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The Marketing Book Podcast

230 The Referral Engine by John Jantsch

The Marketing Book Podcast

Douglas Burdett

Sales, B2bmarketing, Contentmarketing, Marketing, B2bsales, Socialmedia, Business, Entrepreneurship, Digitalmarketing

4.9868 Ratings

🗓️ 7 June 2019

⏱️ 59 minutes

🧾️ Download transcript

Summary

The Referral Engine by John Jantsch

Click here for the show notes!

https://www.salesartillery.com/marketing-book-podcast/the-referral-engine-john-jantsch

The small business guru behind Duct Tape Marketing shares his most valuable lesson: how to get your customers to do your best marketing for you.

The power of glitzy advertising and elaborate marketing campaigns is on the wane; word- of-mouth referrals are what drive business today. People trust the recommendation of a friend, family member, colleague, or even stranger with similar tastes over anything thrust at them by a faceless company.

Most business owners believe that whether customers refer them is entirely out of their hands. But science shows that people can't help recommending products and services to their friends-it's an instinct wired deep in the brain. And smart businesses can tap into that hardwired desire. Marketing expert John Jantsch offers practical techniques for harnessing the power of referrals to ensure a steady flow of new customers.

Keep those customers happy, and they will refer your business to even more customers. Some of Jantsch's strategies include: -Talk with your customers, not at them. Thanks to social networking sites, companies of any size have the opportunity to engage with their customers on their home turf as never before-but the key is listening.

-The sales team is the most important part of your marketing team. Salespeople are the company's main link to customers, who are the main source of referrals. Getting them on board with your referral strategy is critical.

-Educate your customers. Referrals are only helpful if they're given to the right people. Educate your customers about whom they should be talking to. The secret to generating referrals lies in understanding the "Customer Referral Cycle"

-the way customers refer others to your company who, in turn, generate even more referrals. Businesses can ensure a healthy referral cycle by moving customers and prospects along the path of Know, Like, Trust, Try, Buy, Repeat, and Refer.

If everyone in an organization keeps this sequence in mind, Jantsch argues, your business will generate referrals like a well-oiled machine. This practical, smart, and original guide is essential reading for any company looking to grow without a fat marketing budget.

Transcript

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0:00.0

This is John Jants, author of The Referral Engine, teaching your business to market itself, and you're listening to The Marketing Book Podcast.

0:09.0

Welcome to the Marketing Book Podcast, helping you keep up with the smartest thinking in the quickly changing field of modern marketing.

0:19.0

And now here's your host, Douglas Burdett.

0:22.0

Hello, thanks for joining me on the marketing book

0:24.3

podcast, where each week I published an interview

0:26.5

with the author of a new marketing or sales book

0:28.7

and which was named by LinkedIn

0:30.6

as one of 10 podcasts that will make you a better marketer. My goal for this

0:35.4

podcast is to help you discover new ideas in order to succeed in the quickly

0:39.8

changing field of modern marketing and sales.

0:42.7

Don't worry about taking notes.

0:43.8

You can find links to everything linkable

0:45.5

in this episode's show notes

0:46.8

at marketingbook podcast.com.

0:49.6

And since you're a listener to the marketing book podcast,

0:52.2

if I can recommend a specific marketing or

0:54.2

salesbook or some other helpful resource that I know of or whatever situation you find yourself in,

0:59.4

feel free to connect with me on LinkedIn where we can chat, and I'll try to point you in the right

1:04.0

direction. This show is produced by my marketing firm. We work with

1:08.0

manufacturers to help them grow. If you're a manufacturer and are serious about growing your business, check out our

1:15.1

guide to lead generation for manufacturers on our website, sales artillery.com, or Google

1:21.7

lead generation for manufacturers and you'll find the guide at the top of the organic

...

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