How to Price your Dumpster Rentals in 2023!
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- čas přidán 12. 07. 2024
- If you are struggling to find the best way to price your dumpster rentals in 2023 ....You're going to want to see this.
There is a lot of nonsense out there when it comes to advice on how to price your dumpsters. One response in particular really gets us heated!
Find out what it is in this video!
IG: / samedaydumpsters
Website: www.samedaydumpster.co/askjohn
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I operate a hooklift truck for my local municipality hauling dried sludge from our wastewater plant to the landfill for land-app use, and the past 2 years I’ve been wanting start my own business for extra income. In the past couple months, I acquired a used hooklift truck, 2-40 yard containers, 2-20 yard containers, and 2-10 yard containers. Just got my PUC and got my tipping account at my local landfill last week, and I’ve already got my 40 yard containers and a 20 yard container out on jobs. Videos like these is what pushed me to take the leap. Thanks for all the information you’ve provided for guys who are trying to start out.
Glad the hear our videos are helping you towards your independent journey. Thanks for the feedback and support Noah!
What kind of truck did you buy?
Your feedback on pricing and competition is a universal business strategy. I agree that you are your biggest competition. Brilliant stuff!
This might be a dumpster rental channel... but 99.9% of the ideas and business techniques I share and talk about can def be used in just about any business.
Thanks for supporting the channel my friend, very much appreciated.
Amen! Our services are more then most of our competitors, and we stay busy by doing the things our competition doesn’t which the #1 is offering customer service!!!
So much wisdom and truth to your approach. Customer Service always has been… And always will be 👑
Thanks I have to get one and I didn’t know to much about them. Thanks for the info. This will help me a lot with sizes and price. 😉
Thanks for watching and supporting the channel.
I like your videos, super informative and your honesty is what I like the most about you. Thank you
Thank You for watching and your comment. I appreciate the compliment my friend.
Thanks for posting. Very helpful to pick up some tips that turn into useful tools.
I appreciate you taking the time to watch the channel and leave a comment. Glad it's been helpful my friend.
Concrete dumpsters are a huge part of our business we run 5yd dumpsters for concrete, dirt, brick, sod, and other heavy materials. Like you said no one else offers smaller concrete dumpsters in my area . I did 312 concrete dumpsters last year.
The smartest and best run dumpster companies all run some style of concrete dumpsters. #facts
I liked the video. I thought it was informative and gave a different perspective on places to research for pricing. I would have liked to see more information on how you build out your prices for the 1,3,7 day dumpsters.
Thanks for watching and the suggestion. I’ll do a future episode with exactly that. How we build out pricing on all our rentals. Thanks for the comment.
Nice good info! I am still trying to find the niche market here in NJ.
Go to Google, read every dumpster companies reviews, but not the 5-Star reviews... read the 1-Star reviews. Find our what other companies won't do or can't do, or are unwilling to do .... that's where you'll find the niche in your market. Circle back with me and let me know how it works out for you. Best of luck.
I think I picked up like 10 things John! 🙌🏽 some of the stuff I remember from you telling me a couple of months ago. 👍🏽 9:54
This is exactly how we run our show. Glad its working out for you guys as well. Thanks for the support brother.
@@samedaydumpster yup your welcome man!
great video
Thanks for checking it out. Much appreciated
I'm a fan of your videos after just watching a hand full of them. Although I don't agree with everything you say-I learn something from every one of your opinion/fact filled presentations. Let me ask you a trick question: You say your one day rental ($250.00) is the most popular with your customers, but is the three day rental($375.00)a better profit opportunity for you? Careful how you answer; )
$250.00 for the 24 hour rental is the most profitable all the way around. The only exception to that is if someone rents for (3) days and request a pickup after 24 hours.
@@samedaydumpster Now I told you it was a trick question.....So you're getting $63/day rent on a $5000 asset that will last a couple of decades(if you keep it away from idiots on excavators). Your valued customers are literally buying you a new dumpster every two and a half months.
Now there are haulers in the "turn and burn" camp who say they can haul a container so many times on daily rentals that you don't want it to sit, but I'm saying that hauling that container doesn't provide the ROI that such an amazing daily rental ($63/day)provides.
Anyway that's why we communicate-To share ideas and possibly learn from one another. Keep the videos coming.
@@junkremovalquadcities2277 $63/ day…. No… I’m getting $250/ day. With 90% rental efficiency. To keep it simple…. That’s 6 days a week. Or $1500.00 / week or $6,000 / month per can. That means my ROI is 100% in less the 3.5 weeks. That means my friend I pay for that can in full in less than a month. Not sure where the trick question is…. No games… just profit.
@@samedaydumpster If i write a $5000 dumpster off over 10 years/120 months (which is actually too quickly), I get $42/month in depreciation, plus $3 for general liability (i pay $3000/year for 100 dumpsters), and maintenance of say $15/month(which is plenty generous given were writing it off over a quick 10 years so major repairs shouldn't be an issue) . So the rent at $63/day would be about $1900/month revenue, minus the $60 cost, is a profit of $1840/month.
Whats your profit on the $6000 revenue for hauling/disposing the box 24 times? We might both have valid points- I can't tell what your profit is without knowing your costs.
Hey could you tell me where you buy your hooklift truck an the company that make your dumpsters
Truck: Ruble Truck Sales, New Haven - Indiana
Dumpsters: Steel Products, Salt Lake City - Utah
Ok thank you very much
I see some big companies priced so low that after expenses, they make like $-100.
No idea, I'm not one of those "Big Companies"
Guys aren't running 15/20 yard cans there for concrete? Our market there's still tipping fees for clean fill and concrete, can be as much as 185 as certain places. The market can get overwhelmed with material, so they charge.
No sir…. Our concrete dumpsters are 10 cubic yards.
Please. How is the concrete lanfill fee for free? where is it taken? Does any company recycle or use it as a product?
It doesn’t go to the landfill. Our goes to either a concrete plant or asphalt plant. They crush it and reuse it back in as new concrete or new asphalt. They take the material for free - no charge.
@@samedaydumpster thank you very much
@@FabricioBatista000 Most welcome. Thank You for watching and the support.
How do you price your over weight cans . Most sites I see are say 125/per ton over. Yours seems like a flat rate of 0.09/lb ?
Overweight? I don't charge any overweight fee's. Everyone pays $0.09 / per pound for anything they place in the dumpster.
So you charge your flat rate . Plus 0.09 per pound? Most people’s sites say 20 yard dumpster with 1.5 ton included . Anything past that in whatever price/ per ton extra . But I like the way you do it better
Nice no frills approach. Skips the fluff.
You got that right!
In town they rent 50$ for a month no price off if early pick up so how is that making money 500$ month
I have no idea what you are trying to say. I suggest you ask someone in your town that is doing that for $500. I don't do that, so I have no idea if they make any money or not.
Do you do your own editing ?
No sir - I have someone on staff who handles all the digital content.
@@samedaydumpster they do an excellent job! I have been debating hiring a full time social media manager for this reason. Keep up the great work sir!
@@ethanboroski4902 I’m sure my guy will appreciate the compliment. He views these comments as well… but I’ll make it a point today to share this message with him. Thank You.