@RyanHolmerr I think you deleted tweet, idk why but I wanted to expand on exclusivity contracts a bit because it’s a really good topic that no one brings up.
Depending on niche if it was location based business like RE, doctors/dentists, lawyers, accountants, etc.
You can also give them exclusivity by mile radius and charge a % surplus per mile.
% changes linearly to how saturated the business is & how much market share they have.
You can also give them exclusivity by mile radius and charge a % surplus per mile.
% changes linearly to how saturated the business is & how much market share they have.
Here’s an example.
Let’s say you are serving a dentist. They are one of 10 offices in a 10 mile radius.
That means they represent 10% of the market within that radius.
So you charge them 10% of your original quote per mile. 10 miles = 100% or double your price.
Let’s say you are serving a dentist. They are one of 10 offices in a 10 mile radius.
That means they represent 10% of the market within that radius.
So you charge them 10% of your original quote per mile. 10 miles = 100% or double your price.
You have to make them make-up for your loss in opportunity.
Some clients are slick and will add non-compete and conflict of interest clauses into contracts.
They have to know they are responsible to pay for that.
Some clients are slick and will add non-compete and conflict of interest clauses into contracts.
They have to know they are responsible to pay for that.