Overcoming Maintenance Pricing Fears
One common industry challenge is how maintenance agreements are priced. Many contractors don’t price maintenance to make a profit because they fear losing customers. Overcoming maintenance pricing fears is essential to the long-term success of your business.
In this episode of the Prime Resources Podcast, Jennifer Shooshanian, BDR’s senior service coach and trainer, tackles those fears head-on. Jennifer has experience working with dozens of HVAC contractors across the country on their maintenance pricing. Learn why increasing your maintenance price is essential and how to do it without the fear of losing customers.
Podcast: Play in new window | Download (Duration: 47:40 — 33.0MB)
Overcoming Maintenance Pricing Fears Time Stamps:
- (03:03) Typical fears relating to maintenance pricing
- (05:46) Percentage of contractors not properly pricing maintenance
- (07:23) The mental hurdle
- (11:00) The value in service maintenance
- (17:45) Other industries and maintenance
- (23:57) Contractors pricing structures
- (27:40) Tiered maintenance options
- (31:03) “Membership” vs “Agreement”
- (36:07) Customer vs. client relationships
- (41:31) Benefits of a successful maintenance program
About Jennifer Shooshanian
With over three decades in HVAC Service Operations Management, Jennifer Shooshanian is one of the most knowledgeable and accomplished service performance experts in America. Since joining BDR, she has been instrumental in the co-development of the Service Training and Coaching programs. Jennifer has a proven track record of helping contractors transform their service department into a highly-prized, cash-flow-rich, profit center.
About the Prime Resources Podcast
BDR’s Prime Resources Podcast is dedicated to providing you with the knowledge you need to help your business achieve Prime results – with Prime being the most flourishing stage or state.
Listen to more episodes of the Prime Resources Podcast HERE
You can also listen to all episodes of the Prime Resources Podcast on Spotify