5 top tips to make your speed networking session a success

5 top tips to make your speed networking session a success

Most businesses would agree — referrals and face-to-face contact are the best ways to build and nurture business relationships — however, contrary to this many businesses spend many thousands of pounds placing advertising and sending marketing via email or though the post. 

Why you should get involved with speed networking?

If meeting someone is the best way to judge whether you can do business with them why don’t more businesses get involved with networking? Well, for many people it seems to be a little bit of nerves that can keep them away from meetings — so, if a breakfast or lunch seems too daunting how about the best and quickest form of networking — speed networking?

Speed networking is not a new concept, however, in a time when we seem to be spending more and more of our working day communicating online and through email it makes a refreshing and interesting change to your business development strategy. Arguably, speed networking will give you access to more people in one hour than you might normally meet in a month. It’s quite normal to feel a little apprehensive but do a little prep work beforehand those nerves should be calmed.

As ever preparation is key

1. Make sure you have a great opener for each of your pitches — just 10 seconds will do, covering an introduction, what your business is about or what you are looking for.  

2. Try to think about the different types of people and businesses you are going to meet and how you could change your intro to meet their needs — you’ll have far more success if you can slightly tailor your pitch to each person. 

3. Be practical — remember your business cards and a pen to make notes (on the back of each card is a good idea) and remember people’s names!

4. Not everyone is going to seem suitable for you or perhaps be interested in your product or service right now, but, remember to “think outside the box” — the product or service may not be suitable today but what about next month or in year’s time when you have diversified or grown? Consider whether a contact could become a mentor or a partner or a franchisee? The people who gain the most from these sessions are those that are the most open minded. 

5. Although it may seem counter intuitive, do your best to help the people that you meet — try to offer solutions to them and their challenges. You’d be surprised at how this “pay it forward” mentality has helped many businesses — perhaps not immediately but at some point. You’ll impress your new contact and you never know they may well recommend or use you in the future. 

Networking for success

Many of the most successful entrepreneurs are those that have spent their time networking — building trustworthy, reliable contacts across their industry, in support services and a wide variety of geographical locations. Meeting people and developing positive relationships is surely the key to a successful business?

So, hopefully now you should feel a little more prepared for a speed networking session? Well you can book your slot here for the East Kent B2B 11th September. And let us know how you get on ……

West Kent funding opportunities for small businesses

The Escalate scheme has recently made £5.5 million available to micro and small businesses in West Kent and is part of the Government’s Regional Growth Fund. The aim of the scheme is to offer interest free loans to businesses that are experiencing growth and need funding to help them develop further and create new jobs.

The Regional Growth Fund 

The Regional Growth Fund was created by Government to help regional businesses and economies expand. So far, over £1 billion has been made available with around 3,500 firms benefiting from the funding. Aiming to help local businesses protect or create jobs, build on creativity and strengthen their business through investment, the scheme invites local businesses to apply for the fund via their local scheme.

The West Kent Partnership looks after the Escalate fund for the area around the A21 corridor, it hopes to create around 1,250 new jobs in the area through around 150 companies. With business finance still a major issue for many small and micro businesses the programme is looking to support those businesses that are growing, but may be struggling to find the means to accelerate as quickly as they want.

First business receives support

Great news then for DotImpact, who are the first business to receive funding from the Escalate programme. Established to support SME’s that want to increase their online presence but don’t have the budget or expertise to do so, DotImpact is a full service marketing agency that offers a range of services from website design, email marketing, social media & SEO, digital marketing strategies to traditional branding design and print. Amanda Robinson, MD, of DotImpact commented, “Now we have the support of the Escalate fund, our plan is to create employment opportunities within the business with the aim to help further SMEs in Kent achieve their growth potential”

West Kent B2B offering advice and tips on applications

The West Kent B2B on the 30th April at the River Centre in Tonbridge, is backed by the West Kent Partnership. On the day there will be opportunities to hear more about the Escalate programme and how your business could benefit from its’ funding solutions. The event is free to attend and along with local and county-wide exhibitors there is a fantastic programme of key-note speakers and workshops - all with a definite slant to the small business sector. If you pre-register there is also the opportunity to gain free advertising for your business via the on-site screens and a welcome coffee as well. 

To find out more and how to register your place click here.

5 reasons to consider event sponsorship

As marketing budgets begin to increase once more many organisations will begin reviewing their spend in terms of both finance and the channels that they use. Whilst the march of social media and online marketing continues apace many marketers are starting to look at some alternative means in order to get their brand out there and recognised. With the growing noise across many channels, an alternative strategy may be the way to be seen and heard by more of your audience. So, along with a return to the more traditional areas of print marketing, the arena of event sponsorship should also be considered as a great way to build your audience and grow exposure. 

Choosing the right event and what you sponsor is absolutely key to your sponsorship success. Consider should the event align itself with your business? Is it attracting the right audience for you? Could it open a new market for you? These are all questions that you need to be pretty sure of the answers before going ahead. One thing is for sure though many business directors agree that exhibitions offer a great way to meet new clients,  so surely extending that to sponsoring makes sense? And do you know what? Sponsorship needn’t cost the earth - it’s not always about sponsoring the whole event, or the event guide - there are generally lots of other smaller opportunities for business to get involved with. Take a look at five reasons why your company should look at event sponsorship.

1. Build credibility with a targeted  audience

Events like B2B exhibitions and conferences are a great way to get to meet your clients, develop relationships with new ones and build authority within your sector. Alongside taking a stand having your company branding elsewhere at the event will help to build recognition of your product or service. Sponsorship will enable you to stand out from the crowd to an audience that has been created for you. What does this mean? Well, a carefully managed exhibition or conference will have heaps of delegates that are ideally placed to be receptive to your product or service - thats’ the job of the event organiser. For them to make the event successful they need to have the right delegates meeting the right exhibitors … and sponsors! Be sure to do your homework and find out exactly who the target market is.

2. Remember the people that aren’t actually there

Now this may sound bizarre but when you are speaking with delegates, contacts or other exhibitors always remember that they most probably have a book full of other people with similar interests or who are in a similar sector, so, remember the people that aren’t at the exhibition and make an excellent impression on those that are. This still holds true for sponsorship - sponsor the event bag or some promotional items and the chances are they will be seen by far more than just the person who attend - gaining you and your business further exposure. 

3. Increase your media exposure

As part of the organisers role the event will undoubtably be well advertised both on and offline - as a sponsor you gain access to this. For businesses that look at becoming a headline or major sponsor the opportunities to spread your reach can be huge. Advertising tends to come as standard on all the events marketing including web sites, email marketing, advertising, but be clever and you can get more involved - creating social media campaigns or other content that align you to the event and build your exposure.  

4. Big or small 

Whatever the size of your business, there is likely to be a sponsorship  opportunity for you. Larger firms may be interested in becoming a headline sponsor - like Caxtons for the Kent B2B’s. Not only does it give them great coverage across the county - which is their main target market - it also goes to show that they are genuinely interested in the local area and businesses within it. However, if you don’t have the resources for headline sponsorship what can you do? One of the best ideas is to pick up the phone and call the event to see what the other options are - there are usually opportunities to sponsor event bags, perhaps the coffee cups (what a great way to get your brand noticed as people stand, chat and network!) or, even get involved with a workshop or sponsor a networking session. 

5. Make more contacts

For some events, becoming a significant sponsor can also open up the events contacts lists for your business. If you have chosen well this list could be one of the premium benefits to your firm - offering you access to a list of delegates that potentially are interested in you.

Making sponsorship opportunities work is a two fold deal - firstly, you need to ensure that the event you are looking at is in the right sector and that the organisers are targeting your potential clients. Then it’s down to you - negotiate well and you could come out with a package that’s worth far more than the money you pay for it. 

Interested in finding out more about sponsorship of our events? Call Carole on 01732 758530.