Homepros

If you do business in the Home Services space, you need to follow Homepros Alec Stevanovski has modernized journalism in this space and consistently provides some of the more relevant and appropriate industry news. Well done, Alec! Subscribe here: https://lnkd.in/enwaVapZ

📆 Next Wednesday, October 9, at 4pm ET, we're hosting a webinar with Hatch, including special guest Jon Ryan. "The strategies that drive growth and bring in new leads are usually the toughest to sustain as your business scales. And home service businesses often get stuck... Hatch calls this the Expansion Trap." In the webinar, we'll cover: • How to tell if you’re in the Expansion Trap • Escape methods - what works and what doesn’t • Applications to marketing, sales, hiring, and more. Register for free: https://lnkd.in/dmdNGKSi

Daikin Comfort is merging ABCO, Universal, and Robinson Supply into "Daikin Northeast." "The formation of a unified team of regional distributors represents a pivotal step in Daikin’s mission to further strengthen its HVAC/R product and solutions leadership in the Northeast. It also reflects Daikin’s commitment to become the number one product and solutions provider in North America."

Two months ago, HARDI published its “State of the Channel” report, including industry trends, supply chain outlooks, and more, and we caught up with Tim Fisher, Director of Market Intelligence, to cover the highlights. Q: The report noted that 66% of equipment sales in 2023 were through independent distributors. Will that mix change as e-commerce and other online channels grow? A: "In our Voice of the Contractor survey, we asked contractors where they buy products and what’s changed in the last few years, and we haven’t seen an overwhelming increase in the amount of those reporting purchasing from online marketplaces.” Full conversation: https://lnkd.in/eq2bY33V

At its Pantheon event today in Orlando, ServiceTitan announced the launch of two new Pro Products: Contact Center Pro and SalesPro. 1. "Contact Center Pro is an always-on, AI-driven contact center for the trades that simplifies multiple communications channels to increase revenue, lower costs, and improve customer service," the company said. 2. "Powered by Siro, SalesPro helps technicians gain confidence by analyzing their interactions through AI and suggestions, utilizing expert training content."

The EPA last week published its long-awaited final refrigerant management rule, including three “victories” for contractors, Air Conditioning Contractors of America (ACCA) notes. What’s happening: The rule excluded a previous mandate to use reclaimed HFCs for initial equipment charges starting January 1, 2028.  “ACCA argued that this would place undue burdens on contractors due to potential limitations in reclaimed refrigerant availability… The EPA listened, and the final rule does not require reclaimed HFCs for initial charges.” Next up: The EPA proposed that starting January 1, 2025, all disposable cylinders be returned to “certified reclaimers” for processing. Yes, but: “Under the final rule, certified technicians can now evacuate disposable cylinders themselves, and then dispose of the cylinders to a final processor (such as a landfill operator or scrap metal recycler) without needing to return them to certified reclaimers.” Full story: https://lnkd.in/eR8qXEYT

Google is shaking up Local Services Ads (LSAs), merging review links and bookings with Business Profiles.  On review links: The change, technically effective July 8, was caught by agency owner Ben Fisher, who shared a screenshot of Google’s notice. - “To collect reviews going forward please use your Google Business profile link which you[’ll] find in the verification page,” it says. On bookings: In a recent email, Google told some businesses that LSA and Business Profile bookings will be unified to create a more “seamless experience.” - “All bookings, whether from GBP or LSA, will now be handled through the same booking partner that is linked in the GBP profile,” it explains. Full story: https://lnkd.in/dBubsiPK

Breaking: Morgan Stanley is exploring a sale of Sila Services that could value the company at “about” $1.5 billion, Reuters reported. Why it matters: The potential sales price implies a roughly 15x multiple of its near-$100 million EBITDA, according to sources. Story: https://lnkd.in/exwPd3Hu

Morgan Stanley is exploring a sale of Sila Services that could value the company at about $1.5 billion, Reuters reported. Why it matters: The sale price would imply a roughly 15x multiple of its near-$100 million EBITDA, according to sources.

We talked to Ashla Taylor at Innovative Air Solutions about PR. What’s happening: IAS’s PR strategy is simple. They take industry developments and community events, craft stories for local media outlets — TV, radio, and newspapers — and push them out with their brand attached. How it works: Taylor keeps a list of high-level industry developments as “source content” for PR initiatives. “If I were to email a local news station today, there would be two things I would try to raise awareness for: The rising costs of HVAC replacements and the coming refrigerant changes,” she notes. What’s next: Once they pick an idea, Taylor taps a second list of contacts at each outlet and pitches the story. Full story: https://lnkd.in/dWDnwwHV