This Month's Referral and Marketing
Tools Article:
"Word-of-Mouth
Marketing: Offer Incentives
for More Referrals
"
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Use
your
creativity
to
develop
an
incentive
program
that
will
reward
referrals.
People
like
to
give
referrals
and
they
LOVE
to
be
recognized
for
giving
referrals.
And,
incentives
are
one
of
the
most
powerful
methods
of
generating
more
of
them.
Incentives
can
range
from
gift
certificates
to
purchase
discounts
to
cash
payment
based
on
business
generated.
The
wonderful
thing
about
an
incentive
program
is
that
it
feeds
into
people's
innate
desire
to
help
each
other.
It
is
rewarding
to
know
an
effort
has
been
successful.
Be
sure
to
let
your
contact
know
when
a
referral
he
or
she
has
made
comes
through.
Give
people
a
reward
that
they
will
really
appreciate.
At
my
business
(a
marketing
and
graphic
design
company),
we
often
give
people
a
gift
certificate
for
two
at a
local
restaurant.
You
could
also
offer
a
gift
certificate
to
Amazon
or
to a
local
theater
or
wine
club.
I've
found
a
gift
certificate
to
be
much
more
memorable
than
a
cash
incentive.
The
reason
is
simple
-
these
kind
of
rewards
make
people
feel
special.
Finding
the
right
incentive
can
be a
challenge,
but
it's
worth
it.
You
will
score
big
by
really
building
your
word-of-mouth
business.
Here
are
some
different
types
of
referral
incentives
you
can
try
in
your
business:
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- If you have a waiting room, you can prominently post the names and
pictures
of
people
who
refer
to
your
business
or
practice.
Give
it a
heading
that
proclaims,
"We
would
like
to
thank
the
following
people
for
referring
a
new
customer
this
past
month."
People
are
motivated
to
get
their
name
recognized
up
on
the
board
and
so
they
will
give
referrals.
-
You
can
use
a
direct
mail
campaign
or
new
customer
kit
to
encourage
your
customers
to
send
referrals
to
you.
Create
an
easy-to-complete
referral
form
and
a
self-addressed,
stamped
envelope
asking
that
recipients
kindly
complete
the
form
and
return
it.
You
can
also
include
a
discount
coupon
that
your
recipients
can
pass
along
to a
friend.
-
When
you
have
a
sales
event,
send
a
letter
or
postcard
or
e-mail
inviting
customers
to
bring
a
friend
to
the
event
and
get
an
extra
discount.
-
Offer
a
gift
certificate
during
the
holidays
to
make
gift
giving
easy
for
your
customers.
Give
them
additional
discounts
with
a
coupon.
-
Use
coupons
to
encourage
new
business
such
as
"buy
one
and
bring
your
friend."
Or
you
can
offer
a
"two-for-one"
seminar
admission.
-
Invite
your
customers
to
an
appreciation
event
and
ask
them
to
bring
a
guest.
Give
them
both
a
special
gift.
-
Ask
your
current
and
former
clients
to
pass
your
name
and
contact
information
on
to
their
circle.
When
finishing
a
sales
cycle
with
a
customer,
ask
for
referral
recommendations.
You'll
be
amazed
at
how
the
action
of
showing
appreciation
can
generate
good
will
and
additional
referrals.
Once
a
person
gives
a
referral,
they
become
much
more
likely
to
continue
to
refer
people
your
way.
As
soon
as
someone
sends
you
a
referral,
immediately
send
them
a
thank-you
gift.
A
card
or
quick
phone
call
is
the
bare
minimum.
On
the
flip
side,
if a
person
refers
someone
to
you
but
gets
no
recognition
or
appreciation,
he
or
she
probably
won't
say
anything
to
you.
But,
the
person
is
likely
to
make
a
comment
to a
co-worker,
friend,
or
spouse:
"Can
you
believe
I
didn't
even
get
a
thank
you!!!"
And...no
more
referrals
from
that
source.
ACTION
ITEM:
Consider
your
current
referral
program.
How
are
you
generating
referrals?
What
could
you
do
to
create
a
Referral
Incentive
Program
for
your
business?
Developing
a
referral
program
now
will
save
you
a
lot
of
time
later.
By
encouraging
a
steady
stream
of
word-of-mouth
advertising,
you
will
find
you
are
getting
more
pre-qualified
leads
- a
groups
that
is
much
more
likely
to
make
a
purchase.
About
the
Author
Wendy
Maynard,
the
Marketing
Maven,
publishes
REMARKABLE
MARKETING,
a
weekly
ezine
for
business
owners,
freelancers,
and
entrepreneurs.
If
you're
ready
to
skyrocket
your
sales
and
easily
attract
customers,
subscribe
today
at
http://www.gomarketingmaven.com/ezine.html
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