Repair
& Remodel Segment Scott Neidow
R&R Regional Segment Manager
David Donofrio
Director, Products & Segments
Investor/Analyst USA Tour
10 & 11 September 2012
Exhibit 99.8 |
Market/Strategy Review
James Hardie R&R Execution Update
Summary/Go Forward
Questions
AGENDA
®
|
Repair
& Remodel Market Overview |
4
Source: NAHB
Total Value in USD
R&R OPPORTUNITY VS. NEW CONSTRUCTION
New
Construction,
28%
Repair &
Remodeling, 72%
2012
New
Construction,
27%
Repair &
Remodeling, 73%
2010
New
Construction,
50%
Repair &
Remodeling, 50%
2006 |
R&R
SEGMENT STRATEGY RECAP
Vinyl
standard
markets
-
Switch
the
preference
from
vinyl
to
fiber
cement by directly communicating the benefits and affordability of
James Hardie
®
to the Consumer
James
Hardie
®
standard
markets
-
Switch
the
preference
to
James Hardie
®
differentiated products by directly communicating the
benefits
and
affordability
of
James
Hardie
®
to
the
Consumer
Through a network of aligned contractors
Focused on the top 20 US markets by opportunity
|
OBJECTIVES
Getting into the consumers living room via education, contractor or
both
Growth from vinyl (market share gains in the north)
Growth in category share becoming the preferred fiber cement
siding in the R&R Segment
Shift the market to James Hardie
full wrap siding with ColorPlus
technology,
trim & differentiated products
®
®
|
TACTICS
Building an organizational competency around the Repair and
Remodel segment
-
R&R Segment Managers
-
Dedicated R&R sales force (continue to grow rep force)
Creating the market standard
-
Neighborhood targeting
-
Consumer demand creation
Developing
a
network
of
James
Hardie
®
Contractors
-
Preferred & ACP (Associate Contractor Partners) across the country
-
Contractor programs and education
-
Business building tools, sales and marketing support
|
Repair
& Remodel Execution Update |
R&R
PROGRESS UPDATE
Vinyl standard markets
James Hardie standard markets
Contractor Partnerships
|
Vinyl
Standard Markets |
VINYL
STANDARD MARKETS Vinyl Substitution Model
Neighborhood
approach
Convert
neighborhoods
to
Hardie
standard
Concept
Setting the neighborhood standard
Hardie value delivered into the home thru aligned network of
contractors
Tangible value for both homeowner and contractors
|
VINYL
STANDARD
MARKETS
VALUE
YOU
CAN
SEE
Vinyl Siding
James Hardie Siding
® |
DRIVING
THE STANDARD Well Established
Battleground
Vinyl
Hardie
Vinyl
Neighborhood |
14
Districts Included:
Target Vinyl Markets
VINYL MARKETS & CONTRACTOR PARTNERS |
CONTRACTOR ATTACHMENT IN KEY MARKETS
District
Technology
Attachment
HardieTrim
Attachment
Target Market 1
Target Market 2
Target Market 3
Target Market 4
Target Market 5
Target Market 6
Target Market 7
Target Market 8
ColorPlus
® |
James
Hardie Standard Markets |
HARDIE
STANDARD MARKETS
Contractor Approach
acquire and grow contractor base
Concept
deliver on our brand promise to the consumer
Hardie value delivered into the home thru aligned network of contractors
Building a better business model for the contractor
Contractor conversion model |
HARDIE
STANDARD MARKETS |
HARDIE
STANDARD MARKETS |
CONTRACTOR ATTACHMENT IN KEY MARKETS
Region/Member
Technology
Attachment
HardieTrim
Attachment
Target Market 1
Target Market 2
Target Market 3
Target Market 4
ColorPlus
® |
HARDIE
STANDARD MARKETS SUMMARY
James Hardie
Siding is already the durable solution
Not as far down the road in Hardie standard markets, we have
spent our time primarily focused on converting vinyl markets
Fragmented base of Repair & Remodel contractors
®
Long term performance vs. short term aesthetics |
Contractor Partnerships |
JAMES
HARDIE CONTRACTOR PROGRAMS Our Objective is to develop a productive and mutually
beneficial partnership, with Replacement Contractors & Remodelers looking to
create a competitive advantage in the marketplace selling James
Hardie Products.
Provide access to the following:
®
Job-site safety and installation best practice training
Product knowledge & communication
Selling tools and resources
Marketing and lead generation tools
Tracking mechanisms to measure success |
WORLD
CLASS LEAD MANAGEMENT Weve
partnered
with
Salesforce.com
®
to
offer
our
Preferred
Remodelers:
Best in Class Lead
Management
A Proven, Easy to Use
Website
One-Stop Shop for:
-
Leads
-
Job Tracking
-
Customer Surveying
-
Marketing & Sales Tools
-
Training & Education |
GUILD
QUALITY MEMBERSHIP Professional customer satisfaction surveying and
reporting. Surveys of all James Hardie
Jobs Paid For by James
Hardie!!
(for Preferred Remodelers) |
GENERATE
QUALITY LEADS Postcards
Door Hangers
Yard Signs
The Marketing Zone Website allows you to:
Select from a number of options for co-branded door hangers, yard
signs, and postcards
Upload or create a new mailing list; filter the list to meet your needs
Order, mail, and pay right online, using your credit card
|
JAMES
HARDIE IFRAME
20+ Pages of James
Hardie website content
Embedded into your
website so your
customer never leaves
your site
Can be added to your
website in 30 minutes
Always up-to-date
No cost to you!
For more information, contact
iframe@jameshardie.com |
JAMES
HARDIE MICROSITE & PAID SEARCH
Customized 15-Page Microsite
Fully optimized (SEO) for local organic search
Leads collected from a contractors page go into their account on
SF.com
(www.remodeler.jameshardie.com/JoesContracting) |
JAMES
HARDIE PARTNER UNIVERSITY Continuing Education Learning Modules
Short Online Training Courses Include:
Lead Generation 101 & 201
How to Sell James Hardie
®
Siding
A 10 Step Selling Process
Objection resolution techniques in the home
James Hardie
®
Siding Installation Best Practices
-
General Installation Requirements
-
Critical to Quality Requirements
-
Cutting 101
-
Plank Install 101
-
Trim Install 101 |
TOTAL
PROGRAM MEMBERS (PRP & ACP) Q4FY11
(Pre-ACP)
Q1FY12
Q2FY12
Q3FY12
Q4FY12
Q1FY13
Total Program Members |
JAMES
HARDIE CONTRACTOR SUMMIT (FY12)
3 Days (January FY12)
130 Companies
6 Professional Speakers
Business Planning
Lead Generation
Differentiating Your Business
In-Home Selling
Non-Compete Advisory Groups
4 Breakout Sessions
This was an amazing event. It will definitely affect the way we do business
going forward!
Legacy Exteriors
99.8%
99.8%
Rated their experience at
the Summit Excellent! |
Summary and Go Forward |
Vinyl market strategy is working; neighborhood approach and
contractor acquisition is being executed and we continue to add
field resources in key markets
Organizational shift away from top 20 focus only, adding new
markets, additional field resources
Continued focus on contractor acquisition and contractor
development, FY13 ACP Summit for 250 contractors, Feb FY13
JH R&R SEGMENT SUMMARY AND GO FORWARD |
34
Further development of James Hardie contractor programs, lead
generation, contractor websites, consumer financing programs,
hyper local marketing
Hardie standard markets slower to convert than anticipated.
Increased focus and field resources
Continue
to
refine
and
test
our
approach
in
James
Hardie
®
standard
markets, prove long term value and better performance of a home
featuring
ColorPlus
®
technology
over
a
site-painted
home
JH R&R SEGMENT SUMMARY AND GO FORWARD |
Questions |