Fibreglass pool manufacturer introduces co-operative initiative
by tanya_martins_2 | August 5, 2024 2:45 pm
[1]This innovative business model will empower dealers and installers by giving them ownership and a direct stake in the success of the manufacturing process. Photo courtesy Imagine Fiberglass Products Inc
Imagine Fiberglass Products Inc., an Ontario-based manufacturer, has initiated a co-operative business model for its fibreglass swimming pool division.
This innovative business model will empower dealers and installers by giving them ownership and a direct stake in the success of the manufacturing process.
Some benefits offered for cooperative members are:
Ownership and decision-making—Members actively participate in shaping the future of the co-operative, including product design, manufacturing processes, and strategic direction.
Increased income potential—The model aims to democratize profits, allowing members to earn significantly more than traditional dealer/installer arrangements.
Profit sharing—Members will receive significant Patronage Dividends directly related to their purchase volume.
Enhanced collaboration—Members benefit from shared knowledge, resources, and support.
The decision was made after seeing how the co-operative model has been a proven success in various other sectors.