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Housing DSTP

Date post: 06-Apr-2018
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    Team Members:

    Nishit Ratthe

    RakeshTatikondaDhiraj Manik

    Vishal Phadke

    Shveta Shamkuwar

    1

    SHRI Housing Complex

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    Agenda

    2

    y Housing Society: Parameters

    y VMO

    y Porters Five Forces Model

    y PESTEL Analysisy Marketing Plan

    y FCB

    y IMC

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    Housing Society: Parameters

    3

    y 5 minutes from rail/bus (3 cr)

    y 2 BHK (3 cr)

    y Unfurnished flats (1 cr)

    y Right in the city centre (2 cr)

    y

    Ample parking space (4 cr)Play park (3 cr)

    y Fairly good reputation. People trust you. People can expect to takepossession of their flats on time.However, construction quality seemsdoubtful (2 cr)

    y Builder has some experience (3 cr)

    y Security services (3 cr)

    Mr. Fixitall (Carpenter, Plumber etc.) (5 cr)

    y Promotion budget (1-3 cr)

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    VMO

    4

    y Vision

    To serve people by actively undertaking infrastructure projectsthereby contributing positively to the alleviation of the Indianhousing deficit

    y MissionTo become one of the top three housing developers in theIndian metros by 2015

    y Objectivesy

    Build quality homesy Ensure timely delivery

    y Gain customer satisfaction

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    Porters Five Forces Model

    5

    y Existing firms

    y Lodha Group

    y Tata Housing Development Company

    y New entrants

    y Affordable Housingy Commercial Real Estate Developers

    y Substitutes

    y Houses on Rent

    y

    Buyersy Market Demand

    y Suppliers

    y Fund Raising

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    PESTEL Analysis

    6

    y Politicaly Land acquisition

    y Economicy Price fluctuation

    y Market demand

    yProject funding

    y Socialy Displacement vs. Development

    y Technologicaly Construction material

    y Environmentaly Disposal of construction waste

    y Legaly Certifications and Documentation

    y Project clearance

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    7

    y Value Driver: Convenience

    y Value proposition: Guarantee of timely possession

    y Core competency: Land ownership

    y Sustainable competitive advantage: Land ownership

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    Marketing Plan

    8

    y Market Analysisy Real estate growth: 33%y Residential space: 80%y Offices, Shopping malls, Hotels etc: 20%

    y

    Consumer analysisy Professional careery Family life cycle stagey Financials

    y Competency analysisy Strengths: Good reputation, trust, timely deliveryy Weakness: Construction qualityy Opportunities: Commercial spacey Threats: Experience in building construction

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    Marketing Plan

    9

    y Marketing Problem

    y Selling unfurnished flats despite lack of experience and doubtful

    construction quality

    y

    Marketing Objectivey Getting order bookings for all the flats before completion of

    construction

    y Receiving total payment before giving possession

    y Enhancing reputation as a housing developer

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    Marketing Strategy (DSTP)

    10

    y Differentiation

    Possession of flats on time

    y Segmentation and Targeting

    y Based on lifestyle, age, annual family income

    y Based on need/benefit, age, annual family income

    y Positioning

    Dream home right in the city center

    TargetSegment

    Careeroriented (Busy)

    20-30 30--40

    25L

    40-60 >60

    Traditional(Housewife)

    Retired Adventurous

    TargetSegment

    Convenience

    20-30 30--40

    25L

    40-60 >60

    Hustle free Spacious Holiday home

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    2BHK unfurnished Flats, 5min

    from Rail/ Bus

    Play park, Ample Parking

    space, Mr. Fixitall, Security

    Permanent accommodation /

    living space

    Product

    4 Ps

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    4 Psy Place

    y Housing Agentsy Corporate Officey Housing Finance companies

    y

    Pricey 18 20% margin on projecty 60 75 lacsy Market situation

    y Promotiony Budget: 3cry ATL:Hoardingsy BTL: Brochures, Commissions to Agents, Commissions to partneringHFCs

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    Emotional

    Low involvement

    High involvement

    Rational

    FCB

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    IMC

    14

    y Hoardings

    y 10 high traffic Bus/Railway stations for a quarter (2.5 cr)

    y Brochures (2 lacs)

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    15

    Thank You


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