Approximately one-third of businesses drown within their first two years just because they fail to generate leads. And almost 60% of marketers find lead generation as the most difficult task. Companies spend a large chunk of their budget on web designing and marketing, but sometimes even the best-designed websites often fail to generate leads, where all they are lacking is the right lead generation strategy.
Your business success majorly depends on your lead generation strategy. If you succeed to generate more leads, but if you have an average product – you will still win.
For your venture to scale quickly and for consistent lead generation, you must learn how to generate leads. This guide on “ how to generate leads” will help you with everything you need to know for generating leads for your company.
Before moving forward to lead generation strategies, let’s first understand what lead and lead generation is?
A lead is an individual or organization with an interest in what you are selling and who may eventually become a client. Their interest is expressed by visiting your site or sharing contact information, like an email ID, a phone number, or even a social media handle.
What is Lead Generation?
Lead generation is the process of attracting and converting prospects into someone who has previously shown an interest in your company's products or services. The process is intended to generate leads with the hope of nurturing them throughout the buying process and convert them into paying customers.
What is Lead Generation in B2B?
B2B stands for business to business. This is where a company will sell its products and services to other businesses. And if we talk about lead generation in B2B, it is nothing but the process of identifying the ideal business clients for your product or service, then attracting them to buy.
Increase your revenue and grow your business today with these 10 amazing lead generation strategies.
The first step of lead generation is identifying your potential target audience. You can't successfully reach and sell to your ideal customer if you don't know them exactly. So it's important to research your audience and come up with a clear understanding of:
After knowing your target audience, you can plan your lead generation strategies accordingly.
Pro Tip: You can use Google Analytics to learn more about your customers and there are various advanced analytics tools that can help you know your customer behaviour and demographics. You can even study your competitors and identify what audience base they are catering to.
Once you know your target audience and their demographics, you can plan the right strategy to reach them accordingly. Then you need to create a proper sales funnel and funneling all prospects to a standard form or landing page that encourages them to share their contact information, generally in return for a free gift, a coupon, free ebook, free download or some other value-added incentive.
Pro Tip: At this point, it is vital to have a customer relationship management (CRM) database that will help you track potential customers' behavior through the entire process.
Once the customer visits your sites, your website needs to be well optimized for lead generation. When it comes to lead generation, typically you are trying to capture a prospect’s contact information, such as their name, email address, phone number, and other qualifying attributes that will aid your lead generation and selling process. So here we have some tips to optimize your web pages :
Pro Tip: Make sure to have mobile responsive, intuitive and user-friendly web design as about 90% of the global population use mobile devices to be online and interact with digital businesses.
For getting a good number of leads, you need a well planned promotional strategy that will get your products and services in front of your target audience. There are a number of ways you can promote your business, and again, you have to identify the most effective methods for your business.
Some marketing ideas for Lead Generation are content marketing via informational websites, blogging, guest posting, influencer marketing social media, affiliate marketing, industry events, current customer referrals, pay per click (PPC) advertising, and traditional advertising.
Pro Tip: Use multiple strategies to promote your brand so that you can reach wider audiences.
By using Google login, you can personalize your efforts and enhance your customer experience by providing them easy access to accounts. With Google login, you can acquire more leads to your business by limiting the amount of information that they need to input in the signup forms. That’s how successful companies are generating leads for sales and it can work for you, too.
Running a contest or special offers is one of the best lead generation strategies to know when you are learning how to generate leads. It can generate a ton of email and social leads in a short span of time. It works like this – brands offer a special prize in exchange for participants to refer a minimum of three other friends, share content, and like their social media profiles. The purpose of running any special offer or contest is to create an urgency among viewers to take certain actions.
Pro Tip: You can add free gift, shopping coupons or limited offers to grab more customer attention
Direct customer engagement should be one of your top priorities when you aim to drag more leads. If your business sells a high-value product or a service then direct engagement with a potential customer is a great approach to generate new opportunities. Even if your revenue model operates on low-value high-volume sales, it is the best strategy to follow for more user engagement and lead generation.
Pro Tip :You can reach out to prospects directly through social media, email, by phone, or you can make use of live chat, forums, and help centers – where your customer service representatives are available 24*7to make sure every query is answered and resolved properly. More direct engagement enhances customers’ experience and results in better word-of-mouth and more leads.
LinkedIn is a business-centric social networking website with 2x the buying power that your average web audience has. It could be one of the best platforms known for bringing new clients to your business too. Linkedin is widely popular for lead generation in b2b and also allows you to run lead generation campaigns.
Lead Gen Forms on LinkedIn are among our most popular ad products, because of the way they directly support lead generation. By integrating this feature with your LinkedIn campaigns, you can collect valuable leads and customer professional details while minimizing hassle and friction for users.
Pro Tip: Keep your lead generation forms fresh and follow up with leads in a timely manner.
With the ever-changing landscape of digital advertising, the fight for grabbing the audience's attention and lead generation is also growing.Using social media to advertise is also a great way to expand your reach to social audiences and generate more leads. You can use targeted pay-per-click advertising and retargeting to serve ads for searches extremely relevant to your business, increasing the likelihood that those people who know you will convert.
Pro tip : You can use Email marketing for advertising by which you can reach the target audience directly in their inboxes.
Existing Customer referrals are one of the oldest and successful lead generation strategies that can help you get good leads. If your product or service has delighted a current customer, you can ask them to share their experience with their friends who also might benefit or you can introduce any thriving offer like refer two other friends and get 30% off .
Pro Tip: Your most loyal customers are probably going to be the ones who refer to your brand the most, acknowledge these groups by creating a customer loyalty program.
Lead generation is not a one day task,it should be thought of as a long-term and continuous process. If you get the right strategy with an efficient system, you can streamline the lead generation process and increase your opportunities for business growth.
Let's have a quick glance on the best lead generation strategies, we have discussed above.
If you are new to this online world, not feeling comfortable to implement these lead generation strategies on your own but interested in getting more leads for your business and growing your company, the experts at JanBask Digital Design can help. Our marketing agency can help improve your lead generation and meet your bottom lines.
Hope this guide on “how to generate leads “can help you learn the best strategies to generate sales leads.
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