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 Selling Systems Land Great Paying Work

 
[ 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

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.

Getting to participate in a lowest-price-wins bid does not require salesmanship nor does it amount to selling.

In the construction industry, selling is defined by being hired, or in other words, landing negotiated work. You need 10 systems for landing enough negotiated work to grow your company profitably.

1. Assigning and Prioritizing Leads

If your marketing system is doing its job, you should be receiving a flood of leads. You need to create criteria for sorting and prioritizing those leads.

The best way to do that is to identify and communicate the profile of you’re "A", "B", and "C" level prospects. Know the characteristics that your best customers share.

Your "A" prospects are the ones who are looking for the benefits that you excel at and can prove it with case histories and testimonials.

Your "B" prospects are the ones you often are a good fit for, but not always.

Your "C" prospects are the ones your competition is a better fit for.

Whoever is assigned the responsibility of sorting through the leads must be given clear criteria for assigning "A", "B", and "C" grades.

2. Qualifying Leads.

You don’t have time to waste on "C" prospects, "B" prospects who aren’t a good fit, nor "A" prospects who are married to your competition.

When you call on your prospect, get right to the heart of the matter. Tell them that as valuable as their time is to them, your time is to you. If they are willing to answer a couple of questions honestly, it may save both of you considerable time. Test their fit to the quality and style of the service you provide.

If they aren’t going to value your services sufficiently, politely inform then you are not interested in their work and be on your way.

3. Following Up With Prospects.

Marketing research shows that vast majority of customers buy after the seventh contact. What’s that mean to you? You had better plan on following up several times with your prospects.

Here’s another piece of relevant selling information:

You will slip from your prospect’s awareness after 21 days. If they don’t hear from you for 21 days, your chances for a sale diminish greatly. Because buying is an impulsive act, timing is everything.

You need a follow-up system that lets you get back to your prospects quickly and stay in close contact with them until their decision is made.

4. Creating Proposals and Presentations.

You need standard templates for your proposals and presentations. The templates will allow you or someone who works for you to quickly pull together a professional, persuasive proposal and presentation.

If some combination of text, financial figures, and pictures are needed, make sure everyone who is involved understands their role.

Test your proposal design until you find one that consistently moves the client to the decision you seek.

5. Processing Orders.

Your staff needs to understand exactly how orders are to be processed. Information must reach the scheduler, the operations person who arranges for material purchases, and the accounting staff. The paper trail must be well defined and adhered to.

The filing system should be well organized and centralized. Once the sale is closed, the order processing must go smoothly to ensure a successful project and a happy customer.

6. Following Up With Customers After Their Project is Finished.

Follow up with every customer within two days of finishing. Make sure the customer is satisfied with the work and will not hesitate to pay the bill.

If the customer is displeased,address the situation head on and try to rectify the problem quickly.

Send a thank you card. If the project was high value, include a gift certificate to dinner or a donation to their favorite charity in their name.

7. Motivating the Pursuit and Procurement of Profitable Sales.

Implement a sales compensation plan that rewards salesmen for selling profitable work. Make sure the system rewards all salesmen equally for identical performance. Keep the sales team focused on high profit work.

Any competent estimator can land low profit work. If salesmen are going to earn their keep, they must close on a bundle of highly profitable work.

8. Improving the Salesmen’s Selling Skills.

Virtually nobody in the construction arena can afford to hire a proven rainmaker. You must learn how to grow your own.

That means you need to coach your salesmen. If they develop beyond YOUR ability to help them, hire a sales coach.

Few things will bring money into your company faster than a highly skilled and motivated salesman.

9. Networking.

It’s not who you know but who knows you.

Your network is your early warning system for new opportunities. The better your team is networked, the greater the likelihood your company will be the first to learn about a lead.

Networks take time to build and nurture. You must stay in constant contact with your network to keep yourself at the forefront of their minds. You need to send business their way.

Networks work best when each member is helping the others succeed.

10. Strengthening Customer Relationships.

You need a system for strengthening your relationship with your newer customers. Your goal is to become an invaluable resource to their personal success.

You can do this by helping them solve problems you have expertise in. You can do this by providing budget information for work they should or may undertake. You can do this by passing along contact information of individuals who will help them get ahead.

The assistance you provide need not be limited to their professional interests. If you discover they are passionate about a hobby, forward hard-to-find information that might be of interest to them.

Of course, the tried and true method is to take them out to lunch or dinner or take them to some type of event. The value of the customer determines the amount of time and money you should invest in the relationship.

Regardless of how you do it, you must stay close to your most valuable customers.

Final Note

You probably noticed that closing the sale is not listed as among the 10 selling systems. Closing is a skill, a very valuable skill. You that someone in your company must have.

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: selling [See Dictionary], system [See Dictionary], work [See Dictionary]
Got a question about this article? Ask the community!
Article published on August 27, 2007 at Isnare.com
 
Rate this article:

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, 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, These Marketing Systems Will Create A Flood Of Great Leads
Submitted by: Ron Roberts

In a previous article, I introduced you to the six systems that control the fate of your construction business...

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...

Earning Money Online Working From Home
Submitted by: Kausar Khan

Everyone is always finding ways to make money, either by being employed or starting an income generating business...

Questions You Must Answer Before Starting a Home Based Internet Business
Submitted by: Kausar Khan

The dream of many workers is to get a job where you will have no boss, no Monday morning early rising and no travelling and getting stuck in traffic snarl-ups...

Triumphing Over Initial Hurdles in Home Based Internet Business
Submitted by: Kausar Khan

If you talk of business opportunity and internet in the same sentence, then you will talk of plenty in the next sentence...

International Caravan And Blazing Needles Team Up To Bring Home Decor To New Levels
Submitted by: Sebastian Porter

Thank you for stopping by International Caravan, aka, Caravan Outdoors ICI's elite experienced staff of customer representatives are here to help you find what you are looking for...

Make Your Business Really Fly
Submitted by: Tony Gattari

When we first start working with clients they have a fair idea of where they want their business to be over the next few years, however there is a lack of clarity as to how each component drives the business...

Complacency!
Submitted by: Tony Gattari

"A feeling of contentment or self-satisfaction, especially when coupled with an unawareness of danger, trouble, or controversy" 

Often our business clients utter the immortal words "Things were going so well - I didn't see the danger until it was too late...

Most of us Aim Too Low
Submitted by: Tony Gattari

It is a sad fact that for most of us, we aim too low Whether it’s our business or our career, so often we believe that we need to have a vision that is small and easily achievable...

Build a Platform For Long-term Success
Submitted by: Tony Gattari

If you want more money, a bigger business, greater success in your current profession—if you want to see your dream realized—then start by building your groundwork now...

The Seven Deadly Sins of Time Management
Submitted by: Michiel Van Kets

Are you annoyed at yourself as your list of ‘things to do’ never gets any smaller Coping with a hectic work schedule can be difficult and if you are at a loss as to how to achieve your goals and work on important tasks efficiently, then perhaps you should be finding ways to manage your time better...

Active and Passive Investing You Must Know the Difference
Submitted by: Mark Crisp

As you can see, the manger of an index fund doesn't have much to do For this reason we call indexing "passive investing"...

Credit Repair- Does it Really Work?
Submitted by: Seomul Evans

You have probably read the story many times that, a happy pair frugally saves for a long time, and then finally chooses to spend their savings and purchase their dreaming home...

5 Small Business Interent Advertising Strategies That Work
Submitted by: James Belt

Getting your small, local business found on the world wide web can be a challenge, and most small business owners jut don't have the time to research what works, or the money to pay someone else to figure it out for them...

Reviewing the EC-2000 Electric Spiral Coil Binding Machine
Submitted by: Jeff McRitchie

Digital Finishing Group isn't as well known in the binding world when compared with such heavyweights as GBC and Fellowes, but they still make some good machines...

Reinforced Edge Papers - Preventing Pages From Tearing Out of Your Important Documents
Submitted by: Jeff McRitchie

One of the drawbacks to binding your documents with three-ring binders is the very real possibility that the pages of your document will get torn out...

Get Binding With the Fastback 9 Binding Machine
Submitted by: Jeff McRitchie

Fastback thermal binding is one of the most elegant ways to bind your documents and it just got a whole lot easier and affordable thanks to Powis Parker's new Fastback 9 binding machine...

Isnare.com Footer Divider

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