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A Sound Foundation: Laying the Right Building Blocks to Achieve Market Leadership - Bjorn Sprengers

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Singapore | Malaysia | Thailand | Indonesia The Right Building Blocks To Achieving Market Leadership BJORN SPRENGERS, CMO, PROPERTYGURU GROUP Kuala Lumpur | 26 th May 2016
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Singapore | Malaysia | Thailand | Indonesia

The Right Building Blocks To Achieving Market Leadership

BJORN SPRENGERS, CMO, PROPERTYGURU GROUP

Kuala Lumpur | 26th May 2016

2Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

“Singleness of purpose is

essential for all success in

life; no matter what may

be one’s aim.”

Says Who?

3Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

“Marketing articulates

purpose to provide

focus and direction

to the business”

Key Message

4Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Our Purpose

We help people find the HOME

they’ve always dreamed of

5Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Our Promise

We help

people

make

confident

property

decisions

We make the

property market

more transparent

We are responsive

to the varied needs

of property seekers

We offer

actionable

insights

6Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Leads

i

Content

Traffic

Leads

Advertisers

Revenue

Business Model

7Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Agents Developers & Banks

Scalable, run rate Bigger budgets, bespoke

Revenues

8Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

4

500,000+

16 Million

116 Million

1,100,000

Countries

Property Listings

Property Seekers Monthly

Property Pages Viewed Monthly

Sales Enquiries Monthly

~ $12 Billion Transactions Annually

PropertyGuru Today

Presence in 5 other partner countries:China, Myanmar, Cambodia, Vietnam, Philippines

We are #1 in

Southeast Asia

9Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

PropertyGuru’s Journey

10Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

1. Strategy

2. Execution

3. Cash

4. People

The Critical Decisions

11Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com Malaysia | Singapore | Thailand | Indonesia

Four Key Lessons of Growth

12Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Lesson 1: Innovate or Die

13Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

• Map search

• Mobile apps

• Agent Websites

• StreetView

• Facebook

• Floor plans

• Property comparison

(SmartSelect)

• Mortgage market

place

Proving the business:

Accelerate & scale:

Many Firsts

14Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Lesson 2: Branding is an Investment

15Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Active

seekers

Affinity

audience Demographic

General

population

Target

audience

Reach 3+80% 60% 40% 10%

Searchers other portals (dark social, Gmail, etc.)

Searchers in offline classifieds

Etc.

Affinity targeting

Look-alike modelling

Category-publications (sites, magazines, etc.)

Demographic targeting

Media channels & titles

Mass channels

Ca

teg

ory

pe

ne

tra

tio

n

(On

lin

e p

rop

ert

y)

Select Media Strategically

ONLINE

OFFLINE

Waste

16Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Work With Partners

17Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Lesson 3: Constantly Challenge Your Paradigms

Manage the

opportunity!

18Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

ZMOT or Die!

19Singapore | Malaysia | Thailand | IndonesiaPropertyGuru.com

Lesson 4: ‘Purpose’ is the Anchor

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THANK YOU!


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