Blog for Building Materials Companies

Powerful Building Materials Market Research Tool

  |  Posted in Marketing

Powerful Building Materials Market Research Tool

Typical building material market research usually gives you back very expected results.

The results are limited to what customers view as possible.  If you ask a contractor what a manufacturer could do better, you will get answers like lowering the price or shipping faster.

As part of my process of diagnosing a problem for my building material clients I frequently interview contractors, builders, architects, dealers and distributors. I will ask them their opinions about the product category in general.  I will then ask them about what brand they buy and why.

I then ask them, “Is their anything you wish your supplier could do better or differently?”  This is when they will tell me what they believe is possible.  These wishes are usually based on a past experience or something they have seen someone else offer.

Even though I will tell them that it could be anything, anything at all, their wishes are usually nothing unique.

The Power of the Magic Wand

This is when I have a little fun.  I hand them a pen and tell them that it is a magic wand.  I tell them that with the magic wand, anything is possible.  I then ask them again, if you could change anything, anything at all what would it be.

You can see their body language change as they think about my question with a new sense of power and child like wonder. Then the ideas start to flow. Ideas that are truly original.  Most of the ideas are impractical but there are usually a few big Aha’s that are doable.

The ideas that come from a customer empowered by a magic wand are the ones that one company can use to leap ahead of others.

Next time you’re interviewing a customer and want to hear something new or different, hand them a magic wand. Its one of the most powerful building material market research tools I use.

Subscribe To My Newsletter

If you like what I say, sign up for my newsletter here and get my weekly newsletter every Sunday night.

What is the biggest challenge to your sales growth?

Contact me to discuss how I can help you grow your sales.

About The Author

I am the leading sales growth consultant in the building materials industry, I identify the blind spots that enable building materials companies to grow their sales and retain more customers.  As I am not an ad agency, my recommendations are focused on your sales growth and not my future income.

My mission is to help building materials companies be the preferred supplier of their customers and to turn those customers into their best salespeople. Contact me to discuss your situation.