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Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

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Page 1: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts
Page 2: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Online Reputation Management:Lead Students to Your Doorstep

Sponsored by

Page 3: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Scott ManningRegional Manager

CA Ventures

Jennifer WorshamVice President of

OperationsEdR Management, Inc.

Meet the Experts

Joseph BatdorfPresident

J Turner ResearchModerator

Page 4: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

SURVEY OF OFF CAMPUS RESIDENTS

21,028 Responses

18,784 (89%) Students

2,244 (11%) Parents

Conducted in January 2018

Page 5: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

PARENT RESPONSESDid you visit any apartment your student was considering prior to leasing?

No37%

Yes63%

How involved were you in the apartment selection process for your student?

8.14

4.996.97

Page 6: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

PARENT RESPONSESThere are many factors that go into making a decision to lease at a property. Out of a total of 100, approximately what percent of that decision was based on online reviews?

42%

Page 7: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

STUDENT RESPONSES

DEMOGRAPHICS

Female

66%

Male34%

7%

27%

29%

22%

12%

4%

0% 10% 20% 30% 40%

Freshman

Sophomore

Junior

Senior

Graduate Student

Post Graduate

Page 8: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

SOCIAL MEDIA CHANNELSWhat social media channels do you use the most?

70%

69%

56%

37%

12%

7%

3%

2%

0% 20% 40% 60% 80%

Instagram

Snapchat

Facebook

Twitter

Pinterest

Reddit

WeChat

Other

Page 9: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

APARTMENT SEARCH

17%9%

12%7%

9%7%

5%3%

4%11%

9%6%

0% 5% 10% 15% 20%

JanuaryFebruary

MarchAprilMayJuneJuly

AugustSeptember

OctoberNovemberDecember

In what month do you generally start looking for an apartment?

Page 10: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

APARTMENT SEARCHWhat is your primary source of information when looking for off-campus housing?

65%

51%

39%

12%

7%

1%

0% 10% 20% 30% 40% 50% 60% 70%

Online search

Referral from a friend

Awareness of the area

Social Media

University referral

Other

Page 11: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

FACEBOOKDo you visit a property’s Facebook page before leasing at the property?

Yes 41%

Yes 33%

Yes 38%

No 59%

No 67%

No 62%

0% 20% 40% 60% 80% 100%

Female

Male

Overall

Page 12: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

FACEBOOKWhich aspects of the FB page did you pay the most attention? (pick 2)

88%

80%

12%

11%

9%

0% 20% 40% 60% 80% 100%

Reviews

Pictures of the community

Gauge the quality of residents

Resident Interaction

Community Events

Page 13: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

PARENT INVOLVEMENTDid your parents visit any apartment you were considering prior to leasing?

Yes37%

No63%

How involved were your parents in the leasing process?

3.49

7.454.96

Parents 6.97

Page 14: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWSAt what point did you utilize online ratings and reviews to gather information?

52% As I was beginning my search

Once I narrowed my search to 4-5 communities

Once I narrowed my search to 2-3 communities

Once I selected the property I was most interested in

14%

22%

11%Do you utilize online reviews in your apartment search?

No14%

Yes86%

Page 15: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWSIn your opinion, what is the general sentiment of reviews given by students?

Mostly Positive

42%

Mostly Negative

23%

Mostly Neutral

35%

Page 16: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWSHow much do you trust online reviews?

6.67/10

How much did the online reviews affect your decision to visit a property?

6.26/10

Page 17: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Polling Question #1There are many factors that go into making a decision to lease at a property. Out of a total of 100, approximately what percent of that decision was based on online reviews? What was the average by students?

30-40% 40-50% 50-60%Over 60%

Page 18: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWSThere are many factors that go into making a decision to lease at a property. Out of a total of 100, approximately what percent of that decision was based on online reviews?

47% PARENTS42%

Page 19: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWSHow likely are you to rent at an apartment community that is strongly recommended by a friend but has negative online reviews?

5.96How likely are you to rent at an apartment community that has positive online reviews but is not recommended by a friend?

5.86

Page 20: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWSWhat are the four most influential aspects when looking at different reviews for a property?

63%

60%

57%

56%

51%

43%

36%

34%

0% 10% 20% 30% 40% 50% 60% 70%

The relevancy of the review to your likes/dislikes

The Star rating

The recentness of the reviews

Number of reviews

The sentiment of the reviews

A manager/company response to reviews

The frequency of reviews

The date of last review

Page 21: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWSPlease (stack) rank the following in order of importance to you when looking at these reviews for the property?

The content of reviews (4) 2.18

Star Ratings (1) 2.36

Volume of reviews (2) 3.26

Date of reviews (3) 3.27

Manager/Company Response (5) 3.87

Page 22: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

RATINGS AND REVIEWS

Yes No

Have you ever posted a review for an apartment online? 28% 72%

Has your apartment community asked you to post a review online? 32% 68%

Do you look at the Manager’s response to a review? 68% 32%

Page 23: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

MANAGER RESPONSE What are the top two things that you look for in a

response?69%

44%

34%

29%

13%

11%

1%

0% 10% 20% 30% 40% 50% 60% 70% 80%

Commitment to resolve the issue

Authentic/Customized response

The right attitude

Timely Response

An apology

Establish a line of communication

Other

Page 24: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

MANAGER RESPONSE

In your opinion, How important is it that a manager responds to a review? 6.55

Has your apartment community asked you to post a review online? 6.44

Page 25: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

MANAGER RESPONSELooking strictly at the response from the manager for the reviews, which one do you like better?

Response 1 66%

Response 2 16%

They are the same 17%

Page 26: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

KEY TAKEAWAYS At least one third parents are visiting an

apartment prior to leasing. Two-third students are reading manager

responses and looking for a commitment to resolve the issue and an authentic response. Students are looking for pictures and reviews on

a property’s Facebook page.

Page 27: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Jennifer WorshamVice President of Operations, EdR

Page 28: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts
Page 29: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Put Yourself In Their Shoes

Page 30: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts
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Session/Speaker Survey

How are we doing?

Page 37: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Scott ManningRegional Manager, CA Ventures

Page 38: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Best Practices – Handling Negative Reviews

Monitor all platforms and respond quickly. Dedicate someone to be the responder. Keep responses brief, genuine, and respectful. Bring the conversation offline by having them contact

the leasing office. If you know who the review came from call them. Hear them out. Often by doing so they might remove

the review after being heard. Do not start an online war/battle with the reviewer.

Page 39: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Best Practices – Getting The Right Reviews

Encourage customers to leave feedback early on! From touring to move-in, it’s never too early. It’s ok to ask for reviews. Person-to-person

request are best and are often the most effective. Do not offer incentives to customers in exchange

for reviews. Thank customers that give positive reviews. Highlight positive keywords in your response.

Page 40: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Pick Your Battles This resident went on a rant about a building

that was delayed in opening, and about the length of the move in line.

We had a dedicated person on move in whowas just responding to social media post.

We were able to gather 9 reviews that were 5stars from June – Sept during the delayedmove in compared to only 2 reviews of 1 star.

Page 41: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Maximizing Your Post Keep residents engaged.

Its easier to get positive reviews from people who are staying active on your page.

#FREEZETAG#BigMoney#TourTicklerTuesday

Page 42: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Discussion Points 38% of prospects visited the properties

Facebook pages prior to signing a lease. We focus a lot of our social media efforts here for

this reason.Prospect visit the properties pictures and reviews.

67% of residents state they have NOT be asked by the apartment community to post a review.Low hanging fruit for most properties. AskUse 3rd party companies to help solicit reviews.

Page 43: Online Reputation Management: Lead Students to … · Scott Manning. Regional Manager. CA Ventures. Jennifer Worsham. Vice President of Operations. EdR Management, Inc. Meet the Experts

Scott Manningsmanning@ca-

studentliving.com

Jennifer [email protected]

Contact Information

Joseph Batdorfjbatdorf@jturnerresearch.

com