by threshold | Nov 18, 2021 | Creative, Design, Marketing, Tech/Web, Thought Leadership
Written by Heather Ford, Senior Designer & Web Developer
People love a good story. It’s been scientifically proven that when humans hear a story that they like, it can increase their levels of oxytocin, the ‘feel good’ hormone that boosts feelings of happiness, empathy and trust. Savvy marketers have been capitalizing on this for ages, creating engaging stories for brands that resonate with people and, ultimately, persuade them to open their wallets. (Super Bowl ads, anyone?) Storytelling works in marketing because, beyond the brain hormones, it gives people a way to relate to your brand on a human level. And in the digital world we live in, this has never been more important.
While print and especially video media seem the obvious choice for this sort of humanized communication, there is another, maybe counterintuitive, area that property developers and managers can take advantage of storytelling’s powerful ability to sway the hearts of their potential tenants: their real estate website.
All good design uses color, shape, flow, imagery and copy to craft a story. Beyond these things, you can consider the common ‘three-act’ structure that many stories use when laying out the structure of a webpage:
Act 1: The Set Up. This is where your audience is introduced to the main idea of the web page they are looking at. It’s the hook that makes them keep reading, so an apartment webpage hero should be visually interesting and clear in its messaging. Act 1 in a story is also when an inciting incident happens, or a thing that drives further action. In the case of web design, this can be a strong, punchy call to action.
Act 2: The Action. This is where the bulk of the plot, or in the case of property websites the detailed information, occurs. Any text or content-heavy sections of your web page, like exhaustive lists of features and finishes, should go in the middle. Once the viewer has been introduced to the main idea of the page they are on, they can decide they want the information that is below the hero section.
Act 3: The Resolution. If you’re feeling super fancy, you can also call this the ‘denouement’. At the end of your webpage, don’t just let your content fizzle out. People have made it all the way to the bottom; they deserve a satisfying conclusion to the story. Use this as an opportunity to outline how your property solves a common pain-point for renters, or create a sense of urgency and provide a clear next-step for your users, like “Apply Now!”
A single page on your property website can encompass an entire story, or a piece (a chapter, let’s call it) in an overall story you are trying to tell about your brand. Given the way people interact with web pages, scrolling is just like page flipping. Rather than jumping randomly from page-to-page, users progress through information as a linear sequence. Because of this, a story on a website has to unfold vertically, and not in small chunks that have no visual connection between them. Unlike books, there are many ways websites can enhance this to their advantage, such as:
- Using animation. Animation on a website can be used to enhance people’s attention toward important plot points (useful information, promotions, or CTAs) and shift their attention from one place to the next, allowing you to control the flow of the story.
- Stories within stories. Embedded, interactive elements and social feeds can be used to strengthen user engagement. These are natural storytelling mediums that have been proven to improve SEO because Google knows they enhance the user experience.
- Parallax scrolling. This technique allows for interesting transitions from one section on a webpage to the next and can be combined with well-crafted illustrations and diagrams to create strong storytelling.
- Video content. Good stories use what is called “indirect characterization,” which means showing rather than explicitly telling the audience something about a character. Video content is a powerful way this can be used in apartment marketing websites. You can say that you are a family-friendly property, or you can display a video hero that shows children playing and family-friendly amenities which says the same thing—if not more—to your viewers.
Storytelling in web design is much more than words and brand voice. While these are definitely important elements, it is the unique opportunities that the digital platform offers that can really enhance a real estate brand’s story and turn a really mundane experience into a compelling one that will keep your viewers at the edge of their seat.
Sources:
1 – Speaker–listener neural coupling underlies successful communication
2 – 5 Storytelling Techniques Applied to Web Design
3 – How To Start Your Story: Story Structures
by threshold | Jan 12, 2021 | Digital Marketing, Marketing, Tech/Web
With COVID-19’s disproportionately high impact on older generations, it goes without saying that the senior living industry has likewise felt the brunt of this pandemic. As we keep our eyes on industry trends, we’ve compiled a few takeaways for our senior living clients and their competitors as they navigate the effects of the pandemic on their brand reputation, lead traffic, and ultimately lease rates. These challenges aren’t felt universally or with the same severity for all communities within the senior living industry, but they may have long-lasting ramifications for brands in this vertical.
In this post, we’ll be breaking down what effects we’re seeing in the industry, what’s causing these effects, what can be done to mitigate them, and what we can expect moving forward. Looking for senior living marketing tips to help your community respond to the pandemic? You’ve come to the right place. Let’s get into it.
The Effects of COVID-19 On the Senior Living Industry
When it comes to the top Key Performance Indicators (KPIs) we use to measure marketing success for the real estate industry, the impact of the pandemic on senior living communities is similar to that seen by other segments of the housing industry: occupancy is down, costs are up, and brand reputation is less stable.
But these are the short-term effects of COVID-19. It remains to be seen how these shifts will ripple into the future. Senior living brands enjoy some security in the simple fact that aging is inevitable and the next wave of seniors will still need assisted living and memory care. However, at the present moment, long-term care facilities have been hit hardest by COVID’s effects, followed by assisted living communities. In Q2 of 2020, the National Investment Center for Seniors Housing & Care reported that the average occupancy rate for senior housing properties dropped to a historic low of 84.9%.
Less clear is how the pandemic will effect the Active Living industry. The good news for this segment of senior living is that their KPIs have been less impacted than their assisted living and memory care counterparts. Occupancy at active/independent communities has remained relatively stable. Regardless, we may begin to see an increased effort among Active Living communities to distance themselves from the term “Senior Living” in order to skirt the perception of senior communities as risky places to live right now.
What’s Causing These Effects?
In addition to the direct, human impact of the coronavirus, the pandemic also impacts the senior living industry in indirect ways. For example, press coverage focusing on outbreaks or the risk of outbreak in these communities compounds the perception of all such facilities as unsafe places to live (or for one’s parents to live). This negative perception can extend even to those communities that have strong safety measures and have not suffered an outbreak.
After all, while we’ve all seen the headlines about outbreaks at senior care communities, the average person is less likely to look beyond the headline to fully ascertain the factors that are most likely to lead to outbreaks. This contributes to an imperfect understanding of the true level of risk, which is only exacerbated by the fact that scientists and the press alike have been playing catch up to understand how this virus spreads and impacts the body. All that uncertainty makes it hard for seniors and their adult children to feel confident in their housing choices, resulting in fewer leads and leases.
Furthermore, the recession kicked off by the pandemic is still building. Its impact will continue well beyond the current moment, likely for years to come. Since many seniors looking for independent or active living must sell their homes before making a move into a senior living community, a recession may inspire this group to delay this transition for as long as they’re able. In other words, this demographic may choose to age in place a bit longer, resulting in less demand for independent living.
As for memory care and assisted living, the recession may impact these sectors as well, although in different ways. It may impact how much seniors or their families are able to spend on their care. It will also likely mean that some families opt to (or are forced to) care for their senior family members themselves rather than paying for the extra care provided by an assisted living or memory care facility.
In addition, costs are up for senior living communities as they hire more specialized staff, buy more protective gear, and contend with increased demand for the supplies they need to serve their community. Additionally, while senior living has often relied on in-person tours and marketing, the pandemic has required communities to move more of their leasing efforts into the digital space, resulting in additional expenditures on technology like virtual tours, live chat bots, and more. Not only that, but seniors currently residing at these communities are looking for ways to stay connected with their families who may be unable to visit in person, so some communities are accommodating that with added digital amenities, resulting in additional up-front tech costs.
What Can We Do?
We’ve published a number of guides that can empower senior living brands with better marketing during the pandemic, including our blog post on How To Adapt Your Real Estate Marketing During COVID-19.
Additionally, we highly recommend our more recent guides covering Digital Apartment Marketing Tips During COVID and a Tour Guide Playbook with best practices for tours and lead nurturing during COVID.
In addition to what you’ll find in these guides, we have a few recommendations to add specifically for the senior living industry. The first is to explore Addressable Marketing campaigns using geofencing technology. Campaigns like these have the ability to target users at their household—like a direct mailer for the digital age—and can reach audiences based on factors like age, the number of members in their household, and a variety of interests.
Finally, your messaging around COVID is of paramount importance when it comes to nurturing the leads that do come in. This is likely to remain top-of-mind for a while, especially for the senior living industry, so any prospect who is unable to easily find information regarding COVID-19 on your website, GMB page, or by email is likely to take their search elsewhere. Be as transparent as you can about your respond to COVID-19. Make this information easy to find throughout your digital presence, including your website, GMB, and social accounts. Show that you are taking concrete measures to promote social distancing and minimize the risk of outbreaks.
Being up-front with this information may seem like it’s calling attention to the risk the pandemic has created, but that ship has already sailed; your prospects are thinking about COVID when they decide where to live, regardless of whether you bring up the topic yourself. The best you can do is help assuage their concerns by making it crystal clear that you are doing everything you can to keep seniors and their loved ones safe.
by threshold | Oct 20, 2020 | Creative, Digital Marketing, Marketing, Thought Leadership
Believe it or not, email is still one of the most effective ways to nurture leads. Though the digital landscape has evolved dramatically, folks across all age groups still use email every single day—for many, it’s the first thing they do after waking up.
Not only is email marketing a reliable way to reach your audience, it’s also a powerful strategy for relationship building with prospects and current residents alike. It particularly excels as a retargeting strategy, keeping your property top-of-mind at various stages of a prospect’s housing search or reminding a current resident of all the reasons to renew. But the best part of all is that it’s one of the most cost-effective strategies you can incorporate into your real estate marketing plan. That’s why the right email marketing strategy can make a major impact on your real estate marketing goals. Let’s talk about some of the top strategies you can employ to get better email marketing results.
Always Begin With “WIIFM”
In other words, “What’s in it for me?” Especially in our busy day-to-day lives, people need to feel confident that your email has something to offer them. If it’s a waste of their time and attention, it could do more harm than good as they form their impression of your brand. So avoid waxing poetical about your brand or providing unnecessary information. All the info you include, every link to another page, and every element of the design should provide some clear value to the user on the other end. Remember, it’s not about you, the brand, it’s about the bridge you create between your brand and the user.
Personalize Emails Whenever Possible
People appreciate a personal touch, especially when they get so many emails every day that are sent to a mass audience. Where you choose to live is one of the most personal decisions you can make, so prospects and residents shouldn’t feel like they’re just a faceless number in your leasing pipeline. When you can, personalize emails with a salutation using their first name or, if applicable, a reference to content from their previous email. Touches like these show your audience that they’re seen as individuals, even in cases where you don’t know anything about them yet.
Send Regularly, But Not Too Often
Whether you’re following up with prospects or communicating with current tenants, you need to show you care without becoming a nuisance. Bear in mind that most people get many emails every day and are likely to ignore, archive, or delete emails that arrive so often they become spammy. Sending an email once a week is typically the maximum you should aim for, while once per month is about the minimum.
There are exceptions, of course. When communicating about a time-sensitive issue like community-wide repairs and renovations or following up on a prospect’s email, don’t worry about the frequency of your sends. These should be considered ad hoc emails rather than a part of your regular email marketing cadence.
When it comes to your marketing-focused emails, planning ahead will help you ensure you’re getting the message out without sending emails so often that it becomes spammy. It will also help you plan ahead to for marketing campaigns appropriate to your seasonality. For example, you might plan a renewal campaign in the months leading up to what’s traditionally your slow season, or you might plan an email advertising holiday deals for new leases to go out in mid December.
Improve Open Rates with Better Subject Lines
Even a stellar email design can be useless if the email is never opened. The most influential factor determining whether a user opens your email is the subject line. In order to encourage email opens, it’s essential that you provide compelling info toward the beginning so that the important stuff isn’t cut off based on the size of your user’s screen and inbox layout. Other tried-and-true strategies include using a number (Save $500 By Referring a Friend), including an emoji (Immediate move-ins available on 1-bedrooms😲), including a first name (Hi, Chad, thanks for reaching out!) or posing a question (Have you seen our pet-friendly amenities?).
Improve Click-Through-Rates By Leaving Room for Curiosity
When your goal is to get users to visit a web page, it’s best to leave them guessing. Provide just enough information to entice them without providing the whole story. This way you’ll have convinced them there’s something they want on the other side, but they have to click through to get it.
For example, say you’re running a special on certain floor plans and you want to direct users to your floor plan page where they can see specials, explore floor plans, and hopefully begin an application. You might leave room for curiosity by saying something like, “Get 4 weeks FREE on select 1-Bedrooms! This and other great incentives are available for a limited time. Visit our website to learn more and see if you can snag the perfect deal for you.”
Improve Click-Through-Rates With a Clear CTA
Since the point of email marketing is typically to drive your audience toward specific actions (visiting a webpage, starting the renewal process, completing an application, scheduling a tour, etc.), it’s important to make that desired action clear. The clearest way to signal this information to your audience is through the use of Call-To-Action (CTA) buttons that stand out from the rest of the email.
Keep the copy on your CTA buttons short and to-the-point; it should be clear, when clicking, what the outcome will be (no one appreciates a bait-and-switch). For example, “Apply Now” should take users to a page where they can start an application. “See Floor Plans” should take users to your floor plans page. A “Learn More” button beneath a headline about specials should take a user to a page that contains more information about your specials. It’s pretty straightforward; just bear in mind that the goal is to match up a user’s motivation when clicking to the outcome they actually get on the other side. Otherwise, they’re likely to bounce without ever completing the desired action. And that experience may even sour them to your brand moving forward.
Make Copy Easier to Skim
Even when you have a lot to say, keeping things brief is the best way to ensure your audience actually digests the information you provide. So keep things short, whether it’s your subject line, headers, paragraphs, or CTA copy. The easier an email is to scan, the more likely your audience is to interact with that email and ultimately take the desired action instead of becoming bored or frustrated and moving on with their busy day. Other elements that can make copy more scannable is the selective use of font weight, color, and size to emphasize which parts are most important. We’ve done that in this blog post, for example.
Use Simple, Branded Email Designs
An email doesn’t have to be stunningly designed to be effective, but it should follow the basic principles of UX. That means a design that provides a clear hierarchy of information, appears legibly on all devices (more on that below), and uses a color palette that’s easy on the eyes. Your emails should also consistently use elements of your branding, including your logo, brand colors, and brand voice so that users know exactly what sort of email they’re looking at as soon as they open it, and any users who receive multiple emails from you begin constructing a consistent impression of your brand, building familiarity and hopefully even loyalty.
Since creating excellent email designs can be time-consuming, creating a number of templates can be especially useful. This way you empower your team to do more with email marketing without an exorbitant amount of work needed to make it happen day-to-day.
Use Mobile-Friendly Designs
Bear in mind that, these days, most users will be checking their email on their phone. That’s especially true during the morning and evening hours. So designing an email that looks great on desktop but terrible on a mobile device will likely result in poor click-through-rates and conversions. That’s why we recommend designing emails for mobile first instead of designing for desktop, then trying to translate that design into a mobile version.
Consider Time-of-Send
The day of the week and time of day can have a significant impact on open rates and CTR. Understand your target audience’s typical day-to-day, then schedule your email sends to go out when folks are most likely to open and click through.
There are a number of philosophies regarding the best time to send out an email. Some like to reach audiences right when they’re waking up in the morning so that their email is at the top of their inbox when they start checking emails. Others find that sending over the lunch hour or as work is wrapping up for the day to be the best time to command the attention of otherwise busy prospects. And different audiences will have different daily routines; for example, consider the different lifestyles of student versus multifamily versus senior housing residents.
The best way to select your time of send is to test the waters. A/B testing is a particularly powerful option to determine what the best time of send may be for your overall audience. Over time, you can learn what times of day result in the most opens and clicks among your audience and then send at those times moving forward.
Build Email Lists With Lead Gen Campaigns and Contact Us Forms
Collecting the email addresses of current residents is easy enough, but building an email list of prospects is harder. While it may be tempting to buy a contact list to expand your email marketing reach, this is a particularly poor strategy for apartment marketers because it mostly results in a list full of unqualified prospects who will ignore or unsubscribe from your emails. They’ll also likely report your emails as spam, which can impact the performance of your email marketing down the road.
So we recommend gathering your contacts list the old fashioned way. The primary way that apartment communities tend to collect email addresses is through contact form fills on their website, but that strategy tends to capture folks later in their buyer journey, when they’ve already entered the consideration phase. Adding other strategies that can collect email addresses from folks earlier in their journey can help bring more prospects into your lead nurturing funnel, where you really have the ability to wow them. Facebook Lead Gen campaigns are one way to capture email addresses from people who have visited your website or searched for housing, but wouldn’t necessarily have reached out to contact you.
Just don’t forget, people are used to getting lots of spam in their inbox, and may feel hesitant to give out their email address. Clearly demonstrating what’s in it for them (i.e. providing clear value) will make them more likely to go through with handing over the keys to their inbox.
by threshold | Oct 13, 2020 | Culture, Marketing, Tech/Web
Updated 9/8/21
With the oldest representatives of Gen Z now 24 years old, this generation has already redefined the student housing market and is well on its way to doing the same for multifamily. As their coming of age continues to change the student housing and multifamily industries, here's what you should know if you want to remain at the cutting edge of the industry and future-proof your marketing strategy. We'll break down who Gen Z is, what motivates Gen Z's housing choices, and how to market housing to Gen Z. Let's dive in.
Who Is Gen Z?
First of all, let's nail down some definitions. Although from a practical standpoint, generational boundaries are more of a guideline, the official birth years for Gen Z fall between 1997 and 2012. That means as of 2021, the oldest Gen Zers (or "Zoomers") are now 24 years old. As a result, many Gen Zers are now becoming first-time renters in both the student housing and multi-family markets, and within the next decade, the entire generation will be 18 or older.
Besides their years of birth, Gen Z is defined by the digital and cultural trends that formed (and continue to inform) the zeitgeist of their formative years. This generation is dominated by digital natives—i.e. people who have not only never experienced a time without the internet, but who grew up using smartphones, social media, and other digital technologies and platforms. They are on track to be the most educated generation on average and tend to be socially conscious and climate conscious.
In terms of their values, Gen Z is considered to be similar to Millennials but antithetical to the Boomer generation. Many Gen Zers appear to reject the traditional values of the Boomer generation: for example, Gen Z is less likely to value buying a home, marrying young (or marrying at all), having children, achieving traditional career success, or conforming to traditionally-defined gender roles.
What Motivates Gen Z?
Gen Z's digital and social sensibilities define their key motivations within the housing market. For example, it should come as no surprise that, even more than Millennials, the digital natives of Gen Z are motivated by smart home tech, access to high-speed internet, and a property's digital presence. They prefer having the ability to learn about a property online without first having to visit in person and expect online options for lease applications, rent payments, and maintenance requests. In a similar vein, this group—accustomed to having so much of their life at their literal fingertips—appreciates convenience and will choose housing options that cater to it.
Beyond their digital expectations, Gen Z is also highly motivated by affordability. As this generation enters the market during one of America's most staggering recessions, when tuition costs are higher than ever, and job security is hard to come by, they know they have to be frugal and cautious. For similar reasons, this generation values flexibility and efficiency. They want to get what they need without paying for extra; they want low utility costs and high value, and they want the freedom to change their housing when their needs change, especially during a time of instability.
Additionally, this climate-conscious generation is motivated by sustainability. They are early adopters of sustainable alternatives to everyday goods and services and likely to appreciate brands that they see as contributing to climate solutions rather than to climate problems.
How is Gen Z Changing the Housing Market?
As Gen Z enters the renting market, many developers and property management companies are beginning to see what is most important to these renters as well as what are some of the deal-breakers.
We've already seen a shift to online rent payment options, online leasing, and virtual tours. In addition to these changes, we're beginning to see an incorporation of more smart-home technologies with new developments and upgrades to existing apartments. These changes speak to some of the shared values placed on digital convenience and tech-savvy by Gen Z and Millennials. While the latter have been shaping housing trends for over a decade, Gen Z will likely push these trends even further. In particular, smart-home technologies with phone compatibility are likely to be the next wave of upgrades. Some of the amenities we're beginning to see in this area include:
- Smart thermostats
- Smart door locks and keyless entry (for apartments and amenity spaces)
- Package lockers
- Smart speakers (often given as leasing incentives)
- Smart lights
- Smart appliances
- App-based amenity reservation system
On the subject of sustainability, many developers are setting new standards with LEED certification. Since Gen Z values contributing to efforts that protect the environment, we may see an increase in LEED certified buildings and the marketing around these certifications to appeal to the interests of Gen Z renters. Other features and amenities we're beginning to see in this area include:
- Vehicle recharging stations
- LED lighting
- On-site renewable energy
- Recycling options
- Daylighting
- High-efficiency appliances
- Community gardens
Another interesting trend that could emerge is co-living. While it's still a niche industry, co-living may appeal to the convenience and affordability motivators for Gen Z. Younger renters are accustomed to and actively seek out living with a roommate. The housing affordability crisis of today may even motivate Gen Z renters to seek out co-living options in spite of the COVID-19 pandemic and any lingering cultural shift it may create.
How To Market Apartments to Gen Z
Whether you're marketing student housing or multifamily apartments, appealing to a Gen Z audience requires more than just running some ads on Instagram or creating a TikTok for your property. While most apartment marketers and asset managers already know that social media presence is a must when marketing to Zoomers, there are additional factors you should take into account.
Branding & Positioning for Gen Z
Gen Z likes to see authenticity, social impact awareness, sustainability, and modernity from their brands, and apartments are no exception. For new developments, it's easier to steer your branding in this direction, but for existing communities, it can be a challenge to adapt to these preferences after the fact. Consider drafting new brand messaging guidelines for everything from your social media posts to your website and ad copy, then update these digital assets accordingly. Gen Z can smell inauthenticity a mile away, so brand voices that are conversational, approachable, and down-to-earth tend to resonate better with this crowd. And after all, there's something inherently appealing about a brand that appears to "cut through the bullshit" and deliver straightforward facts. While some existing brands can achieve this with just some well-placed tweaks, in some cases, a full rebrand could be the glow-up your community needs to attract Gen Z renters.
Gen Z also tends to prefer a brand look & feel that is colorful, playful, and simple. In general, think organic shapes, minimalist composition, and hand-drawn patterns and textures. By contrast, the ultra-luxe look & feel of metallic accents, moody lighting, and elegant or crisp lines don't tend to play as well with this audience. That's not a hard and fast rule though, so consider which of these elements, if any, will play well with your interior design and existing branding.
Digital Marketing for Gen Z
You already know that a social media presence and social media ads are a must for Gen Zers. To maximize your impact on these platforms, video is a must. TikTok videos, Instagram reels, and Instagram Stories are excellent ways to give quick video tours of your floor plans, show off resident events, introduce your on-site team members, and more.
In addition to these platforms, your website and Google My Business page are also key to earning leads and leases from Gen Z renters. You don't have to have the fanciest website, but a modern feel with solid UX (including, at a bare minimum, no broken links) can go a long way. That goes double for a GMB page with updated info, a working link to your website, attractive community photos, and positive reviews.
And because most housing searches begin with a Google search, especially among the digital natives of Gen Z, Search Ads are a must if you want to reach your prospects when they are most ready to click and convert.
by threshold | Apr 20, 2017 | All, Culture
Name: Emily Barker
Title: Graphic Designer
Emily takes apartment marketing ideas and turns them into apartment marketing masterpieces. She has been creating next-level multifamily marketing brochures, websites, and logos for Threshold for some time now, and we just want her to have her moment in the sun.
Get to know Emily below!
What are 3 words you would use to describe Threshold?
weird, friendly, evolving
If you had an office nickname, what would it be?
Office Daria
What is your favorite line from a movie?
Listen up, Fives. A Ten is speaking. — Jenna, 30 Rock
If you were stuck on an island, what three things would you bring?
coconut radio, a Kindle full of books, notebook & pens
What is the title of your autobiography?
Why Are These Fonts Not Syncing! The Emily Barker Story
What is/would be your motto or slogan?
You can’t have it all, but you can always have pizza.
If you had a superpower, what would it be?
Flight
What is your hidden talent?
I’m pretty good at using a Chinese Yo-yo
If you were famous, what would it be for?
Making delicious Kimchi
Favorite Austin eats?
Las Trankas for street tacos
