Searching for the sales funnel explained.
In this post, I will share exactly WHAT a sales funnel is, and three sales funnel examples you can model from.
What is a Sales Funnel?
A sales funnel (also known as a conversion funnel) is a buying process that a business person uses to lead a prospect from a cold lead to a hot buyer. Most likely to buy a product, service, or business opportunity.
The basic idea of a sales funnel is to move a lead to a buyer.
Lead > Prospect > Buyer
Now, most newbies to this business think they don’t need one. Without an effective sales funnel in place, most will not succeed.
What Does a Sales Funnel Look Like?
There’s quite a few moving parts, and can vary from business to business.
The four foundational parts are…
The idea behind a sales funnel is to convert a percentage upfront, and engagement the rest through email within a generated email list.
A decision is made to buy only if engagement is consistent, and retention is automatically made throughout.
A successful business will always do this, and the bulk of the revenue is made in this process.
3 Sales Funnel Examples to Model
I did a training video that reveals three sales funnel examples that most businesses use. You can model, and adapt these for your business.
Watch it below…
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Disclosure: Some of the links in the post above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s guidelines “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”