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Industry Overview for Building Product Manufacturers By: Steve Demand

INDUSTRY OVERVIEW Architects . Engineers . Contractors . Suppliers . YOU. Industry Overview for Building Product Manufacturers By: Steve Demand. If you’re not in it, you’re not being specified. SPEC. BID. DESIGN. BUILD. What do we know about the industry?. Owners/Architects/Engineers.

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Industry Overview for Building Product Manufacturers By: Steve Demand

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  1. INDUSTRY OVERVIEW Architects . Engineers . Contractors . Suppliers . YOU Industry Overview for Building Product Manufacturers By: Steve Demand

  2. If you’re not in it, you’re not being specified. SPEC BID DESIGN BUILD What do we know about the industry? Owners/Architects/Engineers Contractors/Subs/Suppliers How do we sell into this model, WHAT tools do we use? Magazines, Tradeshows, Website, Literature & Samples, Directories, BIM, LEED, CAD, Lunch & Learns, Trade Associations, Master Guides, Leads Sources, Specs, Reps, Distributors… www.speclink.com Industry Overview 

  3. If you’re not in it, you’re not being specified. Do we understand HOW these tools influence each part of the industry? Do we understand how these pieces WORK TOGETHER? $ What is your REAL CHALLENGE? Architects/ Engineers …Is it something as simple as getting spec’ed more or creating brand awareness? Owners …Or is it understanding and influencing a complex and fragmented sales process? Contractors/Subs /Suppliers How can we ever ensure that dollars invested will generate a return if we don’t know what’s going on inside the pipe? $ www.speclink.com Industry Overview 

  4. If you’re not in it, you’re not being specified. Let’s start from the beginning… just for today, let’s cut out the back end? BUILD BID SPEC DESIGN Contractors/Subs/Suppliers Owners/Architects/Engineers What did we just take out of the equation? Contractor Focused Marketing Rep Related Expenses LEAD SOURCES Distribution Contractor Trade Show Supplier/Dealer/ Independent Rep National Sales Meetings Dodge Contract Publications Reed Misc. Sales Tools Expense iSqFt Travel Budgets www.speclink.com Industry Overview 

  5. If you’re not in it, you’re not being specified. What are we left with? SPEC DESIGN Owners/Architects/Engineers Now let’s break this down even more… as Design and Spec are separated. DESIGN SPEC There is definitely an overlap but they are still fundamentally different… Design work and Specs are done by different tools, often by different people, and sometimes even entirely different firms. www.speclink.com Industry Overview 

  6. If you’re not in it, you’re not being specified. What tools do we use to influence the Design side? CAD/BIM Literature & Samples LEED Magazine Ads DESIGN Lunch & Learns Trade Shows …what about the Spec side? ? ? SPECS Who writes the specs? How do they write their specs? What tools do they use? www.speclink.com Industry Overview 

  7. If you’re not in it, you’re not being specified. About the Architect Firms by Size Firms by Billings 4% Large Firms 51% Large Firms 35% Mid Size Firms 42% Mid Size Firms 61% Small Firms 7% Small Firms Small Firms (1 – 4 Architects): Mid Size Firms (5- 49 Architects): Large Firms (50- 200+ Architects): 61% of all firms account for only 7% of all architectural billings. Small firms are the principal users of individual, proprietary specifications delivered via the internet. 35% of all firms account for 42% of all architectural billings. Mid-sized firms typically rely on commercial master guide specifications. Only 4% of all firms, but they account for more than half -- or 51% of all architectural billings. Larger firms typically employ a full-time specifications department and an “office master” specifications. www.speclink.com Industry Overview 

  8. If you’re not in it, you’re not being specified. How are you promoting your products to design professionals? • Lead sources track the projects in the commercial market to give any subscriber the ability to search and find active construction projects in a database or plan room that apply to your specific products. Like: Dodge, Reed, iSqFt • Limitations: • Multiple touch points required to gather data. • Specifications often become visible only after they’ve been written, resulting in “or equal”. • Time intensive for architects as well as the rep. • In addition to a well-designed and well-maintained website, it’s important to advertise with the major search engines – Google, Yahoo, Bing – to direct traffic to your products. • Limitations: • If your product data isn’t well organized and easy to locate on your site, visitors won’t return. • Specifications are individually downloaded making the process tedious and time sensitive. • Visitors aren’t necessarily specifiers – so the number of hits can be very misleading. • A certain amount of print advertising can get your products noticed – but not necessarily get them specified. Like: Architect, Architectural Record, Commercial Build Products • Limitations: • Technical products can be difficult to present in an ad without lots of copy – which many design professionals won’t read. • You’ll never know how many designers specified your products as a result of an advertisement. • Paper directories are obsolete, but electronic product directories like 4Specs.com, ARCAT, BuildSite, and even Sweet’s Network can be helpful in identifying your products to potential specifiers. • Limitations: • Keyword searches can be problematic for locating the specific products you make. • Specifications are individually downloaded making the process tedious and time sensitive. • If the search finds you, it will find your competitors, too. • It can be useful to have good, up-to-date, editable specifications for your products posted on directories and your website, for use by smaller design firms that can’t afford anything else. • Limitations: • Even though they’re free, most design professionals do not trust proprietary specs and will modify them extensively. • The most likely uses of proprietary specs are by small firms for small projects. • If you don’t include comparable competing products, users are likely to add cheaper ones. • The best way to get specified is to make sure your products are included in the major commercial guide specifications.Most firms use only one guide spec, you need to be in both BSD SpecLink and Master Spec. • Limitations: • Only includes select manufacturers. • Costly and sold by subscriptions only. • Data may be out dated. • Does not include products for niche markets. Lead Sources Directories Website Master Guide Specifications Print Advertising Proprietary Specifications www.speclink.com Industry Overview 

  9. If you’re not in it, you’re not being specified. What is SpecLink-E? • SpecLink-E is not another website or a directory; it is an actual spec writing application. SpecLink-E is a unique spec production tool that is sold to design professionals. • Architects and engineers use SpecLink-E to produce project specifications and to specify products like yours. Why would architects and engineers use SpecLink-E when they can get specs for free online? • When managing a large number of projects, design professionals need a better way to organize, update and manage their specifications. www.speclink.com Industry Overview 

  10. If you’re not in it, you’re not being specified. Who is using SpecLink-E? We’re sure you have some questions... • Who uses SpecLink-E? The typical users of SpecLink-E are project managers, architects and engineers at midsize to large firms. • How many architects and engineers use SpecLink-E? Over 10,000 design professionals across 1,900 firms. • What types of projects are being specified? SpecLink-E is used to specify a wide range of commercial, industrial and institutional projects. www.speclink.com Industry Overview 

  11. If you’re not in it, you’re not being specified. How does SpecLink-E Work? We’re sure you have some questions... What does it mean to be a listed manufacturer? It assures your competitive advantage. Your products will be readily available to the design professional at the very moment the specification is being built. Do you simply post our specs? Rather than simply making your specification sections available for downloading, we add your product data to our master database, which allows our subscribers to integrate the information seamlessly into their office master specifications. How many projects get specified using SpecLink-E? Last year specifications for over 26,000 projects were created using SpecLink, and manufacturers were specified by name over 3.6 million times. The average project value equals about $7.5 million. www.speclink.com Industry Overview 

  12. If you’re not in it, you’re not being specified. What does SpecLink-E do? Distributers Industry Information Contractors Manufacturers –Product Information Specification Documents • BSD SpecLink-E Software • >Product Info • >Create specs • >Produce Activity Reports REPORTS -Project Detail Reports & Usage Reports USERS - Architects & Engineers • Our customer base is middle to large sized firms • 1,900 unique individual firms • 10,000 Design Professionals • 26,000 projects per year • 29 years of experience • 603 Master Format specification sections • Affiliated with CSI / AIA www.speclink.com Industry Overview 

  13. If you’re not in it, you’re not being specified. What can SpecLink-E do for you? • We help design professionals specify your products correctly. Our built-in intelligent links, notes to the specifier, and hyperlinks to your website provide the specifier with relevant and timely product information, maximizing the likelihood of correct specifications. • We can prove the results. SpecLink-E provides reporting specific to the sections that are of interest to you and includes both frequency of use and details of individual projects that have used those sections. www.speclink.com Industry Overview 

  14. If you’re not in it, you’re not being specified. SpecLink-E Start Page Announcements: Allows users to access important announcements and blog post. Tip of the Day: Provides daily users tips about SpecLink functions. Tool Bar: Tool bar allows users to access important info and documents located on bsdsoftlink.com. Featured Manufacturers: Rotates the link to the manufacturer’s website and in company newsletter. Manufacturer Logo: Featured manufacturer's logo listed on start page. Upcoming Workshops: Upcoming user training workshops. www.speclink.com Industry Overview 

  15. If you’re not in it, you’re not being specified. SpecLink-E Product Layout Ribbon Bar Shows home tab with buttons for common editing functions List your specific products directly in the spec. Product Choice Box Identify your products by model and brand name Sections Tree panel is divided into vertical tabs and allows selection of sections to be edited Listing makes it easy for the user to specify you by name. Use your exclusive media section to educate the user about your company and products. Document Panel Document panel displays master text for editing and shows which paragraphs will be printed Built in intelligence supports the correct specification of your products. Note Panel Note panels display context-sensitive data to assist in editing Provide pictures and detailed information for each listed product. Seamless integration into SpecLink, and the inclusion on over 1,900 architectural and engineering firm's master specifications www.speclink.com Industry Overview 

  16. If you’re not in it, you’re not being specified. Prove it – I want to see the ROI • We capture project data from our subscribers as they are creating their specifications. • What does this mean for you? You can not only track the success of your listings, you can also see how well your competitors are doing. Usage Reports • We can show you exactly how many times your sections were used on actual projects. Not “hits” or “downloads” – but actual instances of specification. Project Detail Reports • In addition to the numbers, we can show you the actual projects. SpecLink-E captures detailed data about individual projects that have specified the sections that are of interest to you, organizing the information first by state, then by design firm, and then by project. 2 reports - 1 powerful way to measure your return on investment: www.speclink.com Industry Overview 

  17. If you’re not in it, you’re not being specified. Project Detail Reports • SpecLink-E Project Detail Reports includes both frequency and details on individual projects for each section your company is listed • Receive monthly Project Detail reports help to identify qualified leads and generate a strong ROI • Project Detail Reports are broken down by state, firm info, and/or manufacturer & product specified Project Name Firm Address Firm Name Firm Phone Manufacturer & Product Specified Firm State Project Detail Reports provide you with information about project activity and your competitors. www.speclink.com Industry Overview 

  18. If you’re not in it, you’re not being specified. Thank you for your time. THE END! www.speclink.com Industry Overview 

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