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A Taste of the Future of Marketing (No Crystal Ball Needed)

By
Real Estate Broker/Owner with Austin Texas Homes, LLC 453249

I’ve been somewhat heavily involved in social media marketing for several years, and involved in internet marketing for our company since 1997. I began my own online consulting business in 2009.  As such, I’ve seen a lot of changes take place over time.

Here are a few potential surprises, depending on how long you’ve been active online:

When I first started optimizing our website for the search engines, Yahoo was absolutely dominant, with something on the order of 65% market share.  If you weren’t being found on Yahoo, you weren’t getting a whole lot of traffic. 

Was Google in second place?  Nope – it didn’t even exist.  Other search engines that were important back then included Excite, Lycos, and Altavista.  Have you heard much about those lately?  Me, neither.

When I began blogging for business in 2007, MySpace was the dominant social network platform. Facebook existed, but it was sort of a non-factor for marketing.  Twitter also existed, but it hadn’t gained much traction.  Now, MySpace seems like a giant abandoned playground.

Statistically, people are spending less and less time watching television, or reading traditional (meaning not online) newspapers.  Those who do watch TV shows watch a good-sized percentage on sites like Hulu.com and Fancast.

I haven’t looked anything up in an actual Yellow Pages in many years, and I would wager that you haven’t either.

Despite Facebook’s recent privacy concerns, they have edged out Google as the most-visited site online for the past couple of months.  Let that really sink in for a second.

Can you guess what the second-place search tool online for raw traffic is today after Google?  It’s YouTube.

So, what does all of this mean for the future of your own marketing efforts?

  • First, don’t focus on the tools and platforms themselves.  Instead, focus on having a strategy for engaging people on your own turf and terms somehow.   (i.e. Don’t depend on Facebook to always be there for you.  It may be a distant memory in 10 years.)
  • If you don't have a social media strategy, the time is absolutely NOW (or more accurately, yesterday) to figure this out.

In the next several years, if your business doesn’t have a social component that allows your clients to share their experiences about you along with some type of strategy on your part to “listen” to their needs/concerns/praise, two things will happen:

1. They will be talking about you anyway.

2. You won’t hear them.

The bottom line here is that I wouldn’t waste any time or effort on “snail mail”, TV, radio, or print advertising UNLESS you are planning to tie it into your website/blog/online presence somehow.  After all, as marketing becomes one big conversation, you don’t want to be the shy wallflower in the corner.

Photo credit: http://www.flickr.com/photos/webtreatsetc/4305344218/in/set-72157623226308089/

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If you're looking for a home in the Austin area, you can also visit my primary website at www.austintexashomes.com.  Thanks!

Comments(133)

Terry Chenier
Homelife Glenayre Realty - Mission, BC

Jason,

I'm not completely on board yet; I can't keep up with it. Everything changes on a daily basis.

May 23, 2010 05:02 AM
Eric Michael
Remerica Integrity, Realtors®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

I agree. Who knows where the internet will take us tomorrow, let alone in a couple of years. The tools it's brought us so far are awesome. I look forward to the future.

May 23, 2010 06:58 AM
Shannon Lewis
Beringer Realty - Champaign, IL
Realtor, Broker - Champaign-Urbana, IL

These things change so quickly, it completely blows my mind. Good thing we have people like you at our easy technological reach to help us keep up :-)

May 23, 2010 12:42 PM
Ross Therrien
Prudential Verani Realty, Londonderry,New Hampshire - Londonderry, NH
Realtor, Broker Associate

Facebook threw me into the social media atmosphere.  Having a wild ride.  AR has been a huge motivater.

May 23, 2010 03:10 PM
Kim Darling
Keller Williams Westland Realty BRE# 01864461 - Fresno, CA
CRS,GRI, "Your Home Team" Fresno/Clovis Homes

Thanks Jason.  Yes, the technology is constantly changing, and things come and go!!!  Sometimesit seems hard to keep up with it all.

May 23, 2010 04:59 PM
Linda Greco Rich, ABR, SRES
Exit Preferred Realty - Bel Air, MD
Harford County Specialist

Jason,

Interesting numbers. I do wonder what the next big thing is going to be. Interesting  comparison of Facebook and MySpace.

May 24, 2010 03:09 AM
David Okada
Douglas Elliman Real Estate - Manhattan, NY
Service-Beyond Your Expectations

I just attended a roundtable at the NY Times building and a great number of sessions addressed this topic ofsocial networking. Facebook ,Twitter and Google Juice seemed to be the main focus

May 24, 2010 03:19 AM
Bill Travis
Captain Bill Realty, LLC - Gilbert, AZ
Broker/Owner

Good points Jason. I watch a "little" tv, but will usually record them so I don't have to watch commercials.

May 24, 2010 04:00 AM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Normally, I wouldn't have commented with this many responses already in place but Jason, you've said so much in that small space above that I am compelled to do so.  The breakfast discussion today was exactly this and you couldn't have expressed my sentiment any better.  Excellent!

May 24, 2010 07:14 AM
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

Great post Jason!

This is an ever evolving industry. If you don't keep up with the technological advances, you might as well be out of business because surely in a few years you will be.

 

May 24, 2010 08:29 AM
John Cannata
214-728-0449 http://TexasLoanGuy.com - Frisco, TX
Texas Home Mortgage - Purchase or Refinance

Jason - I was not that into Yahoo... but I remember the YAAAHOOOOOO commercials back in the day. Now its all about google. Its funny but I dont remember making the choice to 'google' instead of 'yahoo'.

May 24, 2010 04:42 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Jason things change so rapidly but it is oh so important to to be online using various media to connect with potential clients.

May 25, 2010 03:44 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Jason things change so rapidly but it is oh so important to to be online using various media to connect with potential clients.

May 25, 2010 03:44 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

This is good advice.

May 27, 2010 04:37 PM
Wendy Cutrufelli
Alain Pinel Realtors - Walnut Creek, CA
Contra Costa Realtor

You definitely got my attention with the statement "Yahoo was dominant.....and Google didn't exist."  Nor did Facebook or YouTube.  Amazing how fast change occurs. 

May 30, 2010 04:25 AM
Kim Weis & Kelly Zarda
Platinum Realty, LLC - Overland Park, KS

Hi Jason,

Great post as always, I love reading your stuff.  It's so easy to read!

Jun 02, 2010 08:23 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor
So where are you hiding out these days....no recent posts...
Jun 04, 2010 02:15 AM
Ross Quintana
Real E Smarter - Spokane, WA
Real E Smarter Real Estate Coach - 509-362-1966

Yeah Jason, like myspace, things can be huge today and gone tomorrow. People want their relationships current and mobile.

Jun 07, 2010 04:22 AM
David O'Doherty
Clayton, NC
Clayton NC Homes, Raleigh, NC

Great Post Jason, While I consider my self a novice at this I am surprised at the number of folks who haven't even started.

 

Jun 07, 2010 11:10 PM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I love posts like this.  There are so many opinions and differences in our individual markets that one thing doesn't fit all situations.  I barely do listing marketing in print, but I do print to advertise my newly and continually updated local website.  I hope to gain some email addresses and implement the online newsletter, but I am way to early for that. Great post!

Jun 08, 2010 07:17 AM