Connect with us

Politics

Generate Email Leads on Facebook & Convert Fans into Customers

Published

on

Email Fans into Customers


In today’s digital age, businesses have to compete to capture the attention of their audience. One of the most effective ways to reach out to potential customers is through email marketing. The first challenge for marketers is to build their email list, and Facebook is an excellent platform to achieve that goal.

With over 2.8 billion active users, Facebook offers a vast audience that businesses can tap into to generate email leads and turn fans into customers. In this article, we will explore eight ways to generate email leads on Facebook and turn fans into customers.

1. Encourage Sign-Ups

One of the most effective ways to generate email leads on Facebook is to encourage sign-ups. The objective is to offer something valuable that users are willing to exchange their email addresses for. A lead magnet can be an e-book, a webinar, a discount code, or any other resource that aligns with your business’s value proposition.

The key is to create a compelling offer that incentivizes users to join your email list. For example, a business coach could offer a free e-book on “10 Tips to Grow Your Business” in exchange for email sign-ups.

Another effective strategy is to use Facebook lead ads. Facebook lead ads allow businesses to collect email addresses directly from Facebook without the user having to leave the platform. This strategy reduces friction for users and increases the likelihood of generating leads. A case study by AdEspresso found that using Facebook lead ads resulted in a 43% decrease in cost per lead compared to traditional lead generation methods

2. Use Facebook Contests

Running a Facebook contest is an excellent way to generate email leads and increase engagement on your Facebook page. The objective is to create a contest that requires users to sign up for your email list to participate.

For example, a skincare brand could run a contest where users must submit their email addresses to enter a giveaway for a free product bundle. The brand could then use email marketing to nurture the leads and turn them into customers.

The key to running a successful Facebook contest is to promote it on other social media platforms to reach a wider audience. For example, the skincare brand could promote the contest on Instagram and Twitter to attract new leads.

3. Host Webinars

Webinars are an excellent way to generate email leads and position your business as a thought leader in your industry. The objective is to create a webinar that requires registration via email. For example, a digital marketing agency could host a webinar on “10 Social Media Strategies to Drive Sales” and require attendees to sign up for the webinar via email. The agency could then follow up with attendees after the webinar to nurture leads and turn them into customers.

According to a study by the Content Marketing Institute, webinars are one of the most effective content marketing tactics. The study found that 58% of marketers rated webinars as “very effective” in generating leads

4. Create a Facebook Group

Creating a Facebook group is an excellent way to build a community and encourage engagement. The objective is to create a closed Facebook group for your customers or target audience. The group should offer exclusive content, discounts, and resources unavailable to the general public. The key is to create a sense of exclusivity that incentivizes users to join the group.

Once you have built a community, you can use the group to promote your email list. For example, you could create a post in the group promoting a lead magnet or an upcoming webinar and require users to sign up for your email list to access the resource.

A case study by Buffer found that creating a Facebook group led to a 12.9% increase in monthly active users and a 36.5% increase in engagement.

5. Use Facebook Live

Facebook Live is an excellent way to engage with your audience and promote your email list. The objective is to use Facebook Live to educate your audience on a topic that aligns with your business’s value proposition. During the live stream, you can offer a lead magnet that incentivizes users to join your email list. For example, a nutritionist could host a Facebook Live on “10 Foods to Boost Your Immune System” and offer a free e-book on healthy recipes to anyone who signs up for their email list.

According to a study by Livestream, 82% of users prefer watching a live video from a brand over reading a social media post. Facebook Live can help you build a personal connection with your audience, and the live interaction can lead to increased engagement and more email leads.

6. Share High-Quality Content

Sharing high-quality content on your Facebook page is an excellent way to generate email leads. The objective is to create valuable content that leads to a landing page with a sign-up form. For example, a financial planner could share a blog post on “5 Ways to Save Money on Your Taxes” and include a call-to-action that leads users to a landing page with a sign-up form.

Retargeting ads can also be an effective strategy to reach users who have engaged with your content. A case study by WordStream found that retargeting ads on Facebook had a 10x higher click-through rate than regular display ads.

7. Partner with Influencers

Partnering with influencers in your industry is an excellent way to reach a wider audience and attract new leads. The objective is to identify influencers with a large and engaged following and collaborate with them on a campaign that promotes your email list.

For example, a fitness brand could partner with a fitness influencer and create a joint webinar on “10 Home Workouts for a Healthy Lifestyle.” The webinar would require registration via email, and both the brand and the influencer could promote the webinar to their respective audiences.

According to a study by Influencer Marketing Hub, the ROI of influencer marketing is $5.20 for every $1 spent.

Email Fans into Customers. Image Credit: Influencer Marketing Hub; Thank you!

8. Use Facebook Ads

Facebook Ads can be an effective way to reach a specific target audience and generate email leads. The objective is to create a Facebook Ad that promotes a lead magnet or an exclusive offer that requires email sign-up. For example, a pet food brand could create a Facebook Ad that offers a discount code for first-time customers in exchange for email sign-ups.

According to a study by Hootsuite, Facebook Ads have an average click-through rate of 1.56% and an average conversion rate of 9.21%.

Conclusion

Facebook offers a vast audience that businesses can tap into to generate email leads and turn fans into customers. The key to generating email leads is to create a compelling offer that incentivizes users to join your email list — and use strategies such as Facebook lead ads — and implement these types of strategies into your business model.

You’ll want to use not only Facebook lead ads — but also Facebook groups, Facebook Live, high-quality content, influencer marketing, and Facebook Ads to reach a wider audience. You’ll quickly deploy exciting contests and interesting webinars.

By implementing these strategies, entrepreneurs, startups, and all businesses can build a strong email list and use email marketing to nurture leads and turn great emails into customers.

Featured Image Credit: Provided by the Author; Thank you!

Paul Mark

A highly creative and motivated self-starter with exceptional project management skills and strong ability to work independently desires the job of a Brand Marketing Coordinator at Healthcare Mailing, a leading provider of healthcare email list, Physicians Email List, medical email list and healthcare related marketing services.

Politics

Fintech Kennek raises $12.5M seed round to digitize lending

Published

on

Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

Continue Reading

Politics

Fortune 500’s race for generative AI breakthroughs

Published

on

Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

Continue Reading

Politics

UK seizes web3 opportunity simplifying crypto regulations

Published

on

Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

Continue Reading

Copyright © 2021 Seminole Press.