lead

LEED /liːd/
nounB1IELTSTOEFL
BusinessMarketing

A person or organization that has shown interest in a product or service, representing a potential sales opportunity.

A 'lead' is the very first stage of the sales process—often just a name or email address from someone who downloaded a brochure.

The story behind the word. Derived from the idea of 'leading' someone toward a destination. In sales, a 'lead' is a person you are trying to lead through the sales funnel toward a purchase.

Word relationships

  • contact: A contact is just a person you know; a lead is a contact with potential commercial value.
  • inquiry: An inquiry is the act of asking; a lead is the person who made the inquiry.

Commonly confused with

  • prospect: A lead is unverified; a prospect has been checked and confirmed as a potential buyer.

Word family

  • leader (noun): One who guides (different sense, but same root).

Collocations

  • generate leads
  • warm lead
  • cold lead
  • sales lead

Example sentences

  • "The trade show was a huge success, generating over five hundred new leads for our software." Discussing the source of new business opportunities.
  • "The leads are weak? F*ing leads are weak? You're weak." A famous line from the film Glengarry Glen Ross regarding sales opportunities.

Memory hook

A lead is a 'clue' that leads you to a sale, like a detective following a lead in a case. Follow the lead to the deal.

When not to use

Do not confuse with the verb 'to lead' (to guide) or the metal 'lead' (pronounced 'led').

Fun facts

  • In journalism, a 'lede' (spelled differently but pronounced the same) is the introductory section of a news story intended to entice the reader.

Related words

prospect, pitch, closing

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