How to Promote your Handyman Business in Tobaccoville ?
If you are a handyman who knows how to fix just about everything, your skills and talents are in demand. People who do not want the expense of hiring a contractor or a plumber to fix a simple leak will utilize the services of a handyman as well as someone who needs help with other projects such as painting, carpeting, cleaning gutters and making repairs around the house. Owning and operating your own handyman business in Tobaccoville can be profitable, challenging and rewarding. In order to attract customers, you must market yourself and your business. Promote a handyman business by advertising and attracting testimonials and references.
Local marketing in Tobaccoville has multiple benefits businesses in a number of ways. As a business owner, you have the chance to demonstrate to new home-based customers your products and services in Tobaccoville. You can raise awareness in the community about your company. Your enterprise can easily become a household name by being front and center in the neighborhood where you are located.
Start a Handyman Business The Modern Way
You've decided to start your own handyman business. Congratulations! Ahead of you is both an exciting and challenging time since the skills required to be a handyman are not necessarily the same skills that are required to run and market a business. I am assuming that you have the skills required to perform your job as a professional handyman and you know how to provide excellent core service to your clients.
I will be helping you answer the types of questions I get most often from business owners and handyman business owners in particular: how do I market my business and get clients.
There are two major categories for marketing: database marketing and marketing to build your database. Let's look at each one so you can understand their relationship.
Database marketing is marketing to the people that already know and hopefully like and trust you. This includes your existing clients. It also includes your friends, family and business associates that may refer you business. Additionally, it is also made up of potential prospects that have inquired about your service.
Marketing to build your database is probably the marketing you imagined doing to promote your business. This is marketing to the general public to build up your database. Sure, you might do some marketing to find out that someone has an immediate need and the are going into your database at the same time that you going to give them a bid for work they need to get done, but you need to take a much longer view of your business than just generating immediate business. Immediate business is critically important for cash flow, but you are probably going to want to build your handyman business up to the point where you are not relying on the more expensive marketing of acquiring a new client and instead rely on a carefully nurtured and maintained list of existing clients that repeatedly comes back to you with all their handyman needs.
Handyman Business Goal Setting and Achieving
There are 3 factors that make up your total yearly revenue in your handyman business. Let's take a look at all three and then go over a couple ways to improve each one.
The first factor that affects your total income is the number of clients that you provide your handyman service to during the year. To increase the number of clients that you can provide your core service to you might do more marketing or work on improving your marketing or both. Another way to increase the number of clients that you work with is to improve your ability to convert prospects to clients. Finally the last way to increase the number of clients is to focus on stimulating and asking for more referrals.
The second factor that affects your total income as a handyman business owner is the transaction value per client. If you direct your marketing toward prospects that are worth more money per transaction like kitchen remodels versus "honey do" work, you can easily and significantly increase the transaction size per client and improve your overall revenue. A commonly overlooked method of improving your transaction size per client is to consider raising your rates. Often handyman business owners that meet with me for consulting need help working on the inner game or justification in their mind for raising their prices. Usually you can overcome that challenge by using more marketing to increase demand for you service enough to raise your price without the fear of losing clients.
The third factor that affects your total yearly income as a handyman is to increase the number of transactions per client per year. To accomplish this, we must presume that you are already properly caring for and nurturing your existing client base. You must be doing work that is worthy of both repeat business and referrals. Having said that, there are things we can do to increase the number of transactions per year per client including systematic follow up to your "in house" database like with a newsletter. It also helps to be able to properly diagnose and prescribe additional work for clients that are you doing work for.
In conclusion, the three factors that determine your total yearly revenue in your handyman business are: number of clients, transaction value per client and number of transactions per client. Increase one or all three. Since they are factors, any improvement in one (or more) multiplies out to have a compound effect on your total revenue.
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