RE:RE:RE:Royalty partnersA mutually beneficial service that I see working is in the home repair/handyman business. These are usually high margin service calls. I can't tell you the number of times someone has asked me if I know a "guy" who can fix a leak, change a toilet, replace a bathroom vanity, change some tiles, etc... something like
the Handyman Connection.
flamingogold wrote: Mr. Lube's business will not flourish selling EV accessories. They can try but it will fail. You're reaching for straws. But... the end days for Mr. Lube are a long, long, way off still so it's not really a big concern now for DIV.
While Air Miles is in decline, post-pandemic has created new opportunities, two sectors of which DIV is already involved in, education and home health care. But, more opportunities exist espcially in delivery and transporation services which continue to grow. Just do a quick google on post-pandemic growth industries and the answer to the next DIV partner is there somewhere.
Tommy123 wrote: Agreed with the commenters who say that Mr. Lube can pivot to servicing and selling EV accessories in the next little while. And Air Miles is in trouble, agreed. But DIV will sell their
stake and replace it if royalties fall, so no worries there. Plus, they still have BMO, AmEx and Shell as partners. I doubt they want to switch loyalty firms, since Air Miles is one of the most popular programs in Canada I read.