Marketing Best Practices
Video is the lynchpin of a successful commercial real estate marketing strategy. As per studies, more than 80% of businesses are now using video as a marketing tool (up from 63% in 2019) and mobile video consumption is steadily rising 100% year over year.
Despite this, a recent survey found that only 50% of CRE marketers are using videos or 3D tours of their properties.
Right now especially, video is a must. As a visual storytelling medium, commercial real estate professionals can directly engage with prospects in the easiest way possible. Quick, bite-sized videos can be easily shared on social media and consumed from any type of device.
We asked 4 leading video production companies; Kilograph, Arqui300 and RiseMedia and Cicada Design to share their most critical advice for planning to shoot your property, but first let’s review the main reasons why you should consider investing in video to market your commercial properties.
340 Madison film by Arqui300 for RXR
It’s that last point in particular that really makes video a powerful platform for the commercial real estate industry.
Effective video marketing can impact every element of your business. Listing videos are important and will play a role in your CRE marketing, but there are several other type of videos that can support those marketing efforts, including:
“Don’t try to say everything about the property in one short video. Be single-minded and create curiosity so that your target audience will reach out to you to find out more.
Look at creating a narrative that communicates synergy between your property brand and the surrounding neighborhood. Creativity works; people are much more likely to watch a video multiple times and share it when they are entertained.”
Jason Kinsella & John Michael Wilyat, Kilograph
Catalyst Film by Kilograph for Harvest Properties
“Promoting a property is definitely not only an effort that starts and end with a video, always explore a full marketing strategy with your agency.
The less is more approach always apply and specially in a society that often only reads the capital letters.
Explore competition so you just don’t copycat. Be cinematic rather than institutional, Be visual rather than detailed, Be Unique!”
Nuno Mesquita, Tiago Pinto, Arqui300
“Make sure you are appealing to the right audience. The way a property film is structured determines its suitability to each type of prospective buyer. If you are marketing trendy, small office to rent for small businesses, the chances are that your property is one of hundreds that could be the right fit for your target buyer. In this instance, you need your property film to be fast and punchy for it to stand out from the crowd.
You want to quickly convey all key messages before your prospective buyer scrolls past. If you are marketing a larger, high-value property, then you want the film to reflect this with a longer edit length and more shots per area. In this instance, it is about providing more rather than less, as your prospective buyer will probably be looking at fewer options overall and will likely be keen to see more of the properties intricacies.”
Mark Lunt, RiseMedia
Lakeview Village by Cicada Design Inc. for Lakeview Community Partners
“When evaluating a video production consider how the assets you are recording can be reused and repackaged for different platforms and messages. Often a larger production can be recut for shorter social posts. If this is your intent you should be mindful of the formatting options for those platforms as the image aspect will affect the way you frame your subject. Feature content for your website and email campaigns tend to be longer but rarely more than a minute and half where social content is more commonly 15-30 seconds. Select aspects of the property can be celebrated individually as social posts.”
Spencer Rand, Cicada Design
“Consider where the property film is going. Before filming, you want to have a clear plan as to where the property film will live. Alongside the usual property portals and estate agent websites, you want to consider other platforms to promote your property. Are you marketing on Youtube pre-roll? Is the film going to live on Instagram?
Each platform favours different aspect ratios and edit lengths, so you want to brief the videography team on this beforehand to ensure the footage is optimised for your platform of choice.”
Mark Lunt, RiseMedia
“Don’t be afraid to think outside the box. Fly-through films are the staple of property video marketing, they show the property itself but you could be missing out if you don’t consider other options such as lifestyle and local area films. A lifestyle film is typically more expensive to produce but uses models and actors to represent the lifestyle your property can provide.
Local area films work to profile the local area and showcase the travel connections, local amenities, and open spaces on your properties doorstep. These factors are often as important to a buyer as the quality and size of the property itself.”
Mark Lunt, RiseMedia
“If the property is located within or in proximity to a reputable neighborhood or iconic district this can serve as an excellent foundation for an attractive lifestyle narrative.”
John Michael Wilyat, Kilograph
Arena Tower Film by Kilograph for Aquila Commercial & Capella Commercial
“The video should focus on the property’s best aspects and leave the viewer wanting to see more. At Spaces, we typically focus on the exterior of the property, the primary workspaces, communal/break-out spaces and boardrooms. These tend to be the most impressive areas of the property. Other likely candidates are window views, garden space, and if they are impressive, the bathroom/shower facilities. As a general rule, you want to choose scenes with depth to them, shooting a room with enough space to have something in the foreground allows you to create a sense of being ‘in’ the property.”
Mark Lunt, RiseMedia
“Feature the most unique and desirable aspects of the property’s amenity package to reinforce the value proposition. This can range from rooftop gardens to private parking, or even virtual amenities such as a digital concierge or a branded smartphone application, anything that generates meaningful value for your tenants.”
John Michael Wilyat, Kilograph
150 Fifth Avenue by Arqui300 for L&L Holding
“Access to fresh air and natural light is becoming an exceedingly valuable feature to showcase as we all adapt to the “New Normal” in our lives and workplace environments.”
John Michael Wilyat, Kilograph
“Buildings in themselves are not inherently very engaging as a video subject. To create a more dynamic presentation motion graphics can dramatically elevate the video to capture the imagination and add a layer of magic, technical detail or visual direction to video. Most productions will incorporate a lower-third and some animated line work however, there is a wide range of story-telling techniques that can be applied to differentiate your video from this baseline.”
Spencer Rand, Cicada Design
“Pre-production is the key to success. The video’s production should be built on a foundation made up of three components: a creative brief, script, and casting document.
Develop a Creative Brief: At a minimum, this should highlight one simple message that captures your property’s value proposition, an explanation of the target audience, and any mandatory information critical to your project’s success.
Develop a Script: The script will describe the onscreen actions, locations, characters, and even wardrobe choices. This allows you to approve all of these critical elements and remain efficient in your communication and use of budget.
Develop a Casting Document: Prioritize your casting effort and lifestyle photography around showcasing specific user-groups. The talent represented in your custom shoot or stock photography should be a reflection of your target audience, whether that is the depiction of their occupations, cultural values, or ethnic diversity. Getting this right will go a long way toward constructing a more authentic narrative around your project.”
John Michael Wilyat, Kilograph
Spencer Rand, Cicada Design
The Hudson | Vauxhall by RiseMedia for Woodvalley
“Make sure your property is presentable. Hiring an interior designer is an excellent way to make sure your property stands out from the crowd for both video and photography. If you don’t have the budget for this, simply making sure surfaces are clear and everything has been tidied is a great start for an excellent property film. We also recommend de-cluttering furniture. Make sure any furniture that makes the interior of your property look smaller has been removed before the shoot. Using furniture that is slightly lifted off the floor helps rooms look and feel more spacious.
Make sure all lights are working! Lighting is key in film making, and whilst the video team should be bringing their own lights for each scene, it’s important to give them plenty to work with in terms of the interior lights themselves. In film making terms, these lights are called practical lights. Nothing ruins a shot like one of the overhead lamps not working.
Fully brief the video team on the properties USP’s. An experienced property videographer will have a good idea of what’s important to film or not, but it is important to make sure they know the less obvious selling points of the property. For example, perhaps the property features original features that are rare to come by, or there are amazing nighttime lights outside. Make sure the video team knows exactly what you think are the properties’ best aspects in advance, so they can plan the best way to capture them.”
Mark Lunt, RiseMedia
Edmonton Ice District by Cicada Design Inc. for One Properties & Katz Group
“Audio production can be as simple as a music track setting the cadence of the edit to full soundscape with little sound cues drawing your attention to finer details. As the quality of the visual content reaches higher benchmarks the audio should also.”
Spencer Rand, Cicada Design
Implemented effectively, video marketing can have a substantial impact on your CRE business. Costs are lower than ever, resources and equipment are commercially available and provide professional-quality visuals, and prospects are much more receptive to video than traditional text and photography. The combination of drone footage, 3D camera footage, and traditional B-roll allows you to create comprehensive video representations of your properties in a time when remote viewing is vital.
Whether you hire a professional production company or leverage retail drones and cameras to produce video content in-house, the immediate impact of video marketing for your commercial properties will be substantial.
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