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INBOUND OR OUTBOUNDLEAD GENERATION: WHICH IS RIGHT FOR YOU?
WHEN SHOULD YOU CHOOSE INBOUND LEAD GENERATION?
Market Product Goals
Target market prefers to do their research before making a purchase decision
Target market prefers to consume information online
Products that require more consideration
Products that require explanation to highlight the value
New product people are not aware of
Products that have heavy competition
To get qualified leads
To wait for the qualified leads
A long-term strategy to generate leads in the future
Having a big team to provide valuable content
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WHEN SHOULD YOU PREFER OUTBOUNDLEAD GENERATION?
Market Product Goals
Target market takes quicker decisions
Customer prefers to meet the seller in person, before purchasing
Target market gets more information from the traditional sources
Products that do not require much consideration
Products that don’t need explanation and look straightforward
Products that have a loyal following
Get more leads quickly
You want to use a short-term strategy
You can afford to invest money in outbound marketing
You don’t have time to wait for leads from the inbound approach
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WEIGHING THE BENEFITS AND DRWABACKS: INBOUND LEAD GENERATION
Benefits
Drawbacks
Greater effectiveness
More appeal to digital marketers
Quantifiable
A holistic strategy for interaction
Permission-based marketing
Long-term sustainability
Higher Return on investment (ROI)
Higher conversion rate
Low cost
Infinite or longer-campaign duration.
Specialized diverse team
Risk from competitors
Targeting content not audience
Lesser time availability
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WEIGHING THE BENEFITS AND DRAWBACKS: OUTBOUND LEAD GENERATION
Reach a wider audience
Control over leads
Lesser knowledge for prospects
Short-term campaign
Builds quick revenue
Acquire customers in new market
Acquire dream clients
Predictability of leads
One way communication
Immeasurable
The linear strategy of interactions
Interruption-based marketing
High-cost
Outdated techniques
Lesser effectiveness
Buyers not easily attracted
Benefits
Drawbacks
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STATISTICS OF INBOUND AND OUTBOUND LEAD GENERATION
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52 percent say that inbound lead generation provides quality sales leads (2016)
60 percent say that inbound lead generation provides quality sales leads (2018)
59 percent say that inbound lead generationprovides quality sales leads (2017)
52 percent of outbound marketers say their marketing efforts are “ineffective”- –
State of Inbound marketing, 2017 HubSpot
B2B companies that blogged over 11 times per month received 3X more traffic than B2B companies that blogged 0-1 time per month. – State of Inbound marketing, 2017 HubSpot
52%
60%
11times
59%
52%
CHOOSING THE RIGHT LEAD GENERATION TECHNIQUE DEPENDS ON
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Your Target Market
Your Product
Your Goals