Yaphank, NY (PRWEB) June 9, 2010
Results of an independent survey of 1,000 construction workers and building material suppliers reveal the pricing of construction material is heading in a positive direction.
The survey has revealed that the direction for pricing construction materials is now easier for the industry. The survey included direct questions about how contractors price their materials and how often. The study showed that three in ten contractors price their material list regularly. Eight in ten confessed that they do not have the time to make phone calls and get quotes; however they would do it if the process were streamlined. Overall, eight in ten contractors agreed that a service to help them get quotes would improve their bottom line.
BidForMaterials.com is a website that connects contractors and their materials lists to construction materials suppliers with real time quotes. This B-2-B network was launched in October of 2009. The overwhelming positive response to this site proves to the market that there is a need for a service that gives contractors the resource to acquire material pricing from a vast amount of suppliers nationwide. Every consumer wants what is perceived as the best price available for all products. This service provides a vast source of new suppliers for pricing their material needs. It also gives contractors the opportunity to establish new working relations guided by either price or relationship.
The construction industry’s foundation is based on personal relationships. Many of these relationships have grown into friendships, but competition has always been a factor in business and business relationships. When Frederick Cann, Founder of http://www.bidformaterials.com, was asked, “Is competition something suppliers should be concerned about when joining your network?” Cann replied, “No.” Cann revealed “there is no more competition then when a contractor calls up two suppliers and asks them both for a quote on the same material list. What we have done is streamlined the process. It doesn’t make sense why a supplier would not want to join a network where they can get unlimited free leads”.
One supplier explained that he was initially hesitant to join the network due to fear of losing his loyal contractor base. However, he soon realized that his sales people focus solely on his contractor base and have little time to generate new business. This new service gave him the edge to help his business grow without cost or time taken away from his core business, his loyal contractors. If he was able to give competitive pricing to his existing customers, why not give it to new customers? After joining he received 22 job leads for roofing, masonry and drywall supplies, secured 3 new jobs and now, one of the jobs is an ongoing relationship. At the end of the day, the three jobs generated approximately $4,300 in net profit. But what was more valuable was the relationship that developed with one contractor who was building a subdivision and agreed to let the supplier bid on all 27 homes, generating a healthy cushion for the upcoming season.
Looking at both sides of this pendulum it appears that this industry has a new valuable tool at their fingertips. The research attained from this survey, as well as from others, indicates that there is no other website currently on the market providing such a valuable tool without the hassle of a typical auction site.
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