A sales funnel is a consumer-focused marketing process that shows a customer’s hypothetical journey towards the purchase of a product or service.
Being open minded and creative is critical when it comes to operating and staying competitive with your business. Before you assume this isn’t for you, let us point out a few reasons to reconsider.
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Having a sales funnel starts with planning and development. Like most things, having a plan before execution is always beneficial. Using a well thought out sales funnel will ultimately increase your conversion rate. When potential customers move through your funnel and get closer to the sale, you’ll weed out the weak leads and focus on the strong ones. This will not only help you predict your sales volume, but it will also help you identify problem areas in your business or marketing plan.
Creating a sales funnel and adjusting it over time will ultimately help increase leads, increase conversions and increase sales.
According to Salesforce, a staggering 68% of companies haven’t attempted to use a sales funnel.
96% of visitors to your website aren’t ready to buy anything yet. You need a plan, and you always need to be a few steps ahead.
44% of salespeople give up after one rejection. Did you know it takes an average of 5 attempts needed to make a sale? If you’re not doing at least that…you’re doing it wrong.
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