Marketing Genius from Maple Creative


Marketing tips, observations & philosophy, plus a few rants and random musings - from those who practice, preach and teach marketing, research, advertising, public relations and business strategy.

Wednesday, June 22, 2005

Staggering Stat

Here's a staggering statistic. I really found it to be an eye opener, in terms of magnitude. How can you find a way for your company to play in this game, to be a part of this growth wave?

What business is ten times larger than the movie industry and projected to increase 50% in dollars spent by 2013?

The answer is residential kitchen and bath remodeling, which will break the $100 billion mark this year, according to Kitchen and Bath Business magazine's 2005 Market Forecaster.

"While only one-third of all kitchen-remodeling jobs will involve a professional designer," the report says, "those jobs will account for more than half of the $68.25 billion spent. Full service remodeling firms will perform 14% of all bath-remodeling jobs, however those jobs will account for 37% of all spending."

Source: Herman Miller "Design Link" newsletter, June 2005.


Anonymous Anonymous said...

Add value to your very home by starting with your kitchen and remodeling it for an up to date look to the room. For more information on kitchen remodeling, visit Get Started with Kitchen Remodeling

6:59 PM


Post a Comment

<< Home