Overview
Industry
Student Housing
Location
Tucson, AZ
Involvement
Client
The Dinerstein Companies
*Photos / Renderings owned by Dinerstein
Opportunity
In the competitive landscape of student housing near The University of Arizona, The Parker recognized the need to distinctly stand out to its primary audience: students aged 18-24. To effectively reach and engage this demographic, GRO developed a strategy that not only included proven tactics like paid search, SEO, and geofencing display but also embraced the power of TikTok advertising. Understanding the significant presence of their target audience on TikTok, GRO tailored a campaign to capitalize on this platform’s vast reach among university students.
Another key component of this strategy was the implementation of retargeting within their social media advertising. GRO acknowledged that students typically don’t commit to housing after just one ad or website visit. Retargeting allowed The Parker to maintain a consistent presence in the digital space where its audience spends the most time. By continually surfacing The Parker’s messaging, retargeting ensured that the community remained top-of-mind for students as they navigated their housing decisions. This comprehensive approach aimed to not only introduce The Parker to potential residents but also to build a lasting connection, keeping the community front and center throughout the decision-making process.
100% Leasing Achieved. Digital marketing benchmarks exceeded. Strong outlook for 2024.
GRO’s innovative digital marketing approach, combined with their strategic use of TikTok, yielded remarkable results for The Parker. In its first year, this targeted strategy not only led The Parker to a stellar 100% occupancy but also secured a robust 90% pre-lease rate for the 2024 leasing season. The effectiveness of GRO’s campaign was further highlighted by its efficiency in conversions, achieving high conversion rates at a low cost. This success not only took great care of Dinerstein’s marketing investment but also underscored GRO’s capability in driving substantial results.
The triumph of this campaign showcases GRO’s expertise in navigating the student housing market and their ability to leverage emerging social platforms to reach and engage the target audience effectively. The Parker’s achievement of full occupancy and strong pre-leasing figures stand as a testament to GRO’s proficiency in translating strategic marketing efforts into concrete leasing successes, exceeding the expectations of both the property and its ownership group.
The Numbers
