Referral Coach International Giving Financial Professionals the Tools to Create an Abundance of Referrals
Referral Coach International Giving Financial Professionals the Tools to Create an Abundance of Referrals
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Turn Customers into Your Own Personal Sales Force with Superior Client Service
By Bill Cates
June 20, 2007 - 9:03:54 AM

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Another expert in the area of referrals, Joe Stumpf, likes to make the following distinction. Customers are people who do business with us on an ongoing basis. Clients are people who do business with us and who give us one referral. Advocates are people who do business with us and who continue to give us referrals over time. Of course, our goal should be to turn as many customers into advocates as possible. There are many critical things we must do to make this happen, two of which are: provide incredible service all the time, and let them know we value their help.

Your prospects or clients have high expectations of what you might do for them. But their perception of those who have served them in the past is not always positive and complimentary. To provide great service, you must first learn about their previous experiences with others in your industry (and related industries). You must also learn what concerns they bring to the equation and what they expect you to do for them. Only when you know these things, can you meet their expectations. Once you meet their expectations you can go on to exceed their expectations and turn them into advocates.

Make it a habit to ask every new client (or prospect) about why they chose you. Ask them about their past experiences. Get them to complain a little about others who have let them down (they want to tell you so you might as well ask them). Get them to share their service pet peeves. And help them articulate their vision for your future together. This line of questioning will do two things. First, it will open their window into what they expect from you. And just as importantly, they'll appreciate you asking. Having this conversation will help them trust you more.

So the next time you win a new client, before you get so busy serving them with the first transaction, take the time to work of a vision for an ongoing relationship.

If you're in the financial services industry, one great way to exceed your clients' expectations is when they ask you for a referral to an attorney or accountant. Don't just give them a name and number. Go with them to the first appointment. This will turn them and the other professional into an advocate for you.

Make sure you don't miss opportunities to continually add value to your clients' lives. Every time you pick up the phone to call a client, stop and think about how you can make the conversation extremely valuable to them.

Any newsletters or similar devices must not talk about you, they must give life-enhancing information to your clients. Always think in terms of service to your clients and they will be forever loyal and will refer tons of people your way over the lifetime of your relationship with them.

RCI – Tools to Help Your Get More Clients – Make More Money!

  1. Subscribe to our F-r-e-e email newsletter "The Referral Minute." For more info: http://www.referralcoach.com/newsletters/
  2. Take our F-r-e-e referral marketing course via email to get up-to-speed with our system. For more info: http://www.referralcoach.com/members/course/
  3. Assess your referral ability and create your road map for referral success with our "Referral Confidence Checklist." http://www.referralcoach.com/checklist/
  4. Read some of our F-r-e-e articles that will help you grow your business. For more info: http://www.referralcoach.com/members/articles/
  5. Get the best referral educational tools available at our Referral Marketing Store. For more info: http://www.referralcoach.com/referral-store/
  6. Check out our next Referral Boot Camp where you learn our complete system. For more info: http://www.referralcoach.com/individuals/boot-camp/
  7. Want to make referrals a true and lasting habit? Check out our new coaching program. For more info: http://www.referralcoach.com/individuals/coaching/

All the folks at Referral Coach International are eager to be a great resource for you. Call us at 1-800-488-5464.

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