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Doing Better with AI

Glossary AI for Business

Lead Magnet

1 min read · Reviewed 17 Oct 2026

In short

The free thing someone gets in exchange for their contact details.

In plain English

A guide, checklist, template, discount or short course given away in return for an email address. The point is not the giveaway itself but who it attracts.

A good lead magnet leads naturally to what you sell. A popular one that attracts people who will never buy is worse than none.

A real example

An accountant offering a "Year-End Checklist for Sole Traders" attracts sole traders. The same accountant offering a £50 voucher attracts people who want £50.

Why it matters

AI makes it trivial to produce a passable guide, which means the differentiator is no longer the artefact — it is whether you chose the right one. That decision needs your knowledge of who actually buys from you.

Related terms

Go deeper

Better starts with doing.

Choose something in your business you'd like to improve. Learn what matters. Work it through. Put AI to work on it. Then move on to the next thing.

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