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Colliers Central Region Conference 2006 Working Smarter – B.I. Verses B.S. Gaining the Competitive Edge. Presented by Dean Whittaker Whittaker Associates, Inc. Introduction. Working smarter by gathering and using business intelligence Predicting companies with a real estate requirements
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Colliers Central Region Conference 2006Working Smarter – B.I. Verses B.S.Gaining the Competitive Edge Presented by Dean Whittaker 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
Business Intelligence • Reduce inefficiency in the marketing process • Focus time and effort highest probability of success • Minimize holding cost • Maximize property value
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
Corporate Events Creating a Real Estate Requirement • Internal Changes • Employment • Sales • New Products • IPO • New Contracts • Others
Corporate Events Creating a Real Estate Need (cont.) • External Changes • Regulations • Client • Competitor • Technology • Others
Marketing Specialized Property • Getting, keeping and executing the assignment • Identification of unique attributes • Creating user profile • Finding the buyer/user
New Business Development • Timing – new relationships • Getting past the “gate-keeper” • Locating the decision-maker • Differentiating yourself
Targeting and Tracking Companies • Do versus buy • Measuring results • Heads up services
Using Business Intelligence • Where to find it? • Web-based services • Other resources • How to use it • Lead development • Lead qualification • Tracking
Gadgets and Gizmos • Tools • Tips • Tactics
Information Tools www.ceoexpress.com www.hoovers.com www.google.com www.news.google.com
Information Tools (cont.) • www.earth.google.com
Information Tools (cont.) • Geographic Information Systems (GIS) • www.gisplanning.com • www.maps.google.com • Geographic Positioning Systems (GPS) • Cell Phone GPS • Hand-held GPS
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
Contact Information Dean Whittaker or Dennis Burnside Whittaker Associates, Inc. 44 E. 8th Street, Suite 420 Holland, MI 49423 616-396-4500 www.whittakerassociates.com dean.whittaker@whittakerassociates.com dennis.burnside@whittakerassociates.com