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Which are the 4 steps of the lead generation process?



Which are the 4 steps of the lead generation process?


The importance of lead generation cannot be overemphasized when it comes to business development. It is one of the most effective ways for businesses to get new customers or clients. It can also help you identify your best prospects so that you can focus on them more effectively.

A properly structured lead generation campaign will have all these elements working together at various levels to ensure success. However, not every company has the time nor the resources to do everything needed to make sure their campaigns succeed. So which parts should they prioritize first? The answer lies in understanding how lead generation works in the context of digital marketing.

Let's take a look at each part of the lead generation process and see where we stand today. We'll then move ahead to explore more about what exactly does a lead mean in terms of online marketing.

What is the process of lead generate?

According to Hubspot, there are three major processes involved in lead generation - attraction, qualification, and conversion. These three activities form the backbone of any successful lead gen initiative. Let us look into each step individually.

Attraction - This involves attracting potential leads towards you by providing value through content creation, social media engagement, webinars, etc. A good way to attract attention is to create original content such as white papers, eBooks, blog posts, infographics, case studies, etc. You need to provide valuable information that people would want to read or watch. This means making yourself an authority in your field.

Qualification - Once someone starts browsing through your website and sees some interesting material, he may start interacting with you via email or phone call. But before engaging further, you must qualify him to understand his needs better. If possible, conduct a brief interview over the phone or chat to find out why he wants to engage with you.

Conversion - Once you qualify your prospect, you need to convert her into a client. There are many things you can do here depending upon your industry and product/service offerings. For example, if you're selling software products, ask her if she uses certain tools. Then, offer to set up a demo account for free. Or send useful tips related to the tool in question. Make sure you don't just dump your message onto her without asking anything from her first. Always try to keep the conversation going until you know more about her needs.

Once you've qualified your prospect and converted her into a customer, you can now begin to nurture her relationship and build trust. Lead nurturing ensures that your brand remains top of mind even though there might be times when she doesn't interact directly with you. And eventually, you can turn her into a repeat buyer while building a long term relationship.

What is sales lead generation process?

Sales lead generation refers to actions taken by marketers to acquire new customers who could potentially become future buyers. As per Hubspot, there are five key areas in which sales leads come from. They include:

1) Internet search engine optimization (SEO): Search engines like Google play a huge role in driving traffic to websites. By optimizing your site for keywords relevant to your target audience, you increase its chances of ranking higher in SERPs and getting organic visitors. SEO helps you drive targeted traffic to your site and thus improve conversions.

2) Social Media Marketing: Social media sites like Facebook, Twitter, LinkedIn, Instagram, Pinterest, YouTube, etc. enable users to communicate with others instantly. Therefore, these platforms give businesses a chance to reach millions of prospective consumers at minimal cost. Also, since people spend hours looking through different profiles, brands tend to rank highly among them. Hence, social media plays an important role in generating sales leads too.

3) Content Marketing: Content marketing focuses on producing high quality pieces of written, audio, video, or visual materials that add value to readers' lives. When done well, it attracts links back to your own website which increases traffic. Thus, it improves your visibility on Google and other search engines.

4) Online Advertising: Digital advertising includes display ads, banner ads, sponsored tweets, paid listings, etc. All types of advertisements run across multiple channels including social media networks, blogs, forums, etc. While display ads tend to perform poorly compared to other forms of advertising, they still have a place in lead generation.

5) Events & Webinars: Companies hold events to promote themselves or host webinars to educate their audiences. Such events typically involve speeches, presentations, seminars, workshops, roundtables, etc. Since attendees are already interested in the topic, they usually end up sharing information about it afterward. Many companies use this opportunity to capture contact details of those present during the event. Later on, they follow up with emails containing promotional offers, newsletters, whitepapers, etc., thereby increasing both awareness and interest in the brand.

There are many ways to go about generating leads besides using traditional methods such as cold calls and direct mailers. One thing worth mentioning here is that while sales lead generation requires consistent effort, it pays off big time once you have established yourself as a trusted source within your niche.



What are the stages of a sales lead?

In order to determine the right approach to take when generating leads, let's break down the whole process into smaller segments. Here are the main phases in a typical sales lead lifecycle.

1) Attraction phase - During this stage, you'll be trying to bring potential leads closer to you by offering valuable information or services. To achieve this, you will need to leverage several tactics such as writing articles, videos, podcasts, etc. You can also opt for paid advertising options available on the internet. Some examples include Pay Per Click(PPC), Display Ads, Video Ads, Sponsored Tweets, AdWords, etc.

2) Qualification phase - After having attracted the attention of your prospect, you will next need to qualify him to figure out whether he meets your criteria for being considered a fit for your business. Ask questions like "Why did you visit my page?" or "How do you feel about buying our solution?". Try to gather enough data so that you can craft personalized messages to address his concerns, desires, pain points, etc.

3) Conversion phase - At this point, you'll finally be able to convince your prospect to purchase your product or service. Offer something special to entice him to buy instead of giving away his personal information freely. Use incentives like discounts, free trials, coupons, etc.

Now that we have covered the basics, let's dive deeper into the world of lead generation. Next, we'll learn what else goes behind the scenes of lead generation in B2B marketing.

What comes after a lead?

After qualifying your prospect, you will need to nurture him so that he becomes loyal to your brand. Here are a few ideas to consider:

Automate your entire journey with CRM software

Nurture prospects based on behavior rather than demographics

Create a community around your brand

Use automation to scale your efforts quickly

Get testimonials from happy customers to share on your website

Send weekly updates to your subscribers

Ask for feedback regularly

These techniques work because they tap into human psychology. People respond better to other humans rather than machines. That said, you shouldn't confuse automated systems with artificial intelligence. AI makes decisions based solely on rules defined by programmers whereas machine learning algorithms adapt to changing circumstances automatically. Both approaches serve a purpose but only the latter provides results that can match human intuition.

So far, we have looked at the basic components of lead generation in B2B marketing. Now, let's dig deeper into specific aspects of lead generation in digital marketing.

If you have a clear picture of the overall lead generation process, you'll be better equipped to choose the appropriate tactics or combination thereof. Remember that lead generation takes time to yield results. Keep investing consistently and don't expect quick wins. Instead, aim to gradually grow your list size.

For instance, if you're starting out with small budget, you can always leverage PPC ads to gain initial traction. Over time, you can expand your ad spending budgets as your ROI grows. Similarly, inbound marketing strategies like blogging, guest posting, social media, etc. require patience and consistency. Don't expect immediate returns. Instead, put in the necessary time upfront to reap benefits later on.

The first step towards any successful business venture or project is understanding why it needs to be done at all. With that said, one must understand the importance of having a solid business model before embarking on anything else. And, if you want your business to grow quickly, then lead generation will play a crucial role in helping you achieve that goal.

In fact, many experts believe that lead generation is more important than SEO (search engine optimization) for businesses looking to expand their reach online. While it may seem obvious, most people simply overlook the need to generate new leads by focusing only on increasing traffic through search engines like Google. Instead, they should think about how they can use paid advertising campaigns and other methods to bring new customers into their company.

While there's no denying that using social media effectively can help drive traffic to your site, generating leads is an entirely different matter altogether. It takes time, patience, persistence, and effort to build relationships with potential clients over a period of months. This doesn't mean that you shouldn't look into ways to increase your visibility via social networks though. You just have to make sure that you don't let those efforts take away from your lead generation goals.

So, here we'll discuss some of the best practices related to lead generation techniques so that you know exactly which way your business should go when seeking new prospects.

What are leads generation in sales?

This question has been asked countless times over the years -- but the answer still remains elusive. There aren't really specific numbers as far as how many individuals are actively looking for a new job or business opportunity every year. But according to Forbes' 2013 survey report, approximately 2 million Americans quit their jobs each month due to unemployment. That means that there are around 10 million people who would consider themselves "unemployed" right now.

It also seems logical to assume that these people were previously employed somewhere else and had left because they didn't feel appreciated anymore. They probably weren't getting promoted fast enough either, or perhaps they felt too much pressure trying to meet deadlines. Whatever the reason was, these folks are currently searching for something better elsewhere. So, even though the number isn't concrete, it's safe to say that there are millions of qualified candidates who could potentially become your next client.

And since you're already reading this article, chances are that you've identified yourself as someone who sells products or services directly to consumers. If you haven't yet decided what type of business you'd like to start, then you might want to learn more about B2B (business-to-business) instead. Since both types of companies sell similar kinds of goods and services, the two are often confused. Even though the names sound similar, however, B2C refers to companies whose primary focus is selling consumer products while B2B focuses primarily on providing solutions to businesses.

As mentioned earlier, there are several reasons why you should invest in lead generation strategies. For example, you can try to attract more visitors by offering special deals exclusively on your website. Or maybe you'll decide to create content that talks about industry trends and relevant news stories to keep readers interested throughout your articles. Regardless of whether you choose to offer freebies or not, the point is that you should always strive to add value to your audience whenever possible.

But aside from offering additional perks to existing followers, another good option is to leverage email marketing tactics to promote your brand. Most business owners prefer this method because it allows them to interact with prospective clients without spending money upfront. However, when executed correctly, email marketing offers numerous benefits such as increased conversions rates and higher ROI (returns on investment).

Where can I find digital marketing leads?

There are plenty of places online where you can easily locate quality B2B leads. One common place that attracts lots of attention is Quora.com. The question-and-answer platform features hundreds of thousands of topics ranging from personal experiences to business advice. As long as you spend a little bit of time browsing its pages, you'll likely come across questions regarding your own niche market.

Another popular resource is LinkedIn. According to Statista, the professional networking service boasts more than 200 million users worldwide. Although the majority of people sign up for this tool to connect with old friends and colleagues, others use it to promote their products and services. In addition, the network hosts various groups that allow members to post blogs and share information pertaining to certain industries.

For instance, there is a group called Marketing Professionals Group (MPg), which is dedicated to discussing the latest trends within the field. These professionals regularly participate in discussions held within this forum and provide valuable insights to other members. Likewise, there is also the Marketing Community Forum, which provides a space for marketers to communicate about issues related to their industry.

If you happen to specialize in software development, then you can check out Stack Overflow. The Q&A community serves as a repository for answers to programming questions posted by developers all over the world. This includes everything from simple syntax errors to complex problems involving code logic and algorithms.

Of course, there are dozens of websites available online that feature lists of targeted keywords and phrases. When used properly, these tools can greatly improve the performance of your webpages and landing page ads. Just remember that you should never rely solely on keyword research alone to determine which terms to target when building your campaign. A lot of factors need to be considered including competition level and user behavior patterns.

How do I find out where my leads are coming from?

Once you identify the ideal prospect for your business, you can begin communicating with them via email. But before you send off your messages, it's essential that you learn how to track your results. Fortunately, this task is fairly easy thanks to a variety of platforms designed specifically for tracking customer interactions.

One of the simplest ones to implement is Hubspot. After signing up for a free account, you'll receive access to powerful analytics reports that show you detailed statistics about your entire list. From there, you can see things like total response rate, conversion rate, open rate, clickthrough rate, etc. All of these metrics tell you how effective your emails actually turned out to be.

You can also set up automated drip campaigns that automatically deliver new messages to subscribers based on predetermined criteria. Another useful feature is the ability to segment your contacts based on demographics, interests, location, purchase history, etc. By doing this, you can further customize your messages depending on the individual recipient.

Google Analytics is another great choice for monitoring your campaign. Not only does the program allow you to view visitor activity on your webpage, but you'll also gain access to data regarding mobile device usage and referral sources. All of this information helps you optimize your campaigns so that more people end up converting into paying customers.

Although it may seem daunting at first glance, learning how to manage your leads efficiently is actually quite straightforward once you get started. Once you figure out the basics, you won't ever have to worry again about forgetting to follow up with potential clients.

How do I get Google leads?

When it comes down to finding fresh leads, it's critical that you utilize multiple channels. In order to maximize engagement and reduce bounce rates, it's imperative that you develop a multi-channel approach consisting of organic listings, PPC (pay per click), display advertisements, and direct mailers.

For starters, you should definitely include your contact details on your website so that anyone looking for your product or service knows where to find you. Then, you can use pay-per-click ads to boost the visibility of your listing among prospective buyers. Display ads usually appear alongside editorial posts and other content on high-traffic sites. Similarly, you can use sponsored links to advertise your products on highly trafficked forums. Lastly, you can opt for traditional print advertisements that highlight your logo and product descriptions.

On top of these three options, you can also use cold calls as part of your lead generation strategy. Although this tactic is less commonly used today, it certainly wasn't unheard of back in the day. Many entrepreneurs relied heavily on telemarketing to acquire new clients. Today, however, it's mainly reserved for larger corporations with substantial budgets. Still, if you're able to land a few warm leads, then you can give it a shot!

Regardless of which technique you decide to employ, it's important to realize that lead generation is a continuous process. No matter how many leads you accumulate initially, you should continue nurturing them until you eventually turn them into loyal customers.

Digital Marketing has become an integral part of every business' operations. If not handled properly, it could prove disastrous for the company's image or even its future prospects. Lead Generation plays a major role here as well. It helps companies identify their target audience before they even reach out to them through various channels like email  or social media platforms.

In short, lead generation generates interest from prospective customers who would eventually turn into paying clients. The first step towards effective lead generation involves identifying the right people that need to be targeted by the company. Once identified, there should be communication between both parties so that proper follow up takes place. Finally, the last step includes generating more leads which will help increase sales volume.

Let us take a look at these three points one by one.

1. How do I find a Digital Marketing Person?

There are several ways to locate a good candidate but if you're looking for someone who knows how to create quality content for your website then start with Google search. You might also want to check LinkedIn profiles where professionals usually have a link to their personal websites. Another option could be checking blogs and forums related to your industry. However, make sure that the candidates you choose understand all aspects of SEO (Search Engine Optimization) because that's the key to getting visitors on your site.

2. Can you Generate Leads With Your Digital Marketing Skills?

Yes! But only when you know how to use those skills effectively. To begin with, you must build trust among your target audience. This entails having a clear idea about why they should join your brand. Then comes the next stage - providing value to them. So, don't just give away everything for free without asking anything in return. Thereafter, offer valuable information to them such as newsletters, white papers, webinars etc., so that they get used to seeing your name regularly.

3. How can Digital Marketing Generate Leads?

The main aim of each campaign is to attract attention. Therefore, the best way to achieve this objective is by using the latest technologies available today. For instance, video marketing has proven itself quite useful in recent times because it allows businesses to connect better with their audiences. It is also easy to implement and doesn't require any special training since anyone can watch videos created by others.

However, video campaigns may not work for everyone so another popular choice is Facebook Ads. These ads allow brands to promote products and services directly within users' news feeds. They provide instant results and cost less than other forms of advertising. Moreover, with over 2 billion monthly active users, Facebook is one of the most visited sites on earth.

4. Why Lead Generation Is Important in Digital Marketing?

Without leads, no amount of marketing efforts can yield fruitful results. As mentioned earlier, lead generation ensures that a potential customer gets interested enough to contact you while ignoring irrelevant calls made by telemarketers. Thus, this is a crucial aspect of every successful marketing program.

Accordingly, you must develop a strong connection with your target market so that they feel happy sharing their thoughts and opinions regarding your product/service. And once they share something positive about your brand, you'll never forget to ask for feedback again. After receiving this kind of response, you'll easily convert them into loyal followers.

So, now that we've looked at the four vital components involved in lead generation, let's move onto the second half of our guide: tips on how to execute your own lead generation plan.

Tips On Executing A Great Lead Generation Plan

Here are some basic rules that will help you put together a solid plan:

Identify your ideal client profile. While doing so, keep things simple. Don't go overboard trying to include demographics, income levels, job titles, age groups and interests. Just focus on specific groups of individuals based on the type of service or product needed.

Be smart with your budget. Make sure the money you spend does not exceed 10% of total revenue generated. Also, try to allocate a portion of your budget specifically for cold emails. Otherwise, your chances of hitting jackpot decrease drastically.

Don't forget to test different approaches. Experimenting with different types of advertisements such as text messages, banner ads, popups, etc. can bring significant improvements in terms of ROI (Return On Investment).

Always write down notes after meeting new contacts. Record details like names, number of years working in the field, experience level, current position held, etc. Keep track of any relevant conversations you had with them later on.

Remember that time management is essential when executing the plan. Try to schedule meetings during off hours so it won't interfere with daily activities. Also, ensure that you set aside adequate time to send personalized messages. The final goal is to ensure that you always stay top-of-mind in mind of those who matter the most.

Now that you have learned the basics behind lead generation, it's time to apply them. Follow along with these simple steps and reap the benefits of increased conversion rates:

Create a list of all possible resources required for execution. Create a spreadsheet listing all of these items and assign dates for completion.

Research the competition. Find out what similar companies are offering and whether they are selling the same thing. Compare prices against competitors' offerings. Evaluate your strengths and weaknesses vis-à-vis your rivals.

Develop a compelling call to action. Identify the primary benefit offered by your product/service and come up with a catchy slogan that makes prospects want to buy immediately. Use words to describe features rather than numbers.

Establish goals. Set realistic targets for lead generation programs. Write down deadlines for achieving certain milestones. Review progress on a weekly basis.

Keep moving forward. Do not rest until you hit 100% success rate. Remember, patience pays off.

With these few pointers in hand, you should have no problem implementing a powerful lead generation strategy that will boost sales volumes and revenues significantly. Now, it's time to see how much money you stand to save. Here are two examples of lead generation plans implemented by two different B2B organizations:

One organization was able to reduce costs by 60%.

Another saved $10 million annually due to improved lead generation techniques.

If you think that the above figures sound too high, you'd be wrong! According to Forbes magazine, many large corporations have reported savings ranging from 20%-70% thanks to digital marketing practices.

For example, a study conducted by IBM revealed that the average employee spends 90 minutes per day searching online for jobs. That translates to around 25 days worth of lost productivity each year. If that were true, the company's annual losses would be equivalent to $19.5 million. Fortunately, IBM found that lead generation resulted in reduced labor expenses by 40%, thus saving the firm $9 million.

And these were just two examples. All across industries, lead generation methods have been shown to deliver impressive results. Henceforth, if you believe in yourself and your abilities, it's time for you to start making moves. Get started with lead generation and transform your company into a leader in your niche.


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Anyleads

San Francisco

We are the leading marketing automation platform serving more than 100,000 businesses daily. We operate in 3 countries, based in San Francisco, New York, Paris & London.

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