Kate Good Consulting
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Showing posts with label rants and raves. Show all posts
Showing posts with label rants and raves. Show all posts

Friday, May 9, 2014

How a Basketball Player Reminded Me Why I Love My Job

I love a good sports movie.  I like to see the underdog rise to the top and as the music begins to crescendo, we see the team shoot the winning basket, score the final touchdown, kick the goal to take the championship as fans rise in sheer joy at the remarkable story they have witnessed.  The best stories include struggle and determination.  A Mother, Coach or Father sacrificing to see the person they love and believe in make it to the top.  When Kevin Durant, star player with the Oklahoma City Thunder, delivered his acceptance speech when receiving the honor of NBA MVP, he described the challenges of his life and all that lead him to this day. The speech could be a script for a movie that I would pay money to see.

By the time he got to the 22nd minute of his speech, I was on my third tissue! The best message was yet to come...Kevin thanked his Mother and described one of his best memories as a child.  His Mother was a young single women raising two young boys.  She gave up her meals to make certain her children were fed. She worked to keep them off the street and instill a strong sense of family.  And, when they sat in the living room of their first apartment, empty because they had no furniture, that apartment made this young family feel as though they "made it".

I clipped this portion of the speech to share with you:


I want to thank Kevin Durant for reminding me what I love best about my work.  I love connecting people with home.  I was reminded power of this experience.  It is a old, tired saying and yet it means so much, Home is Where The Heart Is.  And on a day when I questioned the value of all that I have done and built in my career, Mr. Durant reminded me of my purpose.

Initially, I posted this on my Facebook wall thinking that others in our business may be having a difficult day like me, and would find their purpose renewed by reading his quote.  I was touched to see, in a matter of a few hours, 200 people clicking "like" as a personal affirmation that even an empty apartment can change someone's life and that we are honored to create exceptional communities for a living.  As the post was shared, 29 times and counting, it seems that everyone needed the sweet reminder that our work matters more than we will ever know.


Tuesday, August 20, 2013

The Unexpected Email I Received From A Panhanlder Today

When I lived in Chicago I was never comfortable with people on the street asking me for money. I was worried that I was contributing to a bad habit that may have put them on the street or that their story was a fraud.  When I was walking the Country Club Plaza in Kansas City, I was told that a certain panhandler sitting near The Cheesecake Factory made over $70,000.  While I tried not to pass judgment, I never understood why someone who was that good at asking a stranger for money did not get up and get a job.  After all, successful sales people have to ask people they do not know for money all the time! There were times when I thought the "loose change seekers" were better at it than I was. 
 
I have also seen many panhandlers to demonstrate marketing savvy.  They know people will read their sign so they put something worth reading.  Personally, I respect the signs that make me laugh.  Here are some of my favorites:
 
 


Today, my view of a panhandler changed when one of them emailed me.  For the first time in many years I have a morning routine that includes driving the same route each morning.  At one high profile corner there have been two panhandlers who are friendly and creative with their signs.  One morning I whipped through the light and saw the sign out of the corner of my eye.  The gentleman was asking for money for his BMW fund.  I found this to be an example of the strength of the Houston economy and if I were not late for a meeting I would have made a u-turn and snapped a picture for my Facebook status update. 

Each day I drove this route I looked for him again.  Finally today, the stars aligned and I caught the light while he was standing there with the sign.  I figured it would not be nice to take a picture from the inside of my car and not give him money.  So, I broke a personal rule and quickly pulled out some dollar bills.  I handed them over and asked for a picture. 

For the next 30 or so seconds we had a conversation that started with "you get it don't you". In an instant my view of this man changed.  He explained that he is a writer and is trying to get noticed.  He asked me for a card because he carries on the panhandler tradition of asking strangers for something, in other words, he is a salesperson. At this point my Mother, Linda, is probably thinking she should have told me 1000 more times not to talk to strangers!  Well Mom, talking to strangers has pulled me along in life and I felt an instant connection with this one.  His name is Tom and he is looking for a job.
 
I am impressed with the email he sent me.  Well written, complementary, researched (made two references to blogs I have written) and effective. His talent is obvious. I hope he finds what he is looking for but I will miss him on the corner.
If you would like to read Tom's blogs, please visit: http://homelesspatriot.blogspot.com/ and http://rogersparkbench.blogspot.com/

Monday, August 19, 2013

What Ashton Kutcher and I Have in Common

This is a pretty bold title for a blog! Let's start by saying I love this guy. In my life I have had a few celeb crushes starting with Rob Lowe starring in St. Elmo's Fire and About Last Night.  The day after I saw Legends of the Fall I had to leave work at 10:30 am because I could not concentrate on writing a marketing plan and had Brad Pitt on the brain. Then came my encounter with John Stamos.....well that is another blog on my personal page.  And finally Ashton. I saw him in Just Married and loved his expressions.  I was hooked.  

Of all my celeb crushes, I have never felt like I was on their level until I heard Ashton accept his Teen Choice Award.  He proudly took this opportunity to reach out to the young audience with a message about life.  I was personally touched when he shared the same thoughts that I frequently talk about in my programs.  Not only did he connect with screaming 16 year old's, he connected with me too.

The first point of his speech is that his name is really Chris and he lived an important life before he took his middle name to become and actor.  Surprisingly, he learned about opportunity before he got his role on That 70's Show.  Ashton feels that opportunity looks a lot like work.  He had jobs where he mopped floors and washed dishes and he never felt that he had a job he was better than.  Ashton respected the opportunity and saw it as a stepping stone.  I found his next point to be very important for today's 20 something generation; never quit a job until you have your next one.  When you quit without your next job lined up, you just proved to the world that you thought you were better than the job you wanted to leave and did not respect the opportunity to work.  As an employer, I steer clear of people who make this choice and do not have a really really, and I mean really good reason. Click here:
For those of you who have heard me speak in the last few years, you may have heard me close my program with this words to live by "Be Here Now, Be Somewhere Else Later". This is the key to my success and I have been benefiting from this belief for over 20 years.  I meet ambitious people who want to do what I do and the best advice I can give them is to do what you do now extremely well.  If you are a housekeeper, be the master of clean.  If you are a Leasing Consultant, stop making excuses for why an apartment is not leasing and have the highest closing ratio in your company.

I have a dream board, goal sheets and big plans for my life but none of them will happen if I am not taking my current opportunities and knocking them out of the park. My first job in the apartment industry was to lease apartments.  In my first two weeks with my company, Trammell Crow, I went to a week long training class where I witnessed what corporate trainers do and I knew then, I wanted to be one.  But, to get there, I had to first show people that I could do the work that I would be training other people to do.  It was in that very class that I decided that I would not stop until I was the number one Leasing Consultant in the company.  I hit that goal within a year.  I was the Director of Training 4 years later.

I wondered where Ashton was going when the second point of his speech was about being sexy.  This is a guy who could rest on his looks for his sexy but he knows there is more to being attractive.  Ashton explains that being sexy is accomplished by being smart, thoughtful and generous. In our world we are caught up in what he labels crap; the stuff that people try to sell to you to make you feel less. I have always been attracted to the smart, thoughtful and generous guy.
Over the years, I have received some nice compliments about how I look.  I always brush that off because I think I am just an average person.  It is the comments and compliments about my intelligence that make me say "thank you".  I know my expertise, and how I give to others, have opened many more doors than my looks.

Ashton's last message is about building a life not just living one.  Again, I connected.  I have not taken the path well traveled, I have carved out the life I want.  I continue to build my life based on the belief that most people are no smarter than I am.  If they can do it, why can't I?

Now, go be amazing at work today and get your sexy on!

Friday, October 26, 2012

Scroll Down to Find Out Why I Need to Apologize to My Mother



Good Insight From marketing Expert Kate Good
By Leah Etling, Blogger for YARDI on Oct 23, 2012


Kate Good’s energy and enthusiasm are infectious. Whether she’s talking about apartment branding, leasing strategy, or cute shoes, the veteran multifamily motivator captures her audience with humor, charm and solid market-tested knowledge.

As an independent consultant and a member of the Apartment All Stars, a team of multifamily experts that delivers industry insight and inspiration on a national tour and via webinars, Good is in demand for her 23 years of expertise. She gave us a few minutes of her valuable time recently to chat about multifamily trends. And stay tuned for a big announcement involving the All Stars’ next big thing in the coming weeks, she hinted during our interview.

Good began her career as a leasing professional with Trammell Crow, and started her consultancy in 1997. Today, she speaks to over 18,000 apartment industry professionals annually at conferences, seminars, trainings, retreats, awards and other industry events, sharing the lessons that she’s learned while assisting her clients. Good works with all varieties of properties, from distressed assets with lagging vacancy rates to new construction (one of her favorite project types).

She is passionate about working with apartment industry clients to help them stay motivated, be better at their jobs, lease up their properties, retain residents and raise rents.

“She is without a doubt the most entertaining speaker I’ve ever seen in the industry and certainly one of the most informative,” said Will Johnson, publisher of Professional Publishing, Inc. Rave reviews from her speaking engagements are common, with audiences say they walk away energized, excited, and ready to work.

Despite having months of travel on her calendar each year for speaking engagements and consultant gigs, Good’s outlook is perpetually upbeat and optimistic, and her audiences feed off that energy.

“My audience is sophisticated. I’m constantly out there looking at what everyone’s doing, looking at the best of the best, searching for ideas from other industries, so that every time someone comes to hear me speak they get new material that is researched, that I believe in, that I have tested through my own marketing,” she said.

“I want everyone to know that I am doing this stuff – I am a speaker and a consultant. I’m actively marketing. I took on some of the hardest properties during the recession, and I’m still taking on the hard stuff. I’m challenged just like everybody else is. When I get up and talk, I’m talking about real life scenarios. I don’t talk about things that I think might be good. I talk about things that I know work.”

She shared one of her secrets to staying focused and energetic with such a crazy schedule: Monster Zero energy drinks. It’s part of her contract that they are waiting in her hotel room on ice. (Note to Kate: You’ll probably be getting a call to endorse the Monster Zero beverage line any day now.)

Here are a few of the invaluable industry insights we learned from our chat with Kate Good:

What’s changed in the industry since she started: the data that can help you make better business decisions is now readily available, and smart companies use it daily.
Good says: “Companies like Yardi have helped us become stronger decision markers. We used to do things that were mainly gut reactions – ‘Well, based on my experience, or based on what I’m seeing, we should try this.’ Well now, if we’re using the technology provided for us, we have reports, data, and history. We don’t have to make gut decisions anymore, we can make really informed decisions.”

What’s trending right now: with the popularity of apartment renting as a lifestyle, resident populations are becoming more diverse. Multifamily firms need to be ready for blended demographics. Good says: “We could have senior housing and Gen Z housing all in one community. It will be important to build marketing systems, retention programs and management style that have diversity targeting all the different profiles of renters. Whereas in the past, we’d say ‘this is a boomer community, or a senior community, or a young professional community, or a hipster/just out of college community.’ We’re not seeing that anymore.”

Do you need a new branding strategy? Find out how your prospects view you answer that question. For a recent client, Good surveyed 200 apartment hunters to find out whether marketing messages were hitting home. It turned out that the image projected by the property was being perceived in a drastically different way by the potential renters.
Good says: “When I want to find out if branding is working, I look to see if we are attracting the desired profile that we want from our branding. When we are attracting them, is that the message that they are understanding, is that what they’re hearing from us? You don’t know that until you ask.”

New construction marketing raises everyone’s game. Properties in initial lease-up typically come out swinging with aggressive marketing campaigns, creative social media strategies and even social opportunities to target new residents. They’re among Good’s favorite kind of campaigns to run, and they also make the competition better.
Good says: “They can knock it out of the park – and if you’re been around 2 years, 5 years, 20 years – you’re going to raise your game to stay competitive, and I love that. I like being on the edge, and with new construction you can be on the edge of what’s new and what’s fun and what’s hot.”

What’s hot right now? Multifamily is finally starting to understand social media well and use it effectively, and the right approach can be different from property to property. Good says: “I’ve seen properties where their Facebook page rocks, because you can pay rent on it. I’ve seen another Facebook page that gets a lot of traffic because they have a direct feed for resident reviews, automatically posted, unfiltered. People are using that as resource for finding out about their community. I’ve seen Facebook pages that are entire brochures, with floor plans, and videos, and pictures, and the ability to rent the apartment right there. So, we’re starting to see how social media is becoming both an informational website as well as an interactive point for our residents.”

Rents are going up. How are smart communities selling that? One year into the post-recession recovery cycle, many apartments have been able to raise rents between $100 to $160/month during a lease renewal, and many markets are seeing higher average rents than they were before the economy crashed. Good says: “We’re starting to see incremental increases, the return of the wait list, and balancing out revenue opportunities that we let go of during the recessionary time. During the recession, we unbundled things. We unbundled the garage from the apartment, because that added another $150 onto the rent, and that made it look so expensive. Now we’re bundling the garage, storage and the amenity fee, and putting it together as one offer to add value to the price we’re trying to get. We’re using the garage, storage and amenities as value builders for these really high prices we’re asking for.”

What else should multifamily professionals be thinking about right now? With a recovering job market and new emphasis on professionalism and technical skill sets for multifamily employees, Good hopes that the industry will take a hard look at making wages more competitive. Good says: “I want to challenge companies to think hard about the value of attracting good people to our business and having a compensation package to attract them and keep them and be competitive with other industries. I just feel our industry isn’t offering enough compensation right now for the hours put in and what we expect of a property manager.”

Thanks to Kate Good for taking the time to speak with us. We asked Kate to tell us a little bit more about herself by answering ten fun profile questions, and she kindly obliged:

What is your favorite type of music?

I am a Texas girl at heart and grew up in a small town. I connect with the lyrics and wholesome themes that you find in Country Music. Except for the ones that talk about Momma being in jail. They can’t catch my Mom! And, I love to see any band live. It just gets my juices flowing to hear the drums and guitar crank it out through a powerful speaker.

What is your favorite book of all time and why?

“Oh The Places You Will Go” by Dr. Suess. The book is about never losing your sense of adventure and wonder.

If you have an hour of free time to spare, what do you do with it?

Gather a group of friends and jump on our road cycles, climb Camelback Mountain or hit the slopes of Aspen. I love to exercise in the outdoors. It is the antithesis of airports and hotels.

What kinds of food do you like?

The ones I cook at home. I was on 142 airplanes last year and the real treat for me is to be home cooking all the recipes I read about in the magazines I buy in the airport (we won’t talk about the Kit Kat bar I buy at the same time). Hold the cheese, use fresh cut herbs and prepare it to perfection and I am in heaven. If I could eat butter poached tarragon lobster every day and never gain a pound, I would.

Where is the most interesting place you’ve ever traveled?

This is a tough one because I have been to 21 countries. Every place is interesting the first time you visit. I was mesmerized by the scenery in Lake Como, Italy. I was interested in history when visiting Vienna. But most interesting to me was Alaska. The wildlife and icebergs made me wonder if we are doing enough to save them for eternity. We are not and it will be sad that one day people will only have photos of what was once the most majestic place I have ever seen. It moved me and I will never forget the memories from that trip with my Father, Sister and Cousin.

What do you like best about your job?

I don’t like the hassle of taking off my shoes, belt and traveling with 3oz of hairspray (that will only last two days) when getting to my gigs but I sure love my job when I get there. I honestly feel proud when the audience laughs at a joke or applauds for a point I make when presenting my best stuff. I recharge my battery on stage, no matter how little sleep I got the night before because the plane circled Atlanta for hours. I will certainly miss it all someday.

If you could have dinner with anyone, alive or historical, who would it be?

My Dad. He left me too soon and I have so much to ask him and tell him. He would make me laugh and listen with love.

What are the words you live by?

“Live, Laugh, Love.” Reminds me to balance my world with hard work, not take myself too seriously and love deeply.

What do you want to be when you grow up?

When I was 7 I would have told you that I wanted to be a waitress. Now, I want to be in a position to deliver a speech that really matters. I don’t know what I will be doing when that day comes but I know I will feel a sense of purpose. Is that when we know we are grown up?

Do you speak any other languages, and which ones?

I speak Prada, Gucci and Canine. Just ask my dog, Mrs. Harry Winston.

If you could own one piece of famous art, sculpture, memorabilia or historic artifact, what would the item be?

The original copy if the Anne Frank’s diary.

What are some things on your bucket list?


Deliver a speech that matters.
Start my charity called “The Birthday Box” which will raise funds, decorations, cakes, gifts and wrapping paper for every underprivileged child to celebrate the one day that God made special in their lives, their birthday.
Walk into Target and spend less than $100. I don’t think it is possible for me but I will keep trying.
Have all of my friends in one place at the same time. Heaven!
Become a travel writer.
I have a theory about why dogs die so young. I want to write a book about it.

What was your last Do It Yourself project?

I painted my outdoor furniture. But the one I am most proud of is that I did my own laundry. I don’t do laundry.

What athlete or sports figure do you most admire?

Mary Lou Retton. She broke the mold when it came to the image of a gold medalist scoring a 10 in the Olympics.

What online sites do you visit?

Facebook, WSJonline, Delta, Hotels.com, ThinkGeek.com and of course NeimanMarcus.com

If you could have a super power, what would it be?

I heard Jenny McCarthy say one time that she always wanted background music playing in her life. I wish I had the power to always create that in everyone’s world. We would all feel like we were in a movie.

What’s something about you that few people know?

I get very nervous on stage. So nervous that one time I rushed off stage to use the ladies room and left my microphone on. I guess I a lot of people will know about this now!

Tuesday, May 8, 2012

It's Not Just A Parking Sign, It's A Statement

Marketing and retention is more than just flyers and ads. To be effective, you have to address everything you do as it is a reflection of your property's overall mission. Even a parking sign creates an impression. I spotted a apartment community whose tag line is "Our Residents Come First" yet the parking lot parking signage did not communicate this message. It says "Manager Parking Only All Others Will Be Towed"!

Being positive goes a long way. Your signage can actually reserve parking for your best customers and encourage others to participate in promoting your community in social media channels. Thumbs up to Glades Plaza for honoring their Mayor on FourSquare with a reserved parking space. I think this is much more important than reserving a spot for the Manager. Apartment communities also reserve parking for move in day so that the new resdient can have the best space that will put their moving truck close to the entrance door. Why stop there? I think we should have reserved parking for move out day also...and I am not talking about the eviction you are thrilled is finally leaving so you can re-rent the apartment to a paying customer! There are many great customers whose lives have changed and it no longer suits them to live at your community. A positive move out experience will ensure that they will continue to be brand ambassadors and refer friends to the apartment they once loved to live in. Reserve a parking space for these customers too!

There are spaces and places where you don't want your residents to park. Have a little fun with this message too. Funny trumps everything and will communicate a policy while still keeping a smile on your resident's face. Approach all decisions you make for your community with a customer service and marketing eye and not just your policy manual.

Friday, January 20, 2012

First Impression Failure at Quiznos


While searching for a lunch spot in Atlanta today, I stumbled upon a Quiznos. I was disappointed to see that "management" has reserved position A in the parking lot for themselves! While shooting this pic, two cars pulled into the spot and rolled on out with a puzzled look on their faces. This one sign says so much about how this restaurant feels about their customers. Let's call it, management before customers.

Each week I visit apartment communities all over the country. Sure, most of them have "future resident parking" signs in front of their leasing center. The trouble is, the team does not respect these spaces and they choose to park in the VIP spot. Don't you think we should make our residents feel like VIP's?

Before I jump off this point, I want to discuss your beloved golf cart. While I love this little gem as much as the next leasing consultant, it should not be parked in a future resident spot. A better plan is to put it at the end of the amenity cooridor. This placement encourages the leasing team to walk through the amenities at the start and end of the tour. The amenities add value to the apartment the customer is leasing. Set your leasing tour up for success. Nough Said!

Monday, January 9, 2012

Dressing For The Dollar Store, Walmart and A Leasing Office


Allow me to stand on my soapbox for a moment. What are you wearing today? Does it look like you deserve to write a $12,000 contract? Flip flops are not career appearal. Each day we need to look in the mirror and ask ourselves, "would you rent from you?".

I feel that we got a little too casual over the years. I blame it on Southwest airlines and their shorts, polo shirts and tennis shoes. They were the anti uniform of the day and today it does not have the same impact. But I still love uniforms. We need to update our image for 2012. The Southwest Airlines look is no longer kool. In fact, it is worn out. Find your team's personality and express it in your dress. Nothing says professional like a team all dressed to kill and matching. If you are going to spend the money on uniforms, get some bang for the buck and match.

The trend for 2012 is back to professionalism, after all, it is what set apart the "good guys" during the recession. America is dressing back up and opting for ballet flats instead of flip flops. It's time to come to the closing table in a pressed shirt and jacket again.

Monday, December 12, 2011

What Lionel Richie Knows About Marketing

The year was 1984 and the last thing I was thinking about an article I would be writing decades later for my marketing career. My head was full of ideas for my Sadie Hawkins Dance outfit and my date for the night. I popped in my favorite cassette tape called "Can't Slow Down" and started singing along with Lionel Richie. "Hello" became his most popular song of all time as it hit number one on 6 music charts. Executives at Motown Records hum this song because it helped lead the way for this album to be the best selling in the history of the company.

Can you hear it in your head? Sing along as we talk a little marketing.
When he was young, Richie watched beautiful women walk past but was too shy to talk to them. He thought to himself, "Hello, is it me you're looking for." Years later he started to write a song using the phrase but got stuck and gave up. But his record producer liked the line and urged him to finish it. Richie left this off his first solo album, but his wife Brenda liked it and insisted he include it on Can't Slow Down. And so the famous line was born that became my marketing mantra:

Hello, is it me you're looking for?
'Cause I wonder where you are
And I wonder what you do


Great marketing starts with knowing who you want to attract to your product. Who will think this is the perfect home? Who is looking for this location and amenities? After knowing who you are looking for, you have to go find them. Today, that task is not as hard as it was years ago. When I started in the busines, over 20 years ago (SHIT!), my manager would have us all meet on Wednesday morning to design a catchy tag line for the column ad in the weekend paper. Our favortie was "NOW pLEASING". Catchy? NOT! It was such a shot in the dark! We made gut decisions and ran with tag lines that sounded good to us. We had no idea until Monday if they were effective.

When I look back I wonder how we ever leased a property to capacity. What were we thinking? Well, I guess you do what you know is best until we know better. And that is the point of this blog. Friends, you know better if you would just read your reports. Every marketing source you are investing your meger marketing dollars will tell you information that is very helpful to your decision making process. You cannot do all the marketing you want but you can do some of the marketing you want. It is so important that you are putting your money where your future renters are. Read your reports. Listen to your vendors. Ask them pointed questions. Survey prospects and residents.

Today, in a meeting with my Apartment Guide rep, he actually advised me to pull out of print because my online presence was pulling qualified traffic. I could back up his data with my own. And, I don't care how big the gift basket is that the advertising source gives me on my birthday, if that ad is not pulling, I am not going to spend my owners money.

Make yourself look good by doing and asking the following:
1. Are you attracting qualified traffic? (I'd rather have 20 qualified people a week and 62 I am not sure about.)
2. Who currently rents are your community? Can they handle the rent increase we have planned for them in the next three years? Do I need to attract a client who can afford more? (Plan ahead.)
3. What source IS my best source for my qualified traffic?
4. Of my skips and evictions, what sources attracted them?
5. Do you know what your residents like to do in their freee time?
6. Do you know how to reach your residents and potential qualified traffic?
7. Do you still love singing along to Lionel Richie?
8. Are you using data to make decisions and not your gut?

Asking the questions in the lyrics of "Hello" helped Lionel reach the greatest success in his professional career. You have that opportunity too. Ask the right questions, listen to the answers and make the best decisions.

Friday, March 18, 2011

Thanks for Popping In!


Who wants microwave popcorn with a note on it that says "thanks for popping in"? NOT ME! I want instant gratification. I want some comfort food or a sweet treat. Replace that tired old popcorn prospecting gift with something new, sweet and delivers comfort - the Cake Pop.

I have personally tested every flavor they sell at www.JustABiteCakePops.com and they are all fantastic. I personally like the Red Velvet cake. Customize your pops to extend your marketing theme. You can have them individually wrapped and tied with a ribbon. This makes an incredible presentation.

Be sure to tell Mindy Himmel, the owner, I sent you by exercising this discount code "ALL123".

Next time I drop in your apartment community I would rather see Cake Pops versus cookies. Try something new!

Monday, October 26, 2009

How hard is it to say "I was wrong?"

I am a huge cheerleader for companies that innovate. The problem is with weak execution. Do not innovate until you truly understand your customer. So many companies today are trying to find ways to create "other income" to keep their doors open. I understand that paying the light bill is harder to do today and I caution executives to think about their customers before making decisions.

Let's look at the Web Van debacle. I loved this company. For me, a business traveler who loves a home cooked meal, I could arrange to have my selected groceries delivered with in an hour or two of arriving home from a trip. The last thing I wanted to do was to give a hour of the few I have to be at home to the chore of gorcery shopping. With Web Van, I could let my computer mouse do the shopping while sitting in a hotel room!

Web Van was one of the darlings of the techonology boom and quickly became a dot bomb. Many people wondered why and it was explained that the economics of having a warehouse and delivery trucks made the prices too expensive. It was suggested that they charge a delivery fee of $10. Web Van's CEO said that Web Van would never charge a delivery fee when it was one of the actions that might have saved the company.

As a loyal customer, I would have happily payed the $10 fee just to continue to have the service. Web Van made the mistake of not really understanding their customer and that what we benefited from the service was convenience and that was worth $10. And so today, Web Van is out of business, shareholders lost a fortune and I do not have my groceries delivered to my door. They were so wrong, the lights were out before they ever had a chance to admit it. Bottom line, know your customer or lose your business.

Another case study is USAirways who started charging for drinks and pillows. This is a company that keeps getting it wrong because they never seem to think about their customers. The funny thing about this mistake is that USAir actually thought they were wasting liquid because when they started charging for drinks, people drank less. In a matter of months, USAirways figured out that we were still drinking liquids, we just were not buying them on the plane and they still have the weight on the plane and trash to remove. The backlash and poor publicity cost this airline that already had a bad reputation due to the fact that their employees are either indifferent or downright rude because they simply do not like their jobs. This was a serious mistake that did not help the airline in any way. Complimentary drinks are now being served once again. Can we bring back the video equipment for the long flights?

When I think about these two examples I can only say that the mistakes could have been avoided had they known their customers needs and wants. And, if you do mistake your real customer, have the guts to say you are wrong and adjust.

Friday, July 31, 2009

The Digital Comment Card Takes a Stand

Join me as I take a stroll to “back in the day.” I am 21 years old standing in front of my closet looking at my navy blue uniform suit, trying to find something to add to the outfit to disrupt the image of a flight attendant. I try on a few blouses and different shoes and settle for a starched white blouse, a string of pearls and put my hair up so that I would look a little older. This is a funny image to me because now that I am “older” I wear my hair down to look younger! Why did I care so much about how I looked this particular day? Well, it is the day of our quarterly recognition rally called “The IMD Meeting.” This stands for “I made a difference.” The Vice Presidents would hand out awards for excellent shopping report scores, properties beating budget and certain individuals who stood out by doing something above and beyond the call of the job description. Everyone wanted to look their best for this meeting including me as I was hoping for a promotion to a position in the training department.

This meeting is a special one for me, I’ve been mystery shopped twice during the quarter and receive an excellent score on both reports earning me a certificate, some applause and $200 in my pocket. The big surprise came when I won the IMD award because the home office had received an overwhelming number of comment cards talking about various acts of service I’ve offered my important residents. Once again I stand up in my freshly pressed suit and proudly accepted my award. This was an amazing recognition and I tear up when I call my parents to share the exciting news.

I worked for a company that not only cared about the feedback our residents had to share with us, but also created a number of measurable opportunities to solicit this feedback. I’ve been thinking a lot about this while consulting with clients this summer. The hot topic in the marketing world is social media and everyone is trying to figure out what it is all about and if it is worth the effort. Much to my surprise, each client I have worked with this summer has been worried about the negative feedback that a resident may write on our Facebook wall, tweet about on Twitter or direct a scathing video for distribution on You Tube. While I understand the concern, I simply explain that these social media channels are the comment cards of 2009 and beyond. It is the new way for our residents to provide positive and constructive feedback so that we can reward our team members and improve the customers experience. This conversation derived from social media will be mentioned in award and recognition rally’s all over our industry.

This week, apartment pro’s and residents has been observing an interesting lawsuit filed by Horizon Realty versus a resident who posted a tweet to her mere 22 followers concerning mold in her apartment. Horizon felt the statement was unfair and grounds for libel. News of this lawsuit has been filling my twitter screen, discussed in other blogs, mentioned on the walls of Facebook and the topic of conversation in every corner of our country. What I think is interesting is that instead of using the tweet as a form of feedback from the modern day comment card, Horizon would like to argue that a resident cannot tell their friends and followers that they are upset with management. In a world where word of mouse is more powerful than word of mouth, Horizon’s lawsuit has sent the suspicion to thousands of people that they would rather sue a resident than to solve their problems. Now, in all fairness, the inside story may be quite different and Horizon has a good point to make, but the reality is that many will never hear that point as the thought that suing a resident who only has 22 followers and made a comment about mold makes them a landlord who does not care. Let’s remember, perception is everything and in this case Horizon has spread this perception to thousands of people through their law suit.

I am certain my consulting clients will want to use this scenario as a reason to avoid social media. Yet, I still stand firm, use this digital comment card to receive the feedback and show your residents you care. If a customer posts something on the wall, use this as an opportunity to publicly respond that you are glad this has been brought to your attention and want to make the residents home as comfortable as possible. I can promise you that if you abstain from social media, your residents will not. So, be a part of this conversation and see this as a channel to stay in communication with your residents. I admire Mark Juleen from JC Hart who reminded me at the Real Page Users Conference that we can use social media to show we care and when did it no longer become our job to show our residents we care? Good point Mark! See you at the IMD meeting.

Wednesday, July 8, 2009




Recently Published in Landlord Times: 6 Questions With Kate Good

1) What's your background? How did you come to be an apartment marketing guru?


I was a servi-bar attendant who lost her job and found that I was qualified to be a leasing consultant! I was so fortunate to have my first position in the industry with Trammell Crow Residential. We were building apartment communities on every corner and did not have a marketing department. We were a do it yourself kind of property. I was highly compensated to lease apartments and therefore very motivated to create my own traffic. Surrounding myself with great people the whole way allowed me to learn from every opportunity. I made leasing and marketing my area of expertise.

It did not take long to see who the stand out marketing people are in our industry. I study everything that Jamie Gorski and Jennifer Nevitt create. Each are so accomplished and very different in their approach. In addition, I keep a close eye on the brands that serve our residents. They spend millions of dollars on marketing experts and I get to observe their work for free.

Today, I feel something like a scientist because I am willing to test ideas and see the results. This is how I know what works.

2) What has changed the most since you started your multifamily housing career?

a. Our knowledge. We used to make gut based decisions. Now we have access to data and information and we can make wiser choices for our budgets, apartment design and positioning.

b. How residents use their apartments. No one eats dinner in the dining room and American also hang on to a lot of stuff. We need things like home docking stations and places to hang a flat screen. This consumer need repositions apartment spaces to meet their lifestyle.

c. The Internet changed everything in the sales and marketing world. In some respects it makes things so much easier to market and rent because we are able to communicate more information in a well positioned way to our current and future residents. In other ways it created non geographical competitors and made marketing more challenging.

3) What has stayed the same?

Salaries. Ok, just kidding. But I don't think they have grown enough to account for a 5% increase every year over the past 21 years!

On a serious note, the basics just seem to never change and are still important. A mentor of mine, Anne Sadovsky says "we are going to keep on teaching the basics until people start doing them." I could not agree more. The basic way we lease and market to our customers still has the same theme of attaching their needs to the attributes of our community and then asking for the lease.

I find great joy and comfort in the fact that many of the same people I worked with early in my career are still in the business. I recently reconnected with my very first boss Glenn Rand. Our paths have crossed a few times and I am so excited that he knew me when I was a Leasing Consultant and is proud of my work today. I learned so much from him. It really is important to never burn a bridge. Our business cards may have changed but the people are still the same great leaders that I enjoy doing business with.

4) How has the use of technology changed the business?

Access and response. Today we have greater access and quicker responses. What used to take six hours is now done in six seconds. I don't think anyone misses ledger cards! However this has also created more work for us. Our capacity for gathering information is amazing to me. The knowledge I gather by spending 8 minutes on Twitter is exciting. I am glad to see this technology revolution unfold and capitalize on the opportunities. I expect another technology revolution will change our lives in the near future.

5) You work with apartment marketers all over the country and you've pretty much seen it all. Does anything blow your mind anymore? Have you seen anything amazing during your recent travels?

I am seeing a lot of desperate marketing and this does not make an apartment community desirable. People are still leasing apartments during this slump. Instead of decreasing value we need to increase the value proposition by adding services and access through affinity programs. People love coupons these days. Why not build a great alliance with area businesses by giving them access to your residents through a community membership program? This would be a huge win for all parties and completely fits the mind of today's consumer.

Can you believe some properties still do not have Web sites? Amazing!

6) With the overall economy in the tank and the housing bubble evaporated, the apartment market has become pretty volatile and can be very different market to market. From a marketing standpoint, give us a brief state of the industry.

The game has changed and so should our marketing message. The industry should now focus on building value and retaining our customers. Calling an apartment "luxurious" won't sell in a savings minded economy. The focus is once again on the management companies to tighten up operations and expenses and also maintain value for our investors. I think the apartment rental market will recover quicker than other real estate sectors. New construction came to a screeching halt and that will eventually push demand as new supply stands still. This means the next two years have to be about maintaining and remembering that what we have always done won't get us what we have always accomplished. It is a time of retooling and doing it better than anyone else. A company's ability to learn and appropriately change faster and smarter than anyone else will be their key to success and survival.

7) With the troubled economy in mind, what words of advice would you give to someone who's just getting into the business? What about an apartment leasing veteran who's looking to recharge in this competitive environment?

For our newcomers, welcome. I have made a lifelong career in this business and you can too. Like you, I entered during a challenging economy and it made me smart and solid. You will learn faster than your peers did because of this timing. There are a lot of paths to be followed in this business but along the way simply be a standout in your current position and the business will always reward you.

To my fellow veterans, I offer you a challenge; get involved and be an educated voice in the industry. Start your own blog and/or resource Web site. You will be amazed at how much you know and how others will grow from your knowledge. A great place to start is www.MultifamilyInsiders.com. There are so many veteran's blogging on that site. When I post a blog on this site and www.KateGood.com my heart really starts to race when I get feedback that people are reading this and asking for me. Personally, this has renewed my spirit to grow again and expand my knowledge base.
This is a big year for me, I am celebrating my 21st year in the industry and I started at the age of 18. Do the math and you will see the second reason why this is a milestone year. I am amazed at my longevity. I used to be the youngest person in the room who could not have a sip of wine at a company meeting when I was 19 or rent a car when I started business travel at the age of 22. Now, I am a veteran? It seemed to all pass by so quickly and I was never bored because I followed my precious father's mantra to "never stop learning."

Kate Good has been leasing apartments her entire adult life. 12 years ago, she decided to start her own business as a professional speaker and marketing solutions expert. She consistently receives the highest marks possible for her content, presentation style and audience involvement. Never one to fall short of exceeding expectations, Kate insisted on answering 7 questions for this 6 question interview. Visit www.KateGood.com for her content rich blog and free leasing and marketing ideas.

The Landlord Times: Your source for multifamily and apartment news and landlord, property management, property maintenance & real estate investing tips.

Wednesday, April 8, 2009

Quick! Get out of your OWN way!

Sometimes we can be our own worst enemy. We reason our way out of things. We tell ourselves we can’t do something. We hold back from something we want because of fear. We have denied things we want saying to ourselves that we don’t deserve them. The list can go on and on and tomorrow we will add more self sabotaging behavior. I know because I often do this myself and I see this happening the in the lives of people closest to me.

Today, I want to encourage you to think about this and look at your actions and see if you are getting in your own way of having what you really want. When you actually see yourself doing this, it starts to feel a little silly and maybe you will reconsider.

I recognize that I have a tendency to want things to be perfect and set myself up for failure with such high expectations. People will disappoint me, I won’t be able to control everything in my life and there will be many times that I have to understand that while it may not be exactly the way I want it I really like what I experience.

The very best thing for us can often be standing right in front of us. It was always there, we just failed to recognize it really is what we want and what is best for us. Hold back no longer. Remove fear, insecurity, limitations and rules. Grab what you want and hold on. You deserve it. It is in your path for a reason so take it without expecting something more and take joy in what the universe has given to you. These are often the best opportunities. Fill each day with life and heart. There is no pleasure in the world comparable to the delight of being happy with what you have and knowing it is good enough for you.

When see self sabotaging behavior and thoughts, you have an opportunity to make a positive change for yourself. A good life is not lived by chance, but by choice. Choose to take bold steps in the direction of your dreams and don’t let anything or anyone hold you back. Don’t worry about what people will say! I have come to the realization that people don’t talk about me or think about me half as much as I think they are. They have lives too! The people closest to you want to see you succeed, not conform. They want you to be happy and will support your choices. Be not afraid to be the person you want to be. Ask yourself “if the life I’m living is the life that wants to live in me?”

Taking chances can be exhilarating. Step forward even if the opportunity is not perfect and make it what you want it to be. Nothing great in life was ever achieved without hard work. I admire the relationship of President and Mrs. Obama. Each one has been quoted to say that it does not come naturally and they make a concerted effort, everyday, to serve each other. They are not always perfect but they are better than most because each one try’s without reservation.

Geena Davis once said “If you risk nothing, then you risk everything.” Be brave and don’t let fear of rejection or failure be a reason why you never try. You must be fearful about what you are doing or it may not be the right thing for you. Fear is not bad when you are seeking something you love and want. Playing it safe will never deliver what gives you amazing joy and satisfaction. In fact without fear we might become complacent and lazy.

People always tell me that they could not do what I do as a professional speaker because they are afraid to be on stage. Guess what? Me too! Each time I turn on the microphone I have fear yet I also have the time of my life. I know this is truly where I am meant to be. How can fear and self satisfaction and joy all come from one experience? I often wonder if this is really the key to a well fulfilled life. I have learned that when I do not have fear, I am not ready to turn on the microphone. Turn that fear into positive energy to ignite the behavior necessary to succeed in any relationship, job, competition or opportunity.

When you look fear in the face and overcome it amazing things can happen for you. The most exciting experiences of your life will be your most recent memory that you will come to respect as the best that life has to offer you.

Twenty years from now you will be more disappointed by the things you did not do. So jump on your ship and throw off the bowlines. Sail away from the safe harbor. Catch the wind in your sails and don’t accept life as merely having what you can live with. Grab a hold of the things you can’t live without and embrace them. Enjoy the adventure and send me a postcard.

Monday, March 30, 2009

Deliver a Little Sugar

I know many of my rants, and very few of my raves, are about a travel experience. As a professional speaker and a marketing solutions consultant, I have to get on an airplane to meet my customers and audience. Let’s be real here, it is how I make a living. And so, I have weekly contact with a few airlines, hotels and rental car companies.

To quote from the safety demonstration which I have heard thousands of times, “the flight attendant is primarily on board for our safety.” I understand that the FAA has rules and regulations designed to keep passengers safe. What the FAA seems to not have is the ability to determine how those rules are delivered. Today for example, a USAirways flight attendant told me I could not keep my laptop in a seat back pocket. She barked the order at me and said it with such shame that my two seat mates even commented about her rudeness. I get it. A laptop could fly out of the seatback and hurt me or another passenger “in the unlikely event of a water landing.”

The FAA mandates that the flight attendant be on the lookout for all misplaced laptops prior to zooming down the runway. The FAA does not say to deliver those words with a little sugar and I think this is why people start to feel a little air rage from time to time. It would be better to say something like this: “excuse me miss, I know you want to get a little work done on the flight but the FAA requires laptops to be under the seat in front of you for takeoff and landing, would you mind moving it until we have reached 10,000 feet?” Sugar makes everything sweeter and more likeable.

Other people really want to like you and respect what you say. A good strategy to earn respect is to not only learn what to say but to develop the instinct to deliver those words in a kind and empathetic manor. In the south, people like sugar in their tea. In the north, people like sugar in their coffee. And, in California no one seems to touch sugar. But no matter where I go, everyone likes when sugar coats things we don’t want to hear.

Wednesday, February 11, 2009

Valentine Thought: 12% of all marriages are a result of an online introduction.

It happened again at lunch today....another online dating success story and a pretty new diamond on the left hand to prove it. Yes, two more people have found love through online dating. I also have a friend who met a wonderful man online and they had their first date on Valentin's Day. Wow, these online dating sites kick out results! And I thought I had to move to Phoenix to date a man! Little did I know people are finding their perfect match by clicking away.

Let’s think about this trend. I feel this means that, more than ever, people are trusting the Internet to be the hub of their social expansion. This is good news and means that Internet Listing Services (which act like Match.com but for apartments) will continue to gain popularity. The renter will see that the site can be trusted to help them with their relocation to a new apartment home.

A friend of mine recently told me that as soon as she knew she was getting divorced she hopped on to a dating site and got back in the game! (Results: After 34 coffee dates, she found Mr. Wonderful. They are getting married this weekend in Costa Rica!)
So, it must be true that if an Internet Listing Service helped the customer find their current apartment, they will return to that site when it is time to search for another apartment. For this reason, it would be wise to study not only what sites generate traffic but take it a step further and invest in the listing services that generate leases.

What makes an effective Internet listing? First off, would you consider meeting someone for a coffee date if you did not have a photo to view on the matching Web site? My guess is your answer is no. Same is true for apartment shoppers, they want to see photos. You can have unlimited photos so snap away and get them posted to the Web page.

Next, it is important to get the highest search ranking you can. Figure out which site is currently bringing in the most traffic and leases and maximize your presence by upgrading to their premium package. Make that site work even harder for you have already figured out it is money well spent.

And finally, follow up on every lead within an hour….yes, an hour. In fact, that is almost too late. In the world of texting and instant messaging, people expect a response now. They may forget about you in an hour and move on to the next profile, I mean apartment community.

Sunday, December 28, 2008

“We don’t compensate for the bad behavior of our employees.”

Can you believe I actually had an employee on the Continental Airlines 800-We Care 2 phone line tell me this? I was shocked to say the least. After telling the customer service representative the problem I recently had with one of their team members in Cleveland Ohio, I was told that they could not offer me compensation for the bad behavior this person exhibited when we had a mix up with seat reservations. Had the employee broken a policy, there may be compensation but apparently at Continental Airlines, there is no policy for treating customers with respect and kindness and therefore bad behavior is tolerated.

It has been said that one upset customer tells 5 other people, I just told you and you are one of thousands of people that visit my Web site each month! Gee Continental, would you like to amend your policy? Feel free to call me anytime at (480)888-5028 to discuss your change of heart.