Beginners Guide to Generating Leads for Your Business

First, let’s define a lead. A lead is a person who indicates interest in a company’s product or services in some shape or form. Leads provide knowledge, perspective and information on how to personalize customers’ communications that address existing problems. It is important to know how necessary having leads is, and what role they play in the broader lifecycle that consumers follow.

Lead generation in marketing is the act of gaining actionable customer interest for your business’s output. This typically involves a customer initiating a conversation or providing you with their contact information for follow-up regarding your business’s products or services.  Now that I have stirred your appetite let’s focus on generating leads.

Ways To Generate Leads For Your Business

As a business owner, it is important to know that not all leads are the same. There are different types of leads based on what cycle stage they are in and how they qualify.

Take for instance you have three Customers: A, B and C, they represent the different types of leads. Customer A showed interest in your product when your marketing team advertised, while Customer B did not just show interest but took the next step of asking the price and filling out a form to purchase, finally Customer C bought your product and indicated their interest in becoming paying customer to your service team. With this scenario, it is easy to understand the different types of leads and how to work with them. For Customer A, your team has to put out the benefits of your product to convert them from just interested customers to paying customers. While customer B required smaller efforts such as the provision of installment payment strategy for customers.

Now, let’s focus on how to generate these three types of leads.

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Direct Engagement

The first and most important way to generate leads is engagement and communication. Your customers need to know what your services are and how to find them. If your business sells a high-value product or a service that is built on a monthly retainer, directly engaging with a potential customer is a great approach to generating leads. To achieve this level of engagement online, social media platforms serve as a great means of portraying your services to the public and also answering questions relating to your services, as they give more insights into the benefits.

Advertise and Retarget

Digital advertising can take some time to perfect but it can be one of the most effective ways to generate leads for your business. The relevance of your product and services must pop up as often as possible and this can be done by using some advertising strategies such as Google Ads, pay-per-click, as well as website creation. This helps you serve ads for searches you already know are extremely relevant to your business. Also, the presence of a website makes it easier for customers to look up your products and services as well as check out the vision and goals of your brand.

Referral Bonus

Customer referrals are one of the oldest lead generation marketing strategies out there. If your product or service has delighted a customer, ask them to share their experience with their friends who also might benefit. Also, adding an enticing bonus would draw the interest of your customers to share the good news of your services. This would create an eagerness to do more and get more, some of these bonus incentives could include; money, an extra of your product or even a vacation trip, depending on the level or style of your brand.

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Creating Insightful Blogs from Professionals In The Field

Interviewing leaders in your industry can open up a lot of doors for you and your business. Not only is this a great way to network and learn from industry experts, but you can use these interviews to create powerful content. Framing your interview in these different formats will help you leverage the content and bring interested users to your website or social media properties. You can even consider gating the interviews and requesting contact information to improve your business lead generation.

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