5 Pro Tips For Building A Successful Waste Management Business

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Waste management businesses exist within a competitive niche. If anything, owning a business in this industry means you’re up against more competition than most. As well as competing with other private businesses, you’ve got the government and council-led waste management companies to deal with. They can handle a large chunk of your target market, leaving you scratching your head for ways to continue making money. 

It’s never going to be easy - building a business never is - though this post will go over some pro tips for building a more successful waste management business. 

#1 Zero in on a niche

Don’t try to set up a waste management business that does everything. You’re never going to succeed if you try to collect residential waste every week. Most people handle that for free from the local government, so you have to try a different tactic. Find a specific waste management niche that can become your forte. Options include: 

• E-waste
• Large household waste (furniture, etc.)
• Construction site waste
• Commercial waste
• Warehouse waste
• Garden & organic waste

You can keep listing ideas for as long as it takes, but choose one of them and make it your focus. This means you can put all of your effort into creating the best service for that specific part of waste management. It’ll reduce your overheads to make cash flow management easier, and you can target waste collection services that are usually private. This means there’s less competition from council collections. 

#2 Talk up recycling

Most people think of waste management as the collection and disposal of general waste. However, it’s more of a generalized term for various things, and that includes recycling waste. After all, taking waste and recycling it is a form of managing waste! You should try to make recycling a big part of your business, as this comes across as a USP - a unique selling point. 

Customers are increasingly more likely to choose a waste management business that recycles over one that doesn’t. Why? Because it helps them sleep at night knowing that their waste won’t be dumped in a landfill and contribute to global warming. The more you can recycle, the greater your USP will shine. 

#3 Utilize waste management software

You might not think about it, but software is the key to running a good waste management business. The right piece of software can help you streamline your processes and do a lot more than you expected. CurbWaste waste management software gives your drivers an app so they can see new orders pop up on a map. It also provides live ETA GPS tracking to help you follow the most optimal delivery routes. Both features let you get the job done a lot faster than if you didn’t have any software, with most companies saving an average of 5 hours per week. Imagine how many more customers you can fit into those five hours, which means more money for your waste management business. 

Depending on what software you choose, you’ll also gain the ability to: 

• Manage every order
• Automatically send invoices to customers
• Provide an online ordering service

That final point shouldn’t be underestimated because it gives your waste management company another key selling point. Online ordering is way more convenient for customers, so they’ll happily order your service instead of needing to call up a rival company. 

#4 Add legitimacy through Google Business

Every waste management company should have a Google Business Profile. It’s free to set up and lists your company on Google when people carry out local searches. This is crucial for a business like yours because all of your clients will be local. When someone’s searching for a waste management business, they will type things like “rubbish collection near me” into Google, and a Business Profile ensures you’re visible in the right geographical areas. 

In addition to this, a Google Business Profile lets you add more legitimacy to your brand. The mere presence of a Profile contributes to that, though it also lets you collect customer reviews. Start building a strong library of reviews to showcase how trustworthy and legitimate your business is. Trust is everything - and all of your customers will check your reviews before they order. If you don’t have a Business Profile or any positive reviews, you won’t gain any business. 

#5 Provide discounts to all customers

Establish a pricing strategy based on how much waste you have to collect. When a customer orders, they’ll get a price that equates to the flat rate per load. It’s a standard procedure in the waste management world, but you can stand out from the crowd with some good discounts. 

• Subscription Discounts: Offer a reduced rate for customers who sign up for a subscription service. They pay a monthly or annual fee for your collection services, which works out as cheaper than the flat rate per load. You still make more money because you’re tying them into a subscription, which means repeat purchases are always happening. Subscriptions also make it easier to manage your cash flow because you have a steady stream of reliable income. 

• Other Discounts: Furthermore, you could offer other discounts to customers who don’t want a subscription. For example, the rate they pay goes down when they order more things for collection. It ends up being cheaper for them per load when they have more stuff for you to take away, even though they’re actually paying more overall. Let’s say it’s $50 for a truckload of waste, but $75 for two truckloads. Customers are more inclined to go for the $75 option because they’re technically “saving” money compared to buying two separate truckloads. However, you’ve ended up getting them to spend $25 more than they initially expected. 

You’re able to implement dozens of fantastic pro tips to elevate your waste management business above the rest. The five tips in this post are the ideal place to start from. They will help you set up a waste management company that’s already destined for success. Find your niche, develop different USPs, get some good discounts in place, and build your brand legitimacy. 

Cover Photo by Kampus Production