“Market share” is the percentage or portion of the market controlled by a company or its products/services. If you’re the largest distributor of construction widgets in Maricopa County, AZ, you have the majority market share. You should use construction data analytics to keep an eye on other companies. (They may try to cut into your […]
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The small home appliance market forecast¹ for 2020-2026 was released in February. The small home appliance market includes: Food Preparation Appliances Heating Appliances Irons Personal Care Appliances Small Kitchen Appliances Vacuum Cleaners The large home appliance market² includes: Air Conditioners Kitchen Appliances Refrigerators Television Washing Machines Others If you sell appliances – small or large
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Single-family starter-home buyers are intimidated by price tags even though financing options and rates are at lows that haven’t been seen in a very long time. Is there a solution to the high costs of new home investment? Yes. You can learn more about new homes being built using construction data. Starter Homes May Be
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Basic building permit reports are public information. Anyone can access them. It takes time – a great deal of time – to fine-tune the construction data your organization needs and can use. By the time you have sorted trends, projections, new housing starts, renovation requests, historical data… You may be too tired to structure a
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It’s difficult to think of any industry that isn’t impacted by housing starts and residential or commercial development. Business magazine Entrepreneur¹ says any organization that depends on a physical location needs to evaluate customer availability, accessibility, and proximity to other businesses/services. Building permit reports provide that information. Location, Location, Location Even internet-based companies target their audiences
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Data – information – is available to everyone. Even if you feel confident you know your business, its goals, and your industry, it’s difficult to know which information sources can deliver usable facts and figures. Construction data, including building permits information, is pertinent to our companies as well as our industry. But there’s another source of
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Subcontractors bidding for work on construction projects face a number of challenges to submit a winning proposal. Effective bidding requires confirming the client’s requirements and budget while also ensuring your costs and profit margin are fully covered. Overbidding risks losing the job to a low-balling competitor. Conversely, a bid that is below your actual expected
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Few can predict the future, but economists try. U.S. economists watch building permit application trends very carefully. They review monthly statistics. Based on the number and types of building permits applied for by homeowners, land developers, and businesses, economists can reveal “economic indicators.” Let’s say you’re considering expanding your flooring business. There has been a marked
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If you haven’t read any horror stories lately, check out “The Successful Bid That Put the Contractor Out of Business.” You may need the cash flow and feel an obligation to keep good employees working, but if you don’t find the right construction projects to bid – and bid them the right way – you
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Construction data can help make your website more relevant and informational to your most likely prospective clients. Research shows interested customers don’t linger long on sites where products and services are not specific to the customer’s needs or locale. Effectively prioritizing the information on a website helps generate maximum exposure and amplify sales potential. Utilizing
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