How any contractor can increase profits by 23% to 100% or more in 3 months or less

If you’re looking to grow your business in this less-than-ideal economy, then pull up a chair and get ready to buckle down for the next 5 minutes, because your answer is in this article.

In the next few minutes, we’re going to look at three crucial elements that you must consider before you attempt to overhaul your marketing efforts. First, we’re going to make sure your business isn’t currently shooting itself in the foot. Next, we’re going to make sure that your marketing and sales systems are up to snuff. Finally, we’re going to go over the details of the 3 ways for exponential growth in a small business.

An ounce of prevention….

First, let’s start with preventing your business from sabotaging itself.

The #1 biggest missed opportunity I see is when a business doesn’t place the highest value on it’s current and incoming customers (or clients.) When your business interacts with each customer, whether it’s on the phone, online, or in person, ask yourself this question: Are your customers and prospects being treated like the lifeblood of your business? Because that’s exactly what they are.

Did you know that after 2 rings, you lose 30% of your incoming callers? Now, how much is your average lifetime value of a customer? (If you don’t know this number, call your accountant and find out.) Take that number, write it on a post it note, and stick it on the handset. That is the amount of money you just passed up when you didn’t have your staff drop everything to answer that phone call. The solution? Make incoming calls top priority, and train your staff to do the same.

Bonus phone tip: If the person who answers your phones is rude or has a bad attitude, do you think that will transfer well to your prospective customers? How about your current clients? Think you should reconsider having a rude person as the face of your company? Of course you should.

Do you have a system?

Next, let’s talk about your marketing and sales system.

Do you have a comprehensive sales and marketing plan in place in your business? Do you know the proper strategy to implement to attract traffic to your website and then convert that traffic into sales? Do you know the proper social media strategy for busy entrepreneurs? Do you know how to use media, direct mail, and PR for the highest return on investment? And have you considered how you can do all this without wasting precious man-hours? These are elements that are not too difficult to implement if you have an expert marketing consultant in your corner.

3 Ways for exponential growth

Finally, here is a list of the 3 ways for exponential growth in any small business:

1. Get more prospects.

2. Increase your conversion rate of prospects to customers.

3. Increase the average ticket size (or frequency.)

It’s that simple. Can you think of one tactic you can implement to improve your business in each of these 3 areas? A 33% increase in each of these areas is often quite feasible. And that can add up to doubling your business in 90 days or less, if you build your business using a sound marketing blueprint.

So, check out how you handle incoming phone calls and customer inquiries. Make improvements where there are issues. Next, think about bringing in a consultant to give your marketing systems a comprehensive audit. Often a fresh eye can help you see things you can’t see in your daily grind. And last, focus on the 3 ways for exponential growth. Make improvements in all 3 areas, and you will be on the path for growth, even in a flat economy.

You can learn more about these and other marketing systems, tactics, and strategies in the Marketing Manual for Contractors.

About the Author – Seth Holdren is the author of Your Marketing Blueprint and Founder of the Local Business Development Education Association, the only governing body certifying LBDEA Certified Education Professionals. (LBDEA is an association dedicated to helping business owners increase profits.) After years of helping businesses grow, Holdren observed an epidemic of missed opportunities for growth in the arena of local marketing for small business. So he set out to cure this epidemic, by performing marketing audits and teaching workshops focused on effective and practical marketing tactics that provide ROI above all else.

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The Ultimate Resource Guide for Small Business Marketing

Welcome to the ultimate small business marketing resources website. If you’re a small business owner… you’re in the right place. Grab a cup of coffee, relax, and take a look around.

There is a whole vault of resources here to help you improve your marketing skills.

  • Free report: Marketing Overview.
  • Guide to internet marketing.
  • The Marketing Manual for Today’s Information Age.
  • Educational videos.
  • Audio tutorials.
  • Hundreds of informative blog posts on marketing for small business.

So feel free to take a look around and see if you can find that one valuable tip you can use today to land that next project!

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America’s 20 Strongest Building Markets

Building Markets

Where They’re Still Building Strong in the US.

In this recent article from BusinessWeek, we get the inside scoop on America’s 20 Strongest Building Markets.

Some are due to recent storms, some because of an influx of population; and yet others are due to factors such as recovery funds and even *GASP* a strong economy.

Builders: If you’re miserable where you are and your market is in the tank for the foreseeable future…do you ever think about picking up and moving to where the action is?

Those of you who live in these areas are cursing me right now. But, well, sometimes you just have to take matters into your own hands and take some action, right?

What do you think?

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Construction Marketing Resource Vault

If you are trying to master your marketing because you want to grow your construction business, you’ve come to the right place.

This blog is a vault of resources that you can use to get your marketing plan humming along nicely, so you can spend your time focusing on your actual business, and what’s important in life. (Imagine that, right?)

Rather than pulling your hair out trying to find that next project, you can put a marketing system in place to help “automate the process” and get a steady stream of new targeted leads flowing in.

There are some great FREE resources available in the blog posts below. But don’t just take my word for it…read for yourself and decide. The goal here is to give you at least one marketing idea you can apply RIGHT NOW to your business to help you bring in new projects.

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A New, Powerful Marketing Tool, Plus a FREE Webinar on Lead Generation for Contractors

Today’s consumer is harder to reach than ever before, from a marketing perspective. But now there is finally a solution.

Your prospect is a moving target. People are no longer anchored to their desktop computers, they are on the move. Your prospect is now mobile, using a number of different devices to access information and entertainment, and build relationships with people. Gone are the days where you can use singular channels of marketing to get more customers, increase your conversion from prospects to buyers, and increase your profits using simple marketing systems. Well, at least, until recently those days were gone. Now, there is a huge opportunity. It’s called cross-channel marketing.

Watch this video (to your right) about the upcoming webinar, and then sign up below for a double dose of marketing strategy for your business. Observe the follow-up process when you register for the webinar, and imagine how a similar system could help your business increase profits. Then, watch the webinar for some specific and powerful tactics for getting new prospects through some brand new and extremely powerful high-ROI methods. Sign up now:

To Sign Up:

Text your name, email, website to (615) 547-2726

OR Scan this QR code with your smart phone, right from the screen.

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