Sales Funnel or Sales Channel | What It Is And How To Use It
The sales funnel is a tool that helps you visualize how users would interact with your business and what stages they go through to make a final purchase decision. However, It's not just that. A well-crafted sales funnel also offers valuable insights into your customer journey, it helps you identify gaps in your marketing strategy and can help increase conversion rates. You can take advantage of the information that emerges during the customer's purchasing trip to improve the marketing strategy and to improve your products and services. Sales Funnel consists of 4 steps: awareness(awareness), the interest(interest), the decision(decision) and energy(action). Let's see now how you can use Sales Funnel to increase your sales. These tips will help you attract new potential customers, create more dedication with your existing customers and increase the total rates of potential customers to customers to customers. Tips How To Use Sales Funnel To Increase Conversions 1.Increase Your Website Traffic The most important thing you need when optimizing a marketing strategy or sales funnel is a high volume of website traffic.. That is to say enough people in your funnel(funnel). Without a significant volume of traffic, you won't get enough information to make well-informed decisions. In addition, traffic generation serves the first stage of the sales funnel, that is, awareness. There are several ways to increase traffic to your website. Such as: Create high quality content on a regular basis: The creation of high quality, informative and engaging content is a proven way to get more traffic. A piece of well-crafted content that is better than everyone else's content is likely to rank at the top of the SERPs(search results) – resulting in free organic traffic. Search Engine Optimization: Also known as SEO(Search Engine Optimization). It's a set of factors that help your content rank higher in search engine results. Optimizing your website and pieces of content, you can gain higher positions in SERPs and get more free traffic. Sharing via Social Media: By sharing your content, you can get free traffic from social media platforms. Guest blogging: Guest blogging, hosting guest articles on your site is another way to drive targeted traffic to your site as new audiences interested in the guest writer will visit your site. Read this too: Sales Psychology | 20+1 Ways To Make Her An Ally And Increase Your Sales 2. Create an attractive lead magnet As we just discussed, driving traffic to your website is the first step to an effective sales funnel. However, even if you generate a lot of traffic it may not work without a lead magnet. What is Lead Magnet; A lead magnet is something that "pulls" the interest of visitors to your website. It helps you convert random website visitors into subscribers to your e-mail list that you can later reach out to and increase your sales. Think about what your readers really want. Subsequently, Create a lead Magnet around this topic and give it free. It's usually a free e-book, printability, On-Line Course or in general some freebie. With the help of emerging windows, you can redirect traffic from other web pages of your website to the landing page where visitors could download the lead magnet. To do this they need to subscribe to your e-mail list. So you push these random visitors to the site into your sales channel. also, Notice how well -made the destination page is(landing page) of Lead Magnet as it will be the first impression the customer will get for you. The bad content, the bad design, The lack of urging for action(call to action), Lack of menu buttons may adversely affect the original image someone has of you. 3. Promote your lead magnet Instead of sharing blog posts and other pages from your website, you can try promoting your lead magnet on different social channels and forums. This will send all traffic directly to your landing page and likely increase your subscriber count. If you have the budget for this, you can also run paid ads on Facebook and other channels to get more traffic and subscribers in a relatively short period of time. 4. Create an e-mail marketing campaign Once you have built up a significant base of e-mail leads, it's time to start a campaign. This email campaign will help cultivate leads, it will inform and educate them about your products or services while also sharing valuable information that email recipients would find useful. When designing an e-mail campaign, it is important to plan all email content and timing in advance. Sales channels should dictate part of the content. 5. Tripwire Offer Once you've started email communication you should start selling to your subscribers. There are two ways to do this: Selling your core offering, service or product or by doing a tripwire offer by segmenting your email list accordingly. The second option is a strategy that can lead to better results in the long run. What is the tripwire offer; A tripwire offer is a type of small offer, discount or coupon used to segment leads into customers who are willing to pay you. Since it is a low cost and low risk offering, people would be less hesitant to buy from you. Once they pay, get into the "buy" mindset. Their concerns can be allayed which paves the way for future transactions. This offer should have a low cost, e.g. up to €10. Possibly initially it will be a loss for the business but it will…










