Monthly Archives: June 2013

Social Media is Key to B2B Content Marketing | Bedford Realtor

91% of B2B marketers now use social media as a content marketing tool.

social media is key to b2b content marketing Social Media is Key to B2B Content Marketing [Report]B2B marketers are distributing their content on social networks more than ever before. A recent study conducted by the Content Marketing Institute and Marketing Profs confirms that content marketing remains a top priority for  B2B marketers, with the vast majority leveraging the practice as part of their marketing strategy. But many are uncertain about how to successfully employ the many tactics available to them.

Content marketing is the art of communicating with your customers and prospects without selling. It is non-interruptive — instead of directly advertising your products or services, you are communicating with your target audience by sharing valuable, free information. The core of this content strategy is the belief that buyers will be driven to do business with you if you provide valuable information to them on an ongoing basis.

If you have a website, a blog, or maintain a presence on Facebook, Twitter, or other social networks, you are a publisher. You need to think like one, and build a digital content marketing strategy that leverages what you create — blog posts, website articles, images, and multimedia like videos, slideshows, and infographics — to enhance consumer engagement and conversion rates.

This is the first in a series of posts about how to use content to market online and via social media. As an introduction to this topic, here are some interesting statistics from the 2013 B2B Content Marketing Benchmarks, Budgets and Trends – North America:

 

 

Social Media is Key to B2B Content Marketing [Report] | Pamorama | Social Media Marketing Blog.

The Secret to Using Your Blog to Generate Sales | Pound Ridge Real Estate

You’ve probably been at a party where some fool is talking his face off at everyone he meets. He talks about his trip to Spain and how he is such an amazing photographer. He never asks, “What you do or what interests you?” He just blathers on and on about himself.

On a good day I silently chuckle at this guy’s lack of social common sense. On a bad day I snap and scream, “PLEASE listen to me for just 10 seconds!”

When all you do is talk about yourself, you send people running in the other direction. If you don’t care about other people they for sure won’t care about you.

This was how the old school way of marketing worked. Megaphone style.

Image by nem_youth

Many of you might not think of your blog as a business and I understand, but one day you might want to create a ebook, product or use your blog to leverage a new career. When you improve your engagement your blog it becomes a tool to help you level up your life and career.

Spray and Pray

Back in the day, companies used to spray and pray. They sprayed their message in as many places as possible (magazines, newspapers, TV, radio, etc) and prayed that they picked the right advertising spots. Larger companies could afford to pay for market research, so they were able to make sure most of their efforts paid off.

Smaller companies didn’t have this luxury. Straight out of college, I worked in the marketing department for a high pressure valve company. They grossed about 10 million a year in sales. Not too shabby, but nothing compared to the bigger players in the industry.

We had to carefully choose our national magazines and our marketing company told us who read the magazines and which ones we needed to advertise in. We had to believe them. We had nothing else to go on.

This style of marketing has been turned upside down due to blogging and social media. Every business has the opportunity to measure their engagement on their website, email and social media accounts. The problem with all these new tools is we have the wrong attitude toward them. Companies are afraid to be transparent and engage with their customers.

Why? Because it’s hard work.

Truly Listen

Mr. Blather Lips, from the introduction, had a great time at every party he went to because he didn’t have to gauge people’s emotions. He just blathered on until he found someone to listen or it was time to go home.

Now businesses actually have to listen to their customers because if they don’t, a social media storm comes crashing down upon them. Just ask Netflix if they wished they had a better plan for when they doubled their prices.

Listening to your readers isn’t just for dealing with social media storms. It’s also so you can anticipate them and avoid them before they even happen. Now, every business has the opportunity to do market research. You can ask specific customers if they would be willing to fill out an online survey. You can ask them direct questions on your blog or social media that help you figure out what they want from you.

You don’t have to guess what you think people need. You can ask them directly and find out. You can even include them in the process of creating your product.

Invitation to Join In 

Threadless created their million dollar t-shirt company from this idea. They have people send in t-shirt designs, have the users vote on which designs they would like to buy and print only the most popular ones. They already have a built in audience for their t-shirts. It’s a win-win for everyone.

The company prints the most popular, making some good cash and the buyers get a limited edition t-shirt that they are proud to wear. Even the winning t-shirt designs are helpful to the designers. They can add this accomplishment to their resume.

You probably knew that engaging your ideal people was wise, but now what?

Now you have to go out and find them and start a conversation, but before you do you need to find out where you can connect with them.

  1. Write a description of the ideal client for your product

You have to ask yourself some specific questions to help you gain clarity:

    • What does she look like?
    • What motivates her?
    • What does she do for fun?
    • What are her career goals?
    • Where does she hang out? (Facebook, conferences, Twitter, etc.)
    • How do you engage with her? (light banter, philosophically, monetarily, etc.)

    The hard part is making the mental switch from talker to engager.

    I’m not just talking about being a better listener. That’s a good start, but to engage with people you have to be listening and asking great questions. It’s part art and part science.

    If you want an example of someone who understands her community then visit Mayi Carles to see how she is creating content that engages and builds trust. You’ll notice that she creates content around branding and business building. All a perfect target market for her.

     

    The Secret to Using Your Blog to Generate Sales : @ProBlogger.

    Houses with solar features rise in popularity | Katonah NY Real Estate

    Sales of new production homes with rooftop solar power systems nearly doubled from 2011 to 2012, suggesting homebuyers are searching for ways to control monthly electricity costs, the California Solar Initiative said.

     

    In California last year, an estimated 4,000 new production solar homes were built, 10 times the number built seven years ago during the housing construction boom, said homebuilder KB Home ($20.19 0%) in a press release.

     

    SunPower Corp. ($18.47 0%) expects growth to continue, with more than 20% of new production homes being solar powered this year.

     

    Putting even more power behind that statement, SunPower announced Wednesday that it will install its 10,000th high efficiency solar power system on a new production home.

     

    SunPower will add an upgraded solar power system on the house as well for the home’s soon-to-be owners, Justin Levine and Bethany Rutstein, who are soon to be married.

     

    “When you’re watching our monthly expenses carefully, choosing a home with solar is a no-brainer. We chose to build our new solar-powered home with KB Home because we were able to personalize nearly every aspect of our new home, including its energy efficiency through a process KB calls Built to Order,” said Rutstein.

     

    “KB Home has partnered with SunPower to build more than 1,500 solar homes across the country, and we see very high levels of satisfaction with our solar homeowners,” said Steve Ruffner, president of KB Home.

     

    Houses with solar features rise in popularity | HousingWire.

    Home affordability not yet impacted by rising mortgage rates | Bedford Corners Real Estate

    Mortgage rates continuously shot up over the past several weeks. And, the recent increase in mortgage rates is raising some concerns for its impact on home affordability, but a report from Goldman Sachs ($158.30 -3.38%) downplays those worries.

    Housing affordability is currently far above past average levels, showing that housing can remain affordable by historical standards.

    According to data from the National Association of Realtors, the housing affordability index assumes the typical homebuyer makes $50,000 a year, pays a 20% down payment and obtains a 30-year fixed-rate loan.

    Additionally, the company explains that a easy-to-handle house price is defined as a 25% debt-to-income ratio.

    In result, Goldman Sachs said, “For a mortgage interest rate of 3.81%, the average homebuyer can afford to buy a house worth $279,000 — 45% above the current median sales price of existing homes.”

    It expanded saying, “Put differently, even if mortgage rates continue to increase from here, the median home will still be affordable to the median borrower, based on the conventional 25% debt-to-income threshold.”

    The company found that after combining real Gross Domestic Product growth, inflation and interest rates, house prices will grow about 4-5% per year in 2014-2016.

    “As a result, rising interest rates will likely slow the strong house price appreciation observed over the past year, but the impact will likely be modest given the cushion provided by the high level of housing affordability at present,” the company explained.

     

     

    Home affordability not yet impacted by rising mortgage rates | HousingWire.

    Americans Have Gotten Much More Optimistic About The State Of The Economy This Year | Chappaqua NY Real Estate

    There’s a new WSJ/NBC poll about Obama’s approval, but fortunately buried within it, there are some good questions about how Americans see the economy.

    There’s still not massive satisfaction, but clearly since the beginning of the year, there’s been a big improvement in how people feel.

    For example, here’s a question on whether people are satisfied with the state of the economy.

    Those saying they’re “somewhat” or “very” satisfied with the economy total 36%, up from 27% at the start of the year.

    Those registering dissatisfaction are at 64%, down from 72%.

    Screen Shot 2013 06 05 at 5.25.49 AM

    Other poll questions show a similar story.

    There’s been a big drop in the number of people who think the economic outlook will get worse (18% vs. 28% at the end of last year).

     

    Americans Have Gotten Much More Optimistic About The State Of The Economy This Year – Business Insider.

    Prices Rose 12 Percent in April | Armonk NY Real Estate

    Home prices nationwide, including distressed sales, increased 12.1 percent on a year-over-year basis in April 2013 compared to April 2012. This change represents the biggest year-over-year increase since February 2006 and the 14th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 3.2 percent in April 2013 compared to March 2013*, according to the April CoreLogic HPI™ report.

    Excluding distressed sales, home prices increased on a year-over-year basis by 11.9 percent in April 2013 compared to April 2012. On a month-over-month basis, excluding distressed sales, home prices increased 3 percent in April 2013 compared to March 2013. Distressed sales include short sales and real estate owned (REO) transactions.

    The CoreLogic Pending HPI indicates that May 2013 home prices, including distressed sales, are expected to rise by 12.5 percent on a year-over-year basis from May 2012 and rise by 2.7 percent on a month-over-month basis from April 2013. Excluding distressed sales, May 2013 home prices are poised to rise 13.2 percent year over year from May 2012 and by 3.1 percent month over month from April 2013. The CoreLogic Pending HPI is a proprietary and exclusive metric that provides the most current indication of trends in home prices. It is based on Multiple Listing Service (MLS) data that measure price changes for the most recent month.

    “House price growth continues to surprise to the upside with an impressive 12.1 percent gain year over year in April,” said Dr. Mark Fleming, chief economist for CoreLogic. “Increasing demand for new and existing homes, coupled with low inventory, has created a virtuous cycle for price gains, most clearly seen in the Western states with year-over-year gains of 20 percent or more.”

    “The pace of the housing market recovery quickened in April as home prices rose across the U.S.,” said Anand Nallathambi, president and CEO of CoreLogic. “For the second consecutive month, all 50 states registered year-over-year home price gains excluding sales of distressed homes. We expect this trend to continue, bolstered by tight supplies and pent up buyer demand.”

    Highlights as of April 2013:

    • Including distressed sales, the five states with the highest home price appreciation were: Nevada (+24.6 percent), California (+19.4 percent), Arizona (+17.3 percent), Hawaii (+17 percent) and Oregon (+15.5 percent).
    • ncluding distressed sales, this month only two states posted home price depreciation: Mississippi (-1.7) and Alabama (-1.6 percent).
    • Excluding distressed sales, the five states with the highest home price appreciation were: Nevada (+22.6 percent), California (+18.3 percent), Idaho (+16.4 percent), Arizona (+15.3 percent) and Washington (+13.9 percent).
    • Excluding distressed sales, no states posted home price depreciation in April.
    • Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to April 2013) was -22.4 percent. Excluding distressed transactions, the peak-to-current change in the HPI for the same period was -16.3 percent.

     

    Prices Rose 12 Percent in April | RealEstateEconomyWatch.com.

    Home prices surge despite sluggish wage growth | North Salem Real Estate

    As the economic recovery has sputtered along in recent years, those looking for signs of progress have focused intensely on two metrics: the unemployment rate and housing prices.

    Much of the investor optimism about the economy is now being fueled by various measurements showing housing prices surging across the country. Just this week CoreLogic, one of several real estate data providers that tracks home prices around the country, reported that prices rose 12.1 percent in April compared to the period a year ago.

    The Triangle market, while not experiencing double-digit growth, is also seeing solid appreciation, according to CoreLogic. Home prices, including distressed sales, increased 4.4 percent in the Raleigh-Cary market in April while Durham-Chapel Hill market increased 5.3 percent.

    It can be tantalizing to view these numbers as having the finality of a company’s stock price, with sellers assuming they will now be able to get X percent more for their home.

    But, in the same way that a lower unemployment rate doesn’t necessary mean an unemployed person’s job prospects have improved, the reality is more complicated.

     

    Read more here: http://www.newsobserver.com/2013/06/05/2941459/real-deals-home-prices-surge-despite.html#storylink=cpy

     

     

    Real Deals: Home prices surge despite sluggish wage growth | Real Deals | NewsObserver.com.

    Will higher mortgage rates kill the housing market? Maybe not! | Mount Kisco Real Estate

    Home prices have been soaring over the past year, the sharpest gains in seven years; construction activity is picking up nicely. Both trends have been driven in no small part by a steady drop in home mortgage interest rates, which have made homeownership too good a deal to pass up for millions of Americans.

    But the trend on rates has reversed abruptly in the past few weeks. This chart shows the average rate on a 30-year fixed-rate mortgage since the start of 2011; the spike on the right shows an increase from 3.4 percent to 4.1 percent since May 1.

    Source: Bloomberg/BankRate

    Source: Bloomberg/BankRate

    So what will become of our precious and long-awaited housing boom? Is it a fragile, delicate flower about to be crushed by the boot of higher rates? Or is the housing recovery now resilient enough that there’s no need to fear? Economists at Goldman Sachs have run some numbers through their models of how the housing market works and have come up with some promising answers.

    Source: Goldman SachsThe Goldman economists, Hui Shan and Marty Young, start with an analysis built on home affordability. Take the median household income in the United States ($50,000), assume a buyer has a 20 percent down payment and that they can only afford debt payments equal to 25 percent of their income. This chart shows how much house they can afford at any given mortgage rate:

    Source: Goldman Sachs

    It also shows an initial reason for some optimism. At a 30-year fixed-rate mortgage rate of about 3.8 percent, the typical American homebuyer can afford a $279,000 house. That’s 45 percent more than the current price of houses. That suggests that affordability isn’t the thing holding Americans back from buying houses (instead, it may be such factors as tight credit standards, difficulty building up a down payment  or lack of confidence in future job prospects). It also implies that slight increases in the mortgage rate shouldn’t completely undermine the improvement in the housing market; the thing to watch is not rates per se, but what happens on those other factors that are drags on would-be homeowners.

    And that bodes particularly well:  As we wrote last week, the rise in rates over the past month appears to be driven primarily by improving economic prospects. If that’s the case, even as homes become a bit more expensive, they will be doing so at the same time those other restraining factors dissipate. So rising mortgage rates, if they’re rising for good reasons, could actually be net positives for the housing market if they result from more people having jobs and being confident in their prospects.

     

    Will higher mortgage rates kill the housing market? Maybe not!.

    How Rising Mortgage Rates Could Affect The Housing Recovery | Cross River Real Estate

    Mortgage interest rates are rising. In the week ending May 30, the 30-year fixed rate mortgage clocked 3.81%, its highest level in a year, according to Freddie Mac. That’s 15% higher than the 3.31% record low set in November of 2012 and almost 14% higher than the 3.35% rate logged in the beginning of May. The 15-year fixed rate jumped as well to 2.98%.

    The increase from the start of May through the month’s final week translates into an extra $20 per month for every $100,000 of debt accrued. If rates continue their upward march, mortgages will become more expensive.

    Since cheap financing has been a notable driver of the housing recovery, could those rising rates derail the momentum? To answer that question, let’s first take a look at what low interest rates have done for housing and why they’re increasing now.

    Compared to decades past, today’s rates (even at 3.81%) are unprecedentedly — and artificially — low.  They’re the direct result of a Federal Reserve-funded fiscal stimulus plan, better known as the third round of quantitative easing or QE3, aimed at hastening the recovery in housing and the economy as a whole. Through the program the Fed has been buying $85 billion worth of Treasury bonds and mortgage-backed securities per month, a process that has tamped down interest rates, making mortgages more attractive to prospective consumers.

    The low rates have enabled qualified home buyers (and owners looking to refinance) to access cheap financing, adding to already-record-high levels of home affordability. It’s helped bolster a surge in both home sales and price increases (since lower rates help make larger principals possible).

    Rates are climbing now due to both stronger economic data and to speculation: recently Fed chairman Ben Bernanke suggested that the central bank may start slowing its bond buying within the next several months. The news has caused bond investors to begin selling out of their 10-year Treasury positions, driving yields for these bonds above 2%. Since mortgage rates correlate closely with Treasury yields, they have followed suit, rising about a quarter of a percentage point in just a week.

     

    How Rising Mortgage Rates Could Affect The Housing Recovery – Forbes.

    Robust growth seen to prop up real estate | Bedford Hills Real Estate

    FORECAST ROBUST growth within the Association of Southeast Asian Nations (ASEAN) is expected to prop up the real estate sector on the back of strong domestic demand, according to a report from consulting firm Jones Lang LaSalle released yesterday.

    In particular, growth will be experienced in the office, industrial and logistics and retail spaces.

    “This growth translates to robust domestic investment into commercial property, driving demand for office and logistics space.

    “Increased consumer spending will boost demand for expanded retail formats, which in turn will support the developments of retail malls and the subsequent accompanying infrastructure in emerging markets,” said Chris Fossick, managing director of Jones Lang LaSalle Singapore and Southeast Asia.

    Add to the upbeat outlook is the “increased transparency in the real estate market” in ASEAN economies, or proper disclosure of costs and transactions involved in property ownership.

    The consulting firm said in its recent transparency report that six ASEAN countries saw improved scores last year, namely, Singapore, Malaysia, the Philippines, Indonesia, Thailand and Vietnam.

    Meanwhile, Jones Lang LaSalle sees a growing labor market, more sophisticated needs and new markets as key opportunities for the property sector.

    “While economic growth drives corporate activity across Southeast Asia, businesses are making changes to accommodate growing workforce and modernized office spaces in new, emerging markets,” the report said.

    In particular, Jakarta, the Philippines and Thailand were cited to rising demand in office space.

    It said the Philippines “often overlooked by investors, witnessed record levels in demand for office space, sparking new developments in previously unexplored sub markets and a 3% rise in rents from the same period 2012.”

    Indonesia was noted to have more than doubled its office space demand in four years, while Thailand saw a recovery in its real estate market.

    Jones Lang LaSalle said “demand for offices will spike and vacancy levels are forecasted to reach historic lows by 2014.”

    The industrial and logistics market will also see growth “thanks to improvements in Southeast Asian economies and international trade, ASEAN industrial and logistics markets have reached historic highs and show no signs of slowing, as trade volumes are predicted to increase by 130%.”

    “Real estate will have a critical role in driving trade and industrial growth,” the firm said. It added many markets have already experienced an increase in rates as most developers “will seek new markets.”

    Further, the consulting firm noted that stronger consumer confidence is expected to drive the retail market.

    Jones Lang LaSalle said Indonesia leads the region in retail market growth followed by Thailand.

    “… (T)he retail industry is in a unique position to influence and be involved in many key aspects of development in the Southeast Asia region, both economic and social. There is a role for the industry in areas such as infrastructure, housing, education, health care, tourism and industry and trade which are all inextricably linked,” said Mr. Fossick.

     

    Robust growth seen to prop up real estate | BusinessWorld Online.