The Four Proven Marketing Systems Every Contractor Must Optimize to Maximize Revenue Growth

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Transcript of The Four Proven Marketing Systems Every Contractor Must Optimize to Maximize Revenue Growth

The 4 Proven Marketing Systems Every Contractor Must Optimize to Maximize Revenue Growth

In the next hour, I’m going to teach you how you can dominate your market and take your contracting business income to entirely new levels.

Leverage marketing & technology to achieve

maximum results.

95% of Contracting Businesses

Are missing AT LEAST 2 out of the 4 critical, proven marketing systems that are necessary to achieve maximum business growth!

Why?

The competitive landscape for contracting businesses has changed

dramatically!

And so has the way your clients find and

shop for your services.

Contractors have been slow to adapt!

3 Drivers Of Change

SearchSocialMobile

Search

• Easier than ever!• Accessible from multiple devices• Has become the predominant way for your

clients to find your contracting services

Search

74% of local consumers use a search engine when they are looking to hire a contracting business.

(Nielsen/Netratings)

Social

• Connecting and sharing opinions with ease• Opinions are highly visible• Search engines paying attention• Content about your business is NOT being

created by you…• CONSUMERS ARE THE PUBLISHERS!

Social

49% of local consumers say positive online reviews make them more likely to hire a contracting business.

 Local Consumer Review Survey 2012

Mobile

• The biggest game-changer• Mobile search = Immediate

gratification• You MUST be present – if not you, your

competitors eat your lunch!

Mobile

79% of smartphone owners use mobile devices to influence their decision to hire a contractor; out of those, 74% decide to hire as a result.

Ipsos

It is easier than ever for consumers to quickly research

and compare various contracting businesses.

The contracting businesses that “GET IT” are crushing the

companies that don’t!

The BIG question:

How do you strategically workwith these three big driversof change to make sure your

contracting business leads the pack?

It means that now more than ever, you need to have a

marketing plan that works!

Simplify the challenge and clarify the approach!

You Must Maximize the Impact of 4 KEY Marketing Systems

R4 Marketing Framework for Contracting Businesses

Reputation

Reach

Resell

Referral

R4 Marketing Framework for Contracting Businesses

25%growth on their own…

Ignite business growth to

100% or more when

combined!

Reputation

It is easier than ever for consumers to find the feedback of other consumers to help them

make a decision about which contracting business to hire.

69% of local consumers…

trust online reviews as much as personal recommendations when hiring a contracting business.

7 in 10 local consumers like to read up to 10 reviews before deciding to hire a contracting business.

80% of local clients…

will purposely avoid contracting businesses with negative online reviews.

Today, an unhappy customer will tell thousands of their “closest strangers” on the Internet.

Who’s talking about you?

• Customers• Prospects• Competitors• Disgruntled employees• Ex spouses• Former business partners,

investors• Trolls (the permanently

aggrieved)

Who’s talking about you?

Reviews at the center of search

Your goal!

5-Star Reputation

HOW?

Take ownership of profiles in all of your key directories and networks• Google+ Local *important*• Yelp• Kudzu• AngiesList• RateMyContractor• Facebook• Twitter

Publish your own story!• Make your own content (e.g., announce

special promotions, limited time offers, testimonials, interesting/unique stories, etc.)

• Post helpful information on subjects that will help your clients and prospects

• Add social media sharing buttons

Stay connected

Make educational videos and post them to YouTube

Any given video stands about a 50x better chance of appearing on the first page of results than any given text page in the index.

Source: Forrester

Build a review collection system

Collecting referrals should be an ACTIVE and METHODICAL process

Displaying reviews on your business website can boost emails and calls by over 20% 

(Bazaarvoice.com/resources/stats 'Conversion Results')

The BIG takeaway

Reputation is now THE FOUNDATION of effective marketing for contracting businesses!

It is no longer enough to do good work.

YOU MUST PROACTIVELY DEVELOP AND MARKET YOUR REPUTATION!

Reach

Social media use has grown by712% since 2005.

Reach via Social Media

86% of contracting business owners…

….believe marketing on Facebook is important to their business.

There are 155 million + Facebook users in the U.S.

and over 1 billion throughout the world.

Reach them where they’re at…Build a Facebook page and boost your “Likes” by giving free tips and advice

Sponsored Story Ads

Convert users’ activity into ads and display the ad to friends of the user...

Facebook Sponsored Storieshave a 53% higher click

through rate than direct ads.

Source: TBG Digital Test 2011

The BIG takeaway

Your customers are socially active online!

If you’re not reaching them via Social Media...

YOUR COMPETITORS ARE!

Mobile

Mobile searches have QUADRUPLED in the last year according to Google.

Mobile internet usage is expected to overtake desktop internet usage by 2014.

Reach via Mobile

After looking up contracting businesses

via mobile…

result in a phone call

result in a visit

61%

59%

6 in 10 prospects will leave your

site if it’s NOT mobile friendly.

57% of local consumers won’t recommend a contracting

business with a poor mobile experience

Make it as EASY as possible for prospects to consume information about your contracting business on their mobile phones.

Your goal:

Mobile WebsiteStandard Website

CONFUSION

CLARITY

The BIG takeaway

Customers don’t want to be disconnected from their phones…

This ‘addiction’ gives you a chance to keep your contracting business “top of mind” wherever they go.

You have the opportunity to REACH your customers without making them step out of their daily routine.

Resell

Resell via Mobile

• 87% of Americans have mobile phones • 73% say it’s their most-used technology device• 25% of all U.S. households have ditched their landlines!

6.1 trillion text messages were sent/received in 2010.

SMS is capable of reaching 91% of the US population.

Resell via Mobile

Source: Telecommunications Union (ITU)

Why Use SMS

• Instant deliverability• Flexible Platform• Instant Opt-in and Opt-Out• High open and conversion rates• Low effort to create (short message, no

html…etc.)

Why Use SMS

• 97% of all SMS marketing texts are opened

• 95–98% of text messages are read within minutes of receipt

• 33% of email addresses change on a yearly basis, but … People are keeping their cell phone number for LIFE

Appointment RemindersSMS reminders can reduce no-shows by 50% or more—which means you can …

Save a TON of money—and put it back into your business (or into your pocket)

Coupons

Mobile coupons are 10x more likely to be redeemed than traditional coupons

Source: Borrell Associates 2010

The BIG takeaway

Text messaging is the most popular form of communication among your consumers…

Your audience is almost GUARANTEED to get your message with SMS!

BUILD YOUR SMS LIST TODAY!

Referral

65% of NEW business for contractors come from referrals.

Referrals

Source: The New York Times

41% of contracting businesses count on referrals for over 80% of sales.

Referrals

How can you proactively drive

referrals?!

You need to understand thatgood customer service

doesn’talways equate to referrals.

83% of satisfied customers are

willing to refer contracting businesses.

Only 29% actually do!

You MUST leverage a referral system.

Word-of-Mouth vs. Referral Systems

Chance PredictableConsistentRepeatable

A methodical process that captures qualified prospects through your association with people.

Referral System

So how do you generate referrals in a repeatable

system?

YOU ASK FOR THEM!

91% of clients would give a referral, but have never been

asked.

It’s as straightforward as…

Incorporating the message into referral cards, postcards, social media, your website – and making sure your happy customers see them!

Requesting Referrals

Print/Mail:

Distribute referral cards and postcards on a structured schedule.

Requesting Referrals

Online:

Incorporate referral requests into contests, coupons and other viral promotions.

Requesting Referrals

Referrals are great, but hard to depend on if you can’t make them predictable.

Design a repeatable system that captures the referral when your customers are thrilled!

Make it easy for them to share you!

The BIG takeaway

R4 Marketing Framework for Contracting Businesses

Are you doing everything you can to grow your contracting

business?

No.Awareness, time, budget

& expertise!

The problem?

The gap between those that “get it” and those that don’t is

widening!

90% of contracting businesses realize they...

aren’t growing like they should!

THEY need to make a change.Only 50% realize

20% realize that...

being strategic about their marketing is

THE difference.

Only

If you are a part of the 20%...

If you are committed to creating maximum growth

for your contracting business…

I’d like to get to know you and your business better!

Questions?