Why is lead generation important?

To go ahead with lead generation importance let’s take a look at this points.

  • What is the lead?
  • Lead generation process
  • What is lead nurturing?
  • Lead generation strategies
  • Lead generation importance

What is the lead?

A lead is typically used in business and marketing to define someone who provides contact information such as their name, email address, and phone number in exchange for information about the product or service. This information can be collected through a variety of methods, such as a web form on a company’s website, lead magnets, a phone call, or an in-person meeting.

Let’s look at this example. John likes Gucci and now he is looking for a Gucci wallet with a removable card case. For that John types in Google “Gucci wallet with a removable card case” to see the prices. He enters to Gucci’s website and provides his email for further information and coupons. That’s all, John has already all the potential to be considered lead for Gucci.

When the first step has done like someone entering personal information, clicking on the ad on Facebook, or just entering our website, we need to lead them to the buying decision, building a strong relationship with our through the buying journey.

If looking at this in a more structured way, here we have to convert our lead to a marketing-qualified lead(MQL). MQL is defined as a type of lead that has been identified as having a higher likelihood and chances of becoming a customer compared to other leads(Someone who has given the email for the product’s prices is more likely to become a customer than someone who has just clicked on our ad on Facebook).

Lead generation journey

Lead generation process

First, a visitor finds your business through one of your marketing channels and mediums, such as your website, blog, Youtube channel, or other social platforms.

The same visitor then clicks on the CTA(call-to-action), stumbling upon the button or image, or another action-encouraging thing. For the third step, the visitor is landing the page, which we call a simple “landing page”, which is a page that is designed to capture information about the lead in exchange for something(that can be a free course, image, discount, course on so). In the last step, the lead is filling out the form and becomes a lead.

What is lead nurturing?

Lead nurturing is the process of “persuading” your lead to buy when they still don’t feel confident about their decision. There is a Marketo statistic about the leads, that claims that on average, half of the leads in any given system are not yet ready to buy. Sending targeted email campaigns, personalized communications, providing resources, segmenting prospects, and tailoring your approach to prospect stages. can help to nurture your leads and increase conversion rates. Lead nurturing is an ongoing effort to keep your business in your leads’ minds, build trust, and convert them into paying customers.

Lead generation strategies

1. Retargeting website visitors with ads

Retargeting website visitors with ads (also known as re-marketing) is a strategy that allows companies to target ads to people who have previously visited a website. This is done by placing her cookie on the visitor’s browser. This allows the company to track your online behavior and show you ads while browsing other websites.

2. Use email marketing

Actually, 89% of marketers use email as the primary channel for generating leads. This and other email marketing statistics claim the importance of feedback and emails. Below are some strategies to follow.

  • Send a welcome email to introduce yourself and thank your new contacts for attending.
  • We provide valuable content that helps solve problems and improve lives.
  • Use segmentation to create targeted and relevant email campaigns.
  • Personalize your emails with the recipient’s name to increase engagement.
  • Generate new contacts on a regular basis with automated email campaigns. Provide incentives to encourage new contacts to take action.
  • Discounts or Free Trials.

3. Use CTAs and better-optimized landing pages

Using a clear and compelling call-to-action (CTA) button in your email marketing campaigns can greatly increase your chances of generating leads. Your CTA should stand out and use actionable language, such as B. “Sign In” or “Read More”.

Optimizing your landing pages for lead generation is also important. This includes clear, specific forms for capturing contact information, minimizing distractions, and highlighting the benefits of conversion. Additionally, you can use A/B testing to experiment with different headlines, images, and layouts to determine which design works best for your audience.

There a lot of strategies and tips for better lead generation, but for all them you need to remember about user-centric inbound approach.

Lead generation importance

According to the report of Hubspot, 61% of marketers consider generating traffic and leads to be their biggest challenge. Just imagine, more than half of marketers are facing the issues like getting more traffic, customers, or leads. 53% of marketers spend more than half of their budget on lead generation and only 18% of marketers think that the outbound marketing strategy is effective for lead generation. Lead generation is a crucial aspect of a company’s sales and marketing strategy as it helps identify and qualify potential customers. This is a continuous process of identifying and attracting potential customers for a company’s products or services. Discover more leads and have more growth as an output. Read about top digital marketing blogs for more information.

Be aware!