Marketing Funnels Beginner’s Guide: Everything You Should Know About Marketing Funnels
Shakila Sherin
Marketers, Entrepreneurs, and Small Business Owners... DISCOVER THE #1 SALES FUNNEL MISTAKE ALMOST 98.6% OF PEOPLE MAKE DAILY! Strategic Sales Funnel Builder & Optimizer
If you've ever launched marketing campaigns, you've probably come across the term marketing funnels - visual representations of the customer journey.
As marketers get more and more interested in it - and for good reasons which I'll explain in more detail below - we've found the informational chaos around this topic disheartening, to say the least. one could say.
That's why, in this article, we've decided to bring it all together:
Finally, we'll provide you with a step-by-step guide to help you create a marketing funnel that will work for your business.
To show you how easy this process can be, we'll be using GetResponse conversion funnels, which you can read more about on this blog.
With that out of the way, let's start by defining the marketing funnel guide.
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Marketing Beginer's Guide: TABLE OF CONTENT
What is a marketing funnel?
The marketing funnel is a system that helps you attract consumers, turn them into leads or prospects, and finally convert them into paying customers.
Marketing funnels are often referred to as “sales funnels”, “lead funnels”, “buying funnels”, “conversion funnels” and other similar terms.
And why is it called a funnel?
Because when you think about the size of your audience at each step, it looks a bit like it.
Visual representation of a marketing funnel.
Let's say you sell an online writing course:
What about other scenarios where the conversion does not happen online or requires contact with a sales agent? These are also called funnels.
Whether you buy a coffee from a large coffee shop chain or buy a house from a real estate agent, the way these businesses sell is also done through marketing funnels.
Types of Funnels
While marketing funnels are the broader term that covers various use cases, there are several types of funnels you might like to come across:
As you can see, besides the marketing channel that your funnel is based on, your funnels can also have different purposes, for example:
Naturally, you can just as easily use funnels to collect survey responses or ask people to sign up for a live demo of your platform.
The benefits of marketing funnels
As you can see in the following Google Trends report, interest in marketing funnels has grown steadily over the past five years.
And we can see where it's coming from.
While almost all advertising campaigns are aimed at generating sales - in one way or another - not all are designed to do so directly.
Using a funnel and the AIDA model helps marketers visualize the steps and tasks that advertising campaigns need to accomplish before the consumer makes the decision to purchase a particular product or service. If you're not convinced, take this sales funnel template as an example.
In other words, the marketing and sales funnels will help you organize your campaigns and drive your target audience strategically to action.
Find out how Alex Terrier, a jazz musician and music teacher selling online lessons, achieved a 19% email sign-up rate and attracted 253 new contacts in 30 days through the GetResponse funnel.
Funnel software tools, like GetResponse Conversion Funnel, also help you choose the best steps to include in your funnel. Both pre-designed models and funnel scenarios successfully eliminate the guesswork.
For each stage of this so-called customer journey, marketers can choose different marketing tools and tactics to help their consumers move up the funnel and make the buying decision.
This visual showcases some of the most popular tactics used at each stage of the marketing funnel:
AIDA model with marketing tactics appropriate for each stage.
At the same time, for each of the stages, marketers will use different KPIs and KPIs to report on the progress of their campaign.
To give you a better overview, here are some examples of metrics you would likely report on in the three key areas of your funnel - Top of Funnel (TOFU), Middle of Funnel (MOFU), Bottom of Funnel ( BOFU).
Metrics marketers use for different funnel stages
OK, this all explains why using marketing funnels is good for your business, but it doesn't explain why their popularity has increased over the past five years. After all, the AIDA and funnel models have been used by advertisers for over 100 years.
The main reason is technology.
In the past, you had to separately develop all the elements of your marketing funnel and then link them together.
To be clearer, here's what you normally should have done individually:
Nowadays, you can connect each of these through an API or out-of-the-box integrations and plugins.
Or better yet, you can use the GetResponse conversion funnel, which offers all of said elements within one platform.
What are the advantages of this approach?
What types of businesses can benefit the most?
All types of businesses, of course! Marketing funnels help you turn prospects into customers, and that's what every business is for, right? Now take a look at some examples of businesses that could benefit from using marketing funnels and how they would do it.
1. Local business
Suppose you run a local business that offers a wedding planning service:
And There you go.
Want to use this funnel idea? Go ahead. It's done for you with a full set of landing pages and autoresponder templates in GetResponse Conversion Funnel (fka Autofunnel).
Example of a funnel template for local service available in GetResponse
2. E-commerce business
Suppose you have a store that sells sweets, chocolates, and candies.
How can you generate more sales using funnels?
Here is one way to do it.
And for those who didn't convert right away, try again, send them another offer several days later, and amplify the reach of your campaign with social media ads.
Example of a funnel template for online store available in GetResponse
What if you are an ecommerce business that sells digital products? It will work just as well.
In this video below, Leslie Samuel explains how to sell online courses with funnels.
3. Coaching business
Do you run a coaching business?
As an expert in the field, you want to sell an online course or membership program to new audiences.
And that's all.
Of course, you can extend this process and, for example, A / B test your landing pages to optimize them for conversion.
Example of a funnel template for coaching business available in GetResponse
In this video below, Sean Smith shows you how to sell your coaching course online using a sales funnel.
Marketing funnel strategies
I'm sure you already know this:
No email can meet all of your subscribers' needs.
Which brings us to one of the main advantages of the funnel marketing approach:
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Funnels “force” you to remember the customer journey, the different stages of the lifecycle, and the changing needs of your subscribers.
This is what makes this framework useful - and effective too.
To help guide your subscribers through your funnel, we've developed this Email Marketing Funnel infographic.
Below, I've summarized its main points, but feel free to bookmark it and save it for later.
This will come in handy when you start to develop or optimize your existing marketing funnels.
Consciousness
Your audience is not yet aware of your brand and the products and services you offer. You need to change that as effectively as possible.
To do this, focus on lead generation.
Create a landing page, create a main magnet, and drive traffic to your page.
There are many ways to generate traffic effectively.
Use Facebook ads, Google search ads, graphic ads, add banners to your pages, email your existing mailing list, sponsor a podcast, or partner with another business.
Make sure that you don't just attract just any audience - it should be a target email list of people that you could potentially convert later.
Remember to choose the right primary magnet for your audience. Not everyone will be interested in an eBook or a checklist.
And don't forget to retarget those who have interacted with your ads. This will help you get more for your money.
Read more on this:
Consideration
So you've managed to turn some of your landing page visitors into email subscribers.
Good work!
Now is the time to help them realize that what you are offering is the right solution to their problem.
To do this, create an auto responder email cycle that will discuss different aspects of the topic that interests your subscriber. In doing so, be sure to highlight the strengths of your offering and why your brand should appear naturally when they think about it. from subject.
During this process, you'll want your prospects to engage with your brand and products.
You know where I'm going with this.
To improve your game, try email automation. Send them in response to the actions of your subscribers and users.
You will soon see why triggered emails outperform regular emails over and over again.
Here you can learn more about what email automation is and how you can use it for your business.
action
It's time to convert your email subscribers into paying customers.
At this point, your email communication should motivate your audience to take action and engage.
Emphasize why they shouldn't waste any more time. Overcome hesitation using testimonials, customer reviews and case studies. Use the language that works for your audience.
If your product is going to help them save money or advance their careers, show them the numbers! If you are selling a physical item with limited inventory, now is the time to clarify. And whether you offer a money back guarantee, easy or free returns, a free trial period - all of that should be highlighted in your email sequence.
Eliminating Friction in the Funnel
Take this free guide and learn the main findings of our groundbreaking study with Demand Metric.
How to create a marketing funnel - best practices
Creating a marketing funnel doesn't have to be rocket science, it just takes a little time.
But creating an effective marketing funnel takes both time and practice.
That's why we've put together the best practices that will help you get started at an already high level, which you can then improve on your own.
1. Effectively generate traffic
As I mentioned before, it's not about driving traffic to your landing page or squeeze page. It's about driving the right traffic.
Focus your efforts on identifying the audience that is likely to convert.
This means reducing your segmentation when setting up social media ads, using lookalike audiences, and observing which users take the desired action.
If you find that certain groups, in particular, are visiting your site without converting, it is probably best to remove them from your target group or adjust your ads to better meet their needs.
To learn more about driving traffic to your landing pages, read our guide.
2. Choose the right lead magnet
Take a look at this list of lead magnet ideas and the study we conducted with 790 marketers.
After considering these, you should understand that the same main magnet will not work for everyone. This is why you need to understand who you are targeting and then test your instincts.
Maybe a checklist will win an ebook? Or a file by e-mail during an individual consultation? Rate each major magnet, but don't just focus on the money.
Sometimes it's about how quickly your audience can benefit from the main magnet, not how big it is. Have you ever downloaded an ebook that you never read because it was too big? That's what I mean.
3. Optimize your communication for all devices
Now it shouldn't be repeated, but I will. Your website, landing pages, and emails should be optimized for all types of devices.
At the same time, if for some reason the mobile experience of any of these doesn't work, ask yourself if you really want to target mobile users?
See if mobile users are converting, and if not, make a strategic decision if you want to include them in your targeting.
To learn more about mobile optimization, be sure to read our responsive landing page design guide and email design guide.
4. Correctly define your goals and parameters
This is something that we marketers often get confused about. What we're looking for are vanity metrics. But what interests us are actionable metrics.
Are you really interested in how many people have visited your page or how many of them have converted? Are you interested in how many people opened your email or how many clicked on your incentive?
Write down your goals, then make sure you focus on the right metrics - the ones you have an influence on that bring you closer to growing your business.
The funnel visual highlighting funnel metrics commonly used by marketers should get you started.
5. Nurture your leads
The idea behind marketing funnels is to target customers with the right kind of content at the right time. Don't ask for a pledge right away.
You include the address on your order form for those who have already arrived with the "I'm ready to buy" mindset. For the others, you will have to feed them first.
6. Experiment and increase your conversion rates
Even if you know your target audience very well, chances are you have more than one idea on how best to approach them.
Rather than following your gut, you can evaluate your ideas by running A / B tests. What can you test? For example, your squeeze pages or your follow-up email sequences
In doing so, don't just focus on changing the color of your CTA buttons - these things may not have a major impact on your conversion rates.
Different copy, location of your signup form, location or type of social proof, videos, etc. these can help you improve your conversion rates and grow your business.
These resources will help you optimize your funnels for more conversions:
Create your funnel today
Now that we've covered the basics, you're ready to start building your marketing funnels.
The good news is that with the funnel templates out of the box, this process shouldn't take you too long. So now the question is ...
How are you going to use this knowledge?
Let me know by leaving a comment below ??
And if you want to see the entire process of building a sales funnel from scratch, here it is:
Ready to build your first marketing or sales funnel? Take a tour of GetResponse conversion funnels and see how easy the funnel building process can be.