In a nutshell, lead generation refers to the process of identifying potential customers for your business’s products or services.
If you’re a sales rep or a founder of a B2B company, you probably already have at least some experience generating leads.
But contrary to popular belief, lead generation isn’t just about cold-calling or sending out a bunch of emails. It’s a complicated process that requires a diverse range of strategies to be effective.
In this article, we’ll run you through exactly what lead generation entails, and outline some of the lead generation tactics you can implement in 2020 that will skyrocket your revenue.
What Is A Lead
A lead is a prospective customer who has shown interest in the services or products provided by your company.
Their interest is expressed through sharing their contact information such as an email or a phone number.
Why Lead Generation Is Important
Lead generation is essential for both marketing and sales teams because it helps to:
- Obtain new sales leads
- Generate the right leads
While lead acquisition, by definition, involves using both inbound and outbound tactics to generate leads, most sales reps and marketers find more success with inbound strategies