Growing your Business

How Referral Follow-Up Maximizes Your Success in BNI®

Two gentleman networking, building relationships, and connecting over business

The primary reason almost every BNI® Member has for joining this amazing organization is the opportunity for referrals. It’s what we do here at BNI. However, passing a referral is just the first step in the process. It’s important to follow up on referrals to ensure that they are properly taken care of — and that they result in successful outcomes for all parties involved.

Build Trust & Credibility

Following up on referrals is important for several reasons. First, it helps to build trust and credibility between the referring Member and the recipient. When a referral is passed, the referring Member is putting their reputation on the line by recommending someone to their client or contact. If the referral goes unanswered or unacknowledged, it can reflect poorly on both the referring Member and the recipient. Following up on referrals shows that the referral giver is committed to helping their clients and contacts, and that they take their recommendations seriously.

Ensure Qualification & Fit

Second, following up on referrals can help to ensure that the referral is properly qualified and that the recipient is a good fit for the referral. Not all referrals are created equal, and not all referrals will result in successful outcomes. By following up on referrals, the referral passer can ensure that the recipient has received the referral, that they understand the referral, and that they are the right person to follow up with. This can save time and effort for both parties involved — and can help to ensure that the referral is a good fit for everyone.

Generate New Business

Third, following up on referrals can help to close the loop and generate new business for both the referring Member and the recipient. When a referral is passed and followed up on successfully, it can lead to new business opportunities for both parties. For the referring Member, it can lead to new referrals from the recipient, as well as increased credibility and trust with their clients and contacts. For the referral recipient, it can lead to new business from the referral, as well as increased visibility and credibility within the BNI network. Best of all, it can lead to a reciprocal relationship where both parties continue to give business to each other in their dynamic power team.

Tips for Effective Referral Follow-Up

So, how can you ensure that you are following up on BNI referrals effectively? Here are a few tips:

  • Make it a priority. Following up on referrals should be a top priority for all BNI Members. Set aside time each week to review your referrals and follow up with the recipients.
  • Be timely. Follow up with referrals as soon as possible after receiving them. This shows that you are actively committed to helping your clients and contacts.
  • Stay in touch. If you don’t hear back from a referral recipient, don’t give up. Follow up with them multiple times, through different channels if necessary (e.g. email, phone, text, in-person).
  • Provide feedback. When following up on referrals, provide feedback to the referring Member — ideally in a 1-2-1 — on how the referral was received and whether it resulted in new business. This helps to build trust and credibility within your BNI network. And don’t forget to give a testimonial to thank the referral recipient for a job well done!

When you make follow-up a priority, you maximize the value of your referrals and build strong, lasting relationships within your Chapter.

Category

Category

Recent Posts

Subscribe to our newsletter

Related Articles
5 Best Practices for Inviting Visitors to Your BNI Chapter Meeting
Growing your Business
5 Best Practices for Inviting Visitors to Your BNI Chapter Meeting

By Bethany Rippy May 31, 2023

One of the key components of the BNI networking platform is its weekly Chapter meetings, where Members and visitors come...

Read Article
Want Referrals for Life®? Simply Follow BNI’s 7 Core Values
Growing your Business
Want Referrals for Life®? Simply Follow BNI’s 7 Core Values

By Steve Tannuzzo May 04, 2023

Maintaining a successful business is a goal that drives us as entrepreneurs and business professionals. But how do we build...

Read Article
3 Reasons More Visitors Mean More Value
Growing your Business
3 Reasons More Visitors Mean More Value

By Bethany Rippy May 03, 2023

As a business owner, you know the importance of networking and building strong connections with other professionals. That's why you...

Read Article