Demand generation, also known as demand-gen, is a marketing process that focuses on increasing awareness and demand for a product or service. Its main goal is to generate high-quality leads and transform them into customers.
A robust demand generation program will achieve this goal by producing engaging, high-quality content that covers every touchpoint during a buyer’s journey, from building awareness and growing a brand’s audience all the way through to customer retention.
It can be broken down into four parts:
· Brand awareness — e.g., social media, public relations, brand identity
· Inbound marketing — e.g., blogging, SEO, paid advertising, lead generation
· Sales enablement — e.g., case studies, testimonials, FAQs
· Customer retention — e.g., customer support, upselling, customer surveys
Demand-gen is often confused with lead generation, which is a strategy with a more specific goal of gaining signups. By following the demand generation process, brands can create and accelerate a predictable flow of leads which sales teams can then focus on converting into customers.
Demand generation is a marketing strategy focused on creating awareness and interest in a company's products or services, to generate new leads and drive revenue. It uses various tactics aimed at building and nurturing customer interest throughout the buyer's journey.