NSW housing pushes ahead while other markets remain soft

Housing dollar thumb NSW housing pushes ahead while other markets remain soft

 

The preliminary capital city dwelling value index result for December was -0.2% (s.a.) following an upwardly revised +0.4% rise in dwelling values in November (was +0.1%). Revised regional house values for November increased from +0.3% to +0.5%. Sydney housing has been the nation’s best performer with dwelling values up 0.4% in December and by 0.7% over the quarter (s.a.).

In the generally seasonally weak month of December, the preliminary RP Data-Rismark Home Value Index result for capital city dwelling values was -0.2 per cent (s.a.). Low sales volumes in December mean that this number will likely see a more significant revision than normal.

The November result from the RP Data-Rismark index for dwellings in capital cities has revised up from +0.1 per cent (s.a.) to +0.4 per cent (s.a.) based on additional sales information. This marks the largest month-on-month improvement in Australian home values since May 2010.

The RP Data-Rismark ‘rest-of-state’ index, which covers Australia’s regional markets, has also revised up in November from +0.3 per cent to +0.5 per cent (s.a.). This is the most significant increase in regional house values since November 2010.

Over the December quarter, Australia’s capital city home values declined by -0.5 per cent (s.a.).

RP Data’s director of research Tim Lawless, said, “The December quarter was the year’s smallest quarterly decline. According to our index, capital city home values fell by -1.5 per cent (s.a.) in the March quarter, and by a further -0.8 per cent (s.a.) in each of the June and September quarters. This rate of decline had decelerated to -0.5% by the final quarter of 2011.”

In 2011, Australian capital city dwelling values experienced a capital loss of about three and a half per cent. Regional house values fared a little better, correcting by around three per cent. This compared to the 14-15 per cent decline in Australian shares. Adding in rents, the gross total return to Australian property investors was slightly less than one per cent over 2011.

Rismark’s managing director Ben Skilbeck said, “The month of December is characterised by a significant lull in activity and the preliminary index results have likely been influenced by some more volatile Melbourne and Perth estimates. We expect to get better clarity on the monthly movements as more information is reported.”

“Sydney currently has the largest volume of reported sales in December. In seasonally-adjusted terms, Sydney dwelling values rose by 0.4 per cent in the month of December. In the December quarter, Sydney dwelling values are up a total of 0.7 per cent (s.a.)” Mr Skilbeck said.

RP Data’s Tim Lawless observed that rental markets continued to strengthen in December.

“Weekly rents across the capital cities were up 1.0 per cent over the December quarter and are now 6.3 per cent higher than at the same time last year.”

“These higher rental rates combined with the slide in property values have improved investors’ yields. The average capital city dwelling is now offering a gross rental return of 4.6 per cent after a consistent trend upwards since mid-2010 when the typical capital city dwelling was yielding just 4.1 per cent. Darwin and Canberra are the highest yielding locations for property investors while Hobart, Brisbane, and Sydney provide gross yields that are better than average,” Mr Lawless said.

On the outlook for the year ahead, Rismark’s Ben Skilbeck commented, “We expect that the RBA’s interest rate cuts in the final two months of 2011 will lend further momentum to housing activity as transaction volumes pick up over February and March after the seasonally slow months of December and January. If financial market pricing for substantial additional RBA rate cuts proves accurate, we could see a stronger-than-expected bounce-back in housing conditions.”

“Housing affordability in Australia has experienced a striking improvement in recent times. While disposable household incomes on a per household basis rose by five per cent over the year to September 2011, Australian dwelling values have declined by 3.4 per cent since September 2010. As a result of the RBA’s rate cuts borrowers can now get fixed- and variable-rate home loans as low as 5.9 per cent and 6.14 per cent. Rismark’s research shows that disposable incomes per household have risen about 15 per cent further than Australian dwelling values since the end of 2003. This helps account for the decline in Rismark’s national dwelling price-to-income ratio, which is as low as its been since 2003” Mr Skilbeck said.

RP Data’s Tim Lawless added, “While global uncertainty and a stagnant local labour market could weigh on the consumer’s mindset, we are nevertheless observing improvements in monthly housing finance commitments. RP Data’s leading indicators on average selling times and vendor discounts are also starting to look healthier. There is no doubt that additional interest rate relief in 2012 would afford a very welcome cushion to the housing market.”

tt twitter micro3 NSW housing pushes ahead while other markets remain soft

B2B Marketers Struggle With Compelling Content

B2B Marketers Struggle With Compelling Content

 

marketingprofs biggest content marketing challenges dec11.thumbnail B2B Marketers Struggle With Compelling Content

41% of B2B marketers say that producing the kind of content that engages prospects and customers is their biggest content marketing challenge, representing a 14% increase from 36% of respondents in 2010, according to [download page] a December 2011 study by MarketingProfs and the Content Marketing Institute. Data from “B2B Content Marketing: 2012 Benchmarks, Budgets & Trends” indicates that respondents are also grappling with two challenges that go hand in hand: producing enough content (20%), and having the budget to produce enough content (18%). A lack of buy-in from higher-ups in the company (12%), producing a variety of content (7%), and having the budget to license content (1%) are primary challenges to relatively fewer B2B marketers.

Budgets Are a Challenge, But Spending to Increase

Although 1 in 5 B2B marketers cite having sufficient content marketing budgets as their primary challenge, data from the study indicates that content marketing spending is on the rise. Although roughly 26% of marketers’ total budgets are allocated to content marketing efforts this year, the same as in 2010, this year 60% of respondents indicate they will increase spending on content marketing in 2012, compared to just 3% that say they will decrease their spending levels.

The average amount of budget spent on content marketing appears to vary significantly by company size, with a negative correlation between size and budget share. For example, companies with fewer than 10 employees spend 34% of their budgets on content marketing, whereas companies with more than 1000 employees allocate 20% of their budgets.

Meanwhile, outsourcing also appears to be on the rise: whereas in 2010 only 55% of marketers used outsourcing in some capacity, this year that proportion has risen to 62%. When seeking out the right vendors to support content marketing, marketers use a variety of resources, with the biggest increase from last year seen in the use of consultants (32% vs. 27%) and the biggest decrease found in the use of trade shows as a venue to find support (20% vs. 26%).

Brand Awareness, Customer Acquisition Lead All Goals

Brand awareness and customer acquisition are content marketers’ top goals, cited by 68% of survey respondents. Lead generation (66%) and customer retention/loyalty (61%) follow closely, with website traffic (56%), engagement (55%), and thought leadership (55%) also goals for a majority of marketers. Almost half cite sales as a goal, while just 39% report using content marketing for lead management/nurturing.

Content marketing goals appear to be fairly unrelated to overall digital marketing goals: according to a November report from Webmarketing 123, lead generation (46.4%) is by far the most important objective of digital programs for B2B marketers, outstripping sales generation (22.2%), brand awareness development (15.3%), and site traffic generation (11.1%).

Web Traffic Top Success Indicator

Although web traffic is not a top goal among content marketers, it is the leading indicator of success, cited by 58% of respondents. Sales lead quality (49%) follows, while direct sales, sales lead quantity, qualitative feedback from customers, and SEO ranking are measurement criteria to roughly 4 in 10. The least popular indicator of success is inbound links, cited by 30% of marketers.

According to the November Webmarketing123 study, the vast majority (73.9%) of B2B digital marketers use web traffic as a measurement of campaign success, ahead of lead generation (69.2%) website click-through rate (64.7%), and sales (62.5%).

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Mobile Marketers Most Interested in Apps, Barcodes

Mobile Marketers Most Interested in Apps, Barcodes

att mobile marketing strategy interest dec11.thumbnail Mobile Marketers Most Interested in Apps, BarcodesMobile apps (43%) and mobile barcodes (41%) rank highest as mobile marketing strategies companies would be interested in deploying in the next 12 months, according to [pdf] a December 2011 survey from AT&T. Data from the survey indicates that banner ads (40%) follow closely as a potential strategy, with mobile web (35%) and SMS messages (34%) not far behind and digital signage (17%) appearing the least desired.

According to a November 2011 study from the e-tailing group, sponsored by Bronto, SMS marketing tactics are far less likely to be used by marketers than other mobile capabilities such as mobile commerce sites and mobile applications. Just 14% of marketers currently collect SMS opt-in from customers in all channels, while only 7% text to send out marketing messages, and 6% text to send out transactional support messages such as confirmations and order status. Between one-quarter and one-third of respondents plan to employ these capabilities in the next 12 months.

By contrast, 29% of respondents said they currently use a mobile commerce site, with a further 42% planning to employ one in the next year. 19% reported currently employing a mobile application, with 27% more planning use in the next year.

Mobile Programs To Increase

88% of respondents to the AT&T survey expect their mobile marketing program to increase in the next 12 months, while 52% reporting use of mobile marketing as part of their overall marketing strategy. Of those who do not currently have a mobile marketing strategy, more than half plan to implement one in 2012. Meanwhile, of those who do use a strategy, 51% say they are still trialing mobile marketing, while 46% say it is an integral aspect of select marketing initiatives.

Consumer Demand Will Determine Barcode Adoption

87% of marketers say that consumer demand is an important or very important criterion for them to increase their use of mobile barcodes, followed closely by the proportion who cite cost structure (84%) and security (83%). Perhaps marketers should look to mothers first for demand: according to a November 2011 joint study between BabyCenter and comScore, just 4% of mothers say they would not use a QR code, compared to 19% of the general population.

Overall, two-thirds of marketers responding to the AT&T survey agree that mobile barcodes will drive innovation in mobile marketing in the next year. 44% of respondents believe barcodes can help brands engage with customers, while one-third believe they can increase awareness of products and services.

tt twitter micro3 Mobile Marketers Most Interested in Apps, Barcodes

What Encourages Facebook Engagement?

Facebook thumb What Encourages Facebook Engagement?Brands that include photos and calls to action see higher engagement rates with those posts

Companies on Facebook and other social sites are always trying to determine what to post to get fans engaged. While each brand is different, and its fans will respond to different things, there are some common threads that companies can keep in mind when planning social media posts and status updates.

Digital marketing agency Web Liquid analyzed 16 brands and more than 1,500 brand posts from March to May 2011 to see which Facebook posts saw the most engagement, such as comments and “likes.” Web Liquid found that Facebook posts with photos saw a 0.37% engagement rate, higher than posts with videos (0.31%), text only (0.27%) or links (0.15%).

133951 What Encourages Facebook Engagement?

Momentus Media, which provides marketing software for use within Facebook, came up with similar findings, even when analyzing the top 20,000 Facebook pages and between 10,000 and 250,000 posts overall. Facebook posts with photos saw a 0.21% engagement rate, while videos saw 0.11% engagement rate and links saw 0.07% engagement.

Within the text of a post, companies can encourage action by asking fans to “like” or comment on the post. Momentus Media found that Facebook status updates that contained the word “like” saw a 0.38% engagement rate and those that said “comment” saw a 0.14% engagement rate. Text updates without “like” or “comment” saw 0.11% engagement.

132605 What Encourages Facebook Engagement?

While these statistics are interesting, brands should determine which tactics work best for their Facebook page and their fans. Additionally, the upcoming changes to Facebook’s Timeline feature and brand pages will change the way consumers interact on the social network.

Facebook’s new Timeline relies heavily on photos, so it seems that posts with photos and videos will continue to perform well for brands. And as Facebook introduces more verbs beyond “like,” companies could develop interesting ways to increase engagement on their pages. By testing different types of posts and continuing to learn what spurs a reaction, marketers can keep up with what content fans prefer on their brand Facebook pages and keep engagement up.

tt twitter micro3 What Encourages Facebook Engagement?

6 in 10 Twitter Followers are Existing Customers

twitter logo thumb 6 in 10 Twitter Followers are Existing Customers6 in 10 Twitter Followers are Existing Customers

 

chadwick martin bailey top 5 reasons to follow brand twitter oct11.thumbnail 6 in 10 Twitter Followers are Existing CustomersMore than six in 10 (64%) people who follow a brand on Twitter are existing customers of the company, according to [pdf] a study released in October 2011 by Chadwick Martin Bailey. Results from “10 Quick Facts You Should Know About Consumer Behavior on Twitter” indicate about six in 10 (61%) also want to be the first to know information about the brand.

No other reason for following a brand on Twitter is shared by more than half of followers. However, almost half (48%) follow to receive discounts and promotions. Another 36% want to gain access to exclusive content and 28% want to receive content and information to share and retweet with others.

6 in 10 Followers More Likely to Recommend

 6 in 10 Twitter Followers are Existing CustomersSix in 10 Twitter brand followers are either more likely to recommend many (18%) or a few (42%) brands as a result of following them. Another three in 10 (31%) are not more likely to recommend a brand they follow on Twitter and about one in 10 (9%) don’t know.

Twitter brand followers 35-49 are much more likely to recommend many brands they follow than those younger than 35. In the 35-49 segment, 33% are likely to recommend many brands and 14% are likely to recommend a few. Although a much higher percentage of followers younger than 35 are likely to recommend a brand overall (61% compared to 47%), only 14% are likely to recommend many brands and 47% are likely to recommend a few brands.

Interestingly, 33% of brand followers in both age groups are not more likely to make brand recommendations. The differentiator comes in the percentage who don’t know: 20% for those 35-49 compared to only 7% of younger followers.

Half of Twitter Users Go Online More than Once an Hour

 6 in 10 Twitter Followers are Existing CustomersFifty percent of Twitter users go online more than once an hour, compared to 34% of Facebook users and 29% of overall online users. Facebook users are slightly more likely to go online once every couple of hours (46%) than Twitter users (40%) or overall online users (45%).

Meanwhile, 20% of overall online users go online once per day, compared to 17% of Facebook users and 7% of Twitter users. Only 5% of overall online users, and 3% of both social network users, go online two to six times per week.

Nearly Half of Twitter Users Been Tweeting Less than 1 Yr

Thirty-eight percent of Twitter users have been tweeting for six months or fewer and another 9% have been tweeting for seven to 11 months, meaning 47% have been tweeting for less than one year. Thirty-eight percent have also been tweeting for one to two years, and 15% have been tweeting for more than two years.

In addition, one-quarter of Twitter users older than 50 have been tweeting less than one month.

1/3 of Followers Interact w/More Brands This Year

Thirty-three percent of brand followers on Twitter are interacting with more brands this year, while 57% are interacting with the same number and only 11% are interacting with less. Men increased their rate of brand interaction more from the previous year (38% compared to 27% of women).

Other Findings

  • 79% of Twitter users follow fewer than 10 brands, with 36% following one or two.
  • 75% of Twitter followers have never unfollowed a brand.
  • 26% of Twitter users 18-35 follow a brand, compared to 17% of followers 35-49 and 13% of those 50 and older.
  • Half of followers say they are more likely to buy a brand after following, including 55% of men and 45% of women.

Performics: Entertainment Top Twitter Category

Entertainment is the brand category most followed/liked on both Twitter and Facebook, according to an August 2011 study from Performics and ROI Research. Data from “S-Net, The Impact of Social Media” indicates 46% of brand fans on both social networks are fans of at least one brand in the entertainment category.

While the top five brand categories are the same on both social networks, there is some variation in how the next four categories are ranked. After entertainment, Twitter users are most likely to follow brands in the restaurants, food, electronics, and apparel categories. In contrast, Facebook users are most likely to like brands in the food, restaurants, apparel, and electronics categories.

About the Data: Data was collected through a 15-minute online questionnaire of 1,491 US consumers age 18 and up fielded in January 2011.

tt twitter micro3 6 in 10 Twitter Followers are Existing Customers

New home sales drop the most in five years

new home sales thumb New home sales drop the most in five yearsNew home sales posted their biggest monthly fall in five years in June, amid weakening confidence in the economy and worries about higher interest rates.

New house sales dropped sank 17 per cent in flood-disrupted Queensland and 10 per cent in Victoria. New South Wales saw a more modest drop of 1.8 per cent for the month.

Nationwide, new home sales slumped 8.7 per cent, seasonally adjusted, in June to about 8000 deals, according to the Housing Industry Association – JELD-WEN. June’s drop was the steepest monthly decline since May 2006 and followed a 0.2 per cent slip in May.

“Evidence is mounting that weakness in the new home sector is accelerating even with interest rates on hold,” said HIA chief economist Dr Harley Dale.

The new home sales dive is the latest sign of tough times for the housing market, with auction clearance rates in Melbourne and Sydney hovering in the 50 – 60 per cent range, down on last year.

Borrowers with variable mortgage rates will also be watching closing the Reserve Bank’s monthly interest rate meeting tomorrow, with the ANZ among banks predicting a rate rise. Most commentators, though, tip the RBA will leave its cash rate on hold.

Home prices have also fallen, posting a 2 per cent fall in the year to June, according to RP Data-Rismark.

"There has been widespread anecdotal evidence for some time that new home demand hit a wall in mid-2011 and today’s new home sales figures unfortunately confirm that situation," HIA’s Dr Dale said.

Among other states, new home sales fell 6.3 per cent in Western Australia and were flat in South Australia for June, HIA said

Source: Chris Zappone www.domain.com.au

tt twitter micro3 New home sales drop the most in five years

Executives Fail to Focus on Social Media Marketing Strategy

Social media marketing has gained its place at the table. eMarketer estimates 80% of companies with at least 100 employees will use social networks for marketing this year, up from nearly three in four last year. By 2012, usage will be even greater, and, in turn, efforts are becoming more sophisticated.

Most companies now recognize a well crafted social media strategy is a vital part of the marketing mix. In fact, a study from Jive Software and Penn, Schoen & Berland found 78% of executives thought a social business strategy was somewhat or very important to the future success of their business.

Despite this realization, most executives are still only in the tentative stages of making social strategy a priority.

The survey of executives who have final say or significant input on social business strategy found that only 27% listed social business as a top strategic priority. Nearly half (47%) admitted a social plan was necessary but not a strategic priority and 19% said social business strategy was simply not necessary.

Meanwhile, executives were also not overly optimistic about their current social strategy efforts. Only 17% felt their social strategy was ahead of the curve. About four in 10 (42%) felt their social strategy was just keeping up and 33% felt they were behind.

A different study from Forbes Insights and Coremetrics showed a similar amount of enthusiasm for social strategy. Only 11% of US and UK executives surveyed at large businesses listed social media strategy as a leading priority in 2011—tied for last place with mobile marketing. Social media strategy will receive a small boost in 2012, though, with 19% of execs listing it as a leading marketing priority for the coming year.

Many companies may be using social media marketing, but those that choose not to focus on a social strategy risk falling behind the curve in integrating social media with their overall marketing goals. Recognizing the importance of strategy alone isn’t enough; companies should start implementing a plan.


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Social Media Marketing Brings New Revenues, Customers

Social media marketing has been top of mind among marketers and is becoming a worldwide phenomenon. Earlier this year, eMarketer estimated that worldwide social network ad revenues alone, not including money that companies spend developing presences on social networks or hiring staff to manage them, would reach $5.97 billion in 2011, a 71.6% increase over 2010.

Already, firms worldwide are seeing returns on their increased investment. According to a survey by office services firm Regus, 47% of businesses successfully used social networks for customer acquisition in 2011, a 7 percentage point increase over 2010. The US followed closely behind the average, at 43%.

China saw the greatest gains in customer acquisition from social networks among all countries studied, increasing from 44% in 2010 to 65% in 2011.

The survey had one other interesting finding: Social networks made the biggest impact for companies that are operating in developed markets. A significantly higher percentage of companies that used social networks for customer acquisition in developed markets, including the US, the UK, Japan and Canada, saw a revenue increase over the previous year vs. those companies that did not use social networks to acquire new business in developed markets.

Companies in developing markets like China, Mexico and South Africa experienced revenue growth whether or not they were using social networks to acquire new business, probably as a result of rapid overall economic expansion.

As companies continue to chase revenue in both developed and developing markets, competition will force marketers to increase investment in new platforms to reach customers. Social networks are proving to be a reliable source of customer acquisition and increased revenues in both, but can provide a necessary edge over competitors in developed markets.

tt twitter micro3 Social Media Marketing Brings New Revenues, Customers


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tt twitter micro3 Social Media Marketing Brings New Revenues, Customers

Mobile vs. Social: The Status of Marketing Integration

Integration has been a buzzword for social media marketers for a while now. As efforts—and budgets—in social media evolve from experimentation toward more serious campaigns, questions of how well social is fitting into the marketing mix abound, and true integration can seem distant.

According to research from marketing software solutions company Unica, marketing integration is very much a work in progress, and for more than just social media. Adopting cross-channel campaigns is a challenge, and many barriers remain to integrating online and offline data. And for social media and mobile, tactical integration with the rest of the marketing department is often a ways off.

The Q4 2010 survey of marketers in Europe and North America found that social sharing links in emails and web offers were the best-integrated social media marketing tactic, with 62% of respondents saying the sharing links were run as part of integrated campaigns. A majority of respondents were also integrating applications and widgets, social media advertising and location-based games into the rest of their efforts.

For mobile marketing tactics, the picture was similar. Again, email was best-integrated: 64% of respondents said mobile versions of email messages were part of integrated marketing campaigns. Mobile messaging, location-based targeting and mobile websites were also integrated by a majority of marketers.

Mobile applications, which marketers are often warned to avoid if they don’t have a clear connection to the rest of a company’s marketing, were most likely to be discrete from other campaigns.

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tt twitter micro3 Mobile vs. Social: The Status of Marketing Integration

Blog Commenting Software

commenting thumb Blog Commenting SoftwareThere are a number of factors that search engines use to rank a web site, and as search engines often change the algorithms used to determine rank it can sometimes be very difficult to keep up to date.

One of the factors that Google for example uses to rank web sites is back links, or the number of incoming votes from external web sites or domains to a web site. The more votes for a web site, the higher Google and other search engines will place your web site in the SERP’s .

Other factors also come into play, the age of your domain name, the older your domain name is the better as search engines will trust your site more than a newer site, how much authority or page rank your site has, how may web pages are trying to rank in the top 10 for your keyword and even how long your domain name is registered for are all factors.

The reason back links are important, is the more votes a site has usually indicates the popularity of that site and its content with other web users. Search engines love popular sites.

It is harder to generate votes for a static web site than it is for a blog based site such as WordPress, due to the fact that most blogs are updated on a daily basis whereas most static based sites often get few or no updates.

One of the techniques that you can use to generate back links for your site is by placing comments on blogs that you either read or follow on the web. This is even better, if you can find a blog that allows for a “follow” link back to your web site.

What is a follow link? Some time ago Google invented a piece of code that can be inserted into a hyperlink that tells search engines “not to follow” that link from its place on a web page.

This essentially stops most search engines from following the link, so it effectively stops the link juice, it does not however stop the traffic from following a link on your site.

Web pages that have 100 or more links on them can be penalised by search engines and in this, read Google, so if you have a web page that features a lot of advertising links, say for example on your home page, then you could be penalised for having a lot of links, this is usually one of the tell-tale signs of a spam site.

Likewise, having no code placed in the link means that a search engine will follow the link and discover in some cases new web sites. You can also use this method if you’d like to get your web site indexed quickly in the search engines, as placing a link on a web site already in Google’s index will result in your site being indexed quickly as Google will “follow” the link.

Creating votes or back links for your web site, whether you use a blog based site or a static web site is not easy, there are some web masters who believe that the process of link building is easy, that’s because they like to use paid link building services and a quick search on the web will uncover a number of these services on the web. But you need to be very careful with buying links, Google frowns on this and will penalise your web site if it catches you doing it.

One of the ways you can build back links to your web site is by commenting on other writers or companies blogs, most of these blogs still allow follow links back to your blog, and if they happen to have a very high page rank with Google, this adds considerable SEO value to your blog.

If you have a blog and want to start building links this way, one thing you do not want to do ever, is to use automated blog commenting software, I find with my blogs, I constantly get comments that are generated by these stupid software programs.

These comments often have no relationship to my article, are blatant advertising or add nothing to the discussion and it’s very obvious that they have been generated by a software program because in most cases we humans do not speak this way.

I will delete them without a second thought as they add nothing to my blog.

So when creating your comment, always make sure that you make it relevant either to the content on the blog or the story you have been reading, if you do this, the blogger will appreciate that they have a real person taking the time to comment and you’ll always get published which includes your link.

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