The days of highly successful HVAC retail contractors that solely concentrate their businesses on installing and/or replacing equipment are doomed! No, I’m not predicting they will all be out of business, but I am predicting many will be and the others will certainly not be as successful as they have been.
Simply replacing older 10 and 12 SEER equipment with new 16 and higher SEER equipment is doing an injustice to the customer. As I have said for many years equipment is only a component of an HVAC system. It is not the system. Today’s customers are much better informed than ever before. They not only deserve more, they expect more. As an example, the days of replacing equipment while the ductwork continues to leak air is over.
The Internet has changed everything. Websites worldwide are approaching 300 million in number. There are over 3 billion assigned email addresses. Consumers now spend time searching and learning. How do we know this? All we have to do is listen to them and interact with them and it won’t take long to realize how knowledgeable they now are compared to only a few years ago. We also know that 92% of consumers’ purchase decisions are made after they have searched the Internet. They not only learn from the Internet. They also learn from talking to HVAC retail contractors that have recognized where the industry is headed and have changed their companies.
Those leading edge HVAC retail contractors seal and when appropriate replace ductwork. That alone has become big business and good business. Improperly sized, improperly installed and improperly sealed ductwork is everywhere. They are offering and installing geothermal systems, they have recognized the opportunity presented by offering and installing solar and they install home insulation. In addition and this is big, complete weatherization is a perfect fit for HVAC contractors. Energy efficiency and green is a way of life with these companies.
I am really excited about where our industry is headed and encourage you to study and learn more about these opportunities and decide where you will direct your company. It will be an investment in time, energy and capitol, but it will not only serve your company’s survival in the new world of HVAC retail contracting but it will place you up front in the parade of highly successful contractors. For many contractors it will mean new relationships with providers, upgraded websites and better methods of reaching your present customers as well as adding new customers.
How long has it been since you have taken the time to sit back, consider and plan where your company is going? Now is the time to do exactly that.
I am now in a position where I can add a few consulting/coaching clients either by making on-sites visits or by telephone. If you have an interest just give me a phone call at 615-791-8474 or send a message to ronlsmith2@bellsouth.net.
Additional information:
1) Check out our website, www.ronsmithhvac.com and take a look at our Affiliates Page. We occasionally add a new Affiliate and have just done so with Earthsponse, www.earthsponse.com. They have a complete program that can certainly help should you have an interest in solar.
2) If your company is not sending out blogs (which is an excellent method of staying in touch with your customers) it’s probably because you feel you do not have the time. Check out Social Tract, another Affiliate, www.socialtract.com.
3) Outdoor University, training in a unique setting, has its next training program set for April 11. Pull them up on our Affiliate Page, www.topratetraining.com, 706-888-0815.