Article from The WAV Group Report ()
September 25, 2008
Broker Website Effectiveness Study Available for Download
What are consumers really doing on broker websites
by Victor Lund

Executive Summary
With few exceptions, all consumers will use the Internet in some way to influence them in the purchase or sale of their home, their car, their cell phone, their computer, and sometimes even their spouse. Every consumer facing business today must offer information over the Internet about his or her products and services. Real Estate knows this.
 
Through our investigation of 1.5 million people using broker websites, we can offer these suggestions that will help brokers understand how their website impacts their business.
 
Very few new customers come from the Internet. New customers come from all of the places they traditionally have come from Ð your brand Ð referrals, yard signs, business cards, and advertising.   Fifteen years ago the telephone was the primary source of contact between a consumer and a broker.  Today, the Internet is replacing the telephone as the first point of contact.  Web traffic on broker sites confirms this: 69% of visitors to broker websites type the website address into the browser.  More astoundingly, if visitors do not remember your website address, they are likely to go to a search engine and type in key words that include you or one of your agentÕs names.  Although technically this would be included in search engine traffic, because they are looking for your company, you should be mindful that they are also visiting your site as a result of your brand.  Of the 20% of your website traffic that comes from Search Engines, 78% of them are searching for you.  Hence you can add an additional 16% to the number of visitors who type in the URL of your website to conclude that 85% of all traffic to your website already know you.
 
The combined efforts of website marketing, which include Search Engine Optimization, Pay-Per-Click, Online Advertising and Listing Syndication are all focused on 15% of your online exposure.
 
 
For the entire study, please visit our website, WAVgroup.com and navigate to the reports tab in the top menu.
Or, click here to download the complete study now.
Or paste this link into your web browser
http://wavgroup.com/Home/Reports/Reports/WebsiteEffectivenessStudy

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