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Why Business Travel is Essential for Expanding Your Business Network

November 15, 2024
18 min read
Why Business Travel is Essential for Expanding Your Business Network
Business travel has always been an important part of building up your network. It gives you opportunities to meet with your clients in real life, attend networking events, and learn more about new markets.

While it’s super exciting, it has its own advantages and challenges you need to overcome. However, your business network is what will help you succeed in the long term, and the truth is that face-to-face interactions allow you to connect on a deeper level with your clients and partners compared to communicating online.

In this article, we’ll dive deeper into learning more about why you need business travel and the importance it has in expanding your network.

The importance of business travel for expanding your business network

It’s quite clear that business travel is an important part of many companies' checklists, but what triggers them to send employees out on corporate journeys?

There are many reasons why companies invest in business travel and right now, we’ll see why.

1. Builds stronger existing relationships

Many corporate travelers who have never met with their partners or clients now have a chance to expand their business network. Meeting online is the new trend, but face-to-face meetings allow deeper and more authentic connections.

In-person conversations have different emotional triggers and establish a strong sense of trust and mutual understanding that is important for long-term business relationships.

However, if you want to dive deeper into learning more about building stronger relationships during travel, follow these set of rules:

  • Show interest: People value the interest you show them. You can show interest by asking important questions and carefully listening to what they have to say. This level of interest shows mutual respect and establishes a sense of trust between both parties.

  • Prioritize face-to-face meetings: Meeting in person means that you have a lasting impact. In-person meetings allow you to establish genuine connections much more easily. Virtual meetings have grown to 77%, so it’s now your time to make an impact when meeting with people in real life.

  • Follow up with your network: Regular communication establishes healthy relationships and keeps everything going strong. Follow up with emails, calls, and virtual meetings after you meet in real life.

  • Seek to help your new contacts: After you’ve met in real life, it’s never a bad idea to address the needs of your business contacts. This helps in building a stronger connection and presents mutual respect.

Following up after face-to-face meetings is a great way to keep a strong connection and something we recommend you do at all times.

2. Creates new opportunities for your business

You never know which connection might be your new ticket to skyrocketing your business growth. Networking is an important part of creating new business opportunities and corporate travel offers endless opportunities to connect with potential clients, partners, and industry peers.

Here’s an overview of how business travel is creating new growth opportunities for your business:

  • Expands market reach: Traveling to different regions of the world allows you to explore new markets. This helps you learn more about customer needs and challenges, allowing you to adjust your offerings and even find new revenue streams.

  • Finding new clients and partners: Attending industry events, client meetings, or any other type of meeting allows you to engage with partners and clients who might not always be available for online meetings. Also, partners and clients, you are already doing business with can refer you to others that might potentially be interested in doing business with you.

  • Helps you develop local credibility in different markets: Visiting new markets allows you to learn more about different cultures and consumer behaviors. This can improve your business strategy, especially if you are targeting different regions of the world, and improve your business reputation.

  • Allows you to spot trends: Corporate travel gives you the ability to get in-depth insights regarding emerging trends and how competitive new markets are. Staying updated with these trends allows you to learn more about new business markets and seek new growth opportunities.

  • Learning opportunities: Exploring means learning and this grants you fresh perspectives on different marketing and management practices that you can use for your product or service in the future.

Business travel goes further than just meeting in person, but it’s ongoing growth. Different environments unlock doors to new collaborations that help your business grow in the long term.

Flowlu helps you capture these opportunities by centralizing contact details, tracking potential leads, and organizing insights gathered during your trips, ensuring no opportunity goes to waste.

3. Helps you adapt to local markets

Business travel has expenses along the way, but the truth is that regardless of the money you pay, you are getting value for the money invested in traveling for business purposes. Especially if you are looking to explore a new market, business travel is an excellent way to help you meet specific market demands, making your business more competitive on a global scale.

Exploring new markets helps you widen your professional network in the following ways.

Understanding local customer preferences

Visiting a new area in person and meeting new locals allows you to dive deeper into learning more about local consumer behavior, preferences, and expectations. All of which might be quite challenging to find when working remotely.

The new connections that you make while you are on business travel can tell you more about local customers, especially those who are working with a local audience. This helps you make adjustments to how you approach a new market when selling your product and service, and making adjustments to your marketing strategy to meet the specific needs and preferences of your target audience.

Helps build cultural awareness

Languages and social norms differ between regions. Business travel allows professionals to experience these differences and helps them increase their cultural awareness. Cultural awareness is important for building stronger customer relations and avoiding any mistakes when communicating that could potentially offend someone unintentionally.

Gives you an insight into competitors

Business travel allows you and your team to dive deeper into learning more about your competitors. Maybe the next person you meet might be your competitor, or the network you build will give you more in-depth details about your competitors.

Every new market you dive into requires you to learn more about your competitors and what kind of measures you need to take to differentiate from them and be aware of their next move.

Allows you to connect with local partners and clients

Local partnerships are the key to successful market entry. Business travel is great since it offers face-to-face meetings with potential suppliers, distributors, and partners, which allows you to build trust and create relationships with local partners and clients.

Having a strong local network is important if you want to learn more about local regulations, and what the consumer expectation of the market is.

Regional regulations and compliance experts

Each region worldwide has a different set of compliance requirements. Professionals you meet on-site, either at a networking or industry event, can help you learn more about regional regulations and compliance, or even redirect you to compliance experts.

This helps you learn more about local legal boundaries and make sure that you are avoiding any mistakes that might hurt your business reputation.

Identifying local opportunities and trends

New local network connections can help you identify any ongoing trends that may soon become global ones. Many companies that were once local became global after they expanded to new markets. A good example is Ali Baba and Ali Express.

Therefore, it’s important to stay ahead of trends as they can provide a competitive advantage and help your brand connect with local clients and partners on a deeper level.

4. Allows you to gain valuable insights from industry leaders

Business travel allows you to meet lots of industry leaders and this is your chance to shine, but where exactly are all these industry leaders most active? Let’s find out:

  • Conferences and events: Industry events and conferences gather leaders and experts who share their experiences and insights through workshops and panels. When you are attending these events in person, it helps you learn more about your industry and even build a relationship with these experts. 95% of professionals agree that in-person connections are important for building long-term relationships. In short, conferences and events allow you to learn more from industry experts about trends, tech advancements, and industry forecasts.

  • One-on-one meetings with mentors: Meeting one-on-one is probably the best way to exchange ideas on the spot. One-on-one meetings can be established after you’ve met an industry expert from an event or conference, or even have communicated with them before your arrival. These types of meetings have a more personal interaction with them and can make it easier for you to ask for guidance, discuss all industry challenges you might be facing, and get personal advice on what you can do better.

  • Collaborative workshops and training sessions: Business travel events will usually include hand-on workshops and training sessions that are led by industry experts, where participants can work together on real scenarios and different types of case studies. Interactive sessions allow you to gain experience, and give you insights on what you should add to your business strategy next.

  • Setting up long-term mentor relationships: Industry leaders can always serve as your mentors and it’s important to have them to grow your business network. They can also meet you with new people that might be the reason your business grows. These people can easily serve as mentors, guide you all the time, and help you overcome complex challenges.

In-person business travel offers many opportunities and allows you to learn and discover new business opportunities.

5. Gaining referrals and recommendations

Last but not least, referrals and recommendations are another huge advantage you receive with business travel that directly expands your professional network. Business travel makes it easier for you to gain recommendations and referrals as people are more likely to connect with you when they have some sort of personal interaction.

Moreover, referrals can be earned in some ways, which include:

  • Creating a personal bond: Since in-person meetings allow you to connect on a deeper level, this makes people more comfortable to endorse you and refer you to their network. People who know you are more likely to refer to you compared to those who don’t know much about you.

  • Showing commitment: Traveling to meet your clients and partners shows how demonstrated and committed you are. This shows that you are serious about business and more likely to make it easier for you to expand your business network.

  • Events: Industry events, conferences, and even trade shows are great opportunities to get referrals from contacts you meet on the spot.

  • Informal introductions: Business travel makes it easy for informal networking, which is going out for lunch or coffee where people will feel much more relaxed and encourage open communication. This is where you can get lots of referrals and expand your business network.

Referrals have a snowball effect and there are different ways to generate them when traveling. While online meetings are common, they will never have the same personal interaction level as face-to-face meetings.

6. Helps increase employee job satisfaction and team connection

Stepping out of your comfort zone and daily routine is highly motivating for employees. Business travel breaks your monotony of continuously doing the same activities every day. Changing this routine helps employees feel a different level of energy, increasing their well-being and job satisfaction. 79% of employees claim that business travel experiences have a strong influence on their overall job satisfaction.

Breaks up the regular daily routine

Regular work routines lead to employee burnout and monotony. Changing this daily routine makes employees feel more engaged and motivated when returning to the office. This helps employees stay more focused when traveling and give out positive energy when interacting with new clients and business partners.

Better opportunities for the professional growth of employees

Business travel involves attending conferences, networking events, workshops, all of which have a positive influence on the employee’s skills and industry knowledge. Team members who are exposed to new ideas, insights, and industry trends help them learn more about professional growth and even improve communication skills with clients and business partners.

Employees who are responsible for building client and partner relationships now have a chance to learn more about how to expand their professional network which also has a positive influence on the business itself.

Fosters employee trust and value

Sending out employees for business trips helps build confidence and trust in their abilities. Business travel is important for building stronger relationships with your clients, colleagues, and partners.

Face-to-face interactions create a sense of trust and collaboration between team members which is highly important for you when attending events and interacting with clients. After all, you can’t interact with all clients on your own, so your team members must know how to do so the same way you do.

Business travel will always remain the backbone of expanding your personal network

Business travel helps build trust, fosters long-term connections, and allows you to get ongoing guidance from industry experts that will benefit your business in the long term. These in-person experiences improve your existing relationships with partners and clients, business credibility, and increase your exposure to new markets.

After interacting with potential clients and partners in real life, whether it be at an event, conference, or somewhere else, you’ll have the opportunity to follow up with them even after and expand your business network. It’s the backbone of your long-term success, so it’s important to have valuable people in it.

Business travel is more than just handshakes and exchanging business cards—it’s about nurturing those connections and turning them into long-term wins. That’s where Flowlu comes in.

Flowlu helps you keep your post-trip momentum going by organizing your contacts, tracking follow-ups, and managing tasks—all in one place. No more lost connections or missed opportunities. With Flowlu, every meeting has a purpose, every task gets done, and your network keeps growing.

It’s not just about managing business—it’s about making it thrive.

FAQs
See the most answers to the most frequently asked questions. You can find even more information in the knowledge base.
Knowledge base

While virtual meetings are convenient and have become a norm, business travel allows for face-to-face interactions that foster deeper connections, trust, and mutual understanding. In-person conversations trigger emotional connections and help establish long-term relationships with clients, partners, and industry peers.

Corporate travel opens doors to new opportunities by allowing you to explore and understand different markets, build local credibility, and gain insights into customer preferences and competitor strategies. By meeting potential partners and clients in person, you can tailor your business approach and establish a strong foundation in new regions.

Using tools like Flowlu can streamline the entire process. Flowlu helps you organize your contacts, track follow-ups, and manage tasks post-travel, ensuring every connection is nurtured and no opportunity is missed. This allows you to focus on growing your network while staying on top of the details.

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