what is sales funnel ?
Every customer goes through a series of stages before buying a product. This stage is called the sales funnel. sales funnel is very important to generate revenue for your business. With careful analysis, a marketing funnel tells you what your business needs to do to influence consumers at any given time. It starts the moment they realize your brand and continues even after the purchase.
A sales funnel, also known as an advertising funnel, can be used in both B2B and B2C companies to help persuade customers to make purchases or complete other targeted actions. You may systematically lead your sales to the funnel and maximize your profit over time by breaking the sales process into different stages.
A marketing funnel is similar to a sales funnel in that it is used to promote a product or service. it describes a customer’s potential decision-making process, which usually translates from awareness and interest into action and, ultimately, loyalty over time. Before creating an effective sales funnel that will delight your customers, you need to know how to build it from start to finish.