ROI is probably the most important metric in lead generation. The calculation is fairly simple: it’s the profit or loss you make from investing in a lead, compared against your initial investment. Let’s say you spent $15 capturing each lead, and a lead is worth $20 to you. Your profit from a lead ($5) against your initial investment ($15) gives you an ROI of 33%.
Building any real, successful business takes time. Nurturing your social network presence, crafting a solid email marketing campaign, diligently working on creating and producing quality content–all of these tasks require a significant amount of time and focus. You’ll expend energy, but you have to move out of your comfort zone to achieve results – particularly when it comes to building your lead generation campaign.
This is the most powerful, persuasive marketing weapon available to any business. It drives customers to try products or services more than any other marketing technique … more than advertising, salespeople, direct response, and public relations combined! And contrary to what you might expect word-of-mouth is not out of your control. There are dozens of techniques for launching your own highly successful word of mouth campaigns, based on an all-important Decision Matrix and a proven seven-step process.
Your website is where the magic happens. This is the place where your audience needs to convert. Whether it is encouraging prospective buyers to sign up for your newsletter or fill out a form for a demo, the key is to optimize your website for converting browsers into actual leads. Pay attention to forms, Calls-to-Action (CTA), layout, design, and content.
I am a Network Marketer myself and I think I have seen more than enough in this industry. I have struggled and experienced all the pain in getting the right people to join my business or buy my products. I've spent a lot of money on getting leads, buying solo ads, buying this and buying that just to grow my business. But I came to realize it, all doesn't work... the tendency is, you can buy leads but how many people have the same list of leads as yours? Now, have you experienced calling bought leads? - I DID! Nobody ever answered me. It was very difficult I must say.
Agents need not be afraid to diversify with new lead sources. The internet may be chock-full of horror stories from agents who wasted time and money on paid online leads, but most don’t tell the full story. Agents should ask colleagues not only what sites they capture leads on but also their strategy for converting said leads. The bottom line is real estate will always be a people business. Agents who understand how online leads are generated and how to personalize their online buying and selling process will experience the greatest success.
Online lead generation is an Internet marketing term that refers to the generation of prospective consumer interest or inquiry into a business' products or services through the Internet. Leads, also known as contacts, can be generated for a variety of purposes: list building, e-newsletter list acquisition, building out reward programs, loyalty programs or for other member acquisition programs.