Before generating leads, define what your business considers a good opportunity.
Without qualification criteria, marketing may optimise for the cheapest form submissions rather than the prospects most likely to become customers.
A qualified lead could be defined by factors such as:
⮞ Industry
⮞ Company size
⮞ Location
⮞ Budget
⮞ Service required
⮞ Decision-making authority
⮞ Project timeframe
⮞ Current problem
⮞ Buying intent
⮞ Existing systems
⮞ Revenue level
For example, a SaaS development company may receive an enquiry from someone who wants to build a complex platform for $500.
Technically, that is a lead.
Commercially, it may not be a qualified opportunity.
Create an Ideal Customer Profile
Document:
Who they are:
Business type, role, location, company size.
What they need:
The problem your service solves.
What makes them a good fit:
Budget, urgency, requirements, and buying authority.
What makes them unsuitable:
Wrong geography, unrealistic budget, unrelated service, or no clear business need.
This gives marketing and sales a shared definition of lead quality.