With lead generation becoming more complex – read: AI is stealing the show, becoming the main source of organic leadgen – ever more companies prefer to buy leads rather than generate them on their own. Not only does this lead acquisition strategy allow you to save on marketing, but it also guarantees you deal only with consumers who are interested in your product, without spending resources on those unlikely to convert into paying customers.
However, no two lead acquisition campaigns are equal, with the major difference being the depth and precision of lead analysis before and after you’ve bought the lead. To make lead acquisition cost-effective, you need to know which leads to buy at what price from whom, what these leads specifically want, how to deliver it to them, and strong protection from low-quality, irrelevant, and fraudulent leads that occasionally arrive at your doorstep.
Read also: How To Use Lead Scoring To Get Insights Into Your Leads
This is why you need Phonexa, a lead management ecosystem that can help you track and analyze leads in real time BEFORE you’ve bought them. Having the ability to screen leads on the fly thoroughly empowers you to select only the best consumers from the market, making lead acquisition so much more efficient, safe, and profitable.
Read on to unlock the lead acquisition power of Phonexa.
“Phonexa is end-to-end software built for performance marketing and affiliate marketing teams that are driving a high volume of consumer traffic. We help them track their affiliate marketing and performance marketing efforts in one place, allowing them to see their affiliate traffic alongside the different ways that their consumers are actually reaching out to them. This includes leads, calls, transactions, traffic from affiliates, and other inbound marketing sources.” – Talar Malakian, during the Wynter Games 19 virtual event series
Book a demo with Phonexa experts to learn how our platform can take your lead acquisition campaigns to the next level.
Let’s make it really simple here. By acquiring leads based on data, not guesswork, you’re skipping all tedious marketing routines that first generate a lead and then warm them up until they become sales-ready.
In high-ticket industries like finance, insurance, or real estate, finding leads and inspiring purchase interest takes a lot of effort. It may not even be cost-effective for companies with less marketing expertise and experience – a strong case for acquiring purchase-ready customers.
Read also: How Lead Analytics Improves Lead Generation and Lead Acquisition
Of course, establishing a strong framework that guarantees cost-effective lead acquisition is hundreds and thousands of times cheaper than building fully-fledged marketing campaigns from scratch.
So here’s how you’re going to use Phonexa for lead acquisition:
That’s it – you set up the system once, and it works for you around-the-clock without stops or loss in quality, handling as many leads and phone calls as you’re offered. And then you can use our comprehensive lead tracking dashboard, from general to granular insights, to improve your lead acquisition campaigns over time as you accumulate actionable data.
For large-scale lead acquisition, or if you’re managing large lead flows as an affiliate network, there’s only one chance to stay cost-effective: automation. The good news is that with Phonexa, you can automate your lead acquisition process and update it in real time as new data arrives.
So here’s how you can build a cost-effective lead acquisition flow with Phonexa:
Arguably the biggest challenge when buying leads is to identify what exactly you’d like to check without overcommitting to the screenings you don’t need while ensuring safe lead acquisition. Phonexa supports dozens of checks, so you might want to spend some time familiarizing yourself with them and the potential benefits they offer for specific types of lead acquisition campaigns.
Here are the main types of lead screenings with Phonexa:
| Email Verification | Email Validation & Hygiene | £0.003 per email |
| Email Scoring | £0.003 per email | |
| Basic Email Domain Validation | £0.0005 per ping | |
| IP Verification | IP Scoring | £0.0007 per ping |
| Phone Verification | Phone Line Analysis | £0.005 per ping |
| Basic Phone Number Validation | £0.0005 per ping | |
| Address Verification | Address Validation | £0.02 per ping |
| Geo By Phone | £0.0005 per ping | |
| Get Geo Info from User IP | £0.0005 per ping | |
| Compliance | DNPL Lookup API | £0.0005 per ping |
Naturally, different types of checks are more appropriate for specific campaigns. For example, if you’re a solar panel installer (or any other company providing on-site services), you might want to verify the lead’s physical address so your installation crew can get there. For batch lead acquisition, you might want only to check the validity of the email addresses you buy.
In addition to choosing the types of screenings, you also need to decide whether you want to complete them in real-time before the lead is bought (synchronous run) or post-purchase (asynchronous run).
Note: While checking leads post-purchase might seem counterintuitive, it actually makes sense under certain circumstances. For instance, if you’re buying leads in a competitive market where fast acquisition gives you an advantage, you might want to check them after the purchase.
Speaking of lead acquisition optimisation, you can also set up specific conditions to apply only specific checks to particular leads, including randomly checking a certain percentage of leads. For example, you can choose to check all high-value leads while only checking a smaller percentage of cheap or aged leads. This way, you can reduce operating costs while still staying on top of things.
Once you’ve set up lead acceptance conditions, which are usually multi-level, you also have to handle lead distribution, sending the right leads to the right sales or customer support representative, or to an external business, at the right time.
It’s worth mentioning that, among all variables, the connection time is inarguably the most important. Numerous studies have proven that the faster you connect to a lead, the higher the chance of converting them into a paying customer.
Read also: Everything You Need To Know About Lead Distribution Software
At the same time, quite surprisingly, only 0.9% of companies send a personalized email to a lead instantly after acquiring them, a huge competitive advantage for Phonexa clients who can set up automatic email follow-ups with E-Delivery.
When building your lead distribution flows, factor in the following:
If you’re an affiliate network, lead distribution mostly comes down to finding the right balance between the demand and supply – publishers submitting leads versus buyers looking for qualified leads – while ensuring win-win deals for both parties. With Phonexa’s in-depth insights into leads and phone calls, it’s easier to create a mutually beneficial market for publishers and advertisers so your pool of buyers and sellers keeps expanding, contributing to continuous business growth.
At its core, there are Phonexa’s two major customer management products: LMS Sync for leads and Call Logic for phone calls, both of which provide in-depth insight into acquired traffic.
Take a product tour to explore the full spectrum of lead acquisition opportunities with Phonexa.
For companies focused on web lead acquisition, LMS Sync is your main tool, though you can quickly switch to Call Logic and other products within the all-encompassing dashboard, which becomes your lead management environment within Phonexa.
Read also: 9 Advantages of Lead Management Software to Grow Your Business
The main purpose of LMS Sync is to provide insights into all inbound lead traffic, from a general-level view on the main dashboard to lead-level, publisher-level, or buyer-level views further into the tabs.
Then, whether through manual analytics or, say, predictive modelling software or even third-party software, you can understand which campaigns and partners work best for you and which might only be draining your budget. And then you can evolve, doubling down on the top performers.
Here’s what the LMS Sync dashboard looks like:
You can see metrics like daily total revenue, net earnings, purchased and sold leads, EPL, acceptance rate, and a few more, all providing a bird’s-eye view of your campaigns, including visualization for your convenience.
As you go deeper, you can access lead-level details that show metrics such as lead quality, indicating how many times the same lead was offered within a specific period: a day, week, or month.
In the Lead Processing Rules tab, you can set the checks you want to run on the offered lead before accepting it: email verification, phone number analysis, address verification, and any other screening that iClear supports.
Finally, in the Lead Info tab, you can find all the details for a specific lead, such as the acquisition method, the acquisition date, the product the lead is interested in, whether the lead has gone through your IVR, and more.
For businesses acquiring phone calls, Call Logic is the product you need to get all the insights. Call Logic works similarly to LMS Sync, except that it also collects call metrics such as the call timestamp, keywords, call outcome, and more. But then again, since LMS Sync and Call Logic work in sync within Phonexa, you’ll get all the details anyway.
Whenever you’d like to introduce changes to your lead acquisition flows, you can test them first at no cost with our predictive modeling software. Using predictive modeling software boils down to running lots of simulations of campaigns with different input data – such as when, where, and to whom you’re displaying your ads – to identify the most promising combinations.
The best thing is that simulations cost nothing, and you can run dozens and hundreds of them until you get what you are looking for. Then, if you want to reduce risks even further, you can A/B test the winning simulations to pick the best of the best and safely introduce them into your overarching lead acquisition strategy.
Whether you acquire leads or phone calls, generate them as a large-scale publisher, or manage lead flows as an affiliate network, Phonexa can help you do it much more efficiently by providing in-depth, timely insight into every consumer going through your sales funnel. From lead tracking to lead distribution to real-time analytics to fraud protection, you get it all under one roof without having to jump through hoops or juggle different tools and platforms.
With all essential marketing data consolidated into a comprehensive dashboard, you can always keep track of your lead acquisition campaigns while also digging deeper into details if needed. LMS Sync for leads, Call Logic for phone calls, and six more features ensure you can track every type of campaign, including email, SMS, text, and affiliate marketing.
Here are the two core products you get at a single price:
| LMS Sync | Lead tracking & distribution software |
| Call Logic | Call tracking & distribution software |
Here are the six extra features you get as a client with Phonexa:
Take a product tour to experience the synergy of core products and add-ons within the Phonexa platform.
More often than not, in performance marketing, lead generation refers to getting the consumer’s contact information for the first time: physical address, email address, ID, IP, phone number, and more specific details like their age, gender, the type of product they are interested in, and other relevant data.
On the other hand, lead acquisition is the process of purchasing a customer who has already shared their contact information with a lead generator – any third-party publisher – and who matches your target demographics and psychographics. In other words, lead acquisition is buying the consumer that you can contact and turn into a paying customer with your company.
Any lead acquisition strategy should be data-driven. You should analyze your lead acquisition campaigns at both a strategic level, based on past performance, and in real time, to ensure you only buy qualified leads likely to convert into customers. With Phonexa’s all-in-one performance marketing software suite, you can do everything mentioned at a low cost.
You can lower your lead acquisition cost by analyzing the leads you’re buying in real-time and only accepting those that you think are the likeliest to convert into customers. Also, by continuously analyzing your lead acquisition campaigns – such as which leads perform better than others – you can zero in on the most profitable traffic sources, publishers, and lead generators.
Disclaimer: The content of this article is provided for informational purposes only and shouldn’t be…
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