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The key to profitable, sustainable growth for lead gen is what I call the High Quality Leads (HQL) framework. Why is lead quality so important? Not all leads are created equal. Google can drive an increased volume of leads, but the quality and the intrinsic value of those leads will differ.
I’ve learned that understanding your costs is crucial to creating profitable revenue consistently, sustainably and scalably. This creates two potential problems (one obvious and one not-so-obvious): If your costs are too high, you’ll struggle to grow profitably and your very sustainability will be threatened.
There has been confusion (especially among non-sales professionals) over these two terms. For instance, You have Marketing Qualified Leads (MQL) after that comes Sales Qualified Leads (SQL), then Prospects, and then Customers. Marketing efforts are focused on top of the funnel for leadgeneration.
The sales pipeline provides visibility into sales opportunities and serves as a quick look into a company’s health, profitability, and growth. Leadgeneration is your friend! Leverage social selling to refresh your pipeline with new leads. Never execute separate strategies. Improve your outbound sales strategies.
Marketing done right is a pipeline engine – agile enough to adjust as markets, buyers, channels, and trends shift, and targeted enough to unlock revenue generation opportunities at accounts throughout the sales funnel. Those nurtured leads, in turn, make purchases 47% larger than their non-nurtured counterparts.
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