Building A Referral Program
-
Upload
homebuyerswarranty -
Category
Documents
-
view
2.587 -
download
8
description
Transcript of Building A Referral Program
![Page 1: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/1.jpg)
building areferral program
Long live happy customers...
and your business.
![Page 2: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/2.jpg)
why do I need a referral program?
Increases your chances of receiving
qualified leads.
Most cost effective way
of generating sales.
![Page 3: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/3.jpg)
getting started:where and when do I ask?
Opportunities to ask for referrals
Contract signingLoan approvalOptions selectionConstruction orientation meetingPre-drywall meetingMove-in orientationOne month after move-inFour months after move-inEight months after move-inOne year after move-in
![Page 4: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/4.jpg)
getting started:train your team + set goals.
Word of mouth is a great tool. Why not start in-house?
Make sure that ALL of your employees know about the program and more importantly have bought into it.
Set goals for your sales team on how many referrals they should receive.
![Page 5: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/5.jpg)
getting started:incentives.
What’s in it for me? Offer a reward to your home buyers for referring a contact. Cash giftsGift cardsDiscounts on a product or service
If you can’t offer cash incentives because of certain state laws—or you just don’t feel comfortable with it— there is always the option of donating to a charity you support in honor of the referrer, or better yet their favorite charity.
![Page 6: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/6.jpg)
happy customers areloyal customers.
Follow up with your customers.
Make it easy for happy customers to refer you by providing marketing materials they can pass on to friends, or an email they can easily forward.
![Page 7: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/7.jpg)
get social and spread the word.
Integrate social media into your program.
Make it easy for your customers and employees to share your program on their social networks.
![Page 8: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/8.jpg)
a couple examplesto get you started.
first referral
second referral
third referral
fourth referral
$500+$750
+$1,000+$1,250
REFERRAL MODEL:When the first friend or family member buys one of your homes, you’ll reward the referrer $500, for example. When the second person buys another home from you, you award the referrer $500 + $250. Then continue to add an additional $250 for every one of the referrals.
![Page 9: Building A Referral Program](https://reader036.fdocuments.in/reader036/viewer/2022081803/55612fafd8b42aa2118b47be/html5/thumbnails/9.jpg)
like it and want to learn more?
Contact us! We’d love to hear from you and answer your questions.
Email us [email protected]