Lead Nurturing Statistics for 2023 (Improve Sales)
- Key Picks on Lead Nurturing Statistics
- Lead Nurturing General Statistics
- 1. The % of a Business's New Leads That Never Become Qualified Sales is 80%.
- 2. According to 65% of Organizations, the Top Marketing Difficulty is Generating Visitors and Leads.
- 3. More Than Four Times as Many Leads are Generated for Businesses that Blog More Than 11 Times Per Month Compared to Companies that Blog 4-5 Times Monthly.
- 4. 96% of Visitors to Your Website Need to Prepare to Make a Purchase.
- 5. 74% of Firms Believe Converting Leads Into Customers is Their Top Goal.
- 6. Beyond the Initial Transaction, Just 29% of Firms Continue to Support Their Loyal Customers.
- 7. Inbound Leads Cost Less Than Outbound Leads by 39%.
- Statistics on Lead Generation for Businesses
- 8. According to 93% of B2B Businesses, Content Marketing Produces More Leads than Conventional Marketing Tactics.
- 9. Online Searches are the Beginning of 93% of B2B Purchasing Processes.
- 10. Landing Pages will be Used by 68% of B2B Businesses to Nurture Fresh Sales Leads for Potential Conversion.
- 11. Businesses Report That 49% of Their Prospects Need Long Cycle" Nurturing from Numerous Influencers.
- 12. According to 51% of Email Marketers, Email List Segmentation is the Best Method for Individualized Lead Nurturing.
- 13. 34.1% of Companies Employ no Attribution Methodology to Assess Their Marketing Effectiveness.
- 14. 35% of B2B Marketers Have Established a Lead Nurturing Plan.
- 15. When First Produced, 27% of B2B Leads are Prepared for Sales.
- 16. Before Sending a Lead to the Sales Department, 56% of B2B Organizations Validate the Lead.
- 17. 53% of Marketers Claim Lead Nurturing Takes up Half or More of Their Budget.
- Lead Nurturing Stats for Customers
- 18. Increasing the Engagement Rate is the Top Priority for 54% of Email Marketers.
- 19. They have Increased Conversion Rates by 73% by Providing Users with Content Pertinent to Where They are in the Sales Funnel.
- 20. One of the Most Significant Difficulties with Lead Nurturing Methods, According to 59% of Marketers, is Providing Content.
- 21. Lead Nurturing Emails Earn 4-10X More Responses Than Single Email Blasts.
- 22. 63% of Customers Requesting Information About Your Business Won't Purchase for at Least Three Months.
- 23. 45% of Marketers Need to be Made Aware of the Contribution that Mobile Marketing Makes to Lead Generation.
- 24. From 2016 to 2017, There Were 65% More Real Estate Leads, Yet 10% Fewer Conversions.
- Different Conversion Rates of Lead Generation Tactics
- 25. According to a Research Firm, Barilliance, Email Marketing,and Power of Digital Marketing (PDM), Average Conversion Rates are 15% and 5%.
- 26. Additionally, Different Industries have Different Lead-to-customer Conversion Rates.
- 27. Leads Typically Convert to Consumers at a Rate of 4%.
- 28. Lead Generation is How 40% of Marketers Gauge the Effectiveness of Their Content Marketing Approach.
- 29. Business Leads are Only Verified by 56% of B2B Organizations Before Being Given to the Sales Staff.
- 30. With 3.5 Billion Daily Searches, Google is an Excellent Location for Any Advertising Campaign, Especially Lead Generation.
- 31. Connecting with a Prospect Takes 18 Calls, and Marketers Need Help.
- Lead Nurturing and Automation
- 32. 79% of the Most Prosperous Businesses Have Used Marketing Automation for Two Years.
- 33. According to 74% of Marketers, Time Savings is Automation's Most Significant Advantage.
- 34. Only 5% of Marketers Employ Fully Functional Marketing Automation Technology for Lead Nurturing.
- 35. According to 91% of Users, Marketing Automation is Essential" for Cross-channel Marketing Success.
- 36. 80% of Marketers Who Use Automation Software Succeed in Increasing Lead Generation.
- 37. The Produced Revenue and Conversion Rate is Cited by 58% of Best-in-class Marketing Automation Users as the Most Valuable KPIs for Gauging Performance.
- 38. Marketing Automation Increases Qualified Leads by 451% for Businesses With Prospects.
- 2 Best Methods for Generating Leads
- Conclusion
- FAQs
- References
- Key Picks on Lead Nurturing Statistics
- Lead Nurturing General Statistics
- 1. The % of a Business's New Leads That Never Become Qualified Sales is 80%.
- 2. According to 65% of Organizations, the Top Marketing Difficulty is Generating Visitors and Leads.
- 3. More Than Four Times as Many Leads are Generated for Businesses that Blog More Than 11 Times Per Month Compared to Companies that Blog 4-5 Times Monthly.
- 4. 96% of Visitors to Your Website Need to Prepare to Make a Purchase.
- 5. 74% of Firms Believe Converting Leads Into Customers is Their Top Goal.
- 6. Beyond the Initial Transaction, Just 29% of Firms Continue to Support Their Loyal Customers.
- 7. Inbound Leads Cost Less Than Outbound Leads by 39%.
- Statistics on Lead Generation for Businesses
- 8. According to 93% of B2B Businesses, Content Marketing Produces More Leads than Conventional Marketing Tactics.
- 9. Online Searches are the Beginning of 93% of B2B Purchasing Processes.
- 10. Landing Pages will be Used by 68% of B2B Businesses to Nurture Fresh Sales Leads for Potential Conversion.
- 11. Businesses Report That 49% of Their Prospects Need Long Cycle" Nurturing from Numerous Influencers.
- 12. According to 51% of Email Marketers, Email List Segmentation is the Best Method for Individualized Lead Nurturing.
- 13. 34.1% of Companies Employ no Attribution Methodology to Assess Their Marketing Effectiveness.
- 14. 35% of B2B Marketers Have Established a Lead Nurturing Plan.
- 15. When First Produced, 27% of B2B Leads are Prepared for Sales.
- 16. Before Sending a Lead to the Sales Department, 56% of B2B Organizations Validate the Lead.
- 17. 53% of Marketers Claim Lead Nurturing Takes up Half or More of Their Budget.
- Lead Nurturing Stats for Customers
- 18. Increasing the Engagement Rate is the Top Priority for 54% of Email Marketers.
- 19. They have Increased Conversion Rates by 73% by Providing Users with Content Pertinent to Where They are in the Sales Funnel.
- 20. One of the Most Significant Difficulties with Lead Nurturing Methods, According to 59% of Marketers, is Providing Content.
- 21. Lead Nurturing Emails Earn 4-10X More Responses Than Single Email Blasts.
- 22. 63% of Customers Requesting Information About Your Business Won't Purchase for at Least Three Months.
- 23. 45% of Marketers Need to be Made Aware of the Contribution that Mobile Marketing Makes to Lead Generation.
- 24. From 2016 to 2017, There Were 65% More Real Estate Leads, Yet 10% Fewer Conversions.
- Different Conversion Rates of Lead Generation Tactics
- 25. According to a Research Firm, Barilliance, Email Marketing,and Power of Digital Marketing (PDM), Average Conversion Rates are 15% and 5%.
- 26. Additionally, Different Industries have Different Lead-to-customer Conversion Rates.
- 27. Leads Typically Convert to Consumers at a Rate of 4%.
- 28. Lead Generation is How 40% of Marketers Gauge the Effectiveness of Their Content Marketing Approach.
- 29. Business Leads are Only Verified by 56% of B2B Organizations Before Being Given to the Sales Staff.
- 30. With 3.5 Billion Daily Searches, Google is an Excellent Location for Any Advertising Campaign, Especially Lead Generation.
- 31. Connecting with a Prospect Takes 18 Calls, and Marketers Need Help.
- Lead Nurturing and Automation
- 32. 79% of the Most Prosperous Businesses Have Used Marketing Automation for Two Years.
- 33. According to 74% of Marketers, Time Savings is Automation's Most Significant Advantage.
- 34. Only 5% of Marketers Employ Fully Functional Marketing Automation Technology for Lead Nurturing.
- 35. According to 91% of Users, Marketing Automation is Essential" for Cross-channel Marketing Success.
- 36. 80% of Marketers Who Use Automation Software Succeed in Increasing Lead Generation.
- 37. The Produced Revenue and Conversion Rate is Cited by 58% of Best-in-class Marketing Automation Users as the Most Valuable KPIs for Gauging Performance.
- 38. Marketing Automation Increases Qualified Leads by 451% for Businesses With Prospects.
- 2 Best Methods for Generating Leads
- Conclusion
- FAQs
- References
In a dynamic and highly-competitive business landscape like the one we have today, turning leads into loyal customers requires strategic implementation. Lead nurturing is critical in business marketing, attracting and convertingviewers and potential customers into leads. In other words, marketers can continuously educate, notify, and build a strong bond with the leads (customers). According to a study, firms that excel at lead nurturing produce 50% more sales-ready leads at 33% lower lead costs.
But how can one truly harness this skill? For a start, venture into the world of lead nurturing with the latest insights, facts, and figures.In this extensive exploration, we provide 35 jaw-dropping statistics emphasizing the need for lead nurturing and offering actionable insights to boost your business's sales.
Whether you're a newbie, business owner, or experienced marketer seeking to rally growth, these statistics will provide you with a solid foundation to convert leads into committed patrons. Read on for more information.
Key Picks on Lead Nurturing Statistics- Over eight out of ten new leads never convert into qualified sales.
- Only 4% of website visitors are ready to purchase.
- Unlike standalone email blasts, lead nurturing emails receive 10% more responses.
- 80% of businesses that are utilizing automation software can generate leads.
- Over 451% boost of qualified leads was experienced by companies using analysis and marketing automation.
Most companies are only concerned with lead creation. They want their items to be seen by more people but are unaware that not everyone would be interested in purchasing them. It takes more work than just presenting a potential lead with something to persuade them to convert.
2. According to 65% of Organizations, the Top Marketing Difficulty is Generating Visitors and Leads.Leading a full-fledged nurturing campaign can be challenging enough without worrying about acquiring new leads. Try paying more attention to on-page SEO and building a solid social media presence to improve traffic to your website. The good word about your website will spread quickly when you have a significant following.
3. More Than Four Times as Many Leads are Generated for Businesses that Blog More Than 11 Times Per Month Compared to Companies that Blog 4-5 Times Monthly.Blogging is a fantastic technique to increase the number of leads coming to your website. Find qualified article writers to handle this, and your traffic will rise.
4. 96% of Visitors to Your Website Need to Prepare to Make a Purchase.You must understand lead nurturing to convert these visitors into potential customers before they bounce.
5. 74% of Firms Believe Converting Leads Into Customers is Their Top Goal.The goal of nurturing is to move a customer from a lead to a real conversion. It would help if you courted them before your customers were prepared to buy. More and more businesses are starting to realize this.
6. Beyond the Initial Transaction, Just 29% of Firms Continue to Support Their Loyal Customers.Even if you successfully convert a consumer, your work is not done. That is unless you want to lose them. This lead-nurturing figure demonstrates the need for more firms to devote effort to retaining their current clientele. After all, they are typically an organization's primary source of consistent income.
7. Inbound Leads Cost Less Than Outbound Leads by 39%.The statistics on lead nurturing show that companies should focus more on inbound leads. But inbound leads stream in without the need for outreach, which often occurs via social media, spam calls, emails, and sms marketing, unlike outbound leads. You should put in more effort and money to generate more traffic.
Statistics on Lead Generation for Businesses8. According to 93% of B2B Businesses, Content Marketing Produces More Leads than Conventional Marketing Tactics.One of the finest methods for brands to interact with consumers is through content marketing, and active consumers always result in more conversions down the road. You can rely on more than just blogs, too. Consumers are interested in material like videos, social media like Instagram stories and posts, infographics, e-books, and white papers, just a few examples.
9. Online Searches are the Beginning of 93% of B2B Purchasing Processes.This B2B conversion figure demonstrates that having a solid online presence is essential for generating conversions. You must have a good Google ranking if you want people to see your website when they conduct a product search. But how exactly do you do that? We advise increasing your on-page SEO optimization spending.
10. Landing Pages will be Used by 68% of B2B Businesses to Nurture Fresh Sales Leads for Potential Conversion.Customers frequently learn about companies through their landing pages. Your company's landing page should make a solid first impression. Many B2B businesses know how crucial it is to develop a visually appealing landing page for a successful lead nurturing strategy.
11. Businesses Report That 49% of Their Prospects Need Long Cycle" Nurturing from Numerous Influencers.This stat is mainly for B2B companies, whose sales cycles are frequently longer. Lead nurturing can occasionally take a very long time. Use marketing strategies like email campaigns, which are appropriate for long cycles, to ensure that all the work pays off and culminates in a conversion.
12. According to 51% of Email Marketers, Email List Segmentation is the Best Method for Individualized Lead Nurturing.Email list segmentation is another lead-nurturing statistic that can be useful to companies. List segmentation could assist you in achieving personalization at a greater level. Personalization is a crucial component of nurturing leads. Dividing up your contacts into smaller groups according to their preferences, frequency of opt-ins, location, past purchases, or website activity.
13. 34.1% of Companies Employ no Attribution Methodology to Assess Their Marketing Effectiveness.If you can't link user behavior to where they are in the sales funnel, how can you even design a lead nurturing strategy? Planning your next move requires evaluating your performance and understanding how customers engage with your brand.
14. 35% of B2B Marketers Have Established a Lead Nurturing Plan.This is a meager amount. B2B companies can benefit most from lead nurturing because their sales cycles are longer, and their clients value the chance to form long-lasting relationships with them.
15. When First Produced, 27% of B2B Leads are Prepared for Sales.This indicates that you must nurture more than two-thirds of your leads. You can accomplish this through calling, texting, emailing, or in-person interactions.By making a personal investment and using thoughtful techniques, you can entice customers and give them the impression that they are making a wise choice.The majority of them will respond favorably to cajoling if you do it skillfully. It would help if you determined what each client must do to cross the finish line and make a purchase for that to work.
16. Before Sending a Lead to the Sales Department, 56% of B2B Organizations Validate the Lead.Business owners need to authenticate leads related to B2B lead generation, as this helps evaluate the success of entrepreneurs effectively. It would help if you first defined what a good lead looks like for your business. For example, non-sales leads can involve spam phone calls, misdials, customer support communications, and form submissions. On the contrary, valid leads signify a sincere interest in the business and reveal an intention to purchase.
17. 53% of Marketers Claim Lead Nurturing Takes up Half or More of Their Budget.According to B2B lead generation data, most companies invest significantly in lead creation.Only 14% of companies need to learn how much they invest in lead generation, and 34% commit less than 50% of their budget. In the coming year, 58% plan to spend more on lead creation.
Lead Nurturing Stats for Customers18. Increasing the Engagement Rate is the Top Priority for 54% of Email Marketers.Personal, work-related, and brand advertising are the three main categories of emails for many people. The first two are significant and more likely to be read, but the third, which includes your emails, is frequently regarded as spam.It can be challenging to increase consumer engagement through emails, but there are certain things you can do:
- Divide up your email lists.
- Make every message you send unique.
- Add CTA buttons.
- Improve for mobile.
Statistics on lead nurturing material demonstrate the importance of defining your customers' purchasing behaviors and providing relevant content. Utilize analytics to determine how customers interact with your product, and then plan and create your content accordingly.Avoid becoming caught at the funnel's awareness stage. Also, follow them throughout the stages of thought and decision-making.
20. One of the Most Significant Difficulties with Lead Nurturing Methods, According to 59% of Marketers, is Providing Content.Content should come first if you're trying to figure out how to nurture online prospects. Marketers concur that generating quality leads can take much work, and increasing customer loyalty is necessary. What then qualifies as quality content? Any content that establishes you as an authority in your industry while educating the consumer, such as informative films, engaging blog entries, whitepapers, etc.To attract your audience, prioritize quality over quantity, offer reliable info, and share it on social media.
21. Lead Nurturing Emails Earn 4-10X More Responses Than Single Email Blasts.Email blitzes are no longer considered one of the most significant lead nurturing techniques. By using market segmentation to customize the message and include engaging content, you can maximize the nurturing effect of your emails. You must be mindful of the timing and regularity; the email should be approachable and open.By sending emails too frequently, you risk being seen as a spammer and alienating potential customers.
22. 63% of Customers Requesting Information About Your Business Won't Purchase for at Least Three Months.Lead conversion stats demonstrate that converting leads takes time and smart planning.A customer who asks for information about your organization is typically just window browsing and trying to decide whether your firm is reliable. This is especially true for B2B transactions and major consumer purchases like those made for cars, homes, and other large-ticket items.
23. 45% of Marketers Need to be Made Aware of the Contribution that Mobile Marketing Makes to Lead Generation.Despite all the excitement around mobile marketing, most companies are still determining how to integrate it into their lead nurturing strategy. It's straightforward; ensure your website and content are accessible on mobile devices. As for promotional messages, please avoid sending them more than once per week and instead send brief, tailored SMS marketing to the consumer about impending promotions or brand deals.
24. From 2016 to 2017, There Were 65% More Real Estate Leads, Yet 10% Fewer Conversions.Real estate lead-generating statistics can also be used to emphasize the idea that obtaining leads is insufficient. If you want a true conversion, you must nurture it. You won't likely make the sales you need to expand your company and make money if all your efforts are devoted to seeking new clients without regard for how you should approach them.
Different Conversion Rates of Lead Generation Tactics25. According to a Research Firm, Barilliance, Email Marketing,and Power of Digital Marketing (PDM), Average Conversion Rates are 15% and 5%.Testing and tracking the conversion rates of lead nurturing tactics allows firms to know the more effective tactics. Barilliance research shows that organic lead generation tactics have a 9.47% rate, Google Ads has a 3.75% rate, Microsoft advertising has 9.47% rate, google Ads has 3.75%, Microsoft advertising 2.94%, paid Ad 2.50%, social media 3.00%, referral 2.60%, email marketing 15.22%, direct 2.00%, B2B content marketing 1-1% -8%, land page 9.70%, event marketing 3-5%, video marketing 4.80%, chatbots 10-30%, SEO 2.40%, Pop-up and overlays 3.09%, and LinkedIn lead generation 13%.
26. Additionally, Different Industries have Different Lead-to-customer Conversion Rates.Industry differences can also be seen in the typical time it takes to turn a lead into a customer. Regardless of your marketing strategies or the method of obtaining the lead, it takes weeks to turn leads into consumers.For instance, it typically takes 28 days to convert a lead in the software (SaaS) sector.This is mainly because selling software involves extended sales cycles, thorough customer education, and the development of some product experience before integration can take place.
27. Leads Typically Convert to Consumers at a Rate of 4%.As we have explained, numerous factors affect the lead to customer conversion benchmark. Industry, marketing tactics, distribution routes, and even gadget types can all affect it.According to Klipfolio, the average webpage globally has a lead conversion rate of 2.4%. According to their research, a lead generation landing page can convert leads at a rate of about 4%.
28. Lead Generation is How 40% of Marketers Gauge the Effectiveness of Their Content Marketing Approach.Since lead creation is the first step in marketing success, it makes sense for marketers to gauge the effectiveness of their content marketing strategy by generating leads.You may assess whether your content is successfully luring and enticing customers and promoting the expansion of your business by measuring the performance of your content marketing strategy by lead generation.
29. Business Leads are Only Verified by 56% of B2B Organizations Before Being Given to the Sales Staff.Lead creation includes the crucial stage of lead verification. Before distributing the leads to your sales staff, it enables you to ensure that they are of a high caliber and more likely to result in paying customers.If leads aren't verified, your sales force may spend time and money pursuing leads who aren't genuinely interested in making a purchase. This can be expensive and hurt your company's bottom line. Sadly, not all marketers follow this strategy. Only 56% of B2B organizations, according to HubSpot's State of Marketing Report, validate business leads before giving them to the sales staff.
30. With 3.5 Billion Daily Searches, Google is an Excellent Location for Any Advertising Campaign, Especially Lead Generation.Google receives 3.5 billion searches daily, according to HubSpot. Because of this, Google is simply the most excellent and trustworthy platform for all advertising, including lead generation initiatives. You may advertise on Google to a sizable audience of prospective clients actively looking for your goods or services. This may be a successful strategy for increasing leads and sales.
31. Connecting with a Prospect Takes 18 Calls, and Marketers Need Help.Data from a Gartner lead generation study indicates that it takes an average of 18 calls for a marketer to contact prospects.Naturally, not all marketers can easily engage clients in meaningful phone conversations, especially when cold calling. They were so; connectingwith opportunities and persuading them to submit their contact information or make a purchase can take time and effort.
Lead Nurturing and Automation32. 79% of the Most Prosperous Businesses Have Used Marketing Automation for Two Years.Your dish won a prize; the secret ingredient was marketing automation software. Reduce the time and effort required to contact your customers by using it to manage processes and multipurpose campaigns across numerous platforms automatically.
33. According to 74% of Marketers, Time Savings is Automation's Most Significant Advantage.Statistics on lead nurturing show that most businesses recognize the advantages of time-saving automation. Additionally, 68% believe automation boosts client involvement, and 58% believe it makes timely communications possible. 58% more people claim that it increases their chances of upselling.
34. Only 5% of Marketers Employ Fully Functional Marketing Automation Technology for Lead Nurturing.Only some businesses make full use of marketing automation. Good tools can assist you in managing more than just your email. It can be used for many things, including testing variables, examining conversion statistics, calculating ROI, and expediting other marketing procedures.
35. According to 91% of Users, Marketing Automation is Essential" for Cross-channel Marketing Success.The most recent statistics show that marketing automation lead nurturing is very popular. Getting more quality leads requires being able to target various client segments via a variety of channels.A consumer can be reached in multiple ways by catalogs, social media, websites, emails, text messages, and digital ads, but managing so many channels takes a lot of work. Thankfully, automation software is the key.
36. 80% of Marketers Who Use Automation Software Succeed in Increasing Lead Generation.Additionally, lead nurturing samples demonstrate that they convert 77% more leads than previously. Therefore, automation is more about efficacy than it is about being lazy.
37. The Produced Revenue and Conversion Rate is Cited by 58% of Best-in-class Marketing Automation Users as the Most Valuable KPIs for Gauging Performance.Maximizing your strategy would help because you don't know what works. Measuring cost-per-conversion, overall profit-produced income, and conversion rate will help refine your nurturing marketing strategy.
38. Marketing Automation Increases Qualified Leads by 451% for Businesses With Prospects.And what is the outcome? An astonishing rise in quality leads. This might apply to you, and the results might be even better. Please don't hesitate about automated marketing because the increase in revenue will offset the initial cost of using the correct software.
2 Best Methods for Generating LeadsLet's talk about the two primary lead generation techniques that sales representatives and marketers utilize to create new leads and compare them based on lead conversion rates and cost per lead.
Outbound MarketingA type of marketing called outbound involves aggressively contacting potential clients through media like advertising, cold phoning, or cold mail to generate qualified leads.Although it can be more expensive and time-consuming than other forms of marketing, such as inbound marketing, it is an efficient approach to producing leads. Instead of seeking potential clients, inbound marketing involves luring them to the company. Outbound marketing is very effective if you're trying to offer a product you need to be aware of (cold selling) or go after a specific demographic or customer segment. It requires more effort and time. But if you do it, the outcomes are more significant.
Inbound MarketingThrough focused, valuable content and experiences pertinent to the customer, inbound marketing involves creating leads and converting them.Techniques including email marketing, SEO, social media marketing, and content marketing can accomplish this. According to HubSpot, firms that broadly use inbound marketing strategies spend $135 on each lead.
ConclusionLead nurturing, or having an effective marketing plan, is the basis for business growth. From converting leads to retaining conversions, this practice helps businesses become successful. The statistics and data in this article have confirmed the importance of continually enhancing your lead-generation activities.As such, it's advisable always to monitor the results of your lead generation campaigns to determine what works and what does not, making the necessary corrections.
FAQs Is lead nurturing important in sales?By offering the most pertinent content, like eBooks, technical briefs, & webinars, nurturing keeps prospects interested. Lead nurturing may foster strong brand loyalty even before a prospect is prepared to purchase.
How to nurture B2B leads?Gaining your audience's confidence will help you grow sales. Try implementing techniques like content marketing, emailing target prospects, and conducting surveys to know your audience better.
How are lead nurturing campaigns made?The conversions led by lead nurturing make their significance clear, and to start nurturing, you need a solid approach. Determine your audience first. Decide who you want to sell to, then divide that audience into subgroups based on age, gender, buying patterns, and anything else to help you focus individual strategies and offer a more specialized experience. Once you've done that, instead of immediately launching into a sales pitch, you might start by giving your consumer something valuable. If you offer it to them before you take it from them, they'll pay greater attention.
References- Slideshare
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- Bizible
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