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ESTIMATING VS. CLOSING

A professional estimator closes three times the amount of jobs with the same number of estimates!

How can you increase your profit without any more investment?

Number One Increase your closing ratios
Number Two Sell a value brand shingle

See how below!

Increasing profit by focusing on closing ratios will result in your biggest returns on estimating investment.

Increase your closing ratio on the quotes you're already doing and you won't spend more money by doing more quotes. A professional estimator closes three times the amount of jobs with the same number of estimates and cost as an average estimator.

Based on an Average Cost Per Estimate of $100 and an Average Profit Per Job of $1,000

"Professional" Pete

Closed

Lost

Estimating Cost

Wasted Cost

60%

40%

$10,000

$4,000

Pete's Profit*

$60,000

*Based on 100 estimates

"Great" Gary

Closed

Lost

Estimating Cost

Wasted Cost

40%

60%

$10,000

$6,000

Gary's Profit*

$40,000

*Based on 100 estimates

"Average" Andy

Closed

Lost

Estimating Cost

Wasted Cost

20%

80%

$10,000

$8,000

Andy's Profit*

$20,000

*Based on 100 estimates

Selling a value brand shingle instead of a price brand, and adding in a warranty allows you to offer more to your customer and charge more accordingly. They receive a better product and you earn higher profits!

Here is a breakdown showing how selling on value rather than price gets you a higher closing ratio and more profit!

 

Average Estimator + Price Brand

Professional Estimator + Value Brand

Number of Leads

100

100

Closing Ratio

20%

60%

 

 

 

Standard Industry Profit

+$1,000

+$1,000

Value Brand Surcharge

$0

+$1,500

Additional Material Costs

$0

-$300

Warranty Costs

$0

-$75

Estimated Profit Per Job

= $1,000

= $2,125

 

 

 

Estimated Profit Per Job

= $1,000

= $2,125

Closed Jobs

x 20

x 60

Profit on 100 Leads

= $20,000

= $127,500

Professional Estimator + Value Brand

637% IP

IP – Increase in Profit over Average Estimator + Price Brand

Contact Us Today!

 
 
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