Players within and outside of the home improvement industry watched how the trends in the industry evolved every time a technology trend rises and changes the game. The industry’s growth can be atttributed to modern inventions such as laser technology down to technologies that allow businesses to be more eco-friendly through greener methods of energy production and consumption.
But the home industry’s improvement didn’t happen without part of the changes coming from the ones who have the power to influence demand—consumers. Home improvement businesses work toward improving production, building, and service quality to satisfy consumers.
What are consumers looking for?
Today’s consumers are more inclined to work with businesses that can apply technology to improve the quality of their products and services, and home improvement customers are no exception.
They’re also concerned with not spending on home improvement beyond the budgets they allocate, finding the right business and professionals, and sourcing enough funding to start and finish projects without undermining quality.
The accessibility of information on the web and in books produces smarter and more demanding consumers, pushing businesses in and out of home improvement to scramble to improve and impress them. The modern consumer’s penchant for companies that can integrate modern technologies in their products and services gives rise to innovative business ideas.
How is modern technology shaping home improvement?
From advertising down to customer service, aspects of home improvement businesses’ operations work with technology. Here’s how it shaped the industry:
1. Expedited renovations.
Modern-day home improvement businesses rely on modern innovations such as laser technology and smart home devices to make home remodeling projects quicker and satisfy the time-constrained consumer.
Turnaround time is essential to customers because it’s their home; why would they want you tinkering around for a long time when you can get things done faster?
For example, construction companies that want to use Mayflair flooring could also use laser technology to inspect floors efficiently. A manual inspection would take time and more resources, which isn’t preferred.
2. Production of materials with better quality.
The non-stop innovations to produce more durable, stronger, and lighter home improvement products are giving companies and consumers alike high-quality choices for remodeling and construction.
People want their homes to be sturdy as much as they want them to be comfortable. They look for businesses that can give them both. Thanks to modern inventions, there are newer and better-quality materials for projects. Most are lighter on the pockets than older and heavier materials.
3. Increased safety with remote technology.
We’re all aware that construction and renovation sites are places prone to accidents. In the United Kingdom alone, government figures showed that 30 construction workers died on-site in 2019. That’s 1.31 fatalities for every 100,000 workers.
Even if construction accidents can’t be avoided, remotely operated machines allow workers to do their jobs from a safe distance. This reduces the chances of accidents, injury, damages, and delays that come with construction risks.
Increased safety would mean more efficient construction projects, which equates to more projects executed.
4. Augmented reality.
The use of augmented reality (AR) makes it possible for businesses and their clients to plan and visualize home improvement projects with everything feeling more real. Companies can create virtual designs and test styles, products, colors, and many more.
Customers can view a proposed design before execution, helping them set expectations and make changes when necessary, reducing waste of resources and mistakes that delay projects.
AR also helps businesses gather consumer preferences based on feedback, which is a good basis for quality, service, product range, and relationship management.
5. Eco-friendly technologies.
One of the best changes brought about by modern technology to the home improvement industry is the rise of eco-friendly practices. Home improvement companies can now offer solar panels, LEDs, and other green technology options to their clients.
These green technologies help reduce electricity consumption, making the whole ordeal cheaper for both businesses and consumers.
Other than energy production and consumption, modern technology has also allowed for sustainable construction materials such as earth bricks, precast concrete slabs, reclaimed steel, and many more.
How can you utilize technology as a home improvement business?
After finding out how much technology has changed the game for home improvement companies, you’re wondering how you can integrate these remarkable innovations. Doing so will take a lot of planning, and if you’re coming from traditional methods and transitioning to modern ones, best believe that the transition will take time. Your business, employees, and consumers will adjust.