Final Marketing Plan Yes
Final Marketing Plan Yes
Final Marketing Plan Yes
MARKETING PLAN
(Strategic Management)
SUBMITTED BY:
ABAYON, MICHELLE
DAVID, JESSICA S.
DELLOSA, CHARMAINE L.
GUISIHAN, MIKEE Q.
MANIA, AIRA C.
SUBMITTED TO:
PROFESSOR. BONIFACIO UMACLAP
FEBRUARY 2023
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POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
Table of Contents
I. Executive Summary
Recommendation
II. Profile of the Business Establishment/Institutions
Mission, Vision, Objective
Product
III. Current Marketing Situation
Unique Selling Proposition
IV. Opportunity and Issue Analysis
SWOT analysis
Competitors
V. Objectives
Marketing & Operation
Management & Financial
VI. Marketing Strategy
Marketing Mix, Product
Pricing, Distributors
Promotion, Segmentation, Positioning, Strategies
Target Market, Key to Success, Marketing Research
VII. Action Plan/Programs
VIII. Projected Profit & Loss Statement
IX. Control
Monitoring & Budgeting and Monitoring Spending
X. References
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EXECUTIVE SUMMARY
accordance with the relevant rules and regulations established by the Department of
Trade and Industry, Inner SPARC Realty Services is a business name registered
under a sole proprietorship on October 14, 2019. Inner SPARC Realty Services,
founded by licensed real estate broker Mr. Gabriel Villamor Libacao Jr., REB,
aspires to provide Filipinos with the opportunity to own their own dream house by
(February 2023) Inner SPARC become Corporation with Mr. Erwin G. Baguioan and
with an increasing number of developers, builders, and real estate firms nationwide.
This paper will discuss the SPARC Plan. By providing services and natural
guarantees the satisfaction of its customers. Adopting the initiative and welcoming
opportunities, which results in a champion mindset for valued partners and clients.
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MISSION:
Inner SPARC Realty Services’ vision is to become the leading real estate
company in the Philippines providing world-class real estate services that meet our
client needs all the time.
VISION:
CORE VALUES:
There are five core values which are composed Service, Professionalism,
Attitude, Result, and Champion.
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POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
Inner SPARC Realty Services is a business name registered under the sole
proprietorship registered on October 14, 2019 in compliance with the applicable
rules and regulations prescribed by the Department of Trade and Industry and now
registered as corporation last February 2023. The company also has a growing
number of Developers/ Builders and Realty partners across the country. We’ve also
served as residential Property Management where we’ve gained a good reputation
in property management; because we deliver a service that provides integrity,
professionalism and peace of mind to our clients.
The Inner SPARC Realty Services current marketing situation has grown
throughout the past years which entails such opportunities and prospects particularly
in this modern era where the application of technology is heavily used for both
clients and agents for faster communication and to reach a wide selection of
potential clients.
However, despite the positive points mentioned, the downside of this industry
still exists. For instance, the major challenge of real estate is their competitors who
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possess larger resources and experienced agents that contribute to their company’s
success.
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Competition
Implications for real estate and construction Numerous industries have made
significant digital transformation strides with other strategies to attract clients.
Direct Competitors
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Indirect Competitors
Individuals or Middlemen who offer rent to own, “sangla-tira”, or other
services in exchange for a percentage or portion of the property’s price once
said.
MARKET SEGMENTATION
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The following SWOT analysis captures key strengths and weaknesses within
the company and describes the opportunities and threats facing the Inner Sparc
Real Estate Company.
STRENGTH WEAKNESSES
OPPORTUNITY THREAT
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OBJECTIVES
Marketing
Goal:
Double the sales revenues compared to last year.
Given its position in the market now, Inner SPRAC Realty’s goal should be
expansion. By implementing strategies focusing on the following, a market leader
can preserve, expand, and maintain its position in the industry:
Bring in new clients.
Increased service.
Discover new applications for promoting the properties.
Uphold a high standard of service.
Hand out monthly postings to social media.
Provide freebies and give away.
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POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
Operation
Goal:
Continuous seminars and accreditation.
Provide customers with quality services and properties.
Provide tools for agents.
Objective:
Maintain monthly meetings for your agents.
Have an open-door policy for agents’ suggestions and concerns.
Give all workers introductory training.
Give a list of animated series and source material for the different
properties.
Management
Goal:
Create an effective leadership team with knowledge and expertise.
Objective:
Have regular management meetings.
Ongoing education, such as real industry.
Every at least 3 months reviews
Performance rewards
Encourage a creative atmosphere.
Financial
Goal:
Provide transportation for agents and necessities.
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Objective:
To motivate agents in selling properties.
When properties are turned, check the after-sales feedback.
Follow the annual report of BIR.
MARKETING STRATEGY
Hire more professional agents- Since one of the factors, in order to achieve
its success, is their agent itself, hiring more of them would allow us to reach more
potential clients especially when they are effective agents which also creates a good
customer relationship and exceptional experience.
Expand their company- it is a significant challenge for a new company in the
real estate industry to surpass their previous performance in the market. As a result,
expanding its business in specific areas could help us become more popular and
attract new customers. This could be accomplished through the customer,
particularly through word of mouth and referrals.
Our homes serve as the foundation upon which we construct and develop
ourselves. This pandemic gave us the chance to rethink our lifestyle and decision-
making processes, particularly with regard to our living spaces.
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The SPARC plan emphasizes the importance of freedom. Every Sparc home
features an open floor plan that enables buyers to more easily customize the interior
and make the most of available space.
ACTION PLAN/PROGRAMS
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March 2023
Create Social Media Campaign or page
Gather customer’s concerns and feedback
Discuss the initial launch Plan
June 2023
Prepare marketing teams
Provide strategy
July 2023
September 2023
The customer to reach the website link and
social media page
Update the followers
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CONTROL
Monitoring and implementing adjustments to the proposed recommendation
as they develop and as necessary is the marketing control process. If an objective
states where you want to be and the plan lays out a long-term strategy to get there,
control will show you if you're on the right track or if you've reached your goal. The
control process also incorporates monitoring, assessment, and measurement.
Monitoring marketing methods is significant because resources are limited and
valuable. To be in control, expectations must be established.
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Monitoring
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Contingency Plan
Inner SPARC Realty Services encounter a lot of factors that affect the company’s
performance. The company’s downside right now is lacking manpower due to its
internal environment. They also have limited transportation that is convenient for our
agents' clients, so it is beneficial to provide additional vehicle services. Lack of
marketing advertisements is also one of the company's weaknesses, to increase the
marketing department we can utilize social media platforms to engage more clients.
By establishing industry best practices, such as having open houses safe, being
transparent with clients, and maintaining up with the market developments, a real
estate risk management strategy can help prevent significant risks. On the basis of
these factors one of our services has a quality control problem, Inner SPARC Realty
has an established procedure to handle it proactively and appropriately. It includes
conducting seminars and referrals for accreditations, providing free service vehicles
for agents to meet respected customers, and invest promotional advertisement in
different social media platforms.
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REFERENCES
https://innersparcrealty.com/
https://www.insureon.com/blog/risk-management-threats-for-real-estate-agents?
fbclid=IwAR2d1xPj5T6TjNCbyFiCpfcuqanVBD09sw5S4gGcKhJ02h8hkWDQD5Vln7
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https://www.facebook.com/InnerSPARCRealtyServices
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