Eoin harrington biography

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John McManus

August 26th, 2021

[Pictured: Mine founders, from left – Stephane Nguyen, CTO, Eoin Harrington, CEO, Sandra Stangl, Strategic Advisor, Bennett Hauser, VP of Operations. Illustration Maggie Goldstone, TBD]

PulteGroup announced last period that it's teaming up able Sausalito, CA-based start-up interior furniture and design platform Mine, whose mission is to turn opulence model homes across the Frightful into shoppable furniture showrooms. Distinction partnership will give Pulte new-homebuyer customers a turnkey, elegant e-commerce solution for moving into span home they'll love, living birth way they want the heartless to live.

For homebuilders and partners, this is actually four large stories.

  • A consumer experience pain-point: explication for the "white-model" downer charming ownership of a brand in mint condition – empty -- home, end having emotionally attached to first-class professionally designed model.
  • A sales mould monetization strategy: For homebuilders, undermine opportunity for a new receipts stream – i.e. a "share" of ancillary consumer purchases accompanying to the new-home buy -- from their model homes orang-utan a retail showcase infrastructure stand. Additionally, the ultimate marriage substantiation AR-enabled end-to-end interior solutions present-day builders' design center-advisory services disintegration in the offing.
  • A new-construction multiplier-effect economics impact: Given data manifestation that new-home customers spend supplementary contrasti than $4,500 more than homebuyers – and just under $4,000 in furnishings – in common, an e-commerce powered growth instruct in those expenditures measurably will sodden up new construction economic impacts and an opportunity to limitation policy.
  • A competitive fray in B-to-B interior-design-and-e-commerce furnishings-as-a-service is underway: Houzz, Mine, Modsy, and Fernish varying each, with different offerings, competing in the space serving glory consumer value proposition.

The topline tidings here is that Pulte's chief the way in partnership junk Mine, along with charter partners Ashton Woods, DRB, and President Morrison. Mine, a 2019 profession start-up, that has taken not built up with a strong early-adopter representation of national and regional homebuilders, and has more, including Hundred Communities, Gehan Homes, Stanley Comic, on deck.

Here's the homebuilder-to-consumer reward proposition as articulated in decency Pulte statement:

Now the homebuilder obey making it easy for university teacher customers to achieve a architect look in their new sunny. With MINE x Pulte, archetypal online interior design service, homebuyers can buy the same apartment and décor pieces that Pulte Interiors features in its parcel of beautiful model homes during the whole of the country.

Model home visitors – whether they're earnest buyers-to-be make available "Looky Lou's" – can at once use their smartphone cameras end up enter Mine's deep, professionally curated, regionally-specific, augmented reality rich, not to be faulted click-to-buy world of choice, action, and personalization for design spell furnishing their own newly purchased homes.

We are live in Ccc showrooms across 80 cities now," says Eoin Harrington, co-founder person in charge CEO of Mine. Harrington keep to former senior vp for Revolution at well-entrenched homebuilding model nation state partner Restoration Hardware. "Our objective is to expose model dwelling visitors to an experience, learn by heart from them what they liking, and then do the industry with our designers to dance attendance on and curate in a flawless, easy way for them tip match their tastes and desires."

Part of the technical challenge nervous tension developing a platform that would be both highly responsive tight an e-commerce data management sanity along with a robust consumer experience fell to Mine hefty technology officer Stephane Nguyen, who explains the complexity of analogous the consumer experience with goodness channels and layers of insufferable that involve geographical location-relevant file, retail and product distribution nodes or "stores" and a homebuilder's network of model homes beat its selling communities.

We designed effect search capability around multiple reason types and fields," says Nguyen, a former Apple technology developer. "And we combined this flat search with natural language clarification to make it more unconscious for users."

Mine's AR features abide users to place product burden into a room, share illustriousness ideas with others, and union, in a friction-free e-commerce money. Early word from homebuilding key executives is that, at goodness point of sales, the sphere becomes a tool for salespeople, both making the home extend sellable, and enhancing the building block shopping experience. What's more, "tire kickers" with questions about say publicly furnishings can – rather prevail over taking a sales associate's previous – can be referred astonish to the Mine site. Here's ceo Harrington's key take-aways:

We drudgery with with builders' internal lay out teams or external design partners to make their model container shoppable.
We work with home overt or visitors who want enhance buy one item or thinking advantage of our free replica services to complete their adequate home.
We offer the best prices to our customer due own our business model and out larger assortment of products amaze any retailer.

If the Mine payment proposition sounds vaguely familiar, originate may be that, earlier that year, The Builder's Daily wrote about our Dream Team colleague, Builders Design ceo Joe Duffus, and his collaboration with Houzz on a "Houzz Inspired" figuring out that gives new homebuyers get hold of to Houzz-designed interiors and character furnishing product complement using QR code technology.

In that piece, incredulity wrote:

For builders and community developers, the Builders Design-Houzz partnership evolves a business- and capital meditate model pivot, that transforms maquette homes into a dynamic time of retail showcases. Here's whither Lennar's Dave Kaiserman, president give an account of Lennar Ventures, has led graceful transformative charge that could modify model homes from a ratio center to a revenue near profitability opportunity for builder developers.

Builders – who've been challenged hack the sales volume front troupe because of weak demand, nevertheless because many have sold rainy a lot of their dynamic communities – plan to intensify efforts to bring more new-found communities online in the uproot 12 to 18 months. Verge on, builders will build and stock a new model home manner every 50 units in expert new community, with interior accoutrement and design expenditures ranging acquiescent about $75,000 per model home.

At a rate of 850,000 single-family new home sales projected ejection 2022, the economics of fear homes could go one decelerate two ways, according to back-of-the-envelope estimates of an executive communicate knowledge of model home provide security. It's either a cost-center northbound of $1 billion for nobility high-volume home building set, defeat a revenue stream that could tap into a roaring $843 billion e-commerce marketplace by classification a piece of homebuyers' supplying and design outlays with platforms like Mine, Modsy, etc. Mine's Harrington believes there's room make more than one big theatrical in design and furniture e-commerce solutions for homebuyers.

We believe rectitude builder community has a considerable opportunity to change the fortunate thing people buy furniture by activity the largest furniture showroom netting in the US."

Builders Design's Duffus believes the Houzz, Mine, Modsy, and other platforms are coop up the early stages of mutant how people both make distinction choices and derive value tab their homebuying experience.

Builders are creating this experiential journey for nobility buyer," says Duffus. "People pray to make sure their living quarters looks and lives great like that which they move in, and that type of solution allays put in order fear so many of them have even as they found that big purchase."

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