The Voice of Orange County
Real Estate News, Market Reports, Green Tips, Oc Events & Everything else in Between ~ Brought to you from your local Broker, Michael Caruso
Wednesday, August 20, 2014
Friday, November 30, 2012
Caruso's Friday Funny
Ho! Ho! Ho! Even Santa played…
The only real mistake is the one from which...we learn nothing. ~ John Powell
So… this year, I’ll try to do my Christmas shopping early instead of waiting till last minute!
Happy Friday, Everyone!
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info on Our
Marketing Plan
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 495-8600
Wednesday, October 3, 2012
Spooky and creepy Halloween decorations don’t help to sell homes...
Not everyone coming to your home is a trick or treater...some may be Buyers! So make your home festive but inviting, this holiday season.
With Halloween less than 30 days away it seems that many homes are getting decorated for the holiday. However, if your home is on the market, the less you decorate the better. Less is more.
Follow these simple rules for decorating and you can still have a Happy Halloween and get your home Sold!
• Do not decorate the exterior of your home with spider webs strung from tree to tree or draped over shrubs. No scary witches, ghouls or bats hanging from the front porch. No signs pointing to the haunted house or dungeon. Most importantly, do not build a cemetery in your front yard! No tombstones, crypts or skeletons should cover any part of your yard. Keep it happy not creepy. Many buyers can’t seem to look past the decorations, and if the decorations make their kids cry, they won’t stay long enough to see the home.
• Less is more. Limit yourself to just one room if you must decorate and keep it simple and happy.
• If you have an annual haunted house or birthday party planned, perhaps you should decorate a few days before and Hold all showings until after Halloween. Lastly, makes sure you put all decorations away and clean up the yard the following day. Your home should be timeless and have wonderful curb appeal.
Make the home look happy and inviting and it just may sell on, October 31st!
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
With Halloween less than 30 days away it seems that many homes are getting decorated for the holiday. However, if your home is on the market, the less you decorate the better. Less is more.
Follow these simple rules for decorating and you can still have a Happy Halloween and get your home Sold!
• Do not decorate the exterior of your home with spider webs strung from tree to tree or draped over shrubs. No scary witches, ghouls or bats hanging from the front porch. No signs pointing to the haunted house or dungeon. Most importantly, do not build a cemetery in your front yard! No tombstones, crypts or skeletons should cover any part of your yard. Keep it happy not creepy. Many buyers can’t seem to look past the decorations, and if the decorations make their kids cry, they won’t stay long enough to see the home.
• Less is more. Limit yourself to just one room if you must decorate and keep it simple and happy.
• If you have an annual haunted house or birthday party planned, perhaps you should decorate a few days before and Hold all showings until after Halloween. Lastly, makes sure you put all decorations away and clean up the yard the following day. Your home should be timeless and have wonderful curb appeal.
Make the home look happy and inviting and it just may sell on, October 31st!
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info on Our
Fall into Fall Marketing Plan
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
Saturday, August 18, 2012
Caruso's Green Tip of the Day!
With summer’s warm temperatures in full swing, it becomes even more important to be mindful not to waste water – as the average MNWD customer uses 70% more water during the spring & summer months. Here's an easy way to use water more efficiently.
Do you know how often your irrigation controller is set to water your landscaping? Could your sprinklers be running in the middle of the night or while you're at work & you not know it?
Did you know most lawns only need a maximum of eight minutes of watering four days per week to stay green this time of year. Make sure you also verify that the back-up battery is working so your controller doesn't default during the next power outage. And now you know!
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info on Our Fall into Fall Marketing Plan
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
Tuesday, July 31, 2012
Thursday, May 24, 2012
Caruso Funny ~ Dark in Here
A woman takes a lover home during the day while her husband is at work. Her 9 year old son comes home unexpectedly, sees them and hides in the bedroom closet to watch. The woman's husband also comes home. She puts her Lover in the closet, not realizing that the little boy is in there already. The little boy says, "Dark in here." The man says, "Yes, it is." Boy - "I have a baseball." Man - "That's nice." Boy - "Want to buy it?" Man - "No, thanks." Boy - "My dad's outside." Man - "OK, how much?"
Boy - "$250"
In the next few weeks, it happens again that the boy and the lover are in the closet together. Boy - "Dark in here." Man - "Yes, it is." Boy - "I have a baseball glove." The lover, remembering the last time, asks the boy, "How much?" Boy - "$750" Man - "Sold."
A few days later, the father says to the boy, "Grab your glove, let's go outside and have a game of catch. The boy says, "I can't, I sold my baseball and my glove." The father asks, "How much did you sell them for?" Boy -"$1,000" The father says, "That's terrible to overcharge your friends like that. That is way more than those two things cost. I'm going to take you to church and make you confess." They go to the church and the father makes the little boy sit in the confession booth and he closes the door.
The boy says, "Dark in here." The priest says, "Don't start that shit again; you're in my closet now."
ha ha ha! Enjoy the rest of your day!
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info on Our Summer Lovin' Plan
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
Tuesday, April 17, 2012
Caruso's Earth Week ~ Save the Butterflies
Butterflies play a critical role in maintaining the health of our environment. They help pollinate fruits, flowers and vegetables; provide food for other animals; and enchant children and adults alike with their beauty and flight. But like many other creatures, more and more butterflies are becoming endangered as the wild places they inhabit are lost to development or as they fall victim to pesticides.
Here's what you can do to help bring the butterflies back:
Garden for wildlife. Grow plants butterfly caterpillars like to eat. In many cases, these will be plants that are native to your region; they'll attract native butterflies as well. Consult local gardening directories or contact your nearest agricultural extension agent for planting recommendations.
Choose nectar-rich plants. Fill your garden not only with plants caterpillars will want to eat, but also with those from which butterflies can drink. Options include buddleia, heliotrope, milkweed, mint, verbena, and zinnias.
Build a house. If your yard doesn't provide enough dense foliage to allow butterflies to hibernate and nest, build them a box they can use that offers protection from predators and harsh weather. The interior walls of the box should be rough enough to allow butterflies to grab a foothold. Scatter small twigs and leaves inside to promote hibernation and egg laying, and include thin vertical slats on the front to allow the butterflies to enter and exit. Make sure the box is hung no more than four feet above the ground and has a south or southwest exposure.
Put out some water. A shallow dish or birdbath will provide the moisture butterflies need to thrive.
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info and our "Spring Thing...."
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
Saturday, April 14, 2012
Caruso's Social Media Refresher Course!
As you know social media has taken over. I know I have done posts in the past about incorporating social media into your business, but everyday it’s changing and updating so I thought I would do a little refresher course. After researching though the internet & going over past social media post, here are 30 ways your business should leverage Social Media.
1. Look for Potential Board Members on LinkedIn. This year, go out of the norm by heading to professional social networking site LinkedIn and look around for potential board members. It is always difficult to find a cocktail of talents in a real world scenario so LinkedIn becomes a great repository where you can mine for and find board members. Whether you are looking for executive board members or a board of advisors, LinkedIn has a huge pool of highly skilled and experienced people who can add value to your business.
2. Add Social Follow Buttons to Everything. In the socially connected world of the Internet today, everything your business puts online should be sharable. That means your website, marketing emails, and blog must all have sharing tools for web users to share the material. One big mistake businesses make is to add sharing tools to what they think is sharable. Allow users to print or email your website’s pages. The notion that content is copyright and should not be shared works counter-intuitively to the need to socialize content.
3. Get Creative with using Embeddable Tweets and Facebook Social Plug-ins. Twitter has launched a nifty new feature that allows webmasters to embed tweets in their web pages. The new feature makes it easy to cross-pollinate your web content using social media. The incentive to create tweets that are highly reusable also presents itself, and the perceptive business owner will know that an embedded tweet is great exposure and offers more reach. Using Facebook social plug-ins will also allow you to add your social stream to your website, so visitors can get exposure to your social deployment within your website.
4. Use Storify To Create Stories. Storify is a social media aggregation service that allows you to compile and curate content from across Twitter and then use those tweets to tell a story. For example, if there is an event in your neighborhood that you would like to leverage, then Storify allows you to search for all tweets related to that event and then publish stories that use the Tweets as a basis of knowledge. Storify is also great for compiling product launch follow-up stories, company event tweet streams, and so on. Explore the platform to discover even more uses in a business scenario.
5. Know Your Listeners and Stay Always-On. We live in an always-on world where company listeners are peppered all across the globe meaning there is always someone awake somewhere when you are asleep. Previously, this meant that businesses had to endure blackouts when their part of the world went to sleep. Not anymore because today you can use tools such as Hootsuite and Buffer to schedule social media updates for the times when you are unavailable. For smaller businesses without an international audience, this provides a great way to spread your efforts by letting the software manage your social media updates while you take care of other business.
6. Use Pinterest. Pinterest is social media’s new kid on the block, and it is off to a fast start. The platform has barely been officially launched and it is already rivaling Facebook in driving traffic to businesses’ websites. If your business is not already on Pinterest, then you are missing a huge social media opportunity. For those who may not know what Pinterest is, it allows users to “Pin” their favorite images from across the web onto their Pinterest profile board. Other Pinterest users can then browse these images by category or by profile and discover new things along the way.
7. Engage Existing Brand Evangelists. Many businesses leave this avenue bare when they could be driving engagement through their brand evangelist networks. Do not sit back and let this resource go untapped; reach out and get them involved. Ask for re-tweets or ping backs to your content. Also, get them involved in social media conversations by addressing them directly through tweets, Direct Messages or @mentions. This will draw upon the networks that these brand evangelists have access to as well as create serious goodwill and build your business’s trust bank with your core network.
8. Nurture Leads On Social Media. Social media offers a great opportunity to nurture leads. For many businesses, social media is a place where social things happen, not business-related things, and they end up missing a great opportunity to build their leads. In many cases, leads will engage with the business in a casual way, but it is upon the business to identify these leads and act upon them. Engage the leads and extract as much value from them as you can. Of course, many conservative social media experts will tell you never to “sell” on social media but if done right, lead generation on social media can return some great results.
9. Hash Tags Are Your Friend, But Use Them Wisely. Hash tag marketing, as it is now commonly known, has grown to become the Twitter equivalent of viral videos on YouTube. With correct positioning and a well thought-out tag, hash tags can create awareness and boost engagement in unprecedented ways. The negative aspect to it is that hash tags are often hijacked and used to tweet content that you may not want associated with your business. This is why hash tag marketing has to be done very carefully and monitored continuously to keep things under control. In the event that a hash tag does go ugly, carefully extract yourself from it and let it run its course. Hash tags with a certain level of neutrality are the best in this case.
10. Social Media Intelligence for Sales Prospecting. Lead generation is one thing, but sales-prospecting using social media is one of those oil-and-water things that just do not mix with social media. After all, social media is a place to engage people and not to harass them with sales calls and all such monkey business, right? However, that is the problem right there. Why invest in social media and yet you “cannot” make any sales using the channel? As you build your social media presence, glean intelligence from the conversations you are having and apply them to your sales prospecting strategy. Further to this, soft sell your network using cleverly crafted messages that do not intrude on the users’ social experience.
11. Represent Your Business Well. One thing that lets businesses down is their social media profile presence. They do not take time to create a well-defined and representative profile, and the mess that ensues is that customers are unable to identify with the social presence as a link to the offline presence. If you are tempted to put up your Facebook page or Twitter handle as-is, do not do it. Pay someone to create a great representation of your company or at the very least, use your company logo as your profile picture and not an egg (Twitter) or your glorified self in beach shorts and a straw hat (Facebook). Separate your business from yourself and keep that space well defined and properly branded.
12. One Voice: Not Yours, That Is. You have created your business social media page and everything looks great. On your way home, you feel the urge to tweet about the lousy traffic and because you had signed in with your company handle, you go ahead and tweet using it. #FAIL Keep your personal life off your company’s Twitter handle and only use it when tweeting very well thought-out messages that have relevance to your business and your social media strategy. If you do indeed opt to tweet personal matters, make sure those matters pertain to the business and not unrelated personal goings-on.
13. Keep It Social and Make It Fun. On the other hand, it is very easy to make the company social media image so boring and archaic that driving engagement and interest becomes almost impossible. Socialize your business as much as possible without losing your main goals. This means you have to give your business a human face and a fun and interesting one at that. Try as much as possible to post interesting information and tidbits that will get people talking, re-tweeting and possibly replying. Some excellent examples include posting interesting facts related to your industry or posting how-to resources, two things that have been shown to be very sharable across social media networks.
14. Use a Simple Memorable Handle. Your business may have a very meaningful and complicated name but that should not be what goes up on your social media page. Avoid using business name extensions such as “Limited”, “Incorporated” and so on, as it only goes to make the page stuffy and stiff. Use your first business name and then follow that up with a proper information page that gives a brief but informative bio of your business. Consider it socializing your business much in the same way humans call each other with their first names. Using a simple and memorable name will also make it easy for users to guess what your handle is in the event that they do not know it beforehand.
15. Have Tweet-Ups, Google Hangouts, Etc. Technology has made it easy for businesses to meet up with their customers and followers remotely. If you want to drive engagement, hold Tweet-ups (Twitter meet-ups) and host Google Hangouts on your company’s Google Plus page. This will add extra social media points to your business as it will give your followers some human faces to associate with the business. Google Hangout has especially come to help businesses connect with their followers in a one-on-one manner, something all the other social media platforms do not currently offer.
16. Demand Social Media Viral Interaction. This probably sounds like the days of pop-ups with no “Close” button but it is not, much as the argument is the same. Incentivize your followers to engage with your brand on social media. This can be by using promo codes that are only served on social media or holding competitions that need users to engage on social media to take part. In principle, this will give your followers little choice but to follow your lead, but the incentive bit will tend to soften this principle. Once your followers are in your social space, do not just sit back and count those re-tweets with relish, get in there and engage as much as you can. The point is, after all, to start a wave, which you should now ride.
17. Have a Primary Social Media Management Application. Using technology to manage your social media presence is great but a likely trap you should avoid is using too many tools at the same time. If you decide to use Hootsuite, stick to it, and if you opt to use TweetDeck, stick to it is as well. Using a multiplicity of tools will muddle up your analytics, and you will not be able to create a consistent content narrative for your social media deployment. Another advantage of using one tool is that it is obviously cheaper when you consider that most tools have premium packages. The basic incentive is, however, to keep all your data in one envelope, as it were, and have a seamless experience as you interact with your followers.
18. Have One Primary Channel; Facebook Or Twitter (More Twittering). There have been multiple studies done that say one social media platform is better than the other is for different purposes. It is not yet clear which platform is the best, but one thing is clear, Twitter seems to do better for businesses than Facebook. The reasons are a bit ambiguous but the results do speak for themselves, a reason brands are shifting their efforts to Twitter and leaving their Facebook pages open for cosmetic purposes. Nevertheless, for your business, the reasons go beyond ROI. It also works toward unifying your online voice and addressing one audience as opposed to having dual conversations.
19. Keep Communication Channels Open. Do not be shy to respond to clients or followers, despite the nature of their communication. As long as the content is business related and is not offensive, engage your customers in the conversations they begin. It makes more sense to have such a conversation with the follower than to leave the opportunity to fall to redundancy. Many businesses have realized that social media is actually a brilliant channel for customer care with entire departments being created to handle the steady stream of customer care queries emanating from social media. Take the plunge and include social media in some of your more traditional departments to streamline with new paradigms.
20. Become an Industry Leader. Social media is all about influence, so if you have no influence, no one is listening to you. Design your social media strategy carefully and let the end game be to gain influence within the networks you infiltrate. Brands that come to be known as influencers enjoy the benefits of the network effect where their profiles and messages enjoy large numbers of shares across multiple networks. You can do this by positioning your brand to be an authority in your field of business. However, a more subtle way is to position your business as a truly social brand, something that carries great rewards in the social space.
21. Join the Conversation: Don’t Be Shy, Ask For Re-tweets, Shares. If you want to socialize your business truly, drop the shyness and business face and dive in feet first. Social is all about putting your business out there and being vulnerable. Ask your followers to re-tweet or share content. Email your customers and ask them to follow you on Twitter or like you on Facebook. Go out there and make things happen. In addition, do not be shy to jump into conversations. Let your followers see a social face to your business and this will drive engagement and grow your business community.
22. Use A Blog To Tell Your Story. Sharing is the buzzword today in social media; however, what do you put out there for sharing? For starters, no company website is complete without a blog. Creating a company blog will offer your followers somewhere to find out more about your business when they first land on your site from Google or from social media. The blog will also keep your regular customers interested when they visit the site. Create unique and compelling content for your blog to keep it fresh and do not forget to share the content widely across social media. Company blogs area a great way to tell the world your business is indeed alive and in business.
23. Make It Easy To Subscribe To Your Stories. Now that you have a company blog, you now need to socialize your content and you do this by making it easy for people to subscribe to it. Use syndication services such as Feedburner, Feedblitz or Aweber to create a community of listeners who you can communicate to easily using email or any other CRM channels.
24. Use Facebook and Twitter Ads. Both Twitter and Facebook have launched revamped ads for their networks, and this is one area businesses need to explore diligently. Twitter has launched self-service ads, which makes it easy for businesses to create and serve ads without having to go through a sales representative. Facebook has also launched Facebook Wall Ads that display ads within users’ walls rather than in the side panels. These two will be a great opportunity for businesses to benefit from social media especially as Facebook approaches a billion users and twitter approaches 200 million active users.
25. Location-Based Services Will Be Big. Use Foursquare, Gowalla or Facebook Places to promote your business on a local level. These apps allow businesses to not only map their premises but also attach offers and promotions using the apps. Facebook Events and LinkedIn Events are also a great way to get the word out on product launches and other events, whether on-location or online. Location-based services are only but taking off and the possibilities will continue to emerge with time.
26. Go Local with Twitter’s Advanced Search. Twitter offers a search feature that makes it possible to curate tweets from a particular locality. This can prove useful for a business that is targeting a local market and wants to find out what people in that locality are talking about and what the trending topics are. Google has also incorporated a people search for influential people on Google Plus in a particular search result. This means you can easily find the social influencers in a particular area by using local search and then reaching out to them.
27. Sharable Avatars and Memes. Avatars and memes are big on the Internet today and if your business can create an angle and get into the craze, the possibility that a shared item will go viral is very high. Create fun and exciting memes and avatars, which people can share with their friends and that, do not smack of sales talk. Great memes and avatars that have the company website and details make a great addition to the social engagement effort.
28. Use Fringe Social Media Tools. Known as fringe social media tools, applications such as Eventbrite, wikis, and SlideShare offer a business a great platform to create engaging content, which can then be shared across other networks. It can be said that these do not strictly fall under social media, but they do have social-media-like features such as sharing and following tools, and these can be of great value to a business. They are also more of niche tools and may most benefit businesses that can use them effectively in their business processes.
29. Promote Everything. Many excellent opportunities are lost in social media because businesses neglect to mention important issues going on. For example, a new hire can be tweeted and the newbie introduced to the community. This will also give that employee incentive to bring in their network of friends to the company’s community. Mimicking the human interaction with social media where almost everything is posted to social media, businesses must learn to create conversations out of their day-to-day happenings.
30. Connect Everywhere but Stay Focused. Social media has come to join other forms of communication channels that already exist such as email and texts. This must be appreciated so that social media is not given undue pre-eminence over other forms of communication. Take the necessary steps to engage on social media but as with everything, remember that overkill does more harm than good. Balance your social media and traditional channels to derive the best value from both realities.
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info and our "Spring Thing...."
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
Thursday, April 12, 2012
Caruso Funny ~ Father I Have Sinned....
Lisa goes into the confessional booth at her church and says "Bless
me father for I have sinned, I have taken unfair advantage of the
generosity of a very kind and handsome man."
The priest says "is that you Lisa?"
"Yes Father Leahy, it is me."
"Who was the man you took advantage of?"
"I can't tell you, Father Leahy, because I do not want to embarrass
him."
Father Leahy asks "Was it Sean O'Malley?"
"No father."
"Was it Ken Shaughnessy?"
"No Father Leahy."
"Was it Johnny Gavin?"
"No Father Leahy, I just can't tell you."
Father Leahy says "I approve of your perseverance but you still
have to atone for your sins. Your penance will be to say five Hail
Marys."
Lisa goes back to her pew where her friend Janet asks in a whisper
"What did Father Leahy give you?"
Lisa replies "he gave me five
Hail Marys and three good prospects for a new boyfriend."
ha ha get it? Happy Thursday Active Rain!
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info and our "Spring Thing...."
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
me father for I have sinned, I have taken unfair advantage of the
generosity of a very kind and handsome man."
The priest says "is that you Lisa?"
"Yes Father Leahy, it is me."
"Who was the man you took advantage of?"
"I can't tell you, Father Leahy, because I do not want to embarrass
him."
Father Leahy asks "Was it Sean O'Malley?"
"No father."
"Was it Ken Shaughnessy?"
"No Father Leahy."
"Was it Johnny Gavin?"
"No Father Leahy, I just can't tell you."
Father Leahy says "I approve of your perseverance but you still
have to atone for your sins. Your penance will be to say five Hail
Marys."
Lisa goes back to her pew where her friend Janet asks in a whisper
"What did Father Leahy give you?"
Lisa replies "he gave me five
Hail Marys and three good prospects for a new boyfriend."
ha ha get it? Happy Thursday Active Rain!
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info and our "Spring Thing...."
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
Wednesday, April 11, 2012
Caruso's Explores Google Analytics
Have you tried Google analytics? It can get pretty confusing. However, this is critical to your business and should never be left to “gut feeling” and “herd instinct”, as to where you place your marketing spend. With so much money being spent on marketing and advertising, how do you know which is best: Not necessarily the cheapest monthly spend – nor surprisingly necessarily the one sending the most traffic!.
For any real estate business, whether a one-man brokerage or a large organization, there are two metrics that trump all: visits and conversions. These are the Google stats that help you get to your bottom line, and you need to be actively monitoring them.
I came across a well laid out, step-by-step guide, by Bob Samii on how to use Google analytics to get you started with tracking your conversions, analyzing your marketing spend, and improving your efforts to acquire online customers. So I thought I would share some of the information with you.
1. Set up analytics and include a goal for your bottom-line conversion. For most real estate companies, the key conversion to track would be sales inquiries, unless you offer products or services with payment online. Using the Google search statistics, make sure to set up a custom goal in Google Analytics so you can track leads are from your website such as when a visitor performs a sales inquiry — normally this would be after the visitor hits the “submit” button on a contact form.
2. Include a value for your conversions. If you’re an e-commerce company, it’s fairly straightforward to use web analytics to set a value for each conversion based on the product or service you sold. For a real estate business, you need to define the value of a potential customer.
You can do this by figuring out the percentage of online inquiries you convert into real customers and what the average commission would be. So if your average commission is $5,000 and you convert 10 percent of online inquiries into customers, then the value of each online conversion would be $500 (10 percent of $5,000).
3. Segment your online traffic based on channels you are actively marketing. The most effective way to do this is to create a spreadsheet and include all of your key channels. This would include segments such as newsletter, pay per click, direct advertising, display ads, social media, search engine optimization branded (branded organic traffic), and SEO non-branded.
4. Include marketing spend for each of the channels. Are you running a Google AdWords campaign? Spending money on newsletters? Working with an SEO agency? If so, you want to reflect these costs and associate them with the respective channels so you can analyze where your money is being spent most effectively.
5. Calculate cost per acquisition (CPA). Using conversion numbers and your cost data, you can now calculate cost per acquisition (and income per acquisition) for each of your channels. This is simply costs divided by conversions for a given channel. You will see significant variances between each of these segments, and that’s completely normal.
6. Analyze the results. Once you start collecting this data, you will then be able to understand how you’re spending your money, which channels are most effective, and areas to better optimize and improve. Most importantly, you want to compare month-over-month and year-over-year data and look for red flags (unusual variances in your channels) to have a strong handle to make smarter decisions in your online marketing spend.
Once you fully understand how to use Google analytics, you’ll be surprised at the power it lends to your management decisions. Good luck!
We Are Now Accepting Qualified Listings
Now providing "Short Sale Services"
Call Today for More Info and our "Spring Thing...."
And thank you for making me Your Orange County Real Estate Connection.
www.MichaelCarusoRealEstate.com
Best regards,
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900
For any real estate business, whether a one-man brokerage or a large organization, there are two metrics that trump all: visits and conversions. These are the Google stats that help you get to your bottom line, and you need to be actively monitoring them.
I came across a well laid out, step-by-step guide, by Bob Samii on how to use Google analytics to get you started with tracking your conversions, analyzing your marketing spend, and improving your efforts to acquire online customers. So I thought I would share some of the information with you.
1. Set up analytics and include a goal for your bottom-line conversion. For most real estate companies, the key conversion to track would be sales inquiries, unless you offer products or services with payment online. Using the Google search statistics, make sure to set up a custom goal in Google Analytics so you can track leads are from your website such as when a visitor performs a sales inquiry — normally this would be after the visitor hits the “submit” button on a contact form.
2. Include a value for your conversions. If you’re an e-commerce company, it’s fairly straightforward to use web analytics to set a value for each conversion based on the product or service you sold. For a real estate business, you need to define the value of a potential customer.
You can do this by figuring out the percentage of online inquiries you convert into real customers and what the average commission would be. So if your average commission is $5,000 and you convert 10 percent of online inquiries into customers, then the value of each online conversion would be $500 (10 percent of $5,000).
3. Segment your online traffic based on channels you are actively marketing. The most effective way to do this is to create a spreadsheet and include all of your key channels. This would include segments such as newsletter, pay per click, direct advertising, display ads, social media, search engine optimization branded (branded organic traffic), and SEO non-branded.
4. Include marketing spend for each of the channels. Are you running a Google AdWords campaign? Spending money on newsletters? Working with an SEO agency? If so, you want to reflect these costs and associate them with the respective channels so you can analyze where your money is being spent most effectively.
5. Calculate cost per acquisition (CPA). Using conversion numbers and your cost data, you can now calculate cost per acquisition (and income per acquisition) for each of your channels. This is simply costs divided by conversions for a given channel. You will see significant variances between each of these segments, and that’s completely normal.
6. Analyze the results. Once you start collecting this data, you will then be able to understand how you’re spending your money, which channels are most effective, and areas to better optimize and improve. Most importantly, you want to compare month-over-month and year-over-year data and look for red flags (unusual variances in your channels) to have a strong handle to make smarter decisions in your online marketing spend.
Once you fully understand how to use Google analytics, you’ll be surprised at the power it lends to your management decisions. Good luck!
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