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| | #1 |
| Senior Warrior Member War Room Member Join Date: Aug 2002 Location: Long Island N.Y.
Posts: 1,154
Thanks: 29
Thanked 192 Times in 101 Posts
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Hello, I just wanted to share my success story from last week. I have been doing offline seo marketing for the last few months. My last customer was very happy with the results. When it came time to pay I handed him two bills, one for the agreed upon price, the other was a bill for $100 off with a blank piece of paper with ten lines on it for referrals for ten friends that may need my service. He looked at me kind of puzzled and said is that all I have to do to save $100.00 ? I said that's all I want,he filled it out and paid me and he was even happier that he saved an extra $100.00 Well,a week later I made over $4,000.00 in sales to his friends, I plan on repeating this process with all of my new customers. |
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Something new soon.
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| | #2 |
| Active Warrior War Room Member Join Date: May 2009
Posts: 35
Thanks: 0
Thanked 1 Time in 1 Post
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referrals are always the best type of customer / lead. Congrats on the additional income |
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| | #3 |
| HyperActive Warrior War Room Member Join Date: Oct 2002 Location: San Diego, CA, USA
Posts: 152
Thanks: 15
Thanked 8 Times in 8 Posts
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Wow Lou, that's an ingenious idea. That's the art of mastering customer service and the ability to see things from the customer's view point at work! Way to go on your ability to think outside the box. ![]() Jim |
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Something Good Is Coming Soon
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| | #4 |
| Warrior Member Join Date: Aug 2007 Location: , , Chile.
Posts: 10
Thanks: 3
Thanked 0 Times in 0 Posts
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Very nice business model, congratulations and thanks for the tip!
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| Monetize your spanish-talking money making traffic My first info product :)
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| | #5 |
| HyperActive Warrior War Room Member Join Date: Mar 2009 Location: new york
Posts: 130
Thanks: 26
Thanked 11 Times in 11 Posts
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Congratulations! Thanks for sharing the tip!
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| | #6 | |
| HyperActive Warrior War Room Member Join Date: Jul 2009 Location: Charlotte, NC
Posts: 106
Thanks: 21
Thanked 7 Times in 7 Posts
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| | #7 |
| HyperActive Warrior War Room Member Join Date: Jan 2008 Location: United Kingdom.
Posts: 176
Thanks: 13
Thanked 3 Times in 3 Posts
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I love stuff like this... it's the kinda thing we've all heard about and forgotten, and just need reminding about. Thanks for sharing Lou. (friend request sent).
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| | #8 |
| RizAliMarketing.com War Room Member Join Date: Jun 2007 Location: Scotland, United Kingdom
Posts: 784
Thanks: 280
Thanked 188 Times in 117 Posts
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Congrats Lou Referrals from existing happy customers are the best type prospect. RA |
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| | #9 |
| Carpe diem War Room Member Join Date: Nov 2007 Location: U.S.A
Posts: 63
Thanks: 5
Thanked 3 Times in 3 Posts
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Thank you for sharing your success story. Unexpected bonuses are a wonderful way to build customer goodwill. And in your case, showing unexpected financial appreciation for referrals is a way to create lifetime customers. Congratulations on your $4,000 bump in sales to his friends.
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| | #10 |
| Senior Warrior Member War Room Member Join Date: Jun 2007 Location: West Palm Beach, FL, USA.
Posts: 1,425
Thanks: 299
Thanked 350 Times in 189 Posts
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Awesome tip! Thanks for sharing. Michelle |
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| | #11 |
| Who'm I kidding? War Room Member Join Date: May 2006 Location: Easthampton, Massachusetts
Posts: 4,542
Blog Entries: 15 Thanks: 117
Thanked 904 Times in 651 Posts
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that's such a delightfully goofy ploy! I love it! Totally makes sense. Good job. |
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| | #12 |
| Warrior Member Join Date: Jul 2009
Posts: 10
Thanks: 0
Thanked 1 Time in 1 Post
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this is a great idea, thanks for sharing. I think it is the first i have heard of it.
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| | #13 |
| Warrior Member Join Date: Apr 2008 Location: Ann arbor, MI
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
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This is really intresting. I'm gonna try it, thanks!!
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Retailer and Wholeseller of the helios heating pads | |
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| | #14 |
| Ken Perry War Room Member Join Date: Aug 2008 Location: Tucson, Phoenix AZ
Posts: 844
Blog Entries: 11 Thanks: 151
Thanked 406 Times in 197 Posts
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Nice job Lou... Thats a nice return on your 100.00. Asking for referrals is often over looked. It's a vital part of any local "service related" business. Good luck, Ken |
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| | #15 |
| Learning...as always... Join Date: Jun 2009 Location: colorado
Posts: 143
Thanks: 4
Thanked 12 Times in 12 Posts
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i use a similar technique. I tell them if they refer someone that sign up with me they will get 20% back, 2 sign up 50% etc.... |
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| | #16 |
| Active Warrior Join Date: Jul 2008 Location: , , USA.
Posts: 30
Thanks: 0
Thanked 5 Times in 4 Posts
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Congratulations on your success and thanks for sharing. What a great return on a $100 investment. Thanks Al |
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| | #17 |
| HyperActive Warrior War Room Member Join Date: May 2009
Posts: 259
Thanks: 30
Thanked 11 Times in 11 Posts
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Great idea, well done.
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| | #18 | |
| Success Is Intentional War Room Member Join Date: Dec 2007 Location: , , .
Posts: 1,417
Thanks: 403
Thanked 181 Times in 77 Posts
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You see....most business owners would be GLAD to give you 10 referrals for $100 discount.....so after you get the 10 referrals....THEN YOU PITCH THEM FOR THE TESTIMONIAL. Its all about timing and WHEN you present the information. At a glance, using this strategy, you would get a testimonial and 10 referral leads for business owners for $100....not bad if you ask me. Much continued success to you Lou! Chris Negro | |
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| | #19 |
| Senior Warrior Member War Room Member Join Date: Jun 2009
Posts: 2,297
Thanks: 107
Thanked 1,337 Times in 1,098 Posts
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I have see coupons that were printed to look just like a super jumbo $100-bill that was given after receiving a referral. But was cashable on new purchases by the old customer after his friend completed a purchase. Everyone wins and you cost is buried in the new customer's purchase |
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| | #20 |
| Software Developer War Room Member Join Date: Feb 2007 Location: Ohio , USA.
Posts: 2,273
Thanks: 416
Thanked 408 Times in 250 Posts
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What at awesome idea Lou!
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-Jason
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| | #21 |
| Warrior Member Join Date: Jul 2009
Posts: 17
Thanks: 0
Thanked 1 Time in 1 Post
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Wow, it's really a nice tip to expand the market, thanks for sharing with us, Lou. I wrote a new post about 2 useful seo tips which was summarized according to my own experience and I hope it will be helpful for you too. Thanks again and I will try this model |
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| | #22 |
| Senior Warrior Member War Room Member Join Date: Dec 2006 Location: Cairns, Australia.
Posts: 3,267
Thanks: 3
Thanked 784 Times in 425 Posts
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Nice simple referral system. Referrals are so much easier to turn into paying clients...especially referrals from other business owners. Did you have any other requirements for him? For example did you ask him to call his friends or did you get him to okay a letter you would send to his friends on his behalf? Also can you put the $100 in perspective for us...what was the total bill before the discount? Kindest regards, Andrew Cavanagh |
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| | #23 |
| Portuguese Warrior War Room Member Join Date: Nov 2008 Location: Good Old Europe
Posts: 3,488
Blog Entries: 6 Thanks: 1,311
Thanked 810 Times in 556 Posts
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Nice technique Lou, thanks for sharing. Definitely will test it next days. |
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| | #24 |
| Warrior Member Join Date: Jul 2004
Posts: 18
Thanks: 0
Thanked 5 Times in 4 Posts
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You may want to try adding a tweak to this already excellent referral strategy... Instead of just offering $100 discount for the referrals, add some leverage/sweetener on the other side of the deal too. In other words, structure it such that you can go to the referrals and say "your friend loved this service so much he instructed me specifically to give you this $100 voucher with his compliments." It's been proven that people hate to lose what they already have, so you think this tweak will help to increase your conversion rate? |
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| | #25 |
| Warrior Member Join Date: Jun 2009
Posts: 14
Thanks: 6
Thanked 1 Time in 1 Post
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Excellent idea. Thanks for sharing!
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| | #27 |
| HyperActive Warrior War Room Member Join Date: Nov 2007
Posts: 362
Thanks: 85
Thanked 145 Times in 50 Posts
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Congratulations! Nothing gets more targeted than word of mouth. Kudos!
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| | #28 |
| Advanced Warrior War Room Member Join Date: Aug 2008
Posts: 926
Thanks: 67
Thanked 139 Times in 103 Posts
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OMG... that's outstanding... I'll try this with my next couple clients and see what happens. thx
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| | #29 |
| RhondaHolland.com Join Date: Mar 2003 Location: PA
Posts: 532
Thanks: 40
Thanked 23 Times in 20 Posts
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Just curious... Did you use any graphics, like a picture of a hundred dollar bill, on the "bill" for referrals?
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| | #30 |
| Senior Warrior Member War Room Member Join Date: Jun 2007 Location: Arkansas, USA.
Posts: 1,518
Blog Entries: 17 Thanks: 86
Thanked 124 Times in 98 Posts
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Great post Lou! Something so simple, yet so effective. Too many people complicate everything.
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| | #31 |
| Active Warrior War Room Member Join Date: May 2007 Location: Southern, CA, USA.
Posts: 55
Thanks: 3
Thanked 4 Times in 4 Posts
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Lou, This technique along with some of the suggested tweaks makes this an excellent deal to offer clients. Thanks for sharing. |
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| | #32 |
| HyperActive Warrior Join Date: Jul 2003 Location: , Florida , USA.
Posts: 490
Thanks: 136
Thanked 27 Times in 24 Posts
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Thanks Guys, Adding a new dimention to my system!!! |
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"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." - Thomas Jefferson "Some see private enterprise as a predatory target to be shot, others as a cow to be milked, but few are those who see it as a sturdy horse pulling the wagon." -- Winston Churchill | |
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| $100, discount, extra, made, marketing, offline |
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