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Strata-SERIES: RMR – Reducing Truck Rolls by 82%

December 20, 2017 by Ted Leave a Comment

[NOTE: This post is part of a series of articles on recurring monthly revenue programs we call Strata-SERIES: RMR Programs. It will likely make more sense to you if you start by reading our Series Introduction here… and then our Topic Introduction and First Installment here…]

Strata-SERIES: RMR Programs #4In our last installment, we learned how Ben Lentz and the team at Cyber Technology Group launched an RMR program designed to help their clients understand that sophisticated technology systems require regular maintenance – just like their cars, their pools, and their landscaping. By getting clients on their Client Care Program, which includes regular “wellness visits,” Cyber Tech saw their upgrade sales increase during these visits.

Like Cyber Tech, Ron Wanless of Technology Design Associates (locations in Washington and Oregon) had a slightly different motive for pursuing a recurring monthly revenue program. Little did he know that it was a pursuit that would result in fundamental changes in how they service their clients and run their business.

See how Technology Design Assocs. RMR program cut service costs… [Read more…] about Strata-SERIES: RMR – Reducing Truck Rolls by 82%

Filed Under: Industry Trends, Integrators, Management, Pivot Point, Strategy Tagged With: recurring monthly revenues, RMR, RMR Programs

When Income is NOT the Main Goal of RMR

December 14, 2017 by Ted Leave a Comment

Strata-SERIES: RMR Programs - Installment 3NOTE: This post is part of a series of articles on recurring monthly revenue programs we call Strata-SERIES: RMR Programs. It will likely make more sense to you if you start by reading our Series Introduction here… and then our Topic Introduction and First Installment here…

In our last installment, we learned how Chris Smith and the team at Cloud9 Smart have embraced maintenance contracts in order to ensure they have the infrastructure in place to properly maintain and service their installations. In this installment, we visit with Ben Lentz and the team at Cyber Technology Group who had a slightly different motivation for developing an RMR program they call the Client Care Plan for their clients…and income was NOT the main motivating factor.

See what motivated Cyber Technology Group to offer a Client Care Plan… [Read more…] about When Income is NOT the Main Goal of RMR

Filed Under: Industry Trends, Integrators, Strategy, Tech Trends Tagged With: Ben Lentz, Cyber Technology Group, maintenance agreements, RMR Programs, service agreements, Strata-SERIES

Portal Adds Origin Acoustics; Gains Exclusive on Valet Amp

December 12, 2017 by Ted Leave a Comment

Portal logoPortal announced today that it has secured a deal with Origin Acoustics which will allow dealers to select and purchase Origin products through its unique, brand-agnostic, proposal and purchasing web portal for integrators. The deal includes not only Origin products, but iRoom brand models as well. And Portal says it will be offering “exclusive access to the award winning Valet Amplifier system.”

See more on this new line being offered through Portal… [Read more…] about Portal Adds Origin Acoustics; Gains Exclusive on Valet Amp

Filed Under: Brands, Integrators, Manufacturers, Marketing, News, Sales, Strategy Tagged With: Nick Berry, Origin, Origin Acoustics, Portal

Strata-SERIES: RMR Programs – How We Do RMR in the Big City

December 6, 2017 by Ted Leave a Comment

We continue on with our new Strata-SERIES:RMR Programs series of articles. Smack dab in the middle of Manhattan you’ll find Union Square and in Union Square you’ll find Cloud9 Smart, a leading New York City integrator in both commercial and residential installations.

[Note: this article is part of a series and will make more sense if you read Installment 1 first. You can find it at this link…]

See How They Do RMR in the Big Apple… [Read more…] about Strata-SERIES: RMR Programs – How We Do RMR in the Big City

Filed Under: Industry Trends, Integrators, Management, Pivot Point, Strategy Tagged With: Chris Smith, Cloud9 Smart, RMR

Strata-SERIES: RMR Programs – Just What Kind of Business are You In?

December 6, 2017 by Ted Leave a Comment

Topic Introduction – RMR Programs Can Change the Game

First installment of RMR seriesWhen given the assignment to check up on the state of recurring monthly revenue (RMR) programs, it seemed like a pretty straightforward task. After all, everybody embraces RMR…right? We began by randomly reaching out to custom integrators around the country – including a few large, high revenue businesses. The simple request…tell us about your RMR program.

[This is the first post in a series of articles we call Strata-SERIES: RMR Programs. Read about why we created this series here…]

First problem? Nobody wanted to talk to us! Read on to see why… [Read more…] about Strata-SERIES: RMR Programs – Just What Kind of Business are You In?

Filed Under: Industry Trends, Integrators, Pivot Point, Strategy Tagged With: RMR

Strata-SERIES: RMR Programs – Not Just Revenue, A Redefined Client Relationship

December 6, 2017 by Ted Leave a Comment

Introducing A New Article Series on RMR Programs

Cover of Residential Systems December issueHave you seen the December issue of Residential Systems Magazine? I wrote the cover story, “Maintaining Customer Joy” (online as: “Maintaining Customer Joy Through Service Plans“), a detailed article about the benefits and challenges of implementing a recurring monthly revenue (RMR) program in an integration company. In that story, I interviewed four top integrators who all had successful RMR programs, about the trials and tribulations of establishing that program…and the benefits they derived from it.

In researching RMR programs, I learned that they are much more than a revenue stream – they literally redefine the relationship with the client. I had uncovered more than I expected…so much more…

A new Strata-SERIES on RMR programs – redefining the client relationship… [Read more…] about Strata-SERIES: RMR Programs – Not Just Revenue, A Redefined Client Relationship

Filed Under: Industry Trends, Integrators, Management, Pivot Point, Strategy Tagged With: RMR, strategy

ProSource Adds a Lucky 13 New Members

October 11, 2017 by Ted Leave a Comment

ProSource LogoProSource, one of the larger retail buying groups in the U.S. announced today that it has added 13 new members to their organization. As a multi-tiered group, these new additions were in two different groups – 12 dealers were added as custom integrator members, while one was added as an Associate PRO level member.

See more on this news from ProSource… [Read more…] about ProSource Adds a Lucky 13 New Members

Filed Under: Buying Groups, Integrators, Retailers Tagged With: Electronics Express, ProSource

Josh.ai Launches New Hardware Solution – Josh Micro

August 31, 2017 by Ted Leave a Comment

Photo of Josh MicroJosh.ai, the high-end voice control solution that created quite a buzz at last year’s CEDIA show, announced today that it is launching its first hardware product, Josh Micro. Josh Micro includes a home control processor, far-field microphone array, and a superior user interface in a small package that “fits in the palm of your hand.” It also disconnects Josh.ai from the need to talk into your smartphone…or to a nearby Amazon Echo.

See more on Josh Micro… [Read more…] about Josh.ai Launches New Hardware Solution – Josh Micro

Filed Under: Brands, Integrators, News, Products, Tech Trends Tagged With: home automation, Josh Micro, Josh.ai, voice control

CEDIA Integrators Raise Funds for Houston Colleagues Hit by Harvey

August 30, 2017 by Ted Leave a Comment

You caring logoA group of integrators, including Premier Group in Carmel, Indiana and Integration Controls in St. Louis, MO have come together to launch a fund-raising effort on YouCaring.com to benefit CEDIA integrators impacted by Harvey, the storm that has battered Houston and surrounding area over the last few days. Noting the “the flooding in Houston is nothing short of catastrophic,” the group are hoping to raise at least $20,000 to help affected integrators rebuild their businesses.

See more on this grassroots effort of integrators helping integrators… [Read more…] about CEDIA Integrators Raise Funds for Houston Colleagues Hit by Harvey

Filed Under: Associations, Charity, Integrators Tagged With: charity, integrators, You Caring, YouCaring.com

Allnet Distributing Moves into Minnesota

August 10, 2017 by Ted Leave a Comment

Allnet logoChicago, IL-based Allnet Distributing announced recently that it is opening an all-new location in Minneapolis, MN in September. It is the fourth warehouse location, as the custom integration-focused distributor continues to expand its reach throughout the Midwest geographic region.

See more on this latest expansion by Allnet Distributing… [Read more…] about Allnet Distributing Moves into Minnesota

Filed Under: Brands, Distributors, Integrators, News Tagged With: Allnet Distributing, AVAD, Wally Whinna

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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