In the broad perimeters of marketing, a lead magnet is a sound method of acquiring the prospect’s contact information. Typically, you have probably seen lead magnets at the top or bottom of the landing page or in the popup window. For instance, the site’s guests are requested to submit their contact data in exchange for a guide, whitepaper, and so on.
The catch here is that you have to include something valuable, pertinent, and extraordinary that any visitor to your website cannot resist.
Email marketing can result in many subscribers and ideal targets for subsequent communications and marketing initiatives when conducted appropriately. In this article, we shall examine all that.
What is a Lead Magnet and Why Do You Need Them?
Let’s start with some statistics. In the United Kingdom, around 14.3 million people, almost 23% of the population, have a disability. Nearly 4. 215 million people use email daily, 4 billion people.
Second, relying on the results of the surveys of 1,042 business managers and employees conducted by Sherif and Solomon, the authors stated that for every dollar spent on email marketing, businesses can expect to gain $42. Hence, where there is a 4200% return on investment, who would like to leave such a good calibre out?
They are now coming to the point of reference. What is a lead magnet, and why might you want one? For the simple reason, the guests’ website addresses might be renewed, providing the PR with the visitors’ e-mail addresses. Such obtained leads can then be used in marketing to popularize a specific brand, make an announcement, or disseminate an offer, among other things, before directing the deciders to the website for repeat purchases.
Blog readers and visitors, in general, are again willing to give out their contact details since lead magnets are incentives to potential shoppers. This fact makes lead magnets an effective approach in the context of the digitalization of business and consumers’ lives.
It is established that it is now time to enjoy the right inspiration to dissuade visitors from leaving their details on the site without a good reason.
How to Create an Effective Lead Magnet
Using the right techniques to create effective lead magnets involves some easy steps. Let’s take a look at them:
Understand Your Audience
First, pertinent information has to be established, namely who the target buyer is. This means that before you start creating content to promote the product or service you are selling, key questions need to be asked, such as who your audience is and what they are currently looking for that your product/service can solve.
There are four levels of awareness: 0, 1, 2, and 3 regarding the buyer’s knowledge about the problem your solution can solve.
Pinpoint the Problem
Lead magnets must be about resolutions to concerns that potential buyers experience.
Consider the primary concern the item solves and brainstorm a related core concern that your lead magnet can solve. This is also useful and gives the site visitor confidence, and such communications open avenues for further communication or, hopefully, business.
Strategically place your Lead Magnet
Consider where your audience will notice your lead magnet. This is where one chooses the promotion method and where the product will be advertised, whether ads, search results, or straight links.
Further, map out the path of travel that the subscriber will make after getting into the lead magnet’s care, including how you will follow up with him or her or how their information will be processed.
Develop Your Lead Magnet
Select whether to opt for PDF format and video content or any other format that can resonate with the audience and fit the context of the provided content.
It is only proper to write materials that provide a tangible value or utility and conclude with a specific action the consumer should undertake next. Choose your title to be short and clear and propose the benefit to the reader with a chosen title that will stir up the interest of the target buyer.
15+ High-Converting Lead Magnet Ideas
Below are 15+ successful lead magnet ideas that you can use to enhance conversion rates rapidly to assist you in making a plan to climb the ladder positively.
1. Webinars
These are informational and perfect for getting new leads and interacting with potential and existing customers. They allow you to advertise your brand and engage with customers to answer their questions.
Such events can be educational (lecture type) or about products/ services that normally offer the audience free codes/discounts or vouchers. This lead magnet can help invite the visitors to the webinar you are hosting by providing only their names & emails.
2. eBook
An eBook is the most common type of lead magnet used by today’s businesses and organizations. These people enjoy reading as they get content in eBooks format that can be read on the phone, tablet or laptop. The good part, however, is that there is no need to limit the number of words per page, and it is very easy to design the books.
Not necessarily, but you can get one by gathering your best blog post content and infographics or by scanning one of your paper-based books to produce an eBook.
However, eBooks work around reaching out to the correct audience. During the visitors’ interaction with your site, you must show them the most relevant eBook that may interest them.
3. Cheat Sheet
They may read a cheat sheet, a short guide they can use anytime to achieve something. Most commonly, it can be a list of ideas and main points that emerge after reading a very long blog or a dictionary of terms that readers can use to recall the information easily.
Due to this, any cheatsheet is found to be highly effective and among the best lead magnets for site visitors. Another option is to present your offer in the compiled list. You can organize your offer to demonstrate the advantages of using your cheat sheet.
4. Case Studies
It is somewhat common when the case histories show how such-and-such works while it remains quiet about how the same does not work. Using headlines such as, ‘ ’The power of Living Online; here is how we secured a thrice-a-week turnover of 900% on the number of email subscribers’’, you can instantly catch visitors’ attention.
While assembling the case study, try incorporating as many visuals and infographics into the presentation as possible. Create a basic sliding toolbar with a subscribe form that would be used to access your case study. That leaves you with leads and sales, which we all aim at. It also makes heavy ground for developing brand awareness. In fact, the business will be well established.
5. Whitepaper
Perhaps you recently conducted a survey. Do you have a photocopy or any other paper or documented work to support your argument that can interest those listening? Oh yeah, there is a chance to gather all the information into a detailed white paper.
People usually want the last reports that state they can be useful in topic sectors. Furthermore, it would be beneficial if you could promise to send such insightful whitepapers weekly or, better yet, daily. This will prompt visitors to subscribe to your newsletter [ 6]. This influence is achieved by providing detailed and accurate information in your White Paper.
6. Toolkit
A toolkit is another successful lead magnet idea since people love to find out what tools the populace uses to be successful. The toolkit can be associated with whatever the visitors are interested in.
The beauty of toolkits is that one can quickly become an affiliate of the tools/software/service they mention in the list. And as people get their list, you can get some good leads and perhaps even some extra earnings for your business.
7. Templates
Templates help users start managing their businesses successfully. They can be edited and personalized to initiate revenue campaigns at will. Popular templates include social media posts, newsletters, banners, emailers, tables, charts, and more.
This holds the visitors’ attention and participation because they do not want to start everything from the beginning; the templates give them a blank surface to create their design. Moreover, templates are perfect because they are simple lead magnets that do not require constant modification.
Further, a popup tool with templates is much more convenient for creating and deploying different marketing campaigns. These templates act as optimized initial templates, and one may need an extended amount of time to edit them to fit their requirements.
8. Access to Private Newsletter/Group
It brings joy to people when they can be part of a closed group to get additional quality content and engage in discussion with like-minded individuals. This can be created as a newsletter or a group of people to help create leads.
Apart from helping you gather leads, it affords you a window through which you can gauge the people’s needs. Areas of benefits are specific to your community, and headlines containing a number attract more visitors, such as ‘Become a member with 50,000+ marketers’ to increase conversion rates.
9. Guides
If you feel that the eBooks above have already been discussed, then using guides would be the next thing to consider. What’s the difference?
Well, it is yet another lead magnet genre that features the complete compilation of articles on a subject.
Therefore, you will not compile your blog posts in guides alone, though you may have a few that are well-written. Instead, you will merely accumulate the selected articles and posts on the Internet while citing the source appropriately. The fact that the guide is a document users can turn to and refer to whenever they need to makes for an ideal lead magnet for your website.
10. Planner
If one wants a planner, it may be in one’s best interest because one loves to have his day or week well organized and easily dealt with. Your lead magnet can be a planner, but it must be clean-looking, and the columns must be set up to accommodate the user’s input. A blank planner is quite generic, which does not work well for all the websites.
However, this is only if you understand your target market sufficiently to develop specialized business planner designs. You can offer hard copies that users can print and complete or electronic PDF copies that users may complete on their computers or paper.
11. Videos
More or less, 32% of internet usage is spent watching videos daily. Of course, many other ways to watch videos besides YouTube and Twitch exist. The idea is that most users choose to watch videos rather than read an extensive blog or an e-book.
Hence, it is a fantastic lead magnet opportunity for you to help your viewers create compelling and informative videos. Ideally, you can repurpose some of the articles from your blog and use them to write video scripts. Another tip is to select subjects that are easy to understand to get better video content and ensure you are in sync with the market trends.
12. Infographics
People employ pieces of infographics not only in articles but also in blog posts, headlines, and landing pages, in fact, in any place where they need to attract the viewer’s attention at once. Infographics are essentially elongated graphics; you can’t possibly popularize them all on a landing page. Therefore, the full original infographic is a lovely, free resource lead magnet to think about.
First, one should create unique infographics, as new material and numbers always attract visitors to find out more. Fix a small part of this large infographic and show only this part in the lead magnet popup so that visitors can judge the importance of the whole infographic themselves.
13. Free Shipping
Ensure that the lead magnet you provide targets your eCommerce business visitors so that they become leads and customers. Encouraging visitors to go further down the funnel with a free shipping coupon during checkout would be best.
Any lead magnet that asks for a phone number, specifically a smartphone number, will appeal to shoppers already interested in your offering. And, indeed, who would not like to receive their products ordered online without paying for the shipping costs?
It is important to do that; the design of the pop-up should be unique, and the CTA on it must be portrayed clearly. When visitors enter their email addresses, they are directed immediately to the checkout page.
14. Limited-Time Discounts/Deals
With a discount or deal popup, if the shoppers already view the products, they can be directed toward the actual purchase. What might surprise you is that a simple discount code, subsequent gift cards, and other enticements are all effective tools for getting the visitor’s email address.
To increase the call to action and generate more leads, Ensure the offer is well-detailed and add a countdown timer. This addresses the time issue and is ideal for quickly creating more leads and sales.
Thus, adding a tool like a popup-based OptinAble to a buyer-oriented strategy can greatly improve the current outlook for transforming those keenly observing the merchandise into buyers.
If you are using OptinAble, you can alert your users when they are interacting with your products or when they appear to purchase a product; then, you can quickly offer them what can entice them to buy your products, like coupons, gift cards, or other incentives.
Not only does this help to compel customers to purchase a product and not abandon their cart, but it also allows you to gather their email for other further marketing ventures.
15. Free Demo/Free Trial
In general, these are some of the lead magnet ideas that many SaaS businesses use: giving the users a trial for their tools for free. Of course, guests have presumably promoted the potentialities of the software, containing on the page the list of key characteristics and benefits. But nothing can be better than the fact that it is possible to try out the software for three days for free of cost.
This can mean that you can give out free copies of the software or even let clients watch a sample demonstration and interact with it to answer their queries. Create a basic free trial subscription form and explain the advantages of your software program; also, include a testimonial from a current user.
16. Surveys
The final of the five lead magnets offering ideas is an online survey. A survey is useful in market research, and nowadays, you can even talk to customers to get a clear idea. Finally, the last thing is having an engaging call to action, which can be used to offer the survey as an enticement.
The best way to achieve the above objectives is to use a two-step popup. Encourage people who visit your site to complete a survey about it and promise to reward them for doing so. If customers reply to the message appropriately, you can send them individual emails to target them on your site.