Activating business models for condominium renovations: Identification of viable business models for Integrated Home Renovation Services for condominiums in the Netherlands and Flanders
January 2024
How can the business models of current integrated home renovation services (IHRS) accelerate highly energy-efficient renovations by homeowner associations? This report sheds light on the current state and operation of IHRS in Europe with a focus on the viewpoint of the Netherlands and Flanders.
Five business models of CondoReno project partners were analyzed and compared in terms of the following aspects:
- Customized energy renovation package offerings according to customer segments – addressing the specific needs of homeowner associations
- Channels used
- Customer relationships
- Key resources
- Key activities
- Key partners
- Revenue/value streams and cost structure
The report concludes with recommendations for developing a viable integrated home renovation services business model targeting homeowner associations.
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