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| Article: Networking 101 |
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| Increase your Sphere of Influence: How to
Network |
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By Doug Staneart, CEO of BuildingYourTeam.com
Word-of-mouth advertising is
one of the cheapest
and most effective types of advertising
your
company can invest in, but how
do we generate
this elusive type of advertising?
Most experts
in the area will say, "Get
out and 'network'."
So we go to a Chamber of Commerce
business
card exchange, a small business
networking
event, or any other peer to peer
meet and
greet with dozens or even hundreds
of other
people trying to promote their
company or
service, and we attempt to promote
our company
or service as well. Very few
people come
to these business card exchanges
to buy things.
The odds seem to be stacked against
from
the beginning, so is it any wonder
why most
of us come back from these networking
functions
thinking that we just wasted
an hour or two?
It doesn't have to be that way.
By making
just a few simple changes to
our approach,
we can become a center of influence
in any
room and in effect, generate
significant
word of mouth advertising. One
of the first
things that we have to realize,
though, is
what 'networking' actually is
and what it
is not. Networking IS NOT selling.
(If you are in a MLM system, pay close attention
here!) If we know 99% of the people at a networking
function are there to promote their own product
or service (not buy from us,) and we try
to sell our product or service to them, we
are likely to frustrate (and bore) ourselves
and the people we are talking with. One of
the biggest mistakes that people make is
that once we get even a hint of interest
from the person we are talking to, the sales
person FANGS (MLM fangs) come out. We practically
beat our new acquaintance over the head with
what we do, and how great we are, and why
they should buy from us. All we are doing
in a situation like this is pushing our prospect
away.
Networking IS increasing our
sphere of influence
in order to promote our product
or service
to this sphere of influence at
a future time.
People do business with and refer
people
to people they, know, like, and
trust (peer
to peer networking.) So our goal
during a
networking function is not to
sell, but to
get more people to know us, like
us, and
trust us. That way, they are
more likely
to buy from us in the future
or refer people
to us. One way to get people
to know us,
like us, and trust us more is
to help them
get what they want.
People like other people who
are interested
in them. The most important topic
to anyone
you are speaking to is himself
or herself.
And since they are at the meeting
to promote
their product or service, then
if we help
them do that better, they are
going to like
and trust us more. The following
questions
are things that you can ask someone
at a
networking function that will
get them to
open up to you and tell you about
themselves:
- What is you name? Obviously a first question.
- What do you do? Still nothing out of the
ordinary.
- Do you travel much? What territory do you
work in? Any question about location.
- What do you like most about what you do?
Keeps the conversation positive and gives
you more insight about the person and his/her
company.
- What makes you or your company unique or
different from your competition? Let them
brag.
- What are some of your accomplishments or
things you are proud of? Let them brag more.
- How would I know if someone I was talking
to would be a good prospect for you? This
one question can make you more money than
any other you can ask.
These questions will help you really get
to know the person and what he or she can
do. With this type of information at your
fingertips (and it is a good idea to write
the information down-possible on the back
of a business card,) as you network, eventually
you will come across someone who would be
a good prospect for that person. The moment
you introduce those two people, you become
a center of influence in that room. Do this
just a couple of times, and the word will
spread very quickly about how YOU are the
person that everyone needs to know.
What makes this process so successful
is
the third party endorsement.
The person who
you are helping to promote his
or her product
or service is no longer struggling
to find
a warm prospect, now they are
receiving a
third party endorsement from
you. That gives
that person tremendous credibility
to the
prospect. You are helping both
parties. These
people tend to remember this
type of help,
and they return the favor ten-fold.
Eventually, you'll walk into
a room, and
people you have never even met
before will
begin bringing prospects to you.
The key
to making this process work is
consistency
and the ability to catalogue
information
about the people you meet. If
you create
a system that works for you,
you will dramatically
increase the word-of-mouth advertising
about
your company.
Doug Staneart, doug@buildingyourteam.com, is CEO of BuildingYourTeam.com, www.buildingyourteam.com, specializing in leadership, public speaking, and team building
training for individuals and groups. He can be reached toll-free at 1-800-872-7830.
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