Tag Archive for: Increasing Returns

Discover how CRE firms can accelerate growth and enhance efficiency with integrative digital marketing, thought leadership, and PR strategies. Learn the benefits of partnering with specialized marketing firms for faster, cost-effective results.

CRE firms striving to establish or scale their market presence face the dual challenge of achieving significant and sustained growth and maintaining cost efficiency in their marketing efforts. Traditional marketing strategies often underperform, offering linear and predictable results that lack the dynamism and scalability CRE firms require.

Let’s explore how integrative digital marketing, thought leadership content, and public relations (PR) provide the momentum, credibility, and opportunity to exceed CRE firms’ growth aspirations.

The power of integrative digital marketing in CRE

Integrative digital marketing represents a holistic approach, combining the strengths of SEO, content marketing, PR, social media, and email marketing to create a unified online presence. This strategy ensures every digital touchpoint works in concert, providing a seamless experience for potential clients and significantly enhancing brand visibility across the industry.

The beauty of integrative digital marketing lies in its ability to generate an increasing return on investment (ROI) over time. Unlike traditional paid marketing, whose results often plateau once budget allocations cease, integrative digital marketing continues to build momentum. This drive grows as content gains traction, journalists take notice, SEO rankings improve, and social media engagement increases, leading to a cumulative impact far exceeding initial expectations.

Leveraging thought leadership content in commercial real estate

Thought leadership content is the cornerstone of any effective CRE marketing strategy. CRE firms and executives position themselves as authoritative voices in the industry by sharing insights, analysis, and forecasts. Whether in-depth whitepapers, comprehensive industry reports, or engaging webinars, this content showcases a firm’s expertise and builds trust with potential clients.

The strategic deployment of thought leadership content attracts quality leads — those seeking more than just a service provider but a partner with deep industry knowledge. Over time, this content nurtures client relationships, establishing a firm foundation of trust and respect that is invaluable in the CRE sector.

The strategic advantages of PR in CRE

Public relations in CRE is a strategic endeavor that enhances a firm’s reputation and market presence. Through targeted press releases, media coverage, and event sponsorships, PR efforts complement digital marketing and thought leadership initiatives, creating a comprehensive brand narrative that resonates with clients and stakeholders alike.

PR’s impact on a CRE firm’s brand credibility is substantial and, in most cases, imperative to gain traction and funding. It amplifies the firm’s achievements and milestones and solidifies its standing in the industry. This enhanced reputation, built over time, becomes a key differentiator in a competitive market, attracting clients and opportunities that would otherwise be inaccessible.

Benefits across different CRE firm sizes

Emerging firms

Establishing a robust digital presence and credibility is vital for startups in the CRE space. Integrative digital marketing and thought leadership content offer these emerging firms a platform to showcase their innovative approaches and unique market insights, leveling the playing field with more established competitors. The agility of smaller firms allows them to adapt quickly to market trends, a strength that PR can highlight to capture the attention of media, potential clients, and investors.

Mid-market firms

As firms transition into the mid-market space, the challenge shifts to scaling growth and expanding market reach. Strategically using thought leadership content and targeted PR campaigns can significantly enhance a firm’s visibility and authority, attracting larger and more lucrative deals and increasing the credibility required to close them. Integrative digital marketing becomes crucial for reaching a broader audience, utilizing advanced SEO techniques, and leveraging social media platforms to engage with a broader community of investors and clients.

Enterprise-level firms

For enterprise-level CRE firms, maintaining market leadership and continuing to innovate are key priorities. At this stage, thought leadership and PR are vital for reinforcing the firm’s status as an industry pioneer. At the same time, integrative digital marketing ensures that the firm remains connected with its audience, despite its size. These strategies support enterprise firms in showcasing their comprehensive market knowledge, extensive portfolio, and commitment to leading the CRE industry.

The cumulative impact of integrative CRE marketing strategies

One of the most compelling aspects of combining digital marketing, thought leadership, and PR is the cumulative effect these efforts have over time. Unlike traditional marketing, where the impact often plateaus, integrative marketing strategies build on each other, creating a snowball effect. As your content gains more visibility, your SEO rankings improve, leading to more organic traffic. Increased traffic enhances your firm’s authority, which PR efforts can further amplify, attracting more attention and engagement from your target audience.

This non-linear growth in ROI means that the longer you invest in these strategies, the greater the returns, making it an efficient and cost-effective approach to marketing in the CRE sector.

The advantages of hiring a specialized marketing firm

Navigating the complexities of digital marketing, thought leadership, and PR can be daunting, especially for CRE firms that need to focus on their core business.

Partnering with a specialized marketing firm is pivotal for CRE ventures targeting rapid growth and efficiency. Such an alliance offers immediate access to experienced professionals with extensive knowledge, tools, connections, and resources tailored to the CRE market.

This expertise translates into faster results, bypassing the steep learning curve of in-house marketing efforts and accelerating the path to cost-effectively achieving marketing objectives.

The investment in a marketing firm often costs less than the overhead associated with building, training, and maintaining an in-house team — typically less than the salary of one seasoned C-suite marketing executive. This approach saves on overhead costs and equips you with a team of experts dedicated to helping your firm grow as quickly and efficiently as possible.

Becoming an industry leader

In today’s competitive CRE market, firms that adopt an integrative approach to digital marketing, thought leadership, and PR position themselves for rapid and cost-efficient growth. This strategy enhances a firm’s visibility and authority and builds lasting relationships with clients, journalists, the public, and stakeholders.

Partnering with a specialized marketing firm, CRE professionals leverage expertise and resources that streamline the path to success, allowing them to focus on what they do best: closing deals and expanding their portfolios and client bases. Embracing these comprehensive marketing strategies is imperative for all CRE firms seeking long-term success and industry leadership.

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Sustaining Growth in the Real Estate Industry Despite Recession

If we weren’t certain before about an impending recession, we’re all pretty sure that it’s here now. The COVID-19 crisis and Congress’s response with the prompt passage of the CARES Act have quasi-officially welcomed the recession.

What does the recession mean for continued growth in the real estate industry?

It’s time for a renewed commitment to our marketing.

My intention with this statement is not self-serving. As a marketing firm, we too, make sure that consistent and thoughtful marketing is even more a priority than usual.

Rather than drawing back the budget to ‘conserve,’ we need to generate consistent, quality thought leadership and public relations content to keep our message prominent in the minds of ideal prospects and our stakeholders.

Let’s talk about some of the critical considerations for growth in a down market.

 

Volatile Demand

We can assume that a recession will mean fewer prospects and reduced conversions, though this may not be the case for every niche.

As we proceed, we’ll find a greater share of motivated commercial and residential sellers due to falling and stagnant values, deferred rents, loss of jobs, and declining incomes.

Indeed, many parts of the industry will experience restriction as demand for commercial and retail space is held back by lockdowns and the consequent shift toward remote work and online retail.

Multi-family will continue to do well, but increasing demand will mean an expanding market that must be addressed with your message.

The Fed’s move toward zero range rates is excellent for short-term refinance and purchase volume, as well as reducing the cost of financing for development; however, construction financing is typically figured on the 10-year Treasury, which moves independently of the Fed Funds Rate and recently increased 25 basis points – the impact on commercial development may be negligible.

What’s the answer to achieve sustained growth?

 

What Drives Your Growth?

Diligent and thoughtful marketing.

All other factors aside, thought leadership positions your firm for sustained long-term growth most efficiently.

The most refined and advanced processes and technology may drive your value chain and core competencies; however, they will generate little bottom-line returns unless the public is aware of your ongoing strength and presence. The need for public awareness is essential regardless of the pandemic and resultant market volatility.

When businesses and consumers receive their aid as part of the economic relief package, and the crisis passes, you need to be properly positioned as the best choice for their expenditures – those which will be made judiciously.

 

Investing in Increasing Returns

I’m not suggesting that you blindly throw funds into marketing during the recession. Veritably, this is the time to be most judicious – though not conservative – with your marketing budget.

For the best results and efficiency in utilizing your budget, focus on marketing strategies and channels that yield escalating rates of results and returns as you consistently apply them. Some methods don’t behave in this fashion. Examples of predominantly linear result generating strategies include pay-per-click, direct mail, and paid social media.

Stated in other words: once you stop paying, the results subside; you only get out what you put in. Conventionally, that may make sense; however, digital thought leadership marketing, in particular, creates results that compound over time with consistency.

Consistent marketing via thought leadership to your website, social channels, and the media, effectively position your brand and build trust – vital during times of volatility when B2B and B2C consumers raise the question of solvency and longevity concerning the firms they patronize loyally.

 

Flourish in a Down Market

The message of this article is straightforward: flourish in a down market by placing emphasis on building marketing systems and messages that deliver increasing returns at lower cumulative expense than traditional methods.

While quality content is expensive, it’s worth it compared to the hundreds of thousands that can be easily spent away on messages that don’t stick or provide real value to your market.

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