Rae Stonehouse aka Mr. Emcee shares the presentation slides that he used at a recent meeting of the Okanagan Business Referral Group (Thursdays). His presentation is entitled "Referral Marketing Works."
5. 8 out of 10 will likely say “word of mouth”
Where do you get your customers?
6. New York Times article says that 65% of
business comes from referrals.
7. Yet a separate survey by best-selling author
John Jantsch found that 79.9% of
businesses have no system for generating
referrals.
Where do you get your customers?
8. Further research says that referrals
count at least 4X greater than any
other type of lead.
Where do you get your customers?
9. Do you have a system in place to
generate referrals?
Where do you get your customers?
11. Reasons for not …
1) Uncomfortable asking for
referrals.
What was holding them back?
12. Reasons for not …
2) Don’t know how to ask.
What was holding them back?
13. Reasons for not …
3) Don’t know when to ask.
What was holding them back?
14. Reasons for not …
4) Don’t have a system in place to
ask every customer, every time.
What was holding them back?
15. When you ask for a referral there
are at least 3 parties involved.
The Problem
16. The Problem
You! i.e. your business.
It can be difficult to ask for a referral when
you don’t have a clear idea of what it is you
have to offer. How can you expect someone
to refer you when you yourself don’t
understand what you offer?
Are you referable?
17. The Problem
You! i.e. your business.
Your
connection.
Your connection or client
may not have a clear
understanding of what
services you provide and
how they can refer you to
another.
They may also be
concerned that your
reputation may affect their
reputation.
18. The Problem
You! i.e. your business.
Your
connection.
Your connection’s connections.
Your connection’s connections have to rely
on what your connection has told them
about you. Do they have enough details to
make a referral?Your
30. A Solution
What about OBRG?
Okanagan Business Referral Group
(Thursday)
Join us for a complimentary breakfast at
the Capri in Kelowna. See how referral
marketing can work for you.