Are you trapped in a dilemma to define who your target audience should be in the real estate business? Real estate brokers and agents usually chase high-ticket investors while ignoring the working class. We understand low-income homes don’t fetch real money, but on the flip side, luxury homes don’t attract enough buyers too, specifically in this era. According to Khaleej…
Do you know that 87% of real estate agents fail during the first five years of their business? According to the Bureau of Labour Statistics, the top 10% of real estate brokers earned more than $150,000 in 2017, but what about the rest? The failure rate here is shockingly high. What are these 10% of real estate agents doing that…
NFT is drastically gaining popularity in the digital world. NFT has been an impactful and dominating technology for some years, and it’s anticipated to continue to be a big thing in the future. Currently, the impact of NFT is highly stimulating, thus attracting different sectors to the platform. From our previous blog, you learned about NFT in marketing and how…
Do you run a small business? Are you an entrepreneur? A principal in a school, a healthcare professional or even a marketer? And thought about doing some marketing to grow your sales? And you do not have the time to study all the boring marketing/ creative stuff and have very little knowledge about marketing strategies for success? No worries, the…
Last but not least 4 – Promotion Promotion is a very important component of the marketing mix to success as it can boost brand recognition and sales. The promotion has different elements such as Sales Organization Word of mouth Advertising Sales Promotion Today we have an enormous shift in focus from offline to the online promotions Word of mouth, on…
3- Price The price of your product | service is basically the amount that a customer pays for it. Price is a very important component of the marketing mix definition. It is also a very important component of a marketing plan as it determines your profit and loss Having the right price tag can be of a great impact on…
2- Place It comes with a deep understanding of your target market Placement or distribution is an essential part of the product | service success. You have to position and deliver the product | service in a place that can easily be reached by potential customers Below are some distribution strategies you need to consider Intense distribution Selective distribution Franchising…
4P’s of a marketing mix for success 1- Product Your product is built or produced to satisfy the needs of your customer hence it needs to be created based on that to ensure to have the right type of product that is in demand for your market. During the product development phase whether design or positioning etc…, the marketer must…
We will be sharing all the elements of the right marketing mix for success, and to avoid confusion between the 4p’s, 7p’s and even the 4c’s – you should save the shared image and keep visiting it to keep in mind what makes up the complete marketing mix. If you don’t understand it in detail or at all, then it…
