The Secret of Lead Generation
A strong lead generation plan should be at the base of every business marketing plan. After all, every business has a product or service to sell, and needs prospective customers to convince to use their particular product. Therefore, all the marketing a business does, from direct mail to search marketing, is for the purpose of generating leads. And if it’s not - it should be.
Even when you’re marketing for brand awareness, you’re actually conducting lead generation. Building your brand name is just to get top of mind awareness of your product in consumers’ heads. Then, when they need a product you can provide, your name naturally pops into their head. That leads to a prospect, which turns into a paying client!
There are many forms of lead generation. The ‘power-media’ of the past such as commercials, print ads, billboards and radio commercials may be all well and good for brand recognition building, but leave much to be desired in the lead generating category. You just can’t target your audience specifically.
Other traditional marketing techniques, such as direct mail and telemarketing, allow you to better target your audience. That way, if you’re selling office copiers, you can specifically contact offices and companies, rather than blasting your message over the television to every demographic in America. Smart, logical lead generation saves money and leads to higher conversion rates.
Of course, some of the best lead generation tactics come from Internet marketing. Out of all forms of marketing, online advertising probably allows you to best target your audience and be the most creative. With search marketing (such as Google Adwords) you can target your text, audio or video ads ONLY to those searching for a product or service you provide. This ad then sends the user to your website, where, if you have it set up right, you can capture them as a lead.
Of course, you have to offer something worthwhile in exchange for a consumer’s information. Lead generation is all about give and take. Your offer needs to be either off the wall creative, or just to good to pass up. You can use your blog to get people to sign up for updates, or offer free coupons to your services.
Information is power, so if you’ve got it, share it - the offer of a quality informational report will often draw in leads. For example, if you are an event planner in need of holiday business, put together the ‘Ultimate Office Part Guide’ that includes tips, tricks, coupons and invitation templates for planning a holiday part in exchange for a user’s name, email and phone number. If you want their contact info, you gotta give in return!
The bottom line when it comes to lead generation is identifying your target audience down to the tiniest demographic, and than coming up with creative ways to target that audience to get your brand name in front of them OR to collect their contact information. Once you get their information, you move from lead generation to lead follow-up, and that well that is a whole new ball game!
Posted: March 8th, 2008 under Marketing.
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