Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Don't Forget Email Marketing
1. Don’t Forget Email Marketing!Presented by: Matt Goyer, Redfin@mattgoyerJuly 13, 2010, Real Estate Connect SF
2. Don’t Get Caught Up With Social Media Hype Redfin Survey, 450 site users http://bit.ly/FacebookNotTwitter
3. For Redfin: Email > Social Media Redfin’s #’s: Facebook: 1,100 fans Twitter: 4,571 followers Blog: 1,400 email subscribers 200 page views/day Email newsletter: 210,000 subscribers, growing 250% year-over-year 15-35% open rate Alerts for new listings: millions of emails a month
5. 1. Do It For the Right Reasons Have a clear goal Build trust by telling it like it is Know your audience 25-45 year olds, net-savvy, highly educated Commit to a schedule Twice a month Don’t spam, make it easy to unsubscribe
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8. 5. Get The Most Out of It Post to your blog Then link to your blog post from: Facebook Twitter Website Make it easy for promoters to share Respond to replies & comments
9. Proof Email Marketing Works “Great job to the Redfin team for the stats on the current market. As a consumer, I appreciate that Redfin has a policy of being open and honest with information and data; a good contrast to [removed]. In fact, I would now say that this transparency is now a bigger motivator for me to use Redfin for my purchase than the 1.5% refund.” - Seattle Redfin Customer
10. Industry vs. Redfin Newsletters Real estate averages from MailChimp report: http://bit.ly/EmailBenchmarks
Local newsletters tend to perform better on open rates and click throughs. Note that our CTR is lower than the industry average because we don’t optimize for clicks.Mailchimp defines abuse complaints as user-defined when a receipient clicks a button that marks us as spam.Soft bounce is associated with an out of office auto-reply or the mailbox is full.Hard bounce means an email address failed.