Showing posts with label advertising. Show all posts
Showing posts with label advertising. Show all posts

Thursday, February 19, 2009

Apartment Search Goes Social ... Almost

MyNewPlace, a site that lists apartment and home rentals site, today announced that it has added Facebook Connect to its site. The feature allows its users to get feedback on prospective apartments, condos and home rentals by posting property information to their Facebook page. MyNewPlace claims to be the first real estate and apartments Web site to implement Facebook Connect, allowing consumers to tap into their network of online friends to make more informed decisions about where to live.

Mark Moran, Vice President of Marketing and Business Development for MyNewPlace, had this to say about the new feature:

Most people want the opinion of friends, family and roommates before choosing a new place to live. Facebook's more than 150 million users can now quickly and easily log into MyNewPlace using their Facebook account, post properties they are interested in to their Facebook page and get feedback and advice from the people that are most important to them. With Facebook Connect, getting opinions from friends and family is as simple as a click.
Traffic to MyNewPlace appears to be growing rapidly in recent months -– the company claims that over 3 million people use the site monthly. MyNewPlace's internal research indicates that over one third of its visitors already have a Facebook account, which seems quite low to me based on recent data about Facebook's amazing growth.

Trying It Out
Trying the new feature out didn't go so well. Signing in was easy enough, there's a big "Connect with Facebook" button on the sign-in page.
MyNewPlace Sign In Page

Once a user signs in, they can search for properties like normal. When the user selects a property, they'll see the property profile, which now includes an option to "Post to Facebook":
MyNewPlace Property Listing

The user can make a short comment on the property, and a listing then gets posted to the user's Facebook page:
MyNewPlace Posting on Facebook

Pretty cool, eh?

Here's where it starts to get less exciting. As a Facebook user, the whole point of posting a property like this to my profile like this would be to have my friends comment on the community and tell me what they think about it, or better yet, what their experiences were if they lived there in the past.

Facebook typically allows users to share posted information like this with their friends through the feature called a "newsfeed." It makes (almost) every interaction on the site a more social experience, and it's a huge reason why Facebook is as popular as it is today.

Well, here's the problem ... the posting from MyNewPlace doesn't automatically get shared with the user's friends through the newsfeed. Which means those friends probably won't have any idea when that person posts a property for comment, unless they go directly to that person's profile page. Others also tried it without any luck.

It misses the most social aspect of the entire site.

When I asked the MyNewPlace rep about the feature (via Twitter), this was the response I received:
Our app allows FB (Facebook) users to post to their profiles. FB shows what it deems to you RE your friends on your home page.
Great ... the feature only works if Facebook wants it to. Well, here's to hoping that Facebook wants features like this to work as much as I do. There is huge potential for multifamily websites to embrace these types of features that enable their prospects and residents to easily share information about the property with their friends.

It will be interesting to see how MyNewPlace works through these issues, how they promote this feature to their users, and how they push similar "sharing" features into the site in the future. They also have a website-building tool, called MyNewSite ... it could be very interesting if they incorporate the Facebook Connect feature directly into their property website templates.

Have you tried the new MyNewPlace Facebook Connect feature? What did you think? How else can other ILS providers and property websites take advantage of social networks like this?

Sunday, September 30, 2007

Marketing In Social Media? Try To Fit In

Harvard Business School recently published an interesting academic paper about marketing in the social media environment, which includes sites that offer consumer reviews, social networking, trading and user-generated content. The paper -- written by John Deighton, professor at Harvard Business School, and Leora Kornfeld, research director at the Mobile Muse Consortium in Vancouver -- reviews five emerging models for marketing in these environments, and concludes something that might seem a bit obvious: that the "locus of control over meanings" is moving from the marketer to the consumer and is rewarding "more participatory, more sincere, and less directive marketing styles."
Harvard Business School: Working KnowledgeThink of it this way: In peer-to-peer environments, the marketer should be more talked-about than talking. At best, the marketer's role is to "provoke conversations among consumers." At worst, you become the enemy, "attacked with invective or parody." The report goes on to, quite correctly, state that "as marketing strategy grapples with the question of how to work with social media, old paradigms die hard. Marketing may be less a matter of domination and control, and more a matter of fitting in.”

I typically cringe when I see marketers trying to insert themselves into the context of social media, primarily because so many of them are incredibly bad at it. Multifamily has a distinct advantage because you're in the business of creating community... have been for years, even decades. You know when to insert yourself into the conversation and when to get out of your residents' way. Take those same concepts into consideration if you're marketing in online communities and other social media. Take it from Harvard: the best thing you can do is try to fit in.

You can read a longer summary or download the full paper from here.