10 Proven Outbound Lead Generation Strategies That Guarantee Sales

Is outbound lead generation really necessary when you already have a well-established inbound marketing strategy?

While we understand your point, outbound lead generation can be a valuable addition to your sales and marketing approaches. 

Despite its challenges, outbound lead generation strategies offer unique benefits that cannot be achieved through inbound methods alone.

Well, consider these scenarios:

• Do you need help getting high-quality leads that match your ideal customer profile?
• Is your sales pipeline not generating enough leads to meet your revenue goals?
• Are you missing out on potential leads because you're not actively reaching out to them?
• Do you want to accelerate your lead generation efforts and see faster results?

By implementing outbound lead generation strategies, you can address these challenges. Plus, you can drive more revenue for your business. 

What Are Outbound Leads?

An outbound lead is a B2B prospect you have approached through an outbound channel.   They may have expressed interest in your company’s products or services but have not purchased yet. 

Such leads then enter the outbound sales funnel – where you can nurture them into customers. 

Two common types of outbound leads are Marketing Qualified Leads (MQLs) and Sales Qualified Leads (SQLs).

• MQLs are those leads who have shown interest in your company's product or service or responded to your outreach attempts.
• SQLs are those leads identified as potential customers by a sales representative. Hence, they are ready for the next stage of the sales process.

Why Use Outbound Lead Generation To Generate Leads? 

Outbound lead generation has become essential in the current business landscape, mainly due to the following reasons:

• Rising competition
• Changing sales environment
• COVID-19 pandemic

The following are some of the benefits of using outbound lead generation:

1. Accelerates the Sales Cycle

Outbound lead generation can help accelerate your sales cycle by targeting leads ready to purchase. By focusing on these leads, you can spend less time qualifying prospects and more time closing deals. 

2. Delivers Immediate Results

Outbound lead generation strategies are excellent for companies that need quick results. By using outbound tactics, you can generate tangible results within a shorter timeframe. 
For example, cold email marketing campaigns had a conversion rate of 8.17% in 2022. It implies that a well-targeted campaign can deliver immediate results.

3. Increases Brand Awareness

Outbound lead generation can increase your brand awareness without requiring significant effort. By sharing your content with your prospects, you can ensure the right people see it when they need it the most. 

Moreover, even if they are not currently interested in your product or service, you still have an impression in their mind. It can help you increase brand recognition and recall.

4. Targets High-Value Prospects

One of the most significant advantages of outbound lead generation strategies is the ability to target high-value prospects. As a result, you can bring your messages directly to the people you want to reach. 

For example, you can target LinkedIn-sponsored content ads based on the following:

• Job titles
• Industry
• Company size and more

5. Gives Direct Control Over Lead Generation

With outbound lead generation strategies, you have complete control over the number of leads you generate. You can tailor your campaigns to your goals and resources.

Plus, you can choose the number of leads you want to bring in. It gives you greater control over your marketing and sales strategies.

6. Cost-Effective

With inbound tactics, you may need to invest significant time and resources to generate results. On the other hand, outbound lead generation can help you generate leads quickly without requiring as many resources. 

For example:

• Cold email marketing campaigns can have an average cost-per-lead of $53. 
• On the contrary, inbound tactics like content creation can cost as much as $92 per lead.

Elements of Successful Outbound Lead Generation Strategies

1. Defining Buyer Personas

Another critical element of successful outbound lead generation strategies is identifying buyer personas and understanding their pain points. It involves deeply understanding your target audience's characteristics, needs, and motivations.

To create effective buyer personas, you may need to:

• Conduct market research
• Analyze customer data
• Engage with potential customers directly

Once you understand your buyer personas, you can tailor your messaging and outreach efforts to resonate with their needs and pain points.

2. Aligning Sales and Marketing Teams

Successful outbound lead generation strategies involve close collaboration between sales and marketing teams. This collaboration helps to ensure leads are effectively identified, engaged, and converted into customers.

The sales and B2B marketing teams comprise different roles, including:

• MDRs follow up on activity generated by MQLs.
• BDMs are responsible for negotiating deals and presenting live demos.
• Finally, AEs focus on closing deals – managing and growing existing accounts.

3. Identifying Outreach Channels

Pinpointing the proper platforms for outreach and developing a communication plan is critical for successful outbound lead generation. It involves recognizing the channels and touchpoints most effective for reaching your target audience.

For example, your target audience may be active on social media. Then, you can develop a social media strategy that includes the following:

• Targeted advertising
• Content promotion
• Community engagement

Alternatively, if your target audience is more likely to respond to email outreach, you should focus on developing a targeted email marketing campaign.

4. Customizing Content and Marketing

Successful outbound lead generation strategies begin with tailoring content and marketing to attract desired customers. It involves:

• Understanding your target audience
• Crafting content that resonates with their interests and pain points

Let’s say you’re targeting a company in the ed-tech industry. Then, you may want to create content that addresses specific challenges such organizations face. It could include white papers, case studies, or blog posts that offer solutions to common problems, such as:

• Difficulty in keeping up with rapidly changing technology and educational trends.
• Lack of trust and awareness among potential customers regarding the effectiveness of tech solutions.
• Difficulty in conveying complex concepts and features of ed-tech products to non-technical users
• Addressing data privacy and security concerns for users of ed-tech products and platforms.

In addition to creating content, developing a digital marketing strategy that reaches your target audience is essential. It may involve using social media, email marketing, or other channels – to promote your content and attract potential leads.

5. Creating a Lead Scoring Framework

Successful outbound lead generation strategies typically involve developing a lead scoring system to ensure your outreach efforts get priority. This system helps focus on leads based on their:

• Level of engagement
• Degree of interest
• Fit with your offering

For example, you may assign a higher score to leads who engaged with your content, attended a webinar, or downloaded a white paper. You can ensure your team focuses on the most promising opportunities by prioritizing outreach efforts to leads with the highest scores.

6. Designing Lead Nurturing Approaches

Finally, you should create lead nurturing approaches that help keep potential leads engaged and interested in your offering. It involves developing a series of targeted communications, such as – email campaigns or webinars – that provide value to potential leads over time.

• Lead nurturing approaches can keep your brand top-of-mind with potential customers and build trust and credibility over time. 
• They can also ensure potential leads remain engaged with your offering, even if they have yet to be ready to make a purchase.

10 Best Outbound Lead Generation Strategies

Now that you have gained more insight into outbound lead-gen, consider taking the next step to generate leads for your business. Let's explore 10 most effective outbound lead generation strategies that can yield positive results to assist you with this.

1. Cold Calling

Cold calling involves reaching out to potential customers who may need to be made aware of your business. However, if you give them personalized information, they could be interested in your products or services.

It is a popular B2B lead generation approach and can be very effective if done correctly.

In the past, cold calling involved randomly dialing numbers from a phone book. However, with modern sales technology, cold calling has become a more efficient practice. It focuses on contacting only qualified and high-quality leads. 

Today, sales reps can quickly leave hundreds of voicemail drops to qualified leads, making the process more scalable and streamlined.

However, remember that cold calling can also be challenging. It’s especially true when dealing with gatekeepers who may block access to decision-makers. 

Nevertheless, you can overcome these challenges and leverage cold calling as a successful lead-generation tool. Here are some tips:

• Research and identify your target audience before making the call.
• Develop a strong opening statement that captures the prospect's attention.
• Practice active listening and personalize the conversation to the prospect's needs.
• Anticipate objections and prepare responses to them.
• Use social proof, such as customer testimonials, to build credibility.
• Create a sense of urgency and a clear call to action.
• Use technology to streamline the process, such as auto-dialers and CRM tools.
• Follow up with prospects who have shown interest but have yet to convert.
• Finally, continuously analyze and adjust your approach based on results and feedback.

2. Cold Email

Cold emails are among the most effective outbound lead generation strategies – and for a good reason. They require minimal investment and can be one of your first approaches for outbound campaigns.

One of the best things about cold email campaigns is that you can customize them for each recipient. As such, it can increase the chances of getting a response.

In addition, cold emails bring a higher ROI than other outbound strategies. In fact, they are 40x more effective than Twitter or Facebook.

You can also automate cold email campaigns and send communications at specific times of the day to suit your leads. Hence, you can even reach prospects while you're asleep!

To create a successful cold emailing campaign, you can check out the following tips:

• Personalize the content and subject
• Use an enticing subject line
• Write a concise message
• Focus on providing value to the recipient
• Identify suitable times to press ‘send’
• Add a compelling and action-oriented CTA
• Embrace automation
• Include a follow-up series of emails
• Embed emojis and GIFs
• Set up the technical authentications required to deliver emails

3. Dark Social

Dark Social is a lead generation technique for social sharing that can't be tracked through traditional web analytics. It occurs when a user shares a link through private messaging platforms like email or instant messaging. 

It ditches the popular public social media platforms like Twitter or Facebook. Here are some points to understand Dark Social as a lead-gen technique:

• Over 84% of social sharing occurs via Dark Social.
• It allows you to track user behavior and interactions that otherwise would go unnoticed.
• You can gain insights into audience interests and use this data to improve outbound lead generation strategies.
• To track Dark Social, use specialized analytics tools that monitor unique sharing links – to identify the source of the shared content.
• Plus, you can encourage users to share their content by including social sharing buttons in email newsletters or on your website.
• Optimizing content for Dark Social sharing allows you to reach a wider audience and drive more leads.

4. Direct Mail

Direct mail involves sending physical mail to potential customers or clients. Despite the prevalence of digital marketing, direct mail remains effective in 2023.

Combine it with other outbound lead generation strategies to maximize direct mail. When you execute correctly, direct emails are incredibly effective. In fact, you can personalize it – using creativity – to a great extent.

Plus, you can create and send custom postcards with QR codes to interlink your online and offline campaigns. This approach allows you to merge the power of digital marketing with the physicality of direct mail.

You can use direct mail campaigns to achieve various goals, such as:

• Converting high-value prospects into customers
• Nurturing potential leads to move them closer to making a purchase
• Requesting meetings or demos with interested prospects
• Introducing your company to new leads
• Inviting prospects to attend a personalized event

With the right message and targeting, direct mail can be a highly effective tool for generating leads and closing deals.

5. Content Syndication

Content syndication involves distributing your content through various channels to reach your target audience. It is a powerful tool to increase your brand visibility and generate leads. 

• According to research, over 65% of marketers use content syndication as a core part of their lead-generation efforts.
• Plus,  46% of marketers focus on improving their content distribution channels, mostly around content syndication.

Content Marketing Priorities

By leveraging content syndication, you can achieve the following benefits:

• Multiply content ROI: By distributing your content to a broader audience, you can increase your content's reach and engagement, leading to better ROI.
• Generate brand awareness: Syndicating your content through various channels can help you gain visibility among your target audience. It ultimately leads to brand awareness and recognition.
• Get content credibility: By syndicating your content through reputable channels and publishers, you can establish your brand as a credible source of information. As a result, it can further enhance your brand reputation.

Next, how can you execute content syndication effectively? 

• First, distribute your resources through outbound channels like email marketing and telemarketing. 
• Use the most popular content types for syndication – whitepapers, presentations, infographics, and articles. 

In inbound marketing, the content is put out there for anyone to discover. However, content syndication lets you choose who reads your content and when. Hence, you can ensure your content reaches the right audience at the right time.

6. Referrals 

As per HBR:

• 84% of B2B buyers start the purchasing process with a referral.
• Peer recommendations influence more than 90% of all B2B buying decisions.

Referral marketing is a powerful strategy to generate leads and increase sales. It leverages existing customers' trust and positive experiences to attract new ones. 

Here are some insights on how to create an effective referral program:

• Referred leads tend to convert faster and have a higher lifetime value.
• The key to a successful referral program is to provide an incentive that motivates your customers to refer you to their network. 
• The type of incentive will depend on your industry and business model.

Examples:

• If you're in the software industry, you can offer free trials, exclusive features, or discounts to customers who refer new users. 
• For ed-tech companies, you can offer additional courses or access to premium content.
• For service-based businesses or agencies, you can provide a commission or discount on future services for every new referral that converts into a paying customer. 
• You can also offer a loyalty program to reward customers who refer multiple new clients.

Referral marketing asks customers to write testimonials or leave reviews on relevant platforms. As a result, it can increase your brand's visibility and reputation. Plus, it provides social proof to potential customers.

Remember to make it easy for customers to refer you. Provide clear instructions and accessible referral links. Consider using referral software or plugins to automate the process and track the results.

Finally, always thank your customers for their referrals and show appreciation for their loyalty. It can strengthen your relationship with them and encourage them to refer you again.

7. LinkedIn Outreach

Among social media platforms, LinkedIn stands out as one of the largest professional networks, with members in 200 countries and regions worldwide.

Plus, it has around 65 million decision-makers among its users. Hence, it is a highly effective platform for lead generation. 

You can specifically target individuals who fit your ideal customer profile using LinkedIn's search function and various filters, such as:

• Job title
• Industry
• Location
• Connections

Here are some more tips to make the most of LinkedIn marketing

• Once you pinpoint your prospects, share a connection request with a personalized message. In addition, we recommend optimizing your profile beforehand – maximizing your success rate.
• Moreover, when crafting your personalized message, avoid sounding too sale-sy. Why? Prospects can get overwhelmed with too sales and marketing messages. 
• Also, use message templates if you need help deciding what to include. You can even consider adding appreciation to your messages. 
• If your budget allows, upgrade to LinkedIn Premium or Sales Navigator. They will give you access to extra features, such as the InMail feature – allowing you to send messages to users not on your connection list.

8. Online Communities

The marketing world needs to pay more attention to online communities, such as Facebook groups, Subreddits, and forums. They can be a unique and effective way to generate leads. 

Rather than reaching out to individuals from a lead pool, you enter a community that is the lead pool. But it's crucial to refrain from using this as an opportunity to spam people with promotions. 

Instead, provide value by offering helpful advice and tips when someone has a problem that you can solve. Building relationships and trust with community members is essential. It will make selling a lot easier in the long run.

9. Job Boards

Job boards can be a practical addition to your outbound campaign. It’s especially beneficial for service-based businesses – although some marketers may not consider it a valid form of outbound marketing. 

Job board leads are warmer and often looking for someone with similar skills and services. With advanced search filters, you can narrow down your targeting. Then, you can create personalized Loom videos for each job posting. 

However, remember that your ideal lead pool may be smaller and less qualified.

For example, if you're a digital marketing agency looking to target SaaS companies, you could use Glassdoor to find companies currently hiring marketing managers. 

You could research each company to learn more about their marketing needs and goals. Next, craft a personalized outreach message showcasing your SaaS industry expertise. 

This approach allows you to generate highly targeted leads and start conversations with decision-makers actively seeking help in your expertise.

10. Networking Events

Let's move on to our final outbound lead generation strategy – networking events. Although not the most scalable approach to marketing your business, they're a fantastic way to connect with a highly qualified group of leads. 

Attending niche events with your ideal lead is essential to generate leads through networking events. 

For instance, if your SaaS company specializes in helping e-commerce brands, attending an e-commerce event, not a SaaS meetup, is more targeted. By doing this, you'll be able to meet your target customer and potential leads. 

Even if you don't acquire any leads, the insights you gain will be valuable. According to a study, networking is vital for the success of 78% of startups.

How to Refine Outbound Lead-Gen Strategies?

1. Automation

CRM software can help you store and track every interaction between your B2B company and a lead. 

Marketing automation software, on the other hand, can save time, cut down on manual tasks, and provide analytics on various KPIs. 

These tools are now essential for your outbound lead generation campaigns.

2. Personalization

Personalization can enhance customer experience, highlight the value of your services to a lead, and increase sales. 

You can personalize almost anything in your outbound lead generation efforts, including:

• Calling scripts
• Emails
• Landing pages
• Sales objections

NOTE:

• Emails with personalization receive higher open rates
• CTAs perform better
• Pre-targeting ads can only exist with personalization

In fact, 72% of consumers say they only engage with personalized messaging.

3. Multichannel Outreach

Next, deploy multiple channels for outbound lead generation, such as:

• Cold calling
• Cold emailing
• Social media connections
• Landing pages
• Pre-targeting ads
• Content syndication
• Direct mail and more

Multichannel outreach can increase customer retention rates, spread company awareness, and create an entire customer journey. 

For example:

• Personalized cold emails can double your reply rates
• Social media outreach is cheap and can reach a target demographic fairly quickly
• Direct mail has almost no competition in the lead’s post box

4. Mobile Optimization

Digital generation takes over sales, with 80% of B2B buyers using mobile devices at work. Mobile optimization can:

• Reduce purchasing time
• Heighten customer loyalty
• Increase queries, traffic, and lead flow

Your website must load fast and look good on mobile devices. However, don’t forget about landing pages, whitepapers, and any other possible links you may include in your outreach. Everything moves fast, and so should your outbound.

5. Remote Interactions and Activities

Interactive content can increase engagement, grab attention, and entertain. So use quizzes, questionnaires, surveys, and contests to generate more outbound leads.

Plus, work-from-home reality doesn’t mean you have to quit events. You can go online. Adjusting to remote activities can help you maintain your outbound lead generation efforts even when you can't meet with leads in person.

Elevate B2B Sales With Outbound Lead Generation Strategies

Outbound lead generation is a powerful tool for businesses looking to increase sales and generate leads quickly. With the ability to start direct conversations with key decision-makers, you can target prospects that fit your ideal customer profile. 

Remember, you don't have to choose one or the other. A combination of both can be effective. To maximize your outbound lead generation efforts, focus on individual connections, relevance, and thoughtfulness during the prospect's journey. 

Contact Revnew today to learn how we can help you optimize your outbound strategy and achieve your sales goals.