Here what you will discover in this episode of the Marketing 4 Business Podcast:
- Mike’s MBA background helped him analyze the property market, leading to CBS’s formation, which boasts over 1,000 shareholders and is a major building materials buyer in New Zealand.
- CBS has delivered significant savings to shareholders and has room for growth in the construction industry.
- Joining a co-op is beneficial, especially in tough economic times, providing a strong support network.
- Challenges in the construction industry, like supply chain constraints and inflation, may lead to a decline in the coming year.
- Adaptation to market changes is crucial, especially for homeowners and builders dealing with repairs and rebuilding.
- Success in construction requires hard work, client relationships, and tailored marketing for different target markets.
- The construction industry values mindset, peer groups, and open communication.
- CBS’s success stems from suitable business partners, hard work, market understanding, and continuous evolution.
This conversation underscores the significance of robust relationships, adaptability, and collective bargaining via cooperatives like CBS.
