If you are not hitting your pipeline goals, you might be ignoring the easiest way to generate revenue: a systematic referral program. Mason Cosby argues that most organizations leave millions of dollars on the table simply because they do not know how to ask for referrals effectively.

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Many revenue leaders fall into the trap of thinking referrals are serendipitous or awkward to request. In this episode of Scrappy ABM, Mason breaks down a repeatable process to turn referrals into a scalable revenue engine. He explains exactly when to make the ask, how to structure incentives so everyone wins, and why even offboarding can be a prime opportunity for growth.

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What We Cover

1. The three common referral camps: Why most companies either never ask, only get referrals by accident, or rely on a single salesperson to do all the work.
2. The "Wingman Referral" concept: How to structure incentives (inspired by Acquisition.com) that reward both the person making the referral and the new prospect.
3. Asking at the close: Why new customers are actually the best source of referrals immediately after they sign the contract.
4. Leveraging QBRs: Using Quarterly Business Reviews to remind happy clients about referral incentives with a one-time invoice discount.
5. Monetizing offboarding: A strategy to waive final invoices in exchange for introductions when a client leaves due to budget cuts.
6. The economics of referrals: How to calculate the right incentive amount based on your existing Customer Acquisition Cost (CAC).
7. Target Account Mapping: Moving away from generic "who do you know" questions to asking for specific introductions within your target market.

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Resources

1. Acquisition.com: The source of the "Wingman Referral" concept mentioned by Mason.
2. Scrappy ABM: Visit for more ABM tips and strategies.
3. Connect with Mason: Connect with Mason on LinkedIn for a conversation about ABM.

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If you enjoyed today's episode and found valuable insights for your business, be sure to subscribe to the Scrappy ABM podcast for more expert discussions. Don't forget to leave a review and share this episode with your team or fellow marketers!