Lead refers to a person or entity that has shown interest in a company's product or service, potentially becoming a future client.
Example: A software company specializing in accounting tools participates in a business conference. During the event, they engage with various attendees, collect contact information from those interested in learning more about their products, and conduct brief demonstrations. One of the businesses they interact with, a retail company looking for improved accounting solutions, requests a follow-up meeting to discuss potential integration. This retail company is considered a lead, as they have demonstrated interest in the software company's products, creating an opportunity for a sales relationship.
Understanding lead helps businesses tailor their marketing and sales efforts more effectively, guiding strategy to convert interest into actionable sales, ultimately impacting the business's growth and revenue generation.