wiccapedia: "A commodity is some good for which there is demand, but which is supplied without qualitative differentiation across a market. It is a product that is the same no matter who produces it, such as petroleum, notebook paper, or milk...One of the characteristics of a commodity good is that its price is determined as a function of its market as a whole."
wraps are a commodity
mark galoob
You know what it probably was in the end. Someone describing to you what they were looking for as a "wrap" and really they don't truly understand what a wrap is. So you are quoting on full graphics covering the entire vehicle in full colour, and your competitor is doing potentially just vinyl graphics or a combination of print and digital.
I find a lot of times I am that off on an estimate is that we aren't comparing apples to apples and that is where the dramatic different is.
If however they are charging $1700 for a sprinter.. well then they aren't very bright...
Soapbox anyone?
Simple, they like your work and go with you, or go somewhere else. No reason to get all fired up over it. I used to get mad when I lost a job or did even get a chance to bid on it.
You can't let that control yor life. I used to and now I am a raging alcoholic because of it. Just let it go and worry about the next job. Go with the flow man!!!!
Jon, I'm not sure I follow what you're saying here. If you don't get them the results they expect, they will happily fork over more cash to you so you can get the results they expected this time? That doesn't sound quite right. It's beem my experience that if you fail to deliver the first time, you get a chance (if you're lucky) to make it right for free or you'll never see a dime from that customer again.Follow up with your customers, in the weeks and months that follow an installation. Is the wrap helping them meet their objectives? If yes, get results-focused testimonials for your website, brochures, future campaigns. If not, then you have an opportunity to help them surpass their objectives... sell them a better sign, or window graphics, or whatever.
If you don't get them the results they expect, they will happily fork over more cash to you so you can get the results they expected this time?That doesn't sound quite right. It's beem my experience that if you fail to deliver the first time, you get a chance (if you're lucky) to make it right for free or you'll never see a dime from that customer again.
Jon,Wrong focus..
Yes they will fork over more money.
Just because a product doesn't get results does not mean you did them wrong. All it means is that the product did not fit or reach the right demographics. If that is true then you have a chance to redo the product to reach those demographics that produce results.
This just happened to me on some flat signs. The guy stops me on the street from his car and asks for a quote on 4 x 4 foot Alupanel "for sale" signs. I take his card and email him a quote. He tells me my price is way too high. A couple of weeks later I see new signs up on his place..... 3 x 3 coroplast with red Ariel. Well sure..... I can do that for a lot less than a 4x4 Alupanel sign.You know what it probably was in the end. Someone describing to you what they were looking for as a "wrap" and really they don't truly understand what a wrap is. So you are quoting on full graphics covering the entire vehicle in full colour, and your competitor is doing potentially just vinyl graphics or a combination of print and digital.
I find a lot of times I am that off on an estimate is that we aren't comparing apples to apples and that is where the dramatic different is.
That's what I was thinking. You'll have to excuse me though as I don't even do wraps but it seemed to me I could purchase the wrap from a shop like Merritt and apply it with zero design talent. I think Techman gives some great advice. It's in the design part that I think is the only hope for a "real" wrap shop. People shop for price and most don't know quality from a hole in the ground. I guess you have to figure out how to attract the right customers.Even your quoted $3000 is less than we would do a LWB sprinter high-roof for. Wraps are readily available, so you know customers are shopping around. You are selling the design, anyone can print & (some can) install a decent looking wrap; a good wrap is a rolling billboard so to speak, and brings in business/revenue to the customer.
Jon,
Isn't it my job to sell the customer products that will perform by reaching the right demographic?
I'm pretty sure my customer would be pretty disappointed if the $3000 wrap I did for them didn't get results. I'm not sure it would be so easy to convince them that forking over more cash for a sign or window splash would make things all better.
3 x 3 coroplast with red Ariel. Well sure..... I can do that for a lot less than a 4x4 Alupanel sign.
Isn't it my job to sell the customer products that will perform by reaching the right demographic?
This just happened to me on some flat signs. The guy stops me on the street from his car and asks for a quote on 4 x 4 foot Alupanel "for sale" signs. I take his card and email him a quote. He tells me my price is way too high. A couple of weeks later I see new signs up on his place..... 3 x 3 coroplast with red Ariel. Well sure..... I can do that for a lot less than a 4x4 Alupanel sign.
This is the perfect example of why we must use the 4 P's. If this client had been properly profiled then this even would never have happened.
pivot profile praise prompt.
If the profile is correct then your chance of hitting his needs is better.
The worst possible conversation goes like this.
How much is a wrap?
It's only 1995 and I can do it tomorrow
Ok, but joe's wrapper can do it for 1700.
Ya, I know, but I use the best materials and I have the best installer.
Well joe's guy is pretty good too!.
etc.. ad nauseum.
This is the commodity debate. Get out of there. Get into the educated conversation and you will never have to play lets make a deal. You get to play who wants to be a millionaire.
If there is anyone that needs a marketing consultant is persons who posted on this thread.
The guy stops you and asks you for an Alupanel "for sale" sign. So that's what you quoted him on. You let him control your sales process - by not asking questions that would further qualify the opportunity:
Eg.
* "Why Alupanel?"
* "How long do you expect this for sale sign to be in service?"
* "What's your budget for the project?"
Had you further qualified the opportunity, I'm willing to bet you might have proposed a similar solution to the one he purchased from your competitor.
See....you were doing great until you added that last line. That condesending remark is just not required. You give some good advise on this forum but consitently blow it by adding snide little diggs like that. To start with, YOU posted on this thread as did Jon Aston....a consultant. Now YOU may need a marketing consultant, and I may need one too but I doubt Jon does.