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How to Win More Business
… at Higher Margins
Welcome
 Relax
 Enjoy – eat, drink, connect,
 Be Open – take notes, ask how?
 Phones, parking, toilets
 Participate – share
 Contribute & Win…
 Link to slides – slideshare.net/trade insights
Today…
Take home…
1. Tools to significantly increase conversion rates
2. Ways to increase profits
3. Game Plan to implement these tools
4. Real example/case study
• Conversion up from
27% to 73%
• Av. $ job from $7,000
to $13,500
• Gross profit per job
from 38% to over
65%
Case study…
Luke
Who is PROTRADE United?
We believe in a united effort and collective
knowledge to help you find an even better way
to run your business…
Trade specific solutions in…
• Strategy – income, cash flow, profit, team development
• Accounting – financially well organised, minimise tax,
• Marketing – online & offline
• System Integration – streamline IP into the cloud & protected
Why PROTRADE United?
Ultimately for 3 reasons…
1. To give you the luxury of an unhurried life
2. To raise the standards of trades and related
service businesses around Australia
3. Decrease the anxiety and depression related
deaths amongst trades
Some of our clients…
Quick hello…
Breaking the Mould
How to make the transition from being a
‘tradie’ to a
professional of your trade…
Challenges…
Does it get any easier?
Don’t wish it was easier.
Wish you were better.
Jim Rohn…
Your own economy…
Psychology vs. Skills/Ability
Are you prepared to change?
Earning potential with your
hands?
$000’s
Earning potential with your
head?
$000,000’s
Existing
* # Lead/Enquiries 500
x
* Sales Conversion Rate 30%
=
Total New Jobs 150
x
* Average Job Value $ 3000
=
Total Income $ 450,000
The power of leverage
Existing
10%
Increase
* # Lead/Enquiries 500 550
x
* Sales Conversion Rate 30% 33%
=
Total New Jobs 150 182
x
* Average Job Value $ 3000 $ 3300
=
Total Income $ 450,000 $ 600,600
The power of leverage
33%Increase
Existing
10%
Increase
20%
Increase
* # Lead/Enquiries 500 550 600
x
* Sales Conversion Rate 30% 33% 36%
=
Total New Jobs 150 182 216
x
* Average Job Value $ 3000 $ 3300 $ 3600
=
Total Income $ 450,000 $ 600,600 $ 777,600
The power of leverage
33% 73%Increase
Existing
10%
Increase
20%
Increase
50%
Increase
* # Lead/Enquiries 500 550 600 750
x
* Sales Conversion Rate 30% 33% 36% 45%
=
Total New Jobs 150 182 216 338
x
* Average Job Value $ 3000 $ 3300 $ 3600 $ 4500
=
Total Income $ 450,000 $ 600,600 $ 777,600 $1,521,000
The power of leverage
33% 73% 240%Increase
Default vs. Design
Change…are you up for it?
Need a recipe…
Adapt the ideas…
To suit your business and
target customer…
Need a recipe…
Ingredients…
1. Key TARGET Customer
2. Build amazing VALUE
3. Create world class PERCEPTION
4. Build TRUST as quickly as possible
5. Be DIFFERENT
6. HELP… don’t hold up
Who is the ‘target’
customer?
Who is the ‘target’
customer?
Sweet Spot
10-15%
Majority
70-80%
Smaller Market
10-15%
Larger Market
10-15%
Dream
Client
Profitable
Pay
PleasurePartner
Pathway
Who is the ‘target’
customer?
Where is your VALUE?
Perception = Reality
Perception = Reality
• Brand touch points
• Uniform
• Signage
• 1300 #
• Voice Mail
• Business email
• Stationary
How to build trust…FAST?
1. Do what you say you were going to…when you
said you would…in the manner you committed
2. Be a ‘Visible Expert’*
3. Present as a professional*
4. Educate – DON’T sell*
5. Provide real examples/case studies*
* = Credibility Pack
Credibility Pack
Who do you choose?
Better is NOT Better!
DIFFERENT is
Better
Even if it doesn’t make sense!
What has been valuable?
Need a recipe…
Ingredients…
1. Key TARGET Customer
2. Build amazing VALUE
3. Create world class PERCEPTION
4. Build TRUST as quickly as possible
5. Be DIFFERENT
6. HELP… don’t hold up
• Conversion up from
27% to 73%
• Av. $ job from $7,000
to $13,500
• Gross profit per job
from 38% to over
65%
Case study…
Luke
Case Study… Pre
• NO plan/system
• NO clear target market – everything to everyone
• NO clear differential
• NO website
• NO voicemail – just voice to text
• Unshaven, dirty when meeting customers
• Constantly late
• No question guide
• Rough quotes done – email through, 1 - 2 weeks later
Case Study… Changes #1
• Created a system/game plan – target client
• 1-page website
• 1300 #
• Voice Mail recording
• Created a Credibility Pack – educated…
• Booked client visits at set times – email & SMS
• Shaved, dressed professionally
• Arrived on time
• Took Tim Tams
Method…
1. Build CONNECTION
2. Gather INTELLIGENCE
3. Present the SOLUTION
4. ASK for the business
5. FOLLOW UP and follow through
Need a recipe…
People buy
YOU first…
CONNECT!
1. Initial call/enquiry – explain the steps
2. Book F2F meeting
3. Email information & confirmation
4. SMS
5. Arrive with Credibility Pack
6. Be prepared
7. Converse
The touch points..
Language
Language
Replace with
Appointment Chat/Time to get together
Quote Plan/Proposal/Outline
Cost or Price Investment
Contract/Agreement Paper work/Form
Deal Opportunity
Sign Authorise/OK/endorse
Problem Small challenge
Objections Area of Concern
Cheaper More economical
Pay Fix up/Take care of/ Look after
Ask questions…
Be
curious!
NOT…
Present in person…
Follow up…
What has been valuable?
Combine Hi Tech
With
Hi TOUCH!
C.R.M.
C.R.M.
Meeting Schedule
Job Management
• Conversion up from
27% to 73%
• Av. $ job from $7,000
to $13,500
• Gross profit per job
from 38% to over
65%
Case study…
Luke
Case Study… Pre
• NO plan/system
• NO clear target market – everything to everyone
• NO clear differential
• NO website
• NO voicemail – just voice to text
• Unshaven, dirty when meeting customers
• Constantly late
• No question guide
• Rough quotes done – email through, 1 - 2 weeks later
Case Study… Changes #1
• Created a system/game plan – target client
• 1-page website
• 1300 #
• Voice Mail recording
• Created a Credibility Pack – educated…
• Booked client visits at set times – email & SMS
• Shaved, dressed professionally
• Arrived on time
• Took Tim Tams
Case Study… Changes #2
• Ask set questions
• Took photos
• Created a Home Improvement Plan
• Presented in person
• Increase pricing, upsold extras – plants, services,
• Follow up effectively/promptly
• Thankyou gift on acceptance of job
• Completed on/before time
• Asked for referrals
• Thank you gift on completion
What has been valuable?
What ACTION will you take?
It’s interesting you know…
Most of business owners will…
• Hear what we say,
• Understand it intellectually,
• Agree with all the principles,
• Get excited about what’s possible
• KNOW that it is the thing they should
do, yet…
Do nothing!
What gets in the way…
LIFE
!
Which leads to?
Your opportunity to get clear
Complimentary Strategy
Session
• Where you are
• Where you want to be
• The Game Plan to get
your there…
Participant or Spectator…?

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How to Win More Business at Higher Margins

  • 1. How to Win More Business … at Higher Margins
  • 2. Welcome  Relax  Enjoy – eat, drink, connect,  Be Open – take notes, ask how?  Phones, parking, toilets  Participate – share  Contribute & Win…  Link to slides – slideshare.net/trade insights
  • 3. Today… Take home… 1. Tools to significantly increase conversion rates 2. Ways to increase profits 3. Game Plan to implement these tools 4. Real example/case study
  • 4. • Conversion up from 27% to 73% • Av. $ job from $7,000 to $13,500 • Gross profit per job from 38% to over 65% Case study… Luke
  • 5. Who is PROTRADE United? We believe in a united effort and collective knowledge to help you find an even better way to run your business… Trade specific solutions in… • Strategy – income, cash flow, profit, team development • Accounting – financially well organised, minimise tax, • Marketing – online & offline • System Integration – streamline IP into the cloud & protected
  • 6. Why PROTRADE United? Ultimately for 3 reasons… 1. To give you the luxury of an unhurried life 2. To raise the standards of trades and related service businesses around Australia 3. Decrease the anxiety and depression related deaths amongst trades
  • 7. Some of our clients…
  • 9. Breaking the Mould How to make the transition from being a ‘tradie’ to a professional of your trade…
  • 11. Does it get any easier? Don’t wish it was easier. Wish you were better. Jim Rohn…
  • 14. Are you prepared to change?
  • 15. Earning potential with your hands? $000’s
  • 16. Earning potential with your head? $000,000’s
  • 17. Existing * # Lead/Enquiries 500 x * Sales Conversion Rate 30% = Total New Jobs 150 x * Average Job Value $ 3000 = Total Income $ 450,000 The power of leverage
  • 18. Existing 10% Increase * # Lead/Enquiries 500 550 x * Sales Conversion Rate 30% 33% = Total New Jobs 150 182 x * Average Job Value $ 3000 $ 3300 = Total Income $ 450,000 $ 600,600 The power of leverage 33%Increase
  • 19. Existing 10% Increase 20% Increase * # Lead/Enquiries 500 550 600 x * Sales Conversion Rate 30% 33% 36% = Total New Jobs 150 182 216 x * Average Job Value $ 3000 $ 3300 $ 3600 = Total Income $ 450,000 $ 600,600 $ 777,600 The power of leverage 33% 73%Increase
  • 20. Existing 10% Increase 20% Increase 50% Increase * # Lead/Enquiries 500 550 600 750 x * Sales Conversion Rate 30% 33% 36% 45% = Total New Jobs 150 182 216 338 x * Average Job Value $ 3000 $ 3300 $ 3600 $ 4500 = Total Income $ 450,000 $ 600,600 $ 777,600 $1,521,000 The power of leverage 33% 73% 240%Increase
  • 24. Adapt the ideas… To suit your business and target customer…
  • 25. Need a recipe… Ingredients… 1. Key TARGET Customer 2. Build amazing VALUE 3. Create world class PERCEPTION 4. Build TRUST as quickly as possible 5. Be DIFFERENT 6. HELP… don’t hold up
  • 26. Who is the ‘target’ customer?
  • 27. Who is the ‘target’ customer? Sweet Spot 10-15% Majority 70-80% Smaller Market 10-15% Larger Market 10-15%
  • 29. Where is your VALUE?
  • 31. Perception = Reality • Brand touch points • Uniform • Signage • 1300 # • Voice Mail • Business email • Stationary
  • 32.
  • 33. How to build trust…FAST? 1. Do what you say you were going to…when you said you would…in the manner you committed 2. Be a ‘Visible Expert’* 3. Present as a professional* 4. Educate – DON’T sell* 5. Provide real examples/case studies* * = Credibility Pack
  • 35. Who do you choose?
  • 36. Better is NOT Better! DIFFERENT is Better
  • 37.
  • 38.
  • 39. Even if it doesn’t make sense!
  • 40. What has been valuable?
  • 41. Need a recipe… Ingredients… 1. Key TARGET Customer 2. Build amazing VALUE 3. Create world class PERCEPTION 4. Build TRUST as quickly as possible 5. Be DIFFERENT 6. HELP… don’t hold up
  • 42. • Conversion up from 27% to 73% • Av. $ job from $7,000 to $13,500 • Gross profit per job from 38% to over 65% Case study… Luke
  • 43. Case Study… Pre • NO plan/system • NO clear target market – everything to everyone • NO clear differential • NO website • NO voicemail – just voice to text • Unshaven, dirty when meeting customers • Constantly late • No question guide • Rough quotes done – email through, 1 - 2 weeks later
  • 44. Case Study… Changes #1 • Created a system/game plan – target client • 1-page website • 1300 # • Voice Mail recording • Created a Credibility Pack – educated… • Booked client visits at set times – email & SMS • Shaved, dressed professionally • Arrived on time • Took Tim Tams
  • 45. Method… 1. Build CONNECTION 2. Gather INTELLIGENCE 3. Present the SOLUTION 4. ASK for the business 5. FOLLOW UP and follow through Need a recipe…
  • 47. 1. Initial call/enquiry – explain the steps 2. Book F2F meeting 3. Email information & confirmation 4. SMS 5. Arrive with Credibility Pack 6. Be prepared 7. Converse The touch points..
  • 49. Language Replace with Appointment Chat/Time to get together Quote Plan/Proposal/Outline Cost or Price Investment Contract/Agreement Paper work/Form Deal Opportunity Sign Authorise/OK/endorse Problem Small challenge Objections Area of Concern Cheaper More economical Pay Fix up/Take care of/ Look after
  • 54. What has been valuable?
  • 60. • Conversion up from 27% to 73% • Av. $ job from $7,000 to $13,500 • Gross profit per job from 38% to over 65% Case study… Luke
  • 61. Case Study… Pre • NO plan/system • NO clear target market – everything to everyone • NO clear differential • NO website • NO voicemail – just voice to text • Unshaven, dirty when meeting customers • Constantly late • No question guide • Rough quotes done – email through, 1 - 2 weeks later
  • 62. Case Study… Changes #1 • Created a system/game plan – target client • 1-page website • 1300 # • Voice Mail recording • Created a Credibility Pack – educated… • Booked client visits at set times – email & SMS • Shaved, dressed professionally • Arrived on time • Took Tim Tams
  • 63. Case Study… Changes #2 • Ask set questions • Took photos • Created a Home Improvement Plan • Presented in person • Increase pricing, upsold extras – plants, services, • Follow up effectively/promptly • Thankyou gift on acceptance of job • Completed on/before time • Asked for referrals • Thank you gift on completion
  • 64. What has been valuable?
  • 65.
  • 66. What ACTION will you take?
  • 67. It’s interesting you know… Most of business owners will… • Hear what we say, • Understand it intellectually, • Agree with all the principles, • Get excited about what’s possible • KNOW that it is the thing they should do, yet…
  • 68. Do nothing! What gets in the way… LIFE !
  • 70. Your opportunity to get clear Complimentary Strategy Session • Where you are • Where you want to be • The Game Plan to get your there…

Editor's Notes

  1. Steve Jobs