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Entries Categorized as 'Internet Marketing'

How To Determine The Value Of Feed Subscribers and Track Associated Goals With Google Analytics

Date March 25, 2008

If you write a blog, it is safe to presume that you want other people to read it. Unless of course you have blocked the search engines and are allowing only certain people to see your blog. From what I can gather when it comes to the real estate blogs, most of us would like our blogs to be read. In fact some of us have set a goal to turn first time visitor to our blogs into regular one or even a subscriber. In fact in some other niches, the value and the influence of a blog is determined by the number of subscribers.

In real estate, blog can also be responsible for the growth of your business. In fact, many real estate blogs are highly monetized digital “properties” on the internet, while others contribute to the successful real estate transactions outside of the Internet. In either case the subscribers to your blog may have something to do with the dollars in your pocket at the end of the day.

In this tutorial, I will show you one way you can track a specific goal (lets call it “subscriber goal” for the sake of the argument) using Google Analytics. If you are not familiar with Google Analytics but are serious about your online marketing efforts I strongly suggest opening an account. Learn as much as you can about what Google Analytics has to offer, it will only benefit you in the long run.

Before I get into technical part, which will require some minimal knowledge of HTML, I would like you to sit down a determine following. Think about the past month. How much income (preferably net income) can you contribute directly to your blog? Now divide that amount by the number of subscribers- the result will be used in Google Analytics as “goal value”. For example if your net income was $1000 and your blog has 265 subscribers, dividing $1000 by 265 will give you $3.77- when setting your gaol at Google Analytics you will use this amount to indicate your “subscriber goal”.

Setting The (Subscriber) Goal In Google Analytics.Google Analytics Logo

If do not have an account with Google Analytics, you might want to register first and implement the tracking codes in the template of your website.

In order to track your subscriber you need to know who many people had actually clicked the subscription button or link. However, I highly discourage against placing Google Analytics tracking code int the feed of your blog. Also, if you are directing your visitors to your blogs feed at FeedBurner, you may not be able to implement the tracking code even if you advanced in programing.

In order to capture these statistics you will need to implement what is known as a jump page. You can do that by using a simple text editor such ad Notepad. Create a file a name in subscribe.html. Then copy and paste the code below, but make sure to replace few lines of that code with your own info (explained below the code):

<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=ISO-8859-1" />
<meta http-equiv="refresh" content="0; URL=YOURFEEDSURL" />
<meta name="robots" content="noindex,nofollow" />
</head>
<body>
<–REPLACE THIS LINE WITH YOUR GOOGLE ANALYTICS CODE HERE–>
</body>
</html>
 

Make sure to replace YOURFEEDSURL with actual URL of your blog’s feed and the line that says to replace it with Google Analytics Code.

Upload the file (subscribe.html) into the root directory of your blog. The meta refresh in the “head” of this HTML file will redirect users to your blog’s feed wile Google Analytics will capture necessary data.

Login into your Google Analytics account. In the dashboard area you will see the list of your websites in the table called “Website Profiles”. Then click “Edit” link for the blog you are about to implement a “conversion goal”. You can set up up to 4 different goal for each website. If you followed my instructions in creating the jump page and uploading it to your server, your conversion gaol configuration should look like this:

Configure Goal Vlue and Settings

Note that 3.77 is the result of calculation we did dividing your net income by the number of your existing subscribers.

I know that it sounds some what complicated. But it is not as hard as it looks and the benefit of having these statistics measured should supersede any fear of tackling Google Analytics and a little bit of HTML coding.

Depending on the popularity and traffic to your blog you can see results within day or two. However to have more accurate statistics, you might need to wait longer than just one day.

Here is an example of how this is working for my website:

Per Visit Goal Values

The figures in “Per Visit Goal Value” column offer me clear idea how much I can pay per each visitor and still profit if I were to strike advertising deals with the referring websites and blogs.

Warning: The above describe method should only be used in conjunction with other statistics. It maybe that some visitors may not actually subscribe eve after clicking the subscription button or link. You will also need to factor in unsubscribe rate and never ever use the gross income in calculating the goal value. Being very conservative when assigning the goal value will shorten the range of the error margin. You should also be conservative with your subscribers numbers, it’s better to err on the side of lower number of subscribers.

And The Question Remains… Why?

Date March 20, 2008

Since publishing the infamous Cease and Desist notice, I was asked by fellow bloggers few questions that I cannot ignore. But before I start, I need to say this- the publicity may scare the “beast” away, but this sort of publicity is the last thing I am looking for. I just want to do the right thing. Nothing more, nothing less.

This is also a great opportunity to say thank you to other and way more influential bloggers for noticing my story. Greg Swann, Marlow Harris, Jay Thompson, Pat Kitano, SEO Emperor, Wayne Harriman - thank you everyone for your support and advise.

So lets get to it…

Why did I take the posts down?

I wish it was simple. The cease and desist letter sent the chills down my spine. When the original post was getting so many comments I was hoping that some of the other influential bloggers would notice my article. But as Greg Swenn points out this blog is insignificant. There are barely 100 unique daily visitors to my blog. So when I received the lawyer’s letter I knew that I was facing the Goliath all alone. To put it simply, I was scared.

Why am I posting this now?

Since attempting to comply to the demands of the lawyers from WILLOUGHBY, STUART & BENING it not feel right. I basically was admitting that all their false accusations are true. I also felt like I had betrayed all who offered their feedback. Publishing the cease and desist letter was a way for standing up not only for myself but for all who commented on my post.

And finally an extra bonus if you wish: I still believe that idea for the website was good. Way short of brilliant, but good enough to run with it. The execution of the idea was absolutely terrible.

EPerks.com claim to be a part of what we know as Web 2.0 marketing. As such, Web 2.0 is a form of marketing where engagement with those who like you as well as those who criticize you is of great importance. But so is reevaluating your product and improving it.

Many companies of this “Web 2.0 pound” started off by offering free membership to their potential clients and customers knowing that their product is so darn good that 99% of the free members will pay money to continue to use their products. EPerks has chosen a different path, launching their website they charged real estate agents $100+ dollars per month, without a proven record for their product’s effectiveness. I am not saying it was wrong way to launch a website. But if you do so, not listening to the criticism is like shooting yourself in the foot.

I would suggest to go back to the drawing board. Consider all criticism and come back a winner. Of course you can continue the way you go about your business. Continue to send cease and desist notices and even sue small guys like my self. Will any one remember your name a year from now?

Century21’s YouTube Channel

Date March 12, 2008

Have you seen it yet? Here is the link. I think it’s great that real estate companies are finally realizing the potential of such websites like YouTube for the growth of their own business. I do find the videos a little cheesy. Here is one for you. Let me know what you think in the comments.



Does your company have a channel on YouTube? What are you waiting for?

PRWeb: Easy And Powerful Media Tool

Date March 11, 2008

PRWeb is widely recognized as the leader in press release distribution. Many companies use this service to generate online buzz and even get attention of major publications. PRWeb is extremely well positioned for promoting your real estate website. Your press release can be targeted to a specified metropolitan so your the traffic to your website can be as local as possible. Following video explains how PRWeb works:



Is Twitter Good For Real Estate Business?

Date March 6, 2008

Watch the video. Decide and then connect with me on twitter.



Top 100 Blogs: Gathering Feedback And Responding To Criticism.

Date February 20, 2008

I has been more than one week since list of top 100 Real Estate Blogs went live. If you made the list before we launched the list, you may be well aware of it. If you have not heard about it. It is a list of real estate blogs that ranks blog. To rank real estate blogs we have factored in Google PR, Technorati Rank and Alexa Rankings. It is a first list of its kind and of course such an attempt will draw some attention and criticisms. So today I would like to acknowledge the incredible feedback we received and to respond to some criticisms.

Thanks For The Buzz

Bees At WorkFir of all I would like to take time and thank every blogger and blog that linked to my original post announcing the list or to the list itself:

I also would like to acknowledge all who took their time and commented on the post that originally announced the list.

Responding To Criticism

Thumb DownNow I would like to respond to some criticisms. While I tried to respond to some of it personally on the blogs offering their feedback, I think t is important to gather the criticism into one place. I have tried to counter the criticism I found so far, but I have decided to include the criticism or rather my response to what I see as trends in criticism of our list. I tried hard to respond to particular posts personally, however it doing so I mark all the criticism with hope to improve our list or or to respond to something in a greater detail here on my own blog.

  • The list is unreliable. Just because we use rankings that are not necessarily most reliable does not mean our list not worthy to take a look at. Out of all list that rank blogs and websites our list is the most focused on real estate even though some blogs that are not primarily write about real estate slipped through. However unreliable one may hold Google, Technorati and Alexa- these statistics are hard to manipulate and artificially inflate therefore it will be very hard to progress on our list as well.
  • I can’t compete with big Blogs. There is an underlying consensus among real estate bloggers out there that in order to have nigh rankings you either need to write about technology or otherwise to be connected to “Silicon Valley” or you need to have a multi authored blog. I would argue that when it comes to blogging it is not your connection and your niche that are crucial to your success - it is the content of your blog. Here is an example. Doshdosh- an internet marketing blog is barely year old and is authored by one person. In just over one year not only the blog gained 11,000 subscribers but is widely accepted as leading blog in that particular niche.
  • The list has many blogs that should not have been there. I have tried to be diligent in compiling the list. I started with 30+ blogs from my Google reader. Then I moved to the blogrolls of the blogs I subscribe to and other websites like Blogflux to come up with the “first” 100 blogs. I certainly may have made a mistake or two and if your notice a blog that should is “home an living” kind of website please let me know and I will correct.
  • What other value our list brings comparing let say to Blogflux. Our list is more focused. I examine carefully each submission before including the blog into our list. We give each blog clean and search engine friendly links. We aggregate the latest post form each blog on the list.
  • Infringing on NAR trademark. I just have to say that it was on oversight on my par when we purchased the domain. There was no intention to neither compete with nor associate ourselves with NAR. As you an see our list is hosted on it’s own domain now.

Feel free to offer your onion about the Top 100 Real Estate Blogs. If you have a real estate blog feel free to submit it to me via email: vlad @ go-beyond-mls dot com. Special thanks to Mark from 45n5 fro his tireless effort programing the list. If you have not visited the list lately we have 127 blogs already with more submissions in my mailbox. Make sure to bookmark the list for the future reference and use.

Picture credits: atroszko and Daino 16.

Real Estate Blogs Top 100

Date February 14, 2008

The idea to compile such a list was born a few months ago. Just as other similar top lists where appearing. After talking to Mark from 45n5- who is an outstanding programmer and internet marketer, a decision was made to bring the idea to fruition. Mark was in charge of programing the list, while my job was to find the blogs to be placed in the list- an easy job I should say for a former real estate agent.

So I present you today with GeerRealtors Top 100 Real Estate Blogs. It is a must bookmark page for many reasons. Not only will you be able to see who is who among real estate bloggers. You can also see the latest posts from the blogs featured on the list. If you are on the list this will give you an opportunity to see how your blog compares to your colleagues and/or competitors. Visit those blogs and see what are they doing that makes them more popular than yours.

If you visit the list, you will notice that there are actually more than 100 blogs.This means that you also can submit your blog, and then work your way to the top. If I have missed your blog feel free to submit your blog, and depending to the rankings elsewhere (Google Page Rank, Alexa Rankings, Technorati Rank) you may very well end up in the top 100. If not, you have some work to do.

The list will be updated once a week, so if you see N/A next to your blog, it means it was added after the last update. Just bookmark the Top 100 Real Estate Blogs and come to look at it one week from now. Finally I hope the list itself will bring you a visitor or two.

And now, without further ado, I present you with the first edition of Top 100 Real Estate Blogs:

Real Estate Blogs Top 100

GR Rank* Blog Name top100.jpg top100.jpg top100.jpg
1 Apartment Therapy 4 461 20724
2 Curbed 5 2749 32155
3 Inman News Blog 6 12130 34870
4 Brownstoner 6 8447 137136
5 Lansner on Real Estate 5 42090 52158
6 Zillow® Blog 6 17501 148023
7 Future of Real Estate Marketing 3 11756 80208
8 BiggerPockets Blog 3 29692 42467
9 Realtor Blogging Service 5 39041 101093
10 Dr. Housing Bubble 5 34802 118248
11 Sellsius Real Estate Blog 3 11591 94468
12 Nubricks 6 33456 198039
13 Rain City Guide 5 13963 215255
14 The Real Estate Tomato 5 13165 260972
15 Housing Panic 3 18779 150367
16 Agent Genius 4 28253 243589
17 Trulia Blog 5 53658 302100
18 The Real Estate Bloggers 3 23628 221092
19 Overseas Property Blog 5 137774 159636
20 Condo Blog 5 129395 272191
21 Mortgage Fraud Blog 5 72941 418080
22 HisMove 4 103170 241729
23 Miami Condo Investments 4 112625 250963
24 360Digest 5 62410 505650
25 Consumer Mortgage Reports 4 82932 348748
26 Charles and Hudson 5 81766 515494
27 LAS VEGAS REAL ESTATE 4 124139 292310
28 YoChicago 5 57124 618539
29 Piggington Econo-Almanac 3 92012 316173
30 Real Central VA 5 41092 803329
31 Altos Research Real Estate Insights 4 189138 311768
32 Luxury Home Digest 4 110648 492205
33 Technology for Real Estate 4 50119 633386
34 Ubertor Real Estate Blog 4 170597 377857
35 Carnival of Real Estate 4 71974 656356
36 EWM Realtors 4 211248 344229
37 True Gotham 5 103170 810330
38 Bubble Meter 5 162356 683259
39 Mike’s Corner 4 78235 700319
40 New Condos Online 4 360865 56421
41 The Real Estate Zebra 4 59623 786853
42 Sacramento Real Estate Voice 4 129395 727335
43 BlueRoof 4 119246 847456
44 Real Estate Sizzle 4 129395 894749
45 Realty Blogging 4 179530 797181
46 Pine Needle Lawn 5 415686 672779
47 Realty Thoughts 4 140824 990254
48 Arizona Real Estate Notebook 4 166367 952243
49 Triple Mint 5 297907 1532776
50 miOaklandCounty.com 3 89301 1420123
51 Naples Real Estate Blog 3 629416 256388
52 Pittsburgh Homes Daily 5 87977 2672551
53 St Louis Real Estate Voice 4 179530 2252476
54 Texas Realty Blog 3 317977 1530995
55 Real Estate Cafe Weblog 4 517455 2528654
56 BlogArizona.com 4 437475 3061824
57 Go Beyond MLS 2 731678 419104
58 Blue Collar Agents 3 395824 2246269
59 PropertyMaps Corporate Blog 4 1644723 463262
60 Lake Martin Voice 4 437475 3419729
61 Minneapolis Real Estate Blog 3 331293 2597171
62 nyc BLOG estate 3 587893 3043864
63 Property Monger 4 674367 4536111
64 Cobb Real Estate Blog 3 1212405 2617730
65 Edmonton Real Estate Blog 3 2124856 4493571
66 Fliperati 3 1948248 5043858
67 The Silver Bee 4 795643 11709774
68 Vancouver Real Estate Blog N/A N/A N/A
69 Laguna Niguel Real Estate Blog N/A N/A N/A
70 Thoughts about Real Estate N/A N/A N/A
71 The Trump Blog N/A N/A N/A
72 Connecticut Real Estate Blog N/A N/A N/A
73 The Silver Fern N/A N/A N/A
74 Calgary Real Estate Market Blog N/A N/A N/A
75 Dothan Home Search N/A N/A N/A
76 Tucson Real Estate In The News N/A N/A N/A
77 Tampa Florida Real Estate Blog N/A N/A N/A
78 Toronto Real Estate Blog N/A N/A N/A
79 Ian Marshall N/A N/A N/A
80 Long Beach Real Estate N/A N/A N/A
81 Atlanta Intown Lofts N/A N/A N/A
82 Smyrna Vinings N/A N/A N/A
83 South Beach Condo Blog N/A N/A N/A
84 St. Paul Real Estate N/A N/A N/A
85 The Phoenix Real Estate Guy N/A N/A N/A
86 ProHabber N/A N/A N/A
87 Kuna Real Estate N/A N/A N/A
88 Real Life Real Estate N/A N/A N/A
89 Housing Doom N/A N/A N/A
90 Blown Mortgage N/A N/A N/A
91 RealEstateFacts.org N/A N/A N/A
92 The Real Estate Post N/A N/A N/A
93 House Hunting 101 N/A N/A N/A
94 Wilmington NC Real Estate Blog N/A N/A N/A
95 ExpertRealEstateTalk.com N/A N/A N/A
96 Arcadia Housing Blog N/A N/A N/A
97 Outer Banks Real Estate 3 N/A 4213042
98 Reese’s Pieces of Real Estate 4 N/A N/A
99 LendingClarity.com 4 N/A 4293234
100 Appraisal Scoop 4 N/A 771018
Almost
101 The Real Deal 6 N/A 552922
102 Housing Bubble Casualty 4 N/A 1644324
103 Matrix 7 N/A 545538
104 The Housing Bubble 3 N/A 88748

* GeekReltors Rank