Use Social Media Analytics to Improve Your Real Estate Efficiency

As I’m sure you all know by now Social Media is an extremely effective and affordable marketing tool; one that every business in every industry should be utilizing. The use of Social media turns us into our own public relations or marketing firm. However, while Realtors may acknowledge the potential of these tools, they often fail to go further and see what is or  isn’t effective. This is where analytics comes in. To put it simply, the analytics of your Social Media sites are the cold hard data which come from the number of clicks, views, likes, etc. WordPress has a simple version of this on the black bar at the top of the page (for those of you who use WordPress and are logged in). Although it may seem boring, knowing the statistics of your different sites is extremely important if you want to gauge the effectiveness of your campaign. As a Realtor you need to know who is responding to the promotions you publish, whether or not they are sharing it (which means they’re excited about it), the amount of people who are actually engaged in your links, etc. All of these things can help you tailor your message toward a specific demographic or geographic, which as a Realtor, is one of the most valuable abilities to possess. Research what Buyers and Sellers like to view, replicate it, and toss of what they don’t.

So how can you get a quality analysis of your social media sites? I’ve compiled a list of what I think are the 3 best analytic programs:

Google Analytics:  Allows you measure sales and conversions, as well as gives you fresh insights into how visitors use your site, how they arrived on your site, and how you can keep them coming back. It includes Analysis tools, content analysis, social analysis, advertising analysis, etc.

 Radian 6: Social media monitoring tools, social media engagement software and social marketing

 Hootsuite: A better view of your social campaigns with powerful analytics tools and customizable reports that gives you a complete and comprehensive picture of your participation in social spaces. HootSuite Social Analytics closes the loop between social and digital with real-time views into campaign results.

 Each program has its own unique benefit but all provide you with valuable data that can lead you to closing more deals in a shorter amount of time. On top of that, they are very user-friendly and easy to link up to any current social media site that you may have. If you’re a Realtor and you are marketing through social media there is no reason for you not be analyzing your data on your own when these sites practically do it for you. Happy Hunting!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s