video marketing Archives | Conversion Logix Mon, 22 Jan 2024 20:33:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://conversionlogix.com/wp-content/uploads/2022/03/cl_logo_red-favicon.png video marketing Archives | Conversion Logix 32 32 5 Video Marketing Trends You Can’t Ignore in 2023 https://conversionlogix.com/blog/5-video-marketing-trends-you-cant-ignore-in-2023/ https://conversionlogix.com/blog/5-video-marketing-trends-you-cant-ignore-in-2023/#respond Fri, 30 Dec 2022 01:45:37 +0000 https://conversionlogix.com/?p=13645 Conversion Logix President and COO, Andrew Cederlind joined Kristi Fickert, VP of Enterprise Growth at Realync, for a live video discussion about video marketing trends multifamily marketers should know about in 2023. Watch the full video recording and read the recap here.

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Conversion Logix President and COO, Andrew Cederlind joined Kristi Fickert, VP of Enterprise Growth at Realync, for a lively conversation discussing the top video marketing trends multifamily marketers should be aware of in 2023. To learn about all the strategies and client stories they shared, watch a recording of the LinkedIn Live event on-demand here.

In this blog post, we shared a recap of the video trends these marketing leaders presented to help guide your video marketing strategy in the coming year.

#1 Show Don’t Tell

Video has become a popular entertainment, and educational tool for personal and professional uses as the format engages multiple senses and increases information retention among customers and employees.

In this discussion, Kristi shared the following eye-opening stat, “People retain 90-95% what comes from video vs. 10% from written content”. She went on to say, “if you are tired of prospective residents asking the same questions over and over again, show a video they will retain it better”. 

Andrew elaborated on this point by sharing that at Conversion Logix, video has become a go-to media format for clients to showcase their property and within the company between employees. He shared the effectiveness of sending videos within the organization to quickly communicate a point or demo instructions for a task, providing a reference that employees can go back to. 

#2 Authentic Video Engaging Prospects

With the popularity of video formats like TikTok and Instagram Stories, the demand for authentic video content is growing. When it comes to apartments, this means that apartment seekers are expecting real-life reflections of what a community is actually like.

Kristi advises property managers to gather behind-the-scenes content. While the everyday renter may not think about some of the things that go into getting an apartment ready to rent during their search, things like watching the carpets being cleaned, new paint, and unit upgrades could increase affinity for the community through video.

It’s also important to note that just because authenticity is on the rise, doesn’t mean low-quality visual content is. Andrew mentioned that it’s still important to create visually appealing video assets but to focus on the message, delivery, and content over high-production styling.

#3 Repurposing Video Marketing Assets to Extend Your Budget

Brands are extending the life of their video content by repurposing it. Prospects are demanding video in various formats and across many different channels. To keep up with this demand, communities can take video assets they are already developing, like virtual tour content, and reuse them across assets like their ads, emails, and social media channels, or as a lead generation opportunity. 

During the live event, Kristi shared a story of a community that pre-recorded video tours and pre-recorded videos of post-tour follow-up messages from the property manager. The community leveraged these authentic videos on multiple platforms and even tried testing the videos in ads. The result was a 300% ROI! Their team built awareness and trust by using the community’s staff and a personable approach to talking about the community.

#4 Accelerate the Sales Process

Using video in the tour process can save communities three times as much time. “The average tour lasts 14 minutes while the average in-person tour lasts 45-50 minutes”, says Kristi. Considering the staffing crisis the industry is experiencing, leveraging virtual tours to sell your community while in-person staff focuses on prospects further down the sales funnel is key. 

Andrew illustrated the importance of video in the prospect journey by sharing a recent Zillow study that found people used to tour five communities in person and are now only going to two. “The more we can meet people how they want, the better the experience. That way, the people on site are there because they want to be there versus they have to be there.”, says Andrew.

#5 Experimenting With Video Marketing

Creating video marketing content can feel intimidating for many operators which is why they don’t get started. In the live event, Kristi encouraged operators to get more comfortable on camera by doing it more often and putting themselves out there. “It’s ok to be vulnerable,” says Kristi. We are all learning and trying new things when it comes to video. The more you do it, the better you will be at it.

The speakers both shared the importance of testing new things with video to find out what resonates.

Andrew remarked, “what I think is going to work isn’t always right.” You don’t always know for sure what video content will grab people, especially with ads which is why A/B testing is so valuable. He went on to share a recent experience when he was analyzing the results of a multifamily video ad campaign. Everyone thought the video that was less polished and more off the cuff wouldn’t perform as well as the polished video. On the contrary, the less polished video outperformed the traditional style video ad two to one in conversions on the website. 

With the new technology built into ad platforms, video testing is more accessible than ever and is something everyone should try.

Bonus: AI-Generated Video Marketing Tips

At the end of their discussion, Andrew and Kristi tested out the trending AI platform ChatGPT to see if AI software had additional video marketing tips to share. The AI shared the following advice for operators and marketers working with video that was spot on.

  1. Keep it short and sweet
  2. Use compelling visuals
  3. Tell a story
  4. Add a call to action
  5. Optimize for mobile
  6. Social media platforms are a great way to promote your videos
  7. Invest in video SEO

Don’t Miss Our Next LinkedIn Live

Wish you had the chance to watch this discussion live? Follow Conversion Logix on LinkedIn to make sure you are the first to know when we have our next LinkedIn Live event.

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High Production Video Ads vs. Slideshow Video Ads https://conversionlogix.com/blog/high-production-video-ads-vs-slideshow-video-ads/ https://conversionlogix.com/blog/high-production-video-ads-vs-slideshow-video-ads/#respond Mon, 29 Jun 2020 10:56:00 +0000 https://conversionlogix.com/?p=10085 We analyzed a sample of apartment YouTube ads to find the answer to the question, “Does video production quality have an impact on YouTube ad performance?”. Here’s what we found.

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YouTube video ad production quality

YouTube has over 1 billion monthly viewers (Google) and is used by over 70% of U.S. adults (Pew Research Center). It’s no secret that YouTube is an incredibly popular marketing channel. So why aren’t more marketers incorporating YouTube into their marketing strategy?

The Problem

There is a long-standing belief that in order to succeed in video marketing you have to have expensive equipment and a team of videographers, actors, and editors. When faced with expensive video production costs and time constraints marketers become too intimidated to add YouTube to their strategy. According to a recent study by Social Media Examiner, only 14% of marketers are advertising on YouTube. Paralyzed by the expectation that a YouTube ad has to be as highly produced as a TV commercial, over 80% miss out on YouTube advertising.

Asking the Right Questions

What if this long-held assumption wasn’t actually true? What if you could produce a video ad without high production assets? Would it perform as well? We analyzed a sample of apartment YouTube ads to find the answer to the question, “Does video production quality have an impact on YouTube ad performance?”. We looked at two types of video ads, highly produced videos, and professionally edited slideshow videos comprised of images, music, copy, and call to actions. Here’s what we found.

High Production Videos Don’t Perform Better Than Professional Slideshow Videos

Communities that spent thousands of dollars on highly produced video footage did not have markedly better ad performance than communities that spent less than $300 in editing fees on professional-looking slideshow video content.

Slideshow Video Results vs. High Production Video Results

View Rate

View rate is the percentage of people who are presented with your ad and watch your entire ad, watch more than 30 seconds of your ad, or engage with your ad. The view rate for slideshow video ads was only 22% lower than the view rate for highly produced videos. If you stopped here and only looked at view rate you might think highly produced videos performed slightly better than slideshow videos. It’s a good thing we didn’t stop here. When we dove deeper and studied the rate of clicks and leads these ads generated we saw a different story.

Click-Through Rate

CTR measures the percentage of people that saw your YouTube ad and clicked on the ad to visit your website. Click through rates on slideshow videos were 3% higher on average than highly produced videos.

Cost Per Click

CPC measures the cost for every click on a YouTube ad. Slideshow video ads had a 17% cheaper CPC than the highly produced videos in our sample.

Goal Completion Rate 

Goal rates measure the percentage of website visitors that came from your YouTube ad and then took a lead generating action on your website (scheduled a tour, clicked to call, claimed an offer, filled out a form, etc.). The rate of goal completions coming from slideshow video ads was 2% higher than highly produced video ads.

What does this mean for Communities?

You can run a successful YouTube ad campaign without spending thousands on video production.

The factors that determine YouTube ad performance have more to do with targeting decisions and platform management than they do with the production level of your video content.

While the view rate for slideshow videos was 22% lower, the areas of ad performance that matter most (ad clicks and leads) revealed better performance for slideshow videos at a lower cost per click. If a community has less than $300 to spend in editing fees they can promote a professional-looking slideshow video and see even better costs per click and goal completion rates.

Does your community have high-quality image assets and a website? You have the key ingredients to get started with YouTube advertising.

Finally ready to give YouTube advertising a try? Speak with an experienced multifamily marketing professional today.

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Four Apartment Marketing Trends You Can’t Ignore in 2020 https://conversionlogix.com/blog/four-apartment-marketing-trends-you-cant-ignore-in-2020/ https://conversionlogix.com/blog/four-apartment-marketing-trends-you-cant-ignore-in-2020/#comments Wed, 26 Feb 2020 19:11:24 +0000 https://conversionlogix.com/?p=8514 Four Marketing Trends that will be key in 2020 for improving conversion rates for those in the apartment marketing space.

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apartment marketing trends

At one point, ideas like conversion software, analytics-driven marketing, and dynamic video advertisements were innovations that apartment marketers saw coming on the horizon. Headed into 2020, these ideas and others have established themselves as necessities for those in the apartment marketing space. So which trends do you need to know about in 2020?

1. Live Chat as the Gold Standard of Communication

One key trait that your prospects share with other consumers in the digital age is their desire for instant gratification. They’re browsing through your website quickly, and as questions pop up, they’d like answers as quickly as possible regardless of the time of day.

According to a study by EConsulting, 50% of customers are expecting businesses to be open 24/7. This means that incorporating live chat becomes critical to generating those all-important leads, and not allowing all those visitors to slip through the cracks as they visit your site outside of regular business hours. Moreover, live chat has a 73% satisfaction rate, compared to phone calls (44%) and emails (61%).

For a more in-depth analysis regarding the benefits of live chat juxtaposed with chatbots, see this post.

2. Video Ads Go from Important to Critical

It’s no secret for marketers that using video advertisements positively contributes to KPI’s. Interweaving your services within an aesthetically pleasing visual representation of your brand makes a big difference between communities that are able to convert, and those who are not.

Video usage in conversions have increased from 25% to 37% in 2019, per Rocketium. This clearly displays the importance of both incorporating videos into your funnel as well as the direction that the market is headed towards.

With the slow death of cable television, American adults are spending more time than ever on video content online with the increased popularity of platforms like YouTube. In 2019, users spent a weekly average of nearly seven hours watching online videos, which represents a 59% increase from just three years prior in 2016 (Limelight, 2019).

On YouTube alone in the past couple years, viewers are spending over 7,300 hours on apartment related video content, so incorporating videos into your advertising budget becomes all the more important. To learn more about the most effective and practical ways to put video ads into practice on YouTube, check out this blog post.

3. Conversion Software for Qualifying Leads

Another key trend in the apartment marketing space is the utilization of conversion software. With only 22% of businesses being satisfied with their conversion rates (EConsultancy), it’s clear that everyone wants to convert leads at a higher rate. Emerging as a solution to this problem, communities are now implementing conversion software to automate tour scheduling, deliver compelling offers, and filter for qualified leads.

Tour Scheduling

In the area of tour scheduling, the usual process involves filling out an application or contacting the community via phone, email, or an in-person visit. This process causes delays in the scheduling procedure, leading to unwanted drop-offs.

Conversion software cuts through those extra steps by being present on every page, allowing prospects to view available tour dates, and self-schedule tours at their own convenience.

Compelling Offers

Many communities that are promoting offers on their sites are following a sub-optimal, outdated strategy. A potential lead visits your website, a pop-up offer comes up, and before having any interaction with the site’s content are given an incentive to close the offer because the only way to view the information they’re seeking is to close the offer entirely, never to see it again.

Using the right conversion software allows your site to deliver prospects value and relevant information, while keeping compelling offers on each page in a non-intrusive manner. These offers can be conveniently minimized without removing them from sight completely, as well as quickly swapped out with other offers without any development expertise.

Qualifying Leads

Filtering out unqualified prospects was once an arduous task that leasing teams spent hours upon hours on. But now, by using markers like income, desired floor plan, and number of residents, leads can automatically receive an email informing them of their qualification status, resulting in a tremendous amount of saved time.

With potential leads being pulled in a myriad of directions, the need to filter them and quickly progress them down the sales funnel becomes of great importance.

The Conversion Cloud specializes in qualifying and converting multifamily housing leads, offering these innovations and others. Check it out here.

4. Refining Social UX

One of the timeless elements of marketing has always been user experience. At it’s core, UX measures the quality of interactions between users and a given brand. An improvement in UX will make for a higher quantity of conversions and overall customer satisfaction.

Within social audience targeting on Facebook, UX has become of increased importance recently. The social media giant reports that there are presently 7 million advertisers on the platform, up from 4 million in 2016. With this uptick in competition, standing out through optimized and personalized ads has become all the more important to generate leads.

Facebook has stated that there are three primary dimensions for evaluating the performance of ads including visual quality, engagement, and conversion which need to be optimized to refine UX.

Visual Quality

Practical steps to improve visual quality in your ads include avoiding things like putting too much text, using sensationalized language, and withholding key information.

Engagement

For improving engagement, there are a number of heuristic methods that are available. Using vertical videos, adding multiple images using the carousel format (if you have an abundance of quality images), and adding movement through animation are all options to consider.

Conversion

A pragmatic approach to increasing your conversion rates on your ads is to make them more engaging through the avenue of an improved call to action and post-click experience.

Navigating through the ins and outs of creative software for creating eye-catching visuals and high quality ads can be a tall-task for many communities. For assistance in maximizing ad quality, schedule a call today.

Conclusion

Headed into 2020, ideas like conversion software, analytics-driven marketing, and dynamic video advertisements and others have now firmly established themselves as necessities for those in the apartment marketing space. Looking for help getting started? Schedule a call today.


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How to Increase Student Housing Leases Through Your Website https://conversionlogix.com/blog/how-to-increase-student-housing-leases-through-your-website-2/ https://conversionlogix.com/blog/how-to-increase-student-housing-leases-through-your-website-2/#respond Thu, 12 Dec 2019 00:53:26 +0000 https://conversionlogix.com/?p=8354 Every generation brings a new challenge to marketers and Generation Z is no different. Check out these 6 tips to increase your student housing website lead conversions.

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Student sitting on a box after move-in

Every generation brings a new challenge to marketers and Generation Z is no different. How do you reach them both as a group and as individuals? With Gen Z reaching college-age, student housing communities will need to start approaching their marketing a bit differently to make sure they aren’t left with vacant units. Check out these 6 tips to increase your student housing website lead conversions.

Show Don’t Tell

The old saying “sell an experience, not a product” is especially true when selling to Gen Zers. They have been bombarded with online advertisements their entire lives, so a photo of your community with a “Tour Now” tagline just won’t cut it. You want to make sure your website conveys an experience that they can’t get at any other community. Show happy students using your amenities and smiling as they leave the building on their way to school. Have consistent messaging and imagery on all your campaigns to help push your experience. Remember, showing prospects what makes your community special converts more leads than simply telling them.

Video Content

Video consumption is at an all-time high, with over 50% of consumers watching a video about a product before making a purchase. Younger generations watch even larger amounts of video, with 89% using YouTube on a weekly basis. Suffice to say, if you want to get your student housing community in front of Gen Z, video content is going to have to be incorporated in your marketing campaign. Not sure where to start? We’ve got you covered with this video guide for apartment communities and this social media video guide.

Respond to Reviews and Social Media

41% read at least 5 reviews before making a purchase. That number is higher when the product is an apartment. Try having your google and yelp reviews feed directly to your website. Not only will this make you more transparent, but it will keep visitors on your page longer.

If they leave a review or comment on your social media networks, then it is even more important to respond. These are people who are invested in your community and are willing to share their experience. Thank those that leave a positive review, and help those that leave negative ones. Bad customer service is the number one reason tenants leave apartments. Showing you are determined to fix a student’s problem will make them more willing to stay at your community their entire college career. 

24/7 Availability

Your leasing office may not be active all night, but students sure are. Having the ability to schedule tours and ask questions from your website at all hours of the day is vital to converting students to sign leases. Automatic tour schedulers and chat options will allow your community to still be active even after your leasing office has gone home for the night.

Unique Offer

82.3% of students want an email with a special promotion or discount. How they redeem this offer is just as important as the offer itself. Gen Zers grew up in the age of instant gratification. That means having them jump through several hoops to sign up for a promotion won’t work. Use tools such as Concession Manager to make sure your promotion is displayed prominently on your site and easily accessible regardless of the page the visitor is on.

Mobile Friendly

Gen Z spends more time on their phones than any other generation. Make sure your website is optimized for all those mobile visitors to avoid low conversion rates. Take the time to test and make sure the site is functional on various devices, including android, ios, and tablets. Have someone unfamiliar with the site go through and see if they can find information quickly and easily before setting it live. This will ensure a quality user experience and reduce site bounces.

Conclusion:

The good news is that Gen Z isn’t too different from the previous generation. Implementing the changes mentioned above will help prevent your student housing community from getting stuck in the past and losing potential residents. If you want to learn more about how to get students to your site, check out this article about Search Marketing Strategies for Student Housing.

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7 Easy Ways to Increase Senior Living Website Conversions https://conversionlogix.com/blog/7-easy-ways-to-increase-senior-living-website-conversions-2/ https://conversionlogix.com/blog/7-easy-ways-to-increase-senior-living-website-conversions-2/#respond Thu, 31 Oct 2019 00:07:31 +0000 https://conversionlogix.com/?p=8168 97% of website visitors leave webpages without ever converting. Here are some helpful tips to make sure you are maximizing webpage conversions and getting the most out of your online presence.

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Getting prospects to visit your website is only half the battle. 97% of website visitors leave webpages without ever converting. That is a lot of missed opportunities for senior living communities trying to fill their units. Here are some helpful tips to make sure you are maximizing webpage conversions and getting the most out of your online presence.

Helpful Content

When someone visits an assisted living website, they are coming for information. Your website must be able to accommodate them. Having plenty of helpful and relevant content on your site will build trust between you and website visitors, leading to more conversions. Examples of content you can create include blogs, e-books, and newsfeeds.

Mobile Friendly

With 70% of internet traffic coming from mobile phones, having a website optimized for mobile users is a must for staying competitive.  80% of smartphone users are more likely to purchase from companies with mobile sites or apps that help them easily answer their questions. Those questions can be answered with all the helpful content that you now have on your site.

Reviews

Do you remember the last time you made a significant purchase without reading the reviews for the product/service? Reviews are the best way to build trust between a brand and a website visitor. Having customer reviews on your site creates transparency, and makes visitors feel at ease knowing others have had positive experiences. You may be worried about negative reviews but these actually add to your brand’s image as long as the positives outweigh them.

Easy to Navigate

When someone visits a website, they do not want a steep learning curve. Have someone that isn’t familiar with your site go through it to try and find various resources. The same goes for the mobile version of your site. 57% of mobile users won’t recommend a brand with a poorly designed site. One way to improve the design of your website is to use software such as Schedule Genie to make it simple for your prospects to schedule tours and contact you.

Help Options

Speaking of a prospect’s ability to contact you, make it easy for visitors to get the help they need. This is key for boosting the quality of your customer! Having a chat service on your site where visitors can quickly ask a representative questions will make them feel important and more likely to convert. Using a live chat service is generally preferable as older generations prefer speaking to actual humans over a bot.

Unique Offer

The Senior Living market is crowded so making sure your site sticks out is a must. A great way to accomplish this is by offering a deal or discount on your website. Generally, when a prospect visits a Senior Living community’s website they are not ready to commit for several weeks, if not months. A compelling offer can help you capture a lead’s contact information so you can remarket them in the future. You can use a tool like Concession Manager to promote your offer on multiple pages of your website and help you capture your website visitors’ lead information.

Video Content

Including video content on your site is a must. Video is more effective at converting leads than any other form of content. Very few assisted living communities have implemented video in their marketing. This is a huge opportunity for those that do it sooner rather than later.

Conclusion

Nothing is worse than losing a potential future resident due to a poorly created webpage. Luckily, if you implement some or all these tips, you’ll see your conversion rates jump in no time.

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How to Create and Market Video Content for Apartments https://conversionlogix.com/blog/how-to-create-and-market-video-content-for-apartments/ https://conversionlogix.com/blog/how-to-create-and-market-video-content-for-apartments/#respond Tue, 15 Oct 2019 18:46:21 +0000 https://conversionlogix.com/?p=8084 Ready to incorporate video into your apartment marketing strategy? Use these tips to determine what type of videos to create and where to promote your new video content.

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Video Marketing for apartments

“You have to make video content!”. You’ve been hearing this phrase and others like it for years now. They even have crazy statistics such as “50% of people watch a video about a product before they make a purchase” (Google). You already know you have to create video content to help showcase your community. That part goes without saying, the hard part is knowing where to begin, what type of videos to create, how much to budget for video content, and where to post it once you’ve made your masterpiece. Luckily, you made the wise choice of reading this article and in just a few minutes, you’ll be a video marketing whiz.

Where to Begin/Budgeting

Before we can even begin making videos, we need to determine what portion of your budget you want to allocate to video. Most videographers can cost anywhere from a few hundred to several thousand dollars to create a video. So finding the right one is key. Some will only film and give you raw footage leaving you to edit which can take several days assuming you know what you’re doing. Many marketers prefer to produce through a marketing agency as they will do everything including writing, filming, and editing. Once the editing is complete they will even optimize your video for different channels and in different formats (we will get to that later). The benefit of using an agency is that they are all-inclusive, offering one price upfront so you know how much you’re going to need to budget without worrying about hidden fees and paying extra for someone to edit your content. After you find someone who is going to create your project, the next step is figuring out what types of videos you want to for your apartment community.

Types of Videos

There are several types of videos you can make to engage your leads and residents. This is not an exhaustive list, but it should give you some ideas on how to get started.

Tour Videos

Photos are a great way to show off your community’s best features. However, photos are only a piece of the puzzle, creating video tours can create further interest and allow you to stylize your content more than with photography. Just make sure it’s an accurate representation of your community.

Event Videos

Have an event that you want people to know about? Creating a video about it is one of the best ways to get the word out. This can be for either a special leasing event to get new leads or for current residents to engage more with the community.  Make sure the video is clear about what the event is, has an enticing offer to bring people in (free food, sweepstakes, etc.) and makes the event look fun. These videos shouldn’t be more than a minute or two in length otherwise viewers will fall off before making it to the end.

Promotional Videos

Similar to event videos, promotional videos are a great way to add a sense of urgency and get prospects to engage with your community. By rewarding interested prospects with an offer, you can speed up the time it takes for them to convert into a lead, and ultimately a lease. Pair this strategy with an offer claiming tool like Concession Manager so you can drive interested prospects to a landing page experience that allows them to take action right away. This will increase the follow-through you see from prospects and help your community build a healthy list of leads. The best part is these kinds of videos can work for multiple types of promotions. Want your leads to know you are offering a $0 deposit if they sign up this month? Make a promo video. Current tenants get a reduced rate if they renew early? Make a promo video. These videos will make it easier for your community to get more impressions and engagement as opposed to static content. Here’s an example of a promotional video we created for a luxury apartment client in Seattle for a YouTube ad campaign. The community used this video to attract potential residents with their “One Month Free” offer.

About Us Videos

About Us videos can give prospects a greater sense of connection to your community.  The difference between About Us and Tour videos is that About Us content focuses more on the history of the complex, the people that work there, and the values the community has. In contrast, those that want to see what the complex looks like and amenities that are offered would prefer a Tour video. About Us content is meant to be more of a storytelling video and makes for great content to add to your website.

Where to Place Videos

Okay, so you made your videos, congratulations! Now, where are you supposed to put them? Certain videos perform better on different channels, so let’s break it down.

Your Website’s Homepage

As mentioned before, About Us videos are some of the best types of video content to put on your website. Any video that showcases your community and has visual appeal can be placed here. You can typically put your longer videos here as well. An added bonus? Having a relevant video embedded on your site helps increase your SEO. It’s a win-win.

Social Media

As of 2019, Facebook and Instagram push video content in their algorithms. These are great places to post your content and reach your audience. Unfortunately, thanks to Facebook’s constantly changing algorithm, posting your videos organically won’t often give you the best results. If you want to really maximize impressions on your video content, creating paid social media campaigns is the way to go. Each platform has different requirements for aspect ratios and file size. Keep this in mind when receiving your videos from your videographer. Using the right psychographic and geographic targeting to maximize ROI is also required to have a successful social media video campaign. All this can get pretty overwhelming to create and monitor so many communities outsource ad creation and management to agencies that specialize in the multifamily industry.

YouTube

Although some would group YouTube with social media, YouTube is its own beast. If you plan on creating multiple videos, it is best to create a channel where prospects can have access to all your video content. Similar to social media, you can also pay to have your videos appear as advertisements to reach a larger audience. Through YouTube, you can take advantage of keyword targeting to reach people in your area who searching for apartments. Youtube Ads can be various lengths from 5 to 60 seconds and even longer. Check with your videographer if their package includes different lengths of your video to make sure you are getting the most out of YouTube. Read our article about the “5 Best Practices for YouTube Apartment Ads”  to learn more about how you can optimize your video ad campaign on YouTube.

Conclusion

There you have it! Now you know what video content you need to market your community and which platforms to advertise on. That wasn’t so bad, was it? There is one last step and that is making sure you keep that great content coming!

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5 Best Practices for YouTube Apartment Ads https://conversionlogix.com/blog/5-best-practices-for-youtube-apartment-ads/ https://conversionlogix.com/blog/5-best-practices-for-youtube-apartment-ads/#respond Mon, 18 Mar 2019 21:52:54 +0000 https://conversionlogix.com/?p=7667 Facebook and Instagram steal a lot of the spotlight in the advertising world. But they aren’t the only powerful players in the advertising game. Google’s social media frontrunner, YouTube is now the most used social media platform in the country. More U.S. adults use YouTube than Facebook, Instagram, Snapchat or Twitter. They aren’t just watching … Continue reading 5 Best Practices for YouTube Apartment Ads

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YouTube Apartment Ads

Facebook and Instagram steal a lot of the spotlight in the advertising world. But they aren’t the only powerful players in the advertising game. Google’s social media frontrunner, YouTube is now the most used social media platform in the country. More U.S. adults use YouTube than Facebook, Instagram, Snapchat or Twitter.

They aren’t just watching cat videos all day either. American adults are watching thousands of years of apartment video content. In the past few years, YouTube viewers spent over 7,300 years of watch time on apartment and home tour videos (YouTube Advertising).

We know most U.S adults watch YouTube, and we know that they are watching apartment content, but are they watching ads?

On average, one-third of people who are presented with one of our client’s apartment ads actually views (watches or engages) with the ad. (Google defines a view as someone who watches 30 seconds of your video, someone who watches the duration of the video if it’s shorter than 30 seconds, or someone who interacts with your video.) These views aren’t expensive either. It only costs an apartment advertiser $0.05 per view (on average) to reach apartment seekers in their local area.

So what is holding so many communities back from advertising on YouTube? Many communities don’t know much about the advertising options that exist on YouTube or what to include in the video creation process. In this blog post, we share five best practices communities can use to overcome those hurdles and successfully advertising their community on YouTube.

1. Run 30-second or longer in-stream video ads

Over the last few months, we’ve been testing a variety of video lengths for apartment ads on YouTube. We’ve tested 6-second bumper ads, 15-20 second in-stream ads, and 30 second or longer in-stream, ads. We’ve found that in-stream video ads that are thirty seconds or longer receive better ad engagement rates than their shorter counterparts.

Bumper ads had the lowest click through and post view rates when compared to 15 seconds, 20 seconds, or 30-second ads. These short, six second ads, don’t provide enough time to successfully introduce apartment communities on YouTube. While these short ads aren’t the best for building brand awareness, they can be helpful as a reminder retargeting ad for someone who has already visited a community’s website and are able to recognize the brand from a quick video ad.

2. Highlight the location of the community

Location. Location. Location. This is one of the most important things to an apartment seeker. If you leave out your location or fail to present it prominently at the beginning of your ad, people will skip or ignore your ad. It’s critical that your advertisement is relevant to the viewer. Even if your targeting options only encompass your local area, you still need to make it clear that you are an apartment community located in “X” area at the beginning of the video. It’s even more helpful to the viewer when you describe where your community is in relation to landmarks or well-known neighborhoods.

3. Give prospects a tour of your community

Apartment ads that feature a tour have higher click through and post view rates than apartment ads that only feature lifestyle content. Our previous research found that combining both tour and lifestyle content leads to even better ad performance.

Apartment seekers want to see your community. They want to know what the units look like and they want to see the amenities in action. Make this tour content even more engaging by showing someone using the apartment unit or enjoying the community’s amenities. To learn more about tour vs. lifestyle video best practices, check out this blog post.

4. Use affinity targeting and custom intent targeting

YouTube runs on Google’s ad platform, and Google has been making many of the features that are available in search ads, available within YouTube. One example of this is custom intent audiences. Communities can now target people on YouTube who search for apartments in their local area. We’ve found that non-brand local apartment campaign keywords work really well for keyword targeting on YouTube (think “apartments near me”, “apartments located in (city)”, “apartments near (city)”).

Advertisers can also use affinity audiences (these are similar to Display or Facebook audiences) to target people on YouTube. These audiences allow advertisers to target people who are ready to move, people who have been searching for apartments, and a variety of interest-based options like people who like pets, people who like fitness, foodies, etc.

5. Segment ads by floor plan

If you want to get the most out of custom intent targeting, consider creating video tours of different apartment units. Then present these ads to apartment seekers interested in specific floorplans. Blend affinity audiences and custom intent audiences so that every time someone in the market for an apartment in your local area searches 1 bedroom floorplans, they see an ad for your community’s 1 bedrooms. This strategy is especially helpful for communities who end up with a lot of vacancies for a specific floorplan and need to get the most qualified traffic possible.

The post 5 Best Practices for YouTube Apartment Ads appeared first on Conversion Logix.

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