The most challenging task for most businesses and marketing experts right now is generating leads. Lead generation is an extremely important task that people need to focus on to identify potential customers and turn them into customers. But, since there are so many businesses in every industry, you may find it difficult to generate qualified leads on your own. In such a time, you can rely on a digital marketing agency that can guide you with lead generation.
The world of lead generation is changing every day. It keeps evolving and you need to keep up with its pace. Otherwise, you may be left behind and may not become successful in lead generation. There are certain factors that you need to keep in mind while doing this process. To provide you insights about the lead generation world in today’s time, we have created a list of lead generation statistics and facts that you should focus on.
- More than 50% of digital marketers consider lead generation as their toughest marketing challenge.
Lead generation has become a challenge for businesses because it has become increasingly difficult for them to identify leads and work on turning them into customers. This is a result of the increasing competition and decreasing attention span of people. So, you need to focus on creating the best strategies for lead generation.
- More than 50% of the marketing budget is being spent on lead generation by businesses.
Even though lead generation has become quite a daunting task, it is still extremely essential and businesses are focusing on it with full vigor. More than half of them are spending around 50% of their budget on lead generation.
- Businesses can easily convert leads if they follow up in the first 5 minutes.
If you wish to convert every lead into a paying customer then you need to make sure that you reply to the queries or questions of your followers within the first 5 minutes of receiving them. For this, you can take the help of an advertising company Singapore that can help you set up automated messages so that you never miss any message and always reply quickly to them.
- Hiring lead generation experts provides 40% better results than managing it on your own.
If you are a business owner who is contemplating hiring lead generation experts then you should go for it without any second thoughts. This is because these lead generation experts have the right experience to convert leads and will also help you feel less stressed as they take this burden away from you.
- Most medium and large-sized companies only generate around 2,000 qualified leads every month.
Contrary to common belief, most medium and large-sized businesses are generating very few leads every month. Therefore, it is important to have the right lead generation strategy in place because the more qualified leads you generate, the more your chances of converting them into paying customers are. If you generate very few leads in the first place then conversions may become even more difficult.
- More than 80% of social media leads are generated using Twitter.
While you may not consider Twitter to be an important social media platform, it has great potential. Out of all the social media leads generated online, more than 80% of them come from Twitter. So, you must utilize this opportunity and should work with a trustworthy company that can help you generate qualified leads using Twitter.
Using these insights, you can easily develop the best lead generation Singapore strategy for your business while working with a renowned company like Hyper Fame Digital. We understand the importance of lead generation and have in-house experts who can guide you efficiently based on your needs and requirements. Get in touch with us to know more!