trust chain link

How to increase trust from your customers

Who has put hours of effort into pricing a job only to loose it to someone else that the client says “is a better fit”?  Everyone, right?  This can be even more frustrating if the other company has put in a higher bid!  Why didn’t you get the job?  Your price was competitive. You do quality work. You have the capacity to do it.  What it may come down to is that the prospective client didn’t TRUST you enough.

But you’re a trustworthy person!  Can’t they see that?  Well, possibly they can’t, or at least you didn’t do enough to build up that level of trust more than the other company did.  In the residential market in particular, building up the level of trust at the early stages of the sales process is vital to increasing your chances of securing a sale, without having to slash your price. With the country going into a period of economic and political uncertainty, consumers are going to be looking even harder for companies that give them a feeling of comfort and certainty.

Google logo

Google to reward good content

If you rely on your website content (either via a blog or the core web page content) to help you rank on Google, you need to take notice of this major change in Google’s algorithm. The helpful content update will target websites that have a relatively high amount of unsatisfying or unhelpful content, where the content has been written for search engines rather than humans. This could mean those sites will rank lower in the Google search results that are served up to consumers using the Google search engine (which is most people on the planet!)

Google’s new helpful content update specifically targets “content that seems to have been primarily created for ranking well in search engines rather than to help or inform people.” 

The purpose of this algorithm update is to help searchers find “high-quality content,” Google said. Google wants to reward better and more useful content that was written for humans and to help users.

thirsty man in desert

Time to dust off the marketing playbook

While most construction businesses are still pretty busy and the runway of work ahead should see you into 2023 without too many issues, the longer term picture is looking a bit more fuzzy. It’s time to start reviewing what you are doing in the marketing and sales space and look to make some improvements.

There is a habit of many business owners in the trades to just take what the market dishes up and not put some proactive systems in place to generate work.  “I get all my work from word-of-mouth” is what I hear a lot.  That’s great when WoM is working, but what if it isn’t? What’s the back-up plan?  Usually there is none.  This is particularly true when the market is stronger and the perceived need to generate leads is less. With building consents running at record levels over the past year, you can understand why marketing has not been high on the priority list of most people. Inflation, Covid, supply lines and labour shortages have naturally dominated the headlines. A downturn in building activity however will naturally make some of those issues die away. The need to generate more leads and improve your conversion rate will start to sneak up on you if you don’t take proactive steps.

Jump in puddles

Jump In Puddles

With a recession typically comes a reduction in consumer confidence and a trend to delay or cancel big-ticket spend items. Building projects are the biggest ticket of them all. To combat this you should be looking at increasing your marketing. If you have been using “word-of-mouth” as your only marketing strategy over recent years, it’s time to review your activities in this space and put together a more comprehensive plan.

The first place I suggest you start in putting a marketing plan together is picking a market segment or two in which to focus your energies. Segmentation is the most fundamental of marketing concepts. To quote marketing guru Theodore Levitt, “If you’re not talking segments, you’re not talking marketing”. Furthermore, there has never been a greater need for effective segmentation, due to several factors:

Someone will always do it cheaper

Selling against cheaper competitors

Bumping up against a cheaper competitor, especially in tighter economic times, is a fact of life. Hoping it won’t happen isn’t a good strategy to deal with the problem. What you need to do is take proactive steps to differentiate your business in the minds of the customer, because if you can’t express logical reasons why your offer is better, the customer only has one point of differentiation to guide them…..the price.

The key to doing that is making certain that the customer — not your service or company — is the core of all your sales messages and make sure that there are financial proof-points. Here’s what you do:

Interior Design as a Value-Add

I have a guest post for you this time from Natasha Bozic, an interior designer in my network group. Builders in particular should consider adding in an interior design service to what they offer to clients in order to help differentiate themselves from competitors and also deepen the relationship with the potential client. Being married to a builder, Natasha knows the process and how best to fit in. Here’s her story.

How many times it has happened that instead of following your daily schedule and focusing on your construction work, you got caught in long discussions and questions from clients about what paint colour to choose, what is the best floor plan for a bathroom renovation, where to buy certain products for the renovation projects, what colour vanity to choose, what do you think about their tile selection etc? Read more….

niche target

The Power of Niche Marketing

With the construction industry being in a fairly buoyant state at the moment the apparent need to focus on marketing does not seem to be a high priority.  This may appear to be the situation on the surface, but ignoring it can lead to a roller coaster of leads coming in and result in a feast or famine of work in the longer term.  Why not take the opportunity to proactively refine your marketing and provide a solid lead generation machine of your ideal projects?  A corner-stone of this is the strategy of niche marketing.

Niche marketing, or specialization is used by industries of all types because doing a few things with a high level of expertise will bring recognition and a reputation of excellence quicker than doing many things well. Read on to see how you can choose a niche for your business and the benefits it brings.

What Is Your Signature System?

Your “purple cow” is also known as your signature system, your unique selling proposition, or USP.  It is a sentence or phrase that explains what makes you special. It gives your prospects a reason to do business with you rather than your competitors. A good USP that is properly used makes your marketing a lot more effective, because it gives you dominance over a market niche.
It can be one of the most transformational shifts in your business right now and can be done at little or no cost. So how can you do this?

The Discipline of Market Leaders

No company can simultaneously excel at delivering market leading performance in all three value disciplines. This is because each disciplines requires completely different operating processes, different ways of thinking and behaving. When a company choses one ‘lead’ discipline to excel in they are placed to become market leaders.

Conversely, when a company attempts to excel in all three disciplines they become, at best, mediocre at all and will oscillate in the market. Which market discipline is the right one for your company?