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What the F is a lead magnet?
A lead magnet is probably one of the most important things that you offer your ideal audience as a health coach. It can also be called a freebie or a free opt-in - basically it's something that you offer to your ideal audience of high value in exchange for their email address so you can build your email list. Unfortunately, not all lead magnets are made the same. Some of them work, and some will fail. In my new video I'm going to teach you the five highest converting lead magnets for health coaches.
My five years of running a business, I've created a ton of lead magnets, but what worked when I first started out doesn't work very well today. These days, my lead magnets have a very high conversion rate and I have easily built my email list without ads by about 10 to 15 subscribers per day.
Before we consider which types of lead magnets work and which ones don't, we really need to consider how humans interact in the modern world. In 2019 people are busy AF. They describe themselves as busy, they wear a ton of hats, they have a ton going on at all times. You might even call them a bit distracted. What that really means is that people overextend themselves and they really lack free time, so if your lead magnet is going to bring new leads onto your email list, your lead magnet needs to align with today's busy world.
So first off, your lead magnet needs to be short and easy to consume. When I first started marketing online, e-books were a big thing. You could offer a free e-book and people would opt in, and there was a chance that they might actually read the entire e-book. E-books don't work anymore. Those are pretty outdated, and the reason is because of how people interact in their lives. They have a million things going on at all times. So if you offer a 30 or 50 or a hundred page e-book, people are going to feel pretty overwhelmed by that, and they might not even opt in to begin with. The chances of them actually finishing that e-book and getting to the end of it are slim to none. And remember, you actually do want people to complete your lead magnet. You really want to see all the value you can give. You want them to get all that great information, and of course you also want them to get to the end where you say, "Hey, if you like this information, you maywant to book a free call or join my group program."
So your lead magnet shouldn't take the reader longer than 5 to 10 minutes to actually get through it. Once you complete your lead magnet, read through it and time yourself. If it takes you longer than 10 minutes to get through it, it's too long and people aren't going to get there, so you should edit it down to hit that 5 to 10 minute mark.
Next, your lead magnet has to be super, super juicy. There's a good chance this is the first time this person is actually coming into contact with you and what you offer, so it needs to reel them in, and it needs to prove to them that you are worth following and worth paying attention to.
So with the lead magnet, it can be really good if you tell them something that they didn't know before, and of course this does rely on knowing who your audience member actually is. If you have people who are super new to their health, then teaching them something basic like to drink clean water and eat breakfast, might be something they haven't heard before. But if your audience are further along in their health journey, then they know to eat breakfast and drink clean water, so you'll need to beef it up and tell them something that they haven't heard before. It does come down to knowing who you're talking to.
The next thing you can do is offer them a quick win, so something that they can implement quickly that will get them a quick result. Imagine if they read your lead magnet, they did something that you told them to do, and then they actually got a result! They felt better, they had less brain fog, they had more energy, they felt better after waking up from a night's sleep. That would make them want to pay attention. That would really prove to them that you were someone to follow.
So what kind of lead magnets work best? There are five that tend to work the best in the health and wellness industry.
1) Cheat sheet
A cheat sheet is a very edited down version that kind of gives some quick information that they can refer to. Maybe it would be a quick energy cheat sheet. It would be a list of a few things that help them get more energy in any given day.
Checklists convert super well because people love something they can check off. A checklist is quick and easy to consume, plus it doesn't take you that long to make. You don't want to be spending days and days and days making a lead magnet. It shouldn't take you that long to make. Maybe it's a bedtime routine checklist because you're niche is sleep so they can actually check off all the things that they should do before bed in order to get a good night's sleep.
3) Quick guide
This is like the e-book idea, but edited down to be very, very quick. I love calling it a quick guide because it tells people up front that you don't need them to commit much time to actually get the information. So if you do have an e-book out there, edit it down, turn it into a quick guide, and make sure it only takes 5 to 10 minutes to consume.
4) Short video/short video series
Remember people have short attention spans, so you don't want to make it too involved, but a quick 10 to 15 minute video or maybe a quick video series that includes 3-5 minute videos, that can be a really good way to teach your ideal client about what they need to learn about first before they eventually want to take the step and start working with you.
5) Case study
I find this works really well for health and wellness. If you've had great results with clients and those people are willing to share their results with your people, you can create a case study. Maybe you go through one or two case studies where you show them, this person came to me with XYZ problem, this is what we did, and after this amount of time, this is the result they got and this is their testimonial.
Now go create your high quality lead magnet and let those email subscribers roll on in!