How Security Dealers Can Fend Off Channel Disruption
Security dealers no longer compete with just each other, but now must also fend off retail giants and multi-service operators.
Security dealers no longer compete with just each other, but now must also fend off retail giants and multi-service operators.
The latest research from Parks Associates reveals how companies are driving new revenue by extending pro monitoring services beyond residential security.
Parks Associates explains the benefits that will be realized in full once there is an alignment of AI-enabled hardware, system software and intelligent call center services.
The growth comes as U.S. broadband households have more options, including DIY and ad hoc monitoring through smart home devices, says Parks Associates.
Created by several top manufacturers to raise awareness among homeowners, vendors and dealers, the first annual Smart Home Day is Nov. 3.
The Monitoring Association hosted its annual meeting in California’s famed wine country. This image gallery includes research findings from select sessions.
Self-installed security solutions will significantly lower the cost of security and create new monitoring use cases, according to Park Associates.
A new report by Parks Associates shows that 62% of these U.S. consumers would opt to pay an additional fee for these services.
The Parks Associates report also says only 28% of security intenders plan to subscribe to long-term professional monitoring.
A large majority of security dealers are now offering services other than traditional monitoring to better compete in the market, Parks Associates finds.
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
Discover which residential and commercial devices, systems and services are best lending themselves to the recurring monthly revenue model
