Ideas for Your Sales Funnel
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All sales funnels have the same basic shape and characteristics – wide at the entry point and gradually narrowing as the prospect moves through it. Each funnel is similar, but no two are exactly the same. You have many options when it comes to working out the specifics. Researching Ideas Before you start thinking about the specifics of your sales funnel, there is some important research that must be done. Start by taking your product idea and making sure there’s a market for it. No matter how enticing your offers, or how well-crafted your funnel, you won’t succeed if there isn’t a hungry crowd eyeing the products you are offering.
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The Key Components of an Effective Sales Funnel
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For a sales funnel to work, a few key elements must be in place. First, you need to consider the offers you make. These offers should gradually increase in size and ticket price, as you weed out those who aren’t interested in buying your product. Second, you must decide the ways in which you will keep in touch with your prospects and further qualify them. Through your offers and communications, you should be able to get your prospect list down to only the serious buyers. By the time you get to the end of your funnel, you should have a list of loyal customers who you can sell to again and again, assuming you nurture that relationship.
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What Is a Sales Funnel and Why Is It Important for Your Success?
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The term ‘sales funnel’ is an important concept for all types of businesses. Your sales funnel is what leads customers to purchase your products or services. As they pass through the funnel, they transform from random prospects to qualified leads and, finally, to buyers. As the funnel narrows and prospects get to your sales team, they are already primed to make a purchase. The Sales Funnel Explained
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