Types of Business Networking Groups to Join

Types of Business Networking Groups to Join

I don’t want to pass up the opportunity to share an article I read about networking. Here are a few highlights:

Business networking is the art of building a mutually beneficial relationship with other professionals. Having a strong network can be a key to business and career success.

However, connecting with others is not easy for everyone, especially if you don't know how to find the right prospects.

For this reason, we have put together the different types of professional networking groups to help you choose the best one for boosting your business or improving your career.

1. Social media network

Social media is a useful tool when creating connections for business. It is a two-way communication channel that lets you establish rapport with your clients and prospects.

Building relationships and credibility is crucial to the process. It can be as simple as reading and replying to comments or acknowledging audience feedback.

Since it’s more personal, it helps you humanise a brand and make authentic relationships with the community.

You can quickly connect with your others through social media, especially when you tap them from personal accounts.

Start by identifying your prospects, whether they’re business owners, coaches, thought leaders or speakers.

2. Casual contact network

If you are looking for ways to meet many people in one day, casual networking is the best way to go. It typically holds an event for different professions with few restrictions.

These groups allow you to meet like-minded people in the industry and develop referral partnerships. Moreover, it is a good option if you’re looking to connect with business owners and other professionals in your community.

Members usually attend monthly mixers and mingle informally. Each event also invites guest speakers who can discuss relevant business topics like leadership, innovation, or technology.

You can familiarise yourself with the group when you participate in committee discussions. If you want to establish a long-term professional network, it’s best to regularly attend meetings to strengthen business relationships.

3. Strong contact network

As you start to develop referral marketing campaigns, a strong contact network can provide opportunities targeted specifically to your goals.

There’s more exclusivity in it as it only allows one person per profession to join. It requires more membership commitment as a structured group. Thus, it increases loyalty and participation in return.

Once you’re part of this business network, be open to meeting members weekly over lunch or dinner. You can’t expect to meet hundreds of professionals in this type of group, but we advise you to prepare some business cards on hand to exchange.

This type of business networking group helps you get more quality and consistent referrals. It’s perfect for companies with a longer sales cycle like financial planning or bookkeeping.

4. Community service club

A community service club is a business networking group that focuses on providing charitable projects.

It’s a mission-driven organisation that’s ideal for people who have a passion for service. While your main goal is to serve the community, building lasting business relationships with other members is also possible.

Plus, there’s a high possibility that you can also expose yourself to business opportunities through them.

Community service club activities can be teaching students, initiating education projects, or improving access to clean water for the community, which brings fun and fulfillment to members

5. Leads group

A leads group is the largest segment of business networking that you can attend for the goal of giving and receiving referrals.

Meetings are structured for all members to give them a fair chance to participate. There’s open networking and it follows a designed meeting agenda that focuses on administrative matters, education, and feedback.

One of the primary benefits of this type of business networking is exclusivity. It’s usually limited to one profession per industry, giving a member a competitive edge over non-members.

When you start to mingle with others through a leads group, keep in mind that it takes time to make meaningful connections and attain better results.

You need to engage with your network first to build trust, before you can expect to generate sales leads for your business.

6. Professional association

A professional association exposes you to different knowledge and skills that can benefit your business. It often holds conferences and events where you can learn from industry leaders, collaborate with other professionals, and share insights with a large group.

Most of its members are usually from a specific type of industry, such as finance, accounting, health, or engineering.

Association groups have created an associate member category that includes non-active members. It’s one way for participants to access potential vendors and generate income.

If you’re part of this professional network, you can seek ways to help others without the need to sell.

Want to know more? Head on over to the full article here for more ideas and perspectives. Afterwards, why not drop me an email to share your thoughts at [email protected]; or call me on 0467 749 378.

Thanks,

Robert

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