The residential remodeling and replacement market kept many companies in the home and building industry in business during the past few years. Now, even as new home builds rebound in many markets, the evidence suggests the remodeling market will continue to flourish.
Nashville, Tenn. -- Bradley Farnsworth, president of the eponymous research-based consulting firm (The Farnsworth Group), delivered an address to ProDealer Summit attendees Friday that outlined a progressively greener near-future outlook for remodeling.
In his presentation, titled "Emerging Trends in Remodeling: A Consumer and Contractor Perspective," Farnsworth detailed the experiences and expectations of architects, contractors and remodelers.
The years since the recession have seen a decrease in supplier loyalty and a more prominent focus on dollars and cents. Jim Robisch, senior partner and director of dealer/retailer services at The Farnsworth Group, highlighted these tropes and more during his presentation at the ProDealer Industry Summit Oct. 24 in Nashville, Tenn.
Bradley T. Farnsworth, president of The Farnsworth Group, will be among five speakers scheduled to appear at this year's ProDealer Industry Summit in Nashville, Tenn.
Farnsworth created the research-based consulting firm to serve the home improvement, residential building and commercial construction industries. He has ammassed a wealth of experience in category management, store positioning, market segmentation analysis and hybrid market concept development.
Does the independent lumberyard compete with the big-box national retailer? The answer might surprise you.
It surprised Jim Robisch, senior partner at The Farnsworth Group. His recent presentation during the LMC convention was titled "The Future Threat of Big Box Home Centers in the Pro Market," and it spelled out the case that Lowe's, Home Depot and Menards are not to be underestimated as LBM competition.
A recent study conducted by The Farnsworth Group, research and insight specialists for the building material and home improvement industries, found roughly 50% of builders and remodelers purchasing products online.
By Kent Panther, VP, Director of Strategic Planning at Wray Ward
According to the latest nationwide research by The Farnsworth Group, given consumers’ varying views of green advantages as well as the skepticism many have regarding green claims, the opportunity for manufacturers to capitalize on an ability to better define green — and to promote its specific benefits — seems clear.