The sales funnel is each step that someone has to take in order to become your customer.
While there are lots of words used to describe different sales funnel stages, we’re going to go with the four most common terms to explain how each stage works as a consumer goes from a visitor to a prospect to a lead to a buyer.
A visitor lands on your website through a Google search or social link. He or she is now a prospect. The visitor might check out a few of your blog postsor browse your product listings. At some point, you offer him or her a chance to sign up for your email list.
If the visitor fills out your form, he or she becomes a lead. You can now market to the customer outside of your website, such as via email, phone, or text — or all three.
Leads tend to come back to your website when you contact them with special offers, information about new blog posts, or other intriguing messages. Maybe you offer a coupon code.
The sales funnel narrows as visitors move through it. This is partially because you’ll have more prospects at the top of the funnel than buyers at the bottom, but also because your messaging needs to become increasingly targeted.
Understand the 4 Sales Funnel Stages
Let’s look at each stage in the sales funnel in more detail.
This is the moment at which you first catch a consumer’s attention. It might be a tweet, a Facebook post shared by a friend, a Google search, or something else entirely.
Your prospect becomes aware of your business and what you offer.
When the chemistry is just right, consumers sometimes buy immediately. It’s a right-place, right-time scenario. The consumer has already done research and knows that you’re offering something desirable and at a reasonable price.
More often, the awareness stage is more of a courtship. You’re trying to woo the prospect into returning to your site and engaging more with your business.
When consumers reach the interest stage in the sales funnel, they’re doing research, comparison shopping, and thinking over their options. This is the time to swoop in with incredible content that helps them, but doesn’t sell to them.
If you’re pushing your product or service from the beginning, you’ll turn off prospects and chase them away. The goal here is to establish your expertise, help the consumer make an informed decision, and offer to help them in any way you can.
The decision stage of the sales funnel is when the customer is ready to buy. He or she might be considering two or three options — hopefully, including you.
This is the time to make your best offer. It could be free shipping when most of your competition charges, a discount code, or a bonus product. Whatever the case, make it so irresistible that your lead can’t wait to take advantage of it.
At the very bottom of the sales funnel, the customer acts. He or she purchases your product or service and becomes part of your business’s ecosystem.
Just because a consumer reaches the bottom of the funnel, however, doesn’t mean your work is done. Action is for the consumer and the marketer. You want to do your best to turn one purchase into 10, 10 into 100, and so on.
In other words, you’re focusing on customer retention. Express gratitude for the purchase, invite your customer to reach out with feedback, and make yourself available for tech support, if applicable.
KNL Productions Funnel
We build funnels on your website following the principles above. We’ll need to look at your business goals, any existing channels/content and build this into a full funnel system. All you’ll need to do is create content, the rest is automated or part of a process.
A selection of plugins, 3rd party apps and heaps of experience enable us to create a working funnel which in turn, brings leads and new clients into your business.