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Lead nurturing strategies help you build relationships with site visitors who aren’t ready to make that first purchase.
Consumer hesitance is quite common. According to Adobe, about 96% of website visitors aren’t ready to buy. So, while it’s important to make a good first impression, you should also focus on making a lasting impact.
Not only do you want to leverage brilliant designs and a great user experience to keep visitors on your site, but you also want to stay in touch and nudge potential customers in the right direction until they’re ready to convert.
Read on to learn how to do this with the most effective lead nurturing strategies.
What’s lead nurturing?
Lead nurturing involves fostering relationships with potential customers to ease them through the buying journey. You provide relevant and valuable information to site visitors at each stage of the sales funnel with the ultimate goal of guiding them toward converting. Conversion can differ depending on the products and services you offer — it might mean signing up for an account, filling out a contact form, or making a purchase.
Most site visitors aren’t ready to take action, so no matter your lead nurturing strategy, the main goal is to transform a “no” or “not yet” into a firm “yes.”
The importance of nurturing leads
Lead nurturing drives sales, but its benefits extend far beyond mere transactions. Here are a few important ways nurturing leads can enhance your organization’s success.
Creates buzz for your business
Lead nurturing serves as an effective means to educate prospects about your products and services. Product landing pages and social posts can be limited in fully explaining the impact of what you offer, but through nurturing, you can paint a more comprehensive picture of your company.
By providing in-depth insights and tailored information, you guide potential customers in understanding who you are and what value you can bring them. For example, targeted emails might showcase diverse product features to ensure prospects grasp everything your company has to offer.
And regular communication through lead nurturing ensures your brand stays top of mind with prospects. You become a memorable presence in your target audience’s life as you consistently engage with them. Then, when it comes time to purchase, customers will likely remember you as a familiar and fond presence. This increases their likelihood to purchase.
Builds brand trust
Lead nurturing is inherently trust-building. Since it involves developing a deep understanding of your audience’s pain points and subsequently offering a valuable solution, you have the opportunity to connect deeply with your target audience and make them feel heard.
By speaking to and alleviating specific challenges, you also demonstrate that your relationship isn’t solely transactional — you’re also providing the necessary tools and information to benefit your audience. And by consistently delivering valuable content and insights, you strengthen this foundation of trust. A positive side effect of this trust is that it might make prospects more inclined to consider purchasing down the line.
Bolsters your sales strategy
While sales teams often focus on immediate transactions, lead nurturing is all about the long game. It provides an opportunity to target future customers and paves the way for future sales opportunities. This proactive approach ensures that potential customers remain engaged and gradually move through the sales funnel, increasing the chance of conversion when the timing aligns with their needs. It might also mean your company has fewer “lean” months because you’re consistently bringing leads through the sales funnel.
Reduces customer acquisition costs
Efficient lead nurturing allows you to turn to cost-effective methods for attracting customers. By nurturing leads and building relationships over time, you reduce the reliance on more expensive acquisition methods, like pay-per-click advertising. This reduction in marketing expenses positively impacts your customer acquisition costs (CAC), a key metric for evaluating the efficiency of your marketing efforts. Spending less on acquiring customers improves your bottom line and enhances the overall cost-effectiveness of your business strategies.
Essential components of a lead nurturing strategy
Lead nurturing campaigns consist of several basic tactics that collectively create a framework you can use to engage with and convert site visitors. Here are several such tactics.
Lead generation
Lead generation involves engaging with potential customers who’ve expressed interest in your product or service. It’s also the first step in the lead nurturing journey.
This phase often begins with various touchpoints on a website, like contact forms, newsletter sign-ups, or downloadable content. You might offer a free guide or webinar relevant to your industry, and visitors who willingly provide their contact information in exchange for this resource become leads.
Social media advertising, search engine optimization (SEO), and paid online campaigns can also drive potential customers to engage with your site. And this lead generation lays the groundwork for effective customer conversion.
Segmentation
Segmentation requires categorizing leads based on specific criteria like title, role, industry, and sales stage. This allows you to tailor communication to each segment’s unique pain points and purchasing behavior.
Consider a software company that caters to both small startups and large enterprises. Effective segmentation involves creating distinct messaging for each group. Small business owners may be interested in cost-effective solutions and scalability, while enterprise clients may prioritize robust features and customization options. By tailoring content and communication to address these specific needs and concerns, you can increase user engagement and resonate more effectively with various target audiences.
Customer nurturing
Customer nurturing is the ongoing effort to build and strengthen relationships with both potential customers and existing clients. It involves guiding them through the various stages of the customer journey while ensuring a positive experience.
Nurturing potential and current customers extends beyond the initial purchase. Consider a customer who recently bought a pair of shoes online. A nurturing strategy might involve sending personalized follow-up emails that provide styling tips, targeted social marketing campaigns about specific products, and exclusive website discounts on related products. By maintaining ongoing communication and adding value after the purchase, you cultivate customer loyalty and increase the likelihood of repeat business.
Customer focus
Effective lead nurturing requires you to center all interactions on the individual customer. This involves personalization techniques like addressing site visitors by name and aligning your messages with your users’ current needs.
Personalization is a key differentiator in the digital realm. For instance, an ecommerce platform might use data analytics to understand a customer’s preferences and purchase history. The team can then tailor subsequent interactions to showcase products relevant to this person’s interests.
Personalized recommendations, exclusive offers, and targeted personalized site content based on a customer’s behavior create a more engaging and satisfying shopping experience. Ultimately, this strengthens the customer-brand bond and can result in more business.
Progressive profiling
Progressive profiling is the method of gradually collecting additional information about leads over time. Instead of bombarding a potential customer with requests for all their information in one go, you collect customer data during key interactions to build a comprehensive and detailed user dataset. This approach helps businesses refine their understanding of customer preferences and needs without “gatekeeping” and requiring registration before allowing access to products or services. Gatekeeping can lead to user friction and make customers drop off during the nurturing process.
Consider a subscription-based service that progressively gathers information about its users. Initially, the user might only provide basic details during the sign-up process. Subsequent interactions, like completing a profile or participating in surveys, yield more insights.
This incremental approach enhances personalization and enables businesses to anticipate and meet ever-evolving customer needs more effectively throughout the customer journey.
How to effectively nurture leads throughout the buyer’s journey
Lead nurturing is a dynamic process that involves guiding potential customers through the following five steps of the buyer’s journey. Understanding each phase helps you effectively gauge where your visitors are in the conversion process and shepherd them toward making a purchase.
Awareness
Before this first step, a lead is considered “cold.” This means they haven’t yet entered your sales funnel. Once they reach this awareness stage, they’re aware of your business — but they may not know much more than that it exists.
At this point, your goal is to help users understand the value your product or service provides. While this value proposition should focus on solving specific pain points, avoid overwhelming site visitors with too many details. Instead, focus on the big picture and conclude each interaction with a compelling call to action (CTA) that encourages leads to move deeper into the sales funnel. You can also request their contact information to lay the groundwork for further engagement.
Interest
When a lead shows initiative and takes proactive steps to learn more about your solution, they progress to the interest stage. At this point, you can share more about your company’s offering through downloadable guides and in-person or online company events.
Like before, end each interaction with a CTA that encourages leads to explore your brand or product in greater detail. This stage is about building on your lead’s initial interest, providing additional insights, and creating opportunities for deeper engagement.
Consideration
As your lead becomes acquainted with your unique brand positioning and acknowledges your potential to solve their challenge, they enter the consideration stage. This means they’re actively weighing the pros and cons of making a purchase.
Here, you should shift your focus to walking leads through the features of your product. Show how your offering can deliver results and alleviate their pain points. Provide detailed information about your product’s capabilities and address specific needs and concerns the lead may have identified during the awareness and interest stages.
Evaluation
In the evaluation stage, the lead has signaled a serious interest in making a purchase. Now, your task is to delve into concrete details about how your product or service stands out from the competition. Highlight differentiation factors and give the lead opportunities to experience your offering firsthand. You might also provide social proof and client testimonies so users can see how others have benefited from your product.
Purchase
You’ve reached the final step in the lead nurturing journey, and your lead is ready to make a buying decision. At this point, you’ll focus on simplifying the purchasing process, offering customer support, and reinforcing your product or service’s value proposition.
7 effective lead nurturing strategies
Effective lead nurturing helps your sales team implement other sales tactics. But moving leads through the five stages above isn’t always straightforward — sometimes, potential customers move back and forth between stages, and one nurturing tactic might not work on everyone.
To ease your process, here are seven lead nurturing best practices to consider as you nurture leads.
1. An effective website
A great site converts visitors into leads — without extra effort and meddling from your team.
Here are a few ways to leverage your website for lead nurturing:
- Optimize the homepage to provide valuable, buyer-focused information
- Provide an intuitive user interface (UI) with easy navigation
- Use clear CTAs
This way, you can guide leads through their journey while capturing valuable customer data along the way.
2. Lead scoring
Lead scoring involves assigning a numerical value to leads based on their interactions and engagement with your content and brand. By assigning scores to leads, you can prioritize prospects with higher engagement levels. So a lead who regularly interacts with your content, attends webinars, and downloads multiple resources may receive a higher lead score. This strategy ensures that your sales team directs efforts toward those most likely to convert.
3. Retargeting
Retargeting is the process of reengaging leads who’ve interacted with your website or content but haven’t completed a desired action (like making a purchase or filling out a form). This strategy relies on tracking technologies that display targeted ads to leads across various online platforms after they leave your website. Doing so keeps your brand in front of potential customers and reminds them of your offering. It also encourages them to revisit your site.
4. Social media tactics
Leveraging social media for lead nurturing means strategically engaging with your audience across platforms to build relationships and showcase your brand’s personality. Through social media, you can share relevant content, interact with leads, and address their inquiries.
The conversational nature of social platforms facilitates two-way communication that gives your business a “human face.” This allows for more personal connections. And an active social media presence helps your target audience connect with one another. Happy customers can share success stories and reviews to convince potential buyers to trust your brand.
5. Multichannel distribution
Multichannel distribution involves reaching leads through various channels while ensuring a consistent and cohesive experience across different touchpoints. This strategy recognizes that leads interact with businesses through a variety of means, like email, social media, and your website. Be sure to have a unified message and brand presence across these channels to reinforce your value proposition and keep your brand in the forefront of your leads’ minds.
6. Marketing automation
To streamline the lead nurturing process, you can use marketing automation software to automate repetitive tasks like email campaigns, lead scoring, and social media posting. By automating routine processes, you can deliver timely and relevant content to leads.
For instance, an e-learning platform might use marketing automation to send a series of onboarding emails to new leads. This email marketing campaign guides potential customers through the platform’s features, offers helpful resources, and encourages active participation. At a later date, these leads may be ready to purchase from the platform based on their positive experience with your lead nurturing marketing campaign.
7. Content marketing
Content marketing involves creating and distributing valuable, relevant content on your website and social media to engage with your target audience. By producing informative, entertaining, or educational content, you position your brand as an industry thought leader and provide leads with the information they need to make informed decisions.
For instance, a software-as-a-service (SaaS) company with a B2B business might produce blog posts, video tutorials, and whitepapers addressing common industry-specific challenges. This content not only attracts leads searching for solutions but also nurtures them by showcasing the company’s expertise.
Successfully nurture leads with Webflow
Building a business is about more than making a great first impression. It’s about starting a conversation and keeping it going until your customer says “yes” to your product or service.
But you shouldn’t have to choose between focusing on making a great first impression and leaving a lasting impact. With Webflow Enterprise, a powerful visual web development platform, you can build stunning website experiences that attract and nurture leads.
Combined with powerful integrations, start capturing customer behavior and insights to attract new prospects and connect the entire customer journey. Learn more about how you can unify web design and data with Webflow.
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Last Updated
June 4, 2024
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Credit: Original article published here.