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SingleOps report reveals economic benchmarks for green industry

January 30, 2020 -  By

SingleOps completed a study of the North American green services industry.

A key takeaway from the study, the first of its kind from SingleOps, is that proposals sent to customers by landscaping and tree care companies in the U.S. and Canada are accepted, on average, 63 percent of the time.

The SingleOps Green Industry Economic Report includes data from hundreds of thousands of one-off landscaping and tree care jobs proposed by companies using SingleOps’ platform in 2018 and 2019. Examples of one-off jobs include the removal of a fallen tree, storm clean up, a flower bed installation or the construction of a retaining wall.

In 2019 alone, green industry companies across the tree care and landscaping industries bid a total of 398,223 jobs for a value of $817,830,550. A total of 225,496 of those jobs were accepted by customers, for a total value of $443,760,817.

In the tree care vertical, 55 percent of proposals were accepted by customers, representing 46 percent of the total proposed job value. Tree care jobs in 2019 had an average value of $1,759 and a median value of $800 compared to an average value of $1,980 and a median value of $708 in 2018.

In the landscape vertical, which includes general landscaping, landscape design/build, landscape maintenance, landscape supply and lawn care, proposals were accepted by customers 64 percent of the time, representing 44 percent of the total proposed job value. Landscape jobs in 2019 had an average value of $1,558 and a median value of $577 compared to an average value of $2,324 and a median value of $1,000 in 2018.

“We know from talking to our customers that they’re paying very close attention to proposal acceptance rates and job values, which are leading indicators of the health of green industry businesses,” said Sean McCormick, CEO of SingleOps. “Our goal in reporting these figures is to give tree care and landscaping companies insight into acceptance rates and job values nationwide, so they can measure themselves against their peers and assess if and what changes need to be made in order to grow revenue and increase productivity.”

“We know there are tangible things green industry companies can do to improve acceptance rates and job values, including automating various aspects of the bid, project management and billing processes,” added McCormick. “We can tell from the high level of interest in our product that green industry companies believe this as well.”

The full report can be viewed below.

Report created and provided of SingleOps.

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