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Lead generation for SaaS: The ultimate 2024 guide

elyfornoville

Ely

Fornoville

Published: April 26, 2024
Last Update: March 21, 2025

Lead generation is a crucial aspect of any business, and SaaS companies are no exception. However, where most SaaS companies think leads come from is often not the case. The reality is that “blended search” remains instrumental for SaaS lead generation, but this strategy is usually not tapped to its fullest potential.

Blended Search, or Universal Search, is a search engine feature that displays different content types within the same search results page. Instead of just listing web pages, blended search results may include a mix of various content types, such as images, videos, news articles, maps, shopping listings, and more. Integrating such additional media can help SaaS companies reach a wider audience and attract more qualified leads. In this guide, we will discuss how SaaS companies can generate leads and the role of blended search in boosting lead generation.

How marketers handle lead generation
Image source: financesonline.com

Key takeaways

  • To optimize lead generation, SaaS companies should consider leaving marketing to the experts and utilizing a mix of paid search, organic search, social media, and other channels.
  • Blended Search is a marketing strategy that combines different types of media to increase visibility and generate leads for SaaS companies.
  • Results from using “Blended Search” marketing can lead to more qualified leads and fewer tire kickers.

How important is blended search for SaaS lead generation?

Blended search, which includes both organic (SEO) and paid (PPC) search strategies, is a significant lead generation channel for SaaS companies. The exact number of leads generated may differ and may depend on your niche, budget, SEO strength, and the effectiveness of your campaigns.

However, SaaS companies that invest in a balanced approach to blended search can see substantial returns. For example:

Organic Search: B2B (including SaaS) companies with strong SEO can see up to 64% of their leads coming from organic search, especially if they rank highly for relevant keywords.

Paid Search: PPC can contribute over 12% of the total leads, especially for competitive keywords where organic ranking is challenging.

The success rate can vary, but on average, SaaS companies leveraging blended search might see a conversion rate of 2-5% from their total traffic, leading to a significant number of qualified leads monthly.

Is social media lead generation (paid and organic) still worth it for SaaS companies?

Both paid and organic social media lead generation remain highly relevant for SaaS companies in 2024. Platforms like LinkedIn, Facebook, X, and Instagram can be used to further target customers with specific job titles, locations, and interests. 

Paid campaigns, especially on platforms like Facebook, are still an effective strategy for capturing leads. For example, Facebook lead campaigns have shown promising metrics, with an average click-through rate (CTR) of 2.70% for the Business Services sector (including B2B SaaS) and a cost per lead (CPL) as low as $16.95​.

Organic social media efforts are also valuable, particularly for brand awareness and long-term engagement. SaaS companies can use content marketing strategies, such as posting relevant and valuable content on platforms like LinkedIn, to nurture leads over time. Moreover, engaging with followers and participating in industry-specific conversations on social media can help SaaS businesses build credibility and drive organic traffic to their sites.

That said, combining paid and organic social media strategies can create a robust lead generation funnel for SaaS companies, making social media a worthwhile investment.

Facebook Ads Benchmarks - Average CTR by industry
Image source: wordstream.com

Through what channels do top SaaS companies generate leads?

Lead generation is a crucial aspect of any SaaS company’s marketing strategy. Without a steady flow of leads, a SaaS company cannot grow and succeed in the highly competitive market. So, where do top SaaS companies find their leads?

Ways to generate leads as SaaS company with free trial option

Here are some of the most effective and powerful lead generation strategies and channels used by top SaaS companies:

  • Free trials: Offering a free trial is a common lead generation tactic used by many SaaS companies. It allows potential customers to try out the product before making a purchase decision.
  • Webinars: Hosting webinars is an effective way to generate leads and educate potential customers about the product. Webinars can be used to showcase the product’s features and benefits and address any concerns or questions.

How to use lead generation webinars
Image source: apexure.com
  • Case studies: Sharing case studies of successful customers can help build trust and credibility with potential customers. It also provides social proof and demonstrates the value of the product.
  • Personalized nurturing: Personalized nurturing involves tailoring the marketing message to each individual lead based on their interests and behavior. This can be done through email marketing, retargeting ads, and other tactics.
  • Value proposition: Clearly communicating the product’s unique value proposition is essential for generating leads. The value proposition should address the pain points of the target audience and demonstrate how the product solves those problems.
  • Events: Attending or sponsoring industry events is a great way to generate leads and build brand awareness. It provides an opportunity to network with potential customers and showcase the product.
  • Reviews and testimonials: Positive reviews and testimonials from satisfied customers can be a powerful lead generation tool. They provide social proof and demonstrate the value of the product.

SaaS company reviews
  • Buyer personas: Developing detailed buyer personas can help target the right audience and tailor the marketing message to their specific needs and pain points.
  • Freemium: Offering a freemium version of the product can help generate leads and attract potential customers who may not be ready to make a purchase.
  • Research reports: Sharing research reports and industry insights can help position the company as a thought leader and generate leads from potential customers who are interested in the product.

These are just some of the most effective lead generation campaigns and channels used by top SaaS companies. By leveraging these channels and tailoring the marketing message to the target audience, SaaS companies can generate a steady flow of high-quality leads and grow their business.

Blended search: The key to more leads (and fewer tire kickers)

Step 1: Paid search

SERPs overview for the keyword best project management tools

Paid search is a great way to attract leads and generate traffic to your website. With paid search, you can target specific keywords and demographics to reach your ideal audience. It’s important to optimize your ads and landing pages to ensure that you’re getting the most out of your ad spend. By using paid search, you can quickly generate leads and increase your chances of converting them into paying customers.

Step 2: Traditional SEO

Traditional SEO is still an important aspect of lead generation for SaaS companies. By optimizing your website and content for search engines, you can attract more organic traffic and generate more leads. It’s important to ensure that your website is optimized for search engines by including relevant keywords, creating high-quality content, and building backlinks.

Step 3: Content marketing

SaaS company blog post

Content marketing is a great way to attract leads and generate traffic to your website. By creating valuable content, such as blog posts, articles, infographics, and landing pages, you can attract potential customers and establish yourself as an authority in your industry. It’s important to ensure that your content is optimized for search engines and provides value to your target audience.

Using a blended search approach that incorporates paid search, local service ads, local SEO, traditional SEO, and content marketing can help SaaS companies generate more leads and attract more paying customers. By optimizing your website and content for search engines and local search, you can increase your visibility and attract more qualified leads. It’s important to continuously optimize your lead generation strategies to ensure that you’re getting the most out of your efforts to generate qualified leads.

Results from using “blended search” marketing

Case study of blended search marketing boosting revenue
Image source: liondigital.com

Blended search marketing has been a popular strategy for lead generation in the SaaS industry. By combining different types of media such as images, videos, and news articles, blended search marketing has proven to be an effective way to increase website traffic and generate high-quality leads.

One of the key benefits of blended search marketing is its ability to drive growth for SaaS companies. By optimizing for different types of media, companies can increase their visibility in search engine results pages (SERPs) and attract more potential customers.

Analytics also play a crucial role in blended search marketing. By tracking the performance of different media types, companies can gain valuable insights into which channels are driving the most traffic and conversions. This information can be used to close any gaps in the marketing funnel and improve lead generation efforts.

Blended search marketing also allows for partnerships and integrations with other companies and platforms. By leveraging these partnerships, SaaS companies can expand their reach and attract new customers.

Lead nurturing and lead scoring are also important components of blended search marketing. By using a CRM system, companies can track and nurture leads as they move through the sales funnel. By assigning KPIs to each stage of the funnel, companies can ensure that they are generating high-quality leads that have a high potential customer and lifetime value.

Overall, blended search marketing has proven to be a successful strategy for lead generation in the SaaS industry. By combining different types of media, optimizing for search engines, and leveraging partnerships and integrations, companies can attract high-quality leads and drive growth for their business.

Like tech, marketing is best left to the experts

When it comes to lead generation for SaaS companies, marketing is a crucial aspect that should not be overlooked. While some may believe that they can handle their marketing efforts in-house, it is important to remember that marketing is a specialized field that requires expertise and experience. Here are some reasons why marketing is best left to the experts:

Credibility

Marketing is all about building credibility and trust with your own target market and audience. A professional marketing team can help establish your brand as a thought leader in the industry by creating high-quality content, engaging with your audience on social media, and crafting a strong brand message. This can help build trust with potential customers and make them more likely to consider your product.

Customer service

Marketing is not just about attracting new customers, it is also about retaining existing ones. A lead generation agency can help you provide excellent customer service by responding to customer inquiries quickly and efficiently. This can help build a positive reputation for your brand and encourage customer loyalty.

Lead generation agency

A lead generation agency and sales team can help you identify and target the right audience for your product. They can also help you create effective marketing campaigns that will attract potential customers and convert them into paying customers. With their expertise and experience, a lead generation agency can help you achieve your marketing goals.

Marketing is a critical component of any lead generation strategy for SaaS companies. To ensure the success of your marketing efforts, it is best to leave it to the experts who have the knowledge and experience to help you achieve your goals.

Thankfully, outsourcing Saas lead generation is an option

Fixing SaaS website issues can be challenging, especially if you need the necessary expertise. You might be tempted to handle it independently, but that could cost you more in the long run. The learning curve is steep, and there are potential risks involved. However, there’s a fantastic solution available. You can outsource your website fixes to our reputable agency, ProjectSEO, specializing in SaaS website optimization.

We have a team of experienced professionals who are experts in Google Analytics, Ahrefs, Webmaster, and various SEO tools. We’re here to help your business grow online and improve organic traffic. If you’re ready to enhance your digital presence and attract more customers, we invite you to contact us today. Let’s work together to achieve your marketing goals.

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