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Stesso

Price Flexible Work (Quality + Cost)

1:48
2:55
11.9K views

At 1:48 in

I asked Pops about how to Bid my 1st Job, The 3 Factors - Quality, Time, and Cost #electrician

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What happens here

Next, consider a customer who has a lot of time and wants quality work, but is also looking for a lower price. In this case, the customer prioritizes Quality and Cost. As a contractor, you can offer a reduced price by fitting the job into your schedule during slower periods. This means the customer trades immediate service (Time) for a better price. The speaker removes the 'Cost' sticky note to show 'Quality' and 'Time' as the chosen priorities for the tradesman, implying the customer has chosen Quality and Cost.

Goal: Understand how to price jobs when 'Cost' and 'Quality' are prioritized by the customer.

What they say

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Well, then you can expect money. Now, let's say he's got a lot of time. He's got a lot of time and he wants quality. Okay. Well, he's going to get a lower price, right? But now he has to wait for us. He has to wait for our schedule. We're going to give him a lower price, but we're going to fit him into our schedule. And if he doesn't want quality, we don't want anything to do with this type of customer. Okay? This is the type of customer that you guys probably work with if you're working for less than $100 an hour. Right? These are the guys that want cheap price and they want it done right now, but they don't even care about quality or they say they do, but it's impossible, impossible to

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