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Percentage of quotes


TIMON
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O.K being serious now.

I find that chasing larger contracts means I spend pro-rata less time quoting than on smaller domestic work thus freeing me up for...well work.

Ty

 

My role has completely changed and I don't do any "work" any more. Still really busy mind.. While small jobs can often take time to quote so can the large ones. I have literally spent days preparing tenders that you don't win and so don't get any payback from...

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Why the same money?

 

 

 

I like to win my work based on me selling our service. By this I mean, they ask me to quote, I go and look, talk the job through with them, give them a price and they say yes without getting more quotes. If they say they are getting more quotes more often than not I don't hear from them again, some people round here work for peanuts.

 

 

What I was getting at was:

 

Say you wanted to make £3k a week for your team.

 

You'd rather do that in 4 days rather than 5, right?

 

So if you're inundated at £600 a day, you put your prices up to £750. You lose 20% of the jobs you were getting, but you're still making the same money.

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What I was getting at was:

 

Say you wanted to make £3k a week for your team.

 

You'd rather do that in 4 days rather than 5, right?

 

So if you're inundated at £600 a day, you put your prices up to £750. You lose 20% of the jobs you were getting, but you're still making the same money.

 

With you yes, but your not likely to know how much you lost the quote by (if it was on price), plus if you spend an extra half day quoting in order to get enough work, you may actually be no better off.

 

Its a difficult balance, IMO, you spend more on advertising and more time quoting, to get enough work, but winning more of the available work may mean you can reduce advertising and time quoting, cutting costs and increasing profit.

 

Trying not to win work on price is best, if you can, IMO.

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