Here it comes “Call me Greenvan”. Read below and you will become:
Home services today are either too expensive with all the bells and whistles and leave that gaping hole in your pocket OR the cheap cowboys like the plumber who will show up only once and never again leaving your faucet leaking again in no time or that mover who will damage your furniture and will fade far away and quite forget like a nightingale into eternity thereafter.
Fragmented: The supply side today is very fragmented. There are approximately 140,000 business establishments spread across various home services such as plumbing, electricals, removals etc.
Size Matters: All these small businesses compete fiercely for a limited number of jobs in the market thus driving up the industry marketing costs sky high. An average home services business has 3 employees.
Lack of Dependability: Disadvantaging the customer through lack of brand dependability and effective recourse
Lack of Protection: Average business is too small to offer customers the protection. Large businesses can, but are prohibitively expensive due to operating costs
Word of Mouth Dependence: Most customers end up relying on word of mouth or google-searching to find a cost effective reliable professional
Large DIY Market: Due to high prices, customers often do many things DIY like hiring a van and moving items. Or not able to make a purchase at all
Low Wages: The tradesmen suffer on account of low wages because there is so much wasted time in a day for each person. They have to sit idle and that reflects in their wages.
The industry has its current umbilical problems and requires a fundamentally different craft to break this juggernaut. It requires:
In a high tide all boats rise. Through technological marvel, Greenvan breaks this knot. That’s why our:
For understanding this in more depth, you might as well jump on the investor ship.
