Strategic Marketing Referral Ladder

Who does not like referrals? 


Our approach to getting more referrals needs to have a clearly understood objective. This diagram helps to give clarity to a strategic marketing referral approach.


The Five-Fold Objective of a Strategic Marketing Strategy are:
1. Turn Prospects into First Time Buyers.
2. Turn First Time Buyers into Repeat Buyers.
3. Turn Repeat Buyers into Members of our unique community.
4. Turn Members into Advocates for our products or services.
5. Turn Advocates into Raving Fans who can't stop talking about our products or services.


Your Raving Fans are those businesses or individuals that generate referrals for your business. Develop a plan that accomplishes the following for your Raving Fans:
1. Decide to contact them on a regular basis (once a month, once every 6 weeks)
2. Add value to your relationship
3. Affirm your relationship
4. Educate them on how to spot a good referral.
5. Decide how to treat all referrals with excellence
6. Show appreciation to your Raving Fan!


Your Advocates are one step away from becoming Raving Fans. Take time to think about what will move them into that new level of professional relationship. The key is two fold: 1. continue to exceed their expectations and 2. make them conscious of ways they can help you (for example, a testimonial, a review, a referral).


Members are loyal to you but are not motivated to advocate for your goods or services. What should your strategy for Members include? Show how you value their loyalty with the following strategies:
1. Listen to their feedback
2. Meet their expectations
3. Take one step beyond their expectations.


These top three rungs of the Strategic Marketing Referral Ladder are the most important and where you should be focusing your energy. Take a few minutes right now and identify who is on each rung. Make some action steps to start an upward movement on your Referral Ladder.
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Perhaps you need to schedule some time to break away and give some focused attention to your Referral Ladder. To help expedite your strategic thinking process, contact your Twin Cities Growth Coach serving Minneapolis, St. Paul and surrounding metro communities.