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PSI June2017

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Increasing the focus<br />

on growing the<br />

service contract base<br />

is key to increasing<br />

the value of a security<br />

installer, both<br />

customer and<br />

company value<br />

(continued from previous page)<br />

5. Sell more contracts post warranty using the<br />

help desk<br />

If the customer has not taken out a service<br />

contract by the time the warranty has expired,<br />

there is a further opportunity. When the<br />

customer rings the helpdesk for a reactive call<br />

on their system, he will be faced with an invoice.<br />

Use this as opportunity to sell a contract.<br />

There are lots of opportunities to grow<br />

service contract sales.<br />

• Carry out a test telesales campaign to<br />

existing customers who do not have a service<br />

contract in place and convert them.<br />

• Cross-sell contracts on other product<br />

disciplines that may have been provided by<br />

competitors.<br />

• Consider investing in an indoor salesperson<br />

to increase the focus on contract sales.<br />

• Identify the key accounts that have the<br />

highest potential for service and contact<br />

them.<br />

• Sell contracts to lost quoted installations.<br />

• Test and measure different lead generation<br />

methods e.g. telesales, Google AdWords,<br />

email marketing, direct mail and of course<br />

your engineers.<br />

In summary increasing the focus on growing<br />

the service contract base is key to increasing the<br />

value of a security installer, both customer and<br />

company value. Having the right mindset is<br />

essential otherwise all your energy will be<br />

consumed by the business of installing. Develop<br />

a plan for growing your service business, check<br />

you are using the 5 steps above for selling more<br />

service contracts linked to your installations.<br />

Test some new lead generation methods to sell<br />

more contracts.<br />

THE POWER TO PUT YOU IN THE<br />

FIRE PROTECTION BUSINESS<br />

BAFE accreditation opens up new business opportunities in the<br />

Fire Protection industry and can generate more work.<br />

We offer scheme certification for the following modules dependent<br />

on the type of work you undertake:<br />

Design<br />

Installation<br />

Commissioning<br />

Maintenance<br />

We support contractors through the BAFE accreditation journey with:<br />

A RANGE OF<br />

FIRE ALARM<br />

TRAINING<br />

MODULES<br />

ESSENTIAL<br />

FIRE ALARM<br />

BSI GUIDANCE<br />

MATERIALS<br />

the power behind your business<br />

To find out more about how BAFE accreditation can grow<br />

your business visit niceic.com/bafe or call 0333 015 6626

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