StrategyDriven Marketing and Sales Article

Which Lead Tactics Work Best

The worst number in business is one. If you have just one source of leads, it is only a question of time when the price per click goes up or the targeting options change or the viewership of the publication changes.

Because of this, you want to have several lead generation mechanisms in place. This way, if something happens to one of them, the other ones will continue working for you and generating new leads. This article will introduce you to five tactics you can use in your business.

1. Media Buying

Media buying is the process of negotiating and purchasing advertising time and space.

The secret to successful media buying lies in knowing your audience. One of the biggest mistakes a marketer can make is to advertise a niche offer to a broad market. The ad campaign will be expensive and the response will be small. This is not how you want to run your campaigns.

You need to know the age of your buyers, their gender, level of education, income, family status and interests. You also want to know what publications they read, how they spend their free time and what websites they visit.

Once you have this data, you can start making intelligent choices about how and where you can advertise to them. One of your goals should be to find media that are not obvious to your competition. This way you will be able to purchase space and time at reasonable rates (because the competition is not yet there) and be the only advertiser in your category in that media.

If there are certain media that you would like to use for advertisements, but can’t afford, call them or email them and tell them how much you can pay. Often, you’ll be able to get a last-minute offer if one of their advertisers pulls out and they have some free time or space. Many media are very negotiable as to how much they will sell advertising for. This is not something they advertise upfront, but if you negotiate, you will often be able to get a great deal.

2. Affiliates

Affiliate marketing is a great way to market products and services because in affiliate marketing you don’t have to pay for advertising upfront and you don’t have any risks.

Typically, you pay for advertising or lead generation activities first. These activities generate leads. Then, you have to do the work to convert the leads into paying customers. If the work is successful, only then you get your money back and a return on your investment.

This is not how things work in affiliate marketing. Affiliate marketers do all the work for you. In exchange, you pay them a percentage of the sales or a pre-agreed amount per sale for all the sales that they make.

The best way to use affiliates is to scale your sales systems that are already working. Nobody wants to pay money to test something that is not proven. While you may get affiliates to test your offers, if they lose money, they will not work with you again. If, however, you have a system that works and need more leads or need to convert more leads, then working with affiliates is a great way to go. You will make more money and your affiliates will make money, which will make them want to work again with you in the future.

3. Social Media Marketing

Today there are all kinds of social media, from Pinterest to Facebook to Twitter to LinkedIn. However, this does not mean that you have to be everywhere. You need to be where your customers are. If you are selling a consumer product, you probably do not need to be on LinkedIn. If you are a high-end executive recruitment boutique, then being on Pinterest may not be a good strategy for you.

Find out where your customers spend their time. Then, get in front of them.

The good news is that social media today offer a variety of tools and ways to reach prospects and existing customers.

Using Facebook Pixel or Google Tag Manager, you can mark everyone who visits your website or certain pages on your website. You can also create audiences based on sequences of pages that people visit, videos they watch, elements of pages that they click on and parts of the pages they scroll to. Then, you can retarget these visitors with custom ads on social media and other websites. The opportunities for marketers today are virtually unlimited.

4. SMS

SMS or text messaging can be a very effective way to target customer but you need to be very careful with how you use it. Today most people use text messaging to communicate with their friends and family. They don’t get a lot of advertising messages via text. For this reason, you want to only text them about something important. Reminders typically fall into the important category and work really well. For example, you can send a reminder about a webinar. You can also send a reminder about a demo or a sales call that you have coming up.

You can also offer your existing customers to notify them via text about special sales and events.

At the same time, sending regular updates and marketing messages via text messaging is probably not a good idea. Most people check their text messages very frequently and if you are sending them messages that they don’t find valuable, they may feel as if you are spamming them and interrupting them with no good reason.

5. Ringless Voicemail

Ringless voicemail is a relatively new technology, which is why it is extremely effective.

Ringless voicemail works only will cellphones. According to studies, over 90% of adult Americans own a cellphone, which means that you can reach virtually any person with ringless voicemail marketing.

Ringless voicemail works by completely bypassing cellular networks. It contacts the cellular provider directly via a business landline call and drops a message on the server of the cellular provider. The provider then moves the message to the server space of the recipient and notifies the recipient about the message. This way there is no call made to the recipient, no charges to the recipient and no interruptions.

When the recipient checks his or her voicemail, he or she can listen to the message. The message can be as long or as short as the sender likes. This means that you can create ringless voicemails that are really effective.

A ringless voicemail can have options that connect the recipient to a sales person or drive the recipient to a website. By using these options you can measure the ROI from your ringless voicemail campaigns and make sure that you are spending your marketing dollars wisely.

StrategyDriven Marketing and Sales Article

5 Ways to Generate More Sales Leads

The objective of every for-profit company is to increase its bottom line, and if you’re in the business of selling products or services, that ultimately means you’ll need to generate more leads. But where are these prospective buyers and how can you make your brand visible to them in an effective manner? Answering that question successfully and executing based on experience are the keys to managing any well-rounded sales campaign. With that said, you’re practically guaranteed to attract a higher volume of quality sales leads if you master the following five lead generation methods:

1. Promote Email Newsletter Opt-ins

If someone is willing to give you their email address in exchange for a piece of content or another incentive you’re offering, that means they’re more likely to convert into a customer. To take advantage of this concept, all you have to do is make an email subscription form easily viewable on your site, or make it a prominent pop-up that shows up whenever a visitor arrives. Opt-in leads are a well-studied and reliable branch of marketing that has been covered extensively by blogs like 4ra and others.

2. Listing in All Major Map and Business Directories

When sales leads are your top priority, visibility is the name of the game. To ensure potential customers are able to easily find and communicate with your company, it’s imperative that you start by listing your website and/or place of business and contact information on major directories like Google Maps, The Yellow Pages, Yelp, etc.

3. Start Advertising on Social Networks

Unlocking the traffic and exposure potential of social networks is one of the best ways to generate a viral surge in sales. Although social media marketing and contextual advertising on sites like Facebook are other topics in and of themselves, if you commit to this type of marketing in the long-term, you’ll have more sales than if you hadn’t.

4. Launch a Pay-Per-Click (PPC) Traffic Campaign

Pay per click traffic is a very reliable way to generate sales leads if you have the initial start-up capital to fund a sizeable campaign. With PPC, you pay to have your site displayed at the top of search engines like Google or on Facebook Ads. There are many PPC networks to choose from, but essentially the idea is the same – you pay a certain amount for every person that clicks your link and comes to your site. Since a percentage of those will convert, all you have to do is optimize the conversion rate and scale up from there.

5. Inventing and Promoting a New Product or Service

If you can establish your brand as the sole provider of something, then you’ll be in a more favorable position in any market. Sometimes doing this is as simple as modifying or adding a feature to an existing product, service, or another monetization model.

Putting it All Together for a Failproof Marketing Strategy

In closing, if you diligently pursue all of these sale generation methods, there’s a 99% chance that you’ll be receiving more quality leads than if you were to not do all of the above.

Goal-Setting, Planning, and Testing: The Importance of Managing Your Lead-Generation Strategy

Learning how to use lead-generation marketing to your advantage requires planning and forethought. You need to think through your management strategy before beginning efforts to improve lead generation in your company. By setting goals, creating a plan to adopt new tactics, and testing the results, you can measure how the company’s investment of budget and time helps increase the number of leads and sales.

Developing a Strategy and Setting Goals

Developing a good lead-generation strategy begins with setting goals on what you hope to achieve. Your goals should define how much you wish to increase your lead-generation efforts, by when, and at what cost. It’s amazing to me how many organizations plunge into campaigns with no idea of what they’re shooting for, how many leads they’re trying to bring in, or what level of cost-effectiveness they need to observe. When their campaign is over, they have no idea how well specific tactics are working to provide them with the leads they need or if they’ve provided a positive ROMI (Return On Marketing Investment). Often, they’ve gone over budget or executed a campaign that has provided them with a minimal number of actionable leads.

Overall, the goal for lead-generation marketing should be to use as many tactics as possible to your advantage. In defining a management strategy, you should focus your goals on three areas:

Hi there! This article is available for free. Login or register as a StrategyDriven Personal Business Advisor Self-Guided Client by:

Subscribing to the Self Guided Program - It's Free!


About the Author

David T. Scott has served as CMO and Director of Marketing for Fortune 500 companies and billion-dollar organizations, including GE, AT & T Wireless, PeopleSoft, and Intermec. While working at these companies, he developed a set of strategies designed to help marketing organizations increase their lead-generation results. A graduate of the Wharton School of Business, Scott is the founder and former CEO of Marketfish, Inc.