No matter how you go about inbound lead generation, most marketers aim to generate High Quality Leads with a focus more on delivering a large number for their sales team so that they do not miss out on turning prospects into customers.
But often, the sales teams have a difficult time with bad contact lists. A lot of their time is consumed sifting through large numbers of poor quality leads from Market Qualified Leads (MQLs) and building rapport with customers who do not meet the ideal customer profile.
The number of leads actually does not matter if they’re not the right fit for your business. Unfortunately, most marketers struggle as their focus is more on lead quantity than lead quality. A major reason for this is that they ignore the sales funnel at the early stages.
This is why marketers must focus more on generating high quality leads. It’s also essential for the marketing and the sales team to work in tandem to collectively identify the right metrics that can help qualify a lead.
Together, they must also work towards developing a demand generation strategy that can help generate leads that are more likely to convert into high paying customers.
But how exactly do we define a lead (sales qualified lead)? But how do we generate high quality leads? Read on to gain some interesting insights into this.
IN THIS BLOG
All about high quality leads
High quality leads are classified as those prospects that fit into your ideal customer profile, and the chances of them being converted into high-paying customers are very high. A better quality lead is well versed with the products, or service being offered by your company and is in the final stages of buying.
Attributing values to their characteristics or actions – such as job title, budget authority, and interest in marketing content – is an excellent way to categorize them as high quality.
Now a genuine question may flow: How can B2B marketers convert leads into potential prospects who know about the business problem, the solutions and the products offered by you?
Here we bring you a list of strategies to help improve the lead quality.
Strategies to boost lead quality and improve sales
Map your ideal customer profile
One of the first toward determining an ideal buyer is to ask: Who should be targeted?
Identifying an ideal buyer persona is essential to defining a high-quality lead for your company.
They help you understand your target audience and gauge the kind of leads that are most likely to convert.
To create a buyer persona, start by conducting surveys about your customers. Find out the most relevant attributes of their needs that best define their desired online behavior.
This will help you establish the factors that can help you qualify and target more leads of a similar kind.
Demographic, firmographic and technographic information such as revenue, location, job title, company size and authority are key attributes that can aid your journey to create buyer personas.
Once the ideal B2B buyer personas have been created, use them to generate targeted content that will sieve just the right kinds of leads.
Two aspects must be kept in mind while strategizing a lead magnet: It should be considered valuable by your target audience and ensure it’s relevant to your product or service.
If a prospect visits your website and downloads brochures, they are likely interested in the products or services you offer. That’s what you call acquiring a high-quality lead directly into the sales funnel.
Now it’s up to you to engage them. Offer them attractive discount offers or freebies and convert them into paying customers.
Other types of lead magnets are also widely used by B2B businesses for high-quality lead generation. Some of them include case studies, guides on relevant industry topics, templates, resource libraries et al.
Use intent data to improve lead quality
Having built a buyer’s persona, power it with intent data to add missing information to your ideal buyer for quality lead generation.
Intent data uses behavioral information to classify a lead active in the sales cycle and one’s that are looking for exactly the same product or service as yours.
It can even be used to know the exact position of a lead in the sales cycle. Based on this information, you can strategize your marketing efforts.
Intent data can be used to generate quality leads in numerous ways: It can fuel Account-based Marketing ABM solutions by ensuring you target only high-quality accounts. It can also be used to identify the information that’s most engaging to your ideal customers.
Create targeted email marketing campaigns
Email campaigns are one of the best cost-effective ways to gather information about potential customers on time. But personalization is at the heart of a successful email marketing lead generation strategy – it helps identify and nurture high quality leads.
At the core of any marketing strategy is to reach the right people with the right message at the right time.
Offer them content and solutions that interest them, which can be best achieved by dividing them into subsets based on shared characteristics. Make them feel important by using their name when you speak to them.
Additionally, your emails must be clean and concise. The subject lines must be creative enough to generate curiosity. CTAs play a crucial role; they must be clear and compelling enough to draw the readers’ attention and encourage them to follow through.
It’s a wrap
Try the above-mentioned lead generation strategies to engage potential high-paying customers for your business.
Enhancing lead quality is a lengthy and constant process; it may take time and a lot of trial and error to define the best strategies to generate high quality leads.
A pro tip is to categorize your marketing campaigns based on how well they have resounded with your target audience and resulted in conversations.
Don’t let your sales reps and SDRs waste their time. If you have questions about lead qualification, lead scoring, or targeted prospecting you may contact us here.