Lead generation Lead generation is the process of identifying and attracting potential customers (or leads) who are interested in your products or services. It involves using various strategies and tactics to capture the attention of individuals or businesses and convert them into prospects that can later be nurtured and guided through the sales process.
Types of Lead Generation: Inbound Lead Generation: Attracting leads through content that pulls them toward your brand. Examples: Blogs, social media posts, SEO, webinars, free trials, or eBooks. Outbound Lead Generation: Actively reaching out to potential customers to introduce them to your product. Examples: Cold emails, cold calls, paid ads, direct mail, or networking events.
Lead Conversion Lead conversion is the process of turning a potential customer (lead) into an actual customer by encouraging them to take a desired action, such as making a purchase, signing a contract, or subscribing to a service. It's a key step in the sales funnel where prospects who have shown interest in a product or service complete the intended goal.