Demand and Conversion / 4 MINUTE READ
Your next customer is probably hiding in plain sight
Marketing departments spend enormous amounts of energy finding new audiences. Meanwhile, commercial opportunities can go unnoticed among the people already paying attention.
Imagine a company selling a specialist business service.
Its marketing team spends considerable effort attracting visitors to the website. It invests in search, publishes informative content, runs campaigns and maintains a carefully structured CRM.
Every month, thousands of people visit.
A small number complete a contact form. Perhaps a few request a meeting.
The rest leave.
The business knows how many visitors arrived, which channels brought them and which pages were popular.
What it often knows much less about is whether those visits represented meaningful buying interest.
It is a little like operating a shop in which customers are free to browse but nobody pays much attention until they reach the till.
The problem with the funnel
Marketing has long relied on the funnel as its central organising metaphor.
At the top, awareness. Further down, consideration. Then evaluation, decision and purchase.
The model is attractive because it gives a complicated process a pleasing shape.
The difficulty is that customers do not necessarily behave according to the diagram.
A buyer may spend months researching privately, involve several colleagues, compare competitors through AI tools, return to the same website repeatedly and only then make direct contact.
By the time a form is submitted, much of the buying process may already have taken place.
In many organisations, the marketing operation treats that form submission as the moment the lead begins to exist.
But the interest existed long before the record was created.
This distinction is commercially significant.
Two separate marketing industries
Demand generation and conversion optimisation have traditionally developed as somewhat separate disciplines.
Demand generation focuses on finding and attracting potential customers.
Conversion optimisation focuses on encouraging visitors to take action once they arrive.
One seeks to create interest. The other seeks to capture it.
Both are necessary. But treating them independently creates a peculiar weakness.
A campaign may know why a prospect was targeted, what proposition was presented and which buying trigger appeared relevant.
The website may know which pages were visited.
The CRM may know whether the company is already a customer.
Yet these fragments of intelligence are not always used together to decide what should happen next.
This means the same person can receive an outbound campaign about one service, visit the website to investigate another, and then be treated as an entirely anonymous visitor with no relevant context.
The organisation possesses information.
It simply isn't behaving as though it does.
Recognising opportunity without pretending certainty
Modern technology can help businesses understand visitor behaviour and, in appropriate circumstances, associate activity with organisations or known contacts.
But there is an important distinction between identifying an organisation and knowing who visited.
If a technology company appears to be researching energy management services, this may be commercially useful.
It does not establish which employee was browsing or whether the organisation has an approved project.
Good intelligence should recognise such uncertainty, not conceal it.
The purpose is to improve decisions, not manufacture certainty.
A sensible response might be to present relevant evidence, offer an appropriate next step or prioritise the organisation for further research.
It need not mean immediately launching an aggressive outbound sequence.
Sometimes the best next action is simply to make the website more useful.
Create demand. Convert demand.
The greater opportunity emerges when these two disciplines begin working together.
Research identifies organisations that may have a reason to buy.
Campaigns introduce relevant ideas and propositions.
Website engagement reveals which topics attract interest.
Relevant content helps buyers investigate their options.
Conversations and enquiries provide more explicit evidence of requirements.
That intelligence then informs subsequent decisions.
The process is connected rather than linear.
Creating demand helps improve conversion. Conversion intelligence helps improve demand creation.
Neither is simply a department or a software category. Both are parts of the same commercial problem.
The opportunity in existing investment
Businesses have already spent considerable sums creating websites, content and customer databases.
A new marketing strategy does not always need to begin by replacing them or buying more advertising.
It may begin by discovering what these assets already know and making better use of that knowledge.
Which services attract interest but generate few conversations?
Which organisations repeatedly engage with relevant content?
Which propositions are attracting the wrong audiences?
Where do interested buyers appear to lose momentum?
And what could be done differently?
There may be more immediate commercial value in answering those questions than in generating another thousand visitors.
The next customer may indeed be someone the business hasn't yet reached.
But they may also be someone who was on its website yesterday.