All About Clio Journal

The Sales Funnel For Effective Online Marketing

Apr 26

The sales funnel has been an integral part of conventional marketing and business for ages untold. It seems like the topic of funnels in Internet-based business is becoming more and more common.

People want to learn more about the concept of marketing and the ways it could be used in their online business marketing efforts. Read further to find out more about the ways to utilize the sales funnel in Internet marketing.


The Sales Funnel: What exactly is it?

A marketing funnel isn't an actual funnel. The term, "funnel", is used to visualize and explain the entire process of selling. It has a broad entry point for potential customers known as "Unqualified Prospects" at the top, and a narrower opening for sales conversion at the lower end. It's a good comparability.


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These are what we call "unqualified prospects" at the top or at the beginning of the funnel. These are the people who might need your products and services, but have not been approached by you prior to. You'll have many opportunities and sales later and you'll have people who have purchased your product or service.

Another reason a lead-generation funnel concept is so efficient is that it allows you monitor potential customers at various levels of the sales process. The sales funnel allows you to anticipate the amount of potential customers who will eventually be customers by calculating the prospects who are qualified at each step.

The sales funnel allows you to determine the areas where your sales strategy is not working and where it is succeeding. It also helps you determine if your campaign is not reaching the right customers. This will help you to determine which areas to concentrate your efforts to help reach your goals in marketing. It's used as a method to monitor and control the sales process of customers.

The Sales Funnel Top Front The Sales Funnel Front End

The most important section of your sales funnel will require the most constant testing and be the most engaged. There are virtually endless front-end strategies that are limited only by your creativity and resources.

The primary goal of the front-end will be to draw potential customers and convert them into buyers later on in the selling process.

When a potential customer opts-in to your offering, they are "qualified". This is when the prospect or "Unqualified Lead" becomes qualified. It's because they took an action that indicates that they might be interested in buying your product or services.

You need to drive targeted traffic on your blog, website or squeeze page for your front-end system to function. PPC adverts, article marketing, banners, PPC advertisements, social media (Google+ Twitter Facebook YouTube), YouTube banners, blog posting, forum posting and many other sources are among the most efficient techniques and resources.

There are a variety of tools available to "qualify" the "Unqualified Prospect". One of the most efficient is the squeeze page. You can provide something valuable that is related to your product/service that people can obtain for free or at a drastically discounted price in exchange for their email. You can select from newsletters and related reports, as well as video and e-mail courses.

It is clear that the front-end is where customers are attracted to your sales funnel. Now what about the back-end?

 

The Back-End, or Bottom of The Funnel

The back-end or bottom of the funnel where main profit and sales are made. This is where you will find your most expensive products. These products are generally pertinent to the same niche, but presented in different formats such as video or audio live interaction, private consultation.

The main difference between front and back-ends lies in the type of client and the price of the service or product being offered.

Although it is the case that only 1% of those who enter your front-end will be able connect to your back-end system, this small percent may not be of any significance. This is fine, given the fact that this particular small percentage will invest more money.

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

As I said in the past the sales funnel can be customizable as much as your imagination and resources allow.

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