{"id":673,"date":"2023-05-18T10:01:22","date_gmt":"2023-05-18T10:01:22","guid":{"rendered":"https:\/\/eye10.io\/en\/blog\/how-to-build-a-sales-funnel-that-really-converts\/"},"modified":"2023-05-18T10:01:22","modified_gmt":"2023-05-18T10:01:22","slug":"how-to-build-a-sales-funnel-that-really-converts","status":"publish","type":"post","link":"https:\/\/eye10.io\/blog\/how-to-build-a-sales-funnel-that-really-converts\/","title":{"rendered":"How to Build a Sales Funnel That Really Converts"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A sales funnel encompasses guiding your prospects from being aware of your brand to becoming loyal customers. And it is every business&#8217;s dream to win customers loyal to their brand.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">How do you build a sales funnel that helps you do just that?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, the competition is tough, and a new business is launched every other day. No matter how innovative your product is, you can\u2019t guarantee that it\u2019ll remain the only one on the market within the next year, talk less than five years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That means converting customers is not just a matter of building a great product or offering a great service; you need to be able to sell your brand, products, and services effectively. And this article takes you through just that.<\/span><\/p>\n<\/p>\n<h2><span style=\"font-weight: 400;\">Understanding the Sales Funnel<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The sales funnel is a visual representation of potential customers&#8217; journey from awareness to purchase. The stages of the sales funnel typically include:<\/span><\/p>\n<ol>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Awareness: Potential customers cannot become buyers unless they are aware of your business and what you are selling. This often occurs through <\/span><a href=\"https:\/\/eye10.io\/blog\/social-media-stories-how-to-engage-and-retain-your-followers-with-short-videos-and-images\/\"><span style=\"font-weight: 400;\">social media<\/span><\/a><span style=\"font-weight: 400;\">, advertising, or word of mouth.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Interest: As potential customers become aware of your product, they start to research and inquire whether your products or services align with their needs. This is the interest stage. There is <\/span><a href=\"https:\/\/eye10.io\/blog\/5-strategies-to-attract-audiences-to-your-website\/\"><span style=\"font-weight: 400;\">considerable attraction<\/span><\/a><span style=\"font-weight: 400;\"> already, but not enough for them to purchase.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Decision: At this stage, they already better understand your products or services and are considering purchasing. They might also be looking into competitors, so this is where you need to convince them that your product is the best choice for their needs.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Action: This step completes the conversion, as potential customers are finally nudged into action to become buyers.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">However, understanding how the sales funnel works are one thing. We still haven\u2019t explained how you can build an effective sales funnel. And the following sections are dedicated to highlighting the steps involved.<\/span><\/p>\n<\/p>\n<h2><span style=\"font-weight: 400;\">Identify Your Target Audience<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">No business creates a product and expects its customers to find them. Such a business would suffer for a long time. Rather, every business owner wants to position their products and services so that everyone who needs them can easily notice them and be attracted.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, this would not be possible if you first don\u2019t identify those needing your products and services. This is your target audience, and the following factors should be considered when determining your ideal audience:<\/span><\/p>\n<ul>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Demographics: age, gender, location, income, education level, etc.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Psychographics: personality, values, interests, lifestyle, etc.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Pain Points: the problems your target audience faces that your product or service can solve.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Keywords: what kind of words do customers use to search for your product? If unsure, use the <\/span><a href=\"https:\/\/eye10.io\/keyword-planner\"><span style=\"font-weight: 400;\">Eye10 Keyword Planner<\/span><\/a><span style=\"font-weight: 400;\"> to conduct a comprehensive research.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><picture><source srcset=\"https:\/\/wsnonline.dk\/storage\/uploads\/external\/3596\/fe2dceb189c04195351645437669734de46e4d72.webp\" type=\"image\/webp\"><source srcset=\"https:\/\/wsnonline.dk\/storage\/uploads\/external\/3596\/fe2dceb189c04195351645437669734de46e4d72.png\" type=\"image\/png\"><img loading=\"lazy\" decoding=\"async\" width=\"644\" height=\"510\" src=\"https:\/\/wsnonline.dk\/storage\/uploads\/external\/3596\/fe2dceb189c04195351645437669734de46e4d72.png\" alt=\"image\" style=\"max-width: 100%; height: 510px;\"><\/picture><\/span><\/p>\n<\/p>\n<h2><span style=\"font-weight: 400;\">Creating Lead Magnets<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As many marketing experts know, it is not enough for members of your target audience to notice your product once. Often, it takes accumulated attention for each person to go through the stages up to action.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, look to attract your potential customers via lead magnets, offering them a useful incentive in exchange for their contact information so that you can follow up on each lead.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lead magnets could be in e-books, reports, webinars, free trials, samples, etc. These are often offered for free in exchange for the lead\u2019s email address or phone number for future communication (if they consent to such).<\/span><\/p>\n<\/p>\n<h2><span style=\"font-weight: 400;\">Nurturing Leads<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Don\u2019t forget that you collected your leads&#8217; contact information for a reason. It would be best to nurture them through the sales funnel until they reach the action stage. This is a delicate step since your main goal is to ensure that they build trust in your brand. You don\u2019t want to open any room to doubt at all.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some methods for nurturing leads include:<\/span><\/p>\n<ul>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><a href=\"https:\/\/eye10.io\/blog\/how-to-create-a-winning-email-marketing-campaign\/\"><span style=\"font-weight: 400;\">Email marketing<\/span><\/a><span style=\"font-weight: 400;\">: Regularly emailing your leads (without overwhelming them) is an effective way to stay in touch. Occasionally provide them with special offers and discounts to nudge them to action.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Remarketing: With ad networks, you can remarket your products to potential customers who have previously interacted with your brand, perhaps by visiting your website or viewing your product on social media.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Personalization: During this step, it\u2019s important that you build a loyal relationship with your leads, and personalization will help you go far. This doesn\u2019t just mean using each person\u2019s name in email communications. Rather, it involves tailoring your messaging to your potential customers&#8217; individual needs and preferences.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Closing the Sale<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">After going through all the steps, at the end of the day, you want to close the sale and convince your leads to a purchase. This is also a very delicate stage, and some clever tactics you may employ include the following:<\/span><\/p>\n<ul>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Creating a sense of urgency: You have to make your leads feel like they have to take action now! Therefore, offering a limited-time discount, for example, will encourage them to purchase immediately.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Providing social proof: Social proof, such as customer reviews or testimonials, can build trust with potential customers and convince them to purchase.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Offering incentives: Incentives, such as free shipping or a gift with purchase, are strong factors that motivate potential customers.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Retaining Customers<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This is where many businesses lose the script. Once they close a sale, they discard those customers and start looking to convert new leads. However, retaining customers is just as important as attracting new ones.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To retain customers, you must continue to provide value to your customers. Some methods for retaining customers include:<\/span><\/p>\n<ul>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Providing <\/span><a href=\"https:\/\/eye10.io\/blog\/best-practices-for-customer-service-in-online-businesses\/\"><span style=\"font-weight: 400;\">excellent customer service<\/span><\/a><span style=\"font-weight: 400;\">: Particularly when customers make complaints, you must be there for them, being professional and ultimately building trust with them.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Offering loyalty programs: Loyalty programs, such as rewards or discounts for repeat purchases, can encourage customers to continue to do business with your brand.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Staying in touch: Staying in touch with your customers through email marketing or social media can keep your brand top of mind and encourage repeat business.<\/span><\/li>\n<li aria-level=\"1\" style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Monitor your competitors: Tools such as <\/span><a href=\"https:\/\/eye10.io\/competitor-research\"><span style=\"font-weight: 400;\">Eye10 Competitor Research<\/span><\/a><span style=\"font-weight: 400;\"> help you identify how the leaders in your industry are getting ahead and how to stay on par with and even surpass them.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><picture><source srcset=\"https:\/\/wsnonline.dk\/storage\/uploads\/external\/3596\/b3311f3ffa0ed419e0e9da029c0937f0fa799586.webp\" type=\"image\/webp\"><source srcset=\"https:\/\/wsnonline.dk\/storage\/uploads\/external\/3596\/b3311f3ffa0ed419e0e9da029c0937f0fa799586.png\" type=\"image\/png\"><img loading=\"lazy\" decoding=\"async\" width=\"658\" height=\"367\" src=\"https:\/\/wsnonline.dk\/storage\/uploads\/external\/3596\/b3311f3ffa0ed419e0e9da029c0937f0fa799586.png\" alt=\"image\" style=\"max-width: 100%; height: 367px;\"><\/picture><\/span><\/p>\n<\/p>\n<h3><span style=\"font-weight: 400;\">Conclusion<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Building a sales funnel that converts is not a one-time event but an ongoing process that requires constant testing and optimization. Following the steps outlined in this article, you can create a sales funnel that attracts, nurtures, converts, and retains your prospects and customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, using Eye10 tools enhances your efforts by a great deal, especially in <\/span><a href=\"https:\/\/eye10.io\/blog\/what-are-keywords\/\"><span style=\"font-weight: 400;\">keyword planning<\/span><\/a><span style=\"font-weight: 400;\">, competitor research, and industry analysis. $3 is all you need to enjoy a trial of all Eye10 SEO tools. Sign up right away, and <\/span><a href=\"https:\/\/eye10.io\/start-trial\"><span style=\"font-weight: 400;\">don\u2019t miss this opportunity<\/span><\/a><span style=\"font-weight: 400;\">!<\/span><\/p>\n<div class=\"schema-faq-wrapper\">\n<h2 style=\"text-align: center; margin-bottom: 20px;\"><span style=\"border: 1px solid black; padding: 10px 50px;\">FAQ<\/span><br \/>\n\t\t<\/h2>\n<div itemscope itemtype=\"https:\/\/schema.org\/FAQPage\" style=\"border: 1px solid black; padding: 20px;\">\n<div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n<h3><span itemprop=\"name\">Can a sales funnel work for both B2B and B2C businesses?<\/span><\/h3>\n<div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\">\n<div itemprop=\"text\">While most sales funnel strategies often target B2C businesses, they work similarly for B2B businesses. Of course, the specific stages and tactics may vary depending on the type of business and target audience. Still, the basic principles of attracting, engaging, and converting potential customers remain the same. After all, even in a B2B sales strategy, your audience is still composed of human decision-makers.<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n<h3><span itemprop=\"name\">How can I measure the success of my sales funnel?<\/span><\/h3>\n<div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\">\n<div itemprop=\"text\">You have to determine the success metrics for your business depending on your goals and the products you are trying to sell. Useful metrics to track include conversion rates, customer acquisition costs, and lifetime value. Regularly analyzing these metrics allows you to identify areas of your sales funnel that may need improvement and make adjustments to optimize your results.<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n<h3><span itemprop=\"name\">What are some common mistakes to avoid when building a sales funnel?<\/span><\/h3>\n<div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\">\n<div itemprop=\"text\">One common mistake people make is not properly understanding their target audience. This often cascades into problems such as creating a complicated or confusing sales process because they have already skipped the fundamentals. You won\u2019t provide enough value to potential customers.<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A sales funnel encompasses guiding your prospects from being aware of your brand to becoming loyal customers. And it is every business&#8217;s dream to win customers loyal to their brand. How do you build a sales funnel that helps you do just that? Today, the competition is tough, and a new business is launched every [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-seo"],"_links":{"self":[{"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/posts\/673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/comments?post=673"}],"version-history":[{"count":0,"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/posts\/673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/media\/674"}],"wp:attachment":[{"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/media?parent=673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/categories?post=673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eye10.io\/blog\/wp-json\/wp\/v2\/tags?post=673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}