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6 STEPS TO SUCCESS

                      MANAN CHOKSI
                    REGIONAL DIRECTOR
            RE/MAX MUMBAI GUJARAT MAHARASHTRA



RE/MAX Mumbai – Gujarat – Maharashtra
Service Marketing
• Services are intangible
• Building relationships and
  working together with the clients
• Service providers must be
  selective in choosing prospects


RE/MAX Mumbai Gujarat Maharashtra       www.remax-mgm.com
Marketing
•   Types of services you offer
•   How you position and package your service
•   What you charge
•   Your marketing material such as ads, webpages
•   Presenting yourself in meeting
•   Treating clients
•   Networking events
•   Referrals
RE/MAX Mumbai Gujarat Maharashtra   www.remax-mgm.com
Myths Of Marketing
• Marketing does not work
• I have tried insert marketing and it doesn’t
  work
• I don’t have time for marketing
• Marketing is a waste of time and money
• People who provide great service don’t
  need to market
• Marketing does not work in my industry

RE/MAX Mumbai Gujarat Maharashtra        www.remax-mgm.com
Successful Marketing
•   Setting campaign goals and metrics
•   Narrowing your focus
•   Identifying what prospects want
•   Clarifying your marketing message
•   Attracting clients
•   Testing and tracking


RE/MAX Mumbai Gujarat Maharashtra          www.remax-mgm.com
Steps To Follow
•   Create the service
•   Educate the prospects
•   Building the rapport
•   Demonstrating the passion
•   Putting client interest first
•   Providing excellent service
•   Keeping in touch
RE/MAX Mumbai Gujarat Maharashtra    www.remax-mgm.com
6 steps to success
•   STEP 1. GOAL SETTING
•   STEP 2. TARGET AUDIENCE
•   STEP 3. MARKETING MESSAGE
•   STEP 4. EDUCATION BASED MARKETING
•   STEP 5. REFERRAL MARKETING
•   STEP 6. YOUR MONTHLY MARKETING PLAN



RE/MAX Mumbai Gujarat Maharashtra       www.remax-mgm.com
Step 1: Goal Setting –
                                                 Personal
•   What are your strengths
•   What do you love most about your business
•   Which areas do you enjoy/prefer? Why
•   Which areas you have experience in ?
•   What type of people you like to work with?
•   Describe your ideal life 5 years from now?
    Where do you see yourself? What are you
    doing? Who are you working with?

RE/MAX Mumbai Gujarat Maharashtra       www.remax-mgm.com
Step 1: Goal Setting –
                                                 Lifestyle
•   Balancing work with life
•   Days of vacation you will take
•   Activities that give sense of meaning and pleasure
•   What do you think most of the time
•   What would you do if you have all the money
•   Ideal lifestyle 5 years from now? Your net worth?
    Your family ? House ? Car? Organization?




RE/MAX Mumbai Gujarat Maharashtra         www.remax-mgm.com
Step 1: Goal Setting
SMART Goal Setting
• Specific
• Measurable
• Achievable
• Realistic
• Timely

Exercise: Set goals

RE/MAX Mumbai Gujarat Maharashtra         www.remax-mgm.com
Step 2: Identify Target
                                                 Audience
• Specific need or want for your product or service
• Have the ability to buy your product or service
• Are willing to buy your product or service
Reaching prospects in affordable budget
• Picking a narrow target audience
• Focusing solely on them to understand needs,
  concerns, motivation and behaviour
• Presenting yourself as a specialist



RE/MAX Mumbai Gujarat Maharashtra          www.remax-mgm.com
Step 2: Identify Target
                                                 Audience
Choosing target market
• Easy to reach
• Small enough to be manageable
• Fit with personality and strengths
• Profitable
• Underserved

Exercise: Define target market

RE/MAX Mumbai Gujarat Maharashtra          www.remax-mgm.com
Step 2: Identify Target
                                                 Audience
Ideal Clients
• Action Oriented
• Collaborative
• Focused
• Inquisitive
• Resilient

RE/MAX Mumbai Gujarat Maharashtra          www.remax-mgm.com
Step 3: Marketing Message
Differentiating Factor
• Specific to target audience
• In line with your strengths
Unique Selling Proposition (USP)
• Target audience
• What will you do for them
• How different from others
• Your solution to target audience

RE/MAX Mumbai Gujarat Maharashtra     www.remax-mgm.com
Step 3: Marketing Message

Exercise :
Problem – Solution –
 Benefit of solution
RE/MAX Mumbai Gujarat Maharashtra     www.remax-mgm.com
Step 3: Marketing Message
15 second speech :

I help (prospect)
Who are having problems in (problems of
   prospects)
To achieve/get (results by working )
In (convenience)
Do you know (anyone with same)

RE/MAX Mumbai Gujarat Maharashtra     www.remax-mgm.com
Step 4: Education Based
                                                 Marketing
Client Buying Process
• Become aware
• Gather information
• Evaluate the options for them
• Take the action
• Re-evaluate the options
RE/MAX Mumbai Gujarat Maharashtra           www.remax-mgm.com
Step 4: Education Based
                                                 Marketing
• Information Gathering Stage
  - Trusted sources
  - Gap in knowledge
  - Educate, educate, educate
• Prospecting:
  - Cold calls
  - E-mailers and fliers
  - Door knocking
  - Guidance and seminars


RE/MAX Mumbai Gujarat Maharashtra           www.remax-mgm.com
Step 4: Education Based
                                                 Marketing
Prospects might
• Visit your website
• Request a free guide
• Join your email list
• Listen to your advertisements
• Read your blogs
• Read an article you would have written
• Might attend a seminar that you are holding



RE/MAX Mumbai Gujarat Maharashtra           www.remax-mgm.com
Step 4: Education Based
                                                 Marketing
Prospects need
• Information that is specific and valuable to their
  specific wants, needs and concerns
What is in the Prospect Mind
• Is he credible?
• Can he/she do what he/she says?
• Can I afford his fees?
• Is there another better agents?
• Can I trust him?


RE/MAX Mumbai Gujarat Maharashtra           www.remax-mgm.com
Step 4: Education Based
                                                 Marketing
Sales
• Who is contacting you ?
• How did they find you?
• What stage of decision making process they are ?
• Are they qualified to do business?

Decide whether:
Inquiry OR Lead OR Qualified Lead



RE/MAX Mumbai Gujarat Maharashtra           www.remax-mgm.com
Step 4: Education Based
                                                 Marketing
Qualified Lead
• How long have you been looking to buy?
• Where do you live, how long you have stayed?
• Are you renting or wanting to own?
• Will you need to sell existing to purchase new?
• Have you seen homes that you liked?
• How soon do you want to move?
• What price range are you considering?
• Any special requirements for home?


RE/MAX Mumbai Gujarat Maharashtra           www.remax-mgm.com
Step 4: Education Based
                                                 Marketing
Sales when
• Ask questions to uncover buyer’s priority
• Listen to what prospect says
• Explain home buying – selling process
• Explain how you are different from other agents
• Explain why you are worth the fee
• Handle objections
• Get your prospect to sign a contract



RE/MAX Mumbai Gujarat Maharashtra           www.remax-mgm.com
Step 5: Referral System
•   What kind of referrals you want?
•   Be specific
•   Set an expectation of the referral
•   Ask for referrals at celebratory moments
•   Ask for referral on transaction completion
•   Hold contests or give referral bonuses
•   Client appreciation events
•   Articles or Thank you gifts
•   Partner with other professional


RE/MAX Mumbai Gujarat Maharashtra       www.remax-mgm.com
Step 6: Monthly Marketing
                                                 Plan
• Goals
• Referral Partner marketing
• Past Client marketing
• Prospecting
• Other activities
RE/MAX Mumbai Gujarat Maharashtra      www.remax-mgm.com
THANK YOU


RE/MAX Mumbai Gujarat Maharashtra   www.remax-mgm.com

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6 steps to success

  • 1. 6 STEPS TO SUCCESS MANAN CHOKSI REGIONAL DIRECTOR RE/MAX MUMBAI GUJARAT MAHARASHTRA RE/MAX Mumbai – Gujarat – Maharashtra
  • 2. Service Marketing • Services are intangible • Building relationships and working together with the clients • Service providers must be selective in choosing prospects RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 3. Marketing • Types of services you offer • How you position and package your service • What you charge • Your marketing material such as ads, webpages • Presenting yourself in meeting • Treating clients • Networking events • Referrals RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 4. Myths Of Marketing • Marketing does not work • I have tried insert marketing and it doesn’t work • I don’t have time for marketing • Marketing is a waste of time and money • People who provide great service don’t need to market • Marketing does not work in my industry RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 5. Successful Marketing • Setting campaign goals and metrics • Narrowing your focus • Identifying what prospects want • Clarifying your marketing message • Attracting clients • Testing and tracking RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 6. Steps To Follow • Create the service • Educate the prospects • Building the rapport • Demonstrating the passion • Putting client interest first • Providing excellent service • Keeping in touch RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 7. 6 steps to success • STEP 1. GOAL SETTING • STEP 2. TARGET AUDIENCE • STEP 3. MARKETING MESSAGE • STEP 4. EDUCATION BASED MARKETING • STEP 5. REFERRAL MARKETING • STEP 6. YOUR MONTHLY MARKETING PLAN RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 8. Step 1: Goal Setting – Personal • What are your strengths • What do you love most about your business • Which areas do you enjoy/prefer? Why • Which areas you have experience in ? • What type of people you like to work with? • Describe your ideal life 5 years from now? Where do you see yourself? What are you doing? Who are you working with? RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 9. Step 1: Goal Setting – Lifestyle • Balancing work with life • Days of vacation you will take • Activities that give sense of meaning and pleasure • What do you think most of the time • What would you do if you have all the money • Ideal lifestyle 5 years from now? Your net worth? Your family ? House ? Car? Organization? RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 10. Step 1: Goal Setting SMART Goal Setting • Specific • Measurable • Achievable • Realistic • Timely Exercise: Set goals RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 11. Step 2: Identify Target Audience • Specific need or want for your product or service • Have the ability to buy your product or service • Are willing to buy your product or service Reaching prospects in affordable budget • Picking a narrow target audience • Focusing solely on them to understand needs, concerns, motivation and behaviour • Presenting yourself as a specialist RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 12. Step 2: Identify Target Audience Choosing target market • Easy to reach • Small enough to be manageable • Fit with personality and strengths • Profitable • Underserved Exercise: Define target market RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 13. Step 2: Identify Target Audience Ideal Clients • Action Oriented • Collaborative • Focused • Inquisitive • Resilient RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 14. Step 3: Marketing Message Differentiating Factor • Specific to target audience • In line with your strengths Unique Selling Proposition (USP) • Target audience • What will you do for them • How different from others • Your solution to target audience RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 15. Step 3: Marketing Message Exercise : Problem – Solution – Benefit of solution RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 16. Step 3: Marketing Message 15 second speech : I help (prospect) Who are having problems in (problems of prospects) To achieve/get (results by working ) In (convenience) Do you know (anyone with same) RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 17. Step 4: Education Based Marketing Client Buying Process • Become aware • Gather information • Evaluate the options for them • Take the action • Re-evaluate the options RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 18. Step 4: Education Based Marketing • Information Gathering Stage - Trusted sources - Gap in knowledge - Educate, educate, educate • Prospecting: - Cold calls - E-mailers and fliers - Door knocking - Guidance and seminars RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 19. Step 4: Education Based Marketing Prospects might • Visit your website • Request a free guide • Join your email list • Listen to your advertisements • Read your blogs • Read an article you would have written • Might attend a seminar that you are holding RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 20. Step 4: Education Based Marketing Prospects need • Information that is specific and valuable to their specific wants, needs and concerns What is in the Prospect Mind • Is he credible? • Can he/she do what he/she says? • Can I afford his fees? • Is there another better agents? • Can I trust him? RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 21. Step 4: Education Based Marketing Sales • Who is contacting you ? • How did they find you? • What stage of decision making process they are ? • Are they qualified to do business? Decide whether: Inquiry OR Lead OR Qualified Lead RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 22. Step 4: Education Based Marketing Qualified Lead • How long have you been looking to buy? • Where do you live, how long you have stayed? • Are you renting or wanting to own? • Will you need to sell existing to purchase new? • Have you seen homes that you liked? • How soon do you want to move? • What price range are you considering? • Any special requirements for home? RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 23. Step 4: Education Based Marketing Sales when • Ask questions to uncover buyer’s priority • Listen to what prospect says • Explain home buying – selling process • Explain how you are different from other agents • Explain why you are worth the fee • Handle objections • Get your prospect to sign a contract RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 24. Step 5: Referral System • What kind of referrals you want? • Be specific • Set an expectation of the referral • Ask for referrals at celebratory moments • Ask for referral on transaction completion • Hold contests or give referral bonuses • Client appreciation events • Articles or Thank you gifts • Partner with other professional RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 25. Step 6: Monthly Marketing Plan • Goals • Referral Partner marketing • Past Client marketing • Prospecting • Other activities RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com
  • 26. THANK YOU RE/MAX Mumbai Gujarat Maharashtra www.remax-mgm.com