B2B Lead Generation: Services, Tools, and Terms
More than 80% of businesses today use B2B Lead Generation Services – and for good reason. A company thrives on its ability to generate leads, and without a steady stream of leads, your business will struggle to grow. B2B lead generation services provide the means for finding and nurturing potential customers, which can significantly impact your bottom line. A service like this can also help a business attract quality leads (who are individuals that are much more likely to be paying customers).
what exact is a B2B Lead Generation?
B2B lead generation is a marketing process that helps businesses to identify and attract potential customers who are interested in purchasing a certain product or service from them. More so, the process involves a series of digital marketing strategies particularly inbound, outbound, and social media marketing.
And just in case you are still wondering what’s the primary goal of a lead generation b2b, it’s to find potential, interested clients and have a swing at the best method to turn them into actual customers.
The most basic B2B Lead Generation terms
To effectively engage in B2B lead generation practices, it is important to know and understand the key terms associated with the process first.
- Lead – it refers to an individual or organisation that has expressed an interest in your product or service.
- Lead scoring – it is the process of assigning a score to a lead based on certain criteria such as job title, company size, and level of engagement.
- Lead nurturing – it is the process of building a relationship with your leads by providing them with relevant and valuable content.
- Conversion rate – the percentage of visitors to your website who become leads.
- Sales funnel – a visual representation of the stages that a lead goes through before becoming a customer. It typically includes stages such as awareness, consideration, and decision.
- Call-to-Action (CTA) – which is a specific instruction given to a potential lead, urging them to take a particular action. Examples include “Sign up now,” “Download our free guide,” or “Contact us today.”
The best B2B Lead Generation tools to take it to the next level
In order to succeed in today’s competitive market, businesses need to have strong b2b lead generation ideas that can keep up with the ever-changing digital landscape. Luckily, there are a plethora of B2B lead generation tools available on the market and here are some of them:
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LinkedIn
LinkedIn is a social networking platform that can be used for both personal and professional purposes. With over 930 million users, we can see why LinkedIn is voted as one of the best B2B Lead Generation tools in the market.
For instance, businesses can create a company profile on the platform and showcase the product/service to potential customers. Whereas, individuals can join groups related to their industry and communicate their needs.
And to make matters more interesting, LinkedIn also allows businesses or individuals to publish content, such as articles and blog posts which are perfect to educate their audience about their brand.
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HubSpot
HubSpot is an all-in-one marketing and sales platform that provides businesses with the tools they need to identify, attract, and streamline their lead generation process. Once recognized, HubSpot then allows users to track and analyse website traffic to understand what is driving conversions.
As it happens, we think that HubSpot is considered one of the best B2B lead generation tools of all time because it offers management tools like lead scoring and segmentation. This then allows you to prioritise and focus on leads that are more likely to convert.
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Google Ads
Google Ads is an advertising platform that allows businesses to create and display ads to potential customers. And unlike other lead generation tools, Google Ads allows businesses to target their audience based on various criteria, such as location, age, interests, and more (talk about making things easier!). With the ability to track metrics such as click-through rates, conversions, and cost-per-click, you can make data-driven decisions that can be a frontrunner to a powerful lead generation for B2B.
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OptinMonster
OptinMonster offers a plethora of features like exit-intent popups, A/B testing, campaign triggers, and geo-targeting that make it an ideal choice for businesses looking to generate more leads.
But if you have no idea about these features, keep in mind that you don’t need any coding skills to create high-converting popups and forms on OptinMonster. This is because the tool offers a drag-and-drop builder that makes it easy to design and customize your campaigns to match your brand’s look and feel.
Plus, OptinMonster integrates with all major email marketing services and CRMs so you can easily sync your leads to your business’ existing marketing tools and workflows!
Final thoughts
B2B Lead Generation can be a complex area, but we’ve tried to break it down into bite-sized chunks and explain all the terms and tools you need to know. Moreover, hiring a professional lead generation agency may also put you with the right B2B lead generation strategy in place. So, you can just focus on growing your business and take it to the next level!