Connect with us

Real Estate Marketing

This Google tool helps marketers on a budget

(MARKETING) Google Ads (formerly AdWords) has added a feature that helps you squeeze more out of your budget.

Published

on

google ads

Limited by budget? If you utilize Google Ads (formerly Google AdWords), go ahead and make room for another tool – the Performance Planner. Google’s new planner, announced at this year’s Google Marketing Live, provides a safe space for advertisers to forecast performance without making adjustments to current campaigns.

Google claims this tool can drive 43% more conversions for advertisers by identifying ideal campaign spend. This is particularly useful for small or emerging brokerages that can’t always afford to compete at the same scale as larger brands when it comes to ad spend. Yes, the tool will probably advise advertisers to raise budgets. But the planner is accounting for billions of search queries, updated daily and uses machine learning to tweak its forecasts.

The planner can now be found in the “tools” menu of your Google Ads account. To use it, campaigns must have been running for at least 72 hours, received at least 3 clicks in the last 7 days or received at least one conversion. This forecasting tool only applies to search campaigns.

Using clicks or conversions as a key metric, the planner recommends how to distribute your monthly budget across campaigns to maximize conversions. The fun doesn’t stop there! The tool allows you to click around and see the number of conversions you could get if you raised your monthly budget even more. By selecting a date range, you can also compare your planned forecast with past performance.

And while using the keyword planner is essential during campaign set-up, you don’t need to turn to it for tweaks and adjustments. Within the planner is the ability to try out new keywords and see how they might affect conversions (don’t forget to try match types other than “broad”).

For those with limited budgets and/or manpower, this tool can save a lot of time and help eliminate a lot of guesswork. It provides deeper, data-driven insights to advertisers looking to optimize their campaigns. And at the very least, if you choose not to implement any changes based on the outcome of the forecast, you will have a concrete reason to blame a lackluster campaign on scarcity of funds.

Needless to say, Google doesn’t guarantee performance. A disclaimer at the bottom provides a friendly reminder that the responsibility of your campaign performance is of course, yours and yours alone.

The American Genius' real estate section is honest, up to the minute real estate industry news crafted for industry practitioners - we cut through the pay-to-play news fluff to bring you what's happening behind closed doors, what's meaningful to your practice, and what to expect in the future. Consider us your competitive advantage.

Continue Reading
Advertisement

Real Estate Marketing

This AI robot wants to find leads for you

(MARKETING NEWS) It comes as no surprise that companies are figuring out ways to use AI for marketing. Let us introduce you to Albert, the AI marketer sure to help business boom.

Published

on

mobile marketing trends albert

Artificial Intelligence (AI) is the making its way into every sector, including marketing campaigns. One tool in particular has found a way to simplify modern marketing by taking over menial tasks to run completely autonomous and successful campaigns.

Just ask one of their major clients, Harley Davidson, who raised their sales leads by over 2000% after switching to AI marketing.

Albert is the self-described first ever AI marketing platform and enterprise. Albert learns as a company grows, and autonomously analyzes data and optimizes campaigns to gain new leads.

Although many other platforms like Google and Facebook offer their own autonomous marketing systems, our pal, Al, can work across all channels. That means no more checking every separate channel to get an overview of marketing insights.

Not only does this save time, but it also saves money.

In the present digital age, it makes sense to let AI do the heavy lifting. When it comes to marketing, AI software is able to use online interactions to determine possible leads. For Harley Davidson, Albert generated leads from a large pool of potential customers that made purchases in the past, added items to their cart through the online shop and spent a significant amount of time on the site.

From this larger group, Albert developed smaller groups of “lookalikes,” or potential buyers, and tested out campaigns before implementing them.

This allowed Albert to predict appealing headlines and visuals, while also making adjustments to language that had tested better.

For example, Albert replaced the word “buy” to “call” as a call to action sent in emails and newsletters for customers to find out more about Harley Davidson’s top products.

As Harley Davidson experienced, AI marketing like Albert have the ability to make more accurate decisions that increase revenue and save time. Unlike traditional marketing tactics, Albert can make decisions based on actual data versus just guesswork. Without the ability to analyze online behavior, companies end up underestimating their potential buyer demographics.

Our pal, Al, is able to widen that figure, finding leads that were not even considered, and thus generate more business. The best part is that it is all done autonomously.

Continue Reading

Real Estate Marketing

Ramp up your Twitter by letting Narrow take the reigns

(MARKETING NEWS) Let Narrow manage and moderate your Twitter. Using analytics and algorithms your only job will be telling Narrow what you like and the app will do the rest.

Published

on

narrow

Reaching your target demographic on social media can be difficult even when you know exactly who you’re looking for, to say nothing of when you can only approximate.

While this still isn’t an exact science, one app—Narrow, by a company of the same name—may be the solution to your Twitter campaign’s shortcomings.

At first glance, Narrow looks like another Twitter analytics tool; however, what sets Narrow apart from its competitors is its automation. In addition to finding and tracking your target demographic through a combination of location, keywords, and hashtags, Narrow will like and retweet posts from users that fit into your established demographic in order to redirect them to your profile.

If that isn’t enough to pique your interest, you can also use keywords to find relevant users’ bios and follow their profiles, which is a proven growth technique.

Naturally, Narrow keeps you up to date with built-in analytics that show which hashtags and keywords net the highest success, all while continuing to interact with users based on your informed input. The ostensible result is a higher level of engagement with your target audience, more followers for your brand, and a better understanding of your brand’s target audience.

After choosing a monthly payment plan—which come in flavors of $19/month for one Twitter account, $49/month for three accounts, and $99/month for 10 accounts—all you have to do is link your Twitter account(s), plug in the keywords and hashtags you want the app to interact with, and—no, wait, that’s all you have to do.

As one might reasonably expect, you can look into your progress on Narrow’s dashboard at any time, allowing you to drop unsuccessful keywords, prioritize the more successful ones, and view your overall conversion rates for each Twitter profile you manage.

It’s worth noting Narrow’s to-date involvement: according to the developers’ website, Narrow is used by companies like Forbes, MSNBC, and Entrepreneur. Given the bevy of useful resources this app boasts, you might want to consider adding your site to that list.

Narrow starts out at 19.99/month for one Twitter account. Even if you aren’t looking for a growth resource right now, do yourself a favor and head over to the site to check it out.

Continue Reading

Real Estate Marketing

Sentiment analysis has become unreliable, but you can get around that

(MARKETING) Gathering sentiment analysis on your brand is a standard marketing practice, but new studies reveal the data is increasingly unreliable – here’s how to combat this trend.

Published

on

sentiment analysis

Turns out it isn’t just the average Joe who should be worried about misleading information online. Brands should be equally concerned about the accuracy of consumer perception. The basics of sentiment analysis are as old as the pandora’s box of asking for someone’s opinion. However, a study by the Harvard Business Review has shown that online vs. offline consumer reactions should be treated differently.

Sentiment analysis is the computational process of categorizing a person’s attitude towards a product, brand, topic, or campaign as “positive”, “negative”, or “neutral” by digesting their linguistic patterns in their posts and comments.

It’s essentially the uphill battle of turning subjective feelings into actionable or useful data. The problem is finding accurate trends when 60 percent of sentiment analysis studies yield overall “neutral” attitudes. Not all that helpful…

Essentially, online reactions are rooted in extremes. We all have been or have that friend who posts about finding “this amazing product/brand” and must let all passing scrollers know about this new obsession.

Alternatively, some try to perform a civic duty by warning others about a poor experience to save their social media friends from the same grief. Whatever said in that comment or post is likely filled with intense emotion, equivalent to someone running out into the road to yell their feelings to anyone who’ll listen.

Secondly, the spectrum of consumer reactions can be too wide. With the rise of fake accounts and bots, accepting feedback wholesale can lead to too much noise or misleading sentiments. Specificity is key, especially when A.I. and algorithms still have trouble recognizing irony, hyperbole, and humor. (Memes, anyone?) Feedback can be more accurate by targeting phrases such as “will buy” or “won’t buy”. For bigger brands, random, sentiment sampling can also help narrow the focus.

Finally, the sentiment analysis tools should vary. There are a growing number of resources with Hootsuite Insight, Rapidminer, and Social Mention just to name a few. Different tools can help create a better picture of consumer reactions — just follow the trail of hashtags!

The minefield of online interaction hasn’t gotten any safer despite a public awareness for fake news. Context is still a tricky thing. But subjectivity still makes the world go ’round (in my opinion), and we can see the value in feedback even though it may require playing with fire.

Continue Reading
Advertisement

Our Parnters

Get The Daily Intel
in your inbox

Subscribe and get news and EXCLUSIVE content to your email inbox!

Still Trending

Get The American Genius
in your inbox

subscribe and get news and exclusive content to your email inbox