Popular Business Networking Group, BtoB Connect, Announces Growth
through Franchise Offering
Northeast Ohio B2B Referral Organization Expands Reach to Generate
Lucrative Sales Leads for Members Nationwide
CLEVELAND (Business Wire EON) November 29, 2007 --
BtoB Connect, the fastest
growing business-to-business networking group in northeast Ohio,
announced today its intention to expand its organization by offering BtoB
Connect franchises to qualified individuals. The announcement marks
the beginning of its expansion from a northeast Ohio-based company to a
national franchise operation.
Announcing details of the new franchise, Jim
Hornyak, Co-Founder and Vice President said, “The
exploding demand for the services of a B2B group vs. B2C group is what
inspired us to create BtoB Connect, and has now prompted us to introduce
BtoB Connect as a franchise nationwide.”
“Most referral groups promote both business and
consumer-type businesses, making them only marginally productive for
professionals who call exclusively on companies. We’ve
structured BtoB Connect meetings to be like going through the
business-to-business phone book, while other groups are like the
consumer yellow pages.”
Laura Leggett, Co-Founder
and President, notes that, “When people
purchase a franchise, what they are really investing in is a proven,
turnkey system. You must be able to show that your business formula can
be duplicated, and that novices who invest in it are set up for success
so they can replicate the same or similar results.”
“We’ve done our
homework, starting with the prototype chapter begun in January of 2003,
testing formats and implementing improvements based upon feedback from
members. We’ve had members compress their
sales cycle down to two weeks from six months, and one member was able
to position himself for a $1 million dollar project just by finally
getting personally referred to the decision-maker he had been chasing
for the past year using traditional prospecting tactics. The BtoB
Connect format has now been implemented and refined with 14
chapters since BtoB Connect was incorporated in May of 2005.”
Ms. Leggett is quick to point
out that a BtoB Connect franchise is truly unique because ownership doesn’t
require abandoning other business or career interests. Instead, the
power of this franchise is that it can feed a continuous stream of
qualified business referrals to the franchisee’s
core business, making it a key
component of their business development activities. While doing so, the
franchise owner can be developing an additional residual income stream
and building equity in BtoB Connect.
The BtoB Connect franchise offering will be managed by Franchising
Unlimited, a 29-year-old company that has worked with over 555 companies
(including several among the Fortune 500) and sold over 3400 franchises.
The BtoB
Connect structure is different from other business networking
groups. For instance,
-
Membership is restricted to business owners and sales professionals
who do business exclusively
within a B2B environment.
-
Chapter meetings are every other week (vs. weekly), attendance is not
mandatory, lead dispersal is not mandatory and members are encouraged
to join other organizations as well.
-
Each member is given a full 3-5 minutes to present their business at
each meeting versus the traditional 30-seconds, and the agenda focuses
exclusively on generating business referrals.
-
To increase the quality and not merely quantity of referrals,
referrals are not tracked
-
A proven system for personal introductions is used that immediately
transfers trust and provides instant credibility with a prospect for
qualified leads.
-
Membership is limited to 20 members per chapter from non-competing
businesses.
Enhanced Services:
BtoB Connect will now be positioned as a world-class franchise program
that offers franchisees comprehensive back office support, initial and
ongoing training programs, lead generation and marketing assistance,
proprietary web-based applications and solid online/virtual networking
processes.
Most notable of these tools is the implementation of the new “BtoB
Connections” B2B social networking system,
powered by Visible Path, which
facilitates making online connections to reach individuals within a
targeted business. This customized system allows BtoB Connect members to
systematically manage and apply the power of their network. By mapping
out who can introduce you to the right business contact, the system
helps members easily take advantage of the powerful relationship capital
contained within the BtoB Connect organization. This is powerful,
considering that sales meetings are 16 times more likely to occur when
brokered by a contact the two parties have in common, based upon
research conducted by the University of Chicago.
The new application is integrated into some popular business
intelligence and customer relationship management tools, such as Hoover’s,
LexisNexis, Salesforce.com and Oracle OnDemand. Free to members, it can
be used to:
-
Map and manage relationships
-
Access extended social networks to sell, market and recruit more
effectively, while controlling privacy and security settings
-
Find the strongest path or recommendation to targeted individuals
-
Request introductions and referrals through the network, and
-
Integrate member’s networks into their CRM
and business information tools.
About BtoB Connect:
BtoB Connect is a business-to-business networking group with the mission
to dramatically condense the sales cycle and eliminate the high cost of
cold-market business development by providing high quality personal
referrals to business owners and sales professionals calling exclusively
on other companies. BtoB Connect is specifically designed to generate
highly qualified business referrals for business people.
Contact Info
For more information about BtoB Connect, LLC, visit www.BtoBconnect.com,
e-mail membership@BtoBConnect.com,
or call 440-954-7428.
Individuals interested in visiting a BtoB
Connect meeting as a guest, becoming a member or chapter group
leader, or to request a franchise offering circular to secure a new
franchise of their own may contact:
Laura T. Leggett, Co-Founder and President
440-477-3309
lleggett@btobconnect.com
Keywords: business-to-business, B2B, b-to-b, referral, sales
leads, business development, business networking group, networking
groups, social networking, visible path, relationship capital,
franchise, franchising unlimited.
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