How to Generate New Leads Without Spending a Fortune

How to Generate New Leads Without Spending a Fortune

Automate your marketing process What are your highest marketing costs? That’s why all my websites have blogs. Now you can generate new leads just based on organic search traffic alone because of your blog. Having a blog is one thing, but if you’re only posting once a month or so, it’s not going to be an effective strategy. People will search for content directly on YouTube, but that’s not the only way you can use these videos to your advantage. It’s one less piece of content they’ll need to produce, and it’s a great way for you to generate new leads. You answer the question and provide a link to your website—maybe even a link to one of your blog posts or informative guides on the topic. You can use automation tools to help save you time and money on marketing. Don’t forget to respond to consumer questions on social media. What cost-effective strategies is your brand using to generate leads?

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Every brand needs new customers.

Those of you who have been in business for a while may be doing fine generating high sales from your existing customers.

But that business model isn’t sustainable forever. There comes a point when you won’t be able to grow without new leads.

This is especially important for newer companies. Since you haven’t been operating for a long time, you definitely need new leads just to survive.

But where do you find them?

It’s a common misconception that generating new leads is costly. Here’s something to consider. Yes, it’s more expensive to acquire a new customer than it is to retain an existing one.

In fact, research shows that customer acquisition costs can be six or seven times greater than those of retention campaigns.

That said, this doesn’t mean generating new leads has to be outrageously pricy.

According to research, 69% of marketers say lead generation is a top organizational goal for their content strategy.

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It doesn’t matter what industry you’re in or whether your brand is new or old. Everyone can benefit from this guide. I’ll show you my favorite cost-effective lead-generation strategies.

They are easy to implement, and I can assure you you’ll notice results fast.

Automate your marketing process

What are your highest marketing costs?

Time is money. If you’re spending endless hours each day sending out emails and updating social media pages, it’ll cost you big bucks in the long run. Each minute you spend on marketing takes away from your other daily business operations.

Depending on the size of your business, you may have people in place to run some of your marketing campaigns so you don’t have to.

Great, right? Wrong. Think about the costs associated with paying these people. Rather than paying your employees to manually send emails to subscribers or post new content on social media, you can use technology to help.

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As you can see from the data, only 24% of companies aren’t using marketing automation at all. The majority of businesses are using some form of automation.

But only 14% of these marketers describe their automation usage as higher than intermediate.

Even if you are doing cold email outreach, you can save much time by automating the process using a combination of tools such as Voila Norbert, Gmass, Dux Soup, and Zapier.

Yes, the majority of these tools won’t be free. But you can still get them for a fraction of the cost of what you’re paying someone else to complete these tasks.

Don’t get me wrong. I’m not saying you need to get rid of your employees completely, although some of these tools could potentially save you a salary or two. But with the added free time, you can use your employees for other business operations that generate growth.

Automation needs to become a priority for your brand. These tools can save you money and help you create new leads.

Grow your email subscriber list

This method is somewhat related to the previous tactic.

Before you can use automation tools to email your subscribers, you need to have subscribers in the first place. Run campaigns specifically designed to get more people to sign up for your emails.

For the most part, this won’t be very expensive.

Sometimes, all it takes is a quick redesign of some of your website elements. Make it easy for people to opt in on every page of your site. Give them an incentive to subscribe.

Just saying “sign up for emails” isn’t always enough.

Are you selling something? Give them a discount off their next purchase for signing up.

Email marketing is inexpensive and highly profitable. Most software will cost you a reasonable monthly or annual fee based on the number of subscribers on your list.

While these costs may not sound appealing, research shows email marketing yields a high ROI.

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This explains why it’s such a popular marketing tactic.

I get it. It’s 2018, and you’re looking for some new or sexy way to market your brand. But sometimes sticking with the basics is your best bet, especially when you’re trying to save money.

Email marketing isn’t dead. It’s still alive and thriving.

Growing your active subscriber list needs to be an essential component of your content strategy.

Once you add people to your list, you’ll have endless opportunities to market to them. It’s a great way for you to directly drive sales with your new leads.

Start a blog

Blogging is one of my favorite ways to generate new leads. That’s why all my websites have blogs.

There are many benefits to blogging. I could go on and on about this topic, but I’ll spare you for now and just give you the highlights.

For starters, your blog will serve as a way for you to constantly post new content on your website. It’s a great opportunity for you to use keyword research to improve your SEO ranking.

Now you can generate new leads just based on organic search traffic alone because of your blog. Furthermore, the topics of your blog can also encourage sales.

I’m not saying you need to be a salesperson 24/7 with everything you publish. You can still have some fun with your posts.

But ultimately, your blog posts need to have some kind of unifying goal. Use them to create brand awareness, provide informative guides, or, in this case, generate new leads. And your blog post goals can be a combination of these.

Another reason why I recommend blogging as a top lead-generation strategy is because it’s not going to cost you much. The only major cost is going to be your time spent writing.

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If you currently have a blog, make sure you are constantly updating it with new content.

Having a blog is one thing, but if you’re only posting once a month or so, it’s not going to be an effective strategy.

Try to establish a group of regular readers to maximize your results and generate as many leads…

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