Your Lead Generation Methods Have to Change

sales in action Lead generation is a fairly core activity to marketing. Sales people need leads to close sales. You might not always look at it in those baseline terms, but that’s the general process, right? Find people who want that thing you’re selling, be that Jesus or real estate, higher education or luchador masks.

You build someone’s interest, you make the offer, you close the sale. That’s the basic cycle. Let’s talk about leads and how lead generation might have shifted in the last little while. I’m thinking that our tactics and strategies have been born out of yesterday’s “mild interest” methods, versus a shift, I’m thinking, to today’s “they presented a need” method.

Sound Like Your Plan?

You have a product to sell. To get interest, you look for your target market of prospective buyers and try to figure out what they are like. You then try messaging them using whatever forms work for you. Maybe you buy some door knockers with your offer on them, or you buy radio spots in the 6-9AM drive time sports radio markets of 14 key cities. Maybe you’ve got a website that tells people the same stuff you put in your direct mailing piece, so that you have brand consistency.

Some number of people limply respond to your call to action. They opt into the next wave and your sales process kicks in to try and close them before they lose interest. If they don’t close, you just keep sending them information, trying to keep the pulse of that lead alive by reinforcing what you’ve been sending them.

In this above model, you have to keep coming up with new offers, new ideas, new ways to make something seem interesting and pertinent. Think about Ford for a moment. They are out there trying to figure out what else to say about their new Ford Flex so that people will swing by and give it a chance. But the thing is, we the consumer aren’t exactly reacting that way any more.

That was distraction marketing, or interruption marketing, as Seth Godin called it forever ago. That’s list building. And list pounding. And it’s not always bad to have a list, but how are you cultivating it?

The New Stuff

If you’re Seth, you call it Permission marketing. If you’re Hubspot, you call it Inbound Marketing. You call it whatever you want to call it, but we’re in a world where the power of marketing is in the hands of the consumer more than the marketer right now, at least in the wide area of the sales funnel.

The new lead generation shifts your methods as a marketer from “talk about your dumb product” into “empower the users.”

(That, by the way is the nugget of this whole piece.)

The lead process used to be “beat people with information until your sales person closes them.” Now, it’s a little bit more about relationships with products and companies. Look at Dell’s Digital Nomads. They are all about helping out a certain niche of prospect. They’re not selling. They’re equipping. It’s perfect. It’s exactly what I’m talking about.

The thing is, there are many more examples here. Smart people are finding ways to reach out and equip and empower their customers and prospects.

You think this isn’t sales? You think this isn’t lead generation?

Greg Cangialosi from Blue Sky Factory is an example that Julien Smith and I write about in our upcoming book, Trust Agents. Why? Because Greg practices a very real, very natural lead generation methodology (he wouldn’t call it this at all): be there before the sale.

This isn’t lead generation the way you’re thinking. This is being a human, thinking with a business mind, but acting human in the end. Greg hangs out where his customers hang out. Sometimes, he sponsors (by the way, Greg signed on to support my 2009 New Marketing Summit events, so if that requires disclosure, there you go), but lots of times, Greg just shows up to be part of the gang. He’s a published author in the podcasting space. He’s a media maker. He’s one of us (another point in the book with Julien). Greg gets it from a human and face to face way, but he also knows he can’t be everywhere. (Only I can.)

Scaling This

The web, silly. There are tools to have your conversations right out in the open where they might inspire other people (Twitter). There are tools that let you market by equipping people to do useful things with or without your dumb product (blogs). There are tools that let you meet more people and be there long before the sale (Facebook, LinkedIn, your various niche Ning sites, message boards, Yahoo groups). There are ways to reach the elusive and the on-the-go (podcasts – have you ever stopped to realize that moms are often too busy to read blogs, but could potentially keep one earbud in to listen to an iPod?).

And if you’re going to do this, and you’re going to want these to be your new leads, you have to do the other part of the equation and treat them like a new kind of lead. Meeting me at a party and getting my business card doesn’t make me a sales prospect.

Have you watched Boiler Room lately? Do it. That would be a “wood” lead.

If you’re going to use social media tools to work on “wide funnel sales” opportunities, then you’ve got to make a conversion engine, something that moves me from “love your blog” into “want your product.” And that’s a lesson for another time.

Your Turn

So, you’re the pro. Tear me apart. What’s wrong here? Don’t say scale. This isn’t about scale. Look how good scale’s been treating you lately.

What’s good and bad about these ideas to you?

Photo credit, Josh Staiger

Related posts:

  1. Where Rabbit Holes Lead
  2. Looking for a Project Lead
  3. Guest Post – Generation Y in the Workplace Explained
  4. Lead with benefits. Follow with features.
  5. The Hand-Me-Up Generation

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  • http://peoplepersonpower.com Toby

    Matt,
    I don’t think it’s possible to convince the numbers people…yet. The power of this social media thing is apparent to those who use it, but, like the Internet before it, there will be MANY late-adopters.

    Toby

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  • Guest

    I was also going to comment on the late adopters and the plain old, don’t get it don’t have time to get it trying to make the numbers non-adopters. People, especially in this economy are going to do more that has worked in the past – it is human nature – it works, repeat it. I think the risk takers will try social media, but I think it will really grow when we get good at communicating the return for the investment. (or time, creativity, staff, money, etc.)

  • http://generousmarketing.typepad.com Jennifer

    I was also going to comment on the late adopters and the plain old, don’t get it don’t have time to get it trying to make the numbers non-adopters. People, especially in this economy are going to do more that has worked in the past – it is human nature – it works, repeat it. I think the risk takers will try social media, but I think it will really grow when we get good at communicating the return for the investment. (or time, creativity, staff, money, etc.)

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  • http://impactinteractions.com/ Jennifer Graziani

    I would argue that an economic downturn would be an even better case to adopt online community and social media as a means of lead generation. Sure, fewer companies will have the chutzpah to leave behind the traditional methods of marketing, but the ones that do will emerge from this recession as differentiators and likely in a stronger state than where they are now.

    Of course there will be late adopters and your entire target market may not be riding the community train yet but thats the beauty of online community and social media! It can be a suppliment to the measures that you are already taking to generate those leads – Just beware of canabalizing your existing efforts.

    Jen

  • http://impactinteractions.com/ Jennifer Graziani

    I would argue that an economic downturn would be an even better case to adopt online community and social media as a means of lead generation. Sure, fewer companies will have the chutzpah to leave behind the traditional methods of marketing, but the ones that do will emerge from this recession as differentiators and likely in a stronger state than where they are now.

    Of course there will be late adopters and your entire target market may not be riding the community train yet but thats the beauty of online community and social media! It can be a suppliment to the measures that you are already taking to generate those leads – Just beware of canabalizing your existing efforts.

    Jen

  • http://www.damphousse.org Mike Damphousse

    I’ll add to this with one comment. Sales people talk about bringing value to their prospects, becoming “consultative sales people”. Marketers need to make a similar shift. Prospects would rather google up a solution and issue a PO than be called on by sales people. The latter will never go away, but the former can be enabled in a much better way. Great post Chris.

  • http://www.damphousse.org Mike Damphousse

    I’ll add to this with one comment. Sales people talk about bringing value to their prospects, becoming “consultative sales people”. Marketers need to make a similar shift. Prospects would rather google up a solution and issue a PO than be called on by sales people. The latter will never go away, but the former can be enabled in a much better way. Great post Chris.

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  • http://www.caskeyone.com/blog Bill Caskey

    Chris,
    Like the idea of podcasting as publishing. I recommend people podcast, then send their audio files to Kunaki who will turn it into a CD so you can give them out at tradeshows….cold calls…networking events etc., Repurposing….

  • http://www.caskeyone.com/blog Bill Caskey

    Chris,
    Like the idea of podcasting as publishing. I recommend people podcast, then send their audio files to Kunaki who will turn it into a CD so you can give them out at tradeshows….cold calls…networking events etc., Repurposing….

  • http://www.webvantix.com Preston Ehrler

    Chris, interesting you discuss leads and in the same post the movie Boiler Room (that was set on the company AR Barron which I’m very familiar with as I worked on Wall Street for almost 20 years and knew a person who went to jail for his actions at Barron). I now have a website design/development company and find that creating leads and cold calling, yes COLD CALLING has produced the bulk of our customers. As a matter of fact in the years I worked on Wall Street, all the networking and palm pressing and parties etc, my largest customer, $45 million dollar account, was generated from a cold call.

    I find it interesting that social networking (now social media) is such a buzz, but I think that when dealing with the actual bulk of potential customers, they don’t Twitter, or Facebook or FriendFeed, as they are simply too busy, and therefore too disconnected to find someone like Webvantix via networking. So, how do we generate our leads at Webvantix…well that’s the secret sauce isn’t it? Let it be known, if it were from any of the social networking/social media sites we would be starving, as it seems it’s a bunch of gurus speaking to other gurus…the nitty gritty small companies out there that hire us are just too busy to participate, and do appreciate the frontal assault of “are you interested in what we have to offer…yes or no.”

    Thanks for the opportunity to rant and discuss leads and prospecting–I love it so! Preston Ehrler, http://www.webvantix.com

  • http://www.webvantix.com Preston Ehrler

    Chris, interesting you discuss leads and in the same post the movie Boiler Room (that was set on the company AR Barron which I’m very familiar with as I worked on Wall Street for almost 20 years and knew a person who went to jail for his actions at Barron). I now have a website design/development company and find that creating leads and cold calling, yes COLD CALLING has produced the bulk of our customers. As a matter of fact in the years I worked on Wall Street, all the networking and palm pressing and parties etc, my largest customer, $45 million dollar account, was generated from a cold call.

    I find it interesting that social networking (now social media) is such a buzz, but I think that when dealing with the actual bulk of potential customers, they don’t Twitter, or Facebook or FriendFeed, as they are simply too busy, and therefore too disconnected to find someone like Webvantix via networking. So, how do we generate our leads at Webvantix…well that’s the secret sauce isn’t it? Let it be known, if it were from any of the social networking/social media sites we would be starving, as it seems it’s a bunch of gurus speaking to other gurus…the nitty gritty small companies out there that hire us are just too busy to participate, and do appreciate the frontal assault of “are you interested in what we have to offer…yes or no.”

    Thanks for the opportunity to rant and discuss leads and prospecting–I love it so! Preston Ehrler, http://www.webvantix.com

  • Guest

    I agree with Preston – the traditional methods do still work. I think you need to work both SM and traditional methods. There are tried and true processes that work – working a funnel. And, my biggest customer does not even know what a blog is. I think online media in general is missing a large portion of our market because we don’t slow down and speak the language of our customers.

  • http://generousmarketing.typepad.com Jennifer

    I agree with Preston – the traditional methods do still work. I think you need to work both SM and traditional methods. There are tried and true processes that work – working a funnel. And, my biggest customer does not even know what a blog is. I think online media in general is missing a large portion of our market because we don’t slow down and speak the language of our customers.

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  • http://www.educationleads-news.com Perry

    This system should be used by those companies who are looking for education leads. Rather than merely asking for prospect information such as student interests, they can make their leads more interactive through blogs, polls, and message boards. They don’t only get to educate these students in choosing the most ideal course for them, but they can also get a general feel of what kinds of courses most of them are eyeing for.

  • http://www.educationleads-news.com Perry

    This system should be used by those companies who are looking for education leads. Rather than merely asking for prospect information such as student interests, they can make their leads more interactive through blogs, polls, and message boards. They don’t only get to educate these students in choosing the most ideal course for them, but they can also get a general feel of what kinds of courses most of them are eyeing for.

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  • Andrew

    Sounds good stuff for generating more quality business. Here's another quality resource http://www.bnbuzz.com/lead-generation-technique…. Think this helps too..

    Andrew

  • Andrew

    Sounds good stuff for generating more quality business. Here's another quality resource http://www.bnbuzz.com/lead-generation-technique…. Think this helps too..

    Andrew

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  • http://www.yuregininsesi.com sesli chat

    I think the underlying resistance is to the shift to buyer power; and in large companies, or smaller traditional companies, seller power is embedded in culture, processes and systems. Part of the DNA so to speak. In these cases it may take a lot of pain and an accumulation of many incremental steps before a shift to inclusion and empowerment occurs. But it has to happen because the never-ending increase in competition for attention share will force it. Internal customers can provide a good staging area for empowering or “equipping” the customer programs.

  • http://www.billeebrady.com Billee Brady

    Hi Chris,
    Great blog post, Lead generation has definitely changed over the years and you outlined it perfectly.
    Thanks,
    Billee Brady

  • http://www.billeebrady.com Billee Brady

    Hi Chris,
    Great blog post, Lead generation has definitely changed over the years and you outlined it perfectly.
    Thanks,
    Billee Brady

  • Madison Florence

    Nice post man,I like the way you tell it straight, keep up
    the good work. A lot of great info.Very useful information! I’ll keep this post
    handy. Thank you very much. Well, I recently read a great guide about how to
    build a lead generation engine that maps to how customers buy. Check it out
    http://www.inboundsales.net/resources/the-executives-guide-to-building-a-lead-generation-engine