Bob Chermin on LinkedIn: Exciting to meet many familiar and new faces at the Global DIY summit… (2024)

In 2033, the global market for carpet and flooring is projected to be worth $485,371 million. While urbanization and sustainability are well-recognized drivers, there’s another trend worth mentioning. The growing influence of social media and online reviews is transforming consumer behavior. https://ow.ly/QgyV30szMJK

"Why is demand so high for Industrial real estate?"The answer is simple.It's you.The consumer (you) drives demand. The more you consume (food, beverage, clothes, electronics, etc.), the greater the demand for industrial space.Unless we collectively reduce consumption (eat less, online shop less, create more ourselves), the demand for industrial real estate will not change.Want to talk about how demand is evolving? Hit me up - Nick@DickmanRealEstate.com#industrialrealestate #commercialrealestate #investmentrealestate

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We wrapped up our last webinar in this round on Outlooks and Branding in the Home Improvement Market and we would like to share the recording with you in case you missed it. ➡️ https://bit.ly/3LBTo85 Here are some key takeaways from the webinar: ·In Q1 2024, there is a higher share of consumers conducting a home improvement job (+5%) than in Q1 2023 ·  In terms of outlook on spending, slightly more consumers expect to spend more in 2024 than in 2023. Italian consumers expect to spend the most, German, Swedish and Dutch consumers the least · Branding in the home improvement market is important because of difficult product differentiation, strong price sensitivity, strong position of private labels, increases in online orientation and price checking possibilities ·Consumers have developed a more positive opinion when it comes to private labels Stay tuned for our upcoming webinars and explore how these trends will continue to shape the home improvement industry in 2024 and beyond!

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Get ready for a presentation that delves into the depths of home improvement retail data. Dahne, our expert presenter, will unveil essential insights that will shape the way you perceive the industry. Discover unparalleled statistical insights and data that will revolutionize your approach to the home improvement industry. Join us for a captivating webinar as we introduce you to a unique world of information. 📅 Date: September 12, 2023 🕛 Time: 12:00 PM - 1:00 PM (German Timezone) Key Highlights: 🤝 Introductions by HIMA - Piet De Coninck 📊 Overview of Complete Report: Explore the entire world of home improvement retail within the grasp of a single report. From a global perspective to insights about individual countries and specific retailers, this session will empower you with a broader understanding. 🧰 Practical Presentation and Report Utilization: Navigate the practical application of the report's content and learn how to extract maximum value from it. Whether you're a global DIY enthusiast or a retailer seeking to harness valuable data, this presentation is for you. 💡 Short Testimonial of Suppliers: Hear from suppliers who have unlocked the potential of this report. Gain insights into real-world experiences that have led to informed decisions and successful strategies. 📚 Global DIY Report and DIY Retailers Database: Discover the power of information at your fingertips. Dive into the global DIY report and explore a comprehensive DIY retailers database from around the world. 🌐 Overview of Availability and Pricing: Understand the availability and pricing trends that can steer your business in the right direction. Make informed decisions backed by data-driven insights. 🤝 Engage in Q&A: Your questions matter. Participate in the Q&A session where our experts will address your queries and provide additional clarity on the report's content and applications. 📌 Registration Link: https://lnkd.in/ev2WyGgi See you at the webinar and let's explore the world of possibilities together! #HomeImprovementWebinar #DataDrivenInsights #RetailRevolution

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Are you planning a home renovation project? Post-covid, DIY demand has cooled, while demand for contractors has shot up. The shift is causing retailers like The Home Depot to put more focus on an increasingly important consumer base: home improvement professionals. Worth an estimated $475 billion, the Pros market is a major opportunity for brands and retailers alike. Had a great time working with the team to unpack Pros spending behaviors and their impact on the #homeimprovement industry. Check out the YipitData report and learn something new! Dan KatzAriane TurleyRebecca DowneyHilary RudolphAndrew Greiner

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Exciting news for the industry! 🌍 The latest edition of the Home Improvement Retail Worldview is here, offering a deep dive into the global building, DIY, and building materials sector. 🏗️🔧🏠 Explore this extensive statistical reference work across 300 pages to gain valuable insights. Learn more at diyeinternational.com. 👇 #HomeImprovement #DIYIndustry #GlobalInsights #BuildingMaterials #IndustryAnalysis #diy

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Selecting the best promotional offerings for the home appliances space doesn't need to be a challenge! In this videocast, industry experts unpack strategies for building and implementing successful inactive programs with ease. Plus, they articulate which ones to avoid. Watch now: #HomeAppliances #ChannelIncentives #360insightsSharon Maxfield Zach Elkin John Iacoviello Beko Home Appliances USA BSH Home Appliances Group

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🌟 Let Your Brand Bloom! 🌟Calling all brands ready to blossom in the market! Are you seeking a trusted partner to help your brand reach new heights of success? Look no further than Thermal Kitchen!At Thermal Kitchen, we're more than just a co-manufacturer – we're your dedicated growth partner. With a passion for innovation and a commitment to quality, we're here to nurture your brand's journey from seed to bloom.🌱 Why Choose Thermal Kitchen? 🌱🚀 Expertise: With years of experience in food and beverage co-manufacturing, we bring unparalleled expertise to every project.🌿 Flexibility: Our expansive facility provides the space and flexibility needed to support your brand's growth trajectory.🌺 Tailored Solutions: We understand that every brand is unique. That's why we offer customized solutions to suit your specific needs and goals.💡 Innovation: From product development to co-manufacturing, we're dedicated to helping your brand stand out in the market.🤝 Partnership: At Thermal Kitchen, we believe in building lasting partnerships based on trust, transparency, and mutual success.Ready to see your brand bloom? Partner with Thermal Kitchen and let's make it happen! #comanufacturer #productdevelopment #thermalprocessing #copacker #foodandbeverage

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𝗙𝗮𝗶𝗹𝗲𝗱 𝗯𝗲𝗰𝗮𝘂𝘀𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗰𝗵𝗲𝗮𝗽 𝗽𝗿𝗶𝗰𝗲? 💰To this day, many believe that Praktiker, the DIY/Home Improvement chain, went bankrupt owing to its low-price strategy that left margins too low to survive. That’s 𝗡𝗢𝗧 the case!In fact, these cheap prices only existed in the customers' mind. Test purchases in comparison with other DIY chains showed that the prices were never really lower than those of the competition. Praktiker had succeeded in conveying a perceived uniqueness in terms of its prices. 𝗧𝗵𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺 - however: The core need of DIY customers is not "cheap prices." What's more important to them is the emotional quality attached to creating something by themselves - and for that, customers count on quality, competence, and good advice. These values are not conveyed at all by "cheap." So, the perceived price advantage didn’t attract customers, but rather detered them. Add to that - that the market potential was too small for "cheap" alone, and you have a recipe for rocky, if not failing times.That's why it is so important to genuinely know the core needs of customers! The Praktiker example shows remarkably how it can take a turn for the worst.Let me know, if you would like to discuss in detail😊 2HMforum. For best relations.FANOMICS#DIY#Justdoit#Doityourself#homeimprovement#pricing#customerstofans#Baumarkt

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Do your product and market vibe together? Discover the potency of the Product-Market Fit Mental Model in connecting product strengths with customer desires. Learn more here: https://lnkd.in/df4bw44M #ProductMarketFit #BusinessInsights #MentalModels 🎯🚀

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