As reported by Hubspot – “61% of marketers say generating traffic and leads is their top challenge”. Whether you talk about B2B business or B2C, in online business world entrepreneurs tend to refer to their future customers as leads. And usually online entrepreneurs try their best to reach specific groups of potentially interested people and generate valuable leads for their businesses.
However, reaching right people and convince them to purchase is not a piece of cake. If it is not taken seriously, it may result in severe consequences when it comes to business performance and reputation. Only if you follow the best lead generation practices you have chances of succeeding.
Once you read this article you will know:
What is lead generation?
Lead – generic vs marketing definition
As mentioned before – the term lead can refer to a consumer that may be interested in a product or service you offer and dispose of a specific amount of money enabling them to purchase. It is a generic definition, but in the digital marketing world the term has slightly evolved.
When digital advertisers or online entrepreneurs talk about leads they rather refer to a person who leaves their personal data (name and surname) and contact information (email address, mobile number) on a business website or who signs up for a newsletter. What should be emphasized here is the fact that all this data is quoted voluntarily and is usually provoked by some kind of inducement or a top-notch offer.
In the digital marketing world the overall activities resulting in (or at least trying to) obtaining personal data and contact information of potential clients is called lead generation. To put it brief, lead generation is just a process of getting new leads (customers) for your online business.
There are dozens of available tools enabling you to achieve your business goals but you need to always have in mind that the essence of lead generating is reaching the right target group who might be interested in purchasing products or services you offer. What is more, if you appropriately target your campaign you may acquire customers which were not even aware that they needed your solution. However, there is no point in collecting data from absolutely not interested random people as they simply won’t bring any value to your online business.
How to generate leads?
Generating leads is strictly related to a conversion which is a specific action taken by visitors, such as signing up for a newsletter or free coupons, purchasing, leaving personal data and contact information or signing up for a webinar. The higher the conversion rate is, the better as it is a great indicative of successful (or the opposite ;-)) marketing and web design meaning that people desire what you have to offer and they go for it.
In order to generate valuable leads for your online business you need to go through the lead generation process step by step.
Step 1: Potential leads identification
Using a request of quotations or a demo free version of your product you may define the level of interest your product or service generate and enables you to create a customer target profile.
Step 2: Implementing sales funnel or marketing funnel
Sales and marketing funnels are on the lips of literally every single digital advister. No wonder – they are highly efficient and prominent tool that can turn your newborn business into a lucrative undertaking.
Step 3: Dividing your potentially interested customers into groups
As a key to divide you can use their age, sex, interests, wealth, geographical location or even marital status and improve personalization of your lead generation campaign.
Step 4: Action
Taking appropriate actions in order to encourage all the members of the groups to choose your offer. It can be done by sending a personalized and convincing message, offering discounts or coupons. Only if you get interest of your potential customers and inspire trust they will be prone to leave their personal data.
As you can see generating leads is based on scrupulous definition of target customers and creating messages that will show your leads-to-be that your solution will fulfill their needs and it is an absolute necessity in their lives.
What are the best lead generation ideas?
Since you already know what is lead generation and how to generate leads, let’s check where you should look for them. There are numerous sources of leads and lead generation ideas and you should choose the most suitable for your business.
These are standalone websites created specifically for marketing purposes. They should be rich in valuable content and their messages should encourage visitors to take a desired action such as purchasing or signing up for a newsletter. A crucial element of every single landing page is a CTA button (Call-To-Action) and every decent landing page has to dispose of one. If you haven’t designed landing pages ever before the best idea is to use a landing page builder which makes the process carefree and easy even for newbies.
If you are an expert in your field (especially in a niche area) you can try to create a guidebook with practical and highly useful information. It can serve you as a lead magnet on your landing page that you will send in exchange for subscription. Or you may just try to sell it right away as those who are interested in your niche will probably bump into it while researching the Internet.
Platforms such as Instagram, Facebook, Instagram, Twitter or Pinterest offer endless possibilities when it comes to lead generation. According to Hootsuite – “One billion people use Instagram every month (and half of them use it every day)” – what makes a business profile on social media a necessity for every single online business. Remember about systematic posting, responding to comments and sharing your successes. It can truly assist you in reaching new heaps of potentially interested customers.
How to plan successful lead generation marketing?
Lead generation marketing can significantly impact on your online business performance and help you in outperforming your competitors. If you approach the subject in a professional and state-of-the-art manner it can genuinely bring you measurable benefits to your business. It is worth mentioning that building prominent lead generation marketing is not only a time-saver for digital marketing gurus but also a huge money-saver for you.
Hence, it is essential to plan carefully your lead generation marketing and in order to do this you need to have in mind:
Summing up – effective and professional lead generation marketing makes a huge impact on your online business and help it thrive. It can provide you with benefits on many levels and if you take care of it appropriately the odds of reaching the right people with the right message in the right time are in your favour.