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Boost Sales with The Top Lead Generation Software for Electricians
Erika Carmichael
Introduction
As an electrical contractor looking to grow your electrical business, you’ve likely realized that getting leads that actually turn into paying projects is the key to predictable growth. But let’s face it, building a lead generation system can be tricky—even if you’re a marketing whiz (which many contractors aren’t).
If you’re in the early stages of your business, lead generation strategies and the best lead generation software can have a huge impact on your bottom line. They can be the difference between a growing enterprise that can cover overhead, hire, and pay for salaries and benefits and one that struggles to grow.
In this article, we’ll discuss lead generation systems to power your business. We’ll cover inbound and outbound lead generation and discuss why it’s important to have a balance of both. We’ll then turn our attention to lead generation strategies and cover the tools you need to deploy for effective growth. Finally, we’ll close with ways to leverage these tools and strategies for maximum effectiveness.
So, let’s dive in.
What is Lead Generation, and Why is it Important for Electrical Contractors?
So that we’re all on the same page, lead generation is the process of attracting potential buyers for products and services. For electrical contractors, effective lead generation can help you:
- Increase sales and revenue
- Improve customer engagement
- Build brand awareness
- Expand your client base
- Scale your operations
Effective lead generation is essential for maintaining a steady influx of clients, ensuring sustained business growth, and providing valuable customer insights that contribute to long-term success in the electrical industry.
Now, there are two forms of “lead-gen.” Inbound and Outbound.
Inbound Lead Generation: The Importance of Quality Content
Inbound lead generation focuses on attracting potential leads and customers by creating valuable content that addresses their pain points and interests. This includes videos, blog posts, social media posts, e-books, whitepapers, testimonials, webinars, and more.
The key to successful inbound lead generation is quality content that is relevant and useful to your target audience. Tools like SEMrush and HubSpot generate reports that provide valuable insights into user engagement and lead generation, helping businesses optimize their efforts and better understand customer behavior.
Inbound leads tend to be cheaper and have a higher conversion rate compared to outbound leads because they’re generally people who are already interested in your services and have taken the time to do their research.
The biggest challenge with inbound lead generation is that it takes time and can be unpredictable.
Outbound Lead Generation: Reaching Out to Potential Clients
Outbound lead generation, on the other hand, takes a proactive approach to reaching out to potential customers, often through methods such as ads, cold calling, email marketing, direct mail, and events. A well-defined lead generation strategy is crucial in these efforts to drive business growth, track leads, and attract potential customers.
Unlike inbound lead-gen strategies, which attract customers who are already searching for your products and services, outbound efforts require a more targeted approach to effectively cut through the noise and engage prospects (unless you’re using sales intelligence software- which we’ll come back to later).
The benefit of outbound lead generation is that it can deliver almost immediate results. However, that doesn’t mean it’s without challenges. This type of customer acquisition requires patience, persistence, and the ability to handle near-constant rejection.
But the rewards are easy to see.
According to Constant Contact, outbound email marketing (even cold emails) delivers an average return on investment (ROI) of $36.00 for every dollar spent.
The effectiveness of outbound marketing channels will all be different, but they’re often far more predictable than inbound. That’s why having a balanced mix of inbound and outbound marketing is key to your growth strategy- it ensures steady and progressive growth.
In this article, we’ll primarily focus our attention on outbound lead generation, but it would be worth your time to do some research and grow skilled in both inbound and outbound.
Lead Generation Strategies for Electrical Contractors
Sales Intelligence and Property Intelligence Tools: Fast, Efficient, Powerful
Intelligence tools are one of the fastest and most efficient ways of identifying and messaging prospects. However, they generally cost a bit more than inbound tools. With tools starting at just $49 a month, sales and property intelligence tools can take care of a lot of the heavy lifting for you. That means you save time and become way more effective at generating sales leads.
One example is Convex. Convex was specifically designed for companies that sell into commercial and industrial buildings like hospitals, restaurants, manufacturing, mixed-use, multifamily, and more. Built to meet the needs of sales teams, Convex offers a handful of tools that make lead generation easy.
Atlas: renders property and contact data, in a simple map-based interface which is perfect for commercial sales teams. Create lead lists, map sales routes, and sync customer data/ prospect data to see where on the map/visually they should focus, etc.
Signals: collects buyer signals and intent data, allowing you to reach-out to prospects who have high “Signal” strength (our proprietary lead scoring mechanism).
Engage: allows you to reach-out to prospects who have high signal strength and track your outreach, message history, and more.
Generative AI: Engage is powered by our Generative AI solution that’s trained on all sorts of data about the account. This includes property info, account details, contact data and insights on everything from the prospect to you and your company. This way, your messages are personalized based on that information to be the most impactful and relevant to the potential customer.
It’s so easy to use; messaging a prospect only takes 3- 5 minutes and four steps:
- Log in and check the Signals category to see who’s ready to buy in your market.
- Search for prospects using various criteria like types of building, account names, contact details, property addresses, or tenant info.
- In two clicks, use AI to generate personalized emails and phone scripts (or Loom video scripts).
- Set up reminders and follow-ups or add leads to your pipeline.
This is probably the easiest and most efficient way to generate more leads for new business with just a few clicks.
Cold Calling: The Art of Direct Engagement
Cold calling might seem old-school, but it’s still a powerful way to generate leads! It involves reaching out to potential clients who haven’t shown interest in your services yet.
I know it can feel intimidating, but learning to cold-call can really boost an electrical contractor’s sales game. The secret to a successful cold call? Preparation!
Convex can produce scripts for you, so don’t worry about what to say, but mentally you still have to prepare for potential, “No’s,” rejection, and even worse silence (a.k.a., no response what-so-ever).
According to our internal research, most sales reps quit after two calls due to the mental strain of cold calling. This is a huge mistake, as six seems to be the magic number. You heard that right—six calls give you the highest probability of reaching a decision-maker and getting a response.
While it’s not the most fun way of generating leads, the ability to effectively cold call can set you apart from competitors with a little dedication.
Email Marketing: Nurturing Relationships and Driving Value
I don’t think there’s any arguing the fact that email is a core channel for sales. But the question is, how do you want to use it? Do you want to send cold emails to prospective customers? Use nurture campaigns or value-based offers?
Unlike cold calling, well-crafted emails allow for thoughtful engagement through market segmentation (a fancy word for defining your customer’s needs) and personalization.
This is where Generative AI from Convex can make all the difference. Instead of guessing what to say, Convex uses data and buying signals to train the AI how to approach your prospects- giving your sales team talking points like the value propsition of working with your company.
Removing the guesswork can be a game-changer for sales, as it eliminates the time necessary to conduct comprehensive lead research.
Direct Mail: A Tangible Touchpoint
As a kid, we all loved getting mail. As you get older, your mailbox fills up with bills and letters from your church, non-profit organizations, political campaigns, or your alma mater begging you to “donate.”
Despite the influx of digital communication, direct mail is making a comeback as a highly effective lead-generation tool with platforms like Postal, Sendoso, and Gunderson.
In addition to direct mail, having a lead generation website is essential for electrical contractors to find and manage new leads efficiently. An updated and intuitive platform can significantly enhance lead generation and maximize business growth with more electrical leads.
According to the Data & Marketing Association’s 2018 Response Rate Report, direct mail has a response rate of 4.9% for prospect lists compared to email’s average response rate of just 1%. Not only that, but 60% of people who receive direct mail will visit the website mentioned on it.
A website visit is vital for retargeting and other inbound methods- which we’ll talk about at another time.
Social Media Marketing Campaigns
Social media can be a powerful lead-generation tool. It can be used inbound as a platform for creating content where people can find and engage with it, and outbound as a tool for messaging people who express challenges or obstacles that your business can help them overcome.
Some easy ways to accomplish this are:
- Set up filters for keywords and terms that would indicate a need for your help. This could be as simple as “electrical” and “wiring” or as complex as “lighting installation in Boston, Massachusetts.”
Then:
- Use platforms like TikTok and Instagram for visual content and to make short videos about your potential customer’s challenges.
- Leverage X (formerly Twitter) for industry thought leadership by posting about anything industry-related that would interest your customers. This could be local regulations, quality of work, and more.
- Use LinkedIn for professional networking, engagement, and to send InMail messages to people who show interest in your services.
- Post on Facebook for community engagement – this could be photos, events, special offers, and other things that drive interest.
- Finally, share before-and-after project photos and use relevant hashtags to increase post reach and connect.
As a side note, I recommend setting up all of your Google profiles and sharing content on them. Google Business, Local Services Ads (LSA), analytics, and other options are great ways to drive low-cost traffic to your website that can convert into customers.
Effective Lead Generation Solutions and Tools for Electrical Contractors
Many small business owners turn to local marketing agencies to drive leads. If done correctly, this can lead to a huge uptick in leads- if done incorrectly, it can be costly, hurt your brand’s reputation, and deliver inconsistent results.
Before “courting” local agencies, see if you can “stand up” a simple lead generation workflow on your own. It can be cheaper and lead to better results.
Sales Intelligence Software
We’ve previously discussed Convex’s sales and property intelligence solution, so we’ll briefly touch on it here, but there are a dozen sales intelligence platforms that can help you drive new business- here are the top 10!
- Convex: Which we covered earlier is the Swiss Army knife for electrical and industrial services sales. Offering property intelligence, route mapping, buying signals, and sales intelligence, Convex is the only solution on this list that’s an “all-in-one package.”
- Dealfront: A data powerhouse that’ll supercharge your prospecting efforts.
- Cognism: Masters of B2B sales intelligence, perfect for those targeting other businesses, especially in European markets that require GDPR compliance.
- Apollo: A jack-of-all-trades with a user-friendly interface.
- LinkedIn Sales Navigator: Harnesses the power of the world’s largest professional network.
- Lusha: Specializes in contact data enrichment and verification.
- HubSpot Sales Hub: An all-in-one platform that plays well with other HubSpot tools.
- Uplead: Known for its high-quality data and easy-to-use platform.
- Clearbit: Offers deep insights into companies and key decision-makers.
- Datanyze specializes in technographic data, which is perfect for tech-savvy waste management companies.
Automation and Integration Tools
You can also plug each of these platforms into automation tools. HubSpot and Zapier interfaces allow you to create custom lead capture forms, automate your lead generation process, and streamline follow-ups. These tools can significantly enhance your efficiency in managing and converting leads.
Paid Advertising Platforms
To capture leads from potential customers actively searching for electrical services, consider these paid lead generation platforms:
- LinkedIn InMail ads and Lead Gen Forms
- TikTok Lead Generation
- Facebook Lead Ads
- Google Ads – especially LSA.
Additional Lead Generation Tools
For electrical contractors looking to expand their lead generation toolkit, consider these additional options:
- LeadFuze: Access contact information for millions of businesses
- UpLead: Quickly identify new prospects in the electrical industry
- Avention: AI-driven prospect and search engine optimization search engine
Electrical contractors can build a solid system to find, attract, and nurture potential clients by using a mix of these lead generation services and email marketing tools. This way, it can be more budget-friendly and often deliver better results than just depending on local marketing agencies.
Measuring the Success of Lead Generation Efforts
Once you have tools, workflows, and processes in place, it’s time to measure them for effectiveness and return on investment (ROI). We recommend tracking everything – which sounds daunting but it’s simple once you know where to look.
The primary key performance indicators (KPIs) to track are:
- Number of new leads generated – How many new leads came in?
- Lead conversion rate – How many of them turned into sales & revenue?
- Cost per lead – How much did it cost to acquire them?
- Return on investment (ROI) for each channel – How much is each system generating over a set time period (usually measured by month)?
This data will give you the most important number to track in your entire lead generation system because it affects everything else in your business. That number is the “cost to acquire a customer” (CAC).
“CAC” is the cost of acquiring a new customer divided by the number of existing customers you acquired over a specific time period. For example, if you spend $1,200 dollars to generate ten customers in a month, your CAC would be $120.00.
This metric helps you understand how much it costs to gain each new customer and compare it to their lifetime value (LTV) – or how much revenue they bring in over the entire customer lifecycle.
Keeping track of these metrics will allow you to make data-driven decisions about your lead-generation efforts and pricing and ensure that your marketing budget is being utilized effectively. Analyze this data regularly to optimize your lead generation strategies and ensure their continued effectiveness.
Which leads us to “choosing the right tools.”
Choosing the Right Lead Generation Software for Electrical Contractors
Before “choosing a lead-gen tool,” you may want to consider whether or not you wish to use an outbound agency that handles the work for you or lead generation platforms you manage yourself.
Both have pros and cons.
Agencies save time but cost significantly more, and you have little control over the process. Platforms are cheaper to operate but require an investment of your time and effort (or the time and effort of your team).
In either case, selecting the most effective lead generation solution is the critical difference between electrical contractors who focus on every single task and those who can streamline and automate many aspects of customer acquisition.
While we can’t help you choose an agency, when it comes to choosing the right tools, here’s a comprehensive guide to help you make the best choice:
Assess Your Current Tech Stack and Needs
- Identify gaps in your current technology: Do you need prospecting and lead-generation tools?
- A customer relationship management (CRM) system?
- Do you need tools for email marketing or social media management?
- Do you need better data analytics capabilities?
- Are you overwhelmed and need marketing and sales automation software?
- Determine your specific lead generation goals: Increase the number of qualified leads.
- Improve lead conversion rates
- Enhance lead nurture, customer engagement, and retention rates.
- Now, assess your budget: Which tool best fits your budget, needs, and expected ROI?
Teams that use Convex are seeing an impressive 9x median ROI! This is based on averages over a year, and the metrics assume a lifetime value (LTV) retention rate of 95% with a 45% margin.
Take platform factors like this into consideration before settling on a tool.
Research Top Lead Generation Tools
Here’s a bit of info on the top platforms we’ve mentioned so far and how they fit into an outbound sales tech stack:
Sales and Property Intelligence Platforms: These tools offer powerful data-driven insights to identify and target potential clients effectively:
- Convex: Specifically designed for contractors selling to commercial and industrial buildings, offering property intelligence, buying signals, and AI-powered outreach.
- LinkedIn Sales Navigator: Leverages professional network data for B2B lead generation.
- Cognism: B2B sales intelligence platform that specializes in compliance and GDPR.
Email Marketing Software: Email remains a cornerstone of effective lead generation:
- HubSpot: Offers a comprehensive CRM with robust email marketing capabilities.
- Mailchimp: User-friendly platform for creating and sending professional email campaigns.
- Constant Contact: Specializes in email marketing for small businesses.
Customer Relationship Management (CRM) Systems: A good CRM is essential for managing leads and customer relationships:
- Salesforce: Powerful, customizable CRM with extensive features.
- Pipedrive: User-friendly CRM focused on sales pipeline management.
- HubSpot CRM: Free option with basic features, integrates well with other HubSpot tools.
Social Media Management Tools: For contractors looking to leverage social media for a lead generation campaign:
- Hootsuite: Manages multiple social media accounts from one dashboard.
- Sprout Social: Offers social listening and analytics features.
- Buffer: Simplifies social media scheduling and posting.
Integrating and Automating Your Lead Generation
Once you’ve selected your tools, focus on integration and automation:
- Use Zapier or similar platforms to connect your chosen tools and create automated workflows.
- Set up lead scoring systems (or rely on tools by Convex and other sales intelligence platforms) to prioritize the most promising prospects for outreach.
- Implement automated email sequences for lead nurturing.
Leveraging Sales and Property Intelligence for Electrical Contractors
While all the mentioned tools are valuable, sales and property intelligence platforms like Convex offer unique advantages for electrical contractors:
- Targeted prospecting: Identify properties likely to need electrical services based on permit history.
- Buying signals: Recognize when potential clients are most likely to need your services.
- Efficient outreach: Use AI-generated, personalized messaging to connect with prospects effectively.
Implementing Effective Lead Generation Strategies
Regardless of the tools you choose, consider implementing one (OR more) of these strategies for success:
- Outbound Tactics: Use sales intelligence for targeted cold calling and email outreach.
- Attend industry events and trade shows to network face-to-face.
- Partner with complementary businesses for referrals.
- Generate High-Quality Leads: Use property intelligence to target specific industries or building types.
- Offer free electrical safety inspections as a lead magnet.
- Create educational content addressing common electrical issues.
- Nurture Leads and Build Relationships: Set up automated email sequences with valuable content.
- Use CRM data to offer personalized solutions.
- Follow up consistently without being pushy.
- Leverage Customer Data: Analyze past interactions to identify common pain points.
- Create buyer personas to target ideal clients.
- Use data to personalize marketing messages and improve customer satisfaction.
Electrical contractors can significantly enhance their lead generation and marketing efforts by carefully selecting and integrating the right lead generation software, with a focus on sales and property intelligence tools. Remember, the most effective approach often combines various tools and strategies tailored to your specific business needs and target audience.
Conclusion
If you’re overwhelmed by the enormity of building an effective lead generation solution for your electrical contracting business, you’re not alone.
If you follow a systematic approach:
- Assess your current technology and goals,
- Research top lead generation tools,
- Identify the ones that will work best for you,
- And implement them effectively,
You can generate high-quality leads and sales for your electrician business.
Remember: the key to successful lead generation is consistency and adaptation. Once you have chosen a platform or tool, create a workflow so you use it every day. With persistence and the right approach, you’ll be well on your way to generating a steady stream of high-quality leads.
Ready to see how easy it can be to drive high-quality leads and sales with Convex? Don’t wait; schedule a demo of Convex today.