Urbane Apartments Case Study - AIM 2009

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Mike Whaling, 30 Lines April 30, 2009 Backchannel Twitter: #aimsm

Transcript of Urbane Apartments Case Study - AIM 2009

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Mike Whaling, 30 Lines

April 30, 2009

Backchannel

Twitter: #aimsm

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Download the slides:

SlideShare.net/30lines

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Urbane Goals

Reduce spending on paid listings

Build sense of community and exclusivity

Sell a lifestyle and experience

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Social media is people

having conversations online.

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The conversations are

already happening...

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…So start by listening.

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Ears to the Ground

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No one cares about

the apartment.

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Take advantage

of the tools.

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Online Classifieds

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More Tools

See video on the next slide.

============>

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Give ’em something

to talk about.

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Be Remarkable

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Be Remarkable

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Deliver an Experience

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Fish where

the fish are.

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MySpace

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Facebook Page

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Facebook Profile

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Give Residents Their Own Space

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Become a

community hub.

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Community Blog

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Extend the Reach

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Fail fast.

Try again.

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Make It As Easy As Possible

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Ask for the review.

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Put It in Their Face

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Own Your Name

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Promote Transparency

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How does it all

get managed?

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Resources Required

2.5 employees spend 1-3 hours per day

6-8 compensated resident bloggers

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Total Costs for All Tools:

$973

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$2.86 per unit

for the year

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Urbane Results

Website traffic up 65%

Blog traffic up 4,300% (Grows 35% monthly)

Participation in Urbane Lobby up 400%

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Urbane Results

No paid advertising in past eight months

Nearly 100% increase in lease conversion

Rents consistently higher per square foot

than local competition

Brand awareness drives referrals and

resident retention

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One More Benefit…

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Mike Whaling

@30lines