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Ricktom - Construction Marketing Plan
Ricktom - Construction Marketing Plan
CONSTRUCTION
MARKETING PLAN
Tommy
Ricky
EXECUTIVE SUMMARY
The real estate and construction industry is currently suffering from the pandemic situation
as consumers are spending less on property. However, real estate industry grew by 2.4%
(year on year) and construction grew by 2.43% (year on year) in the first nine months of
2021. This means there is a potential for growth as the economy recovers.
RickTom Construction offers high-quality housing for people to live in. All products and
services are delivered in a timely manner and offered in an affordable price. The buildings
are built to be long lasting with luxury design and high quality materials.
The target demographic for the company will be adults aged 25 and above. The company
will increase awareness to our targeted customers through online advertising and
attending exhibitions.
Although the construction business is highly competitive, we believe that there is a place
for high-quality, attractive, durable, and affordable products. Our goal is to build and
market products that will fulfil people’s need and stand the test of time.
TABLE OF CONTENTS
Situation Analysis Marketing Strategy
1 A detailed examination of a 2 How we plan to reach
company's market presence prospective consumers
Major players: PT PP, Wika, Metropolitan Land, Total Bangun Persada, Nusaraya Cipta, etc.
Market Growth
Market Share
SWOT Analysis
Strengths Weaknesses
- Years of experience
S W
- Modern technology
- Fast delivery
- Affordable price
Opportunities Threats
- Create new market O T - Open market brings
- Enter niche market
international competitors
- Enter known market
- The rise of local players
with differentiation
Product Offering
High Rise Low Rise
High Buildings - Buildings that
More than 7 stories are 1-4 stories
Financial Statement
Service
Healthy financial status
Customised to fit customers’ need
Technology Used
Availability Modern, latest, and friendly
technology
Always available
June 2022 Sept 2022 Dec 2022 March 2023 May 2023