By Dave Yoho for IRE.
Halfway through 2021 and we are still feeling the challenges of 2020. As a business owner you want to see your business grow, even if it takes more effort to bounce back this year as long as you keep your profitability on track. If you are feeling the pull for a change and looking for a fresh perspective on ways to improve your business, look no further than these ten practices to build into your business.
1 - Stop telling others how challenging things are. Instead tell people that it is shaping up to be a great 2021. Just like negativity — the positivity that you transmit to your employees and associates will be motivating factors in their own improvement.
2 - Look at updating your marketing plan. The measure of a successful marketing plan is the amount of net business (ready for installation) you have sold, factored against the cost of procuring leads to sell that volume of business. If the cost of your marketing activities when measured against net business exceeds your budget, then the plan needs modification.
3 - Consider reworking your in-home sales presentation. Maybe it needs some fine-tuning — or maybe it needs to be completely revamped. A successful sales presentation is not a tribute to your company and all the wonderful things you have accomplished. Instead, it contains customer-centric language that increases the interest level of your prospects.
4 - Reach out to every prospect who you did not sell. Use multiple touchpoints to contact them: phone, email, text and direct mail. Tell them you would like to re-evaluate the project and look for cost-saving options. Consider using a company that specializes in handling these "revisits."
5 - Develop a referral program which gives an incentive for every lead, whether sold or not, provided it is a property owner who will listen to your presentation. It is a lead — so, why not pay for it?
6 - Include a bonus customer incentive for every lead that becomes a sale.
7 - Ask everyone you meet questions: Do you know anyone considering roofing for their home? Do you know anyone who had considered roofing and have decided to delay it (an opportunity to evaluate the project)?
8 - Seek "trade-offs" with local companies who sell other products or services. Many have a strong base of customers who might be interested in roofing.
Park your trucks or vans in high traffic areas. Make sure there is striking signage on them, with your contact information displayed largely. Attach a “take one” box to the vehicle that contains flyers describing your roofing product(s).
9 - Expand your reach when looking for installers. Recruit up to 50 miles in distance when looking. Offer incentives for those who stick with you for two or more years. Segment your work force and reward them for increased productivity. Most roofing companies are adept at thinking outside the box when hiring salespeople — now, extend this to your skilled labor force.
10 - Modify your existing budget to reflect increased cycle time. Along with this, make some minor changes to your “selling price” to compensate for the cost increases. Most importantly, modify your thinking. Backlog is not necessarily a bad thing. Successful roofing companies must protect their crews by making sure they have enough backlog so as not to lose them to their competitors.
Yes, there will always be abundant challenges, but take comfort in the knowledge that you are in a great industry operating in a time where prospects are very willing to have roofing installed on their homes.
Learn more about IRE in their RoofersCoffeeShop® Directory or visit www.theroofingexpo.com.
Original article source: IRE
How Trump’s Corporate Tax Cuts Could Affect Your Roofing Business
Read More ...Share this Basic Roofing Guide for Homeowners with Your Customers
Read More ...8 Steps to Help You Safely Climb a 45-degree Pitch
Read More ...
Comments
Leave a Reply
Have an account? Login to leave a comment!
Sign In