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Inbound Networking Groups Will be Lead by Marketing Agencies Who Know How to Network

 

Just 7 days after proposing the inbound networking concept , I've been pleasantly surprised by the interest in Inbound Networking. People are writing  blog posts about it, there are 20+ comments on the original post, there are <LOVE IT> retweets, etc.

For the last few weeks, I've been talking to High Mobley about starting a group, Jason Kallio has already recruited members for his, and there are about 20 HubSpot partners waiting for next steps.

My plan is to help marketing agencies form, lead and own these groups. At HubSpot, my team has helped 100s of marketing agencies grow their business. These agencies, in turn, have helped 1,000s of businesses grow theirs, by signing up these customers on retainer. On average, a HubSpot customer who works with a partner spends a few thousand dollars per month on marketing services and generates about 100 leads/month from their website, as a result of the work that the partner does. The ROI is there. However, it can be better. And we can serve more companies better if we: 

  1. Have a way for small businesses to learn inbound marketing and start generating leads without investing $2k/mo+ right away.
  2. Have a way to help small businesses get their content shared by other small businesses who trust them enough to share it.

But, this will still take a lot of work and a committment of time and money by each member of the inbound networking group. Based on my experience running networking groups, that doesn't happen without a strong leader, who has the trust and respect of their members, and the ability to focus the group to do what they need to do.

In order to lead a group like this, the leader will need to be:

  1. A strong networker
  2. A strong inbound marketer

In the next post I write, I'll propose what I think each member should pay and what work the leader of the group should do for each member, in order to justify that fee. 

Thoughts?

Comments

Peter. Been meaning to answer your other post. Interesting concept and the fact I am already in a BNI group, I can appreciate how important effective networking is for a business that wants to grow. I'm Onboard to learn more about starting a group. I had mentioned the idea to my group after our conversation a few months ago.
Posted @ Tuesday, June 19, 2012 4:31 PM by Tommy Spero
Now you're getting me excited! Sounds like a potential Inbound Marketing Roundtable where members bring their issues/challenges, and the group, with facilitation and guidance from the leader, creates solutions like a defacto BOD. It will take trust, commitment, discipline, but it could also get more small businesses benefiting, and agencies developing a different kind of incubator revenue stream. It's starting to make sense.
Posted @ Tuesday, June 19, 2012 4:38 PM by Greg Linnemanstons
Peter -- really like this concept because it will help millions of micro businesses take advantage of the benefits of inbound marketing and HubSpot at a scale they can afford. With such opportunities, micro businesses can become the F500s of tomorrow. I look forward to future developments and look forward to helping make this concept a reality.
Posted @ Tuesday, June 19, 2012 5:49 PM by Mary Planding
Pete, first, thanks for the link love. 
 
Second, let me express one tiny concern, but first, you know that I'm a huge supporter of networking, both virtual and real. You also know that I'm a supporter of inbound. Here's the concern. Nowhere in your post did I see the words sell, sale or revenue and I think that in addition to being a strong networker and inbound marketer the leaders should be proficient at sales and have a good understanding of sound business practices. 
 
BTW, do you think that everybody sees that you're doing it?
Posted @ Tuesday, June 19, 2012 8:23 PM by Rick Roberge
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