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TCF1018: The Importance of Pricing Transparency

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Manage episode 481821137 series 116720
Content provided by Tom Reber. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Reber or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, hosts Tim and Derek dive into a topic that continues to trip up many contractors - pricing transparency. They break down why giving ballpark figures or bracketing prices over the phone isn't just possible, but necessary in today's fast-paced, customer-centric world. With real-world examples and practical advice, they challenge outdated norms and equip contractors with the tools and mindset to stop wasting time on unqualified leads and start running more profitable businesses.

In this episode Tim and Derek discuss:

  • The outdated mindset that contractors must see a job in person to give a price.
  • Why bracketing and ballpark pricing over the phone saves time and qualifies better leads.
  • Real examples from their own businesses and roleplays on how to use pricing transparency effectively.
  • The cost in time and money of chasing every estimate without qualification.
  • How to use video, photos, and strategic questioning to assess jobs remotely.
  • The dangers of the “race to the bottom” pricing strategy and how to avoid it.
  • Understanding the buyer's journey and aligning your sales process to meet them where they are.
  • The importance of knowing your numbers and confidently communicating value.


Resources:

=================================

🛡️ Join us in BATTLEGROUND

Everything your contracting business needs in one comprehensive program. Three main focus areas: Leadership, Communication, and Numbers. For more info visit:

https://thecontractorfight.com/battleground

==================================

💰 You didn’t become a contractor to struggle financially.

Download our worksheet and start calculating a 50% gross profit on every job. It’s time to get your shit together!

https://thecontractorfight.com/50/

🎥 Explore over 1,400 free videos on Contractor Fight TV:

https://www.youtube.com/c/TomReber

💬 Join over 18,000 contractors in the free Facebook group:

https://thecontractorfight.com/facebook

== Rate the Podcast ==

Help your fellow contractors find the podcast! Please leave a rating/review.

Apple Podcasts

Spotify

  continue reading

1014 episodes

Artwork
iconShare
 
Manage episode 481821137 series 116720
Content provided by Tom Reber. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Reber or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, hosts Tim and Derek dive into a topic that continues to trip up many contractors - pricing transparency. They break down why giving ballpark figures or bracketing prices over the phone isn't just possible, but necessary in today's fast-paced, customer-centric world. With real-world examples and practical advice, they challenge outdated norms and equip contractors with the tools and mindset to stop wasting time on unqualified leads and start running more profitable businesses.

In this episode Tim and Derek discuss:

  • The outdated mindset that contractors must see a job in person to give a price.
  • Why bracketing and ballpark pricing over the phone saves time and qualifies better leads.
  • Real examples from their own businesses and roleplays on how to use pricing transparency effectively.
  • The cost in time and money of chasing every estimate without qualification.
  • How to use video, photos, and strategic questioning to assess jobs remotely.
  • The dangers of the “race to the bottom” pricing strategy and how to avoid it.
  • Understanding the buyer's journey and aligning your sales process to meet them where they are.
  • The importance of knowing your numbers and confidently communicating value.


Resources:

=================================

🛡️ Join us in BATTLEGROUND

Everything your contracting business needs in one comprehensive program. Three main focus areas: Leadership, Communication, and Numbers. For more info visit:

https://thecontractorfight.com/battleground

==================================

💰 You didn’t become a contractor to struggle financially.

Download our worksheet and start calculating a 50% gross profit on every job. It’s time to get your shit together!

https://thecontractorfight.com/50/

🎥 Explore over 1,400 free videos on Contractor Fight TV:

https://www.youtube.com/c/TomReber

💬 Join over 18,000 contractors in the free Facebook group:

https://thecontractorfight.com/facebook

== Rate the Podcast ==

Help your fellow contractors find the podcast! Please leave a rating/review.

Apple Podcasts

Spotify

  continue reading

1014 episodes

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