![]() |
Marketing Information |
|
|
Give me a Referral any Day - the Power of Networking
I nearly panicked recently! Well, maybe a slight exaggeration but here was a situation I had not been in for some time. The freezer had broken down and the dilemma I faced was - a speedy solution was necessary BUT I did not know anybody who repairs freezers. For the first time in some years I nearly reached for the Yellow Pages - a pristine copy that never sees the light of day - but sense prevailed and I consulted my wife. She rang her friend who works in a local hospital. They have an internal communication system for the employees to ask questions or post messages and within 30 minutes we had the choice of three prospective service engineers and one name had been suggested by three separate people. The choice was simple and - yes Mr Freezerman turned up and was superb! The point is that we prefer to buy from traders who have been recommended and preferably from people we know and trust. Business networking is all about trying to address this situation by ensuring that business owners meet each other frequently and build relationships and trust first, long before any deals are struck. Networking is fast becoming the primary way of sourcing new business, but and this is a big BUT - you have to go about networking with the right attitude or it will not work for you. I have been a member of BNI (Business Networking International) for nearly three years and know first hand that it can work for you as I have had many thousands of pounds worth of business as a direct result of being a member. And yet I did not get one meaningful referral for the first few months and was about to give it up as a bad job. I have also seen many new members give up in the early days saying it wasn't for them. The thing is that we were all making the same fundamental mistake - we were too concerned with what was in it for us - and not thinking how can we help our fellow members. The strapline of BNI is 'givers gain' and the moment I adopted that as my focus everything changed. If I give business to you will want to give me business to me is the message, but the emphasis is on the giving. Referrals are the currency and actively seeking help and support for fellow members becomes second nature after a time. It's simple - it works. Now, BNI is not for everyone and I can understand some of the reasons. The procedures are quite rigid and attendance and time keeping are essential. How many times have I heard new members say it is like being back at school. The vast majority though accept and understand why this disciplined approach works. A newer breed of virtual networking is emerging on the Internet and although there are quite a few large networks, Ecademy is emerging as one of the best business to business websites. It is even more important that the right attitude and approach is adopted if you want to achieve anything for your business through using Ecademy. Ecademy members are encouraged to put 50 keywords describing themselves, write a profile and to submit a photo. The mistake many make when they first join is to use their keywords and profile simply as an advert for their business. The successful networkers have interesting profiles about themselves, their interests, travels, family and amusing anecdotes. Are they missing out by not pushing their business interests? Not a bit of it as there is a link to their website - what is the point of another sales pitch. People buy from people they like and trust and the social side of the Ecademy is the important additional ingredient on offer. Within Ecademy there are hundreds of special interest clubs and regionally based groups that give the opportunity for physical meetings to be arranged. It is incredible to be able to go to a meeting with people that you already know a great deal about before you actually meet them. It all leads to a much more honest and open relationship from the off. I can't see how the Yellow Pages can survive in the long run. Give me referred, trusted traders any day. Networking rules - and works. Keith Watson has been designing websites for nearly 11 years and is the founder of Creative Eye - http://www.creativeeye.co.uk
MORE RESOURCES:
Marketing - Google News |
RELATED ARTICLES
The Top 10 Wild and Wacky Ways to Market Yourself for Big Visibility In today's competitive world of business, it takes moxie and pizazz to sell a great product, idea, or service. This list will provide you with ten unusual and creative marketing strategies which will help you to stand apart from the competition and to increase your visibility. 2 Little Words That Work Marketing Magic In his classic best-seller, "How To Win Friends And Influence People," Dale Carnegie's second chapter is entitled The Big Secret of Dealing With People. The secret is summed up in this principle: Give honest and sincere appreciation. How to Promote Yourself Or Your Company Through Award Competitions There isn't a day that goes by that I don't receive some sort of announcement about an awards competition. We get so many, in fact, that I have created a special place on my website where you can learn about what opportunities are awaiting. Want to Increase Your Business? First You Need to Understand where You are at! Are you having trouble understanding basic situational marekting concepts? Then this article is for you.Alex Margarit shows you a simple step by step way on how to put together a basic situational analysis. Encouraging Contact The small time promoter has to work hard and on a shoestring to get an audience of a few hundred people to fill a venue. Flyers, word-of-mouth and media name checks are some of the tools promoters use to fill small venues or club nights. Financial Services Marketing Insights: A Marketing Compass What we now call "marketing" began long before the name was coined. In the mid-1800s, traveling salesmen dressed "snake oil" and other tonics in fancy packaging and extolled their virtues to a gullible public. So You Want To Cut The Crap And Get Into The Money? So, you´ve been around for a while, and maybe even made a few bucks, but you still need something.. Where to Look for New Donors for Your Fundraising Letter Appeals Have you ever studied your best donors and wished you could clone them all? Maybe you can, with a bit of creative thinking.1. 25 Ways To Make Your Next Direct Mail Campaign Work This list contains 25 powerful strategies to improve your direct mail results. It would be wise to use this as a checklist to ensure you've included as many as possible in your advertising. Build your Trade Show - Virtually Virtual trade shows are gaining momentum as a way to encourage participation in the event - both live and online. Here are a few ideas to help you expand your trade show - virtually. Budgeting for a Postcard Mailing If you've never done a postcard mailing, you're probably wondering, "What should I budget for?" Here are three items to account for: 1. If you're a designing woman (or man), then you'll need to get that great postcard design out of your computer and into the hands of the postcard printing company. Niche Marketing: The Affiliate Angle If you're just dipping your toes into the waters of Niche Marketing for the first time then Affiliate marketing is the ultimate low risk choice to get you started.Affiliate programmes cost nothing to join and present an almost infinite choice of products and services from which to build a niche business. Overview on Qualitative Data Collection Techniques in International Marketing Research This article is meant to be a brief review and reminder of some valuable yet often bypassed techniques to collect data on international markets and consumers.When thinking of market research, surveys are most likely the first technique that comes to ones mind. Motivate Your Market Force IntroWant me to tell you something on how you can motivate your market force in 2005. I will do so today. Trade Show Marketing - Getting Prepared for the Big Event With the increase in number of tradeshows being held across the world, it has become imperative to check the trade shows' credentials before you commit participation. Here are some quick tips on checks to ensure that you are not heading for a dud trade show:1. Good Marketing Pays for Itself Most companies ask themselves this question: "How much will this advertising cost us?" when they should actually be asking themselves this: "How much will it cost not to do this advertising?"If your company spends $1000 per week on marketing then you could save $1000 per week by not doing any marketing. That is true but it is the simple and shortsighted view of the situation. The 5 Musts of Marketing For most of the small business owners I work with, marketing has become the equivalent of a four-letter word. Inevitably, when I ask the question, "Do you have a marketing plan?" or "What marketing activities do you engage in?" I get the full gamut of responses from the proverbial deer in the headlights stare, to a vociferous, "I hate marketing, it's the least favorite part of my business!"After years of witnessing this reaction, and learning a bit about modern marketing, I'm starting to understand why traditional marketing is perceived and experienced as a necessary evil and avoided like a root canal. Beyond the Booth With the advent of spring, trade shows begin to blossom. Research suggests that tradeshows are where today's businesses invest much of their marketing budgets. Forget Conventional Marketing - Embrace the Web! Tactical marketing processes are once again undergoing fundamental shifts from traditional to web-based processes. Many traditional marketing firms/agencies are still touting the tried and true to their clients; i. Make Your Prospects Say Yes! 6 Secrets to Stellar Sales PresentationsEvery sale is won or lost in the presentation. Regardless of product, industry, or market every sale has the same basic components: A prospect who wants a product, a product, and a sales person who will or will not help that customer buy. |
| home | site map |
| © 2006 |