We recently helped a local gym with a lead generation campaign to generate more sign ups to their new location. Unaware of the market and without any brand awareness, they contacted our team to help them scale and capture new leads. Not only did we help them get more than 200 leads in a short span of time but we also achieved that at a cost per lead of under $5.
Marketing analytics can also help your team continue to understand if certain benchmarks are being reached such as an increased flow of traffic to your website, if more visitors are signing up to your list, an increased conversion rate, more time spent on your website etc. Monitor these benchmarks and more to determine whether they are directly impacting a leads journey through the funnel and helping to prevent them from losing interest in your business. Constantly experiment and test out new iterations of the process to understand what works best for your organization as a whole.
There is certainly no doubt about the fact that social media has helped us in a lot of ways. Not only has it made possible for us to communicate with people from all over the world but it has also made sure that businesses online get the right audiences and promotions that they need. Businesses can also appreciate lead generation from social media and enjoy great conversions.
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Use direct mail to entice customers. Direct mail still works for a variety of businesses. You can purchase a mailing list that fits certain specifications, such as neighborhood or income level, and send your mailing to these people. Be sure to target demographics that fit your product. The more targeted your mailing is, the greater likelihood you will receive interested leads.
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Promote your business on news sites. Use news sites to distribute press releases concerning your business. This begins with writing a press release in which you discuss something newsworthy about your company: a new product launch, a special event, a co-branding initiative, charity work, or a high-level change in management. Use terms and language optimized for search. Also be sure to include a press contact’s name, email address, and phone number in the release.
If you are into any successful business, then you may be well acquainted with the terminal leads. It is nothing but the term used for the potential customers of your business. More specifically these are the people who have taken up the service or may have shown interest in any of your product. Thus leads are something which is very important for any business.
Use different modes of social media. You might start with a general site like Facebook, a business networking site such as LinkedIn, or a microblogging and all-purpose site like Twitter. However, consider expanding to picture-based sites like Pinterest or Instagram. Also look for any types of social networking platforms specific to your industry, like Glozal for real estate, Lawyrs for law, or Architizer for architects and designers.
I know you might think it sounds like old news, but handing out paper flyers at local events is still a great way to generate those much needed gym membership leads. Have your graphic designer whip up some eye-catching flyer for your business and get out there and start handing them out. Gym owners are always looking for the most innovative ways to generate sales leads for their gym and they sometimes forget the most common. Flyers marketing works, it’s proven. Sit down with your marketing team and think about where you can hand out flyers. You could start at local sporting events, community events, you name it. The more you get your face out there, the more leads you’ll start generating.
While inbound marketing is getting a lot of buzz, a well-rounded marketing mix should include both inbound and outbound marketing strategies. Inbound works for broad lead generation activities, but outbound is good to amplify your inbound efforts, and target specific opportunities. So what exactly is outbound marketing? It’s using outbound channels to introduce your message and content to your prospects, typically through rented attention, rather than making your content and messages availableon your own properties.
Look at your leads and create definitions for a lead ready to be passed on to sales as opposed to a lead that still needs to be nurtured by the marketing team. Some common ways to define a sales ready lead is if there is a healthy profile created about them from different data points, their lead score is high, certain behavioral attributes show there is high interest, they appear to have a budget, the authority and need of your services and lastly, their timeline implies that the entire buying process must be expedited.
Service qualified leads are contacts or customers who've indicated to your service team that they're interested in becoming a paying customer. An example of an service qualified lead is a customer who tells their customer service representative that they'd like to upgrade their product subscription; at this time, the customer service representative would up-level this customer to the appropriate sales team or representative.
This channel has a big impact of the budget in efforts to reach out to audiences. It may include billboards, print ads, television and radio advertisements. It is generic and targets the masses. The marketing intent is clearly to sell and an apparent pitch is a part of the plan. This budget may include the purchase of lead lists. These are people you don’t know. In addition to this, these people don’t know you either. They didn’t seek you. The outbound approach with communication is one way. The business decides when and how to engage with the audience. In addition to mail, print, and media, it may include conferences and calls. This can be tough. Should you reach out to others needing what you have to offer, it can be beneficial. These cold calls can be interpreted as an interruption into people’s time. They can be viewed as disruptive and down right unwanted. In addition to this, calls could be flagged as spam. Here providers inform other providers and being placed on a blacklist could result. Should this happen, it wouldn’t benefit reputation either. Emails could become undeliverable too.
Lead generation is not a new form of acquiring a business, but business trends and time necessities have found a better way to get new clients. Rather than sitting at a trade show table for hours on end, or setting up a display in hopes that targeted consumers will complete a form, you can have leads generated and sent to you using available technology, all while you can direct your time elsewhere.
Go the extra mile and become a product expert in your respective field. Develop into an advisor that customers can trust rather than just an ordinary salesperson. Customers have a vast amount of knowledge at their fingertips, they do most of their research before ever talking to a sales representative. A way to bridge this gap is by speaking at trade shows or conferences as a way to become a trusted source of information.
Cost per acquisition advertising (e.g. TalkLocal, Thumbtack) addresses the risk of CPM and CPC advertising by charging only by the lead. Like CPC, the price per lead can be bid up by demand. Also, like CPC, there are ways in which providers can commit fraud by manufacturing leads or blending one source of lead with another (example: search-driven leads with co-registration leads) to generate higher profits. For such marketers looking to pay only for specific actions/acquisition, there are two options: CPL advertising (or online lead generation) and CPA advertising (also referred to as affiliate marketing). In CPL campaigns, advertisers pay for an interested lead — i.e. the contact information of a person interested in the advertiser's product or service. CPL campaigns are suitable for brand marketers and direct response marketers looking to engage consumers at multiple touchpoints — by building a newsletter list, community site, reward program or member acquisition program. In CPA campaigns, the advertiser typically pays for a completed sale involving a credit card transaction.