Co-Reg Lead Management:
Leveraging Cross-Sell and Up-Sell Opportunities
Have you ever noticed that
how few checkboxes asking your permission for contact by their partners and
third-party service providers when you must have signed up for a newsletter or some
other service? Ever wondered why someone is doing that? The answer lies in
Co-Reg Lead Management.
Co-Reg or
Co-Registration is a lead generation mechanism with the intent of generating
qualified leads that are willing to receive communication from the marketers,
i.e. opt-in leads. This is also known as permission marketing. Co-Reg lead
generation offers marketers with an opportunity to build qualified lead lists
quickly and effectively.
Any publisher (or site
owner) can benefit by using the co-registration mechanism to generate
additional revenues as it presents up-sell opportunities in the domain of his
products and services or cross-sell opportunities in the domain of his
partners.
Co-Reg lead generation is
achieved in two ways: using a co-registration path or presenting multiple
offers in the signup and thank you pages. Or what we call Co-Reg Wizard and
C-Reg Collage.
Co-Reg
Wizard or co-Registration Path: When a user visits a web site of his interest
and when seeing something of value such as a newsletter, tries to sign up for
the newsletter. The user fills out a form, asking for information such as name,
email address, phone number and physical address. Once the form is completed, instead
of him seeing a thank you or a confirmation page, the user is directed through
a set of additional, related promotions or offers from partners and third party
service providers.
The site owner gets paid
for every lead that he generates from his co-registration path, which is usually
connected to a co-registration network.
These co-registration networks connect marketers with publishers (or
site owners) and consist of hundreds of high traffic sites, and can literally
generate hundreds of thousands of co-registration leads per day.
Co-Reg
Collage or multiple offers with checkboxes: In this lead generation mechanism, the user
visiting a website is presented a page which contains multiple promotions or offers,
each of which has a checkbox next to it.
The user will select the promotions of his liking, fills in the usual
form details such as name, email address, phone number and physical address.When
he submits the page, he has subscribed to multiple offers and his information
is shared with relevant marketers by the site owner.
Oftentimes, these promotions
are presented as part of the “thank you” after the primary registration so that
the user does not feel the anxiety or the friction which will drive him to
leave the website without filling in the form.And sometimes, he is taken to a
different website as part of registration which follows other website and so
on. The user will be shown multiple related offers which may or may not be of
interest to him.
In essence,the user is
signing up for multiple related offers simultaneously and giving his permission
to marketers to contact him.
Author Resource:
·
Mr.
Chaitanya Mudunuri is the CEO at Ray Business Technologies, Raybiztech
is the pioneer in providing innovative IT Solutions in the areas of SocialMedia, Enterprise Portals Microsoft Dynamics CRM and Windows Mobile Applications.
He has years of experience in CRM space and is
also a known speaker for his innovative ideas to enhance profits. He is an MBA
from University of Oxford.
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