Budget-Friendly B2B Lead Generation Techniques

Is it true that cash is flowing from your funds like a river to create leads for your business? It tends to be pricey to create quality leads. In a research done by GetApp Lab on lead generation challenges, 11.7 percent of respondents uncovered that creating a budget plan is probably the greatest test. 

This is the reason, you know Demand Generation Benchmark Survey in 2017, most organizations intended to expand their lead generation spending plan between 1 percent to 10% in 2017.

In B2B sales methodology, the sole motivation behind why organizations are effectively searching for leads is to change over them into paying clients. Leads are the heart of every single business. The whole reason behind getting a prospect’s attention is to nurture them and persuade them to choose your products or services. 

We have picked the free or less expensive B2B lead generation strategies that really work, and that you can execute right now.

1. Word of Mouth 

When you are facing the issue of low budget or you are a marketer of a small firm, you should learn more about the technique of word-of-mouth marketing. It is the method of initiating and promoting organic dialogue about your business or product you offer. 

Whether it is online or offline, it is a basic human nature to ask for referrals and suggestions. 

For starting word-of-mouth, you should streamline each part of your business that influences the client experience. This includes getting the telephone to react to inbound calls, answering emails, and an active helpdesk.

2. Webinar

 A webinar is the most advised form of B2B lead generation. It is an excellent technique to get more subscribers then you can use the information of these subscribers to further nurture them. Leads you get from webinars are more qualified as they have already shown interest in your company. 

As per the research done in 2017 by Demand Generation Benchmark – it was observed that 62% of the companies took webinars as one of the most reliable methods to create qualified leads.

3. Local Meetups

Business Networking is still one of the most used lead generation tactics. You know online lead generation is a great way but no one can beat the power of face-to-face communication. It creates a different impact when you meet in person. 

You can contact the Join local Chamber of Commerce or an acknowledged organization to receive a list of forthcoming industry trade shows and events you can visit.

4. Lead Magnet 

Everybody is aware of data protection nowadays. Not a single person wants to share their personal information with an outsider. That is why it is very difficult to create a list of prospective customers. 

You have to give them something valuable in return of their personal contact details. This value is often called a Lead Magnet. Some of the most common lead magnets, you can use are – 

Free trial
Special offer
Coupon
Webinar
Case study
Report
Infographic
E-book
Giveaway
Resource guide

5. Social Media Marketing is the right solution

The key to getting leads faster automatically is to make your account on social media platforms. You can get lads very fastly. You just have to create a perfect social media marketing strategy. You can post content related to your brand and the products or services you offer. 

Make sure to use the right hashtags, creative captions, high-quality pictures that speak for themselves, and remember your main focus is to provide value to your target audience. So that in the future when they face any issue, your product or service will be their solution. 

Ensure that you have provided the right link for your landing page, and google form, so that the traffic won’t face any issue.

6. Cold emails do work!

Cold calling has the power to bring in new buyers and it also supports you in creating an email list for follow-ups. If you want your cold emails to work then you should study your prospects thoroughly prior to sending them a personalized email. 

You can use B2B prospecting tools to create a list of high-quality leads to do your outreach. You also have the option to go through your Facebook friends or members of Facebook groups, Twitter followers, and LinkedIn profiles.