Legend Has It

Don't let myths about large-production builders keep you from a potentially profitable revenue source.

10 MIN READ
  • Offer competitive pricing with value-added services; use services to negotiate prices.
  • Leverage large-volume purchases to negotiate prices and/or better services from wholesalers and distributors.
  • Charge for additional services or upgraded product quality.
  • Anticipate needs and issues in the market and offer solutions.
  • Up-sell or offer upgraded options for higher-priced tracts.
  • Maintain contact with small-volume customers to retain that business.
  • Maintain a diverse customer mix to hedge market shifts and offset low margins from high-volume commodity sales.
  • Dedicate sales associates to serve specific customer types (big or small).
  • Provide a mix of products applicable to customers of all sizes.
  • Become the local source for “fill-ins” on large one-step LBM orders.
  • Build relationships with purchasing agents, subs, and superintendents alike.
  • Investigate your market demographics for likely big builder activity or growth.
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