Posts Tagged "facebook marketplace"
Should I Be Using Facebook Carousel Ads?
Facebook carousel ads helped one real estate company achieve a 63% increase in click-through rate and a 24% decrease in cost-per-acquisition.
Facebook carousel ads offer a highly visual and engaging way to promote your properties. Not only that, Kinetic Social recently found that carousel ads are up to 10 times more effective than static sponsored Facebook posts at driving traffic to advertisers’ websites. And if that’s not enough, they boast a 72% higher click-through rate than single-image mobile app ads.
The data makes it clear: Facebook carousel ads are absolutely something you should be using to promote your properties! Here’s a quick refresher on what they are, and some of our favorite tips for making the most of this promotional tool.
What’s a Facebook carousel ad?
This ad format integrates across Facebook and Instagram. It shows 3-5 images, headlines, links, and/or calls-to-action in a single ad unit, which users can click through. The “carousel” refers to the way images scroll horizontally across the screen, creating an engaging way for users to interact with your images. Each image has its own description and link, helping to drive traffic more effectively.
As you might expect, having the ability to showcase multiple images in an ad helps in lowering cost-per-conversion or -click, optimizing your creative output, and driving results across campaign objectives.
If it’s not already obvious, this format is a no-brainer for advertising real estate. Check out this spotlight from Facebook on Lamudi, an online real estate marketplace that used Facebook carousel ads to the tune of a 63% increase in click-through rate and a 24% decrease in cost-per-acquisition.
Using Facebook carousel ads
Creating a carousel ad is a simple process. It allows you to be creative and tell a story with the images you choose. Here are three easy steps for getting started:
1) Decide on your objective.
Having a defined goal is key when it comes to any content marketing, and carousel ad creation is no different. Facebook helps you target an objective, giving you the choice to select either “send people to your website” or “increase conversions.” Depending on your selection, an algorithm optimizes who sees your ad and when.
2) Create your ad.
Start by selecting “multiple images in one ad.” Next, get creative! Be sure to connect your ad to your Facebook page, and write a message that will stay on the screen over the images as users scroll through. Select 3-5 images, with a recommended size of 600 x 600 pixels each. You can write a separate headline and short description for each image.
3) Make the most of your images.
Facebook gives you the option to select “automatically show the best performing images and links first” — do it! This means that, as your campaign progresses, the image that’s getting the most clicks will appear first. However, if the story you’re trying to tell depends on the images appearing in a certain order (a before/after at a property, for example), uncheck this option.
The bottom line is that Facebook carousel ads are an extremely effective way to drive traffic to your properties.
Related posts:
- Facebook Lead Ads: Why Your Property Should Use Them
- 4 Tools for Determining the Best Time to Post on Social Media for Your Property
- Paid Digital Advertising: A Beginner’s Guide for Real Estate Marketers
Posts Tagged "facebook marketplace"
Why You Should Benchmark Real Estate Marketing Against Competitive Properties
Taking the time to benchmark real estate marketing gives you context for your performance — and shows you what prospective buyers/tenants see when searching for properties.
When people are searching the internet for apartments or condos, what are they seeing? Part of an effective, data-driven marketing strategy is regularly taking the time to benchmark real estate marketing against competitive properties.
We all know that competition drives results. Take Elaine Thompson and Michael Phelps. In August 2016, Thompson claimed the title of the world’s fastest woman, and Michael Phelps became the most decorated Olympian of all time. They achieved these incredible feats by continuously pushing themselves to do better — and they weren’t just tracking and measuring their personal performance. They were keeping track of the performance of their peers and competitors. The data helped to give them the drive they needed to improve their own performance.
Why benchmark real estate marketing?
The same is true when it comes to measuring real estate marketing performance.
Looking inward, focusing on key performance indicators (KPIs) like website traffic, social media engagement, and lead conversion metrics is important. But these metrics will only get you so far.
You need to be looking at what’s happening outside your business and benchmark real estate marketing performance against competitive developments, properties, and even companies. That way, you’ll get the knowledge and drive you need to improve your performance and chance of success.
In addition, keeping track of what your competitors are doing can help you to identify threats and strategic opportunities for your properties. If you see that everyone is advertising on Trulia, for example, and you’re not, you might want to think about trying it. Or, you might notice that no one in your market is leveraging Facebook Marketplace property listings yet. Is this a place where you could gain strategic advantage?
Who should you be benchmarking against?
While the obvious choice is to benchmark against properties that directly compete with yours, it’s also a great idea to benchmark real estate marketing against market leaders. By taking this more global view, you can gain ideas and intelligence from top performers in your area. You may learn something that you can bring to your property’s marketing plan that will help edge out your competition.
Related posts:
- What Metrics Should You Track in Real Estate Marketing?
- Social Media Can Be a Strategic Weapon in Real Estate Marketing
- How Pay-Per-Click Helped This Property Get 54 Leads
Posts Tagged "facebook marketplace"
How Will Facebook Marketplace Housing Affect Real Estate Marketers?
Facebook Marketplace has added a Housing section, which lists property for sale and property rentals.
If you’re a real estate marketer, Facebook’s newest foray into the social marketplace is likely to impact your strategy. In November, the ‘Book announced that it would begin allowing users to search for housing rentals and sales on its Marketplace platform.
For those who are unfamiliar, Marketplace is Facebook’s answer to Craigslist — a platform that lets users buy and sell items near them. The new housing section allows individuals —including brokers, agents, and property managers — to list their available properties. Additionally, the company has partnered with Zumper, Apartment List, and other third-party sources to add “hundreds of thousands” of rental listings.
Listers can add 360-degree photos so potential buyers and renters can take a virtual tour from the comfort of their couches. Those searching for properties can filter by location, price, number of bedrooms, square footage, etc.
Facebook’s Bowen Pan says, “Marketplace is a popular place for people to look for a home to rent. Now that we’re adding listings from Apartment List and Zumper, people can search even more options in the U.S. to find a place to call home.” The company aims to “bring ease and convenience to customers” with this addition.
How should you approach Facebook Marketplace?
As a real estate marketer, this presents another opportunity to get your property in front of potential buyers and renters. Here are some points you need to know to successfully list your property on Facebook Marketplace Housing.
User search criteria
Facebook is using its powerful search algorithm to let users narrow their rental search based on location, price, size, number of bedrooms, and even if an apartment is pet-friendly. This means making sure all your listings have accurate and specific details. The more specific you get, the more your target audience can find you.
Facebook is location specific
As with Craigslist, Facebook Marketplace lets users select and search within their area. More than likely, you’re already keeping track of demographic data for your target buyer or tenant base. Make sure that as you list your properties on the sites that Facebook pulls from, or on Marketplace itself, that you’re keeping in mind that target demographic, and including location markers that will help your property show up in their searches.
Facebook’s goal is to be a one-stop shop
If you’re aware of this fact, it can help you. Facebook is positioning Marketplace to become a one-stop commerce platform for food, shopping, and even job hunts. How does this impact your marketing efforts? Know that when users come to Marketplace, they are primed to be interested in all aspects of their housing prospects — from dining to neighborhood attractions to community events.
This is where your content marketing strategy comes into play. By providing content about various types of information about the area surrounding your listing (top restaurants, employers in the area, what to do on a weekend, etc.), you’re poised to capture the lasting attention of your potential buyers or tenants.
Related posts:
- What Metrics Should You Track in Real Estate Marketing?
- Top 10 Real Estate Marketing Posts 2017
- 4 Tools for Determining the Best Time to Post on Social Media for Your Property
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