Discussions include the benefits of diversifying product offerings, comparing water heater brands, challenges in product connectivity, and building relationships with suppliers in the plumbing industry.
32:18
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Quick takeaways
Consider diversifying suppliers for more options while balancing loyalty.
Importance of technological integration in products like tankless water heaters for ease of installation.
Deep dives
Supplier Loyalty and Product Offerings
The podcast episode delves into the concept of supplier loyalty and the introduction of new product offerings in the market. The speaker discusses receiving a monthly specials email from a long-standing supplier that now includes a new brand in their product lineup, which prompts considerations on how suppliers decide to diversify their offerings and how contractors adapt to these changes. The episode explores the potential impact on relationships with existing suppliers, pricing implications, and the balancing act between loyalty and exploring new options.
Ease of Product Installation and Technology Integration
Another key point highlighted in the podcast is the importance of ease of installation and technological integration in products, particularly focusing on a new tankless water heater model. The speaker shares their positive experience with the installation process of a specific tankless water heater model, emphasizing features like Bluetooth connectivity, simplified setup through a mobile app, and intuitive design elements that enhance the user experience. The discussion extends to the challenges faced in the past with technology integration in HVAC and plumbing equipment, contrasting with the seamless setup of the new product.
Building Relationships with Suppliers and Product Quality
The final main idea discussed in the podcast relates to building relationships with suppliers and evaluating product quality. The conversation touches on the significance of establishing strong relationships with supply houses to ensure reliable support and understanding of business needs. Furthermore, the episode explores the speaker's experience with different product brands, highlighting the importance of product performance, service support, and pricing considerations in determining long-term loyalty to a specific brand. The conversation underscores the balance between loyalty and exploring new suppliers based on factors such as pricing, product features, and service reliability.
Most would agree it’s a good idea to have options when it comes to supply chain but we’re often loyal to at least one supplier. So, what would make you switch to another supplier?
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Send us your feedback or topic ideas over on our social channels! Eric Aune @mechanicalhub Andy Mickelson @mick_plumb