The sales funnel is the process by which a potential customer becomes a paying customer. By understanding the sales funnel and how each of its stages interact with your customers, you can better target your marketing strategy for increased conversion rates and revenue growth.
While there are many different types of sales funnels, most are based on the same principles: dividing your customer journey into distinct stages and engaging them with targeted messaging to guide them through each phase. An eCommerce sales funnel is a perfect example of this and can help you convert more visitors into customers.
Awareness
The first step of any successful sales funnel is to make potential customers aware of your brand and products. This can be done through a variety of ways, including SEO and paid advertising. Content marketing is a popular way to do this and can include blog posts or videos that showcase your product features and highlight the value of each.
In this stage, you must avoid heavy-handed product promotion and focus on educating your audience about the benefits of using your products or services. Creating educational videos or blogs that feature real-world examples is a great way to do this. Adding product information and FAQs to your website is also helpful, as it provides another avenue for customers to become educated about the features of your products or services.
Interest
In the interest stage, your potential customers actively seek out more information about your products or services to evaluate their options. Educating them further by providing additional resources or highlighting the features of your products or services can help them decide to choose your business over others. Using carousel ads is a popular way to do this, but it is important not to bombard your potential customers with too much information. Beauty Bay does this well by displaying their bedding products on their Facebook ads, but instead of just listing the various sizes, they provide detailed descriptions of each.
Consideration
In the consideration stage, your potential customers are comparing your products or services with the competition. They may also be weighing the benefits and drawbacks of each option. During this phase, offering incentives like discounts or free trials is an effective way to sway them toward choosing your business over others.
Action
The final stage of your Ecommerce sales funnel is the purchase itself. Once potential
customers are ready to buy, you can encourage them to take that final leap by ensuring that your checkout process is smooth and straightforward. Identifying bottlenecks in your checkout process and employing strategies to reduce cart abandonment can help you increase the number of people who successfully complete their purchases.
Sales funnels are a crucial part of any e-commerce website and can greatly improve the conversion rate of your site. By implementing a sales funnel that addresses your customers’ needs at each stage of their journey, you can create a more seamless and enjoyable shopping experience for your prospects.
Learn how To build sales funnels
Check out my recent post on all-in-one sales and marketing tools.
Check out my recent post on sales funnels and what I think about them. Are they still worth it?
My entrepreneurial journey started in my mid 20s. I was in graduate school at the time, but I was determined to find a way to start my own online business.
Since that time, I have invested around $50,000 on courses and high-level coaching programs to develop my skills, learn how to sell and market online, and fill in all the gaps that were preventing me from being successful in running an online business.
I created Do The List as a way to take what all I’ve learned and help entrepreneurs build a larger following, market and sell their products and services, and more effectively use the online space for their business or brand.
Ashley Reaves
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