Sign In
Get Started
Accounting

Grow Your Business Through Referrals

The single most powerful selling tool for any small business can be summed up in one simple word: REFERRALS. People would rather do business with people they know (or know of) than strangers. That’s how it’s always been. Think about it from the other perspective. When you’re introduced to a new service or product by someone you know and trust, you’re more open to it than you would be if someone had cold called you and asked you to make a purchase. Referrals are an immensely powerful and underused tool for small business owners that can help their sales explode. Here are a few tips on soliciting referrals tactfully and using them to your advantage.

  1. Just ask. Yep, it’s that easy. Except that you can’t just park your social media links on the sidebar of your website and expect that your clients are going to jump on and share your brilliance. Instead, make it personal. If you’re in an email exchange with a client, write a note of genuine gratitude for their support or purchase. At the end, a simple statement of “I’d really appreciate an honest review about your experience on xyx site” can make all the difference. Make sure the timing is right when you ask though. It should be in the midst of delivering excellent customer service or shortly thereafter. Don’t be shy to ask a second time in a later follow-up email if the client said they would and then didn’t follow through.
  2. Make it easy. Most clients won’t jump through hoops to refer you, regardless of how much they love you. Your referral process should be incredibly painless, as in, the click of a button easy. Rather than saying “I’d appreciate if you would hop over to Facebook and leave me a review,” try hyperlinking the text within the email directly to your page.
  3. Set up a reward system. Rather than putting all of your focus on potential newcomers, reward your loyal clients. Give them access to new products, free trials, coupon codes, discounts, cash, or an entry for a large prize for their efforts in referring your business. They’re more likely to continue referring you to people they know.
  4. Give and Take. Don’t expect to receive hundreds of referrals if you aren’t doing your part, too. Put out a good word for the services and products you buy and recognize the hard work of the entrepreneurs behind those businesses as well.
  5. Make it a Habit. Don’t just ask for referrals on clients who are already expressing their love for your product. Make it a habit to solicit a review from every client. Your pitch doesn’t have to sound sales-y either; just make it a quick “hey, if you have a second, let’s connect over on xyz site!”

At the end of the day, referrals are about relationships and people supporting people. Don’t try to buy referrals and don’t get discouraged if you didn’t get a referral where you’d really like one. Slow and steady wins the race–and gets you a lot of great referrals, too!

FREE CONSULTATION

Schedule a time to talk with a Vyde tax expert

Supporting small businesses is what we do. Let's chat about your tax strategy so we can help you keep more of your hard-earned money.

Professional woman holding clipboard offering tax strategy guidance and 20-30 minute consultation.
Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from - Youtube
Vimeo
Consent to display content from - Vimeo
Google Maps
Consent to display content from - Google
Spotify
Consent to display content from - Spotify
Sound Cloud
Consent to display content from - Sound