How To Create A Lead Magnet That Converts

by | Jul 25, 2022 | Business Building Musts, Marketing Strategies, Sales, Small Business Help

Today I’m taking you through how to create a lead magnet that converts.

Firstly, though – what is a lead magnet?

A lead magnet is what marketers (aka you – because remember if you are in business, then you are in the business of marketing!), use to create a compelling reason for a prospect to connect with your brand or business that can deliver them value.  Value enough that they are willing to exchange their name and email address for your valuable piece of content – the lead magnet.

The lead magnet should be a free piece of content, but something people would be willing to pay for – as in it has to be that GOOD!

A lead magnet is often a PDF downloadable document, but it doesn’t have to be a PDF document to download – there are LOTS of ways you can create a lead magnet.

In fact, I have a little sheet for you that’s got 69 of them – 69 Irresistible Lead Magnet Ideas and funnily enough, you don’t need to give your email address for it – just click the link and up it will come!

If you want to see the list of 69 Irresistible Lead Magnet Ideas go to https://socialmediaandmarketing.com.au/magnetideas

So, let’s go through the steps to creating a great lead magnet for your business.

1.Identify WHO your magnet is for.

This might seem obvious – but unfortunately, it’s not a given.  Some people come up with fabulous ideas for a lead magnet – but it’s not actually about their client – but more about themselves (or yourself!).

2. Identify the ONE problem you want to solve.

The important word here is ONE – you aren’t solving war and peace, just one problem.

What is the biggest issue, headache, or challenge your prospective buyer is looking for help to solve?  Remember before your prospect wants to purchase a solution, they want to know that you understand their problem.

To do this, make a list and answer:

  • What are their biggest problems?
  • What’s the NUMBER ONE problem or concern you can solve?

So now we have the WHO, and we have the ONE problem that we are going to solve.

3. Give your lead magnet a name.

Make it a compelling title!  If your title isn’t attractive to your WHO, then you could have the best lead magnet ever, but your prospects won’t notice it!  Sad, right?

You might need to brainstorm this bit.

Here’s some examples to help get your brain into gear!

  • The 7 Deadly Sins of Marketing and How to Avoid Them
  • 3 Incredibly Simple Ways to Make More Money
  • The ULTIMATE guide to smart property investment
  • The Number 1 Secret of Highly Productive People
  • 52 Can’t Fail Strategies for Finding Love
  • 108 Social Media Content Creation Ideas
  • How to Increase Your Subscription Rate by 273%

You will see a pattern – the magnet name gives the outcome to the reader – that’s part of the attraction!

108 Social Media Content Creation Ideas – you know you are going to get 108 of them.  The ULTIMATE guide to smart property investment – you (the subscriber) are downloading it knowing that this is the only guide they need.  You can see what I am getting at here.

So, my biggest hint is, DO NOT over promise and under deliver.  This piece of content might be FREE, but overpromising and underdelivering will have effects on your brand you will never know.

Over delivering is where we want to be.  Freebie piece of content that makes them think “geez Louise, if I get this for free, imagine what I would get when I pay for xxx”.

4. Choose your format

Earlier in this blog post I gave you a link to 69 lead magnet ideas – but I’ll link it again here for you: https://socialmediaandmarketing.com.au/magnetideas

(PS – you don’t need to leave your email address, the information is just there for you as soon as you click the link!).

5. Create the Lead Magnet

This is pretty straight forward – you pull the content of your lead magnet together!

6. Put it out into the world!

Once you have created your lead magnet (and triple checked it for grammar and typos!) you have your little gem to give to your audience.

So now you need to TELL EVERYONE that you have one.  That you have a lead magnet, for FREE, that will solve their biggest challenge!

There are too many bits and bobs, shortcuts and angles to talk about for Steps 5 and 6 in this blog, but I’d be happy to help if you need!

I have an offer of an hour strategy call to build your lead magnet, answer any queries or questions and to help you with the tech and marketing.  Just use this link to book https://bit.ly/leadmagnetwithjenn

The cost is only $99 for the hour – which my normal hourly rate is over double that, so it’s a deal just for you my amazing blog reader!

Lead magnets are the most successful way I have built my email list.

My best lead magnet has been my 108 Social Media Content Creation Ideas – you can download that by going to www.108social.com.au if you haven’t got it already.

Otherwise, other super successful lead magnets have been free webinars that I have hosted.

To hear a podcast on this subject go and listen to my Podcast episode 105

Otherwise, start thinking about what your lead magnet could be!

Go through the steps above, and check out the list of 69 suggestions.  That link again – https://socialmediaandmarketing.com.au/magnetideas

Let’s continue the chat in my Like Minded Business Owners Facebook group you can join on Facebook if you haven’t already.  In fact, if you have a lead magnet – put it in the group for people to download or take up your offer. Thursdays are #offerthursday – so you can share it on that day!

It’s another fantastic reason to come and join with this wonderful community!

CONTACT JENN:

If you are feeling stuck in what to create for your lead magnet, I can help you! Simply head to this link to book in for my special offer $99 strategy session to help you build your lead magnet!: https://bit.ly/leadmagnetwithjenn

And again, don’t forget to join my Like Minded Business Owners Facebook group. It’s such a great community of people who are so willing to help out others!

Or you can DM me on Instagram or send me an email jenn@jenndonovan.com.au

I wish to acknowledge the Traditional Custodians of the land, the Yorta Yorta People, on which I conduct my business today and pay my respects to their Elders past and present. I extend that respect to Aboriginal and Torres Strait Islander peoples reading this blog post today.

About the Author:

Jenn Donovan of Social Media & Marketing Australia.  Jenn’s a coach and mentor from rural NSW and is all about empowering business owners to earn what they’re worth so they can make a bigger difference in the world.  The Founder of Buy From a Bush Business, Co-Founder of Spend With Us – Buy From a Bush Business Marketplace and host of the very popular podcast Small Business Made Simple, Jenn is all about community and humans interacting with humans!  H2H Marketing – human to human marketing. Jenn talks the talk but importantly walks the walk! Jenn’s online community is over 320,000 with her famous Facebook Group currently at almost 365,000 members and still growing every day.  She’s the major of her own little online city!

Get in touch – www.socialmediaandmarketing.com.au

On Instagram – @jenndonovan_

On Facebook – Jenn Donovan

Or on LinkedIn as Jenn Donovan

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Brilliant – it’s on its way – thanks!

 

Brilliant – it’s on its way – thanks!

 

Brilliant – it’s on its way – thanks!

 

Brilliant – it’s on its way – thanks!

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