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Added: November 6, 2005
Article rating: 3.33 (of 5) - 73 votes

The Top 10 Unique Referral Tactics

[ by Charles Powell ]
To get more and better business leads network with those clients you already have a relationship with. (Note: some professions are prohibited from making gifts for referrals.)

1. Create a referral form.

 

A fill-in-the-blank referral form that is distributed quarterly to the names on your database is guarenteed to land leads. To help customers zero in on appropriate prospects, ask questions that relate to your nitch:"Whom do you know who's retiring in five years? Who just bought a new home? Who's launched a business?" Send a thank you note to everyone who sends you a referral. If you win a large account, send them a basket of flowers, bottle of wine or a magazine subscription.

 

2. Host a salon

 

A salon is a business mixer for the sole purpose of garnering new business. Invite your best clients and ask each of them to bring a friend along. Because it is not easy for customers to think up prospects names when they don't know your market, send a list of the type of client you are trying to target along with the invitation.

 

3. Ask during delivery

 

    No matter what you sell, your clients are most likely to be enthusiastic at the point of delivery.(Weylman) This is an excellent time to leverage yourself. In fact, ask for referrals at any point in the sale.

 

4. Offer incentives

 

    Rewards for referrals that turn into business can range from free estimates, samples, consultations, coaching sessions to a discount on future purchases, etc. Just be careful to not give more than the referral is worth.

 

5. Sponser a contest

 

    Enter everyone who sends a referral that coughs up a lead in a drawing. Make the prize substantial. "Make giving referrals fun," says Robert Middleton. Examples might range from a meal at an elegant inn to a mini-vacation or such.

 

6. Give leads in return

 

    This is one of the best ways to get referrals. But be absolutely sure that the referrals you give are competent and reliable. Remember your reputation is on the line. You don't want good ideas to jeapardize your relationship with your existing clients.

 

7. Pump prospects who've passed up your services

 

    Most potential client/customers feel bad when they have to turn your business down, so why not make them feel better by requestin leads. They do not see this as a burden. Just be sure to acknowledge them when the referrals come in and especially when they become a customer.

 

8. Swap leads with rivals

 

    If geography or time restricts your ability to service all your potential clients, simply pass along jobs you can't handle to other businesses and ask them to do the same. Giving these referrals scores you points with potential clients who may come back to you some day.

 

9. Cultivate reciprocal referrals from noncompetitors

 

    Find out who is compiling a database of related business and ask to be included. The opportunities occur in businesses which are somewhat collateral to your own.

 

10. Tap suppliers

 

    Constantly remind vendors of your need for referrals. Send out a letter or brochure which says, "When my business grows, your business grows." Likely, reason you don't get more referrals is because you don't ask. So, ASK!

 

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This piece was originally submitted by Charles Powell, B.S.Ed., Personal and Professional Coach, who can be reached at Charles@coach-charles.com, or visited on the web. Charles Powell wants you to know: I am a personal and professional coach working with individuals and businesses to enhance their lives and profitability. The original source is: Francy Blackwood is a business writer covering sales, marketing, and entrepreneurship for publication Home Office Computing, 9/97 p.116. She gets most of her business by referral.

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Current rating: 3.33 (of 5) - 73 votes
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