Create a Lead Magnet ? Ok!!! itâs time to think about creating your offer, which many people refer to as your âlead magnetâ. Itâs kind of like fishing, where your leads are the fish, and your lead magnet is the bait that lures them in.
Remember, this offer should appeal directly to your chosen demographic. You canât expect to catch a catfish with a flashy lure meant for bass. While itâs possible, itâs not likely, and youâd stand a much better chance of catching a catfish with something that is known to appeal to themâsuch as chicken livers, or earthworms, or stink bait.
Try to think about what might appeal to your target audience. What would they be interested in learning that they donât already know? What would they be interested in getting a discount on?
Most people create a special report as their lead magnet. Itâs usually 10-20 pages, but may be up to 50 or so, depending on how much you want to say. Longer reports are more appropriate when you have a complex subject and arenât selling information on the topic.
For example, if youâre in real estate and selling houses, you can give away a 50-page guide on how to find the perfect house, including information about stuff like zoning regulations, homeownersâ associations, utilities, road frontage, home inspections, etc.
But if youâre selling a course on SEO, a shorter report, say 20 pages, on a small segment of the topic would be much more appropriate, because you donât want to give away all your information for free.
You can always outsource the creation of your lead magnet, or purchase a high-quality PLR product that you can use. This will save you a lot of time.
You might also consider just offering a hefty discount coupon to leads, especially if you have a product that is in demand in your niche. This is especially useful if you have a recurring business model or a sales funnel with upsells that will allow you to use the initial sale as a loss leader and make more money on the back end later.
Once you have your lead magnet ready, be sure to add a link to it to your autoresponder service as a follow-up after people opt-in. You donât want to have to send all those freebies out manually!
Check your autoresponderâs help files to find out how to set up a follow-up email that contains a link to your lead magnet. The process will be slightly different for each service, but itâs not difficult. Itâs about as easy as sending an email.
Then itâs time to create the squeeze page to promote it!
Create a Lead Magnet – The Squeeze Page –
Your squeeze page is your lead generation page. This is a web page created specifically to collect information from people and once they do, your autoresponder will direct them to the page where they can download their freebie.
This page should be relatively short. Itâs not like a long sales letter. People donât need that much convincing when something is free, but they do need some. After all, they donât want to give up their personal contact details unless they really think your lead magnet will benefit them.
For this reason, squeeze pages should have just enough information to entice the reader into taking action. If itâs too long, people will get bored and leave before they opt in!
Generally speaking, a squeeze page should consist of:
- Headline â This needs to immediately capture their attention and persuade them to continue reading.
- Sub-headline â This provides a little more information and works as your headlineâs supporting agent.
- Bullet points â Quick, digestible highlights about how your prospect benefits by subscribing to your newsletter, or entering your funnel.
- A call-to-action â A direct prompt that instructs your prospect how to complete the process of signing up for your free offer.
- Your lead generation form â usually generated by your autoresponder service or lead generation service with various form fields and a button to submit the information.
Quick Tip: ELIMINATE YOUR WORKLOAD
You can sign up to a service that provides monthly lead generation packages that include squeeze pages, high quality content that you can send out to your list, and everything else you need to start collecting leads and building your backend system.
Information to Collect
Most people collect only the name and email address of their leads, but you might need more information than that, depending on your niche market, and whether you wish to further segment your lists and identify potential customers through demographic based data.
The name and address of potential customers is probably enough information for general marketing purposes, but what if youâre selling a higher-end product or service like real estate or legal services, or something that requires one-on-one contact like coaching, youâll want to begin collecting as much information as possible to help you better connect with potential customers.
In cases like this, itâs probably a better idea to ask for name, address, telephone number, and email. You might even need additional information, such as date of birth (if youâre selling something for adults only, for example) or even more detailed information, such as the breed of dog they own, or their income. You donât want to ask for too much informationâwhich will just cause people to get frustrated and leave without filling out your formâbut you want to get just enough information to make sure theyâre qualified.
In other words, what information do you really need to know upfront, and what can you gather later in the selling process?
Once your squeeze page is set up, and youâve added the lead magnet to your autoresponder service, itâs time to start sending traffic to your squeeze page!