The 5 Types of Business Networking Organizations

The following excerpt is from Ivan Misner, Ph.D. and Brian Hilliard’s book Networking Like a Pro. Buy it now from Amazon | Barnes & Noble | IndieBound

Business professionals who don’t have a lot of spare time often ask us which networking groups provide the biggest bang for their buck. There are five main types, and what works best depends on the business they’re in and the prospects they want to meet.

Here’s a quick rundown of the most familiar types.

1. Casual contact networks

These are general business groups that allow many people from various overlapping professions. These groups usually meet monthly and often hold mixers where everyone mingles informally. They may also hold meetings where guest speakers present on important business topics or to discuss issues concerning legislation, community affairs or local business programs.

The best examples of these groups are the thousands of chambers of commerce active across North America and elsewhere in the world. They offer participants an opportunity to make valuable contacts with many other businesspeople in the community. By attending chamber events, you can make initial contacts that will be valuable in other aspects of developing your referral business.

But, because casual-contact organizations aren’t tailored primarily to help you get referrals, you have to exert effort to make them work. For example, you can volunteer to be a chamber ambassador, a position that that requires little time commitment but provides much exposure. Sitting on committees helps you get to know members better. Most of all, you need to attend events regularly so you can take advantage of every opportunity to strengthen the relationships you form.

2. Strong contact networks

Organizations whose purpose is principally to help members exchange business referrals are known as strong contact referral groups. Some of these groups meet weekly, typically over lunch or breakfast. Most of them limit membership to one member per profession or specialty.

Strong contact networks provide highly focused opportunities for you and your associates to begin developing your referral marketing campaigns. You won’t meet hundreds of businesspeople in this type of group, but all the members will be carrying your business cards around with them everywhere they go. The net result is like having up to 50 salespeople working for you! With a program…