As a business owner, you should always be thinking about how to generate leads to grow your business. If you are in sales, you want to generate as many leads as possible but you must focus on creating high quality leads that will result in a sale. Here is a quick guide for business owners that want to know how to generate leads.
Reward Customer Referrals
A quick and easy way to generate leads is to tap into the market you already have. Promote within your current network by offering a discount or promotion to customers that bring a new client to the table. Make sure you are satisfying your current client needs before attempting this strategy. It will backfire if you have unhappy clients. This can be determined through quick customer research through a satisfaction survey. Furthermore, ensure the reward you are offering referring customers is valuable enough to make the process attractive to your current clients. A cash-back option or discount on their next project is one idea worth exploring. If you are looking to generate leads, consider rewarding current customers for bring new client referrals to the table.
Use Social Media
In the modern business era you should already be using the internet to generate leads. Do not forget about social media. Platforms such as Facebook, Twitter, LinkedIn, Google+ and Pinterest offer an affordable place to promote your company. This will help you to generate leads. The entry barriers to using social media are very low because many social media platforms are free. However, maintaining a social media presence takes effort. It is important to post interesting content that will be shared in order to be successful in these forums. Business owners looking to generate leads should definitely make use of social media.
Speak In Public
Speaking in public has a number of advantages in generating sales leads. First and foremost, it gets your company name out there. It is an excellent place to network. Make sure you bring lots of business cards. Participate in trade shows, school alumni events and industry conferences as much as possible. If you can sign up as a guest speaker, go for it. Just be sure to ask questions and promote your business at every opportunity. A back channel version of this is also available in podcasts and Youtube videos. However, try to be physically present if possible. If you want to know how to generate leads, practice your public speaking. This way you are ready to participate in events as much as possible.
SEO, SEM, PPC
Search engine optimization (SEO), search engine marketing (SEM) and pay per click (PPC) are excellent options for business owners looking to create leads. These are the most effective ways to foster leads. However, it can become costly. There are several payment options available. Some options are per-project fee, variable one-time payments, monthly retainers and even hourly rates. It is not a question of whether or not a company should be using these tools. Just be sure to consider the cost. Also, it is important to only work with a reputable company. Do your research. Business owners that want to figure out how to generate leads should seriously consider investing in SEO, SEM and PPC services.
Knowing how to generate leads is an important part of being a business owner. Technology has opened many doors for companies wishing to create new leads. Some of which include optimized internet searches and strong social media campaigns. Tried-and-true strategies such as customer referrals and public exposure are also important as well. Business owners looking to grow their company should combine the strategies detailed in this post to generate new leads.
Photo from http://www.drewkennedy.org/can-facebook-generate-leads/