
Marketing has undergone a dramatic change in the last decade. Major technological progress and the rise of artificial intelligence have led companies to develop innovative, new methods to increase their sales pipeline. This increases the pressure on companies to do something new and radical to get noticed by their target clientele.
Do you really need to focus on lead generation, or will it just happen organically for your business? Well, in the current cut-throat competition, you definitely need to make lead generation a part of your overall long term business strategy. In fact, in a recent survey, it was discovered that 61% of marketers felt that generating high-quality leads is their biggest challenge.
Lead generation works differently nowadays. There is massive awareness amongst customers; hence, traditional methods are not that effective anymore. To plan your lead generation strategy, you need to be aware of the current marketing trends and understand all about inbound and outbound lead generation. So, let’s get a better insight into these concepts.
Inbound Lead Generation:
Inbound lead generation means the specialized creation of brand content that will drive traffic to the website and convert them to leads. The main aim of inbound lead generation is to make your brand more visible online, and ensure that it figures out top-most in search engines.
One aspect that can really make your inbound marketing efforts work is quality content. Emails, podcasts, articles, blogs, or videos can all generate interest in your product or service. This encourages existing and potential customers to take an interest in your organization and get in touch with them.
In inbound lead generation, you don’t pitch your product to your clients; rather, you take suitable efforts to motivate them to visit your website or store. You keep providing them valuable content on social media websites, email, or newsletters so that they stay hooked on to your brand and remain invested in your marketing strategy.
Outbound Lead Generation:
There is no doubt that this type of lead generation is the most common and popular amongst all kinds of organizations. Outbound lead generation involves sending or pushing out a message to your target audience, regardless of whether they have expressed interest in your brand or not.
Outbound lead generation is aggressive in nature, and marketers need to follow pre-planned tactics to ensure that they forge genuine connections with prospects; rather than irritate them. Some common techniques of outbound lead generation include cold calling, mass messaging or emails, and display advertising.
Outbound lead generation is also referred to as ‘interruption marketing’ as it disrupts daily routines of the audience – they get to witness content during TV shows, on signboards, and while checking their email.
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