Strong Market Position Latham, The Pool Company stands as the leading designer, manufacturer, and marketer of inground residential pools across North America, Australia, and New Zealand, with revenues between 500 million and 1 billion dollars. This prominent market position indicates substantial sales opportunities in these regions and a solid client base for potential upselling and new product offerings.
Innovation & Awards The company's recent recognition for its innovative products and technology updates, such as the 'Most Innovative Product for Retailers' award at the 2024 International Pool Spa Patio Expo, suggests a strong focus on product differentiation. Sales teams can leverage this innovation to attract new retail partners and differentiate offerings in a competitive marketplace.
Technology Integration Latham's deployment of AI-powered measuring technology updates and firmware enhancements for its Measure by Latham Pools system highlights a commitment to technological advancement. There is an opportunity to cross-sell or upsell related smart pool management solutions and digital tools to existing customers eager to adopt innovative pool technologies.
Leadership Transition The upcoming appointment of a new CEO, Sean Gadd, alongside recent strategic leadership changes, signals potential organizational growth and new strategic directions. This scenario offers avenues for engaging with decision-makers who may be looking for new partnerships, product integrations, or expanded service offerings during leadership transitions.
Collaborative Opportunities Latham's recent partnership with Hire4wservices and its active participation in industry expos demonstrate openness to collaborations and expanding distribution channels. Business development efforts can explore joint ventures, strategic alliances, or promotional partnerships to increase market penetration and drive new revenue streams.