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VMPL
New Delhi [India], December 26: The real estate sector is a cornerstone of economic growth, but it often suffers from a pervasive issue: a lack of trust. According to a 2023 survey by Knight Frank, 42% of homebuyers in India and 38% in Dubai hesitate to finalize purchases due to concerns about delayed project deliveries, lack of transparency, and insufficient brand credibility. In markets where stakes are high, building trust is not just desirable--it's essential. This trust deficit has significant implications for developers and marketers. A report by Colliers International revealed that Indian real estate brands lose nearly 20% of potential customers due to negative sentiment or poor online engagement. Meanwhile, in Dubai, a 2024 survey by Property Finder indicated that 30% of buyers and investors place a high premium on trust factors like project reviews and brand credibility before committing to a deal. At Two99, we recognize this critical challenge and offer proven, AI-enabled solutions to bridge the trust gap and cultivate vibrant, contributing communities around real estate brands and their projects. The Real Estate Sector's Challenges 1.Delayed Deliveries and Broken Promises: India recorded over 400 delayed projects in major cities like Mumbai, Delhi NCR, and Bangalore as of 2023 (ANAROCK Report). This leads to negative publicity and customer frustration. 2. Eroding Customer Confidence in Off-Plan Sales: The Dubai market, known for its off-plan sales model, saw a 15% decline in investor confidence in 2024 due to incomplete or misrepresented project timelines (Bayut Data). 3.Lack of Digital Engagement: Real estate brands underutilize digital platforms, with only 26% of Indian developers actively engaging on social media (IAMAI Report 2023). Dubai fares better but struggles with community-building efforts beyond launch announcements. 4.Poor Online Reputation Management (ORM): Negative reviews or complaints are left unaddressed, resulting in a 17% decrease in brand trust for Indian developers and 22% in Dubai's highly competitive market (JLL Research). 5.Disconnected Communities: Buyers often feel alienated after their purchase, leading to a lack of loyalty and word-of-mouth recommendations. Only 32% of Indian homebuyers report feeling connected to their project's community (Livspace Survey 2024). How Two99 Solves These Challenges Two99 specializes in crafting end-to-end trust and community-building solutions tailored for real estate brands. Here's how: 1.Transparency through AI-Enabled Platforms Our proprietary AI marketing algorithms ensure real-time updates, transparent communication, and personalized engagement with potential buyers. By using data-driven insights, we highlight project timelines, construction milestones, and ROI projections to eliminate uncertainty and instill confidence. 2. Digital ORM and Brand Trust Frameworks We deploy advanced ORM strategies to monitor, address, and mitigate negative sentiments online. Our team ensures that every customer query, review, and concern is addressed promptly, boosting brand credibility by up to 35% within six months. 3. Contributing Community Ecosystems Our community-centric approach transforms buyers into brand advocates. We: * Build neighborhood-focused online groups to foster interaction among residents. * Organize monthly events for residents to connect emotionally with the brand. * Create education-led campaigns to empower buyers with knowledge about their projects. 4.Customized Digital Strategies For each project, we tailor 360-degree digital strategies involving: * Hyperlocal Influencers: Engaging local voices who resonate with the community. * Video Storytelling: CGI-based project walkthroughs that build excitement and trust. * WhatsApp Infographics: Offering accessible, real-time updates to customers. 5.Data-Driven Campaigns Our targeted campaigns analyze buyer personas, enabling effective segmentation and messaging. This has led to a 3X increase in engagement rates for our real estate clients in India and Dubai. 6.Benchmarking Against Competitors We use competitive analysis to position your brand as a leader. Our strategies ensure higher visibility on platforms like Google and Property Finder, and boost marketplace trust scores by integrating reviews and testimonials seamlessly. Case Study: Transforming Credibility and Community for a Dubai-Based Develope. Challenge: A Dubai-based developer struggled with low conversion rates (4%) despite offering premium projects. Solution: * Two99 launched a community-building initiative involving investor Q&A sessions, local influencer collaborations, and gamified digital campaigns. * We also used AI-powered chatbots to offer instant support, ensuring response times reduced by 60%. Result: Within 4 months, conversions increased to 11%, customer engagement rose by 50%, and the developer's trust score on Property Finder improved by 38%. Measurable Outcomes with Two99 * 50% faster lead conversions through enhanced ORM and transparent communication. * 3X ROAS with optimized digital campaigns tailored to target audiences. * 40% increase in brand trust scores in marketplaces like 99acres, MagicBricks, and Property Finder. * 2X repeat buyer rate by nurturing connected communities. Building a Better Future for Real Estate Brands At Two99, we don't just market projects; we create legacies. By bridging the gap between buyers and brands, we transform skepticism into trust and customers into lifelong advocates. Whether it's building trust for off-plan projects in Dubai or addressing negative perceptions in India, Two99 is the partner that drives results. With our expertise, AI-enabled algorithms, and a commitment to excellence, Two99 ensures that every brand becomes a trusted name in the real estate landscape. Ready to Build Your Community of Trust? Contact Two99 today and let's redefine how your brand connects with its audience. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
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