5 Ways to Dramatically Boost Your Inbound Conversions
5 Ways to
Dramatically Boost Your Inbound Conversions
At the end of the day, business is all about sales. No
business stays in business without sales.
Building an inbound conversion strategy is a great way to increase your
sales dramatically. This will take some
real effort to get right, but once it’s running smoothly, you’ll watch the
conversions roll in. There are 5 great
ways to increase your inbound leads and conversions; market research, multiple
streams of traffic, free content, enticing copy text, and entry offers.
Market
Research
There are 4 aspects of conducting market
research that you will want to have a firm grasp on in order to get the
most out of your efforts; your ideal customer, your market, your competition
and your competitive ranking. Probably
the most important of these is truly understanding your target audience so you
can connect with them through your marketing messages. What is it that they are in desperate need of
to fix a problem or achieve a goal? How
does your product or service bring value to help them fix their biggest problem
or achieve their goals?
There are a lot of ways to figure out what your ideal
customer’s wants and needs are. A lot of this info is at our fingertips, look
in places like Google, online forums, Facebook groups, Amazon reviews, etc.
People will tell you exactly what they’re looking for, so take note of what
they’re saying, but also how they’re saying it. Use language in a similar way when coming up
with your copy text. This info may give
you insight into gaps in the market as well.
Multiple
Streams of Traffic
One of the most important parts of increasing conversions is
widening the top of your funnel to gather more leads. The more
sources you have for lead generation the better, relying on a single source
creates a vulnerable funnel design. For
example, Facebook imposed rules for real estate advertising that caused a lot
of limitations for who could be targeted, dramatically reducing the
effectiveness in reaching the right people. Real estate agents who relied solely on
Facebook to advertise would have seen a big impact in the quality and quantity
of leads they received.
However, jumping right into a bunch of different lead
generators at the same time is not a great idea. Each source is different and
will require a unique approach to get running efficiently. Start with one and get it optimized so you are
getting a decent return on ad spend. Once
you have one running well, use the return from that lead generator to fund the
next one. Optimally you want 3 lead
sources running efficiently so that if one runs into a roadblock, it won’t be
catastrophic for your sales.
Use Free
Valuable Content to Present Yourself as the Go-To Expert in Your Field
One of the best ways to get people’s attention is to give
them valuable content for free. This
does 2 things; you are letting people know that you are an expert in your field
and you are setting them up to make them an offer. There are a couple of approaches you can take
with this, the first is giving some sort of free valuable content in exchange
for their email address. This could be a
free report, ebook, informational/ instructional video, worksheet/ cheat sheet,
access to a webinar, etc. Once you have
their email you want to provide additional valuable content as part of a
strategy to eventually make an offer. Don’t
make an offer right away, as this can be seen as pushy and can hurt your image.
What you want to do is build trust and
continue positioning yourself as an expert. When the time is right and the lead has been
warmed up, then you should make your offer. This whole process can be automated with email
drip campaigns.
The second approach is building a following using social
media. There are a number of platforms
that work well for this, YouTube, Instagram, Facebook, etc. The challenge with this is that you will need
to consistently make quality content and post often to hold people’s attention,
but it is definitely worth it to build brand awareness and increase your
inbound leads.
Use Copy
That is Impossible to Ignore
People are bombarded by ads and copy text all day every day.
We have become good at tuning these out,
so it’s vital that your headline, whether for email, ads, landing pages, or
lead magnets is a scroll stopping attention grabber. This is easier said than done, but the trick
is to make sure that every word carries weight and creates intrigue. It should be informative, engaging and
relevant. Aside from the actual
verbiage, your offer needs to be hard to ignore, provide serious value at an
irresistible price and frame it in a way that grabs people’s attention. It’s
important to narrow your copy text to a single call to action, you want to make
it as easy as possible to convert. If
you ask people to do too much too quickly you will miss out on sales.
Use Entry
Offers to Attract More Customers to Upsell and Cross Sell Later
In sales there is a strategy called the yes ladder. Basically, the more you can get people to
answer yes to questions, the more likely they are to say yes to your offer. This can be applied to inbound leads as well.
You can do this by using entry offers that use a low-cost point to get
customers onboard. You won’t make a ton
off of these sales, but hopefully they can cover your ad spend. The point of these offers is to get people to
say “YES” and change from leads to customers. You want your entry offer to be of greater
value than what you’re charging for it to ensure that your customers are highly
satisfied. Satisfied
customers are much more likely to be repeat customers, and the goal is to
get some high-ticket relationships out of these entry offers.
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