{"id":5555,"date":"2020-09-30T09:39:00","date_gmt":"2020-09-30T09:39:00","guid":{"rendered":"https:\/\/azoora.com\/blog\/?p=5555"},"modified":"2020-09-16T09:50:44","modified_gmt":"2020-09-16T09:50:44","slug":"5-amazing-b2b-saas-lead-generation-strategies-2020","status":"publish","type":"post","link":"https:\/\/azoora.com\/blog\/business\/5-amazing-b2b-saas-lead-generation-strategies-2020\/","title":{"rendered":"5 Amazing B2B SaaS Lead Generation Strategies 2020"},"content":{"rendered":"\n<p>Any founder will admit that for B2B SaaS companies,\u00a0lead generation in 2020\u00a0is fiercely competitive. Grabbing your slice of market share is now harder than ever. So what happened?<\/p>\n\n\n\n<p>In simple terms: Lower barriers to entry have invited more competitors to the table.<\/p>\n\n\n\n<p>In the MarTech field alone, the number of SaaS companies has\u00a0more than doubled\u00a0from 3500-7040 in the last 3 years.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"5559\" data-permalink=\"https:\/\/azoora.com\/blog\/business\/5-amazing-b2b-saas-lead-generation-strategies-2020\/attachment\/marketing-tech-statistics\/#main\" data-orig-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/marketing-tech-statistics.png\" data-orig-size=\"\" data-comments-opened=\"1\" data-image-meta=\"[]\" data-image-title=\"marketing-tech-statistics\" data-image-description=\"\" data-medium-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/marketing-tech-statistics.png\" data-large-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/marketing-tech-statistics.png\" src=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/marketing-tech-statistics.png\" alt=\"\" class=\"wp-image-5559\"\/><\/figure>\n\n\n\n<p>This means that unless you\u2019re a tech giant like Google or Microsoft, customers aren\u2019t going to beat a path to your door just because you built a product.<\/p>\n\n\n\n<p>To thrive in today\u2019s crowded environment, you need a\u00a0strong lead generation strategy\u00a0that puts your product in front of customers.<\/p>\n\n\n\n<p>In this post, we\u2019ll explore the timeless strategies that today\u2019s smart SaaS companies use to\u00a0generate leads.<\/p>\n\n\n\n<h2>01. Get customers to bring SaaS leads to you<\/h2>\n\n\n\n<p>Despite a minimal marketing budget, <strong>Dropbox <\/strong>is worth billions.<\/p>\n\n\n\n<p>They\u2019re also the poster company for \u201cviral\u201d referral marketing. And when you consider their growth metrics, it\u2019s easy to see why:<\/p>\n\n\n\n<ul><li>September 2008: 100K registered users<\/li><li>December 2009: 4M registered users<\/li><li>September 2017: 33.9M registered users<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"5558\" data-permalink=\"https:\/\/azoora.com\/blog\/business\/5-amazing-b2b-saas-lead-generation-strategies-2020\/attachment\/dropbox-referral-campaign\/#main\" data-orig-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/dropbox-referral-campaign.png\" data-orig-size=\"\" data-comments-opened=\"1\" data-image-meta=\"[]\" data-image-title=\"dropbox-referral-campaign\" data-image-description=\"\" data-medium-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/dropbox-referral-campaign.png\" data-large-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/dropbox-referral-campaign.png\" src=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/dropbox-referral-campaign.png\" alt=\"\" class=\"wp-image-5558\"\/><\/figure>\n\n\n\n<p>Fortunately, you don\u2019t need your referral marketing campaign to go viral in order to generate leads.<\/p>\n\n\n\n<p>During its launch phase,\u00a0Leadfeeder\u00a0used referral marketing to accelerate growth and acquire new users for their MVP (minimum viable product). After referring new customers to their free trial, they rewarded users with premium feature unlocks and more time to enjoy their trial.<\/p>\n\n\n\n<p>This is partly responsible for their 6-month rise from $0-150K in monthly recurring revenue (MRR)\u00a0without a sales team.<\/p>\n\n\n\n<p>If you\u2019re an up-and-coming SaaS company, don\u2019t underestimate the value of building your referral-friendly free trials.<\/p>\n\n\n\n<h2>02. Get chatbots to generate leads for you<\/h2>\n\n\n\n<p>At the helm of a two-person SaaS startup, Pardeep Kullar and Joe d&#8217;Elia were struggling to juggle sales, marketing, and customer support for Anymail finder, an\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/anymailfinder.com\/\" target=\"_blank\">email verification SaaS<\/a>.<\/p>\n\n\n\n<p>With a high-volume of repeated questions and support queries, they were spending too much time playing the support role instead of generating leads.<\/p>\n\n\n\n<p>To make up for their limited support team, the founders eventually turned to an AI chatbot provided by&nbsp;<a href=\"https:\/\/www.intercom.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Intercom<\/a>. According to cofounder Pardeep, the chatbot streamlined the entire customer support and sales process with pre-written resolutions to common questions.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"5557\" data-permalink=\"https:\/\/azoora.com\/blog\/business\/5-amazing-b2b-saas-lead-generation-strategies-2020\/attachment\/intercom-ai-chatbot\/#main\" data-orig-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/intercom-ai-chatbot.png\" data-orig-size=\"\" data-comments-opened=\"1\" data-image-meta=\"[]\" data-image-title=\"intercom-ai-chatbot\" data-image-description=\"\" data-medium-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/intercom-ai-chatbot.png\" data-large-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/intercom-ai-chatbot.png\" src=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/intercom-ai-chatbot.png\" alt=\"\" class=\"wp-image-5557\"\/><\/figure>\n\n\n\n<p>This reduced their average response time, generated more leads, and resulted in\u00a060 percent more revenue\u00a0with 9 out of 10 high-value leads using the chat system before buying.<\/p>\n\n\n\n<p>Livechat software is often used to replicate the in-store customer experience online. The problem is, if you\u2019re a startup or a small team like Anymail finder, you lack the bandwidth to deal with multiple complex requests at the same time.<\/p>\n\n\n\n<p>This can damage\u00a0customer experience\u00a0and eventually cause revenues to plunge.<\/p>\n\n\n\n<p>That\u2019s why SaaS companies from startups to industry leaders like Salesforce, Drift, and Segment are using AI-powered chatbots to score, support, and generate leads.<\/p>\n\n\n\n<h2>03. Hack SaaS review sites to expand your reach<\/h2>\n\n\n\n<p>Did you know that buyers are more likely to engage with vendors early in\u00a0the buyer journey?<\/p>\n\n\n\n<p>While in the research phase,\u00a071 percent admit to\u00a0accepting a contact request with a potential vendor.<\/p>\n\n\n\n<p>And when you consider that\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/learn.g2.com\/consumer-reviews\" target=\"_blank\">92 percent of B2B buyers<\/a>\u00a0also use online reviews to inform a purchase, the power of a presence on review sites is not to be ignored. It means you can show your product to buyers right when they\u2019re searching for a solution that you provide.<\/p>\n\n\n\n<p>Establishing a presence on review sites can be a longwinded process. To speed it up, follow the 3 hacks Cloudapp used to go from\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.getcloudapp.com\/blog\/how-we-hacked-our-way-onto-the-top-100-g2-crowd-software-list-in-only-4-months\" target=\"_blank\">zero to 275 reviews<\/a>\u00a0within 6 months and feature in G2\u2019s top 100 software companies list.<\/p>\n\n\n\n<p>Begin by reaching out to those who:<\/p>\n\n\n\n<ul><li>Are active users of your product (they spend a lot of time or money).\u00a0<\/li><li>Give you an NPS score of 8 or higher.<\/li><li>Review you on Google or other sites (including your own).<\/li><\/ul>\n\n\n\n<h2>04. Develop high-value relationships with social selling<\/h2>\n\n\n\n<p>According to research from LinkedIn, 78 percent of social sellers&nbsp;<a href=\"https:\/\/business.linkedin.com\/sales-solutions\/social-selling\/what-is-social-selling\" target=\"_blank\" rel=\"noreferrer noopener\">outsell their peers<\/a>. They\u2019re also far more likely to find sales opportunities and hit quota. But, what exactly is social selling for B2B SaaS companies?&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"5556\" data-permalink=\"https:\/\/azoora.com\/blog\/business\/5-amazing-b2b-saas-lead-generation-strategies-2020\/attachment\/b2b-buyer-journey\/#main\" data-orig-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/b2b-buyer-journey.jpg\" data-orig-size=\"\" data-comments-opened=\"1\" data-image-meta=\"[]\" data-image-title=\"b2b-buyer-journey\" data-image-description=\"\" data-medium-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/b2b-buyer-journey.jpg\" data-large-file=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/b2b-buyer-journey.jpg\" src=\"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/b2b-buyer-journey.jpg\" alt=\"\" class=\"wp-image-5556\"\/><\/figure>\n\n\n\n<p>Social selling is like a \u201clite\u201d version of account-based marketing. You\u2019re still:&nbsp;<\/p>\n\n\n\n<ul><li>Researching and\u00a0reaching out to leads.<\/li><li>Developing connections with multiple decision-makers.<\/li><li>And prioritizing long-term, profitable relationships over short-term sales.<\/li><\/ul>\n\n\n\n<p>The difference, however, is that social selling occurs on a smaller scale through the medium of a social media platform.&nbsp;<\/p>\n\n\n\n<p>Metadata, for e.g.,\u00a0used social selling\u00a0in lieu of an expensive account-based lead generation campaign. Director of growth, Logan Neveau, set up custom feeds to track web visits from high-value social media accounts.<\/p>\n\n\n\n<p>After qualifying the account against an ideal client profile (ICP),&nbsp; the lead was then \u201copened\u201d to the entire team; team members who then shared any connections with the account could initiate a conversation.&nbsp;<\/p>\n\n\n\n<p>To generate more leads from<strong>\u00a0social selling<\/strong>:<\/p>\n\n\n\n<ul><li>Pose quick round-up or opinion questions. This type of content is more likely to go \u201cviral\u201d and get shared by industry leaders.<\/li><li>Congratulate your lead\u2019s milestones and accomplishments.<\/li><li>Take time to add thought-provoking comments on their content.<\/li><li>Review your&nbsp;<a href=\"https:\/\/business.linkedin.com\/sales-solutions\/social-selling\/the-social-selling-index-ssi\" target=\"_blank\" rel=\"noreferrer noopener\">social selling score index<\/a>&nbsp;(SSI).<\/li><\/ul>\n\n\n\n<h2>05. Create content that carries your company\u2019s DNA<\/h2>\n\n\n\n<p>Content marketing is an\u00a0effective lead generation strategy\u00a0for B2B SaaS companies.<\/p>\n\n\n\n<p>It helped shape HubSpot into the&nbsp;<a href=\"https:\/\/growthhackers.com\/growth-studies\/hubspot\" target=\"_blank\" rel=\"noreferrer noopener\">multi-million dollar<\/a>&nbsp;brand it is today.&nbsp;<\/p>\n\n\n\n<p>It increased Ridester\u2019s\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/junto.digital\/blog\/content-marketing-case-study\/\" target=\"_blank\">organic traffic by 487<\/a>\u00a0percent.<\/p>\n\n\n\n<p>Content marketing even rescued Groove from the clutches of startup death and guided it into a $5 million dollar company.<\/p>\n\n\n\n<p>But as Alex Turnbull, Groove\u2019s founder,\u00a0learned the hard way, content marketing has evolved.<\/p>\n\n\n\n<p>\u201cStandard\u201d content (even if it is long-form) fails to cut the mustard because the web is saturated with rehashed 1000-word how-to&#8217;s. Writing another one won\u2019t attract users to your product.<\/p>\n\n\n\n<p>To generate B2B\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.smartbugmedia.com\/blog\/how-to-develop-a-content-marketing-plan-for-lead-gen\" target=\"_blank\">leads from your content<\/a>, follow the industry leaders: carve out unique content only your brand can create. <strong>For example<\/strong>:<\/p>\n\n\n\n<ul><li><a rel=\"noreferrer noopener\" href=\"https:\/\/databox.com\/\" target=\"_blank\">DataBox<\/a>\u00a0reaches out to and features 100+ expert quotes in their long-form content.<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.g2.com\/\" target=\"_blank\">G2<\/a>\u00a0reaches out to its massive network of experts and SaaS leaders to create industry-specific posts.<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.gong.io\/blog\/\" target=\"_blank\">Gong.io<\/a>\u00a0uses its library of data on sales revenue to create fresh, data-backed topics for sales leaders.<\/li><\/ul>\n\n\n\n<p>Find your unique content marketing angle, and double down on it.<\/p>\n\n\n\n<h2>SaaS lead generation doesn\u2019t have to be a struggle<\/h2>\n\n\n\n<p>The dazzle of a new product is no longer enough to catch attention and generate leads.<\/p>\n\n\n\n<p>As revealed in a \u201c<a rel=\"noreferrer noopener\" href=\"https:\/\/www.priceintelligently.com\/blog\/state-of-saas-subscription-economy-saastock\" target=\"_blank\"><em>SaaS economics<\/em><\/a>\u201d study by Price Intelligently, competition in B2B SaaS is rising. Compared to five years ago, where SaaS startups faced an average of 2.6 competitors, founders today face upwards of 9.7 competitors.<\/p>\n\n\n\n<p>Using the proven lead generation strategies above, SaaS companies can help their products stand out in front of an audience of savvy buyers who are spoiled for choice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Any founder will admit that for B2B SaaS companies,\u00a0lead generation in 2020\u00a0is fiercely competitive. Grabbing your slice of market share is now harder than ever. So what happened? In simple terms: Lower barriers to entry have invited more competitors to the table. In the MarTech field alone, the number of SaaS companies has\u00a0more than doubled\u00a0from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[3,77,175,14],"tags":[79,73,78,137],"jetpack_featured_media_url":"https:\/\/azoora.com\/blog\/wp-content\/uploads\/2020\/09\/b2b-saas-lead-generation-strategies-2020.jpg","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p7FQPL-1rB","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/posts\/5555"}],"collection":[{"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/comments?post=5555"}],"version-history":[{"count":1,"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/posts\/5555\/revisions"}],"predecessor-version":[{"id":5561,"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/posts\/5555\/revisions\/5561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/media\/5560"}],"wp:attachment":[{"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/media?parent=5555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/categories?post=5555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azoora.com\/blog\/wp-json\/wp\/v2\/tags?post=5555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}