Do you want to know how much money window installers make yearly? If YES, here are 7 factors that determine the income & profit margin for window installation businesses. In order to have an idea of the amount a window installer is expected to make daily, weekly, monthly or yearly, you should clearly define the service offerings of a window installer.
A window installer is expected to install or replace windows in residential and commercial buildings, take measurements and assist with painting and other remodeling duties as necessary. So, with that in mind, we can estimate what a window installer that offers the services listed above is expected to make but statistics available shows that the average Window Installer hourly pay ranges from approximately $10.00 per hour for Canvasser to $29.93 per hour for Lead Installer.
The average Window Installer salary ranges from approximately $23,920 per year for Scheduler to $105,411 per year for Outside Sales Representative. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
It is important to point that there is no one mold-fits-all when it comes to how much a window installer is expected to make. There are some factors that we are going to look into before giving an estimate of how much an average window installer makes yearly.
7 Factors That Determine How Much Money Window Installers Make Yearly
Table of Content
- 1. The Capacity of the Window Installer
- 3. The Management Style of the Window Installer
- 4. The Types Additional Services Offered By The Window Installer
- 5. The Business Approach of the Window Installer Business
- 6. The Advertising and Marketing Strategies Adopted by the Business
- 7. The Number of Years the Window Installer is in Business
1. The Capacity of the Window Installer
One cannot conveniently state the amount a window installer is expected to make yearly if you do not know the capacity of the business. As a matter of fact, you can not equate a window installer that is just starting out in business with a well – established window installer that offers robust services.
We must not rule out the fact that the location the window installer is covering is a major factor that will determine the amount he or she is expected to earn monthly. The truth is that; you will struggle to make good money as a window installer if you locate the business in an area filled with low income earners or in a ghetto.
If you locate your window installer business close to a highbrow area or an area with loads of ongoing constructions works, you are likely going to make good returns from the business.
3. The Management Style of the Window Installer
Another key factor that will determine the amount a window installer is expected to make yearly is the management style of the business. Trust me, the results you will get when you are good manager with eyes for top – notch customer services will definitely be far different from a window installer with poor management skills.
The idea is that a good window installer business will not just retain their old customers, they will also keep getting new customers especially through recommendations and that no doubt will greatly influence the amount they will make annually.
4. The Types Additional Services Offered By The Window Installer
Interestingly, another factor that can influence the amount a window installer is supposed to make is the type of additional services they are specialized in. For example, it is normal for window installers to also be engaged in the installation of doors and also servicing faulty doors and windows. Any window installer that offers these additional services will no doubt earn more than a window installer that is known to only offer basic services.
5. The Business Approach of the Window Installer Business
There are different business approaches that a window installer can choose from and no doubt it will greatly influence the amount they are expected to make monthly and yearly. Of course, we know that window installer – business may decide that they want to work alone and do their marketing alone , and they can also decide to partner with other businesses that will recommend clients to them.
It is easier to find window installers that offers robust services partnering with construction companies, property management and development companies, home staging companies and key players in the real estate industry.
Another key factor that will determine the amount a window installer can make yearly is the advertising and marketing strategies adopted by the management of the business. Trust me, there are several advertising and marketing strategies that can help a business increase their earnings, but you may be expected to spend more.
But the results you will make will far outweigh the amount you spent on advertising and marketing. Of course, you don’t expect a window installer – business that is engaging in aggressive advertising and marketing to make same amount yearly with a window installer – business that is passive with its advertising and marketing.
7. The Number of Years the Window Installer is in Business
Lastly, another key factor that will determine the amount a window installer is expected to make on a yearly basis is the number of years the window installer is in the industry. In business, the number of years you are in existence will go a long way to determine the amount you will make especially if the business is well – managed and creativity always come to bear.
This is so because over the years, you would have been able to gain the trust of your customers and it will be easier for you to always have them coming back and also recommending clients to you.
For example, in your first fiscal year (FY1) you might make two hundred and twenty thousand dollars ($220,000), in your second fiscal year (FY2) you might make two hundred and fifty thousand dollars ($250,000) and in your third fiscal year (FY3) you might make three hundred and fifty thousand dollars ($350,000).
The amount a window installer will make yearly is strictly dependent on all of the factors listed above and also a window installer that wants to earn national average must have a secondary school certificate or certificate of equivalence, and must also earn an apprenticeship with two to five years of understanding particular apparatuses, hardware and customer service, as well as interpersonal skills and critical thinking.