Wednesday, December 31, 2008

A Marketer's Guide to a Successful Lead Generation Campaign

By Jeff Dedrick

Online lead generation has proved to be a blessing for small businesses today. Especially the service industry has reaped huge benefits from online lead generation. Online lead generation is profitable for both buyers and sellers. Buyers can request for information from multiple sellers in just a few minutes. Sellers get readymade lists of interested prospects without having to spend a lot of time or resources.

As these leads are pre qualified, there are some chances where you would get higher conversion rates. Nowadays most online businesses are depending on lead generation strategy, because it helps them to resolve the pricing on single lead basis. The lead volumes can also be controlled if the need arises.

Success in lead generation campaigns depends on a few things that need to be done and done well. For example, a landing page is crucial and should include a powerful message that would instantly attract a visitor's attention. Addressing the key concerns of a buyer is a surefire way to catch his/her attention. You should know it is time to change your marketing message, when your landing page statistics show obvious signs such as high bounce rate and low conversion rate.

Talking to your prospects and leads usually brings out vital information about their concerns and the ways you can address them. You can also try A/B testing or multivariate testing in order to determine what works best for your business. Often, businesses attach too much importance on the number of visitors while they should actually be focusing on the conversion rate.

Furthermore, it is the quality of the leads that makes all the difference and not the quantity of the leads. Numbers do not really matter in lead generation. You should concentrate on generating more pertinent leads that will get converted easily. After all, you are taking all this pain to improve your sales figures and grow your business. So try to generate quality leads that will also ensure a good return on investment (ROI). The lower your cost per lead, the higher your return on investment (ROI) is. If you buy leads from lead marketing firms, the price of each lead will depend on the level of difficulty in generating the lead. In case you are depending on online advertisements for lead generation, the cost depends on the kind of competition you are facing online.

Lead generation is a viable option for you if you are worried about your sales figures. In case you are unsure about its potential, you can begin by setting aside a small budget for online lead generation campaigns. You will gain confidence once the sales figures begin to improve and you can consider increasing your budget for targeted online advertisements. In order to ensure that your advertising budget is well spent, get expert help and keep yourself updated of all the developments. You should also closely follow the empirical data gathered from the lead generation campaigns in order to ensure that your money is being spent well. Visit http://www.leadsandlistbuilding.com in order to learn more about list marketing.

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