Test a small market sample if you are trying to generate leads in a new way or area of consumer spending. While online marketing can be very economical, you don't want to waste a lot of resources on something that's going to go bust. Test a sample and if it generates a few leads, go for it! Otherwise, simply live and learn and move on.
Look to affiliate marketing to generate leads and even customers. Why do all the work for leads when you can have others do it for you on commission? Affiliate programs are a very effective way of introducing your product to new audiences. In fact, you'll see a lot of content created around your product or service. That's very effective.
Don't forget about having a follow-up plan. Once you have generated some leads, it is important to remember that you need to turn those leads into paying clients or customers. Have a plan in place so that you can begin that work as soon as you get some quality leads.
Target people seeing freebies as part of your list generating efforts. While giving things away doesn't usually make money right away for you, there will be plenty of people ready and willing to sign-up for the free stuff. Keep this list separate from your others, but include it in all your future campaigns.
You don't just have to buy ad space in local newspapers to get your ads in there. Instead, consider writing an article on a topic related to your business. For example, if you are a landscaper, you can write about how frequently to water your lawn and what the best time of day is.
Do not underestimate the power of customer referrals in lead generation. If you've got a well-established customer base to begin with, referrals should be simple and painless, because your happy customers will naturally refer their friends and family. As an added incentive, give them a discount for sending others your way and watch your leads grow exponentially!
If you have not been tapping into the power of social media enough, then it's time to expand your efforts. There are cost efficient social media campaigns you can run on the most popular sites, and ways to really make content go viral. All of your customer base is there to help you share what you can do for your new customers.
Figuring out how to generate leads isn't easy by any means, but once you get going, things really can start to work out for you exponentially. Don't get discouraged but in fact get motivated in the right direction. It's time for the tides to change and for you to reap the benefits.