what’s up to our numbers here, and welcome to another video and thank you again for supporting the comments on everything you have been living on the channel, and I really try to do my best to answer them all alright.
So if I take a little while and take a little longer, I tried to answer them just like that. Still, sometimes you know I’m actually working, you know, that thing called work. It’s pretty funny, actually. It would be best if you tried it but anyways, you know, yesterday, which was recording this video on this video.
It was a Sunday, and I had the pleasure of taking over secret rush Snapchat for the whole day, so I’ve been, you know, diving hard within the sales funnel, and different metrics that you should be paying attention to and the different things within themselves funnel.
What Makes Good Sales Funnel?
A well designed and properly executedĀ sales funnelhas four stages: awareness, interest, decision, and action. And it helps a business to convert their leads into paying customers. It’s important -and not easy – to build a great funnel.
Do Sales Funnels Really Work?
Impossible! But these days, savvy marketers have used onlineĀ sales funnelsĀ to grow their businesses and generate leads andĀ salesĀ while they sleep. And yet, some people still don’t believe theyĀ actually work. In fact, they’re actually the best tool in a marketer’s tool belt.
Sales funnel a visual description of your sales process. It allows you to determine and reflect on your customers’ actions at every stage of the buying cycle. With the help of a sales funnel, you can design a great customer experience along the customer journey.
The idea of a sales funnel dates back to 1898 when E. St. Elmo Lewis developed a purchase funnel or purchasing funnel ā a marketing model that illustrates the theoretical customer journey from the moment of attracting customers towards the purchase of a product or service.
Since then, it’s been given different names (i.e., purchase funnel, sales funnel, marketing funnel, conversion funnel), but the model stays the same, which means that it’s:
universal: it can be applied to virtually any business in any industry
timeless: times change, but the idea stays relevant
In eCommerce, for example, we use the term conversion funnel to describe the customer journey from the awareness stage (usually by driving traffic to a website through paid advertising in search engines and social media) to the conversion stage, when a website visitor becomes a customer.
You might also call it a business funnel since it allows you to plan all your sales and marketing initiatives and communication for your business model.
Whether you sell a physical product, an ebook, or an online course, a sales funnel allows you to create a clear roadmap to revenue. It helps you focus on the most critical areas of the online business:
lead generation
lead nurturing
sales
and customer satisfaction
Use the sales funnel to plan sales & marketing campaigns, find areas for improvement, and increase revenue.
“Opportunities don’t happen. You create them.” -Chris Grosser. “Success usually comes to those who are too busy to be looking for it.” -Henry David Thoreau. “Don’t be afraid to give up the good to go for the great.” -John D. Rockefeller.
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