When Should You Ask for Referrals? (Part 1)

Who doesn’t want to grow their business through referrals? We’d all rather sell to people who have been referred to us. The sale starts with a level of trust and familiarity that just isn’t produced by other methods of lead generation.

So why are sales people so bad at generating referrals on a consistent basis? I would argue that as sales people and marketers, most of us have over-simplified the concept of referral generation.

As I speak with sales organizations about referrals, the conversation quickly heads in one of two directions:

1. Sales people – remember to ask for referrals; or
2. Marketing people – develop a structured rewards program (MCI Friends & Family) to motivate people to refer.

I would certainly agree – you rarely get what you don’t ask for.  So, asking for a referral is better than doing nothing at all.  And people rarely change their behavior – or invest energy to assist a selling organization without incentive. But I’m convinced that this is a gross over-simplification. (more…)

How to Be the Most Believable Marketer in Your Industry

A short while ago, I wrote a post discussing one of three key marketing principles discovered and well-documented by the Eureka! Ranch (Overt Benefit). I’ve gotten a lot of feedback since, and thought it would be worthwhile to complete my review of all three principles as we should all have them at the forefront of our minds as we undertake our work.

The second principle speaks to the skepticism that all of us feel when confronted with marketing.  Let’s face it… life experience has taught us to believe little of what we hear from marketers.

For this reason, strong statements of benefits – no matter how compelling – fail to move people to action without the help of REAL reasons to believe what you’re saying.

The benefit is what your offering.  The reason to believe is HOW you’re going to make good on the promise.  We simply have to provide both.

As I watch the marketplace today, I find that this issue – the real reason to believe is the greatest weakness of new business concepts.
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