BetterBot Ranks No. 334 on the 2023 Inc. 5000

BetterBot Ranks No. 334 on the 2023 Inc. 5000

August 16, 2023

BetterBot Ranks No. 334 on the 2023 Inc. 5000  

With Three-Year Revenue Growth of 4,018%, BetterBot Ranks No. 334 Among America’s Fastest-Growing Private Companies 

NEW YORK, August 15, 2023 – Inc. revealed today that BetterBot ranks No. 334 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000. 

“We are thrilled and humbled to be recognized on the prestigious Inc. 5000 list. This achievement is a testament to the dedication and innovation of our team, whose relentless pursuit of excellence has driven our company’s growth,” says BetterBot CEO & Co-Founder, Zlatko Bogoevski. “As we celebrate this milestone, we remain committed to our core values and unwavering in our mission to deliver exceptional value to our customers. This recognition energizes us to continue pushing boundaries, embracing change, and shaping a future that is even more remarkable.”

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years. 

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23. 

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.” 

“We have to give a lot of credit for this award to two very important groups: Our BetterBot team and our clients,” said Robert Turnbull, President & Co-Founder of BetterBot. “Something special happens when you bring together a team of bright, motivated people who genuinely care for each other, and that’s the wonderful folks here at BetterBot. And to our clients who saw and see where this technology is going and have a shared vision that we’ll all get there together. Thank you.”

About BetterBot

BetterBot’s business has continued to grow over the last year, with new products and services regularly thrown into the mix. They are multifamily’s #1 automation platform by creating technology that makes life easier for leasing teams. BetterBot offers the multifamily industry technology using AI chat along with lead nurturing to save onsite teams time and money. It is the leasing agent that never sleeps and engages prospects and residents alike to help them find the information they need wherever and whenever they need it. To learn more about BetterBot, go to BetterBot.com. 

CONTACT:

Tiffany De Alva

760-277-1182

tiffany@betterbot.com

More about Inc. and the Inc. 5000 

Methodology 

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. 

About Inc. 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference & Gala, slated for October 31 – November 2 in San Antonio, visit http://conference.inc.com/. 

August 16, 2023
ResidentSkill

Introducing BetterBot’s ResidentSkill

August 14, 2023

It costs more to bring in a new resident than to keep an existing resident — that’s a fact. By having open and effective communication with residents, they are more likely to be satisfied with their experience and incentivize them to stay in your community longer. 

In the past, residents have struggled to find the information they need on their own terms. Leasing offices are inundated with assignments relating to prospects and residents alike. There is no way on-site teams can be everywhere at once, which is why BetterBot is taking even more of the busy work off their plate. 

Introducing BetterBot’s Automation for Residents — ResidentSkill

BetterBot’s ResidentSkill assists current residents with finding information on their terms. Instead of calling the office for non-emergency maintenance assistance, residents can now enter their own maintenance requests within the bot. BetterBot will capture their information, and the resident can rank the severity of the request. 

Residents can also find quick answers to their questions with a few touches of a button. For example, they can find who to contact when the property is closed, such as a courtesy officer or other much-needed resident contacts. In addition, ResidentSkill will assist with move-in and move-out tasks that need to be completed. This saves the property’s time and the residents, as well. 

Where can I sign up? 

Simply fill out the contact form below or email us at sales@betterbot.com to learn more and get started. We have some special offers for early adopters of Resident Skill, so don’t forget to ask for more information. Stay tuned for more information on product launches and enhancements.

August 14, 2023

3 Ways To Master Omnichannel Marketing in Multifamily

August 9, 2023

What is omnichannel marketing? 

Omnichannel marketing is a way to reach your customers through multiple sources. Your prospects are finding you in a myriad of ways. You can reach them no matter where they are to find the information they are looking for quickly and turn it into a lease through omnichannel marketing. 

Here are 3 ways to master omnichannel marketing: 

Knowing what platforms your customers use the most

Take some time to research where your traffic is coming from. Find out which platforms are most used by your customers so you know where to focus your energy. Then you can market heavily on these platforms to reach your prospective residents using omnichannel marketing. Some that have been most popular sources in the multifamily industry include: 

  • Google
  • ILS Accounts
  • Craigslist
  • Facebook
  • Yelp

BetterBot is one chatbot solution that integrates with just about everyone, so you never miss a prospect. This product is easy to use on any platform, including Facebook, Instagram, Twitter, Pinterest, ILS accounts, and more. Help create a seamless experience for your customers so they remember your product and are more likely to lease at your community. 

Consider the customer experience.

It’s important to consider how your customers are finding the information they need. Are they sending your property a DM on Facebook? Are they filling out the contact form on Apartments.com? Consider where it would be best to reach them on their journey. You’ll also want to consider what point in the conversation they should enter. 

Think about your online reputation. What are your reviews saying about your communities? Are there processes that can be improved? Is there an easy way you can win over a disgruntled resident? A vast majority of prospective renters read online reviews before deciding, so your online presence must tell a story you can be proud of. 

Customize your user experience so they can join at any point in the conversation you choose, including scheduling an appointment, virtual tours, or giving them the whole experience. Cater to your customer by meeting their needs and providing them with precisely what they’re looking for.  

Measure results 

Take time to measure what’s working. This way, you know what is resonating with your customer and what to focus your attention on. There are several ways you can gauge your property’s performance. Some of the top vital metrics worth considering include: 

  • Guests Greeted
  • Conversations Shared 
  • Appointments Set
  • After Hours Conversations
  • Hours Saved
  • Dollars Saved 

Be sure to use tools with robust reporting that will help you navigate how you can best serve your prospective renters. Evaluate what’s working on an ongoing basis so that you stay up to date on the latest trends for your user’s journey. 

Adopting an omnichannel marketing strategy is going to help you reach more prospects than before. You can be sure that your prospects are always catered to, and BetterBot can help. Check out more information on how to boost your omnichannel marketing efforts.

August 9, 2023
Multifamily Automation

Automation Best Practices in Multifamily

August 7, 2023

Automation can be used in various ways, especially in the multifamily housing industry. It can enhance the resident experience, increase operational efficiency, and streamline processes. Critical areas for automation in multifamily can include leasing processes, resident services, and communication/engagement. 

Implementing the right kinds of automation can be the difference between 1 and 100 hours of extra work in a month. Investing in automation that works can save your team immensely. To make the most of how your systems are working, there are best practices to put into place from the beginning. 

Automation Best Practices in Multifamily Housing

Implementing a comprehensive automation strategy

First, you’ll want to assess your automation needs by looking at your pain points. What processes are taking the most time for your leasing teams? What areas require human interaction, and what would be easiest to automate? Define your goals and objectives based on the information you find. Then you can prioritize your initiatives based on impact and feasibility. Decide which tools make your life easier, and look for the best options.

Choosing the right automation technologies and vendors

Conduct thorough research and due diligence on all the platforms available. Compare the value you pay for each platform, and decide which makes the most sense for your company. It’s essential to evaluate the scalability of your portfolio and what integrations are available. Do they play nice with other vendors? Seek recommendations and references from other industry experts to understand the success of a tool’s functionality.

Ensuring seamless integration and interoperability

Once you’ve found the right tech stack, establish open communication protocols and standards from the beginning. It’s often practical to complete a 90-day test period on a few properties before rolling out a product to the entire portfolio. This way, you can ensure the compatibility and functionality of the product before involving more parties. You’ll want to take the time to integrate different automation systems and platforms as much as you can to make the most of your automation. 

Providing proper training and support

Once you’ve finished testing your products, you are ready to roll out to the entire team. Training staff on new automation technologies and processes is critical. Ensure the tools you have partnered with offer ongoing support and troubleshooting assistance. Encourage your team to share feedback addressing any concerns so that you can share it with the appropriate groups. 

Case Studies: Successful Automation Implementations in Multifamily Housing

Check out how these companies have implemented automation techniques to save their teams time and money:

  • Paradigm saved over 6K hours by implementing chat and lead nurturing technologies
  • ITEX saved over $115K by implementing automation for their primarily affordable communities
  • Highmark saved their properties over 104 hours a month by automating processes

Automate Away

At the end of the day, implementing the right automation solution can assist in several ways. On average, teams using BetterBot’s automation platform save about 100+ monthly hours per property. That saves their team $2,000+ and helps reach prospects they may not have previously been able to. Implementing these best practices when choosing your automation can help ensure everything goes off without a hitch. Embrace the automation tools available to improve efficiency and satisfaction for both prospects and residents. 

August 7, 2023

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