3 Ways Flat Rate Pricing Increases Your Profitability
Switching to a flat rate model is one of the most impactful decisions a plumbing contractor can make to increase profits and improve customer satisfaction.
Protects Your Profitability With hourly billing, a difficult job with unforeseen problems can destroy your profit margin. With flat rate pricing, the price is the price. You get rewarded for your team’s efficiency and experience, and your profits are protected from unexpected delays.
Increases Customer Trust with Upfront Pricing Customers are often nervous about hourly rates, fearing a slow plumber will run up the bill. A flat rate price eliminates this anxiety. You provide a firm, upfront cost before any work begins, which builds immediate trust and makes it easier for the customer to approve the job.
Ensures Consistent and Fair Pricing A flat rate price book ensures that every plumber on your team is quoting the same price for the same job. This consistency is professional and fair to your customers, reinforcing your company’s reputation for honesty and reliability.
A spreadsheet is a powerful tool for calculating your prices, but it’s hard to manage and use effectively in the field. Housecall Pro’s software transforms your price list into a dynamic, interactive sales tool that helps you win bigger jobs.
Build a Visual Price Book Turn your price list into a professional, digital catalog. In Housecall Pro, you can add photos, videos, and detailed descriptions for every service and fixture. Technicians can use this on a tablet to show a homeowner the difference between a basic and a premium faucet, making it easier to sell higher-value options.
Create Tiered “Good-Better-Best” Estimates Don’t just offer one solution. Housecall Pro makes it easy to build tiered estimates that present customers with multiple options, such as a simple repair (good), a full replacement with a mid-grade fixture (better), and a premium fixture with an extended warranty (best). This simple technique is proven to increase average job value.