Qualified Lead

A qualified lead is an enquiry you have checked, so you know the person asking could genuinely buy from you before a salesperson calls them.

Also known as sales-ready lead qualified prospect MQL

Definition

A qualified lead is an enquiry from someone who could actually buy from you, and that last part is the whole difference. Not everyone who fills in a form can spend money, because a student doing a school project sends the same message as a factory owner with a budget. So a qualified lead is the one you checked before a salesperson spent an hour on the phone.

Most businesses learn this the hard way, a month after a new advert goes out. The enquiries jump, everyone is pleased, and then nothing sells, so the advert gets the blame. It rarely deserves it, because the count was never the problem. Half of those people were comparing prices for next year, and a quarter were suppliers trying to sell something to you.

Sales teams split these enquiries in two, and the split is the useful part. A marketing-ready lead has only shown interest, so they downloaded the price list, came back three times and opened four emails, which earns a follow-up rather than a meeting. A sales-ready lead has said something that proves a purchase is possible: a budget, a date, or a problem costing money right now. That is the person to call today.

The sorting comes down to two questions on the form, and most companies ask the wrong two. Company size and industry tell you almost nothing, while when they need it working and who else approves the spending tell you almost everything. Someone who answers next month and just me is a different buyer from one who answers sometime and I would have to ask. Two extra fields, and the list sorts itself.

The answers then have to land somewhere a person owns, because a form that emails a shared inbox loses leads. Nobody owns an inbox, so nobody feels responsible when a message sits in it for three days. That is why, when Linkysoft builds a web application for a sales team, the sorting rule lives inside the system. A hot enquiry is flagged the minute it arrives, and the salesperson sees why, not only that it was.

One honest warning: strict sorting makes the lead count fall, and a smaller number looks like bad news on a digital marketing report. It is not, because ten enquiries you can serve are worth more than sixty you cannot. Linkysoft therefore asks new clients to count the enquiries that turned into paid work rather than the ones that arrived. The two numbers rarely tell the same story.

Questions about Qualified Lead

How do I know if a lead is qualified?
Look for three signs. The person has a real need now, some money set aside for it, and the right to say yes. If two of the three are missing, keep them on the email list instead of calling.
What is the difference between a marketing-ready and a sales-ready lead?
A marketing-ready lead has only shown interest, such as reading pages or opening emails. A sales-ready lead has named a need, a budget or a date, which is why a salesperson should ring that one first.
Should I put more questions on my contact form?
Two extra fields are usually enough. Ask when they need the work finished and who else approves the spending. More than that and people give up halfway through the form.
Does qualifying leads mean I will get fewer customers?
No, but it does mean fewer enquiries. The count on the report drops while the number of signed jobs usually stays the same or rises, because the sales hours go to people who can buy.

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