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Social Media for Business
         Facebook
Builders League of South Jersey
          April 7, 2010
The Business Case
– What do people do when they want to
  know or learn something?
– # of people engaged in social media
– Low cost/lead
– CREDIBILITY
The Business Case
• Selling homes is a retail business –
  B2C/direct to consumer
• Opportunity to interact with
  prospective customers
• Build relationships
Strategic Marketing Plan
•   Identified targeted buyer
•   Chosen location for community
•   Designed homes, specifications
•   Researched competition
•   Set pricing
•   Develop your USP; Set yourself apart
•   Develop promotion plan…..
Traditional Tactics
•   Model park / Signs
•   Website
•   Brochure/Collateral
•   MLS
•   Newspaper advertising
•   Radio/TV
•   Realtor relationships
•   Site events
•   Direct Mail
Social Media Goals
• Brand awareness
• Reputation management
• Lead generation
• Drive prospects to website/to
  community
• Improve search engine ranking
Social Media Strategy
• LISTEN
  – What are people saying about your
    company/brand?
  – Who is saying it?
• Engage in conversation
  – With customers
  – Other influencers
• Provide value through content
Facebook (400m users)
• Profile/Friends
    – Personal* - 5,000 friends
• Page/Fans
    – Business - No limits on fans
• Group/Members
    – Causes

*This   impacts business!
Decision
• Create a Page for Company?
• Create a Page for individual
  community?
What do we talk about?
• What do people want to know? About
  you? Your product? About the decision
  to buy a home?
  – Inform
  – Interact
  – Entertain
Developing Content
• Inform
  – Market Info
  – Practical/logistics
    • How to buy…how to sell
• Interact
  – With existing customers
  – With prospective customers
  – With unhappy customers
Developing Content
• How do people decide on which home
  to buy???
  – Schools
  – Accessibility
  – Affordability
  – Appreciation
  – Safety
  – Prestige
Community Info
• Local amenities
  – Restaurants, parks, entertainment,
    shopping, medical
• Happenings
  – Local kids teams, clubs, organizations,
    township events
• Accessibility to . . .
  – Employment centers, highways, the
    Shore, mountains
Community Info
• News
  – Open House
  – Special site events/seminars
• Incentives for “FB fans only”
• Communicate with Realtors
Get Creative!
• Fun stuff
  – K.Hov Recipe of the week
  – “Jingle Jam” – win $3,000
  – Quote of the day
• Use Video, photos. People’s faces!
How to Get Started
• Choose one social networking site to
  start
• Select “community manager” to be
  responsible for posting and interacting
  with fans (in-house or consultant)
• Set up publishing schedule
  – Update regularly. Keep fans coming back
How to Get Started
Promote FB page
  – Facebook ads
  – Website
  – Collateral
  – Search for fans from existing database/
    customers
• Don’t expect immediate results. Social
  media is about developing relationships
How to Get Started


Hire a Consultant!

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Social Media For Business - Focus on Facebook April 2010

  • 1. Social Media for Business Facebook Builders League of South Jersey April 7, 2010
  • 2.
  • 3. The Business Case – What do people do when they want to know or learn something? – # of people engaged in social media – Low cost/lead – CREDIBILITY
  • 4. The Business Case • Selling homes is a retail business – B2C/direct to consumer • Opportunity to interact with prospective customers • Build relationships
  • 5. Strategic Marketing Plan • Identified targeted buyer • Chosen location for community • Designed homes, specifications • Researched competition • Set pricing • Develop your USP; Set yourself apart • Develop promotion plan…..
  • 6. Traditional Tactics • Model park / Signs • Website • Brochure/Collateral • MLS • Newspaper advertising • Radio/TV • Realtor relationships • Site events • Direct Mail
  • 7. Social Media Goals • Brand awareness • Reputation management • Lead generation • Drive prospects to website/to community • Improve search engine ranking
  • 8. Social Media Strategy • LISTEN – What are people saying about your company/brand? – Who is saying it? • Engage in conversation – With customers – Other influencers • Provide value through content
  • 9. Facebook (400m users) • Profile/Friends – Personal* - 5,000 friends • Page/Fans – Business - No limits on fans • Group/Members – Causes *This impacts business!
  • 10. Decision • Create a Page for Company? • Create a Page for individual community?
  • 11.
  • 12. What do we talk about? • What do people want to know? About you? Your product? About the decision to buy a home? – Inform – Interact – Entertain
  • 13. Developing Content • Inform – Market Info – Practical/logistics • How to buy…how to sell • Interact – With existing customers – With prospective customers – With unhappy customers
  • 14.
  • 15.
  • 16. Developing Content • How do people decide on which home to buy??? – Schools – Accessibility – Affordability – Appreciation – Safety – Prestige
  • 17. Community Info • Local amenities – Restaurants, parks, entertainment, shopping, medical • Happenings – Local kids teams, clubs, organizations, township events • Accessibility to . . . – Employment centers, highways, the Shore, mountains
  • 18. Community Info • News – Open House – Special site events/seminars • Incentives for “FB fans only” • Communicate with Realtors
  • 19.
  • 20. Get Creative! • Fun stuff – K.Hov Recipe of the week – “Jingle Jam” – win $3,000 – Quote of the day • Use Video, photos. People’s faces!
  • 21. How to Get Started • Choose one social networking site to start • Select “community manager” to be responsible for posting and interacting with fans (in-house or consultant) • Set up publishing schedule – Update regularly. Keep fans coming back
  • 22. How to Get Started Promote FB page – Facebook ads – Website – Collateral – Search for fans from existing database/ customers • Don’t expect immediate results. Social media is about developing relationships
  • 23. How to Get Started Hire a Consultant!