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How To Get More Referrals From Existing Network^

14 Dec 2023 · 1 min

Watch on YouTube

0:31

Short YouTube advice clip (Eric Deeran) on getting more referrals from your existing network by incentivizing warm leads. Recommends offering a referral commission (examples: 3% or 5%) to people in your network who pass along potential clients, and optionally giving referred customers a discount so the referrer appears helpful to their contacts.

Questions this video answers

3% or 5% (given as example rates).

A discount on the service for anyone who signs up through the referrer.

Chapters

If you have somebody who's already someone that you have as a warm lead, but maybe they're not the best fit, and you have somebody, they have other people within their network, I would offer them just a referral commission. So for every deal we close, we'll give you 3% or 5% or whatever it may be. So then that incentivizes them to then go to their, you know, their existing network, bring those people in, and then have them talk to you. And if you really want to get crazy with it, what you can do is you can have. You can offer them 3 or 5% and then also say, hey, anybody who signs up through you will get a discount on our services. So then they look like the good person to all of their friends.