Marketing Research of the Local Primary Market of Residential Complexes in Kyiv
Client: Kovalska
Marketing Consulting Group analyzed the primary real estate market in Kyiv's Shevchenkivskyi, Holosiivskyi, Pecherskyi, and Podilskyi districts.
Research Goals
- Analysis of the density of the real competitive environment by price ranges and qualitative indicators.
- Development of recommendations for the positioning and promotion of the client's residential complex.
Research Objectives
- To analyze the structure of the current supply in the local primary market of residential complexes (hereinafter — RCs) by price ranges, considering objects, readiness stages, and apartment types.
- To conduct a comparative analysis of projects' qualitative indicators:
- general characteristics
- positioning
- formation of value chains
- To develop a price development plan for the client's RC (for different types of apartments and living conditions).
- To review competitors' advertising and marketing activities at the time of the marketing research.
- To describe the advantages of the RC for use in further promotion.
The following data collection methods were used in the research process:
- Analysis of secondary information sources, positioning analysis.
- Monitoring of objects, sales departments (telephone survey).
- Involvement of a construction expert to assess the qualitative indicators of housing, conducting mystery visits.
- Monitoring of competitors' advertising and marketing activities at the time of the marketing research.
Results
-
- specifics of the local market
- ranking of Kyiv districts by quality of life in recent years
- positioning of RCs by comfort level
- specifics of qualitative characteristics of the local market
- online reputation of projects
Also:
- a report on mystery shopper visits and conclusions was prepared
- a review of competitors' advertising and marketing activities was conducted
- a photo report of competitors' outdoor advertising was compiled
- The most commonly used positioning elements among the studied objects were identified, and advantageous positioning points were developed for the client.
- The service, quality, and attractiveness of offers in the primary housing market were assessed, and based on the findings, recommendations were proposed to the client.
- Price indicators of the local market and the density of the competitive environment by the cost per square meter were analyzed.
- The advantages and disadvantages of the RC were identified, and recommendations for the positioning and promotion of the client's RC were developed.
- Price indicators of the RC were analyzed.
- A forecast of value chains for the RC was made.