The sales funnel may only be known to some individuals. So firstly, the sales funnel is the series of steps that someone must go through to become your customer. Let us look at an example of how this thing works.
You go to purchase a piece of clothing. The first thing you do is look at the collection at a glance. You decide to take a piece out and check its quality. That's the next step in the funnel. Then you select the piece you like the most after consulting with the sales team. That's the third part of the funnel. And finally, you go to the billing counter and make the necessary payment for the item you have purchased.
This is the entire process, and that's how you reach the bottom of the funnel. So let us break it down into four steps:
- Retail store
- A general glance
- Selection of the item
- Payment and checkout
The path that prospects take is depicted in your sales funnel. Understanding your funnel can assist you in identifying the funnel's holes — the points where prospects abandon the funnel and never convert. Identifying the grey areas where you've gone wrong when the customer leaves without buying anything is important.
Knowing how to attract customers and look for what interests them is essential. Having a great product is just one thing. There's so much more that goes into making a thing perfect. Let's stick to blood and sweat for now! The only clichéd dialogue you'll see everywhere.
A sales funnel is the process you take your potential customers through before they purchase your product. It all comes down to how well you can convince your customer!
There are four important stages of the sales funnel. Let us understand that. (from top to bottom)
- Awareness
- Interest
- Decision
- Action
We can call this AIDA. Each stage requires a different strategy from you, the marketer, because you don't want to deliver the wrong message at the wrong time.
Awareness: This is the very first stage of how your customers will come to you, either through your website or a referral from someone. Your prospect learns about your company and what you have to offer.
Interest: This is when your customer becomes interested in your work, and they'll do comparison shopping, look for more options, etc. This is when you swoop in with fantastic content that aids them. Remember, do not ever force your customer. That will result in losing them. Don't push too farther. All you can do is leave it to your luck!
Decision: This is when they are ready to buy. Here try and make the best possible offer. Maybe giving a discount or a coupon code.
Action: The last step is an action where the customer acts. They buy your product or service and thereby join your company's ecosystem. But this is not the final step. Express gratitude. This will show that you're happy to have that customer on board.
Follow these simple steps and increase the visibility of your product.