Schurq

Everything you need to know about a lead magnet

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Reading time 5 minutes
By Chantal Tol

We're going to talk about the lead magnet. What exactly is a lead magnet, how do you determine which type of lead magnet is best suited for your target audience and what information will you ask for in return?

Have you also read the previous blogs in our series? Then you will see that this blog is yet another piece of the schurq. puzzle. Haven't read these parts yet? Not at all, then your schurq. story begins here!

No time or don't feel like reading this blog? Then watch our video!

An unknown person before the lead magnet is completed

lead magnet the outcome of your strategy session.

This is where it all begins. In the strategy session, we start by laying the groundwork. In our first blog, we explained to you how we proceed in this session. We'll ask you a number of targeted questions that relate mainly to your target audience. You then answer these before we go into the session. Why? Because you know your organization best. And by thinking about this beforehand, the process starts already.

Do you know exactly who your target audience is? And how did you determine that? Based on assumptions or did you do a survey? As an online marketing agency, schurq. does not make assumptions. We only determine your target audience based on extensive research. Because your content can be a 10, but when you show it to the wrong target audience, results are guaranteed to fall short. Want to know more about how we do that research? We have described it in detail in blog about audience analysis.

match ads to lead magnet content.

For now, let's fast-forward to the next section. The target audience has been determined. So you know who you want to reach, but do you know how? What triggers your target audience to click on your ad. For this you will have to find out what the pain points of the target group are. What problems or needs does your target group have and most importantly, how do you respond to them with your product or service. This is where the lead magnet becomes really important.

A lead magnet

What is a lead magnet.

Actually, the word says it all. A lead magnet. In other words, a piece of content that is valuable enough to attract your target audience and convince them to leave their details. What a lead magnet looks like for your organization depends entirely on the target audience and its pain points. Enough theory?

An example of a lead magnet

that might trigger your target audience. Imagine; you live in the Amsterdam area. You live in an apartment with your partner in the city center. Because you want to take the next step and expand your family, you start looking for a new house. Still in the city, but in a different neighborhood. What is relevant to you at this time?

Question: what budget do we need to buy a house in neighborhood X or Y?

Now imagine a broker who has the answer to this. In the form of a quarterly report that is automatically updated and sent out. Would you then leave your details for this? The answer to this is probably yes. Because this immediately answers the question you have. Question now remains; how much and what data are you willing to leave behind for this? At that point we come to the opt-in. We will tell you more about this in the next piece.

A lead who left his data

how does a lead magnet ensure opt-in?

The opt-in? This is the moment you leave your details behind. Always keep in mind that this is the moment you give permission to be contacted and tracked by the company behind the lead magnet. What data are you willing to leave behind? This will be different for every situation. In the example above, in addition to the standard first name, last name and e-mail address fields, the couple will most likely be willing to let you know what neighborhood they are interested in, whether they are buying or selling a house, the time frame and maybe even what budget they have available. So based on this, you can make an initial segmentation! This data is the foundation for the follow-up, or marketing automation email workflow.

Lead magnet as a trigger for your marketing automation system

We won't go into much more detail about this in this blog; we'll do that in one of the next sections. What we can already say is that the moment of opt-in is the starting signal for the marketing automation system. The opt-in is the trigger of one or more flows and from that moment you will be approached. With relevant content for you, if the organization has done it right. Does the lead magnet connect well with the flow? Then chances are they will open the emails as well as click on the content. And the beauty of the system? You can also see when and how often someone opens the lead magnet. So you know exactly how 'warm' your lead is!

what data are you going to collect?

That collecting data on users is valuable, we don't need to tell you. After the opt-in, you can start approaching your leads. And depending on how much information you collected in the form, you can immediately qualify leads as Marketing Qualified Lead (MQL) without having to make a selection. But what kind of content will you send next? Obviously, you want to do this as personally as possible. Responding to the pain or needs of that particular lead so that they slowly move forward through the customer journey. How personal you can go about this approach depends on the questions you ask on the front end. And thus on the lead magnet you deploy to reach your target audience.

the more valuable your lead magnet....

Experience shows that the more valuable your lead magnet, the greater the willingness of visitors to leave their data. As above in the example, the lead magnet answered a direct question from the couple. Therefore, the question you want to start with is also; what do I want to know about my leads? What data do I want to collect to use for my marketing? If you want to collect a lot of data in the first contact, you will also have to give away something valuable. The threshold for visitors to leave their data behind has become higher because of all the developments around privacy, so it is your job to make sure your content is worth it.

Your mareting funnel is filled with leads attracted by a lead magnet

Who do I want to address with my lead magnet?

When thinking about the questions in the form, it is very important to think carefully about a specific question. Who do I want to address with this lead magnet? Is this person the company's decision maker? Then you will be able to go into a little more detail with your questions. Simply because they most likely know the answer to this. Is it an employee of a company? Then they will be able to give up on questions to which they do not know the answer. And that, of course, is a shame.

Is your target audience as specific as possible?

Besides the questions you ask, the type of person you want to address with your lead magnet also determines the content of the lead magnet. Open door, we know. Yet we still often see this go wrong. A target audience is often broad. And then includes multiple functions within a company or multiple types of companies. This increases the chances that your piece of content, which you think is so valuable, is not so valuable to a large part of this target group after all. Therefore, make it as specific as possible. So you can be sure that you are addressing the right person and triggering them to download or request your lead magnet.

examples of lead magnets

To give you an idea of what such a lead magnet might look like, we've listed some examples. What you might notice is that these examples all have something in common. Besides providing information about the company, they are also useful. It gives you tools to perform one or more actions yourself right away. And that is exactly what makes it so valuable for leads.

  • Trend Report
  • Roadmap
  • Template
  • Email course
  • Calculator
  • Registration Webinar
  • Online course
  • Free Trial
  • Demo environment
Lead magnet you can use in different platforms
How to make sure my lead magnet catches on

what is the purpose of the chosen lead magnet?

Is your goal to collect as many e-mail addresses as possible? So you can fill the database with contacts? Then you'll be able to keep the form simple. Name, last name, email address, submit! This doesn't mean that the lead magnet doesn't have to be valuable. Absolutely not even. The difference is that this lead magnet is a little more approachable. Leads get a little more information about your company and your product or service. And are triggered to either contact you, or await further information from you. Examples of such a lead magnet are:

  • Ebook
  • Whitepaper
  • Checklist
  • PDF
  • Case Study
  • Brochure
  • Catalog

Testing your lead magnet.

You may have collected multiple lead magnets for your business. Several valuable pieces of content that you want to use to collect leads. A luxury problem, of course. This is where we have a solution. Rotate! Test at which stage and among which target audience the lead magnet works best. Is it not working? That too is valuable data. At the end of the process, you know exactly what type of content is seen as valuable by your target audience. And depending on how much data they are willing to leave behind, you'll also know how valuable!

TO BE CONTINUED...

You've come to the end of the third blog in our blog series. The lead magnet and its importance has hopefully become a little clearer. Of course, we already want to talk more about how the lead magnet is the foundation of your marketing automation flow. But that would mean cutting the grass in front of our own feet. So we'll save that for next time!

Do you have questions about the lead magnet? Of course we would be happy to answer them!

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Chantal Tol
Chantal Tol

About this schurq

Online Marketing Consultant

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