Lead generation and demand generation are like fraternal twins you can’t do without in marketing complex products.
Demand generation aims to create awareness, interest, and demand, especially when your target audience may not be aware that they could have a need for your offering.
On the other hand, lead generation aims to capture contact information of potential customers who are a step further. It involves those who have recognized the need and show interest or purchase intentions.
Both sides of the coin are needed to orchestrate successful marketing – AND you have to coordinate them well.
In demand generation, the focus is on those who have NOT searched for a product or service.
So, the goal here is to show them that you and your offering exist. With demand gen, we aim to create awareness and anchor the product and service solution in the minds of the target audience before they’ve even thought about it themselves. A bit like Inception. Yes.
The motto of demand generation is: Shi(f)t happens. The need will come.
Lead generation has its origins in marketing. The goal here is to identify potential customers, capture their contact information, and quickly turn them into happy customers.
The focus is on building a pool of already convinced leads, so that they can be converted into customers with minimal marketing and sales effort.
A sustainable B2B marketing strategy ALWAYS combines lead generation and demand generation in a full-funnel approach.
Because a full-funnel aims to guide potential prospects through all phases of the human buying decision. From the first contact to the purchasing decision.
The challenge is to combine lead generation and demand generation in a way that excites your prospects with the information they need in their respective decision phases.
This is the only way you will ultimately ensure customers and revenue.
LinkedIn marketing is ideally suited to unite both strategies.
Because if information is supposed to inspire in the long term, you need emotional cookies that are set daily – preferably without feeling like advertising.
On LinkedIn, you can do that. Here, you can create demand among your target audience through regular posts by brand ambassadors (demand) AND subsequently generate leads through supporting campaigns (lead).
Integrating both approaches on LinkedIn? Fantastic!