The number of inbound requests has been falling for several weeks, and the pipeline is starting to feel it. The temptation is to react quickly: relaunch a campaign, buy a list, increase the advertising budget. That is often the wrong response, because the cause has not been identified.
A drop in leads must be diagnosed before it is treated. Here is how to check that it is real, find its origin and respond to it sustainably.
The team behind our flexible, automatable CRM tells you everything.
- Check the measurement first: a broken form looks like a market downturn.
- Break down by source: an overall drop almost always hides one specific channel.
- A contact database ages naturally, every year.
- Cutting marketing during a slow period sets up the next drop.
- Your customers and former leads are the fastest resource to mobilize.
1. Check that the drop is real
Before looking for a commercial cause, rule out technical and administrative causes. They explain a surprising share of alerts.
- A form that no longer submits: website update, disabled plugin, overly strict anti-spam protection.
- A measurement that has changed: new analytics tool, modified consent banner, revised lead definition.
- Incorrectly attributed leads: contacts created without a source, and therefore invisible in reports by source.
- Seasonality: compare with the same period the previous year, not with the previous month.
A simple test settles the first question: fill in each of your forms yourself and check that the request arrives in the CRM, with the right source.
2. Find where the drop is coming from
An overall drop is almost always the sum of contrasting trends. Break down lead volume by source over several months: organic search, advertising, events, referrals, direct prospecting, partners.
This analysis assumes that the source of each lead is recorded. If it is not, that is the first thing to fix, even before dealing with the drop: without it, every decision remains a hunch. The indicators to track are detailed in our article on tracking prospecting.
3. The most common causes
Search engine optimization
Losing rankings on a few important queries is enough to make requests fall. Results pages are also changing: search engines increasingly answer simple questions directly, which reduces clicks to websites. Content that meets specific, engaging needs holds up better than content answering definition questions.
Advertising
A rising cost per click, modified targeting, a campaign stopped without anyone noticing. Advertising produces as long as you pay, and stops dead otherwise.
An aging database
A contact database depreciates naturally: people change jobs or companies, companies merge or disappear. An unmaintained database produces fewer responses every year, without anything else having changed. Our article on data quality details how to maintain it.
Message fatigue
The same content, sent to the same people, has less and less effect. Falling open and click rates signal this well before lead volume does.
Referrals
Fewer referrals often reflect a problem further down the line: delivery times, service quality, after-sales relationship. It is the slowest cause to appear and the most costly to ignore.
4. Respond without sacrificing the medium term
Once the cause is identified, the response is built on the channel concerned. A few principles apply in all cases.
- Do not cut marketing to save money: the effects of reduced effort are paid for several months later.
- Reactivate what you already have: former unconverted leads, lost opportunities, dormant contacts. They know you, and their situation may have changed.
- Mobilize your customers: referrals, testimonials, published reviews. It is the most credible and least costly source.
- Resume direct prospecting on priority targets, by phone or on LinkedIn: it is the fastest lever.
- Be wary of buying lists: rarely profitable in B2B, it raises compliance issues and converts poorly.
5. Prevent the next drop
The best protection is diversification. A company that depends on a single channel for most of its leads is exposed to the slightest change in that channel. Spreading the effort across several sources, and measuring what each one produces right through to signature, makes it possible to see drops coming instead of suffering them.
The levers to combine are presented in our article on B2B lead generation, and the overall process in the one on lead management.
Your questions about falling leads
When should you worry?
When the drop lasts several weeks and shows up year on year. One weak week means nothing on its own.
Should you increase the advertising budget?
Only if the cause is advertising-related. Paying more for a broken form produces nothing.
How long does it take to get back to the usual level?
A few weeks for direct prospecting, several months for SEO. Hence the value of acting on both in parallel.
Is a drop in leads necessarily serious?
Not if quality is improving. Fewer, better-qualified leads can generate more revenue.
Should you follow up with former leads?
Yes, with a message suited to their current situation. A lead lost a year ago may have changed needs, budget or supplier.