Bahrain Bay is a large real estate development project in Bahrain with four main philosophies: aesthetics, community, social equity, and environmental sustainability. Its mission is to create a stunning waterfront development with residential, retail, and commercial spaces. Bahrain Bay promoted the project at MIPIM, a major international real estate conference, to connect with potential investors. Its location in Bahrain provides advantages such as proximity to other Gulf and Middle Eastern countries. Key competitors in real estate include Dubai, known for luxury skyscrapers and resorts. Football sponsorship is a form of public relations promotion for the project.
Bahrain Bay is a large real estate development project in Bahrain with four main philosophies: aesthetics, community, social equity, and environmental sustainability. Its mission is to create a stunning waterfront development with residential, retail, and commercial spaces. Bahrain Bay promoted the project at MIPIM, a major international real estate conference, to connect with potential investors. Its location in Bahrain provides advantages such as proximity to other Gulf and Middle Eastern countries. Key competitors in real estate include Dubai, known for luxury skyscrapers and resorts. Football sponsorship is a form of public relations promotion for the project.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
Bahrain Bay is a large real estate development project in Bahrain with four main philosophies: aesthetics, community, social equity, and environmental sustainability. Its mission is to create a stunning waterfront development with residential, retail, and commercial spaces. Bahrain Bay promoted the project at MIPIM, a major international real estate conference, to connect with potential investors. Its location in Bahrain provides advantages such as proximity to other Gulf and Middle Eastern countries. Key competitors in real estate include Dubai, known for luxury skyscrapers and resorts. Football sponsorship is a form of public relations promotion for the project.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
Nermine Talaat Yomn Ehab Ingy Hamza Wafaa Assem Bahrain Bay Project Question 1 (Bahrain Bay Philosophies) Bahrain Bay has four fundamental philosophies, emphasizing their strategic priorities:
The first is aesthetics, a dedication to state-of-the-art
architectural designs that create a modern image of this real estate project. From a marketing perspective, the artistic designs are the key edge of Bahrain Bay's buildings. Bahrain Bay Project Question 1 (cont.) The second is community. Rather than marketing each building individually, Bahrain Bay seeks to maintain unified community for its residents and business people. It extends beyond the traditional concept of marketing a service into place marketing, where an integrated community is born. This is supported by the digital technologies and infrastructures. Bahrain Bay Project Question 1 (cont.) The third is social equity. The Bay offers a wide range of opportunities for all. With a differentiated setting for residents, a distinct commercial community and a potentially profitable outcome for investors. It believes to serve its stakeholders. Bahrain Bay promises a quality of life for residents, businesses and visitors alike. Bahrain Bay Project Question 1 (cont.) The fourth and last philosophy is tomorrow's environment. By employing top-notch technologies and ecologically sound infrastructures, Bahrain Bay is environmentally friendly, sustaining a city for generations to come. Bahrain Bay Project Question 2 (Bahrain Bay’s Mission) Bahrain Bay is a stunningly presented collection of waterfront residential ,retail , and commercial developments , representing a unique new focal point in Bahrain. Bahrain Bay Project Question 3 (MIPIM) MIPIM is the world's foremost real estate trade show, held on a yearly basis.
It brings together the most influential real estate
professionals to explore major international property development projects, connect with potential partners, and strike deals over 4 intensive days. Bahrain Bay Project Question 3 (cont.)
Bahrain Bay had to promote their project, in a setting
that gathers would-be investors, real estate professionals, who are their ultimate potential customers.
It was the best way to reach out to their targets,
informing them of the upcoming project, and driving their interest to invest. Bahrain Bay Project Question 4 (Bahrain’s location)
Bahrain’s location as an island on the Persian gulf, close
to South East Asia, to GCC , and to the Middle East is an added value, attracting overseas investors. The demographic changes within Bahrain its proximity to the rapidly growing Eastern province of Saudi Arabia Bahrain Bay Project Question 5 (Closest Competitors)
Bahrain faces fierce competition in the real
estate mostly from Dubai who has in no time become the capital of luxury for attracting foreign investment , as well as a great deal of customers , not only because of the elegant skyscrapers and exquisite resorts but also for other factors: Bahrain Bay Project Question 5 (cont.) Innovation-oriented Customer-oriented Expenditure on research Planning All these factors and more are likely to be exploited by Bahrain for outperformance Bahrain Bay Project Question 6 (football sponsorship)
The football sponsorship deal is traditionally
expressed as a PR campaign; Public Relations. It is considered as a communication tool not directly paid for, as opposed to advertising. As part of the big picture, PR falls under Promotion of the Marketing Mix 4Ps. Thank You 5/12/2010