The ultimate goal of lead generation is to generate sales for products or services, as well as to build and maintain a consistent customer base.
To generate inbound leads, we set up a marketing funnel for lead generation, starting from potential customers showing interest in a product or service, to approaching them with requests and ultimately making a sale through various means.
Leads can be defined as users who have taken the following actions:
1
Submitted an inquiry with their contact information (phone number, email, messenger)
2
Subscribed for a trial period
3
Registered on the website
4
Made a repeat purchase
5
Subscribed for updates through messenger or email
6
Other website visitors who have taken any targeted action
Leads can be classified based on their level of purchase interest. Some may have weak purchase interest and may submit an inquiry out of curiosity, while others may be seeking useful information or bonuses, or simply browsing the website without being ready to make a purchase. On the other hand, some users may actively compare different options and have a high level of purchase interest.
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What does the lead generation process look like?
The Media Gate team will analyze your product and develop a customized and comprehensive lead generation strategy.
USP (Unique Selling Proposition)
STEP
03
The design of a unique selling proposition is the most important factor when choosing a campaign. USP is the specific offer that addresses the customer's complaint (it is accurate, clear, and well-calculated).
03
STEP
USP (Unique Selling Proposition)
Sales funnel development
STEP
02
The development of the sales funnel aims to ensure efficient customer service at every stage of the deal preparation, up to its closing. The marketing funnel is based on the conventional layout:
Attention – drawing attention
Interest – generating interest
Desire – creating desire
Action – encouraging customer's active action
02
STEP
Sales funnel development
STEP
01
Product and target audience (TA) analysis
We conduct an analysis of your product and competitors, identify its strengths and weaknesses, and create a portrait of your target audience. We define the complaints and needs of your audience, and determine what your product can offer.
STEP
01
Product and target audience (TA) analysis
USP introduction
We adjust the unique selling proposition (USP) on website landing pages to align with the traffic, design advertising creatives that fit the particular USP, and prepare scripts for the sales department.
STEP
04
04
STEP
USP introduction
06
Analytics
We develop measurable KPIs (Key Performance Indicators) at each stage of the funnel. We adjust analytics systems, assist in CRM implementation, and develop operating processes. During the leads processing stage, we help analyze the conversion rates from leads into orders and closed deals.
STEP
STEP
06
Analytics
Testing traffic sources
It is crucial to test different traffic sources to identify the most efficient way to reach your target audience and establish effective contact.
STEP
05
05
STEP
Testing traffic sources
Case study Investment training sales
CASE
Freedom Finance
Problem
Lack of interest in investments
Income issues
Solution
Conducted A/B test for direct coaching courses sales with actions (course + free webinar)
Used Lookalike (LAL) audiences based on those who left inquiries for retargeting and direct advertising for coaching courses sales
Designed advertising materials with emphasis on images and text for "newbies"
Results
The best results were achieved through the advertising method with special offers and webinar funnels
Total inquiries: 447
Average cost per inquiry: $3.36
Duration of advertising: 60 days
Return on Marketing Investment (ROMI): 313.26%
Budget: $1504
Lead classification
Each lead requires sophisticated processing and an individual approach. That's why we develop a customized marketing strategy of attraction for every group.
Important note! The more well-thought-out the steps in the sales funnel and lead warming up process, and the more A/B tests are performed, the higher the conversion of traffic into leads, and leads into sales.
The traffic-to-lead conversion ratio plays a significant role as it directly influences the following features:
Costs for obtaining leads
Return on investment (ROI) in advertising
Cold leads
50% of clicks are allocated to the top three advertising spaces in search results with high purchase intention.
Leads with certain awareness about the product or company, who make calls, contact chats, ask questions, and request more details about the product.
Warm leads
Hot potential customers obtained soon after the campaign launch in Google Ads and Yandex Direct contextual advertising.
Hot leads
Cold leads
Warm leads
Hot leads
Sources of traffic for lead generation
Targeted advertising
This type of advertising is dedicated to a specific audience, which can be filtered by different features, both manually and using advertising platform algorithms. The most effective platforms for targeted advertising are Facebook Ads (advertising on Facebook, Instagram, and other Meta channels) and TikTok. The advantage of this type of advertising is the possibility to reach a wide audience and perform visual demonstrations of the product using creatives and videos, evoking curiosity. The leads brought by targeted advertising can differ in interest - a large amount of cold leads, fewer warm ones, and just a few hot ones.
Targeted advertising
Website alignment with search engine algorithms - SEO promotion. To appear in top search results, you need a high-quality website with the ability to optimize it. Search traffic attracts the hottest leads because they are users with the highest express demand. SEO provides you with low lead costs. A thoroughly optimized website achieves high conversion and allows for more efficient acceptance of traffic coming from paid advertising.
SEO
SEO
Contextual advertising
This is advertising in search engines and ad networks targeted at users' search queries. For example, when a user enters the query "buy BMW," they may view ads from different car dealerships in their search results and on partner websites of search engines. Contextual advertising, like SEO, primarily attracts hot leads; however, unlike SEO, it requires payment for every click on the ad.