This happened to me when I chose price over trust…

This happened to me when I chose price over trust…

Many years ago, I was excited to take my brand to the next level and was actively searching for a reliable social media agency. Like many others, I was drawn to the promise of great results at a fraction of the cost.

I found an agency that offered impressive plans for a surprisingly low price. It felt like a steal, and in an effort to save money, I chose the cheaper option, believing I was making a smart business decision.

But what seemed like a bargain quickly turned into a costly mistake. The agency didn’t deliver on their promises, and my brand began to suffer. My online presence stagnated, and the credibility I had worked so hard to build was at risk.?

It was a wake-up call that saving a few bucks upfront can sometimes lead to bigger losses in the long run.

That experience taught me the critical importance of working with referred vendors—those who come recommended by people I trust.?

Unlike flashy ads and low-cost promises, referred vendors bring reliability, proven results, and a commitment to quality. Since then, I’ve relied on these trusted connections to ensure that my brand is in good hands, and I’ve never looked back.

I would like to share few pointers so that you don’t fall for the same:?

1. A Trusted Network: When a vendor comes recommended by someone you already trust, it's like a personal endorsement. Your colleague or business associate has likely worked with them, knows their strengths, and can vouch for their reliability. This means you’re not just taking a chance—you’re making an informed decision based on someone else's positive experience.

2. A Solid Track Record: Referred vendors bring with them a history of success within your network. Someone you know has already seen them deliver results, which gives you confidence in their ability to do the same for you. It’s much more reassuring than relying solely on what you see on social media, where things aren’t always as they seem.

3. Extra Accountability: When a vendor is referred, they understand that their reputation is on the line—not just with you, but with the person who recommended them. This creates an added layer of accountability, ensuring they’re fully committed to providing top-notch service. They know that any misstep could reflect poorly on both themselves and their referrer, so they’re motivated to exceed expectations.

The Ethical Marketing Dilemma

4. The Ethics Game: In the digital space, not all marketers are as ethical as they should be. It’s a space where exaggerated claims and misleading information can flourish. Social media, in particular, can be tricky—while it’s easy to find vendors, it’s harder to separate the genuine from the dubious.

5. Keeping It Real: The best vendors are transparent about what they offer, how they work, and what you can expect. Unfortunately, on social media, it’s easy for less scrupulous vendors to present a polished image that doesn’t necessarily reflect reality. They might inflate their follower counts, tweak their engagement metrics, and present a version of success that doesn’t hold up under scrutiny.

Spotting the Good Ones

6. Do Your Homework: To ensure you're working with an ethical marketer, take the time to look beyond their social media profiles. Seek out third-party reviews, ask for case studies, and verify their credentials. Don't hesitate to reach out to past clients for honest feedback—this extra step can save you a lot of trouble down the road.

7. Ask the Tough Questions: When evaluating potential vendors, engage them in meaningful conversations about their approach, values, and how they handle challenges. Ask them specific questions about their processes and how they maintain transparency with clients. Ethical vendors will be open, honest, and forthcoming with their answers.

8. Think Long-Term: Reputable vendors aren’t just interested in quick wins; they’re focused on building lasting relationships. They’ll want to understand your long-term goals and discuss how they can help you achieve them over time. This kind of long-term thinking is a strong indicator that you’re dealing with someone who values ethical practices.

While social media can be a great tool for discovering new vendors, it also presents significant risks. The curated nature of social media profiles can make it difficult to discern a vendor’s true quality and ethical standards. On the other hand, referred vendors come with a built-in level of trust and reliability that social media marketers often lack.?

By relying on recommendations from trusted colleagues and doing your due diligence, you can ensure that you're partnering with vendors who are not only effective but also operate with integrity.

In my experience, whether in BNI Deira Dubai, at SMC Comex International, or in my coaching practice, referrals have consistently proven to be the most reliable way to find vendors who prioritize quality and ethics.?

Trust your network, do your research, and you’ll find partners who are just as committed to your success as you are.

Ben McGary

I do things that help people sell A LOT more 'stuff'...

2 个月

Staying loyal to trustworthy partners can save you a boatload. Lesson learned, right? Let's chat about those valuable vendors

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