How A Contractor’s Web Site Marketing Can Speed Up The Sales Cycle

With the right marketing strategy and tools a contractor can turn his or her web site into a lead generation machine as well as a selling tool. That's right. Think of your web site as not just a place for consumers to find your business, but also a place where you can help them buy.
Make it a place where they can educate themselves
Educate them about your business as well as the many things they will need to consider about their project and about choosing the right contractor to partner with for their project. By helping them do this at your web site two different outcomes are possible.
One might be that they realize your business is not right for them. This can save you and them a lot of time because you won’t need to get together in person to figure this out.
- On the other hand, because of your content, the right prospects for your business will be much closer to making a confident buying decision by the time they ask you to come out and meet with them.
Every consumer has their own buying process
Research shows that consumers spend anywhere between 38-114 days doing their research and due diligence before they make the decision to go forward on a significant investment. If you think of their buying process as their buying cycle, broken down into definable stages, you can strategically align the content of the marketing on your web site with what your target customers need to help them as they move through these stages and their research.
Here are the typical stages of a remodeling consumer’s buying process:
- Awareness stage:
- Research stage
- Comparison stage
- Purchasing stage
- Repurchase stage
In this follow-up article I explain how to strategically market to these consumers during each stage.
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Keep in mind that due diligence will be personal to every consumer.
Never assume what they should do or tell them what to do. A key to this strategy is to offer options within your marketing and clearly explain the differences between them so prospects can confidently make their own decisions. Remember, it’s all about them, not about you. Helping them along and being a resource, rather than telling them what to do, will make you stand out as a trusted advisor. Often times, because they are typically the main decision makers when it comes to purchasing remodeling, this strategy works particularly well with women. Think about it. How did it go the last time you told a woman what to do! It’s about options and helping them compare them.
Summary
To help speed up the sales cycle with your prospects your goal should be to help them buy, not sell them something. Put yourself in your prospects shoes. Would you want to be sold?


One might be that they realize your business is not right for them.

If you have lost focus or lack the discipline to put business systems in place and stick to them it’s time to commit to and practice new attitudes and behaviors. Before you grow your business consider the adequacy of your financial system to predict and measure results. Do you have a formal marketing plan to guide you or are you winging your marketing? Do you have well thought out job descriptions you can use to recruit, qualify and hold new hires accountable to? Have you established benchmarks for the performance of your business systems? If you don’t have or do these things what example are you setting and what type of employees will join and or stay with your business?
A growing business that wants to attract and keep good employees needs to act professional. This means having a proactive and strategic marketing plan in writing. It means preparing a financial operating budget and staying within it. It means investing in training and mentoring your employees to be the future leaders your business will need. It means creating a profit sharing strategy and or compensation strategies based on performance. It also means operating legally and safely.
Before you as the leader can step away from your business the business needs to have a new leader already in place. Many business owners are forced back into leading and managing their businesses because the person they hired to do so did not have adequate leadership skills and or wasn’t yet seen as the leader by the other employees. Don’t make this mistake at your business. Before you step away make sure there is a successful transition of leadership from you to the new leader; in the eyes of the employees as well as your customers. Also, make sure you have a way to measure the performance of the business and the leader before you pull away. Again I suggest you have this in place and confirm it is working before you transition out of your office and your roles at the business.
To make sure you will get a return on investment make sure you and your coach agree on how you will measure results. Help with soft skills like leadership and people skills will be challenging to measure because changes and results may be seen as subjective and might be measured differently by different people. However many changes can be measured in an objective way. For example when I was first growing my business I worked with a coach on a financial system and the related QuickBooks setup required to support it. Although he seemed to have the right experience he couldn’t offer me a reference specifically from a construction company. After some discussion we agreed his compensation would be conditional on results and we made a list of desired outcomes to measure. After several months we mutually agreed his system didn't serve the intended purpose and I got the majority of my money back. Unfortunately I lost a lot of valuable time. I assume he did too. However we both learned a lot from the experience, I minimized my risk by agreeing on how he would be compensated, and I still had the money I needed to hire another expert to get it done.
In addition to working one on one with remodeling businesses and their owners I have also worked in the corporate side of franchising. Joining a franchise can be a great option for the right business owner. For example, if you’re an entrepreneur who wants to carve out your own path and direction and evolve your business systems on the fly a franchise might not be a good option. On the other hand if your just getting started, or need to tear down what you have and start over again, and you want to adopt an established and tested business model, and you are willing to actually follow it, not question it, a franchise can be a great way to go. 


However, I understand the allure of a fixed-price contract for both the owner and the contractor. Fixed cost is most appropriate with a very thorough, well-defined set of construction documents (plans and specifications) and even more so if those complete documents are produced for new construction. In a less well-defined job with plans in progress, or in an older home, cost-plus/time and materials may be more appropriate simply because there is too much that is unknown to be able to estimate with full certainty what it will take to perform the work.
Again, if you have fully developed plans and specifications, and especially in new construction, where most factors are known and manageable, fixed price makes sense. With phased design, where plans are being developed on a fast track as construction proceeds, and especially in renovation work, it’s my opinion that CP/T+M is the better choice.

Timeframe. It's difficult to nail this down but if you're considering a project similar to ones you've tackled in the past, provide a sample schedule. Note items that can slow things down or build in time to address them. There's nothing wrong with over-delivering by completing a project ahead of schedule because you foresaw potential problems that did not materialize.

I had to add up all the numbers with a calculator multiple times before having enough confidence to give it to my prospects because I didn’t always get the same number!
Eventually, after a lot of experimenting using the yellow pad I eventually incorporated what I had learned into an Excel Estimating spreadsheet I created on my own. Doing so definitely improved the speed and accuracy of my estimating methods. The end result also provided the majority of information the production team needed so they could build the job without me around, leaving me time to sell more work.

In my 28 years in the remodeling business I have seen many relationships go south between homeowner and contractor! All too often the homeowner is in a position where they don’t even know what they just purchased from their remodeler. Whose fault is this? The remodeler was not paid as a consultant so possibly inadequate time was spent creating a job scope and contract. And of course, the homeowner only wanted to know two things…when can you start and how much is it going to cost! The blame should be spread evenly. I have always wanted my clients to understand EXACTLY what they were purchasing and felt that educating them on the process would be win/win for everyone.

If contractors knew how to prepare for this recession, they would have been ready for it and the actual impact wouldn’t have been as dramatic on their businesses. Knowing what you now know, use the lessons learned to better predict and deal with the next recession. Also, start thinking about where you want you and your business to be in the future. Be proactive and create a plan, don't wait to see what happens and where you end up. Rather than do it on your own consider finding a mentor with a track record of success, someone who can help you and will invest the time required to understand you and your business and will invest in you. 

The letter will also notify the contractors that EPA will be inspecting a number of them in June 2014. According to the press release EPA lead inspectors will inspect numerous renovation, painting and property management companies in the New Haven area regarding their compliance with the RRP Rule. The inspections may be followed up with enforcement.
Time will tell whether this intuitive will help improve compliance in any significant way and or really have any effect on leveling the playing field. Either way it’s likely that EPA will use the findings and enforcement of this initiative to capture the attention of contractors in the New Haven area. Contractors outside of CT may also want to consider that this may be a test program that could eventually be put in place in other areas of the country.




