Renoworks has been selected to present at the 7th annual MicroCap Leadership Summit on Friday, September 16, 2022. CEO, Doug Vickerson to speak at exclusive forum .
“Renoworks’ second quarter total revenue grew 19% year-over-year as customers adopted our SaaS-based data analytics tools to uncover product and consumer behavioral insights,” said Doug Vickerson, CEO of Renoworks.
Contractors and remodelers can use the Dream Home Visualizer to instantly receive an A.I.-generated interactive design that they can experiment with to see a variety of Westlake Royal Roofing Solutions products on their home.
As a result of the A.I. gating and A/B testing, the client increased lead generation by 1300% after 2 months of testing. This meant that 1,730 more users submitted their contact information in exchange for an A.I.-assisted design when compared to the non-gated form.
“Building on our strategy to give manufacturers more control over the construction value chain, we’re very excited to launch this new data offering and we’re pleased to see the value of analytics and data science is resonating with the market,” said Doug Vickerson, CEO of Renoworks.
Truly actionable insights are hard to come by – especially since you don’t have much visibility into the buyer’s journey after your product leaves the warehouse.
“Although our revenue declined year-over-year in the first quarter, I want to emphasize that we are confident that our current sales and marketing efforts will return the Company revenue growth in the second quarter of 2022,” said Renoworks CEO Doug Vickerson.
Here are 3 reasons why a visualizer is the best CTA to add to your website to ensure homeowners convert at a high rate, have an inspirational experience, and ultimately go on to find a dealer and purchase your products.
Based on the deployment of new lead generation platform improvements powered by combination of AI-powered visualization and data science insights, the company was able to provide a considerable boost to lead generation rates of up to 1300%, allowing the manufacturer to capture more qualified homeowner leads to promote and sell goods to.
