With an uncertain market and unstable economy, it is understandable to save resources and assets, but is that necessary? Birds alike often flock together but not now. Amidst the economic crisis, companies have naturally inclined a pullback on marketing and sales. Whereas, an economic crisis is meant to be challenging but it also comes bearing an opportunity for the marketing sector while the competitors are flocking away.
Looking through the lens of the Real Estate sector, it has seen various crises such as the financial crisis of 2008, implemented reforms of demonetization, RERA, GST, IBC, and subvention scheme ban, and yet it found ways to emerge. But the COVID 19 impact has juxtaposed a catastrophic financial crisis and a human health crisis concurrently at a global level.
Even though the world is facing such uncanny circumstances, it still has not stopped the world from revolving. Apart from Travel, Hospitality, and Retail sector every other sector including Real Estate must revolve and evolve by looking at the positive side of Post COVID 19 with investing in Digital Marketing now more than ever.
Here are a few ways as to how Digital Marketing can transform the Real Estate industry for a post-COVID-19 future:
Instead of facing the downfall of the crisis, real estate needs to rise by shifting its marketing strategy to the digital platform and invest in campaigns that exhibit, produce, and distribute your essence to the audience.
Exhibition - Maintaining a level of brand awareness is a priority for every Real Estate company as it lets them exhibit their message to customers on COVID measures, social initiatives, CEO messages, project features, construction status, lockdown offers, and opportunities.
Production - as construction sites have begun to function, it is the company's responsibility to assure the audience that they follow precautions and safety. Digital Marketing helps companies to fulfill this responsibility by social media digital marketing and assuring the production of their project site is working under safety precautions and social distancing. Companies can gain the trust of their audience through spreading such deeds through digital platforms.
Distribution - In the current lockdown situation, real estate has faced a drop in inquiries and a decline in property visits, which is not hampered due to the digital marketing sales process that moved the entire consumer cycle process online - from inquiry to booking. Companies who have adopted digital modes of marketing are distributing their projects with live tours, refunds, and online portals to buy a home online.
It is a known fact that inevitably some will rise and some may fall during this pandemic. Real Estate Companies need to keep their marketing strong vis-à-vis digital marketing that will make the company come out of this downturn more prominently than before.
Accept Change - To survive, the real estate companies need to accept the shift of traditional to digital marketing in this wake of COVID 19 as it will transform the company’s presence and functioning. As real estate digital marketing lets you share 360 views, live walkthrough videos, construction sites, etc, and encourages your customers to be more digitally attached.
Outreach - Companies must not risk their digital presence and lose grounds by pulling back spends. A digital marketing agency will help the company with creating a firm stance only if companies keep spending on marketing channels as there is nothing to lose but surely more to gain.
Cost-Effective - Digital Marketing is less expensive than other traditional marketing tactics, a sizable and impactful online effort on the company profile can be done more quickly and cost-effectively than an offline campaign. Realatte as a real estate marketing agency can help your company create assets of Social Media Posts, Emailers, Landing Pages, and Corporate Sites at the best rate.
Best Opportunity to Capitalize on Google Search:
These are users actively looking to buy a property. Recommended to be online with Brand, Competition, and Core Location Keywords as due to lower competitive bidding it is time to be active on Search.
Low CPL on Display / Facebook Campaigns:
As all digital platforms work on bidding models, due to reduced advertisers in the pandemic, CPLs on Facebook are quite its half which benefits new companies to advertise their business.
High Conversion Rates - Landing Page conversion rates are one of the defining factors of a successful campaign. A real estate website development company can improve your overall optimal results.
Sales and Marketing - Sales can function with digital marketing and each audience by showing them how their company stands within the bigger picture of surviving and growing Post COVID 19. Through the use of digital portals and the emergence of booking homes online, with the use of digitalization sales teams must generate inquiries on the incoming leads and reach them when the lockdown lifts.
Content Marketing - Content marketing and search engine optimization need to share grounds by sharing your company’s value and service to the audience. Take the content-based approach to meet consumer needs and respond to real problems by focusing on solutions that your company offers during the crisis.
In an economic crisis, people tend to return to brands they know and trust. Marketing budgets may now differ as real estate companies will look for more cost-effective ways to reach their target audiences. Expect to transform from traditional marketing to digital marketing as it will effectively scale up the advertising ratio. With adapting digital marketing, real estate will not only transform in marketing but also projects and service offerings.
In the COVID 19 infused lockdown businesses have to find ways to function. Be it commerce or eCommerce, businesses can engage effortlessly through an array of digital marketing strategies but one finds maximum customer engagement over Social Media Marketing.
Why Social Media Marketing?
Social Media Marketing uses social media applications to connect such as Facebook, Twitter, LinkedIn, Instagram, etc to help you grow and expand your business. Due to COVID 19, Gold industry, Hotel industry, Manufacturing industry, Stock market, and Real Estate - everyone owes it to the Social Media as it benefits them in,
Don't let your business be sidelined. Practice Social Distancing personally and let your Business practice Social Media Marketing with - Realatte. A real estate marketing agency that serves creative content led by a strong social media digital marketing team.
In the technological advances of the 21st century, it has led to the emergence of digital marketing as an essential tool for connecting any nominal thing to the internet be it smartphones, cars, or real estate. From a time, real estate builders and owners have embraced real estate digital marketing as it provides company advancement, work efficiency, and sustainability.
There are paid digital media channels used by marketers to gain the desired outcome from the audience and the marketing plan is entirely based on these channels such as Pay-Per-Click Advertising (PPC) which is effective and one of the quickest ways to gain the attention of potential buyers. Social Media Marketing SMM in digital marketing is affordable yet also is a profound way to gain potential buyers.
Apart from them, Online Public Relations are used to establish a mutual understanding between the organization and the audience. Email Marketing has also been steady as it is reliable. Whereas, Content Marketing is just ruling over any other paid media channel. Affiliate Marketing and Display Advertising have their perks too.
Each paid digital media channel is a puzzle piece that if brought together can complete the whole marketing plan. But, which is the most effective of them all?
Most of these days, businesses have gained insight into how digital marketing works and have begun to invest but only in digital media channels that would be most effectual for their company. Besides paid channels and social media digital marketing, the most effective paid digital media channel to choose would be Search Engine Optimization (SEO).
Effective pricing is one of the main reasons as to why SEO is preferred. SEO only targets the audience who is currently active and looking for the subject. Thus, the traffic generated is quite qualified and reliable rather than other marketing mediums which is why it is – beneficial.
Paid for brand awareness is the ultimate goal. As the information provided on the website is positioned at the top which equates its significant impression and leads to more brand exposure. The outmost appearance and display inherits confidence and therefore gains the trust of the audience.
Digital reckoning of leads through ROI that provides trackable numbers rather be an e-commerce or commerce site. There are no misgivings when it comes to ROI as marketers can track every ounce of ranking, web traffic, and conversion. ROI, therefore, gives the insight to calculate and value your SEO functions.
Media offers enhanced traffic from SEO as positioning the search engine result pages at the top receives the majority of clicks by the audience. Focused and relevantly created title tags and meta descriptions are presented by SEO marketing agency with keywords that show results enormously.
Channel lets you increase the site usage as SEO not only shows efforts but also helps the website to be more navigable for users. This turns out easier for search engines to reach out and find but also makes users engage in relevant information on the website
Simply put, SEO is not just a process of optimizing your website but also attaining quality and the quantity of traffic to your site. It requires some time and investment to set up but once settled it ensures quality content and outcome. That is why SEO is always a charmer and is the foundation of any business marketing plan and the most effective paid digital media channel among others.
The influence of COVID-19 has impacted countries all around the world. During this suggested social distancing and lockdown, usage of digital mediums has been drastically changed and so has the digital marketing sector. Digital Marketing has seen massive ramifications and has evolved new strategies with an unstable economical state that needs to evolve now more than ever.
Enhanced Online Methods
Altered requirements of buyers have now gained focus on digital platforms. Companies have begun providing visual representations of their product to give real-life experience to the buyers. In the real estate sector for instance, site visits are not possible due to the lockdown. So, companies have integrated online booking options for homes with a limited period discount that has led buyers to invest in real estate through online procedure.
Digital experiences replace in-person experiences
As going through quarantine, buyers are not able to go for on-site visits. Despite the lockdown, visual representation has increased. In such proceedings, companies have developed ways of walkthrough videos and 360 views. Digital Marketing gains exposure this way by creating a digital experience and giving real-life assurance.
Detailed Marketing
During such a crisis, the role of digital marketing seems necessary. However, it has opened new doors in engaging with supportive audience engagement in new ways. Such as relying on real-time data and providing required information about the targeted audience, assisting brands, and creating informed interactions. The audience requires relevant insights from a real estate marketing agency that assures the company’s online marketing regardless of distance, device, or experience.
Innovating Content
With such circumstances, marketers have begun focusing on innovative content to attain the audience’s attention. As staying home leads to more usage of social media, marketers must proactively reach out to them through social media digital marketing.
Evolution of Marketing Strategies
It is a challenge to meet the needs of the audience when there are constraints of limited resources and social distancing. Organizations, especially e-commerce have online delivery issues and running out stock giants. For, commercial sector marketing efforts need to be reframed through the lens of COVID-19 by providing a broader impact. Focus is shifted to an increase in connectivity and keeping the services running digitally. Thus, SMM in digital marketing becomes a plenary focus for retail companies. This leads to the point discussed earlier as visits are enabled, the virtual community created online mixed with creativity lets the audience have a realistic alternative.
Focus on Audience
Marketers must focus instinctively on the audience if they are rightly informed and reassured. Being attentive to this can build a strong base for the company’s future ventures. In such an economic crisis, gain the audience’s attention by showing your effort to ensure that the company delivers the best experience.
Devoured Challenge
The current challenge for the marketers is to engage with the audience not to sell but to maintain and assure them to stay. Building visibility and getting acknowledged by the audience is what counts. Apart from just gaining the client’s audience, digital marketing agencies must ensure their client the same way by creating high-end engaging strategies and adapting the competitive advantage of the market.
Moreover, we at Realatte as a real estate digital marketing company are rapidly adapting and absorbing the market situation and expanding our strategies based on them. While things might seem in a loop, our marketers are reckoning that focusing on the audience’s assurance can lead to later acknowledgment.
Predictive Marketing
Marketing today can be predicted based on abundant available data. People today engage with consumer products and brands over several open portals. To understand the product better their search patterns and choices become raw data. Thus consumer fed content is extremely unstructured thus predictive marketing enables structuring these interactions, analyzing the existing data patterns, and anticipating results accordingly with a lot of R&D.
Many directly consumer dependent industries have invested heavily in this technology, to predict the sales or to determine the expected number of guests on a particular day or event to increase their booking rate in case of hotels or resorts.
However, the innovative ways of developing the predictive strategy have emerged largely due to the rise of the digital marketing agency. Ecommerce businesses can look past their purchase history, consumer preferences, and click-through behaviors. They are capable to leverage predictive data to the extent of influencing buyers as they not only recommend new products but also a personalized retail experience for their shoppers.
Simpler Ads
Ads on Google and Facebook have topped the digital ad medium. Their focus in 2020 is getting their trusted brands with the best possible returns. Through the smart bidding option both giants are getting creative with new options. For example, Google recently announced auction-time bidding which is smarter automated bidding which uses machine learning to augment the target on the selected performance in every auction. However, to bridge the gap between local experiences and advertisers, Google and Facebook will also be offering more local business and event-based ad support.
Clever Shopping Posts
In the year 2020 easy shopping posts on social media will witness maximum response primarily because of their easier, out of the box integrations with third-party apps and eCommerce marketing tech. With the increased number of Facebook, Instagram, and Pinterest users growing and buying impulses are triggered through feeds and stories. Ecommerce businesses are therefore realizing the impact of social sites on their sales with measurable numbers and increased traffic. Moreover, interactive ads can minimize recoil rate and decrease the sales funnel as customers are provided with a seamless online shopping experience.
SEO Data Structuring
Google has been highlighting visual search through snippets across all their platforms and devices, which allow visitors to get all the information they are looking a lot faster and help them decide on the right website to click through, right from the top results. This effort by Google will drive more informed click-through and will decrease bounce rates dramatically. The technical implementation of these rich snippets is a big part of what is called structured data and “Schema Markup” which is expected to become the top focused talks of SEO marketing agency in 2020.
The good thing about Schema Markup is its simplicity of adoption and out of the box plugins for main-stream platforms, this makes it easier to configure without technical know-how.
Interactive Emailing
More engaging emails have been one of the biggest trends in digital marketing for 2019. Emailing has been a prominent method and is going to sustain itself for a while evolving with better design and delivery. In the upcoming year, we will be able to witness more plain text emails and more interactive email. These engaging emails will have dynamic content that boosts the user’s actions right from their emails instead of having to visit another page to take action.
Social Messaging Services
It has been researched enough to conclude that Marketers prefer the convenience to transact directly from their preferred messaging channel. Since buyers are all scattered across the web on several online portals, the messaging apps are seizing this opportunity to make business. They are providing new APIs to open messaging between businesses and consumers.
Apps like Whatsapp, Facebook Messenger, and WeChat, are more open approach with flexible APIs for fledged marketing tech available on the market.
The total numbers of users on these 3 interfaces are much larger than any; therefore, many businesses are employing these engaging messaging platforms. Through these mediums they are effectively communicating with their audience with improved personalized strategies. Also, customers who have inhibitions related to anonymity feel much secured with direct interactions using their preferred channel.
With these 5 popular strategies Marketers achieve consolidated tools and out of the box campaigns, which can be deployed for your product by ingenious Digital Marketing Strategies created by real estate digital marketing companies like Realatte. We make your advertisement organic and easy to comprehend with impeccably devised content. With a constructive approach, campaigns by Realatte include these methods and many more to create goals for enhanced business within less time. Thus decreasing the cost and improving consumer focus.
If you are finally convinced to trust social media to enhance your business and take a leap forward you will have to invest in the right social media sites. Though this may hardly cost much comparatively yet the ROI provided is substantial. Since the world is growing closer more and more every day, social media digital marketing is the right platform and a prudent choice.
Your objective for choosing social media sites to invest in will also be based on its outreach to customers. As more viable and user-friendly medium largely helps in influencing purchasing decisions by potential buyers.
A large percentage of SMM in digital marketing has been acquired through many businesses by using Facebook, Pinterest, and Instagram. Consumers today vehemently purchase from businesses on social media and also prefer to buy from companies that are using social media due to easy product reviews and brand recommendations by other users. Thus, money can certainly be made by deploying the right social media platform.
Today we’re going to touch on the top 9 social media sites for business to help business owners gain profits
So those are the top 9 social media sites for business which will surely give impetus to your work. A real estate digital marketing company like Realatte has the technical know-how and the content strength to use these mediums instrumentally as a catalyst to increase your business with negligible investment as compared to returns.