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The Sales Funnel For Effective Online Marketing

Apr 26

For a long time the sales funnel has been integral to traditional business and marketing. However lately it seems to me that the subject of funnels being used to promote Internet business is appearing everywhere on the web.

The truth of the matter is that folks are eager to learn more about this concept of marketing and the best way to use it in their online business marketing efforts. Read on to know more about the sales funnel for Internet marketing success.


The Sales Funnel: What exactly is it?

A marketing funnel isn't an actual funnel. For this marketing concept using funnel is to visual describe the process of selling from beginning to the conclusion. The funnel provides a clear comparison because it allows potential customers to "Unqualified potential customers" on the top, and more narrow opportunities for sales conversions at the lower levels.


https://www.youtube.com/watch?v=jWjOkoo3ZT0

We may call these "unqualified prospects" at the top or at the beginning of the funnel. They are those who may require your services or products however haven't been contacted by you before. There will be a lot of offers and sales activities in the future, and you'll also have customers who've purchased your product/service.

Another reason a lead-generation funnel concept is so effective is the fact it lets you track potential customers at various levels of the sales process. Using the sales funnel through figuring out the quantity of prospects who are qualified at each point of the process, it is possible to predict the amount of potential customers that will eventually become actual customers.

A sales funnel will aid you in determining the areas where your sales strategy is failing or successful, or whether your campaign is not getting enough customers. This will allow you to choose exactly the areas you need to concentrate your efforts and to maintain sales at the required level, as well as, to fulfill marketing goals. It can be used to manage and gauge the sales process of your customers.

The top of the Sales Funnel Front - End

The most important part of your sales funnel will require the most constant testing and will be the most engaged. There are literally no end of front-end concepts. Your imagination and your resources are the only limitations.

The main objective of the front-end is going to be to attract potential clients and turn to buyers later in the sales process.

A prospective client will be "qualified" when they sign up to your product or service. This is when the potential customer, also known as an "Unqualified Prospect", becomes a qualified lead. They have taken action that shows that they may be interested in the product or service you offer.

Your front-end should be able to drive targeted traffic to your website or blog. PPC adverts, article marketing, banners, PPC advertisements, social media (Google+ Twitter Facebook YouTube), YouTube banners, blog posting forums, and many other sources are some of the most effective techniques and sources.

There are a variety of ways to "qualify" an "unqualified potential customer. A squeeze page is among the most effective methods to "qualify" the unqualified prospect. It lets you offer something of value that is related to your products or service, which customers can get for free or at a greatly discounted price in exchange for the email address they provide. You can choose from newsletters and related reports, as well as video and e-mail course.

It is clear that the front-end is where people are attracted to your sales funnel. The back-end is what we need to focus on.

 

The Bottom of The Funnel: The Back-End

The back or bottom of your sales funnel is the place where the majority of profits and sales are made. You will usually find the higher-priced products there. They are all suitable for the same audience, but they are offered in various formats, such as video, audio and live interactions.

The primary difference between the front-end and the back-end is regarding the type of client and the cost of the product or service that is being provided.

Although it is the case that only 1% of those who enter your front-end will be able access your back-end, this small percent may not be of any significance. This is because a select few people will spend a larger amount of funds.

Front-end products and services might be priced at less than $100 but back-end services, products and products typically cost between 100 and 1000 dollars. This makes the top of the funnel, or back-end, the main source of income for your Internet business. It's also the most predictable and stable area in the sales process.

Like I said, the sales funnel may be as easy or complex as your imagination or resources allow.

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