You see lots of them out there - Businesses offering a freebie, lead
magnet or ethical bribe.
They’re a great way to help your audience.
It's also a great way for you to build your relationship which your
ideal client.
Your irresistible freebie can be the first real experience your
potential clients will have of you and your work so you want it to be good.
But what if:
- You don't know how to decide what to include in your irresistible lead
magnet
How much do you give away for Free?
How much is too much or too little to put into your irresistible
freebie?
Knowing what to include can be tricky.
Deciding how much to give away for free can leave many business
owners pondering what’s right and enough.
So let’s chat about what your audience looks for in an irresistible lead
magnet so you can create one that has the right amount of content and the right
content so you’re not giving away the farm, so to speak.
What is a lead magnet?
Alead magnet can also be called a list buider, ethical bribe or a freebie or maybe you've heard it called something else.
Whatever you decide to call yours, it offers your audience great content that helps them to solve a problem.
How does your audience get their hands on it?
They sign-up for it by giving you their email address in exchange for it.
Here's an example of what a sign-up page can look like.
You then send it to their inbox and you send follow-up emails with lots of useful and helpful content for them. After a while, you can then offer them your products or services.
Some may buy, some won't but you can still appear in their inbox being useful and helpful until they're ready.
Some may unsubscribe and that's okay too.
Why do you need a lead magnet?
There's plenty of social media platforms out there, so why bother offering a lead magnet?
Well, you don't own the friends, likes, followers, connections or subscribers on any of the social media you're on.
The platforms own them and any platform could go away at any time. Change their rules and you're always going to be beholden to their algorithms which change constantly.
Which is why a lead magnet, to build and grow YOUR emai list is an important part of your business.
I'd say it's an asset.
There are other really good reasons to have one:
They're great relationship builders - helping you build the all-important know, like and trust factor
It keeps a flow of potential clients coming to you - think of your business as a leaky bucket, as clients move on you need to replace them.
A useful and helpful lead magnet:
- Increases
your authority in your area of expertise
- Increases
your engagement with someone who has a problem you can solve
- Increases
your conversion rates.
Why is
creating and offering an irresistible lead magnet a good idea for you AND your
audience?
Fab for you
Lead magnets are a great thing to offer for you and your business,
because:
They help you create a fab email list that not only helps you to build
that all important know, like and trust with those who have signed up; in time
you can make your offers to those on your list and create your steady flow of
leads and clients.
Fab for your audience
Lead magnets help your audience to:
- Learn something valuable
- Save time
- Feel better about a problem they have
- Open their eyes to what’s possible for them
- Take action
- Know, like and trust you
The power of an irresistible lead magnet.
Signing up for your free content is their 'getting
to know you' time.
This could be the first time they’ve been introduced to you, and they
will form their first impression of you, and decide whether you are someone
that they want to hear more from, and maybe buy from, or work with, at some
point in the future.
So you want to make sure that their first impression is a good one!
A general rule of thumb is that you provide something that tells your
prospects WHY they need to be doing something, and WHAT it is they need to do,
but without telling them or giving them the HOW to do it.
Yes this makes sense but it’s not a rule you should completely stick to
it in every case as you don’t want to give away everything that you know for
free, but you do want to make a good first impression don’t you?
That's the rub.
Give Them What Is
Real Value To Them
What I believe is great content is when you give them something that is
of real value to them, something that is actionable content and
impresses them and makes them want to hear more from you. (And ultimately helping
them decide if you’re the right fit for them in the future, or not).
And this is where how well you know and understand your audience
comes in.
What Do They Want
Help With Right Now?
Time to ask yourself, what are they looking for help with, what do they
need to know, what would be useful and interesting to them, what are they
searching for answers to?
Do research if you need to.
Spend time finding out what their biggest
worries/challenges/fears/doubts/ blocks are and help them to address that in
your irresistible freebie and in the emails you send them to follow up with
afterwards.
Questions To Ask
Yourself When Creating Your Irresistible Lead Magnet
Thinking about your irresistible freebie then
- What are the 3 questions your audience asks you the most?
- What are your audience’s pain points?
- What format would they love your lead magnet to be in?
Create a freebie that answers each of the questions you get asked the
most. Be sure to address their pain point.40 Fab Freebie Ideas.
40 Fab Freebie Ideas
Need ideas on a format you can offer or deliver your irresistible lead
magnet in?
I've listed 40 ideas for you below:
- Access to all your previous fab freebies
- Audio
- Audio book
- Calendar
- Catalogue
- Challenge
- Cheat Sheet
- Checklist
- Desktop wallpaper
- Discounted coupon
- Early bird discount
- eBook
- Email course
- Event tickets
- Facebook group
- Free consultation
- Free quote
- Free trial
- Giveaway
- Guide
- Infographic
- Inspiration file or Ebook
- List of Upcoming events
- Newsletter
- Plan/Planner
- Printable
- Quiz
- Recipes
- Report
- Resource List
- Spreadsheet
- Survey
- Swipe file
- Template
- Toolkit
- Tutorial
- Video
- Waiting list
- Webinar
- Worksheet/Workbook
And if irresistible lead magnets sound like something your business could benefit from, check out my Beginners guide to creating irresistible lead magnets
https://traceytait.com/beginners-guide-to-lead-magnets/