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Background
•Rob Stretch
•Mizzou graduate
•Marketing team began work on VAMC
 5 employees
    • Some web exposure
    • Generating roughly 20 online leads per week

Enter Search Marketing & Lead Generation
• Drive traffic to the Website
• How to Convert Visitors on your Website
Fast Forward 5 Years …
 • Veterans United Home Loans
 • Number 1 dedicated provider of VA Loans Nationwide
 • 1,050+ employees in 15 states (18 locations)
 • 2,000,000+ social subscriptions
 • 350 closed homes per week
It all started with search marketing…
The Veterans United Process


            Customer         Customer fills
                                              VAMC calls back
         searches for key   out form online
                                                within two
          phrase like “VA       for more
                                                 minutes
              Loans”          information
This worked great… but what are
some of the problems with this?
Lead Cost
                      Not all charts that are up and to the right are good

Lead expenses for our main source
have more than doubled in the past
year.

At $15 per lead, click costs per closed
loan is $678. At $30 per lead that
comes to $1355, per closed loan.




For every hundred leads we will closed 2.2 loans
based on our current funnel.
Diversification… Not just for Finance
VAMortgageCenter.com
                     Portfolios




VeteransUnited.com
Beyond Search …
VUHL Searches for new
Online Marketing Channels

Lead Buying/Partnerships

Affiliate Marketing

Content Marketing

Email Marketing

Social Media
Affiliate Marketing
Email Marketing
Display & Retargeting
“I see you guys EVERYWHERE online now!”

1. User comes to one of our
   web properties
2. User gets “cookied” by an
   invisible browser cookie
3. User sees our ads.
   EVERYWHERE.
4. User comes back to our
   website.
Content Marketing
Relationship Building/ Partnerships
Social Media
Social Media is a _________ platform.

What function does social media serve within a
company?
Social Media is a _________ platform.

“Social Media is a Public Relations, Reputation
Management, Customer Relations, and
Marketing platform all rolled up in one.”
Veterans United Invests in Social
  Since 2010 at this time, Veterans United Home Loans has:

  • Increased its social network from <500 subscribers to over 2
    million
  • Increased staff from one intern to a Staff of over 30 full time
    employees and interns
  • Exponentially increased ad spend on platforms such as Facebook
    and Twitter

  But why the investment?
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
Large Scale Publishing Platform
• Push out our content to an audience of
  2,000,000+
• Key for securing blog traffic, email sign-
  ups, promotional campaigns, awareness of
  events, and anything other materials we want
  to push
Large Scale Publishing Platform
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
Social for SEO Benefits


Google                  Bing
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
New Ways to Target




Can now target ads by:

•   Location              •   Interests
•   Age                   •   Languages
•   Gender                •   Education
•   Relationship status   •   Workplace
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
Branding Benefits
• 2,000,000+ social subscribers
• 300,000,000+ friends of fans of our Network pages
• 1.8 billion ad impressions in 2011, over 5 billion in 2012
• 5B/ 100mm = potential saturation = 500 times per
  user
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
Legitimacy, Reputability
• We use our large social presence as leverage
  in a variety of marketing aspects:
  – On the website for CRO purposes
  – In the magazines and print materials
  – In the on-boarding process for new branches
  – In local branch markets for customers and real
    estate agents
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
Lead Cost
                      Not all charts that are up and to the right are good

Lead expenses for our main source
have more than doubled in the past
year.

At $15 per lead, click costs per closed
loan is $678. At $30 per lead that
comes to $1355, per closed loan.




For every hundred leads we will closed 2.2 loans
based on our current funnel.
Competitive Advantage
• Ads are cheap, relatively speaking
• We want to bury the competition before
  prices rise and competitors have a tough time
  replicating
• Right now a connection on Facebook is just
  under $1
• On Twitter, a connection is $3.00 - $4.00
Competition
• Our largest pages:
   – Veterans United Network – 678,000 likes
   – Veterans United Home Loans – 420,000 likes
   – VA Mortgage Center – 167,000 likes


• Our Three Largest Competitors:
   – USAA – 279,000 likes
   – Quicken Loans – 52,000 likes
   – Direct VA Loans – 4,000 likes
Why invest in Social?
• Competitive advantages
   – Large Scale Publishing platform
   – Social Media for SEO benefits
   – New way to target specific segments
   – Branding benefits (strengthened conversions, brand awareness)
   – Legitimacy, reputability
   – Get while the getting is good – bury competition while it’s still
     affordable!
   – Extending the funnel

    – We know the ebbs and flows of internet marketing, and we know the
      time is NOW to invest in social!
The Purchase Funnel
The Veterans United Funnel
Widening the Funnel with Social
One last benefit…
A New Engine for Leads!!!
• So far in 2012…
   –   1505 organic social leads
   –   3856 paid social leads
   –   Total of 5361 leads
   –   30 total home closings
   –   Not counting the call-ins (thousands)


• And that’s without really flexing our lead generation muscles!
• Big things to come from social…
Some stats to leave with…
• Avg. 168,000 likes per month in 2012
• Averaging 10,000 followers per month on Twitter
• In August, 44,000 people came to blogs from social
  (203,000 for 2012)
• 40 – 60 pieces of blog content put out each month
• Over 175 hours of our video consumed in last two
  months (growth area)
• 461,000 organic impressions on Facebook last week!
Questions, Comments?

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Veterans United Social Media Presentation

  • 1.
  • 2. Background •Rob Stretch •Mizzou graduate •Marketing team began work on VAMC 5 employees • Some web exposure • Generating roughly 20 online leads per week Enter Search Marketing & Lead Generation • Drive traffic to the Website • How to Convert Visitors on your Website Fast Forward 5 Years … • Veterans United Home Loans • Number 1 dedicated provider of VA Loans Nationwide • 1,050+ employees in 15 states (18 locations) • 2,000,000+ social subscriptions • 350 closed homes per week
  • 3. It all started with search marketing…
  • 4. The Veterans United Process Customer Customer fills VAMC calls back searches for key out form online within two phrase like “VA for more minutes Loans” information
  • 5. This worked great… but what are some of the problems with this?
  • 6. Lead Cost Not all charts that are up and to the right are good Lead expenses for our main source have more than doubled in the past year. At $15 per lead, click costs per closed loan is $678. At $30 per lead that comes to $1355, per closed loan. For every hundred leads we will closed 2.2 loans based on our current funnel.
  • 7. Diversification… Not just for Finance VAMortgageCenter.com Portfolios VeteransUnited.com
  • 8. Beyond Search … VUHL Searches for new Online Marketing Channels Lead Buying/Partnerships Affiliate Marketing Content Marketing Email Marketing Social Media
  • 10.
  • 12.
  • 13. Display & Retargeting “I see you guys EVERYWHERE online now!” 1. User comes to one of our web properties 2. User gets “cookied” by an invisible browser cookie 3. User sees our ads. EVERYWHERE. 4. User comes back to our website.
  • 17. Social Media is a _________ platform. What function does social media serve within a company?
  • 18. Social Media is a _________ platform. “Social Media is a Public Relations, Reputation Management, Customer Relations, and Marketing platform all rolled up in one.”
  • 19. Veterans United Invests in Social Since 2010 at this time, Veterans United Home Loans has: • Increased its social network from <500 subscribers to over 2 million • Increased staff from one intern to a Staff of over 30 full time employees and interns • Exponentially increased ad spend on platforms such as Facebook and Twitter But why the investment?
  • 20.
  • 21. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 22. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 23. Large Scale Publishing Platform • Push out our content to an audience of 2,000,000+ • Key for securing blog traffic, email sign- ups, promotional campaigns, awareness of events, and anything other materials we want to push
  • 25. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 26. Social for SEO Benefits Google Bing
  • 27. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 28. New Ways to Target Can now target ads by: • Location • Interests • Age • Languages • Gender • Education • Relationship status • Workplace
  • 29.
  • 30. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 31. Branding Benefits • 2,000,000+ social subscribers • 300,000,000+ friends of fans of our Network pages • 1.8 billion ad impressions in 2011, over 5 billion in 2012 • 5B/ 100mm = potential saturation = 500 times per user
  • 32. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 33. Legitimacy, Reputability • We use our large social presence as leverage in a variety of marketing aspects: – On the website for CRO purposes – In the magazines and print materials – In the on-boarding process for new branches – In local branch markets for customers and real estate agents
  • 34.
  • 35. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 36. Lead Cost Not all charts that are up and to the right are good Lead expenses for our main source have more than doubled in the past year. At $15 per lead, click costs per closed loan is $678. At $30 per lead that comes to $1355, per closed loan. For every hundred leads we will closed 2.2 loans based on our current funnel.
  • 37. Competitive Advantage • Ads are cheap, relatively speaking • We want to bury the competition before prices rise and competitors have a tough time replicating • Right now a connection on Facebook is just under $1 • On Twitter, a connection is $3.00 - $4.00
  • 38. Competition • Our largest pages: – Veterans United Network – 678,000 likes – Veterans United Home Loans – 420,000 likes – VA Mortgage Center – 167,000 likes • Our Three Largest Competitors: – USAA – 279,000 likes – Quicken Loans – 52,000 likes – Direct VA Loans – 4,000 likes
  • 39. Why invest in Social? • Competitive advantages – Large Scale Publishing platform – Social Media for SEO benefits – New way to target specific segments – Branding benefits (strengthened conversions, brand awareness) – Legitimacy, reputability – Get while the getting is good – bury competition while it’s still affordable! – Extending the funnel – We know the ebbs and flows of internet marketing, and we know the time is NOW to invest in social!
  • 42. Widening the Funnel with Social
  • 44. A New Engine for Leads!!! • So far in 2012… – 1505 organic social leads – 3856 paid social leads – Total of 5361 leads – 30 total home closings – Not counting the call-ins (thousands) • And that’s without really flexing our lead generation muscles! • Big things to come from social…
  • 45. Some stats to leave with… • Avg. 168,000 likes per month in 2012 • Averaging 10,000 followers per month on Twitter • In August, 44,000 people came to blogs from social (203,000 for 2012) • 40 – 60 pieces of blog content put out each month • Over 175 hours of our video consumed in last two months (growth area) • 461,000 organic impressions on Facebook last week!

Editor's Notes

  1. Which site is safer from external threats?