Generating leads can be accomplished through which method?

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Prepare for ASU's MKT300 Exam 4 with engaging questions. Utilize flashcards and multiple-choice formats with helpful hints and explanations. Ace your exam!

Generating leads is a critical step in the marketing and sales process, and it can be accomplished through a variety of methods that engage potential customers. The correct choice emphasizes the diversity of strategies that can be employed, including advertising, referrals, and networking.

Advertising allows businesses to reach a broad audience and create awareness about their products or services. This can include digital ads, social media campaigns, and traditional media such as print or broadcast. Referrals leverage existing satisfied customers to introduce new prospects, which can be particularly effective as trust is often transferred from the referrer to the referred. Networking fosters relationships and connections within and outside the industry, opening doors to new opportunities and leads.

The other options present more limited or exclusive approaches. For instance, relying solely on direct mail restricts outreach and may not be as effective in today's digital landscape. Cold calling techniques are often viewed as outdated and can result in low engagement rates, making it an insufficient standalone method. Lastly, networking with only internal company employees limits potential leads to just the existing workforce, missing out on broader professional connections that could be valuable. Overall, effective lead generation requires a multifaceted approach, making the correct choice the most comprehensive option.

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