How to Generate Leads and Make Money Online Using AI Tools
Introduction to Lead Generation
- Key Idea: Generating leads consistently (either free or cheaply) is the backbone of online income.
- Real-World Example: Companies pay anywhere from $3 to $500 for a lead.
- Lead Types:
- Interest in services (e.g., internet, insurance, or home renovation)
- Simple giveaways (e.g., gift cards)
- Personal Insight: The speaker has generated millions from lead generation campaigns involving mortgages, credit cards, and giveaways.
Why Lead Generation is Critical
- Leads as the Lifeblood of Business: Businesses rely on leads to secure potential customers.
- High Conversions with Leads:
- Lead forms convert at 10% to 30%, unlike product sales which may convert at 1%.
- Examples of Paid Leads:
- Water damage: $100+ per phone call.
- Credit card leads: Up to $300 per submission.
- Rehab services: $825+ per phone call.
- Large Market Opportunity:
- 40,000+ new cars purchased daily in the U.S.
- 1.5 million …