Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures....

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Online Reputation Management:Lead Students to Your Doorstep

Sponsored by

Scott ManningRegional Manager

CA Ventures

Jennifer WorshamVice President of

OperationsEdR Management, Inc.

Meet the Experts

Joseph BatdorfPresident

J Turner ResearchModerator

SURVEY OF OFF CAMPUS RESIDENTS

21,028 Responses

18,784 (89%) Students

2,244 (11%) Parents

Conducted in January 2018

PARENT RESPONSESDid you visit any apartment your student was considering prior to leasing?

No37%

Yes63%

How involved were you in the apartment selection process for your student?

8.14

4.996.97

PARENT RESPONSESThere are many factors that go into making a decision to lease at a property. Out of a total of 100, approximately what percent of that decision was based on online reviews?

42%

STUDENT RESPONSES

DEMOGRAPHICS

Female

66%

Male34%

7%

27%

29%

22%

12%

4%

0% 10% 20% 30% 40%

Freshman

Sophomore

Junior

Senior

Graduate Student

Post Graduate

SOCIAL MEDIA CHANNELSWhat social media channels do you use the most?

70%

69%

56%

37%

12%

7%

3%

2%

0% 20% 40% 60% 80%

Instagram

Snapchat

Facebook

Twitter

Pinterest

Reddit

WeChat

Other

APARTMENT SEARCH

17%9%

12%7%

9%7%

5%3%

4%11%

9%6%

0% 5% 10% 15% 20%

JanuaryFebruary

MarchAprilMayJuneJuly

AugustSeptember

OctoberNovemberDecember

In what month do you generally start looking for an apartment?

APARTMENT SEARCHWhat is your primary source of information when looking for off-campus housing?

65%

51%

39%

12%

7%

1%

0% 10% 20% 30% 40% 50% 60% 70%

Online search

Referral from a friend

Awareness of the area

Social Media

University referral

Other

FACEBOOKDo you visit a property’s Facebook page before leasing at the property?

Yes 41%

Yes 33%

Yes 38%

No 59%

No 67%

No 62%

0% 20% 40% 60% 80% 100%

Female

Male

Overall

FACEBOOKWhich aspects of the FB page did you pay the most attention? (pick 2)

88%

80%

12%

11%

9%

0% 20% 40% 60% 80% 100%

Reviews

Pictures of the community

Gauge the quality of residents

Resident Interaction

Community Events

PARENT INVOLVEMENTDid your parents visit any apartment you were considering prior to leasing?

Yes37%

No63%

How involved were your parents in the leasing process?

3.49

7.454.96

Parents 6.97

RATINGS AND REVIEWSAt what point did you utilize online ratings and reviews to gather information?

52% As I was beginning my search

Once I narrowed my search to 4-5 communities

Once I narrowed my search to 2-3 communities

Once I selected the property I was most interested in

14%

22%

11%Do you utilize online reviews in your apartment search?

No14%

Yes86%

RATINGS AND REVIEWSIn your opinion, what is the general sentiment of reviews given by students?

Mostly Positive

42%

Mostly Negative

23%

Mostly Neutral

35%

RATINGS AND REVIEWSHow much do you trust online reviews?

6.67/10

How much did the online reviews affect your decision to visit a property?

6.26/10

Polling Question #1There are many factors that go into making a decision to lease at a property. Out of a total of 100, approximately what percent of that decision was based on online reviews? What was the average by students?

30-40% 40-50% 50-60%Over 60%

RATINGS AND REVIEWSThere are many factors that go into making a decision to lease at a property. Out of a total of 100, approximately what percent of that decision was based on online reviews?

47% PARENTS42%

RATINGS AND REVIEWSHow likely are you to rent at an apartment community that is strongly recommended by a friend but has negative online reviews?

5.96How likely are you to rent at an apartment community that has positive online reviews but is not recommended by a friend?

5.86

RATINGS AND REVIEWSWhat are the four most influential aspects when looking at different reviews for a property?

63%

60%

57%

56%

51%

43%

36%

34%

0% 10% 20% 30% 40% 50% 60% 70%

The relevancy of the review to your likes/dislikes

The Star rating

The recentness of the reviews

Number of reviews

The sentiment of the reviews

A manager/company response to reviews

The frequency of reviews

The date of last review

RATINGS AND REVIEWSPlease (stack) rank the following in order of importance to you when looking at these reviews for the property?

The content of reviews (4) 2.18

Star Ratings (1) 2.36

Volume of reviews (2) 3.26

Date of reviews (3) 3.27

Manager/Company Response (5) 3.87

RATINGS AND REVIEWS

Yes No

Have you ever posted a review for an apartment online? 28% 72%

Has your apartment community asked you to post a review online? 32% 68%

Do you look at the Manager’s response to a review? 68% 32%

MANAGER RESPONSE What are the top two things that you look for in a

response?69%

44%

34%

29%

13%

11%

1%

0% 10% 20% 30% 40% 50% 60% 70% 80%

Commitment to resolve the issue

Authentic/Customized response

The right attitude

Timely Response

An apology

Establish a line of communication

Other

MANAGER RESPONSE

In your opinion, How important is it that a manager responds to a review? 6.55

Has your apartment community asked you to post a review online? 6.44

MANAGER RESPONSELooking strictly at the response from the manager for the reviews, which one do you like better?

Response 1 66%

Response 2 16%

They are the same 17%

KEY TAKEAWAYS At least one third parents are visiting an

apartment prior to leasing. Two-third students are reading manager

responses and looking for a commitment to resolve the issue and an authentic response. Students are looking for pictures and reviews on

a property’s Facebook page.

Jennifer WorshamVice President of Operations, EdR

Put Yourself In Their Shoes

Session/Speaker Survey

How are we doing?

Scott ManningRegional Manager, CA Ventures

Best Practices – Handling Negative Reviews

Monitor all platforms and respond quickly. Dedicate someone to be the responder. Keep responses brief, genuine, and respectful. Bring the conversation offline by having them contact

the leasing office. If you know who the review came from call them. Hear them out. Often by doing so they might remove

the review after being heard. Do not start an online war/battle with the reviewer.

Best Practices – Getting The Right Reviews

Encourage customers to leave feedback early on! From touring to move-in, it’s never too early. It’s ok to ask for reviews. Person-to-person

request are best and are often the most effective. Do not offer incentives to customers in exchange

for reviews. Thank customers that give positive reviews. Highlight positive keywords in your response.

Pick Your Battles This resident went on a rant about a building

that was delayed in opening, and about the length of the move in line.

We had a dedicated person on move in whowas just responding to social media post.

We were able to gather 9 reviews that were 5stars from June – Sept during the delayedmove in compared to only 2 reviews of 1 star.

Maximizing Your Post Keep residents engaged.

Its easier to get positive reviews from people who are staying active on your page.

#FREEZETAG#BigMoney#TourTicklerTuesday

Discussion Points 38% of prospects visited the properties

Facebook pages prior to signing a lease. We focus a lot of our social media efforts here for

this reason.Prospect visit the properties pictures and reviews.

67% of residents state they have NOT be asked by the apartment community to post a review.Low hanging fruit for most properties. AskUse 3rd party companies to help solicit reviews.

Scott Manningsmanning@ca-

studentliving.com

Jennifer Worshamjworsham@edrtrust.com

Contact Information

Joseph Batdorfjbatdorf@jturnerresearch.

com