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RMR – Want Recurring Monthly Revenue But Don’t Know Where to Begin?

January 29, 2020 by Ted Leave a Comment

Strata-SERIES RMR Programs

By now, most integrators have heard the siren call that they should launch a recurring monthly revenue program (RMR) to add profits and deepen their relationships with their clients. But to many of them, this is an idea that is easy to say…but hard to do. Quite literally, it can be hard to figure out just where to begin.

There are resources within the industry that can step up and help your integration company offer an RMR or service contract program to your clients. Some of them can even offer to take and handle your service calls on a 24×7 basis. However, those services can be fairly expensive. But one service I’ve learned about, MC Group, tells me that they have assisted hundreds of integrators with an affordable program they call “Turnkey RMR.”

Learn about RMR and MC Group…

[Read more…] about RMR – Want Recurring Monthly Revenue But Don’t Know Where to Begin?

Filed Under: Industry Trends, Integrators, Management, Strategy Tagged With: Frank Marketing Associates, Martin Roseman, MC Group, recurring monthly revenues, Richard Frank, RMR, RMR Programs

Huge Jump in End-of-2019 Housing Starts Startles Economists

January 23, 2020 by Ted Leave a Comment

Photo of a home being built

Like at the end of the Christmas movie, Miracle on 34th Street, it appears that Santa brought new homes for all the good little girls and boys at the end of last year. New government data on residential housing construction starts for December 2019 startled economists, jumping an unexpected 16.9% for the highest rate of construction in 13-years.

See more on this unexpected jump in housing starts…

[Read more…] about Huge Jump in End-of-2019 Housing Starts Startles Economists

Filed Under: Economic Trends, News Tagged With: housing starts, residential housing

MSE Audio to Launch SoundTube’s STNet Soundbar at ISE 2020

January 23, 2020 by Ted Leave a Comment

MSE Audio logo

MSE Audio will launch the SoundTube STNet Soundbar at ISE 2020 in Amsterdam next month, running from February 11-14. This innovative soundbar solution is enabled for IP-based PoE for really convenient hookup.

Learn more about the MSE Audio, Dante-enabled soundbar…

[Read more…] about MSE Audio to Launch SoundTube’s STNet Soundbar at ISE 2020

Filed Under: Manufacturers, Marketing, Products, Shows & Events, Tech Trends Tagged With: soundbar, SoundTube, STNet

Savant Sister Company Racepoint Energy Acquires NOON Home

January 22, 2020 by Ted Leave a Comment

Savant logo

Racepoint Energy, sister company of Savant Systems LLC, announced this week that it has acquired innovative residential lighting control provider NOON Home. Based in Campbell, CA, NOON offers an impressive array of intuitive lighting and intelligent control solutions.

Learn more about NOON & Savant…

[Read more…] about Savant Sister Company Racepoint Energy Acquires NOON Home

Filed Under: Financial, Manufacturers, News, Strategy, Tech Trends Tagged With: lighting, lighting control, NOON, NOON Home, Racepoint Energy, Savant, Savant Systems, smart home

Once Again, Melrose Considers Disposing of Nortek; This Time It’s Serious

January 22, 2020 by Ted Leave a Comment

Melrose logo

Melrose Industries plc, the British turnaround specialist who acquires underperforming companies to improve their operations and management for resale, is now actively considering selling off the bulk of Nortek in a deal that could be worth $3 billion, according to reports from Bloomberg News and the Financial Times. If they actually execute this sale, it will be a relatively early exit from their ownership of Nortek which they purchased in 2016 for $2.8 billion.

See why Melrose is ready to exit Nortek…

[Read more…] about Once Again, Melrose Considers Disposing of Nortek; This Time It’s Serious

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, divestiture, Johnson Controls, Melrose Industries, Melrose PLC, Nortek, Nortek Inc., Nortek Security & Control, United Technologies Corp.

In Sonos’ Claim That It’s a Victim, Some Skeptics See a Rich Irony

January 16, 2020 by Ted 3 Comments

Sonos logo

This Friday, Sonos CEO Patrick Spence will testify before a Congressional committee (the House antitrust subcommittee) that is investigating the issue of competition in digital markets. Or, I should say, they are investigating whether the tech giants – Google, Amazon, Apple, Facebook, etc. – are engaging in anti-competitive activities in violation of the law. The Sonos CEO is likely to complain that Google is in fact anti-competitive. Spence’s appearance takes place literally just days after it has filed a major patent infringement lawsuit against Google – alleging that the tech giant stole its proprietary technology…making them a victim.

But some see this claim of Google victimizing Sonos as a bit of rich irony…

[Read more…] about In Sonos’ Claim That It’s a Victim, Some Skeptics See a Rich Irony

Filed Under: Law, Manufacturers, Pivot Point, Strategy, Tech Trends Tagged With: Amazon, Amazon Echo, Google Assistant

Atlantic Integrated Appoints New York Sales Manager

January 16, 2020 by Ted Leave a Comment

New York Metro manufacturer sales representative firm Atlantic Integrated has announced the appointment of Anthony Polzella as its New York Sales Manager.

See more on this appointment…

[Read more…] about Atlantic Integrated Appoints New York Sales Manager

Filed Under: People, Sales Reps Tagged With: Atlantic Integrated

Bose to Shutter 119 Bose Stores in N. America, Europe, Japan & Australia

January 15, 2020 by Ted 1 Comment

Bose mall store
A Bose mall location [Photo: Julia Banks, Boston Business Journal]

Bose Corp. announced earlier today that it will close a total of 119 Bose retail stores as a response to changing retail purchasing trends. The locations to be closed represents their entire retail footprint in North America, Europe, Japan, and Australia.

See more on this dramatic announcement from Bose…

[Read more…] about Bose to Shutter 119 Bose Stores in N. America, Europe, Japan & Australia

Filed Under: Industry Trends, Management, Manufacturers, Marketing, News, People, Sales, Strategy Tagged With: store closings

Forbes Notes Enthusiastic CES 2020 Crowd Amazed by a ‘Smart’ Potato

January 15, 2020 by Ted 1 Comment

Is This the Next Big Thing?

neuraspud 'smart' potato
NeuraSpud, Booth #53367 Eureka Park, CES 2020 [Photo: Forbes, Pete Pachal]

Who says the mainstream media has abandoned CES? No less than the venerable Forbes.com ran a feature story that noted an enthusiastic crowd gathered around a booth offering a dynamic presentation on an amazing new technology…a ‘smart’ potato. No, this is NOT a spoof by The Onion – it is real. Yes, the booth and young man promoting the smart potato was a stunt…but the article from Forbes about it is real.

Why Forbes featured a ‘smart potato’…

[Read more…] about Forbes Notes Enthusiastic CES 2020 Crowd Amazed by a ‘Smart’ Potato

Filed Under: Associations, Industry Trends, Products, Shows & Events, Tech Trends Tagged With: CES 2020, Consumer Technology Association, CTA, Forbes, NeuraSpud, Nicholas Baldeck, smart devices

Select Stories From CES 2020

January 10, 2020 by Ted 4 Comments

CES 2020 Rick Harrison of Pawn Stars
Rick Harrison of Pawn Stars, Brought to you by AudioControl

CES 2020, the big show, is about over (ending the day this was posted) and as usual there are a slew of announcements. It can be a little overwhelming with so much happening in Las Vegas, but there are some stories that flat out are just more important or interesting than others.

See my list of more interesting stories from CES…

[Read more…] about Select Stories From CES 2020

Filed Under: Associations, News, Products, Shows & Events Tagged With: AudioControl, Ballie, CES, CES 2020, Hyundai, IMAX, QLED, Samsung, Sony, Uber, Vision-S

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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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