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| What is Sales Funnel? |
A Sales Funnel is a visual representation of the steps required to sell your products or services. A sales funnel should reveal how many prospects you have in each stage of your sales cycle, and also detail your conversion rates for each stage. Now what steps does your customers go through the sales funnel? Here’s 7 steps that they go through that I got from udemy.com : Awareness: You make customers aware the you exist Education: Teach customers why they need your product Evaluation: Customer need to make figure out if product/service will benefit Engagement: Prospects got all information, now they need a nudge Commitment: Someone has committed to buying your product Purchase: You just made a sale LoyalFan/Repeat Customer: Trust is built and they become loyal/repeat customers.
