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Traditionally, companies in the construction industry have had sales and/or marketing departments that focused on bringing new work in the door. The current trend in the industry is to organize these functions under business development. Business development takes a broader point of view to develop more-profitable customer relationships and markets that will help achieve your business strategy. FMI's Backlog Builder® process is comprised of six key elements that address the "get-work" needs of your company to build an effective business-development strategy.
Business-Development AssessmentThe FMI Backlog Builder® process starts with a business-development assessment. It's an internal view of business development that encompasses feedback from:
The intent is to define current successes that need to be leveraged into the future and to discover any "red flags" that need short-term attention. Market Research and AnalysisFMI's Research Group provides a full array of market-research capabilities that will be invaluable for determining your strategic approach to the market including:
Target MarketingDon't wait around for customers to come to you.
Differentiation Strategies
Competitive PositioningNo contractor operates independently in the market — from a customer's perspective. FMI's Research Group provides resources that let you:
Marketing CommunicationsThe real muscle in the FMI Backlog Builder® process is the implementation of a market-driven plan. Implementation requires both internal and external communications to:
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