Entrepreneurship

What is Sales Funnel?

Many of us read about Sales Funnel and some of our visitors asking about sales funnel, what are its benefits etc. In this article you ‘ll easily understand the definition and working of a sales funnel.

 

This is how Sales Funnel works.

This is how Sales Funnel works.

Many of us read about Sales Funnel and some of our visitors asking about sales funnel, what are its benefits etc. In this article you ‘ll easily understand the definition and working of a sales funnel.

Sales Funnel is a marketing term, (usually used for digital products) intends to sale you high price product as an auxiliary product with low price products. Mostly it is done by making additional optional offers to existing customers and subscribers. Many businesses including traditional ones also using sales funnel even if the marketing staff doesn’t recognize it properly.

Read this article How to do marketing in low budget? Smart Tips for Entrepreneurs

For example, a visitor comes to your business just to ask information about a product. The sales and support staff deal him properly and offer him some low price products of his interest. Once he accepted the offer the sales guy offers him some additional products of high price as compared to previous one. If he accepted another offer of some high price product(s) will be made and this process ‘ll continue till the costliest product which has highest price ‘ll offered to him. This is how visitors came to sales funnel turned into low price buyers/customers and then turned into potential customers.

If you are owner of a website/blog, you can publish this definition by providing a back-link to this page of Help n Guide. Feel free to comment down your feedback.

 

About the author

Muhammad Ahmed Raza

Muhammad Ahmed Raza holds Masters degree in computer science, education and Islamic studies. He is Founder of Help n Guide, motivational speaker, and computer science professional. He is an experienced website developer since 2008 at professional level, as well as web developer of Pakistan’s best and trusted online Urdu newspaper Falak News. Beside this he delivers lectures about computer science topics in different reputable institutions.