If not, you should be. By setting up a lead feed system, you can automatically import sales leads into your CRM (customer relationship management) software, such as SmartTouch, BrightDoor, Focus 3, Lasso, TopBuilder Solutions, Salesforce and more.
What is the benefit of a lead feed?
No-one in your office has to manually input sales lead data, your sales team will have instant access to lead information, and new leads can be added to your automated drip campaign, allowing your team to act faster. The longer you wait to connect with the individual inquiring about your community (aka sales lead), the probability of engaging with them decreases.
Research conducted by SmartTouch shows that contacting a lead within 10 minutes has a 98% probability of engaging in conversation. After 24 hours, there is less than a 50% probability and after 48 hours, it drops to 5%.
How does a lead feed work?
Once a sales lead is generated from a form submission on your website, the information provided by your prospect automatically imports into your CRM software. Depending on the information your form asks for, this may include contact info, user comments, demographic data and lead source. All you have to do is have your technical person set up the feed in your CRM software.
And, if you are considering a new CRM, here’s a list of CRMs popular in the master-planned community niche.
An April 2015 study by PrivateCommunities.com analyzed 152 master-planned communities to understand how communities are using social media, including:
- Channels used
- Audience size by channel
- Posting frequency
- Content shared
Summary of Findings
Nearly all communities are using Facebook. Most have a Twitter account, a YouTube channel, and a blog as well. Meanwhile, Pinterest, Google+, Flickr, and Instagram are used by only a small percentage of communities.
Communities reach a larger audience on Facebook than on any other social media outlet. Meanwhile, those communities which participate in the less popular social networks have only a small following there – generally, only a few dozen to a few hundred people.
Of the 152 communities studied, 97% have a Facebook page, making it nearly universal as a social media platform. The number of page likes, or Facebook fans, ranges from 45 to over 55,000. The average community has 2,725 likes.
A look at types and quantity of Facebook posts revealed that communities post on average 4.5 times per week. Over the course of one week, the average community posts three photos, 1.5 links, and less than one video, text-only, or event post.
Communities post photos of the community itself, photos of recent events and activities, information about the community and upcoming events, and news regarding property listings and real estate sales. Lifestyle articles, community news, clubhouse menus, and holiday-related posts were also commonly shared.
While pages with more “likes” (fans) typically see more audience engagement on their posts, some pages with a large number of fans receive surprisingly few likes, shares, or comments on their posts, indicating either poor organic reach in the news feed, or, perhaps, that the page’s fans are relatively uninterested in the community. In some cases, the engagement is so low that it appears many of the fans were bought (from a service which sells fans just to boost the number of page likes).
St. James Plantation has a large following, posts frequently, and publishes content designed specifically to solicit responses from the audience, such as a photo accompanied by a question. When people “like” a post or comment on it, this causes the Facebook news feed algorithm to push that content out to the friends of those who “liked” or commented, thus giving the community more exposure than if no one had engaged with the initial post.
82% of communities allowed visitors to rate and review the community on Facebook. To enable ratings and reviews, a page must be part of the Local Business category and provide an address.
The average community tweets 8 times per week.
The average community has 780 followers. Of the communities studied, John’s Island Club has the most, at 8,000+. Posts by John’s Island Club include home listings, articles about the community and its location, open houses, and #TBT (“Throwback Thursday”) posts with vintage articles from the community’s magazine.
While the average community has only 69 YouTube channel subscribers, this can partly be explained by the fact that videos are often viewed from an embedded location, such as the community’s website, rather than on YouTube itself, thus the option to subscribe isn’t always available.
Unsurprisingly, channels with high-quality videos—and more of them—have more subscribers. A good example is St. James Plantation.
The average number of Pinterest followers is 201.
Pinterest is commonly used to display things to do both within the community and in the surrounding area, show home models, décor ideas, food, and weddings celebrated on the community’s premises. Nocatee has one of the higher follower counts, at 447, and actively pins their blog posts, photos of community amenities and events, videos of events, and all things related to the Nocatee lifestyle.
The average community using Google+ has only 55 followers.
Marina Palms Yacht Club and Residences has 137 followers yet 133,617 page views. The page views number is deceiving: It’s the total number of views on a Google+ user’s profile, posts, photos, and videos. This includes content being seen through reshares, +1s, and posts embedded on other websites.
Communities are using Google+ to display real estate and developer news as well as property listings and awards.
We’ve included Flickr as a social media channel, because Flickr is social in the sense that users can comment on photos and follow other Flickr users’ photo streams. However, we observed that communities are not leveraging the social aspects of Flickr or engaging in conversation with Flickr users, but using the site strictly for its photo hosting functionality.
Brunswick Forest displays over 19,000 photos highlighting life in the community.
Only 15% of communities are using Instagram, making it the least popular of the social media platforms included in this study. We found this surprising because Instagram is one of the most popular social media outlets in the United States, outpacing Twitter. However, some communities may choose to not use Instagram because it is known to have a fairly young demographic.
The average community using Instagram has 1,116 followers.
And among communities on Instagram, the frequency of posts is low – about 3 times per week.
Instagram is popularly used for its “filtered photo” capabilities. Also, communities often share their Instagram photos simultaneously on Facebook.
Among the communities studied, Palmetto Bluff has the most Instagram followers, at 2,600. Palmetto Bluff shares photos of such things as chef specials, event advertisements, community amenities, and home listings.
55% of the studied communities have a blog. “Lifestyle” content seems to dominate most communities’ blog posts, including articles related to retirement and health.
Few blogs receive visible interaction from readers. This can be attributed to the fact that readers are often forced to create an account and sign in order to leave a comment, which is a huge barrier. In some cases, no comments are allowed.
Some communities branded their blogs by naming them and creating identifying banners, including Reynolds Plantation’s Reynolds Living Online Magazine and Old Palm Golf Club’s TeeTimes.
While communities show a significant effort to be present in social media, most have few social media followers overall. Also, among the followers, it’s hard to know what share are real estate prospects, residents, people who simply attended an event at the community, or something else.
Overall, it seems that whether by choice or not, few communities are using a broad range of popular social media channels effectively. Most are focusing their efforts on a few channels. It’s worth remembering, too, that social media is just one of many investments communities make to reach an audience online.
In conclusion, it’s clear that some communities do well in one particular social channel or another, but overall, social media has not proven an easy way to connect with thousands of people who could be interested in the community.
What do you think about these findings? Please share your comments in the box below.