This document outlines a marketing strategy to target Australian NRIs for investment in Indian real estate projects. It begins by noting favorable conditions like RBI permissions and government schemes. Market analysis shows higher projected price increases in Indian cities like Pune, Mumbai and Hyderabad compared to Australian cities. Australian NRIs are concentrated in Melbourne, Sydney and have high incomes. The strategy involves increasing awareness through events, advertisements and tying with banks and real estate sites. An online and social media lead generation process is outlined. Sales targets and growth forecasts expect a 30% CAGR over 3 years, though external risks like currency and economic fluctuations are noted.
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Iim calcutta invictus round2 Lodha Australia Strategy
1. Lodha Soar for More
INVICTUS - IIMC
Arun Prasad R
Ghouse Mohideen S
Australian Market
2. From RBI:
permission to invest in the
real estate sector
Can sell and gift the property
Easy availability of loan and allowance of
different many ways to service it
From Government of India:
Investment Promotion council to encourage
NRI investments
National Housing Banks to loan funds
A good time for purchasing
real estate
Resilient Indian Economy
Nature of the markets is expected to push the
prices up the next three years and beyond
Cautiously optimistic growth YOY forecasts (incl.
rent and Capital value appreciation)
Pune 15%
Mumbai 13%
Hyderabad 11%
Weighted Average of these three places show 87 %
increase over 2007 levels vs. Australias 25%
Rupee Depreciation-
A psychological
boost to NRI property buyers and Investors
INR has shown a sharp dip in the last two
months against all the currencies
Aussie Dollar appreciated 20% against INR in
the last 2 遜 years. But the prices real estate
prices have remained largely stagnant . So
buying the property is 20 % cheaper.
Wants to experience the best of both worlds.
Improving Life-style and
services in India
Emotional:
the desire to be with ones family
to re-connect with ones roots and culture
Career:
Exposure to developing Economy- a value
add in resume
Advantage of updated technical skills
Increasing trend of NRIS owned IT Startups
INDIAN REAL ESTATE- AN ATTRACTIVE PROPOSITION FOR NRI
Rupee Depreciation
Schemes favorable for NRIsAn Attractive Investment
Returning Indians
3. Concentration
Melbourne and Sydney have 70 % of NRI
population ( approximately 35% each)
Perth and Brisbane have 10 % each
Adelaide has 6 %
Hobart and Darwin have less than 1 % each
Age, Gender and Occupation
Median Age is 31
The participation rate in labor force is 77%
48.3% employed either in a Managerial,
professional or trade occupation
DEMOGRAPHY OF AUSTRALIAN NRIS- IDENTIFYING TARGET SEGMENTS
Tech Savvy Market-Online marketing would
be highly efficient
A sizeable NRI population from Andhra
Pradesh- Target for Hyderabad properties
Per Capita income of NRI Indians is higher than
Australians
Annual NRI remittance from Australia to India
is ~$4.6 Billion
Factors attracting NRI investment
financial institutions tie-ups,
fully licensed projects ,
early allotment of documents
NRI
Married household (Managers & Professionals)
Rationale:
Propensity to save and significant
holdings
Desire to invest for their children
20% amount upfront payment
Combined husband and wifes income
Brand Image
Criteria for Individual Targets:
Savings(Age)
Occupation
Credit Rating
Luxury:
Age:>35 Senior level Managers &
Professionals
Estimated number of Households: 19850
Aspirational :
Age:>25, Managers & Professionals
Estimated number of Households: 19950
For detailed information PFA excel
Insights & Information
Segmentation
4. In-Flight
Ads in Airlines magazines
connecting India and
Australia and in the back
of Flight tickets
Highlight key words to
improve recall
Theatre:
Advertise in Theatres displaying
prominent Indian Films
Advertisement
India-Australia Cricket Series
Indian Cultural events in
Australia
Alumni meet-ups (famous
institutions)
NRI meets organized by Indian
HC
India investment promotion
events
Regional meets organized by
Telugus, Marathi, Guajarati
Co-Sponsor
Conduct & also Participate in
Road Shows organized by Indian
real-estate promoters in
Australia
Set-up Stalls in property shows
Remittance service providers
Online property websites
Premium Indian Restaurants
Events &Tie-Ups
INCREASE AWARENESS
Establish emotional
connect and Stress on
the Indianess for all our
offerings
Highlight inherent desire
to come back to India
Depending on category we
should highlight the
following characteristics
High-End Luxury stress
on leadership, smartness,
distinctiveness & charm
Aspirational Housing
communicate luxury
through cues of
innovation and
progressiveness.
COMMUNICATION
Constitutes 30% of sales
Post customer feedbacks on
website
Promote referrals by providing
incentives (no monetary
benefits) eg. Tour package for a
family on securing 3 deals
Encourage our customers to act
as brand ambassadors
leverage our customers trust
factor in securing new deals
Referrals
5. Better Build Web site
Our Website should clearly state our existing, past and also future projects in pipeline. It should be updated with
latest information.
Setup a social tab in our website which provides a platform for customers to interact with company. Social tab
Helps us to secure a direct contact with customers and help us offer personalized approach
It provides a platform to build a good rapport with our potential customers
Helps us to communicate our future projects to interested customers
Leads generated will be followed up through our sales representative
Step2: Securing Leads
Online Marketing
Google Search
Organic Perform SEO of Better Build website for NRI searching for luxurious, aspirational residential homes in
Mumbai, Pune and Hyderabad. This improves Google ranking of our website.
Inorganic (Google AdSense)
Employ social media analytics (SMA)to identify long tailed keywords and adopt PPC strategy and improve
listing of our website in search results. Use spyfu.com, keywordspy.com, etc. for SMA .
Long tail Key word Advantages: Low cost, High Conversion rate
Deploy ads in prominent real-estate sites & forums related to India also depending on search history.
Restrict our ads only to search queries arising from Australia.
Social Media
Lead Generation through online
Step 1 :Driving Customers to our website
Facebook LinkedIn
Deploy ads depending on their location, profile, likes,
browsing history through cookies. Employ cost per
click bid methodology.
Conduct campaigns and use sponsored updates to drive
Customers to our site. Since our target audience are
Indian Managers and Professionals , LinkedIn could be an
effective medium to reach out
6. Using data from social tab identify prospective
customers for each of our offerings.
One to one marketing with clients(Sales rep)
Explain exit opportunities available.
Assist in securing loan and documentation work
Step 3: Lead Conversion
Most of NRIs hold NRE or NRO accounts in India.
Explore the possibility of potential tie-ups with
banks and target NRE & NRO account holders
It provides a win-win opportunity for all parties
(customer, bank and also Better Build) involved.
Tie up with SBI Sydney branch, Commonwealth Bank
of Australia and ANZ (Mumbai Branch)
Tie-up with Banks
our own sales representative team -6 members
operate out of Sydney or Melbourne
Sales Agent Functions
Promoting brand
Generating good leads
Prospect conversion
And other tie-ups mentioned in awareness page
No Brokers - cost prohibitive
Channel Partners
Conduct road shows and exhibitions for our
existing and new offerings in Sydney and
Melbourne (70% NRI concentration)
Create a buzz in city prior to road shows
Road Shows & Exhibitions
Lead Generation and Conversion
7. Expectation of at least 100 leads per month
Awareness Promotion and Events Sponsorship
Lead Generation- Social media analytics, SEO
Facebook ads to generate leads to our websites
Sales targets for each sales representative
Increased commission (1.5-2.0%) on any additional
sales.
Ramping up of Investment in promotion in 2nd and
3rd year to meet sales targets.
Focussed marketing strategy- Higher conversion
rate
Expecting a conservative CAGR of around 30.65%
in three years.
PFA Excel Sheet for our forecast.
Growth Forecast
Increase interest rates (India)
Depreciation of Australian Currency
Any restriction in capital movement
(Australia)
Slowdown in Indian Economy, Indian Real
Estate market
Recovery of Australian Real-Estate market
Real-estate investment funds in India
Increase in Indian political or policy
uncertainty
Downgrade of Indias Rating
External Risk Factors
Growth Forecast and Risk Factors
E2014 Exp.
Revenue INR255
Cr.
E2015 Exp. Revenue
INR333 Cr.
E2016 Exp. Revenue
INR434 Cr.