{"id":109840,"date":"2021-03-18T01:28:32","date_gmt":"2021-03-18T01:28:32","guid":{"rendered":"https:\/\/fin2me.com\/?p=109840"},"modified":"2021-03-18T01:28:32","modified_gmt":"2021-03-18T01:28:32","slug":"angies-list-is-rebranding-as-a-one-stop-shop-for-home-improvement-services","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/angies-list-is-rebranding-as-a-one-stop-shop-for-home-improvement-services\/","title":{"rendered":"Angie&#x27;s List is rebranding as a one-stop shop for home improvement services"},"content":{"rendered":"<ul>\n<li>Angie&#x27;s List has rebranded, revamped its website and launched a new app as it looks to further penetrate the home services industry.<\/li>\n<li>The company wants to offer consumers a single platform to connect with contractors, book and make payments.<\/li>\n<li>&quot;This is a huge market \u2026 It&#x27;s everything you need done inside your home,&quot; he said in a &quot;Mad Money&quot; interview. &quot;This is an enormous market. It&#x27;s unbelievably broken.&quot;<\/li>\n<\/ul>\n<p>The internet service company known as Angie&#x27;s List has rebranded, revamped its website and launched a new app as it looks to further penetrate the home services industry.<\/p>\n<p>Under its new name, Angi wants to smooth out the home renovation process by offering consumers a single platform to connect with contractors, book and make payments. The opportunity has an addressable market of $500 billion, CEO Oisin Hanrahan told CNBC Wednesday.<\/p>\n<p>&quot;This is a huge market \u2026 It&#x27;s everything you need done inside your home,&quot; he said in a &quot;Mad Money&quot; interview. &quot;This is an enormous market. It&#x27;s unbelievably broken.&quot;<\/p>\n<p>The holding company changed its name from ANGI Homeservices to Angi Inc. It&#x27;s portfolio of services includes HomeAdvisor, Handy, Fixd Repair and HomeStars.<\/p>\n<p>Planning an improvement project can be stressful for the average homeowner, from finding a professional for the job to negotiating prices to figuring out financing for costly work. Hanrahan said Angi was designed to help streamline a job by letting consumers handle everything in one place.<\/p>\n<p>&quot;There&#x27;s so much friction in the buying process,&quot; said Hanrahan, putting emphasis on the importance of the customer experience.<\/p>\n<p>Angi said it has 250,000 businesses for hire on its platform, which was used by more than 18 million U.S. households last year.<\/p>\n<p>And with homebound consumers looking to remodel their living situations amid the pandemic, Angi saw double-digit growth in 2020. The company reported about $1.47 billion in revenues for the year, up 10.7% from 2019.<\/p>\n<p>&quot;If we make that experience unbelievably easy by supporting our pros, giving them great work, then our customers will keep coming back,&quot; he said. &quot;We&#x27;ll see us really change the category from one that&#x27;s incredibly fragmented to one that&#x27;s much more consolidated.&quot;<\/p>\n<p>Shares of Angi fell 1.74% on Wednesday to close at $16.33 per share.<\/p>\n<p>Questions for Cramer?<br \/> Call Cramer: 1-800-743-CNBC<\/p>\n<p>Want to take a deep dive into Cramer&#x27;s world? Hit him up!<br \/> Mad Money Twitter &#8211; Jim Cramer Twitter &#8211; Facebook &#8211; Instagram<\/p>\n<p>Questions, comments, suggestions for the &quot;Mad Money&quot; website? madcap@cnbc.com<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/03\/17\/angies-list-rebrands-as-one-stop-shop-for-home-improvement-services.html\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Angie&#x27;s List has rebranded, revamped its website and launched a new app as it looks to further penetrate the home services industry. The company wants [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":109839,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Angie&#x27;s List is rebranding as a one-stop shop for home improvement services - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/angies-list-is-rebranding-as-a-one-stop-shop-for-home-improvement-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Angie&#x27;s List is rebranding as a one-stop shop for home improvement services - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Angie&#x27;s List has rebranded, revamped its website and launched a new app as it looks to further penetrate the home services industry. 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