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Ratings, Reviews and the Driving
Force Behind Reputation
Management
January 31, 2014

multifamily-social-media.com

1
Ratings, Reviews and Reputation Management

Moderator:
Jen Piccotti
SVP Education
& Consulting
SatisFacts

Stephanie
Haefner
VP Interactive
Marketing
Madison
Apartment
Group

Virginia Love
VP Leasing &
Marketing
Waterton
Residential

Carla Sgroi
e-Marketing
Director
Trinity Property
Consultants

multifamily-social-media.com

Melanie Stiles
VP Marketing &
Training,
Milestone
Management

2
Ratings, Reviews and Reputation Management
75% of renters base their rental decision on
ratings and review information.
- For Rent Media Solutions Next Generation Renter Survey, 2013

multifamily-social-media.com

3
Ratings, Reviews and Reputation Management
What is the feedback your front line is giving
regarding the impact of ratings and reviews?

multifamily-social-media.com

4
Ratings, Reviews and Reputation Management
63% of residents say they would post a positive
review if asked, yet only 9% have been asked.
- Inside the Head of the Online Renter e-book, SatisFacts and 30Lines, 2012

multifamily-social-media.com

5
Ratings, Reviews and Reputation Management
Proactive approaches to increase volume of
ratings and reviews?

multifamily-social-media.com

6
Ratings, Reviews and Reputation Management
In-house vs. On-site
In-house expert: emotionally removed from
situation to professionally manage a company’s
online story.
Community manager: able to speak with
authority and understanding of their own
community.
multifamily-social-media.com

7
Ratings, Reviews and Reputation Management
What is your approach on who responds to
reviews and why?

multifamily-social-media.com

8
Ratings, Reviews and Reputation Management
Half of the top 10% most trafficked properties
on ApartmentRatings.com have a “would
recommend” score under 50%.
- ApartmentRatings.com User Survey, 2013

multifamily-social-media.com

9
Ratings, Reviews and Reputation Management
What is the positive impact of both positive and
negative reviews?

multifamily-social-media.com

10
Ratings, Reviews and Reputation Management
A Virginia court just ruled that Yelp must identify
seven anonymous reviewers who left suspected
false negative reviews for a carpet-cleaning
business.

multifamily-social-media.com

11
Ratings, Reviews and Reputation Management
How might this ruling change things for better
or for worse?

multifamily-social-media.com

12
Ratings, Reviews and Reputation Management
Thank you!

multifamily-social-media.com

13

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Ratings, Reviews and the Driving Force Behind Reputation Management- Panel

  • 1. Ratings, Reviews and the Driving Force Behind Reputation Management January 31, 2014 multifamily-social-media.com 1
  • 2. Ratings, Reviews and Reputation Management Moderator: Jen Piccotti SVP Education & Consulting SatisFacts Stephanie Haefner VP Interactive Marketing Madison Apartment Group Virginia Love VP Leasing & Marketing Waterton Residential Carla Sgroi e-Marketing Director Trinity Property Consultants multifamily-social-media.com Melanie Stiles VP Marketing & Training, Milestone Management 2
  • 3. Ratings, Reviews and Reputation Management 75% of renters base their rental decision on ratings and review information. - For Rent Media Solutions Next Generation Renter Survey, 2013 multifamily-social-media.com 3
  • 4. Ratings, Reviews and Reputation Management What is the feedback your front line is giving regarding the impact of ratings and reviews? multifamily-social-media.com 4
  • 5. Ratings, Reviews and Reputation Management 63% of residents say they would post a positive review if asked, yet only 9% have been asked. - Inside the Head of the Online Renter e-book, SatisFacts and 30Lines, 2012 multifamily-social-media.com 5
  • 6. Ratings, Reviews and Reputation Management Proactive approaches to increase volume of ratings and reviews? multifamily-social-media.com 6
  • 7. Ratings, Reviews and Reputation Management In-house vs. On-site In-house expert: emotionally removed from situation to professionally manage a company’s online story. Community manager: able to speak with authority and understanding of their own community. multifamily-social-media.com 7
  • 8. Ratings, Reviews and Reputation Management What is your approach on who responds to reviews and why? multifamily-social-media.com 8
  • 9. Ratings, Reviews and Reputation Management Half of the top 10% most trafficked properties on ApartmentRatings.com have a “would recommend” score under 50%. - ApartmentRatings.com User Survey, 2013 multifamily-social-media.com 9
  • 10. Ratings, Reviews and Reputation Management What is the positive impact of both positive and negative reviews? multifamily-social-media.com 10
  • 11. Ratings, Reviews and Reputation Management A Virginia court just ruled that Yelp must identify seven anonymous reviewers who left suspected false negative reviews for a carpet-cleaning business. multifamily-social-media.com 11
  • 12. Ratings, Reviews and Reputation Management How might this ruling change things for better or for worse? multifamily-social-media.com 12
  • 13. Ratings, Reviews and Reputation Management Thank you! multifamily-social-media.com 13