Attracting and Retaining Clients in the Developer Business: from Request to Contract
BACKGROUND
Our client is a real estate development company operating in a major metropolitan region. They specialize in the construction and management of residential and commercial properties. The client required a reduction in the sales cycle and lead costs in the real estate development business.
CHALLENGES
- Implementation of the functionality for managing applications for the purchase and lease of real estate
- Lead generation
- Integration with the Contact Center (not a SAP solution)
- Sales management
- Creation of a catalog of products and services (real estate on the market)
- Management of the “sales funnel” and monitoring the management performance (KPIs)
SOLUTION HIGHLIGHTS
- Activation and configuration of standard C4C functionality
- Development of functionality for processing real estate acquisition requests
- Development of a database for managing real estate objects
- Setting up integration with the Contact Center
- Integration with 1C
KEY RESULTS
- Reduced labor costs related to sales managers through automation and the use of a systematized electronic catalog of real estate properties.
- A shortened sales cycle by preserving all information about potential clients’ previous inquiries.
- The use of unified tools to consolidate deal information, which has eliminated the human factor and made the process of KPI control for managers transparent.
- Instant selection of relevant offers based on the characteristics of the client’s request.
- An automated lead generation process that systematizes the manager’s work: at each stage of the sales funnel, specific activities are established, such as making calls, placing ads on social media, and sending standard letters to potential clients.
- 20% increase in the conversion rate from call to property visit.
- 10% increase in the conversion rate from visit to deal.