Since
growth has remained modest in 2013, having an effective marketing strategy,
planning and budgeting are more important than ever as you make plans for
the new year. Are you making these common marketing mistakes?
Advertising in irrelevant
sources
Many
construction companies turn to inexpensive advertising sources to maximize
budget dollars hoping to gain exposure. However, while low-cost advertising
deals seem attractive, they may be irrelevant to your target market.
Relying too
much on referrals
Contractors often rely heavily on generating leads through
word-of-mouth referrals from other contractors. However, your prospects don’t
always take these recommendations to heart and will often try to research a
company online.
Not Having an
Up-to-Date Website (or no web presence at all)
A
well-designed and current website will make the best first impression on
prospects. If potential clients can’t find any information about the recommended
construction company on the web, your prospects will look
elsewhere.
Not Having an
Effective Win Strategy
You
should have a strategy to win more of the “right type” of jobs. A win strategy
must address the specific issues that are important to the customer about the
particular job. This can only be done by thoroughly understanding your
customers' buying motivation, organization, project goals and
objectives.
Not Having a
Good Proposals and Presentations
This is
where the rubber meets the road and many contractors lose projects they should
have won. A good presentation will not win a job by itself, but a bad one will
lose the job. Good proposals and presentations tell a story. Without it, the
customer will assume that contractor “A” is different from contractor “B” only
on price. Your prospects want a reason to choose, and a winning presentation
will give it to them.
Not Having a
Marketing Budget
You
must set a solid dollar figure you are willing to spend and developing the mix
within your budget. It is important to
develop and use estimated budgets for your increased sales - if your marketing
plan works, do you have enough people to handle additional work? Do you have a backup staffing plan just in
case?
Not
Having a Back Up Staffing Plan
Nothing
is worse than winning a bid and not having the labor resources you need to
complete the project. Using a temporary staffing
company can help supplement your workforce as your business demands increase. Contact us or call 1.866.532.6777 for more information.
Source: constructionmarketingideas.com
constructionexec.com
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