I see a lot of dusty HubSpot machines.

When I first look at HubSpot accounts that have been actively used in a company for a while, there is a common trend. Cobwebs.

HubSpot is so robust, and yet so many people only use a few (sometimes just one or two) of the tools. I’d really look at why you bought HubSpot in the first place if this is you. Using HubSpot Enterprise because they have a form builder does not justify the cost in 2017.

So What?

I’m here today to help surface one thing that I seen most unused that can have the greatest impact on your business. “Lead Status”

You’ve likely been using HubSpot for a while and have generated a few leads; or maybe you are using the CRM and are adding them from offline sources. The good news is that “Lead Status” is available to you.

Before we talk about what Lead Status is, let’s talk about what it isn’t.

It's not Lifecycle Stage.

Lifecycle Stage has a finite and fixed number of states (subscriber, lead, MQL, etc…). This is a finite and fixed number of states that a contact can be in that represent where they are in a perfect inbound marketing/sales funnel.

To learn more about Lifecycle Stages, here is a HubSpot Academy Project to help you get the most out of them.

OK Chris, I got it. Now what are Lead Statuses?

I’ve spent a strange amount of time thinking about the lead status. I’ve recorded two podcasts on the topic.

Lead Status is a lead management tool. It does allow you to customize the “stages” and can be used for any purpose. In my experience, the Lead Status is the status for indicating what’s next for the sales rep for this contact, rather than who the contact is, or what the contact has done on the website.

According to HubSpot Academy’s page about lead status, “The default options for the Lead Status property are New, Open, In Progress, Open Deal, and Unqualified, but this property can be customized to work with your sales team and process."

“To customize the options for your Lead Status property navigate in the CRM to Settings > Contacts > click Manage for Edit your Contact Properties or Add New Properties. Find the Lead Status property and click the gear > Edit > Edit Options. “

It can be a very powerful tool for both reps, and for marketers who need to segment their lists. When coordination between sales and marketing is difficult, marketers can remove some barriers by allowing their reps to indicate what is next for the contact, and even which contacts are a bad fit.

In this episode of HubSpot To Go I’ll discuss building smarter better lead management in HubSpot CRM with lead status stages. I suggest changing the default statuses.

www.togo.fm/wp-conten…

I even came back the following year and added another one.

www.togo.fm/wp-conten…

I hope this gives you a good primer on my thoughts on the subject.