Business Development And Being Uniquely You
Differentiation From Your Competition Is A Never Ending Endeavor
I
am going out on a limb here (not really) by guessing that at some point, your
mother mentioned to you just how special you are. If so, no doubt she was correct.
In
business, while you may be uniquely you, we have to ask ourselves just how
unique we are as a company.
If I am a commercial general contractor, what do I bring to the table that is
different than the other four GCs asked to bid on the same medical office
building? Won’t I have to lay the
foundation, erect the steel, install the mechanical systems exactly the same
way, as directed by the plans and specs, as any other contractor?
If I am a subcontractor, am I not tied to the same specified equipment as any
of my competitors? When it comes to executing
the scope of work, the opportunity to showcase how unique you are may be a bit
of a challenge.
So, how do we stand out and separate ourselves from the other ‘X’ number of
contractors in our field?
This
is where marketing happens.
Suppose
a prospect has the following criteria for contractor/vendor approval.
--Must have annual revenue of
at least $20,000,000
--Must have at least ten years experience
--Must have required bonding capacity
--Must have built at least three similar projects
--Must have a required safety
rating
Now, suppose you are one of five contractors invited to submit a proposal and
the results of all the above are exactly the same
for each company.
Also, the owner/prospect…and hopefully, future client, has stated that they are
not
a low bid firm.
What next?
If you are leaving it up to
your proposal to close the deal, you may be fooling yourself. From the moment you become aware of the
prospect, and they become aware of you, that is when you start closing the
deal. The proposal should just be the
punctuation mark at the end of the sentence.
Never stop reviewing and
refining your processes along the way as too often, we have worked with clients
that come to us for that very reason.
Why did we lose when our numbers were solid and more than competitive?
We have actually been tasked to find out “Why did we not make the ‘short list?” From
that exercise, we learned the following:
A sloppy website impresses no one. Something
as simple as, on your footer, stating: “Copyright 2018” when it is 2022 can
make a difference. ( Real world example
)
Information on the company alone and not the employees. The owner is going to interact with people
,
not ‘ABC Construction, LLC’.
( Real world
example
)
The contractor focused only on the numbers.
( Real world example
)
Maybe it’s time to review the ‘non-number’ portion of our proposals, our
website, our marketing. It is a given
the plans and specs will be followed to the letter. If you offer nothing new, different, unique
in that delivery, a constant question you need to ask is what makes you special
and how can we emphasize that to our prospects and clients?
It might be time for a full audit
of your business development and marketingprocesses.











