Most companies are definitely embracing new technologies to ease the burden of administrative tasks. Yet, the commercial real estate industry is falling behind and has not yet implemented these solutions broadly. If you don’t want to blindly follow the pack and are unsure whether this kind of software may help your business, here are eight reasons that you should keep in mind when planning to implement a specialty leasing and asset management software.
1. Deal optimisation
Deals usually take too long to complete and we tend to spend more time tracking updates instead of making strategic decisions on how to attract new customers. We shorten those times with the aim of making your business more profitable faster.
2. Storefront spaces
It is essential that potential customers can easily find all your offerings together in one place, without the need to exchange e-mails or call. Bear in mind that your competition is also improving, so it is essential to make things easier for your leads.
3. Improved efficiency
Manage thousands of requests at the same time and digitise contracts and payment processes. As we mentioned earlier, administrative processes can be smooth and fast provided you set up the right digital solution.
4. Trackability
Keep every visit, request and booking trackable so you can easily access the information on asset performance (visits, requests, leads, invoices, occupation rate, etc.). Today, data rules the world, and you should never underestimate the insight this information could bring.
5. Improvement of your sales ratio
With the implementation of this type of software, we can spare the customer the internal bureaucracy. The retailer is the one who carries out the entire process online, directly through their computer or mobile device. This will result in a positive direct impact on short-term sales.
6. A brand new sales channel
Having your own and online platform will allow you to attract new customers in different ways, without depending on traditional channels. For instance, you could implement a special Google campaign, promote it via social media, etc.
7. Centralisation
A centralised place to track important updates from tenants, spaces, assets and contacts, and have all the information you need just a click away.
8. Analysed performance
Analyse and compare the performance of your assets to that of other shopping centres regarding average rents, occupancy rate, average days per rental, etc.
If any of these challenges sounds familiar, it is time you acquire a specialty leasing and asset management platform like Book A Corner to help you get started on this technology journey!
