What does G.L.U.E. have to do with getting more referrals from clients and introductions.

Click below to hear this short audio lesson today, as I explain my referral acronym…

G.L.U.E.®

This advice will help you understand the process of generating more qualified, affluent referrals and introductions.

Do referrals come when you network? Or does your ability to network help you increase your referrals.

Both, obviously.

It amazes me, though, how most professionals see each as a separate marketing task. I heard it said that if you want to learn how to ask for more referrals, just become a better networker. That’s true to an extent.

At the heart of people who get a TON of referrals and referred-business–consistently-you’ll find this one common trait.

That trait is someone who networks well.

Whether it be in building their own close social circles, or being out in the community, chances are their business is thriving because of the networking they’ve invested in.

Here’s a great article by Michael Taylor that gives you further takeaway.

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“Professional Networking is the Key to Business Success”
by Michael Taylor

Networking itself is the term given to the building of contacts in a professional manner which will ultimately help you have the support group which you need for success. Networking can refer to cultivating friendships with professionals in many different fields, giving you the best chance for finding additional contacts or sources for business transactions.

It can also refer to the way in which you go out and find potential clients. Ultimately, it’s a way for you to reach out and start making a difference in the impression that you make on the way that you do business. A B2B directory can be a great first step in helping you to make that impression.

You will find that, after you have joined a B2B directory, that you’ll have a wealth of knowledge immediately made available to you. One of these directories has a wide array of professionals listed within, helping you to find someone who is going to give you the resources that you need when you need them the most.

If you are looking for a professional in a certain area of business, you can look in the directory to find someone who fulfills those conditions. This will help you develop your professional networking skills, giving you the best opportunity for making long lasting contacts who you can develop a business relationship with.

Professional networking is one area of business which cannot be given enough attention. People want to do business with individuals who they feel they can trust, which is why you will want to put plenty of time into the manner that you craft relationships with those individuals.

When you are able to join a B2B directory and offer your services to people all around the world, you’ll find that it becomes easier for you to get the assistance which you need in return.

The more people who you meet through professional networking, the more valuable you will become in a business setting. Considering that so much success of business is related to knowing the right people, when you have the necessary contacts, you will be able to make calls when they are needed the most.

That will help you to push business deals through and give you more of a likelihood of completing all of your goals on time and on budget. A B2B directory could ultimately give you all of these contacts in one simple place.

Professional networking will require you to more than simply join a B2B directory, however.

Once you are a member of the directory, you are going to need to take the time to build relationships with the members inside of the directory who you feel will give you the better chance of professional success. This can take time, so you will always want to be working on the way in which you cultivate your professional relationships. Time will need to be spent on the personal interactions that you have with these individuals so that, in the end, you are able to turn to them when you need something.

Figuring out how to use a B2B directory can benefit you greatly as you get the necessary edge with professional networking. Turn to Madison Whos Who for the tools you need toward promoting yourself in a lasting manner.

Asking for referrals… or discussing referrals… or approaching others about wanting more referrals….

…does the thought of this make you uncomfortable?

Well, you’re not alone.

For most people interested in growing their referrals of clients and customers, discussing referrals almost feels like begging.

Today, I’ll share with you a concept that I call “L-C-E-P”, that will break down your referrals barrier rather easily.

I stress the importance of making sure people find VALUE in your services before you ever discuss referrals with them. So, presuming you know that others are valuing your work, let’s look at…

Are You Using The Concept of L-C-E-P?

L-C-E-P continues on the theme of value-recognized. It stands for “Low-Cost Experience Points.”

In other words, I want you to start thinking  of ways you can communicate value to others via entry points to your services, and LCEPs (low cost experience points).

One of the simplest ways of doing this, and creating those LCEPs, (as an rough example), is to get your website (or web page) updated – it’s an online brochure, and as important as any hard marketing materials you now own (or plan on creating in 2010.)

How many brochures have you requested from a company recently? Zero probably.

What I’m driving at is for you to showcase your core competencies, including cloaked case studies, and other work illustrations that allow a person to come to experience you and your work.

Also, it still amazes me how many professionals see referral marketing and building referrals from clients as a means of offering forced inducements (bribes, rewards or otherwise) to the client to get new introductions, and new “experiences” with others.

Stop doing this. Referral bribes and rewards are cheap inducements. They are  flawed and foolish.

Instead, hone-in on your Low-Cost Experience Points. Everyone has them in their business.

What are some in your business right now that you can offer to others?

Referral Marketing or Networking: Which?

But should you budget money to spend on your referrals or networking activities each month this year?

Obviously, most people know that networking and referrals go hand-in-hand. Referrals become a by-product of networking efforts you put forth. And, in fact, many would argue, (and I’d agree) there’s no higher return on investment of your time (in terms of the earnings you generate) than actively networking.

 [This article is a guest article, contributed by guest contributor Stephen Labuda]

“3 Reasons Why Networking Should Be A Part Of Your Marketing Plan”
by Stephen Labuda

One of the first things that business owners cut from their budget when times get tough is marketing. Oftentimes, a business can be spending as much as 40% of their budget or more just on marketing alone. This huge number looms large as the business owner looks at the other bills they have to pay.

This leads many to slash it or remove it altogether. The question then becomes, if you are not marketing, how will you get new clients to pay the other bills? This is why getting rid of marketing makes no sense at all. Business owners should instead look at more cost effective ways to generate the business they are looking for.

One technique that is tried and true is networking. Going to networking events to seek new clients and business relationships is a fantastic and proactive way to keep your marketing alive even in a down economy. Let’s look at 3 reasons why networking should be an important part of every marketing plan:

1. It is inexpensive-In most cases, networking is probably one of the most inexpensive marketing tactics you can use to grow your business. All you need is a few business cards and perhaps a small entry fee to the event. Most networking events cost less than $30 to attend and feature 75-100 people or more. Those 75-100 people collectively know thousands upon thousands of people that you can bring into your network as well if you handle yourself properly. Compare this with a $2500 yellow pages ad. If someone is looking for what you do, and your ad stands out from all the other ones in there, they may choose to call…even then, there is not guarantee you will get the business. Networking is cheap, but effective.

2. You have control-With a normal advertising/marketing program, the control is pretty much in the hands of the person you pay to do the work. They decide how the campaign plays out and ultimately, if you will get results or not. This can be a scary thing when it is YOUR money they are playing with. Networking puts the control in YOUR hands. How many events you want to attend, how many people you want to meet, what you say to them, all of that and more is in YOUR control.

3. You can see results almost immediately-Another reason networking should be a part of your marketing plan is that you can see results very quickly, even if YOU are the one taking action. For instance, if you made a great contact at a networking event, you might choose to call them the very next day and set an appointment. You never could have done that had you not attended the networking event. With traditional marketing campaigns, you have to wait for potential clients to contact you; that wait can seem endless especially if you need clients NOW.

As you can see, networking provides some pretty valuable benefits over and above traditional marketing plans. For these reasons and many more, you should definitely include networking as one of your most valuable tools in your overall marketing strategy.

Stephen Labuda is an entrepreneur who built his businesses through networking. You can connect with him through the Boston Networking group website.

This includes getting referrals from strategic alliances (ex: CPAs, Attorneys, Investment Advisors, Realtors, Insurance Agents, Mtg. Brokers, etc.)

If your plan this year includes increasing your referral flow, don’t overlook the advice today.

[This article is a guest article, contributed by guest contributor Darek Daniel]

“The Words a Picture Cannot Say to Your Customers”

We’ve all heard of the saying that a picture is worth a 1,000 words, but business owners beware. Don’t take this saying literally when it comes to your advertising. Too many times business owners make the mistake of trying to be too clever or creative with their marketing pieces that their message becomes muddled or unclear to their target market.

Although you probably don’t want to use 1,000 words in your advertising, words are an important piece to your marketing and should complement your graphics and help get the message across. There’s nothing worse than spending the time and money on an advertising piece only to find in the end that no one gets it. Sure it may look great, but is it effective? Remember, there are several important messages your clients should get when they read your advertising piece.

1.  
   1. Who are you? You spent all that time on your advertising, but can your client immediately identify what your company name is? If your logo and company name aren’t immediately apparent in the design, than you have no branding value to your marketing piece and it’s time to rethink your creative.
   2. What do you do? I can’t tell you how many times this happens. Business owners get so involved in the aesthetics and the cool factor of the design that they forget the entire purpose of the piece. If you can’t tell from looking at your design exactly what your company does, why bother spending the money?!
   3. What do you want your clients to do? Ok, so you’ve sent them this great advertising piece. It has your company name on it, and it clearly states what your company does. Great. Now what? What should your clients do about it? Should they call you? Should they visit your website? Set the expectations for what you want to happen by including what’s called a call to action. This is marketing speak for tell your clients exactly what you want them to do. Literally use the words, “Call 555-5555 now for an appointment,” or “Visit our website today at www.prova.fm.” Remember to keep it simple!
   4. Why should your clients follow through? Now that you’ve told your clients what you want them to do, give them a reason to do it. Offer them an incentive to pick up the phone and call your business. Whether it’s 10 percent off or buy one get one free, it doesn’t matter as long as it’s an attractive enough offer to entice people to use your products or services.

Offering incentives also gives you another great benefit besides bringing in new customers. Incentives allow you to track your marketing efforts. Not following me? If you offer a 20 percent discount only to people who have received a certain advertising piece, then when they call asking about it, you will know where they found your number and ultimately you can track the effectiveness of your marketing campaigns. Try to make sure each marketing effort you employ gets a different incentive. This will make it possible to track your efforts.

Creating great advertising pieces that draw your clients’ attention with attractive graphic design is just the beginning of a successful marketing campaign. By keeping these rules in mind when you create your pieces, you will ensure that your advertising efforts will not be in vain.

Darek Daniel is a marketing writer and branding professional for Firefly Writing, & offers weekly advertising help for small businesses at Prova.fm. For more information on how your small business can benefit from the design services mentioned in this article, you can visit http://www.prova.fm. For more resources on this topic, visit our blog at http://advertisinghelp.wordpress.com/.

That time of the year again…. year-end, and holidays.

You want your clients to tell others about you. That’s the purpose of getting referrals and being introduced to others.

Before you stuff another boring Hallmark in the mail that’s going to hit the garbage can, check out a brand new report (FREE) I just created, “Stellar Year-End Client Appreciation Ideas”

Download Here: Stellar Client Appreciation Ideas

There’s also another bonus report on that page!

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