Economic forecasters have earned a bad rap when it comes to predicting recessions in the market. Then again, if it were easy to predict the future, everyone would do it.
As folks across the U.S. start cranking up their air conditioning to beat the summer heat, HVAC contractors are gearing up for what meteorologists predict will be a hotter-than-normal summer.
Thanks to the prevalent use of online search engines like Google, consumers everywhere are becoming more educated on the products they buy, and HVAC systems are no exception.
Selling home automation products is not something that can be added to a business model without time, effort, or planning. Contractors must understand how to introduce home automation, who the target audience is for the wide array of products and services that fall under its umbrella (hint: it’s just about everyone), and perhaps most importantly, have a firm grasp of home automation themselves.
With the growing interest in smart home products, if HVAC contractors want to cash in on new opportunities, they’ll have to compete with security contractors, cable providers, utilities, and even big box stores. However, many industry experts say this market presents countless opportunities for HVAC contractors, who are better positioned than most simply because they are already in the home and have the consumers’ trust.