Inbound marketing exists to turn leads into prospects and prospects into customers. Once you have a lead enter your marketing funnel, managing them is crucial for marketing success.
Inbound lead management evaluates and acquires new leads alongside engaging and nurturing throughout the buyer’s journey. You can significantly improve your inbound marketing efforts with a strong lead management strategy.
Here’s how an inbound marketing plan benefits from the lead management process.
1. Convert Leads into Customers
Once you acquire a lead, they are only at the beginning of your marketing funnel. And every lead is unique. You never know which one needs nurturing or which one is ready to make a purchase.
That’s why lead management is so important. Companies normally struggle to convert online leads because they don’t understand lead scoring — the process of prioritizing leads within a sales pipeline.
However, lead management can help you customize a plan specific to your potential customers’ goals. Yet, you must understand your leads and why they are interested in your service. That way, you can engage correctly and share solutions that meet their specific needs.
2. Provides Sales Pain Point Solutions
The only way to tell if your leads qualify is if you have a strong lead generation strategy as part of the lead management process. Not knowing whether they qualify is a true pain point for sales teams. That’s because they spend too much time gaining interest and not enough on prioritizing leads.
Yet, lead management can help you identify your lead’s goals and guide you on the best method for nurturing leads. That way, your sales team will have a better strategy for converting prospects.
3. Aligns Sales and Marketing
Sharing goals and processes are necessary for success. That’s what lead management does — to help improve efficiency between sales and marketing.
Both teams are responsible for maintaining leads, so each must understand your target audience strongly. Yet, they also should know how to identify ideal target customers within the buyer’s journey.
With lead management, both teams can focus on lead generation through a singular goal.
4. Enhances Marketing Campaign
Marketing teams must provide content for leads at each stage of the buyer’s journey. Doing so supports sales by nurturing leads and providing them with quality leads.
Lead management allows your team to organize and segment leads and send custom messages tailored to them. For instance, suppose a lead converts into a customer. Marketers can determine which campaign and type of content were valuable before closing the deal.
As they move forward and more deals close, they can see a pattern in what is working for customers and when. Overall, segmenting leads helps increase your return on investment through unique marketing campaigns.
5. Helps Businesses Scale Growth
While lead management is broad, it works alongside your inbound marketing strategy, helping you create long-lasting relationships with customers. Essentially, customers are helping you reach your goals because you’re helping them achieve theirs.
Inbound lead management can help scale your business by streamlining processes and optimizing customer service, acquisition and retention.
Achieve Business Success With Inbound Lead Management
Lead management is vital to your business’s success. Consider incorporating it into your marketing strategy by testing various techniques. It will be part of the foundation of your inbound marketing, eventually leading you to more sales.