Loose Screws header

 

RRP Classes Offered by Chapter

February 2, 2010 and March 8, 2010

  

The University of Cincinnati will instruct Ohio Valley NARI's two
Repair, Renovate and Painting (RRP) classes to be held on the
U.C. campus. EPA's Renovation, Repair and Paiting Final Rule (40
CFR 745) requires that renovations conducted for compensation,
must be performed by Certified Firms using Certified Renovators.
Renovation firms that wish to work in pre-1978 homes and childoccupied facilities must apply to the EPA and pay a fee in order to become certified. Renovators seeking to become Certified
Renovators must successfully complete an EPA-accredited
renovator course or a course accredited by an EPA authorized
State or Tribe. This course is the EPA model course for Certified
Renovators and as such meets all requirements in 40 CFR 745.90.
This class will be conducted on the University of Cincinnati campus
at 2180 East Galbraith Road, Building A, 3rd Floor. The cost for
this program is $179 per person for members and $229 per person
for non-member companies. Note that additional classes will be
scheduled as needed. Register at www.naricincinnati.org or call
(800) 498-NARi and RSVP today!

 

 

Sandler Seminar Offered to Members 

Ohio Valley NARI along with Roth & Associates will be presenting a
Sandler Seminar Sales Training program on February 10, 2010
from 8:00 AM until 4:00 PM. The Seminar will be held at 4357
Ferguson Drive, Suite 190 in Cincinnati and lunch will be
included. The highlights include: Why salespeople fail and what to
do about it, How traditional sales practices turn salespeople into
unpaid consultants, How to get to the real decision maker, How to
touch 100% of your desirable opportunities 100% of the time, Why
everyone looks busy, but sales remain low, Do your salespeople
have what it takes to succeed in today's volatile economy and
marketplace, and Is your sales management strategy and structure
optimized to produce the results YOU need to succeed? The cost
is $250 per person with limited seating offered - so reserve your
seat today! For more information or to register, visit
www.naricincinnati.org or call (800) 498-NARI.
 

 

Building Value Open House 

Building Value hosted an Open House for Ohio Valley NARI members Thursday January 14 and the room was packed. We all had the opportunity to network with our colleagues, enjoy a hors d'oeuvres buffet and learn the history of deconstruction and recycling. Jordan Wayne from the Act Recycling Division of Wayne Contractors was on hand to educate us on concrete and brick recycling as well as the many diversified applications of the end product. Thank you to Scott Beard and his team at Building Value for hosting this informative event. Remember Building Value has relocated their location to 4040 Spring Grove Avenue, be sure to stop out and visit their new showroom!

 

 

Lowe's Offers Business 'Reward' Card  

American Express and Lowe's Companies have teamed up to offer small-business owners a new "Rewards" credit card that accumulates redeemable points.

   The Lowe's Business Rewards Card from American Express is a new business credit card that enables business owners to earn points on virtually all card purchases. This is the first rewards program offered to Lowe's small-business credit customers.

   "Every month, we provide billions of dollars in working capital to small business owners who use our pay-in-full charge cards and our credit cards," said Richard Flynn, senior vice president, product management, American Express OPEN. "Through the Lowe's Business Rewards Card program, we will help business owners manage their spending and provide credit that they can use to run and grow their companies while earning rewards they can reinvest in their businesses."

   The new card provides a tiered structure for earning rewards points.

   Card members earn: 

  • One reward point for every eligible dollar spent on the Card;
  • Double rewards points on every eligible dollar spent at Lowe's; and
  • Triple rewards points on every eligible dollar spent on restaurant purchases, office supplies and wireless bills.

   Cardmembers may redeem points for a variety of valuable business credit card rewards, including Lowe's or American Express Gift Cards. There is no cap on the amount of business rewards a Card member can earn, and there is no expiration date to redeem the points.

   "The Lowe's Business Rewards Card is the latest way our company is adding value for our commercial customers through a unique blend of benefits and rewards," said Larry D. Stone, president and chief operating officer of Lowe's. "Lowe's has always been committed to providing the best customer experience and this new product offers convenience and rewards at a time when business owners need it most."

   Additional features of the card include:

  • No annual fee
  • Automatic enrollment in OPEN Savings, a program that gives small-business owners automatic savings virtually every time they use an American Express Business Card to make purchases at any OPEN Savings partner
  • Retail and business-related benefits and protections as well as travel protections.

   The Lowe's Business Rewards Card will be available at all Lowe's retail locations by March 2010. To learn more and/or apply, visit: open.com/lowes or call 877-673-6947.

 

Family Event Brings Customers to Showroom 

 

 By Morgan Zenner

 

 

Having a showroom is a great sales tool for the products you sell and your company. The downside, however, is the costs associated with building and maintaining a showroom are high. Remodeling companies that open large showrooms are constantly looking for more ways to get people in the door and, hopefully, increase business.

 

Alure Home Improvements has a 3-floor showroom spanning 8,000 square feet located in East Meadow, N.Y. The showroom is filled with full-sized kitchen, bath, roofing, siding, window and basement displays. The showroom also has a design area with a mixture of cabinet, countertops and fixture samples in all different colors, materials and styles.

 

To increase the traffic flow of customers, Alure hosted a planning and design show in their huge space. "We've always hosted an event at the showroom during the wintertime because it's a slower time of the year," says Seth Selesnow, director of marketing at Alure.

 

Previously, the idea was to set up a carnival for families on the weekend of Martin Luther King Jr. Day, when kids have a day off of school. "We did the carnival at the showroom for a little over 10 years, which consisted of us covering up the displays to protect them from the carnival fare," Selesnow says.

 

The new event combined the family fun theme with accessibility to the displays in an event named the Design & Planning Show. "We shifted to a design show, which used the displays as a place to hold educational seminars while having an area dedicated to the kids, with carnival games and a magician," he says.

 

The new concept provided the best of both worlds and, the hope is, an interested client base, ready to start work on their homes this spring.

 

The seminars lasted anywhere from 15 to 40 minutes and were ongoing throughout the day at the top of each hour. "The show had a nice flow-guests came in and either traveled from seminar to seminar or waited for the beginning of a particular seminar to start again," Selesnow says.

 

Each seminar was hosted by one of Alure's designers, and topics ranged from kitchen, cabinets, home performance and insulation. Green Street LI, a grassroots environmental movement for Long Islanders and a partner of Alure, had its own seminar that focused on environmental topics.

 

"The goal of the event was to provide the overall customer experience that Alure is known for," Selesnow says. "We wanted to educate the customer on different types of home improvements and educate them on all we do and the quality we provide, start to finish."

 

The event also was Alure's way of giving back to the community by providing something fun for families to do when it's cold outside.

 

Selesnow advertised the event on the company's Web site and via e-mail to the company's database. He also bought paid advertisements in the local newspaper and on the radio.

 

The three-day event brought in 500 new and past clients to the showroom. The event was held Saturday, Sunday and Monday, with most of the families with children attending on Monday when they were off of school.

 

Selesnow estimates half of the total attendees brought their children, and that is consistent with their client demographic, which depends heavily on job type. "From experience, I know that clients who want basement remodels have kids, but clients with bathroom remodels usually don't have kids," Selesnow says.

 

The event appealed to both of Alure's target demographics because of the educational aspect. Each client filled out an information card as they walked into the event, which automatically entered them into a raffle drawing to win one of two 50-inch plasma TVs. The winner was announced on the Alure Web site one day after the show.

 

The cards enabled Selesnow to add attendees to their client database and follow up with those clients that needed more information.

 

"We also passed around special promotional coupons to all attendees to entice them to remodel this spring," he says.

 

It's hard to tell just how much business is gained from the event because they have been hosting it for the past 11 years, and it's become a tradition in the Long Island area. But Selesnow has no plans to discontinue the show next year. It's already time to start thinking about next year's show: "We book catering and entertainment almost eight months in advance."

 

The Homeowner 

 

By Mark Richardson

  Chris Edelen, a friend and recent finalist of the 2009 Fred Case Entrepreneur of the Year Award, once said to me, "If a business is not changing, it will become irrelevant." Wow, who wants to become irrelevant? It's worse than being regarded as average or being judged as producing poor-quality work or receiving a low customer satisfaction ranking. Being irrelevant means your business isn't responsive to the marketplace. It's not at the bottom of the list; it's not even on the list.
 
I agree with Chris that the best prescription to this outcome is to change. But change has many facets, and it rarely helps to change everything at once. So where is the best place to start?

Begin with Clients
  In the remodeling business, I think change should begin with your clients. How have they changed and where are they heading? Just a few years ago your clients were confident about what they wanted; their attitude was, "Just do it." More recently, however, homeowners have become very nervous and are influenced less by the facts than by their emotional response to the stories they see in the media. This nervousness has caused them to stay in holding patterns, unable to decide to go forward. In some cases, it has paralyzed them so that they don't even pick up the phone to call to discuss a remodeling project.
  As is the case with a plane, which can only stay in a holding pattern for so long, indecisive homeowners eventually have to make a decision one way or the other.
 
And a number of factors lead me to think that time is coming. For one thing, I believe Americans are impatient and have short memories. I think they still look to their homes as their greatest asset, regardless of any recent slippage in value or rate of appreciation. I frequently speak to groups of businesspeople, and most of them are still not ready to put their money back into the stock market, but they are willing to invest in their homes. And even though unemployment is high, nine out of 10 Americans are still employed, and Americans are saving at a much greater rate than in the go-go times of five years ago.

New Attitude

  The word that keeps resonating for me around these factors and behavior is "resolve." Americans are adopting an attitude of resolve toward the new economic order. They accept it that we may be in these economic conditions for a couple of years, and they are beginning to once again think seriously about the need to tackle remodeling projects, even if those projects may look a little different than they did five years ago. Homeowners understand that they need to keep their home "alive," beginning with routine maintenance and repair, but extending also to updating existing spaces and finishes, and eventually to adding new spaces.
  While this "resolve" will not likely open the floodgate of leads, it should fuel some improvement in inquiries. When two-thirds of homes are occupied by people who own them, they will not have a choice but to break from their present "holding pattern" and "land the plane."

  Positioning your business to manage this new attitude of "resolve" requires some adjustment to the way you see things. You need to see yourself as the voice of reason for your clients. Your team needs to feel comfortable being a financial adviser, a cheer leader, and a therapist all at the same time. Your sales process should be tailored to competently manage client fear, using words such as "risk," "easy," and "painless process" to help your clients make the transition from nervous noncommittal to confident resolve.

While the better-run, more honest businesses will do especially well under these conditions, most people resist change, and overcoming it is the biggest challenge. None of us has a crystal ball, but the remodeling market tends to behave logically and sensibly. If you stay the course and pace yourself, you will find that you will be able to turn things around. 

 

NARI Logo

 

January 27, 2010

 

QUICK LINKS

 

Construction Workers

 

Ohio Valley NARI

800.498.NARI (6274) | Fax: 937.222.5794 | info@naricincinnati.org