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Major Markets
Key Competitors
Modernize positions itself as a dual-sided marketplace and lead generation service, simplifying home improvement for homeowners by connecting them with vetted professionals, while providing pre-qualified leads and marketing solutions for contractors.
Customer sentiment appears positive, as Modernize addresses key frustrations for both homeowners (finding reliable pros) and contractors (acquiring quality leads), fulfilling a critical market need for streamlined connections.
Modernize's core value proposition is providing qualified lead generation for home improvement professionals and simplifying the contractor search and project planning process for homeowners. It acts as a trusted intermediary, driving successful connections and outcomes for both sides of the market.
Dual-sided marketplace connecting homeowners and pros.
Robust lead qualification process, 40k+ weekly leads.
Customizable programs for contractors based on revenue.
Pricing model for contractors not explicitly stated.
Reliance on digital channels for lead generation.
Potential for strong competition in the market.
Expand into new home service trades and regions.
Enhance data analytics for better lead quality and ROI.
Develop stronger financing options integration.
Intense competition from established platforms.
Economic downturns impacting home improvement spending.
Changes in digital advertising regulations.
Modernize primarily targets the US market, with minimal global presence currently. Expansion opportunities exist in other developed home improvement markets.
United States
99.8% market share
Canada
0.1% market share
United Kingdom
0.05% market share
Australia
0.03% market share
Germany
0.02% market share
35-65 years
Male • Female
United States
50-75 years
Male • Female
United States
25-45 years
Male • Female
United States
30-65 years
Male
United States
35-65 years
Male • Female
United States
Data shown in percentage (%) of usage across platforms
Implement an interactive ROI calculator on the Modernize website, allowing both homeowners and contractors to estimate the potential return on investment from using the platform. This will increase engagement and provide tangible value, showcasing the potential benefits of Modernize for both target audiences.
Learn moreCreate comprehensive buyer's guides for various home improvement projects, detailing costs, considerations, and contractor selection criteria. This will establish Modernize as a trusted authority, attract organic traffic, and educate homeowners, leading to increased lead generation and higher-quality contractor matches.
Learn moreDevelop personalized onboarding experiences for both homeowners and contractors, guiding them through the platform's features and benefits based on their specific needs and goals. This will improve user engagement, reduce churn, and drive higher conversion rates by showcasing the value of Modernize early on.
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