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Sales Referrals Increase Your Pipeline & Credibility

Posted by Debbie Boucher on Tue, Aug 12, 2008 @ 10:00 AM
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Requesting referrals from clients/prospects is critically important when sales prospecting. Referrals will increase your pipeline and establish credibility with prospects. You are significantly more likely to get a call back when you leave a voicemail stating that "So-and-so from XYZ Company suggested I call you about our solution."

Below are some techniques for getting referrals:

  • The Top Down Request: You can speed up the sales cycle with a top-down referral (with the decision maker referring to someone on their team). "I know you ae not the person who would actively evaluate our solution but who on your team would be?"  While you don't quite have "buy in", there is "approval" from management to look at your product.

  • The Narrow Down Request: It's easier to choose from 20 people than from the world so this approach narrows the choices. "Are there any other people within your organization who could benefit from our solution?"

The following request is my all time favorite and I have great success with it!

  • Help Me Request: On a whole, people like to help, so when you pose an open ended question it usually works. "I was hoping you could help me, can you think of anyone (else) who could benefit from our solution?"

  • Thank You Request: Thanking the person before the referral makes them feel obligated to help. "If you could point me in the right direction, I would greatly appreciate it."

  • The Guilt Request: Believe me this one works (just ask my mother-in-law . . . just kidding). "I realize our solution does not seem to meet your requirements at this point in time, can you think of anyone that might benefit?"

  • The Good Friend Request: Here's another great way to request a referral. "Can you think of someone within your organization or industry, who should know about our solution?"

  • The "If You Were Me" Request: This places the person in your shoes and makes them stop and think about it. "If you were me, and you wanted to let people know about our solution, who would you call?"

So remember, it's important to ask for a referral at the close of every conversation!

If anyone has other techniques that have worked, please post them!

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COMMENTS

I think it's important to distinguish between an introduction and a referral. Most of these methods will help you get an introduction, which doesn't necessarily imply an endorsement. Referrals generally carry an endorsement, are generally pre-qualified and close pretty quickly. My best referrals come from clients, like yourself, who have experienced the excellent product and service I and my Company provide.

posted @ Tuesday, August 12, 2008 6:54 PM by peter caputa


Debbie, 
 
I've found that if one takes the time to institute a complete referral generation process rather than simply asking for referrals the results of both the number and quality of referrals improves many times over. 
 
Simply asking creates too many problems of its own such as: 
* not giving the client time to get comfortable with the idea of giving referrals (my research indicates clients HATE to give referrals because they are afraid of being embarrassed in front of a friend, family member, colleague, etc. because the salesperson screwed up, so they need to get comfortable with the concept of giving you referrals and that takes a little time) 
* they need time to think of quality referrals--when we just ask and stand there waiting for an answer we're giving them about 10 or 15 seconds to go through their mental file cabinet and come up with quality referrals and that isn't realistic for most people 
* We haven't defined what a quality referral is--most of us assume our client knows which is a bad assumption 
* We haven't given them a reason to give us referrals--clients don't give referrals because they like us, they respect us, or even because we've done a good job. Clients are humans and most do things for the same reason most humans do things--they perceive them to be in their own best interests, so we have to give them a reason to give referrals 
* We haven't given them an objective way to determine if we've earned the referrals. Since clients are fearful of referring to people they trust and respect, we have to give them an objective way to determine we've earned the referrals and they need not fear they'll be sorry they referred us--that means objective criteria  
* We haven't helped them give the referrals. You can double,triple or more the quality referrals you get from a client if you pay attention during the sale and find out who the client knows that you know you want to be referred to and then ask for a referral to those specific people 
* Just getting names and phone numbers doesn't turn the referral into a direct introduction. Instead of just names and phone numbers you want to be directly introducted to the prospect by the client. 
 
By following a disciplined process that lets the client know way ahead of time that you expect to earn a large number of quality referrals and that overcomes the traditional issues just asking creates, you can get as many as 5 to 10 high quality referrals from virtually every client.

posted @ Wednesday, August 13, 2008 8:48 AM by Paul McCord


Great feedback Pete and Paul and thank you.  
 
 
 
If I read between the lines, I think Debbie was trying to communicate the non-strategic kinds of referrals you can capture as you do outbound calling. Referrals that expand your contact base and allow you to effectively start conversations with more people that fit your Ideal Customer Profile. There is a difference between a referral and a recommendation. Based on what I read, I think Debbie was talking about referrals as introductions and not real recommendations. 
 
 
 
Having said all that, if you want to read a great book on referrals please read Paul's "Creating a Million-Dollar-a-Year Sales Income: Sales Success through Client Referrals." The man is the referral guru!

posted @ Wednesday, August 13, 2008 5:54 PM by trish bertuzzi


Referrals is the only way to go. Thanks for the refresher tips....

posted @ Tuesday, August 19, 2008 6:08 PM by John Feeney


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