We have heard it all before: Sales is a numbers game. Sales lead generation, is therefore, of paramount importance and serves as the lifeblood of the company – the more leads generated the better.
Why would anyone want to deal with volumes upon volumes of information about hundreds or even thousands of people who may not even want what you have to offer? This is one question that is often asked by one who does not have the slightest idea on how it works, and more importantly, why it is needed. Statistically speaking, sales from 1% of, let us say, 500,000 is indeed much more than 1% of 500. The greater the number, the better chances of closing a sale.
But more than a numbers game, sales lead generation should provide qualified leads to generate sales. Qualified lead generation increases the percentage of purchases for products and services, which in turn, means more money for the company coffers.
To illustrate this: There are two companies that are both engaged in the sale of an eBook on teleworking or working from home. Company A mounted an aggressive tri-media campaign coupled with distribution of brochures in places frequented by their target market. Company B, on the other hand, mounted a massive internet marketing campaign starting off with the creation of a powerful sales letter within a squeeze page where visitors are enticed to opt-in to their list.
Sales lead generation for both companies amounted to thousands. However, it was Company B who eventually got more sales. Both have the same target market but the difference in the approach employed resulted to a more qualified lead generation for Company B who got a list of people not just willing but also able to purchase the product being offered. They made a thorough marketing assessment that gave them the edge by clearly defining that their target market should be capable to make an immediate purchase online. The online campaign, as opposed to Company A’s offline campaign, was able to zero in on people who are already familiar with the process of online purchasing and how to download an eBook after a sale is made.
The example cited proves that for sales lead generation to really matter, sheer numbers or volume of leads generated is not enough. Quantity is important but must be second only to quality because the bottom line will always be based on the profits the company can and will generate.
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Category: Lead Generation, Lead Management, Lead Prospecting, Sales Lead Generation