Friday, October 9, 2015

Identify (Profile) Your Best Customers

            Make a list of your best customers.  What made them good customers? Where do they live? What age group are they in? Where do they hang out?
            If you can identify your best customers and create a profile then you can go out and look for customers just like them.
            If you have several great customers from a particular area, a particular size home, or a particular age home then you may be able to look in those same areas for new great customers.
            For example if there is a nearby town that has homes that are twenty to thirty years old and are due for remodeling and upgrades it is better place to look than a subdivision only a year old where everything is new.
            The reverse is also true. You do not need to red line which means refuse to work in certain areas but if there is a town where unemployment is very high and property values are falling it might not be the place to prospect. If you do get a prospect make sure they can afford to pay you.
           
            Some things to look for:
·       Age group
·       Income range
·       Age of home
·       Value of home
·       How long the prospect has owned the home.
·       Rising or sinking home values in area
·       Retired
·       Marital status
·       Type of employment
·       Club membership
·       Age of children - grade in school
            Once you understand what kind of customer is best for you look for that customer and tailor your product to serve that profile. 

            You can also develop profiles for customers that are a problem for you. When we were building homes we used to hate lawyers because it took longer to do the contract than build the home. 

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