Monday, February 17, 2014

Now you see him, now you don't...

Lack of visibility will cost you business.   

We often speak about the importance of the Know, Like and Trust factors in referral marketing. But the formula is not complete without Visibility.

There is a common misconception that just by belonging to a business networking group you should get referrals.

Unfortunately, it doesn't work that way.
"Where did he go?"

The members of your group still need to get to know you, like you and trust you. They can’t do that if you don’t show up on a regular basis.

One doesn't generate trust without consistency. In fact, your referrals will begin to decline the minute you start missing meetings, even if you have a substitute.

There will be times of sickness and other emergencies that cause you to miss a meeting. That’s understandable.

However, when attendance is poor, the trust factor begins to deteriorate. The missing member will seem unreliable and will lose credibility. Fellow members may wonder...

· “Where is she?”
· “Is this how he runs his business?” 
· “Will she show up for my client or send someone else?”
· “I manage to get to the meetings on time, why can’t he?”
· “We must not be very important to her.”
· “Is there something wrong? What’s going on?”

As for profitability, empty chairs can’t give or receive referrals and there is always one of your competitors in the wings ready to take your business.

No comments:

Post a Comment