It has been said that 80% of business today comes from referrals. People want to do business with people they know, like, trust and respect. I believe that with all my heart.Because I believe that one of
best venues for developing strong referral relationships is at a leads exchange group, and because of my roots in that arena I am asked all
time about different groups and how to select
"right" group. This is what I always say:
-- Talk to
members and ask: Is there a large turnover rate?--why? Is it producing results or is it just a koffee klatch? What do they like/dislike about
group? What have they learned since joining? How, besides receiving leads, have they benefited? Do they feel their best interests are being looked after?
-- Look at
fees. How do
fees compare with traditional methods of advertising? Ask yourself if it is cost effective,--not, "is it expensive?" Everyone seems to know
cost of things, but not their value.
-- Consider
group's structure. Some people like structure, some don't. The structured groups, which usually meet weekly, and allow only one person per occupation to join, tend to produce
most results, and keep members focused on finding qualified leads for one another. Consider if
structure suits your personality. Will you be able to adhere to
rules and regulations? -- Check to see if there is an opportunity for you to take on a leadership role. This is really important as it gives you
chance to show off how you do things. You will be seen as a leader and a good source of leads, which, in turn, will bring leads to you. Do an amazing job as a volunteer, and people will assume you'll do an amazing job in your professional life, too.
-- Be honest about your level of commitment. Will you be able to attend
meetings regularly? Regular attendance is important for two reasons. First, it gives you
opportunity to reinforce who you are and what you do over and over again so that when someone in
group is in
market for your product or service, you will be
first person they think of. Secondly, regular attendance shows you care about
OTHER members and their business growth. If you're not there to hear
presentations of
other members, what kind of a signal do you think you're sending? Remember, Networking Superstars (tm) go to these meetings to GIVE. Go with that attitude and you'll be on
receiving end in no time.
If you're not able to commit to regular attendance, then this format isn't for you. Consider joining a group that is less structured and works more on a drop-in basis. Go as often as you can to create visibility. It will take you longer to get referrals from this type of group, but it can still be beneficial.