Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Connections that Count – Making Networking Events Pay Their Way

Guest post by: Andy Lopata

Article Overview: Networking is booming at the moment with more organisations being formed every week. Many of us, however, attend networking events because someone says it is a good idea or we hope that we will meet someone of interest. Beyond that, few people have a clear vision of what success will look like for them.

Free Download - Why Some Networking Events May Not Be Right For You By Andy Lopata
Name: Email:

Connections that Count – Making Networking Events Pay Their Way

Networking is booming at the moment with more organisations being formed every week. Many of us, however, attend networking events because someone says it is a good idea or we hope that we will meet someone of interest. Beyond that, few people have a clear vision of what success will look like for them.

More people now recognise that events will not be populated by people looking to buy their product (after all, how many people attend events with a view to buying?) and so, fortunately, the instances of being ‘pitched’ as soon as you shake hands seems to have diminished. However, this leaves a vacuum. If you can’t go to events to sell your services, how can you make them work?

Many speakers like me advise their audiences to ‘pursue the relationship, not the sale’. It is well and good to make more friends, but how can that help your business? One recent commentator on a blog I posted on Ecademy bemoaned that very problem, “People told me they had wanted to refer me for a long while, but since they didn't really understand what I do (all they had was "some kind of techy") they weren't able to.”

The answer lies in being able to leverage the relationships you build. Through networking events you simply build contacts. The development of those contacts into relationships often takes place outside of the meetings, where you can really take the time to get to know each other and your respective business needs.

As relationships develop and people start to know, like and trust you, they will be more inclined to support and refer you. It is vital for you to continually educate this network about your needs, without ever thrusting those needs down their throats! Newsletters which offer valuable information (like this one), quick lines to tell them about something you’ve achieved and regular meetings all help to arm your connections with the information they need.

And always be on the lookout for them, passing them valuable tips and information and, where possible, quality introductions and referrals.

Networking events are a catalyst for new business. They should never be viewed as a pool of prospects enabling you to walk out with business signed.

Related Articles
  Sales Reluctance Is Not a Two-Letter Word Named No!
  Should you join a networking group?
  Networking
  DON'T FORGET TO NETWORK!
  Networking woes

Home > Marketing > Andy Lopata > Connections that Count Making Networking Events Pay Their Way
Article Tags: audiences, blog, clear vision, commentator, instances, lookout, networking events, organisations, relationship, relationships, speakers, techy, vacuum

About the Author: Andy Lopata
RSS for Andy's articles - Visit Andy's website

Labelled ‘Mr Network’ by The Sun, Andy Lopata is one of the UK’s leading business networking strategists. The co-author of two books on networking, his first book, 'Building a Business on Bacon and Eggs' looked at how to run business breakfast meetings, while his second '...and Death Came Third!' received worldwide acclaim and reached number 2 on Amazon.co.uk on its launch. Andy is a featured columnist for the US magazine ‘The National Networker’ and has a regular column in Business Matters magazine and 4 Community magazine, as well as being quoted in national press, including The Sunday Times and The Guardian. Additionally, Andy has a weekly show as an expert for the ‘your Business Channel’ internet TV station. For eight years, Andy was Managing Director of Business Referral Exchange, one of the UK's leading referral-focused networking groups with over 2,000 member companies. Andy now works with companies from one-man bands to global names such as NatWest Bank, Merrill Lynch and Capita to help them realise the full potential from their networking. He is also a former vice-president of the Professional Speakers Association.

Click here to visit Andy's website
Dashed Line

Connecting People
More from Andy Lopata
CONNECTING IS NOT ENOUGH Itas a Question of Trust
CONNECTING IS NOT ENOUGH The Need for a Strategic Approach to Networking
The Road Ahead Networking at the beginning of a new decade
An Enterprising Initiative
CONNECTING IS NOT ENOUGH When Week is Strong


Related Forum Posts
Senior networking names Senior networking names - [quote:27mh7drn]How about Senior Connections [/quote:27mh7drn] I like that one... or Senior Networking.... or Love Life After 50...??
Re: UPDATES: New Campaign! New Layout! New Ideas! Re: UPDATES: New Campaign! New Layout! New Ideas! - GT - thanks for the FYI - I'm not sure if we'll put a link back. Something to consider though! Trent - the new category is "Social Network and Media" which was put in to compliment the Online Businesses category that currently exists. Overall the new categories are: - Looking For, Networking and Events - Review My... - Social Network and Media - Brags and Rants These came as a result of Ringo doing research on other forums and thinking about what could be improved on ours to give a better experience for everyone. I hope you enjoy them! David, I'm looking forward to reading your Brag / Rant!
Re: How to develop sales contacts? Re: How to develop sales contacts? - Everyone has the right idea here. Depending on your business, there are different techniques that you could use. For consultants and sales heavy businesses, there are three tactics that I have found especially useful in my business: 1. Attend Networking Events 2. Cold Calling 3. Referral Program 4. Affiliate Program (most successful) The affiliate program was successful for me, as I hooked up with a franchise consultant, and he gave multiple unit businesses that needed my credit card processing services. I highly suggest you hook up with a sales partner, and give him a cut of the monthly revenue.
Re: Make Friends...Literally BUILD them! Re: Make Friends...Literally BUILD them! - I agree! Networking is definitely the key word here. What does everyone feel about the different Networking platforms out there? Twitter Facebook LinkedIn what are some others?
Re: Testimonials Needed for Business Plan Workbook Re: Testimonials Needed for Business Plan Workbook - Hi Evan, Count me in. I am sending my email immediately


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

How To Be Happy at Work? Acknowledge Yourself

The Value of Small Businesses

Stress: What Causes It and How To Deal With It

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.