What Is Lead Generation?
Lead generation strategy is not just about driving quality leads into the sales funnel or pipeline, but also managing the growth of your company through inbound marketing. So why is lead generation important? Most businesses depend on the inbound flow of leads, so the ability to appropriately manage that inbound flow is crucial. Lead Generation Strategy can be the key to quality AND quanitity leads.
Find Your Main Metric
To help manage the flow of leads, it’s important to have the right tools—such as analytics and strategy. And perhaps even more importantly, your team must be fully aligned to your primary or main metric and willing to build a measurement framework to help reach that metric. What’s a main metric? It’s a metric that indicates growth for your business, can be tied to increased product engagement, and, eventually, results in revenue. In other words, it’s a pretty powerful way of measuring your lead generation success.
See How They Approach Lead Generation at Salesforce
For Salesforce, the main metric is when an opportunity reaches stage two—which means a prospective customer has been qualified by our sales development org and verified by our sales lead. Taking the time to identify and commit to your own north star metric ensures you spend the right amount of money, in the right areas, and towards the right people. Easier said than done, right? Let’s hear Zand Ushijima, Senior Director of Field Growth Marketing, explain how they approach lead generation at Salesforce.
https://play.vidyard.com/mVbGWSmCKkdrhT9kU2kjRh
Key Timestamps
0:00 – Salesforce on Salesforce Intro
0:43 – What is Lead Generation?
1:53 – Tip #1: North Star metric framework
3:54 – Tip #2: Not all leads are created equal
6:02 – Tip #3: Test. Learn. Iterate. Scale.