On average, organizations generate nearly 2,000 leads a month and nearly 90% of that is from online lead generation. As a business, you need to channel your resources into finding high-quality leads online.
Unfortunately, many businesses focus on just getting contacts and random leads online, so converting them becomes an even higher expense. This post will show you how to acquire sales-qualified leads online for long-term business growth.
Lead generation is simply the process of identifying your ideal customer profile and getting their data so you can further build a relationship with them.
Since the process of converting from a prospect to a customer takes time, especially for B2B companies, the data collected is a great way to start a conversation, tailor your offerings to their needs, and stay in touch until they convert into actual paying customers.
The most important rule in generating leads online is to not buy contact lists. They are often generic, not verified, and most likely not people who will purchase your product/service. Instead, find high-quality prospects using any of the following methods;
Your customers are on social media and for B2B businesses, they are most likely very active on Linkedin and Twitter. Rather than sending emails and hoping they interact with them, take the initiative to find them and build a relationship on these networking channels.
To generate leads on Linkedin, you can do this manually by using the search function to find people in specific industries, locations, companies, or based on job titles.
LinkedIn groups are also a great way to answer questions and spark conversations that will position your brand as a thought leader.
Generating leads on Twitter is also similar. Simply use the Twitter advanced search to find prospects. Engage with their content, leave comments, and build a relationship from there on.
These are not feasible options especially if you want to generate a large number of leads on LinkedIn and Twitter. So instead, use a tool like lemlist designed to help you find these users, send automatic connections that won’t get you banned, send messages, leave comments and so much more.
The conversion rate for B2B webinar attendees is 55% which is why you should be taking advantage of this method. Provide an opportunity for your prospects to ask questions and learn, you can position your business as a solution.
Start by doing research on what topics your ideal customer profile would most engage with. Next, flesh out the topic and create a very engaging landing page that communicates the benefits of the session. It’ll also be to capture their details for follow-up.
After this, build a relationship during the webinar by asking questions and nudging them to ask their questions. Remember that this period, your end goal is to educate so don’t start pitching your product. Instead after following up post-webinar, you can then introduce your business.
Also, after the event, you can host the webinar on your website for future prospects who might be interested in the topic. Provide an option for them to download it in exchange for their contact information.
Everyone likes free stuff that can help them at work. So think about content at the intersection of what you do and what they need. For example, if your customers love to use statistics and data, they will love a resource like industry reports.
Work with your team to create free templates, whitepapers, infographics or even a free tool. To allow your prospects access to this content or tool, use a lead generation form to collect and verify their details.
With their consent, you can include them in your email marketing campaigns and nurture them until they convert.
Setting up tripwire funnels with PPC ads is a great way to attract high-quality leads. While you’re still offering a resource that’ll alleviate their pain points, the difference here is that it is low-priced.
So we recommend using digital products like ebooks, mini-courses, and similar resources since they offer instant value. Just make sure you include irresistible items when creating it so that the low price will look like a steal and make it even more valuable.
Once you have your product, create highly targeted and compelling ads that’ll link to a personalized landing page for lead capturing. After getting the resource, you will have already set workflows designed to upsell to these leads.
Since it’s ads, you want to constantly track and optimize them to get the best ROI. So evaluate everything - the copy, resource, ads, landing page, and even pricing.
If your business model requires you to have a consultation with a client, investing in your YouTube channel is a great place to start. Create a video answering all the questions potential clients might have and then reel them into your sales funnel by offering a consultation they can book using your link.
DM Mortgages is a real-estate business that targets homeowners or first-time property buyers. To reach people who are already interested in their service, they created a YouTube channel offering advice.
They then link to their website and offer consultation services to capture these leads. This already positions them as a thought leader in the real estate business and keeps them at the top of mind for their prospects
For starters, if you’re a SAAS company, add your product on review sites and listings like Product Hunt and G2. This is because many prospects go there to decide on options for their needs. So include your value proposition, software images, and more.
Then nudge your current satisfied customers to leave positive reviews that will boost your credibility and ranking.
You should also invest in SEO content. Do this by identifying high-volume keywords that are related to your B2B business. Then using these keywords, optimize your homepage and landing pages to improve your ranking on search engines.
We also recommend creating informative blog posts that address your ideal client’s challenges and that’ll showcase your expertise as a business.
Partnering with complementary businesses can help you reach more prospects and acquire more leads. A great example is Hubspot’s Academy and Chatfuel’s partnership. By creating a mutually educative resource for one campaign, both companies generated leads and got conversions.
To replicate this for your B2B business, identify your ideal partners. Look out for businesses that complement yours but don’t directly compete with you. Then together develop valuable content and marketing campaigns that will feature both of your solutions.
Once you launch the campaign, use each other’s resources to reach an even wider audience. This could be social media pages, email marketing lists, communities and so much more.
During this campaign include UTM parameters in your links so you can track the leads generated from this partnership. Over time, you can also use it to analyze what is working and what isn’t to improve your collaboration terms.
While B2C companies mostly focus on using Instagram to generate leads, B2B and SAAS companies use Pinterest. For example, if your business creates multiple templates, you can add them there and get links back to your platform.
Formplus is a form-building software that offers form templates to generate leads. In addition to its template pages, the company has a Pinterest account that links to these templates.
So people looking for inspiration find these templates and use the software to edit them.
People go on Quora and other discussion forums to get solutions, especially around work. So it’s a great chance to build thought leadership. Answer questions that are related to your business and link back to your platform as a solution.
An example is how this finance coach is reeling in leads by answering questions relating to finance on Quora.
Businesses that also use Quora ads have seen up to 4x more conversions. So you can experiment with running these ads and measuring how effective they are for your business.
There’s only so much you can do manually. To increase your efficiency and scale your lead generation, you need to invest in lead generation software like lemlist. These tools help you automate manual tasks like targeting high-quality leads, capturing them, verifying their contact information and even the initial contact you make.
Depending on what option you choose, you can create automated campaigns to ensure they are sales-qualified to improve your sales conversion rates. With a lead generation software, your sales team can focus on closing deals rather than prospecting.
It also offers valuable data analytics and insights to help you improve campaign performance, understand lead behavior and improve your strategy for increased ROI.
Finding high-quality leads might seem like a lot at first, but investing in the channels you know your ideal customers use and providing valuable resources is what will get them interested in what you have to offer.
But pairing these tactics with an AI-powered tool that’ll help you find an ideal buyer using advanced filters and search is a sure way to widen the top of your sales funnel. Learn more about it here.
G2 Rating | Price | Best for | Standout feature | Con | |
---|---|---|---|---|---|
4.9 star star star star star | $30/mo $75/mo $2,999/mo | Large, distributed sales teams | AI evaluation precision, gamified KPIs | Lack of tracking system | |
4.6 star star star star star-half | Not publicly available | Sales operations and finance teams | Powerful configurability | Limited training resources and complex to navigate | |
4.4 star star star star star-half | Not publicly available | Mid-market and enterprise businesses | Comprehensive incentive management | Potentially high cost and steep learning curve | |
4.7 star star star star star-half | $15/user/mo $40/user/mo Enterprise: custom price | Complex sales structures and businesses of all sizes | Complex sales structures and businesses of all sizes | Steep learning curve | |
4.6 star star star star star-half | Not publicly available | Collaborative teams | Connected planning | Complexity and steep learning curve | |
4.6 star star star star star-half | Not publicly available | Companies with complex sales structures | Complex incentive compensation management (ICM) with high efficiency and accuracy | Complexity for smaller teams and potentially high costs | |
4.7 star star star star star-half | Not publicly available | Companies who want to automate commission calculations and payouts | Simplicity and ease of use | Lack of features like redirection | |
4.7 star star star star star-half | $30/user/mo $35/user/mo Custom: upon request | Businesses that need a comprehensive and user-friendly sales compensation management software | Ease of use and adoption | Lack of ability to configure the product based on user needs | |
4.8 star star star star star-half | Not publicly available | Companies with modern sales culture and businesses who want real-time insights | A built-in dispute management and real-time visibility | Users say it works slowly, customer support is slow | |
4.9 star star star star star | $30/user/mo $50/user/mo | Smaller sales teams | Powerful automation | Lesser user base and average user interface | |
4.7 star star star star star-half | Not publicly available | Companies with scalable needs | Automated Commission Calculations | Lack of filtering by date, no mobile app |
PRM Tool | Rating | Feature | Pro | Con | Mobile App | Integrations | Free Plan | Pricing |
---|---|---|---|---|---|---|---|---|
4.65 star star star star star-half | Org-wide alignment | User-friendly layout and database | Suboptimal as a personal CRM | square-check | Lack of tracking system | square-check | Team: $20/month Business: $45/month | |
4.7 star star star star star-half | Social Media Integration | Easy contact data collection | No marketing/sales features | square-check | Lack of tracking system | square-xmark 7-day trial | $12/month | |
4.75 star star star star star-half | Block Functions | High customization capability | Not a dedicated CRM | square-check | Limited | square-check | Plus: €7.50/month Business: €14/month | |
N/A | Open-source | Open-source flexibility | Requires extensive manual input | square-xmark | Limited | square-check Self-hosted | $9/month or $90/year | |
3.1 star star star | Simple iOS app | Ideal for non-tech-savvy users | iPhone only | square-check iOS only | Limited | square-xmark 1-month trial | $1.49/month or $14.99/month | |
3.6 star star star star-half | Smart Contact Management | Feature-rich and flexible | Reported bugs | square-check | Rich | square-xmark 7-day trial | Premium: $13.99/month Teams: $17.99/month | |
4.4 star star star star star-half | Customizable Interface | Customizable for teamwork | Pricey for personal use | square-check | Rich | square-xmark | Standard: $24/member Premium: $39/member | |
4.7 star star star star star-half | Integrated Calling | Integrated Calling | Too sales-oriented & pricey | square-check | Rich | square-xmark 14-day trial | Startup: $59/user/month Professional: $329/user/month | |
4.8 star star star star star | Business Card Scanning | Business Card Scanning | Mobile only | square-check | Limited | square-check | $9.99/month | |
4.45 star star star star star-half | 160+ app integrations | Comprehensive integrations | No free app version | square-check | Rich | square-xmark 14-day trial | $29.90/month or $24.90/month (billed annually) |
Capterra Rating | Free Trial | Free Plan | Starting Price (excluding the free plan) | Maximum Price (for the most expensive plan) | Best for | |
---|---|---|---|---|---|---|
4.5 star star star star star-half | square-check 14-day | square-check | €15/month/seat billed annually | €792/month/3 seats billed annually + €45/month for each extra seat | Versatility and free plan | |
4.2 star star star star | square-check 30-day | square-xmark But it offers reduced price to authorised nonprofit organisations | €25/user/month | €500/user/month billed annually (includes Einstein AI) | Best overall operational CRM | |
4.3 star star star star star-half | square-xmark | square-check Limited to 3 users | Comprehensive incentive management | €52/user/month billed annually | Small-medium businesses and automation | |
4.5 star star star star star-half | square-check 14-day | square-xmark | €14/seat/month billed annually | €99/seat/month billed annually | Sales teams and ease of use | |
4.1 star star star star | square-xmark | square-check Limited 10 users | $9.99/user/month billed annually | $64.99/user/month billed annually | Free plan for very small teams up to 10 |
CRM goal | Increase the sales conversion rate for qualified leads from marketing automation campaigns by 10% in the next 6 months. | ||||
SMART Breakdown | 1. Specific: It targets a specific area (conversion rate) for a defined segment (qualified leads from marketing automation). | 2. Measurable: The desired increase (10%) is a clear metric, and the timeframe (6 months) allows for progress tracking. | 3. Achievable: A 10% increase is possible based on historical data and potential improvements. | 4. Relevant: Boosting sales from marketing efforts aligns with overall business objectives. | 5. Time-bound: The 6-month timeframe creates urgency and a clear target date. |
Actions | Step 1: Refine lead qualification criteria to ensure high-quality leads are nurtured through marketing automation. | Step 2: Personalize marketing automation campaigns based on lead demographics, interests, and behavior. | Step 3: Develop targeted landing pages with clear calls to action for qualified leads. | Step 4: Implement lead scoring to prioritize high-potential leads for sales follow-up. | Step 5: Track and analyze campaign performance to identify areas for optimization. |
Outcomes | Increased sales and revenue | Improved marketing automation ROI | Marketing and sales alignment | Data-driven marketing optimization |