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Geo-Farming: A Ticket to More Qualified Leads



            Running newspaper ads, putting                         As expected, having half as many homes

            up billboards and posting fliers                    to showcase drew a slightly smaller crowd. But
                                                                the targeted promotion of the event attracted a
            is so 20th century                                  significantly larger pool of qualified leads.

                                                                   “All of the participating remodelers told me
               While promoting an event or a product in 2018 still   afterwards that attendees were far more qualified,
            isn’t an exact science, marketing tactics have come   more serious and better able to actually move
            a long way thanks to advanced technology.           forward with a remodel than in previous tours,”
               Case in point: the Remodeled Tour of Homes       Lafranca said. “Evidence of that showed in the
            hosted by the MBA of Pierce County (Washington).    notable increase of callbacks our guys got this time.”
            For more than two decades, the MBA has                 The MBA is ramping up for its next Tour of
            successfully put on this annual                                    Remodeled Homes this fall, and
            tour, typically drawing several                                    organizers intend to use a similar
            hundred attendees touring 10-12                                    promotional strategy. But this time,
            remodeled homes.                        Geo-farming —              they’ll go a step further with geo-
               But in 2017, the number of         a marketing tactic           farming by zeroing in on specific
            homes signed up for the tour         that collects mobile          consumers based on their hobbies,
            dropped to just five. So organizers      IDs of people             interests and lifestyle preferences.
            knew they’d need to expand                                           For anyone who’s interested in
            their promotional efforts beyond       who fit particular          shaking up their marketing efforts
            the traditional methods if they      demographics and              to generate better leads, Lafranca
            wanted strong attendance.              who have visited            would encourage them to reach
               The new strategy: Geo-             certain businesses,          out to a few local marketing groups.
            farming — a marketing tactic          events or websites,          “It’s definitely worth a quick call
            that collects mobile IDs of people                                 or sitdown to at least familiarize
            who fit particular demographics       and targets them             yourself with what they can offer
            and who have visited certain           with banner ads.            and determine what might work
            businesses, events or websites,                                    best in your market,” he said. “For us,
            and targets them with banner ads.                                  we got great results that came at a
               “We were able to target                                         very reasonable cost.”
            people who live in the Pierce County area, have        More tips and information about home-show
            an annual income above $200,000, and who had        planning and logistics, including best practices used
            either purchased or done an online search for things   by other HBAs, can be found at nahb.org in the
            related to remodeling,” said Jeremiah Lafranca, the   Parade of Homes Toolkit.
            MBA’s executive officer.                                                                  NAHB JULY 2018



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