Who Moved My Referrals? A MUST ASK In Every Sales Cycle!
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Article Title:
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Who Moved My Referrals? A MUST ASK In Every Sales Cycle!
Article Description:
====================
Do you or does your company have a specific "method of operation"
to follow as it relates to referrals? Are you too shy to ask?
Is your self esteem such that it troubles you to ask? Almost
each and every day I see examples of this unfortunate mindset
with my own sales coaching students or at the companies for which
I consult. RARELY even do my own clients ask me for referrals.
Additional Article Information:
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1919 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-05-16 11:00:00
Written By: Chuck Bauer
Copyright: 2006
Contact Email: chuck@chuckbauer.com
Chuck Bauer's Picture URL:
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For more free-reprint articles by this Author, please visit:
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Who Moved My Referrals? A MUST ASK In Every Sales Cycle!
Copyright © 2006 Chuck Bauer
Chuck Bauer's Mastery Performance Group
www.chuckbauer.com/
Imagine for a moment . . . placing the same amount of emphasis
on referrals as the other significant items of our sales process.
Where could this take you? To help gain clients and sales, our
personal sales marketing plans might already use some combination
of: advertising, seminars, lead generation, cold calls, personal
and professional networking, etc.
RARELY do I see sales people using "referrals" as a main part
of their sales marketing plan. Consider the following:
* When was the last time you asked for a referral?
* When was the last time a salesperson asked you for a
referral?
* When was the last time you asked your client for specific
names and contact information of people they know who could
benefit from your product or service?
Do you or does your company have a specific "method of
operation" to follow as it relates to referrals? Are you too
shy to ask? Is your self esteem such that it troubles you to
ask? Almost each and every day I see examples of this
unfortunate mindset with my own sales coaching students or at the
companies for which I consult. RARELY even do my own clients ask
me for referrals.
Melody Mayer, the COO of Lime Trucks (www.limetruck.com) and a
client of mine, asked the question . . . "Chuck, which of your
clients would benefit . . .?" As I pondered her request for
referrals (again, a request I normally don't receive, even from
my own clients), it struck me that her service could positively
impact many of my clients. We ended up scheduling TWO separate
hour-long phone appointments to cover all the information that
fulfilled her request. But just as importantly, Melody did two
things: not only did she ask me the question, but she had also
EARNED the right to do so. I could trust my clients to Melody -
she had earned that trust through her credentials and her manner
of professionalism. I gave her a green light to use my name as
the referral source.
Consider the implications of that single question . . . "Who do
you know that could benefit from my product or service?"
Additional names were added to Melody's database; she had new
prospects to contact, yielding an increase in her business. Take
it a step further: what if she then earned the right to ask that
question from each new contact that I gave her? Could you
imagine the exponential growth of her opportunities database?
HELLO!
Recently one of my Executive Sales Clients sent me an e-mail
asking about my thoughts on referrals. I felt his questions were
the basis for a great discussion and learning environment and I
wanted to share with you our communication.
Executive Sales Client:
"I am working on refining my procedure for asking for referrals.
What I want to do is be able to paint a picture for the existing
client of the prospect I am seeking, so that someone specific
pops into his or her mind. If I ask for just anyone, that usually
means no one."
"I feel I need to tailor the type of referral according to the
client I am speaking with – I don't want to paint a picture of
a 45-year old to someone who is 65, and vice versa. This is what
I have come up with. I want feedback and additional ideas.
* Age – "My ideal client is ____." The age will be similar
to the client's age.
* Family – "My ideal client is an empty nester," or, "My
ideal client is someone just like you who is beginning to plan
for their children's college."
* Savers – "My ideal client has saved money along the way."
* "My ideal client may have a 401(k) from a previous
employer" either due to a job transition or retirement, based on
who I am talking to.
* "My ideal client is approaching retirement, or is in
retirement, and is addressing their estate plan," or,
* "My ideal client is in a professional position similar to
yours." (i.e. real estate agent, teacher, executive, etc.) Once
again, based on who I am talking to.
"Do you see how I am trying to tailor the picture to each
individual client? What other traits can I paint? How else can
I do this?"
Sales Coach Chuck's Response:
These questions are a great foundation for a good discussion. I
have no clear cut answer of what will work for you specifically,
yet I do want to share a couple of viewpoints and see if
something will trigger for you that works.
Earning the right to ask for referrals should be an ongoing
strategy for any salesperson, regardless of industry. My
personal belief is that it does not boil down to a set specific
set of questions. I do believe that a "set" method of
operation needs to be in force at all times, whether you ask for
the referral, as stated in your specific statements listed, or
you make it a point to include the "ask for the referral" in
all your marketing pieces, client communication, etc. All of
these marketing methods fall under creating T.O.M.A. – Top of
Mind Awareness: Does your client think of you when they are
ready to enter your industry to make a purchase?
My coaching suggestion would be: START today! Ask for referrals
at every point of contact with each and every client AND
potential client. As I have said, the sales industry consists of
the 95%'ers and the 5%'ers. 95% of salespeople struggle and
the other 5% are gaining traction every day by working smarter,
making more money, AND doing it in less time. The 5%'ers are
asking for referrals - ALL the time.
Answer this question... When was the last time you were
approached by a salesperson that asked YOU for a referral? How
about this? When was the last time YOU asked for a referral?
We, as salespeople, can certainly stand to make improvements in
this part of our own personal sales process.
Looking over the statements and questions from my Executive Sales
Student, I see where he is going with this: lots of planning,
lots of thought. He's planning out the best way to leave his
clients with a pre-emptive strike: to remind them to refer other
prospects to him. He states: "If I ask for just anyone, anyone
usually means no one." Know this: "asking" one time is just
part of the process. 5%'ers will always be asking, either in a
direct or an indirect manner.
"It seems that I need to tailor the picture to the individual
client." As I think about this statement, I wonder: is this a
preconceived notion of his, based on his personality style and
strengths? Think of the salespeople you buy from – would you
want them to give you something tailored like this, to help you
think of "specific" referrals? This line of thinking might
pigeonhole him into something that works for his personality
style, and in turn won't work for others – namely, his clients.
Here is another way to look at it. If he came across a
"Socializer" client or one who has strong social skills, they
would open up their entire database to him and not take a moment
to concern themselves with the specifics that he might be looking
for. This specific situation would certainly add numbers to his
personal sales database. Then, he would implement the "80/20
rules of communication" as taught in the SalesMastery course.
The 80/20 rule allows salespeople to handle large numbers of
referrals & contacts in a time efficient manner.
Here are my Top Seven "Who Moved My Referrals?" Suggestions:
Be "ReferABLE"
* Do you earn the right to ask for referrals? Are you REALLY
distinctive in your sales and communication processes with your
clients? Do you build an impenetrable wall around your clients
that makes them competitor-proof? Do you MAKE people want to do
business with you? Would YOU do business with YOU?
Use the Direct Approach:
* Always verbalize the question and ask it outright at the
end of a call or appointment. Remember the Colombo close . . .
as you're walking out of the room and you reach for the door
knob and you ask: "Oh . . . by the way, who do you know that
might benefit . . ." Or, use this same question when you are
about to conclude a sales call.
* Salespeople who build true intimacy with their clients can
ask this question all day long. Salespeople who are lacking in
the skills of building intimacy might find ways NOT to ask this
question, because they are not truly connected with their
clients.
Use the Indirect Approach:
Utilize different things and have some fun! How about these
ideas:
* On every piece of mail that you send to a client, include a
Post-It note asking for a referral.
* Hold a client appreciation get-together and perform a short
speech telling your appreciation of your clients and asking for
referrals.
* Send very important clients a gift, like a pen and pencil
set and dropping a special personalized note in the gift
wrapping.
* Just the other day, in Forth Worth, Texas, I asked 72
people for referrals at one time and I didn't even open my
mouth. My seminar evaluation form contains an indirect question
asking for referrals. This specific event fostered over ten new
referrals, equaling ten new additions to my database.
* Another sales student of mine, who is somewhat introverted,
has a questionnaire that he sends to his clients by postal mail
or e-mail. Buried in the questionnaire is a place for his
clients to respond to this question: "Who do you know that
might . . ."
Network the ENTIRE World:
* In his book MEGATRENDS, John Naisbitt states "you can
network the entire world just by knowing five people." I
believe it, do you? I actually have some former clients that
call me when they need a specific contact in a specific city.
Within that network as you proceed to build it, ask and continue
to ask each person for referrals.
Market Yourself Shamelessly
* If you don't get tenacious about marketing yourself, who
will? Don't be embarrassed, get out there and let the world
know what you do! Many times we look for that "perfect"
environment in order to ask for a referral. There will never be
a perfect situation - so be shameless and ask.
Look at EACH Contact as a Life Long Relationship
* No matter what! Each person, regardless of how you
connected, should be entered into your database with full contact
information including: e-mail address, date of birth and hobbies
or passions. When you create lifelong positive relationships –
you further earn the right to asking for referrals.
Deliver Twice What You Promise
* When you consistently deliver more than expected, new
clients are drawn to you and past clients are easily influenced
to provide you referrals. But remember, you still have to ask
for them, your clients are not looking into a crystal ball
telling them that you would like a referral.
Okay, you have read the article – now what? Are you going to let
the information "sit" like a book in the bookcase collecting
dust? Or, will you take my personal challenge which I bequeath
to you? YOU must take part or all of this information and put it
to use. Start implementing it today and you will be working
smarter, making more, all the while having more time to enjoy it.
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With over two decades of sales experience, Chuck Bauer is one
of North America's most experienced sales coaches, consultants
and workshop leaders. Chuck consults to a large number of sales
organizations and salespeople nationwide and is a member of
the National Speakers Association. His information is widely
published in many print and internet based publications. He is
a committed body builder, private pilot and trophy bass hunter.
Find out more about Chuck at www.chuckbauer.com
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