But 99% of businesses get it wrong. Here's how to do it right.
"A lead magnet is a complete solution to a narrow problem. It's typically a lower-cost or free offer to see who is interested in your stuff."
"People interested in lower-cost or free offers now are more likely to buy a related higher-cost offer later."*
Think of it like salty pretzels at a bar:
People want transformation, not information
What most businesses do:
Result: "Another file gathering dust in their downloads folder"
📁 PDFs gather dust
"Information lead magnets are overdone... they're usually sucky fluff."
His breakthrough:
"Giving portions of service away for very specific problems"
Not PDFs. Not ebooks. ACTUAL SERVICE DELIVERY.
💎 Service > Information
Think "diagnosis"
"These lead magnets work great when they reveal problems that get worse the longer you wait."*
Examples:
Key: Draw a clear line between the problem and how much it's costing them.
Think "experience"
"You give full but brief access to your core offer. You can limit the number of uses, time they have access, or both."*
Examples:
Key: "Once they experience relief, they can't imagine going back."
Think "first taste"
"When your core offer has steps, you can give one valuable step for free and the rest when they buy."*
Examples:
Key: "Partial solution creates the itch for complete transformation."
"If you're scared of giving away your secrets, imagine the alternative: You give away sucky fluff. Then, people who might've become customers think 'this person sucks!'"*
Everyone has the same "10 tips"
More information ≠ transformation
Hormozi: "They needed entire teams delivering portions of service to each prospect. Hours per prospect."
Give away the part of your service that others charge for
Think about YOUR business...
When someone becomes a customer, what's the FIRST thing you do in onboarding? That initial audit, analysis, or assessment?
That first step - on its own - has massive value.
"It was completely unscalable... Until now"
1 person → 1 prospect → Hours
1 system → Unlimited prospects → Minutes
* Quotes from "$100M Leads" by Alex Hormozi
P.S. The free tier is actually free. Forever.
500 credits monthly. No catches.
Try it. If it works, scale it. If not, no harm done.