Developer Deck

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Objective: Plan to ramp up the vertical to get 20 nets every month

Parameters Comments
Customer profile As per our offerings
Property value 1cr
Price point to 3 Cr
#units 100+
Possession timeline (when do we approach
T-8
the developer)
By when we should close the agreement T-5
When do we start calling the customers T-4
Within 10 km radius
Location of EC

Performance and Road Map:


 For last 2 months performance has dipped because the team is very small
and not able to focus. Currently doing 6-7 nets.
 With the proposed structure we will be able to focus better and will get
focussed tie ups in place to scale it to 12-14 nets in next 3 months and
then target to reach 20 nets in next 6 months (10 nets each centre/month
on month)

Team Structure Proposed:


 Head- Prashant Choreria looking after complete functioning, developer
relationship, larger tie-up and strategy
 1 BD and 1 more client calling executive. ( Additional cost of 15-16 lacs
between the 2)
 Currently have 1 BD and 3 client servicing executives
 With the current structure it is difficult to scale up the business and focuss
on both centres together. With addition of suggested resource, will put 1
BD and 2 callers at Thane and 1 BD and 2 callers at Andheri. This will help
focus on both centres equally.
 Both BD’s will work on their respective markets and ensure their centres
are profitable. The business will be predictable and sustainable. These
BD’s will focus on B/B-/C category developers.
 My target will be to tie up with 1 A cat developer every quarter to create
more depth to the business. Create strong brand presence in the
developer lobby. This will also help us in increasing our market share since
conversions will be even better with Cat A developers.
Plan

Centr Walki
es ns Nets
Than
e 50 10
Andh
eri 50 10
Total 100 20

 To create predictable and sustainable business across both centres, need


to have 700+ data points every month to get walkins @ 15% Lead to VD.
Better developments help us get almost 20% lead to VD. In such scenario
this process will also create backup data in coming months.
 Currently operating @12% VD to net. We can improve the % by converting
better category developers and projects. Tying up with A cat developers
will help in the same immensely.
 VD to net % can also be improved by better client experience that can be
created at the centre. Dedicated closing and design team can be better
prepared to handle developer clients. Developer site visits can be planned,
designs can be prepared before hand and this will give better experience
to the client leading to better conversion.
 If this approach is fixed, it can also help us improving lead to VD % over a
period of time.

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