👇 Watch this first!
https://www.loom.com/share/2727bc2aa30c4815be08ddc21f5498fa?sid=8f758354-92a6-407e-b02e-ad4074e32e94
What you’ll learn:
- What to launch: How to determine if a lead magnet is going to be valuable to the type of reader, customer, etc. that will be meaningful to your business
- How to launch: How to validate a lead magnet is aligned with your ideal customer profile (ICP)
- What ‘great’ looks like: A few of my favorite lead magnets
Why it matters:
- Lower the CPL / CAC on your ads
- Drive qualified leads to your company from social
- Build immense trust with the readers of your newsletter (so you can convert them into customers)
A few guiding principles for what makes a great lead magnet:
- Real: Real SOPs and documents from your company, call recordings, etc. are better than things that have been manufactured explicitly to be a lead magnet.
- Tyler’s seed deck
- Sales call recordings from a company doing $17M a year (a product we launched with Jesse Pujji)
- Mr. Beast’s employee handbook (never used as a lead magnet… but went incredibly viral on Twitter!)
- Recent: The more recent, the better.
- You’re probably here because you saw my post about Tyler Denk’s (CEO, beehiiv) success with us using his seed deck as a lead magnet for paid ads.
- If beehiiv raised 10 years ago, that wouldn’t be so exciting - this lead magnet works because they’re extremely topical and have had multiple successful raises in the last 3 years.
- Relatable: Social proof is a tremendous multiplier of lead magnet success - has someone accomplished a goal your ICP wants or has the lead magnet been used by someone your ICP knows + respects? There are three primarily types of social proof that outperform…
- Financial/numerical outcomes: beehiiv’s seed deck raised $2.6M
- Who has used the lead magnet: It’s Tyler, not just anyone, who has had success using this!
- How many have used the lead magnet: The lead magnet you're reading now was used to drive 20k subscribers for his newsletter.
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Note: Because effective lead magnets are extremely broad in range and folks use various ESPs (beehiiv, convertkit, hubspot, etc.), this page includes the ingredients / common processes we use + find commonly in strong lead magnets. This is not:
- A guide on design, technical set-up of landing pages like Carrd + connecting those to auto senders to fulfill on lead magnets
- In other words, this should get you to ‘what to make’ but not precisely how to make it in <1 hour if you follow the questions to ask yourself + examples of winning lead magnets
- For more step-by-step approaches to products, I’ve included a free workshop recording we did in partnership with beehiiv on a $270k product launch we drove which goes deeper on value ladders and email marketing
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