Professional Documents
Culture Documents
Filinvest Land Inc
Filinvest Land Inc
________________________
A Marketing Plan
Presented to the
_______________________
In Partial Fulfillment
Fundamentals of Marketing
_______________________
By
De Vera, Dianne
King, Camille
Real, Karen
Valeroso, Eunice
March 2016
AKNOWLEDGEMENT
First and foremost, we would like to give thanks to the Almighty God for giving
us the gift of wisdom and confidence in this marketing research. Also the researchers
would like to thank the following people who have contributed and given their outmost
The researchers would also like to thank Mr. Boler Binamira, Assistant Vice
President of Sales, for his meritorious partake in the interview for this research study and
to Ms. Sarah Real, Sales Manager, for her efforts in making the interview for this study
possible.
Lastly, we would like to thank Mdm. Lolita Velita, Marketing professor, for the
housings in Cebu at an affordable rate. It covers the company's market growth and
The Company
Filinvest Land, Inc. (FLI) is one of the Philippines’ conglomerate leading real
estate developers, providing a wide range of real estate products to customers from
developments and stand-alone residential subdivisions which offer lots and/or housing
units to customers in the mass housing segment (which includes socialized, affordable
Products
socialized, affordable and middle-market residential lots and housing units to the lower
and middle-income markets. Its subdivision lots are typically priced from approximately
P120, 000.00 to above P1, 200,000.00, while its housing units would cost up to
approximately P300, 000.00 to above P4, 000,000.00. In recent years, FLI has also begun
developing residential projects with a leisure component, such as farm estates and
developments anchored by sports and resort clubs located relatively close to Metro
Manila; this has grown from the Philippine capital to almost all over the country.
Competitive Edge
“One of the market leaders in the affordable and middle-income residential real
estate segment with an established reputation and brand name”. The company has been
involved in the real estate development business through the “Filinvest” brand for more
than 40 years through its parent and controlling shareholder, FDC, as well as through
other Gotianun Family ventures. FLI has become one of the Philippine’s leading real
estate developers and has successfully developed a large number of high profile real
estate projects, with a particular focus on the affordable and middle market housing
segments. The company believes that it has a reputation both in the real estate industry
and among purchasers, including the significant OFW and expatriate Filipino markets, as
a reliable developer that develops and delivers in a timely manner, quality products,
which are conveniently located near major commercial population centres. The company
also has an extensive network of sales offices, in-house sales agents and independent
brokers located throughout the Philippines, as well as accredited brokers in countries and
Management
The company has diversified into investment properties through the acquisition of
innovative products, focusing in furnishing real estate housings that are affordable
enough for an average pay. The marketing study shows Filinvest's competency of
establishing the finest housings in Cebu at an affordable rate. It covers the company's
Chapter Page
Title Page i
Acknowledgment ii
Table of Contents iv
List of Tables v
List of Figures vi
1 MARKETING SITUATION
Business Review 1
Competitive Review
2 MARKETING STRATEGY
Product Strategies
Pricing Strategies
Distribution Channels
BIBLIOGRAPHY
APPENDICES
Chapter 1
MARKETING SITUATION
BUSINESS REVIEW
A. History
Filinvest Land, Inc. (FLI) is one of the leading real estate developers in the
more than 40 years of experience in real estate development. Founded by Mr. Andrew L.
Gotianun, Sr., FDC is the holding company of the Gotianun Family. Originally engaged
in the small-scale financing of second hand cars in 1955, the Gotianun Family’s business
later expanded into consumer finance in partnerships with foreign institutions such as
Chase Manhattan Bank, Westinghouse Electric Corporation and Ford Philippines. By the
early 1980’s, the Gotianun Family’s Filinvest Credit Corporation had become one of the
leading consumer finance companies in the Philippines in terms of assets, and the
“Filinvest” name had become well-recognized in the Philippines. The Gotianun Family
entered the real estate business in 1967 through the incorporation of Filinvest Realty
Gotianun Family consolidated their real estate interests in FDC after divesting their
shares in two family-owned banks, Family Bank and Trust Company and the Insular
Bank of Asia and America. By 1990, FDC expanded its product line to include the
FLI was incorporated on November 24, 1989 as Citation Homes, Inc. and
changed its name to FLI on July 12, 1993. It began commercial operations in August
1993 after FDC spun off its real estate operations and transferred all related assets and
liabilities to FLI in exchange for shares in FLI. FLI was listed on the Philippine Stock
Exchange (PSE) on October 25, 1993. FDC remains FLI’s largest shareholder,
beneficially owning approximately 51% of FLI’s outstanding common shares and all of
that merge home and office, and more, to tap new markets with
possibilities.
a. Mission
The primary responsibility of Filinvest Land is to the people that
inhabit the cities, communities, and homes it has created. Filinvest will
b. Objectives
competitive products that are valued not only for quality but in
c. Shared Values
PROJECTED COMPETITORS:
1. Ayala Land
3. DMCI Homes
Despite this strong competition their efforts in up-scaling towards a more high-
end market aside, Filinvest Land remains committed to providing more accessible
housing options for the average Pinoy. It has developed over 2,100 hectares of land, and
provided home sites for over 110,000 families, which makes it one of the largest home
introducing new formats to the residential real estate market. The Company intends to be
at the forefront of market changes by continually innovating and introducing new project
businesses.
ENVIRONMENTAL ANALYSIS
within the Philippines because in our economy today many firms are now
embarking into real estates which apparently offer the same type of
product Filinvest offers. However, Filinvest has retained its status to one
customer service and excellent product quality that is trusted since 1950's
of the real estate industry in the province. For several years now, experts
in the real estate field have predicted the growth of the industry in the
Cebu.
development project between Filinvest Land Inc., and the Cebu City
government.
Filinvest also improves its developments. Citta di Mare- the biggest on-
going project in Cebu consider being the most modern city in Cebu.
5. Sociocultural Factors. The increasingly busy lifestyles of people in
today’s society have been a factor to why most of our products should
have convenience. People want to get what they want quickly and
instantly. That is why Filinvest exists for people who want to live in a
luxurious yet affordable way without any hassle because Filinvest offers a
already settled-inn.
B. Target Market(s)
home, noted real estate developer Filinvest Land has recently launched “I
work hard, and enjoy success. For the property giant, no one else
Richard Yap. A successful artist and entrepreneur in his own right, Yap
and inspire Filipinos to own their dream. Filinvest believes that Yap truly
wanted to provide the best for his family. Now he is enjoying the fruits of
his efforts and a flourishing acting career even with a relatively late start,”
proof that dreams do come true at any age,” he added. The estate was
opening up about 55,000 square meters of retail space out of which 36,000
sqm will be the net leasable area that could add to FLI’s portfolio of assets
products that are valued not only for quality but in terms of affordability
for all income levels. Only through research and development, innovation,
company assets, this long-term view (one holding permanent the strategic
health of Filinvest) should lead to better and sounder returns for
industry leadership.
SWOT ANALYSIS
A. Strengths
1. Big- With a rich history spanning almost 50 years, Filinvest has built
more than 135,000 homes on over 2,350 hectares of land to fulfil the
2. Reduced Labor Costs- Salaries and wages are one of the largest costs
of every company, and are often the most difficult to control. But
get their commitment to their plans before they implement them. Filinvest
4. High Growth Rate- For the past (years), Filinvest has established
5. High Profitability and Revenue- For the past years, Filinvest has been
earning millions and billions of profit. Over the years, it has established
B. Weaknesses
huge taxes.
3. Future Debt Rating- The more projects they have, they higher their
5. High loan Rates are Possible- Every company loans to a certain bank
for its capital. Since Filinvest's projects are way too costly and they need
bulk amount of money from the bank, apparently they will also be having
high rates. The bigger the money you borrow, the bigger your rates will
become.
C. Opportunities
present.
1. Cash flow
3. Technological Problems
4. Tax Changes
5. Financial Capacity
1. Filinvest Land Inc. is one of the biggest leading real estate company in the
and services will be given to their market considering the growing economy of
Cebu City.
2. Filinvest Land Inc., has a good set- well trained employees and sales agents
which is totally helpful for them to market their products. In this case, if their
marketing strategies are exceptionally high there will be a great demand of people
who will buy from them. Consecutively, the growth rates will increase and they
will be profitable.
CHAPTER 2
MARKETING STARTEGY
A. Segmenting
Filinvest Land, Inc market segment basically focus on those who are in
lower and middle-income class. These segments make up those who can afford
and can afford their high-end units. It focuses primarily on families with children,
large and small. Divided into districts to provide a balanced mix of developments,
progress. They have already created a strong customer base that creates healthy
B. Targeting
possibilities. Dealing with their marketing strategies they interact one-to-one with
needs. Plasma screens placed in shopping malls around the country can now
analyze shoppers’ faces and place ads based on an individual shopper’s gender,
age, or ethnicity.
C. Positioning
continues to attract large multinational and local corporations, and leading BPO
where life’s pleasures and necessities are always within reach. Garden City
harmonizing modernity with nature, Filinvest City features tree-lined avenues and
Right now, Filinvest has been creating new promotion to attract new
customer as well as innovative ideas to satisfy their current customer and make
them spread their product-offering and promotion to the masses. They are using
competitive products that are valued not only for quality but in terms of affordability for
all income levels. Only through research and development, innovation, and the use of
wide range of real estate options that would provide quality homes for its customers. A
wide range of selections are provided to suite the wants and necessities of the customer
Coupled with safeguarding and maximum utilization of company assets, this long-term
view (one of holding permanent the strategic health of Filinvest) should lead to better and
As of the moment, Mr. Boler Binamira, the assistant vice president of Filinvest
Land Incorporation Cebu, says they would challenge themselves in acquiring a target
proposal of 8 billion for units to be sold this year. The company tends to focus on quality
units that would accommodate the interests of its customers for a safe and tranquil place
to live in. To make the offer even better, Filinvest came up with the plan of building
affordable and luxurious homes in places that would be convenient for their customers.
As to partake its role as one of the leading real estate developers in the Philippines
and amidst a revitalized economy and a booming real estate sector, Filinvest Land,
Incorporation is ready to expand and diverse. Innovative and dynamic: FLI advances like
spectrum of development. The company will remain at the forefront of the property
income residential subdivision market, as well as in mid-rise buildings and in the farm
estates. Its subdivision lots are typically priced from approximately Php120, 000 to above
Php1, 200,000, while its housing units (which include the lot on which the house is built)
are typically priced from approximately Php300, 000 to above Php4, 000,000. Success in
anticipation of the direction of urban growth. The Company’s continued growth also
depends in large part on its ability either to acquire quality land at attractive prices or to
enter into joint venture agreements with land-owning partners under terms that can yield
the Philippine property development market. In particular, the Company competes with
other developers in locating and acquiring, or entering into joint venture arrangements to
develop, parcels of land of suitable size in locations and at attractive prices. Based on the
Company’s current development plans, the Company believes that it has sufficient land
Filinvest Land Corporation uses real estate marketing. They sell a product through
a geographical network of dealers who sell to end-users in their areas. The dealers may
service the product as well. Their dealers are essentially their business partners, and they
have a strong program to train and support them with marketing campaigns and materials.
Its Suppliers and Distribution Channels are into the geographic distribution
channels for products. In markets where the Distribution Channels are radically at
variance with the Distribution of the Customer Base, there are obviously logistic
problems in the supply and servicing of the customers; and this may represent an
opportunity for companies entering that particular national market to provide a superior
service and thereby gain market share. It is thus possible to analyse the distribution of
the Customer Base (being the Market) and the distribution of the existing suppliers in
order to evaluate whether or not customers are receiving adequate service or product
distribution.
Development Product
SUPPLIER FACTOR
In the development of the product, the supplier factor is into the processing, the
production and the handling facilities and capacities. They are focusing and looking for
the best on the quality, delivery, cost and innovation of finding the right supplier
channels.
DISTRIBUTION FACTOR
Sales promotion Advertising Sales force
In the development of the product, the distribution factor is into the sales promotion, the
Warehousing and handling, packing and packaging, distribution and stock availability.
Filinvest Land Incorporation is now known to be one of the leading real estate
developers in the Philippines. The company has celebrated through success and failure
for over 40 years of real estate development. Filinvest has historically focused on the
development and sale of affordable and middle market residential units. However,
together with growth and expansion of the company across the Philippines, Filinvest
distinguishable by the foreign and the local investors. The company has used
possible.
The company’s Cebu branch has thought of working beyond their goals in a way
wherein they market beyond their comfort zones so they are focused on thinking outside
the box. The company sees that an average person that earns an average amount of
money that will be able to sustain his daily expenses spends on an average amount. So
they thought of innovating housings that are beyond what an average person’s luxury and
what they would live in but would still remain at an average cost making it affordable for
an average person. The company has reviewed the main idea of how average people work
and live so they thought of innovating affordable housing that is well equipped,
convenient to all, practical and comfortable. Filinvest Land Incorporation’s Cebu branch
has innovated affordable housings in different places within the city, providing convince
and comfort to the customers who live and work or study within the area where the site
rises.
The Filinvest Land Incorporation’s Cebu branch built and sold several buildings
have had made a campaign “I Own my Dream”, where in they convince the people to
own their vision or illusion of a house they wish to live in. This is shown through the
way they market their buildings, starting off with the Filinvest Cebu Condominiums. One
of their very known condominiums is Amalfi City di Mare, the company advertises this
through the catch phrase “Relaxing amenities where fun moments are best shared with
loved ones and friends.” the company described the place to be similar to a coastal town
in Italy since it’s exterior was inspired by it. In the company’s website, it was elaborated
that it also offers a majestic view of both the mountain and the sea. Same advertising
strategy went for all the other condominiums, providing a catch phrase and elaborating
Filinvest’s Cebu branch also does sales promotions through discounts, promos
and other incentives. The very popular one is the “Konnichiwa Japan” Promo. The promo
was open to all new sales from local buyers from July 1, 2014 - September 30, 2014
considering that the sales as for this span of time were low. It also shows the amount of
cash the company is willing to risk in exchange to getting bigger sales. The buyers are
required to accumulate 4 million to 15 million pesos and the amount of the prices are the
corresponding days as for buyer’s stay in Japan. This promotes sales through the
products in a personal selling manner. The company has have made sales presentations
and commercial advertising through the company’s own incentive. This way, Filinvest
does not have to use real – estate agents since they advertise their products in their own
ways. Filinvest has produced video commercials for every rising site they build and
commercial adds through its very own web site. The commercials and flyers are also
shown and found on the company’s offices and hotels. This catches customer’s attention
through what they see and hear off. And soon then, add up to the sales of the company.
Filinvest also markets their products through public relations. The company’s
name has been recognized in many events that have funded. The latest Sponsorship that
the company funded was a fun run last June 7, 2015 called “Just for Fun, Join the Run -
Be a part of a cause” The run promotes health awareness and encourages everyone to
experience a fun – filled run. The fun run was said to help fund Pedro E. Diaz High
emotional connection with the customers. This way the company’s brand name is
recognized.
Lastly, Filinvest ventures to direct marketing. The marketing strategy requires the
company to hire real estate agents and partners call-centers to help them promote their
products. This way the company is able to contact and communicate to their clients
personally and directly through providing stalls inside mall and other places where there
are multitudinous amounts of people. This also turns out to be more convenient to the
marketing communications. The Filinvest Cebu branch has turned to the entrepreneurial
process of innovating and marketing products units. The company follows the concept of
thinking outside the box and living up to the risks in production. Filinvest took its
chances of marketing beyond boundaries and limitless goals making them one of the
CHAPTER 3
Conclusion:
The researcher have concluded that during the conduction of this research study
such a way wherein they provide ample amount of information to stimulate the buyer’s
interest for the its product. As a result, Filinvest exceeds its quota of sales that they have
Filinvest provides affordable quality homes for its customers on real estate units
from rental buildings to house-owning units. It strives to develop real estate products and
conduct more marketing strategies in order to compete with other prestigious real estate
CURRICULUM VITAE
Internet Resources
http://www.filinvestland.com/our-company/missionvision-values/
http://www.filinvest.com.ph/aboutus-category
http://www.homesweethome.com.ph/top-10-property-developers-in-the-
philippines/
http://www.hoppler.com.ph/blog/featured-real-estate-developers/the-builders-12-
top-real-estate-developers-in-the-philippines-part-3-of-3
http://www.filinvest.com.ph/about-us/about-the-company
Book Reference