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What is B2B Lead Generation - YouTube
Channel: Patrick Dang
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if you're looking to learn exactly what
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b2b lead generation is
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how it works and how you can use it to
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get meetings with your dream clients
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stick around because we're gonna get all
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your questions
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answered in this video
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[Music]
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what's going on everybody it's patrick
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here make sure to give this video a like
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subscribe and turn on notifications if
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you want to see more videos like this
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and let's get started now the first step
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is we got to define
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exactly what b2b lead generation is and
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the definition we're going to use
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is the process of getting businesses
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interested
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in learning more about your products and
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services before making a decision and
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that's essentially taking somebody who
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has
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no idea who you are right and you're
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educating them or
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you have some type of process to get
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them somewhat
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interested so that you can have a
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conversation to see whether or not it
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makes sense to work together and of
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course when i'm talking about
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b2b business development i'm
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specifically referring to when a
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business wants to do some type of
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commerce with another business this is
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very different from b2c which is
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business to consumer
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business to consumers like if you're
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walking into a nike store you're buying
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some sneakers for yourself
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you know that's not what we're talking
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about we're talking about selling
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business products to business people so
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let's go ahead and talk about the
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different lead generation
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methods you can use to generate these
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leads and get
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companies interested in buying your
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products and services the first one that
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most of you guys might be familiar with
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especially if you are
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in sales or business development is
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outbound lead
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generation this is when you're typically
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reaching out to another company to drum
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up some interest either using cold email
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linkedin
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or cold calling and essentially for
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these methods you are reaching out to
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someone
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code meaning they don't know who you are
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and
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you know within your first impression
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you have to get them interested
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to wanting to learn more about your
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products and services
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now outbound is a little more difficult
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because you are reaching out to
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strangers it's not a referral it's not a
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friend recommending you uh it's not like
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they looked at some type of your
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marketing or website they have no idea
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who you are
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and so that's why you're trying to
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generate interest using cold call
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email or linkedin now the second type of
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lead generation you can use in a b2b
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environment
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is actually inbound lead generation this
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is when you are using things like
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youtube videos blogs instagram linkedin
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articles being featured in forbes or any
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other publication
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and that's when leads are coming in to
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you right you put out some content
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people are already interested in a way
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they're raising their hand and they're
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saying
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i am interested in what you have to
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offer and then from there
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if they capture your email or have some
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way to schedule a meeting to talk to a
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salesperson
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well that is an inbound lead so let's
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say outreach for example which is a
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sales enablement software company right
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they help people send code emails and
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schedule meetings and things like that
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right
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so somebody want to outreach.io and they
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press the button download the report
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essentially when you want to download
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let's say any type of pdf white paper
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or any type of marketing material
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you would have to enter your name and
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company things like that and more
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importantly your work
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email address so when you actually put
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in this information you know you
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you're put into their marketing database
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and you become an inbound lead
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and once you give your information like
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your name company you work at you come
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to the
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email and your title and things like
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that a sales person
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is going to be assigned that lead
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and they're going to follow up with you
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and try to book a call to see whether or
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not you want to purchase
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their more expensive products and
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services and in terms of let's say like
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youtube marketing right
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so let's say for outreach again if
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somebody watches this youtube video
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which has you know 100 000 views if they
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want to learn more
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about this company they click on the
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link in the description and then that
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link
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will take them to let's say this is a
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landing page where they can watch some
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type of demo
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so to get this demonstration um what you
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have to do again is put in their name
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last name company name work email
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address and that would be an inbound
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lead so after you know this person
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watches the video they are
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somewhat qualified and the salesperson
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could be like hey this guy watched the
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video or this girl watched a video so
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they're kind of interested let me try to
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follow up with them to see if i can book
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a meeting and then sell them something
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right
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so that essentially is how inbound works
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so for inbound it's dif it's
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much easier compared to outbound because
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you know people are coming in they
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already educated on who you are
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and what value you bring now the third
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way of lead generation is actually paid
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advertising
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some people actually you know categorize
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this as inbound lead generation but
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we're gonna put it
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as a third pillar because when you're
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doing advertising it's not as if people
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are coming to you it's not really
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inbound it's that you have to prospect
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and you find these people who have no
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idea who you are but instead of sending
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them a cold email
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you're kind of making them watch a video
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as a youtube ad or facebook ad or you
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have some kind of
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you know sales copy or something like
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that to get them to click the link
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and go to your website so paid
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advertising could be anything from
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facebook ads
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instagram ads google ads basically any
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platform where you're allowed to
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you know run ads that's a form of
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prospecting to generate leads and then
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from that ad
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the whole goal is to get them to your
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website capture their email address and
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put them through your sales process and
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ultimately a sales person
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is going to get on the phone to see if
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they are qualified to buy your products
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and services now the whole goal
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of lead generation whether it's outbound
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inbound paid advertising whatever form
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of lead generation you and your company
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use
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the whole goal when it comes to a b2b
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selling environment is to
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book a meeting and continue them through
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the sales
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process right so if you are selling
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something expensive whether it's in the
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thousand dollar range two thousand three
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thousand
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five ten thousand even fifty thousand
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usually
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before a company makes a purchasing
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decision they need to talk to
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somebody over the phone or meet them in
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person because they need to trust that
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person
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and trust that company and see whether
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or not they're actually going to get
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value because they're spending so much
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money on your offer
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and so that's why the whole goal of lead
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generation is usually to book a meeting
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with a sales or business development
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person or closer or somebody
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they need to talk to before they
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actually make a decision to buy now if
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you are let's say a sales or business
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development person or maybe you are
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an entrepreneur right you don't have to
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specifically just do one form or lead
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generation and that's it
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normally people start with one when they
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get it to start working they can branch
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out to other things for example
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let's say if you're a software company
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you might be reaching out to everybody
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with cold email
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and you get some customers that way once
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you understand why people are buying
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maybe you can run
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ads and you know try to find more people
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similar to the ones that bought your
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product and services right and then from
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there
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maybe you want to write some articles on
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forbes or maybe you want to start a blog
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and you know do some seo marketing and
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get more people down the funnel but
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ultimately
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you know whether it's outbound inbound
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paid advertising the goal is to funnel
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them down into your sales process which
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is the book of meetings so that you have
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a mechanism to actually generate revenue
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for your company in exchange of value
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that you're giving to your clients so if
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you so if you look at the basic sales
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process it's lead generation whether
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it's inbound outbound paid advertising
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booked meeting right with a sales person
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who has the opportunity to close the
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client
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and finally the close right actually
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following up negotiating and finally
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closing the deal
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so that's essentially like a basic sales
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process most companies you know
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typically will have
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now an important part of lead generation
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is understanding
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what is a qualified lead and what is
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actually a good lead
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so just because you're booking a lot of
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appointments it doesn't mean you're
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using your time effectively because
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let's say
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in a month you maybe you get 50 meetings
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right which is quite a bit
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now if you out of those 50 meetings if
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nobody buys then it doesn't matter how
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many meetings you have because these
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people are not even qualified to
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purchase your product and service
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so that's why whatever method of lead
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generation you're using
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there has to be some type of
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qualification before a salesperson gets
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on the phone
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because the better the lead generation
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process is
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you know it makes the life easier of
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that sales person right because if
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someone is really hot
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they're ready to buy they understand
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their problem and they just need to talk
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to somebody and move forward
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well the sales person doesn't even have
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to sell anything they just basically
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take the order right it's very easy
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but if the customer has no idea what you
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do who you are they're just on the
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meeting for no reason
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and the sales person you know has
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trouble selling them or
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showing them the value well it's hard to
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sell because the lead is not good
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so you know whatever lead generation
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method you use have a way to
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qualify the prospect right if you're
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doing outbound lead generation
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try to have some kind of ideal customer
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profile that has a high likelihood of
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making a purchasing decision now if
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you're doing paid advertising you want
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to make sure that the person
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you know has to go through a lot of
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filters and qualify themselves and share
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their budget and their problems and
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things like that
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before they even get on the call with a
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sales person right so that's why you're
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pre-screening people
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so that you can save the time of a sales
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person so just know that not every lead
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is equal right depends on where the lead
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comes from how it came
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a lot of times inbound leads are a lot
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better than outbound leads because
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they're really hot
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but you know every company is going to
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the pen and so that said
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that is b2b lead generation in a
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nutshell if you enjoyed this video make
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sure to give it a like subscribe and
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turn on notifications and let me know
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what's the number one thing that you
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learned in this video and share it in
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the comments
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with that said my name is patrick dang
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and i'm gonna see you guys in the next
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one
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