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Online real estate advertising will surpass spending on print ads by 2011

Internet Marketing for the Real Estate Industry

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Reducing the Cost Per Conversion - A Case Study for Realtors
Industry: Commercial Real Estate
Digital channels used: Search, Email
Target audience: Business-to-Business (B2B)
Campaign duration: 6 months

While search marketing was a fairly new endeavor for our client, email marketing was a well optimized retention mechanism running with a very clean and fresh mailing list. During the six month engagement, our search marketing expertise and flexible email marketing technology reduced the average cost per conversion by 31% in the search channel and by 11% in the email channel.

The chart shows positive Cost per Conversion trends for both channels. Learn how we did it and what we were focusing on:
Average cost per conversion case study for realtors, search and email channels
Average Cost-per-Conversion Segmented by Digital Channel.
More marketing charts like this via Single Entry Point's Flickr RSS.

Highly Effective Tactics
We have used a variety of tactics to achieve marketing objectives, including optimizing pay-per-click accounts, website redesign, re-writing creative and improving data segmentation. The tactics that had a significant impact in reducing the cost per conversion are highlighted below:
  • In the area of information architecture, we've modified the internal navigation to provide users with quicker access to relevant information. Reducing the number of navigational elements on landing pages directed users on the conversion paths.
  • In usability, we've eliminated the need for page scrolling by repositioning the lead acquisition form. We have also shorten the time spent on the form by reducing the number of fields to fill.
  • In the area of web analytics, we've introduced keyword-level measurements in all areas of engagement. This tactic helped us in identifying and removing non-performing keywords and focusing on best performing keywords.
  • A higher level of personalization proved beneficial to this B2B audience. Incorporating purchase history information enabled us to provide more intelligent product recommendations and thus deliver relevant and timely communications.
Single Entry Point® Marketing - Project Management MethodologyWe achieved fast turnaround by employing a well-articulated project management methodology. All Single Entry Point Marketing projects go through a cyclical, four-phase process refined for optimal results: Discovery, Planning, Execution, and Management.
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