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The AG Update: Ep. 27

Oct 4, 2019 8:02:00 AM

Top security market trends, how to increase RMR, Apple Watch calls 911 after bike crash, and more...

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Links To Resources:

  1. How to Increase Your RMR
  2. Doing More to Protect Your Home with Smart Lights
  3. Apple Watch Calls 911 After Bike Crash

Transcript:

How to Increase Your RMR

Increasing your recurring monthly revenue can help your company succeed. Here are some tips on how to achieve that:

First, up your price. If you increase pricing by a small percentage to start, you might lose some customers, but the overall increase in RMR will make up the difference. Also, consider having your customers sign annual contracts.

For our last tip, look to sell upmarket. Selling to bigger companies, as well as up-selling to your current customers, will allow your company to grow.

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Protecting Your Home with Smart Lights

There are a variety of ways to protect your home, from setting up video cameras to installing a professional alarm system. But another simple way to amp up your security is by using smart lights. Through connecting devices you already have in your home, smart lights can be scheduled to turn on while you’re away.

You’re also able to trigger security cameras and other motion sensors as someone approaches your property, keeping you safe whether you’re away or at home.

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Apple Watch Calls 911 After Bike Crash

Apple’s new watch detects when the user has taken a hard fall. A real life example of this happened on September 15th, when a man riding his bike took a sharp curve going downhill, causing him to fall off his bike. The crash rendered him unconscious, but his Apple Watch called 911 when it detected no movement after sixty seconds.

The watch also sent his location to his son, who was set up as an emergency contact. Through fall detection technology, the man was able to get treatment within minutes, and has since been discharged from the hospital with minor injuries.

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