Effective October 1, 2021, EnerBank USA ("EnerBank") merged with and into Regions Bank. Learn more here

4 Effective Sales Strategies to Grow Your Business

Posted August 9, 2022 by EnerBank USA

couple digitally signing docs

The home improvement industry depends on contractors to oversee and complete their renovation projects — but that doesn’t mean you’re always hitting your sales goals.
The good news is that expanding your business doesn’t have to be particularly challenging. Whether you’ve been in the industry for years, or you’re just starting out, landing more projects isn’t just luck, it’s the product of careful planning. By finding the right sales strategy to grow your business, you can enjoy a boost in your customer base.

How to Increase Your Sales

While you may be an expert on matters related to the home renovation industry, sales and marketing might not be your strong suit. Below are some strategies you can start implementing right now:

Play to Your Strengths

One way to set yourself apart from competitors is to identify a niche market or specialize in a specific skill. It’s easy to sell your specialized skills since people are more likely to choose experts in their fields. But don’t focus too much on the competition — instead, aim to enhance your own strengths. With the help of a unique sales strategy to grow your business, you can further build upon your strengths and deliver on your value proposition.

Practice Proactive Marketing

The more effort you put into informing people about your business, the better chances you’ll have of getting bigger and better projects. One good marketing strategy to grow your business is to keep your clients’ wants and needs top of mind and include that in your marketing materials. You’ll make current customers happy and attract new ones by doing so. Also, consider building out your online presence with a strong portfolio of your work, since people research contractors online before contacting them.

Invest in Your Business

Another important sales strategy to grow your business is to invest your money, time, and energy in other portions of your business aside from the actual renovation project itself. This includes focusing on your marketing, sales, and customer service areas; but don’t overlook technology, equipment, and tools that improve the quality of your products and services. These improvements can help you attract more business, since your differentiator will be that you have the best people and equipment to deliver outstanding results.

Join Associations

You can often build long-term partnerships with those in your industry, which plays a key role in maintaining a strong business. Contractor organizations and associations can build your network and support your business growth by helping with business skill development. They can also give you information about the latest industry trends and connect you with potential clients. While this sales strategy to grow your business may not bring you immediate profits, you’ll enjoy many benefits in the long run.

One of the best ways to grow your business is by offering payment options from Enerbank USA. By combining these leading strategies to grow your business along with your very own payment options program, you can soon see an increase in sales and experience a thriving business. Fill out the contact form on this page today to learn more about joining a loan program.


Recent Posts