04: Referrals – Why They Are Vital To Your Business!

Imagine having your business connections and your clients WANT and LOOK FOR ways to refer new clients to you consistently. In this episode, Sharon shares two different situations where each business owner was looking at how they could reward people for referring them new business. It doesn’t have to be expensive or hard to set up. Just imagine how that person feels when they are acknowledged in some way for connecting you to a new client. Isn’t it worth less than 20 minutes of your time today to listen to this episode, in case you can learn what you can do to help your business grow and prosper?In this episode, you will learn:How to consider setting up a referral program if you don’t currently have one. If you do have a referral program, then the importance of taking the time to look at how it is performing for you.In the examples shared in this episode, you may gain insight that you had never considered before. It is never too late to set up a referral program to thank your clients for bringing you new business.  Even if your profession or industry doesn’t have this type of arrangement, why not be the first and see how you can increase your business by simply showing appreciation to your clients for the introductions they make on your behalf? Points To Ponder:# 1If you do have a Referral Program, is it a consistent system that you and your employees use regularly and that your clients are well aware of? And do you keep track of the referrals so that you can see how well it is doing or what tweaks you can make to ensure more referrals come in?# 2 If you don’t currently have a program, will you take the time to consider how much money you’re missing out on by not having a Referral Program in place? #3 If you don’t currently have a Referral Program, how could you reward your referral partners for their connections in a creative way? Or if you do have a program, how could you make some changes that encourage your clients to actively refer you?