iSnare.com - Free Content Articles Directory
Authors Contents [Advanced Search][Add OpenSearch][Job Search]
Distribute your articles to thousands of article sites for only $2 and below! Read more...

Index  Business
 

Hey Contractors, These Marketing Systems Will Create A Flood Of Great Leads

 
[ Contact the Author] [ Send to a Friend] [ Article Publisher] [Make PDF] [ Print] [ Bookmark & Share]
 
Read our Terms of Service before reprinting this article. The submitter specified above has claimed the rights to this article.
Ron Roberts

In a previous article, I introduced you to the six systems that control the fate of your construction business. To refresh your memory, they were:

1. Marketing
2. Sales
3. Staffing
4. Planning
5. Tracking
6. Financial Control

In this article, I am going to expand on the seven components that should come together to form your marketing system. Do you remember that the sole purpose of your marketing system is to generate a flood of qualified sales leads?

Whether you cash in on those leads is a sales issue. Do not expect your marketing system to close sales and ring the cash register. Do not expect your estimator to do that either, that's not his job nor is he well suited for selling.

To generate the volume of quality leads your business needs to achieve your sales goals, you need marketing systems for:

1. Generating leads from new customers
2. Generating leads from existing customers
3. Prodding referrals from existing customers.
4. Collecting testimonials.
5. Building relationship with your customers
6. Publicizing your business
7. Developing new advertising pieces.

Let’s dive into the seven marketing systems, discuss their purpose, and highlight a few tricks that will make them productive for you.

1. Generating Leads From New Customers.

Here is the mountain all businesses must climb - generating opportunities with new customers. Getting them is really not the problem. Getting them without breaking the bank is the problem.

You can’t afford unlimited advertising. You can’t afford to hire a large staff of sales personnel to cold call everyone. You need an efficient and effective system for generating new leads.

Here a couple of tips for that.

Get your website up and ready for prime time. It is your most cost effective method for capturing quality leads. You may not be computer oriented, but your customers most assuredly are.

Second tip, copy the successful advertising practices of a best-in-class peer. You will need to contact contractors outside of your city to pull this one off.

Track down the best in the business. Get the owner’s name. Call them. You’ll be amazed how generous non-competitive peers will be if you approach them humbly and with genuine respect of their incredible success.

Every time you put a new lead generating system in place, monitor its effectiveness. Tweak it and monitor the improvement or lack there of. Keep tweaking until you learn the most efficient method for generating the quantity of new customer leads you need to fulfill your sales goals.

2. Generating Leads From Existing Customers.

You need a system for stimulating repeat business. Sam Walton used to say that the first time someone bought, he had a sale. The second time someone bought, he had a customer.

Your easiest sell is to your existing customer.

You need to prompt those repeat sales. If your service is cycles (landscaping, pavement maintenance, painting, roofing, air conditioning) send out reminders when they should be approaching on the date they would need new service.

As a job finishes, ask your client what future projects they are considering. Put the information into your scheduling calendar and start calling them or mailing them prior to that time.

If you have multiple services, send advertisements and coupons that invite them to try the services they haven’t used yet. If you offer a maintenance service, send educational materials that explain what maintenance should be done...and offer to do it for them.

If you already have a large customer base, expand your services to tap into all the goodwill you’ve already created. Your existing customer base is the most valuable resource your business has. Learn how to mine new sales from it.

3. Prodding Referrals From Existing Customers.

Word of mouth advertising is the most effective means of generating leads from new customers. What carries more weight with you when deciding whether to buy something or hire someone to perform a service for you?

» Advertising?
» Exhaustive research?
» The recommendation of someone you trust who has previously bought the product or used the service?

It’s human nature to take the word of a trusted advisor over all other information. The one thing we all hate is spending money on something that disappoints us. So we take the word of someone who already purchased and wasn’t disappointed to avoid regretting our purchase.

Now flip that around. Your customers can be your most effective sales people if you encourage them to.

To stimulate referrals, you need to:

(a) Ask for the referrals.
(b) Make it easy for them - create the referral letter.
(c) Reward them for the referral.

Referrals always work best when your customer contacts their friend on your behalf. Getting the friend’s name and mentioning that you were referred works nowhere near as well, but it does work better than having no referral.

4. Collecting Testimonials.

Testimonials should be the fuel of your advertising efforts. Testimonials overcome buyer resistance. They have greater influence on buying behavior than almost everything else short of a direct referral.

A process for collecting testimonials should be built into your customer close-out. Typically, if you ask for one it will be granted. Most satisfied customers are happy to provide testimonials, assuming you give them some guidelines.

Store your testimonials in accordance with the benefits they speak to. That way, you will have them ready at hand to prove you will meet your prospect’s needs when making a sales call or submitting a proposal.

5. Building Relationship With Your Customers.

People buy from, and keep buying from, people they like.

You need a system for maintaining your relationship with your customers. Typically, that means tracking and celebrating their birthday, their spouse’s birthday, their children’s birthdays, etc.

Send handwritten greeting cards on their special occasions. Send handwritten Thank You cards upon completion of the work. Track their hobbies and send them interesting information as you come across it. Make them think they are never far from your mind and you will have a customer for life.

6. Publicizing Your Business.

Since advertising is so expensive, you need to be set up to take advantage of every opportunity for free publicity.

Local newspapers are often looking for content. Any time something of substance happens in your business you should send it to them as a press release. That would include landing large or high profile contracts and receiving industry awards.

Get to know the business columnists in your area and become a source for quotes. Give interviews to magazine editors and feature writers.

Give presentations to Rotary, Lions, and other clubs. They are always looking for presenters. The subject doesn’t matter. They will remember someone representing your firm spreading goodwill among business leaders.

Strike up joint ventures with other businesses that serve your clientele.

All of these efforts need to be organized, scheduled, and assigned to someone. They need to be part of system.

7. Developing New Advertising Pieces.

The development of a new advertising piece should be the result of a well executed design process.

Start off by identifying the market segment you wish to target. Choose the problem(s) you are going to solve. Come up with a killer offer. Round up the appropriate testimonial or three. Then find a graphic artist and copy writer to pull it all together for you.

Do not outsource your advertising decisions to an advertising agency or consultant. They do not know your customers as well as you do. You or a trusted employee should make all final artistic decisions.

To make sure the advertisement is going to pay off, set a budget for the advertising and the expected income. Share the budget with your designer. Set a deadline for when the advertisement will be ready for delivery or distribution.

Before releasing the money to print the new piece in quantity, it should be tested for effectiveness in a test run of a small set of prospects. Track your results and modify the headline and offer until you arrive at a combo that produces a significant increase in buyer response. Then roll out the full advertising and start raking in the new sales.

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

Ron Roberts, The Contractor's Business Coach, teaches contractors how to turn their businesses into money making machines. To receive Ron's FREE Contractor Best Practices Newsletter visit http://www.FilthyRichContractor.com.
Article Tags: advertising [See Dictionary], leads [See Dictionary], sales [See Dictionary]
Got a question about this article? Ask the community!
Article published on August 23, 2007 at Isnare.com
 
Rate [Ratings: 0 / 5] [Votes: 1]

Why Their Solution Didn’t Work In Your Company
Submitted by: Ron Roberts

This past week I was reading through contractor discussion boards I just wanted to see what's got the market riled up...

Hey Business Owners - How Safe Is Your Income Or What Happens If You Get Injured And Can't Work
Submitted by: Ron Roberts

When your income is dependent on your availability, your income is never fully safe Your wealth is threatened...

Hey Contractors, Have You Been Focusing On The Wrong Problem?
Submitted by: Ron Roberts

When you are trying to improve your business, how do you decide which problem to work on first » Do you work on the one that annoys you the most...

Hey Contractors, Here's How Determine What The Market Is Willing Pay For Your Services
Submitted by: Ron Roberts

If you read my report The 10 Biggest Mistakes Contractors Make, you should remember that Mistake #9 was pricing your work too cheap...

Hey Contractors, You’d Better Pick The Right Market For Your Business
Submitted by: Ron Roberts

I hear two complaints CONSTANTLY from contractors 1...

Hey Contractors, These Selling Systems Land Great Paying Work
Submitted by: Ron Roberts

Do you realize that the sole purpose of your selling system is to land negotiated work In other words, to close deals and ring the cash register...

Hey Contractors, How To Fill Out Aia Pay Apps - Part 2
Submitted by: Ron Roberts

In Part 1, I showed you how to fill out page 1 of the AIA pay application (form G702) In Part 2, we are going to work through page 2 (form G703)...

Hey Contractors, Here's A Sales Commission Plan That'll Supercharge Your Profits
Submitted by: Ron Roberts

What I’m going to share with you today is the single most powerful trick I know for supercharging your bottom line...

Hey Contractors, This Is How You Beat A Lower-Priced Competitor
Submitted by: Ron Roberts

Beating a lower priced competitor is something all contractors struggle with and it is a problem that will never go away...

Hey Contractors, 5 Questions Your Sales Letters Must Answer
Submitted by: Ron Roberts

You already know something that, if you pay attention to it, will help make your marketing far more effective...

Hey Contractors, Have You Looked For Workers In These Places?
Submitted by: Ron Roberts

If you struggle in finding and hiring good help, you are probably a non-union contractor and the suggestions contained herein could be a life saver for you...

Why Small Contractors Must Evolve
Submitted by: Ron Roberts

EVOLVE » to develop gradually To transform your business from a start-up into a successful $4 million construction company...

How Do You Get Businesses Interested in Advertising on a Local Business Directory?
Submitted by: Adriana Noton

Online business directories are popular sites to list one’s business These directories allow the owner to generate an income and increase their online visibility...

How to Create Online Business Directories With Web Software
Submitted by: Adriana Noton

Business Directory Software has become a popular way of setting up and running an online business directory...

How to Write a Business Plan For an Online Business Directory
Submitted by: Adriana Noton

Writing a business plan for an online business directory is as important as writing a business plan for any type of business...

Tips On How To Buy And Sell Online Business Directories
Submitted by: Adriana Noton

There are many reasons why one would sell or buy an online business directory For those who are selling, you know that you have spent a lot of time collecting businesses to post their listings, so you want to make sure that you get a good price for the directory...

What Are the Benefits of Restaurant Franchise Investments
Submitted by: A.Noton

The restaurant industry as a whole is one of the toughest things to get into While the failure rate is high, it is not so much the industry as it is the people that are investing in it...

Tips on How to Monetize an Online Business Directory
Submitted by: Adriana Noton

There is more to establishing an online business directory than just improving your search engine rankings...

Know More About the Definition of Affiliate Marketing
Submitted by: Alan Williams

“Affiliate Marketing “is a term that is gaining a lot of prominence today and it rightly deserves its reputation of being one of the most profitable and lucrative online business...

What to Do When a Loved One Dies on an Important Business Trip You Cannot Leave
Submitted by: Lawrence Reaves

Nobody wants to receive a call informing them that a loved one has passed on, but when it occurs during an important business trip that you cannot leave it is even worse...

Home Internet Based Business Opportunity: Why Do Some People Fail?
Submitted by: Low Jeremy

In the recent years when there were people seen losing their jobs and been devastatingly affected by the economic downturn, a home internet based business opportunity seemed the perfect option...

How to Develop an Internet Home Based Business
Submitted by: Low Jeremy

Offline home based business has become a wary subject to start with among the people who want to engage into genuine money making ways...

How to Earn Big Bucks With Home Based Internet Business
Submitted by: Low Jeremy

The birth of the internet opened another venue for entrepreneurs With the proliferation of various web hosting accounts and quick install programs, even people who are not internet savvy won't have a hard time building their own online business...

Background Checking Prospective Outsourcing Partner
Submitted by: Manish Hitam

Background Checking Prospective Outsourcing Partner Outsourcing is the process wherein a company lets a third party handle its non-core activities so that the company can focus on its primary operations...

Reducing Risks: Know the Dangers of Outsourcing
Submitted by: Manish Hitam

With rising cost of operating a business, companies have found solace in outsourcing Outsourcing is the process of taking the non-core activities of the company and letting a third party handle its operations...

If You've Got Their Names.... Use Them
Submitted by: Tony Gattari

In business consultations that we conduct with prospects, one of the key questions we always ask is “Do you keep a database of clients and prospects...

Top Sales Tips That Work!
Submitted by: Tony Gattari

Friends last year we were asked to contribute to a popular series of business building books titled “Secrets of top sales professionals exposed”; in it we shared our passion for improving business performance through focusing on conversion rate and average dollar sale...

Isnare.com Footer Divider

© 2004-2009. Isnare Free Articles - An Isnare Online Technologies Free Articles Project. All Rights Reserved.   Privacy Policy