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Begginer help pricing frost / etch & colour vinyl window
Hi gang,
I have been reading up / comparing and calculating more and have been working on my pricing in excel etc and also just purchased the price it guide, as until now I have been a bit slack or relaxed with pricing and such.
I have been earning a living for the past 4 years doing what I am doing but want to step it up and start to thrive as opposed to survive, hence trying to be stricter, more focused and efficient.
Sorry, tend to rant a little.. maybe I need a diary. Hahaha :lol1:Back to the point, relating to this post topic63195.html I would like to see what you would be charging for graphic and instal similar to the example pic attached.(Dark grey is the window area)
Just to see if I am heading in the right direction the way I am calculating and marking up etc. I know what price the previous people charged, although they are based 15 miles away (I am 1mile away and it is just me, working from home) and are also a large company with larger outgoings etc.Looking forward to your inputs.
All the best,
Jon
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4 Replies
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Hi
even though you are working from home you should still be in the same ball park as the previous company, otherwise you will end up being busy earning nothing. Slight adjustments can be made for distance and that you are working on your own etc but why give your profit to your customer. He won’t lower is prices because a competitor 15 miles away is selling a same item £5 cheaper.Kev
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True, Kevin.
I guess my post came across differently than intended. Being a larger company I expected their prices to be a little higher, but the figure I cam up with was a good chunk lower and hence wanted to comparison against some other people.
Pricing is just one area I would like to improve on, business and marketing etc is one of many others…
So much to learn and do, only one mind to facilitate it all at present 😀 -
Being a bigger company, you would assume they have the work to justify and cover their overheads.
You having low overheads is your advantage, not the customers. If you want to expand and grow price accordingly. Customers won’t take kindly to surprise price increases down the line.
What I tend to find is that the material costs are usually minimal, It is the time on jobs that costs the money, and as the saying goes time is money!
Whilst your are weeding out job A, say worth £50, you can’t also be weeding Job B, worth £200.
Here’s what I would do if I knew what they had paid before…
Say they paid £200, you’ve worked out your price at £100, I would still go in at around £145… its £55 cheaper than they paid last time, and £45 more in your bank.
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Sensible response David, thank you.
I don’t calculate my prices with the aim of being the cheapest but do like to be competitive if possible. There’s always going to be someone cheaper but would rather pride my work on its quality and not price.
I thought I worked out a reasonable price but was still a good chunk cheaper than what the other company charged and so wanted to see what others would be charging. I would have to double check but I think I remember them saying it was about £220.
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