Just as first responders save more lives, marketers and sales professionals who respond to the prospects first have very high probability of converting the leads to customers.

We all know that first responders such as fire service personnel, paramedics, police and doctors value the first hour after an emergency as ‘golden hour’. Actions taken in the golden hour saves countless lives and damage to the properties. Responding to a prospect who has raised his / her hand with an online registration or quote request is no different.

When a lead comes through your sales lead tracking and management software system, make sure that you respond in minutes, not in hours or days. Even if the product or service that you are selling has a long sales cycle, it is essential to reach out to the prospects at the shortest possible time lag. Note that an autoresponder (or drip email)  message sent by lead system is not a replacement for your personal telephone call or email message.

Also, it does not matter if you are selling to businesses (B2B) or consumers (B2C). Remember that you are selling to people in either case. Decisions are made by human beings, not soul less corporations!

Here are the keys for increasing lead conversion:

• Respond to prospects in Minutes, not Hours or Days
• If the prospects are not yet ready for sale, nurture with resources such as:
  • • Whitepapers
    • eBooks, Presentations, etc.
    • Webinar recordings
    • Newsletters
    • Tutorial Videos
    • Case studies and success stories
• Stay in touch via phone calls and emails with the leads until they are ready to move to the next stage.
• Determine the frequency of touches and use appropriate contact methods

Establishing a process to monitor,  respond and track the inbound marketing leads is a critical requirement in your marketing and sales strategy. Don’t let another lead slip through the cracks by delaying your first response!

With the economy shrinking, Google, Microsoft and Apple ruling the digital world, news papers and magazines folding every month, it is no wonder that businesses are forced to follow their customers and consumers. It is doubtful if any business can survive without leveraging internet for sales lead generation, engagement and conversion. If you are a newbie to the Web Lead Acquisition world or just planning to test the waters, here is a mini guide on why buying internet leads could make business sense.

It does not matter what business you are in, internet can / should be leveraged for marketing and web leads generation. However online lead generation may not be for everyone; certainly not for the fainthearted as you can easily bleed with pay per click, media buying, SEO and other related approaches, if you don’t know what you are doing.

What are Internet Leads?

As the terminology implies, sales leads generated using web sites are referred to as Internet Leads or Website Leads. You can generate your own leads or you can buy the leads acquired by other lead generation companies. Landing pages, which are basic web registration forms, are used to get prospect information. Generally, minimal information such as name, email and phone number will be collected. While designing and creating landing pages may look easy, there is a lot of underlying technology to be understood and used in order to maximize the value and increase lead quality.

Once the landing pages are up and running, the next step will be driving consumer web traffic to these pages. This is where the traffic generation approaches such as PPC and SEO come into play. These processes are time taking and costly in terms of efforts as well advertisement costs. While you may start testing these procedures with very little money, the end results may be insignificant.

Why Buy Internet Leads?

Firstly, you cannot ignore internet as a lead generation medium. Over 65% of the consumers start their buying process on the internet, though the final conversion may happen off-site or even in brick and mortar retail settings. Secondly, you can focus on your business and core competency; you don’t need to become an internet wizard. Thirdly, it is affordable. You can test with small investment and then grow as you become comfortable with the process. Finally, it is fully scalable. You can buy 100 leads in a week, if you have the resources for follow up and conversion. The next week you can just by 25 leads, if your work load is heavy.

How to Buy Internet Leads?

The most important factors to be taken into consideration while buying leads generated by third parties are: (1) Quality of Leads, (2) Cost of Leads, and (3) Timely Delivery of Leads.

Unless the leads are of high quality, there is no meaning in buying leads. Hence focus on the lead vendors, their lead generation processes and web sites used, and their past history. You may take a look at the post on 10 Secrets of Successful Internet Lead Buying for great Conversion rates for related discussion.

Follow the following steps in your day to day operations:

• Receive the website leads in a Lead Tracking and Management system. Lead Providers might provide access to a basic lead retrieval and tracking system as part of Lead Generation and Distribution Software; however, if you are buying leads from multiple providers, you may be better off with your own software subscription.
• Distribute the leads received from the provider to your sales team / agents immediately. Your sales lead tracking system with a flexible automatic lead distribution engine (with sales territory management feature) will be of great benefit here.
• Nurture, Track and Manage prospects proactively. Leverage Drip Email Marketing function of your lead tracking system effectively to communicate with the prospects.
• Measure, Analyze and Improve on an ongoing basis. Lead analytics reporting provided by the lead management system will provide a lot of information to analyze and measure the lead quality and conversion statistics.