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$500 million and countingLead generation is the lifeblood of any SaaS (Software as a Service) business. And, without a consistent influx of leads, no amount of innovation in software solutions will gain traction. Attracting potential customers is not the only hurdle; finding the right kind of customers whose goals align with your business goals also matters.
91% of marketers also prioritize lead generation, demonstrating its importance for almost all businesses. As per the research, organizations tend to generate on an average 1,800 leads on a monthly basis, about 4 out of 5 of it are marketing-quality leads (MQLs).
In this guide, we’ll go through 11 actionable SaaS lead generation strategies that we’ll break down step-by-step so you can get to work growing your business. These strategies emphasize building trust, delivering value, and inciting action — all in a simple way, whether you’re a startup or an established SaaS company.
The act of finding, attracting and converting software product potential customers is called SaaS lead generation. It isn’t just about reaching people — it’s about reaching the right people who are likely to benefit from your offering.
Traditional product launch practices do not translate to SaaS, in which customer retention may matter even more than acquisition—subscription-based SaaS models are built on recurring revenue. This means lead generation is more than just the first interaction — it’s an ongoing process of developing relationships and adding value.
Different types of leads require different approaches, and understanding what these types are, can help you in implementing the right process. Understanding the different types of leads and what stage they are at in the buying cycle allows you to craft tailored communication and nurturing techniques. Let’s take a deeper look at the main categories of leads SaaS companies encounter:
Sales Qualified Leads (SQL) are leads that are willing to engage with your sales team. These people or businesses have shown definitive interest in your product and are likely thinking about making a purchase. SQLs are frequently born of direct activity like:
Why are SQLs Important: As these leads are further along towards conversion, they often take less time to nurture compared to other types. The main goal is to answer questions, address concerns, and close the deal.
MQLs (marketing qualified leads) are prospects who have shown interest in your marketing activities, but they are not yet willing to make the purchase. They’ve expressed interest in your product or company, but they might still be doing research. MQLs typically take the following actions:
Why MQLs Are Important: MQLs take longer to convert, but are also a pool of interested prospects that can be nurtured through longer conversions. They are often in the awareness or consideration stage of the buyer’s journey so educational content and value-driven content is critical.
How to Nurture MQLs:
You can explore strategies like those mentioned in SaaS SEO: A Four-Step Strategy for Growth to optimize lead nurturing.
PQLs lend themselves to SaaS businesses and they are one of the most valuable leads you can get. These are leads who have already experienced your product — usually to a free trial, freemium version, or other demo with limited features. Your software is something that they have direct experience with, which is typically a strong indicator that they will upgrade to a paid plan or a higher-tier subscription.
Characteristics of PQLs:
Why PQLs matter: These leads have already tried out your software and know what it can do. They’re not just knowledgeable about your brand — they know it! This close connection typically results in a higher conversion rate than MQLs or SQLs since your leads are hands-on with your solution.
How to Nurture PQLs:
For instance, if the PQL is using a project management tool in freemium mode and constantly reaching the task limit, an email on unlimited tasks in your premium plan can nudge them toward conversion.
Understanding the differences between SQLs, MQLs, and PQLs allow your SaaS business to deploy resources more efficiently. For instance:
Partnering with a SaaS marketing agency or using SaaS content marketing services can help you figure out what stage a lead is in the buyer’s journey and how to move them closer to conversion. This segmentation also means that you’re not treating all leads like they are the same, which can make you more efficient and improve your results.
Recently, saas lead generation can be done using webinars. They provide you the most unique opportunity to interact with your audience in real-time — addressing your audience’s pain points, sharing your expertise, and showcasing your product’s capabilities. Webinars create trust as much as education, serving as the building block of your SaaS as a solution to your audience’s problems.
Why it works
Webinars are one of the top 5 content types that drive saas lead generation. They’re also interactive, meaning attendees can ask questions and receive immediate answers, developing a relationship with your brand. Webinars offer a few big advantages over blog posts or videos — they’re a two-way conversation, building trust and positioning your company as an expert in the industry.
Tips for success
At the heart of good saas lead generation is content marketing. And I don’t just mean blog posts, but offering valuable resources in the form of whitepapers, eBooks, case studies, videos, and webinars that solve specific problems for your audience. Pairing good content with saas seo services is one approach you can take to create a slick, organic traffic machine that continuously churns out leads for your business.
Why it works
It generates three times more leads than traditional marketing and 90% of marketers are actively using it as part of their strategy. Great content not just informs, it also establishes your brand as an authority in your industry. When properly optimized for SEO, your content gets found more often, and you get long-term traffic, all without ad spend.
Tips for success
Your landing pages are where potential leads make the choice to act. Whether signing up for a demo, downloading a whitepaper, or starting a free trial, the landing page is where conversions take place. A landing page will catch users and then lead them to accomplish what you want with as little resistance as possible.
Why it works
Landing pages are the most effective tactic for lead generation according to 44% of marketers. Each landing page is designed for only one purpose — whether that’s capturing contact details or clearing the sign-up path — so they can remove anything that distracts from decision-making.
Tips for success
Like many of the tools we use, social media is not just a place to share when you’ve had a good lunch, it’s a living, breathing tool for engaging, reaching, and converting your audience. SaaS companies can leverage platforms like LinkedIn and Twitter, as well as niche forums, to engage directly with decision-makers and create valuable connections. Highlighting saas link building services and saas ppc agency offerings on social media can also boost visibility.
Why it works
Two-thirds of marketers generate high-quality leads with no more than six hours per week on social media. For B2B SaaS companies, this level of targeting makes social media especially effective as you can hone in on particular industries or job roles or interests.
Tips for success
Email marketing is the lead generation tactic that 48% of marketers say is working best for them.
Why it works
With an average cost per lead of $53, it’s a budget-friendly way to drive conversions and maintain relationships with prospects.
Tips for success
A referral program is essentially word-of-mouth marketing on steroids. When your happy customers spread the word about your product, it’s not just free advertising — it’s one of the best ways to develop highly qualified leads for SaaS lead generation. Research indicates this is well-founded, as 84% of B2B decision-makers initiate their buying journey through a referral, demonstrating the confidence and reliability associated with this pathway.
Why it Works:
Referrals bring built-in credibility. If a peer/colleague tells someone about your product, they are more likely to view your product as credible and worth their consideration. Because they also come with solid referrals, referred leads also have shorter close times and greater lifetime value.
Tips for Success:
Trust is everything for SaaS businesses. G2, Capterra, Trustpilot, and other similar platforms are a requirement for establishing credibility for a SaaS web design agency. If a prospect researches your product, they most probably will check these sites for reviews and testimonials.
Why it works:
Good reviews are personal endorsements. Surveys have shown that most buyers check reviews before making a decision, and organizations with robust reviews stand out in crowded spaces. These platforms also help you gain visibility, given that many of them rank high in search results.
Tips for success:
Case studies and testimonials are great for showing how your product solves real-world problems. And they let prospective customers picture the concrete benefits of your product through the experience of those who already succeeded with it.
Why it works:
Case studies are the 3rd most popular content type in B2B marketing, with 47% of marketers reporting them as effective. They also serve as social proof, helping to alleviate potential customers from doubt and leading them to act.
Tips for success:
Chatbots are an integral part of modern websites, especially for SaaS companies. They allow immediate interaction, answer frequently asked questions, and direct visitors toward taking the next step, all without a human present.
Why it works:
An estimated 80% of businesses will implement chatbots. They’re also available around the clock, ensuring no guest ever slips by undetected. Chatbots also provide valuable insights into visitor behavior and preferences, allowing you to tailor future engagements accordingly.
Tips for success:
Hands-on demos are one of the best ways to show potential customers how your product works and how it can help solve their problems. Live demos give you the opportunity to adapt the presentation based on your audience’s interests and questions, unlike static content.
Why it works:
Nothing like a live demo to build confidence in your product. Demonstrating it also makes clear to potential customers what it can do and quells hesitancy. Seventy-eight percent of SaaS buyers say live demos impact their buying decisions.
Tips for success:
Ex-customers might not be using your product anymore, but they can still be a great source for leads. Maintaining a connection with past users pays off over the long term, regardless of whether they come back as repeat customers or turn into referral sources for new leads.
Why it works:
Research suggests as much as 20% of current customers can yield new business through referrals or repeat purchases. Since they’ve already had their product, they’re more inclined to recommend it to others or return if their circumstances permit.
Tips for success:
There’s no magic wand for SaaS lead generation — mix and match multiple tactics that reinforce each other. From webinars and content marketing to referral programs and chatbots, each has its part to play. Concentrate on building trust and bringing value with every interaction, and your SaaS web design agency will grow.
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