Exacq Fires Rep Firms

Published Jan 28, 2015 05:00 AM

The Tyco-fication of Exacq is gaining stream.

Exacq has fired multiple manufacturer representative firms. In addition, Tyco has implemented a number of cross-selling / favoritism tactics for American Dynamic cameras.

In this note, we examine these moves and what they mean for Exacq's competitive position.

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**** ******** ******* ****. **** ***** *** **** (specifically ***** ******** ******** **** ********) use *** *****. ** * ****** of *** ***********, **** *** *** two *********** *** ***** ** **** territories.

** *** **** ** *** ***********, Exacq ********:

"**** ****** ** *** **, *** did *** **** *** *****-** ********** in ***** *** ** **** ****** any ************* ** *** ***** *******."

Firing *** *****

***** *** ******* ** **** *** firms. *** **** ******* *** ******* of **** ** *****'* **** **** West ***** ****,** ****. ***** *** ***** *** ***** that **** **** ***** *** ** anticipate **** ** ** *****.

*** ********** ******* ** ** ** reduce *** ******* / ******** *** firms *** ** **** ******** ********** / ***** **** ***** ** ******** Dynamics ******* *** ***** *** / recorders.

** * *********, ***** ********* ** IPVM:

"***** *** **** **** ************* ** mfg. **** ** ********* ********* *** to ******** *************** ** * ********* and ** **** ** ****** *** our ****** *********** *** ************ ** do ******** **** **."

** * *********, **** ********* ** IPVM:

"***** *** ***** ***********, ** **** continually ********* *** *********** ** **** territory ** ****** *** **** *****-***-***** strategy. ** **** *********** ** **** stayed **** * ****-*** ********, ** have ************ ** ****** *** ** have **** ****** ** * ****** territory."

Tyco ***** *******

************, ******** ******* *** **** **** has ******** ********** / ****** **** cross-selling *** ****** ******** ******** ****** line **** *** ****** ***** ***. Considering **** *** ***** ** ***** runs ** *** $** ** $*** per ******* ***** ***** ******* **** from $*** ** $*** *****, *** incremental ******* ********** ** ***********.

******, **** *** **** ******** **** licenses ** ***** ** ** ********** for ****** ******** ******** *******, ********* to *******. *******, **** *** ***** say **** ** *** * ******** program / ********. **** *****:

"***** ** ********* ** ******* ** give **** ***** ******** *** ** cameras. ** **** **** ** **** of ************* * **** ********* ****, but *** * ****** ******* ** give **** ********."

** ******* **** **** ** ********* on * ******** ******* / *********** basis.

Exacq's *********** *** ****'* ******

**** **** ** *** **'* ***** right ** ** **** **** ****.

***********, *** *****-******* ********** *** *** firing ** **** **** *** ***** who ****** **** *** *********** ***** channel *** **** *** ***** *** Exacq ** ** *********** *** ********.

** *** ******** ****, *****'* ********** has ******** ** ***** ** ***. However, ** **** **** ** * years **** *** *********** *** ** suspect **** ** ***** *********** *********** expire, **** ** ** **** * matter ** **** ****** **** ***** and ***** ******* ***** ****-****.

[******: *** ******* [**** ** ****** available] *** *** *****'* **** ** sales *** ********* ** *** ******** of ******* ********* ****** *** ** Tyco ******** ********. *** ******* [**** no ****** *********], *** *** *****'* head ** *********** ** *** ** Director ** *********** ** **** ** charge ** *********** ** ***** *** access ******* **** *******.]

Comments (13)
AM
Andrew Montgomery
Jan 28, 2015
IPVMU Certified

Is there a listing somewhere of all the firms that were let go?

(1)
U
Undisclosed #1
Jan 29, 2015

Seems like this is round 2 as they got rid of 4 or 5 firms back in the summertime. Not sure of the full list from that time or this time though. Maybe check the territory contact page of the Exacq website.

JH
John Honovich
Jan 29, 2015
IPVM

We have not gotten or confirmed a full list.

I am pretty sure, as Exacq/Tyco said, they are keeping some of the Exacq rep firms, I am just not sure which ones.

Avatar
Ricardo Souza
Jan 28, 2015
Motorola Solutions • IPVMU Certified

I hope this doesn't stop their current stream of video releases on youtube :)

Avatar
Luis Carmona
Jan 28, 2015
Geutebruck USA • IPVMU Certified

I always admired how Exacq was one of the first (major at least) vendors to put out tutorial and demo videos on their website. Something so simple and inexpensive to do, yet with such a large imapct.

(5)
U
Undisclosed #1
Jan 29, 2015

I find it interesting that the statements from Exacq vs. Tyco responding to why they let this group of reps go differ so much!

(2)
UM
Undisclosed Manufacturer #2
Jan 29, 2015

On a very large retail project last year Exacq refused to offer any discount to integrators bidding the deal. Tyco was bidding the project and was convinced they would win if they made the competition bid at MSRP + or bid competitive product.

They didn't realize a competitive product had already been spec'd and lost the deal. It was interesting, though, to see their strategy when Tyco is bidding the project

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UM
Undisclosed Manufacturer #3
Jan 29, 2015

I love how Ivory Tower Syndrome with one's corporate masters is now referred to in mega-corp biz-speak as "The High Level View". The people in this room look Pumped!!!

Ivory Tower preaching

(2)
Avatar
Patrick Hart
Jan 31, 2015
IPVMU Certified

I just read Exacq hired a new rep firm....

Exacq Welcomes New West Coast Manufacturer’s Rep We are pleased to announce that Seevid, Inc. has been appointed as the Exacq manufacturer’s representative for exacqVision products in Washington, Oregon, Alaska, California, Arizona, Nevada, Hawaii, Guam, Idaho and Montana.

(3)
JH
John Honovich
Jan 31, 2015
IPVM

Pat, thanks for sharing!

Seevid is the old AD rep. I dealt with them when I was an integator - horrible experience, unhelpful and untrustworthy.

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Avatar
Carl Lindgren
Jan 31, 2015

Agreed. When I first started at my current employer, we had an A-D MegaPower Matrix Switch that was having some problems. Seevid kept saying they would get an A-D tech onsite to troubleshoot the problems but after more than a year of promises, I gave up and approached A-D directly.

LOL. That was a waste of time. When I told the A-D Tech Support person the problem (high control latency on the A-D matrix with Pelco Integra PTZs), his response was "Did we tell you that would work?".

U
Undisclosed #4
Jan 31, 2015
IPVMU Certified

Though if you are trying to break into Guam, there are very few choices out there. ;)

(1)
U
Undisclosed #5
Feb 02, 2015

Wow, they should step up the drug testing at Tyco!

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