Getting Referrals for a Small Business
Getting referrals for your small business is one way of growing your company. In order to benefit from referrals, you need to build your customer base. This can be accomplished by providing excellent services and products.
Building solid business relationships is the foundational block of any small business. Any one of your current contacts can refer you to others. Rather than wait for them to volunteer, make an effort to ask for the referrals you need. The following offers more practical advice on how to build your referral network.
Developing Referral Building Habits
According to Ray Silverstein, President of PRO (President’s Resource Organization), it’s to your advantage to develop good referral-building habits. You can do this by revamping your thinking about asking and being more aggressive in your referral pursuit. Proactive referral habits include:
Integrating referrals into your initial agreements with new customers
Asking for referrals every time you receive a customer compliment on your services
Using client meetings as opportunities to ask for referrals
Setting weekly goals for getting referrals
Being specific in the type of referrals you ask for
Capitalizing on your networking opportunities to get referrals
Give and it shall be given
As your small business grows, you will come in contact with highly potential people whom you can refer to others. Giving referrals generously yourself when the opportunity arises will open doors for others to respond in kind. Be on the lookout for occasions to bring contacts or business associates together for mutual benefit and see how it reciprocates in your favor.
Another way of giving is to offer rewards to customers who provide referrals regularly such as special discounts, free services or products, etc. Don’t forget to thank every customer and referral for their time, trust and support. Showing genuine appreciation to your customers and treating them with care will win their confidence and trust as loyal clientele.