Paid-to-Click-Service

Sunday, February 19, 2012

Lead Generation - Does it Need to Cost an Arm and a Leg?

By Miguel Pancardo


In order for your business to thrive you need a fresh supply of leads on a regular basis. The problem is that obtaining these leads can be expensive so it is a challenging task when you are first starting out and don't have much in your budget to spare. Here are some things to consider that might lower the cost of getting business leads.

A lot of websites are set up just to sell a product. While this can be a lucrative approach, it does little to help you gain future prospects. Although a name and email is usually collected with each sale, there is no further contact or follow up with the customer.

This type of business model allows you to sell a single item one time to a single customer. A better model is to have a way to sell multiple items to that same customer over time through following up. Of course, getting the person to buy multiple times or even the first time requires skillfully written sales page or follow up emails. Most people do not have the skill necessary, so to get the best results, consider having someone else write your copy for you.

However, copywriters that are good at what they do are not cheap to hire. The expense should pay for itself over time however. No matter what type of business you go into, there is an initial outlay or overheard where you have to put money into the business upfront and wait a while for sales to turn into actual profit.

Besides the sales copy, you also need a website that is designed to sell, a domain name, and hosting. These costs mount up quickly and if you rely on single sales to pay the bills, you may not see the profits you want as quickly as you want.

A site that is set up to generate leads on an ongoing basis on the other hand is more profitable in the long run and can pay for itself many times over. The site doesn't even have to be anything fancy or expensive. You can simply offer a free report in exchange for an email address and name. As long as this person stays on your list, you can market to him multiple times and hopefully he will buy from you multiple times over the years.

Because people agree to receive email from you in exchange for your free report, you don't have to worry about spamming. Set up your list to be double opt-in because when you do this, the person must confirm their email address by clicking on a link before they get your free report. This stops anyone from putting in someone else's email address. You know that the people on your list want what you are offering and have signed up for it willingly.

Your lead generation website will collect new prospects for you day after day. Treat these subscribers well and they will remain on your list for years giving you an every growing base of people to market to. You receive all these great benefits at far less cost and effort than setting up a single sales website, plus you will see more profits too.




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