5 Power Tips To Grow Your Business Through Referrals – with Bill Cates

One critical element to professional business growth is to ensure that your happy clients don’t just refer but help you to make sure that their referral also becomes a happy and satisfied client.

 

By Bill Cates, President of Referral Coach International

Here are five critical things I believe you should do to turn a referral from an existing client into a quality introduction.

  1. Learn as much as you can about your potential new prospect from your client who is making the introduction. Ask the power questions, “What’s going on in their life that’s important to them?”  “What do you like or admire about them?” then, craft your approach to your new prospect with these answers in mind.
  2. Help your clients feel confident in introducing the potential new prospect. Say something like, “My guess is that George would prefer to hear from you before he hears from me. Let’s talk about how you might introduce me to George so he feels comfortable and we pique his interest in hearing from me.”
  3. Create in-person introductions whenever possible (if it fits your business model). A typical in-person introduction is where you take your client and their friend to lunch. Don’t talk business, unless it comes up from their side
  4. Discuss what your client is likely to say to their friend and how their friend is likely to react (receive the referral). Say something like, “What do you think you need to say to George to get him to take my call? And how do you think he’ll respond to this introduction?”  This helps your client make the best possible introduction.
  5. Don’t leave the conversation without knowing who will do what by when. Set a timeframe for the introduction. Say something like, “When do you think you’ll be able to speak to George so I know when to follow up?”

 

Will some introductions fall through the cracks or not be the quality you’d prefer?  Sure. Taking these steps will, however, improve your chances.

 

 

 

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