Depending on the organisation, the definition of the term “lead” may vary. For some companies, a “lead” is a contact already determined to be a prospective customer, whereas other companies consider a “lead” to be any sales contact. But what remains the same across definitions is that a lead will potentially become a future client. Sales teams therefore have a responsibility to convert a maximum amount of leads to maintain a good conversion rate.
Imagine you have 125 leads. Every lead has engaged with your business in unique ways, and they’re in different stages of your sales funnel. It’s not humanly possible to glance at a lead and recall how closer/farther they are to your business—until you use lead scoring technology. Lead scoring is a method by which you define parameters to qualify or “score” a lead in the CRM. So a CTO might get 15 points by virtue of their designation, and a lead who clicked on a link in your email might get 10 points (versus a lead who only opened your email and gets 5 points). All these points add up, and the higher the score, the hotter the lead. Putting a score on a lead cuts down your decision-making time in terms of which lead you should contact first.
WebiMax is truly a pleasure to work with. They’ve taken the time to understand our business and have been at the forefront of the industry when it comes to proposing new ideas to grow our account. Their focus on driving sales has helped us achieve and exceed our online targets. Their professionalism and expert knowledge makes them a valuable ally for anybody looking to succeed in paid search advertising. We look forward to a continued, successful partnered future.
Build an email list. There is a system for working with leads. The first step is getting them to be aware of and take an interest in what you have—by visiting your website, for example. The next best step is to ask your leads to sign up for your email list. You can get them to sign up by offering something for free, such as a report or something useful, from your website. For instance, if you're selling wellness products, then you might offer a guide to good-for-you ingredients or recipes. This will allow you to communicate with your prospects and provide valuable information related to your business and the general field that it's in, such as special sales, events, news, and research—and stay top-of-mind to your past, current, and possible future customers. Just be sure that you're following the laws and regulations regarding email marketing.
When an MQL displays sales-ready behavior, like requesting for a demo or signing up for a free trial, they become a sales qualified lead. These leads are usually handed over by the sales team to an Account Executive (AE). SQLs are close to making a purchasing decision, so the quicker the AE acts, the higher their chances of conversion. A good way to identify an SQL is by applying the BANT framework—do they have the Budget, Authority, Need and Timeframe to buy from you?
When it comes to lead services, most businesses do not have as much to offer you as we do. In fact, most of our competitors do not even offer true qualified leads. Instead, they pull as much information as they can from public records, especially from secondhand public records databases that may not be accurate in the first place. After all, when was the last time you saw one of those “data aggregator” websites that was actually legitimate?
Next, the advisor confirmed that he was connected with all his advocates. In one case, he still had to send an initial invite to connect. After that, the advisor was given the assignment of spending an hour looking at all his advocates’ connections. He could only review two contacts’ connections, but was still amazed at how many high-end prospects were listed. All of this information was free. Lastly, using a non-salesy approach, he asked for introductions.
REALTIME SOCIAL MEDIA PROSPECTS: We are now offering a revolutionary and NEW patent-pending Social Media Business Opportunity Lead. We enhance our prospects' contact information with their social media website links and pictures (so you can contact your optin prospects via social media), their job/career information (so you can determine that they have money to start your home based business) and their professional and business information (very valuable to judge your prospect's skill set and limit your prospects to professionals and business people). Get your leads instantly after they are generated!
While inbound marketing is getting a lot of buzz, a well-rounded marketing mix should include both inbound and outbound marketing strategies. Inbound works for broad lead generation activities, but outbound is good to amplify your inbound efforts, and target specific opportunities. So what exactly is outbound marketing? It’s using outbound channels to introduce your message and content to your prospects, typically through rented attention, rather than making your content and messages availableon your own properties.
Another way to generate leads from social media is to run a contest. Contests are fun and engaging for your followers, and they can also teach you a ton about your audience. It's a win-win. Read our step-by-step guide for growing your email list using social media contests, which covers everything from choosing a platform, to picking a winner, all the way to analyzing your results.
Search Engine Optimization (SEO) is incorporated in the SEM. It is a process that adjusts and changes the content of the website and its architecture such that it is ranked higher in the result pages of the search engines. There are tools available online to make your website or specific web pages search engine optimized. The generation of leads depends a lot on how many people your website can reach and Search Engine Marketing is the best way to achieve that.
A highly effective step by step strategy that deals with the single most common and frustrating problem for anyone in business: the problem of gaining access to the correct audience. No other skill is as directly connected to your ability to achieve success as the skill of getting in to see the right people. This approach will help you cut through bureaucracy, identify the people you most need to see. You’ll find that you can get in front of your desired prospects–regardless of their position or level of experience–faster, more effectively, and with less expense. It represents a new way of thinking about gaining access and overcomes the problem of getting through to the right people.
Advertising should be nothing less than ”salesmanship in print,” i.e. it should do the same job that a top sales person would do face to face. If you approach advertising in a scientific manner, following proven principles and facts, it no longer has to be a gamble. There are many extremely effective ways of using advertising in a highly targeted manner, that can’t help but grow your business. This includes 1) advertising only in media that reaches a sufficiently large number of the kind of people you’re trying to reach 2) focusing the entire thrust of your communication on your prospect’s interests, not your own 3) giving your prospects enough information and education and 4) offering them something appealing that’ll get them to respond now.
Most of what you read, see, and hear in the media got there with the help of PR. The media are insatiably hungry for factual, interesting, and newsworthy or entertaining information they can share with their customers, members, employees, listeners, viewers or readers. PR, approached correctly, will give you free coverage on radio, television, in magazines, newspapers, trade journals, newsletters, e-zines, and via Web sites who serve the marketplace you’re trying to reach.
MoFu: Leads in the middle of the funnel need nudging. They’re not completely clueless about what you do, but they’re not ready to buy either. They have many questions about your business, and they’re also starting to compare you with the competition. Be prepared to share content like case studies, testimonials and videos that continue to educate and yet make a strong case for your brand.
With the new buyer it is important to note that your marketing efforts don’t end once a new lead comes into your system – what we call Top of the Funnel (TOFU) marketing. Many companies do a good job at generating leads, but the problem is that most new leads are not ready to buy yet. And if a sales rep does engage and the lead isn’t ready to talk with them, it reinforces the notion that marketing sourced leads are not great. As a result leads get lost, ignored, or snatched up by your competitors.
Property listings on online home search sites usually contain one or more real estate professionals as a point of contact. Listing agents may want to conduct extensive research into advertising rights before choosing a site to purchase leads from. Exclusivity to leads that request more information on a listing vary depending on the site’s policy. In some cases, leads are sent round-robin to other agents that have purchased leads in a designated zip code, even if one agent is listed as the main point of contact.
Lead generation falls within the second stage of the inbound marketing methodology. It occurs after you've attracted an audience and are ready to convert those visitors into leads for your sales team (namely sales-qualified leads). As you can see in the diagram below, generating leads is a fundamental point in an individual's journey to becoming a delighted customer.