SlideShare ist ein Scribd-Unternehmen logo
1 von 4
Online Lead Generation Challenges Faced
by Small Businesses
The field of Internet Marketing has grown to be a professional arena for all types of businesses, including
the ones that are solely making money online. Furthermore, it is not only corporate giants who benefit
from online marketing and promotions. In fact, you would find countless success stories of small
businesses all over the world that are exploiting their maximum performance potential because of their
online presence.
With a plethora of benefits and business implications, Internet Marketing is a great source of lead
generation. Basically, online lead generation is an identical concept of generating sales lead except that
the process is done on electronic platforms. In layman’s terms, “offline” lead generation involves
traditional methods like cold calling, customer referrals, TV and radio advertisements, etc. On the other
hand, there are various Internet Marketing tools which provide access to small businesses to their
individuals who are interested in what the companies offer. These individuals are considered to be
prospective buyers for a business. Some of the common techniques of online lead generation include:
Social Media Marketing
Article or Content Marketing
Search Engine Optimization (SEO)
Pay Per Click (PPC) Advertising
Online Video Marketing
Blogs, EBooks, Newsletters
Despite the ability of online advertising to generate leads, there are several small businesses which find it
difficult to acquire its wonderful benefits in its true sense. Generally, online lead generation challenges
refer to inefficient generation of potential contacts or customers. Keeping focus of discussion on small
businesses, a few common online lead generation challenges are explained below in the following section.
Key Online Lead Generation Challenges for Small
Businesses
Most online lead generation challenges are specific to the methods integrated in an online marketing
campaign which aim at attracting prospective readers and customers. However, there are several online
lead generation challenges which are generic in nature and commonly faced by small businesses.
1. The Myopic Content-Target Mismatch
This is one of the online lead generation challenges faced by small business owners when they miss the
bull’s eye. This means that the lead generation methods which they use do not cover areas or content
which are preferred by the target audience. On the other hand, these business owners develop techniques
which they deem appropriate or attractive for the target readers. In short, this is one of the online lead
generation challenges which are a result of an entrepreneurial miscalculation.
In order to generate productive leads, small business owners must synergize their offering with the needs
and wants of the target audience. This is only possible when you would stop imposing your ideas of
appealing content on the readers. Secondly, small businesses should exploit all possible resources to
gather insight on what their prospective customers are interested in.
Remember that this is one of the common online lead generation challenges which can result in fewer
leads and a larger number of disconcerted readers or viewers.
2. The Quantity & Quality Dilemma
When we speak of small businesses, it is important to consider the fewer number and types of resources
available to them. As a result, their marketing and promotion budgets are also limited in nature. However,
these facts are not the main online lead generation challenges for small business owners. The complex
issue is that of budget allocation on either quality or quantity of content. In addition to the content used
for lead generation, quality and quantity of the leads themselves is also a part of the online lead
generation challenges. Every small business, rightfully enough, aims at sufficient and large number of
leads. However, there are many instances when small businesses allow this aim to overshadow the
importance of and focus on quality of leads. This way, small businesses become unable to convert
generated leads into sales.
3. Follow Up Framework: The Small Business Weak Point
Among other complexities, following up on prospects seems to be one of the continuous online lead
generation challenges. As discussed earlier, issues with allocation of budget and resources can make it
daunting for small business owners to incorporate a systematic follow up system. However, the absence or
inefficiency of a follow up arrangement for online leads can be a costly blunder. While many small
business owners may argue that they always follow up on their leads, it is often overlooked that the
process should be as swift as under the span of 24 hours. For example, it is usually required to set up
automated systems for phone call returns, email auto-responders, etc. Although it is challenging and
costly to establish and implement a mechanism for speedy follow up on leads, it is an essential
requirement for the process of converting leads into sales.
4. Effective but Heavy on the Pocket
There are some successful lead generation techniques, like Pay Per Click Advertising (PPC), which are
becoming increasingly expensive for small businesses to afford. Incidentally, PPC is an effective
advertising tool to drive traffic to a website but then an amount is to be paid every time the advertisement
is clicked on. Apart from the expenses incurred through this form of advertising, it also brings another
type of online lead generation challenges in the picture. Basically, if a small business invests an ample
amount in PPC then it must also invest further on the quality of what it has to offer. If this is not done,
then the business would find a low or insufficient conversion rate in the generated leads.
5. Surviving Against Competition
Competitor practices also impose online lead generation challenges for many small businesses. One of the
reasons why this is among the list of main online lead generation challenges is the better financial
resources of some direct competitors. Secondly, technological inclination of competitors along with their
available resources further adds to the pressure faced by small businesses.
The objective is not to feel perplexed that on one hand, Internet Marketing is a beneficial tool for
attracting potential customers while it also involves a variety of online lead generation challenges for
small businesses. In fact, small business owners should understand the possible online lead generation
challenges so they are able to create a balanced approach towards their online advertising techniques,
response mechanism, track of conversion, and so on. The key to overcome online lead generation
challenges is to hit the spot with a balanced budget allocation as well as a balanced ratio between quality
and quantity of content and leads alike.

Weitere ähnliche Inhalte

Kürzlich hochgeladen

Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 

Kürzlich hochgeladen (20)

Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 

Empfohlen

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Empfohlen (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Online lead generation challenges faced by small businesses

  • 1. Online Lead Generation Challenges Faced by Small Businesses The field of Internet Marketing has grown to be a professional arena for all types of businesses, including the ones that are solely making money online. Furthermore, it is not only corporate giants who benefit from online marketing and promotions. In fact, you would find countless success stories of small businesses all over the world that are exploiting their maximum performance potential because of their online presence. With a plethora of benefits and business implications, Internet Marketing is a great source of lead generation. Basically, online lead generation is an identical concept of generating sales lead except that the process is done on electronic platforms. In layman’s terms, “offline” lead generation involves traditional methods like cold calling, customer referrals, TV and radio advertisements, etc. On the other hand, there are various Internet Marketing tools which provide access to small businesses to their individuals who are interested in what the companies offer. These individuals are considered to be prospective buyers for a business. Some of the common techniques of online lead generation include: Social Media Marketing Article or Content Marketing Search Engine Optimization (SEO) Pay Per Click (PPC) Advertising Online Video Marketing Blogs, EBooks, Newsletters Despite the ability of online advertising to generate leads, there are several small businesses which find it difficult to acquire its wonderful benefits in its true sense. Generally, online lead generation challenges refer to inefficient generation of potential contacts or customers. Keeping focus of discussion on small businesses, a few common online lead generation challenges are explained below in the following section.
  • 2. Key Online Lead Generation Challenges for Small Businesses Most online lead generation challenges are specific to the methods integrated in an online marketing campaign which aim at attracting prospective readers and customers. However, there are several online lead generation challenges which are generic in nature and commonly faced by small businesses. 1. The Myopic Content-Target Mismatch This is one of the online lead generation challenges faced by small business owners when they miss the bull’s eye. This means that the lead generation methods which they use do not cover areas or content which are preferred by the target audience. On the other hand, these business owners develop techniques which they deem appropriate or attractive for the target readers. In short, this is one of the online lead generation challenges which are a result of an entrepreneurial miscalculation. In order to generate productive leads, small business owners must synergize their offering with the needs and wants of the target audience. This is only possible when you would stop imposing your ideas of appealing content on the readers. Secondly, small businesses should exploit all possible resources to gather insight on what their prospective customers are interested in.
  • 3. Remember that this is one of the common online lead generation challenges which can result in fewer leads and a larger number of disconcerted readers or viewers. 2. The Quantity & Quality Dilemma When we speak of small businesses, it is important to consider the fewer number and types of resources available to them. As a result, their marketing and promotion budgets are also limited in nature. However, these facts are not the main online lead generation challenges for small business owners. The complex issue is that of budget allocation on either quality or quantity of content. In addition to the content used for lead generation, quality and quantity of the leads themselves is also a part of the online lead generation challenges. Every small business, rightfully enough, aims at sufficient and large number of leads. However, there are many instances when small businesses allow this aim to overshadow the importance of and focus on quality of leads. This way, small businesses become unable to convert generated leads into sales. 3. Follow Up Framework: The Small Business Weak Point Among other complexities, following up on prospects seems to be one of the continuous online lead generation challenges. As discussed earlier, issues with allocation of budget and resources can make it daunting for small business owners to incorporate a systematic follow up system. However, the absence or inefficiency of a follow up arrangement for online leads can be a costly blunder. While many small business owners may argue that they always follow up on their leads, it is often overlooked that the process should be as swift as under the span of 24 hours. For example, it is usually required to set up automated systems for phone call returns, email auto-responders, etc. Although it is challenging and costly to establish and implement a mechanism for speedy follow up on leads, it is an essential requirement for the process of converting leads into sales. 4. Effective but Heavy on the Pocket There are some successful lead generation techniques, like Pay Per Click Advertising (PPC), which are becoming increasingly expensive for small businesses to afford. Incidentally, PPC is an effective
  • 4. advertising tool to drive traffic to a website but then an amount is to be paid every time the advertisement is clicked on. Apart from the expenses incurred through this form of advertising, it also brings another type of online lead generation challenges in the picture. Basically, if a small business invests an ample amount in PPC then it must also invest further on the quality of what it has to offer. If this is not done, then the business would find a low or insufficient conversion rate in the generated leads. 5. Surviving Against Competition Competitor practices also impose online lead generation challenges for many small businesses. One of the reasons why this is among the list of main online lead generation challenges is the better financial resources of some direct competitors. Secondly, technological inclination of competitors along with their available resources further adds to the pressure faced by small businesses. The objective is not to feel perplexed that on one hand, Internet Marketing is a beneficial tool for attracting potential customers while it also involves a variety of online lead generation challenges for small businesses. In fact, small business owners should understand the possible online lead generation challenges so they are able to create a balanced approach towards their online advertising techniques, response mechanism, track of conversion, and so on. The key to overcome online lead generation challenges is to hit the spot with a balanced budget allocation as well as a balanced ratio between quality and quantity of content and leads alike.