Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

Double Your Profit Day #28 Beat Big Competitors with SMART Marketing Strategies

Aug 28, 2025
Discover how strategic marketing investments can help businesses outshine competitors. Learn why staying bold in your marketing during tough times creates growth opportunities. The discussion highlights real-world examples showcasing how cutting competitors' marketing budgets can lead to market dominance. Plus, explore the idea that every dollar spent on marketing is vital for business expansion.
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ANECDOTE

PE Buyout Backfired Locally

  • In 2018 a PE firm bought the largest competitor and cut that company's marketing from 10% to 5% to optimize EBITDA.
  • John Wilson used that pullback as an opportunity to invest and capture market share.
ADVICE

Go On Offense With Marketing

  • Outspend competitors in sales and marketing, especially when they pull back, because marketing is an asset that fuels growth.
  • Track ROI ruthlessly across channels to ensure leads are cost-effective and high quality.
INSIGHT

Spending Is A Strategic Lever

  • Consistent over-investment in marketing compounds advantage and wins share when others retreat.
  • Use spending as a strategic lever but measure cost-per-lead and channel ROI to optimize returns.
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