These days, consumers have endless construction corporations to choose from when embarking on builds or remodels. Data from 2016 shows that at the time, there were a total of 700,000 construction companies in the United States. With this enormous figure in mind, how can you make sure your business will stand out from the competition? You’ll have to strike a balance between staying consistent with your vision and keeping up with trends that have staying power.
To save time and money, attract customers, and gain a competitive advantage over other construction companies within your market, consider the following tips:
1. Show Environmental Care with Green Technology
Part of green technology involves the use of materials that generate electricity without the use of harmful gases or fossil fuels. There’s an abundance of energy forms that can be found throughout the world. Technologies range from solar panels to wind turbines, and they draw non-harmful power via solar power, wind, hydroelectric means, the ocean, and many other sustainable sources.
Caring for the environment is imperative to many. Hence, you’ll likely gain the public’s trust and goodwill by incorporating green technology into your projects. When you introduce green tech solutions to clients, they themselves will gain a positive image to their corresponding audiences. What’s more, buildings with green technologies will reap energy savings and tax deductions in the long run.
By committing to environmental projects, your construction company will also portray innovation. This translates to having the ability to implement your client’s design wishes while maintaining quality and commitment to worthwhile causes.
2. Use Cost Estimating Software
One of the toughest parts of gaining a client’s confidence is to provide accurate cost estimation. Every construction project is different, therefore budgets will vary significantly. To save time on estimations and ensure more precise results, you can use an online estimation tool.
Cost estimating software lets construction companies forecast the budget needed to build every square foot of a property. With this software, you’ll present proposals with more details which include costs in labor, equipment, material, and more. It will include a breakdown of expenditures while making sure the elements’ prices are updated.
This results-driven technology fosters transparency in your client dealings. They will know what to expect, and you’ll be on the same page throughout the stages of construction. By fully utilizing this solution, you’ll more likely be the go-to building company in your area. This enables you to stand out from the competition.
3. Invest in Robotics and Artificial Intelligence
Robotics and artificial intelligence (AI) are technologies that promise ease of operations in many companies, and this does not exclude the construction industry. A robot can function as a human worker, and with the use of AI, they can reason and process information to promote efficiency. Combining robotics and AI can save costs in labor and lessen accidents related to hazardous situations at work.
Depending on your projects’ requirements, you may consider an array of solutions in robotics and AI. Trying out a drone to survey the land you’ll build upon will minimize the manual efforts it will take to gauge the property. Many construction workers endanger themselves on the job, and this can be significantly minimized with the use of AI-driven robots. Robots can take the place of laying bricks, mixing cement, carrying heavy loads, and many other backbreaking tasks.
Investing in robotics and AI increases your productivity and lessens liabilities related to manual labor (i.e. expensive Workman’s Comp claims). These are significant competitive advantages you can seize.
4. Try Out Modular and Prefabricated Buildings
In the olden days, a major part of construction projects’ timeline depended on seasons, weather, additional environmental elements. Workers had to wait for the best time to combine panels, beams, and other materials to erect a building. Thankfully, manufacturing technologies came up with modular and prefabricated buildings. When combined, these solutions allow for a more predictable turnout of constructions.
Prefabricated buildings have elements made in factories and then brought to the site for assembling. These include beams, columns, panels, roofs, and many more. Modular buildings involve pre-assembled blocks that are almost fully fabricated. Modular buildings are like gargantuan boxes with all the elements built in. With the use of a specialized crane, they are lifted and placed in a target property.
Both modular and prefabricated buildings are assembled in a controlled environment. This results in efficiency in construction timelines. By providing this option to your clients, you’re showing reliability in your output. Consistency is one quality that not many competitors can deliver.
Stand Above the Rest!
Gain a significant competitive advantage by adopting any of the ideas mentioned above or a combination of these tactics. While these technologies and practices may cost a large sum upfront, the time and money they will save you and the new clients that they attract will no doubt pay off in the end if implemented strategically.
Published by Mohaned Gadnne