Copyright © 2005 Whittaker Associates, Inc Colliers Central Region Conference 2006 Working Smarter – B.I. Verses B.S. Gaining the Competitive Edge Presented by Dean Whittaker Whittaker Associates, Inc.
Copyright © 2005 Whittaker Associates, Inc Introduction Working smarter by gathering and using business intelligence Predicting companies with a real estate requirements Targeting companies for special use properties Gadgets & Gizmos: tools, tips, and tricks
Copyright © 2005 Whittaker Associates, Inc Business Intelligence Reduce inefficiency in the marketing process Focus time and effort highest probability of success Minimize holding cost Maximize property value
Copyright © 2005 Whittaker Associates, Inc What Creates a Real Estate Requirement? Internal Change Change in ownership Change in leadership External Change Change in relationship w/customer Change in competitive landscape Change in technology
Copyright © 2005 Whittaker Associates, Inc Corporate Events Creating a Real Estate Requirement Internal Changes Employment Sales New Products IPO New Contracts Others
Copyright © 2005 Whittaker Associates, Inc Corporate Events Creating a Real Estate Need(cont.) External Changes Regulations Client Competitor Technology Others
Copyright © 2005 Whittaker Associates, Inc Marketing Specialized Property Getting, keeping and executing the assignment Identification of unique attributes Creating user profile Finding the buyer/user
Copyright © 2005 Whittaker Associates, Inc New Business Development Timing – new relationships Getting past the “gate-keeper” Locating the decision-maker Differentiating yourself
Copyright © 2005 Whittaker Associates, Inc Targeting and Tracking Companies Do versus buy Measuring results Heads up services
Copyright © 2005 Whittaker Associates, Inc Using Business Intelligence Where to find it? Web-based services Other resources How to use it Lead development Lead qualification Tracking
Copyright © 2005 Whittaker Associates, Inc Gadgets and Gizmos Tools Tips Tactics
Copyright © 2005 Whittaker Associates, Inc Information Tools
Copyright © 2005 Whittaker Associates, Inc Information Tools (cont.)
Copyright © 2005 Whittaker Associates, Inc Information Tools(cont.) Geographic Information Systems (GIS) Geographic Positioning Systems (GPS) Cell Phone GPS Hand-held GPS
Copyright © 2005 Whittaker Associates, Inc Discussion
Copyright © 2005 Whittaker Associates, Inc Summary Working Smarter using business intelligence Change creates real estate requirement Look for unique property features Profile target audience Target decision maker Gadgets and gizmos
Copyright © 2005 Whittaker Associates, Inc Contact Information Dean Whittaker or Dennis Burnside Whittaker Associates, Inc. 44 E. 8 th Street, Suite 420 Holland, MI