Small Business Lead Generation: Know It to Grow It

The importance of small business lead generation just can’t be emphasized enough. An exponentially high number of startups are surfacing every day, and need the necessary impetus to make their mark in the industry. Needless to say, with the increasing numbers, the competition is also increasing. This basically means that companies need innovative means to market their products and services.

To satiate their need for fulfilling business objectives, businesses hire the services of small business lead generation agencies that specialize in the field. This is basically intended at getting more market exposure and grabbing eyeballs to get more business. However, the reason why so many enterprises still fail after paying exorbitant amounts is because they lack the understanding of which tactics work best in the market. Make no mistake about it – it’s important to have a basic understanding of lead generation techniques, so that one can judge the performance of a campaign. Of late, the best way to promote any business especially in its initial stages is via the internet. However, the details are very important.

Small business lead generation via the internet has relied heavily on online directories, and the trend continues even to this present day. Social media, a relatively new entrant in this domain, has slowly made its way towards being one of the top preferences for promoting a brand. Also, making an official website has been known to get a significantly high number of leads. So, the basic point is that the agency hired to execute the lead generation campaign should know the nitty-gritties of the online world to truly succeed in lead generation. Such campaigns need to have a holistic approach and can’t operate in water-tight compartments with regards to the business model. Only when this happens can the business be on the right track and achieve the kind of success it desires.

Knowing the business environment for small business lead generation entails getting an understanding of the audience, the competition that already exists and the recent deployments, among others. Getting a better understanding of these factors ensures that the business can devise aggressive as well as precautionary tactics to be employed in accordance with the demands of the prevailing situation. It also allows one to make better decisions and react appropriately in different scenarios. However, one also needs to ensure that leads automatically pour in, after a point in time, so that the business gets in auto mode.

Small Business Leads to Keep You Going and Growing

You are reading this today because you have made a conscious effort to develop and maintain your business or perhaps you are not yet in business and you are doing some preliminary research. You want to know what it will take to find new customers.

You have likely looked into Yellow Pages advertising. Incredibly expensive is it not? Perhaps even radio, television or newspaper advertising has crossed your mind. After all, these are viable and time tested methods to explore markets and drive new business right? They used to be. Not anymore.

A search engine on the internet has led you to this article. You found it. I did not go looking for you. I strategically placed this content where I knew only those I cared to reach would find it. I find it odd that business owners with real capital and extensive knowledge in their markets would just poke around in the dark in an attempt to bring in new revenues. They do this because they do not know any better, not yet.

I understand internet marketing. I have made that pretty obvious just by being exactly where I needed to be in order for you to find me. I truly believe that business owners like myself need to take control of our marketing platforms. In your case, no one knows your business better than you do. If you want quality, qualified and ready to buy prospects to talk to every every day you need to fully grasp and understand one rule.

“The right prospect, at the right time and the right place is looking for you.” Your absolute best prospect is the one looking for you. If you are putting generic ads out there hoping to come across the right customer that is like throwing your net out to sea. Be a lighthouse instead and bring your prospects to you.

If you have purchased leads before you have probably done so with good intentions. The decision to purchase leads usually comes at a time when a marketer, salesperson or business owner has hit a wall. Tired of trying to convince people to become prospects the natural next step is to find a way to cater to the “searcher”.

As a result of this niche naturally developing on its own there is a huge surplus of websites selling leads. Lead purchasers from all walks of life and all lines of industry are buying up leads based on the premise that they are not in the marketing business so they should just let someone else do the prospecting leaving the business owner to close sales in his/her area of expertise.

The problem with purchased small business leads is that they are rarely exclusive to you. They are often sold to more than one small business. You end up paying to talk to your competitors prospects! That is insane. Especially when purchasing leads at a premium.

If you want to get ahead and stay there you need a dynamic approach. There is some setup time and a little financial investment involved in setting up your own private lead generation system online. It is worth so much more than you will ever put into it though because you will own and control this system online.

Your next step towards lowering or completely eliminating your marketing expenses while increasing your enjoyment and revenues at work begins with taking control of your small business lead flow

Jean-Marc Begin

Lead Generation for Small Business: A Simple and Effective Strategy to Follow

Lead generation for small business is one of the simplest and quickest ways to increase the number of customers and generate more revenue. That may sound like a bold claim, but in fact it’s borne out by facts from the real world – numbers of sales.

Here is why

Lead generation for Small Business

is such an effective strategy, and why you should certainly use it in your business.

Market differentiation. It sounds like a complex and difficult concept, but all this means is that generating leads makes you stand out in the market and appear different from your competitors, and that can only be a good thing. Most businesses – and that includes your competitors – will focus on making sales (for the most part a completely ineffective strategy) and will appear the same to your prospects.

It looks at the long term. Your prospects want to buy stuff, but they might not want to buy it just yet. If you concentrate on lead generation instead of making sales there and then, you accept this fact, and concentrate on getting your prospects to get to know you first.

More chances to sell. Funnily enough, by not concentrating on sales, lead generation gives you more chances to sell. In effect, you concentrate on building a relationship with your prospects, and selling over time.

Once you understand the importance of these three points, you can start to put a system together to get your lead generation moving. The first thing you need is a way to collect contact details, and as many as possible. This can include emails, postal addresses, phone and even old-fashioned fax (yes, some people still use them). But of all these, email is the best, simply because it’s cheap and convenient, and the strange thing is that most businesses are not taking advantage of it at all.

One of the best ways to collect email addresses is to advertise a page on your website that gives something away for free, especially some free information. A great method is to write a small report about how to choose a provider of your service. Titles can be things like: “Seven Things You Need to Know Before You Choose A…” then insert your business-type (electrician, plumber, house decorator etc.)

The great thing is that this makes you appear the expert, and probably nobody else in your market is doing this. In short, you’re starting a relationship by giving something for free, and also increasing the perception of your business as the best one to go to.

Once you have your prospects’ details, you can email them regularly, giving even more valuable information, and sell to them over time. This almost always leads to an increase in business, and great conversion rates to any offers or promotions you run. Even better, most other small businesses won’t have the courage to do this, or simply won’t be bothered to try, and that puts anyone who does do it at a great advantage.

All you have to do is simply put it into practice, and reap the rewards.

So what are you waiting for?

Small Business Lead Generation: Think Big

There are many enterprises that constantly strive to maximize their revenues via small business lead generation, but most of the time it does not work, and one of the mail reasons for the same is that the tactics being used are very old school. It’s a new age, and one needs to be in tune with the times. For B2C customers, the best proposition is to give freebies like a coffee mug or duffel bag with each purchase. Special discount vouchers can also be given away via email upon filling a form or making a purchase.

Also, inbound calling is often not given much importance, but the fact is that despite the widespread extent of emails, people still prefer talking on the phone. So, the small business lead generation efforts of an enterprise can really get a big boost if there is an inbound calling line. It’s even better if the line is toll-free. This is because it gives the customer an impression that the company is in the big league. One can also gain a significant edge by creating a referral system for existing customers, i.e., every time a customer refers a lead which is converted (or not, depending on the business model), a special privilege is extended like discounts, gift coupons, etc.

Small business lead generation can also be done through the company’s website. A small pop-up every now and then, telling people about the new products and services of the company goes a long way in getting more business. An interesting way to position it is in the ‘did you know’ format, so as to create curiosity among the target audience. And lastly, one can get a great deal of exposure by participating in industry events, particularly when it’s about the B2B domain, since a lot of potential customers and service providers mingle at such dos.

Another reason why small business lead generation is considerably different than a regular B2C product promotion is because one has to overcome a barrage of contact persons in the organization. Convincing each of these is necessary to reach the next level. More often than one would like, the person one gets in touch with in the initial stages of the deal is not the decision maker, and it’s important that one constantly follows up and highlights the merits of the offering in the right manner to ensure that the enthusiasm is maintained on the part of the client as well.