Marketing When You Are Already Full

Marketing When You Are Already Full
Track 3: Get Found and Get LeadsLesson 31Time to do: 1–3 hoursCost: Free

There is a moment in many good businesses when the phone keeps ringing and nobody has the hours to answer it well. It feels like success, and in one sense it is. But we see owners keep pushing the marketing anyway because stopping feels like going backward, while the customers they already have wait longer and get less attention.

So here is a question worth asking: when you are full, what is the marketing for?

Know what full actually means

Being full means you cannot take on the next customer without hurting the ones you have, either by making them wait longer than they expected or by delivering worse work. That line is different in every business, and finding it is a capacity question. Capacity Planning: How Many Customers Can You Serve, later in Track 4, walks through how to work it out.

Once you know the line, you can see the difference between two situations that look identical from the outside. In one, you are full and delighted, and customers are happy to wait. In the other, you are full and slipping, and leads are going cold because nobody calls back. The first is a good problem. The second is marketing money being poured into a leaky bucket.

Four things to do instead of buying more leads

First, a waitlist. If your work is worth waiting for, say so plainly: here is the next opening, and here is how to hold a spot. A waitlist only works if you tell the truth about the date and then keep it. It also tells you something valuable, which is how much demand you are turning away.

Second, raise your prices. This is the one owners resist and the one that fits this situation best. Here is a labelled example. Say an electrician prices a job at $1,000 with $600 of direct cost, leaving $400. Raise it 10% to $1,100 and the same job leaves $500. Now suppose you lose some customers. If you do 8 of your old 10 jobs at $500 you earn $4,000, exactly what 10 jobs at $400 earned, and you did two fewer jobs to get it. The time those two jobs would have taken is yours again. Not every price rise works like this, so test it on new customers first, and keep existing quotes and contracts at the price you agreed. But when there are more people asking than you can serve, price is doing some of the rationing whether you like it or not. The lesson on pricing from the numbers backward shows how to set the number carefully.

Third, a referral program. Your best customers already know people like them. When you are full, asking for referrals is about the cheapest growth there is, because the people who arrive have been vouched for. Many owners never ask. A simple thank-you for a referral, given after the work is done, is plenty. Nothing fancy is needed.

Fourth, sell to the people you already have. If capacity is tight for new customers, look at what existing ones might buy next. I cover that later in Track 4, in Sell to the Same Customer Twice.

When to stop advertising

A word on being honest with the people who are waiting. Customers usually forgive a long wait more easily than a broken promise. If you can say “I can start in four weeks” and then start in four weeks, you keep the customer. If you say two and deliver in six, you lose them, and their friends hear about it.

Pause paid ads when the wait time is longer than a new customer would accept, when leads are going unanswered, or when quality is starting to slip. Do not pause everything. Keep the tracking running, keep your customer list warm, and keep the referral machine turning, because the day capacity opens up, you want a pipeline that starts in days, not months.

Turn ads back on before you need them, not after. Advertising has a delay, and the empty calendar is closer than it looks.

Your next step

Write down the number of customers you can take on in a month without any drop in quality. Compare it with the number you are currently taking on and the number of leads still arriving, then decide which of the four moves above you will use first.

Deciding takes an afternoon. A waitlist can be a spreadsheet and an email template. A price change is a conversation with yourself first and then a note to new customers. All free.

If you raised prices 10% next month, what are you really afraid would happen? And who would you lose if you kept adding work?