Speed Networking for Business Success

You may have heard the term 'speed networking' bandied about a lot recently. It's become a very popular and fast growing form of networking and growing your business. So how does speed networking work?

Well, you may have heard of speed dating - It’s exactly the same principle just adapted for business. Attendees are seated in pairs and each one has between 2 and 5 minutes (this varies depending on the event) to introduce themselves and what they do. At the end of the 2 minutes a whistle blows and one of the parties moves to the next person on the right until everyone has had a chance to meet. It’s an excellent way for people who find networking difficult, to meet others. It also breaks the ice for any general networking which might follow afterwards and gets around the age old problem of only talking to people you already know.

So you've booked your place in a networking meeting, but what can you do to get the most out of the session? As with all marketing for your business, preparation is vital.

Bear in mind that you've only got a few precious minutes to get across what you do and more importantly the benefits of your product or service, so you really should practice what you are going to say before you go. What do you want to get out of the event? What is it about your company that you really need people to know?

Below are some useful questions which might help you figure out what you want to say:

1. Who is your ideal client?
2. Which companies are you trying to get into?
3. What services do you offer?
4. What is your Unique Selling Point (USP)?
5. Why should someone choose your company?

You could also practise your 60 second or "elevator" pitch - a very quick way to get across exactly what you do in sixty seconds or less. If you get that right you'll actually have time to spare on being specific about who you would like to meet and which companies you want to work with.

Further Tips:

- If you are seated opposite to someone you already know, tell them something they don't know about your business - have you set up something new recently, a new service or product? What do you currently need?

- If you're opposite someone new, help them out. If they're struggling to think what to say, ask them questions. What kind of questions? The ones above are a good start.

- Speak clearly - you can say more in 2 minutes than you think.

- When the other person is speaking, don't keep talking about you - it's your turn to listen.

- Be genuinely interested in what the other person has to say - as with general networking it's all about building long term relationships. Take time to see if you can help with any connections or advice your partner might need.

- If the organizers have allowed time after the speed networking for general networking then think about who you want to talk to again and how you can further the new relationship.

Speed networking, just like any networking isn't rocket science - it's thinking about what you want to say, being clear and to the point, listening carefully to the other person and seeing what you can both get out of it.

And it really is great fun, so don't be afraid to get out there and give it a go.

3 Reasons Social Marketing Must Be A Part Of Your Business

If you are trying to sell things on the Internet and you do not have a blog you are putting yourself at a disadvantage. Would you go to play golf without a putter?

Your competition is blogging and they are beating your pants off every day with ease. A part of blogging is submitting your articles to social directories.

Here are 3 reasons social marketing must be a part of your Internet business.

1. Social marketing is a popular way to get information. Directories like Digg and Netscape are quickly becoming the choice of people all over the world as a way to keep up to date on what is going on.

If you are not blogging and submitting to relevant social directories you are missing out on this easy form of traffic.

2. Social marketing is easy to do. Here's what you need. You should get a WordPress blog and set it up so that you can quickly bookmark the top directories. Then you should post in your blog everyday. If you can talk and type you can blog.

3. Social marketing is an interactive way to develop relationships with your readers. This has become know as Web 2.0 and it is important to the future of your business.

People still like to deal with people. This is an age-old sales trick that sometimes gets lost on the Internet. By making yourself and your blog interactive you become a real person. This will help increase your chances for sales and repeat sales.

4. Search engines love social marketing. You are making their life easy when you blog around keyword rich topics that a person researching can find. When you master the techniques of social marketing you will find you can get on page one of Google and other search engines very quickly.

The reason for this is search engines are spidering Digg, Reddit, Newsvine, and many more non-stop looking for fresh relevant content to put online. This may as well be you as opposed to your competition.

If all of this seems confusing it really shouldn't be. Read "The Authority Black Book" by Jack Humphrey. It is a free ebook you can get online. In it you will learn everything you ever wanted to know on social marketing and how to use it to increase your business.

Do not wait until tomorrow to get started. Do it today and your Internet business will thank you.

Networking - Why, How and Where

It's hard to be in business today, certainly in the professional services sector, without having heard the term 'networking'. Regarded by many as the Marmite of business, it is said that you either are a networker or you aren't. And if you think you aren't, you shouldn't even try to do it.

Rubbish!

First of all, networking is essential to any business - whether offline or online. The business you get from personal recommendation will be some of the best business you ever do - they have pretty much made up their minds to use you before they even call you, and they are a lot less concerned with price. And it's not just for solicitors and accountants - when your pipes burst, how did you decide on a plumber to come out and fix it? Was it someone you had heard good things about before? Maybe you didn't know anyone, so you called a friend and asked if they knew a good plumber? Joe Bloggs Plumbers just won the business of fixing your pipes through networking.

A good way to look at it is not as 'networking' but as 'word-of-mouth marketing'. Because it is part of your marketing mix - how's your advertising? Local papers? Spot on radio? Good, good. PR? Interview on local news this week? Fantastic. How about promotions? Give aways? Offers? All sorted? Great stuff. Got a website? Optimised for the search engines? Lots of enquiries from it too? Brilliant.

And how about your word of mouth?

Not enough people concentrate on generating referrals and getting people to mention their business to others. Millions of pounds of business is done every year through referral and recommendation. If you're not getting any of it, you need to think long and hard about why not.

So you've got yourself to a networking event, you tell the people there about what you have to offer, and then ask if they want to buy it, right? Wrong! If you do this you have become the person at a networking event that everyone wants to avoid - the one handing out business cards like they're dealing a poker game; the one who asks you nothing and tells you more than you could ever want to know about what they do.

So how do you do it? The best way to network is to build trust, build relationships, to think about what you can do for the other people in the room before you think about what you might get. Be a 'people person', be genuinely interested in the people you meet at events. Great networkers want to help as well as get help - because they like helping others, not just because it might get them some business in the future.

Networking is about building a relationship that eventually leads to business being done, either between you and your new contact, between you and someone they recommend, or between them and someone you recommend. Don't discount that last one - they have to get something out of your relationship as well, otherwise it isn't a relationship. If you help them get more business, they will do the same for you - in fact they'll feel obliged to.

Where can I network?

The short answer is absolutely anywhere! Remember Joe Bloggs Plumbers, the guys who fixed your pipes? You don't find many plumbers at networking events, but they still get referrals. Networking happens when you talk to your colleagues at work, when you go to the pub with your friends, it happens when you overhear a conversation in the bus queue. Networking is about the impression you leave people with, and you make impressions all day, every day.

Of course you will make more effective contacts for referrals at specialised networking events, but remember there are several different kinds of events you can go to. Some of the most established are breakfast meetings, which usually start around 7.00am and finish around 9.00am. Meetings are usually weekly and the format is very focused and regimented. For those who like this format, there is a lot of business to be done, but it is an acquired taste. Try it out, but bear in mind whether or not you can keep up with the regular early mornings and very formal structure. Also, most breakfast meetings are restricted to one person from each business sector, so you are not as likely to meet people you can form alliances and joint ventures with, which is a very important, and often overlooked part of networking.

There are also several different kinds of event organised by groups such as local government organisations, such as race days, golf days and others. These can be a lot of fun, but are very often filled with people who are there for the golf rather than to do business, and you may have to kiss a lot of frogs to find your prince. Networking events are really a matter of preference and perspective, and you should go to as many events as you can at first, and then stick with the ones that work for you.

In summary, there is a simple and effective way to network that anyone can do:

1. Get to know people as people, not prospects.
2. Everything happens after a meeting, not during. Always, always follow up.
3. Give referrals as well as expect to receive them.
4. Keep in touch on a regular basis.

Best of luck with your networking!

Networking Your Way to Online Success

Forums, groups, boards, and loops; they’re all synonymous for online locations facilitating online networking. Some are entirely public, where everyone and anyone can click to the URL, read the messages and if they have no interest in contributing, they can just lurk. Some require active participation and others require registration before members can participate. These online forums, groups, boards or loops are different from paid membership sites in that there is no cost to network at these websites.

Some are active, some are sleepy. Some are strictly for business related topics; some allow more OT (Off Topics) and social interaction. There are forums for every imaginable topic: Entrepreneurs, International business, Health related fields, Technology, Copywriters, Web Designers, Work at Home Moms, Programmers, Finance, Ebay, Job Seekers, Internet Marketing, Writers, Inventors and Virtual Assistants, just to barely scratch the surface of what’s out there on the World Wide Web.

Time management skills need to be paramount when participating in online forums. You can very easily get swallowed up and spend hours and hours online networking with others who have online businesses, yet you miss real opportunities to get some productive work done!

From a business standpoint, there are two areas you should consider before participating in a loop. It’s always good to have a network of like-minded business people. If you’re a web designer, hang out with other designers. You can help and support each other. If you’re just starting out, you can learn from the pros.

Don’t get stuck though, just hanging out with your own kind. You’re not going to be very successful trying to promote your design services to other designers. This is where balance comes in. Pop into the boards, check new posts of interest, ask or answer questions, then get out. Then move onto groups who need your services or products. Who is your target market and where do they hang out? Go there. Word of caution: Do not go to these forums with the sole purpose of SPAMMING the group. You’ll be tossed out on your ear quicker than you can blink if that is your sole purpose. People like to do business with people they know and trust – or at the very minimum have at least heard of.

If you’re trying to sell your curriculum to a group of home school parents and you just pop in, spew your sales rap all over the boards then expect any sort of return, you’re missing the point of online networking. It’s networking – not advertising. You need to build a rapport with your other “loopies”. Then if a need arises and they know one of their own fellow networkers has that special skill or product, guess who they’ll call first? You hope it’s YOU.

For starters check MSN, Google, Yahoo, AOL, and Ryze. Inside there are literally hundreds and thousands of groups just waiting for you. Start networking your way to success today!