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Marketing Plan School

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Submitted By shax22
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Marketing Strategy for ABC Apartments
Time Period: 0/0/00 to 0/0/00
Prepared By Jane Doe

Overview

Community Strengths: Here you will describe the community, citing its greatest strengths. What features stand out against the community’s competitors? These will become known as the community’s unique selling propositions or U.S.P.’s. Address those features here. Discuss the greater neighborhood, including the proximity of services, employment, and recreation. In this paragraph, you want to list all that is good about the apartment community, in order to clarify the value of the product and set the stage for the remainder of the plan.

Community Weaknesses: It is equally important to uncover any weaknesses that challenge the community. In order to overcome an objection, we must first be aware of it. What objections are likey to occur over time on this community? Address them and suggest avenues to overcome these weaknesses.

Community Goals
Before you begin the plan, quantify the need for this marketing effort. Is there a lease-up time schedule? If so, figure out how many rentals are needed per week or per month in order to meet said schedule. Assuming a 35% closing ratio, how many prospective residents must the community see each week or month to meet the rental goal? What renewal percentage will you try to achieve? These will make up your “hard number” goals. Finally, you may want to nail down some “soft number” goals--the number of hours spent on outreach marketing, the number of follow up calls needed, and the number of resident retention contacts needed to achieve these “hard number” goals. Weekly goals can be the easiest to manage, as on-site teams can gauge their effectiveness at a glance. In this section of the plan, it is beneficial to write out the goals in paragraph form and then state them below in list form. This

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