Refine Bidding Strategy and Conduct Market Research
At 3:18 in
Q & A Decoding Estimates for Construction, Landscaping and Lawn care #1
What happens here
After analyzing individual jobs, continuously refine your bidding strategy. This involves not only adjusting your own rates based on past performance but also understanding market rates in your specific area (e.g., Milwaukee, San Francisco, Austin). While every job is unique due to varying square footage, conditions, and other factors, past jobs and market research provide valuable guidelines. The host notes that he even uses his own self-created training courses, which are based on real job numbers, as reminders and learning tools for his own bidding process.
Goal: Continuously improve bidding accuracy by combining personal job data with competitive market intelligence.
Tools and materials
- Internet Access N/A — Conducting market research on competitor pricing
- Market Pricing Information N/A — To benchmark and adjust your pricing
What they say
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What they say
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