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RMR Programs

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

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

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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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