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February 3, 2017 By Doug

Benefits of Networking

I had lots of positive feedback on my last marketing tip on networking. Networking is critical to the long-term health of any business so you just have to get out there and do it, and do it right.
Keep these five benefits of networking in mind as you venture out.

1. Opportunities
It’s natural that networking will result in opportunities, but you don’t know when or how they will materialize. Whether it’s a referral, partnership offer, or request for your service or product, it is important to be ready to seize opportunities when they come along.

2. Connections
Remember, you are not just gaining exposure to the people in the room; you are building connections with their network too. If someone they know has a need that matches your business, and if you have made an impression on them, you will likely get a referral.

3. Increased confidence
By regularly networking, and pushing yourself and your staff to talk to people you don’t know, your confidence will increase. This is an important attribute as a business owner, because your business growth is dependent on talking to people and making connections.

4. Raising your profile
Being visible and getting noticed is a big benefit of networking. By regularly attending business and social events, people will begin to recognize you. This can help build your reputation as a knowledgeable, reliable and supportive person.

5. Friendships
Lastly, this one is more personal-related rather than business-related, but is a big benefit. Many friendships form as a result of networking because you are all like-minded business owners that want to grow your businesses.

So grab your business cards and go meet some new people. It can only be good for business.

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Filed Under: Marketing Tips Tagged With: awareness, connections, networking, opportunities, profile

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