An innovative residential property business was growing rapidly but:
Construction projects could not keep up with demand.
The archaic contracting process, skills shortages, rising construction costs and quality defects were impacting on construction programmes.
A leading international property services company had an unnecessarily low market profile in a local market compared to direct competitors:
The market was becoming increasingly competitive as a result of a development boom followed by an economic downturn, and office vacancy rates were rising.
The company was not sufficiently well recognised for its client services and strong client focus.
Projects
Real Marketing addressed the residential construction issues by:
Undertaking extensive market research on innovative construction solutions for initial discussions.
Conducting structured, in-depth telephone interviews with 'early adopters' and industry stakeholders to validate the market opportunity.
Working with the client to develop the market entry strategy and business plan.
The property services company's issues were addressed by:
A PR service to raise the company's profile in the targeted business market.
Research was undertaken on specific client services, and a range of employees and clients were interviewed.
Client Benefits
The residential investor understands this new market and the extent of this significant business opportunity but the risks are also understood.
An ambitious but comprehensive market entry strategy and action plan has been developed for this new business and its fund raising needs.
The PR activity may be developed into a PR programme to build on the client services theme.
The company's profile is being differentiated by its in-house technical and consultancy services, and the profile is starting to rise locally.
"The approach has been very pragmatic and demonstrated a good understanding of the property market as well as considerable creativity. Real Marketing has always gone beyond our brief, the research even generating valuable leads." Client's CEO