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Matt McAllister - Content for People

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  34. THE DETAILS These slides contain the speaking points I detailed in my presentation so you can reference it after the hangover subsides. multifamily-social-media.com 35
  35. VIDEO FOR PEOPLE Social media is no longer a trend. Facebook, Instagram, Twitter, Snapchat, LinkedIn, and YouTube are proven advertising platforms that have given marketers the tools to drive messages directly to consumers in a way that no marketers have been able to take advantage of before. No one can argue that. As marketers, we have to move beyond the concept of just having a presence on social media to being hyper focused on exactly what we’re putting there. Because just being there is no longer a marketing advantage. Just having a branded Snapchat account with 27 followers is no longer an automatic win. And, because 1/3rd of all online activity is spent watching video according to our good friends at Hubspot, video should be what we’re doing. We’re going to discuss the worldwide epidemic of marketers forgetting about people. So, just for this presentation, let’s consider dropping the term “social media strategy” and focus on “video for people strategy”. If you take one thing away from this presentation, it has to be that we must create content that people want to see where they’re seeing it. multifamily-social-media.com 36
  36. GHOSTS OF VIDEO PAST Within the last 3 to 5 years, video on social media has become huge. With Facebook Instagram, joining YouTube in allowing you to incorporate video into their organic and paid product, the running theme was video everywhere all the time. With this came the age of content crap. Which means we were all encouraged to post as much video as we possibly could on every platform. The goal was to be seen everywhere as often as possible with little thought to quality. Even huge brands like Proctor and Gamble fell into the trap. We were arming our marketers will cell phones and telling them that video mattered more than anything. Then, the consumer obviously kicked back. They were tired of seeing crappy video that didn’t entertain or educate them. And then the platforms kicked back, limiting what was seen on their news feeds by algorithms because the consumer wasn't happy. They started rewarding quality. multifamily-social-media.com 37
  37. YOUR TRUE COMPETITION Our customers kicked back for the same reason they don't watch bad TV shows. They don't want to be marketed to for the sake of marketing. They wanted to follow brands with marketing that was memorable. Because let's face the facts. When you release a video (any video) on social media, you’re not competing with other real estate brands. We love to think that consumers are watching our videos and only comparing them to videos produced by other real estate companies. When we stop to think about people behavior, that’s simply not the case. Village River Oak Hill Apartments isn’t competing for brand attention with Pine Stream Cliff Lofts. People are comparing your video to the Nike video they saw right above it on their news feeds. They’re comparing you to the H&M holiday video that was directed by Wes Anderson. multifamily-social-media.com 38
  38. THE PREVAILING QUESTION Video is for people. People must be at the forefront of our process whether we’re creating or releasing it. Our video must be high-quality because you’re competing against Nissan, and it must tell a story because it’s competing for the attention of people just like ourselves who want to be entertained instead of just sold to. So we saw the past of video marketing. What's the future? Quality over quantity. Taking huge strides to create and post incredible and competitive video instead of a lot of video. But making video needs to be a huge part of our marketing mix. multifamily-social-media.com 39
  39. VIDEO IS POWERFUL YouTube videos reach more 18 – 34 year olds than any cable network in the country. And the average user duration time is 40 minutes! Facebook is generating more than 8 billion video views per day. Social media video generates 1200% more shares than text and images combined. Companies using video see 41% more web traffic from search than companies who don’t. Video is incredibly powerful. We need to use that to our advantage. But only good video is powerful because those are people actions. Sharing, viewing, visiting your website. Those are things people do because they love your marketing. multifamily-social-media.com 40
  40. SOCIAL MEDIA ADS You created a great video. Now how am I supposed to compete with Google’s million dollar media buy budget? Target locally instead of globally Target specifically to serve ads to qualified leads multifamily-social-media.com 41
  41. ADS ARE THE BEST OUTREACH No one wants to see print. I speak to a lot of real estate marketers. We always talk about flyers. I always ask what their purpose is. They say they're for brand awareness and brand impressions. When I ask how they perform, no one can give me an accurate answer. When I tell them I can take the money they spent on printing flyers and create a social advertising campaign with the same objectives and achieve ten times the return all while showing them the exact results, the conversation changes. And this is a people based marketing presentation. How many of us love to accept a flyer? How many of us would see a guy standing in the middle of the sidewalk tonight and walk up to him and grab the flyer out of his hands and read it right then and there? None of us! Marketers are supposed to make people fall in love with brands! How are we supposed to do that when we're resorting to doing things to our customers that they hate? People look at their phones 110 times a day. Picture that. 110 times. Another big rebuttal I address is, "How am I supposed to reach them on campus or around the market without flyers and t-shirts?". What are they looking at when they're trying to ignore your flyer and walk past you?! Their phone! And I challenge you to pay attention to people sitting in passenger seats next time you drive. Count how many of them are on their phones instead of looking up at billboards. People! According to MarketingCharts, fewer people are watching live TV and listening to radio than ever. Recent Facebook algorithm changes have given a priority to content created by your friends and family. Simply posting a video to your Facebook page is getting seen by fewer people than ever. Search ads don’t allow you to build a brand following. They’re great for customers shopping at the end of your funnel with their wallets out, but nobody’s ever remembered or followed a brand because of a Google search ad. Our goal as marketers should be to create a long term brand following. Even if you're short term holding a property, long term is 6 months in today's consumer mind. multifamily-social-media.com 42
  42. HOW THEY LOOK & WHERE THEY SHOULD GO Now that we know we should definitely be using video on social media and we should definitely be considering social media advertising for our videos, let's talk about what’s important TO PEOPLE when we’re thinking about creating video and how important it is to consider people when you decide where on social media should it go. multifamily-social-media.com 43
  43. EMPATHETIC THOUGHT Focus on people. That’s the first part. When faced with an issue that marketing can solve, don’t go to the easy solution. Go to the solution people care about and recognize. Don’t advertise a value play option as cheap or “look how many tacos you can buy with the money you save”. Advertise it for why people purchase low priced items. Because there are more important things to spend their money on. multifamily-social-media.com 44
  44. QUALITY MATTERS There’s a difference between a video shot on a cell phone or DSLR camera and a video shot on a cinematic camera. There’s a difference between a video shot with a crew considering all lighting possibilities and one shot with one guy. There’s a difference between professional actors and residents appearing in videos. There’s a difference. And the consumer can tell. Every brand viral marketing video you’ve ever seen has utilized all of those things and more. Pay more for quality videos that your audience will love by paying less for the quantity of your video. multifamily-social-media.com 45
  45. STORIES MATTER If we asked everyone in the room what their favorite ads of all time are, they would mention ads with stories. I’d go out on a limb to say not a single one of us would mention that video of the gym from that apartment community in Atlanta. I would also say that it’s probably not the video from the pool party. We are inclined to want to hear stories from the time we’re children. Make your brand one that tells stories and you’ll have people lining up to hear them. multifamily-social-media.com 46
  46. BEING DIFFERENT MATTERS MORE The cardinal sin of marketing is to do what your competitors are doing. But, in real estate, we seem to often be continuously checking the same boxes everyone else is. Every single one of us in this room needs to achieve brand awareness. Real estate brands are not exempt from branding. We do significantly less of it. But it’s also why we have significantly less of a long term brand following than consumer products. Right now, a lot of us are spending money on t-shirts, events, flyers, and emails to build brand awareness. Guess what? So is every one of your competitors in this room. Do you know what many real estate brands aren’t doing? Telling great brand stories through great video. If we’re marketers, we’re intended to solve problems differently than anyone else. When you’re solving for a lack of brand awareness, competitive advantage awareness, location awareness, or self-awareness, place your priority on the quality of your creative, how it tells your story differently than anyone else your competing with, and how people will WANT to interact with it. multifamily-social-media.com 47
  47. MY BIGGEST PET PEEVE Is on the next slide. multifamily-social-media.com 48
  48. LAZY DISTRIBUTION THAT’S NOT PEOPLE FOCUSED Great video is great. But great video is not great on all platforms. Again, we have to think about making a person’s day better because they saw our video. And where you put your video is more than half the battle. Let’s all agree to never just “put something on social media” again. multifamily-social-media.com 49
  49. MARKETERS NOT ARTISTS Artists can make something beautiful, 12 people see it, and still be considered a great artist. If my work is seen by 12 people, I might have to start looking for artist jobs. Where and how our content is engaged with is just as important as what it is. Make sure you notice that I said engaged with and not seen. Anyone can buy impressions. You can’t buy recall. That's where quality storytelling comes into play. Creating a video and just throwing it on every platform you can imagine is a disgrace to people and their platform behavior. multifamily-social-media.com 50
  50. PEOPLE BEHAVIOR: YOUTUBE One of my biggest pet peeves in marketing is when I see a great spot, one I love to watch in its entirety, as a pre roll ad on YouTube. I recently watched a great video ad with an incredible story. It was shot beautifully, and I probably watched it 12 times. A few days later, I was listening to a podcast on YouTube and heard the same ad start. And I almost lost it. The first 5 seconds of this video are a background song building up, a fade in from black, and a shot of feet walking! There was literally no adjustment to the story to fit the people behavior of the platform! It was a wasted dollar and a wasted impression. multifamily-social-media.com 51
  51. PEOPLE BEHAVIOR: FACEBOOK According to an article by Digiday in May of 2016, 85% of users won’t hear the audio from your video on Facebook. Facebook only plays audio when a user clicks on the video. That means we have to create video knowing that it has to be visually appealing. We have to attempt to create video that could share our message without audio. Or we have to create video that can easily be transcribed into captions. multifamily-social-media.com 52
  52. PEOPLE BEHAVIOR: INSTAGRAM Instagram has an interesting stat about faces. Georgia Tech posted a study that claimed that Instagram content that featured faces get 38% more likes than content without faces. Instagram is another platform where audio isn't automatically played. It's also a platform where video engagement lags behind picture engagement. That's good to know! Maybe Instagram ads shouldn't be a part of your distribution plan if you don't have a lot of money to spend. Knowing people's behavior can help you save money. multifamily-social-media.com 53
  53. MAKE PEOPLE WANT TO SEE YOUR MARKETING Create great marketing that people wait to see and talk about. That’s how you secure yourself from the ebbs and flows of a market. A long term brand following is a security blanket. multifamily-social-media.com 54
  54. KEY TAKEAWAYS Have a video for people strategy. Not a social media strategy. Have a YouTube campaign instead of a video campaign that’s also on YouTube because people want to watch different videos there than on LinkedIn. One valuable message is great. But communicating it differently with people in mind is necessary. Consider how your high quality video could be adjusted to perform best on different platforms. Get your hands dirty with social media advertising. Spend $50 on experimental campaigns on Facebook/Instagram, LinkedIn, Twitter, YouTube, Snapchat Geo Filters, etc. The only way to let data drive your content is to see it happen yourself. If you’re a creator, go to great lengths to understand how your creative performs. That’s why we’re marketers and not artists. The best creative in the world is being created with analytics in mind. Know how to write better scripts, film better action, and come up with better concepts because you personally saw their performance. And don’t worry about whether or not you can trust your vendors because you know what they’re doing. The key! Because you’re now creating based off of what your friends, family, colleagues, and the guy walking down the street desperately WANT to see, quality matters more than anything. According to Adelie Studios, 62% of consumers are more likely to have a negative perception of a brand that published a poor quality video. Know who you’re competing against for attention and only produce work that people want to see just as much as they want to see Wes Anderson’s. Work with whoever you have to in order to do that and be efficient by waiting to produce great content instead of just a lot of it. I’d rather not produce a video for 3 months than produce 100 average cell phone videos that are competing with Nike, Dove, and Geico every day on my audience’s News Feed. Everyone in the room wants to watch great video. Anything less is a negative experience with your brand. We’re not competing for attention on social media with the apartment down the street. We’re competing with the big boys. And you can beat them because you’re focused on a local audience as opposed to their global one. Do your part to make people like us! multifamily-social-media.com 55
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