Did you know the difference between Lead Generation and Demand Generation?

The Hunter
8 replies

Replies

Davor Kolenc
Demand generation helps you attract your target audience, and lead generation enables you to convert qualified audience members into customers.
The Hunter
@davor_kolenc Rightly said. If demand generation is the awareness of the pain, then lead generation is the option to relieve the pain! And one must embrace retention strategies to translate the customers into loyal customers.
Srishty Chaudhary
Demand generation is the process that happens before lead generation. Once you create demand about your product/service, then you traget leads for your business.
The Hunter
@srishty_chaudhary True! Through demand generation, we focus on wide engagement, whereas in lead generation, we try to capture the right prospects.
pojasli
Demand generation refers to the comprehensive program of sales and marketing initiatives that aim to generate interest for your product or service, nurture high-fit prospects into customers and retain those customers for the long-term Dunkinrunsonyou
The Hunter
@pojaslisa Absolutely! Focusing on driving demand will position the business as the leading authority in the market that will produce high-quality leads.
Jessie
the concept of supply and demand... One generation creates a new demand and the next serves it by generating the supply part.