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Dennis Ooi Kok Peow

15th January 2010
Preface

    On 23 December 2009, the Star reported:

     “The property sector may experience an oversupply next year due to a
    burst of launches from developers that have been held back since the
    start of the global economic crisis.”
     Association of Valuers, Property Managers, Estate Agents and Property Consultants in the
    Private Sector, Malaysia (PEPS) president James Wong said developers would need to come up
    with

    “creative ways” to maximise sales.”


              Dennis Ooi                 SHC                         SHC Sales

                 • Creative                   • Existing                 • Maximized
                   Ways             +           Practices       =



2
Limitation

    The list of creative ways presented in this presentation were
    developed based on the desk research I have performed and the
    judgement call I have made. As you may know, appropriate
    strategies could only be derived after going through a complete
    strategic marketing planning process and desk research has a lot
    limitations, the data could be outdated, inaccurate and incomplete.
    My main objective is to convince you that I can contribute
    significantly to the sales growth of SHC by bringing in creative
    ways of business development not currently applied by the
    competition and are built on the current practises without over
    elaborating on the background information to justify the options
    selected. It is my intention to keep the information presented in
    this presentation short and concise as not to bore you. The
    creative ways that I am suggesting are designed to exploit the
    weaknesses in the competition, creating new competitive
    advantages for SHC, and hence, achieving the objective of
    maximising SHC sales.

3
Agenda

     Outcome       Levers          Agenda             Dennis Ooi’s Responsibilities

                                                     To market and widen the customer base of
                               1   Marketing          the Company’s products and services
                                   Strategy          To analyze industry trends and competitors,
                                                      assess marketing opportunities and from
                                                      target markets.

                                                     Intelligence gathering on customers and
                  The Right    2   Intelligence       competitors to expand company’s products
                    Focus           Gathering         and services reach and to grow the
                                                      business.

                                                     To strategies and formulate marketing plans
                                                      and activities, to implement strategies to
                                   Targeted
                               3                      accomplish set targets.
                                   Marketing
                                     Plan            To conduct marketing presentations to and
      Maximized                                       negotiations with prospects.

        Sales                                        To manage and build strong business
                                                      relationship with existing customers and
                               4   Connecting         business partners.
                                   Customers
                                                     To prepare marketing and promotional
                                                      materials and kits.

                                                     To subscribe to and abide by the Group’s
                               5   Appealing          Core Values by ensuring the Group’s core
                  Fortifying       Marketing          Values and any changes to the Group’s Core
                                   Materials          Values are communicated to all
                                                      subordinates.

                                                     To assist in realizing the business targets by
                               6     Internal         working closely with other divisions or
                                                      departments in pursuing common goals.
                                   Communicat
                                       ion


4
Marketing Strategy                                                                   1



                                     • Promising Quality (allowing higher
                                       price)
                 Strengthen the      • More likely to be selected (against the   1.1
                                       competition)
                     Brand           • Engendering Trust Loyalty (develop
                                       buyers into evangelists)



                              • A fast and cost-effective way to build market
                                awareness and sales interest
                    Joint     • Leverages the strengths of the various partners in     1.2
                                the Joint Marketing partnership
                  Marketing   • Creates market differentiation for the Joint
                                Marketing partners by virtue of the collaboration




                                    • A platform for new lead to enjoy SHC brand
                                      experience
                      Building      • Secure SHC’s place in its customers’ lives by
                                                                                         1.3
                     Customer         identifying which households are good targets
                                      for additional purchases
                      Loyalty       • Deliver short term, incremental revenue
                                      through opportunistic marketing programs




5
Marketing Strategy                                                 1.1
    S t r e n g t h e n   t h e   B r a n d

     The Creative Brief



       Get        customer, staff, community, general public
       Who        visit, buy, own, enjoy, think about SHC
       To         have a better perception about the company
       By         delivering a consistent Brand communication
       Thru       testimonials, PR activities, events sponsorship,
                  positioning statement, employer branding, seminars
       While      retaining a message of Diverse, History and
                  Excellence



6
Marketing Strategy                                                                  1.1
    S t r e n g t h e n     t h e   B r a n d

     The Creative Brief

       •   Clear and consistent brand image

       •   Uniform styles

       •   In all forms of written and visual communication




                 ABC
                                                Colours used with online publications




                                                 Logo appearing in most documents



7
Marketing Strategy                                                                           1.1
    S t r e n g t h e n          t h e      B r a n d

      The Creative Tactics
                                                                                Events
           Testimonials                        PR Activities                 Sponsorships /
                                                                                 CSR
      Obtain satisfaction        Publishing books titled                  Give out bags and T-
       endorsement from                                                     shirts with SHC logo
       previous customers          1) “Legacy of See Hoy Chan”              to orphanage homes
       (written and video)
                                   2) Property trend in Damansara 2009 -    Organise and
      Creates corporate           2019                                     sponsor major sport
       video, showcase all the                                              events like
                                  Contribute newspaper articles
       previous properties                                                  marathon to be held
                                   discussing about
       built by SHC                                                         in Damansara
                                   1) The latest building construction      Uptown
      Create past success         method used by SHC (e.g.Green
       stories in the form of
                                   Building)
                                                                            Sponsor major
       articles / case studies                                              transplant surgery
                                   2) The price appreciation enjoyed by     performed by IJN.
                                   the previous SHC customers

                                   3) Corporate real estate strategy




8
Marketing Strategy                                                                                1.1
    S t r e n g t h e n                   t h e     B r a n d

      The Creative Tactics

         Create a Positioning                        Employer
                                                                                 Seminars
             Statement                               Branding
      “Creating new lifestyle and             Becoming the             “Techniques for Property
       value for you since 1952”                  authorized             Condition Assessments”
                                                  employer for
       Example from Others                        Chartered              “Formulating an
       1) DLF Ltd.
                                                  Accountancy            appropriate corporate real
       = “Building India”                                                estate strategy”
       2) Sun Hung Kai Properties Ltd             Training
       = “Building homes with heart”                                     “Planning your future by
       3) CapitaLand Ltd
       = “Building for People to Build
                                               Work with                choosing the right home”
       People, Building People to Build           accredited schools
       for People”                                to train interior      “How the design of a
       4) Dijaya Corporation Berhad               designer, architect    house could affect your
       = “Building with passion”                  and civil engineers    emotion, hence your life”



         Targeting people looking for new property,
         and for us to collect name card and build
         the marketing database




9
Marketing Strategy                                                                      1.1
     S t r e n g t h e n          t h e        B r a n d

       The Creative Tactics
      Web design
         Layout, navigation, colour, graphics, multimedia, content presentation,
          functionality and accessibility

      Additional Web Information

           About SHC                                 News
           • Corporate video, showcase all           • Public relations activities
             the previous properties built
                                                     • Newsletter download
             by SHC
                                                     • All the previous newspaper clips
           • Timeline for the history of SHC
           • All the awards, certification,
             special achievements obtained           Customer Services
           • All the testimonials given by
             previous customers                      • A forum for SHC Community
           • Past success stories                    • Form for customer to complain
                                                     • Form for anyone to contribute ideas
                                                       for improvement



10
Marketing Strategy                                                                                                                                                                             1.1
     S t r e n g t h e n                                             t h e                         B r a n d
                                         Example for illustration only
                                                                                                                                                                           Should be multi racial with
                                                                                                                                                                               a few Europeans

                                                                                                                                                                             Large unused header
     About SHC           Our Expertise      Projects            Customer Services                News               Join SHC             Search               Contact Us    occupying screen space
                                                                                           Latest Projects

                                                                                                                                                                                  Slides Show

                                                                                                                                                                                Latest Campaign


                                                                                                                                                                            Headlines are current and
                                                                                                                                                                                  informational
 Latest news                                                                           Sales and Leasing                               Links
                                                                                                                                                                                Others Dedicated
 SHC supports anti-drink driving campaign                                              Home for sale                                   SHC Club
 SHC wins the Most Outstanding Development                                             Home for lease                                  SHC Book Club
                                                                                                                                                                                   Websites
 Prospective house-buyers camped overnight                                             Office for sale                                 SHC Capital
 Understand Your Loved Ones campaign                                                   Office for lease
 Parent and children explore creativity together                                       Productivity software
 Healthy Family Living                                                                 General insurance




                                               Terms, Conditions and Disclaimers. Copyright © 20010 All rights reserved. Powered by SHC Business Solutions Sdn Bhd


                 “The essence of good web site design is to
                 deliver the message in a well balanced and
                 subtle fashion” - www.sourcewrite.co.uk
11
Marketing Strategy                                           1.2
     J o i n t   M a r k e t i n g

      The Client’s Brief

         Get   Potential customers
         Who   visit, show interest, call, ask, think about SHC
         To    realise the brand promise
         By    delivering service, recognising, creating
               convenience, providing information, being
               helpful
         Thru Joint marketing with selective partners
         While retaining a message of Diverse, History and
               Excellence



12
Marketing Strategy                                                                                                                       1.2
     J o i n t        M a r k e t i n g

       The Creative Tactics

          Private                                           Charter Flight                                            Trade Promotion
                                 5Star Hotels                                                   Banks
         Hospitals                                           Companies                                                Organizations


                                                                                               Targeting:
         Targeting:                                                                            Credit Card               Targeting:
                                    Targeting:                  Targeting:
         Medical                                                                               members and               Foreign
                                    Tourists                    Tourists
         Tourists                                                                              Private Banking           Investors
                                                                                               clients

         SHC newsletter             SHC newsletter              SHC newsletter                 SHC newsletter                Special SHC
         as a reading               as a reading                as a reading                   as a reading               Magazine sent to
                                                                                                                             investors to
         material for               material for                material at the                material at the           promote Malaysia
         patient                    hotel guest                 waiting lounge                 waiting area              as the regional HQ



                                    Infomercials                                               Infomercials
         Infomercials                                           Infomercials                                              Infomercials
                                    for entertaining                                           entertainment
         for inpatient                                          for In-Flight                                            entertainment
                                    staying in                                                 at the waiting
         entertainment                                          entertainment                                             at the office
                                    guests                                                     area


                                                  Joint funding of campaigns; training and support


          The main objective is to create new leads and entice them to join SHC Loyalty initiatives. Golf Clubs are
          excluded as most of them are related to our competitors.




13
Marketing Strategy                                        1.2
     J o i n t   M a r k e t i n g

      The Creative Tactics

                      Example for illustration only




                                       ABC
                                     SHC Loyalty initiatives




14
Marketing Strategy                                                    1.3
     B u i l d i n g   C u s t o m e r    L o y a l t y

      The Client’s Brief

       Get        potential, new and old customers
       Who        visit, ask, own, enjoy, think about SHC
       To         realise the brand promise
       By         delivering service, recognising, creating convenience,
                  providing information, being helpful
       Thru       Welcome Kit, Loyalty Communications, Prospect
                  Prioritization/Extending the Dialogue, SHC
                  Magazine, SHC Owner’s Circle, Cross Sell and Up
                  Sell Marketing, Opportunistic “Quick Win”
                  Programs
       While      retaining a message of Diverse, History and
                  Excellence

15
Marketing Strategy                                                                                                  1.3
     B u i l d i n g             C u s t o m e r              L o y a l t y

       The Creative Tactics

                                                                                       Create a central system of
                                                                                       measurement to
                                                Data Access
                                                 & Analysis                               record a broad range of
                                                 Software                                  information on SHC
                                                                                           consumer
                                                                     Marketing Staff        Campaign, response,
           Customer
          Transactions
                                                                                                and lifestyle data
                                                                                            >100 appended
                                                                                                individual and
                                    Marketing                                                   household data points
                                    Database
                                                                   Customer Service
                                                                                          monitors communications
                                                                                           and response from
                                                                                           prospects and customers
                                                                                            Measurement includes
                                                                                                cost per response and
                                                        Appended
                                                         Data &                                 cost per sale
                                                        Modeling                          view the full shopper-owner
        Inputs from Frontline,
            Phone, Web
                                                                                           cycle from first point of
                                                                                           contact, through sale and
                                                                                           cross sale
                                   Web Site




16
Marketing Strategy                                                                1.3
     B u i l d i n g     C u s t o m e r       L o y a l t y

       The Creative Tactics

         Central system of measurement,
         the benefits to SHC
            Ability to prioritize prospects and customers based on their likelihood
             to buy
            Identification of “low hanging fruit” – programs that can be quickly
             implemented to generate revenue in the short term
            Refinement of customer communications
              Non-mailed groups that are measured against the mailed groups
              Integrated database used by all groups
              The right information to the right customer at the right time
            provide a consistent form of measurement
              Cost per lead, response and sale measurement
              Cross-penetration of product purchases
            Reduced communication expense
              Fewer pieces mailed with higher effectiveness



17
Marketing Strategy                                                                                    1.3
     B u i l d i n g      C u s t o m e r               L o y a l t y
       The Creative Tactics

                                 Core Communications Program

                General Goals:             To new product owners,        To 3 and 4 year products
                                                   Goals:                     owners. Goals:
           • Immersion in the SHC         • Increase the                 • Purchase other SHC
             Experience                     repurchase rate                products
           • Promotion of Owner’s         • Multiple products in         • Capture information
             Circle                         each household                 about their preferences,
           • Purchase of other SHC                                         lifestyles, real estate
             products                                                      interests, etc. useful for
                                                                           further dialog



                   SHC Loyalty initiatives cover the entire ownership experience



                                                                               Multiple
                      Loyalty                                       SHC                       Opportunis
                                     Extending                                Properties
         Welcome                                                                              tic “Quick
                     Commun              the      Newsletter       Owner’s      Owner
           Kit                        Dialogue                                 Program
                                                                                                 Win”
                      ications                                      Circle                     Programs
                                                                              Programs




18
Marketing Strategy                                                                1.3
     B u i l d i n g     C u s t o m e r         L o y a l t y
       The Creative Tactics

                               Core Communications Program

          Welcome Kit for New Purchaser
                                                        Welcome Kits Strategy
         • A personal welcome kit – that
           owners realize was created just        • Provide new owner personalized
           for them                                 fulfillment information on a
         • It arrives within the first 30 days      weekly basis
         • It is a dialogue opener, an            • Recover key information
           invitation to the SHC experience
                                                    requested
           that extends over a full year
         • Each of the kit pieces enhance         • Maintain owner files based on
           your perception of the SHC Brand         collected information for future
           and the Experience                       programs
         • Multiple calls to action which lead    • Identify customers by financial
           you deeper into the Experience           status, and preparatory
         • It inherently fosters the                segmentation (i.e. loyalty,
           collection of information needed         activity, etc.)
           for further relationship dialogue



19
Marketing Strategy                                                                1.3
     B u i l d i n g       C u s t o m e r    L o y a l t y
       The Creative Tactics

                                  Core Communications Program

                  Newsletter Content                    Newsletter Strategy
         •   New products
                                             • Ongoing collection of news and information
         •   SHC awards                        of interest to SHC product
         •   Testimonial from other owners
                                             • Owner surveys to determine preferences
         •   Ratings by leading magazines      for:
         •   Why SHC products are superior
                                               • News, information, and topics
         •   The history of SHC
                                               • Communication Channel (email or print)
         •   Event calendar
         •   Sponsorships
                                               • Frequency
         •   SHC Brand Values                • Begin with a printed newsletter to gather
                                               email addresses
         •   Home and Office Assistance
         •   Servicing requirements            • Move to email newsletters as quickly as
                                                 possible
         •   SHC Insurance
         •   Other Events                    • Multiple offers to generate owner response
         •   Secondary market transaction    • Promote the use of Owner’s Circle
         •   SHC Owner Clubs
         •   Owner’s Circle
         •   Local news featuring SHC

20
Marketing Strategy                                                                             1.3
     B u i l d i n g         C u s t o m e r          L o y a l t y
       The Creative Tactics

                                   Core Communications Program
                                             Prospect Communication
             Prospect Strategy:                     Strategy:
                                                                               The Loyalty and
                                        • Direct Mail and E-mail integrated
          • Prospects developed                                               Prospect Programs
                                          communication plan
            from all contact
                                          • Alternating content delivery      • Something new
            sources:
                                            mediums                             every quarter
            • Telephone, Direct
                                          • Each reinforcing the one that     • Programs for
              Mail, Show Office,
                                            came before it                      Women/Minorities
              Events, Internet
                                        • Use of database information to      • Second home
          • Centers receive
                                          drive customization and             • Commercial
            qualified leads
                                          relevance                             property
            electronically within 48
            hours of receipt            • Each communication introducing        investment
                                          a new piece of the SHC              • Congratulatory
          • Prospects get SHC
                                          Experience                            Mailings to > 3
            message within 48
            hours                       • Integration with off-line and         years product
                                          online marketing activities           Owners
          • Every lead tracked
            electronically, with        • Prospects given the opportunity     • Seminars
            daily, weekly, &              to opt-out at any point             • Referral Programs
            monthly reports for         • Prospects removed from
            business development          program if they purchase a
                                          product




21
Marketing Strategy                                                                                             1.3
     B u i l d i n g          C u s t o m e r               L o y a l t y
       The Creative Tactics

                                      Core Communications Program
                                            Example for illustration only
           Something new every                                                                   Commercial Property
                                         Woman Program                 Second Home
                quarter:                                                                            Investment
         • Q1 Property Birthday     • Identify ways to build     • Identify households that   • Identify those current
         • Q2 Property Investment     relationships with           are prime prospects to       owners who are most
           Opportunity                female owners:               purchase a second            likely to purchase a new
         • Q3 Second home             • Bring them to the          property                     commercial property
         • Q4 New Launching              Brand, and keep           • Analyze multiple         • Invite these special
                                         them longer                  purchase households       people to be among a
                                      • Appeal to their            • Target groups most         small group who are
                                         unique needs                 likely to purchase a      allowed to preview the
                                      • Recognize the                 second house              new launching
                                         purchasing power             • Households with       • Appeal to their
                                         and influence that              teenagers or           appreciation of inclusion
                                         real estate marketers           young adults           by asking for their
                                         typically ignore             • Identify                feedback and opinion
                                    • Provide tools that                 seasonality –        • Allow them to be among
                                      reduce visit anxiety               graduation, etc.       the first to preview
                                    • Tailored                   • Test the program on        • Notify them periodically
                                      communications that          existing customer, then      of the status of the
                                      highlight what women         roll out to prospects        development
                                      are looking for
                                      • Live chat support by
                                         females
                                      • Develop a network of
                                         female sales reps




22
Intelligence Gathering                                 2




            2.1                    2.3


              Analyzing Industry           Customer
                   Trends                 Intelligence



             2.2                   2.4

                                           Recognizing
                   Competitors
                                          Opportunities &
                    Analysis
                                         Generating Ideas




23
Intelligence Gathering                                                                                          2.1
     A n a l y z i n g          I n d u s t r y                T r e n d s
                                                                                      Sources of demand for
                                                                                         property types
                              Socio cultural factors
                                Population demographics        Saving                                 Condomi
                                Income distribution            Attitudes to work                       nium
                                Social mobility                  and leisure
                                Lifestyle Changes              Consumerism
       Source                                                   Levels of education
                                                                                                         Retail
       • ‘Desk-based'
         (using the
                                                                       Income
         Internet, library,      Households




                                                                                         Expenditures
         books, annual
         report, other                                                                                   Hotels
         reports and                             Employment
         magazines)
       • Personal visits
       • Mystery shopping
       • Subscribed                 Firms                              Revenue                           Office
         market research
         reports               Economic factors
                                                                 Properties supply
                                   Business cycles
                                                                 Inflation
                                   GNP trends
                                                                 Price of building
                                   Interest rates
                                                                  material
                                                                                                        Industrial
                                   Money Supply
                                                                 Unemployment
                                                                 Disposable income


                                                                 Demand



24
Intelligence Gathering                                                                           2.1
     A n a l y z i n g         I n d u s t r y        T r e n d s


                                 Condomi       Quantity and quality of available competition
                                  nium            (standing stock)
                                                 Volume of new construction (competitive and
        Source                                    complementary) – property developments in
                                                  planning and under construction
        • ‘Desk-based'            Retail
          (using the                             Availability and price of vacant land
          Internet, library,                     Costs of construction and development
          books, annual
          report, other                          Properties currently on the market ‘for sale’
          reports and             Hotels          (existing and newly built)
          magazines)
        • Personal visits
                                                 Owner occupancy versus tenant occupancy
        • Mystery shopping                       Causes and number of vacancies
        • Subscribed              Office         Conversions to alternative uses
          market research
          reports                                Special economic conditions and circumstances
                                                 Availability of construction loans and financing
                                                 Impact of building codes and bylaws, zoning, town
                                 Industrial       planning controls and other regulations on
                                                  construction volume and cost

                                                           Supply



25
Intelligence Gathering                                                                                     2.2
     C o m p e t i t o r s              A n a l y s i s




        Source                 Identify competitors who        Profiling key          Draw a Strategy Canvass for
                               have two or more                competitors            each product
        • ‘Desk-based'
                               competitive                     involves gathering     • Compare SHC individual
          (using the
                               characteristics in common       competitive              business with the
          Internet, library,
                               with SHC                        intelligence about       competitors’ by drawing
          books, annual
          report,              • Have comparable product       • Current                the “as is” strategy canvas
          advertisements,        line breadth                    strategies           • See where strategy needs
          press release,       • Sell in same price/quality    • Most recent            to change
          other reports and      range                           actions and public   • Examine the strategic need
          magazines)           • Emphasize same                  announcements          first focus on customers
        • Attend trade fairs     distribution channels         • Resource             • Identify the product or
          and shows and        • Use same product                strengths and          service can lead to
          collect brochures,     attributes to appeal to         weaknesses             bundling opportunities
          view exhibits          similar types of buyers       • Efforts being        • Alternative ways of that
        • Mystery shopping     • Use identical technological     made to improve        carry advantages and
        • Subscribed             approaches                      their situation        characteristics
          market research      • Offer buyers similar          • Thinking and
          reports                services                        leadership styles
                               • Cover same geographic           of top executives
                                 areas




26
Intelligence Gathering                                                                                                               2.2
     C o m p e t i t o r s                        A n a l y s i s

      Comparison of Strengths and Weaknesses (example)

                                                                          SHC    Competitor A
       Prime location (land bank and acquisition)
       Cash flow
       Relationship with local authorities
       Management expertise and experience
       Organisation and service reputation
       Ability to manage change
       Relationship with competent support services providers
       Skilled employees
       Management tolerance to risks and uncertainties                                                                     SHC   Competitor A
       Organisational strategy and policies               Information Technologies Used
       Staff training and development                     Relationships with Subcontractors
       Trade secrets and project innovation               Declining Loyalty to Subcontractors
       Part of a larger group                             Business Improvement Efforts
                                                          Changes in Product Characteristics
                                                          Changes in Business Operations & Strategies Since the Downturn
                                                          Sales & Marketing Strategy Changes
                                                          Free Upgrades Offered
                                                          Use of Tactics for Closing the Sale
                                                          Most Popular Incentive-Based Approaches
                                                          Most Popular Stimuli to Enter the Market
                                                          Effectiveness of Tactics for Closing the Sale




27
Intelligence Gathering                                                                                                             2.2
     C o m p e t i t o r s                     A n a l y s i s


        Product A Strategy Canvas (Example)



                                                                          SHC




                                                                                                            Competitor A




       Price   Convenience of   Landscaping   Neigbourhood   Amenities     Recreational       Web       Corporate     Variety of     Quality of
                  location                                   Facilities     Facilities    Information   Reputation   options and   workmanship
                                                                                                                      upgrades     and materials
                                                                                                                       offered

         Strategy Canvas is designed by the authors of Blue Ocean Strategy,
         W. Chan Kim and Renée Mauborgne



28
Intelligence Gathering                               2.3
     C u s t o m e r            I n t e l l i g e n c e




       Source
        ‘Desk-based' (using
           the Internet,
           library, books,
           annual report,
           advertisements,
           press release,
           other reports and
           magazines)
          Attend trade fairs
           and shows and
           collect brochures,
           view exhibits
          Mystery shopping
          Subscribed market
           research reports




29
Intelligence Gathering                                                                                        2.3
     C u s t o m e r             I n t e l l i g e n c e

                                                       Example
         Spending Levels of Three Age Groups for Selected
         Product Categories for 500k residents in Bangsar and
         Damansara
                                                                 Family Life Cycle Stages as a Percentage of All
                                                                 Households in Bangsar and Damansara




30
Intelligence Gathering                                                                                             2.3
     C u s t o m e r               I n t e l l i g e n c e

      Target Group: Affluent Single Females                                                                Example
      DEMOGRAPHICS:
         Educated, professional single females
         Age: 32+
         Yearly net income of RM150,000+
         Amount in Bangsar and Damansara: 5,000 (on average 32, HHI of RM150,000) + 10,000(on average 42, HHI of $450,000)
         Often deferred marriage and childbearing


      PSYCHOGRAPHICS:
         Ambitious, career focused, always up-to-date, very sophisticated taste, like action and spontaneity
         Main decision maker in their household, 10% of total households in Bangsar and Damansara
         More likely than married women to reward themselves and show off their status


      MEDIA USAGE:
         32+: magazines like Elle, Allure, Shape, Cosmo, Entertainment Weekly
         42+: magazines like Vogue, Harper´s Bazaar, People
         Average reader, hardly watching TV, changing the channel during commercials
                                                                                                         Marketing
      MESSAGES/TOPICS TO CONNECT:                                                                       Opportunities
         Exclusiveness, travel, career, fitness, self-improvement



31
Intelligence Gathering                                                                                                                               2.4
     Recognizing Opportunities & Generating Ideas




                 • Family & work                          • Observe                                   • People                               • Product /
       Observe




                                                                                                                         Feasibility Study
                                      Solving a Problem




                                                                           Explore with Focus Group
                   patterns                                 people                                      selected are                           service
                 • Aging of the                             challenges                                  familiar with                          feasibility
                   population                             • Look for                                    issues                                 analysis
                 • Increasing                               problems                                  • What’s on                            • Industry /
                   diversity in the                       • Listen to                                   customers                              market
                   workplace                                people                                      mind                                   feasibility
                 • Globalization                            complains                                 • Conducted by                         • Organizational
                   of industries                          • Think of our                                trained                                feasibility
                 • Increased                                own problems                                moderator                            • Financial
                   focus in health                                                                    • Success                                feasibility
                   care & fitness                                                                       depends on
                 • Proliferation of                                                                     moderator’s
                   computers &                                                                          ability to ask
                   Internet                                                                             questions and
                                                                                                        keep on track
                 • Increase in
                   numbers of
                   cell phone
                   users
                 • New forms of
                   music &
                   entertainment




32
Intelligence Gathering                                                                                       2.4
     Recognizing Opportunities & Generating Ideas


                                                         Margin and Market Sizing
                                                                Need              Identified      Unfocused
                                    • Description of                           Reachable,       Unreachable,
       New Business Concept Paper




                                                        Customers
                                      product /                                receptive        loyal to others
                                      service offered                                           Less than RM1
                                    • Intended target   Market Size            RM10 million +
                                                                                                million
                                      market
                                                                                                Less than 20%
                                    • Benefits of       Market Growth Rate More than 20%
                                                                                                or shrinking
                                      product /
                                      service           Gross Margin           >40%, durable <20%, fragile
                                    • Description of
                                      how the           Example for illustration only
                                      product will be
                                      positioned         Competitive Advantages
                                      versus similar
                                      ones in market
                                    • Description       Barriers to Competitors’
                                                                                 Defensible     None
                                      how the           Entry
                                      product would
                                      be sold or        Contacts and Networks Key access        Limited
                                      distributed       Degree of Control:      High            Low

                                                        Prices and Cost         High            Low
                                                        Channels of supply,
                                                                                Multiple        Single
                                                        distribution



33
Intelligence Gathering                                                                                                            2.4
     Recognizing Opportunities & Generating Ideas
        New Business Idea: Move In Advertising (Example)




                • Research shows new                         • Benefits to New                                      • Tenants
      Observe




                                         Solving a Problem




                                                                                         Explore with Focus Group
                  homeowners spend                             Residents                                            • Movers
                  more on products and                         • One point of                                       • Property Sales
                  services within six                            reference for all the
                                                                 services needed to
                                                                                                                      Manager
                  months of moving                                                                                  • Residents
                  than established                               establish residence
                  residents spend in                           • Coupons and
                  two years                                      discounts to local
                                                                 businesses
                                                               • Get connected to the
                                                                 community faster and
                                                                 less painfully
                                                             • Benefits to Local
                                                               Businesses
                                                               • Affordable, Effective
                                                                 and Intelligent
                                                                 advertising
                                                                 opportunities
                                                               • Access to a customer
                                                                 with real needs even
                                                                 before they establish
                                                                 address
                                                               • Word of mouth
                                                                 recommendations
                                                                 from developers



34
Intelligence Gathering                                                                                     2.4
     Recognizing Opportunities & Generating Ideas
       New Business Idea: Move In Advertising (Example)

                                   Our
                                 potential                                           Town Services:

                                customers
                                                                                     Emergency Services:
                          • Flooring Companies
       Local Businesses




                          • Painting Companies
                          • Small Construction
                            Companies
                          • Pest Control
                            Companies                    Sutramas
                          • Doctors/Dentists               Provided to you by:       Area Hospitals:
                          • Heating/Oil Companies
                          • Landscaping
                            Companies
                          • Plumbing/Electricians
                          • Septic Companies
                                                              Dennis Ooi
                          • Cleaning Companies          Move in Affairs Manager
                          • Storage/Moving          SHC Move In Assistance Sdn Bhd
                            Companies                        012 2082789
                          • Lock Smith                 dennis@@shcsb.com.my

                          • Pet Sitting
                          • Carpet/Upholstery
                            Cleaners
                          • Furniture Stores
                          • Beauty Salons/Spas
                          • Massage Therapists
                                                                                         Local businesses pay
                          • Chinese Restaurants                                           SHC advertising fee
                          • Pizza Restaurant




35
Targeted Marketing Plan                                                               3




                                                                     Implementation

                                                                       Dennis Ooi




                                                    Marketing Plan




       The four Ps will be blended according to the characteristics of the target market


36
Targeted Marketing Plan   3




37
Targeted Marketing Plan                                                      3
     To be monitored                          consistently

                       • No of Leads
                       • No of Units Sold
            Sales      • Marketing Cost Analysis                   Revised
        Measurements                                              marketing
                                                                  activities



                     • Pre- and post-awareness            Find
                       studies                          improve
                     • Image perception studies          -ment
         Advertising
        Measurements • Conversion studies - inquiries    areas
                                                                         Impact
                                                                        assessm
                                                                           ent
                       • Changes in market share and
                         competitive set
         Market
         Reports




38
Connecting Customers           4




           4.1


                  Presentation to
                     prospects



            4.2

                     Building
                   relationship




39
Connecting Customers                                               4.1
     Presentation to Prospects
                                        Keep it Simple
                                        Ask Questions
                                        Actively Listen
                                        Be Empathetic
                                        Have a Positive Attitude and
         Persuasive Participation        Enthusiasm
                                        Have Good Forensics
                                        Use Similes and Metaphors
     Demonstration                      Ask questions
                             Proof      Let them use the
                                         product: appeals to
         Dramatization                   senses
                                        Use visuals
                     Visual Aids        Use demonstrations




40
Connecting Customers                                                              4.1
     Presentation to Prospects
                                               Independent                 SHC provides
                                                research                      excellent
                                                                              services
                                               The guarantee
                                               Testimonials
                                               Company proof
                                                results
         Persuasive Participation
                                             The product
                                             Charts and graphs
     Demonstration                              illustrating features and
                                Proof           advantages
                                               Photographs and mock-
                                                ups
        Dramatization                          Sales manuals and
                        Visual Aids             catalogs
                                               Order forms
                                               Letters of testimony
                                               A copy of the guarantee
                                               Flip-boards and posters
                                               Sample advertisements



41
Connecting Customers                                              4.1
     Presentation to Prospects

                                         Presenting the
                                            product in a striking,
                                            or extravagant
                                            manner
                                           Watch video clips
         Persuasive Participation          Play classical music

                                               Show the product
     Demonstration                             Lets the prospect do
                                Proof           some simple
                                                movements
                                               Lets the prospect
        Dramatization   Visual Aids             work on an important
                                                feature
                                               Has the prospect
                                                answer questions
                                                throughout the
                                                demonstration
                                                (feedback)


42
Connecting Customers                                                                                         4.2
     Building Relationship

                                                  Build a “mutually significant meaningful
                                                  relationship” through which the business needs of
                                                  the existing customers and business partners are
                                                  met.
                                     Rapport

                                                              Rapport is built after going through
                                                                the previous four stages
       Human to Human Relationship




                                     Sympathy


                                     Empathy         Listen to the message           Able to comprehend the
                                                     Use own experiences to           distress of another, and
                                                        feel the way into the          assist to alleviate the
                                     Emerging           sender’s experience            cause. One ‘shares’ in
                                     Identities        Become sensitive to the        the feelings of another
                                                        what the sender is telling     and experiences
                                                                                       compassion
                                                       Make a conscious choice
                                      Original          to stay with the sender
                                     Encounter          and help them to bear
                                                        their experience



43
Appealing Marketing Material   5




            5.1


                  Designing




            5.2


             Virtual Sales Agent




44
Appealing Marketing Material                                                                       5.1
     Designing
        Applying design principles
          • PROXIMITY: group related items together
          • ALIGNMENT: consciously place related information
          • REPETITION: consistent patterns
          • CONTRAST: visually highlight important information
          • BALANCE: achieve overall balanced look


        Understanding learning theory
          • Chunking
            • People understand information best if it is delivered to them in chunks - small units -
              rather than all at once
          • Queuing
            • Refers to creating visual distinctions to indicate levels of importance
              • Use emphatic elements—bigger type or bold
              • More important elements to left margin and indent less important elements
          • Filtering
            • The use of visual patterns to distinguish between various types of information
              • Using icons, text boxes, definitions in the margin


45
Appealing Marketing Material                                     5.1
     Designing
       The way people see

       • Visual
                                                 Example
       • Caption
       • Headline
       • Copy
       • Signature (Advertisers logo, name, contact
         information)


       Appeal to the need

       • Need to achieve                • Need to agree
       • Need to dominate               • Need for guidance
       • Need for prominence
                                        • Need to nurture
       • Need for attention
       • Need to escape                 • Need for affiliation
       • Need to feel safe              • Physiological Need
       • Need for aesthetic sensation   • Need to satisfy curiosity
       • Need for Autonomy

46
Appealing Marketing Material                                                5.1
     Designing
                              Example for Illustration Only

      Newsletters,   Presentations    Photography      Websites and   Brochure
       Factsheets                                       online PR




47
Appealing Marketing Material                                                                                                                                           5.2
     Virtual Sales Agent

                                         Plays in-house three-minute commercial followed by 30-second
                                          commercials for paid advertising until a prospective home buyer
                                          touches the screen.
                                         The system then shifts into kiosk mode so buyers can interactively
                                          retrieve the information they want.

                        A touch                             Install at                           Generate                           Encourage                    360-degree




                                                                                                              SHC Corporate Video
      Digital signage




                                                                                                                                                  Virtual Tour
                                       Strategic Location




                                                                            Sell Advertisement
                        screen                              strategic                            revenue to                         people to                    virtual tours
                        interface on                        location like                        cover the                          visit the                    of SHC
                        a 32-inch                           the main                             setup cost                         website                      products,
                        LCD flat-                           entrance of                                                                                          print floor
                        panel                                                                    Target:                            Emphasize                    plans, and
                                                            a building                           mortgage                           on SHC’s
                        display                                                                                                                                  access the
                                                            where                                and credit                         50 years                     corporate
                                                            there is                             cards                              history and                  website,
                                                            high traffic                         product                            achieveme                    interactively
                                                            flow                                                                    nt                           and
                                                                                                                                                                 unassisted




48
Internal Communication       6




            6.1


                  We Are One




            6.2

             Achieving Business
                  Targets




49
Internal Communication                                                 6.1
     We Are One

            Strategy
            • Continuously communicate SHC’s vision, strategy & progress
              • Show that leadership has a long term plan
              • Link short term actions to the long term plan
              • Remind employees of their role in delivering it

            • Create additional opportunities to listen to employees
              • Undertake frequent informal gathering, focus groups
                and/or engagement surveys

            • Ask employees to put forward their own ideas
              • Seek ideas for things like maintaining engagement,
                winning new business or reducing costs

            • Celebrate successes, however small
              • e.g. keeping or winning business, receiving thanks from a
                customer, overcoming challenges, winning awards, passing
                exams, etc.


50
Internal Communication                                                   6.1
     We Are One


                                  Quarterly
                                 Email from
                                                     ‘We are One’
                                  the CEO         Newsletter Content:
               Monthly           about SHC
              Newsletter          Financial   • CEO Message
               ‘We are          Performance   • SHC Long Term Plan
                 One’                         • Current News
                                              • New Improvement
                           ‘We are One’       • Success Stories
                           Communicati
                            on (Articles      • Happy Birthday
                            contributed       • Getting to know a new staff
                           by respective
                               HOD)
                                              • ‘We are One’ activities
                                              • Service Excellent Corner
                                                (Mystery Shopping Results,
                                                Telephone Manners)
                                              • List of Outstanding Staffs
                                              • Puzzle Corner
                                              • Contribute Your Idea Corner

                 ALL SHC STAFF


51
Internal Communication                                                                    6.2
     Achieving Business                          Targets

       Using GE Workout Methodology
        It Began at G.E.
         Originally conceived by Jack Welch in late 1980’s to drive “speed, simplicity, and
          self-confidence” throughout GE – after years of restructuring
         Focused first on reducing bureaucracy and unnecessary work (“take work out of
          the system”)
         Soon applied to process improvements, developing new business opportunities,
          disseminating best practices, integrating acquisitions, and accelerating change
         Used extensively with GE customers and suppliers to strengthen the value chain
         Produced hundreds of millions of dollars in results


                             ‘Now considered part of the GE culture
                               – the way people solve problems’




52
Internal Communication                                                           6.2
     Achieving Business                             Targets
     Work-Out Process – High Level
                                                    Start




                                              Bring people                  Give them
         Implement                                                          a challenge
         and review                             together




                                                                            Brainstorm
                                                                             solutions
            Make decisions at
             Town meeting
                                                 Present
                                             recommendations


        Purpose of the Workout is to leverage associates to identify and
        implement solutions in a relatively quick manner with the support
        of an Executive Champion.


53
Internal Communication                                                                                     6.2
     Achieving Business                                      Targets
     Applying GE Workout, the benefits to SHC:
             People
                 Involve the people who are the closest to the process
                  Also external parties (suppliers, customer, dealers, etc.) if necessary
                 Best source for potential improvements

             Results
                   Focus on tangible results
                   Show success with “stretch results”

             Speed
                 Fast action planning and decision making
                   “Yes ” or “No” are the only answers
                   Apply a culture of fast implementation

             Cooperation
                Tear down organizational and mental barriers
                   Establish better communication and open new communication channels

             Trust and Capacity
                   Build successful projects and develop capabilities and confidence of people to get things
                    done


54
Internal Communication                                                                                            6.2
     Achieving Business                                         Targets
 Three Elements of a Work Out Session

                                                                                             Rapid Results
                      2 – 4 Teams work on the challenge
 Identification of
                          given to them from Mgmt.,
 Business
 Opportunity
                              resulting in several                                           Rapid Results
                              recommendations…
                                                                                             Quick Hits
                      Define
                     Challenge                                                               Quick Hits

                                                     Work-Out Session
                       Design                               Conduct                            Implement
                     2 – 3 weeks                            1 - 3 days                         3 – 4 months
          Set goal and select challenge          Kick-Off by Mgmt.                     Move into action with
           together with Management              Review Data/Process/Assumption        Implementation of approved quick
           contract on design and goal                                                   wins and projects
                                                  Identify Concerns
          Prepare Event                                                                Track progress with review session
                                                  Brainstorm Solutions
          Invite Participants                                                             together with Mgmt.
                                                  Select best ideas with highest
          Prepare people for roles and                                                 Coach people
                                                     impact
           responsibilities                                                             Deliver measurable results
                                                  Detail Ideas (work plan, risks,…)
          Collect Data (e.g. As Is Mapping)                                            Build on learning's
                                                  Mgmt. takes Yes/No decision
                                                                                        Recognize Success




55
Internal Communication                                                                 6.2
     Achieving Business                               Targets
     Essential phases of Work Out Sessions:


                                   Management Kick Off of the Work Out



                                               Brainstorming
                      (2 – 4 Teams Brainstorm on different Areas how to improve them)



                                              Gallery of Ideas
                                 (Select the best 3-5 Ideas from each group)


                                 Selected Ideas are developed in more detail
                                      (Create decision basis for sponsor )



                                            Town Hall Meeting
                    (Recommendations are presented and sponsor(s) make a yes/no decision)




56
Internal Communication                                                                             6.2
     Achieving Business                                             Targets
                                                W o rk O ut
                         T o w n M e e t i n g R e c o m m e n d a t io n F o rm # 1   Recommendation
                                                                                       template
          WorkOut Topic:


          Recommendation:


          Payoff:


          Possible
          Risk/Costs:




          Method of
          Tracking
          Progress:


          Key Steps to           1.

          Implement:             2.

                                 3.



          Responsibility:



57
Internal Communication                                                             6.2
     Achieving Business                             Targets
 Weekly Team Review Meetings

        Weekly Team Meetings should be held by the Team Leader with the
        implementation team. (If there is a champion he would participate as well).
        1. Review Project Plan
        2. Track progress and capture problems and risks
        3. Discuss how to deal with problems and risks and include actions in project
           plan.
        4. Clarify need for support and decisions
        5. Set up a open issue list for things which are not captured in the project
           plan but need to be handled e.g. by the team leader together with
           sponsor.
        6. Distribute Weekly Status Report (Sponsor, Consultant, Champion, other
           Team Leaders,…)




58
Dennis Ooi Kok Peow

       Tel: 012 2082 789
E-mail: kokpeow@gmail.com

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Business development

  • 1. Dennis Ooi Kok Peow 15th January 2010
  • 2. Preface On 23 December 2009, the Star reported: “The property sector may experience an oversupply next year due to a burst of launches from developers that have been held back since the start of the global economic crisis.” Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, Malaysia (PEPS) president James Wong said developers would need to come up with “creative ways” to maximise sales.” Dennis Ooi SHC SHC Sales • Creative • Existing • Maximized Ways + Practices = 2
  • 3. Limitation The list of creative ways presented in this presentation were developed based on the desk research I have performed and the judgement call I have made. As you may know, appropriate strategies could only be derived after going through a complete strategic marketing planning process and desk research has a lot limitations, the data could be outdated, inaccurate and incomplete. My main objective is to convince you that I can contribute significantly to the sales growth of SHC by bringing in creative ways of business development not currently applied by the competition and are built on the current practises without over elaborating on the background information to justify the options selected. It is my intention to keep the information presented in this presentation short and concise as not to bore you. The creative ways that I am suggesting are designed to exploit the weaknesses in the competition, creating new competitive advantages for SHC, and hence, achieving the objective of maximising SHC sales. 3
  • 4. Agenda Outcome Levers Agenda Dennis Ooi’s Responsibilities  To market and widen the customer base of 1 Marketing the Company’s products and services Strategy  To analyze industry trends and competitors, assess marketing opportunities and from target markets.  Intelligence gathering on customers and The Right 2 Intelligence competitors to expand company’s products Focus Gathering and services reach and to grow the business.  To strategies and formulate marketing plans and activities, to implement strategies to Targeted 3 accomplish set targets. Marketing Plan  To conduct marketing presentations to and Maximized negotiations with prospects. Sales  To manage and build strong business relationship with existing customers and 4 Connecting business partners. Customers  To prepare marketing and promotional materials and kits.  To subscribe to and abide by the Group’s 5 Appealing Core Values by ensuring the Group’s core Fortifying Marketing Values and any changes to the Group’s Core Materials Values are communicated to all subordinates.  To assist in realizing the business targets by 6 Internal working closely with other divisions or departments in pursuing common goals. Communicat ion 4
  • 5. Marketing Strategy 1 • Promising Quality (allowing higher price) Strengthen the • More likely to be selected (against the 1.1 competition) Brand • Engendering Trust Loyalty (develop buyers into evangelists) • A fast and cost-effective way to build market awareness and sales interest Joint • Leverages the strengths of the various partners in 1.2 the Joint Marketing partnership Marketing • Creates market differentiation for the Joint Marketing partners by virtue of the collaboration • A platform for new lead to enjoy SHC brand experience Building • Secure SHC’s place in its customers’ lives by 1.3 Customer identifying which households are good targets for additional purchases Loyalty • Deliver short term, incremental revenue through opportunistic marketing programs 5
  • 6. Marketing Strategy 1.1 S t r e n g t h e n t h e B r a n d The Creative Brief Get customer, staff, community, general public Who visit, buy, own, enjoy, think about SHC To have a better perception about the company By delivering a consistent Brand communication Thru testimonials, PR activities, events sponsorship, positioning statement, employer branding, seminars While retaining a message of Diverse, History and Excellence 6
  • 7. Marketing Strategy 1.1 S t r e n g t h e n t h e B r a n d The Creative Brief • Clear and consistent brand image • Uniform styles • In all forms of written and visual communication ABC Colours used with online publications Logo appearing in most documents 7
  • 8. Marketing Strategy 1.1 S t r e n g t h e n t h e B r a n d The Creative Tactics Events Testimonials PR Activities Sponsorships / CSR  Obtain satisfaction  Publishing books titled  Give out bags and T- endorsement from shirts with SHC logo previous customers 1) “Legacy of See Hoy Chan” to orphanage homes (written and video) 2) Property trend in Damansara 2009 -  Organise and  Creates corporate 2019 sponsor major sport video, showcase all the events like  Contribute newspaper articles previous properties marathon to be held discussing about built by SHC in Damansara 1) The latest building construction Uptown  Create past success method used by SHC (e.g.Green stories in the form of Building)  Sponsor major articles / case studies transplant surgery 2) The price appreciation enjoyed by performed by IJN. the previous SHC customers 3) Corporate real estate strategy 8
  • 9. Marketing Strategy 1.1 S t r e n g t h e n t h e B r a n d The Creative Tactics Create a Positioning Employer Seminars Statement Branding  “Creating new lifestyle and  Becoming the  “Techniques for Property value for you since 1952” authorized Condition Assessments” employer for Example from Others Chartered  “Formulating an 1) DLF Ltd. Accountancy appropriate corporate real = “Building India” estate strategy” 2) Sun Hung Kai Properties Ltd Training = “Building homes with heart”  “Planning your future by 3) CapitaLand Ltd = “Building for People to Build  Work with choosing the right home” People, Building People to Build accredited schools for People” to train interior  “How the design of a 4) Dijaya Corporation Berhad designer, architect house could affect your = “Building with passion” and civil engineers emotion, hence your life” Targeting people looking for new property, and for us to collect name card and build the marketing database 9
  • 10. Marketing Strategy 1.1 S t r e n g t h e n t h e B r a n d The Creative Tactics Web design  Layout, navigation, colour, graphics, multimedia, content presentation, functionality and accessibility Additional Web Information About SHC News • Corporate video, showcase all • Public relations activities the previous properties built • Newsletter download by SHC • All the previous newspaper clips • Timeline for the history of SHC • All the awards, certification, special achievements obtained Customer Services • All the testimonials given by previous customers • A forum for SHC Community • Past success stories • Form for customer to complain • Form for anyone to contribute ideas for improvement 10
  • 11. Marketing Strategy 1.1 S t r e n g t h e n t h e B r a n d Example for illustration only Should be multi racial with a few Europeans Large unused header About SHC Our Expertise Projects Customer Services News Join SHC Search Contact Us occupying screen space Latest Projects Slides Show Latest Campaign Headlines are current and informational Latest news Sales and Leasing Links Others Dedicated SHC supports anti-drink driving campaign Home for sale SHC Club SHC wins the Most Outstanding Development Home for lease SHC Book Club Websites Prospective house-buyers camped overnight Office for sale SHC Capital Understand Your Loved Ones campaign Office for lease Parent and children explore creativity together Productivity software Healthy Family Living General insurance Terms, Conditions and Disclaimers. Copyright © 20010 All rights reserved. Powered by SHC Business Solutions Sdn Bhd “The essence of good web site design is to deliver the message in a well balanced and subtle fashion” - www.sourcewrite.co.uk 11
  • 12. Marketing Strategy 1.2 J o i n t M a r k e t i n g The Client’s Brief Get Potential customers Who visit, show interest, call, ask, think about SHC To realise the brand promise By delivering service, recognising, creating convenience, providing information, being helpful Thru Joint marketing with selective partners While retaining a message of Diverse, History and Excellence 12
  • 13. Marketing Strategy 1.2 J o i n t M a r k e t i n g The Creative Tactics Private Charter Flight Trade Promotion 5Star Hotels Banks Hospitals Companies Organizations Targeting: Targeting: Credit Card Targeting: Targeting: Targeting: Medical members and Foreign Tourists Tourists Tourists Private Banking Investors clients SHC newsletter SHC newsletter SHC newsletter SHC newsletter Special SHC as a reading as a reading as a reading as a reading Magazine sent to investors to material for material for material at the material at the promote Malaysia patient hotel guest waiting lounge waiting area as the regional HQ Infomercials Infomercials Infomercials Infomercials Infomercials for entertaining entertainment for inpatient for In-Flight entertainment staying in at the waiting entertainment entertainment at the office guests area Joint funding of campaigns; training and support The main objective is to create new leads and entice them to join SHC Loyalty initiatives. Golf Clubs are excluded as most of them are related to our competitors. 13
  • 14. Marketing Strategy 1.2 J o i n t M a r k e t i n g The Creative Tactics Example for illustration only ABC SHC Loyalty initiatives 14
  • 15. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Client’s Brief Get potential, new and old customers Who visit, ask, own, enjoy, think about SHC To realise the brand promise By delivering service, recognising, creating convenience, providing information, being helpful Thru Welcome Kit, Loyalty Communications, Prospect Prioritization/Extending the Dialogue, SHC Magazine, SHC Owner’s Circle, Cross Sell and Up Sell Marketing, Opportunistic “Quick Win” Programs While retaining a message of Diverse, History and Excellence 15
  • 16. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Creative Tactics Create a central system of measurement to Data Access & Analysis  record a broad range of Software information on SHC consumer Marketing Staff  Campaign, response, Customer Transactions and lifestyle data  >100 appended individual and Marketing household data points Database Customer Service  monitors communications and response from prospects and customers  Measurement includes cost per response and Appended Data & cost per sale Modeling  view the full shopper-owner Inputs from Frontline, Phone, Web cycle from first point of contact, through sale and cross sale Web Site 16
  • 17. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Creative Tactics Central system of measurement, the benefits to SHC  Ability to prioritize prospects and customers based on their likelihood to buy  Identification of “low hanging fruit” – programs that can be quickly implemented to generate revenue in the short term  Refinement of customer communications  Non-mailed groups that are measured against the mailed groups  Integrated database used by all groups  The right information to the right customer at the right time  provide a consistent form of measurement  Cost per lead, response and sale measurement  Cross-penetration of product purchases  Reduced communication expense  Fewer pieces mailed with higher effectiveness 17
  • 18. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Creative Tactics Core Communications Program General Goals: To new product owners, To 3 and 4 year products Goals: owners. Goals: • Immersion in the SHC • Increase the • Purchase other SHC Experience repurchase rate products • Promotion of Owner’s • Multiple products in • Capture information Circle each household about their preferences, • Purchase of other SHC lifestyles, real estate products interests, etc. useful for further dialog SHC Loyalty initiatives cover the entire ownership experience Multiple Loyalty SHC Opportunis Extending Properties Welcome tic “Quick Commun the Newsletter Owner’s Owner Kit Dialogue Program Win” ications Circle Programs Programs 18
  • 19. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Creative Tactics Core Communications Program Welcome Kit for New Purchaser Welcome Kits Strategy • A personal welcome kit – that owners realize was created just • Provide new owner personalized for them fulfillment information on a • It arrives within the first 30 days weekly basis • It is a dialogue opener, an • Recover key information invitation to the SHC experience requested that extends over a full year • Each of the kit pieces enhance • Maintain owner files based on your perception of the SHC Brand collected information for future and the Experience programs • Multiple calls to action which lead • Identify customers by financial you deeper into the Experience status, and preparatory • It inherently fosters the segmentation (i.e. loyalty, collection of information needed activity, etc.) for further relationship dialogue 19
  • 20. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Creative Tactics Core Communications Program Newsletter Content Newsletter Strategy • New products • Ongoing collection of news and information • SHC awards of interest to SHC product • Testimonial from other owners • Owner surveys to determine preferences • Ratings by leading magazines for: • Why SHC products are superior • News, information, and topics • The history of SHC • Communication Channel (email or print) • Event calendar • Sponsorships • Frequency • SHC Brand Values • Begin with a printed newsletter to gather email addresses • Home and Office Assistance • Servicing requirements • Move to email newsletters as quickly as possible • SHC Insurance • Other Events • Multiple offers to generate owner response • Secondary market transaction • Promote the use of Owner’s Circle • SHC Owner Clubs • Owner’s Circle • Local news featuring SHC 20
  • 21. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Creative Tactics Core Communications Program Prospect Communication Prospect Strategy: Strategy: The Loyalty and • Direct Mail and E-mail integrated • Prospects developed Prospect Programs communication plan from all contact • Alternating content delivery • Something new sources: mediums every quarter • Telephone, Direct • Each reinforcing the one that • Programs for Mail, Show Office, came before it Women/Minorities Events, Internet • Use of database information to • Second home • Centers receive drive customization and • Commercial qualified leads relevance property electronically within 48 hours of receipt • Each communication introducing investment a new piece of the SHC • Congratulatory • Prospects get SHC Experience Mailings to > 3 message within 48 hours • Integration with off-line and years product online marketing activities Owners • Every lead tracked electronically, with • Prospects given the opportunity • Seminars daily, weekly, & to opt-out at any point • Referral Programs monthly reports for • Prospects removed from business development program if they purchase a product 21
  • 22. Marketing Strategy 1.3 B u i l d i n g C u s t o m e r L o y a l t y The Creative Tactics Core Communications Program Example for illustration only Something new every Commercial Property Woman Program Second Home quarter: Investment • Q1 Property Birthday • Identify ways to build • Identify households that • Identify those current • Q2 Property Investment relationships with are prime prospects to owners who are most Opportunity female owners: purchase a second likely to purchase a new • Q3 Second home • Bring them to the property commercial property • Q4 New Launching Brand, and keep • Analyze multiple • Invite these special them longer purchase households people to be among a • Appeal to their • Target groups most small group who are unique needs likely to purchase a allowed to preview the • Recognize the second house new launching purchasing power • Households with • Appeal to their and influence that teenagers or appreciation of inclusion real estate marketers young adults by asking for their typically ignore • Identify feedback and opinion • Provide tools that seasonality – • Allow them to be among reduce visit anxiety graduation, etc. the first to preview • Tailored • Test the program on • Notify them periodically communications that existing customer, then of the status of the highlight what women roll out to prospects development are looking for • Live chat support by females • Develop a network of female sales reps 22
  • 23. Intelligence Gathering 2 2.1 2.3 Analyzing Industry Customer Trends Intelligence 2.2 2.4 Recognizing Competitors Opportunities & Analysis Generating Ideas 23
  • 24. Intelligence Gathering 2.1 A n a l y z i n g I n d u s t r y T r e n d s Sources of demand for property types Socio cultural factors  Population demographics  Saving Condomi  Income distribution  Attitudes to work nium  Social mobility and leisure  Lifestyle Changes  Consumerism Source  Levels of education Retail • ‘Desk-based' (using the Income Internet, library, Households Expenditures books, annual report, other Hotels reports and Employment magazines) • Personal visits • Mystery shopping • Subscribed Firms Revenue Office market research reports Economic factors  Properties supply  Business cycles  Inflation  GNP trends  Price of building  Interest rates material Industrial  Money Supply  Unemployment  Disposable income Demand 24
  • 25. Intelligence Gathering 2.1 A n a l y z i n g I n d u s t r y T r e n d s Condomi  Quantity and quality of available competition nium (standing stock)  Volume of new construction (competitive and Source complementary) – property developments in planning and under construction • ‘Desk-based' Retail (using the  Availability and price of vacant land Internet, library,  Costs of construction and development books, annual report, other  Properties currently on the market ‘for sale’ reports and Hotels (existing and newly built) magazines) • Personal visits  Owner occupancy versus tenant occupancy • Mystery shopping  Causes and number of vacancies • Subscribed Office  Conversions to alternative uses market research reports  Special economic conditions and circumstances  Availability of construction loans and financing  Impact of building codes and bylaws, zoning, town Industrial planning controls and other regulations on construction volume and cost Supply 25
  • 26. Intelligence Gathering 2.2 C o m p e t i t o r s A n a l y s i s Source Identify competitors who Profiling key Draw a Strategy Canvass for have two or more competitors each product • ‘Desk-based' competitive involves gathering • Compare SHC individual (using the characteristics in common competitive business with the Internet, library, with SHC intelligence about competitors’ by drawing books, annual report, • Have comparable product • Current the “as is” strategy canvas advertisements, line breadth strategies • See where strategy needs press release, • Sell in same price/quality • Most recent to change other reports and range actions and public • Examine the strategic need magazines) • Emphasize same announcements first focus on customers • Attend trade fairs distribution channels • Resource • Identify the product or and shows and • Use same product strengths and service can lead to collect brochures, attributes to appeal to weaknesses bundling opportunities view exhibits similar types of buyers • Efforts being • Alternative ways of that • Mystery shopping • Use identical technological made to improve carry advantages and • Subscribed approaches their situation characteristics market research • Offer buyers similar • Thinking and reports services leadership styles • Cover same geographic of top executives areas 26
  • 27. Intelligence Gathering 2.2 C o m p e t i t o r s A n a l y s i s Comparison of Strengths and Weaknesses (example) SHC Competitor A Prime location (land bank and acquisition) Cash flow Relationship with local authorities Management expertise and experience Organisation and service reputation Ability to manage change Relationship with competent support services providers Skilled employees Management tolerance to risks and uncertainties SHC Competitor A Organisational strategy and policies Information Technologies Used Staff training and development Relationships with Subcontractors Trade secrets and project innovation Declining Loyalty to Subcontractors Part of a larger group Business Improvement Efforts Changes in Product Characteristics Changes in Business Operations & Strategies Since the Downturn Sales & Marketing Strategy Changes Free Upgrades Offered Use of Tactics for Closing the Sale Most Popular Incentive-Based Approaches Most Popular Stimuli to Enter the Market Effectiveness of Tactics for Closing the Sale 27
  • 28. Intelligence Gathering 2.2 C o m p e t i t o r s A n a l y s i s Product A Strategy Canvas (Example) SHC Competitor A Price Convenience of Landscaping Neigbourhood Amenities Recreational Web Corporate Variety of Quality of location Facilities Facilities Information Reputation options and workmanship upgrades and materials offered Strategy Canvas is designed by the authors of Blue Ocean Strategy, W. Chan Kim and Renée Mauborgne 28
  • 29. Intelligence Gathering 2.3 C u s t o m e r I n t e l l i g e n c e Source  ‘Desk-based' (using the Internet, library, books, annual report, advertisements, press release, other reports and magazines)  Attend trade fairs and shows and collect brochures, view exhibits  Mystery shopping  Subscribed market research reports 29
  • 30. Intelligence Gathering 2.3 C u s t o m e r I n t e l l i g e n c e Example Spending Levels of Three Age Groups for Selected Product Categories for 500k residents in Bangsar and Damansara Family Life Cycle Stages as a Percentage of All Households in Bangsar and Damansara 30
  • 31. Intelligence Gathering 2.3 C u s t o m e r I n t e l l i g e n c e Target Group: Affluent Single Females Example DEMOGRAPHICS:  Educated, professional single females  Age: 32+  Yearly net income of RM150,000+  Amount in Bangsar and Damansara: 5,000 (on average 32, HHI of RM150,000) + 10,000(on average 42, HHI of $450,000)  Often deferred marriage and childbearing PSYCHOGRAPHICS:  Ambitious, career focused, always up-to-date, very sophisticated taste, like action and spontaneity  Main decision maker in their household, 10% of total households in Bangsar and Damansara  More likely than married women to reward themselves and show off their status MEDIA USAGE:  32+: magazines like Elle, Allure, Shape, Cosmo, Entertainment Weekly  42+: magazines like Vogue, Harper´s Bazaar, People  Average reader, hardly watching TV, changing the channel during commercials Marketing MESSAGES/TOPICS TO CONNECT: Opportunities  Exclusiveness, travel, career, fitness, self-improvement 31
  • 32. Intelligence Gathering 2.4 Recognizing Opportunities & Generating Ideas • Family & work • Observe • People • Product / Observe Feasibility Study Solving a Problem Explore with Focus Group patterns people selected are service • Aging of the challenges familiar with feasibility population • Look for issues analysis • Increasing problems • What’s on • Industry / diversity in the • Listen to customers market workplace people mind feasibility • Globalization complains • Conducted by • Organizational of industries • Think of our trained feasibility • Increased own problems moderator • Financial focus in health • Success feasibility care & fitness depends on • Proliferation of moderator’s computers & ability to ask Internet questions and keep on track • Increase in numbers of cell phone users • New forms of music & entertainment 32
  • 33. Intelligence Gathering 2.4 Recognizing Opportunities & Generating Ideas Margin and Market Sizing Need Identified Unfocused • Description of Reachable, Unreachable, New Business Concept Paper Customers product / receptive loyal to others service offered Less than RM1 • Intended target Market Size RM10 million + million market Less than 20% • Benefits of Market Growth Rate More than 20% or shrinking product / service Gross Margin >40%, durable <20%, fragile • Description of how the Example for illustration only product will be positioned Competitive Advantages versus similar ones in market • Description Barriers to Competitors’ Defensible None how the Entry product would be sold or Contacts and Networks Key access Limited distributed Degree of Control: High Low Prices and Cost High Low Channels of supply, Multiple Single distribution 33
  • 34. Intelligence Gathering 2.4 Recognizing Opportunities & Generating Ideas New Business Idea: Move In Advertising (Example) • Research shows new • Benefits to New • Tenants Observe Solving a Problem Explore with Focus Group homeowners spend Residents • Movers more on products and • One point of • Property Sales services within six reference for all the services needed to Manager months of moving • Residents than established establish residence residents spend in • Coupons and two years discounts to local businesses • Get connected to the community faster and less painfully • Benefits to Local Businesses • Affordable, Effective and Intelligent advertising opportunities • Access to a customer with real needs even before they establish address • Word of mouth recommendations from developers 34
  • 35. Intelligence Gathering 2.4 Recognizing Opportunities & Generating Ideas New Business Idea: Move In Advertising (Example) Our potential Town Services: customers Emergency Services: • Flooring Companies Local Businesses • Painting Companies • Small Construction Companies • Pest Control Companies Sutramas • Doctors/Dentists Provided to you by: Area Hospitals: • Heating/Oil Companies • Landscaping Companies • Plumbing/Electricians • Septic Companies Dennis Ooi • Cleaning Companies Move in Affairs Manager • Storage/Moving SHC Move In Assistance Sdn Bhd Companies 012 2082789 • Lock Smith dennis@@shcsb.com.my • Pet Sitting • Carpet/Upholstery Cleaners • Furniture Stores • Beauty Salons/Spas • Massage Therapists Local businesses pay • Chinese Restaurants SHC advertising fee • Pizza Restaurant 35
  • 36. Targeted Marketing Plan 3 Implementation Dennis Ooi Marketing Plan The four Ps will be blended according to the characteristics of the target market 36
  • 38. Targeted Marketing Plan 3 To be monitored consistently • No of Leads • No of Units Sold Sales • Marketing Cost Analysis Revised Measurements marketing activities • Pre- and post-awareness Find studies improve • Image perception studies -ment Advertising Measurements • Conversion studies - inquiries areas Impact assessm ent • Changes in market share and competitive set Market Reports 38
  • 39. Connecting Customers 4 4.1 Presentation to prospects 4.2 Building relationship 39
  • 40. Connecting Customers 4.1 Presentation to Prospects  Keep it Simple  Ask Questions  Actively Listen  Be Empathetic  Have a Positive Attitude and Persuasive Participation Enthusiasm  Have Good Forensics  Use Similes and Metaphors Demonstration  Ask questions Proof  Let them use the product: appeals to Dramatization senses  Use visuals Visual Aids  Use demonstrations 40
  • 41. Connecting Customers 4.1 Presentation to Prospects  Independent SHC provides research excellent services  The guarantee  Testimonials  Company proof results Persuasive Participation  The product  Charts and graphs Demonstration illustrating features and Proof advantages  Photographs and mock- ups Dramatization  Sales manuals and Visual Aids catalogs  Order forms  Letters of testimony  A copy of the guarantee  Flip-boards and posters  Sample advertisements 41
  • 42. Connecting Customers 4.1 Presentation to Prospects  Presenting the product in a striking, or extravagant manner  Watch video clips Persuasive Participation  Play classical music  Show the product Demonstration  Lets the prospect do Proof some simple movements  Lets the prospect Dramatization Visual Aids work on an important feature  Has the prospect answer questions throughout the demonstration (feedback) 42
  • 43. Connecting Customers 4.2 Building Relationship Build a “mutually significant meaningful relationship” through which the business needs of the existing customers and business partners are met. Rapport  Rapport is built after going through the previous four stages Human to Human Relationship Sympathy Empathy  Listen to the message  Able to comprehend the  Use own experiences to distress of another, and feel the way into the assist to alleviate the Emerging sender’s experience cause. One ‘shares’ in Identities  Become sensitive to the the feelings of another what the sender is telling and experiences compassion  Make a conscious choice Original to stay with the sender Encounter and help them to bear their experience 43
  • 44. Appealing Marketing Material 5 5.1 Designing 5.2 Virtual Sales Agent 44
  • 45. Appealing Marketing Material 5.1 Designing Applying design principles • PROXIMITY: group related items together • ALIGNMENT: consciously place related information • REPETITION: consistent patterns • CONTRAST: visually highlight important information • BALANCE: achieve overall balanced look Understanding learning theory • Chunking • People understand information best if it is delivered to them in chunks - small units - rather than all at once • Queuing • Refers to creating visual distinctions to indicate levels of importance • Use emphatic elements—bigger type or bold • More important elements to left margin and indent less important elements • Filtering • The use of visual patterns to distinguish between various types of information • Using icons, text boxes, definitions in the margin 45
  • 46. Appealing Marketing Material 5.1 Designing The way people see • Visual Example • Caption • Headline • Copy • Signature (Advertisers logo, name, contact information) Appeal to the need • Need to achieve • Need to agree • Need to dominate • Need for guidance • Need for prominence • Need to nurture • Need for attention • Need to escape • Need for affiliation • Need to feel safe • Physiological Need • Need for aesthetic sensation • Need to satisfy curiosity • Need for Autonomy 46
  • 47. Appealing Marketing Material 5.1 Designing Example for Illustration Only Newsletters, Presentations Photography Websites and Brochure Factsheets online PR 47
  • 48. Appealing Marketing Material 5.2 Virtual Sales Agent  Plays in-house three-minute commercial followed by 30-second commercials for paid advertising until a prospective home buyer touches the screen.  The system then shifts into kiosk mode so buyers can interactively retrieve the information they want. A touch Install at Generate Encourage 360-degree SHC Corporate Video Digital signage Virtual Tour Strategic Location Sell Advertisement screen strategic revenue to people to virtual tours interface on location like cover the visit the of SHC a 32-inch the main setup cost website products, LCD flat- entrance of print floor panel Target: Emphasize plans, and a building mortgage on SHC’s display access the where and credit 50 years corporate there is cards history and website, high traffic product achieveme interactively flow nt and unassisted 48
  • 49. Internal Communication 6 6.1 We Are One 6.2 Achieving Business Targets 49
  • 50. Internal Communication 6.1 We Are One Strategy • Continuously communicate SHC’s vision, strategy & progress • Show that leadership has a long term plan • Link short term actions to the long term plan • Remind employees of their role in delivering it • Create additional opportunities to listen to employees • Undertake frequent informal gathering, focus groups and/or engagement surveys • Ask employees to put forward their own ideas • Seek ideas for things like maintaining engagement, winning new business or reducing costs • Celebrate successes, however small • e.g. keeping or winning business, receiving thanks from a customer, overcoming challenges, winning awards, passing exams, etc. 50
  • 51. Internal Communication 6.1 We Are One Quarterly Email from ‘We are One’ the CEO Newsletter Content: Monthly about SHC Newsletter Financial • CEO Message ‘We are Performance • SHC Long Term Plan One’ • Current News • New Improvement ‘We are One’ • Success Stories Communicati on (Articles • Happy Birthday contributed • Getting to know a new staff by respective HOD) • ‘We are One’ activities • Service Excellent Corner (Mystery Shopping Results, Telephone Manners) • List of Outstanding Staffs • Puzzle Corner • Contribute Your Idea Corner ALL SHC STAFF 51
  • 52. Internal Communication 6.2 Achieving Business Targets Using GE Workout Methodology It Began at G.E.  Originally conceived by Jack Welch in late 1980’s to drive “speed, simplicity, and self-confidence” throughout GE – after years of restructuring  Focused first on reducing bureaucracy and unnecessary work (“take work out of the system”)  Soon applied to process improvements, developing new business opportunities, disseminating best practices, integrating acquisitions, and accelerating change  Used extensively with GE customers and suppliers to strengthen the value chain  Produced hundreds of millions of dollars in results ‘Now considered part of the GE culture – the way people solve problems’ 52
  • 53. Internal Communication 6.2 Achieving Business Targets Work-Out Process – High Level Start Bring people Give them Implement a challenge and review together Brainstorm solutions Make decisions at Town meeting Present recommendations Purpose of the Workout is to leverage associates to identify and implement solutions in a relatively quick manner with the support of an Executive Champion. 53
  • 54. Internal Communication 6.2 Achieving Business Targets Applying GE Workout, the benefits to SHC:  People  Involve the people who are the closest to the process Also external parties (suppliers, customer, dealers, etc.) if necessary  Best source for potential improvements  Results  Focus on tangible results  Show success with “stretch results”  Speed  Fast action planning and decision making  “Yes ” or “No” are the only answers  Apply a culture of fast implementation  Cooperation  Tear down organizational and mental barriers  Establish better communication and open new communication channels  Trust and Capacity  Build successful projects and develop capabilities and confidence of people to get things done 54
  • 55. Internal Communication 6.2 Achieving Business Targets Three Elements of a Work Out Session Rapid Results 2 – 4 Teams work on the challenge Identification of given to them from Mgmt., Business Opportunity resulting in several Rapid Results recommendations… Quick Hits Define Challenge Quick Hits Work-Out Session Design Conduct Implement 2 – 3 weeks 1 - 3 days 3 – 4 months  Set goal and select challenge  Kick-Off by Mgmt.  Move into action with together with Management   Review Data/Process/Assumption Implementation of approved quick contract on design and goal wins and projects  Identify Concerns  Prepare Event  Track progress with review session  Brainstorm Solutions  Invite Participants together with Mgmt.  Select best ideas with highest  Prepare people for roles and  Coach people impact responsibilities  Deliver measurable results  Detail Ideas (work plan, risks,…)  Collect Data (e.g. As Is Mapping)  Build on learning's  Mgmt. takes Yes/No decision  Recognize Success 55
  • 56. Internal Communication 6.2 Achieving Business Targets Essential phases of Work Out Sessions: Management Kick Off of the Work Out Brainstorming (2 – 4 Teams Brainstorm on different Areas how to improve them) Gallery of Ideas (Select the best 3-5 Ideas from each group) Selected Ideas are developed in more detail (Create decision basis for sponsor ) Town Hall Meeting (Recommendations are presented and sponsor(s) make a yes/no decision) 56
  • 57. Internal Communication 6.2 Achieving Business Targets W o rk O ut T o w n M e e t i n g R e c o m m e n d a t io n F o rm # 1 Recommendation template WorkOut Topic: Recommendation: Payoff: Possible Risk/Costs: Method of Tracking Progress: Key Steps to 1. Implement: 2. 3. Responsibility: 57
  • 58. Internal Communication 6.2 Achieving Business Targets Weekly Team Review Meetings Weekly Team Meetings should be held by the Team Leader with the implementation team. (If there is a champion he would participate as well). 1. Review Project Plan 2. Track progress and capture problems and risks 3. Discuss how to deal with problems and risks and include actions in project plan. 4. Clarify need for support and decisions 5. Set up a open issue list for things which are not captured in the project plan but need to be handled e.g. by the team leader together with sponsor. 6. Distribute Weekly Status Report (Sponsor, Consultant, Champion, other Team Leaders,…) 58
  • 59. Dennis Ooi Kok Peow Tel: 012 2082 789 E-mail: kokpeow@gmail.com