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Specialists Win More Referrals

Guest post by: Ivan R. Misner

Article Overview: If you claim to do everything, your clients won't rely on you for anything.

Free Download - Sorting Out Who's Who By Ivan R. Misner
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Specialists Win More Referrals

You may perform a variety of services or offer a range of products, but if you want a referral, your description of what you do should be detailed and focused on a single aspect of your business.

Your referral sources will find it much easier to get you an appointment with a prospect if your sales message addresses the prospect's specific needs. You're an office-furniture wholesaler? No help. You specialize in custom-designed, made-to-order desks, shelves and file cabinets in large lots? Bingo. You've snagged an appointment.

It seems counterintuitive, but in reality the more specific your description, the more likely you will receive referrals. People tend to say they do everything because they want to throw as broad a net as possible, catching everyone.

The problem is, a really broad net has big holes in it. When you say, "I'm a full-service printer; I do everything," that doesn't mean anything to your prospects, or to those who refer you to them. What they're thinking is, I don't need a full-service job. All I need is a particular kind of print job.

If I've come down with a serious illness, it doesn't help me much to know that there are three hospitals in town. What I really want to know is which hospital employs the specialist who can cure me.

When you tell a referral partner you're a full-service provider, you ask her to mentally sort out all the people she knows and cross tabulate what they do against all the things you do. That doesn't work; people aren't computers. A referral partner needs to know the full range of your products or services--eventually. She needs to know, immediately and with some precision, the specific needs you can fill, because that's what the customer focuses on in any given instance.

If you say, "Who do you know who's a sports enthusiast? Here's how he can use my product," then you're letting your referral source do a simpler kind of mental sorting. The more you can educate people about the different things you do--one at a time--the more likely you'll get referrals in the long run. And getting referrals in a specific area doesn't mean you can't continue to offer other products or services.

When operating in a referral network, your immediate goal isn't to close a sale; it's to train a sales force. You're training people to refer you, and saying that you're a full-service provider and that you do everything doesn't train anyone. You wouldn't tell a salesperson for your company, "Just tell them we do it all." As the specialist, you can more thoroughly articulate to your referral sources what you do and how you do it, allowing them to present it readily to other people.

A professed generalist will likely be considered a "relationship assassin." Suppose an insurance agent who's just joined your group comes up to you and says, "I can cover all of your insurance needs. I have life insurance, medical insurance, auto, home, business and every other kind of insurance you'll ever need. I'd like to be your one-stop insurance shop." But you already have coverage from five or six different agents, most of whom you have solid business and personal relationships with. And she's asking you to dump all your relationships and replace them with one relative unknown--herself.

A better approach for her would be to say to you, "I'm a life insurance agent who specializes in executive benefits, specifically for tradespeople. My passion, in my insurance practice, is to deliver executive benefits packages to owners and managers of contracting firms so that they're able to retire effectively with tax-protected investments and be able to sell that business."

This way, she addresses a specific need you may have, but she's not trying to assassinate all of your long-standing relationships. She presents herself as an expert in an area where you need expert advice, rather than a generalist with broad but superficial knowledge.

You may still not be convinced that narrowing your focus is a good idea. You may think that if you present yourself as a specialist, you limit your potential referrals and future business; that is, you can't do business outside your niche. The truth is, whether you're a true specialist or a generalist presenting yourself as a specialist in order to facilitate easy referral, you're not limiting yourself by doing so. People are actually more likely to refer a specialist than a generalist.

If you're like most specialists, although you generally do only one or a few kinds of business, you still offer related products or services. Yes, you've narrowed down your business to the things you like to do or do best, or bring you the most profit, but you can do other things. And one good way to attract long-term business is by stepping outside your niche and taking on the occasional odd job that can win you a loyal customer for future business.

One last point: If you sell everything, you're not selling on value; you're selling on price. That makes you a provider of commodities. And that strategy can work for you--but only if you're Wal-Mart.

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Home > Marketing > Ivan R. Misner > Specialists Win More Referrals
Article Tags: appointment, bingo, cabinets, desks, different things, full service provider, holes, hospitals, office furniture wholesaler, prospects, referral partner, referral source, referral sources, referrals, sales message, service job, service printer, shelves, sports enthusiast

About the Author: Ivan R. Misner
RSS for Ivan's articles - Visit Ivan's website

Dr. Ivan Misner is the Founder & Chairman of BNI, the world's largest business networking organization. BNI was founded in 1985. The organization has over 5,800 chapters throughout every populated continent of the world. Last year alone, BNI generated 6.5 million referrals resulting in $2.8 billion dollars worth of business for its members.

Dr. Misner's Ph.D. is from the University of Southern California. He is a New York Times Bestselling author who has written twelve books including his latest #1 bestseller Networking Like A Pro.

He is a monthly columnist for Entrepreneur.com and is the Senior Partner for the Referral Institute - a referral training company with trainers around the world. In addition, he has taught business management and social capital courses at several universities throughout the United States.

Called the "Father of Modern Networking" by CNN and the "Networking Guru"  by Entrepreneur magazine, Dr. Misner is considered one of the world's leading experts on business networking and has been a keynote speaker for major corporations and associations throughout the world. He has been featured in the L.A. Times, Wall Street Journal, and New York Times, as well as numerous TV and radio shows including CNN, CNBC, and the BBC  in London.

Dr. Misner is on the Board of Trustees for the University of La Verne. He is also the Founder of the BNI-Misner Foundation and was recently named "Humanitarian of the Year" by a Southern California newspaper. He is married and lives with his wife Elisabeth and their three children in Claremont, CA. In his spare time!!! he is also an amateur magician and a black belt in karate.



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Related Forum Posts
Re: How do you get your clients? Re: How do you get your clients? - I think staying away from gathering clients strictly online when first starting out is probably a good idea. Your first few clients could maybe be people you know, or know through somebody that may require some of your services. Another good way of gaining new clientel is offering your first few clients completely free service in exchange for placing your business card or promotional material in their business if you're doing b2b sales. Referrals are the lifeblood of many small businesses.
Re: How do you get your clients? Re: How do you get your clients? - [quote="brata":2qa58hl5]I think staying away from gathering clients strictly online when first starting out is probably a good idea. Your first few clients could maybe be people you know, or know through somebody that may require some of your services. Another good way of gaining new clientel is offering your first few clients completely free service in exchange for placing your business card or promotional material in their business if you're doing b2b sales. Referrals are the lifeblood of many small businesses.[/quote:2qa58hl5] Ive been in business for a few years and my best way to get clients is door to door so far. However as my marketing budget grows I have stopped door to door business to business sales and shifted to mailers, billboards, radio, and just a tiny bit online.


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