Final Pricing Strategy and Customer Communication
At 15:39 in
How to bid a Paver Patio
What happens here
The final step involves synthesizing all pricing components into a competitive and profitable bid and communicating it effectively to the customer. The presenter clarifies that for the example patio, he charged $19.70 per square foot for the paver installation itself. This price falls within his local market range ($18-$23/sq ft) but is on the higher end due to the small size of the patio and the significant number of cuts required by its semi-circular design. He also notes that he incorporates the cost of cutting directly into the per-square-foot price for the blocks. For the final invoice, he relies on the supplier's spreadsheet, which details all materials delivered, including any waste or cut pieces. This ensures transparency, validates costs, and allows him to promptly bill the client after project completion. By employing these strategies, contractors can ensure they are compensated for all materials and labor, maintaining profitability while delivering fair pricing.
Goal: Develop a competitive and profitable bidding strategy and ensure accurate final invoicing with transparent customer communication.
Tools and materials
- Computer Apple — Managing client communication and generating invoices
- Supplier Spreadsheet — Validating material quantities for the final invoice
What they say
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What they say
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