In this article, we will describe what should be included in each component of your marketing plan and provide some construction marketing strategies that can help you reach your target audience.
Download our Ultimate Marketing Plan Template here
A construction company marketing plan is a written document that outlines the specific actions you’ll take to achieve your marketing goals. This marketing plan should be a part of a larger construction business plan template, which provides a comprehensive framework for all aspects of your business. It contains information about your target audience, positioning, and marketing messages, as well as your overall communications strategy.
A thoughtful marketing plan should be designed to support your overall business strategy and initial marketing objective. It should be updated regularly as your business changes and grows.
Your construction marketing plan should be built around your unique selling proposition (USP), which is the one thing that sets you apart from other constructions in your market. From there, you’ll need to develop targeted campaigns, create compelling offers, and craft a promotions strategy that will reach your ideal customers.
Once you have all of the pieces in place, you’ll need to track your progress and adjust your plan accordingly. The best way to do this is to set measurable goals, establish key performance indicators, and determine how you will track your marketing efforts. You will also need to be sure to include your initial marketing expenses in your construction startup costs of your business plan.
There are many reasons why you need a marketing plan when starting your construction business, or growing your existing construction company. First and foremost, a well-crafted marketing plan will help you focus your limited resources on the most effective marketing activities. Without a plan, you’ll likely end up wasting time and money on ineffective marketing tactics.
Second, a construction marketing plan can help you track your progress and see whether or not you’re on track to achieve your goals. This is important because it allows you to make changes to your plan as needed.
Finally, a robust marketing plan can be a valuable tool for communicating your construction’s marketing strategy to your team. By having a written plan, you can ensure that everyone on your team is on the same page and working toward the same objectives.
A typical marketing plan includes the following components:
Use the following construction marketing plan template, guide, and examples to write your own marketing plan.
Although the first section of your construction marketing plan, it should be the final section of your marketing plan that is written.
In two or three pages, summarize all of the information you have presented in the other sections and include a summary version of any graphs or charts you have included.
You should also include your marketing goals, objectives, and success metrics for the first year of operations.
Begin by dividing your potential customers into segments based on their demographics, geography, lifestyle, behavior, or any other factors that are relevant to your construction. Be sure to explain how you determined these target market segments.
For example, you might segment your customers by:
Once you have identified your market segments, you’ll need to create profiles for each one. These profiles should include information about their needs, wants, and values. They should also include information about their buying habits and preferences.
You can use this information to develop targeted campaigns that will appeal to each segment.
Your USP is the one thing that sets you apart from other construction companies in your market. It’s what makes you unique and it’s what will make customers want to visit your construction over others.
Be sure to clearly define your USP and include it in your plan. You’ll need to use it as a guiding force when developing your marketing strategy and campaigns.
To develop your USP, start by identifying your unique strengths. What makes you different from other construction companies? What do you do better than anyone else? What can you offer that nobody else can?
Once you’ve identified your strengths, focus on translating your competitive advantage into benefits that will appeal to your target audience. How will your competitive advantage make your customers’ lives better? How will they make their jobs easier?
Once you’ve identified your strengths, use them to develop a USP that is clear, concise, compelling, and communicated through your website, marketing materials, and offers.
For example, “The construction company with the fastest completion times in the market.”
Your pricing and positioning strategy will be determined by many factors, including your target market, USP, and the overall goals of your marketing plan.
When setting your prices, be sure to consider your target market’s ability to pay. You want to position yourself in a way that allows you to compete against other nearby construction companies in your market. You want a pricing strategy that will be profitable for your construction and competitive in your market.
Your positioning strategy will determine how you communicate your USP to your target audience. It will also determine the overall tone and approach of your marketing campaigns.
Be sure to clearly define your pricing and positioning strategy in your plan. Include information on how you determined your prices and how you will position yourself in the market.
For example, will you be the low-cost leader or the premium construction business?
Your offers are the incentives that you’ll use to get potential customers to take action. They can be in the form of coupons, discounts, freebies, or anything else that will motivate your target market to visit your construction.
When developing your offers, be sure to keep your target market and USP in mind. Your offers should be relevant to your target market and they should tie into your USP. They should also be appealing enough to get potential customers to take action.
Your offers should be aligned with your overall strategy. They should be developed to appeal to your target market and support your USP.
Be sure to include information on your offers in your plan. Explain how they support your marketing strategy and what you expect them to achieve.
For example, “10% off your first project of $500 or more.”
Your marketing materials are the tools that you’ll use to reach your target market and deliver your message. They can include your website, brochures, flyers, business cards, and anything else that you use to communicate with potential customers.
When developing your marketing materials, be sure to keep your target market and USP in mind. Your materials should be relevant to your target market and they should tie into your USP. They should also be appealing enough to get potential customers to take notice.
Your marketing materials should be aligned with your overall strategy. They should be developed to appeal to your target market and support your USP.
Be sure to include information on your marketing materials in your plan. Explain how they support your marketing strategy and what you expect them to achieve.
You should also include samples of your marketing materials. This will give readers a clear idea of what your materials look like and how they support your overall construction marketing strategy.
Your promotional strategies are how you will promote your products and services to your target market. It should include information about the types of promotions you’ll use, the marketing channels you’ll use to reach your target market, and the timing of your promotions.
As a construction business, you’ll likely use a marketing mix of channels to promote your products and services. You’ll also want to consider the timing of your promotions. For example, you may want to offer discounts during the slow season or run a grand opening promotion when you first open your business.
Your promotional strategy should be aligned with your overall marketing strategy. It should support your USP and be designed to reach your target market.
Be sure to include information on your promotional strategy in your plan. Explain how it supports your overall marketing strategy and what you expect it to achieve.
For example, “We will promote our new construction business with a grand opening celebration. This event will include a ribbon-cutting ceremony, tours of our facility, and refreshments. We will invite the media and local dignitaries to attend.”
Your digital marketing plan outlines how you will use digital channels to reach your target market. It should include information about your website, social media, email marketing, and any other online marketing tactics you’ll use.
Your digital plan should be designed to support your overall marketing strategy. It should be tailored to reach your target market where they are spending their time online.
For example, if you’re targeting homeowners, you’ll want to focus on channels like Facebook, Instagram, and Pinterest. If you’re targeting businesses, you’ll want to focus on channels like LinkedIn and Twitter.
Be sure to include information on your digital marketing and social media strategy in your plan. Explain how it supports your overall marketing strategy and what you expect it to achieve.
For example, “Our plan is designed to reach homeowners who are researching their options for remodeling their homes. We will use a mix of paid and organic tactics to reach our target market. Our goal is to generate leads from our website and social media channels.”
If social media is a large part of your digital marketing strategy, be sure to include detailed information on your social media marketing strategy for each platform you plan to use. Explain how you will use each platform to reach your target market and what you hope to achieve.
Your conversion, referral, and retention strategy outlines how you will turn prospects into customers and keep them coming back for more. It should include information about your sales process, referral program, and customer retention strategy.
As a construction business, you’ll likely use a mix of online and offline channels to generate leads and close sales. You’ll also want to have a solid referral program in place to encourage customers to refer you to their friends and family. Finally, you’ll want to focus on retaining your customers by providing excellent customer service.
Be sure to include information on your conversion, referral, and retention strategy in your construction company’s marketing plan. Explain how it supports your overall strategy and what you expect it to achieve.
For example, “We will generate leads through our website and social media channels. We will follow up with leads via email and phone. Once a lead is qualified, we will set up an appointment for a sales consultation. We expect to close 10% of sales consultations.”
Include information on your customer referral program. Explain how it works and what you hope to achieve.
Your financial projections outline the expected revenue and expenses for your construction business. They should be based on your marketing strategy, target market, and other factors.
Be sure to include financial projections in your marketing plan. Explain how they were developed and what you expect them to achieve.
For example, “We expect to generate $200,000 in revenue in our first year. Our expenses will total $150,000, resulting in a profit of $50,000.”
For most construction companies, a mix of marketing tactics will be the most effective way to reach their target market. The following are some common construction marketing initiatives:
These are just a few examples of construction marketing strategies. A great construction marketing strategy will be one that is tailored to your specific business and target market.
Blueprint Construction is a full-service construction company that specializes in residential and commercial projects. We have been in business for 10 years and have a team of experienced professionals.
We are looking to grow our business by expanding our marketing efforts. Our goal is to increase our customer base and generate more leads through our website and social media channels.
To achieve our goals, we will use a mix of marketing tactics, including paid advertising, content marketing, and email marketing. We will also participate in local events and sponsor community initiatives.
Our target market is homeowners and businesses in the Greater Chicago area. We will focus our marketing efforts on this region.
We expect to generate $200,000 in revenue in our first year. Our expenses will total $150,000, resulting in a profit of $50,000.
The target market segments for Blueprint Construction are as follows:
Homeowners: Homeowners make up the majority of our customer base. We target homeowners who are interested in new construction, remodeling, or additions.
Homebuilders: We also work with homebuilders who need a reliable construction partner. We have experience working on both small and large-scale projects.
Commercial developers: We have experience working on small commercial projects. We are a reliable partner for developers who need construction services.
Commercial Property Owners: We have experience working on commercial projects, such as office buildings and retail stores.
Real Estate Developers: Real estate developers are another important target market for Blueprint Construction. We have experience working on both residential and commercial development projects.
Blueprint Construction is a reliable and trustworthy construction partner for homeowners, homebuilders, commercial developers, and real estate developers in the Chicago area.
The competitors in our market are mostly small, family-owned businesses. We are one of the few companies that offer a full range of construction services, from design to completion.
We have a team of experienced professionals who are dedicated to providing the best possible service to our clients. We employ modern construction technology, and we take pride in our work and stand behind our projects.
We have a proven track record of successfully completing projects on time and on budget. Our team of experienced professionals is dedicated to providing the highest quality workmanship and customer service.
“Trusted construction partner for homeowners, homebuilders, commercial developers, and real estate developers in the Chicago area.”
Blueprint Construction is a mid-priced construction company. We offer competitive pricing without compromising on quality or service. Our goal is to be the premier choice for construction services in the Chicago area.
Blueprint Construction is headquartered in Chicago, Illinois. We serve customers in the Chicago metropolitan area.
Blueprint Construction offers a free consultation to all potential customers. We also offer a 10% discount on all projects over $100,000.
The marketing materials for Blueprint Construction include the following:
Blueprint Construction will use a combination of online and offline marketing tactics to promote our company and our services.
Online marketing tactics:
Offline marketing tactics:
The digital marketing plan for Blueprint Construction includes the following tactics:
The Blueprint Construction Company will focus on conversion, referral, and retention strategy to increase sales.
The Blueprint Construction Company projects that we will generate $2 million in sales in our first year of business. Our gross margin is projected to be 30%, and our marketing budget is $10,000 per month.
Download our construction business plan pdf here. This is a free construction business plan example to help you get started on your own construction plan.
Don’t you wish there was a faster, easier way to finish your marketing plan?
With Growthink’s Ultimate Marketing Plan Template you can finish your plan in just 8 hours or less!