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Online Lead Generation The inside story on what works and what doesn’t Jordan Muela, Co-founder, Manage My Property, LLC May 2011

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Online Lead GenerationThe inside story on what works and what doesn’t

Jordan Muela, Co-founder, Manage My Property, LLCMay 2011

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Search Engine Optimization

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The Good

The image on the left is a visualization of search data released by AOL in 2006: http://training.seobook.com/google-ranking-value

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The Bad

You a lot of at least two of the above.

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How it works

View the SEOmoz bi-annual SEO Ranking Factors report here: http://www.seomoz.org/article/search-ranking-factors

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.

Check out Rand Fishkin’s guide to keyword targeting and on-page optimization here: http://www.seomoz.org/blog/perfecting-keyword-targeting-on-page-optimization

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.

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The Problem With Outsourcing

If you don’t know what you’re are looking for you’re not likely to find it.

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Tips For Outsourcing

- Pay for advice when you don’t know what you need.

- Pay for execution once you know exactly what you are looking for and the criteria the work will be graded against.

- Avoid low cost generic SEO packages. They are typically worthless.

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Remember That You Still Have to Convert the Traffic

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Local SEO

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Local is Becoming More Important

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Ranking Factors For Local SEO

David Mihm has collaborated with local search experts to release the local search ranking factors report: http://www.davidmihm.com/local-search-ranking-factors.shtml

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Optimize Your Local Pages

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GO DO THIS NOW!

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Social Media

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Why Are we Doing This Again?

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Low in Marketing Nutritional Content

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The “Experts” are wrong

Check out Ian Lurie’s post “10 Questions to Evaluate a Social Media 'Expert”: http://bit.ly/dmTKc

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Pay Per Click

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When PPC works

• Keyword research is performed to find the right mix of relevant keywords

• Negative keywords are added and non-converting keywords are culled

• Multiple Ad’s are tested to find the best CTR

• Geo targeting is used to target searchers in your area

• Landing pages are used to maximize conversion

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When PPC Doesn’t Work

• Only a few high traffic, high cost keywords are targeted

• The campaign is allowed to run without close monitoring and tweaking

• Traffic is sent to a page not designed for conversion

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Consider Outsourcing

• Most of the cost is in the initial setup

• Allow someone more knowledgeable to vet the channel for you

• If you are happy with PPC you can either take over the campaign or pay them to continue to refine the campaigns.

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Tips For Outsourcing

• Ask to see a sample monthly report they send their clients

• Don’t pay any setup fees

• Don’t pay more than $400 a month in management fees unless you are spending over $4k in ad spend

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Directories

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Review Sites

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Yahoo Local’s ratings for management companies

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Yelp’s ratings for management companies

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Management Companies Receive Polarized Reviews

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It Can Get Pretty Rowdy

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A Blessing or a Curse?

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Tips

• Incentivize clients to leave reviews

• Don’t post reviews yourself

• Always respond to bad reviews

• Don’t get sucked into paying for additional services

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Pay Per Lead Services

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The Good

• Easy to setup

• Completely offloads ongoing marketing work

• You can define the type and location of the properties you get leads for

• You only pay when you get a lead

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The Bad

• Lead volume and lead prices vary wildly based on the service, market and lead type making it hit or miss in terms of ROI

• Not allowed to place contact info on profile

• Lead refund policies vary

• Strong lead flow can mean higher price per lead due to more competition

• Leads may be shared

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What to Look For

• Flexible lead refund policy

• Ability to test the water without making a commitment

• Solid ROI

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Action Plan

• Decide what your marketing goals are for the next quarter

• Determine what marketing channels are the right fit for you and which aren't

• Divert resources from weaker channels and fully commit to developing those channels and tracking the results

• Do a monthly performance review which ends with suggested changes