“The B2B marketing funnel assists in understanding the possible steps your potential customer takes before making a choice in a B2B setting. How can you create a lead generation funnel to future-proof your B2B marketing?” Generating leads can be a challenging task for B2B companies. However, with the right approach to your marketing funnel, you can attract and convert leads into customers. In this blog post, we’ll discuss how you can use your B2B marketing funnel to increase lead generation.
Understanding Your B2B Lead Generation Marketing Funnel
Before we dive into utilizing your marketing funnel, it’s essential to understand what it is. The marketing funnel is the process a potential customer goes through before purchasing or making a decision. The B2B marketing funnel consists of four stages: Awareness, Interest, Decision, and Action. Understanding each stage and how to target potential customers at each stage is essential to increasing lead generation.-
Awareness Stage (TOFU)
Here are the following ways to generate awareness in the market:
- Search Engines can generate awareness among potential prospects about the company, product, or services. For example: Google, Yahoo, Yandex, Baidu, etc.
- Referrals can also make an impact and drive awareness in the market, where the company can promote itself to generate potential leads through guest posts, interviews, social bookmarking, reviews, roundups, and more.
- In the business-to-business sector, creating brand awareness through social media platforms like LinkedIn, Facebook, and Twitter is the most critical factor.
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Interest Stage
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Decision Stage
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Action Stage
Common Gaps in the B2B Marketing Funnel and How to Fix Them
- Relying on Vanity Metrics: Fix it with the real-time engagement showing genuine intent signals, not just relying on clicks.
- Outsourcing the data from third-party vendors lacking accuracy: Fix it with first-party data and zero outsourcing.
- No personalization, one sized fit for all message: Fix it with personalization considering their pain points and ABM strategy.
Targeting the Right Audience
To target a particular audience, it is necessary to research, understand and gather relative information regarding market trends, buyer needs, and the strategies competitors have. In a marketing funnel to increase lead generation without losing brand trust, marketing budget, time, and resources you must ensure that you are targeting the right audience at the right time and place matching your ideal profiles. This means understanding your ideal customer and personalizing your marketing efforts in expanding to new geo locations. You can create buyer personas and conduct market research to identify your target audience’s pain points and challenges. By targeting the right audience and personalizing your message or content helps them in converting and increasing ROI. According to McKinsey, companies that use personalization report a 40% increase in revenue. Source: thecmoProviding Valuable Content
To provide valuable content in the marketing funnel stage, you must have a deep knowledge of your audience, matching your ICP. And before delivering valuable content, it’s necessary to create high-value content considering your audience’s ideal problems while solving their pain points. The valuable content can consist of, blogs, case study, whitepaper, video, newsletter. By delivering such content, you can establish your business as a thought leader in your industry and build trust with potential customers across the targeted region. This trust can ultimately lead to increased lead generation and conversions.Nurturing Leads
Once you have generated leads, nurturing them through the marketing funnel is essential. This involves providing them with targeted content that addresses their pain points and challenges. Doing so lets you keep your business top-of-mind and build a relationship with potential customers. This relationship can ultimately lead to increased conversions and customer loyalty.Vereigen Media Strengthens Every Stage of Your Funnel for Lead Generation
At Vereigen Media, we work on one promise, real engagement from real people. That’s why we work ahead of the vanity metrics to drive genuine leads rather than just a contact list.Here’s how our solutions help you in B2B lead generation funnel:
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Verified Content Engagement (Content Syndication):
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VM Engage (Display and Programmatic Ads):
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ABM Campaigns:
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Demand Generation:
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Event Registrations:
