How Residential Construction Suppliers Can Expand their Business

by Redeeming Riches on December 19, 2012

People who sell in bulk to industry builders might consider ways to retail their raw materials to average consumers. As it turns out, many amateurs like to build their own sheds and even dog houses. Some people want to improve their lawn through their own ingenuity. Small structures do not require a license in many areas, and there are plenty of folk who enjoy doing it themselves.

Finding ways to reach new markets can be critical for supply businesses, because construction can be a boom and bust business. An area might get construction for a while and then companies move to a flurry of projects in another region. If you are faced with an off year, then likely your competitors will be getting the business just because they are closer to the action.

Small time consumers are potential business, and might help move inventory. They should not be overlooked simply because they do not normally purchase bulk quantities. The secret is finding an appropriate store front. Since most regular people are not likely to visit an industrial stock yard, it makes sense to have a smaller outlet for smaller buyers.

This might mean having a separate store front closer to town. The customers visiting these will order a limited quantity up front, usually just enough to fill their truck bed. Operating a separate store front incurs its own expenses, but it will need to be restocked infrequently and it can be overseen by just a handful of employees.

If there is demand for building supplies on the low end, then many small customers might add up to a handsome profit. It is also a great way to unload surplus at a discount rate when it becomes necessary to remainder unwanted stock. That construction builder might have canceled his project, but cottage landscapers might take it away if the price is right.

Rather than opening a store front, it might be possible to take advantage of a chain retailer. They are always looking for inexpensive material to sell, and a store might be willing to retail your extra stock. Selling in the store front of a large supply retailer can make it move fast if it is steeply discounted.

Anything that is not on discount might have trouble selling very quickly. A chain retailer might not be willing to allow your stock to take up much space if it does not sell quickly. Either sell in small quantities through them or else resign yourself to a discount. In spite of the money lost, using a retailer can be an alternative if a storefront is not already owned. It can also be a supplement to a storefront, if the building material is standard and widely consumed.  An example of a company expanding rather quickly are Cordell Residential Projects.

Google+ Comments

Related Posts