April 29, 2008

 
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The Workhorse Web Site: Making Your Web Site Work for You
Steve Lewkowitz
The first iterations of most home builders’ Web sites were slim creations: at most, online transpositions of their corporate brochures. As the Web has evolved and homebuyers have become more tech-savvy, builders have done their best to keep pace. Many builders’ sites are now in their second, third, or fourth generations and are now much more elaborate information- and media-rich destinations. With homebuyers using the Web more and more in their home search and selection, builders have recognized that the Web can play a major role in the company’s success.

Is your Web site working for you?While many builders’ Web sites are now more expansive, flashy, and appealing; they are still, in essence, just ornate brochures. While they look great and help sell homes, they are missing out on the full potential of the Web. Used strategically, your Web site can become a workhorse, accelerating sales, saving labor, gathering intelligence, and creating loyal, happy customers. This article explores some of the ways you can take your Web site to the next level.

Use Your Web site as a Hub

The first step to leveraging your Web site more effectively is to stop seeing it as a standalone tool and to start understanding it as a unifying hub. Your Web site should be the front door to your organization: all paths should lead to it, and it should be the main entry point to access everything your firm has to offer.

Most builders see their Web site as part of their marketing toolkit, but it can be much more than that. Your Web site can act as center point for all of your marketing activity, tying together online and offline channels.

Most builders’ online marketing is not limited to their own Web site. Many promote their homes on third-party Web sites and online listings services, and they may also use banner ads or pay-per-click advertising. These online programs can be excellent lead generators, but builders need to make sure that leads from disparate online channels don’t fall through the cracks and receive equally rapid follow-up as direct leads. By funneling leads brought in by other online, lead-generating sources through the builder’s Web site and using simple tracking mechanisms, builders can ensure all leads enter the same pipeline and are promptly and consistently followed up, while still gathering source data. 

Although many builders are investing more and more of their efforts in online marketing, most continue to use traditional marketing channels such as direct mail, print advertising, and billboards. Unfortunately, the effectiveness of these offline channels can be hard to measure. But by directing interest generated by these media to specialized Web pages that capture leads and record the source, builders can track the returns on these marketing efforts as effectively as they can their online activities.

Using your Web site as a hub goes beyond channeling visitors from different sources to a single location; it’s also about what links into your Web site from the back end. Many builders have invested in their IT infrastructure, implementing applications and systems that help streamline their processes and organize their data. By tying some of these systems into their Web sites, builders can extend the value of these IT investments and make their Web site a critical front end for their marketing, sales, and customer care processes.

Use Your Website to Build Relationships

The Web can’t compete with face-to-face interactions for relationship-building — or can it? While online tools may never replace the human touch altogether, they can go a long way toward building customer relationships when properly applied, and in many cases they can be more effective and methodical in gathering and applying customer and prospect data — at least up to the appropriate point for handoff to a live sales agent.

By tying marketing automation and customer relationship management (CRM) systems to your Web site, you can use the site as a systematic intelligence gatherer and relationship-builder. Rather than generating a one-time lead, you can create a prospect profile that can be built out over time. When a prospect visits your Web site, encourage them to register to receive value-added information, such as in-depth PDF brochures or community updates, by simply entering their name and e-mail address. Enroll the prospect in an automated, lead-nurturing e-mail stream that asks them a few key questions at each interaction. This enables you to collect information cumulatively as the relationship develops, avoiding long, imposing online registration forms that act as barriers to lead generation. The more sophisticated marketing automation programs will automatically increase the depth of personalization with each communication, building upon the latest information gathered to continually increase relevance.

For example, if the prospect indicates that their primary hobby is golf, the system can automatically send a golf-oriented communication, or a profile of area schools, if the prospect has children. Each step builds prospect intelligence, while also pre-qualifying contacts. The system can route leads immediately to the appropriate salesperson when the prospect is at the right stage for live follow-up, and the salesperson is delivered not just a lead, but in-depth information about a pre-qualified contact that is ready to make a purchase.

In this way, your Web site can take on much of the pre-sales lead generation, nurturing, and qualification duties that would normally require significantly more effort, time, and overhead, while also gathering richer information and delivering a more consistent customer experience.

Use Your Website to Streamline Customer Care

You Web site can play an important role in the marketing and sales process, but its usefulness need not end there. Post-sales customer care is critical to keeping customers satisfied, maintaining a strong brand reputation, and generating high-quality lead flow in the form of customer referrals. But delivering great customer care can be costly. Using your Web site for customer care can bring down the cost while increasing customer satisfaction — an ideal combination.

Again, the secret is to integrate customer care tools directly into your Web site. Allow homeowners to log in to a secure online customer care center and access their profile, which is fed by the rich customer data you have accrued in your CRM system throughout the marketing and sales process. Enable homeowners to easily refer to data relevant to their home (such as warranty information), update their profile to keep your data clean and up to date, search knowledge-bases for helpful pointers and answers to common questions, and log issues for service-agent follow-up. Using your Web site this way enables you to provide 24/7 support and service very cost-effectively and give customers ample resources for self-service. Many will thus be able to answer their own questions without ever contacting a service agent. For those issues that do require follow-up, logging issues electronically allows them to be quickly and easily routed to the appropriate customer care agent or sub-contractor for follow-up, escalated when needed, and tracked through to resolution. Web-based customer surveys can also be integrated into the service process to ensure issues are being resolved to customers’ satisfaction and identify areas for improvement. Similarly, marketing automation systems tied into the Web site can continue to nurture relationships well after home purchase, promoting second-home or holiday-home sales and offering Web-based referral programs and incentives.

Take Your Web site beyond “Brochureware”

Don’t be afraid to ask your Web site to work a little harder for you! By tying your Web site more closely to your online and offline marketing activities and back-end IT infrastructure, you can get more value not only from your Web site, but from your existing technology and marketing investments, while also increasing customer satisfaction and lowering costs — a winning combination by any builder’s standards.

Steve Lewkowitz is Professional Services Director, Home Building and Real Estate, for CDC Software’s Pivotal CRM, a leading line of customer relationship management solutions. E-mail him at slewkowitz@cdcsoftware.com or visit www.pivotal.com/homebuilders.

Find out More Who Makes 91 Percent of the Home Buying Decisions
Trillion Dollar WomanAccording to a recent Harvard University study, women control 91% of home buying or remodeling decisions. Trillion Dollar Women: Use Your Power to Make Buying and Remodeling Decisions, from BuilderBooks.com, provides builders and other housing professionals with a detailed look at the motivations, objectives and viewpoints of female buyers.

Though written for the female consumer, Trillion Dollar Women is also a valuable resource for housing professionals to gain perspective on ways to better serve and market to this growing segment of customers.

“Builders recognize that women have more buying power than ever—single women, in fact, are the second largest and fastest-growing demographic of home buyers,” said Sandy Dunn, first vice president of NAHB and a builder from Point Present, W.Va. “This new book provides building professionals with unmatched insight into this important segment of the buying population.”

Author Tara Nicholle-Nelson demystifies the home buying and remodeling process, leading readers to evaluate their needs, lifestyle, budget and personality before making decisions. Packed with tips, questionnaires and checklists, Trillion Dollar Women teaches women to get through the home buying or remodeling process with ease. Readers will benefit from advice and insight on topics ranging from budgeting to design style.

“I wrote this book to help transform women’s real estate experiences and arm them with the tools they need to get the home of their dreams,” said Nelson. “Women hold the purse strings when it comes to these major home buying decisions, and this book will make them better educated, more confident consumers in the process.”

Trillion Dollar Women also shows readers how to become more environmentally conscious with room-by-room strategies for green building and energy efficiency, including a list of resources and advice on finding a green contractor.

BuilderBooks.com® is the publishing arm of the National Association of Home Builders. To view or purchase this publication online, click here, or call 800-223-2665. [return to top]

The Big Hunt Sets Its Sights on National Membership Day
  The Big HuntNational Membership Day — the federation-wide membership drive — is set for Tuesday, May 20, and across the country NAHB members and membership chairmen have donned their bush jackets and pith helmets to help grow and revitalize their local builders associations during the NAHB annual event.

This year’s drive, themed “The Big Hunt,” helps HBAs energize their members, creates excitement, builds momentum and even pits associations in a few friendly cross-state, cross-country or member-to-member rivalries.

“The Big Hunt” membership day Web cast will be broadcast from 2 p.m. to 5 p.m. EST Tuesday, May 20. HBAs should be prepared to call NAHB at 800-899-6242 during the Web cast to have May membership projections officially recorded and posted during the membership day event.

“Over the years, National Membership Day has become a key part of our culture,” says Vince Butler, NAHB membership chairman. “It’s always an exciting event.”

Visit www.nahb.org/membershipday, or call the NAHB Membership Team at 800-368-5242 x8440 for more information. [return to top]

New Industry Accounting Book Indispensable in Tough Times
Accounting and Financial Management Emma Shinn’s “Accounting and Financial Management for Residential Construction, 5th Edition,” available at BuilderBooks.com, provides detailed information for single- and multifamily builders, remodelers, developers and contractors on how an accounting system operates and the basic principles of processing financial data.

It’s an indispensable business tool for industry professional in good times and tough times.

This edition includes the updated NAHB Chart of Accounts that can easily be adapted to the reader’s own business.

In it, Shinn takes readers through the financial process in a methodical manner, building concept upon concept so that even the most complex accounting functions can be easily understood.

“Accounting and Financial Management” includes and explains:

  • The key measurements that residential construction professionals should track.

  • How technology facilitates procedures for accounts payable, change orders and payroll and how these impact processing systems.

  • The integration of job cost accounting with estimating, purchasing and scheduling.

  • The impact of additional management reports and how they can enhance and facilitate a manager’s job.

  • The “Profit Center” concept for multiple-project companies and its reporting requirements.

“Accounting and Financial Management” holds the essential information needed for a company to take control of its finances.

To view or purchase this publication online, click here, or call 800-223-2665. [return to top]

NAHB Directory Provides Easy-to-Find Technology Services
NAHB’s Technology Solutions Directory (TSD) is an easy-to-use directory that enables builders, remodelers, contractors and other industry professionals to find information on software, IT solutions and services for their businesses.

The directory ― an online, 24-hour resource — will help building professionals find software providers for everything from construction-based accounting and budgeting to Computer Aided Drafting and Design (CADD), as well as companies that provide such services as Web management, IT consulting, financial control and more.

To search the directory, log on to the NAHB Web site (www.nahb.org) and click Online Directories under the Resources tab.

The directory is free to use, and NAHB members can post a standard listing for free.

Software and technology solutions providers interested in being listed can sign up for:

  • Enhanced Listing — Listing includes company name, URL, e-mail address, mailing address, phone number, company/product description, company logo. Click here for more information.
     
  • Standard Listing — Listing includes company name and phone number. Click here for more information.


The directory is sponsored by the Business Management & Information Technology Committee.

For more information, e-mail Agustin Cruz at NAHB, or call him at 800-368-5242 x8472.

The Technology Solutions Directory is solely for educational and informational purposes. Nothing in the directory should be construed as policy, an endorsement, warranty or guaranty by NAHB of the listed software, IT service or the software/IT vendor. NAHB expressly disclaims any responsibility for any damages arising from the use, application or reliance on any information contained in this directory. [return to top]

For more information or to contact us directly, please visit www.NAHB.org l ©2008, National Association of Home Builders

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