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Sales Funnel Explained in Australia
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FAQs online signature
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What is the funnel method of selling?
How to Create a Sales Funnel Define the problem you want to solve for your customers. Define your goals. Create a preliminary offer to generate leads. Qualify leads to confirm interest in the product. Nurture your qualified leads. Close the deal. Track the final results and analyze sales data.
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What is a sales funnel for dummies?
A sales funnel is a way to track potential customers from initial contact to purchase. Anyone using the funnel, should be able to look at the status of an account and know exactly how to approach it. Simple is good for a sales funnel.
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What are sales funnels simplified?
Typically, a sales funnel has a top, middle, and bottom. The top of the funnel is where your potential customers enter and then they work their way through the middle and down to the bottom, where they can purchase your product or service.
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What is a sales funnel for beginners?
A sales funnel is the marketing term for the journey potential customers go through on the way to purchase. There are several steps to a sales funnel, usually known as the top, middle, and bottom of the funnel, although these steps may vary depending on a company's sales model.
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What is the sales funnel method?
How to Create a Sales Funnel Define the problem you want to solve for your customers. Define your goals. Create a preliminary offer to generate leads. Qualify leads to confirm interest in the product. Nurture your qualified leads. Close the deal. Track the final results and analyze sales data.
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What is a sales funnel with examples?
A sales funnel is a customer-centric marketing model that represents the journey customers take from the moment they become aware of the need to the moment of making a purchase decision. The different steps as leads progress from prospects to customers depict the sales process from awareness to action.
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How do you explain sales funnel?
A sales funnel is a marketing term used to capture and describe the journey that potential customers go through, from prospecting to purchase. A sales funnel consists of several steps, the actual number of which varies with each company's sales model.
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What is the sales funnel rule?
The sales funnel follows a much more customer-centric journey, outlined by at least four high-level stages: Awareness, Interest, Desire, and Action (or AIDA). These stages occur before a potential customer is even identified as a lead.
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Funnel builders are basically magicians. If you're anything like me, maybe you want to know the psychology behind sales funnels to know how does a sales funnel actually work. Sales funnels have been the key to helping me build my multi-million dollar business so I want to kick off this video by showing you how a sales funnel actually mirrors the traditional marketing process and did you know that there are 4 key steps that every successful sales funnel walks the customer through? More on that in just a moment and stick around to the end because I'm also going to reveal my personal secret for guiding a lead towards a sale but please use these powers for good. Sales funnels are used in more modern marketing and sure, in the past people did really well with direct mail and billboards and newspaper ads, but sales funnels can actually still mirror the traditional marketing process. Russell Brunson often gives this description of a funnel. It's like someone sees a billboard ad for your service, they open the door, they're greeted by someone and then they can schedule an appointment or take action on whatever that funnel is presenting for them to do. Online funnels can work the same way. They follow a logical process of guiding your lead towards a sale and leads are nurtured through the funnel and are typically red-hot by the time that they buy. At the top of the funnel, you have a wide audience of tons of people that might be interested in what you have to offer. But the rest of the sequence in your sales page copy and your hook and your headline, in your bonuses and the ways that you convert your audience is going to will that audience down to the point where you only have the best, most qualified people that are going to take the next step in your sales funnel. So, do you see how that compares to the person who sees the billboard ad, they take the next step and open the door, they click through to that call to action and they look at the page, they're greeted by someone, seeing the copy on your page, and then that call to action is the equivalent of them maybe scheduling an appointment or signing up for the thing that you're offering. I want to hear from you. Have you ever been on a super compelling website or a sales funnel that almost effortlessly brought you along a customer journey? Let me know what it was in the comments. I can tell you for myself personally, I've seen Facebook ads sometimes that felt like they were speaking directly to me. It's like they knew my exact pain points, my problems, my desires. I clicked on that ad, AKA, the billboard and opened the door to the sales funnel then I was greeted by someone or really saw all of that sales page copy which further nurtured me towards believing in this product or service and then throughout the page is sprinkled with calls to action for me to actually opt in and take the next step, which meant they got my credit card because their marketing was just so dang good. So, those are the tactical steps that your audience walks through but I want to share with you the 4 psychological steps that a sales funnel leads your viewer through. When you have a sales funnel in place, there's like this yellow brick road that's laid out for your customer. The first step is awareness. This is where your lead becomes solution aware. Your offer is presented clearly to them as the answer to their problem. The second step is interest. After they have awareness, maybe they find some interest in what this is. So as a lead works their way through the sales page, they become more interested in your product, their resistance is lowered and they learn whether this product is right for them. That third step leads them to the decision. This is where the lead can make the mental decision to buy and the fourth step is action. This is where the buyer can enter their credit card information and as good as sold. I want you to think about that and observe your own behavior when you land on a sales page. I gave you my example of seeing a Facebook ad, clicking onto a page and being so intrigued by the copy feeling like they knew exactly what I needed, what I wanted and they obviously had the solution I needed to the point that I threw my credit cards at them and couldn't wait to buy what they have to offer. I want you to think for yourself what are the sales pages that have given you that emotional reaction or what are the sales pages that were boring, hardly caught your attention and maybe you didn't even click on them or if you did, you clicked off right away. If you can observe your own behavior to other people's content and sales funnels and you can see what works and what doesn't for yourself, that can also help you in creating your own sales funnels. Now the proof is going to be in the pudding when it comes to your own data. We want to be able to check the metrics of how many people are landing on the sales page. Of those people, how many people are clicking through. If people are clicking through to your ad onto your page but they're not buying, that shows us that the ad might be working but the sales page copy isn't. Of no one's coming to your page, we need to work on our traffic strategies. So, throughout the entire process for yourself, observe other people's funnels and see what you can learn from them while also comparing to your own data. I'm going to share with you my personal secret, my personal framework to helping guide a lead towards the sale but before I do, have you subscribed to this channel yet? If you want to bring your business closer to infinite cashflow with evergreen content and incredible offers, go ahead, hit that red subscribe button to be notified every time I upload a new video. In every successful program, product or service I've ever sold, I found that it all tied back to one thing and that was by having a story selling framework installed in my content and in my funnels. So I created an acronym to help you remember every step. The acronym is ELSA and yes, you might think of the snow queen from Frozen, yes, but for these purposes, do not let it go. ELSA stands for epiphany, lesson, story and application. The E and ELSA is for epiphany. This is the main idea of your product, the big breakthrough, the big takeaway that you want your audience to walk away with. So when you're creating your sales funnel, what's that big epiphany, the big breakthrough that you want your audience to walk away with or walk towards your call to action with? If you can reverse engineer this, we can make sure that everything else is designed to reach that epiphany. The L in ELSA stands for lesson. This is your specific, your proprietary framework. This teaches them something, offers value and explains to them why they need this product. But instead of being boring, snoozefest, Charlie Brown teacher at the front of the classroom like... the best educators, the best marketers are the ones that spend more time in the story and it's the story that humanizes you and helps you relate to your audience and builds that know, like, trust factor. If i just shared with you that once upon a time I used to be a dental hygienist and I was making okay money but I was bored of my job and then all of a sudden, I had a multi-million dollar business, you'd be like well great, that's good for you but how does this help me? But if I go into the story and share with you how painstaking it was, how I hated looking at the clock every single day to be released from this job, how there was an injury in my family that meant I couldn't go back to work for some time and I had to get to this point in my side hustle so that I could be able to pay the bills for myself and my family and that finally, after trial and error and trial and error and late nights and early mornings and failures and finally reaching this epiphany of how I could grow my business with YouTube and high ticket sales, that might be something that maybe you'd relate to a little bit more instead of this instant before and after, you got to experience the highs and lows with me, maybe even resonated with parts of that story yourself. That's what's going to create that know, like, trust factor so that when they do have the purchase decision decide who they want to buy from, they're going to buy from people that they believe in because they've been through a similar experience themselves. So, you have your epiphany, your lesson, your story. When you've gotten this far with your audience, that's going to guide your audience down that yellow brick road to Oz which is what I like to call the offer zone. So, the A in ELSA is for application. This is that powerful call to action for what to do next. It's that actual step for your audience to take, to go through from being a lead to being a paying customer. If you're working on a funnel right now, I've got you covered with our plug and play funnel templates. Whether you're building a funnel from scratch or from the first time, I've put together my best performing, best converting funnels for you to just take and plug and play. So, you can click the link in the video description below to get yours.
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