Wednesday, November 16, 2011

Lead Generation - An Inexpensive Way To Have Customers For Life

By Miguel Pancardo


In order for your business to thrive you need a fresh supply of leads on a regular basis. The problem is that obtaining these leads can be expensive so it is a challenging task when you are first starting out and don't have much in your budget to spare. Here are some things to consider that might lower the cost of getting business leads.

When many people start their business, they simply put up a sales page and sell an item. While this might be profitable, it does nothing to encourage the growth of the business. Although an email address is probably obtained with each sale, no follow up is made to it.

This type of sales process is singular and contains you to a single sale to a single customer. What you want to do is design it so you have a way of selling other items you have for sale to that same customer. Now, sales letter type pages require an effective text that drives the customer to hit the "Buy" button at the end. Sales copy is a skill that not all people have, so having it written for you is the answer.

Copywriters do not come cheap, especially if they are good and have a proven track record. That is the major cost of sales letter pages. In essence, you are relying on a set number of sales to offset that cost and lead into profit. This is known as overhead or initial outlay and we all have been there at one time or another.

Other expenses you will have to consider are related to the website itself. Not only do you need professionally written copy, you also need an appealing website, domain registration, and hosting. With the first business model, you will have to cover all of your expenses from single sales and will always need to keep ahead of your costs.

When it comes to sites set up for lead generation though, these will pay for themselves over and over. First of all, they do not require lengthy sales copy or fancy websites. All you really have to do is create a simple webpage with a form that offers a free report in exchange for an email address. Once the person is on your list, you can market to him repeatedly which increases the chance of the first sale and multiple sales there after.

Since the people agree to receive email from you when they request your free report, there is no risk of spamming, especially if you use double opt-in. This means that when someone enters their email address for the report, they must first click on a link and confirm their email before the report is sent. This prevents people from entering false email addresses or addresses that belong to someone else. Double opt-in confirms that your prospect is aware of what you are offering and has willingly asked to receive it.

Your lead generation website will collect new prospects for you day after day. Treat these subscribers well and they will remain on your list for years giving you an every growing base of people to market to. You receive all these great benefits at far less cost and effort than setting up a single sales website, plus you will see more profits too.




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