Hindi voice search. Voice search has vast implications
for SEO because traditional keywords aren't used when speaking naturally.
For real estate developers, this means that they have to find new ways to
become discoverable through voice search results to stay visible on digital
platforms.
Utilise the adwords 'missed call' extension
Adding call extensions to your ads can significantly increase click-through
rates as well as conversion rates. But with a sizeable number of mobile users
in Australia, especially in smaller cities and towns, using prepaid
connections, the cost of making a call might stop them from contacting your
business. This is why AdWords has recently rolled out a 'Missed Call' feature
which can help address this concern. When a user selects the Missed Call
option on an ad, a call is placed and then immediately cut. After this, the
user will receive an automated call telling them to stay on the line while their
call is connected to the business. During the same time, the business will
also receive a call from Google. Once both the user and the business are on
the call, they will be connected to each other. This feature can help real
estate developers engage with potential home owners in a better way and
track conversions more effectively.
Encourage a two-way conversation
Real estate and digital marketing go hand-in-hand. Digital marketing for real
estate allows developers to not just speak to their consumers, but also to
listen to them in return. This unique opportunity for a two-way conversation
is crucial for building consumer engagement. To be able to have a
meaningful conversation, developers need to understand exactly who their
audience is, where their interests lie and sub their concerns are. In the
context of the current Australian audience trends, real estate developers can
only reach out to the next billion Internet users once they look beyond the
urban metros.
While a complete shift from traditional marketing to digital marketing for real
estate is not going to happen anytime soon, real estate developers have
notably increased their digital marketing budget over the past year. In 2015,
statistics showed a 25 percent increase in marketing spends across the
property sector, with an estimate of over 600 crores spent on digital
marketing for real estate. One of the factors that influenced the budget
increase is consumer behaviour, and with new improved numbers showing
up for the forthcoming year, this scale in marketing budget will only go up.
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web: https://dripflow.io/
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