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The AG Update: Ep. 48

Mar 13, 2020 1:30:00 PM

The effects of a booming economy on central station monitoring, the impact of coronavirus on the video surveillance market, a simple trick to raise your RMR further and much more...

AG Weekly 48

Links To Resources:

  1. How the Economy is Affecting Central Station Monitoring
  2. The Impact of Coronavirus on the Video Surveillance Market
  3. Raise Your RMR by Upselling Your Subscribers

Transcript:

How the Economy is Affecting Central Station Monitoring

The economy continues to grow strong. That’s great for the average person, but what does this mean for central monitoring stations?

A low unemployment rate means that it’s harder to find personnel that have the right expertise to hire, especially when it comes to developers and IT. Central stations should also consider a number of factors, including flexible schedules, to add extra incentive for potential employees.

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The Impact of Coronavirus on the Video Surveillance Market

China accounts for 90% of all security camera production with a worldwide market revenue of $19.9 billion in 2019. With Coronavirus causing halts in manufacturing, the market could face a significant drop.

China has 54% of all 770 million surveillance cameras in the world. That just goes to show how much is truly at risk in the security industry.

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Raise Your RMR by Upselling Your Subscribers

A customer may be content with the current product they have, but finding out how to make their devices even more efficient for their lives is where upselling comes into play.

Is there a way to make your service easier to interact with? Sometimes subscribers may not be fully aware of what their product is capable of, and upselling is a great way to show them.

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