intro to rcm

25
Referral-Centric Marketing TM For a Steady Flow of Perfect Prospects

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90 minute presentation on referral-centric marketing

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Page 1: Intro to RCM

Referral-Centric MarketingTM

For a Steady Flow of Perfect Prospects

Page 2: Intro to RCM

Who’s in the room today?

Please Introduce yourself

Name, Title, Company

“For me, referrals are…”

Page 3: Intro to RCM

Why are referrals so valuable?

Referred prospects are…Easier to engage

Likely to be more loyalEasier & quicker to close

Less sensitive to price issuesGiven direct or indirect testimonials

Cost effective leads for small businesses

Gifts you get while you do other work

Page 4: Intro to RCM

We believe…

…referrals are

a vital source of

new customers

for our

businesses.

Page 5: Intro to RCM

We believe referrals behave like…

Page 6: Intro to RCM

6 Laws of Electro-Magnetic Referrals

1. Energy

2. Direction

3. Compatibility

4. Polarity

5. Proximity

6. Impedance

Page 7: Intro to RCM

Referral-Centric MarketingTM…

…shifts marketing efforts from chasing prospects to developing and nurturing

referral relationships

Page 8: Intro to RCM

Referral-Centric MarketingTM…

…turns

Subtracting

into

Multiplying!

10

0

10

100

10,000

Page 9: Intro to RCM

Referral-Centric MarketingTM…

Referrals are gifts

Thoughtful selection

Artful wrapping

Personal exchange

Gracious acceptance

Page 10: Intro to RCM

Referral-Centric MarketingTM

Relationship Circles

Advocates

Amiables

Acquaintances

Page 11: Intro to RCM

Referral-Centric MarketingTM

Relationship Intimacy

Advocates

Amiables

Acquaintances

Know

Like & Trust

Committed

Page 12: Intro to RCM

Referral-Centric MarketingTM

Receiver Messaging

Advocates

Amiables

Acquaintances

Know

Like & Trust

Committed

Inform

Connect

Engage

Page 13: Intro to RCM

Referral-Centric MarketingTM

Giver Actions

Advocates

Amiables

Acquaintances

Know

Like & Trust

Committed

Inform

Connect

Engage

Reactive

Responsive

Proactive

Page 14: Intro to RCM

Referral-Centric MarketingTM

Relationship Circles

Advocates

Amiables

Acquaintances

Know

Like & Trust

Committed

Inform

Connect

Engage

Reactive

Responsive

Proactive

Page 15: Intro to RCM

Referral-Centric Mindset

Be Yourself Build Networks

Add ValueTouch Lives Stay Open

Page 16: Intro to RCM

Referral-Centric Action Plans

2. Engagement (Build Networks)

3. Enrichment (Add Value, Touch Lives)

1. Authenticity (Be Yourself )

4. Reception (Stay Open)

Page 17: Intro to RCM

1. Authenticity Plan

1. Know your “Why”

2. Define your market

3. Identify customer needs

4. Bullseye prospect profile

5. Compelling value proposition

Align your “Why” with Bullseye

Prospect

Page 18: Intro to RCM

2. Engagement Plan

Build your Relationship Circles 1. Inform Acquaintances

2. Connect Amiables

3. Engage Advocates

Develop a plan– Target each ring– Set goals– Track efforts and results

Engage and energize your Advocates

Page 19: Intro to RCM

2. Engagement Plan

• Collaborate– Bullseye prospect profile– Create a prospect list – Share prompting lists

• Ask for referrals– Who do you know…?– Don’t keep us a secret…

Extend your referral circle

Page 20: Intro to RCM

3. Enrichment Plan

• Create “Wow” moments

• Say thank you

• Connect emotionally

• Own & fix mistakes

Perform random acts of enrichment

Page 21: Intro to RCM

4. Reception Plan

• Commit to your Advocates

• Accept what you get

• Be prepared to respond

• Close the feedback loop

Let no opportunity go unfulfilled

Advocates

Amiables

Acquaintances

Page 22: Intro to RCM

What should I do next?

Advocates

Amiables

Acquaintances

Action Plan Clinics (4 sessions)

1. Authenticity Plan– Authenticity Assessment

2. Authenticity Plan– Bullseye Prospect Profile

3. Engagement Plan– Marketing Mix Matrix– Referral Scenarios

4. Enrichment & Reception Plans– Advocate Agreements

Page 23: Intro to RCM

Action Plan Clinics

Advocates

Amiables

AcquaintancesFour 2-hour sessions

Monday’s on Mercer Island

Dates#122 10:00am – 9/24, 10/8, 10/22, 11/5#123 1:00pm – 10/8, 10/22, 11/5, 11/19#124 10:00am – 10/29, 11/12, 11/26, 12/10

Cost$96 all four sessions through 2012

Page 24: Intro to RCM

Follow-Up Resources

BooksStart with Why: How Great Leaders Inspire

Everyone to Take Action (Simon Sinek)

Endless Referrals (Bob Burg)

The Referral Engine (John Jantsch)

The Go-Giver (Bob Burg & John David Mann)

Go-Givers Sell More (Bob Burg & John David Mann)

Give Your Elevator Speech a Lift (Lorraine

Howell)

Creating a Collaborative Enterprise (Bob

Nitschke)

Page 25: Intro to RCM

Follow-Up Resources

BizEnrich Experts

Ron Kranz (biz coaching)

Lorraine Howell (messaging)

Zita Gustin (networking)

Michael Hartzell (inbound marketing)

Pete DiSantis (DIY social media)

Bob Nitschke (collaboration)