If you have a problem with your car or home equipment you will try to find a mechanic who will fix it. In those cases some people look for a help at yellow pages, but some of them prefer to turn for help to someone they know and someone they can trust. Sometimes they also ask friends and family if they know some professional who can fix the problem.
Keeping that in mind, the best place to put your business on fast track is to use personal conversation techniques to make more referrals.
This is so called The 300 rule.
What that means is that an average person knows about 300 people on a friendly level. This is a group of people that can be influenced much easier because you are in closer relation with them, you know them and they will be more willing to listen what you can offer to them.
How you can use the 300 rule to it's full potential?
It's not difficult, it might be a time consuming but it's achievable to use the 300 rule to get your business to the next level.
First of all you need to understand the business you are in and what are the benefits of getting involved into it. You must be able to present it to your friends in simple and most effective way that will make them think about it. When you are ready you come up with the message about your business to the 300 people you are in contact with, asking them to make a referral to your business for you. Then they pass the message about your business forward to their own friends and recommend your business.
It might be even a simple "Hey I've got a friend who run a business that you might be interested in".
This way you put your circle of influence to work. Telling a few words you can easily spread the word about your business over your friends, then over the friends of your friends and so on. Imagine how powerful it is.
Sometimes big companies spend thousands of dollars on a one minute long TV or radio advert to reach those few thousands people with their product.
Simply telling a few sentences about your business and what benefits it may bring you can engage your friends to spread the word about your business forward which will bring you in result several thousands people talking left and right about your business in a short period of time.
This way you can generate a huge amount of referrals to your business without spending a little penny.
So don't be afraid, talk about your business at any occasion you can, even by simply putting a few words on your business into a friendly conversation. Spread the message about what you are doing and you might notice amazing results after reasonable period of time.
The 300 rule is one of the most effective advertising method based on recommendation that cost you nothing more than just speaking to people. Even reaching several people with your message can bring you huge amount of customers in near future as the word of mouth advertising takes a place.
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Daniel G.
Member since:
June 18, 2008 How To Build Your Business With Circle Of Influence
August 28, 2008 09:53 PM EDT
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