The Five Ways to Acquire New Customers
In the world of B2B sales, the eternal question that plagues sales professionals is: “How do I acquire new customers? How do I get more customers?” The answer may surprise you, but the key lies in content. Yes, content is the new sales. There are only five ways to get new customers:- Cold outreach (cold calling, cold DMs, etc.)
- Networking and events (conferences, trade shows, etc.)
- Reselling and partnerships
- Paid advertising and lead generation
- Creating and sharing content
The Limitations of Traditional Sales Tactics
Let’s take a closer look at the first four customer acquisition methods:1. Cold Outreach
Cold calling, cold emailing, and cold DMs are the traditional bread and butter of sales. But they’re also incredibly time-consuming and have low success rates. Customers are inundated with these types of outreach, and they’ve become adept at tuning them out.2. Networking and Events
Attending conferences, trade shows, and other industry events can be valuable for making connections and generating leads. However, these tactics are not easily scalable. You’re limited by the number of events you can attend and the people you can physically meet.3. Reselling and Partnerships
Partnering with other companies to resell your products or services can be an effective way to reach new customers. But you’re still relying on someone else’s audience and network, which you have limited control over.4. Paid Advertising and Lead Generation
Paid advertising and lead generation tactics like PPC, social media ads, and lead magnets can certainly drive new customers. But they require a significant upfront investment, and the results can be unpredictable.The Power of Content-Driven Sales
Now, let’s explore the fifth and most powerful customer acquisition method: creating and sharing content. Content is the only “pull” mechanism on the list. Instead of pushing your message out to potential customers, you’re creating valuable, informative, and engaging content that draws them in. This approach has several key advantages:1. Scalability
Unlike the other tactics, content creation and distribution can be highly scalable. Once you’ve created a piece of content, you can share it across multiple channels and platforms, reaching a much wider audience than you could through individual outreach or events.2. Trust and Authority
When you provide genuinely helpful, educational, or inspirational content, you establish yourself as a trusted authority in your industry. This builds credibility and makes it much easier to convert those leads into customers, as they already see you as an expert they can rely on.3. Passive Lead Generation
Content that ranks well in search engines or gets shared widely on social media can continue to generate leads and drive new customers to your business, even long after it’s been published. This passive lead generation is a powerful advantage over more active sales tactics.4. Synergy with Other Tactics
Content can also be used to support and enhance the other customer acquisition methods. For example, you can use content to warm up leads before reaching out, or to provide valuable resources to attendees at your industry events.The 80/20 Rule of Content Creation
So, how do you create the right kind of content to drive new customers? The key is to follow the 80/20 rule:- 80% of your content should be educational or inspirational – This type of content focuses on providing value to your audience, without directly promoting your products or services. Think how-to guides, industry insights, thought leadership pieces, and more.
- 20% of your content can be about your products or services – This more promotional content should be used sparingly, as the trust you build through your educational and inspirational content will make these sales-focused pieces much more effective.