The Sales Funnel

The Sales Funnel

The Sales Funnel is a model that describes the journey a person takes from being a casual internet user to becoming a paying customer. It's a process of gradually narrowing down a large group of people into a smaller group of buyers.

The Stages of the Funnel

  1. Awareness: A person sees your URL, whether through a link, an ad, or a search result.
  2. Interest: They click the link and become a visitor to your website.
  3. Consideration: They stick around long enough to engage with your content and become a prospect. This is often marked by an action, such as signing up for a mailing list.
  4. Conversion: They are convinced that your product is the right solution for them and make a purchase, becoming a buyer.

The Reality of the Funnel

It's important to understand that you will lose the majority of people at each stage of the funnel. Most people who see your URL will not click it, most who visit your site will not become prospects, and most prospects will not become buyers.

The goal is not to convert every single person, but to optimize each stage of the funnel to maximize the number of people who move on to the next stage. This involves a continuous process of testing and refinement. It's also crucial to recognize that most customers will not go through the entire funnel in a single visit. It often takes multiple interactions with your brand over time to build the trust and confidence needed to make a purchase.