Are you looking for a cost-effective way to grow your business network of
The most common example of these groups would be your local chamber of commerce. Typical chambers of commerce will meet several times a month for
various events such as new business openings, speaking engagements and small business workshops. Over the years, niche networking groups have developed in order to increase the
effectiveness of local relationship building. The beauty of your local chamber of commerce is that they connect you with your city’s movers and shakers. These relationships can be hugely
In a nutshell, the bigger your professional network, the more trusted referrals you’ll get. When we say “referral”, don’t just think of a referral
as an interested first-time home buyer or someone who needs a gentle dentist. A referral can also be a local person looking for certain products that you sell.
Now you can network day and night and get zero benefits out of it. Simply collecting thousands of business cards won’t ignite explosive growth.
However, if you network the right way, it might be the only form of marketing you ever do. Many professional networkers will say this time and time again.
Six Strategies Toward Networking Success
1 - Be memorable to other
When you attend these groups you need to be
memorable. One of the easiest ways to do this is to have a very unique and creative business card. You MUST find a way to be memorable.
2 - Find businesses in your network that compliment your
If you own an online jewelry store, you should
partner up with local businesses that are in the wedding industry. By referring business to your power partners (which is WAY easier to do than to refer business to non-related businesses), the
greater the chance your power partners will refer your business in return.
3 - Find out which
networking groups are effective
Not all groups are going to be good at
delivering business. When you start attending business networking groups in your area, ask other business owners what other groups they like. Over time you’ll notice a trend of what groups seem
to deliver the best value.
4 - Frequent these groups once a week
The only way anyone is going to remember who
you are, and more importantly, what you do, is if you show your face regularly. The more you show up, the more referrals you will get.
5 - Identify the superstar networkers
In every networking group, there will always be
“superstar” networkers. These are business owners that really understand the value of synergizing and helping other businesses out. What you want to do is identify these superstars and develop a
good relationship with them. Generally, these people will have been in the group the longest and will have the most influence within the group.
6 - Keep Going
The reward of networking doesn’t
happen overnight. You will need to devote a good few months for it to really take effect. This goes back to giving people in your networking group time to know who you are and what you do. Also,
you’ll need time to deliver your first referrals too. But once you get your networking mojo down – it can pay off immensely. As you grow and your business scales, local business networking may not fit into your weekly
regimen. But when you’re starting off, it’s a great way to get your local community aware of your business. Especially if you have a brick-and-mortar location. Developing your local strength can
be a huge portion of your revenue. However, as you get busier, you’ll notice that business networking takes time. You’ll have to make the call as to whether or not you can fit networking
into your schedule and if it’s worth it to your bottom line. Many established businesses will send employees to networking groups to maintain a presence in the local business
Whatever you do, don't quit!
Get out there and give networking a shot. It’s
a great way to create opportunities for your business that sitting behind a computer just can’t get you.