ECN Forum
Posted By: bot540 Best Advertising Choices - 11/18/06 11:49 PM
I am a fairly new contractor and looking into advertising. I was wondering what is a sucessful way to start advertising. I was thinking first I will have my truck lettered and then the yellow pages.
Posted By: renosteinke Re: Best Advertising Choices - 11/19/06 12:52 AM
Having a neat truck, properly labled, is almost an "essential." Not only does it attract business, it suddenly makes you "legitimate" in everyone's eyes.

Yellow pages are of value in direct proportion to how much of your business is based upon dealing with the general public. You might be surprised to learn that there are many contractors -licensed, bonded, legit, with fabulous bond limits- who aren't even in the white pages!

Advertising is effective only as far as it reaches the folks you want as customers. The means therefore depend upon on just who that market is. For example, a simple post-card campaign can be quite successful. "Know your customer."
Posted By: Sparks30 Re: Best Advertising Choices - 11/19/06 01:04 AM
I’ve only been on my own for a couple of months now. Best I've done is put up card on any store that has a pegboard, talk to local lighting specialty stores, and the signs on the van. So for doing all right.
Posted By: REW Re: Best Advertising Choices - 11/19/06 06:12 PM
Who is your target customer? Are you doing commercial new construction, commercial service, residential new construction or residential service? Your advertising will depend on who you are trying to reach.
Posted By: bot540 Re: Best Advertising Choices - 11/19/06 07:08 PM
I am a fairly new contractor so I will take any work I can find. However I do favor commercial work.
Posted By: Tiger Re: Best Advertising Choices - 11/19/06 07:44 PM
Save yourself, save your family. Get out quick and get a real job. You'll thank me later.

Dave
Posted By: renosteinke Re: Best Advertising Choices - 11/19/06 10:27 PM
It's time to remind us all of the "80/20 rule" In this case, 80% of your work will come from 20% of your customers.

This means it is critical to identify the customers before you do anything else. You can't hit a target you can't see. That handful of regular, repeat customers will make or break a business. Period.

The second thing you need to do is make sure the customers know what sets you apart from everyone else. You should never let anyone consider you a 'commodity', interchangeable with a host of other contractors.

This is what a "business plan" is all about. Just for the sake of discussion, let me invent one:

A town has lots of old homes, the type with fuse boxes. To make thing worse, the ground tends to be very rocky, and it is a real chore to drive a ground rod.
Along comes "Drivin' Dan." He's a clever sort, and has cobbled together a rig that lets him drive a rod anywhere, in less than an hour.
Dan lables his truck "Drivin' Dan, the Ground Rod Man." Besides doing service changes himself, he subs out to other contractors, agreeing to drive rods for them for, say, $200. He's got a ready made base of both customers, and referrals.

Now, time goes by, the town grows, and Dan sees that sooner or later, every house will have one of his ground rods. So, he looks around for another "niche" to fill. Maybe his rig can be modified to hang transformers....
Posted By: Dnkldorf Re: Best Advertising Choices - 11/20/06 03:04 AM
You nailed it John, niche.

Baz, Rich has a good point, define your market. What do you want to do, and how is everyone else doing it?

You can have a very lucrative business, with very little advertising. Advertising can be a huge re-occuring overhead expense.

IMO, Best advertising is trucks, a name that is catchy, and word of mouth.
Posted By: REW Re: Best Advertising Choices - 11/20/06 01:12 PM
Bot,

If you want to do commercial work, the fastest easiest way to get contractors to notice you is to call them. Ask to be put on their bid list. You will be soon flooded with Invitations to Bid. Choose the jobs that you wish to bid wisely. Do not be afraid to decline to bid, or even decline to accept a job if the terms, timing, or manpower situation is not right for you. Don't let the GC run your business for you. They are not doing you any favors by awarding the job to you, if fact, since you are just getting started, they may be trying to take advantage of you. Trust your gut instict about jobs and contractors, it is usually right.

Good luck
Posted By: mahlere Re: Best Advertising Choices - 11/20/06 02:25 PM
it also depends on if you want to grow and how fast. want to do residential service and have 5 trucks on the road asap - big time yp advertising.

want to stay a one man shop (maybe with a helper) and pick and choose projects. don't advertise in the yp. don't need it.

there are so many variables, you really need to determine your goals...
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