SlideShare a Scribd company logo
RP Data  Email & Real Estate David Smerdon Head of Strategy - Vision 6
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
30 seconds on Vision 6: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why consider email?
Campaign Finishes Customer contact is broken with no details captured  The prospect or customer is gone without a trace…
Speed to market Why email?
Tailored  one to one communications that can inspire action - one click away from a sale
More relevant dialog more often =  deeper customer relationships and a more profitable, loyal customer base
Cost Sending 5,000 emails per month; Access fee $50.00 Email send costs $100.00 $150.00 per month Monthly access fees Total Records Monthly Fee 0 - 1,000 $30 1,001 - 5,000 $50 5,001 - 15,000 $90 15,001 - 50,000 $150 50,001 - 500,000 $220  Cost per email Number of Emails Cost per Email 1 - 200 4 cents 201 - 2,000 3 cents 2,001 – 10,000 2 cents > 10,000 1 cent
[object Object],Why direct makes sense? Gatekeepers State newspapers Local newspapers Letter box drops Online i.e. realestate.com.au Intended recipient
Why direct makes sense “ Myer will this year spend more on direct marketing to its Myer One customers than all of its other advertising put together, according to Chief Executive Bernie Brookes”
Will maintaining a relationship with existing customers help or hinder your business into the future?  Word of mouth will always be one of your most cost effective tools. Positive word of mouth propagates leads and email keeps you front of mind…
We’re in a time of microscopic accountability “ I know at least half of my advertising is wasted I just don’t know which half”   Henry Ford
 
 
 
 
Email stats  Vision 6 Email Metrics Report July – December 2008  (based on 182 million messages from 186,000 campaigns) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Is your business in e-denial?
Design, construction and deliverability 5 best practice tips
[object Object],Width 550px fits in vertical preview pane without horizontal scrollbars
Width over 650px. Recipient has to scroll left to write to read the email
[object Object]
[object Object]
[object Object],Email width over 650px. Recipient has to scroll left horizontally to read the email
[object Object]
Images switched off Images switched on
Transactional emails Often a missed opportunity
Transactional emails can give you permission to converse ,[object Object],[object Object],[object Object]
My trip to the coast…
“ Transactional email offers the highest open and click-through rates of any type of email – 70% open rate for transactional email v 33% for opt in email” ¹ “ Less than 1% of email marketing funds industry wide are spent on transactional emails” ² Source: 1. Harte-Hanks metrics, 2005 2. JupiterReasearch, “E-mail Model” November 2005
Advertising is working hard to get new leads But the conversion engine is letting the team down…
 
Apple's iTunes  Transactional e-mail receipts contain three "if you liked this, you'll also like" recommendations, an approach that turns a cost center into a profit center  Clickz 5 th  October 2007
3 list growth strategies
1. Best practice enews registration 1. Website  registration 2. Registration web form 3. Thank you  page 4. Confirmation email 5. Confirmation page 6. First eNewsletter
2. Phone / in-office registration
3. Audit existing assets
Spam compliance
The Spam Act 2003 Three key conditions ,[object Object],[object Object],[object Object],For all commercial electronic messages: Julia Cornwell McKean Manager, Anti-Spam Team
Consent ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],Identify
[object Object],[object Object],[object Object],Unsubscribe
A common sense take ,[object Object],[object Object],[object Object]
Ideas for the real estate industry 1. Lifecycle Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lifecycle marketing, conditional content and geo-targeting Header Footer Standard introduction Conditional content based on area of interest Property listings Open houses
Ideas for the real estate industry 2. Automated triggers ,[object Object],[object Object],[object Object],[object Object]
Ideas for the real estate industry 3. Signs on steroids ,[object Object],[object Object],[object Object]
Questions? Contact: David Smerdon [email_address] Ph. 07 3123 5005

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Email & Real Estate

  • 1. RP Data Email & Real Estate David Smerdon Head of Strategy - Vision 6
  • 2.
  • 3.
  • 5. Campaign Finishes Customer contact is broken with no details captured The prospect or customer is gone without a trace…
  • 6. Speed to market Why email?
  • 7. Tailored one to one communications that can inspire action - one click away from a sale
  • 8. More relevant dialog more often = deeper customer relationships and a more profitable, loyal customer base
  • 9. Cost Sending 5,000 emails per month; Access fee $50.00 Email send costs $100.00 $150.00 per month Monthly access fees Total Records Monthly Fee 0 - 1,000 $30 1,001 - 5,000 $50 5,001 - 15,000 $90 15,001 - 50,000 $150 50,001 - 500,000 $220 Cost per email Number of Emails Cost per Email 1 - 200 4 cents 201 - 2,000 3 cents 2,001 – 10,000 2 cents > 10,000 1 cent
  • 10.
  • 11. Why direct makes sense “ Myer will this year spend more on direct marketing to its Myer One customers than all of its other advertising put together, according to Chief Executive Bernie Brookes”
  • 12. Will maintaining a relationship with existing customers help or hinder your business into the future? Word of mouth will always be one of your most cost effective tools. Positive word of mouth propagates leads and email keeps you front of mind…
  • 13. We’re in a time of microscopic accountability “ I know at least half of my advertising is wasted I just don’t know which half” Henry Ford
  • 14.  
  • 15.  
  • 16.  
  • 17.  
  • 18.
  • 19. Is your business in e-denial?
  • 20. Design, construction and deliverability 5 best practice tips
  • 21.
  • 22. Width over 650px. Recipient has to scroll left to write to read the email
  • 23.
  • 24.
  • 25.
  • 26.
  • 27. Images switched off Images switched on
  • 28. Transactional emails Often a missed opportunity
  • 29.
  • 30. My trip to the coast…
  • 31. “ Transactional email offers the highest open and click-through rates of any type of email – 70% open rate for transactional email v 33% for opt in email” ¹ “ Less than 1% of email marketing funds industry wide are spent on transactional emails” ² Source: 1. Harte-Hanks metrics, 2005 2. JupiterReasearch, “E-mail Model” November 2005
  • 32. Advertising is working hard to get new leads But the conversion engine is letting the team down…
  • 33.  
  • 34. Apple's iTunes Transactional e-mail receipts contain three "if you liked this, you'll also like" recommendations, an approach that turns a cost center into a profit center Clickz 5 th October 2007
  • 35. 3 list growth strategies
  • 36. 1. Best practice enews registration 1. Website registration 2. Registration web form 3. Thank you page 4. Confirmation email 5. Confirmation page 6. First eNewsletter
  • 37. 2. Phone / in-office registration
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46. Lifecycle marketing, conditional content and geo-targeting Header Footer Standard introduction Conditional content based on area of interest Property listings Open houses
  • 47.
  • 48.
  • 49. Questions? Contact: David Smerdon [email_address] Ph. 07 3123 5005