Summary
This article explores the importance of analytics in improving mortgage business performance. Learn how to leverage data to drive decisions, measure success, and optimize marketing strategies. By the end, you’ll understand how to utilize analytics to enhance your business growth and customer engagement.
In 2021, successful mortgage professionals need an effective online presence to compete with lending apps and digital mortgage programs. Utilizing a mortgage growth platform like BNTouch will help you to gain a competitive advantage for your lending business in today’s marketplace.
Convenience is expected in today’s lending market. Because of this, it takes more than just an appealing website to secure conversions and grow your business. The digital marketing tools provided by BNTouch CRM for Mortgage Professionals will allow you to personalize your promotional strategies to retain clients and widen your contact base.
Professional Landing Pages
The website templates offered through BNTouch make it easy to design a professional and easy-to-use landing page. Potential clients will often decide about your credibility as a mortgage lender within just a few seconds of viewing your website. Therefore, it is very important to have an impressive and user-friendly landing page.
BNTouch CRM makes it simple to design your front-facing web pages in order to convert more of your web traffic into high-quality contacts and clients. The integrated functionality allows you to effortlessly create various pages, contact forms, and 1003 forms for your lending partners.
Automated Social Media Marketing
Independent and community mortgage officers don’t often have access to full-time social media teams. Your work hours are incredibly valuable. The BNTouch includes automation tools for driving effective social media marketing campaigns to make your workflow more efficient.
In 2021, social media usage is higher than it has ever been. In order to successfully grow your business, you need a strong social media presence. Social media marketing can be managed conveniently from the BNTouch CRM portal. This will save you time and energy, while allowing you to cultivate personalized relationships with your contact network.
Automated Email and SMS Marketing
Not everyone in your potential client base is engaged with social media and not all communication is suited to the social media format. The BNTouch CRM lets you automate marketing strategies for messages that are more suitable for email or text.
Keeping track of all the open lines of communication between loan officers and contacts has never been easier. Automating your email and SMS communications also provides an effective way to keep up with client birthdays, loan anniversaries, and upcoming refinancing opportunities.
Customizable Video Marketing
Video marketing has been shown to provide one of the highest ROIs for mortgage professionals. Over half of marketing professionals worldwide cite video content as the most effective advertising tool.
The BNTouch Mortgage CRM includes a range of professionally produced mortgage content to help you stay top of mind with your partners and borrowers. Moreover, this engaging video content is customizable and can be tailored to your clients and contacts.
BNTouch offers the following customizable video marketing content:
- Birthday Videos – Never miss a client’s birthday again. The fun animated birthday videos from BNTouch can be customized and automated. These videos will let your clients know that you appreciate their business and value the relationship you have with them.
- In-Processing Videos – These informational videos provide basic overviews of the mortgage process. The animated video marketing content also provides useful information for clients, which will position you as a trusted point of contact for any questions or concerns they may have along the way.
- Loan Anniversary Videos – Reminding your clients of a loan anniversary is an excellent way to earn continued business. Whether it’s their 1st, 5th, or 10th loan anniversary, these animated videos provide an opportunity to inform your clients about exciting refinancing options.
Chat with Borrowers
The BNTouch CRM also allows you to conveniently chat with your contacts and borrowers. Answering your clients’ specific questions in real time will keep you top of mind with your contacts. The personal touch of real-time availability will give you a competitive advantage over online services and mobile lending apps in 2021.
Key Takeaways
- Analytics Help Optimize Marketing
Leveraging analytics helps identify the best-performing marketing strategies, enabling better decision-making and resource allocation.
- Data-Driven Decisions Drive Growth
Analyzing data allows you to make informed decisions, improving business performance and fostering growth.
- Measure and Refine Success
Regularly measuring your marketing and business efforts helps you refine your strategies for continuous improvement.
Commonly Asked Questions
- How does analytics benefit marketing strategies?
Analytics helps identify the most effective strategies, allowing for better decision-making and optimization.
- What role does data play in decision-making?
Data provides valuable insights, guiding informed decisions that improve performance and lead to business growth.
- How can analytics refine business strategies?
By measuring and analyzing efforts, you can refine strategies, ensuring ongoing optimization and success.
- What is the key takeaway from this article?
Analytics is essential for optimizing marketing strategies, making data-driven decisions, and ensuring business growth.