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Insights Lead Generation3 min read

How to Generate More B2B Leads Without Wasting Money

Lead generation fails in most SMEs for an unglamorous reason: nobody owns it, so it happens when quoting is quiet.

A telephone and notebook on a dark desk

Before spending on lead generation, it is worth being certain you have a lead generation problem. If you are converting one quote in six, more enquiries will mostly produce more unanswered quotes.

Assuming the front end genuinely is the constraint, here is how to build volume that does not disappear the moment the business gets busy.

Start with a named list, not a persona

Look at your twenty best customers by margin and find the pattern: sector, size, geography, the problem they had when they first bought, who signed it off. Then build a list of every business that fits — with company names, contact names and numbers.

A list of 150 named businesses you could genuinely serve is worth more than any amount of audience definition, because it can be worked on Monday morning.

Do the activity arithmetic

Work backwards from the target. Eight new orders a quarter at a 25% win rate needs 32 quotes. If one in three qualified conversations produces a quote, that is around 100 conversations, or roughly eight a week.

Reactivate before you advertise

The warmest list in the business is customers who bought and stopped. They know you, the credibility work is done, and in most cases nothing went wrong — they simply stopped being contacted.

  • Lapsed customers from the last twenty-four months.
  • Customers buying one part of the range who could buy more.
  • Quotes from the last twelve months that were never formally lost.

Work those three lists first. The return per hour is higher than any cold channel and there is no acquisition cost at all.

Pick two channels and do them properly

Most SMEs run five channels at 20% effort and conclude that none of them work. Two channels run consistently for six months will tell you far more.

What tends to work in B2B

  • Telephone into a researched named list — still the fastest route to a qualified conversation in industrial and technical sectors.
  • LinkedIn used for research and relevance rather than volume messaging.
  • Search — people looking for what you do right now, which is why intent-led pages matter.
  • Trade events and sector bodies, provided the follow-up is planned before you go.
  • Referrals and partner channels, which almost nobody asks for systematically.

Lead with the problem, not the company

Outreach that opens with who you are and how long you have been established asks the reader to do the translation. Outreach that opens with a specific, recognisable problem in their world earns the next thirty seconds.

The opening line should sound like it was written for one business, because it should have been.

Measure activity weekly, outcomes monthly

Activity is the only part of the process the team controls, so it is the part to manage week to week. Conversations held, opportunities created, quotes issued. Orders are a monthly conversation, and they are a lagging indicator of what was done six to twelve weeks earlier.

Do this consistently for a quarter and lead generation stops being a campaign that happens when things are quiet, and becomes a rhythm the business runs on.

Need a stronger pipeline?

Business development, prospecting and reactivation that puts real opportunities in front of you.

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Tom EvansEvans Sales Consultancy

Evidence

See this work in practice

More opportunities. Better conversion. Stronger sales. More revenue.

If your business could sell more than it currently does, the fastest way to find out why is to look at the numbers together.