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Grow Your Business: Friends & Strategic Partners

Grow Your Business: Friends & Strategic Partners

Ann M. Evanston | WomenCo.

June 25, 2008

Your marketing strategy will be more powerful when you build a network of trusted friends. This is a very different category than personal friends. Many women who get involved with a direct marketing line – as well as many marketing pros – will tell you that the fastest way to grow your business is to make a list of all your friends and family, and then start marketing to them first. But have you noticed that when you try that approach, they rarely seem to want to buy from you? It’s frustrating, isn’t it?

So a trusted friend is different. A trusted friend is someone you hold a business relationship with—and with all the advertising we get every day, this is an important strategy. Think about it! Are you more likely to read that SPAMMED email sent to you anonymously, or an e-mail a trusted friend sent, saying they thought you would be interested? Then imagine your trusted friends forwarding e-mail from you to others. Powerful concept!

Trusted friends are business partners who:

• Know your business and respect what you do

• Understand and value the small business owner

• Believe in relationships and referrals

• See potential clients for you in their own daily business

• Will, if the opportunity presents itself, refer business to you

• Are often willing to advertise you on their web site

• Over time, may package and bundle with you

Another way to describe a trusted friend is as a “strategic partner.” Strategic partners are people who are in alignment with your business, and are not in competition; their customers often need what you offer.


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    CarissaAhlstrom

    3 months ago

    14 comments

    Thank you Ann for the insight! What a new refreshing way to think about your business and those around you!

  • 4x5hermandez_016_max50

    ChrisMar

    3 months ago

    88 comments

    Thoughtful networking and collaboration...another very helpful article Ann, thanks.

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    seabrownthree

    3 months ago

    408 comments

    Fantastic article! This is exactly the right thing! We always "have time for it", because we're always talking to people as we're doing business. We can tell if they would be good for us, and we can tell if we would be good for them. It's a game of give and take. Spot on, Ann!


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