Sales Funnels
Sales funnels are a conceptual structure that has proven useful to gain insights about customer behavior during the pre-sales process.
Sales funnels are a conceptual structure that has proven useful to gain insights about customer behavior during the pre-sales process.
When a lead is generated through advertising, the marketing process, or another source such as a face-to-face encounter, the lead is usually characterized as a prospective customer. At that point, the salesperson will designate that the prospect is “in the funnel”. This is only the start of transit of the lead through the imaginary "sales funnel". The early funnel area is represented by the opening at the top, in the accompanying diagram.
Why is it important to set conversion values? Without it, you won't know the two most important metrics in digital ad campaigns. Steve shows you how to estimate conversion values in this short video.
A CRO baseline is first established using web analytics. We identify navigation paths they take as they move through the site. We may, with your permission install heat maps that record user navigation across pages.
A "sales funnel" is a conceptual model showing traffic flow, from first awareness of a product or service, to purchase. Characteristics and behavior of traffic entering, transiting, and exiting a sales funnel can deliver valuable insights to digital advertisers.