SlideShare a Scribd company logo
Presented by: SAMEER KHAN ,PGMF-
PROMOTION OF THE IRX APP. AMONG THE REALTORS
AND EXPANSION OF THE CUSTOMER BASE WITH
REFERENCE TO QUIKR INDIA PVT. LTD
INDIAN REALITY EXCHANGE
• It is a Zero-Commission marketplace for Real Estate Brokers, a mobile application
where they can connect and expand their business.
• IRX was started by Mr. Vikram Dhawan and Mr. Karan Jindal in January 2015.
• The product (app.) comes with a variety of features that distinguishes it from its
competitors but the main aim however, is to showcase the Brokers as location,
project experts and Professionals.
• Indian Reality Exchange was acquired by QuikrHomes in 2015.
2
SAMEER KHAN ,PGMF-1556SOURCE: http://www.indianrealtyexchange.com/
 Convenient (easy, appropriate,
useful)
 Broader connections and links
 Large amount of fund backed by
QuikrHomes
 Trust factor
 Covered region : Delhi NCR
 New in Real Estate Industry
 Less advertising and promotion
Strength Weakness
3
SAMEER KHAN ,PGMF-1556
SWOT ANALYSIS
 Major players like Plabro and BroEx.
 New in Reality market
 Change in Government policies
 Real-estate agents are very large in
numbers
 Higher usage of apps (both in IOS
and android)
 More advertising can be done
Opportunity Threats
4
SAMEER KHAN ,PGMF-1556
• Work as “Marketing Intern” at IRX is involved in assisting on various genres (drives) . It is
a varied role that includes:
• Data submission of every meetings through Google form on daily basis.
• Sharing “Minutes of Meeting” with industry mentor on a daily basis.
• Making realtors download the application of IRX.
• Regularly follow-up with realtors and taking feedback regarding the app. features and
technical fault.
Job Description 5
SAMEER KHAN ,PGMF-1556
CONT…
• Expert Drive – Meet the Brokers to make them aware about the IRX application.
• WBD Drive - Meeting and Inviting potential realtors for World Broker’s Day.
• Verification Drive – Verifying realtors on the basis of some proofs and providing them
with IRX Verified symbols.
• Digital Marketing:- Connecting with the target audience of the company on various
social media platforms (Facebook, Twitter, LinkedIn), promoting the posts and the
content on social media.
• Assisting the graphics and content development team with Ideas of Punch lines, Content
for Promotional Videos and Verification Sticker designs.
6
SAMEER KHAN ,PGMF-1556
LEARNING EXPERIENCE AND THE
INSIGHTS GAINED
• Industrial training
• Digital Marketing
• Offline Marketing
• Client Relationship
• Broker Expectations from Online Portals
• Encouraging Brokers to use the Application
7
SAMEER KHAN ,PGMF-1556
• To study the realtors’ awareness about the IRX app and other online platforms.
• To study the perception of realtors about the IRX app.
• To gather feedback from realtors about the IRX app.
• To promote the IRX brand and app among realtors
8
SAMEER KHAN ,PGMF-1556
Objectives of the study:
9
Research Approach Quantitative Approach
Research Design Descriptive research design
Research Instruments
Questionnaire method and
Survey as well
Scaling Nominal and Ordinal
Sampling
Non Probability Sampling
100 respondents
Data Collection Primary and Secondary
Research Tool
Excel ( Bar graph and Pie Charts)
SPSS ( Data Collection)
RESEARCH METHODOLOGY
The hypotheses are as follows:
• H1:- There is a significant relation between Awareness of IRX app and Age of Realtors.
• H0:- There is no significant relation between Awareness of IRX app and Age of Realtors.
• H1:- There is a significant relation between Gender of Realtors and Usage of app.
• H0:- There is no significant relation between Gender of Realtors and Usage of app.
10
RESEARCH METHODOLOGY
SAMEER KHAN ,PGMF-1556
11
Relation between Awareness of IRX app and Age of Realtors.
When reading this table we are interested in the results of the "Pearson Chi-Square" row. We can
see here p value = 0.632 which is greater than alpha value i.e. 0.05. This tells us that there is no
significant relationship between Awareness of IRX app and Age of realtors; accepting H0.
SAMEER KHAN ,PGMF-1556
ANALYSIS OF FINDINGS
Relation between Gender of Realtors and Usage of app.
As per this table, from the result given in "Pearson Chi-Square" row. We can see here
that p value = 0.378 which is greater than alpha value i.e. 0.05 This tells us that there is no
significant relationship between Gender of realtors and Usage of app; accepting H0.
SAMEER KHAN ,PGMF-1556
13
SAMEER KHAN ,PGMF-1556
SUGGESTIONS
 The company (IRX) should invest in order to create brand awareness among the
realtors.
 More emphasis should be paid on advertisement part, as advertisement creates
awareness about the product and IRX is still new in reality market.
 It was found that realtors are aware about the IRX app but usage is less.
 Must take a quick action on the realtors complain and genuine leads which in turn
will make the realtors happy and become brand loyal.
 As the competition is very high in the Real Estate sector the diversification step taken
by the IRX is appreciable.
KEY SKILLS ACQUIRED
14
 Leadership Skill
 Networking
 Relationship Building with clients
 Team work
 Ability to use initiative
 Business awareness.
 Learnt how to handle work pressure.
 Query handling
SAMEER KHAN ,PGMF-1556
CONCLUSION
• In Conclusion, if the Real Estate industry wants to succeed and prosper, it has to invest
in technological innovations.
• Real Estate industry is going through tough times, so to come back again in the race,
this industry need to build trust among both the buyers and sellers.
• IRX is a dedicated Real Estate industry specific mobile application that is specific for
B2B purposes and thus is expected to bring about a revolutionary change in
organizing the sector.
15
SAMEER KHAN ,PGMF-1556
16
SAMEER KHAN

More Related Content

Viewers also liked

Developing business promotional strategies and
Developing business promotional strategies andDeveloping business promotional strategies and
Developing business promotional strategies and
VIKAS KUMAR
 
Marico
MaricoMarico
IDBI Federal life insurance summer internship report
IDBI Federal life insurance summer internship reportIDBI Federal life insurance summer internship report
IDBI Federal life insurance summer internship report
Prachi Shastri
 
Summer Internship Presentation
Summer Internship PresentationSummer Internship Presentation
Summer Internship Presentation
ankitsood12
 
Quikr
Quikr Quikr
Quikr
Anant Lodha
 
Quikr
QuikrQuikr
Quikr
vvraviteja
 
SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)
SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)
SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)
amal babu
 
Summer internship project hr mba mms
Summer internship project hr mba mmsSummer internship project hr mba mms
Summer internship project hr mba mms
Sria
 

Viewers also liked (8)

Developing business promotional strategies and
Developing business promotional strategies andDeveloping business promotional strategies and
Developing business promotional strategies and
 
Marico
MaricoMarico
Marico
 
IDBI Federal life insurance summer internship report
IDBI Federal life insurance summer internship reportIDBI Federal life insurance summer internship report
IDBI Federal life insurance summer internship report
 
Summer Internship Presentation
Summer Internship PresentationSummer Internship Presentation
Summer Internship Presentation
 
Quikr
Quikr Quikr
Quikr
 
Quikr
QuikrQuikr
Quikr
 
SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)
SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)
SUMMER INTERNSHIP REPORT 2016 (MECHANICAL ENGINEERING)
 
Summer internship project hr mba mms
Summer internship project hr mba mmsSummer internship project hr mba mms
Summer internship project hr mba mms
 

Similar to IRX Summer Internship Report

Accelerating partnerships and generating revenue with API management
Accelerating partnerships and generating revenue with API managementAccelerating partnerships and generating revenue with API management
Accelerating partnerships and generating revenue with API management
tnooz
 
Exploring Android and iPhone App Development Companies in the USA
Exploring Android and iPhone App Development Companies in the USAExploring Android and iPhone App Development Companies in the USA
Exploring Android and iPhone App Development Companies in the USA
chawtechsolutions
 
Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...
Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...
Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...
Judy Loehr
 
Sales - Lead Conversion
Sales - Lead ConversionSales - Lead Conversion
Sales - Lead Conversion
Geeta Hansdah
 
QualityKiosk_Case.pdf
QualityKiosk_Case.pdfQualityKiosk_Case.pdf
QualityKiosk_Case.pdf
Aniket94243
 
ECD Presentation
ECD PresentationECD Presentation
ECD Presentation
Rachel Cheang
 
Business plan for a millimeter wave technology business
Business plan for a millimeter wave technology businessBusiness plan for a millimeter wave technology business
Business plan for a millimeter wave technology business
Juliet John
 
NAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising Funds
NAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising FundsNAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising Funds
NAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising Funds
A-Square Technology Group/Nascent Applied Methods and Endeavors
 
MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)
Kanchana K
 
MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)
Kanchana K
 
Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing
Pentaho
 
An overview architecting a feature rich on-demand delivery app!
An overview architecting a feature rich on-demand delivery app!An overview architecting a feature rich on-demand delivery app!
An overview architecting a feature rich on-demand delivery app!
Shelly Megan
 
arago - NOAH19 Berlin
arago - NOAH19 Berlinarago - NOAH19 Berlin
arago - NOAH19 Berlin
NOAH Advisors
 
Internship Report _ Akhilesh Kr Vasisht
Internship Report _ Akhilesh Kr VasishtInternship Report _ Akhilesh Kr Vasisht
Internship Report _ Akhilesh Kr Vasisht
Akhilesh Vasisht
 
Empower Your Expertise Navigating FinTech App Development in 2024
Empower Your Expertise Navigating FinTech App Development in 2024Empower Your Expertise Navigating FinTech App Development in 2024
Empower Your Expertise Navigating FinTech App Development in 2024
SeasiaInfotech2
 
Mobile App Based Real Estate Agent Networking Platforms
Mobile App Based Real Estate Agent Networking PlatformsMobile App Based Real Estate Agent Networking Platforms
Mobile App Based Real Estate Agent Networking Platforms
Prateek Tembe
 
Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...
Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...
Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...
iProgrammer Solutions Private Limited
 
Basecamp Tel Aviv Keynote 2018
Basecamp Tel Aviv Keynote 2018Basecamp Tel Aviv Keynote 2018
Basecamp Tel Aviv Keynote 2018
Adama Sidibé
 
Indiatel ltd
Indiatel ltdIndiatel ltd
Indiatel ltd
Kumar Rama Shankar
 
99 acres
99 acres99 acres
99 acres
sushantnair
 

Similar to IRX Summer Internship Report (20)

Accelerating partnerships and generating revenue with API management
Accelerating partnerships and generating revenue with API managementAccelerating partnerships and generating revenue with API management
Accelerating partnerships and generating revenue with API management
 
Exploring Android and iPhone App Development Companies in the USA
Exploring Android and iPhone App Development Companies in the USAExploring Android and iPhone App Development Companies in the USA
Exploring Android and iPhone App Development Companies in the USA
 
Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...
Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...
Bootstrap, Angel or Venture: Determining the Right Financing Strategy for You...
 
Sales - Lead Conversion
Sales - Lead ConversionSales - Lead Conversion
Sales - Lead Conversion
 
QualityKiosk_Case.pdf
QualityKiosk_Case.pdfQualityKiosk_Case.pdf
QualityKiosk_Case.pdf
 
ECD Presentation
ECD PresentationECD Presentation
ECD Presentation
 
Business plan for a millimeter wave technology business
Business plan for a millimeter wave technology businessBusiness plan for a millimeter wave technology business
Business plan for a millimeter wave technology business
 
NAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising Funds
NAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising FundsNAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising Funds
NAME's PowerPoint Seller Assisted Marketing Plan's Script for Raising Funds
 
MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)
 
MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)MarinoTech_Corporate_Deck_-Kanchana (1)
MarinoTech_Corporate_Deck_-Kanchana (1)
 
Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing
 
An overview architecting a feature rich on-demand delivery app!
An overview architecting a feature rich on-demand delivery app!An overview architecting a feature rich on-demand delivery app!
An overview architecting a feature rich on-demand delivery app!
 
arago - NOAH19 Berlin
arago - NOAH19 Berlinarago - NOAH19 Berlin
arago - NOAH19 Berlin
 
Internship Report _ Akhilesh Kr Vasisht
Internship Report _ Akhilesh Kr VasishtInternship Report _ Akhilesh Kr Vasisht
Internship Report _ Akhilesh Kr Vasisht
 
Empower Your Expertise Navigating FinTech App Development in 2024
Empower Your Expertise Navigating FinTech App Development in 2024Empower Your Expertise Navigating FinTech App Development in 2024
Empower Your Expertise Navigating FinTech App Development in 2024
 
Mobile App Based Real Estate Agent Networking Platforms
Mobile App Based Real Estate Agent Networking PlatformsMobile App Based Real Estate Agent Networking Platforms
Mobile App Based Real Estate Agent Networking Platforms
 
Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...
Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...
Driving Sales Excellence: Mobile App Development for Idea's Postpaid Retail T...
 
Basecamp Tel Aviv Keynote 2018
Basecamp Tel Aviv Keynote 2018Basecamp Tel Aviv Keynote 2018
Basecamp Tel Aviv Keynote 2018
 
Indiatel ltd
Indiatel ltdIndiatel ltd
Indiatel ltd
 
99 acres
99 acres99 acres
99 acres
 

Recently uploaded

BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
knox groups real estate
 
Gurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdfGurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdf
jwhrsngh23
 
Things to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 EditionThings to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 Edition
Tom Blefko
 
Serviced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For RentalServiced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For Rental
GVRenting
 
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdfAddis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
hawifitumaed
 
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
a7xjm8n4
 
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
olgashriki
 
SVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property BroadcastSVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property Broadcast
SVN International Corp.
 
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdfHollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
VickyAulakh1
 
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDFVictory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
VickyAulakh1
 
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
z5h13yqc
 
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri IstanbulListing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey
 
Recent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaRecent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in India
Farmland Bazaar
 
G+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdfG+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdf
hawifitumaed
 
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyAVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
Listing Turkey
 

Recently uploaded (15)

BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
 
Gurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdfGurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdf
 
Things to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 EditionThings to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 Edition
 
Serviced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For RentalServiced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For Rental
 
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdfAddis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
 
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
 
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
 
SVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property BroadcastSVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property Broadcast
 
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdfHollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
 
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDFVictory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
 
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
 
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri IstanbulListing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri Istanbul
 
Recent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaRecent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in India
 
G+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdfG+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdf
 
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyAVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
 

IRX Summer Internship Report

  • 1. Presented by: SAMEER KHAN ,PGMF- PROMOTION OF THE IRX APP. AMONG THE REALTORS AND EXPANSION OF THE CUSTOMER BASE WITH REFERENCE TO QUIKR INDIA PVT. LTD
  • 2. INDIAN REALITY EXCHANGE • It is a Zero-Commission marketplace for Real Estate Brokers, a mobile application where they can connect and expand their business. • IRX was started by Mr. Vikram Dhawan and Mr. Karan Jindal in January 2015. • The product (app.) comes with a variety of features that distinguishes it from its competitors but the main aim however, is to showcase the Brokers as location, project experts and Professionals. • Indian Reality Exchange was acquired by QuikrHomes in 2015. 2 SAMEER KHAN ,PGMF-1556SOURCE: http://www.indianrealtyexchange.com/
  • 3.  Convenient (easy, appropriate, useful)  Broader connections and links  Large amount of fund backed by QuikrHomes  Trust factor  Covered region : Delhi NCR  New in Real Estate Industry  Less advertising and promotion Strength Weakness 3 SAMEER KHAN ,PGMF-1556 SWOT ANALYSIS
  • 4.  Major players like Plabro and BroEx.  New in Reality market  Change in Government policies  Real-estate agents are very large in numbers  Higher usage of apps (both in IOS and android)  More advertising can be done Opportunity Threats 4 SAMEER KHAN ,PGMF-1556
  • 5. • Work as “Marketing Intern” at IRX is involved in assisting on various genres (drives) . It is a varied role that includes: • Data submission of every meetings through Google form on daily basis. • Sharing “Minutes of Meeting” with industry mentor on a daily basis. • Making realtors download the application of IRX. • Regularly follow-up with realtors and taking feedback regarding the app. features and technical fault. Job Description 5 SAMEER KHAN ,PGMF-1556
  • 6. CONT… • Expert Drive – Meet the Brokers to make them aware about the IRX application. • WBD Drive - Meeting and Inviting potential realtors for World Broker’s Day. • Verification Drive – Verifying realtors on the basis of some proofs and providing them with IRX Verified symbols. • Digital Marketing:- Connecting with the target audience of the company on various social media platforms (Facebook, Twitter, LinkedIn), promoting the posts and the content on social media. • Assisting the graphics and content development team with Ideas of Punch lines, Content for Promotional Videos and Verification Sticker designs. 6 SAMEER KHAN ,PGMF-1556
  • 7. LEARNING EXPERIENCE AND THE INSIGHTS GAINED • Industrial training • Digital Marketing • Offline Marketing • Client Relationship • Broker Expectations from Online Portals • Encouraging Brokers to use the Application 7 SAMEER KHAN ,PGMF-1556
  • 8. • To study the realtors’ awareness about the IRX app and other online platforms. • To study the perception of realtors about the IRX app. • To gather feedback from realtors about the IRX app. • To promote the IRX brand and app among realtors 8 SAMEER KHAN ,PGMF-1556 Objectives of the study:
  • 9. 9 Research Approach Quantitative Approach Research Design Descriptive research design Research Instruments Questionnaire method and Survey as well Scaling Nominal and Ordinal Sampling Non Probability Sampling 100 respondents Data Collection Primary and Secondary Research Tool Excel ( Bar graph and Pie Charts) SPSS ( Data Collection) RESEARCH METHODOLOGY
  • 10. The hypotheses are as follows: • H1:- There is a significant relation between Awareness of IRX app and Age of Realtors. • H0:- There is no significant relation between Awareness of IRX app and Age of Realtors. • H1:- There is a significant relation between Gender of Realtors and Usage of app. • H0:- There is no significant relation between Gender of Realtors and Usage of app. 10 RESEARCH METHODOLOGY SAMEER KHAN ,PGMF-1556
  • 11. 11 Relation between Awareness of IRX app and Age of Realtors. When reading this table we are interested in the results of the "Pearson Chi-Square" row. We can see here p value = 0.632 which is greater than alpha value i.e. 0.05. This tells us that there is no significant relationship between Awareness of IRX app and Age of realtors; accepting H0. SAMEER KHAN ,PGMF-1556 ANALYSIS OF FINDINGS
  • 12. Relation between Gender of Realtors and Usage of app. As per this table, from the result given in "Pearson Chi-Square" row. We can see here that p value = 0.378 which is greater than alpha value i.e. 0.05 This tells us that there is no significant relationship between Gender of realtors and Usage of app; accepting H0. SAMEER KHAN ,PGMF-1556
  • 13. 13 SAMEER KHAN ,PGMF-1556 SUGGESTIONS  The company (IRX) should invest in order to create brand awareness among the realtors.  More emphasis should be paid on advertisement part, as advertisement creates awareness about the product and IRX is still new in reality market.  It was found that realtors are aware about the IRX app but usage is less.  Must take a quick action on the realtors complain and genuine leads which in turn will make the realtors happy and become brand loyal.  As the competition is very high in the Real Estate sector the diversification step taken by the IRX is appreciable.
  • 14. KEY SKILLS ACQUIRED 14  Leadership Skill  Networking  Relationship Building with clients  Team work  Ability to use initiative  Business awareness.  Learnt how to handle work pressure.  Query handling SAMEER KHAN ,PGMF-1556
  • 15. CONCLUSION • In Conclusion, if the Real Estate industry wants to succeed and prosper, it has to invest in technological innovations. • Real Estate industry is going through tough times, so to come back again in the race, this industry need to build trust among both the buyers and sellers. • IRX is a dedicated Real Estate industry specific mobile application that is specific for B2B purposes and thus is expected to bring about a revolutionary change in organizing the sector. 15 SAMEER KHAN ,PGMF-1556