Why Every Business Needs a Sales Funnel + Reasons why you don’t have yours yet…🙃
Join us live as Ty Duran, CEO of ConvertPages dives deep about WHY every business needs a sales funnel.
This is the first webinar of 4-part webinar series 👇 :
1) Why Every Business Needs a Sales Funnel & Reasons Why You Don’t Have Yours Yet
2) Creating Your Offer & Choosing The Correct Online Sales Funnel For Your Business
3) The “Little-Known” Secrets For Making Your Sales Funnels Work Long-Term & Predictably
4) Step-By-Step Guide For Creating Your Sales Funnel in ConvertPages + Huge Q&A
Have FUN! #SalesFunnel
So, Why do you actually need a Sales funnel? 👀
Answer: Your sales funnel illustrates the path website visitors take before purchasing items.
Understanding your sales funnel can also help you find the holes in the funnel — the places where visitors drop out and never convert.
If you don’t understand your sales funnel, you can’t optimize it. We’ll go into the specifics of how the funnel works below, but for now, understand that you can influence how visitors move through the funnel and whether they eventually convert.
That’s called marketing. But it’s specific, targeted, and specially designed for your target customer.
The typical sales funnel is divided into multiple steps, which differ depending on the particular sales model. One of the most common ways of dividing a sales funnel possesses seven phases including:
Awareness Phase – in which prospects become aware of the existence of a solution.
Interest Phase – in which prospects demonstrate interest in a product by conducting product research.
Evaluation Phase – in which prospects or prospect companies examine competitors’ solutions as they inch toward a final buying decision.
Decision Phase – In which a final decision is reached and negotiation begins.
Purchase Phase – in which goods or services are purchased.
Reevaluation Phase – in B2B sales it’s common for offerings to involve contracts that need to be renewed. As a customer becomes familiar with an offering, and especially as a contract draws to a close, a customer will enter a reevaluation phase during which they’ll decide whether or not to renew their contract.
Repurchase Phase – in which a customer repurchases a product or service.
Both marketing teams and inside sales managers commonly adopt strategies, tools, and tactics aimed at optimizing each stage of their sales process.
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