7 Tips for Building Better Business Relationships

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This guest post on building better business relationships is by Chelle of itmightbelove.com. If you haven’t visited her blog I would recommend doing so you wont regret it. You can also go to the Guest Posters page and read up on her Bio and see her other links.

One of the things I write frequently about on itmightbelove is building solid relationships. What many people probably don’t realize is that many of the techniques I share on IMBL for dating are actually successful networking and business marketing strategies I’ve picked up through my experience working in the real estate industry.

I started out in real estate thinking typical marketing strategies would help me sell houses: putting ads in the paper, sending direct mail, cold calling…after a few months of failure I realized these things don’t sell houses or gain clients effectively (I could spend $200 on mailers with zero return!). Meanwhile, the breakfast club I met with once a month started bringing me regular customers for the price of a cup of coffee.

It didn’t take me long before I stopped advertising completely and decided to solely focus on building business relationships with the people I met instead. It can take a few months before you start seeing results with this unique marketing strategy – but it will drastically improve your marketing efforts if you keep in mind these tips below:

Start off Small:

You only have to meet 3-4 new people every day for a month and follow up with them before you have over 100 new people referring business to you. It isn’t about the quantity – it’s about the quality. You’re looking for people who like to communicate, may have their own business needs to share with you, and are open minded to possibility. Do this consistently for a few months, and soon you’ll be networking with more people than you can keep track of.

Join Local Organizations:

Your chamber of commerce, nonprofit groups or clubs with similar interests as you are all good places to start. You can volunteer for a good cause, be active in your community or even resort to knocking on doors. If there’s not a group near you – start one.

Be Personable Online:

With blog directories, forums and hundreds of social networking sites, it’s easier to reach out to people online than ever before. But before you start adding friends with wild abandon in all of these places, take some time to send personalized messages and leave thoughtful comments first. Sending copy and pasted messages will turn a lot of people off or worse, they’ll call you a spammer and ban you from the site.

Be Consistent:

You have to regularly follow up with someone in order to build a solid relationship. If you meet someone, make it a point to stay in touch with them every few weeks. Ask them how they are and what they’re doing – they’ll naturally ask the same of you. Visit their blog regularly and set up a system to remind you to stay in touch with them.

Provide Exceptional Service:

Customer service is a dying art. It doesn’t matter where I go anymore – the service is just terrible. When I do meet someone who actually takes time to listen or help, it leaves a long lasting impression. Don’t get so tied up in rules or fighting over a few dollars that it causes you to lose business.

Create a Referral Program:

Once you have business relationships and loyal customers established you can reward those who send more business your way. Offering things like gift cards after a sale, future discounts or other rewards will make people feel appreciated anytime they send you business.

Show Some Pride:

If you’re not confident in your business or stand behind it, nobody else is going to either. Everyone you know and meet should be aware of what you do. Add a signature line to your outgoing emails, hand out business cards (hint: if it’s plastic they will be less likely to lose it/throw it away) and routinely talk about what you do in a positive manner.

Learning to build solid business relationships takes time. You won’t have instant success. But if you do these things you will find within a few months that marketing suddenly became a lot easier and business is growing. More importantly, your clients and others you work with will come to respect and trust you.

What’s wrong with this sign?

Neon advertising signI’ll tell you. About two years ago, these signs started popping up all over Fargo as a new and convenient way of marketing. I have to say that the very first bright, neon signs I saw like this did catch my attention and cause me to stop and read them. The problem was that after a little while, others thought they would make some money with this new and successful advertisement and set out to replicate the success of the originator. I am not sure exactly how much it costs to put one of these signs in front of your business. I believe about $150 / week. As you can see, it would only take about two weeks to recover the cost of the materials used to make and alter the sign’s message, then pure profit.

The major problem now is that the novelty of these signs wore off and now they are just like all the other billboards in town begging to interrupt our lives in the hopes of selling us something. The bang for the buck advertisements these signs once had is now gone. They only attract the people who were already looking for whatever is being sold. What are people to do now when they want to get their message out about a new deal or gizmo? Doing something different works for a while, but that requires lots and lots of change to stay ahead. How does this relate to online advertising?

Remember when the fold down ad corners popped up online and everyone went crazy to stick ads in there because people were intrigued? Well, that novelty has worn off and pretty quick I might add. Or how about Google Adsense? It is no wonder Google always has to invent new ways and places to stick ads in order to keep up ad generated revenue. Ads in video, ads on the sidebar, ads in email, ads on their own version of Wikipedia now named Knol, ads on cellphones and the list will go on.

What if, and I mean a big what-if, you took all of the money you planned to spend on advertising and interrupting people’s lives and used that money to better your service or product. You would probably end up with a product that people will start talking about because it has become truly useful or over the top in a way that will separate itself from anything similar to it. It would be like spending the time to run a free clinic to get people interested in a sport or new hobby. The end result could be more sales of your product for helping others get involved, or perhaps more recognition as an authority on the subject increasing your demand.

A funny thing happens when your demand goes up, so does your salary. This will never happen overnight, but it will eventually happen as you increase the value you contribute to others. In other words, you separate yourself from the pack and distinguish yourself or product, allowing for people to talk about it openly. When was the last time someone was ecstatic about the McDonald’s dollar menu and told you about it?

edit* If you don’t have these signs in your town yet, you could make a lot of money by being the first to start.

Guest Posters

This page is dedicated to any guest post contributors on the Unconventional Marketing Blog. If you would like to be featured on this page with your bio, pic and links, submit your post on the contact page for review.

Shaun Connell

Shaun ConnellShaun Connell is the webmaster of the up and coming iCan Enterprises, a collection of website-tutorials dealing with business, finance and personal economics. Shaun graduated high school in 2008 and is actively pursuing his MBA. Shaun is a living example of how the Internet is a place where anyone, regardless of age or college education, can succeed by using the simple mechanics of valuable content and link building, and by thinking outside the “money box.” For more information about the “money box,” check out Shaun’s site, appropriately named “Make Money.”

This page is dedicated to any guest post contributors on the Unconventional Marketing Blog. If you would like to be featured on this page with your bio, pic and links submit your post on the contact page for review.

Shaun’s Sites

www.ShaunConnell.com
www.iCan-MakeMoney.com
www.WorkAtHomeCode.com

Chelle Stein

Chelle currently works as a freelance real estate marketing assistant and writer who lives by the “Good Will Hunting” philosophy of learning, meaning you can learn anything you want to know for “a buck fifty in late fees from the library.”  Chelle is involved in several projects and is the writer and webmaster behind itmightbelove.com. For marketing related tips, you may be interested in her real estate marketing blog.

Chelle’s Sites

www.itmightbelove.com
www.upstartagent.com
www.losefree.com/

The Big Bald Blog, a Big Pappa creation

for-you.jpgThis is the second installment of the Blogger appreciation week, found here.

I have had the opportunity to interact off and on with Big Pappa of The Big Bald Blog and have to say I enjoy all of his comments. I know a little bit about his personal life through his blog posts and have to say I like the way he thinks. Some of the more entertaining posts I read on a day-to-day basis come from his blog. I am not sure how much time he spends looking up old advertisements, but I do like them. It is funny to see what others passed off as marketing just a couple decades ago. It reminds me of when my grandpa interjected an old marketing ad into the conversation, and I had no idea what he was talking about, “Big, Round and Fully Packed.” 50 points to the person who finds it first.

What I like the most:

Big Pappa is always good natured and more than willing to communicate openly.

Quick point:

I would like to see more information and personal business experiences for time to time. I know he runs his own successful small business and would probably have a lot to share.

The Blog Card, Unconventional Blog Marketing Tool

Over the last couple of months I have taken a new approach to promoting my blog that you don’t really see anywhere else. A blogging business card (blog card) is a great way to exchange info and expand your readership to people outside your typical sphere of influence. Some of you may remember I held a business card design contest in an attempt to have a unique design that represented me and my blog the most.

It amazes me how many times I run into people on an airplane or at the doctor’s office who are interested in what I do and how I do it. At that point, I simply reach in my wallet and hand them a business card for my blog. People often forget that only a small fraction of Internet users regularly visit or operate blogs. Blogs can be a great store and wealth of information on a niche subject, and you should have a way for people to easily remember where to find your site. If you are interested in a topic and share your opinions on that, the chances are you know and will meet people who also like that same topic. We as humans like to talk about the things that interest us the most. When you have a political blog and you are talking politics with a stranger, how easy would it be to refer them to your site? How do you do that? Hand them your blog card.

The best part about a blog card is the fact that they are cheap and easy to have made. Just about every town has a place that can print blog cards, or thousands of online print stores can do the same. The cost is roughly about $35 for 250 individual cards, depending on design. I held a contest to have mine designed, but you could always swap or pay someone to design a very fitting card for you. I find that it is so easy to pass on a business card, and it is also pretty natural in our day and age. In order to ensure that the person receives the card and keeps it is another story. I simply hand write “$500 off first consulting” on the back of each card and say that is the only way to receive that discount. I don’t gives those cards to everyone, just the people I feel genuinely are interested in pursuing business relations. Now that business card has value, and things with attributed value seem to stick around on the desk or in the wallet for a long time.

As far as I can tell, I haven’t really run into any disadvantages with having a business card, unless you use them to present yourself or your blog as something that it is not. The key is to find ways that you can best exchange information and communicate to your current or potential readers. It is easy enough for people to find you online and to bookmark your site for later, but how do you get those same types of people to find you offline before online?

A great thing about the blog card is the ability to leave them anywhere, including the places your potential customers hang out. If you have a local bookstore in town that has a section of books or magazines that fits your niche, how simple is it to leave one of those card in the marketing books? I typically frequent Barns and Noble every other week. How much business or new readers could I get by leaving my blog card in a place like that? I don’t know, but if you are here and you found my card in a book, please feel free to leave a comment and let me know about your experience so far.

What’s your take on a blog card? How do you feel you could best use them to your advantage? Share your thoughts.