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Analyzing the Market with Your Peers
Welcome to GuildQuality’s Mid-Year 2024 Market Analysis! We’ve transitioned from our usual quarterly updates to a comprehensive mid-year review, offering a broader perspective on the home services industry.
Our analysis combines extensive data from customer surveys and market research to provide you with actionable insights and forecasts. We will continuously amend this report to suit our community’s evolving interests and needs, ensuring you stay informed and prepared for what lies ahead.
Download the Full Report
A Glimpse Into the First Half of 2024:
Here are a few key takeaways from this quarter’s analysis:
- Increased Cautiousness: While 2024 continues to show higher optimism about the future state of the market compared to 2023, Q2’s negative sentiment rose by 4%, and positive sentiment dropped by 3%. This indicates a more unsettled, cautious outlook. Unsurprisingly, many respondents attributed their attitude shift to the upcoming election, which often correlates with lower consumer confidence due to increased uncertainty.
- Tech Adoption: AI and automation are no longer optional. Companies integrating these technologies are seeing significant improvements in efficiency and customer satisfaction.
- Maintain Strategic Marketing Strategies: Companies that continue investing in strategic marketing, especially on social media, are experiencing better brand awareness and more qualified leads. Conversely, those who pulled back this year have struggled to maintain a strong online presence.
Why Download Our Mid-Year 2024 Report?
At GuildQuality, our mission is clear: to empower your success through comprehensive data and analyses. With decades of industry expertise and cutting-edge AI capabilities, this report harnesses your invaluable feedback, transforming it into a robust resource for informed decision-making.
Partner with Us: Schedule a demo to explore GuildQuality’s performance analytics, Google review collection process, and more. Take charge of your industry insights and navigate the ever-evolving landscape of residential construction with GuildQuality as your trusted ally.
For the full report and detailed insights, download it here.
