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CASE STUDY:
BAINBRIDGE
COMPANIES &
COMMUNITYSHERPA
BACKGROUND

    CommunitySherpa is a social media marketing service for
    the multi-family industry from Network Communications,
    Inc., the parent company of Apartment Finder. This monthly
    subscription service provides a robust solution to building and
    managing a social media marketing program for apartment
    communities, residents and prospects. CommunitySherpa
    aims to improve organic search rankings, increase web traffic,
    improve resident retention and enhance referral programs
    for its subscribers. The program includes the creation of a
    community blog, Facebook and Twitter presence for the
    participating apartment community that is updated regularly
    with unique hyper-local, community, neighborhood and
    regional content. Monthly reports detail traffic and leads,
    referral activity and member information for measuring
    retention among users.




2
BUSINESS OPPORTUNITY

The Bainbridge Companies (www.BainbridgeCompanies.com) is a leading
owner, developer and manager of luxury multifamily apartment communities
in the Eastern United States, having over 10,000 apartment homes in 23
communities under management. In the Fall of 2009, Bainbridge’s VP of
Marketing, Jared Miller, was faced with declining market conditions, including
pressure on occupancy and rental rates and a reduced online marketing
budget. Miller knew the most effective way he could combat these conditions
would be through developing a comprehensive SEO and social media
strategy for his properties, which quickly became a top priority. However, to
execute his strategy would require resources he didn’t have:

     “We needed a robust platform, resources to monitor
     the content, and resources to develop it. We simply
     didn’t have those resources available internally.”

     –Jared Miller, VP of Marketing



Fortunately, Miller had learned about the CommunitySherpa program through
his existing Apartment Finder account team. Recognizing the potential, Miller
made the decision to implement the service for 21 of 23 Bainbridge properties
(the others are small assets without a large enough base to warrant the
program). In early November, 2009, 19 Bainbridge communities launched with
CommunitySherpa, and the remaining 2 communities followed soon after.




                                                                                 3
RESULTS
      Overall, the results for the program to date have far exceeded Bainbridge’s
      expectations in terms of increased site traffic, reduced online marketing spend and
      resident engagement.

      Since launching in late 2009, every participating Bainbridge property has realized
      an increase in organic, non-paid traffic to their property web sites. Combined, this
      represents a 67% overall increase from October, 2009. Interestingly, ten properties
      have realized an increase in organic traffic by more than 70% and four of these
      properties have realized an increase of over 100% and one of over 230%.
      The following chart illustrates the growth in organic traffic that Bainbridge has
      enjoyed over the past 9 months:

                                                                          • NOV 2009
                                                                          Launch of initial
                                                                          19 Bainbridge
                                                                          properties


             25,000



             20,000
    VISITS




             15,000



             10,000



              5,000




                      SEPT   OCT    NOV    DEC      JAN    FEB    MAR    APR     MAY
                      2009   2009   2009   2009     2010   2010   2010   2010    2010
                                                  MONTH


4
RESULTS

These gains, which resulted from a combined focus on search engine optimization
and the CommunitySherpa social media platform, continue to increase month
over month and have allowed Bainbridge to initiate a plan to eliminate
pay-per-click advertising by the end of 2010. This will result in a cost savings
of over $100,000.

      “Now that the blogs have been live for some time,
      we are seeing stronger organic placement and
      overall web traffic monthly. The growth is
      building each month.”
      –Jared Miller, VP of Marketing



Bainbridge has also seen a growth in the number of natural keyword searches
driving traffic to their properties. By expanding the breadth of content, they are
able to tap into new audiences that may likely represent future residents. In fact,
Bainbridge reports higher lead conversion from their organic, non-paid traffic.

Finally, Bainbridge continues to receive positive feedback from its residents.
Aside from giving residents the ability to connect on Facebook and Twitter,
residents now receive important communications that they otherwise may
have missed. For example, during the past winter’s severe storms, Bainbridge
leveraged their CommunitySherpa platform to send out emergency notifications
from local municipalities via Twitter and Facebook. Numerous residents
made it known how much they appreciated the effort. It is this type of highly
personalized, real-time communication that benefits residents while providing a
unique competitive advantage for Bainbridge.




                                                                                      5
SUCCESS FACTORS

    As one of NCI’s first CommunitySherpa customers, Bainbridge has outlined
    2 critical success factors for the program:


            1. Regular participation by the apartment community, regional
            and executive management team. While CommunitySherpa
            provides the vast majority of the blog content, it is important
            for the community manger to also post relevant, hyper-local
            content on occasion. Topics such as property enhancements,
            resident appreciation parties, and neighborhood news generate
            a high level of interest and engagement. Bainbridge reports
            that all of its property managers post at least once or twice a
            month, while others post several times a week.

            2. Cross-linking and internal promotion. Bainbridge configured
            their CommunitySherpa blogs so that they are linked directly
            to each property website’s URL. They also are diligent about
            linking to the blogs from text within their website pages, and
            creating a focal point on relevant pages to drive additional
            traffic. Recently, they have begun the process of redesigning
            each of their property websites to better integrate the blog
            content. An example is www.livetuscanyridge.com.


    Because each property has a dedicated CommunitySherpa content
    manager focused on driving results, clients like Bainbridge are easily able
    to identify new opportunities for leveraging content on their sites while
    allowing their property managers to develop new skills.




6
PRODUCT SAMPLE

Below are screen shots of an actual CommunitySherpa blog, Facebook and
Twitter page for The Wellington, a signature Bainbridge property located in
Arlington, VA:




                                                                              7
REFERENCE SITES

    Below is a listing of The Bainbridge Companies’ CommunitySherpa
    blogs. For more information on The Bainbridge Companies, please visit:
    bainbridgecompanies.com.

    • blog.alexanmetrowest.com
    • blog.alexansolmar.com
    • blog.livebartonscrossing.com
    • blog.liveblueisle.com
    • blog.livecarlylestation.com
    • blog.livecrystalsquare.com
    • blog.liveeatonsquare.com
    • blog.livetuscanyridge.com
    • blog.livefoxrun.com
    • blog.liveislandclub.com
    • blog.livelionsgate.com
    • blog.livesavannahpc.com
    • blog.liveserramar.com
    • blog.livesolara.com
    • blog.livethebennington.com
    • blog.liveheathbrook.com
    • blog.livethewellington.com
    • blog.liveturtlecove.com
    • blog.liveuniversityheights.com
    • blog.livemcnairfarms.com
    • blog.livewatkinsstation.com

    For more information about CommunitySherpa, please visit:
    community-sherpa.com or contact your Apartment Finder sales team.




8

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Bainbridge

  • 2. BACKGROUND CommunitySherpa is a social media marketing service for the multi-family industry from Network Communications, Inc., the parent company of Apartment Finder. This monthly subscription service provides a robust solution to building and managing a social media marketing program for apartment communities, residents and prospects. CommunitySherpa aims to improve organic search rankings, increase web traffic, improve resident retention and enhance referral programs for its subscribers. The program includes the creation of a community blog, Facebook and Twitter presence for the participating apartment community that is updated regularly with unique hyper-local, community, neighborhood and regional content. Monthly reports detail traffic and leads, referral activity and member information for measuring retention among users. 2
  • 3. BUSINESS OPPORTUNITY The Bainbridge Companies (www.BainbridgeCompanies.com) is a leading owner, developer and manager of luxury multifamily apartment communities in the Eastern United States, having over 10,000 apartment homes in 23 communities under management. In the Fall of 2009, Bainbridge’s VP of Marketing, Jared Miller, was faced with declining market conditions, including pressure on occupancy and rental rates and a reduced online marketing budget. Miller knew the most effective way he could combat these conditions would be through developing a comprehensive SEO and social media strategy for his properties, which quickly became a top priority. However, to execute his strategy would require resources he didn’t have: “We needed a robust platform, resources to monitor the content, and resources to develop it. We simply didn’t have those resources available internally.” –Jared Miller, VP of Marketing Fortunately, Miller had learned about the CommunitySherpa program through his existing Apartment Finder account team. Recognizing the potential, Miller made the decision to implement the service for 21 of 23 Bainbridge properties (the others are small assets without a large enough base to warrant the program). In early November, 2009, 19 Bainbridge communities launched with CommunitySherpa, and the remaining 2 communities followed soon after. 3
  • 4. RESULTS Overall, the results for the program to date have far exceeded Bainbridge’s expectations in terms of increased site traffic, reduced online marketing spend and resident engagement. Since launching in late 2009, every participating Bainbridge property has realized an increase in organic, non-paid traffic to their property web sites. Combined, this represents a 67% overall increase from October, 2009. Interestingly, ten properties have realized an increase in organic traffic by more than 70% and four of these properties have realized an increase of over 100% and one of over 230%. The following chart illustrates the growth in organic traffic that Bainbridge has enjoyed over the past 9 months: • NOV 2009 Launch of initial 19 Bainbridge properties 25,000 20,000 VISITS 15,000 10,000 5,000 SEPT OCT NOV DEC JAN FEB MAR APR MAY 2009 2009 2009 2009 2010 2010 2010 2010 2010 MONTH 4
  • 5. RESULTS These gains, which resulted from a combined focus on search engine optimization and the CommunitySherpa social media platform, continue to increase month over month and have allowed Bainbridge to initiate a plan to eliminate pay-per-click advertising by the end of 2010. This will result in a cost savings of over $100,000. “Now that the blogs have been live for some time, we are seeing stronger organic placement and overall web traffic monthly. The growth is building each month.” –Jared Miller, VP of Marketing Bainbridge has also seen a growth in the number of natural keyword searches driving traffic to their properties. By expanding the breadth of content, they are able to tap into new audiences that may likely represent future residents. In fact, Bainbridge reports higher lead conversion from their organic, non-paid traffic. Finally, Bainbridge continues to receive positive feedback from its residents. Aside from giving residents the ability to connect on Facebook and Twitter, residents now receive important communications that they otherwise may have missed. For example, during the past winter’s severe storms, Bainbridge leveraged their CommunitySherpa platform to send out emergency notifications from local municipalities via Twitter and Facebook. Numerous residents made it known how much they appreciated the effort. It is this type of highly personalized, real-time communication that benefits residents while providing a unique competitive advantage for Bainbridge. 5
  • 6. SUCCESS FACTORS As one of NCI’s first CommunitySherpa customers, Bainbridge has outlined 2 critical success factors for the program: 1. Regular participation by the apartment community, regional and executive management team. While CommunitySherpa provides the vast majority of the blog content, it is important for the community manger to also post relevant, hyper-local content on occasion. Topics such as property enhancements, resident appreciation parties, and neighborhood news generate a high level of interest and engagement. Bainbridge reports that all of its property managers post at least once or twice a month, while others post several times a week. 2. Cross-linking and internal promotion. Bainbridge configured their CommunitySherpa blogs so that they are linked directly to each property website’s URL. They also are diligent about linking to the blogs from text within their website pages, and creating a focal point on relevant pages to drive additional traffic. Recently, they have begun the process of redesigning each of their property websites to better integrate the blog content. An example is www.livetuscanyridge.com. Because each property has a dedicated CommunitySherpa content manager focused on driving results, clients like Bainbridge are easily able to identify new opportunities for leveraging content on their sites while allowing their property managers to develop new skills. 6
  • 7. PRODUCT SAMPLE Below are screen shots of an actual CommunitySherpa blog, Facebook and Twitter page for The Wellington, a signature Bainbridge property located in Arlington, VA: 7
  • 8. REFERENCE SITES Below is a listing of The Bainbridge Companies’ CommunitySherpa blogs. For more information on The Bainbridge Companies, please visit: bainbridgecompanies.com. • blog.alexanmetrowest.com • blog.alexansolmar.com • blog.livebartonscrossing.com • blog.liveblueisle.com • blog.livecarlylestation.com • blog.livecrystalsquare.com • blog.liveeatonsquare.com • blog.livetuscanyridge.com • blog.livefoxrun.com • blog.liveislandclub.com • blog.livelionsgate.com • blog.livesavannahpc.com • blog.liveserramar.com • blog.livesolara.com • blog.livethebennington.com • blog.liveheathbrook.com • blog.livethewellington.com • blog.liveturtlecove.com • blog.liveuniversityheights.com • blog.livemcnairfarms.com • blog.livewatkinsstation.com For more information about CommunitySherpa, please visit: community-sherpa.com or contact your Apartment Finder sales team. 8