Archive for the ‘Buying Internet Leads’ Category

Follow-Up Times Vital in Senior Housing Marketing

Follow-up is a critical factor in the success of your marketing efforts, particularly when you’re dealing with internet leads. The reason? It’s likely that your prospective residents have inquired with a number of facilities. You and your competitors likely offer the same basic services and accomodations. You might (you should) have a unique selling proposition (USP), but if your competitor shares their USP first, you might have lost the referral.

How soon should you be following up?

If you’re like most marketers, you’re not sitting idly by the phone and email waiting for leads to come your way.phone You’re out actively networking with the community, giving tours and completing move-in paperwork with other residents. Follow-up times within one or two minutes might be impossible, if not a bad idea altogether. You want to be prompt, but you also don’t want to appear overzealous. It’s a good idea to respond to a lead within one to two hours of the initial inquiry. When it comes to senior housing, it can easily end up being a first-come, first-serve basis, because many families don’t have much prior knowledge and go with the first option that meets their needs.

Even if you happen to be sitting in front of your computer when the lead comes in, wait five to ten minutes before calling. It leaves the impression that inquiries are very important to you, yet you’re busy enough that you aren’t desperate.

After the initial contact

 The importance of follow-up doesn’t end with the first contact, however. If you’re dealing with a family who plans to shop around before making a decision, you’ll need to stay on top of the relationship in order to stay top-of-mind. The key is to find the balance between being an annoyance and being proactive. It’s also possible that the family was making inquiries, yet decided not to make a move right away. Make a contact every so often, but have a reason.

Call to let them know about a new program your facility is offering that you thought might interest them, to invite them to an open house, or even let them know about a community event. It’s the simple things that can leave a lasting impression, and maintaining a friendly contact takes minimal effort yet could earn you an admission months down the road.

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Referrals Top Elder Care Marketing Methods

Traditional advertising vehicles, like television, radio and newspaper ads, are viewed as the least effective marketing methods by elder care marketing professionals, according to the Elder Care Marketing Industry Report. The report, a comprehensive view of the elder care marketing industry based on a survey of 166 industry professionals, was released by Ryan Malone in March.

According to the report, referrals and affiliates programs top the list of the most effective marketing vehicles, demonstrating a key shift from traditional offline marketing to online lead generation methods. Online marketing offers the ability to track leads, and therefore return on investment, much more effectively than traditional advertising. Search engine optimization, informational seminars, social media and press releases were also included in the top five.

Most companies aren’t measuring lead generation

Surprisingly, nearly one quarter of respondents said they were not measuring the effectiveness of their lead generation activities at all. We had the pleasure of speaking with Ryan Malone directly, and he felt that this fact was one of the key findings from this research. The other? That most companies recognize the value of social media and have incorporated it into their marketing activities, yet many don’t really know how to utilize it efficiently to generate referrals.

It’s so much easier to track online marketing activites, and it’s all the more reason to transition more of your marketing budget to online lead generation. 20% of your marketing activities are bringing in 80% of your leads. Why not identify that 20% and allocate your budget accordingly?

Grab your own copy of Ryan Malone’s Elder Care Marketing Industry Report!

Quality vs. Quantity

The broad concept of “leads” has been around ever since there have been sales, but the Web provides a viable platform for leads that makes them more useful than ever.  As a result of this increasing popularity, there are many types of leads.  There are those focused on quality (the primary goal of Senior Homes), and those which are focused on quantity.

The quality vs. quantity question exists in most businesses.  Chevrolet looks to provide a level of quality that enables them to have lower prices versus their competitors, and that, in turn, means they focus on higher volume of sales for success.  Lexus sells a lower volume of cars, but they get higher margins for the quality they provide.  This is replicated in fine restaurants vs. McDonalds, Wal-Mart vs. Nordstorm’s, etc.  The same is true with Internet-driven leads, though there is one important difference.

The difference with the other products mentioned is expectations.  With McDonald’s burgers, Chevy Malibus and clothes at Wal-Mart, most consumers have an expectation of what they will get, and that expectation is typically met.  Unfortunately, too often expectations are not appropriately set for leads.  There are some vendors who push to provide a high volume model of leads to an extreme, but they often do not warn about the lower quality of their leads.  Often, as a result, this affects the perception of leads, even when many reputable suppliers exist.

Quality vs. QuantityWhen choosing a lead vendor for assisted living, independent living or other facilities, you should require them to be explicit in setting your expectations (on conversion rate, volume, information included, type of traffic source, etc.). If this is done before an agreement in made, you can decide if you are receiving an appropriate quality for your marketing dollars.

Some buyers are willing to take lower quality leads, because they want greater volume.  All buyers, however, should have a defined bar that they apply to their suppliers.  Reputable suppliers will be able to stand behind their quality.

We know we will.

Here’s a link to a lead gen conference presentation with additional useful information on this topic  from an lead generation industry analyst

Jay