Flat vector illustration of a lead magnet conversion funnel showing people dropping off at stages from offer to opt-in, email, click, and landing page

Why Your Lead Magnet Is Not Converting and How to Fix It

January 21, 20264 min read

You created a beautiful lead magnet, shared it, and waited. The signups trickled in, but the conversions you expected never arrived. Before you scrap the whole thing and start over, take a breath. Most lead magnets fail for simple, fixable reasons, not because the idea itself is bad.

The funnel that actually matters

At a very high level, someone seeing your lead magnet goes through a short journey:

  1. See the offer

  2. Opt in

  3. Open the delivery email

  4. Click the link or button

  5. Reach a landing page and take the next action (purchase, book, download, etc.)

If any of these steps breaks, the whole thing can feel like a failure. So the first step is to find where people are dropping off and focus your fixes there.

1. Check email open rates

If people opt in but aren’t opening the delivery email, nothing after that matters. Two common issues are deliverability and subject lines.

  • Deliverability problems: Emails going to spam or not being delivered will tank opens. Check your sender reputation, SPF/DKIM/DMARC, and whether your email service provider is flagging bounces.

  • Subject line clarity: A clever subject line that makes sense to you might confuse everyone else. If fewer than about 40% of opt-ins open the delivery email, test a clearer subject line.

How to fix it:

  • Run deliverability checks and confirm email authentication is set up.

  • Test a second subject line. Let a reasonable sample size go through each version to collect meaningful data.

  • Keep the sender name familiar and the preview text supportive of the subject line.

2. Check the click-through rate in the email

If open rates are healthy but clicks are low, the email content is not motivating action. Look for these common problems:

  • Too much explanation: long paragraphs that bury the next step.

  • Multiple competing links: decision fatigue reduces clicks.

  • Weak or missing call to action: readers need one clear action.

Simple fixes to increase clicks:

  • Use one action per email. Make it obvious what you want them to do next.

  • Make the benefit of clicking crystal clear. Use low-friction phrases like Download here instead of clever wording.

  • Position the call to action (CTA) early and again at the end for scannability.

3. Check the landing page copy and experience

If opens and clicks are strong but conversions are low, the landing page is the bottleneck. Visitors need consistency and clarity the moment they arrive.

Conversions are affected when there's:

  • A Headline mismatch: if the landing page headline doesn’t match the promise from the email, people feel confused and leave.

  • Too much information before the opt-in form: don’t make them work before you give them a chance to act.

  • Generic messaging: copy that doesn’t speak to a specific person will underperform. Niches convert better.

How to fix the landing page:

  • Match headline language to the email and the ad that brought them in.

  • Lead with outcomes and transformations, not features or long explanations.

  • Make the next step extremely obvious and simple.

  • Use tools like Hotjar for heatmaps and session recordings to see how visitors interact and where they get stuck.

Testing strategy: one change at a time

When you test, change only one variable at a time. That way you’ll know what actually moved the needle. For example:

  • Test subject line A vs. B keeping the email body identical.

  • If opens are good but clicks are low, test a stronger CTA in the same email.

  • If clicks are fine but conversions are low, test a headline or a shorter form on the landing page.

A quick troubleshooting checklist

  • Low opens: check deliverability and subject line clarity.

  • Low clicks: tighten email copy, reduce links, add a clear CTA.

  • Low conversions: align landing page headline, simplify steps, speak to a specific niche.

  • Use analytics and session recording tools to confirm where people drop off.

  • Iterate. Small, strategic tweaks often produce the biggest wins.

Final note: aim for progress, not perfection

Rarely does a lead magnet launch and perform perfectly on day one. Most of your best-performing lead magnets will emerge after a few rounds of testing and tweaks. Focus on alignment... the offer, the email, and the landing page must tell the same story, and keep refining.

Imperfection plus iteration equals progress. Make the next tweak, measure it, and keep going. What will your next lead magnet teach people?

As a self-proclaimed data nerd, Rebecca Bertoldi has created countless data-driven strategies for small, local businesses to tech startups to multi 8-figure global businesses. She was part of Personal Development Leader Mary Morrissey’s marketing team. Her unique experiences help her to craft compelling campaigns that connect with her clients’ audiences, increasing the brand’s outreach and profitability. 

Rebecca is passionate about marketing, which is noticeable within a few seconds of talking with her. She believes all-sized businesses deserve great marketing. And she has won awards for her work. When she’s not creating campaigns, you can find Rebecca at her home in Connecticut with her fiancé and fur babies.

Rebecca Bertoldi

As a self-proclaimed data nerd, Rebecca Bertoldi has created countless data-driven strategies for small, local businesses to tech startups to multi 8-figure global businesses. She was part of Personal Development Leader Mary Morrissey’s marketing team. Her unique experiences help her to craft compelling campaigns that connect with her clients’ audiences, increasing the brand’s outreach and profitability. Rebecca is passionate about marketing, which is noticeable within a few seconds of talking with her. She believes all-sized businesses deserve great marketing. And she has won awards for her work. When she’s not creating campaigns, you can find Rebecca at her home in Connecticut with her fiancé and fur babies.

LinkedIn logo icon
Instagram logo icon
Youtube logo icon
Back to Blog