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Channel Management: Registering Channel Partners and Creating Brand Awareness
Channel Management: Registering Channel Partners and Creating Brand Awareness
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Pramod B Kulkarni (PDGM II A 2013-15)
SUBMITED BY
PRAMOD BHALCHANDRA KULKARNI
(PDGM II A 2013-15)
Roll No 59
Institute of Management Development and Research
DES Campus, Deccan Gymkhana Pune-411004
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Pramod B Kulkarni (PDGM II A 2013-15)
EXECUTIVE SUMMARY
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Pramod B Kulkarni (PDGM II A 2013-15)
The project was started on 3rd of June 2014 after knowing all the relevant
information related to real estate industry, under the guidance of Mr. Ujwal
Kumthekar (AGM Marketing& Sales). The first part of my project involves the
study of Channel Partners and Competitor Developers in Pune & Lonavala
region, among which I had to identify potential Channel Partners among others
and helping them in order to increase the sale. For this I used the method of
personal face to face interaction with Channel Partners and visiting Competitor
projects as a mystery buyer.
Our project was base on following 3 points:(a)Market Penetration: According to Kalpatarus past experience, they
believe that majority i.e. around 80 per cent of their sale of houses/units take
place through Real Estate Agents and Brokers who are in Professional terms
called as Channel Partners. To know more about these Channel Partners and
build a good relationship with them, Kalpataru decided to penetrate the market
of these cities by Registering these Agents and Brokers as Channel Partners of
Kalpataru. Also by doing this they get to know the working culture of the Cps in
pune city what are their terms and condition what other builder are offering
them etc.
The Interns (Management Trainees) were sent out on field to meet these
Channel Partners in their respective cities and persuade them to become a part
of Kalpatarus sales network by registering them by simply filling up an
enrolment form and submitting a couple of documents along with this
enrolment form like address proof, PAN Card 3 photos etc.
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Pramod B Kulkarni (PDGM II A 2013-15)
(c)Lead Generation Once these Agents and Brokers were registered as Channel
Partners of Kalpataru, they were pitched and given all the information on all the
ongoing and upcoming projects of Kalpataru in their respective cities so that
they prepare themselves and find clients/investors for the available or upcoming
flats/units which would result into the sales of such flats and units of Kalpataru.
This is how leads were generated by these registered Channel Partners which in
turn resulted in sale of flats.
These Channel Partners are given 2% Brokerage if the lead they generate
finalize and book the flat/unit in any Kalpataru Project.
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Pramod B Kulkarni (PDGM II A 2013-15)