Five Keys to Building a Referral Based Business

fellowship20groupIn doing some investigating and research for this article, I found that there are some pretty standard “keys” to building a referral business. Most of them are rather boring and extremely generic. As I read several articles on the subject, I found myself wondering what really makes a referral based marketing business work. You see, it seems to me that there are some people that are really good at it (seemingly without much effort) and there are those who try really hard and seem to struggle terribly.

So, what are the real “keys” to building a referral based business? I found five that I would like to propose here:

  1. Be yourself! Nobody wants to refer you to their family, friends, or business associates if they see you as “fake” or someone putting on a show. By being yourself, you may not be able to work with everyone. But think of it this way, if someone doesn’t like you for who you are then they will likely leave you as soon as they find someone in your industry that they do like! Be yourself.
  2. Don’t overplay your hand! We all have abilities and talents that make us good at what we do. If someone asks you to do something outside your abilities, just say no! Now in saying no, you might well be able to point these referrals in the direction of someone who can help. Those you re-refer will appreciate your honesty and will look forward to doing business with you when they need what you are good at!!
  3. Be flexible. Take time to really listen to the referral and find out exactly what they are looking for. So many people today go into a meeting with a pre-planned package of information that may not serve them well. When you listen closely to those referred to you and answer their questions and meet their needs, not only will they work closely with you, but they will also become referrers of your service to others!
  4. Do what you promised and do it when you promised. Delays are at times inevitable, but you must serve these referral clients as if the life of your business depended upon them. (And in many ways it does.) Remember these referrals came to you by the recommendation of someone else. If you don’t handle them properly they may not be willing to expand your referral network, but they may report back to the one who referred them causing these first referrers to leave your referral group as well!
  5. Create a follow-up system that never looses a client/customer between the cracks. When your past and current client base know that they are well respected and are always aware of new things you can do for them, not only will they use you again and again, they will refer you to everyone they know who needs your products/services.

This is my list, now what have you done that could add to this list?

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Open House – Come Visit Referrals Quad City!

I 74 BridgeThe next two Tuesdays, Referrals Quad City will be hosting open houses in our two groups. Our breakfast group open house will be held Tuesday, April 23rd at 7:00 am at the Chophouse Restaurant in the Radisson Hotel in Davenport. Our lunch group will host its open house Tuesday, April 30, at noon at the LaFlamma Restaurant in Moline.

If you would like more information just email me and I will get back to you right away. We need to have the RSVP for the Breakfast meeting by Monday (4/22) and for the Lunch meeting by Thursday (4/22).

If you want to know more about Referrals Quad City click here and you will get the basics, click here and you will see the rules!

We look forward to visiting with you in one of these two meetings!

 

Dave Wellman, FounderReferrals Quad City

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Snowy Days and Tuesdays

"TUESDAY" production sign

(Photo credit: Vaguely Artistic)

Well for two Tuesdays in a row Referrals Quad City has been the victim of bad weather. Last week our lunch group was overwhelmed by snow and today both groups were affected. The most difficult part of this is that today was a planned big event (open house) for our breakfast group with much work done to prepare and at least 6 visitors planning to attend!

But, like any venture some days are going to turn out just like this. You know what they say about the best laid plans!!

As I write this post several lessons about business come to mind:

  1. Every business is going to experience things totally out of their control. Sometimes things just happen!
  2. The goal of every business experiencing these “out of their control” things should be to press on, retool, and never quit.
  3. The plan for success is never the victim of any single “out of control” event.

We will be rescheduling our first annual open house and you will be invited again! My hope is that the weather cooperates and that we can see an even bigger crowd of entrepreneurs, business owners, and sales people looking to improve their business skills, build a strong and successful referral network, and look for ways to give back to the community we all live in!!

Have a great week and mark you calendars for next Tuesday to join us again at Referrals Quad City!!

See you then -

PS – If you were planning to visit as a guest this week, you do not have to wait till the rescheduled open house to visit! Next week would be fine!!

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Referrals Quad City – Phase Two

The Redstone Building in Davenport, Iowa, whic...

The Redstone Building in Davenport, Iowa, which was home to the original Von Maur department store and is now home to the River Music Experience. (Photo credit: Wikipedia)

We are nearly one month into the new year and I am excited about the changes going on here at Referrals Quad City. When we started in June of 2012, I always thought that as things progressed that we would have both the opportunity and the desire to expand. Well, as of February 5, 2013 we are going to do just that!

On Tuesday, February 5, 2013 Referrals Quad City is going to begin hosting our first lunch group! It will be held at the Radisson Hotel in downtown Davenport (111 E. 2nd Street) from 12:00 to 1:30 pm. Theresa Jones is going to head things us as the group coordinator and we are expecting exciting things out of this new group.

Besides the addition of this first of four new groups planned for this year, we are also expanding the training portion of our business plan. We are looking forward to working with some of the premiere trainers and business coaches in the QCA. Our goal is to create a great working relationship with powerful trainers/coaches in the areas of Public Relations, Marketing, Organizational Develop, Branding, and General Business Practices. These great teachers will attend our meetings regularly to help our businesses, agents, and company employees develop the strong business “know-how” to be successful in the highly competitive and every changing business market. Along with those we bring in from outside our groups, we will also be working together regularly as mastermind groups, helping each member solve problems and grow their businesses to new levels of success!

Along with this emphasis on training we are going to continue to improve our networking and referral skills that will allow each member of each group to receive a steady stream of solid referrals as a benefit of active participation with Referrals Quad City!

And of course we are also going to emphasize and help to promote the charities and nonprofits that each group member feels drawn to help. Only when we give back to our communities can we really claim to be successful in the ways that really count. This emphasis on giving back will always be an emphasis of our groups.

So with lots to look forward to in the new year, we at Referrals Quad City are looking forward to what lies ahead. If you have an interest in knowing more about our groups, our mission, or are just curious to meet us, please call or email me at any time. I would love to share our vision with you!

Dave Wellman
Referrals Quad City
563-484-4288
dave@wellmangroupinc.com

 

 

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Helping the Group Market

As the Quad Cities premier referral, business connection, and networking group, we should all be working hard helping each member of our group market their specialties. The “million dollar question” is, “How can I do this in an effective and beneficial way?”

Here are a few suggestions that I hope will help:

  1. Have a cup of coffee with each group member and learn all you can about them, their passions, and their business specialty. If you don’t really know someone, their motivation for doing their job or being in business, or what exactly they are good at, it is really hard to market them with people you meet.
  2. Read/subscribe to each members blog (if they have one). By getting regular updates from the writings of our members, we can learn about and understand industry trends that will help us to recommend our members to our family, friends, and business connections. By the way, if you have a thought that would add to the conversation, leaving a comment at the end of a post will add content to their blog and help their rankings in the search engines. This will allow more people to find them as they search the members specialty online.
  3. Follow each member on Twitter, LinkedIn, and even like their Facebook page. These social media helps are like passive word of mouth advertisements for our group members. Every time someone clicks “@referralsqca” on Twitter and sees our web address, there is a possibility that they will visit the site, learn something new, and contact us about the group. The same thing is true about every members Twitter account, website address, facebook page, etc.

These are just a few easy steps we can all take to help the whole group market their businesses. As group members, we have become “cogs” in the referral engine for each company represented. Let’s do our part for each member of the group!

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Referrals Quad City – Here We Go!!

After three weeks of planning and inviting, Referrals Quad City is “opening its doors!” I am very excited about the response and am looking forward to an amazing meeting tomorrow.

Before we open our doors and begin to add members to this group, I thought that I would make our purposes known. There are three areas of purpose for Referrals Quad City:

Referrals

Referrals are the secret ingredient to the long term success of every business. Referrals Quad City was designed around this truth. Our purpose is to not only meet together to pass referral business to our group membership, but to teach each group member how to build a strong and vibrant referral system for their businesses. This training process takes time but will make each of our businesses as successful as we want them to be.


Business Connections

With the onslaught of the “big box” stores, local businesses and their owners/employees need to connect in ways that they never have before. Each local business provides much more to the community than just the product/service that they represent. It is the purpose of Referrals Quad City to provide those local business connections and to work with each other to create opportunities to benefit not only our businesses but also to have a powerful impact on our communities.

Strategic Partnerships

Strategic partnerships are those partnerships formed between similar companies that can work in a complementary way. It is the purpose of Referrals Quad City to seek after such partnerships in the development of our group. This way each member of the group will have specific opportunities to create additional business by working closely with other members of the group. There is no telling where such partnerships might lead and how much business might be created when these partnerships are formed.

As you can see from these three purposes Referrals Quad City is not just another leads group. We want much more for our businesses and for our group. Because of this we are looking for just the right fit. If you are looking for the opportunity to build this kind of referral system and create strategic partnerships with like minded businesses, then give me a call (563-484-4288) or email me at: info@referrals-qca.com and I will answer all your questions.

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Referrals, Business Connections, Networking

I wanted to begin this blog with an article about the most important business building tool in the history of the world. That tool IS NOT the internet, it IS NOT social media, it IS NOT slick ad campaigns. This powerful tool is, instead, the voice of loyal and satisfied customers and knowledgeable strategic partners who are telling their world about your business, your products, and your services.

When you have these kinds of connections, your business is bound to grow through their efforts on your part. So, what must you do to gain this advantage and build a strong and vibrant referral network:

  1. You must build your business in a fair and ethical way. I know that this sounds obvious, but in our society today, fair and ethical have at times taken a back seat to profits and other kinds of short term gains.
  2. You must build a customer satisfaction program that let’s your customers understand that their needs are front and center in every aspect of your business. When your customers know that they are being well taken care of, they will readily refer you and your business to their sphere of influence.
  3. You must create business relationships with others companies and business owners that will act as ambassadors for you and your business. These business relationships need to be built on an understanding of your skills, how you work, and your commitment to caring for your clients. When these businesses and their owners/employees know you are capable and can be trusted, they will happily refer you to their clients and their life acquaintances.

So, we are beginning something new. It is called Referrals Quad City and we are looking for business owners who want to build strong and vibrant referral systems to join us!

What do you think? What are you doing to build your referral system?

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