How to Generate More Business Than
You Can Handle
With Referrals
You may have already discovered that you can draw
more business through referrals than through just about any other
type of advertising. Each of your customers probably knows over 200
other people, many of whom also own businesses. Referred prospects
are already mostly sold on your business before you even talk with
them, due to the existing referral relationship.
But how do you get those magic referrals?
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- Give Your Clients Value and Great Service.
Run an outfit where honesty and integrity are king.
Everyone in your company must exhibit competence in all of your interactions. Be the best, and
keep going that "extra mile."
- Be the Go-To Person. Develop a
reputation as an expert in your field, and share your expertise
with others. Offer
to write articles for the local newspaper and/or be a contact point
when reporters need someone to interview on a technology issue.
Find charities that can use the skills of you and your
staff. Encourage your employees to work for charitable
organizations by allowing them to spend half of their volunteer
time "on the clock." Word of your generosity
will get around. Without turning into a "know it
all," offer your technical knowledge to others around you -
relatives, fellow members of professional organizations,
friends. Become the "the computer guru" to
everyone you know.
- Write Yourself a Script. Know what
you will say ahead of time. Practice your script so that
you know it by heart and it sounds completely natural.
Example: "Referrals are extremely important to my
business. Do you know of any other business owners like
yourself who could use my services?"
- Ask Clients, Prospects and Colleagues for
Referrals. Get in the habit of asking for
referrals. Many business owners are hesitant to ask for
referrals for various reasons. Perhaps you feel like
you're bothering them or imposing on them. However, in
almost every case, people are happy to give referrals.
Remember, you aren't the only business owner to whom referrals
are important. All business owners understand and
appreciate their importance, and probably hope you'll return the
favor and send referrals their direction, too.
- Exchange Referrals With Complementary
Businesses. Develop relationships with businesses that
would have the same client base as you, and agree to share
referrals. For example, the firms that print and mail your
monthly newsletters, maintain your vending machines, service
your company vehicles, prepare your payroll and taxes and clean
your offices all have relationships with other businesses that
could be your new customers. Also, if your business
services computers and networks, but not printers, agree to
exchange referrals back and forth with a printer repair
technician. Because people tend to lump all technology
professionals together, they'll also ask their copier and fax
technicians about where to find a computer pro, so get to know
the office equipment suppliers and repair outfits, too.
- Prepare New Clients to Give You Referrals.
Say something like, "Referrals are very important to my
business. After my business provides great service to you, may I
ask you for referrals?" When they go from being new
customers to satisfied customers, you can then feel comfortable
in asking directly for those referrals.
- Build Relationships With People Who
Influence Your Prospective Customers. Get to know
business owners with the widest possible sphere of
influence. Join your local Chamber of Commerce and at
least one small business owners' alliance. Ask people, if
you need advice on where to find a product or service, whom do
you ask? Go up the ladder to that person and ask the same
question, and continue asking that question. You'll
eventually get to the person everyone asks - the go-to person
for advice on finding any kind of service provider. That's
one person you should know better.
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- Keep a Database of Prospects, Customers,
Clients and Referrals. You may be able to get buy with
a simple spreadsheet or database using MS Office or the free OpenOffice.org
software. More advanced, expensive options are out there
if you get to the point where you think you need something
better. Keep track of prospects you have already
contacted. Most probably said, "No, we don't need
anyone right now, but maybe later." Always ask if you
can follow up again in a few months, and see if they'll take
down your contact information. Keep following up until
they either tell you there's no need to do so anymore, or they
become your customers. And once they are your customers,
make sure you keep them on a mailing list of your monthly
newsletter, so that they stay customers. You want
to keep your company's name on their minds.
-
Offer a Bonus. If you're teaching
some sort of technology class, offer a gift to anyone who
provides you with three or more referrals to their business
associates who could use your services. Make it a nice
enough gift to make it worth their while. A free, prepaid TracFone
Cell Phone
makes a dynamite gift; even though most business people already
have traditional cell phones, folks love to give TracFone phones
as gifts to their young children, grandchildren, nieces and
nephews.
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- Send a Thank You Gift. Keep in
mind that every referral that turns into a new customer can
translate into thousands or even hundreds of thousands of dollars in revenue. You've
probably got that customer forever, unless their business goes
under, your business folds, or you screw up badly without
rectifying the situation.
Following are a few possible gift ideas, but by
all means, use your imagination. This is no time to be a
cheapskate. You want to make referring business to you a
worthwhile endeavor. A nice gift reinforces the idea that it's
a good idea to take the time to refer their business associates to
your service.
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