The landscape of the building materials sector has particular challenges when it comes to attracting new clients. To successfully grow their customer base, salespeople must overcome several challenges that make the process far from simple. The purpose of this article is to highlight the top five obstacles that sellers of building materials encounter while trying to bring in new clients.
1. Value vs. Price: Let's say you're at a classy restaurant with two steak options. One is a little more expensive, but it's perfectly aged and presented on a silver platter. Although the other steak is less expensive, it resembles a grill-marked shoe sole. Salespeople frequently struggle to persuade clients that quality is more important than pricing. Don’t be shy to advocate about your product if it meets high standards.
How can salespeople for building materials approach this problem? Spend some time getting to know your clients so that you can customize solutions to meet their specific demands. Not every architect character, for instance, is the same. An architect who values sustainability will resonate with a very different solution to another architect who mostly values strength and durability. So, it’s vital to not only communicate the value proposition of your products, but also personalise it based on who you’re speaking to.
2. Market Rollercoaster: Price volatility can result from changes in the global commodities markets, which affect the cost of building supplies. Because of this, it is challenging for businesses to keep a steady budget for their initiatives. Businesses can utilise financial tools like futures contracts to lock in prices for a later date and lessen the impact of price volatility. Keeping a varied supplier base can also assist guarantee that materials are available at reasonable costs.
How can salespeople for building materials approach this problem? If your business provides futures contracts, make sure to inform clients about the advantages of long-term agreements as a way to reduce price volatility. In order to assist them in making wise selections, you can also give them regular updates on market developments. You may establish trusting relationships by taking the initiative and being open and honest about pricing and market conditions. Even in a market that is unstable, this trust can result in a rise in repeat business and client loyalty.
3. Quality Control: Another significant difficulty is guaranteeing the materials' quality. Low-quality materials can cause the company's reputation to suffer, as well as project delays and higher expenses. Ensuring the consistent quality of materials can be facilitated by putting in place a strong quality control system. It might also be advantageous to conduct regular audits of suppliers to make sure they follow the established quality requirements.
How can salespeople for building materials approach this problem? Show, don’t tell. Allow buyers to feel and touch the quality. Give thorough product details and showcase the caliber of your materials. To reassure buyers about the quality of your products, you may also like to include case studies and testimonials. Additionally, you can collaborate closely with suppliers to make sure that they adhere to the agreed-upon quality standards. Frequent supplier audits provide advantages. To show your clients how dedicated you are to quality, you can share these audit results with them. Make sure to ask for customer input as well, since it can be helpful for ongoing development and help your clients feel heard and appreciated.
4. Finding the important decision-makers: Determining the decision-makers in the construction industry is like cracking a mystery. The complex network includes developers, architects, engineers, contractors, subcontractors, resellers and distributors. Who is in possession of the project's golden key? Understanding the roles and duties of these stakeholders is essential for successfully navigating the sales process, since each one has a distinct influence and position in the construction process.
How can salespeople for building materials approach this problem? Like a corporate Sherlock, you must take the time to learn about the many stakeholders' responsibilities and the hierarchy in the construction sector in order to lessen this problem. Concentrate on establishing trusting bonds with all of the important participants in a project. This can be accomplished by exhibiting regular contact, offering helpful resources, and demonstrating a thorough knowledge of the sector. A more customised and successful sales strategy can be achieved by tracking interactions with many stakeholders through the use of Customer Relationship Management (CRM) solutions.
5. Customer Behavior: Compared to 2021 and 2023, the market is currently driving various customer behaviours. In order to better serve their current demands, builders and general contractors (GCs) feel more at ease trying alternative products or switching to other distribution channels. Building material manufacturers and sellers must therefore reconsider the perceived value of their products to end users. It's critical to comprehend and adjust to shifting consumer behaviour. This could entail reconsidering the products that are offered, enhancing customer support, or providing more flexible delivery alternatives. Developing enduring connections with clients can also result in a deeper comprehension of their requirements and preferences.
How can salespeople for building materials approach this problem? It's critical to comprehend the requirements and preferences of your customers in order to adjust to their shifting behaviour. This might involve reconsidering the products that are offered, speculating about their future move, enhancing customer support, or providing more flexible delivery alternatives. Using digital tools to better understand and interact with clients is beneficial. Above all, though, cultivating solid relationships is crucial since it will lead to repeat business, client loyalty, and referrals. sales of building supplies and building materials
Would you like to learn the exact strategy and process for building your sales pipeline and getting more qualified meetings in the building material industry? Then be sure to join our FREE Webinar - Developing a Durable Pipeline in Construction Sales - Webinar
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