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Real Estate Tech

Helping tech-enabled Real Estate players across co-living, co-working, hotels, etc. with insights on consumer sentiment, designing of customer journeys and enhancement of digital presence, customer retention and recall

What we do

Customer segmentation
  • What are the key customer segments? What is their persona?
  • How do needs, preferences, and behavior vary by demographic, geographic, psychographic profile of the real estate tech customer?
  • What are different aspirations of the customer?
  • How is the digital presence of the consumer?
  • Which customer segments are most valuable for the brand / service?
  • How can you target specific customer segments?
Customer needs assessment
  • What are the customers' expectations and perception of the brand / service?
  • Where are the gaps between customer expectations and current product offerings / service levels?
  • What are the underlying reasons for the gap?
  • Are there any new entrants in the market that are focussing on these gaps?
  • What do the global analogues show about fulfilling gaps for the existing players?
  • What are the communication changes needed to manage customer expectations?
Sector scan
  • What is the current competitive landscape in the sector? How are different players positioned?
  • How are players faring across segments such as co-living, co-working, etc.?
  • Have new-age segments within the sector created value for stakeholders?
  • What are the growth drivers for the sector and sub-segments?
  • What are the leading brands? Are there upcoming brands in the segment?
NPS diagnostic
  • How likely is the customer to promote this brand or service?
  • Which customer segments are unsatisfied and at-risk for the brand or service?
  • What are drivers for customer loyalty and NPS? How does the brand fare on those?
  • What are the industry and competitor NPS benchmarks?
  • What are common global best practices that can be implemented to drive customer experience?
Voice of Customer
  • What are latent and unmet needs of the customer? What do customers value the most?
  • How does the feedback vary across different segments / sub-segments?
  • Where do customers want the brand / service to improve?
  • What is the customer's feedback on new products / services / concepts etc.?
  • What are the top 3 factors customers look for while purchasing for the service?
  • Is the customer journey broken? What are the pain points?
  • What are the things that the brands can improve upon?
Customer purchase journey
  • How does a typical consumer journey look like?
  • What are the key purchase criteria? How does it vary across product categories?
  • What are the pain points at each stage in the purchase journey?
  • What are the various channels for purchasing - online vs. offline? How does a customer decide on purchase channel?
  • What is the impact of offers / discounts on conversion of consumer?
  • What is the consumer satisfaction with redressal services - call / text / email?
Competitive intelligence
  • What are the most important themes to track the competition?
  • How is the competition performing across these themes?
  • Is the target losing / winning w.r.t. competition? Why?
  • What are the competitors doing differently in the market?
  • What are the plans of the competitors for the near future?
Property owner benchmarking
  • What are the top concerns of property owners of a given brand?
  • How does the property owner of a given brand perform on key strategic, operational and financial parameters?
  • What was the property owner baseline (Revenue, EBIDTA etc.) before partnering with the brand? What is the overall increase in these metrics across selected clusters of properties?
  • How have direct and indirect revenue levers been influenced?
  • How have fixed and variable costs changed?
  • How do various properties vary across customer experience, guest retention, loyalty etc.?
Category trends
  • What is the market size and growth rate of the Real estate Tech category? How are sub-segments within the category growing?
  • What is the growth outlook for the categories / sub-categories?
  • How are consumer needs changing?
  • How does the unit economics and profitability look like for each category?
  • Are there global segments within Real estate Tech in other advanced markets yet to enter India?
  • Which business models are doing well? Why?
  • What are the key trends and innovations driving category growth?
Voice of channel
  • What is the feedback from multiple channel participants on brands / services?
  • Which services / offerings / packages are channel partners most satisfied with across categories and why? How is their overall experience?
  • What are the reasons for preference of a particular brand / service over others?
  • What are the TATs across various stages of customer journey (Discovery & Booking, Fulfilment)? How do they compare with competitors?
  • What tactics are competitors pursuing in the market?
  • What do trade partners like / dislike about the brand?
  • How can the brand / service improve its relationship with partners?
Unit economics benchmarking
  • How does unit economics and its components (revenue as well as cost side) compare w.r.t competition?
  • What are the different revenue streams per customer? What are the drivers of revenue?
  • How much does it cost in time and money to service / acquire a customer?
  • What fixed and variable cost components are associated with servicing a customer?
  • What are the drivers of fixed and variable cost?
  • How do the unit economics vary across customer segments, products and geographies?
Target screening and diligence
  • How does the competitive landscape of a market look like?
  • Who are the major / emerging players in the market?
  • What is the value proposition of various players?
  • What is the competitive differentiation and growth strategy of players?
  • How do players compare on critical factors like unit economics?
  • What is the likelihood of the success of players? Who will emerge as a winner?

Connect with our experts

Why 1Lattice?

Tech Enabled

Tech Enabled

Quality of Insights

Quality of Insights

Reliability of Outcomes

Reliability of Outcomes

Cost Effective

Cost Effective