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How you can profitably grow your Contractor

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Title: How you can profitably grow your Contractor s Business 25%-100% or more Author: Gene Parrsih Last modified by: Diane Ziccardi Created Date – PowerPoint PPT presentation

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Title: How you can profitably grow your Contractor


1
Marketing and Selling
How you can uncover 10,000-1,000,000 or more in
new found sales from your business in the next
60-90 days!
1
2
Small business administration study
  • 60 of all new businesses fail within the first
    six years of operation.
  • Dun and Bradstreet estimates 82 will go under by
    their 10th anniversary.

2
3
Two reasons why businesses fail
  • Failure to understand the market for the
    businesss product or service.
  • One of the biggest problems with small-business
    owners is that they have a great idea about going
    into business, but they dont have a clue about
    the amount of work it will take to get their
    product or service to their clients.Moe Mowry -
    Business Development OfficerSmall Business
    Administration

3
4
Two reasons why businesses fail
  • Failure to understand the market for the
    businesss product or service.
  • One of the biggest problems with small-business
    owners is that they have a great idea about going
    into business, but they dont have a clue about
    the amount of work it will take to get their
    product or service to their clients.Moe Mowry -
    Business Development OfficerSmall Business
    Administration
  • Inadequate capitalization

3
5
How should your marketing and selling be
different today?
  • Asset marketing
  • Discovering hidden assets
  • Optimization
  • Leverage

4
6
How should your marketing and selling be
different today?
  • Asset marketing
  • Discovering hidden assets
  • Optimization
  • Leverage
  • Multi-pillar marketing

4
7
How should your marketing and selling be
different today?
  • Asset marketing
  • Discovering hidden assets
  • Optimization
  • Leverage
  • Multi-pillar marketing
  • Systemization of your marketing process

4
8
How should your marketing and selling be
different today?
  • Asset marketing
  • Discovering hidden assets
  • Optimization
  • Leverage
  • Multi-pillar marketing
  • Systemization of your marketing process
  • Three ways to exponential growth

4
9
How should your marketing and selling be
different today?
  • Asset marketing
  • Discovering hidden assets
  • Optimization
  • Leverage
  • Multi-pillar marketing
  • Systemization of your marketing process
  • Three ways to exponential growth
  • Performance based

4
10
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients

5
11
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise

5
12
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise

5
13
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.

5
14
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery

5
15
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance

5
16
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses

5
17
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location

5
18
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location
  1. Reputation

5
19
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location
  1. Reputation
  2. Current sales / marketing process

5
20
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location
  1. Reputation
  2. Current sales / marketing process
  3. Current customers / clients

5
21
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location
  1. Reputation
  2. Current sales / marketing process
  3. Current customers / clients
  4. Prospective customers / jobs

5
22
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location
  1. Reputation
  2. Current sales / marketing process
  3. Current customers / clients
  4. Prospective customers / jobs
  5. Up-selling and packaging opportunities

5
23
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location
  1. Reputation
  2. Current sales / marketing process
  3. Current customers / clients
  4. Prospective customers / jobs
  5. Up-selling and packaging opportunities
  6. Average client value

5
24
Your marketing sales mindsetOptimizing
leveraging hidden marketing assets
  1. Past customers / clients
  2. Owner expertise
  3. Staff expertise
  4. Under-promoted U.S.P.
  5. Unique product or service or delivery
  6. Sub-par sales performance
  7. Relationships with other businesses
  8. Location
  1. Reputation
  2. Current sales / marketing process
  3. Current customers / clients
  4. Prospective customers / jobs
  5. Up-selling and packaging opportunities
  6. Average client value
  7. Community relationships

5
25
Optimizing and leveraging
Getting the maximum return, for the least amount
of expense, for the longest duration of time on
everything you are currently doing now, have done
in the past and will do in the future.
6
26
Many companies will not survive the challenges of
marketing because they are only using one or two
pillars.
Advertising
Sales Staff
7
27
In order for any business to work, it must
become a system, so that the business works
exactly the same way every time, down to the very
last detail. Michael Gerber-Consultant
Author, The E Myth
8
28
Three ways to exponential growth
  1. More prospects

9
29
Three ways to exponential growth
  • More prospects
  • Increase conversion rate of prospects to
    customers

9
30
Three ways to exponential growth
  • More prospects
  • Increase conversion rate of prospects to
    customers
  • Increase in the value of customer
  • Increase in the average transaction value
  • Increase in the number of transactions

9
31
Three ways to exponential growth
Growth objective 20
Small improvements in each area will give you
dramatic growth overall
10
32
Three ways to exponential growth
Growth objective 20
Small improvements in each area will give you
dramatic growth overall
10
33
Three ways to exponential growth
Growth objective 20
Small improvements in each area will give you
dramatic growth overall
10
34
Three ways to exponential growth
Growth objective 20
Small improvements in each area will give you
dramatic growth overall
10
35
Three ways to exponential growth
Growth objective 20
Small improvements in each area will give you
dramatic growth overall
10
36
Three ways to exponential growth
Growth objective 20
Small improvements in each area will give you
dramatic growth overall
10
37
Performance based marketing
Performance is maximized only when all marketing
assets are leveraged in a multi-pillar system,
growing the business all 3 ways.
11
38
Performance based marketing
No better investment in your business than
marketing
Marketing and innovation make money, everything
else is a cost.Peter DruckerManagement
Consultant
12
39
Performance success stories1
  • Retail Store
  • 2,000 investment
  • 250,000 sales increase in 1st year
  • Annual ROI 5,0002

1 Utilized all 3 ways to grow the business,
optimized and leverages all assets, implemented
multi-pillar system
13
2 Assuming 40 Gross Margin
40
Performance success stories1
  • Retail Store
  • 2,000 investment
  • 250,000 sales increase in 1st year
  • Annual ROI 5,0002
  • Professional
  • 3000 investment
  • 62,500 sales increase in 90 days
  • Annual ROI 3,3332

1 Utilized all 3 ways to grow the business,
optimized and leverages all assets, implemented
multi-pillar system
13
2 Assuming 40 Gross Margin
41
Performance success stories1
  • Retail Store
  • 2,000 investment
  • 250,000 sales increase in 1st year
  • Annual ROI 5,0002
  • Professional
  • 3000 investment
  • 62,500 sales increase in 90 days
  • Annual ROI 3,3332
  • Service Company
  • 48,000 investment
  • 30,000,000 sales increase over 2 years
  • Annual ROI 12,5002

1 Utilized all 3 ways to grow the business,
optimized and leverages all assets, implemented
multi-pillar system
13
2 Assuming 40 Gross Margin
42
Performance success stories1
  • Retail Store
  • 2,000 investment
  • 250,000 sales increase in 1st year
  • Annual ROI 5,0002
  • Professional
  • 3000 investment
  • 62,500 sales increase in 90 days
  • Annual ROI 3,3332
  • Service Company
  • 48,000 investment
  • 30,000,000 sales increase over 2 years
  • Annual ROI 12,5002
  • Manufacturing Company
  • 12,000 investment
  • 550,000 sales increase in 1st year
  • Annual ROI 1,8332

1 Utilized all 3 ways to grow the business,
optimized and leverages all assets, implemented
multi-pillar system
13
2 Assuming 40 Gross Margin
43
Marketing multi-pillar system
  1. U.S.P. / E.V.P.

14
44
Marketing multi-pillar system
  1. U.S.P. / E.V.P.
  2. Exponential marketing

14
45
Marketing multi-pillar system
  1. U.S.P. / E.V.P.
  2. Exponential marketing
  3. Relationship marketing - Optimize customer
    database

14
46
Marketing multi-pillar system
  1. U.S.P. / E.V.P.
  2. Exponential marketing
  3. Relationship marketing - Optimize customer
    database
  4. Strategic alliance marketing

14
47
Marketing multi-pillar system
  1. U.S.P. / E.V.P.
  2. Exponential marketing
  3. Relationship marketing - Optimize customer
    database
  4. Strategic alliance marketing
  5. Custom advertising - Web optimize the media

14
48
Marketing multi-pillar system
  1. U.S.P. / E.V.P.
  2. Exponential marketing
  3. Relationship marketing - Optimize customer
    database
  4. Strategic alliance marketing
  5. Custom advertising - Web optimize the media
  6. Community relations marketing

14
49
Marketing multi-pillar system
  1. U.S.P. / E.V.P.
  2. Exponential marketing
  3. Relationship marketing - Optimize customer
    database
  4. Strategic alliance marketing
  5. Custom advertising - Web optimize the media
  6. Community relations marketing
  7. One to one direct marketing

14
50
Marketing multi-pillar system
  1. U.S.P. / E.V.P.
  2. Exponential marketing
  3. Relationship marketing - Optimize customer
    database
  4. Strategic alliance marketing
  5. Custom advertising - Web optimize the media
  6. Community relations marketing
  7. One to one direct marketing
  8. Word of mouth referral

14
51
Pillar 1
Unique Selling PropositionExtra Value
Proposition (U.S.P. / E. V. P.)Differentiate
or Die by Jack Trout
15
52
Pillar 1
Unique Selling PropositionExtra Value
Proposition (U.S.P. / E. V. P.)Differentiate
or Die by Jack Trout
Two Questions You Need To Answer
1. Why do people do business with you now?
2. If they are not doing business with you now,
why should they?
15
53
Pillar 1
Unique Selling PropositionExtra Value
Proposition (U.S.P. / E. V. P.)Differentiate
or Die by Jack Trout
Two Questions You Need To Answer
Three Ways To Achieve A U.S.P. / E.V.P.
1. Why do people do business with you now?
2. If they are not doing business with you now,
why should they?
15
54
Pillar 1
Unique Selling PropositionExtra Value
Proposition (U.S.P. / E. V. P.)Differentiate
or Die by Jack Trout
Two Questions You Need To Answer
Three Ways To Achieve A U.S.P. / E.V.P.
1. Why do people do business with you now?
1. Price leadership
2. If they are not doing business with you now,
why should they?
15
55
Pillar 1
Unique Selling PropositionExtra Value
Proposition (U.S.P. / E. V. P.)Differentiate
or Die by Jack Trout
Two Questions You Need To Answer
Three Ways To Achieve A U.S.P. / E.V.P.
1. Why do people do business with you now?
1. Price leadership
2. Differentiation
2. If they are not doing business with you now,
why should they?
15
56
Pillar 1
Unique Selling PropositionExtra Value
Proposition (U.S.P. / E. V. P.)Differentiate
or Die by Jack Trout
Two Questions You Need To Answer
Three Ways To Achieve A U.S.P. / E.V.P.
1. Why do people do business with you now?
1. Price leadership
2. Differentiation
2. If they are not doing business with you now,
why should they?
3. Target / Niche Price leadership Differentiati
on
15
57
Pillar 2
Optimizing current marketing for exponential sales
16
58
Pillar 2
Optimizing current marketing for exponential sales
1. Integrate the USP / EVP into all marketing
efforts
16
59
Pillar 2
Optimizing current marketing for exponential sales
1. Integrate the USP / EVP into all marketing
efforts
2. Consistently work at increasing the conversion
rate
16
60
Pillar 2
Optimizing current marketing for exponential sales
1. Integrate the USP / EVP into all marketing
efforts
2. Consistently work at increasing the conversion
rate
A. Sales training
B. Follow-up systems
16
61
Pillar 2
Optimizing current marketing for exponential sales
1. Integrate the USP / EVP into all marketing
efforts
2. Consistently work at increasing the conversion
rate
A. Sales training
B. Follow-up systems
3. Always work at increasing the average client
value
16
62
Pillar 2
Optimizing current marketing for exponential sales
1. Integrate the USP / EVP into all marketing
efforts
2. Consistently work at increasing the conversion
rate
A. Sales training
B. Follow-up systems
3. Always work at increasing the average client
value
A. Higher average transaction value
B. Increase number of transactions
16
63
Pillar 3
Optimizing customer baseCustomer relationship
marketing
Set-up a system for capturing and segmenting the
different types of clients
17
64
Pillar 3
Optimizing customer baseCustomer relationship
marketing
Set-up a system for capturing and segmenting the
different types of clients
Past A. Re-capture
17
65
Pillar 3
Optimizing customer baseCustomer relationship
marketing
Set-up a system for capturing and segmenting the
different types of clients
Past A. Re-capture
Present A. Retain B. Work the back-end
17
66
Pillar 3
Optimizing customer baseCustomer relationship
marketing
Set-up a system for capturing and segmenting the
different types of clients
Past A. Re-capture
Present A. Retain B. Work the back-end
17
67
Pillar 4
Strategic alliance marketing
18
68
Pillar 4
Strategic alliance marketing
1. Your own client base
18
69
Pillar 4
Strategic alliance marketing
1. Your own client base
A. Seek an endorsement
18
70
Pillar 4
Strategic alliance marketing
1. Your own client base
A. Seek an endorsement
2. Complimentary businesses outside your client
base
18
71
Pillar 4
Strategic alliance marketing
1. Your own client base
A. Seek an endorsement
2. Complimentary businesses outside your client
base
A. Cross-sell other services
18
72
Pillar 4
Strategic alliance marketing
1. Your own client base
A. Seek an endorsement
2. Complimentary businesses outside your client
base
A. Cross-sell other services
B. Work their client base
18
73
Piller 5
Custom advertising web and E-commerce
19
74
Piller 5
Custom advertising web and E-commerce
All media members work! You must learn to create
SYNERGY if you are going to maximize your
marketing and advertising investments.
19
75
Piller 5
Custom advertising web and E-commerce
All media members work! You must learn to create
SYNERGY if you are going to maximize your
marketing and advertising investments.
1. Have the first four steps in place and working
19
76
Piller 5
Custom advertising web and E-commerce
All media members work! You must learn to create
SYNERGY if you are going to maximize your
marketing and advertising investments.
1. Have the first four steps in place and working
2. Have a specific objective to accomplish with
the media
19
77
Piller 5
Custom advertising web and E-commerce
All media members work! You must learn to create
SYNERGY if you are going to maximize your
marketing and advertising investments.
1. Have the first four steps in place and working
2. Have a specific objective to accomplish with
the media
3. Use each member of the media for its strength
19
78
Piller 5
Custom advertising web and E-commerce
All media members work! You must learn to create
SYNERGY if you are going to maximize your
marketing and advertising investments.
1. Have the first four steps in place and working
2. Have a specific objective to accomplish with
the media
3. Use each member of the media for its strength
4. Three elements will determine success. You
must maximize all three A. Who does it
reach B. How often does it reach them -
frequency C. What is the message?
19
79
Piller 5
Custom advertising web and E-commerce
All media members work! You must learn to create
SYNERGY if you are going to maximize your
marketing and advertising investments.
1. Have the first four steps in place and working
2. Have a specific objective to accomplish with
the media
3. Use each member of the media for its strength
4. Three elements will determine success. You
must maximize all three A. Who does it
reach B. How often does it reach them -
frequency C. What is the message?
5. Test against the control measure in terms of
profitability. If it is profitable do it some
more.
19
80
Pillar 6
Community relations marketing
20
81
Pillar 6
Community relations marketing
1. Community marketing is image marketing and
results marketing
20
82
Pillar 6
Community relations marketing
1. Community marketing is image marketing and
results marketing
2. Leverage the donations you provide to groups
and associations
20
83
Pillar 6
Community relations marketing
1. Community marketing is image marketing and
results marketing
2. Leverage the donations you provide to groups
and associations
3. Educate
20
84
Pillar 6
Community relations marketing
1. Community marketing is image marketing and
results marketing
2. Leverage the donations you provide to groups
and associations
3. Educate
4. Press releases
20
85
Pillar 7
Direct or one-to-one marketing
21
86
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
21
87
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
21
88
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Telemarketing
21
89
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Telemarketing
- Displays
21
90
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Salespeople
- Telemarketing
- Displays
21
91
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Salespeople
- Telemarketing
- Web / E-commerce
- Displays
21
92
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Salespeople
- Telemarketing
- Web / E-commerce
- Displays
2. Make all tools direct response oriented
21
93
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Salespeople
- Telemarketing
- Web / E-commerce
- Displays
2. Make all tools direct response oriented
Every direct marketing effort needs to do the
same thing you would do in person
21
94
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Salespeople
- Telemarketing
- Web / E-commerce
- Displays
2. Make all tools direct response oriented
Every direct marketing effort needs to do the
same thing you would do in person
Have a reply mechanism
21
95
Pillar 7
Direct or one-to-one marketing
1. Types of direct marketing
- Direct mail
- Salespeople
- Telemarketing
- Web / E-commerce
- Displays
2. Make all tools direct response oriented
Every direct marketing effort needs to do the
same thing you would do in person
Have a reply mechanism
Test-test-test
21
96
Pillar 8
Word of mouth marketing
22
97
How we work with you
A coach is someone who makes you do what you
dont want to do so you can be who you want to
be. Tom Landry, former Dallas Cowboys Coach
23
98
Marketing game plan
  1. Customized marketing system

24
99
Marketing game plan
  1. Customized marketing system
  2. Customized marketing system and implementation

24
100
Marketing game plan
  1. Customized marketing system
  2. Customized marketing system and implementation
  3. Fast start

24
101
Marketing game plan
  1. Customized marketing system
  2. Customized marketing system and implementation
  3. Fast start

Complimentary consultation to evaluate your
ability to compete
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