When it comes to B2B marketing, especially in the technology market, I often notice some professionals confusing conversions with real business opportunities. This situation can generate inflated but ineffective reports.
Therefore, it is essential that marketing managers understand the difference and adjust their expectations and metrics so that investment in campaigns is truly effective.
What is a conversion?
Conversions represent interactions or actions taken by a user in response to a marketing stimulus, such as:
- Download rich content such ase-booksor guides;
- Filling out forms inlanding pages;
- Watch awebinaror video;
- Like or comment on a post on social media.
Although these actions demonstrate engagement, they do not necessarily indicate an intention to purchase. As marketing specialist Mark Ritson aptly highlights
“Marketing that generates activity but not qualified leads is just an exercise in vanity.”
Consider this case extracted from a form (anonymized data):
- Identifier:contact
- Name:valid
- Telephone:(11) 99999-9999
- Company name: abc tech
- Message:Hello, I would like to learn about the technology service. Can you get a schedule with the responsible parties?
- Acceptance of terms:["on"].
- Origin:organic search | google
This type of conversion is a good example of genuine interest, but many reports present less relevant interactions as if they were real opportunities.
What is a real opportunity?
A real opportunity goes beyond superficial interaction. It is the moment when aleadshows clear signs of interest in solving a problem that your solution can address. Some typical characteristics are
- Direct contact requesting more information about the product or service;
- Demonstration of alignment with the Ideal Customer Profile (ICP);
- Request to schedule a meeting with a clear purchase decision on the horizon.
I share the case taken from a form that shows aleadfurther down the funnel (anonymized data):
- Identifier:contact
- Name:valid
- Telephone:(31) 88888-888
- Company name:xyz consultancy
- Message:Hello, I work for a consulting firm and my client saw your success story with company X. I would like to know what solutions you implemented for this project.
- Acceptance of terms:["on"].
- Origin:organic search | google
Here, we have a real and contextual interest, indicating a more advanced stage in the purchase funnel.
Where do conversions mislead reporting?
Traditional reporting often masks true performance by presenting numbers like:
- Inflated download numbers of rich materials;
- Growth in page views and clicks;
- Leadsoriginating from paid campaigns or SEO, but without going deeper into the funnel.
A study by Demand Gen Report revealed that 95% ofleadsgenerated by B2B campaigns are not ready to buy, while only 5% are at the ideal moment to look for solutions.
This means that many of the conversions presented as successful in meetings may be from people who:
- They downloaded ae-bookbecause they find the topic interesting;
- They watched awebinarfor learning only;
- They interacted with a post out of pure curiosity, with no intention of purchasing.
How to identify real intent in the B2B Tech market?
To differentiate superficial conversions from real opportunities, consider the following indicators:
- Complete non-lead profile
- Name and contact information provided voluntarily;
- Well-defined company name.
- Proactive messaging with business context
- Source and origin journey
- Clear origin as organic search with transactional intentions;
- History of consistent and relevant interactions;
- B2B Market Decision Cycle
- Assess whether theleadis at the time of purchase is critical to separate the curious from the buyers.
How to improve the quality of reports?
1. Segment yourleads by funnel stage
- Top of the funnel: generic interest;
- Middle of the funnel: exploring options;
- Bottom of the funnel: ready to decide.
2. Adopt lead quality metrics such as:
- Meeting scheduling fee;
- Percentage ofLeadsMarketing Qualified Qualifiers (MQL);
- Conversion rate ofLeadsMarketing Qualifications forLeadsSales Qualifications (SQL)
3. Empower your sales team to differentiate between curious people and real buyers.
Therefore, differentiating conversion from real opportunity is what separates campaigns frominboundMarketing that creates campaign value but only produces pretty numbers in reports. The B2B Tech market, with its long decision cycles, requires marketing managers not only to attract but also to qualify accurately.
And you, how are you differentiating your metrics?