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September, 2010:

RENT SODA presents WATER COOLER DAY for those that WAH! (Work At Home!)

Do you WAH*!?

*Work At Home

For those of us who work from home, life can be kind of lonely…

That is why we have created…

RENT SODA WATER COOLER DAY!

Please join us for our first RENT SODA Water Cooler Day on Friday, October 15th starting at 12:00 NOON.  We’ll be hosting a potluck from noon to 1:30PM.  (We’ll have chili, coffee, tea and water.)

Miss the hustle and bustle of co-workers?  Want an office environment without the “office politics?” Stick around for ‘Semi-quiet work time’ from 1:30PM until 5:00PM. RENT SODA offices HQ has wireless internet, plenty of table space, coffee/water and a comfortable “lounging” area. Feel free to work, socialize, collaborate, and share ideas with other WAH co-workers!

RENT SODA HQ is located at:

711 Hennepin Ave S, Ste#508

Minneapolis, MN 55403

To RSVP, please email Daisy {at} RentSoda(.)com OR call Jim at 612-710-0546.

We hope you join us!

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Using Foursquare for Marketing Apartment Communities

I LOVE Foursquare, and find it not only a cool app, but a great marketing tool. If you aren’t as geeky as I am, you’re probably wondering, WHAT is Foursquare? WHY would I want to use Foursquare as a marketing tool for my apartment community? HOW would I use foursquare?

WHAT is Foursquare?

For me as an individual, I LOVE Foursquare, as it allows me to not only let all my friends know where I am, its a great way to find out what’s AROUND ME, get tips from seasoned visitors, AND get SPECIALS at some of my local favorite places! In my travels, I’ve been in unfamiliar cities without a single clue as to where to eat/shop, what to order/do. VOILE! Foursquare to the rescue! Once the application is installed on my phone, I can just open the application, Foursquare locates me, and gives me a list of some of the nearby places. If I see anything appealing, there is a section for “TIPS” where other visitors have left little nuggets for other foursquare users. I’ve tried some DELICIOUS foods that I normally would have never ordered, found great little shops that I would otherwise have never ventured, and tried new locations I just would not have even noticed.

WHY would I want to use Foursquare as a marketing tool for my apartment community?

I’ve been pondering this question ever since I got hooked on Foursquare. As I used Foursquare more and more, I found a couple of GREAT reasons to use Foursquare for marketing your apartment community:

  1. As I mentioned, Foursquare let’s the user announce to the world (and more importantly) and to a user’s friends, WHERE they ARE. At the time a user “checks into” an establishment, they have the option of adding a comment.
  2. WHO would want to know where YOU ARE?

    The answer is: YOUR friends and followers! Now this is important folks! Foursquare has extended its reach from it’s 3+ million registered users to YOUR FRIENDS on Facebook and YOUR FOLLOWERS on Twitter. So instead of just accessing the 3+million registered users, you are now accessing the friends and followers of users on facebook & twitter. Again, a skeptic may still pose the question, WHO would want to know “where YOU are AT?” YOUR friends and followers on facebook & twitter have “opted in” with you. For whatever reason, they think you’re a cool cat, and they’ve friended you or they are following you on twitter. THOSE people DO want to know WHERE you are. WHY? If you’re the cool cat, they want to know where the cool cats hang, what the cool cat is doing, how do cool cats live, etc. Perhaps they will try those places too! YOUR network DOES want to know WHERE YOU AT? It’s the most asked question when someone calls you on a cell phone – WHERE YOU AT?

  3. So, now that we’ve established that YOU are a cool cat, and your friends and followers DO want to know WHERE YOU AT, doesn’t it make sense that if you are announcing to the world that you just checked into “ABC Apartments,” that your friends and followers (who we presume are similar to you in some way) see that you just checked in at “ABC Apartments,” and they may want to check it out too? In addition, everytime YOU check in at ABC Apartments, ABC Apartments just got their brand name out there to all YOUR friends who are presumable similar to you in one way or another. Hmmm… its starting to look like we’re marketing to our target market!
  4. Even if YOU aren’t a cool cat, the early adopters of Foursquare ARE. The users of foursquare have an audience of friends on facebook and followers on twitter that see WHERE THEY ARE every time they check into YOUR apartment community. Since they live at YOUR apartment community, it’s not a far stretch to assume that a few of their friends/followers are similar to them and maybe interested in living at your Apartment community too. This is a soft marketing approach – but one that helps to get your brand and your name out there. When someone is ready to look for apartments, they will remember that their friend, John Doe, lives at ABC apartments and has checked in a dozen or so times in the last couple of months.
  5. NAME RECOGNITION! Gotta love that.

  6. TIPS! On Foursquare, there is an option to leave TIPS for other visitors. In the apartment industry, we so often complain about apartmentratings.com . I feel it has a lot to do with the negative connotation of the word “ratings.” What if it was called Apartmenttips.com? Would it change the way people who leave those reviews feel about what they are expected to do? In any case, on Foursquare, its called “TIPS.” And when I think of “tips,” I get a happy/GOOD feeling rather as opposed to the word “review” where I am left thinking I need to be a critic and criticize. TIPS on foursquare are usually positive, often little tidbits of useful information. I seldom see negative comments, although they do exist. Why not encourage people to leave tips about the apartment community? Any positive buzz you can create is ANOTHER positive way to reach YOUR market.

How can I use FOURSQUARE as a marketing tool for my apartment community?

  1. Make sure your apartment community is on foursquare, and that the correct information is listed.
  2. Encourage people to check in on Foursquare!
  3. To encourage prospects to check-in on foursquare, perhaps your apartment community can offer some kind of a special – $$ of the application fee? A rent special? Whatever the case, it can be as big or as small as you deem fit. The specials I have seen are Foursquare are mostly for restaurants and social hangouts – most specials are for free drinks or appetizers of some sort – its never something earth shattering, but it makes you, as a user, pay attention to what your options are – and when you have options, you’re likely to try something new.
  4. To encourage your apartment residents to check-in, perhaps the Mayor of your Apartment Community (the person who checks into your community the most) gets something special. -How about the mayor gets a preferential parking spot? How cool would that be, to have a sign that reads “PARKING for the MAYOR of ABC Apartments…”
  5. Claim your business on Foursquare. That means, go to http://Foursquare.com , set-up an account, and claim your business. Once you have been verified, you can start to run official foursquare “specials.”*
  6. Even if you can’t run official foursquare specials, I’ve seen companies leave their “special” as a “tip” on foursquare.

*At the time of this blog post, Foursquare states that foursquare “specials” are geared for businesses where people “meet, socialize and linger.” I’m curious if this definition extends to apartment communities? If you are an apartment community that is running official foursquare specials, please leave us a comment and let us know!

Do you FOURSQUARE? Please leave us a comment about your experience!

Don’t GET IT? RENT SODA! GET IT!

-Daisy Nguyen in Minneapolis, Minnesota MN

CEO/President

RENTSODA-small

Offering Apartment Marketing, Apartment Business & Operations Consulting & Apartment Industry Training

Web: RentSoda.com Email: Daisy {at} RentSoda(.)com

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RENT SODA Open House THURSDAY October 7th, 2010



Who: You, our Friends and Clients of RentSoda, are invited!

What: An opportunity to get together and see RentSoda’s new office space!

Where: 711 Hennepin Avenue South, Suite 508, Minneapolis

When: Thursday, October 7 from 2 – 5 p.m. Yummy refreshments & wine will be served.

Why: Please join us in celebrating our new office space and the addition of Jim Baumgartner to team RENT SODA! Enjoy light refreshments and wine! Check out our new RENT SODA Training THINK TANK – where ideas will POP! And get to know us while mingling with the industry friends.

Please RSVP by sending an email to daisy {at} rentsoda(.)com OR call Jim at 612.710.0546. We hope you will join us!

-Daisy Nguyen & Jim Baumgartner in Minneapolis, Minnesota MN

CEO/President & Senior Vice President

RENTSODA-small

Offering Apartment Marketing, Apartment Business & Operations Consulting & Apartment Industry Training

Web: RentSoda.com Email: Daisy {at} RentSoda(.)com

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You’ve Been B-BACK’ed! 5 Ways to Turn Your B-Backs Into Leases!

You’ve been there – your prospect apartment tour is going well, you are excited, your prospects are talking about where they are going to place their furniture, and then they utter the dread words:

We’re going to take a look at a few more places and we’ll BE BACK.

You just got B-BACK’ed! How do you turn those B-Backs into leases?

Here are 5 ways to get them BACK, and turn those B-BACKS into leases!

  1. FOLLOW-UP! While you are in the apartment tour, take your camera, and anything that your prospects say they like, take a picture of that. (i.e. “oh honey, look at the size of the closet!” -SNAP picture here. “oh honey, look at the pool!” SNAP picture here. Let them know you’ll email them the pics of all their favorite parts of the apartment tour.) I’m going to assume you’ve done some due diligence and have taken down their email address and phone number for follow-ups. After they leave, load the pictures onto a Flickr.com account, and email them the SHARE link. (Some email servers may have limits for attachments, and you want to make ensure that you don’t attach a bunch of pics that gets your email automatically moved into the spam folder.) Make sure in your follow-up email, you put something personal and friendly. (i.e. “Here’s a link to the pictures I took for you. You mentioned the size of the closet – I measured it and it’s 8×7. We’d love to have you live here!”
  2. FOLLOW-UP! Ask them when is the best time to contact them – WRITE THAT DOWN, and contact them during their most convenient times. Many times, we are following up with our prospects when its convenient for us. We should call them when its convenient for them – and increase our chances of having a “live” conversation as well as another opportunity for positive interaction with your apartment community.
  3. FOLLOW-UP! There is no 3 day rule to making a follow-up call when you’re trying to win business. If you want them to sign a lease, you’ll have to earn it. My rule of thumb: call immediately, call often. If you took my recommendation and took pictures (#1 above), call them after you send the pictures just to let them know to look for it in their email. No pressure, no salesy talk. Just a friendly call. THEN, call them the VERY next day and ask them how the rest of their apartment tours went, and offer to answer any questions they may still have. Call them a couple of days later to see if they have a decision and offer to show them another apartment that just “happened” to open up, etc.
  4. You get the idea: find ways to have positive points of contact with your prospects – don’t just call them to CALL THEM.

  5. FOLLOW-UP! When calling your prospects, always let them know how glad you are that they came in, or how happy you are that they came by. At the end of each call, either ask for their business or ask them to come back in.
  6. FOLLOW-UP! If you have an upcoming community event, call your prospects to invite them to attend. Having a breakfast for residents this weekend? Ask your prospects to attend. Have a football game showing in the community room? Invite them to join!

All 5 of my tips have to do with follow-up calls. It seems like a no-brainer, but I’m constantly amazed at how little follow-up there actually is out there. In recent “shops” that we performed, we only got a 20% rate of follow-up. We’ve been on the hunt for some office space – granted office space is a little different market than apartments, but we were FLOORED to find that the follow-up rate was even lower! (Maybe 10%!) We ended up leasing space from the person who cared the most by addressing all of our concerns, followed up with us the most, and fought to get our business. Your prospects aren’t any different. Studies show that the more positive interactions we have, the more we are likely to buy a product. Start making more positive interactions and increase your chances of closing on that lease!

Do you have any additional tips to add? Please leave a comment and add to the list!

Don’t GET IT? RENT SODA! GET IT!

-Daisy Nguyen in Minneapolis, Minnesota MN

CEO/President

RENTSODA-small

Offering Apartment Marketing, Apartment Business & Operations Consulting & Apartment Industry Training

Web: RentSoda.com Email: Daisy {at} RentSoda(.)com

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HAPPY LABOR DAY weekend! May Work be as Fun as a Barrel of Monkeys!

It’s Friday around 3:00PM before labor day weekend. I just want to take a moment to wish everyone a safe and happy holiday weekend.

And for all those who are working this weekend, I will be working too! I love working when everyone else is off, as that usually means less distractions for me, and I get SOOOO much more work done. Fortunately RENT SODA work is as fun as barrel of monkeys (with RENT SODA nerdy glasses on of course!) – fun, fun fun!

So, if you’re working this weekend too, drop me a line/leave me a comment and tell me what kind of fun you’re having that keeps you working on such a beautiful long weekend! May your work be as fun as RENT SODA work or as fun as a barrel of monkeys!

Not having FUN?

RENT SODA! GET IT!

-Daisy Nguyen in Minneapolis, Minnesota MN

CEO/President

RENTSODA-small

Offering Apartment Marketing, Apartment Business & Operations Consulting & Apartment Industry Training

Web: RentSoda.com Email: Daisy {at} RentSoda(.)com

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5 Things To Do NOW to Deter Crime From Your Apartment Community

Crime is an issue in any apartment community. Because apartments communities are denser populations, your apartment complex can be appealing to criminals – in a short amount of time, over a short distance of space, they have access to a higher number of “opportunities.” What are some affordable tips that you can implement NOW that can help deter crime from your apartment communities?

5 Things YOU Can Do NOW to Deter Crime From Your Apartment Communities:

  1. Take care of graffiti as soon as possible. Leaving a graffiti tag on your building only sends the message that your management either doesn’t care or is lax in the maintenance of the building. If you are lax with the maintenance of the building, would be thieves may believe you will be lax with the security of the building, the legal process, etc.
  2. Install good lightening around the perimeter of your community/apartment building. When I spoke with the Minneapolis police department, they don’t recommend motion lightening in favor of lightening that is turned on a dusk and off at dawn. Their reason: crooks will run into a dark alley, along a dark street and look for opportunities. Even if the lights come on once they on that street or alley, you’ve invited them in. Rather, light the streets and alleys, and those same crooks will avoid your street/alley way altogether.
  3. Leave windows to public areas unobstructed & lighted. Again, the best deterrent in crime is the appearance that the entire neighborhood could be watching. Especially where your community space may face a busy street, make sure the view into the space (i.e. community room) is not obstructed by potted plants, trees, etc. Thieves don’t want to be seen when they are thieving. Where possible, install motion lightening in your interior public spaces – if someone were to break into your community room or office after hours, the space will light up, and with the windows unobstructed, any activity going on in your community room has the possibility of being seen by all.
  4. Plant thorny vines or plants along walls or fences to deny access & prevent graffiti. If you have an area that is frequently tagged with graffiti, have an area that attracts unwanted activity, or have a wall that you want to keep people off – plant thorny vines or bushes. Nobody likes to be pricked by rose bushes or thorny vines – even toughened criminals or your harmless neighborhood juveniles.
  5. In parking areas, like garages & parking lots, post signs to remind residents and guests to lock their cars and take their valuables with them.

Don’t be a willing victim. Without the right “opportunities” for criminals, they WILL move onto greener pastures – that don’t include your apartment buildings.

These are my favorite cost effective, affordable, easy to implement crime deterrents - what are yours?

Don’t GET IT? RENT SODA! GET IT!

-Daisy Nguyen in Minneapolis, Minnesota MN

CEO/President

RENTSODA-small

Offering Apartment Marketing, Apartment Business & Operations Consulting & Apartment Industry Training

Web: RentSoda.com Email: Daisy {at} RentSoda(.)com

Become a fan of RENTSODA on facebook.  Connect with RENTSODA on LinkedIn!

Follow RENTSODA on Twitter!

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