Recurring Revenue

Question

We are looking to implement more recurring revenue services into our electrical business. Our customers are mostly residential on-off work. We have serval recurring customers but needs some ideas to market to draw in more monthly or annual services.&nbsp;Has anyone had any luck in the residential side of recurring services? If so what are some that have best benefited you?&nbsp;&nbsp;

wiringbyron · Answer

We arereaching out to property management companies at the momentreaching out to strata's&nbsp;thought about realtors?&nbsp;what about businesses that would have maintenance?&nbsp;creating an "electrical club membership" for our clients&nbsp;emailing our current list of clients regularly with "monthly specials"&nbsp;messaging our upcoming visit clients with "top 5 electrical up sells"&nbsp;&nbsp;we follow up with clients that we've done a job for at 6 months and 1 yearI'm sure I have more things on my white board as well haha.&nbsp;

julie · Answer

Hey WiringByron, wondering if you could provide any insight for OP here!

tradebrain · Answer

Staying tuned here, would love to know any ideas that get sent!&nbsp;

procircuit · Answer

I would love to see what you come up with as well, the only recurring service we typically get is generator maintenance. Of course the repeat customers, but property management has been hit and miss.

dhs_heather · Answer

We have been wanting to implement a maintenance program for a while now so I would love to participate in a conversation about this.