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| Mike Detmer is global vice president for the residential and light commercial markets at
LED lighting manufacturer NuLEDs. He can be reached at mdetmer@nuleds.com. |
What if I told you that there’s a market
segment you could be addressing today
that is growing faster than the housing
market did in the mid-2000s? Those of
you who have aging parents or loved ones
that need care at home are probably
more familiar with this topic than me.
However, since my wife specializes in
elder law I frequently hear of situations
involving the aging population that, if
approached creatively, will open a whole
new set of clients for residential systems
integrators like you. And in the process
provide much needed solutions for those
in need.
To learn more about the topic I
contacted Ric Johnson, CEO of Right@
Home Technologies Ltd. Ric is a subject
matter expert on aging-at-home technologies and is intimately familiar
with the topic from personal experience. To help care for his own father
with early onset dementia, Ric utilized his DHTI+ skills (see “More
Online” below) to enhance his dad’s life while providing peace-of-mind for
himself and other family members. In our conversation, Ric emphasized
that his business in the elder systems integration market segment continues
to grow, and he encouraged other integrators to expand their reach into
it as well.
Understand Unique Client Needs
Like any sale, understanding your clients’ needs is paramount to
developing and selling the appropriate solutions. Ric views the agingat-
home clients’ and their caregivers’ needs residing in three basic silos:
monitoring, communication, and special needs. So in the fact-finding
portion of the sale ask questions pertaining to these silos. Some examples
might include what type of monitoring is required, what communications
systems are best to keep the elderly person in touch with loved ones and
stimulated but can block them from unwanted solicitations, and which
people need to be informed regarding routine activities and in case of
emergencies.
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| Get to know the unique needs of both the elders and their caregivers. Like any sale, understanding your clients’ needs is paramount to developing and selling the appropriate solutions/products. |
Research Hardware and Software Options
Familiarize yourself with the technologies available to solve the elders’ and
caregivers’ challenges. There are both hardware and software solutions
geared specifically for the aging-at-home market. Some from mega firms
like Philips and others, like GrandCare, that offer prepackaged solution
sets. But many of the systems you already know can be configured to do a
lot of the work. I’ll bet that your local Control4, Crestron, Elan, HAI, or
Savant sales rep can arrange a presentation to bring you up to speed on
what each has to offer. Plus, to stay informed, you can always subscribe to
blogs from sites like ageinplacetech.com and agetek.org.
Let Them Know You’re There
Introduce yourself to the elder community. Just like architects refer you
to residential clients, an elder attorney, financial planner, priest, minister,
or rabbi can introduce you to aging clients and their caregivers. Why not
reach out to a few and let them know what you can do. There are a few
organizations that you can contact in your market. For instance, The
National Academy of Elder Attorneys (NAELA) has 4,000 members. You
can find ones near you from their web site: naela.org. Or, try searching
“Aging at Home” on the AARP website. You’ll find a couple thousand
hits that are bound to get your creative marketing juices flowing. Lastly,
try an elder community in your area by Googling “elder community” and
you’ll be amazed that some of the builders you know are diving into this
growing market segment.
A recent report from the AARP Public Policy Institute showed that
nursing home occupancy rates have remained nearly constant in the last
five years, even though the elder population has increased. It insinuates
more of the elder community would rather age-at home. In providing elder
care at home, family caregivers hope
to contain costs by avoiding the use
of nursing homes and hospital care.
So it only makes sense that part of
the age-at-home value proposition
includes technology-based solutions
that you can be installing.