Real estate today is a booming industry where many players are trying to voice out their consumers in different way the Fact remains what are the consumers looking at ?
Therefore Consultancy through this study brings out the factors and figures Real Estate Marketing managers should look at when communication to the customers
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3. About Therefore Solutions
Therefore Consulting and Solutions Pvt. Ltd. (TC&S) is a technology
enabled marketing research and analytics solution provider
Our pioneering research and analytical methods help business
measure equity, perception and position a brand appropriately
amongst its target audience
Our analytics are designed to help a business understand the
efficiency of the marketing and communication plan
In a nutshell, we provide an integrated platform in order to arrive at
an informed decision
4. Background
Ethnographic analysis for Campaign A, XYZ Ltd. print campaign
Project: Go Green…
Number of Creative: Two
Medium: Newspaper
Publication: Publication A, publication B
Campaign ID: IB23432
Campaign Cost: Rs 20 lacs
Study was carried on the call recordings of the above mentioned
campaign.
Note: The above names are only for reference and has no direct connect to any brand or company
5. Glimpse
Total Calls: 308 calls Calls Analyzed: 210 calls Failed Calls : 98 calls
163
calls
47
calls
Total Call Duration: 12hrs 39min 44sec Average Call Duration: 04 min.
Less than 15 sec: 01 calls
Between 15 sec & 1:59 min: 73 calls
Between 2 min & 5 min: 85 calls
Above 5 min: 51 calls
9. Call Duration Wise Conversion Ratio
0%
10%
20%
30%
40%
50%
60%
70%
<15 sec 15 sec to 1:59 min 2 min to 5 min > 5 min
Ratio in %
Conversion Ratio of 5min
slot seem higher
Conversion refers to the count of callers accepting to come for visit
10. 0
10
20
30
40
50
60
70
80
90
<15 sec 15 sec to 1:59 min 2 min to 5 min > 5 min
CostPerConversion Opportunity To Speak
Cost Per Min= Cost per lead/ Total time in given category
Cost Incurred= (cost per min* total min)/conversion
Total Calls: 73
Total Time:
1hr 33min
Cost Incurred :
Rs.40,828.33
Total Calls: 85
Total Time:
4hr 29min
Cost Incurred :
Rs23,639.35
Total Calls: 51
Total Time:
6hr 37min
Cost Incurred :
: Rs32,682.80
Total Calls: 01
Total Time:
11 sec
Cost Incurred :
Rs2,633.52
Calls more than 5mins cost
more with less leads as
compared to 2 to 5min slot
11. 0
5000
10000
15000
20000
25000
30000
35000
40000
45000
<15 sec 15 sec to 1:59 min 2 min to 5 min > 5 min
CostPerConversion
Cost Per Conversion
Conversion: 06
Conversion Ratio:
8%
Cost Per
Conversion:
Rs40,828.33
Conversion: 30
Conversion Ratio:
35%
Cost Per
Conversion:
Rs23,639.35
Conversion: 0
Conversion Ratio:
no conversion
Cost Per
conversion:
Rs2,633.52
Conversion Ratio = Total Call/Visits Fixed
Cost Per Conversion = Time Required Per Conversion * Cost Per Min Of A Given Category
Conversion: 32
Conversion Ratio:
63%
Cost Per
Conversion:
Rs32,682.80
Total Calls: 73 Total Calls: 85 Total Calls: 51Total Calls: 01
12. Snapshot Of Call Time to Conversion
Count Of Calls: 01
Total Time : 11 sec
Cost Per Conversion : No Conversion
Count Of Calls: 73
Total Time : 1hr 33min 2sec
Cost Per Conversion: Rs.40828.33
Count Of Calls: 85
Total Time : 4hr 29min 29sec
Cost Per Conversion : Rs. 23639.35
Count Of Calls: 51
Total Time : 6hr 37min 13sec
Cost Per Conversion : Rs.32682.80
Calls less than 15 sec Calls from 15 sec to 2min
Calls from 2min to 5min Calls more than 5min
Conversion Ratio: 0%
Conversion Ratio: 35%
Conversion Ratio: 8%
Conversion Ratio: 63%
13. Conversion Cost - Case 1
0.00
5000.00
10000.00
15000.00
20000.00
25000.00
30000.00
35000.00
40000.00
45000.00
0
20
40
60
80
100
120
140
<15 sec 15 sec to 1:59 min 2 min to 5 min > 5 min
Total Calls Cost Per Conversion Revised Cost Per Conversion
The cost per conversion
decreases if the leads from 15
sec to 2min slot are
transferred to 2to5min slot
23. Number Exchanged Vs. Visit Fixed
100
48%110
52%
YES No
83
83%
17
17%
Male
Female
58
58%
42
42%
Agreed for Visits Disagree
Agreed for
Visits
50
86%
8
14%
Male
Female
Number
Exchanged
25. Area Wise Calls
Calling Area Calls Calling Area Calls
AIROLI 1 MUMBAI 1
ANDHERI 2 NAVI MUMBAI 2
DADAR 1 NERUL 1
JOGESHWARI 1 SION 1
JUHU 1 THANE 2
KALYAN 1 VASAI 1
KURLA 3 VIRAR 1
MALAD 1 WADALA 1
NA 189
189
90%
21
10%
NA
Total
NA: Callers didn’t mention the area, nor
was it inquired by the agent
29. Agent Wise Analysis
Amit
Total Time Spent: 111 min.
Average Time Spent: 3:30min.
Numbers Exchanged: 12
Site visit : 9
Arpan
Total Time Spent: 64 min.
Average Time Spent: 2:45 min.
Numbers Exchanged: 16
Site visit : 6
Ashwin
Total Time Spent: 17 min.
Average Time Spent: 2:47 min.
Numbers Exchanged: 5
Site visit : 5
Gargi:
Total Time Spent: 39 min.
Average Time Spent: 3:17 min.
Numbers Exchanged: 4
Site visit : 5
30. Agent Wise Analysis
Gini
Total Time Spent: 41 min.
Average Time Spent: 8:10 min.
Numbers Exchanged: 3
Site visit : 4
Mayur
Total Time Spent: 18 min.
Average Time Spent: 3:00 min.
Numbers Exchanged: 3
Site visit : 2
Mohit
Total Time Spent: 109 min.
Average Time Spent: 6:00 min.
Numbers Exchanged: 12
Site visit : 7
Prashant:
Total Time Spent: 66 min.
Average Time Spent: 3:10 min.
Numbers Exchanged: 9
Site visit : 10
31. Agent Wise Analysis
Puneet
Total Time Spent: 68 min.
Average Time Spent: 4:13 min.
Numbers Exchanged: 8
Site visit : 6
Mohanty
Total Time Spent: 103 min.
Average Time Spent: 3:00 min.
Numbers Exchanged: 16
Site visit : 4
Vishal:
Total Time Spent: 27 min.
Average Time Spent: 3:00min.
Numbers Exchanged: 2
Site visit : 1
Warren:
Total Time Spent: 52 min.
Average Time Spent: 3:58 min.
Numbers Exchanged: 5
Site visit : 5
32. Agent Wise Analysis
Unknown (Phone No: 8082630717)
Total Time Spent: 37 min.
Average Time Spent: 2:50 min.
Numbers Exchanged: 5
Site visit : 4
Unknown (Phone No: 9004458246)
Total Time Spent: 4 min.
Average Time Spent: 1:54 min.
Numbers Exchanged: 0
Site visit : 0
Unknown (Phone No: 9987903241)
Total Time Spent: 6 min.
Average Time Spent: 6:00 min.
Numbers Exchanged: 0
Site visit : 0
39. Issues or Questions asked
Majority of the questions asked or answered are call which are within 2 minutes
Out of 210 calls only 32 people have asked for the flat availability, where as only
102 have made an in-depth inquiry
It was observed that majority of the callers are males with 78%
Out of 210 people who called 58 agreed to visit the property
51% of the people who called had “Company Name” as brand recall while 24%
referred it as “Products”
Majority of the language spoken was English with 54%, followed by Hindi with 43%
as next preference
90% of the people who called, did not refer where they stay, neither was it asked
by the Agents
86 out of 308 calls, i.e. 28% of the total calls, were dropped calls.