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Table of Contents 3. Lead Generation to Increase Conversion/SMB METHODOLOGY 4. Most Important Objectives 5. Lead Generation Strategy Success Ascend2 benchmarks the performance of popular 6. Critical Challenges to Success digital marketing strategies and tactics using a 7. Sales Cycle Encountered standardized questionnaire 8. Analyzing Objectives and Challenges and a proprietary 3-Minute Survey format. 9. Source of the Best Conversion Rates This survey was fielded to 10. How Conversion Rate is Changing a panel of research 11. Content Generating the Most Conversions subscribers and marketing influencers by Ascend2 and 12. Content Development Resources Used Insty-Prints. 13. About the Research Partners Lead Generation to Increase Conversions/SMB Generating high-value leads that are ready to convert requires an effective SURVEY RESPONDENTS strategy with proven tactics to succeed. N=173 SMBs But how does an SMB develop an effective lead generation strategy to turn more leads into more customers, faster? Role in the Company To find out, Insty-Prints and Ascend2 fielded the Lead Generation to Increase Conversions Survey. Owner / Partner / CXO 46% VP / Director / Manager 39% The data in this edition of the study, titled Lead Generation to Increase Conversions for the Small and Medium-sized Business, exclusively represents Non-Management Pro 15% the opinions of marketing influencers working for companies with fewer than 500 employees. We thank these busy professionals for sharing their valuable insights with us, and you. Primary Marketing Channel B2B (Business-to-Business) 49% This research has been produced for your use. Put it to work in your own marketing strategy. Clip the charts and write about them in your blog or post B2C (Business-to-Consumer) 29% them on social media. Please share this research credited as published. B2B and B2C Equally 22% Enjoy! 3 Most Important Objectives Clearly, a most important What are the most important OBJECTIVES of a lead generation strategy? objective for 73% of SMBs to achieve with their lead Increase lead-to-customer conversions 73% generation strategy is to increase lead-to-customer Increase number of leads generated 47% conversions. This requires increasing the number of leads Improve lead data quality 47% generated – an important objective for nearly half (47%) Increase website traffic 28% of SMBs. Reduce cost to acquire leads 27% Measure lead generation ROI 24% Automate lead generation processes 22% Lead Generation to Increase Conversions for the Small and Medium-sized Business Ascend2 and Insty-Prints, Published October 2017 4 Lead Generation Strategy Success 44% of SMBs consider their lead How SUCCESSFUL is a lead generation strategy at generation strategy very achieving important objectives? successful, while another 46% consider it somewhat successful. The remaining 10% have yet to successfully achieve the Unsuccessful; 10.00% important objectives of their lead generation strategy. Very successful; 44.00% Somewhat successful; 46.00% Lead Generation to Increase Conversions for the Small and Medium-sized Business Ascend2 and Insty-Prints, Published October 2017 5 Critical Challenges to Success What are the most critical CHALLENGES to lead generation success? Two of the most critical challenges to lead generation success are increasing lead-to-customer Increase lead-to-customer conversions 50% conversions and improving lead data quality for 50% and 48% of Improve lead data quality 48% SMBs respectively. To achieve success, tactics must be formulated Increase number of leads generated 40% to overcome these top challenges. Reduce cost to acquire leads 34% Increase website traffic 32% Automate lead generation processes 29% Measure lead generation ROI 29% Lead Generation to Increase Conversions for the Small and Medium-sized Business Ascend2 and Insty-Prints, Published October 2017 6
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