While it may appear simple, generating B2B leads may actually be rather challenging. It’s like attempting to eat a slice of pizza with a knife and fork—it’s doable, but irritating!
While it may appear simple, generating B2B leads may actually be rather challenging. It’s like attempting to eat a slice of pizza with a knife and fork—it’s doable, but irritating!
In the process of generating B2B leads, you will have to contend with astute consumers and intense rivalry, all the while tailoring your strategy to your company, sector, line of business, and target market.
Nevertheless, if you know the proper techniques, it is totally achievable.
Yes, some agencies do generate all of their leads through referrals, but that’s quite dangerous. When will your stream of recommendations dry up? You never know. Regardless of what you’re selling, now is the time to branch out and investigate various lead creation sources.
With some fantastic lead-generation techniques, I can help you with everything from website upkeep to comprehensive development solutions.
So fasten your seatbelt. It’s time to draw in new customers and make them evangelists for your brand, praising it to everyone who will listen.
How Does B2B Lead Generation Work?
For companies that sell to other companies, generating business-to-business leads is essential. But distinguish it from business-to-consumer (B2C) sales.
Attracting prospective clients that are a good fit for your goods or services and have the potential to become buyers is part of business-to-business (B2B) marketing.
Use social media, email marketing, and search engine optimization to start collecting data about possible clients.
It’s time to lead a lead through the sales funnel after you’ve secured their information. Campaigns should focus on their interests and demographics while demonstrating how your company may offer a unique solution.
You may expand your business and convert leads into customers by using these tactics.
Table of Contents
The Value of Developing B2B Leads
The success of a corporation depends on B2B lead generation, which affects marketing and sales teams alike. There wouldn’t be any leads, conversions, or customers without a strong lead generating plan.
An effective lead generation approach aids companies in finding their prospective clients, building brand awareness, obtaining precise contact information, and eventually boosting sales. Insightful information is also provided for SDRs, sales representatives, and marketers.
The following data illustrates the significance of B2B lead generation:
- At least half of the marketing budget is devoted to lead generation by more than half (53%) of the participants (Source: BrightTALK)
- Eighty percent of marketers think that using marketing automation increases lead generation. – (Source: APSIS)
- A significant portion of online shoppers, specifically 43%, regularly review emails from reputable sources. (Source: Digital Commerce 360)
- Taking a closer look at various B2B lead generating tactics will help you grow your company. If acquiring clients has been difficult for you lately, you might want to look into other lead-generation options.
Top B2B Lead Creation Techniques for 2024
To increase sales, you must tailor your strategy to your industry, product, and target market. It is insufficient to rely just on one or two B2B lead creation tactics. To be successful, try different tactics and learn from them all the time. Here are some tried-and-true methods for generating B2B leads.
1. Using Email Marketing to Generate B2B Leads
Even in the social media era, email marketing is still one of the best B2B lead generating techniques available. You are losing money if you aren’t actively nurturing your prospects and working on growing an email list. Email is a channel that you cannot ignore, with over 4 billion users worldwide and a projected surge to 4.6 billion by 2025.
source: Neil Patel
The secret to successful email marketing is providing pertinent material to the correct audience. Purchasing email lists is not advised. It’s critical to comprehend the email marketing conversion rate prior to creating an email marketing plan.
Email Marketing Conversion Rate
To assess the efficacy of email marketing, email conversion rate measurement is essential. From 2016 to 2021, the average email conversion rate varies between 1.32% and 1.63%. According to Barilliance, the conversion rate peaked in 2021 at 8.87% and fell to its lowest in 2022 at 8.17%. Email marketing is well renowned for having strong conversion rates, despite this. In light of this, let’s examine several email marketing lead generation techniques.
Write Brief Emails
Keep the reader in mind when creating and overseeing an email campaign by being succinct and clear. Make an overall subject or topic of concentration to help you stay on track and steer clear of long paragraphs.
Example: Asana offers a fantastic illustration of a succinct business-to-business email that encourages action on its project management software. An email of this kind can be used as a welcome or reactivation message.
source : Asana
Make Captivating Subject Lines
The subject line of your email is the first thing recipients see in their inbox and shapes their opinion on whether or not to click through. Studies reveal that 47% of recipients decide whether to read an email based just on its subject line, and 69% of them classify an email as spam based only on that information.
Creating a subject line that accurately summarizes the content of your email can influence open rates and its overall effectiveness. An email regarding web design tools, for instance, could have the following subject line:
Here are some fantastic subject line examples:
- In what ways may [business] enhance its lead nurturing tactics?
- Discover how to use [your product] to get 5,000 leads, as [business] did.
- Immediately improve the sales process of [business].
Divisions
Delivering more relevant material is made easier by segmenting your email list.
A CEO and a product marketing manager, for instance, may need to use distinct approaches since they have different business priorities. Thus, it’s critical to segment depending on factors like job title, industry, region, or firm size in order to boost sales and avoid losing out on possible revenues.
Utilizing Distinct Email Flows
B2B companies with protracted sales cycles can effectively nurture leads and clients by implementing automated email workflows. They build relationships with clients and establish rapport with leads, which saves time and enhances the work of sales teams. Subscriber emails are sent on time and with appropriate content thanks to specified triggers.
These triggers could be things like:
- Choosing to subscribe to your email list
- Buying one of your items
- Putting in a webinar registration
- Becoming a service subscriber
Employing Opt-Ins or Pop-Ups
When customized, popups can be a powerful marketing tool. Customers would rather be directed than obstructed, therefore it’s crucial to use them appropriately. Multiple popups might be detrimental to your consumer base. Rather, concentrate on developing solid connections to boost sales, sign-ups, and conversions.
I suppose what I’m trying to say is that exit-intent popups can be used, but if an exit-intent popup’s conversion rate is higher than the website’s, then the website redesign should be taken into consideration first.
Examine this exit-intent popup window:
Source : J.Crew
A slide-in opt-in, on the other hand, might be a better compromise. Not to disturb readers, but it can still function effectively and be easily configured, even though it might not be as effective as a popup.
For example, Georg Jensen Damask uses a slide-in opt-in on their product pages to collect email addresses for a giveaway.
Source : Georg Jensen Damask
In summary, popups can be an effective marketing tool, but their use must be deliberate, smart, and user experience-focused.
user experience-focused.
Try Some Call-To-Action (CTA) Experiments
In email marketing, a call-to-action (CTA) that is obvious must be included. A call to action (CTA) such as “Get Your Discount Now!” or “50% Off If You Buy Today!” should instruct readers on what to do next.
The location of the CTA is determined by the email’s goal. It is advisable to place the offer at the end of the email if it requires clarification.
The CTA in Birchbox’s email is positioned perfectly.
IMAGE
An Analysis of Email Marketing Case
Diggity Marketing’s director of marketing, Nathan Hughes, was faced with a dilemma. Their email open rate was declining, hovering around 4–5%. Monthly newsletters including links to a few blog entries in their niche were sent out. Of course, that was insufficient.
The Solution – Survey Forms on LinkedIn
Personalized emails for each of their clients were sent by Nathan and his team in place of a call to action, which was absent from their email campaign that just linked to their website. Instead, they became involved in lead generation.
How Did They Acquire That Knowledge?
They used individualized information to send emails to 20 recipients at once, once a week, via a survey form they put on LinkedIn.
The End Outcome: A 27% Rise in Leads!
The customized email campaign produced an abundance of leads with its own call-to-action and product links. As a result, their email open rates skyrocketed to about +27%.
2. Using Content Marketing to Generate B2B Leads
One efficient method for generating B2B leads is content marketing. You can boost sign-ups and conversions by producing high-quality content and disseminating it over a variety of platforms.
According to the Content Marketing Institute, 91% of B2B marketers use content to create leads. Furthermore, one of the most important components of high-converting landing pages is content.
Source : Content Marketing Institute (CMI)
The aforementioned figure amply illustrates the increasing agreement among business-to-business (B2B) marketers that marketing and content optimization are critical to lead generation.
Employ blogs, images, and videos to draw in potential clients. Product videos are favored by 72% of potential clients, so you should use them. For best results, match your content formats to your marketing goals. Boring content will not keep readers interested in your offerings.
All things considered, content marketing is an effective way to produce leads. However, how high is the conversion rate?
Shall we investigate that?
Content Marketing Conversion Rate
For B2B content marketing campaigns, the usual conversion rate is between 0.8% and 1.1%. With 67% of clicks going to the first five search results, Google is a big source of traffic for websites. Over the course of six months, there can be a minimum 15% increase in organic traffic if at least six transactional keywords are ranked in the top five. Tracking blog conversion rates is critical for calculating return on investment (ROI) as blogs play a major role in content marketing efforts.
Let’s examine how to create content that is truly engaging, regardless of its genre, now that you are aware of the potential benefits of content marketing.
Source: KFC
Similar Search Intentions
To optimize a website for organic traffic originating from well-known search engines, one must comprehend search intent. Put more effort into teaching visitors who are looking for quick answers and making your website seem authoritative. A reputable website has a higher chance of drawing in repeat visitors who will eventually convert.
An illustration of an informational search purpose is this:
Comparative intent is another type of search intent where people look for the best deal by comparing goods or services. They are assessing if they require a good or service and searching for better options as they move through the middle stage. They’re almost there, but not quite, when it comes to buying.
An illustration of informational comparative intent is given below:
And lastly, there are others whose search goal is transactional. They simply need a little prodding in the correct way. They are ready to buy.
Here is an illustration of a transactional search query:
It’s crucial to align search intent with queries prior to writing. It’s among the most basic concepts for generating B2B leads.
Deliver Value
People won’t be interested in reading what you have to say if you write about broad themes at the top of the funnel and hardly touch on significant points. When your bounce rates spike, it’s a sign that your content isn’t performing well.
Therefore, make sure your audience will benefit from your material. Answer questions clearly and concisely. As you promptly respond to their inquiries, establish a rapport with your service.
Examine the example that follows. This website shows you Jeff Bezos’s net worth with just one pixel.
Source: Mkorostoff
Content Marketing – A Case Study
The goal of marketing manager Jeff Moriarty of Moriarty’s Gem Art, a custom jewelry retailer, was to simultaneously boost sales and produce more leads. Being the head of a family-run company in a cutthroat market, he understood the need for their campaign to stand out.
He aimed to give both B2B and B2C clients a clearer knowledge of their product offering. Moriarty’s YouTube account had 45,000 subscribers at the time.
An instructional video is the answer!
Following extensive contemplation, Moriarty’s produced an instructive film. They meticulously worked on the screenplay, determined the goals, and spent a week getting ready for the video. The video was clear, concise, and most importantly, considerate of the time of the audience.
The outcome was 6 million views and $15k in sales!
In just a few days, the video on Reddit amassed over one million views. To date, it has had over 6 million views. They made more than $15,000 in sales by selling every product they discussed in the video. Their YouTube subscribers climbed by 10,000, while their Reddit following increased from 0 to 5,000.
For their modest store, the video still generates sales, links, and leads even after it has been up for more than three years. It’s a perfect illustration of content marketing done correctly.
3. Pay Per Click to Generate Leads
Contrary to popular belief, PPC B2B lead generation is not limited to e-commerce businesses. For digital companies as well, PPC can be a great sales funnel.
A PPC Hero survey indicates that 40% of marketing companies like Bing advertisements, while 52% of them urge their clients to utilize Google ads. Programmatic, social media, and native advertising are other choices.
On the other hand, PPC advertising needs a respectable budget. If you have a proficient PPC professional, the outcomes will be evident if you have the financial means to pay for them.
Here are some pointers to assist you make PPC a successful strategy for generating B2B leads. Let’s first discuss a little bit about the PPC ads’ conversion rates before looking at the advice.
Conversion Rate for PPC Advertising
For best results, set your PPC advertising target to a conversion rate of 10% or more. The average conversion rate for PPC ads is approximately 2.35%, and a rate of 2% to 5% is considered acceptable.
To find your PPC conversion rate, use this formula: (Number of conversions/Total number of ad interactions) x 100.
Let’s now look at some suggestions for transforming PPC into a successful B2B lead-generation tactic.
Composing Appealing Copies
Research shows that content marketing is more cost-effective than outbound marketing, producing three times as many leads at a time. Brand value can be increased by firms offering valuable material at no cost. Better PPC ads include captivating language and an alluring offer to entice clicks.
That requires you to:
- Copy the user’s objective.
- Include measurements or numerical data in your headings.
- Make an attempt to win over the user’s sense of merit.
- Incorporate language in your ads that evoke strong emotions.
- Make unique display URLs that are packed with keywords.
- Stress the words that will work the best for you.
Comprehensive Keyword Analysis
Researching keywords effectively might help you find popular terms that will draw visitors to your website. Sixty-six percent of searches are related to the top 0.16% of keywords. Effective keyword targeting can increase website traffic and lead generation. Irrelevant keyword bidding can cause your PPC campaign to collapse.
Making Use of Display Ads
Search advertising are only displayed on search engines, however display ads can appear on any website or app within the network of an ad system. YouTube and Discover are only two of the two million+ websites and apps that make up the Google Display Network.
With a CPC of $1 or less on average, display ads are reasonably priced. Missed chances may result from your digital marketing strategy’s failure to use display ads.
This is an illustration of a display ad:
Top Placements
Advertisers can choose websites, mobile apps, video content, and individual ad units as well as precise places for their advertising with YouTube and the Google Display Network.
Ads can generate more leads by focusing on premium ad locations. Based on historical traffic and keywords, Google offers a list of websites and apps, and advertisers can change their prices to get more visibility. By successfully reaching the target audience, this aids in the achievement of advertising objectives.
PPC in Lead Generation: An Example Analysis
TheGiftYak’s founder, Matt Lally, assumed control of a client’s account. That account had previously been managed by a “expert consultant,” but there had been no growth.
The Answer: Combining A/B testing and campaigns
Matt was primarily concerned with increasing conversion volume through campaign consolidation. He believes this is one of the best B2B lead generation ideas, thus he merged multiple keyword match kinds into larger campaigns to achieve this.
In order to make sure that goals were being met, he also concentrated on conducting thorough A/B testing with the landing page and the ad copy.
The End Product: An Account Growth of 4x in Just 8 Months!
In just eight months, Matt’s client’s account saw an amazing 4x scale because to the application of A/B testing and consolidation strategies. He scaled it while maintaining a constant cost of customer acquisition, making it an easy-to-use but effective B2B lead generation strategy.
4. Using Social Media to Generate B2B Leads
With billions of people using social media sites like Facebook, Instagram, and Twitter every day, social media marketing has become essential in this day and age. These platforms are heavily frequented by well-known businesses, and if used properly, they may be a great source of B2B leads.
The aforementioned data amply illustrates social media targeting’s growing potential. A considerable amount of leads that are ready to convert can be produced by efficient social media marketing, especially with new platforms like TikTok becoming more and more popular.
By using social media marketing as an immediate marketing tool, a company can save sales overhead and boost sales performance.
But how can one do it correctly? These are a few helpful pointers.
Social Media Marketing Strategies’ Conversion Rate
A social media marketing campaign’s average conversion rate is usually about 3%, yet it’s vital to remember that this percentage varies depending on the campaign.
Prioritize promoting informative information that can be accessed behind lead capture forms if you want to increase conversion rates. Offering a downloaded ebook as a reward for obtaining qualified leads is one successful tactic.
Additionally, remember to run ads. I can’t say it enough!
Advertise to Get Leads
You may run sponsored advertisements on almost all of the main social media networks’ platforms. Brand spending on social media advertising is expected to rise in 2024, according to Hootsuite’s projection. Therefore, if done correctly, running advertisements could help you gather valuable data and produce a large number of leads.
The two main places to focus on advertising are Facebook Lead Ads and LinkedIn Ads.
LinkedIn Marketing & Outreach
An analysis by Wpromote indicates that LinkedIn is the most effective social media platform for generating B2B leads. It generates leads twice as effectively as other social platforms because to its expert targeted filters and analytics.
Use newsworthy angles, continually optimize your advertising, and cater your material to your audience if you want to succeed on LinkedIn.
To increase performance, it’s also critical to continuously test and refine your messaging, visuals, and calls-to-action.
Here’s an instance of a successful Skipr LinkedIn lead generation advertisement:
Facebook Lead Generation Advertisements
Facebook lead advertising facilitate the collection of consumer data and foster relationships for marketers. Utilizing Facebook’s mobile user share, users may effortlessly fill out the pre-populated forms on their mobile devices.
You can benefit from lead ads:
- Take full advantage of mobile.
- Cut down on drop-offs.
- Track down leads that are important.
- Make the appropriate inquiries.
- Connect to your CRM through integration.
- Give folks what they desire.
How might your lead ads be more visually appealing?
Yes, you can:
- Display the worth of your advertisement.
- Make it easy.
- Show off your brand.
A highly converting Facebook lead generation advertisement looks like this:
Involve Your Audience in Conversation
If you don’t interact with your audience on social media on a daily basis, what good is it? Don’t just keep posting; respond to messages and comments and provide insightful information about your business. It is best to interact with your audience as often as possible. It’s among the most widely applied best practices for generating B2B leads.
Using Surveys and Questions to Draw in Leads
Because surveys and quizzes may be very efficient in generating leads, marketers frequently use them. In addition to giving audiences a fun method to engage, quizzes can yield insightful information about possible leads and useful contact details. The secret to developing an effective lead generation quiz is to concentrate on the content’s quality.
Take into consideration the following advice while creating effective surveys and quizzes for lead generation:
- Determine your objectives.
- Recognize your target
- Make it pertinent.
- Don’t complicate things.
- Make it eye-catching.
- Provide rewards
- Try to improve
This is an example of a Typeform quiz on digital marketing:
Social Media Promotion: An Example Analysis
Vionix Studio is an educational platform that teaches novices the fundamentals of game development and graphic design. With only 1,000 visitors per month, their traffic was extremely restricted. The figure remained same even after using many traffic creation strategies.
The Answer: Make Use of Hashtags
They started posting content on their social media accounts and promoting pieces that were relevant, all while utilizing a wide range of relevant hashtags. They could immediately detect a rise. They were able to turn things around by identifying weaknesses in particular marketing methods used by their rivals and by adopting a consistent strategy.
The outcome was a 200x rise in traffic.
Their website traffic increased 200 times as a result of the social media marketing strategy’s outstanding performance. Additionally, they produced a ton of quality leads. To raise their ranks, they employed basic best practices for B2B lead generation.
Other Effective Lead Generation Techniques
Now let’s look at some more lead-generation techniques that can improve the number of leads that your company generates and converts.
Organizing Events & Webinars
A whopping 79% of consumers are willing to give their information in order to attend a webinar, which educates potential customers and creates new leads. Businesses can draw more attendees and raise brand exposure by providing a special deal or inviting guest speakers. The secret is to offer insightful material that solves problems and fosters confidence.
The important interactivity of webinars is another major benefit. You can start interactive features like polls and Q&A by using specialized webinar software.
Establish Landing Page Optimization
To increase lead generation, it is essential to optimize your landing page. It’s critical to have several landing pages that address various buyer profiles and sales funnel stages. A landing page with bad design may have a high bounce rate.
To get the most out of your landing pages’ lead generation efforts, you should:
- Make a number of landing pages that are tailored to different customer profiles and sales funnel stages.
- Make use of succinct headlines, a tidy layout, and obvious calls to action.
- Put lead forms front and center and include factors that foster trust, such as social proof.
- Stay away from adding links or a navigation bar that could divert attention from filling out the lead form.
Here’s a fantastic Mixpanel lead generation landing page example:
The lead generating landing page for Mixpanel is unique in that it shows a glance inside the product with a GIF banner picture. The title and subject line of the page draw attention to the main advantage of the product, highlight its characteristics, and refrain from overburdening visitors with material.
Create Testimonials & Reviews
Since consumers rely on social proof to make knowledgeable purchasing decisions, social proof is essential for B2B lead generation. To build credibility and increase sales, include social proof on your website, including landing pages and the homepage, by posting reviews on social media, producing case studies, and obtaining favourable feedback on websites like G2 Crowd and Trustpilot.
Combining PPC with Organic in Partnership
Use both sponsored and organic search tactics to increase website visitors. This is due to the fact that both account for 80% of website traffic, and optimizing for both raises the possibility of obtaining hits and controlling the SERP. WizCase is one website that employs both tactics; it targets keywords through both sponsored and organic search.
Provide a Complimentary Tool
Providing useful content in return for contact details is a highly effective lead generation tactic. You may convert website visitors into leads by designing attractive, business-like landing pages and providing free content. Just make sure that your material is jam-packed with helpful details that your intended audience will find appealing and that the fact that it is free to access is made very evident. Your website can become a lead-generating machine with the appropriate strategy!
The Final Word
In the realm of business-to-business lead generation, obtaining leads and establishing credibility are crucial.
We covered the most well-liked B2B lead generating channels in our guide, which your B2B company should investigate in 2024.
You may get precise and pertinent data on possible clients by putting in place an effective lead gathering procedure. These ideal clients can then be guided through the various stages of your sales funnel with the use of this information.
You can concentrate more on client management as you gain more clients from your lead generation activities. This will help you boost retention rates and potentially attract more high-end customers.
And never forget: don’t depend just on recommendations. Instead, to boost your earnings, start researching fresh lead generating techniques and modify your methodology!
You can also read our guide on Actionable List Building Strategies for Digital Agencies to learn more about lead generation.