The method of cold calling and manually chasing for leads is becoming obsolete and hire companies are starting to modernise their systems. In line with this modernisation, several third-party service providers have come into the market to help vendors win more work.
Let's take a look at the benefits of utilising a third-party provider (such as Felix Vendor Marketplace) to boost your leads and help secure more work for your business.
Exposure
Enlisting the help of a third-party provider will help expose your business to a broader market, with hundreds or even thousands of searchers using their platform to find equipment or subcontractors to hire each day.
Think of a search engine such as Google, third-party platforms work in the same way that when a searcher – may it be a DIY-er, contractor looking for a subby or a big construction company looking to hire equipment – clicks that search button, your business pops up on the top results and the searcher clicks on your profile.
Efficiency
Instead of doing all the work cold calling or manually searching for leads, third-party providers will do the hard job for you. The main goal of signing with a provider, after all, is to make searching and managing leads easier and more efficient.
Some platforms will allow you to fully customise your profile to improve your visibility and enable you to only receive leads that you can cater to. Customisation options will also help streamline the process of sorting through and providing a timely response to live projects that reach your inbox.
Opportunity to connect with key decision-makers
Key decision-makers such as contractors, project managers, engineers, site supervisors and the like have also realised the importance of utilising modern technology in effectively and efficiently searching for equipment and subcontractors to hire.
When you respond to a request for quotes through the third-party provider’s platform, there is a big chance that you are talking to a key decision-maker. And if you build a good business relationship with them, there is an opportunity to have them as a repeat customer and hire you again on future projects or even recommend your business to others.
Tips to find the best third-party provider for you
When deciding on which third-party provider to sign with, make sure that they meet all your business needs. Again, the main goal of signing with them is to make searching for leads easier and more efficient, not more time consuming.
Some things to look out for:
Reading reviews or testimonials from other users online (websites like Product Review or social media platforms are good places to start) could also be beneficial as it will help you gauge whether a particular third-party provider is a good fit for your business.
With several third-party providers currently out in the market, the key is to do your research and weigh out the pros and cons of each company before finally deciding to commit to one and start winning more work.
Don’t know where to start? Why not check out Felix Vendor Marketplace to see if it is a match for your business.
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If I followed you around work for a day, what would I observe? How much of your day are you able to spend on finding more customers, better contracts or moving towards achieving your business goals? To keep your employees busy, you need more than industry knowledge, but strong business development skills to get in front of prospective clients who remember your company when it’s time to request a bid for upcoming projects. For many hire and subcontractor companies, it's increasingly difficult to find the time and resources needed each week to work on effective business development.
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