What You Say Matters — Selling High Performance to Your Customers
Weeks being homebound have flexed the muscles (i.e., systems) of houses across the United States and most likely created heightened consumer awareness of utility bill costs and system performance, fresh air ventilation and filtering capabilities, as well as odors such as lingering cooking smells or damp air.
Living harder in their homes has people considering what they really want in their next house. Efficient, comfortable and healthy homes are likely to be high on the list of "must-haves" for those looking to buy or to remodel.
Many of the homes you have been building may already check these boxes. The 2020 Green Single Family and Multifamily Homes SmartMarket Brief showed that most builders are building with green features — particularly those involving energy efficiency and improved indoor air quality — whether or not they identify themselves as green builders.
Now is the opportunity to shift your business model or to reframe how you market your homes to meet this anticipated shift in customer demand. When talking to potential home buyers, consider highlighting features that meet some of these new "must-haves." Talk to customers in terms that they understand and relate to, and that can change the conversation from cost to value added.
In the 2020 SmartMarket Brief, builders ranked the top three terms for describing green features that have the greatest influence on their customers. The top terms were:
- Operating Efficiency (53%, with 19% ranking it first)
- Long-term Utility Cost Savings (49%, with 19% ranking it first)
- Quality Construction (48%, with 22% ranking it first)
- Healthier Home (22%, with 4% ranking it first)
- Lower Operating Costs (84% builders/85% remodelers)
- Greater Comfort/Better Occupant Experience (52% builders/54% remodelers)
- Improved Health and Well-Being (43% builders/59% remodelers)