sentre partners marketing strategy by: craig, jason, brad, yleana, and jonathan “we are committed...
TRANSCRIPT
SENTRE PARTNERS
MARKETING STRATEGY By: Craig, Jason, Brad, Yleana, and Jonathan
“We are committed to building enduring relationships and giving back to the communities, in which we live and work."
Executive Summary
We are currently in a very competitive market
We will have a greater opportunity by breaking into new market; new states and neighboring countries
Targeting individual or companies seeking: office, retail, multi-family, and industrial spaces
SENTRE Partners is a market-driven company
Introduction
Founded in 1989
Headquartered in Downtown San Diego
Commercial real-estate portfolio value of $500 million dollar
Strengths
Dedicated Team Dedication to being a
sustainable company 25 years of experience 10 Million Square feet
of property worth over 3 Billion Dollars
Own office, retail, multi-family complexes, and industrial spaces
Current Clients Bank of America, Wells
Fargo Bank, Rockefeller & Associates
Weaknesses
Provide an extensive amount of services Expanding globally brings different
values, cultures, communities, and more Economy can lead to uncertainty
Opportunities
Expanding into new states and countries (specifically Mexico)
Attract many jobs Find new homeowners
for the revival of older communities
Continue to recognize the untapped potential in local and global real estate markets
Four P’s: Product & Place
Product: Wide variety of investment services
Property management Landlord/tenant leasing representation Bandwidth services Construction management
Place: San Diego and parts of Mexico Possible worldwide expansion
Four P’s: Price & Promotion
Price Vast array of prices based on client needs No “fixed” prices
Promotion Most important: Relationship building Current and past projects that lead to
expansion of partnerships
Estimate Demand
Demand Curve Consumer Taste: What property style is
‘in’? Price of Similar Properties
What are competitors offering in same area for similar type of property?
Consumer Income What is the price your client is willing to
pay?
Estimated Revenue
Revenue Curve Apartment and Single Unit Properties
Sentre must decide on proper unit price to maximize revenue
Commercial Properties Sentre needs to select unique prices that
will bring in enough revenue to offset the developing costs
Target Market
Individuals or companies seeking Office space Retail space Multi-complex Industrial Space
Investors looking to invest in Real Estate
Segmentation Strategies
Market Segments
Products: Types of Property
Office Retail Multi-Home
Industrial
Young 1 2 3 1
Middle-Aged 2 3 3 2
Old1 1 1 1
Companies 3 2 1 3
3= High Interest 2= Medium Interest 1= Low Interest
Perpetual Map
High Quality
Low Quality
Expensive
Inexpensive
Sentre Partners
RA Investments
Pacifica Companies
Acre Investments
Channel Strategy
Construction(SPIRE Construction)
Sentre Partners/Investors
Escrow Companies
Costumers
Customer Needs & Wants
Based on customer service factors: Convenience Dependability Communication Time
Constraints
Convenience: Meeting the needs of the customers while remaining true to Sentre’s vision
Time Conflicting time constraints with other channels
Escrow supposed to take 30 Days, however usually takes a couple weeks longer
Suggestions
Keep developing into new markets
Continue to build great relationships
Take advantage of good market
Develop more of a social media presence
Conclusion
Sentre’s success sets a great example for students like us all who may be interested in the real estate field
Marketing is a tool we will all use in whatever careers we pick to do Sentre Partners proves this!
We want to thank DeVonn for giving us information on this great company and for taking time out of his day to listen to us present!