One
Sure-Fire Way to Boost Profits with
Referrals
How to get
referrals for your Internet business
Let Past Customers Drive Traffic to Your
Website
If I had to choose one
effective Internet marketing tool, a business
referral program would be right at the top of the
list. Whether your business is online or off, a
good referral program will increase your
profits. Another word for
referral is "word of mouth". If you can just get
enough people talking about you in a positive
manner and sending customers to you, you will have
more business than you can handle! A business
referral is priceless.
Don't Wait for Your
Customers To Send You Referrals
Many online business owners
feel they can only get referrals by a customer
taking the time and initiative to tell a friend or
acquaintance about them. The truth is, most
customers will forget to mention you or only tell
others about you if asked. You will get some
referrals by treating customers well, but the
number may be limited to a few.
Ask For
Referrals
Use the methods below to
initiate referrals from your present customers. The
most important thing to remember is that when a
potential buyer is referred to you by a happy,
satisfied customer, half the sale is already made.
That's the benefit of getting
referrals!
Who Do You Ask for a
Referral?
A happy, satisfied
customer.
What Do You
Ask?
When writing to a customer to
ask for a referral, first reinforce the benefits,
value, and contentment that customer has just
experienced with your company. Write and thank them
for purchasing your product (some companies send a
thank you note or e-mail just saying thank you
first - this way the customer doesn't think you're
just trying to get something from them).
A day or two later, send the
customer a second thank you and mention some of the
benefits he/she experienced while dealing with your
company such as prompt service, great quality, help
with a problem, etc. Once you've reminded them of
the benefits, politely mention that he/she may know
someone who would benefit from your company's
product or service. Ask the customer if he/she can
think of anyone who would save time, money, and
headaches by purchasing from your
company.
Why Should the Customer
Give You a Referral?
The customer should give you
a referral because it could benefit their friend.
If he/she has a friend that is going to be
purchasing the product or service that you offer,
he/she has an obligation to tell that friend about
your site, especially if it is going to save them
time or money, doesn't she?
When Do You Ask for a
Referral?
The best time to ask for a
referral is right after the customer purchases from
you. Your customer is still excited about h/his
recent purchase and will happily talk about it with
friends!
Where Should You Ask
for Referrals?
As I mentioned earlier, a
second thank you letter would probably be best. Or,
you could make a quick phone call in some
instances. The first thank you should show your
appreciation for the purchase and how much you
value the customer. If your company is online, you
can send both the first thank you and the referral
letter via e-mail. This will save money, time, and
paper. If the customer has already purchased from
you, he/she expects to hear from you
again.
How Should You Ask for
the Referral?
Ask for your referral in a
way that's irresistible to the customer. Take the
time to calculate how much one customer is worth to
you over a period of one year (in other words, how
much will that customer spend with you based on the
nature of the product?). Once you've established
that the customer has benefited from your company
and knows someone else who would benefit, you're
ready to ask for the referral.
Make your offer irresistible
and, if possible, ridiculous!!! If you calculated
that the average customer spends $1,000 per year
with your company, then would it be worth it to
offer a $100, or maybe even a $200 incentive for
them sending a new customer to you?
After all, you probably would
have never had that customer if not for the
referral. That new customer may spend thousands of
dollars with your company over the next several
years. If that happens, it would really be worth
the investment, wouldn't it? I know what you're
thinking, that's too much money! But, before you
decide against it, try testing your offer and see
if it brings in traffic.
The funny thing is, some
people will never ask for the referral fee, they'll
send you the business just because they like you!!!
Try it on the next customer that purchases your
product or service. You can't afford not to get
referrals!
How Can You Make the
Most of Your Referral Program?
If you find, after the test
results are in, that your offer is making you
profit, you may want to expand the offer to all
your previous customers.
You can do this using
autoresponders from sites such as Aweber
to send personalized e-mail. Once you
build
a mailing list , each
customer gets an e-mail addressed to him, not a
spam list. Aweber
is very effective when you have built up a list of
loyal customers. This program will place your
customer's name in the appropriate place within
your letter as follows:
The e-mail will begin with
... Dear John, instead of ... Dear Customer, which
is extremely important when asking for referrals.
Go here for more information about Aweber
and its many features or you can use the form below
to try out their free demo ...
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Capture
Hidden Profits with Unlimited
Autoresponders
AWeber's automated unlimited
autoresponder follow up increases
sales, lowers costs, builds
lasting customer relationships,
and increases your profits!
Find
out how with Unlimited
Autoresponders.
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Take advantage of the many
opportunities referrals can give you. Your business
runs on sales - Sales can multiply many times from
referrals.
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