Marketing Information

Give me a Referral any Day - the Power of Networking


I nearly panicked recently! Well, maybe a slight exaggeration but here was a situation I had not been in for some time. The freezer had broken down and the dilemma I faced was - a speedy solution was necessary BUT I did not know anybody who repairs freezers. For the first time in some years I nearly reached for the Yellow Pages - a pristine copy that never sees the light of day - but sense prevailed and I consulted my wife. She rang her friend who works in a local hospital. They have an internal communication system for the employees to ask questions or post messages and within 30 minutes we had the choice of three prospective service engineers and one name had been suggested by three separate people. The choice was simple and - yes Mr Freezerman turned up and was superb!

The point is that we prefer to buy from traders who have been recommended and preferably from people we know and trust. Business networking is all about trying to address this situation by ensuring that business owners meet each other frequently and build relationships and trust first, long before any deals are struck. Networking is fast becoming the primary way of sourcing new business, but and this is a big BUT - you have to go about networking with the right attitude or it will not work for you.

I have been a member of BNI (Business Networking International) for nearly three years and know first hand that it can work for you as I have had many thousands of pounds worth of business as a direct result of being a member. And yet I did not get one meaningful referral for the first few months and was about to give it up as a bad job. I have also seen many new members give up in the early days saying it wasn't for them. The thing is that we were all making the same fundamental mistake - we were too concerned with what was in it for us - and not thinking how can we help our fellow members.

The strapline of BNI is 'givers gain' and the moment I adopted that as my focus everything changed. If I give business to you will want to give me business to me is the message, but the emphasis is on the giving. Referrals are the currency and actively seeking help and support for fellow members becomes second nature after a time. It's simple - it works.

Now, BNI is not for everyone and I can understand some of the reasons. The procedures are quite rigid and attendance and time keeping are essential. How many times have I heard new members say it is like being back at school. The vast majority though accept and understand why this disciplined approach works.

A newer breed of virtual networking is emerging on the Internet and although there are quite a few large networks, Ecademy is emerging as one of the best business to business websites. It is even more important that the right attitude and approach is adopted if you want to achieve anything for your business through using Ecademy.

Ecademy members are encouraged to put 50 keywords describing themselves, write a profile and to submit a photo. The mistake many make when they first join is to use their keywords and profile simply as an advert for their business. The successful networkers have interesting profiles about themselves, their interests, travels, family and amusing anecdotes. Are they missing out by not pushing their business interests? Not a bit of it as there is a link to their website - what is the point of another sales pitch. People buy from people they like and trust and the social side of the Ecademy is the important additional ingredient on offer.

Within Ecademy there are hundreds of special interest clubs and regionally based groups that give the opportunity for physical meetings to be arranged. It is incredible to be able to go to a meeting with people that you already know a great deal about before you actually meet them. It all leads to a much more honest and open relationship from the off.

I can't see how the Yellow Pages can survive in the long run. Give me referred, trusted traders any day. Networking rules - and works.

Keith Watson has been designing websites for nearly 11 years and is the founder of Creative Eye - http://www.creativeeye.co.uk


MORE RESOURCES:

Ace Marketing & Promotions Inc. Takes Proximity Marketing(SM) to ...
CNNMoney.com - 16 hours ago
Ace Marketing & Promotions Inc. (OTCBB: AMKT) announces that IMAX Theaters is piloting Proximity Marketing at its Palisades theater location in NY, ...


Merkle Inc., the Limited to team on database marketing
Bizjournals.com, NC - 12 hours ago
Database marketing firm Merkle Inc. has signed up the Limited as a new client in a three-year contract. The Columbia firm will analyze customer data to help ...
Merkle Selected by The Limited to Support Integrated Customer ... MarketWatch (press release)
all 17 news articles


Boston Globe

FedEx trims '09 marketing budget by 25%
Bizjournals.com, NC - 16 hours ago
United Parcel Service Inc. rival FedEx Corp. will cut its marketing budget by more than 25 percent for 2009, the company recently disclosed on its blog. ...
FedEx cuts marketing spend by more than 25 percent Reuters
FedEx to reduce marketing budgets by 25% Brand Republic
all 43 news articles


Bouvier Kelly wins health marketing awards The Business Journal of ...
Bizjournals.com, NC - 17 hours ago
Downtown Greensboro marketing firm Bouvier Kelly has won three awards from the Carolina Healthcare Public Relations and Marketing Society for its work with ...


Wellstar/TMI Begins Marketing Imaging System to Long-Term Care ...
CNNMoney.com - 7 hours ago
TMI's marketing plan includes a program where LTC facilities can lease the equipment necessary to perform skin assessments and store the necessary data ...
Wellstar/TMI Announces Estimated Three-Year Revenue Projections MSNBC
all 9 news articles


Washington Post

University of Florida's marketing savvy and athletic prowess have ...
Sun-Sentinel.com, FL - 14 hours ago
By Sarah Talalay | South Florida Sun-Sentinel University of Florida fan Michelle Jackson has her outfit for college football's national championship game ...
BCS National Championship notebook Dallas Morning News
BCS is a political football in 2009 CNN
Danny Wuerffel to Tim Tebow: Return for senior year Orlando Sentinel
all 3,968 news articles


Proton Laboratories Announces New Sales & Marketing Office
CNNMoney.com - 17 hours ago
Proton will start by marketing a variety of enhanced water products that provide health benefits for people and the planet as well as the commercial product ...


FIMA Completes Project in Veracruz and Begins Marketing Homes for Sale
MSNBC - 3 hours ago
The initial stages of marketing the properties for sale have already begun, and the Company will expand those efforts now that the properties are completely ...


Summit Realty Group marketing Dow property along 106th Street
Indianapolis Star, United States - 13 hours ago
With a team of 25 brokers and additional market research, marketing, and client support staff, Summit Realty Group specializes in office, industrial, ...


Radio Relevance: Katz Launches New Marketing Unit
MediaPost Publications, New York - 2 hours ago
by Erik Sass, 7 hours ago Katz Media Group is launching a new national marketing unit that will focus on creating custom solutions for advertisers that take ...
Katz Launches Katz Marketing Solutions Streaming Magazine
Katz Media Group Reorgs to Trim Costs MEDIAWEEK
Katz Media Group Launches National Marketing Unit to Exploit the ... Earthtimes (press release)
Radio Business Report - AdAge.com
all 24 news articles

Marketing - Google News

home | site map
© 2006