The Marketing Value of Model Home Merchandising
BuilderRadio interviews Mary Dewalt, Mary DeWalt Design Group, Austin, TX
Is your model home an extension of your markteting? According to interior designer and model home merchandising specialist Mary DeWalt, of Mary DeWalt Design Group in Austin, TX, it should be. Not all builders sell from a model home, but for those of you who do, properly merchandising your model home can be one of the best investments you can make. Listen to our interview with Mary for tips on how to make your model home become a silent salesperson by attracting more buyers and helping them to decide to buy your product. Review the outline below while you listen, and make notes as to how you will apply these powerful strategies to make your model an active part of your sales and marketing implementation.
Interview with Model Home Merchandiser Mary DeWalt:
Why merchandise a model home?
Merchandising is properly packaging the product specifically for your target audience. Builders can’t afford not to merchandise their models. The typical customer will look at 50 homes during their shopping cycle, and will make a determination within 6 seconds if they like a particular home or not.
Proper mechandising willhelp your model home:
1. Compete with other builders, even larger ones
2. Act as a ‘silent salesperson’
3. Sell faster
4. Increase perceived value of you, the builder and your product
5. Demonstrate how the home will live
6. Draw ties to the community
7. Increase absorption rate
8. Keep buyers in the model longer, increasing the sales rate
9. Add a ‘memorability’ factor – makes your homes stand out
10. Ensure current trends are included in the design
Q: What’s the difference between Merchandising and Interior Decorating?
Interior decorators work to individuals to buy furnishings; Merchandisers work to
highlight the features of the home to a target audience. They don’t sell furnishings.
Q. How does a builder find a Model Home Merchandiser?
The best way is through the NAHB Sales & Marketing Council, or to Google Model
Home Merchandisers. That will bring up a list of websites to compare. Then, when
you narrow it down to 2 or 3, ask them each to give you a presentation.
Q. How will a merchandiser go about setting up a model home for a target group?
Model Home Merchandisers take the buyer profile information that the builder gives them and then do their own market research on top of that. They want to know who the buyer is, how they live, where they work, play and shop, etc. Then, the merchandiser will create a ‘fictional family’ that represents that cumulative buyer profile and merchandise the home for that family. Since styles are often being defined by popular catalogs such as Crate & Barrel, William Sonoma, Restoration Hardware, etc., a merchandiser might choose items from an appropriate catalog to use, always going one step up from where the target buyer may be at time and showing what they are likely to move up to.
Q. When should a builder begin working with a merchandiser?
The earlier, the better. Ideally, a merchandiser can work with the builder and architect to make sure the homes have the most sought-after features for a given market. So, the merchandiser should be part of the marketing team during project development.
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2 Comments to The Marketing Value of Model Home Merchandising
by Chris Robbins
On August 5, 2009 at 1:24 pm
Mary is so right. Merchandising the Model Home is a great way to sell the product. Our organization has a Sales Center with several models that are all merchandised and silently sale our homes for us. In my opinion, when selling a home to someone, the worst thing anyone can do is take a customer into a non-merchandised home. When you walk into an empty shell, you can’t see the potential that the home has. Merchandise it just the least little bit and “BAM” you’ve got a silent salesperson. I appreciate Mary sharing the insight on how often to change up the merchandising to keep it current and with the trend. That is a small part that so many people would most likely miss. Thank you.
Chris Robbins
Sales Specialist
Frontier Housing, Inc.
Morehead, KY 40351
by Norma Jo Bell
On September 30, 2009 at 3:47 pm
You are so right. We sell handcrafted timber frames, so when we were planing our new office complex and beamery we decided to incorporate what we do best in the office area. When clients walk in ‘Shazam’ they not only see the quality of the workmanship – they can see and ‘feel’ what it’s like to be in a timber frame. We also have a model home that highlights several different timber frame design concepts along with evolving green building concepts. But Mary is also very correct in saying that it does take some planning to ‘keep it current’.
http://www.timberframemagazine.com
http://www.cabincreektimberframes.com
http://www.timberframesaregreen.com
Norma Jo Bell
Co-Owner
Cabin creek Timber Frames
6624 Georgia Road
Franklin, NC 28734
828-369-5899