SlideShare a Scribd company logo
1 of 9
Download to read offline
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 1/9
Home  Top Articles
TOP ARTICLES
What is Funnel Marketing ?
By DigiVaibhav July 8, 2021  0
 483
If You are also not sure What is funnel Marketing ? and How to create a Marketing Funnel than go through this
artical, It will resolve all your doubts.
A marketing funnel is a plan that plots a prospect’s path from brand awareness to purchase decisions and it even
goes upto the post-purchase stage.
This model provides marketers with detailed insights related to the behaviour and that information gives them
guidance on how to close the deal and build relationships with buyers.
Here are some negative situations to associate with your business during a customer’s buying journey:
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 2/9
You have a great website with great products, but people don’t know your company.
Your website is receiving positive traffic, but the revenue is still low or visitors are not taking any
action.
Visitors start engaging with your brand but lose interest and never return.
Your customers take action, even add items of their choice to their shopping cart and then
discard them
Customers only buy once from your store
Each situation belongs to a level of the marketing funnel. The funnel can help you structure your customer journey
across different channels so that you can solve any problems that lead to the failure of the sale.
A well-designed funnel enables you to identify when and where to connect with your customers in order to
generate ongoing engagement. Optimize your marketing efforts and develop personalized plans for each stage of
the funnel.
You need to employ various marketing tactics to keep visitors engaged with your brand until they make a purchase
decision and beyond.
Understand the stages of a marketing funnel
Today in the modern marketing world there are several approaches when it comes to the conversion funnel.
There is no such thing as an exact and perfect model.
Defining the marketing funnel is just the foundation of understanding and creating the right funnel for your
business. The number of stages in the marketing funnel depends on your goal and, most importantly, the behaviour
of your customers. Because of this, the marketing funnel illustrates a buyer’s journey.
2 common approaches in Funnel Marketing are:
The AIDA model (the traditional funnel)
The modern marketing funnel
Traditional marketing funnel
If you’ve learned or become interested in marketing, you’ve probably heard of the AIDA model, which identifies the
cognitive phases people go through during the buying process.
AIDA is typically used as the foundation for sales and marketing funnels because they are both based on the same
theory. That said, consumers go through a number of stages before making a final purchase of a product or service.
According to the AIDA principle, a main marketing funnel looks like this:
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 3/9
Attention: Customers know the brand and its products. Usually, this awareness comes mainly
from advertising.
Interest: Customer interest is growing and potential customers learn more about the benefits
they can get from the brand, the products and how it fits their lifestyle.
Desire: Once the consumer becomes interested in the product or service, the aim is to get the
consumer to want it by changing their mindset from “I like it” to “I want it”.
Action: The ultimate goal is to get the recipient of the marketing campaign to take action and
buy the product or service.
Modern marketing funnel
Some can keep it simple and divide the funnel into a top, middle, and bottom tier.
However, some of the most important steps for today’s global marketing funnel include these steps.
Awareness: the highest level in the marketing funnel. A future customer gets to know your company through
marketing campaigns. New prospects entered the lead management system
Benefit: Potential customers learn more about the brand and its products / services. Marketers can nurture leads
through email, more industry-specific content, brands, newsletters, and more.
Consideration: prospects become qualified prospects or prospects; See more activities related to this brand.
Companies can send potential customers more product information via automated email while providing them with
targeted content.
Intent: Prospects show interest in buying from your store. An opportunity for businesses to show why their product
is the best option for a buyer.
Evaluation: Buyers make the final decision whether to buy from you or not. This is where marketing and sales work
together to drive the decision-making process and convince them that your branded product is what customers
are looking for.
Purchase: Where a potential customer makes the decision and becomes a customer. Here the sales department
takes over the purchase process.
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 4/9
Non-linear funnels
The reason is that customer behavior has changed dramatically over the years, some marketers argue that the
traditional funnel is no longer relevant.
why?
Because, the buying process is not linear.
In the AIDA model, the leads run from top to bottom into the funnel. However, the new approach of the modern
marketing funnel suggests 2 things:
Potential customers can enter the funnel at different stages, not always from the top of the
funnel.
Which Means, A customer can be a referred or he has already decided that they want to buy a product from a
particular brand. In this case the initial stage of his interaction with the company could be the Intent Stage.
The lead can be generated yourself without any campaign effort.
CEB reports that B2B customers go through 57% of the funnel alone before finding sales. This happens because
access to information has increased due to technological advances.
Second, I think that instead of the linear model, the circular model is much better suited to demonstrate the
modern shopping process and explain why it can feed.
A positive buying experience can lead to subsequent recommendations that lead to the top of the marketing funnel
to make this clear. The process starts all over again.
Take a look at the following McKinsey model of the consumer decision-making process.
Marketing and Sales Funnels: What’s the Difference?
Many people may think that the two terms “marketing funnel” and “sales funnel” are one and the same and use
them interchangeably.
This thought is true, but not exactly the same.
There’s a fine line between a marketing funnel and a sales funnel. And the most significant difference arises from
the context of use.
Basically, the nature of sales and marketing is divided into two different functions. Each reflects a unique journey
map, although both represent a prospect’s progress.
Marketing funnel:
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 5/9
Its functionality is to create both interest and brand awareness.
The bottom of the marketing funnel marks the top of the sales funnel.
Take customers from attention stage to engagement stage
Focus on generating and driving leads through content marketing
Sales funnel:
These are sales tactics that turn customer interest into consideration and ultimately into sales.
Lie on the narrow end of the conical marketing funnel
The goal is to close the deal
Sales and Marketing Funnels: What’s the Difference?
However, I mentioned one thing above: the conversion funnel can be modified based on your company’s initial
needs and objectives.
Some see the funnel split vertically, and sales and marketing owninig the entire funnel.
Sales are believed to control the entire funnel as salespeople increasingly become thought
leaders to raise awareness through contacting them.
Another party argues that driving prospects through marketing tactics throughout the buying
process is more important than the impact the digital world has on shopper behavior.
Each has its meaning. However, we don’t have what is called the “perfect marketing funnel”. Customizing your
funnel to suit your users’ personalities will make it more efficient.
Here are some of the top reasons a marketing funnel is essential:
Strategy Determination Aid: Analyzing and building a marketing funnel allows you to delve deeper into a customer’s
mind and understand the roots of their actions. So, you know what tools and strategies you can use to keep them
busy.
Create Consistency – All marketing activities in each phase are planned early and work in a complete system with
the ultimate goal – converted leads
Be Measurable – The Funnel tracks your process and identifies weaknesses in your marketing and sales systems
that are causing you to lose customers. You can therefore twist and change your strategies
Increase conversion rate – The funnel filters out all non-targeted visitors. With the right marketing tactics, you can
limit the number of visitors to your website just to target your ads to those who are most likely to convert.
Generate more sales – The most important competitive advantage always starts with knowing your customers.
With every step of your shopping journey, your needs and desires change. Being able to identify your marketing
funnel allows you to nurture prospects until they’re ready to buy
Time and Efficiency – By planning all activities ahead for each stage of the funnel, you can automate your
marketing efforts. You can save a lot of time and resources to get better results
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 6/9
Customer Loyalty – A post-purchase marketing activity plan will help you retain customers and keep them coming
back from time to time
How do you create a powerful marketing funnel?
Step 1: understand your audience
What do you think of when you look at these stats from the Marketo Engagement Gap Report?
61% of marketers believe they can easily interact with the right content.
56% of consumers want businesses to focus more on content that meets their needs and can
solve their problems.
51% of consumers say brands send them a lot of irrelevant content.
So what’s the problem here?
Many companies do marketing but lack information about customers. In other words, some don’t really understand
what their customers want and need.
You have to sell what customers need, not what you have.
For this reason, knowing your target audiences and personalizing your marketing strategies are the keys to the
success of your funnel marketing.
6 ways to better understand your audience:
Find and analyze all current customer data
Evaluate your competitors
Create customer personas
Get to know your audience personally
Use research and social marketing tools
Monitor feedback, comments, and audience participation
To ensure that you are running an effective funnel with engaging and relevant content, invest time and resources in
conducting a high-quality audience analysis.
Step 2: Determine the number of stages in the marketing funnel
As I said below, your customers don’t necessarily go through all stages of the modern funnel.
Once you have a thorough understanding of a buyer’s typical customer journey, you can determine the different
stages of your conversion funnel. After all, a marketing funnel is just one way to point more people in the right
direction.
Different customer segments have different buying journeys. They form the basis for designing the stages of your
marketing funnel.
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 7/9
Regardless of what your funnel will look like, there are 3 main steps to a well-structured funnel:
At the top of the funnel: all about increasing your company’s visibility. People here are not ready
to buy from you. In practice, it looks like someone is reading a blog post that you wrote or noticed
in a review video.
Right in the middle of the funnel: If you build enough trust, people will be interested in what you
do and offer. It should deliver more value than your website visitors are willing to provide you with
just contact information. Convert them into leads.
At the bottom of the funnel: Your job is to present your offer in a compelling way that will get
prospects to take responsibility and take action. This part is more about sales tactics than
marketing.
Building a funnel is simply the process of building an automated system where each step has the incentives to
guide people through the funnel.
Step 3: Choose tactics for each step of the funnel
This will help you build your marketing funnel, from paper plans to reality.
Think about the tactics and channels you want to use and the types of content for each stage of the funnel you just
created.
I’m going to list some tactics you can use for each step of your funnel.
In the awareness and interest phase, you need to consider lead generation. Create a landing page, create a lead
magnet, and drive traffic to your page.
To present your company to the target audience, you can use:
SEO and blogging to get organic traffic and drive it to your website.
Social media and YouTube to drive more social traffic to your web content that addresses
customer issues.
Paid emails and advertising campaigns aimed directly at specific groups of people.
Brand awareness influencers to reach more people
As customers begin to take your brand and options seriously, your offerings should be special and unique from the
competition.
To do this, keep using the marketing tactics above, but change the content and goals used (which I will mention
later).
In addition, there are some critical points for your marketing strategy in this second step:
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 8/9
Keep producing great content – your focus shouldn’t be on selling too much, but on other
valuable information about your industry, market, and customer concerns.
Testimonials & Reviews – Display testimonials to help build trust between customers and your
company
Create Parent System – This is a series of emails that will convert your prospects into paying
customers. Email marketing remains a powerful and multifunctional tool that shouldn’t be
missed.
In the evaluation and purchase phase, the selling elements take over. This is where you need to
put the final nail in the coffin and make sure potential buyers end up making a purchase.
At this stage, depending on your niche and customer segmentation, you can apply in different ways:
Urgency – Temporary offers can be used to create a sense of urgency and are known to be an
effective method of selling.
Rarity: has the same result as urgency. The scarcity of their supply has made many retailers want
customers to own something.
Free Product Tests and Demos – Selling software or add-ons, etc. gives your buyers a chance to
test your features and feel the value of the things you are offering.
Remarketing Strategy: Focus on targeting people who visited your website or engaged in your
brand but made no purchase.
Personalized Offers and Discounts – Incentivize customers to shop in your store
Step 4: create content for each part of the funnel
Modify and tweak your content at every stage of the funnel to achieve your goals.
For the awareness phase, you not only attract an audience, but also give them a solution. Therefore, all content
should be valuable and informative, with an emphasis on solving or answering customer questions or concerns.
The scope of your content should be broad and cover the topics of your industry, your market and your customers.
Moving on to the second phase, if you want to engage your audience more and connect the customer’s solution to
your product or service, your content can highlight unique characteristics and compelling incentives.
In the final stage, in order to close the sale, your content needs to have much stronger incentives than before and
create a sense of urgency or scarcity. The content of your advertising material or emails should immediately inspire
readers to buy.
Step 5: create a branded community
The ultimate goal of nurturing existing customers is always to convert your existing customers into advocates.
Once the tactic and strategy you’ve chosen work, you need to start building a community around your brand to
ensure continuity.
9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners
https://digivaibhav.com/what-is-funnel-marketing/ 9/9
By leveraging blog posts, podcasts, user generated content, and more, you can generate more new leads for your
marketing funnel. Or even an outside recommendation that has nothing to do with the brand can have a huge
impact on prospects.
Give existing customers a reason to come back for their second purchase and more. In this way, your marketing
funnel can be built up and further developed in a sustainable manner.
Step 6: track the changes
When you have completed all of the tasks to create a full funnel it doesn’t mean your job is done as the market is
constantly changing.
You need to keep track of all of these changes and tweak your marketing funnel to make it more flexible and
competitive on a daily basis.
To do this, you need research and a clear understanding of what drives the customer to connect with your brand.
Additionally, the whole point of optimizing your funnel is to draw more people into the funnel, push more down, and
ultimately make them advocates.
For any change you make, monitor the following location data to determine its success. This allows you to compare
the feasibility of different versions of your funnel. Therefore, any change can guarantee to generate the highest
profitability.
It’s your turn!
I think after reading this article, you can use the marketing funnel in your business for the most satisfactory results.
While you won’t hire everyone to visit your website, it’s normal to lose people during the funnel and promotion
process. And everything new needs a beginning.
It is time to apply your knowledge!
Read More Articles:
YouTube Marketing 2021
Best Affiliate Marketing Networks

More Related Content

What's hot

Successful Sales Planning
Successful Sales PlanningSuccessful Sales Planning
Successful Sales PlanningJoe Gelata
 
Sales Planning 101
Sales Planning 101Sales Planning 101
Sales Planning 101Matt Haller
 
Belch 10e ch16_ppt
Belch 10e ch16_pptBelch 10e ch16_ppt
Belch 10e ch16_pptkpatric
 
Go-to-market Framework
Go-to-market FrameworkGo-to-market Framework
Go-to-market FrameworkDemand Metric
 
What is Sales funnel and how is it Evolving
What is Sales funnel and how is it EvolvingWhat is Sales funnel and how is it Evolving
What is Sales funnel and how is it EvolvingCloud Analogy
 
Drive Growth With An ABX GTM Strategy
Drive Growth With An ABX GTM StrategyDrive Growth With An ABX GTM Strategy
Drive Growth With An ABX GTM StrategyDemandbase
 
PR Smith's SOSTAC ® Integrated Digital Marketing Plan
PR Smith's SOSTAC ®  Integrated Digital Marketing Plan   PR Smith's SOSTAC ®  Integrated Digital Marketing Plan
PR Smith's SOSTAC ® Integrated Digital Marketing Plan PR Smith
 
How to define your brand positioning
How to define your brand positioningHow to define your brand positioning
How to define your brand positioningBeloved Brands Inc.
 
Performance Digital Marketing Stack 2019
Performance Digital Marketing Stack 2019Performance Digital Marketing Stack 2019
Performance Digital Marketing Stack 2019Indus Net Technologies
 
Build Your Own Marketing Funnel
Build Your Own Marketing Funnel Build Your Own Marketing Funnel
Build Your Own Marketing Funnel TheoRuby
 
Building A Brand Foundation
Building A Brand FoundationBuilding A Brand Foundation
Building A Brand FoundationMM Brand Agency
 
Developing marketing strategies & plans chap2 (f.untalan)
Developing marketing strategies & plans chap2 (f.untalan)Developing marketing strategies & plans chap2 (f.untalan)
Developing marketing strategies & plans chap2 (f.untalan)Notre Dame De Chartres Hospital
 
Creating a Successful Sales Plan - Slideshare Edition
Creating a Successful Sales Plan - Slideshare EditionCreating a Successful Sales Plan - Slideshare Edition
Creating a Successful Sales Plan - Slideshare EditionDeborah L. Brown Maher
 
Marketing Plan Final
Marketing Plan FinalMarketing Plan Final
Marketing Plan Finalleilajannati
 

What's hot (20)

Successful Sales Planning
Successful Sales PlanningSuccessful Sales Planning
Successful Sales Planning
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
 
Sales Planning 101
Sales Planning 101Sales Planning 101
Sales Planning 101
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
Belch 10e ch16_ppt
Belch 10e ch16_pptBelch 10e ch16_ppt
Belch 10e ch16_ppt
 
Go-To Market Plan
Go-To Market PlanGo-To Market Plan
Go-To Market Plan
 
Go-to-market Framework
Go-to-market FrameworkGo-to-market Framework
Go-to-market Framework
 
Trade Marketing
Trade Marketing Trade Marketing
Trade Marketing
 
What is Sales funnel and how is it Evolving
What is Sales funnel and how is it EvolvingWhat is Sales funnel and how is it Evolving
What is Sales funnel and how is it Evolving
 
Imc
ImcImc
Imc
 
Drive Growth With An ABX GTM Strategy
Drive Growth With An ABX GTM StrategyDrive Growth With An ABX GTM Strategy
Drive Growth With An ABX GTM Strategy
 
PR Smith's SOSTAC ® Integrated Digital Marketing Plan
PR Smith's SOSTAC ®  Integrated Digital Marketing Plan   PR Smith's SOSTAC ®  Integrated Digital Marketing Plan
PR Smith's SOSTAC ® Integrated Digital Marketing Plan
 
How to define your brand positioning
How to define your brand positioningHow to define your brand positioning
How to define your brand positioning
 
Performance Digital Marketing Stack 2019
Performance Digital Marketing Stack 2019Performance Digital Marketing Stack 2019
Performance Digital Marketing Stack 2019
 
Brand Plan template
Brand Plan templateBrand Plan template
Brand Plan template
 
Build Your Own Marketing Funnel
Build Your Own Marketing Funnel Build Your Own Marketing Funnel
Build Your Own Marketing Funnel
 
Building A Brand Foundation
Building A Brand FoundationBuilding A Brand Foundation
Building A Brand Foundation
 
Developing marketing strategies & plans chap2 (f.untalan)
Developing marketing strategies & plans chap2 (f.untalan)Developing marketing strategies & plans chap2 (f.untalan)
Developing marketing strategies & plans chap2 (f.untalan)
 
Creating a Successful Sales Plan - Slideshare Edition
Creating a Successful Sales Plan - Slideshare EditionCreating a Successful Sales Plan - Slideshare Edition
Creating a Successful Sales Plan - Slideshare Edition
 
Marketing Plan Final
Marketing Plan FinalMarketing Plan Final
Marketing Plan Final
 

Similar to What is funnel marketing

The Marketing Funnel Strategy -2022.pdf
The Marketing Funnel Strategy -2022.pdfThe Marketing Funnel Strategy -2022.pdf
The Marketing Funnel Strategy -2022.pdfqrsolutionsindia
 
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]StuartJDavidson.com
 
Why sales funnel is important in affiliate marketing
Why sales funnel  is important in affiliate marketingWhy sales funnel  is important in affiliate marketing
Why sales funnel is important in affiliate marketingIlesanmiDare
 
Customer marketing-how-to-keep-customers-coming-back-for-more-marketo
Customer marketing-how-to-keep-customers-coming-back-for-more-marketoCustomer marketing-how-to-keep-customers-coming-back-for-more-marketo
Customer marketing-how-to-keep-customers-coming-back-for-more-marketoJacob Trần
 
Future of Digital Marketing (1).pdf
Future of Digital Marketing (1).pdfFuture of Digital Marketing (1).pdf
Future of Digital Marketing (1).pdfDigtalKamal
 
Five stages of sales funnel and why you should have it
Five stages of sales funnel and why you should have itFive stages of sales funnel and why you should have it
Five stages of sales funnel and why you should have itVikram3859
 
Old & New Digital Marketing Funnel How to Create in 2022.pdf
Old & New Digital Marketing Funnel  How to Create in 2022.pdfOld & New Digital Marketing Funnel  How to Create in 2022.pdf
Old & New Digital Marketing Funnel How to Create in 2022.pdfAbdussalamChughtai
 
Lifecycle marketing
Lifecycle marketingLifecycle marketing
Lifecycle marketingAdCMO
 
Electronic marketing mix strategies
Electronic marketing mix strategiesElectronic marketing mix strategies
Electronic marketing mix strategiesgaurav jain
 
The B2B Full-Funnel Marketers Handbook
The B2B Full-Funnel Marketers HandbookThe B2B Full-Funnel Marketers Handbook
The B2B Full-Funnel Marketers HandbookMohamed Mahdy
 
What are Digital Marketing Funnels?
What are Digital Marketing Funnels?What are Digital Marketing Funnels?
What are Digital Marketing Funnels?PPCexpo
 
ALL ABOUT DIGITAL MARKETING.pdf
ALL ABOUT DIGITAL MARKETING.pdfALL ABOUT DIGITAL MARKETING.pdf
ALL ABOUT DIGITAL MARKETING.pdfThegadgetx
 
7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptx
7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptx7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptx
7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptxA2digital
 
Following Your Customers Purchasing Process
Following Your Customers Purchasing ProcessFollowing Your Customers Purchasing Process
Following Your Customers Purchasing Processpmmcleod
 
Fundamentals of Marketing Mix- 4C’s for eCommerce
Fundamentals of Marketing Mix- 4C’s for eCommerceFundamentals of Marketing Mix- 4C’s for eCommerce
Fundamentals of Marketing Mix- 4C’s for eCommerceeTailing India
 
Key insights in ecommerce personalisation - via Shopboostr
Key insights in ecommerce personalisation - via ShopboostrKey insights in ecommerce personalisation - via Shopboostr
Key insights in ecommerce personalisation - via ShopboostrDimitri Haußmann
 

Similar to What is funnel marketing (20)

The Marketing Funnel Strategy -2022.pdf
The Marketing Funnel Strategy -2022.pdfThe Marketing Funnel Strategy -2022.pdf
The Marketing Funnel Strategy -2022.pdf
 
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
HOW TO CREATE A WINNING SALES FUNNEL [INFOGRAPHIC]
 
Why sales funnel is important in affiliate marketing
Why sales funnel  is important in affiliate marketingWhy sales funnel  is important in affiliate marketing
Why sales funnel is important in affiliate marketing
 
Customer marketing-how-to-keep-customers-coming-back-for-more-marketo
Customer marketing-how-to-keep-customers-coming-back-for-more-marketoCustomer marketing-how-to-keep-customers-coming-back-for-more-marketo
Customer marketing-how-to-keep-customers-coming-back-for-more-marketo
 
Sales funnel
Sales funnel   Sales funnel
Sales funnel
 
Future of Digital Marketing (1).pdf
Future of Digital Marketing (1).pdfFuture of Digital Marketing (1).pdf
Future of Digital Marketing (1).pdf
 
Five stages of sales funnel and why you should have it
Five stages of sales funnel and why you should have itFive stages of sales funnel and why you should have it
Five stages of sales funnel and why you should have it
 
Old & New Digital Marketing Funnel How to Create in 2022.pdf
Old & New Digital Marketing Funnel  How to Create in 2022.pdfOld & New Digital Marketing Funnel  How to Create in 2022.pdf
Old & New Digital Marketing Funnel How to Create in 2022.pdf
 
Lifecycle marketing
Lifecycle marketingLifecycle marketing
Lifecycle marketing
 
Electronic marketing mix strategies
Electronic marketing mix strategiesElectronic marketing mix strategies
Electronic marketing mix strategies
 
The B2B Full-Funnel Marketers Handbook
The B2B Full-Funnel Marketers HandbookThe B2B Full-Funnel Marketers Handbook
The B2B Full-Funnel Marketers Handbook
 
What are Digital Marketing Funnels?
What are Digital Marketing Funnels?What are Digital Marketing Funnels?
What are Digital Marketing Funnels?
 
ALL ABOUT DIGITAL MARKETING.pdf
ALL ABOUT DIGITAL MARKETING.pdfALL ABOUT DIGITAL MARKETING.pdf
ALL ABOUT DIGITAL MARKETING.pdf
 
7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptx
7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptx7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptx
7 ESSENTIAL TIPS FOR EFFECTIVE LEAD GENERATION.pptx
 
Following Your Customers Purchasing Process
Following Your Customers Purchasing ProcessFollowing Your Customers Purchasing Process
Following Your Customers Purchasing Process
 
crash course
crash coursecrash course
crash course
 
Sales Fundamentals english
Sales Fundamentals englishSales Fundamentals english
Sales Fundamentals english
 
Fundamentals of Marketing Mix- 4C’s for eCommerce
Fundamentals of Marketing Mix- 4C’s for eCommerceFundamentals of Marketing Mix- 4C’s for eCommerce
Fundamentals of Marketing Mix- 4C’s for eCommerce
 
7 Steps to Smoother Channel Management
7 Steps to Smoother Channel Management7 Steps to Smoother Channel Management
7 Steps to Smoother Channel Management
 
Key insights in ecommerce personalisation - via Shopboostr
Key insights in ecommerce personalisation - via ShopboostrKey insights in ecommerce personalisation - via Shopboostr
Key insights in ecommerce personalisation - via Shopboostr
 

Recently uploaded

marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
Master the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfMaster the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfHigher Education Marketing
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...Hugues Rey
 
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...CIO Business World
 
McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)DEVARAJV16
 
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresLisa M. Masiello
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptxMasterPhil1
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckToluwanimi Balogun
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfmarcuslary231
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceSapana Sha
 
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...Search Engine Journal
 
Fueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdfFueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdfVWO
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxarsathsahil
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guidekiva6
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies bruguardarib
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx216310017
 
Call Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCR
Call Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCRCall Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCR
Call Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCRlizamodels9
 

Recently uploaded (20)

marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
Master the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdfMaster the Art of Digital Recruitment in Asia.pdf
Master the Art of Digital Recruitment in Asia.pdf
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
 
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
The 10 Most Influential CMO's Leading the Way of Success, 2024 (Final file) (...
 
McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)
 
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Lajpat Nagar Delhi 💯Call Us 🔝8264348440🔝
 
Word Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample GenresWord Count for Writers: Examples of Word Counts for Sample Genres
Word Count for Writers: Examples of Word Counts for Sample Genres
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptx
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship Deck
 
Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdf
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts Service
 
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
 
Fueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdfFueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdf
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptx
 
Jai Institute for Parenting Program Guide
Jai Institute for Parenting Program GuideJai Institute for Parenting Program Guide
Jai Institute for Parenting Program Guide
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx
 
Call Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCR
Call Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCRCall Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCR
Call Girls In Aerocity Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delhi NCR
 

What is funnel marketing

  • 1. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 1/9 Home  Top Articles TOP ARTICLES What is Funnel Marketing ? By DigiVaibhav July 8, 2021  0  483 If You are also not sure What is funnel Marketing ? and How to create a Marketing Funnel than go through this artical, It will resolve all your doubts. A marketing funnel is a plan that plots a prospect’s path from brand awareness to purchase decisions and it even goes upto the post-purchase stage. This model provides marketers with detailed insights related to the behaviour and that information gives them guidance on how to close the deal and build relationships with buyers. Here are some negative situations to associate with your business during a customer’s buying journey:
  • 2. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 2/9 You have a great website with great products, but people don’t know your company. Your website is receiving positive traffic, but the revenue is still low or visitors are not taking any action. Visitors start engaging with your brand but lose interest and never return. Your customers take action, even add items of their choice to their shopping cart and then discard them Customers only buy once from your store Each situation belongs to a level of the marketing funnel. The funnel can help you structure your customer journey across different channels so that you can solve any problems that lead to the failure of the sale. A well-designed funnel enables you to identify when and where to connect with your customers in order to generate ongoing engagement. Optimize your marketing efforts and develop personalized plans for each stage of the funnel. You need to employ various marketing tactics to keep visitors engaged with your brand until they make a purchase decision and beyond. Understand the stages of a marketing funnel Today in the modern marketing world there are several approaches when it comes to the conversion funnel. There is no such thing as an exact and perfect model. Defining the marketing funnel is just the foundation of understanding and creating the right funnel for your business. The number of stages in the marketing funnel depends on your goal and, most importantly, the behaviour of your customers. Because of this, the marketing funnel illustrates a buyer’s journey. 2 common approaches in Funnel Marketing are: The AIDA model (the traditional funnel) The modern marketing funnel Traditional marketing funnel If you’ve learned or become interested in marketing, you’ve probably heard of the AIDA model, which identifies the cognitive phases people go through during the buying process. AIDA is typically used as the foundation for sales and marketing funnels because they are both based on the same theory. That said, consumers go through a number of stages before making a final purchase of a product or service. According to the AIDA principle, a main marketing funnel looks like this:
  • 3. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 3/9 Attention: Customers know the brand and its products. Usually, this awareness comes mainly from advertising. Interest: Customer interest is growing and potential customers learn more about the benefits they can get from the brand, the products and how it fits their lifestyle. Desire: Once the consumer becomes interested in the product or service, the aim is to get the consumer to want it by changing their mindset from “I like it” to “I want it”. Action: The ultimate goal is to get the recipient of the marketing campaign to take action and buy the product or service. Modern marketing funnel Some can keep it simple and divide the funnel into a top, middle, and bottom tier. However, some of the most important steps for today’s global marketing funnel include these steps. Awareness: the highest level in the marketing funnel. A future customer gets to know your company through marketing campaigns. New prospects entered the lead management system Benefit: Potential customers learn more about the brand and its products / services. Marketers can nurture leads through email, more industry-specific content, brands, newsletters, and more. Consideration: prospects become qualified prospects or prospects; See more activities related to this brand. Companies can send potential customers more product information via automated email while providing them with targeted content. Intent: Prospects show interest in buying from your store. An opportunity for businesses to show why their product is the best option for a buyer. Evaluation: Buyers make the final decision whether to buy from you or not. This is where marketing and sales work together to drive the decision-making process and convince them that your branded product is what customers are looking for. Purchase: Where a potential customer makes the decision and becomes a customer. Here the sales department takes over the purchase process.
  • 4. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 4/9 Non-linear funnels The reason is that customer behavior has changed dramatically over the years, some marketers argue that the traditional funnel is no longer relevant. why? Because, the buying process is not linear. In the AIDA model, the leads run from top to bottom into the funnel. However, the new approach of the modern marketing funnel suggests 2 things: Potential customers can enter the funnel at different stages, not always from the top of the funnel. Which Means, A customer can be a referred or he has already decided that they want to buy a product from a particular brand. In this case the initial stage of his interaction with the company could be the Intent Stage. The lead can be generated yourself without any campaign effort. CEB reports that B2B customers go through 57% of the funnel alone before finding sales. This happens because access to information has increased due to technological advances. Second, I think that instead of the linear model, the circular model is much better suited to demonstrate the modern shopping process and explain why it can feed. A positive buying experience can lead to subsequent recommendations that lead to the top of the marketing funnel to make this clear. The process starts all over again. Take a look at the following McKinsey model of the consumer decision-making process. Marketing and Sales Funnels: What’s the Difference? Many people may think that the two terms “marketing funnel” and “sales funnel” are one and the same and use them interchangeably. This thought is true, but not exactly the same. There’s a fine line between a marketing funnel and a sales funnel. And the most significant difference arises from the context of use. Basically, the nature of sales and marketing is divided into two different functions. Each reflects a unique journey map, although both represent a prospect’s progress. Marketing funnel:
  • 5. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 5/9 Its functionality is to create both interest and brand awareness. The bottom of the marketing funnel marks the top of the sales funnel. Take customers from attention stage to engagement stage Focus on generating and driving leads through content marketing Sales funnel: These are sales tactics that turn customer interest into consideration and ultimately into sales. Lie on the narrow end of the conical marketing funnel The goal is to close the deal Sales and Marketing Funnels: What’s the Difference? However, I mentioned one thing above: the conversion funnel can be modified based on your company’s initial needs and objectives. Some see the funnel split vertically, and sales and marketing owninig the entire funnel. Sales are believed to control the entire funnel as salespeople increasingly become thought leaders to raise awareness through contacting them. Another party argues that driving prospects through marketing tactics throughout the buying process is more important than the impact the digital world has on shopper behavior. Each has its meaning. However, we don’t have what is called the “perfect marketing funnel”. Customizing your funnel to suit your users’ personalities will make it more efficient. Here are some of the top reasons a marketing funnel is essential: Strategy Determination Aid: Analyzing and building a marketing funnel allows you to delve deeper into a customer’s mind and understand the roots of their actions. So, you know what tools and strategies you can use to keep them busy. Create Consistency – All marketing activities in each phase are planned early and work in a complete system with the ultimate goal – converted leads Be Measurable – The Funnel tracks your process and identifies weaknesses in your marketing and sales systems that are causing you to lose customers. You can therefore twist and change your strategies Increase conversion rate – The funnel filters out all non-targeted visitors. With the right marketing tactics, you can limit the number of visitors to your website just to target your ads to those who are most likely to convert. Generate more sales – The most important competitive advantage always starts with knowing your customers. With every step of your shopping journey, your needs and desires change. Being able to identify your marketing funnel allows you to nurture prospects until they’re ready to buy Time and Efficiency – By planning all activities ahead for each stage of the funnel, you can automate your marketing efforts. You can save a lot of time and resources to get better results
  • 6. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 6/9 Customer Loyalty – A post-purchase marketing activity plan will help you retain customers and keep them coming back from time to time How do you create a powerful marketing funnel? Step 1: understand your audience What do you think of when you look at these stats from the Marketo Engagement Gap Report? 61% of marketers believe they can easily interact with the right content. 56% of consumers want businesses to focus more on content that meets their needs and can solve their problems. 51% of consumers say brands send them a lot of irrelevant content. So what’s the problem here? Many companies do marketing but lack information about customers. In other words, some don’t really understand what their customers want and need. You have to sell what customers need, not what you have. For this reason, knowing your target audiences and personalizing your marketing strategies are the keys to the success of your funnel marketing. 6 ways to better understand your audience: Find and analyze all current customer data Evaluate your competitors Create customer personas Get to know your audience personally Use research and social marketing tools Monitor feedback, comments, and audience participation To ensure that you are running an effective funnel with engaging and relevant content, invest time and resources in conducting a high-quality audience analysis. Step 2: Determine the number of stages in the marketing funnel As I said below, your customers don’t necessarily go through all stages of the modern funnel. Once you have a thorough understanding of a buyer’s typical customer journey, you can determine the different stages of your conversion funnel. After all, a marketing funnel is just one way to point more people in the right direction. Different customer segments have different buying journeys. They form the basis for designing the stages of your marketing funnel.
  • 7. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 7/9 Regardless of what your funnel will look like, there are 3 main steps to a well-structured funnel: At the top of the funnel: all about increasing your company’s visibility. People here are not ready to buy from you. In practice, it looks like someone is reading a blog post that you wrote or noticed in a review video. Right in the middle of the funnel: If you build enough trust, people will be interested in what you do and offer. It should deliver more value than your website visitors are willing to provide you with just contact information. Convert them into leads. At the bottom of the funnel: Your job is to present your offer in a compelling way that will get prospects to take responsibility and take action. This part is more about sales tactics than marketing. Building a funnel is simply the process of building an automated system where each step has the incentives to guide people through the funnel. Step 3: Choose tactics for each step of the funnel This will help you build your marketing funnel, from paper plans to reality. Think about the tactics and channels you want to use and the types of content for each stage of the funnel you just created. I’m going to list some tactics you can use for each step of your funnel. In the awareness and interest phase, you need to consider lead generation. Create a landing page, create a lead magnet, and drive traffic to your page. To present your company to the target audience, you can use: SEO and blogging to get organic traffic and drive it to your website. Social media and YouTube to drive more social traffic to your web content that addresses customer issues. Paid emails and advertising campaigns aimed directly at specific groups of people. Brand awareness influencers to reach more people As customers begin to take your brand and options seriously, your offerings should be special and unique from the competition. To do this, keep using the marketing tactics above, but change the content and goals used (which I will mention later). In addition, there are some critical points for your marketing strategy in this second step:
  • 8. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 8/9 Keep producing great content – your focus shouldn’t be on selling too much, but on other valuable information about your industry, market, and customer concerns. Testimonials & Reviews – Display testimonials to help build trust between customers and your company Create Parent System – This is a series of emails that will convert your prospects into paying customers. Email marketing remains a powerful and multifunctional tool that shouldn’t be missed. In the evaluation and purchase phase, the selling elements take over. This is where you need to put the final nail in the coffin and make sure potential buyers end up making a purchase. At this stage, depending on your niche and customer segmentation, you can apply in different ways: Urgency – Temporary offers can be used to create a sense of urgency and are known to be an effective method of selling. Rarity: has the same result as urgency. The scarcity of their supply has made many retailers want customers to own something. Free Product Tests and Demos – Selling software or add-ons, etc. gives your buyers a chance to test your features and feel the value of the things you are offering. Remarketing Strategy: Focus on targeting people who visited your website or engaged in your brand but made no purchase. Personalized Offers and Discounts – Incentivize customers to shop in your store Step 4: create content for each part of the funnel Modify and tweak your content at every stage of the funnel to achieve your goals. For the awareness phase, you not only attract an audience, but also give them a solution. Therefore, all content should be valuable and informative, with an emphasis on solving or answering customer questions or concerns. The scope of your content should be broad and cover the topics of your industry, your market and your customers. Moving on to the second phase, if you want to engage your audience more and connect the customer’s solution to your product or service, your content can highlight unique characteristics and compelling incentives. In the final stage, in order to close the sale, your content needs to have much stronger incentives than before and create a sense of urgency or scarcity. The content of your advertising material or emails should immediately inspire readers to buy. Step 5: create a branded community The ultimate goal of nurturing existing customers is always to convert your existing customers into advocates. Once the tactic and strategy you’ve chosen work, you need to start building a community around your brand to ensure continuity.
  • 9. 9/25/21, 11:40 AM What Is Funnel Marketing | In-depth Explanation for Beginners https://digivaibhav.com/what-is-funnel-marketing/ 9/9 By leveraging blog posts, podcasts, user generated content, and more, you can generate more new leads for your marketing funnel. Or even an outside recommendation that has nothing to do with the brand can have a huge impact on prospects. Give existing customers a reason to come back for their second purchase and more. In this way, your marketing funnel can be built up and further developed in a sustainable manner. Step 6: track the changes When you have completed all of the tasks to create a full funnel it doesn’t mean your job is done as the market is constantly changing. You need to keep track of all of these changes and tweak your marketing funnel to make it more flexible and competitive on a daily basis. To do this, you need research and a clear understanding of what drives the customer to connect with your brand. Additionally, the whole point of optimizing your funnel is to draw more people into the funnel, push more down, and ultimately make them advocates. For any change you make, monitor the following location data to determine its success. This allows you to compare the feasibility of different versions of your funnel. Therefore, any change can guarantee to generate the highest profitability. It’s your turn! I think after reading this article, you can use the marketing funnel in your business for the most satisfactory results. While you won’t hire everyone to visit your website, it’s normal to lose people during the funnel and promotion process. And everything new needs a beginning. It is time to apply your knowledge! Read More Articles: YouTube Marketing 2021 Best Affiliate Marketing Networks