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Glenn Renner, President & CEOThe firm’s digitized platform assists companies to overcome insufficient sales force coverage, information gaps in the supply chain, inadequate data analytics and manual rebate processing through a portfolio of solutions. From a builder’s standpoint, the digital platform opens up a direct relationship with national product manufacturers, enabling them to access rebate incentives, negotiate local pricing, and learn about high quality and trendy products without requiring the manpower to search for the best deals. As a result, local builders stay ahead of the competition by offering the latest products with the best prices.
For product manufacturing brands, the company’s large database of local market data and information identifies new customers and trade areas for marketing their products. “Our solution actively stores and utilizes brand and product usage information across the construction industry, delivering valuable information to product manufacturers on our platform,” adds Renner. Besides its niche in offering web-based digital solution platforms to manufacturers and builders, the firm also offers a distributor solution that increases sales. The platform offers a forum for distributors to promote wholesale pricing to HomeSphere builders and to add an additional rebate incentive on the back end. In addition, HomeSphere’s experienced team of sales managers work alongside the manufacturers local reps tobuild even stronger connections between builders and contractors and product brands and distributors.
We host a digital community of 55 building product manufacturers representing 80 brands, and nearly 1,900 local and regional home builders
HomeSphere’s unique methodologies and techniques have helped many organizations clear major business roadblocks. A winning example is Lennox Industries, a 125-year-old HVAC company with 60 products and more than 6,000 full-service dealers. During the housing bust, Lennox recognized a noteworthy shift in its customer base as large national builders closed their operations, leaving only smaller local and regional builders in the market. With a sales team previously dedicated to large national builders, they needed better ways to get connected to the small builders as a core customer. Lennox turned to HomeSphere because of its deep relationships with the builder community and its digital tools, which allowed Lennox to extend its sales and marketing efforts and gain a larger percentage of the local builder market share.
Over the past years, HomeSphere has successfully served the construction landscape and continues to innovate, developing improved solutions that will allow customers to access product usage data more easily and increase efficiencies and sales. Forging ahead, HomeSphere is planning to launch a new mobile user interface which will allow its customers to input and track product information, home closings and product rebates directly from the job site, helping the builder manage its supply chain more easily, and giving product manufacturers up-to-the-minute information about product usage.
Homesphere launches AI-driven app
Wednesday, February 28, 2024
Homesphere has launched a new mobile app that the company says is designed to bring transparency and efficiency to home product management.
MyHomesphere benefits players along the home building and buying supply chain, with distinct value to builders, manufacturers, and homeowners, according to the digital platform.
Using My HomeSphere, builders can take pictures with their smartphones to capture essential information about products being installed in new homes. The data syncs seamlessly with HomeSphere’s platform where their proprietary AI automatically logs model and serial numbers, registers and tracks warranties in a single platform, and creates a comprehensive digital record of the home — with little effort from the builder or homeowner.
The data encompasses appliances, HVAC systems, windows, doors, smart technology and more.
“HomeSphere is the only company positioned to change data collection for the industry,” said HomeSphere CEO Greg Schwarzer. “We store the largest volume of U.S. home product information through our strong relationships with thousands of homebuilders and building product manufacturers, and we know what’s broken in the supply chain. My HomeSphere is the technology to fix it.”
Key Features of My HomeSphere:
● Creates a first-of-its-kind digital record of a home's products
● Enhances transparency within home product management
● Breaks down longstanding supply-chain silos in residential construction
With My HomeSphere:
● Builders get a precise inventory of products installed in completed homes, simplifying after-sales issue resolution and increasing customer satisfaction.
● Homeowners gain “at their fingertips” information about the products in their homes so they can capitalize on valuable extended warranty opportunities, typically unclaimed.
● Building product manufacturers have — for the first time — clarity into where products are being used and by whom, facilitating customer relationships, mitigating risks and managing issues such as product defects or recalls.
“Each year in the U.S., millions of new homes are built, with an average of 15 branded products per home,” said HomeSphere Executive Chairman Glenn Renner. “No single company has ever captured this product data, yet it represents unprecedented value to homeowners, builders and product manufacturers. Our mission is to change that with a digital record of the U.S. housing stock accessible to millions of homeowners and the entire universe of builders, contractors and manufacturers. The My HomeSphere technology, paired with our experience, uniquely positioned us to execute this industry-changing vision.”
Company
HomeSphere
Management
Glenn Renner, President & CEO
Description
The only digital community that connects builders and building
products manufacturers
