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Can Your Business Get By Without Using External Lead Sources?

If the marketing campaigns you have in place are producing a certain amount of leads for your business, you may wonder if it's really necessary to purchase additional leads from a lead generation company. And if so, what kind of returns can be realized by using such vendors?

There are actually several compelling reasons for considering this step.

The first is obvious: what company couldn't use more leads? But on closer examination, you will see that leads purchased from a lead generation company have some clear advantages over leads derived through your company's own efforts.

That is why so many companies -- even those implementing a sophisticated level of online marketing -- regularly use the services of lead vendors as part of their overall marketing strategy. These companies have found this to be an excellent approach for the following reasons:

  1. Lead Gen Companies Capture Leads You Would Otherwise Miss

    Many of your potential customers simply will not submit their contact information to an individual vendor. These customers find it more efficient to utilize a service that offers pricing and feature comparisons of several vendors simultaneously. Many such services have a platform that allows seekers to be matched ONLY to vendors that meet their specific needs and business profile and to receive competitive bids from each vendor.

  2. You Can Access Leads Gathered from a Wider Variety of Sources

    If your business is like most, you probably have one or two methods that are working well for you, and producing some leads, but lead vendors have a diverse repertoire of lead-gathering methods. These comprehensive systems bring in leads from a broad range of online sources such as opt-in email, video advertising, white paper syndication, social media marketing and contextual advertising that complement or exceed your own lead generation tactics.

  3. There is No Such Thing as an Exclusive Lead

    When visitors to your site are comparison-shopping, you can be sure that yours is not the only vendor form they will fill out. In fact, the average person who is seriously considering purchasing a service for their company will leave contact information with at least two or three other vendors during the course of their online research.

    Therefore, if you have been reluctant to purchase leads from a lead generation company, believing that there is more competition for these buyers, you could be doing your business a disservice by missing out on one of the richest sources of leads available.

  4. Your Results are Guaranteed

    Lead generation companies are the only source of leads that come with a performance guarantee: you only pay for qualified leads that have verified contact information. No wasting of expensive clicks or having your sales reps deal with non-qualified leads.

    Tips on Getting the Best Leads for Your Money

    If you're ready to take that step and start purchasing leads for your business, you will want to start by doing some of your own research to be sure you'll be getting leads of the highest quality. Here are three questions to ask:

    1. How does the company generate leads? Feel free to ask for details about the company's lead gathering methods. Reputable lead generation companies will use a variety of strategies for producing qualified leads and should be willing to explain each method to you.
    2. What methods do they use to verify leads? A good lead vendor will validate the information given with each lead and will guarantee all leads to be contactable.
    3. What measures are used by the company to qualify leads? Many lead generating companies have a rating system to assess each lead's readiness to buy. Some also offer leads at various pricing levels; you can buy premium real-time leads, slightly older leads at a bulk rate or a combination of the two.
    4. Of course, if your own marketing endeavors are producing a stream of leads for your company, you should definitely continue to develop these, but going a step further and purchasing qualified leads can really push your business forward.