Media buying is a crucial component of any successful advertising campaign in the real estate industry. In this case study, we will examine how a real estate company was able to increase their ROI and ROAS through targeted media buying strategies.
The client was a real estate company with a diverse portfolio of properties, including commercial and residential real estate. They were looking to increase their sales and brand awareness through effective media buying strategies.
Goals
The primary goal of the real estate company was to increase their sales and ROI through targeted media buying. They wanted to reach their target audience through various channels and drive more traffic to their website to increase sales. Additionally, they wanted to achieve a positive ROAS (Return on Ad Spend) with their media buying campaigns.
Approach
To achieve the client’s goals, we developed a media buying strategy that included the following steps:
Identifying the Target Audience: We identified the target audience of the real estate company by analyzing their demographics, interests, and behavior. We used this information to develop a media plan that targeted the audience through relevant channels.
Choosing the Right Channels: We chose the right channels for the real estate company to reach its target audience. We identified channels such as social media, online publications, and search engines that could help the company reach its target audience.
Creating Relevant Advertisements: We created relevant and engaging advertisements that would resonate with the target audience. We used different ad formats such as image ads, video ads, and carousel ads to showcase the real estate company’s properties.
Continuous Optimization: We continuously optimized the media buying strategy to improve its performance. We monitored the performance of the campaigns and made necessary changes to improve the ROAS.
Results
The media buying strategy implemented by our team helped the real estate company achieve its goals of increasing sales, ROI, and achieving a positive ROAS. The company saw a significant increase in website traffic, which resulted in an increase in sales.
The real estate company’s social media following also grew significantly, with an increase in engagement and followers on platforms like Instagram, Facebook, and Twitter. The company’s advertisements were seen by a larger audience, resulting in more awareness and interest in the company’s properties.
Our team achieved a positive ROAS of 4.7x for the real estate company’s media buying campaigns. This means that for every dollar spent on advertising, the real estate company received $4.7 in return. This achievement was a significant milestone for the company and demonstrated the effectiveness of our media buying strategy.
Conclusion
The media buying strategy implemented by our team helped the real estate company achieve its goals of increasing sales, ROI, and achieving a positive ROAS. The use of relevant channels, creative advertisements, and continuous optimization resulted in a successful media buying campaign for the real estate company.
Detailed Analysis
Identifying the Target Audience:
Our team conducted market research to identify the real estate company’s target audience. We found that the target audience was predominantly adults aged 25-55 who were interested in buying or renting properties. We used this information to develop a media plan that targeted the audience through relevant channels.
Choosing the Right Channels:
We identified the channels that would reach the target audience effectively. We used social media platforms such as Instagram, Facebook, and SEM to target the audience with engaging content and advertisements. We also used online publications that targeted adults interested in real estate. Additionally, we used search engines such as Google to target users searching for properties in the real estate company’s portfolio.
Creating Relevant Advertisements:
Our team created a variety of ad formats such as image ads, video ads, and carousel ads to showcase the real estate company’s properties. We used high-quality visuals and informative copy to showcase the properties and attract potential buyers and renters.