It’s one thing to build a website. Unfortunately, unlike the late 80’s iconic baseball film Field of Dreams, the mantra if you build it, they will come, just doesn’t hold up in the online world. Getting people to your website is a lot of work. I repeat: A. Lot. Of. Work. When it comes to a home builder website, you can expect – to some extent – to drive traffic via existing marketing efforts you’re already undertaking (billboards, print ads, etc.), but what about driving new buyers and new eyeballs? After all, 90% of buyers go online when looking for a new home, according to the National Association of Realtors annual study. So how do you connect with the segment of buyers you’re not already connecting with via your existing marketing efforts. Or what if you’re a small custom builder with no major marketing campaigns to begin with? After all, billboards, print advertisements, direct mailers, many times these are simply cost prohibitive for small home builders. So with all of this in mind, it’s critical to understand not only the role of your own website in your overall sales and marketing strategy, but also the role of others.
Let’s start with the role of your own website…
On the surface it’s pretty straightforward: to provide an overview of your company, your communities, move-in inventory homes and floor plans, and to sell people on why their next new home purchase should be from your home building company. It also might be about reinforcing certain information communicated to them via a sales rep at your company or a marketing piece you released. But when it comes right down to it, what your website is really about (or should be) is about motivating buyers – to take action in some form. In this sense, the purpose of your website is to showcase your company in a light that optimizes your chances of converting visitors into taking this action. After all, your website should do more than passively broadcast your company to the home buying public. Your website should be about engaging home buyers – about promoting a point-of-view, a value proposition, a lifestyle, something that connects with your visitors and transforms a passive experience into something engaging and interactive, whether it’s a phone call to your sales center, a visit to a model home or an actual purchase. I think Schell Brothers (a client of ours) does a great job.
So what about other websites?
When it comes to other websites, it’s all about two things: distribution and return on investment (or ROI). Now that you’ve settled on the content to include on your own website (content that motivates buyers to take action), how do you distribute that content across the web? What’s the cost and are you seeing tangible results that justify/support that cost? (after all, if you are, then it’s no longer a cost, but rather an investment). The last piece to consider, and one that is often overlooked in the cost category, is the notion of non-monetary costs. For instance, is the distribution channel consistent with your brand? If you’re selling million dollar homes, then the overall cost to your brand from associating with a spammy website, well it might not be worth it, even if you have seen some direct results (read: maybe you got a few leads, but how many potential leads will I now not see because of the negative brand sentiment resulting from that association?). But let’s say you’ve identified some great sites to get distribution. Some great sites that make sense from a cost/benefit standpoint, that are consistent with your brand, and that will help you drive more home buyers to your new home listings and your own website. Then syndicate baby!
Some great places to start are obviously Facebook and Twitter. After all, they’re free. But that’s just a start. Sites like Facebook and Twitter suffer some of the same problems that your own website does. That is, they require, on the part of the home buyer, specific intent to view your information and your information alone. What about home buyers who have no idea who you are? Or home buyers who are more interested in a particular location or price point than a specific builder? In these cases, aggregator sites are your best option. Now now, I know what you’re thinking: why the heck would I voluntarily syndicate my content to an aggregator listing website? After all, doesn’t that mean my information is going to be displayed beside my competitors information? Sure does. Is this a bad thing? Absolutely not!
Think about the last time you ordered a plane ticket, rented a car or looked for chinese delivery near your hotel on a business trip. What does this have to do with selling new homes? Well, first of all, your’re taking off your builder hat and putting on a consumer hat, and that’s critical when it comes to marketing. Once you can get in the minds of consumers, and what they want, and what they need, you can start to make smarter marketing decisions. Second, there’s a lot to be learned from the consumer decision-making process in each aforementioned buying scenarios. With the plane tickets or rental car purchase, chances are you used an Orbitz, Kayak, CheapTickets, etc. For the chinese you probably used something like Yelp to quickly find what’s nearby. And in each instance, the only thing worse than being listed next to your competitor, well, is not being listed at all. The reasons why people gravitate toward these decision making tools are pretty obvious (convenience, convenience, convenience) and it’s nothing groundbreaking or new. It’s the same reason that auto dealerships are generally all located in close proximity to each other in any given area. The point is this though: you can’t be afraid of your competition. Hiding is not sustainable in the long run, and even if you try, you can guarantee yourself that any potential home buyer of yours is going to compare you against your competition anyway, whether you like it or not. So pin-point your point-of-differentiation, whether it’s price, quality, location, customer service, or whatever else you believe it to be and confidently and proactively go after your home buying customers, where ever they may be! And sell some more homes!
Where to start? There are sites like Trulia, Zillow, Google Base and others out there for you to use for distribution. NewHomeSource is a website exclusively for new homes. And of course, there’s the website that I’m working on full-time,Homeboodle.com, which is a combination of the two: a consumer destination site for new homes, a syndication tool for getting your content to sites like Trulia, Zillow and others, and also a CMS/CRM tool for managing all of your marketing and customers. See what works best for you, what best fits your budget, and what is going to best help you sell more homes, because after all, that’s what it’s all about!
Thoughts? Suggestions? Questions? Would love to hear them!