The Digitally Savvy College Student · 2016. 12. 29. · The Digitally Savvy College Student Market...

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The Digitally Savvy College Student Market Research to Help Operators Spend Advertising Dollars Wisely

Alexandra S. Jackiw, CPM®, CAPS – Managing Director, McKinley

Hannah Crosby – Sales Executive, Apartment Guide

Kim Cory – Director of Student Media, For Rent Media Solutions

How Well Do You Know Gen Y?

Millenials watch TV with two or more electronic devices.

Millenials trust strangers over friends and family.

They lean on user-generated experiences before buying.

SOURCE: What’s the Future of Business? – Brian Solis

How Well Do You Know Gen Y?

They are three times as likely to follow a brand over a family

member in social networks.

66% will look up a store if they see a friend check-in.

Gen Y’ers believe that other consumers care more about their

opinions than companies do – that’s why they share on line.

SOURCE: What’s the Future of Business? – Brian Solis

How Well Do You Know Gen Y?

Gen Y’ers are more connected on Facebook than average users.

Gen Y’ers manage a social graph of 696 Facebook friends versus the

140 maintained by everyday people.

29% find love through Facebook, while 33% are dumped via TXT or

Wall posts (SRS).

SOURCE: What’s the Future of Business? – Brian Solis

Top 10 “Most Loved” Brands

1. Google

2. YouTube

3. Amazon.com

4. Nintendo

5. Oreo

6. Microsoft

7. Reese’s

8. iPod

9. Crayola

10. Google Chrome

What About the College Gen Y’er?

1. Recent Survey Results of College

Students

2. Analysis of College Student Traffic on

Mobile Apps

3. Quantifying Student Housing Reviews

More Than

Review 4 or more sites when

making a decision on where to live

Which online sources do students review

when searching for off-campus housing?

Expect: • Photos (Interiors both models and vacant)

• Amenities List

• Timely response to contact

Want: • Floor plans

• Ratings and Reviews by current and former residents

• Price

Love: • Videos

• Interactive room planners

• Roommate matching

Your community website has many uses and students

have expectations of what they should contain

What other features do students want to find

when interested in an off-campus community?

Source:

thinkeducation

Google 2012

2 out of 3 Students Say Video Provides a

Better Understanding of the University

Millenials - an Always ON Screen Generation

Multitasking with

Multiple Screens

in Hand

What’s most important to you when

considering renewing your lease?

Have you ever recommended an off-

campus housing community to others?

Yes 47.1%

No 52.9%

How did you share your

recommendation with others?

Word of

mouth

#1

Social

media #2 Review

site #3

How important are recommendations by

friends or family in helping you find a place

to live off-campus?

Did you utilize any of the following

university resources to assist your off-

campus housing search?

Did not use

university

resources

#1

Off-campus

housing

website

#2 Off-Campus

Housing

Office

#3 Professors

#4 Other

#5

When you found a few communities that you wanted

to learn more about, how did you contact them?

Phone

#1 Email

#2

Online form

#3

Doesn’t

apply

#4 Other

#5

What social media applications do you

prefer to use when connecting with your

current off-campus apartment community?

Facebook

#1 I don’t

connect

with my

community

via social

media

Google+

#2 Twitter

#3 Instagram

#3 YouTube

#5

Why do you use social media to

connect with your community?

Receive

community

alerts /

updates

#1

Campus

news

#3 Photos

#4

Giveaways /

Contests

#5

Interact

with peers

#2

Student Peak Leasing Season (New York, Indiana, Michigan)

Kalamazoo, MI

East Lansing, MI

Bloomington, IN

Lafayette, IN

Buffalo, NY

Student Peak Leasing Season (The Carolinas & Kentucky)

Lexington, KY

Greenville, NC

Durham, NC

Columbia, SC

Student Peak Leasing Season (Louisiana, Georgia, Alabama)

Baton Rouge, LA

Statesboro, GA

Athens, GA

Birmingham, AL

Auburn, AL

Student Peak Leasing Season (Florida)

Orlando, FL

Tampa, FL

Tallahassee, FL

Gainesville, FL

Student Peak Leasing Season (Oklahoma, Kansas, Tennessee)

Stillwater, OK

Oklahoma City, OK

Nashville, TN

Lawrence, KS

Student Peak Leasing Season (Texas)

Waco, TX

Huntsville, TX

Dallas, TX

College Station, TX

Austin, TX

Student Peak Leasing Season (California)

San Diego, CA

Fresno, CA

Mobile Leads % - Student (Indiana, Michigan, New York)

0%

5%

10%

15%

20%

25%

30%

35%

40%

% Mobile Leads

Kalamazoo, Mi

East Lansing, MI

Bloomington, IN

Lafayette, IN

Buffalo, NY

Mobile Leads % - Student (The Carolinas & Kentucky)

0%

5%

10%

15%

20%

25%

30%

35%

% Mobile Leads

Lexington, KY

Greenville, NC

Durham, NC

Columbia, SC

Mobile Leads % - Student (Louisiana, Georgia, Alabama)

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

% Mobile Leads

Baton Rouge, LA

Statesboro, GA

Athens, GA

Birmingham, AL

Auburn, AL

Mobile Leads % - Student (Florida)

0%

5%

10%

15%

20%

25%

30%

% Mobile Leads

Orlando, FL

Tampa, FL

Talahassee, FL

Gainesville, FL

Mobile Leads % - Student (Oklahoma, Kansas, Tennessee)

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

% Mobile Leads

Waco, TX

Huntsville, TX

Dallas, TX

College Station, TX

Austin, TX

Mobile Leads % - Student (California)

0%

5%

10%

15%

20%

25%

30%

35%

40%

% Mobile Leads

San Diego, CA

Fresno, CA

% M

ob

ile

Le

ad

s

0

5

10

15

20

25

30

35

40

45

50

Student Communities Mobile Leads

Top 5 Items Mentioned in Student Reviews

Bad Office Team

Good Office Team

Bad Maintenance

Good Maintenance

Apartment Quality

27%

9%

12%

31%

21%

Some Examples of Negative Student Reviews…

• “It takes them forever to fix anything. Tile has been

broken since I moved in and has not been fixed. The AC

is horrible, I’ve reported it and nothings been done.”

• “Bug Care doesn’t seem to be kept up with well. Have

had very many maintenance issues and outrageous

utility bills from lack of quality appliances.”

• “Parking is horrible. Every unit should have an assigned

parking space that has the number written on the

pavement or a stone within that space.”

Some Examples of Positive Student Reviews…

• “The Staff is great! They are very helpful and put on nice events.

There are a few things they could improve on though, the

landscaping could use more vivid colors, the laundry rooms need

sprucing up and the gym could use updating, I’d like more free

weights.”

• “I have lived here for the past year and it has been the best place I

have ever Lived by far. From the friendly Staff to the fun resident

events and the constant improvements to the community, I can’t see

myself living anywhere else.”

• “I really enjoy the apartment I live in and the people who work in the

office, maintenance is dealt with quickly and the community well

maintained. Great value for the money!”

Top 15 Most Mentioned Topics in Student Community Reviews

The average rating for all 44 Student Communities was a 3.4

A. Jackiw – alexjackiw@gmail.com

H. Crosby – hcrosby@apartmentguide.com

Kim Cory -- kim.cory@forrent.com

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