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How To Use Social Media To Generate Leads

By Megaphone 17 August, 2023, 7 mins read

In today’s rapidly evolving digital landscape, social media isn’t merely a platform for social connections; it has evolved into a powerful business tool for reaching potential customers and transforming them into loyal advocates. 

Not just customers who come and buy once, but long-term brand fanatics who stick around and boost your CLTV (customer life-time value).

Navigating the Social Media Maze

There’s a lot out there. And seemingly, with the likes of Threads and X (Twitter 2.0), new platforms are popping up every day. So where do we start?

Let’s take it back to the basics. Forget and where, when, or how. Think about the why.

Social media for lead-generating businesses, at its core, is a place to share compelling content, foster meaningful relationships, and capture the attention and interest of your target audience.

It can’t be ad-hoc either. The social media content journey involves guiding your audiences through the stages of awareness, interest, consideration, and ultimately, conversion. And that applies to both paid advertisements and organic content.

So, when you’ve identified your why, built out your plan, and rolled out your content, you can begin transforming these platforms into valuable customer-base-building channels.

Here are the three rules of thumb for making your social media presence as impactful as possible: 

1. Craft Captivating Content

Imagine your posts are like stories that your audience wants to read. You need to quickly grab attention. You also need to make sure your message speaks to them in a relatable fashion

Expert businesses do this by creating content that speaks to individual (or, at least, a target individual) interests and problems. Not every book applies to every reader, and it’s the same with your social media content. If you try to speak to everyone, you’ll end up speaking to no one.

Whether it’s eye-catching pictures, interesting articles, or engaging videos, your content should make people feel like you understand them and that you share the same values

2. Let Your Customers Shine

One of the best strategies is authenticity. You can borrow this technique by asking your happy customers to share their experiences. When real people talk about how your product or service helped them, it builds trust and shows potential customers that you’re the real deal. 

Use case: UGC, reviews, unboxings, testimonials, live chats, and creating answer-based content based on your FAQs.

3. Tailor to Each Platform

Every social media platform is a bit different. Just like tailoring an outfit for different occasions, you should adjust your strategies to fit each platform’s personality. Be more formal on platforms that require it and be more fun and creative on others. 

This way, you’ll connect with your audience in a way that feels natural to the platform.

4 Important Stats for Social Media Lead Generation

At this point, let’s take a step back to revisit some key social media statistics related to lead generation. These numbers might have evolved since they were studied (digital marketing is a fast-paced indursry, after all), but their underlying principles still hold true.

1. Lead Generation Impact: According to HubSpot’s 2022 report, social media was the second-most common method for lead generation, with 66% of marketers using it to reach their target audience.

2. Social Media Conversion Rates: The average conversion rate for leads generated through social media was around 13%, higher than other online channels like search engine optimization (SEO) and email marketing. Source: WordStream.

3. LinkedIn’s B2B Influence: Lead Gen Forms on LinkedIn can increase conversions by 3x. 89% of B2B marketers rely on LinkedIn for lead generation. And 62% of B2B marketers generate leads on LinkedIn successfully, over double the next-highest social channel. Source: Socialpilot.

4. Visual Content Engagement: Posts with images received 2.3 times more engagement on social media platforms like Facebook and Twitter compared to text-only posts — so when you’re creating content, think visual. 

Case study: Happi Earth

We achieved a 15k+ increase in email subscribers, 14k+ increase in Instagram followers and 200+ orders generated.

View case study
happi earth case study 1

10 Effective Ways to Generate Leads on Social Media

We know that our customers are out there. But how exactly do we reach them? How can we turn them from someone who likes a couple of Instagram posts to somehow who actually submits a lead form – or, at least, investigates your website and offer?

1. Contests and Giveaways: Everyone loves a chance to win something. Host a contest or giveaway on your social media platforms through platforms like Viralsweep. This not only engages your current audience but also attracts new followers who want to participate.

2. Lead Magnets: Offer valuable resources like eBooks, guides, or webinars in exchange for people’s contact information. This not only helps you gather leads but also positions you as an expert in your field.

3. Collaborations and Partnerships: Partner with other businesses or influencers in your industry. Their audience becomes your potential audience, helping you reach a wider group of people.

4. Exclusive Offers: Provide special discounts or offers exclusively to your social media followers. This gives them an incentive to engage with your brand and potentially convert into customers.

5. Interactive Content: Create polls, quizzes, or interactive posts that encourage engagement. These not only boost your visibility but also allow you to learn more about your audience’s preferences. 

— Here’s our guide on how you can create engaging content for your audience.

6. Webinars and Live Streams: Host informative webinars or live streams that showcase your expertise and allow for direct audience interaction.

7. User-Generated Content Campaigns: Encourage your customers to create content related to your brand, showcasing their experiences and opinions.

8. Social Media Advertising: Invest in targeted ads to reach specific demographics and expand your brand’s visibility. Different social media platforms have varying levels of advertising costs. For instance, Facebook and Instagram ads tend to be more cost-effective for lead generation due to their extensive user bases and advanced targeting options.

9. Limited-Time Deals: Create a sense of urgency by offering limited-time deals or flash sales to your social media audience.

10. Engaging Stories and Behind-the-Scenes Content: Share behind-the-scenes glimpses and stories that humanise your brand and foster a deeper connection with your audience.

8 Popular Social Media Platforms To Generate Leads From:

Copy Of Megaphone Cover

Our first step was figuring out our “why”.

And we’ve just explored the “how”. Now, let’s dive into where. What works for one business doesn’t work for every other business — so make sure that you’re trying out different social media platforms to see which has the biggest impact for your brand.

1. Facebook: With billions of active users, Facebook remains a powerhouse for lead generation. Its diverse advertising options, groups, and business pages provide ample opportunities to reach and engage potential customers.

2. Instagram: Known for its visual appeal, Instagram is an ideal platform for businesses with visually captivating products or services. Instagram Stories, posts, and the integration of shopping features make it a valuable tool for lead generation.

3. LinkedIn: A go-to platform for B2B lead generation, LinkedIn is a professional network where businesses can showcase their expertise, engage in industry discussions, and connect with potential clients and partners.

4. X (formerly Twitter): Twitter’s fast-paced nature is well-suited for real-time engagement and immediate interactions. Its use of hashtags and retweets can amplify your reach and connect you with individuals interested in your niche.

5. YouTube: Video content reigns supreme on YouTube. By creating informative and engaging videos, businesses can attract and engage their target audience, driving them to explore further.

6. Pinterest: Ideal for visually driven industries, Pinterest allows users to discover and save ideas. Businesses can showcase their products or services through visually appealing pins, which can attract users interested in planning purchases.

7. TikTok: Particularly popular among younger demographics, TikTok offers a unique opportunity for businesses to create short, engaging videos that resonate with their target audience. Our TikTok hashtag generator will help your content go viral.

8. Reddit: If your business caters to specific niches or communities, Reddit’s subreddits can be a goldmine for lead generation. Participating in relevant discussions and providing value can help establish your brand’s authority.

Wrapping up

Each platform offers unique features and a specific user base. The key is to identify which online platforms align with your target audience and tailor your lead generation strategies accordingly.

Standing out amidst the noise requires a strategic approach – one that targets the right people, at the right time, with the right message. Our Lead Generation Services do just that, allowing you to focus on what you do best while we deliver a steady flow of qualified leads directly to your doorstep.

How To Use Social Media To Generate Leads

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