How To Generate High-Quality Business Leads: Proven Strategies
What Are Business Leads?
Business leads are people or companies who have, at some point, interacted with your company or service. Maybe they followed you on social media, downloaded a free eBook, or clicked on a PPC ad. But that’s not all. Even when someone has never heard of you, they may fit your buyer persona profile and, therefore, be ideal for cold calling or emailing. High-quality business leads result in increased sales, audience appeal, brand awareness, and sales efficiency. That’s why it’s crucial you use the right lead generation techniques that can bring a steady stream of leads and offer you a competitive advantage. But how do you categorize B2B leads? The most common characterizations are cold, warm, and hot leads. Also, marketers often classify leads as information-qualified (IQL), marketing-qualified (MQL), and sales-ready (SQL).
Basically, the first category is those who are not aware of your product or even your brand. The second refers to online sales leads who have interacted with you and are considering your solution. Finally, the third is prospects who are in contact with sales and ready to buy.
Let’s see how you can use the best demand generation practices to generate interest and attract high-quality buyers.
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8 Strategies And Tactics To Attract Qualified Business Leads
1. Referrals
Referrals are a simple and effective B2B lead generation strategy that attracts business leads for small and large businesses. Happy customers are more than pleased to promote you to their circle and be your advocate. However, they won’t do it just because they like you. You must offer incentives. Most companies that implement this strategy create a referral program offering benefits and discounts to their clients. After you make a sale, ask your customers to join the program if they wish, focusing on the advantages. For every new business lead, they can gain a free trial, an extra feature to their software, discounted products, or even company merch.
2. Nurturing
Let’s say you’ve built a business lead database, including everyone who interacted with your company at some level. How do you approach them? For starters, you should segment them into your buyer personas based on their profiles, interests, and pain points. This way, you can personalize your email drip campaigns and appeal to their unique needs. Next, lead scoring is crucial so you prioritize the business sales leads with the biggest potential to convert. For example, someone who requested a free demo or a call might be a higher-quality lead than someone who joined your email list. But nurturing isn’t done after a sale is finished. Stay in contact with clients and ask them for feedback. You may upsell or cross-sell whenever the opportunity arises.
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3. LinkedIn
If you’re looking to generate new leads in the B2B and SaaS world, LinkedIn is the top platform to include in your social media strategy. Stats show that it produces the highest visitor-to-lead conversion rate, surpassing Facebook and X. The platform offers you the opportunity to attract high-quality business leads, engage with them on a more personal level, and build trust. By publishing educational and insightful posts, you highlight your thought leadership and showcase credibility. Once you spot a decision-maker, you may send them a personalized message as an invitation to connect. Mention them by name and avoid being generic. This is how you will attract corporate leads and win them over.
4. Cold Outreach
Cold emailing and calling may not be among the latest marketing industry trends, but they can still help business lead generation if done properly. First, check local and international laws and regulations, including GDPR, PECD, and DNC limitations. Instead of buying leads and calling people who never consented, use cold outreach tools that provide you with publicly sourced contact information. You may first send an email or message on LinkedIn and ask whether a prospect would be interested in booking a call with you. Personalize your approach as much as possible to show why they should be interested in talking to you. Invest in active listening and empathy and ask questions to gain insights about clients’ needs and challenges.
5. Content Marketing
To attract high-quality business leads over time, you should invest time and resources into evergreen, educational content. A blog section on your website can help you with B2B corporate lead generation, as it shows prospects the depth of your industry knowledge. You can also publish eBooks, webinars, podcasts, whitepapers, and case studies. These are wonderful lead magnet ideas since they lure visitors to click on your content and enter your domain. Additionally, you can turn these into gated content, meaning that people should give you their contact information to download the resources. Therefore, you enrich your B2B sales leads database.
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6. SEO
No matter how great your content is, high-quality business leads will never find you unless you optimize based on keywords and link building. Search Engine Optimization specialists use tools like Ahrefs and Semrush to identify high-volume and high-intent keywords your audiences use while doing their research. You should incorporate many of those into your content to help it rank highly. And that’s not all. You also need a certain number of backlinks depending on the volume of your chosen main keyword. Our advice is to not choose overly competitive keywords, as it is very hard to rank for them. Try to strike a balance between intent, volume, and relevancy.
7. Retargeting
To get more business leads, you have to be persistent and personalize your efforts. With pixel-based retargeting, you follow every action a visitor takes on your website. Based on these actions, you can differentiate your follow-up steps. For example, if someone downloaded a free eBook, they may not be ready for a product demo yet. They may want to receive more informational resources, like whitepapers and articles. So, make your messages personal to appeal to their unique needs. For optimal new business lead generation, ensure you’ve conducted landing page optimization with relevant and clear CTAs.
8. Email Marketing
Referrals, cold outreach, and retargeting are parts of a powerful email marketing strategy. The latter can propel SaaS lead generation when you promote the right content to the right people. Once you’ve segmented your audience, it’s time to craft irresistible copy and captivating images. Automate drip campaigns to send specific messages depending on people’s actions. You can be even more personal by sending birthday wishes, etc. Don’t forget to use A/B testing for your CTAs to ensure you get as many clicks as possible.
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The Latest Trends In Lead Generation
AI And Chatbots
Among the top AI marketing benefits is the fact that smart tools can analyze large datasets and identify behavior and intent patterns. Therefore, you can score your leads accordingly and focus on the ones that are more likely to convert. Your business lead generation proceeds way quicker this way. Additionally, one of the top applications of Artificial Intelligence is chatbots. How can they help you generate high-quality business leads, though? For starters, they can reduce the bounce rate. When someone asks the bot a question, the latter provides them with the appropriate links, and they don’t have to search manually. Not to mention, the bots gather more information about prospects based on their queries and answers. So, your sales team will be more prepared when they target them.
Account-Based Marketing
The B2B landscape has become extraordinarily competitive, making it harder for companies to build a marketing leads database and convert prospects. Account-based marketing tactics are now being enforced by many businesses as a more targeted and personalized approach. Basically, you identify high-value accounts that align with your target audience, and you create campaigns, emails, and ads that appeal to their needs. Instead of trying to charm everyone on your list, you focus on a few key accounts. That’s why you promote case studies, demos, and all sorts of content that speak straight to their hearts. This approach, however, requires impeccable collaboration between marketing and sales teams.
Video Marketing
Short-form and long-form videos are now becoming a trend in the B2B world, and they can’t be missing from your growth strategies for SaaS. Whether you create demos, explainer videos, step-by-step guides, case studies, or vlogs, videos are a must. Focus on what your audience wants to see and hear and mute all the unnecessary parts. New business leads form trust easier when they can see your face and hear your voice. Sure, reading articles is great, too, but videos enhance your credibility and increase your brand awareness. Post these videos on all your platforms, including Facebook, Instagram, LinkedIn, TikTok, and YouTube.
3 Effective Lead Generation Techniques And Examples
1. Email Capture Forms
It’s true that capture forms are very popular when it comes to generating high-quality business leads. However, 81% of people abandon these forms after they start filling them. So, how do you use them successfully to accelerate business growth? For starters, only ask for the necessary information. Then, find a way to connect the form to your content. For instance, if you’re writing about ways to create a marketing plan, use a capture form to push people to download your free marketing plan template. Lastly, don’t use popups all the time. Find the right time and landing page to place them.
2. Side Chat
Remember how we mentioned chatbots earlier? Well, this is what a side chat feature is. Why does your customer acquisition strategy need this? Imagine someone entering your website just to find your software’s price tiers or to ask what your solution offers. If you don’t mention those things clearly or their tabs are not visible on the front page, prospects will likely send you an email. This puts extra pressure on team members to answer messages. Chatbots offer easy-to-answer information and make your sales reps’ lives easier and more efficient.
3. Visitor Identification
So, what happens if visitors don’t fill out your email capture form? Have you lost high-quality business leads? Not really. By using visitor identification software, you know which companies have visited your website. Available tools also provide you with employee details so you can target both companies and their team members. Then, you can highlight visitors with high intent and hand that list to your sales team—the best business leads are those who visit your pricing page, and you should target them first.
Key Takeaway
Business lead generation strategies are pivotal in an era when digital marketing is the preferred avenue. Starting by identifying your ideal buyer persona, you can use various tactics to appeal to your audience. Referrals, videos, cold outreach, and LinkedIn are all effective ways to generate high-quality business leads. Content marketing to B2B is also necessary to establish thought leadership and provide value. Retargeting through ads and email should always be part of your strategy, too. Moreover, AI has taken our world by storm, and it can help you through the use of chatbots. If you’re looking for a more personalized approach, account-based marketing may be the perfect fit.
But how do you even get people to give you their contact details? Apart from chatbots, you may include email capture forms and visitor identification. Think of the latter as a safety net in case people don’t complete their forms. However you get your corporate leads, make sure you start communicating in a gentle and polite way. Calling someone out of the blue might not be the best idea. Rather, it’s best to build a rapport before giving them a ring.
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Business leads are people or companies who have shown interest in your brand by signing up for your newsletter or downloading a free eBook. A prospect is a qualified account or individual who is closer to converting.
Lead providers usually sell the same leads to you and at least 3–4 other companies. This means that you have to compete with them as well. Exclusive aggregators are rare to find.
Tools like customer relationship management (CRM) systems help you keep your leads organized while also allowing you to track and analyze them. You can also set reminders and follow-up tasks.
There are many useful metrics: number of leads, lead-to-customer conversion rate, cost per lead, cost per acquisition, and ROI.
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