Building A Referral Based Business

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BUILDING A REFERRAL BASED BUSINESS

description

When you master the art of referral’s you master the art of marketing. This Presentation will take you on a journey and teach you how to create a referral based business.We also open you up to the amazing possibility of generating “chuck flow” in your business. If you like the look of this presentation - request it as a webinar (visual & audio recording) from [email protected]

Transcript of Building A Referral Based Business

Page 1: Building A Referral Based Business

BUILDING A REFERRAL BASED BUSINESS

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Customer Service…

CREATING RAVING FANS

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The business must serve them by providing profits ...

4 Different Customers…

THE OWNERS

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4 Different Customers…

THE TEAM

The business must serve them, by providing recognition and a

paycheck…

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4 Different Customers…

THE SUPPLIERS

The business must serve them, by paying bills…

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4 Different Customers…

THE CUSTOMERS

The business must serve them, by filling their needs…

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Customers have…

NEEDS and

WANTS

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Discover what they ...

and, sell them what they ...

You must…

WANT

NEED

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Relationships need Communication ...

Because you’re building a…

RELATIONSHIP

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The Emotional Bank Account…

DEPOSITS WITHDRAWLS

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Your Ideal Customer…

ABCD

wesomeasican’t deal with

ead

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Who are your Top 20% ... ?

Information is power…

80 : 20 RULE

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Do Customers leave feeling?…

SATISFACTION

OR DELIGHT

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But, they talk about getting more than they ...

Customers expect…

SATISFACTION

EXPECTED

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Don’t wait until there’s a problem to start taking care of your

customers …

Good Customer Service is…

PROACTIVE

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Something, more than they

How can you give…

CUSTOMERS

EXPECT

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Time to think outside the square ...

Keep on getting better…

INNOVATE

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Times when it really counts to impress with your service ...

What are your…

MOMENTS OF TRUTH

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List as many of your ...

as you can ...

Your Customer Interaction…

MOMENTS OF TRUTH

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You just DON’T CARE...

68% of people leave because of…

PERCIEVED INDIFFERENCE

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• 1% - Death

• 3% - Move House

• 5% - Buy from a friend

• 9% - Sold by a Competitor

• 14% - Product/Price

• 68% - Perceived Indifference

People leave because…

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Winning Customer Service…

• Consistency • Easy to buy

The WOW Factor

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How can you use this in your business ... ?

What gives your customers a feeling of…

CONSISTENCY

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How can you use these in your business ... ?

How can you make your customers feel that it’s…

EASY TO BUY

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How will you ensure this happens for every “A” Grade customer?…

What can you do to give your business the ...

THE WOW FACTOR

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SUSPECT

The Ladder of Loyalty

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Someone is a SUSPECT if they fit your target market..

TARGET MARKET

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SUSPECT

PROSPECT

The Ladder of Loyalty

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and, you collect their ...

Someone is a PROSPECT if they

TAKE ACTION

DETAILS

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SUSPECT

PROSPECT

SHOPPER

The Ladder of Loyalty

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and, you confirm their ...

Someone is a SHOPPER if they

BUY SOMETHING

DETAILS

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SUSPECT

PROSPECT

SHOPPER

CUSTOMER

The Ladder of Loyalty

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Someone is a CUSTOMER if they…

BUY A SECOND TIME

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SUSPECT

PROSPECT

SHOPPER

CUSTOMER

MEMBER

The Ladder of Loyalty

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and, they feel like they ...

Someone is a MEMBER if they have a…

MEMBERS KIT

BELONG

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Consistent communication is key…

• Weekly or fortnightly blog/newsletter• Regular value adds• Member sites?• Forums• Other?

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SUSPECT

PROSPECT

SHOPPER

CUSTOMER

MEMBER

ADVOCATE

The Ladder of Loyalty

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Someone is an ADVOCATE if they…

TELL OTHERS ABOUT YOU

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SUSPECT

PROSPECT

SHOPPER

CUSTOMER

MEMBER

ADVOCATE

The Ladder of Loyalty

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Someone is a RAVING FAN if they…

DO YOUR SELLING FOR YOU !

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They want customers to ...

rather than ...

The FEDEX lesson…

STAY, SAY + PAY

WALK, SQUAWK + BALK

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People pay for ...

Remember…

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Write down….

5 WAYS YOU CAN

IMPROVE CUSTOMER SERVICE

IN

YOUR BUSINESS

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Asking for referrals

IF YOU DON’T ASK YOU

DON’T GET

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Asking for referrals

NO TODAY DOES NOT MEAN NO

TOMORROW

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Asking for referrals

MAKE IT EASY FOR

YOUR CLIENTS TO

REFER

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Asking for referrals

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Ways to ask for referrals

1. The business card2. At the point of sale3. After an emotional moment4. At their premises (Mark Capelin)

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Focus on WALLET SHARE

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6 times easy to get an existing client to buy again

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Cash is king

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The one minute millionaire

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Ideas to make more money

1. Increase your prices2. Impulse buys 3. Sell premium service4. Up sell5. Down sell6. Create bulk deals7. Stop discounting

8. Sell information products

9. Sell other peoples products

10. Sell complimentary products

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The fastest way to get RICH

CHUNK SELL