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HomeOperationsBest PracticesIs Your Podcast Creating Referrals for Your Business?

Is Your Podcast Creating Referrals for Your Business?

Referrals are one of the most powerful sales tools at the disposal of most businesses. There is nothing like getting that email from a friend or colleague introducing you to someone they think would be a perfect fit.

As you know, those are often the easiest sales and the best customers.

What business couldn’t use more of them?

A podcast can help you build relationships with referral partners, so they can directly refer business to you by making personal introductions. A referral partner might also share your content to people they think can find it valuable and work with you on any large campaigns you may be running, like book and product launches.

You Need to Be Clear, Consistent and Considerate

To get more referrals, you have to ask for them.

But you can’t exactly write a fellow business owner a note that says: “Hey, I want you to come on my podcast so you’ll like me enough to send me referrals.”

It would be weird and gross.

A good referral partner is someone who likes and respects you, and more than that; they believe that you can deliver on the promises your business makes. They need a little time to get to know you. They need to see how you are going to treat them so they know how you would treat any referrals they send your way.

To get those referrals you need a couple of things: you need to know who you want to have referred to you, and you need to create the opportunities to comfortably and politely ask for them.

Hopefully, you already have clarity on your niche and ideal customer avatars, and a rock solid quick explanation of your key offers, so to get more referrals what you need from your podcast is:

  • access to the people who can refer you new business, and
  • a good enough relationship that they are happy to help you.

Usually, this means adding a few steps to your workflow to give yourself the chance to make a really excellent impression.

Create a Consistent Workflow

When you have a really well-optimized relationship building podcast, you have a great reason to talk to your guests about who you want to work with any why, and enough touchpoints with them that making a request for referrals is natural – and sometimes, you don’t even have to ask!

But you should, and that means making sure you have the opportunity to do it through multiple touchpoints over the lifecycle of an episode.

Like:

  • The invitation,
  • Connecting on social media,
  • A prep call,
  • The episode recording, including chatting before and after
  • A thank you note
  • The ‘your episode is ready’ announcement
  • A follow up with feedback and audience comments

If you haven’t yet broken down your podcast workflow into indvidual steps – that is your first task.

Then, you’ll want to experiment with making the actual request at different points. Find out what feels comfortable for you and your guests, and what results in the best outcomes.

I like the post-interview chat for that, as well as the message letting them know your episode is live, and maybe when sharing a little feedback you’ve received from listeners, but you may find different places make more sense.

Then you need to make sure you are doing your share when it comes to demonstrating your value. You have the skills and offers to genuinely help people, and you’re running a reliable, professional operation. This means that your conversations include chances for you to share your own insight, you pay attention to details, you give the guest a chance to really shine, and you invest in high-quality post production. How you treat your guest is how they will assume you treat anyone they send your way.

Finally, You also want to make it an easy ask. That means providing things like a description of your ideal client, your key offers and who they are best for and a little swipe copy they can use. If you offer a referral payment or commission, you can be upfront about that as well. Try to get into the habit of following up with your past guests about referrals, and if you have the chance to make one – don’t hestitate for a moment!

Create the Referral-Generating Machine!

This can all feel a little awkward the first few times you do it, but if you are:

  • sincerely approaching the relationship as one that is mutually beneficial,
  • making sure to do “your share” in terms of highlighting them and their work (don’t skip this part!),
  • being consistent in your requests and follow ups, and
  • supporting your guests through sharing their content and sending referrals back at them when you can…

…then it can become quite seamless, and your podcast will become the referral-generating machine of your dreams.

Megan Dougherty
Megan Doughertyhttp://OneStoneCreative.net
Megan Dougherty is the co-founder of One Stone Creative and author of Podcasting for Business: How to Create a Show That Makes a Bottom-Line Difference for Your Company. As a digital marketing strategist with a background in online business development, she has had the opportunity over the years to work with hundreds of business owners in a huge variety of industries. One Stone Creative Specializes in limited release, practically done-for-you podcast seasons, and ongoing audio and video shows for expert business owners. In 2020 One Stone Creative developed the Business Podcast Blueprints, to help companies and executives dial into the specific ways they can leverage a podcast for their content marketing and business development goals. Megan is also the creator of the State of Business Podcasting Report, an annual research report that examines the top 100 business podcasts to establish trends and best practices for things like show structure, social media marketing and sponsorship for business podcasters. She currently lives in Western Quebec with her spouse, 2 Cats, 5 chickens and dozens of thriving houseplants. When not devising new ways to use podcasts for measurable business outcomes, she painstakingly creates from scratch items that are easily and cheaply available in many stores.
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