Commentary

Improving Quality Leads Considered Most Important For Marketers

According to the 2016 State of Lead Generation survey from Ascend2, improving the quality of leads generated is a top priority for 77% of marketing influencers. The quality of leads handed off to sales significantly impacts an organization’s ability to achieve the next most important goal of acquiring new customers.

The average of all market segments responding to the survey finds that the most important goals in lead generation strategy are:

  • Improving quality of leads   77%
  • Acquiring new customers   50%
  • Increasing quantity of leads   41%
  • Measuring performance/ROI   32%
  • Automating marketing process   29%
  • Converting website visitors to leads   25%
  • Reducing the cost to acquire leads   24%

The data in the Summary Report edition of the study is representative of B2B and B2B companies consisting of 36% more than 500 employees, 40% 50 to 500 employees, and fewer than 50 employees, 24%. 39% of marketing influencers describe their organization’s lead generation strategy as best-in-class, while another 21% consider it comparatively unsuccessful at achieving important goals:

Lead Generation Strategy

Achievement of Goals

% of Respondents

Very successful

39%

Somewhat successful

40

Somewhat unsuccessful (below average)

20

Very unsuccessful

1

Source: Ascend2, August 2016

The most important goal for lead generation, improving the quality of leads, is also the most significant barrier to success. This confirms that the development of an effective lead generation strategy must focus on this critical issue, says the report.

Goals and Barriers for Lead Generation (% of Respondents)

Goal/Barrier

Most Important Goal

Most Significant Barrier

Improving Lead Quality

77%

53%

Acquiring new customers

50

24

Improving quantity of leads

41

36

Measuring lead performance

32

34

Automating marketing

29

32

Converting web visitors to leads

25

37

Reducing cost of lead acquisition

24

30

Source: Ascend2, August 2016

The report says that an 89% majority believe the effectiveness of lead generation is increasing, while the remaining 11% continue to struggle with lead generation effectiveness. When prioritizing tactics for an effective lead generation strategy, a balance must be struck between tactical effectiveness and executional difficulty, as a tactic will succeed only if resources are available to execute it effectively, concludes the report summary.

Most effective tactic vs. Most difficult to Execute (% of Respondents)

Tactic

Most Effective

Most Difficult

Email marketing

45%

28%

Content marketing

45

47

Social media marketing

39

44

Landing page optimization

38

34

Search engine optimization

33

36

Source: Ascend2, August 2016

For additional information from Ascend2, please visit here.

 

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