Implement B2B lead generation strategies to generate high-quality contacts and improve your sales funnel.
Many marketers focus on increasing the number of leads without worrying about the quality of those leads. This misalignment between demand generation and sales results in campaigns that waste valuable marketing resources, budgets, and time by chasing leads that won’t convert into sales.
To ensure that their lead generation efforts result in high-quality contacts, growth marketers must plan thoughtful strategies from the beginning and implement them with precision.
Leads
Gartner research shows that companies that get more than 40% of their leads through marketing experience higher conversion rates compared to others. By creating engagement through digital content, marketers can capture the attention of buyers researching products or services that would otherwise go unexplored.
In this article, we’ll cover five strategies—from choosing iran whatsapp data marketing channels to using effective CTAs—that will help you balance quality with quantity and generate high-quality B2B leads on a budget.
A B2B lead is a qualified contact that salespeople can approach and convert into a customer. Generating sales leads that actually become customers is challenging, but when done correctly, it can help your business outperform the competition and grow significantly.
Lead generation is a top priority for every B2B business – it’s a fundamental part of the sales process that drives the sales engine. However, for this engine to run smoothly, it needs to be fed with high-quality B2B leads, thus filling your sales funnel. While it’s not an easy task, there are effective strategies to help you attract the leads that are essential for your business.
Want to attract the right leads for your business? Use our guide to gain insights into B2B sales leads, with powerful tips to help you convert quality leads into potential customers.
What are qualified B2B leads?
Qualified leads are carefully identified and filtered based on key characteristics that make them ideal prospects with the highest sales potential. To generate qualified leads, B2B marketers put in extra effort to understand their prospects’ needs, interests, and buying patterns.
While each company has its own method for determining qualified leads, three aspects are commonly considered:
Recent activity (such as email opens or free trial requests)
Engagement duration
Relevance to the company's offering
Quality is one of the most important criteria. If you simply increase the volume of leads without qualifying them, you will end up wasting your time. However, if you can increase the volume of leads by 20% without decreasing the quality, your business will generate 20% more revenue.
Unfortunately, generating a B2B lead is challenging, with 85% of B2B marketers considering lead generation as their biggest challenge.
What is a Qualified B2B Lead?
A B2B lead is simply a person or company that has the potential to become a customer. Identifying this potential starts with the B2B lead generation process, where you identify your buyer persona and ideal customer profile (ICP) to attract these prospects to your product or service.
Defining your ICP is an essential activity for sales and marketing teams as it helps generate high-quality B2B sales leads that can become future prospects. Once a sales development representative (SDR) identifies them as a good fit based on a set of criteria, they become a qualified sales lead.
There are many different types of leads out there, and each may require different approaches. Even those who are very interested in your services, not all of them will become buyers – and the reasons for this can vary.
Types of Leads
There are different types of leads with different levels of interest and purchase intent:
Lead: Any user who shows interest in the company by providing contact information such as name, phone number and email address.
Qualified Lead: A lead that has characteristics that make it stand out as a potential buyer, fitting the customer profile desired by the company.
Marketing Qualified Lead (MQL): These are leads that have already had contact and engaged with the company's marketing actions, demonstrating potential for a first sales contact.
Sales Accepted Lead (SAL): After marketing passes the lead to sales, the sales team validates whether it is really interesting, usually through an SDR.
However, the goal is to attract the best leads and convert them into potential customers. To be successful, let’s first explore the difference between quantity and quality of B2B leads.
Quantity of B2B Leads
Finding B2B sales leads can be compared to building a large beehive. The more bees you have, the more likely you are to produce more honey. Similarly, increasing the number of leads you have can be beneficial in scaling your sales. If you convert 50 high-quality leads into opportunities, doubling that number to 100 high-quality leads can result in more opportunities generated.
Scalability is a crucial factor in growing your business. Developing a successful lead generation process that consistently feeds your sales reps with qualified leads and booked appointments allows you to scale your operations by hiring more SDRs, expanding your search for sales leads, and increasing your chances of success.
However, it’s important to keep in mind that the number of B2B sales leads you receive is dependent on your Ideal Customer Profile (ICP). The broader your ICP and the less restrictive your requirements, the more leads you’ll receive, but they may result in fewer high-quality leads.
B2b leads: the complete guide
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