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Referral Marketing


Make Your Referrals Count

Author: Jay Conners

Just because we receive a referral, it doesn’t mean that the sale is ours and the deal is closed even before we make contact.

For all you know, the person being referred to you may have also been referred to someone else, so don’t take your referrals for granted.

Treat your referral as though it is someone that you have never heard of before, make believe you were cold calling and came across this name on your list, and when you called them, they showed interest in your product.

Now, you would never treat your very own hard earned customer with anything but the best customer service, would you?

Of course you wouldn’t, you found this customer on your own through hard work and you want to keep them.

Think of your referral in the same light.

Far to many times I have seen referrals that have been given to people that just let them sit around for days. The assumption is, I believe, that because this customer was referred to them, that it is a done deal and they can take their time with it. This is not the case.

The minute you get a referral, you should be calling that customer, the simple fact that you believe a referral to be a done deal, should be all the reason in the world to call them immediately.

The customers point of view . . .

If a customer is looking for a particular product or service, and they put the word out on the street, they will be expecting a phone call very soon.

Lets suppose you were looking to have your bathroom updated, and a friend of yours referred you to a guy who installs kitchens and bathrooms, and you never heard from the guy, and if you did it was many days after the guy received your referral. You probably wouldn’t be too thrilled about doing business with him now, would you? I doubt it.

So the next time you get a referral, make it count, call that customer immediately, they are sitting by the phone, waiting on your call.

When it comes to referrals, don’t hesitate for a second, because if you do, your referral could end up in the hands of your competition. Best of Luck

This article may be reproduced by anyone at any time, as long as the authors name and reference links are kept in tact and active.

About the author:

Jay Conners has more than fifteen years of experience in the banking and Mortgage Industry, He is the owner of http://www.jconners.com, a mortgage resource site, he is also the owner of http://www.callprospect.com, a mortgage lead company.

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Principles To Embrace


Define Your Referral Marketing Network (more)

At the heart of your referral marketing program is your network of contacts.  These are the people you have met over the years and formed relationships on many different levels. Your network is made up of family, friends, business associates, suppliers, members of your social groups, neighbors, and many others. (Continue here)

Determine Your Contact Sphere (more)

When building your referral marketing system, it is wise, as well as more profitable, to naturally follow the networks that are built into your business. Every industry has a unique culture that forms out of necessity and convenience. This is where the easy referral will be found – your Contact Sphere. (Continue here)

Establish a Contact System (more)

Now that you have defined your referral marketing network and have pinpointed your Contact Sphere, your next step is to establish a methodology to contact these people to create a reciprocal referral relationship with them. This requires you to take an active posture not a passive one. Most businesses wait for referrals to come to them without any effort. They believe that just because they satisfy a customer with their product or service that the customer will give them a referral.  (Click here to learn more)

Expand and Diversify Your Referral Network (more)

It’s common to have gaps in your referral network that need to be filled. Not even the best networks know someone to fill every need they might encounter. That’s why you must continuously look to expand and diversify your referral network. (Click here for more)

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Marketing Thought

"Building a successful word-of-mouth business requires a systematic way of generating referrals. It calls for commitment from you to devote a certain amount of time and effort to building relationships that will pay off in increased referrals."

Dr. Ivan Misner, Founder of BNI, Intl.

 

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