Comments on: Is Paying Referral Fees Wrong? http://bly.com/blog/general/is-paying-referral-fees-wrong/ bly.com direct marketing blog Wed, 08 Feb 2012 14:52:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: real estate for sale http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-681891 real estate for sale Tue, 24 Jan 2012 13:16:34 +0000 http://www.bly.com/blog/?p=177#comment-681891 <strong>real estate for sale...</strong> [...]Is Paying Referral Fees Wrong? - bly.com blog - bly.com direct marketing blog[...]... real estate for sale…

[...]Is Paying Referral Fees Wrong? – bly.com blog – bly.com direct marketing blog[...]…

]]> By: Free flash arcade games http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-681867 Free flash arcade games Tue, 17 Jan 2012 18:31:30 +0000 http://www.bly.com/blog/?p=177#comment-681867 <strong>Free flash arcade games...</strong> [...]Is Paying Referral Fees Wrong? - bly.com blog - bly.com direct marketing blog[...]... Free flash arcade games…

[...]Is Paying Referral Fees Wrong? – bly.com blog – bly.com direct marketing blog[...]…

]]> By: metal firms from Ukraine http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-681857 metal firms from Ukraine Thu, 12 Jan 2012 15:47:33 +0000 http://www.bly.com/blog/?p=177#comment-681857 <strong>metal firms from Ukraine...</strong> [...]Is Paying Referral Fees Wrong? - bly.com blog - bly.com direct marketing blog[...]... metal firms from Ukraine…

[...]Is Paying Referral Fees Wrong? – bly.com blog – bly.com direct marketing blog[...]…

]]> By: commission commando review http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-681508 commission commando review Sat, 22 Oct 2011 06:06:13 +0000 http://www.bly.com/blog/?p=177#comment-681508 <strong>commission commando review...</strong> [...]Is Paying Referral Fees Wrong? - bly.com blog - bly.com direct marketing blog[...]... commission commando review…

[...]Is Paying Referral Fees Wrong? – bly.com blog – bly.com direct marketing blog[...]…

]]> By: high paying jobs http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-681373 high paying jobs Sun, 18 Sep 2011 18:40:07 +0000 http://www.bly.com/blog/?p=177#comment-681373 <strong>best paying jobs...</strong> [...]Is Paying Referral Fees Wrong? - bly.com blog - bly.com direct marketing blog[...]... best paying jobs…

[...]Is Paying Referral Fees Wrong? – bly.com blog – bly.com direct marketing blog[...]…

]]> By: Laura Kenney http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-681313 Laura Kenney Wed, 31 Aug 2011 13:50:36 +0000 http://www.bly.com/blog/?p=177#comment-681313 I agree with Michael. We offer referral fees not as coercion, but as a business to business tool. If someone believes in us so much as to recommend us to their own client, it will never be because of a small referral fee, but because they feel recommending us will strengthen their relationship with their existing client. After all, a small fee never outweighs the long-term relationship with an existing client. The referral fee is a show of gratitude for the advertising that other businesses do on our behalf. We value it and we feel it is worth something. Many of our contacts refuse the referral fee, which we respect as well and we never expect one in return. To us it is a personal decision and we trust it is appreciated by those that receive it. Many times our referrals come from other professionals that have exhausted all of their resources trying to solve a problem. They come to us for the sake of their client,even though they know that once we solve the problem, the client will no longer need future services. That deserves compensation. I agree with Michael. We offer referral fees not as coercion, but as a business to business tool. If someone believes in us so much as to recommend us to their own client, it will never be because of a small referral fee, but because they feel recommending us will strengthen their relationship with their existing client. After all, a small fee never outweighs the long-term relationship with an existing client. The referral fee is a show of gratitude for the advertising that other businesses do on our behalf. We value it and we feel it is worth something. Many of our contacts refuse the referral fee, which we respect as well and we never expect one in return. To us it is a personal decision and we trust it is appreciated by those that receive it. Many times our referrals come from other professionals that have exhausted all of their resources trying to solve a problem. They come to us for the sake of their client,even though they know that once we solve the problem, the client will no longer need future services. That deserves compensation.

]]> By: Michael Keough http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-681164 Michael Keough Wed, 29 Jun 2011 15:07:26 +0000 http://www.bly.com/blog/?p=177#comment-681164 At DKText.com we give referral fees, and our take on it is not that we are bribing or manipulating people to choose our service but rather if people are going to do the leg work to promote our products, their time is worth something. Also I don't really think people will promote the product if the think its a "Lemon" that just hurts their own reputation. Just my thoughts on the matter though. At DKText.com we give referral fees, and our take on it is not that we are bribing or manipulating people to choose our service but rather if people are going to do the leg work to promote our products, their time is worth something. Also I don’t really think people will promote the product if the think its a “Lemon” that just hurts their own reputation. Just my thoughts on the matter though.

]]> By: Rick John http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-680707 Rick John Fri, 07 Jan 2011 04:12:51 +0000 http://www.bly.com/blog/?p=177#comment-680707 To me it's simple. You would have not gotten the business if it weren't for the referral so give the person who referred the business to you a gift (money is usually best). People are so selfish... In most of your defense though, I grew up with a single mother and poor so I am more appreciative than most. To me it’s simple. You would have not gotten the business if it weren’t for the referral so give the person who referred the business to you a gift (money is usually best). People are so selfish… In most of your defense though, I grew up with a single mother and poor so I am more appreciative than most.

]]> By: Shelly http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-680374 Shelly Tue, 09 Nov 2010 20:32:27 +0000 http://www.bly.com/blog/?p=177#comment-680374 I give referrals almost everyday to people and I never expect anything in return. My satisfaction is that I helped someone by passing their name on to someone I fully trust to get the job done right and in a professional manner. If someone was giving me tons of referrals and I was making a good living from those referrals, I would feel obligated to do something nice for the person be it a gift or some money. But what happens when it's your best friend who gives you a referral and at the last minute tells you they was a referral fee?? How should that be handled? I give referrals almost everyday to people and I never expect anything in return. My satisfaction is that I helped someone by passing their name on to someone I fully trust to get the job done right and in a professional manner. If someone was giving me tons of referrals and I was making a good living from those referrals, I would feel obligated to do something nice for the person be it a gift or some money.
But what happens when it’s your best friend who gives you a referral and at the last minute tells you they was a referral fee?? How should that be handled?

]]> By: ryan http://bly.com/blog/general/is-paying-referral-fees-wrong/#comment-679883 ryan Mon, 05 Jul 2010 19:20:39 +0000 http://www.bly.com/blog/?p=177#comment-679883 I have a former business partner who runs a competing company. We gave him a referral fee the first time he sent business our way as a thank you. Now, we have an agreement that we give him the fee on new customers. And I just got an email from him asking for a referral on repeat business. I said no, that now it's our reputation and work that they are basing the decision on, and he's decided not to send more referrals our way since he can't make money the second or third time. Thoughts? I have a former business partner who runs a competing company. We gave him a referral fee the first time he sent business our way as a thank you. Now, we have an agreement that we give him the fee on new customers. And I just got an email from him asking for a referral on repeat business. I said no, that now it’s our reputation and work that they are basing the decision on, and he’s decided not to send more referrals our way since he can’t make money the second or third time. Thoughts?

]]>