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Lead generation software helps businesses attract and identify potential customers also known as leads. These solutions use details such as demographics, online behavior, and personal preferences to find individuals likely interested in the products or services offered by your business. They also help collect contact information from these leads, which can be provided to sales teams to help them during sales calls.
Lead generation software aims to increase the number of people who know about your brand and specifically target those most likely to become buyers. This makes marketing efforts more efficient as resources focus on high-potential contacts rather than a broad audience with varying interests.
Contact database: Stores data related to potential customers, including names, addresses, phone numbers, and email contacts. A contact database allows for easy access and management of this information, which businesses can segment into different groups based on various parameters such as demographics or customer behavior. It helps in targeting marketing efforts.
Lead capture: Automates acquiring contact information from potential customers interested in a product or service. This feature in a lead generation tool includes forms, embedded pop-up messages on websites, and social media interactions on your business page that gather data such as names, email addresses, phone numbers, etc., which get stored for future marketing strategies.
Customer marketing: Lead generation software facilitates effective management of customer databases and promotional endeavors. This includes email marketing, customer tracking, and contact management. The software organizes data and analytics regarding marketing efforts in one accessible location. This centralization of information allows for effective campaign structures, audience data analysis, and deployment of digital ads across multiple channels.
Email marketing management: Lead generation software provides a comprehensive array of tools that simplify the process of content creation and marketing automation, improving both SEO and email marketing. The software enables effective database management, facilitating tracking of email exchanges, phone calls, and campaigns. It offers a variety of email templates, making it easier to design appealing emails and conduct A/B testing, while its automation features save time and improve process efficiency.
Lead generation management: Lead generation software allows businesses to build complex processes into their workflows such as lead scoring, personalized content delivery, and cart abandonment recovery, optimizing their marketing efforts. The software's automation and lead scoring and nurturing tools allow users to manage prospects and guide them through the sales funnel swiftly. These tools also provide users with an extensive database of leads and powerful tools for targeted outreach.
Automates lead generation process: Lead generation software automates finding and nurturing potential customers for your business. It helps systematically identify, track, and engage prospects online, saving time otherwise spent on manual lead-sourcing work and lead management. This automation allows businesses to focus more on converting qualified leads into clients rather than searching for them.
Enhances lead quality: Lead generation software enhances lead quality by using specific criteria to target potential customers. It analyzes user behavior, interests, and demographics to identify high-quality leads most likely to convert into sales. The software helps businesses focus on these promising prospects rather than wasting resources on low-quality leads.
Increase sales productivity: Lead generation software automates identifying and engaging potential customers, saving sales teams significant time. This allows them to focus more on closing deals than prospecting for leads. Additionally, it ensures a steady pipeline of qualified prospects that can increase conversion rates and ultimately improve overall sales productivity.
Inefficient data management: Inefficient data management can result in poor quality leads, time wasted on outdated or irrelevant contacts, and inaccurate reporting of potential customer data. This inefficiency could impact sales performance negatively as resources could get used ineffectively, leading to missed opportunities and decreased profits.
High maintenance costs: High maintenance costs can stem from regular updates, troubleshooting issues, or integrating new features to keep the system up-to-date and efficient. High expenses may outweigh the benefits of generating leads if not managed effectively, impacting overall business profitability.
Inaccurate contact information: A potential issue with lead generation software is incorrect contact information provided by the leads. This can occur due to a lack of data validation and verification processes, resulting in wasted effort and resources on unreachable leads. More accurate contact information, through data enrichment and validation, is needed to ensure effective communication strategies with a new lead, impacting conversion rates and overall business success.
Most lead generation software products on the market are priced on a "per month" basis, and their entry-level pricing plan ranges from $12.74 to $199+* per month. An enterprise product that’s priced higher may include additional features such as advanced conversion funnels and extended storage options.
*The pricing included is for the entry-level/lowest-priced offerings found on vendor websites as of August 25, 2023.
Lead generation software integrates with various solutions to simplify lead capturing, lead data sharing, and archiving. We looked across thousands of reviews from lead generation software users to identify the products users frequently mentioned they integrated with their lead generation tools:
Salesforce is a customer relationship management (CRM) solution that integrates with lead generation software and acts as a central hub for managing leads, contacts, and accounts. New leads captured through marketing campaigns automatically sync to Salesforce, ensuring sales teams have real-time access to the latest leads.
LinkedIn is a professional networking and recruiting platform that integrates with lead generation software and lets businesses pull data from LinkedIn profiles directly into the lead generation software. By integrating LinkedIn, businesses can enrich their existing lead data with up-to-date information from LinkedIn profiles. This ensures that businesses have accurate and comprehensive LinkedIn lead generation data available.
Integrating HubSpot CRM, a customer relationship management solution, with lead generation software can eliminate the need for manual data entry by automatically syncing lead information from the lead generation software to HubSpot CRM. This reduces errors and ensures that lead data remains consistent and accurate.
Zapier is an integration platform that connects various applications and provides workflow automation within the connected app network. The software enables seamless transfer of newly generated leads from the lead generation software to CRM, email marketing tools, or other relevant platforms. This eliminates manual data entry and ensures that every lead gets noticed.
*We identified these integrations mentioned most often in verified reviews of lead generation software published on GetApp within the past two years.
Evaluate the integration with existing CRM systems. This ensures seamless transfer and management of leads. It enables automatic updating and tracking of customer interactions and follow-ups without manual data entry or switching between platforms. This ultimately enhances productivity by saving time while reducing the likelihood of errors.
Consider the automation capabilities for lead nurturing. Automation capabilities for lead nurturing in an automated lead generation solution scale the process of converting leads into customers. These features can automatically send personalized emails, track engagement metrics, segment contacts based on behavior, etc., thus saving time and improving efficiency.
Check the ability to score and rank leads. Scoring and ranking leads help prioritize your sales team's efforts. It distinguishes high-quality, likely-to-convert leads from low-interest ones, optimizing resource allocation for maximum return on investment (ROI). With this feature, you can save time pursuing more profitable opportunities.
Sources
Products evaluated for the pricing calculation were taken from GetApp’s lead generation software directory. The pricing ranges exclude freemium versions of the products. The features highlighted were identified based on their relevance and the percentage of products in GetApp’s directory that offer them.
Disclaimer
This lead generation software buyers guide was authored by GetApp's content team. We develop our guides using the author’s expertise, insights from 2M+ unique user reviews, and our proprietary data science algorithms to identify trends in user sentiment, preferences, and priorities. Some text was generated with assistance from AI tools.