 |
|
04-16-2007, 07:34 PM
|
#1
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
increasing your market share ... good or bad idea - you decide
alright ... i dunno bout you all ...
ok ... let's say you have 50 competitors in your area. 2 of them make up for 50% of all sales in your area.
is this like your local industry?? Is mine.
I have an idea.
The 2 largest competitors are marketing GIANTS.
I walk into someone's house on a sales call ... am I worried about "Billy Bob's Construction" doing an estimate as well??? Nope --- he only has a 1% of the market share.
I'm selling against these two large corporations.
I imagine most of you all run into this as well. Heck, if nothing else - there's plenty ill-will towards Home Depot around here. So I imagine this hits home
But what if you could gather with say 2 or 3 of your strongest competitors. Form an organization --- not a company --- and organization. The purpose of this org would be to promote ALL of you. The purpose is to take a huge chunk of the large comp. market share.
It's simply the little guys ganging up on the big guy.
You and your 3 fairweathered friends will STILL compete against eachother
You just combine your marketing funds to promote this "organization"
Say like the "Chicago Metro Area Remodelors Guild" --- something like that.
There will be no conspiracy stuff like price fixing (it's illegal anyways) --- or setting "territory"
the four of you could not handle the market that you would capture singlehandedly --- so there would be enough work to go around
you're just simply biting into the big guy's pie
good, bad??? realistic? unrealistic???
|
|
|
Warning: The topics covered on this site include activities in which there exists the potential for serious injury
or death. ContractorTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!
Join the #1 Contractor Forum Today - It's Totally Free!
ContractorTalk.com - Are you a Professional Contractor? If so we invite you to join our community and see what it has to offer. Our site is specifically designed for you and it's the leading place for contractors to meet online. No homeowners asking DIY questions. Just fellow tradesmen who enjoy talking about their business, their trade, and anything else that comes up. No matter what your trade is you'll find that ContractorTalk.com is a great community to join. Best of all it's totally free!
Join ContractorTalk.com - Click Here

|
04-16-2007, 08:17 PM
|
#2
|
|
Pro
Trade:
Painting Contractor
Join Date: Dec 2004
Location: Toronto
Posts: 1,825
|
Something like www.gtapainters.com?
We do compare notes, work together, exchange leads etc.
We even meet with an agenda.
A basic start to what you are talking about?
|
|
|
04-16-2007, 09:16 PM
|
#3
|
|
Pro
Trade:
masonry
Join Date: Feb 2006
Location: Austin
Posts: 3,483
|
Possibly illegal. Be careful.
|
|
|
04-16-2007, 09:21 PM
|
#4
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
Quote:
Originally Posted by George Z
Something like www.gtapainters.com?
We do compare notes, work together, exchange leads etc.
We even meet with an agenda.
A basic start to what you are talking about?
|
exactly George
Tscar - what would be illegal
there is no price fixing
there is no territory staking
|
|
|
04-16-2007, 09:35 PM
|
#5
|
|
Pro
Trade:
masonry
Join Date: Feb 2006
Location: Austin
Posts: 3,483
|
You don't have to do it, you only have to give the impression that you are (or could). Like I said, be careful.
|
|
|
04-16-2007, 09:45 PM
|
#6
|
|
Pro
Trade:
Outdoor D/B
Join Date: Jun 2005
Posts: 1,840
|
Dirt- Or you could just become such a great salesman that when you go out on a estimate, the client feels that they would be a absolute idoit to hire anybody but you.
I think we all know who is taking 50% of the market in your area. Honestly, if you market yourself correctly, they should not be your compeititors!!!!
Instead of trying to set up some kind of ring that could be illegal, why don't you just do more networking with the various trades involved in your project?
I think i will start a new thread about this.
Matt
|
|
|
04-16-2007, 10:14 PM
|
#7
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
Quote:
Originally Posted by ruskent
Dirt- Or you could just become such a great salesman that when you go out on a estimate, the client feels that they would be a absolute idoit to hire anybody but you.
I think we all know who is taking 50% of the market in your area. Honestly, if you market yourself correctly, they should not be your compeititors!!!!
Instead of trying to set up some kind of ring that could be illegal, why don't you just do more networking with the various trades involved in your project?
I think i will start a new thread about this.
Matt
|
sales is not the issue ...
like i said ... 50% of the marketshare ... captured by the big guys
|
|
|
04-16-2007, 10:19 PM
|
#8
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
Quote:
Originally Posted by Tscarborough
You don't have to do it, you only have to give the impression that you are (or could). Like I said, be careful.
|
wouldn't that be like saying that anyone who owns a rifle is giving the impression that they could be committing murder??
Not doubting you Tscar
|
|
|
04-16-2007, 10:34 PM
|
#9
|
|
Pro
Trade:
Outdoor D/B
Join Date: Jun 2005
Posts: 1,840
|
Quote:
Originally Posted by dirt diggler
sales is not the issue ...
like i said ... 50% of the marketshare ... captured by the big guys
|
Why does it matter what their market share is? Would it be any easier to sell pools if every builder in your area each held 2% of the market?
|
|
|
04-16-2007, 10:34 PM
|
#10
|
|
Pro
Trade:
masonry
Join Date: Feb 2006
Location: Austin
Posts: 3,483
|
No it wouldn't. Just be aware that anti trust and price fixing are real and serious issues and are pursued with vigor by state and federal agencies. Any time you have a group of companies or individuals from the same industry in formal or informal discussions there is always the possibility, if not the intent.
Just be proactive and aware of the issue, and you will generally be OK.
|
|
|
04-16-2007, 10:39 PM
|
#11
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
alright - general consensus is "bad idea"
see new idea
|
|
|
04-17-2007, 07:22 PM
|
#12
|
|
Pro
Trade:
Swimming Pool Contractor
Join Date: Oct 2006
Posts: 2,113
|
sure lets do it dirt, but out of conscience i must warn you,,,
ill suck up every sale, hold back leads, & offer you 10$ an hour afterwards
__________________
......Less with the jaw & More with the paw.....
|
|
|
04-17-2007, 07:36 PM
|
#13
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
Quote:
Originally Posted by POOLMANinCT
sure lets do it dirt, but out of conscience i must warn you,,,
ill suck up every sale, hold back leads, & offer you 10$ an hour afterwards
|
that's fine ...
i came up with the idea ... so i automatically get 51% ownership
|
|
|
04-17-2007, 07:55 PM
|
#14
|
|
It's all about the Avatar
Trade:
I have no face!
Join Date: Feb 2007
Posts: 1,789
|
I may be stating the obvious, are you not kind of doing this right now.....
|
|
|
04-17-2007, 08:08 PM
|
#15
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
Quote:
Originally Posted by woodmagman
I may be stating the obvious, are you not kind of doing this right now.....
|
might tell me what mean you?
(seriously)
|
|
|
04-17-2007, 08:27 PM
|
#16
|
|
Pro
Trade:
Swimming Pool Contractor
Join Date: Oct 2006
Posts: 2,113
|
dirt,
based on your operating model you have no chance of dominating new pool construction...
now renovation is another game, i think you know where to look  shhhhhhhhhhhhhhhh
__________________
......Less with the jaw & More with the paw.....
|
|
|
04-17-2007, 08:44 PM
|
#17
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
Quote:
Originally Posted by POOLMANinCT
dirt,
based on your operating model you have no chance of dominating new pool construction...
|
not in a million years
it's what's spawned the ideas lately
now - i don't have to dominate by any means to make a great living ....
but it's wild to think what it'd be like if I could
|
|
|
04-18-2007, 08:16 AM
|
#18
|
|
Registered User
Trade:
Moulding/Trimwork
Join Date: Mar 2007
Location: Washington, MO
Posts: 6
|
What about something like, doctors, lawyers, dentist do. A locator service.
Five small pool guys, toss thier marketing $ together and market. 1-800-Get-Pool and getpool.com (or whatever).
You just have to find a way to make sure everyone is getting a fair amount of the leads.
|
|
|
04-18-2007, 09:33 PM
|
#19
|
|
Pro
Trade:
contractor
Join Date: May 2006
Location: east
Posts: 3,314
|
Quote:
Originally Posted by PeteHalsted
What about something like, doctors, lawyers, dentist do. A locator service.
Five small pool guys, toss thier marketing $ together and market. 1-800-Get-Pool and getpool.com (or whatever).
You just have to find a way to make sure everyone is getting a fair amount of the leads.
|
right on
just SOMETHING to go against the big guys with.
i honestly am never threatened by other small and mid-sized companies. I shouldn't be a threat to them either.
The enemies of my enemy are my friends
from all the belly achin about Home Depot ... i'd think this idea/thread would resonate a little more around here ...
|
|
|
04-18-2007, 09:45 PM
|
#20
|
|
Pro
Trade:
masonry
Join Date: Feb 2006
Location: Austin
Posts: 3,483
|
The simple answer to competiton from any source is to improve youself. Do not allow the market to dictate your business plan or your prices. It is your job to set prices and standards, not follow them.
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
Rate This Thread |
Linear Mode
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|