Lessen Advantage Marketplace: Reduce Margin Compression this HVAC Season
HVAC season is here and property owners, facility managers, and maintenance companies are bracing for inevitable margin compression, when the cost of delivering a product or service increases faster than the revenue it generates. With demand for HVAC services rising with summer temperatures, it's crucial to find savings where you can. One of the most effective strategies to do just that is leveraging a partner with exclusive relationships and access to deep discounts. That’s where our new platform Lessen Advantage Marketplace can help. Now you’ll have access to deep discounts on HVAC products and thousands of other items from trusted home improvement suppliers like Lowe's, Sherwin Williams, and Goodman.
The importance of savings during HVAC season
And Lessen Marketplace couldn’t arrive at a better time because finding more effective cost-savings measures is more important than ever. Margin compression is a common challenge for facility managers and maintenance companies during peak HVAC seasons. The current inflationary environment doesn’t help. As a result, the average profit margins for HVAC companies dropped by 3-5% in 2023, according to (Motili). In fact, the average profit margin for an HVAC business is now between 2.5% and 5%, with the top HVAC companies earning between 10% to 25% profit margins. (SBE)
Despite those earnings, the HVAC industry also experienced a significant rise in costs last year. Material costs increased by an average of 12%, and labor costs rose by about 8% due to inflation and labor shortages. Both are expected to rise throughout 2024, driven by ongoing supply chain disruptions and regulatory changes. For example, new SEER2 energy efficiency standards spiked HVAC equipment prices between 15% to 25% in 2023 alone (Motili) (Motili).
How Lessen Advantage Marketplace can help
Now you can discover significant cost savings on HVAC products and thousands of other items from trusted home improvement suppliers like Lowe's, Sherwin Williams, and Goodman with Lessen Advantage Marketplace. Our new solution protects margins and ensures a profitable season, no matter what the market conditions.
Rely on immediate relief with Lessen’s exclusive and substantial discounts on essential HVAC products and materials. With access to thousands of products online, you can save up to 50% compared to what you’ll find at leading retail outlets.
Simplify your operations
Marketplace also unlocks procurement services, reducing the time and effort you spend on sourcing and purchasing. That means you can save time on store visits, vendor negotiations, and credit applications by centralizing your purchasing and accessing exclusive rates. Lessen’s streamlined approach ensures that you can focus on what matters most: maintaining and growing your business.
Trusted Suppliers for Significant Savings
With Lessen, you get deeper discounts with negotiated preferred prices across leading suppliers. Whether you're looking for HVAC systems from Goodman, paint from Sherwin Williams, or appliances from Lowe's, Lessen Marketplace offers unbeatable discounts, including savings at:
- Goodman HVAC Systems: Save up to 49%
- Lowes Exclusive Microwaves: Save up to 41%
- Whirlpool Refrigerators: Save up to 41%
- Sherwin Williams Paints: Save up to 81%
- Delta Bathroom Faucets: Save up to 24%
- Eaton Electrical Outlets: Save up to 23%
- InSinkErator Garbage Disposals: Save up to 33%
Comprehensive Solutions for Your Business
In addition to deep discount savings on products and materials, with Lessen Marketplace you also enjoy preferred rates on financial products, including general liability, auto, and workers' compensation insurance, as well as bank financing. Save valuable time and secure the best rates with simplified applications and reporting processes.
For example, Lessen gives you access to financial opportunities like the Employee Retention Tax Credit (ERTC, a federal program designed to support small and medium-sized businesses that offer significant financial relief. By partnering with Lessen, you can streamline the application process for both these credits and other financial products.
Why Lessen?
Lessen is one of the largest providers of fully managed and on-demand property services across over a million properties, completing over 3 million work orders annually. Lessen offers unmatched purchasing power that translates into real savings for your business with a network of 30,000 vetted, qualified vendors across 100 metropolitan markets.
Ready to save this summer?
Don't let margin compression eat into your profits this HVAC season. Partner with Lessen to access significant savings and unleash a competitive edge with Lessen Advantage Marketplace. Connect with one of our experts.