Interaction Community Systems Sales & Marketing Plan The market opportunity for HOA’s continues to remain a vast untapped market… # of Community Associations.
Download ReportTranscript Interaction Community Systems Sales & Marketing Plan The market opportunity for HOA’s continues to remain a vast untapped market… # of Community Associations.
Interaction Community Systems
Sales & Marketing Plan
The market opportunity for HOA’s continues to remain a vast untapped market…
# of Community Associations in the U.S.
70 000 Total # of Associations 260 000 Market Share of Vendors
Source: CAI, F3 Technologies
73% Market Share is up for grabs The number of HOA’s continues to increase at a rate of 3 – 4% per year GREAT OPPORTUNITY TO CONVERT NON-CONSUMPTION
Copyright 2003-2009 – F3 Technologies Inc.
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Marketing Plan
Copyright 2003-2009 – F3 Technologies Inc.
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How do we drive market awareness…
Marketing Collateral Trade Advertising Trade Shows Email Blast Lead Generation Google Ad Campaign Content Experts Strategic Partners / Resellers
Create the message - Why are we different?
Focus on what markets we’re going after…
Establish a multi-pronged marketing program where each initiate builds on top of the previous one…
Copyright 2003-2009 – F3 Technologies Inc.
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Ensure all products have collateral and continue to enhance our public image…
Marketing Collateral
Define with clarity the services we offer…
Trade Advertising Email Blast Trade Shows5 Lead Generation Content Experts Strategic Partners / Resellers Google Ad Campaign
Create a consistent message that speaks to what user needs we are solving?
Revise marketing collateral
Obtain customer testimonials
Enhance our website utility…
Create public demo website to demonstrate the power of the tool
Create website templates that community can utilize
Copyright 2003-2009 – F3 Technologies Inc.
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Marketing Collateral Trade Advertising Trade Shows Email Blast Lead Generation Google Ad Campaign Content Experts
Get the message out…
Strategic Partners / Resellers
2,350 Emails sent to Property Management Company prospects on 8-26-09…
21.5% (462) Email Views
5.4% (25) Click throughs
Initiate follow-on campaign to target click through users
Several HOA list sites identified to gather information from
www.hoa-nc.com
, www.hoa-
sc.com
, www.hoa-va.com
Create a second email campaign focused on HOA’s
Create monthly newsletter to maintain communication…
Copyright 2003-2009 – F3 Technologies Inc.
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Drive traffic to our Website…
Marketing Collateral Trade Advertising Trade Shows Email Blast Lead Generation Google Ad / Lead Generation Content Experts Strategic Partners / Resellers
Initial target of 34 keywords identified
Focus on software, dues & management company searches
Recently listed on www.Capterra.com
Monitor activity weekly to determine traffic volume and adjust
Copyright 2003-2009 – F3 Technologies Inc.
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Generate regional awareness…
Marketing Collateral Trade Advertising Trade Shows Email Blast Lead Generation Google Ad Campaign Content Experts Strategic Partners / Resellers
Establish partnership program
Create sales & distribution center’s in large population centers
California
New York Pennsylvania
Ohio
North Carolina Arizona
Focus on print companies, community developers and management companies
Copyright 2003-2009 – F3 Technologies Inc.
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Demonstrate our thought leadership…
Marketing Collateral Trade Advertising Trade Shows Email Blast Lead Generation Google Ad Campaign Content Experts Strategic Partners / Resellers
Create a Resources tab on the Interaction Website and place research reports from CAI
Create a Webinar series in partnership with select HOA’s, Condo’s and Management Companies
Create Whitepapers
Copyright 2003-2009 – F3 Technologies Inc.
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Keep the message visible…
Marketing Collateral Trade Advertising Trade Shows Email Blast Lead Generation Google Ad Campaign Content Experts Strategic Partners / Resellers
Attend regional and national tradeshows & advertise
CAI
ACTHA (Attend with Paymenting)
Advertise with industry specific web forums
HOA Talk
Community Associations Network
Copyright 2003-2009 – F3 Technologies Inc.
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Sales Plan
Copyright 2003-2009 – F3 Technologies Inc.
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Get the message out…
Drive Existing Reseller Relationships
Coastal Group, Noble Heroes, Paymenting & Tlehs
Pipeline review meetings Target joint initiatives (tradeshow) Responsive to sales tool kit needs Expand Selling Network
Commission only outreach program Target selected geographic regions to compliment reseller initiatives Evaluate lead generation / sales call centers
Sales Plan
Establish New Reseller Relationships
Newsletter / Directory Print Companies Community Developers Continue Direct Sales Activities
Continue lead generation programs Initiate follow-on campaign to target click through & email view users Establish sales process for initial contact, follow-up, closing & account management Focus on Property Management Companies
Initiate focused campaign targeting southeast region
GA, SC, NC, FL, AL, TN, VA
Copyright 2003-2009 – F3 Technologies Inc.
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Build our channel approach…
Two thirds of all computing sales in the world are not direct sales like Apple; instead, they are ‘Channel Sales’ or ‘Indirect Sales’
Source: Direct sales vs Channel sales - What's the difference?
May 2009 Virtual-Sales.com
$50 000 $45 000 $40 000 $35 000 $30 000 $25 000 $20 000 $15 000 $10 000 $5 000 $ Example of Gross Revenue Potential – 100 Communities per Month Direct Sales Mgmt Company Reseller Month 1 Month 2 Month 3 Month 4
Copyright 2003-2009 – F3 Technologies Inc.
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Get the message out…
Drive Existing Reseller Relationships
Coastal Group, Noble Heroes, Paymenting & Tlehs
Pipeline review meetings Target joint initiatives (tradeshow) Responsive to sales tool kit needs Expand Selling Network
Commission only outreach program Target selected geographic regions to compliment reseller initiatives Evaluate lead generation / sales call centers
Sales Plan
Establish New Reseller Relationships
Newsletter / Directory Print Companies Community Developers Continue Direct Sales Activities
Continue lead generation programs Initiate follow-on campaign to target click through & email view users Establish sales process for initial contact, follow-up, closing & account management Focus on Property Management Companies
Initiate focused campaign targeting southeast region
GA, SC, NC, FL, AL, TN, VA
Copyright 2003-2009 – F3 Technologies Inc.
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Target organizations that have established relationships with HOA’s, Management Companies and Churches…
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Reseller’s
Working closely with our existing partners to begin monetizing the relationship • Identifying high value trade shows to attend jointly with our resellers • Oct 24 – ACTHA • • April 2010 – Annual CAI Etc… • Creating a Partnership Program to define how potential resellers engage with Interaction • Identify and establish relationships with companies that serve the HOA market • News Letter publishers • Member Directory print publishers • Advertising agencies Copyright 2003-2009 – F3 Technologies Inc.
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Begin establishing relationships & partnerships with the primary source…
• • • • • • • • • • •
Community Developers
Toll Brothers – Operate in 21 states, 215 selling communities W&H Properties / Red Oak Construction – 11 communities in Cobb County Newland Communities – Operate in 14 states, 40 communities under development Taylor Morrison KB Homes Beazer Homes David Weekley Homes Richmond American Homes Ryan Homes Pulte Homes Vatelli Communities Copyright 2003-2009 – F3 Technologies Inc.
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Access the companies already serving communities in the southeast region…
•
Property Management Companies
Lead generation email • (21.6%) of the companies read the email. 6% above industry standards.
• (5.4%) of the companies clicked through to the website. Roughly 3% above industry standard.
• Initiated a calling plan to contact management companies in the southeast region • Initiated a calling plan to contact the 25 companies that clicked through to the website Copyright 2003-2009 – F3 Technologies Inc.
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Long-term account management will be critical to sustaining and expanding our market share…
For Resellers
Regular communication to review sales pipeline & issues Monthly/Quarterly strategic meeting to plan out and discuss: Review partners goals & objectives Evaluate success of existing initiatives/strategies Discuss new marketing initiatives & sales strategies Review changes in the market and competitive threats Present and review scorecard
For Property Management Companies & Developers
Regular communication to review sales pipeline & issues Quarterly strategy meeting to review: Review property management companies goals & objectives Present Interactions vision & progress Review changes in the market & competitive threats Present and review scorecard Copyright 2003-2009 – F3 Technologies Inc.
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Get the message out…
Drive Existing Reseller Relationships
Coastal Group, Noble Heroes, Paymenting & Tlehs Pipeline review meetings Target joint initiatives (tradeshow) Responsive to sales tool kit needs
Expand Selling Network
Commission only outreach program Target selected geographic regions to compliment reseller initiatives Evaluate lead generation / sales call centers
Sales Plan Establish New Reseller Relationships Newsletter / Directory Print Companies Community Developers
Continue Direct Sales Activities
Continue lead generation programs Initiate follow-on campaign to target click through & email view users Establish sales process for initial contact, follow-up, closing & account management
Focus on Property Management Companies Initiate focused campaign targeting southeast region GA, SC, NC, FL, AL, TN, VA Copyright 2003-2009 – F3 Technologies Inc.
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Create a sales engine through convential and unconvential methods…
• •
Direct Sales
Establishing sales process and metrics.
Driving traffic to the website through lead generation tools • •
In-direct Sales (Sales Representatives)
Working with select individuals to establish regional sales centers to enhance our coverage Evaluating telemarketing sales companies to expand our outreach program
Starting a sales contest on October 1 with a FANTASTIC Grand Prize!!!!
Copyright 2003-2009 – F3 Technologies Inc.
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