Following is a guest post provided by Anne Barber and Lynne Waymon. I’ve seen Lynne speak and not only is she engaging and fun, but her advice is immediately actionable and valuable!
Taking a scattershot approach when networking to find clients is the biggest mistake we see people make. Joining all the area Chambers of Commerce and an alphabet soup of civic and service clubs and then attending once, just doesn’t work! Only strategic networking can bring in the business. Use these tactics to help you become more focused and strategic.
Profile Your Prospects
What kind of people, exactly, do you want to work with? Write a client description. One private bank determined that women over 60 were their targets – but women with a certain level of assets. What would these women be interested in? Perhaps antiques. Their marketing included a very posh “cream tea” at an elegant hotel with a speaker from Southby’s and a free antiques appraisal. Current clients were invited to bring their friends – and did.
Know What Networking Is
Think of networking as teaching people (who might become clients or refer clients) who you are and what to come to you for. The first question that comes up in any conversation with a new contact is, “What do you do.” Most people give their industry (I’m in financial services.), their company (I’m with Principal.), their occupation (I’m an insurance agent.), or their title (I’m a Wealth Management Advisor with TIAA-CREF.) If you’ve been saying one of those things, you’re getting the conversation off on the wrong foot. Instead, say one sentence that tells one specific thing you want people to remember. If you wear many hats, take them all off but one. Then say a second sentence that gives a short example of you solving the problem, serving the client, or saving the day. A CPA says, “I’m a CPA who negotiates with the IRS. I just convinced the IRS that my client’s horse farm is a business, not a hobby.” This 2-sentence model guarantees you’ll give people something to talk with you about, rather than just responding, “Oh, nice.” when you give your title.
Teach People To Trust You
You’ve heard it before: “People want to do business with people they trust.” Before people will come to you, they want to be assured of your character and competence. Everything you say and do reveals your character and competence. Most people wn’t be there when you have your shining moments, so it’s only through conversation that people find out what you’re good at, what to send your way, and what to count on you for.
Pursue Your Passion
Target potential clients based on common interests. One former pro baseball player targets professional athletes for is financial advisory business. Instant credibility and rapport. One young lawyer, who had competed in ballroom dancing, found clients when he attended tea dances on Sunday afternoons. The senior members of his firm sat up and took notice as his dancing partners began to show up on his client list.
Take your networking to the next level. Be strategic.
Anne Baber and Lynne Waymon are co-authors of Make Your Contacts Count (AMACOM 2007) and co-founders of Contacts Count, the nationwide training company specializing in business and workplace networking. For more information, visit them at www.ContactsCount.com Hone your skills in a webinar with Lynne by going to http://www.contactscount.com/webinars.html
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Tags: Business
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Im sure there is no problem using networking to promote your business. Im not happy with social networking though, I have seen the devastating effects it can cause.
I have read your entire article. Very useful information summer. Thanks
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what is the best way to make people trust you?
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I always hear about networking but I have never really understood what it’s all about. This has given me a bit of new info and a new way of looking at it, so thanks a lot for posting. I haven’t seen anyone else with this perspective.
Networking is the most effective tool to promote business. Yes we should learn the right way to promote. We should not stop from learning the do’s and dont’s of business promotions in networking sites.
using social networking for business is increasingly becoming a new trend.people feel relaxed in boosting their business through social networking.anyways got key points here thanks to you for this wonderful post.
Some of the people out there think that social networking is losing its charm. Global recession is what people point out as a reason that is degrading the popularity of the social networks. The real fact is that social networking is headed towards a different path.
Yes i think social networking site really help to get traffic and for link building as well and at the other side social media is wonderful to promote business.thanks!
its great to read all such information, in fact we find many types of different information here only. so i think this post is really a informative and interesting one. i must say thanks to you for sharing . keep it up
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Nice blog post and interesting article..made good reading.!!
social networking is a way to communicate in the society and share the knowledge among them selves. Its a fact that communication is the one of the best way to gain knowledge.
I have found some of my best customers serendipitiously, but I still believe in getting out there and trying to network although to be honest I’m not real serious about it.. just go out to events and introduce myself to people. I will definitely keep in mind your advice about being strategic about networking in the future.
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Awesome thought thanks for the sharing such a good thoughts with us .networking not only increases the business but it also effects on once knowledge so networking can be a source to gain knowledge.
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social networking is hitting mainstream now especially with the dawn of the real time search from Google. I think next year all businesses will need a networking account and it will be just as it was a few years back where nobody had a website and never thought they would need one!
One of the more outstanding ideas someone has come up with – really in my eyes.well nowadays social networking is very useful in developing healthy business relationships.