2007Increased Sales, Improved Customer Service and More Efficient Operations for Builders Illustrate Envision’s Success
Austin, TX, July 30, 2007
Envision, the fully integrated options management solution for the entire building industry, was recently honored at the second annual 2007 Options Technology/Technology Options (OTTO) Awards. Envision won the awards for Best Virtual Design Center and Best Virtual Design Center Implementation via KB Home Online Studio’s use of Envision. The OTTO Awards are held at the Southern Building Show in Atlanta in late June and recognize technology integrators who are helping builders achieve their options and home tech products sales goals, in addition to homebuilders who are successfully using technology to sell options.
Envision includes specific tools for builder purchasing, design centers, manufacturers, and buyers and prospects. The four Envision modules address all aspects of the options management and design process, from data management, to design education, to option selection. By leveraging the power of the industry consortium and over 270 participating Manufacturer brands, Envision is the first truly scaleable options management system.
Winning the OTTO Awards is evidence that the Envision solution continues to set the standard for the industry. Builders have realized 10-15% increases in options upgrade sales by implementing Envision, along with 20% increases in J.D. Power customer satisfaction scores. Envision makes homebuilder operations more efficient, reducing total design center appointment time and total cycle time from contract to final selections. In addition, thanks to Envision’s reasonable price point, builders are experiencing a 20-50x return on their investment.
“For over two years, Envision has given builders and manufacturers the tools to maximize margin and improve the home building process for their customers,” said Melissa Morman, Chief Operating Officer for New Home Technologies. “We’re excited that in this challenging market, Envision has helped our builders improve customer satisfaction and see a significant increase in options sales — up to 25 times their initial investment in the program.”
Dozens of leading builders use Envision, representing over 150K annual home starts and over 270 National Manufacturer brands in the program. With over 600 communities live across the country, tens of thousands of buyers have now used Envision to select their options and design their new homes. Builders are using Envision as a tool to increase their efficiency and their bottom line margin.
Builders aren’t the only ones to benefit from the implementation of Envision – product manufacturers are also seeing impressive results with Envision. Manufacturers are taking advantage of the ability to market directly to homebuyers with images, product details, and rich media, allowing for increased product awareness among homebuyers. Envision provides manufacturers with a number of reports (including rebate tracking) as well as information on new home buyer behavior. Manufacturers can provide notification of product obsolescence and showcase products online when meeting with purchasing and design centers, resulting in improved communications with builders.
Participating builders include: Allen Edwin Homes, Beazer Homes, Brenson Communities, Capital Pacific Homes, Centex Homes, DeLuca Homes, David Weekley Homes, Elias Brothers, Ennis Homes, Fulton Homes, Generation Homes, Gold Medallion Homes, Kimball Hill Homes, KB Home, Lennar, MHI Homebuilders, M/I Homes, Reynolds Plantation, Ryland Homes, Pioneer Homes, Standard Pacific Homes, Toll Brothers Homes, Trendmaker Homes and WCI Communities.
For more information visit www.newhometechnologies.com.
About Builder Homesite and New Home Technologies Builder Homesite, Inc. and its subsidiary, New Home Technologies, were both founded with the same mission – to bring homebuilding industry leaders together to develop world class technology solutions. Builder Homesite is a consortium of 38 of the nation’s largest homebuilders and its flagship product is NewHomeSource.com, a consumer website offering the Internet’s most comprehensive information and selection of new homes. In 2003, Builder Homesite founded New Home Technologies, a subsidiary consortium of new homebuilders and product manufacturers to focus on solutions along the homebuilding supply chain. The first of these tools is Envision – an integrated and standardized online new home design options management solution.
For more information, visit www.builderhomesite.com or contact:
- Eleanor Bowman