I talk on here a lot of about one-on-one referral generation efforts. And while I'm 100% a huge advocate of that... ...one of the biggest challenges we have as a small business owner (or commissioned sales professional) is is TIME. We come across so many different people in our lines of work, and only a small percentage are going to be a fit for true one-on-one referral partner status. So what happens with all the others? Do we just ignore them? Well the answer for a lot of people is...yes. Unfortunately. You spend so much time, effort and energy meeting new people, servicing (past and current) clients, and getting introduced to acquaintances... only to let all those efforts and connections eventually wither and die. And you know what? It's understandable. Because as your "inventory" of people you know grows, it becomes more and more difficult to stay in communication. There is a way though. One of the best strategies I’ve found is a one-to-many strategy (one thing that goes out to many people) called the Success Story. This is part of an email drip campaign that:
When we do it, we share how we help our clients. BUT don't worry...this isn’t a "tooting your own horn" thing. Because in the Success Story, we make the client the hero. And then we share that story with all of our relationships, our past customers...essentially everyone in our "inventory" (i.e. database). The Success Story works. Every time we send one out in our mortgage practice, we typically see an increase of at least 10% in our pipeline. (And sometimes even 25-30%.) In fact, an old client of mine once got over 100 referrals in his first year in a new position, and this was one of the key strategies he used. 100 referrals. In his first year in a new position. Can you believe that? So in the next few weeks, I’m going to give you the framework for building and sending your first success story, so it’ll make people think of you when it comes to your product or service. All you need is a simple testimonial to start - more on that in upcoming emails. See you next week! Brian PS - Keep in mind, this can also give you great social media content to spin out. So it's not like you send an email and it's 'one and done.' You can keep using it over and over! Whenever you're ready, there are 2 ways I can help you:
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Losing focus. You gotta watch out for when it's happening to you. So here's a little "Coach's Corner" lesson for you... I was meeting with a financial advisor client earlier this week. He's a 10-year veteran in his industry, and very successful. But he'd reached a threshold in his business where he felt stagnant. So what we did was, we went back to the basics. In my coaching practice, there's something called the 5 Elements of Momentum, or the Momentum System. So we did was, we went back and...
Recently in The Boardroom we were talking about generating ideas, and implementing ideas. For this very reason, one of the things we do in The Boardroom every month is ship a book to each member. And we do that because there's a philosophy out there, and I think Jim Rohn sums it up best: "If you work hard on your job, you can make a living.But if you work hard on yourself, you can make a fortune." And the members of the boardroom realize that. They're all focused on personal development just...
I'm a big fan of Shark Tank. So I was sitting there recently listening to Robert Herjavec, and he said something that struck me: "Good salespeople sell features. Great salespeople sell results. And the greatest salespeople sell...feelings." I reflected on that a bit, and it totally makes sense. But despite that...how often do we default to selling features? Or even at best, default to selling results? I'll wager that for most of us, it's those two defaults most of the time. So thinking about...