What is Sales funnel and how is it Evolving
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A Sales Funnel is a representation of the ideal path companies expect buyers opt to eventually become end customers.
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What is Sales funnel and how is it Evolving
- 1. What is A Sales Funnel? cloud.analogy info@cloudanalogy.com +1(415)830-3899
- 2. cloud.analogy info@cloudanalogy.com +1(415)830-3899 Introduction In this presentation, we will explore about: ● What is Sales Funnel? ● Why Sales Funnel is a must-have for your Business? ● Tips for Improving Your Sales Funnel ● Conclusion
- 3. cloud.analogy info@cloudanalogy.com +1(415)830-3899 What is Sales funnel? A Sales Funnel is a representation of the ideal path companies expect buyers opt to eventually become end customers. It is used to align marketing and sales targets, activities, and processes. A Sales Funnel is majorly about the perfect balance of point of action where marketing and sales teams get involved and play their requisite roles.
- 4. cloud.analogy info@cloudanalogy.com +1(415)830-3899 The steps of Sales funnel Awareness Interes t Evaluat e Desire Action Customer becomes aware about the product Customer shows interest in the product Evaluates the products Decides to make an offer Potential customer becomes actual customer There are 5 stages of a sales funnel:
- 5. cloud.analogy info@cloudanalogy.com +1(415)830-3899 Why Sales funnel is a must-have for your business? Accurate Sales Forecasting Enhance Conversion Rates Marketing Becomes easier Increase Sales accountabilit y Improve revenue options
- 6. cloud.analogy info@cloudanalogy.com +1(415)830-3899 Tips for improving your sales funnel ● Use different marketing channels for attracting more visitors ● Determine your marketing campaign’s effectiveness ● Update your website blog content regularly ● Add multiple call to actions (CTAs) to your website ● Interact with your customers on a regular basis ● Don’t delay, act now!
- 7. cloud.analogy info@cloudanalogy.com +1(415)830-3899 The New Marketing and Sales Funnel Awarenes s Interest Consideratio n Intent Evaluatio n Purchas e Marketin g Sales Marketin g Sales Then Now
- 8. cloud.analogy info@cloudanalogy.com +1(415)830-3899 Conclusion ● Artificial Intelligence (AI) and CRM in today’s context digital marketing have drastically changed the process of lead conversion into customers. ● It becomes increasingly important that business-to-business (B2B) sales and marketing teams are tightly aligned on a sales funnel strategy and lead generation as a whole.