Page 11 - The Argyll Standard - October 2019
P. 11

SALES & ACCOUNT MANAGEMENT

               WE HAVE HAD AN EXTREMELY BUSY START TO Q4

               Lead flow has been strong, particularly through the website channel (over 130 leads received
             for October so far.)
               We are currently slightly down on   For the City, we have seen many deals
             viewings versus September as historically   falling into Orega Gracechurch Street due
             September is one of the busiest months as   to modern fit out. BE Cheapside have many
             clients return from their summer breaks.   facilities such as a gym and a bar. They offer
             23 and 24 Berkeley Square have been our   up to 3 months rent free and can offer no
             most viewed buildings of Q4 so far due   deposit.
             to the range of prices available, meaning
             we have been able to accommodate more   MEMBERSHIPS AND VO
             requirements.  The  team  are  continuing to   We have had an excellent start to Q4 in
             push direct business and have submitted   Portfolio and  Virtual sales having closed
             over 10 direct deals in Q4 so far, with five of   £67,210 of new business so far.  We have
             these originally coming directly through the   closed six Portfolio  Membership  deals  for
             website. We are currently looking at the way   Q4 so far and all have been on minimum
             we deal with all of our inbound enquiries with   12 month contract.  The largest deal had a
             the objective of improving our enquiry to deal   net booked revenue of £8,400 and these
             conversion rates.              larger deals are now coming through far
               In the West End, we have noted Beaumont   more frequently, pulling up our average
             Berkeley Street who have 5000sqft come   deal rate for Q4 to £535 PCM.  The most
             back on their availability. We are seeing this   popular portfolio Membership Tier has been
             come  up  on  schedules  due  to  flexibility  of   ‘Unlimited’ as the team have been pushing to
             the floorplate, price and the breakout space   ensure we get as many Portfolio Members as
             being attractive.              possible on the top tier.
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