Loyalty
Apartment Marketing: Paying Rent is a Social Act
Update: 4.30.12 – Social gifting, the new buzzword in e-commerce
I wrote about an idea along these lines sometime ago and Wrapp just might be the early way to get it done.
Original Article
Ran across Pepsi’s Social Vending Machine Story while I was in the process of purging some old files and it got me thinking about ways that we could make paying rent an even more social experience.
Is it reasonable to think that Facebook, Twitter, G+ or even resident portals could be robust enough to allow payments by third parties unassociated with lease contracts and the such?
Following the concept of Pepsi creating a the experience of sending free sodas to friends; could you see the same thing apply to rent payments? If my buddy knows that I have fallen on hard times and wants to help; could he go to our website, log in without disclosing his identity [at least to me] and pay my rent? Or, a portion?
It already happens in the analog world. Or not, if leases are written such that you can not take third party payments [not smart in my opinion]. In the former case, parent’s pay their student’s rent via various payment methods. A process, at least at Mills Properties, that is usually administered by our onsite teams. Can we make it DIY for third parties with technology? Do you employ such a service today? Tell us about it.
Your looking to make paying the rent a more social experience multifamily maniac,
M
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Apartment Leasing: The Friendly Factor
Short and sweet post today – could have been a tweet but really looking for a comment or two on the subject.
So here it is –
How much is unfriendly costing you?
I wish I could suggest that this post was inspired by an experience of mine outside this industry but it was not. It was inspired by a couple of emails I received this week suggesting as much about our firm. Yikes! But but but… In my position – it is sometimes hard to separate the juiced up aggressive nature of a hostile prospect or resident who just had a bad day and or the position of the – more times than not -pushed to the limits on-site leasing and management heros. My bias always leans to the on-site team and in the same breath I would say – I have read some compelling prospect and resident statements that made me wonder. That said, it all comes down to delivery – in my opinion.
More times than not – the statement: they are not friendly – comes up.
So, I wonder – How much is unfriendly costing you?
And, have a very friendly day –
Also, a quick shout out to the NAA bound folks from the Multi-family world. Have a great week in NOLA –
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Apartment Internet Marketing – Education
This is the second part of a five part series based on a recent emarketer survey. In part one we discussed the concept of Exclusivity. Today we discuss: Education as it relates to Apartment Internet Marketing.
I have included the chart here again for reference:
What is Education?
Education, according to Princeton.edu is defined as; a gradual process of acquiring knowledge. From the time of birth we are taking in information, processing it, making decisions and acting. All the while we are layering information on top of information, taking in the new and purging the old to make new assumptions about the future to come. In any case, we are subject to the people and the environment we choose to hang around and participate in. There is a Dave Matthew’s song called: The Space Between. In that song Dave belts: “the space between – the tears we cry – is the laughter keeps us coming back for more – the space between – the wicked lies we tell – and hope to keep safe from the pain” I would contend that space between is called – choice. And, that choice is the byproduct of a catalyst and the result is action – all couched in education or better said, knowledge.
Value Exchange
Education would lead us to understand that the single most important catalyst in today’s business environment is garnishing a individuals attention. With no equivocation – it is the most important determinant of business success. When asking someone to give you their attention, you are asking them to give you their most precious possession – time. Ask for that attention in the way of a negative event caused by you and or your organization and expect a less than positive consequence. Ask for that attention in the way of a positive event and expect – nothing. In the Internet age this is the price of admission. In the context of apartment marketing ideas, ask for that attention in the way of educating apartment patrons and you plant the seeds necessary for true engagement.
Consumer Expectation
There is yet another thing that human beings have in common – the need for insight. Insight is often a vibrant, happy and emotionally loaded space in any person’s life. At some level we are all after it – we all want to be in-the-know. The emotion and desire is hard-wired into our system. That is to suggest that consumer’s want – innately. It’s imbued on their hearts and minds. When we apply that fact we can quickly see the overarching need to embed listening, understanding, interaction and feedback into our concept. It all adds up to meaning for the apartment patron. It all adds up to the willingness to give us their attention. As an example – people spend an average of 25 minutes per session on Facebook – why? The need for insight is being met.
Offer it and They Will Come
We see examples of this all over the internet today but my favorite is Wine Library TV – dial into the 3:50 min section of this video – it is the point. You get people to this and you are on your way to what I will end this series with.
Have a over the top and compelling end to your week – we will be back in a couple days with another installment to this series.
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Loyality – 09′ continued
I am revisiting several books in my library on the subject of loyalty. The one I have in my hand tonight is The New Gold Standard: 5 Leadership Principles for Creating a Legendary Customer Experience Courtesy of the Ritz-Carlton Hotel Company. I came across something I highlighted on page 73 and wanted to share it with you.
The context: An employee of Ritz-Carlton gets on an elevator with a guest and the ensuing experience gives cause for the guest to write a letter. That letter contained the following;
“One of your employees and I got on an elevator in your building. I pushed the sixth-floor button and he pushed none. Instead of getting off with me on the sixth floor, your employee simply said, ‘Have a nice day.’ upon exiting the elevator, I asked, ‘Where are you going? Aren’t you getting of here?’ Your employee replied, ‘ No, I’m going back down to the fifth floor.'” The guest goes on to write, “I couldn’t believe it-how do you find people who are so invested in placing the needs of their guest above their own?”
Is your talent of such a nature? Loyalty – The 09′ Operating Mantra.
M
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Twitter – the missing discussion
I saw this on Twitter this afternoon and it just seemed like a conversation that needs to take place.
What do you think?
@justinfarris: Managment who takes the personalization out of leasing is “REALLY” missing the boat! Fri 28 Nov 14:09 via TweetDeck
Which seemed to be a clear response to:
@Eric_Urbane: Meet one of our new Leasing Consultants, Sassy Miss Avatar. ApartmentVeteran Fri 28 Nov 13:14 via web
I think there is merit in both positions and I am very interested to see how this plays out for Eric and his team. I see the cleverness in the experience one might have with the medium but would have a hard time retorting against the position Justin has taken. I see people getting engaged in the avatar and not to digress but I see Sassy ending up MIA only to be found upon a move out inspection at some point in the future. Eric, you might want to anchor her down in some way.
I look forward to some worthy discussion on this one. M
Leasing Avatar, apartment marketing,