Lead Generation
What is lead generation?
Lead generation is the process of attracting and capturing the contact information and interest of potential customers — individuals who have expressed some level of interest in a product or service but have not yet made a purchase. Lead generation tactics include content marketing, paid advertising, landing page forms, free trials, and gated resources.
How does lead generation work?
- Identify your target audience. Who are you trying to reach? What are their needs and wants?
- Create a lead magnet. This is an offer that will entice potential customers to give you their contact information, such as a free trial or discount.
- Promote your lead magnet. Use a variety of marketing channels to reach your target audience and let them know about your offer.
- Capture leads. Use a landing page or form to collect contact information from potential customers.
- Nurture your leads. Once you have a lead's contact information, you need to nurture them through the sales funnel by sending them relevant content and offers.
Types of lead generation:
There are two main types of lead generation, inbound and outbound. Inbound lead generation is the process of attracting potential customers to your website or landing page and outbound lead generation is the process of reaching out to potential customers directly.
Lead generation can come in such forms as:
- Content marketing: Creating and distributing valuable content, such as blog posts, to attract and educate potential customers.
- Search engine optimization (SEO): Optimizing websites and landing pages to rank higher in search engine results pages (SERPs), making them more visible to potential customers.
- Pay-per-click (PPC) advertising: Creating and running targeted ads on search engines and other websites.
- Social media marketing: Using social media platforms to connect with and engage potential customers.
- Email marketing: Collecting email addresses from potential customers and sending them regular updates and promotions.
How to measure lead generation:
- Lead volume: The number of leads generated during a given period of time.
- Lead quality: The score or rating assigned to a lead based on their likelihood of converting into a paying customer.
- Cost per lead (CPL): The average amount of money spent to generate a lead.
Why is lead generation important to marketers?
Lead generation is important to marketers because it allows them to focus their efforts on the most likely buyers. By generating leads, marketers can build an audience of potential customers and increase their chances of driving conversions.
Who needs to know what lead generation is:
- Performance marketer
- Digital marketer
- Marketing manager
- Brand manager
- Product manager
- Sales manager
- CEO
Lead generation vs. commerce media acquisition
Traditional lead generation captures intent signals — form fills, clicks, downloads — that require further nurturing before converting to a customer. Commerce media acquisition reaches consumers who have already demonstrated willingness to transact by completing a purchase in an adjacent category. The distinction matters for measuring downstream quality: commerce media leads typically exhibit higher purchase intent and shorter conversion cycles than traditional lead generation contacts.