How to increase profits with your repair shop
We understand that for most repair shops, your margins are slim and you’re doing everything you can to keep the shop running. There’s a lot of competition in this industry, but there is also plenty of opportunities. In order to help increase profits with your repair shop we’ve compiled some tips below:
1. Offer a free estimate on all repairs.
2. Consider adding a financing option.
3. Include testimonials from past customers in your advertisements.
4. Make sure your website is mobile-friendly so that it will be easier for potential clients to find you online.
5. Keep up with the latest technology.
6. Leverage the right suppliers.
Offer a free estimate on all repairs
To avoid any confusion, don’t charge anything unless the job gets started. This will give peace of mind to the customer and it avoids issues at the time of payment after a repair is performed.
Consider adding a financing option to your repair shop
The repair shop industry can attract more customers by offering financing options. Customers like to feel that they are dealing with an honest business owner who is transparent, and financial assistance provides the trustworthiness necessary for them to make a purchase.
Include testimonials from past customers in your advertisements
People trust the reviews and opinions of others more than the salesperson, so encourage your customers to give you feedback. There is no better marketing strategy than word of mouth!
Make sure your website is mobile-friendly
Today, over 90% of all decisions are made online. Your business needs to have an engaging presence on the web that is also mobile-friendly for your customers who will likely be browsing while they’re in transit. If you don’t have a website, Google My Business is a free service that can help you be found online.
Keep up with the latest technology
Staying up to date with the latest technology is crucial in order for businesses to provide their customers with high-quality products and services. Technology constantly evolves, so make sure you are staying on top of it by following the industry on social media and online.
Find the right suppliers
This is the most important one! You’ll want to make sure you’re getting your parts from quality providers and suppliers. Look for companies that manufacture high-quality products (both OEM and Aftermarket) with fast delivery times. As a matter of fact, we have a blog that can help you find the right supplier. Click here to read it.
It’s not always easy to grow your repair shop. But, there are some simple steps you can take that will help increase profits and attract more customers. Make sure you follow our blogs for more helpful tips.