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What is Lead?

A lead is a potential customer who has shown interest in a product or service, often by sharing contact information or engaging with marketing content. Leads are the starting point in the sales process and are typically qualified before moving through the pipeline.

Table of Contents

Full Definition

Leads originate from various sources such as website signups, events, referrals, or advertising campaigns.

Effective lead management involves scoring, nurturing, and qualifying leads to prioritize sales efforts.

High-quality leads increase sales efficiency and improve conversion rates.

Examples

  • Initiates sales opportunities

  • Can be nurtured for higher conversion

  • Provides valuable contact and behavioral data

Benefits

  • Poor lead qualification wastes sales resources

  • Ignoring lead nurturing decreases engagement

  • Unverified leads may lower sales effectiveness

Common Mistakes

  • Implement lead scoring and automated nurturing to maximize sales efficiency.

Conclusion

Implement lead scoring and automated nurturing to maximize sales efficiency.

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Other Related Terms

Check out these related terms or view all terms in the category Sales Terminology.

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