Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.

If you’re working in a trade, the best way to improve your reputation, and thereby drive up your profitability, is to provide your customers with excellent value for money. When you do this, they’ll tell their friends and family, and your phone will continue to ring; when you fail to do this, you’ll get negative feedback on online forums, and your reputation will suffer.
Fortunately, you don’t need to drive up your costs in pursuit of value. Better choices when it comes to materials, sustainability, and design, can vastly improve the appeal of your business.
Let’s take a look at how you might improve your appeal to customers, while keeping your costs down, and your prices low.
When a structure is energy-efficient, it becomes cheaper to run and less likely to fall on the wrong side of future regulations. Improvements to insulation, and sealing gaps, can help even older buildings to perform better in this regard. When they do, their value to your customers might improve substantially.
Some materials are considerably more resilient and cost-effective than others. You might elect to pick out good-looking, white internal doors, so that you can provide them whenever a client makes a request.
Remember, as far as the customer is concerned, value isn’t just a measure of the inherent quality of the material or appliance; it also factors in things like convenience.
Using eco-friendly materials, like bamboo, will naturally make your business greener, and help to push you toward your goals when it comes to ESG and net zero targets. But again, it’s important to remember that your emissions are generated not just from the tools and materials you use, but from things like transportation and manufacturing. A second-hand tool that’s been well maintained and looked after will often be preferable, on the whole, to one that’s cutting-edge and extremely efficient.
Through good planning, and modular construction methods, we can drive down costs, and drive up quality. This is a principle that everyone involved in construction is familiar with. Outside of a few specialist niches, no one mills their own timber or fires their own clay bricks.
When you contemplate why this is, you might more readily grasp the appeal of modular construction more broadly. When you can put together certain parts of a building off-site, you can lower your costs, and vastly improve the quality of the service you provide.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.