An old red horseshoe magnet on a desk, covered in a tangle of paperclips, pins and screws.
Growth & Funnels
Reading time:
~ 4 min
Author:
Ela Alptekin

Your lead magnet is choosing your customers

A lead magnet isn't just content. It's a filter. Whatever you give away decides who raises their hand, and a generic one fills your funnel with people who were never going to buy.

Most teams treat a lead magnet as content.

Something useful to give away in exchange for an email address. A checklist. A guide. A template.

But a lead magnet isn't really content. It's a filter.

Whatever you give away decides who raises their hand.

The wrong magnet attracts the wrong people

A broad lead magnet gets big numbers. Anyone can use a general productivity checklist, so anyone downloads it.

A narrow one gets fewer downloads, and a very different kind of person.

Imagine a product built for law firms struggling with client intake. Its lead magnet is a five-step blueprint for streamlining legal client onboarding. Almost nobody outside a law firm would want it. That's the point. Nearly every download is a potential buyer.

Why teams choose the wrong one

Broad magnets produce big numbers, and big numbers are easy to report.

A narrow magnet feels like leaving leads on the table. It isn't. It's leaving out people who were never going to buy, before you pay to nurture them.

And that cost is real. Every wrong person in the funnel takes nurture emails, sales time and attention away from the right ones.

Build a magnet that filters

Start with the buyer, not the topic. Who signs the contract, and what problem keeps them up at night?

Make it specific enough to exclude people. If anyone could use it, anyone will download it.

Match it to what you sell. The magnet should be the first step towards the problem your product solves, not a detour.

Measure what happens after the download. Not how many people took it, but how many became qualified conversations.

The lead magnet that looked like a success

I worked with a SaaS company whose lead magnet looked like a marketing success story.

It was a broad productivity checklist, and it had generated thousands of downloads. The team was pleased with the numbers, and at first glance, there was no obvious reason to change it.

Then we looked at what happened after the download.

Most of the people coming through weren't the company's target buyers. They were small-business owners, students, freelancers and people looking for general productivity advice. The nurture list was growing, but qualified conversations weren't growing with it. The sales team was spending time sorting through leads that had never been realistic prospects.

So we changed the question from "How do we get more downloads?" to "Who do we actually want to download this?"

The replacement was much narrower: a practical guide focused on the specific operational problem the software solved for its target customers. Downloads dropped significantly.

The lead quality didn't.

A much higher proportion of the people coming through matched the ideal customer profile and had a problem the sales team could actually help them solve. The marketing numbers looked smaller, but the funnel became more commercially useful.

The old lead magnet hadn't failed at generating leads.

It had been too successful at attracting people who weren't going to buy.

Whose desire

Funnels don't create desire. They catch it.

Your lead magnet decides whose.

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