Integrators can instantly add recurring monthly revenue (RMR) by selling and monitoring dog or cat collars with GPS built in to them. Dealers can take it a step further to sell (and record) video images from pet collars.

It’s estimated there are 70 million to 80 million dogs and 74 million to 96 million cats in the United States. About 37 percent to 47 percent of all households in the United States have a dog, and 30 percent to 37 percent have a cat.
For integrators who are already offering monitoring services for security intrusion, carbon monoxide, fire detection, video surveillance, energy management, home networking and home automation, adding the ability to monitor your clients’ pets seems like a no-brainer.

At the CE Pro Summit in Orlando last week, that idea that was generated from one of the business roundtable/idea sharing sessions got audible gasps of excitement from the 150+ integrators in the crowd. Dealers proposed charging $10 per month for the service, based on a $5 per month fee from the central station.

Read the full article on CE Pro

Article Published By CE Pro on CE Pro, November 17, 2014

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