7 of 7 people found the following review helpful:
5.0 out of 5 stars
Referral-Based Businesses Are More Profitable, March 25, 2006
Having benefitted from "The Mastermind Marketing System," by Jay Abraham, I wondered what "93 Extraordinary Referral Systems" could have.
While the CD's and printed material in the referral program are significantly unlike what's in "The Mastermind Marketing System," the referral system is reminder of how important it is to count upon "who you and others know."
If you believe in the saying, "Everyone knows at least 250 people," you will appreciate the power of this CD program.
By asking someone who you know, "Who do you know who ..., ..., and ...?" you are being specific, and helping others to help you to create a 24-hour, no cost sales force.
Before asking this question, here are some things that you will need to do:
1. Decide who your ideal client would be (profession,
education, value system, location, etc.);
2. Decide why your service or product is ideal for this client;
3. Know how you are different and better than your
competitors, and why;
4. Put yourself in check, recognizing your passion for your
product or service;
5. Decide, in advance, what you will do for the person who
refers business to you (something that he or she would
appreciate). Be sure that what you want to give
them is what will benefit them, not you;
6. Consider getting referrals from your competitors, by coming
up with a reason why this is mutually benefitual - and have
the chutzpah to contact them with your well-thought out
idea;
7. Identify three benefits that the person making the referral
will gain, by making a referral;
8. Be prepared for resistence, which you can counter with a
brief, compassionate response, followed with questions that
guide this prospective referrer to want to give you a
referral;
After gathering this information, and prior to approaching someone for a referral, format your request, in your head, so that in less than 30 seconds, you can ask for this referral, and get it.
Caveat: Be sure that the person who you are asking for a referral is someone who understands the true value and meaning of referrals. Mutual appreciation of reciprocity is key.
I was surprised in listening to and reading this material for the following reasons:
1. There is a great deal of mention about "customers" and
not "clients." The "The Mastermind Marketing System"
encourages listeners to think of those who they are doing
business with as "clients," people who not only buy from
you, but with whom you are a trusted advisor.
2. There was a great deal of mention about Rolodexes, and
other pre-Black Berry technology; yet, this was published
in 2004.
Aside from these two points, this is an excellent tool.
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5 of 5 people found the following review helpful:
2.0 out of 5 stars
Anecdotal "Evidence", June 16, 2007
This review is from: 93 Extraordinary Referral Systems (Multiply your business profits through the efforts of others!) (Audio CD)
Jay Abraham is exalted as the most highly paid consultant in the country.
It is unfortunate that this series of Audio CD's is merely 93 anecdotes by business owners. It had almost no words by Jay Abraham himself, other than as a moderator. I was very disappointed.
I have purchased several quality products from Nightingale-Conant in the past several months and have to say this product did not meet their usual quality.
Ironically, this program was twice as expensive as most Nightingale-Conant products. You do not always get what you pay for.
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