Software development
One platform for multiple industries
The best support we will provide restaurateurs is the software development we do for their industry.
We develop a complexed platform that enables different industries to support each other with a combined mission, which is to help nature conservation.
It is sad, and true, that most people will not contribute financially towards nature conservation without benefit financially by doing so.
We understand the complexities involved in encouraging financial contributions towards nature conservation. The reality is that individuals and businesses are more inclined to support initiatives when there is a direct and tangible benefit to them.
Triumph IT needs to focus on software development that will benefit businesses in partnership.
Restaurateurs who partner with us can during beta test period provide us with requests for development, if they can think about actions that will help them secure more clients and increase profitability.
Software structure that is specifically designed to increase business
We detail this section separately to clarify why standard social media platforms cannot help tracking dogs raise funds the way we intended to do.
The software structure must benefit the restaurant and the property company as both parties will work in harmony with each other to provide a solution for the dogs.
There must be more value to the business owners than what we can do for the tracking dogs, else the longevity of this project will fail.
When we supply subsidized structures to invite clients for the restaurant, we must also focus on inviting people that will benefit the restaurant.
The following images above and below will provide more information.
Partnering restaurants with the property industry helps us identify which phone users belong to the high LSM income bracket.
It is not beneficial for the restaurant industry when lower LSM income individuals receive subsidized vouchers. The restaurant clients should all be in a financial position to spend large amounts on restaurant meals.
In the image above, the property marked with the is a property that the agent negotiated a sole mandate on, with the commitment that she will use her e-wallet marketing fund to invite guests to visit her during the open hour of the property.
These invitations include the message that when the person arrives at the open house, that he/she will receive a restaurant voucher to thank them for the time allowed to just pop in and give the agent and the homeowner their honest opinion about the asking price of the property.
Important note
The images below illustrate how the software selects app users, starting with those within a 1-kilometre radius of the mandate property.
You will note that the technology will often skip a person who resides close to the mandated property. The reason for this is not that we do not want to invite the person. It is a process where when an app user did receive a voucher during the last month or so, that the technology will proceed to find other people close to the mandated property for invitation purposes. The software will also not invite a person if that individual resides in our view to far from the mandated property.
This is to the benefit of both the restaurant and the estate agent. The best value for the restaurant is to have a broader spectrum of guests spread over a wider period. It is not beneficial if frequent restaurant visits are only due to marketing support from the property industry. These people will be enticed to visit the restaurant out of their own doing as well.
We also want to provide a broader feedback base to homeowners whose properties are marketed via the agents onboard.
We aim to offer comprehensive feedback to homeowners whose properties are marketed through our partnered agents.
Providing such service is feasible with the use of technology.
We explain to restaurateurs that this service is extremely difficult to do without advanced technology.
Restaurateurs will also understand why the principal who invited you will do his/her best to set-up a network of other businesses to help support the restaurant once you understand the significance of the service we currently discuss.
The most important aspect of an agent’s service is to help guide a homeowner to get the correct marketing price when the homeowner wants to offer his/her property to the market.
The goal is to achieve the highest price in the shortest time.
The next part of the website will explain why it will not be possible to use current social media platforms to support homeowners with the most important task.
Impossible to provide such service without technology
Utilizing personal funds to determine an appropriate asking price
Most agents do not use their own commissions for marketing support. In general, agents work on a commission split with their office and the expectation is that the office will carry marketing costs.
Principals often invest in property advertisement websites. They spend substantial sums to host their marketed properties. Principals will in certain circumstances also pay for the producing of a marketing video should they receive a sole mandate. (These videos are also expensive to produce)
None of the current website platforms can also provide the support we will do after beta testing.
There is in most cases not funds available to help the homeowner to determine the correct asking price.
Current data used
The current plan that agents use to help guide for a price is stats that they generate out of previous transactions. They use deeds office data to inform homeowners about properties registered in the last six months.
We need to highlight key aspects of this plan. Registering a property in the new owner's name can take up to three months.
So in theory, an agent wants to tell a homeowner what he/she should base their decision on taking into account what buyers were willing to spend up to nine months ago.
An agent should inform a homeowner about the factors to consider when making their decision, taking into account what buyers were willing to pay up to nine months prior.
There are so many factors that influence a person’s decisions when it comes to buying properties. It could be economical changes, political changes and even factors where crime plays a role, which will influence what people will be willing to pay for properties in a specific geographical area.
It is important to have a more current view of what people think about the asking price. This will only work when agents use our platform.
Inviting guests to visit open house
To explain our solution best, we want to explain it in two scenarios.
One is where agents use our platform, and the second is where agents try to simulate the service via existing social media structures.
Our solution
Agents in category B need to purchase restaurant vouchers from local restaurants.
With these vouchers, they need to visit homeowners and drop personal invitations individually off at the properties surrounding the mandated property.
This is time consuming and costly. To visit each home when the owner or tenant is available is also challenging.
If these agents attempt to post an invitation on social media, they will be unable to ensure that only residents near the designated property receive this information.
This will result that people residing far from the mandated property might visit the open house to collect the restaurant vouchers. (Far in our opinion is more than 2 km away)
The hole purpose of inviting guests to visit the open house is to target people who are not personally in the market to buy/rent a property.
Residents within the community who will also be affected by significant declines in property values are invited as guests. These people will rather provide more positive feedback on questions pertaining to asking prices.
These guests (residents) are invited to provide their opinion on the asking price. By doing so, they may know someone who is interested in relocating closer to the community where the property is located.
None of the existing social media platforms are designed to target only people residing in, for example 1 km radius of the mandated property.
When agents use social media, they will target people with no significance to the aimed objective.
Agents in Category A will simply use the Enjoy Life app and all these functions will be managed on their behalf.
This is also important to discuss. It is a lot of money that agents cannot afford to waste should they decide to invite guests with expensive gifts as a reward for their effort.
Homeowners will after completion of beta testing invite estate agents to help them market their properties via the Enjoy Life app. The app will inform the homeowners exactly which agents have personal marketing budgets available to help determine the correct asking price.
The Enjoy Life app has an important division that specializes in estate agents supporting property owners. Probably the most important focus point is to provide effective and accurate feedback to homeowners pertaining to the entire marketing process.
Agents in Category B will have to provide their own feedback where they will have to report to the homeowners how many vouchers were handed out and if possible, how many vouchers have been used. This will be a mammoth task, and we don’t see how agents will manage such a process.
The software will support agents in Category A enormously. The example to the right explains the types of feedback given.
Feedback regarding asking price:
The Enjoy Life app requests guests and clients to provide their opinions on the pricing in three distinct categories:
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Reasonable
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Fair
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Slightly overpriced
Feedback to homeowners
We publish the results with comments for the homeowner to review. Guests and clients can give feedback via text messages or preferably voice notes when they are at the premises.
The homeowner will set ‘n Pindrop that will only enable guests and clients to provide feedback if their phones are in range of the radius pin. (Phone needs to be within 20 meters before feedback options are available)
Feedback is important for agents to provide, as this creates trust between them and the homeowners they work for.
Feedback regarding vouchers:
If an agent commits to a marketing budget, the homeowner should monitor if it happens.
The Enjoy Life app will therefore indicate how many vouchers were bought to help market the property, how many vouchers were issued to guests and clients, and even how many vouchers have been redeemed by guests or clients.
It will also be possible to show the homeowner when a client or guest has redeemed the voucher.
Agents in Category B can't provide similar feedback without the Enjoy Life app support.
The Enjoy Life app will provide support pertaining to more than one agent’s activities who are involved in marketing the property. The homeowner can invite multiple agents to market the property if they wish.
Readers should know that this software platform is most likely the most expensive software development ever to assist the entire property industry.
In future, all the agents working in the restaurant’s geographical area will use this software platform to help homeowners.
We foresee that the number of estate agents will decline. The industry will consist of more professionals who use technology to provide services to homeowners that will help the homeowners receive the best price within the shortest marketing period.
Why do we provide this information to restaurateurs?
Why this information
Working with the entire property industry creates opportunities for us to help restaurateurs even better.
One section that was not addressed in these pages for restaurateurs relates to the property division where information about community support is published.
We advertise which coaches of different sports and hobbies are available for new people who move into the area.
When an agent markets a property, the best thing is to sell the community in which the property is located. People move into a community where they can live.
Opportunities for restaurateurs
Restaurateurs support the community. Agents will in future provide restaurant vouchers instead of flowers when they thank buyers and tenants for business.
We will be able to inform the restaurateurs exactly who are newcomers to the community when people enter the restaurant.
Restaurateurs can then personally welcome these people to the community, which will result on constant support from these guests.