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Priority Launch Ba
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Created on September 4, 2024
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Transcript
and Learn About Our
Meet
PRIORITY LAUNCH Approach
the Team
Leadership
DANIEL FALCONE
nicolas FALCONE
Managing Principal Chief Financial Officer Rentyl Resorts RentylResorts.com
Managing Principal Chief Executive Officer Rentyl Resorts RentylResorts.com
THE rentyl TEAM
JOEL LAZAR
Executive Sales Director
www.linkedin.com/in/joellazar/
www.linkedin.com/in/michael-parisi-85a21aba/
Regional Director of Marketing
Mike Parisi
www.linkedin.com/in/ronn-stern/
Ronn Stern
Director of Content
CHRISTOPHER ROBERTS
Sr. Director of Communications
www.linkedin.com/in/chris-r-roberts/
Our corporate real estate broker is p4l realty, llc
JOEL LAZAR
www.linkedin.com/in/joellazar/ [Texas Real Estate License in progress]
Steve Gulotta
www.linkedin.com/in/gulottacfl [Texas Brokers License in progress.]
Managing BrokeR
Our dedicated onsite Project Director for the Galveston Margaritaville™Cottages will relocate to Galveston for thelife of the project.
WHY RENTYL?
With Rentyl Resorts as your trusted partner, we will be with you during every step, from developing a new product all the way through resort operation.
Rentyl Resorts’ trusted 360° Solution is approached from two parts: Pre-Opening Services and Resort Open.
RENTYL RESORTS AT GLANCE
- 25M+ Annual Website Visitors
- 30+ Markets
- 1.8M Registered Customers
- 95 Resort Contracts Signed
- 14k+ Home Contracts Signed
Real Estate Sales & Marketing
AFFILLIATIONS
Scan (or click) to view Falcone Group website
Scan (or click) to view NDM awards
NDM Hospitality
Falcone Group
OUR PARTNER BRANDS
Scan (or click) to view Brand Hospitality Services
Hard Rock Residences
Hilton Hotel & Resorts
Marriott Hotel & Resorts
Bear's Den
Margaritaville™ Hotel & Resorts
The following four slides
Margaritaville
showcase our
content
Margaritaville™VILLASorlando
Margaritaville™cottagesorlando
CottageSSold & Closed
451
212
VillasSold & Closed
Project to Launch sales in
2025
MargaritAville™Myrtle BEACH
Click to view the Margaritaville Resort Orlando™ website
WhAT IS Priority Launch?
Margaritaville™ Resort Orlando is the ultimate resort experience where you can stay your way!
WhAT IS Priority Launch?
Margaritaville™ Resort Orlando Offering upscale amenities and friendly genuine island inspired service!
Rentyl’s expertise allows for varied real estate sales & marketing strategies.
- Conventional
- Priority Launch
- Hybrid
We believe The Margaritaville™ Galveston Cottages are ideally suited for a Priority Launch. The following is an outline on how that strategy works. There are a thousand moving parts that we look forward to managing for the success of the project.
WhAT IS Priority Launch?
The psychology of the launch shifts the typical buyer mindset from whether to buy or not to buy, to, get to the front of the line or as close as possible to get the best deal.
A priority launch is a high velocity marketing & sales strategy that creates FOMO and buyer urgency to a much greater degree than a conventional strategy.
CRITERIA FOR PRIORITY LAUNCH
The project’s location should grade as an “A”
- Popular tourist destination
- 4 Season weather
- Proximity to major attractions
- Easy access from major highways
- Brand Power
- Good airlift
- Proximity to Skiing, Golf, Beaches, Lakes etc.
Premium Quality
- Real Estate Developer
- Project & Design
- Real Estate Offering
WHY PRIORITY LAUNCH?
To sell most, if not all, available inventory before acts of God, global crisis or market factors shift against the real estate project.
To market & sell real estate projects at the highest velocity possible.
HOW A Priority Launch WORKS
There are 6 stages:
- The Teaser Stage
- The Whisper Stage
- The Blitz Stage
- Pre-Event Reception & Presentation
- The Priority Selection Event
- The Post Event Residual Stage & Closings
- Research & Analysis
- Develop a marketing strategy
- Develop a launch timeline
- Develop a budget
There are 4 pre-launch tasks:
THE TEASER
The Teaser stage uses curiosity to build interest about the product. After 60 days it transitions to the Blitz stage (the Big Reveal) to get people talking about the offering. The process increases awareness and engagement.
Teaser Example: Imagine launching a property in Mexico. Week 1: An image of the earth is introduced. Week 2: The image zooms to North America. Week 3: The image zooms to Mexico and Week 4: To the town where the property is located.
Runs simultaneously with the Whisper Stage
THE WHISPER - V.I.P. ACCESS
It’s called the Whisper because it is not promoted to the general public. The audience is limited to the prospects in our database, including Brokers, who already have a relationship with us.
CALL TO ACTION (CTA)
- Secure your sequentially issued Priority Position with a $1,000 refundable deposit.
- The earlier you secure your position the greater your selection of properties to choose from and the lower your price.
The Message: “Because of our relationship we are offering you a sequentially issued priority position to purchase at our newest property, before we make it available to the public.”
Runs simultaneously with the Teaser Stage
THE BLITZ
This stage reveals what the Teaser was about. This also marks the Whisper deadline. Both previous stages provide momentum to the Blitz resulting in greater engagement.
BLITZ OBJecTIVeS
- Explode into the scene with initial deployment of marketing tactics.
- Maximize lead conversion to Priority Positions.
- Launch sales team to nurture leads & position holders so all questions are answered, and they are qualified prior to the Priority Selection Event.
This stage marks the start of a synchronized & targeted marketing campaign to the public. It should dominate the marketing space for the market the project is in.
PRE-EVENT RECEPTION
AND PRESENTATION
- Attendees are greeted at the door and directed to a stand-up area with cocktails & Hors d’oeuvres. At hour 1 they will be directed to the presentation room.
- This provides position holders with more confidence in who they are dealing with and how the next days events will unfold.
- Remaining questions are answered by the staff.
- There will be a formal presentation, but not a Q & A. At the end of the presentation all staff will spread out in the back and answer questions 1-on-1 as guests are leaving.
- Position holder gifts are distributed as they exit.
POST EVENT RESIDUAL STAGE
Following the Priority Selection Event, the momentum of the marketing activity will typically yield residual lead flow for 3 to 6 months. This usually occurs without any marketing spend. It allows for absorption of inventory left over from the event, if any.
timeline parameters
Priority Launch results are impacted by many factors. Providing sufficient time for each stage to mature is one of the most important factors. Whichever timeline, up to 4 weeks of marketing production is required.
4 months
5 months
Teaser/Whisper-2 months Blitz-2 months
Teaser/Whisper-2 monthsBlitz-3 month
Minimum Timeline
Ideal Timeline
PRE-LAUNCH REQUIREMENTS
- CLEAN SLATE: If any online promotion, signage or advertising of any kind is active prior to the Priority Launch, it must be terminated before the Teaser begins. If not, a pivot to a conventional sales program is recommended.
- EVENT DAYS The 278 units being sold dictates the need for a 2 day selection event.
- EVENT SUPPORT The event requires multiple sections operating systematically and seamlessly. The sections include reception, lending, construction, title, design, administration (inventory, staffing, contracts & deposits), sales, technology (IT), security, logistics (parking, tent, AC, F & B, audio visual and management. Volunteers from the developer's team and paid temporaries will be requested
Priority selection event
Psychological Factors
- Each position-holder has 5 minutes to make their selection. If they can’t, the next position-holder makes their selection. If the passed position-holder still can’t make a selection, they keep getting passed until they do. There is total transparency in the process, which creates excitement and urgency a/k/a Fear of Missing Out (FOMO).
- At no time before the event, is a unit sold. This sends a message to our team, Realtors, and buyers that the event is real. “We are so confident of our offering we turn offers away.”
THANK YOU