Digital Transformation and Strategic Adaptation in the Sub-Saharan African Real Estate Market: A Case Study in Ghana

Abstract

This article explores how marketing strategies are changing in the Sub-Saharan African real estate market. We focus on a case study of Heritage Properties Ghana. Emerging economies face fast urban growth and severe housing shortages. This makes the real estate sector key to national economic stability. Local companies face massive hurdles daily. These include high inflation, sudden currency drops, complex land laws, and rising building costs. This study reviews the current marketing plans of Heritage Properties. We apply standard models like STP (Segmentation, Targeting, Positioning) and the 4Ps marketing mix. We also use strategic tools like PEST, Porter’s Five Forces, and SWOT. Our research blends quantitative survey data with qualitative interviews. We identify key growth areas and reveal a strong need for full digital transformation. The findings suggest adopting Customer Relationship Management (CRM) systems, Virtual Reality (VR) for diaspora buyers, and flexible pricing models. These steps will significantly boost competitive advantage. They offer a practical, tested growth model for other West African real estate firms facing similar economic realities.

https://doi.org/10.70693/itphss.v3i3.535
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