What lead nurturing means
A contact who leaves their details is almost never ready to buy at that moment. They have downloaded a guide, signed up for a webinar or asked for information, and from there a gap opens between what they know and what they need to know in order to decide. Lead nurturing is the work of covering that gap with a considered, ordered series of messages. It is also called lead maturation.
It should be delimited against what sits next to it. Lead generation ends where nurturing begins: one obtains the contact, the other handles what happens afterwards. A regular newsletter sends the same thing to the whole list on the same date, whereas a nurturing sequence depends on the segment each person belongs to and on when they entered. Advertising remarketing pursues a similar goal in the paid channel, with its own minimum audience sizes and its own legal basis, and it works on platform lists rather than on data the person handed over directly.
It is worth separating the process from the tool. The software executes sends, stores conditions and fires rules, but the decision about what goes out, to whom, in what order and when to stop remains content work and commercial judgement. A platform without those decisions made sends everyone the same thing, only faster.