How to Generate Leads for FREE with Social Media

Generate leads for free with social media

The thing about buying leads is that there’s no loyalty. But what if you could generate loyal leads FOR FREE with social media?

I’ve been a business owner since 2006, and it’s worth mentioning that I only started using social media in 2016. I did it using video and I’ve got over a hundred videos online with over 150,000 video views.

As a result, social media has enabled me to become a best-selling author, a podcast host and a business coach and mentor to other financial professionals.

The beauty of social media is that I’ve done that with almost zero spend to build that following.

Social media has generated me more than half a million pounds in sales since 2016, all from investing a little bit of time into it. So…. you do the maths.

How to Use Social Media to Generate Leads for Free

We spend a lot of our time scrolling. A recent study has revealed that 55.1% of the world’s population is actively using social media.

So you need to be thinking about how you can utilise social media to get some sort of monetary gain.

Because… it is there as a free marketing platform that you can benefit from. 

Long gone are the days where you had to go and get a shop on the high street and put out huge expenses in marketing.

Many business owners fear social media because it’s a revolutionary method of lead generation and they don’t know how to fully optimise it. But it’s not that hard when you know what you are doing.

Which Social Media Platforms?

Trick question. All of them. You need to be on all social media platforms. However, that doesn’t mean that you have to use all of them.

You need to be on these platforms to safeguard your name and your business’s name.

Pick one or two to start building that online presence and start sharing your message and getting it out into the world.

Build a Personal Brand 

People buy people.

Particularly when it comes to finance, people are often tentative about making decisions. By building a personal brand you can become the number one person people go to when they need financial advice.

You become the person that people want to deal with because you start to build trust and credibility. So having a personal brand is the best way to attract your ideal client. 

Your ideal client becomes a higher spending client because they are willing to take your advice. They trust you…

….and we all want to deal with people that we know, like and trust.

Become a Content Machine

Ok, that sounds time-consuming, right?

But even 30 to 60 minutes per day is going to change your life and your business

Each person spends an average of 2 hours and 25 minutes on social networks and messaging. So be there for it.

Learn how to merge social media into your life. You can do that by spending 30 minutes a day on producing content.

It’s better to do one post a week than one post a month. It’s better to commit to a minimum standard of performance by doing one post every other day and be consistent at it.

Niche Your Marketing Message

Imagine within the social media world that you’re talking to one person.

So, by talking about whatever your chosen niche is, that’s going to start to attract those types of people.

You become the influencer and the expert.

What that’s going to enable you to do is grow your reach, the number of people who see your posts.

Niching your message will tell you where you should focus your efforts. 

For example, 71% of Pinterest users are female. 34% earn between $50,000 and $74,999 per year. If your target audience is females with an above-average salary, Pinterest is where you should really be pushing out most of your content.

To Generate Leads for Free, Encourage Engagement 

Encourage comments, shares and likes. Seems like a no brainer, but it will make you more visible on social media. 

If you make something inspirational, motivational or educational, then it could get shared, organically growing your following.

And this is the secret to getting qualified leads for free with social media.

First, encourage comments, next encourage shares and then ask for the sale.

Create a Lead Magnet

A lead magnet is a free item or service that enables you to gather contact details for those that sign up for it.

A lead magnet could be something on your website that someone can download. Something that is going to solve a problem for them, or ask a question for them. 

From there, you can put them into a sequence of emails, putting them onto YOUR database. That’s going to keep the relationship going for the long term and grow your business.

Need more ideas?

Download the 30 Leads in 30 days formula here.

Click here if you’d like to listen to me discuss this topic in further detail. 

Remember, now is the time to become PRO!

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