Referral Marketing: Too Much of a Good Thing!

"All things in moderation" or "Too much of a good thing" or "The more the merrier"

How many times have you heard these before? All you have to do is listen to the news to experience the reality of "too much of a good thing". For some reason, our society has implanted in our brains that more is better. Well, I believe that in many, many cases ... more is NOT better. Here's what I mean:

1. In Pittsburgh, we had record snowfalls this winter. More snow than we've ever seen!! Fun? Yes, for some (me). A pain? Yes, for many. But what will happen when all that snow melts into our three rivers and it creates record flooding? More is not always better.

2. This weekend, a young man died on the Carnegie Mellon University campus. Most likely from drinking too much. A beer once in a while tastes great. Too much of a good thing is deadly.

3. Food. Food is a good thing. We need it to survive. But do we need SUPER SIZED food to survive? I don't think so. All things in moderation.

How about referrals? Can you have too many referrals? Can referrals be a bad thing?

From my perspective, yes you can have too many referrals! Imagine that! Too many referrals being a bad thing?! Consider that if you're getting too many of the wrong kind of referrals, you're going to be spinning your wheels alot and chasing down potential prospects who shouldn't be working with you. This is going to waste your time and give you headaches along the way. Not to mention those people will be taking up space that could be occupied by the RIGHT referred prospect!

Too many referrals can also be a bad thing if you're not equipped to handle them all. If business is coming into you faster than you can manage, on the surface it's great, but something is going to give. Perhaps your customer service starts to slack off, your follow-up system gets clogged, or your referral thank you system gets left behind.

Just like so many other things, too much of a good thing can hurt you and your reputation if you're not careful! More is not always better. I'd rather have just enough of the right kind of referrals than too many of the wrong kind.