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Archive for the ‘Referral Marketing’

10 Most Important Dos and Don’ts to consider while using referral marketing

February 02, 2008 By: Newbornbusiness Category: Referral Marketing No Comments →

Referral marketing is very simple and is considered the most profitable way to grow your client base, but it’s easy to do it the wrong way as well.

Referrals can connect you with more qualified clients, generate more callbacks. There are some common dos and don’ts you should always bear in mind while using this amazing technique for your business:

1- It’s really so simple. To get referrals – give referrals. Be mindful of those in your circle whom you can refer to. What goes around comes around!

2- Try to be special, declare this specialty and become known for it.

3- Another time proven way to quickly spread the message of your referral program is to Verbally Tell your family, friends and colleagues about it.

4- Always consider saying “thanks” to the person who made the connection.

5- Always remind your customers that you are still around; use the latest techniques, send emails, newsletters, cards, etc…

6- The persons who make the referring always expect you to make them look good; you should exceed their expectations, if you want to keep the referral business pouring in.

7- Follow up your customers, following up gives you the chance to make sure that you aren’t loosing an effective customer can help you a lot spreading the words about your business. You can simply develop a follow up strategy to use consistently.

8- Never be satisfied with the referrals you earn, you should always ask for them. Don’t expect referrals to materialize all on their own, and remember that the best time to ask for a referral is while the project is still active.

9- Never be afraid of asking your customers for referrals, always think about the matter this way: There is a person, who wants something, and there is a person who has something to give, and there is a person who connects the two.

10- Never be vague in asking your customer for someone interested in your product or service. The most successful referral requests are the targeted and specific ones.

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tags: marketing techniques   referral marketing  

Referral Marketing and its importance for your business

January 29, 2008 By: Newbornbusiness Category: Referral Marketing No Comments →

When a close friend tells you about a certain business, your trust is immediately transferred to this company whether you have heard of them or not. This is what referral marketing is all about.

It doesn’t matter what is your profession, or what is the kind of business you have.

It is not you who sell your business; it is a satisfied customer who sells your business for you. Your products or services will be chosen instead of the competition, merely because a friend recommended them. The most loyal customers you will ever receive will be the ones that were referred to you by another satisfied customer.

It is known that the fortune is in the follow up. So many professionals fail to achieve a great referral business because they fail to follow up with their past clients.

Referral Marketing System can be defined as a repeatable procedure that you put into place and build on year after year. It’s a process you form with people and businesses that will have a positive influence on your own business and it will bring you profit and growth opportunities.

Just imagine when your satisfied customers tell their friends about your service or products, therefore their friends give their business to you. And then when the friends are satisfied too, they tell their friends about your business, and so on……

You will have a business beyond your hopes and imagination, a business that you have ever dreamt to achieve.

There are many benefits of taking referral marketing into consideration in your business, It can achieve customer assistance, relationship and loyalty development, Proactive referrals recruitment, Saves employee time and company wages, Increase of referrals year-over-year, referral tracking and data-base development for future campaigns, Maximum return on investment, and many more.

You will see immediate positive results, if you create a referral marketing campaign that is personalized with an eye on establishing solid customer relationships.

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tags: Marketing Techniques   referral marketing  
 

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