Smarter Marketing for Remodeling Firms - Continuum Marketing Group LLC

Archive for October, 2010

I was asked to comment on a recent Pew Internet study report* about online product research by Americans and its implications for remodeling firm marketing.  My take on the research report is in line with other reports and information I have reviewed on consumer buying trends and our experience with our clients.

The Pew report states that “58% of Americans have researched for a product or service online”.  That, though, does not reflect more interesting data on how those who are likely to be your target customers are using the internet for research of products and services.  For example, according to the report, among “internet users” 78% not 58% say they at least occasionally conduct product research and 32% say they have posted online product comments (think references, word of mouth, your reputation online). 46% of those in the survey reported using sites such as Facebook or LinkedIn, up from 5% just 5 years ago.

Adults over 65, who were part of the survey, researched significantly less on the internet than did those 30-64, which means your primary target for remodeling projects, which is often in the 30-64 age group, uses the internet more than the average for research (80% and higher).  Those in higher income brackets do more research online than those in lower income brackets, 83% of broadband users report doing online research compared to 67% of non-broadband users. Those with some college or college degrees research more online than high school graduates and much more than those with just some high school education.

While the Pew report was not measuring the way people looked for and researched remodeling firms, I don’t see a reason why the research habits of the various groups and subgroups in the study would vary for home remodeling purchases compared to other services and perhaps products.  And…in almost all cases, when there was a group that used the internet for research more than another, it was a group that more often than not fit better into a likely-to-ideal remodeling prospect profile.  My take on the percent of prime prospects for remodeling is that over 80% of them use the internet for research and, I expect, for remodeling services as well.  This indicates to me that remodelers’ must have websites and should seriously consider search engine optimization, social media, and local search marketing as part of their remodeling firms marketing efforts.

*The study was by Pew Internet, Pew Internet and American Life Project, a project of the Pew Research Center and was called “Online Product Research 58% of Americans have researched a product or service online”.  Dated September 29, 2010.

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Having attended the Remodeling Show in Baltimore a few weeks ago and then the Remodelers Advantage Business Summit 2010 in Kohler Wisconsin last week, one of the clear messages that kept coming up speaker after speaker and also in side discussions was that search engine optimization (SEO) and social media like Facebook, Twitter and LinkedIn are now part of how remodelers must market themselves. Not mentioned as much is also how local search is part of the mix as well.

There is no question that SEO, Social Media and Local Search are useful tools for marketing.  There is no question that many traditional remodeler marketing tools have become less cost effective in the past few years.  There is no question the way people buy, interact with each other and communicate has changed dramatically.  The challenge for most typical size remodeling firms is being able to find the way to use these new marketing tools cost effectively and maintain the level of effective marketing they need.

SEO and social media can be time intensive and require knowledge and skill sets most remodeling firms don’t have in-house.  But then again, remodeling firms rarely had the in-house staff skills to develop and execute marketing efforts like ad campaigns, direct mail programs, jobsites signs and vehicle graphics, websites and a whole lot more in the past.  With ads and mass mailings generally being less productive, those budgets can be reassigned to the new types of marketing efforts.  Marketing budgets for remodelers of all sizes and types have to readjust to the realities of today’s marketplace and on-line marketing costs.

We believe one of the secrets of making SEO, websites, social media, local search, e-newsletters, blogs and other new marketing tools work is to integrate them and have a broad strategy.  Integrated marketing communications has always proved to be more cost effective than standalone efforts and with SEO, websites, social media, local search, e-newsletters, blogs it is just as true.  In fact integrating all of the new marketing with the traditional marketing efforts that are still effective will further leverage your marketing investment.

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