Title: Lead Conversion Strategies for Small Business
1Common Lead Conversion Strategies for Small
Business
- Lead generation can be referred to the strategies
and techniques carried out by small businesses
to build interest revolving around their product
or service among prospects, turning them into
customers. Its the act of identifying potential
customers based on their actions such as intent
to purchase your services, and gently guiding
them along the engagement funnel until they
become customers. Lead conversion is one of the
digital marketing ideas for small business to
improve their sales. - Lead generation for small businesses is important
for a variety of reasons - To engage with potential customers in
personalized ways - To increase your client base
- To build revenue for your business
- Many businesses have been spending time and
effort into getting more leads but not converting
the hard earned leads into customers. Sometimes,
you do not need additional leads or prospects at
all instead what is needed is just better ways
to convert a larger portion of your prospects
into customers. To raise your conversion rates
while reducing the cost of acquiring those
customers, here are a few lead conversion
strategies you can use. - Identify the Right Target Market
- Business strategy, means of communication,
products, and service offerings are all created
with the right target market in mind. Just as how
you create your brand, leads must be properly
2- defined in order for you to capture them. The
target market of your brand is the particular
group of people within the entire economic
market which you, as a business enterprise, aim
to connect and provide marketing and sales
efforts onto. - Find Your Ready Market
- Focus on those who have an awareness of your
products or services, who are familiar, or have
a higher chance of using it. Try to spend less
time with those who dont need your services or
products. Spotting the right lead is the first
step. This should then be followed by attracting
and nurturing it for a better chance of
conversion. - Know the Lead Conversion Path
- The process by which a guest or visitor to your
page becomes a known lead is the conversion
path. It begins when a visitor sees content that
interests them, and then clicks on this content
for further information. The visitor is taken to
a landing page, wherein that individual will be
asked - for further customer details in exchange for the
information which originally drew the visitor to
the page in the first place. This is basically
how the lead conversion strategies work. - The lead conversion path has three basic phases,
as follows - Content Offer Your content must be interesting
enough to capture the attention of your
customers. - Call-To-Action Call-to-action are the buttons or
links which your customer can click to direct
them to a more comprehensive site your landing
page. - Landing Page This is a page on your website
which collects information from customers in
exchange for the information, product or service
the customer needs. - Thank You Page This page moves the customer
further in the purchase process.
3- Return on investment
- Integrate Your CRM Database and MAP
- To simply define this, the integration of your
CRM database to your Marketing Automation
Platform allows you to use your leads wisely. The
CRM database is the pool of customer details - you obtain from lead generation, technologies,
and programs. You may also use CRM systems which
compile relevant information about customers from
different channels including direct email,
social media pages, website, live chat, blogs and
the like. - By understanding your CRM database and
synergizing it effectively with your chosen
Marketing Automation Platform, you will be able
to use your leads well and convert them faster to
sales. - Use the Customer Preferred Communication Channels
- Being on top of the game means knowing who your
customers are, where they are and how - they can be reached. Study says that customers
have their own channel preferences. So if you do
not want to be left behind, stay on top of the
game and know what your customers want. Reach
out to them through their preferred communication
channel. - Follow Up
- A crafty follow-up is not about pushing your
clients and making every call sale. It is about
being proactive in providing your customers with
the things they need or a solution to their
problems. Just let them know that you are around
to remind them about your services or offers.
4While the above are some of the great tips for
lead conversion strategies for small businesses,
its absolutely necessary to keep testing and
retesting a combination of different techniques
to see what works best for you. If you are
looking for companies that offer digital
marketing strategies for real estate, Insurance
and any local retail or service business, then
you can rely on Ask8. We combine 30 years of
business sense with the latest in digital
marketing strategies to help you achieve your
business goals. Visit https//ask8.com/