Great Customer Response to Contracting
Industry's First Online Sales Platform Launched by Remote Sales
Force
CALGARY, March 7, 2017 /CNW/ - Renoworks Software Inc.
(TSXV: RW)(PINK SHEETS: RWOKF)("Renoworks" or the
"Company"), the leading visualizer for the home remodeling
and construction industry, is pleased to announce an update on the
successful launch of strategic partner Remote Sales Force's One
Click Contractor software solution for the remodel industry.
Renoworks holds a 33 1/3% equity interest in Remote Sales Force,
Inc.
Since its launch in early February, over 30 customers are now
using One Click Contractor, a brand new service integrating
Renoworks visualizer technology with Remote Sales Force's
software-as-a-service functionality enabling contractors to sell
remodel projects remotely (see press releases dated February 1, 2017 and February 16, 2017). Renoworks and its
partner Remote Sales Force co-market One Click Contractor to
existing and new clients. Remote Sales Force markets and
sells directly through its sales and marketing team while Renoworks
markets via its Renoworks Pro Fully Loaded product offering
which can be found at: Renoworks PRO Fully Loaded. Through
this co-marketing relationship, Renoworks can derive revenue
through a monthly fee per user regardless of which entity completes
the product sale.
Remote Sales Force's One Click Contractor, bundled with
Renoworks visualizer technology, is a sales tool designed to help
improve the productivity of contractors and address a number of
market needs. One Click Contractor allows home remodelling
contractors to sell online, thus helping contractors reduce
transportation costs, improving operational efficiency.
"Remote Sales Force's Solution is clearly resonating with the
remodel industry," said Doug
Vickerson, CEO of Renoworks. "Our market research and
meetings with contractors and industry players identified
significant demand for a complete online solution for buying and
selling remodel projects. The growing importance of buying and
selling home improvement projects online has led to a bold
prediction that over the next five years, half of all exterior
replacement sales will be completed remotely1,"
explained Mr. Vickerson. "This software is a critical sales
tool for contractors and addresses a number of market needs that
may result in quick scale and revenue increases for Renoworks."
About Home Remodeling Industry Online Trends – PRO Remodeler
Magazine1
Consumer purchasing behavior is rapidly and increasingly moving
towards online buying as a preferred method of shopping. There is a
new mindset emerging in the home remodeling industry as buying
habits are shifting to the internet and the future of the industry
is online. Demographers and researchers find that each
generation is looking for a seamless online experience when buying
products. In 2016, a survey by UPS and comScore showed that
Millennials and non-Millenials make 54% and 49% of their purchases
online respectively. For contractors, less time is spent
driving to sales calls and presenting to homeowners, making
representatives significantly more productive. In addition,
businesses can expand their marketing area. The growing importance
of buying and selling home improvement projects has led to a bold
prediction that over the next five years, half of all exterior
replacement sales will be completed remotely.1
1Taylor, E. (2017, February
17). "The One-Click Future", Pro Remodeler, Online:
https://www.proremodeler.com/blog/one-click-future
About Renoworks
Renoworks Software Inc. develops and
sells unique digital visualization software for the remodelling and
new home construction industry, primarily in the United States and Canada. Delivered
online, as a custom developed app or desktop software, Renoworks
provides its technology to manufacturers, contractors, builders and
retailers offering the solution to one of the home remodelling
industry's greatest challenges: enabling customers to see how their
product choices will look in a realistic, virtual environment –
even in their own home – before they make a purchase
decision. Renoworks markets its software as a cost-effective
lead generation tool and generates revenues from three main
business lines: enterprise, Renoworks PROTM, and its
Software Development Kit (SDK). For more information, visit
www.renoworks.com
About Remote Sales Force
Remote Sales Force Inc.
develops and sells software for the remodelling industry in
the United States and
Canada. Remote Sales Force is a software-as-a-service
provider devoted to building solutions that will change the way
remodel projects are bought and sold. For more information,
visit www.remotesf.com.
The TSX Venture Exchange does not accept responsibility for
the adequacy or accuracy of this release.
Certain statements in this news release, other than
statements of historical fact, are forward looking information that
involves various risks and uncertainties. Such statements relating
to, among other things, the prospects for the company to enhance
operating results, are necessarily subject to risks and
uncertainties, some of which are significant in scope and nature.
These uncertainties may cause actual results to differ from
information contained herein. There can be no assurance that such
statements will prove to be accurate. Actual results and future
events could differ materially from those anticipated in such
statements. These and all subsequent written and oral forward
looking statements are based on the estimates and opinions of the
management on the dates they are made and expressly qualified in
their entirety by this notice. The Company assumes no obligation to
update forward-looking statements should circumstances or
management's estimates or opinions change.
SOURCE RenoWorks Software Inc.