Definition
A free resource or incentive offered to prospects in exchange for their contact information, typically email addresses. It's bribery, but the business development team prefers to call it 'value exchange.'
Example Usage
Our lead magnet is a 'free checklist' that's literally five bullet points we stretched across eight pages so it looks substantial enough to justify the email capture.
Origin
Term popularized by direct response marketers in the 1990s, became standard in digital marketing vocabulary
Fun Fact
The most downloaded lead magnets are checklists and templates, while the most ignored are lengthy ebooks that everyone downloads but nobody reads.
Source: Lead generation and content marketing terminology
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See “lead magnet” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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