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How to Generate Referrals Without Asking with Stacey Brown Randall #206
Leveraging business referrals is a powerful way to grow your business. Unfortunately the process is poorly understood and followed. The majority of the people are uncomfortable asking clients to do something that would help their business. They’ve been told to just get over their shyness and ask for a referral or reference. Since there are few alternatives, most people just skip it all together. In this episode Stacey Brown Randall preaches against outright asking for a referral. She shows an alternative process on how to generate referrals without asking.
Build a Referral Network Stay Top of Mind
If you have a business reflect on your loyal and happy clients. Place them in your referral network. If you’re working for a startup, it will require old school networking. Work with people you know from you past. Ask them to keep you top of mind. Adhere to a process (see below) and overtime, referrals will happen.
Five Step Referral Process
In the interview Stacey walked us through the five step process on how to generate referrals without asking. This will will be covered in her new book:
- Know whose referring you and your referral sources. Build a list (24-36 sources)
- Warm lead, introduction, word of mouth buzz, referrals ( 4 different types of prospects)
- Have a follow up / thank you process once you receive a referral
- Outreach with touch points to your referral network. Go deeper when interacting with them. Use language that will cause them to think of you and generate referrals. Beyond keeping in touch. Know something about them e.g. Fathers day, something personal. Maybe a host a network lunch, bring two people in your network together. This is the Secret Sauce. Build out a year long plan.
- Automate the year long plan with process by building a calendar, on a cycle. Work on it each week.
- Track the plan and tweak as you learn what’s working and what’s not.
Take Action Plan
Focus on step 1 and build your list of referral sources (who should and have sent business to you). In your CRM, make sure to include with your list of clients, who referred them. This way you have a means of thanking and honoring your network.
How To Find Stacey Brown Randall
Stacey’s new book is Generating Business Referrals Without Asking It’s coming out Fall of 2018 Preorders will start in March. The book delves deep in the 5 steps and provides supplemental material.
Website – www.growthbyreferrals.com/salesbabble
Click on the link to get the four reasons you don’t get referrals and next how to generate referrals without asking.
Join Stacey’s free Facebook group – Referrals Without Asking and learn more: https://www.facebook.com/groups/referralswithoutasking/
You can find Stacey in Social media
- Twitter – @staceybrandall
- Facebook – www.facebook.com/StaceyBrownRandall
- LinkedIn – www.linkedin.com/in/StaceyBRandall
Business Development and Lead Generation Strategies
Here are past episodes to continue this week’s conversation. Enjoy!
- Repeatable Success for Sales Development Reps with Brendan Barrett #188
- Startup Story Where Software Goes to Seed with Charlie Wiltgen #179
- Myths on Social Selling with Mark Hunter #142
- Understanding the Value of Testimonials #126
- 6 Simple Steps for Generating New Leads With Chris Helmers
- What Startups Need to Know about Business Development with Tim Allen #119
- How to Find Sales Leads with Twitter with Madalyn Sklar #199
- How To Generate Leads without Sales and Marketing with John Tripolsky #191
- 6 Ways To Generate Leads With Fatima Zaidi #180
- 7 LinkedIn Strategies for Generating Qualified Leads with Janis Pettit #176
- How To Schedule Sales Appointments with Automated Emails with Neil Kristianson #157
- Take Command of the New LinkedIn User Interface with Brynne Tillman #151
- Referrals – The Master Key To Winning Sales with John Spence #127
- Looking for Leads with Social Media, an interview with Brian Basilico #34
- SB029- How To Generate Leads on LinkedIn, an Interview with Patrick McFadden.
- Crossing the Chasm an Interview with author Geoffrey Moore