Kolkata based real estate and property developers Eden Group is somewhat different from all other players in the competitive real estate sector. After careful study, Eden Group found that most corporate brands operating in the Kolkata Real estate sector and West Bengal emphasized primarily on repeated individual project sales efforts. Through attractive advertisements as well as timely and repeated delivery, project after project an illusion of a brand is created. But to build up a real corporate brand by design requires much more than repeated success in individual projects sales efforts. Although it has allowed them to create a perception of trustworthiness and quality, these so called brands are undifferentiated among themselves. In other words, there is nothing unique or special about them.
It would probably be right to call them “organized segment players” rather than actual corporate brands. Lacking any real notion of what actually makes each of these concerns unique; they have become masters of a particular form of imitation which is cloaked in the vernacular of differentiation keeping the myth of competitive separation alive. In reality, the emperor has no clothes and this fact is quite clear to most consumers.
Eden Group however believes that creating a brand means going beyond simply selling a product. Differentiation to them means a commitment to engage with the consumers at a more emotional level in a manner that they value, respect and somewhere deep inside; their heart rejoices at and celebrates. The aim is to shift from selling houses to providing complete service packages that makes home buying experience more unique. The objective is to touch people’s hearts and curve out a special place in their mind so a more enduring relationship can be built. This is the motivation behind introduction of Eden Privilege Care, a complete real estate service package for home buyers.
Connecting with people at an emotional level
I feel that the Real Estate Developer lacks a human face in the eyes of the average person. Buying a home is probably the second most important decision in one’s life after marriage. And the purchase process can extend up to 3-4 years. Yet all marketing effort in the sector is concentrated on the pre-purchase period, as opposed to the consumption period and the post possession period. All the focus is on the thrill of the chase when everyone is craving for the customers attention, and after the purchase, when we have his attention, nobody seems bothered. There is too much focus on the ‘hard’ aspects of the product, the ‘specifications’, the ‘facilities’ and too little on the ‘soft’ aspects, that is, the ‘people’, the ‘process’, the ‘experience’.
Marketing has evolved from an emphasis on ‘what it has’ to ‘what it does’ to ‘what you’ll feel’ to ‘who you are’. This shift demonstrates, that while ‘features’ and ‘benefits’ are still important to people, ‘experience’ and ‘personal identity’ has become even more important. I feel only when we engage people on an emotional level can we actually communicate meaningfully the features which can appeal to their rational side. Individual projects can and should have their functional ‘USP’s’ based on the uniqueness of the individual project but the ‘Corporate Brand Promise’ should be the foundation which supports and encourages every purchase decision in any individual project. The Corporate Brand Promise should produce, as De Bono said, a ‘ Unique Buying State’ for the consumer
Eden Privilege Care offers personalised services to Kolkata real estate buyers
It is not just about big words and good copywriting. There need to be objective differentiators which can be experienced at each touch point with the customer. At each point, we need to create differentiators, and we need to make the consumer feel the difference.
And this is where something like the Eden Privilege Care comes in.
Eden Privilege Care represents a whole new way of thinking in this product category, a whole new way of home buying. This emotionally endearing relationship which the customers would have with Eden would be built primarily through a gamut of personalised services under Eden Privilege Care. A personality is more than having a few ‘signature’ services. It is about providing a consistently unique and authentic experience. A service, after all, is merely a transaction, an interaction between a person and a wallet. An experience, on the other hand, is something more personal, more transformational, and more emotional. Eden Privilege Care would be the bridge which would close the distance between the customer and Eden, make him comfortable, keep him informed, keep us accessible and transparent, and at the same time, reward him for being with us and contributing to building the relationship.
Authentic differentiation needed to build a brand image
A major mega trend in marketing is that there is a vertical distrust between consumers and companies. Therefore, fewer consumers rely on paid advertising. And there is a huge trust in the horizontal relationship between consumers. Consumers trust strangers in social media more than they trust experts. Consumers turn to word of mouth and referrals as a credible source of advertising. In this context, authenticity, talkability and the ‘buzz’ factor are extremely important.
For brands to be able to connect to human beings, brands need to develop an authentic DNA that is at the core of their differentiation, authentic differentiation. Brand identity must be matched with brand integrity. Along with targeting the mind and heart of the consumer through positioning, differentiation and experiential marketing, we must also target the spirit of the consumer with values, character, authenticity, and integrity. Marketing in the future is about defining ones identity, and strengthening it with authentic integrity to build a strong image.
The core promise must be backed by authentic delivery of that promise.
Author: Harshvardhan Modi
Article Source: EzineArticles.com
Home care
loading...
loading...
Tweet This Post
Plurk This Post
Post to Bebo
Buzz This Post
Post to Delicious
Digg This Post
Post to Diigo
Post to Facebook
Post to FriendFeed
Post to Google Buzz
Send Gmail
Post to LinkedIn
Mixx This Post
Post to MySpace
Ping This Post
Post to Reddit
Post to Slashdot
Post to Squidoo
Stumble This Post
Post to Technorati



