1. WORKING ON SOLE – SELLING PROJECT
SAHIL SHAH
REGIONAL MANAGER
RE/MAX MUMBAI GUJARAT MAHARASHTRA
RE/MAX Mumbai Gujarat Maharashtra
2. ABOUT RE/MAX
•Wide Network
•Trust of a Brand
•Strong Technology
•Highly qualified Agents trained
in real estate
90 Countries: 7000 Offices : 100000 Agents : 39 Years
15 States : 135 Offices : 500 Agents
RE/MAX Mumbai Gujarat Maharashtra
3. ABOUT RE/MAX BROKER OFFICE
Past experience in •One of the first Broker
handling projects Offices in city
•One of the biggest
Profile of broker franchise offices in the
owner of the office country
Awards that the •Strong presence in
office has won corporate and builder circle
•System driven processes
Training that the to make your transaction
office has gone smoother and faster
through
RE/MAX Mumbai Gujarat Maharashtra
5. DEFINITION : MARKETING
Marketing is the activity, set of instruction and
processes for creating, communicating,
delivering and exchanging offerings that have
value for customers, clients, partners, and
society at large.
RE/MAX Mumbai Gujarat Maharashtra
6. 7 P’S OF MARKETING
Product
People
Positioning Price
Packaging Promotion
Place
RE/MAX Mumbai Gujarat Maharashtra
7. PRODUCT
Compare the product with comparable offerings
in the market place on a time to time basis
Provide comparative market analysis report to
determine the correct product pricing on a
quarterly basis
Features, amenities, project strengths and
weaknesses on a quarterly basis
RE/MAX Mumbai Gujarat Maharashtra
8. PRICE
Compare the price of the product to available
products in the nearby market
Price it as per the needs of the finance of the
builder and try to bring maximum profitability for
the builder
Correct mix of investor : end-user to ensure
project gets accepted well
Wrong pricing can help nearby projects
RE/MAX Mumbai Gujarat Maharashtra
9. PROMOTION
Above the Line promotion
Local channel operators
Local radio
Out of home
Magazines / Local supplements
Nearby cinema
Hoardings
RE/MAX Mumbai Gujarat Maharashtra
10. Below the line Promotion
Direct mail
Sales Promotions
Flyers
Point of sale booth at various places like malls,
stations, offices
Telemarketing
Brochures
RE/MAX Mumbai Gujarat Maharashtra
11. WEB PROMOTION
Separate website
Specific promotion through Google Adword
Social Media Promotion
Listing on key portals
Managed Promotion on portals
Search engine optimization
RE/MAX Mumbai Gujarat Maharashtra
12. EVENT BASED SELLING
Key Milestones of project:
- Pre-launch, Bhoomipujan, launch, 25%-50% and
75% of project completion
Festival based selling:
- Akshaya Tritaya, Diwali, Christmas/New year
Education based selling
- Brokers / End-user meets
CSR Events
- Blood donation drive at project
RE/MAX Mumbai Gujarat Maharashtra
13. PLACE
Ensuring participation in key exhibitions at national and
international level to sell the product
Display and information in key targeted corporate in and
around the area
Local : MCHI, Times Property Show
- DNA Property
International : RE/MAX shows around the world
Property exhibitions like Sumansa, Pan-Eastern in
Middle-East, Europe and Africa
RE/MAX Mumbai Gujarat Maharashtra
15. POSITIONING
Position it to sell
Ensure that genuine buyers are able to consider
the product
Build a brand so customers perceive us positively
and position brand as a customer-centric
Helping define a position in the market and
working towards achieving excellence in the
same
Awards and rating agencies
RE/MAX Mumbai Gujarat Maharashtra
16. PEOPLE
Well qualified trained agents / staff to market the
project
Local association promotion
Creating an agent centric attitude to ensure
more people are working on the field towards
your project to sell it faster
RE/MAX Mumbai Gujarat Maharashtra
17. AND..
Tieups with major housing finance companies
Ensure local key influencers are updated and
apprised on regular basis
Community Involvement through raising of
issues of local concern and participation
RE/MAX Mumbai Gujarat Maharashtra
18. FINANCIALS
Be sure who is bearing cost of marketing
Site office, sales office, cost of housekeeping
agencies etc
Be clear on when to say NO and understand your
profitability game
Ensure there is no parallel selling on the project
Be careful whom you are loyal to work on in the
transaction
RE/MAX Mumbai Gujarat Maharashtra
19. Thank You
Feel free to send any of your questions to
helpdesk.mgm@remax.in
RE/MAX Mumbai Gujarat Maharashtra