Ask the Expert
Referral Partnerships: A Strategic Growth Tool for Restoration Companies
Chris Matts shares how restoration pros can grow their business faster with plumber, realtor and service partner referrals
On this episode of Ask The Expert, we’re joined by Chris Matts the Founder of Marketing Ninjas. He is a serial entrepreneur and agency coach, and he sets and upholds a gold standard for agency operations. Chris has an interesting story of how he stumbled upon our industry and why he is so passionate about helping restoration contractors succeed.
We dive into how referral partnership is a strategic growth tool for restoration businesses and what you need to know. Chris shares the key benefits of referral partnerships but also shares some key opportunities you should take advantage of.
Key takeaways from this episode are:
-
Why Referral Partnerships are Key to Growing Your Restoration Business
- Referral relationships are reliable and consistent across markets, unlike other marketing channels that can be hit-or-miss
- The ROI on referral partnerships continues to grow over time, even after the initial investment, unlike pay-per-lead models
-
The Power of Plumber Referral Partnerships
- Plumbers are the most common source of referrals for restoration companies
- Keys to activating plumber relationships include in-person meetings, memorable gestures, clear referral processes and fast-start bonuses
-
Building Referral Relationships with Realtors
- Realtors want to be "heroes" to their clients, so restoration companies should position themselves as the go-to resource for restoration emergencies
- Unique opportunities include co-branded new homeowner folders, emergency supply tags and leveraging realtor connections to property managers
-
Overlooked Referral Partner Opportunities
- Landscapers, HVAC professionals, solar installers and other home service providers can be great referral sources
- Maximizing ROI from a Referral Partner Network
- Restoration companies with dedicated business development staff, sales proficiency and existing referral programs can see an even bigger ROI with referral programs
On the Go?
Listen to the audio version of our conversation!
Looking for quick answers on restoration, remediation and cleaning topics?
Try Ask R&R, our new smart AI search tool.
Ask R&R →
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
