How to Create Lead Magnets That Grow Your List

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April 12, 2022
by
Wes McDowell
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How to Create Lead Magnets That Grow Your List

TL;DR

Effective lead magnets promise a specific, useful result that an ideal client wants and can understand immediately. Match the content format to the task, use plain language, deliver exactly what the offer promises, and solve a small version of the underlying problem so subscribers experience a tangible win and want further help.

Transcript

a good lead magnet supposed to attract your most ideal clients to it like well like a magnet but what if your lead magnet just doesn't stick it happens more than you'd think rather than trying to force it it's probably a better idea to fix it instead so in this video i'm gonna nicely rip apart six lead magnets that aren't really capturing people as... Read More

Key Insights

  • A lead magnet is a valuable piece of free content exchanged for a person's email address. Its purpose is not merely to distribute information, but to attract suitable prospects, begin an automated follow-up process, and create opportunities to build trust through helpful emails.
  • Specific outcomes are more compelling than broad collections of information. A general ebook about at-home exercises competes with abundant free material, while an offer about setting up an at-home gym for under $100 gives the reader a concrete and easily understood end goal.
  • The delivery format should match the activity being taught. Physical movements are difficult to communicate effectively through a written ebook, so workout demonstrations are better suited to video instruction delivered as a five-day, 10-day, or 30-day challenge.
  • Case studies are stronger when they focus on the reader's potential benefit. Instead of inviting prospects to examine how a business completed a project, the title should emphasize the client's result and explain that readers can understand how to replicate the relevant approach.
  • Plain language is more persuasive than complicated professional wording. Even specialized audiences need to understand an offer quickly, so a long title about changing marketing organizations should be reframed around a concrete concern, such as future-proofing a chief marketing officer's career.
  • A lead magnet's description must match its headline promise. A four-day relationship challenge creates an expectation of guided action, but describing it as a course preview weakens that promise because learning what improvement requires is different from actually completing steps toward improvement.
  • A useful challenge provides assignments that build toward the promised result. Four daily relationship assignments can support the claim that participants will begin rebuilding their connection, provided the emails deliver those assignments and the business follows through on the stated outcome.
  • A hiring guide addresses the selection of a provider rather than the underlying client problem. A financial advisor can create greater value by offering a checklist, short video series, or starter kit that helps prospects achieve a small financial win and experience the advisor's capabilities.

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Questions & Answers

Q: What is a lead magnet and how does it build an email list?

A lead magnet is a valuable piece of free content that a business gives someone in exchange for an email address. Delivery is usually automated. After the subscriber receives it, the business can send additional helpful emails over the following days and weeks, building trust and establishing itself as a provider the subscriber may want to hire.

Q: How can a lead magnet attract ideal clients?

A lead magnet attracts ideal clients by addressing a problem, desired result, fear, or pain point that matters specifically to them. The offer should communicate an identifiable benefit rather than provide broad information available elsewhere. Giving prospects a useful, tangible win also demonstrates what the business can do and encourages them to seek more help from that provider.

Q: Why do general lead magnets struggle to earn email opt-ins?

General lead magnets often struggle because prospects can find similar information freely on YouTube or many other sources. An at-home exercise ebook, for example, does not explain what meaningful result the reader will achieve. A more specific promise, such as setting up an at-home gym for under $100, gives people a clearer reason to provide their email address.

Q: How should the format of a lead magnet match its subject?

The format should make the information easy to understand and apply. A physical exercise that requires correct movement is better demonstrated through video than described in a PDF or ebook. It can also become a timed challenge, with a daily workout plan or instructional video that progressively guides the subscriber toward the result promised at the beginning.

Q: How can a business improve a case study lead magnet?

A business can improve a case study by presenting it around the reader's interests instead of the company's process. The title should identify the result achieved by the featured client and show that the reader will discover a replicable approach. This may require only new positioning and a stronger title rather than a complete rewrite of the case study itself.

Q: Why should lead magnet titles use plain language?

Lead magnet titles should use plain language because readers need to understand the offer and its relevance quickly. Long, complicated wording can obscure the benefit, even when the audience consists of specialists. A clearer title can focus on a concrete outcome or concern, such as the skills needed to become tomorrow's chief marketing officer and remain employable.

Q: How do you make a timed challenge lead magnet credible?

A timed challenge becomes credible when its description and content deliver the action promised by its title. A four-day relationship challenge should not be presented merely as a preview of a larger course. It should provide four daily assignments that build on one another and genuinely move participants toward rebuilding their relationship or becoming more connected.

Q: What should a service business offer instead of a hiring guide?

A service business should offer a small solution to the underlying problem that causes someone to need the service. A financial advisor, for example, could provide a checklist, a three-day video series, or a starter kit that helps prospects organize a portion of their finances. That quick win demonstrates capability and encourages prospects to ask what further help is available.

Summary & Key Takeaways

  • A lead magnet is valuable free content offered in exchange for an email address. Its business purpose is to attract ideal clients, build an email list, and create a runway of potential customers. Helpful follow-up emails then build trust and position the business as a desirable provider for future paid work.

  • Weak lead magnets are often too general, focused on the business, excessively wordy, or disconnected from the audience's real problem. Stronger offers emphasize an identifiable outcome, a pressing concern, or a quick win. Their titles and descriptions clearly communicate what subscribers will achieve rather than merely what they will receive or study.

  • The delivery format should support the promised transformation. Physical exercises are better demonstrated through video than a written ebook, while timed challenges can guide subscribers through progressive actions. Case studies should highlight replicable results, and service businesses should solve a small client problem instead of publishing guides about how to hire someone like them.


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