Three Step Process in Business Networking
Thursday, November 12th, 2009 | Author: admin
Networking with potential clients or people who could potentially refer you to clients is an art. It is nuanced by various techniques which can work well or ruin your chances of ever getting work in this way.
One way to ruin your chances of getting a business referral is to approach a stranger, and hand him three or four of your business cards, and ask this person to give them to his best clients. This is the surest way to strike out.
The reason is that you have to go through a three step process in building relationships. It is call the V-C-P process, where step one is becoming “visible,” or known. The second step is building “credibility” with other people by showing them over time that you do what you say you do. And the third step, “profitability,” will follow when the people who you have met and built credibility with feel good enough about you to refer you to their most valuable clients.
When an unknown person hands someone else his card, he hasn’t even gotten to “visibility” (V), yet. He isn’t even a known business person yet. After people have seen him around, seen his advertising, her people talk about him, then he becomes known. But he isn’t trusted yet. That comes with more time, and perhaps several transactions, before he builds “credibility” (C).
A better tact in a networking situation is to introduce yourself, tell people how you help your clients, and ask if there is anything you can do for them. This is a better step in the right direction in the V-C-P process.

