HomeNewsTipsHow to build an efficient sales funnel

How to build an efficient sales funnel

Building an efficient sales funnel is essential for any company that wants to increase its conversions and improve the overall performance of its business process. The sales funnel is nothing more than a representation of the path taken by a potential customer from the first contact with your brand to the completion of the purchase. When well structured, it can not only generate more sales, but also optimize the efforts of the sales and marketing team.

“To remain competitive in the market, a company needs to seek customer satisfaction, make business partnerships, improve management, have a well-trained team, not be afraid of competition and adhere to new” technologies, says Raphael Lassance, Partner of Sales Club, largest ecosystem specialized in sales solutions for companies. 

Thinking about it, the entrepreneur listed 6 steps to build a successful sales funnel. Check: 

1. Understand your target audience

The first step to creating an efficient sales funnel is to know your target audience deeply. Knowing who your potential customers are, what their needs, pains, desires and behaviors are, is critical to effectively direct your communication. For this, create personas, which are fictitious representations of your ideal customers. This will help you understand how your offer can solve the problems of these people and at what stage of the funnel they are.

2. Define the steps of the funnel

A traditional sales funnel is divided into three main stages: top, middle and bottom. Each of them corresponds to a different stage in the customer buying process. By defining these steps, it is possible to create specific strategies for each of them, increasing the probability of conversion at each stage.

  • Top of funnel (attraction): At this stage, the goal is to attract visitors to your website or sales page.The idea is to educate and offer relevant content to solve common problems or questions of your target audience.Effective strategies include blogs, videos, social networks and paid ads;
  • Middle of funnel (consideration): Here, the lead already knows your brand and is considering options to solve your pain. The focus should be to nurture this lead with more in-depth content, such as e-books, webinars, case studies and educational materials. It is time to build a relationship and highlight the differentials of your offer;
  • Funnel bottom (decision): The lead is ready to make a purchase decision.The goal now is to convince you that your solution is the best option. Offer commercial proposals, product demos or special discounts to encourage conversion. Testimonials, success stories and guarantees are also essential to strengthen trust at this time.

3. Automate and optimize the process

Using marketing automation tools can be decisive in building an efficient sales funnel. With these tools, you can nurture leads with targeted email campaigns, schedule follow-ups, and create automatic flows to move leads through funnel steps more efficiently.

4. Track lead behavior

Each lead has a unique behavior throughout the funnel.Some CRM (Customer Relationship Management) tools can help track the journey of each lead, allowing the sales team to know exactly what stage it is at and what the most effective approach to continue the negotiation.

5. Train your sales team

The sales team should be aligned with the sales funnel and clearly understand how each step works. Offering regular training on best practices for lead qualification and sales closing techniques is essential to ensure your team is ready to act effectively at each stage of the funnel.

6. Constantly evaluate and adjust

An efficient sales funnel is not static. It is critical to track results with metrics and KPIs (Key performance indicators) to evaluate what is working and what needs to be adjusted. Conversion rates, average closing time, customer acquisition cost and return on investment (ROI) are some of the data that must be analyzed to optimize the funnel.

E-Commerce Uptate
E-Commerce Uptatehttps://www.ecommerceupdate.org
E-Commerce Update is a benchmark company in the Brazilian market, specializing in producing and disseminating high-quality content on the e-commerce sector.
RELATED MATTERS

Getnet reveals that Customer Week drives online sales with an increase of 13.94% The Customer Week campaign, which took place between September 5th and 11th, resulted in a 13.9% increase in online sales, according to data from Getnet. The payment processing company analyzed the behavior of more than 100,000 merchants on its platform and found that the average ticket increased by 3.7% compared to the same period in 2022. The most significant growth was observed in the South region, with a 17.6% increase in sales. The North region also showed a strong performance, with a 16.8% increase. The Southeast and Midwest regions had growth of 13.3% and 12.4%, respectively, while the Northeast region had the lowest growth, with an increase of 9.8%. "Customer Week is an important date for retailers, as it is an opportunity to attract customers and increase sales. The results show that the campaign was successful in stimulating consumption and that consumers are increasingly looking for online shopping," says Marcelo Labuto, CEO of Getnet. The data also reveals that the fashion segment was the most benefited by the campaign, with a 21.3% increase in sales. The electronics and household appliances segment also had a significant increase, with a 17.6% increase. "The fashion and electronics segments are traditionally the most sought after during promotional periods. The results show that this trend continues and that consumers are increasingly looking for discounts on these products," says Labuto. Getnet also observed an increase in the use of credit cards during Customer Week. The use of credit cards increased by 15.4% compared to the same period in 2022. "The increase in the use of credit cards shows that consumers are confident in the economy and are willing to make purchases on credit. This is positive for retailers, as it allows them to increase their sales," says Labuto. In summary, Customer Week was a successful campaign for online retailers, with a significant increase in sales and the average ticket. The fashion and electronics segments were the most benefited, and the use of credit cards increased. The results show that consumers are increasingly looking for online shopping and that promotional periods are an important opportunity for retailers to increase their sales.

RECENTS

Inclusion and speed: the Brazil-Asia e-commerce revolution In recent years, Brazil has experienced a significant transformation in its e-commerce landscape, driven by a combination of factors including increased internet penetration, the rise of mobile technology, and a growing middle class with higher disposable income. This transformation has been further accelerated by the strengthening of trade relations between Brazil and Asia, particularly with China. **Inclusion: Bridging the Digital Divide** One of the most notable aspects of Brazil's e-commerce growth is the inclusion of previously underserved populations. Historically, Brazil has faced challenges with digital inequality, where certain regions and demographic groups had limited access to the internet and e-commerce platforms. However, initiatives by the government, private sector, and non-governmental organizations have worked to bridge this digital divide. Programs such as "Internet para Todos" (Internet for All) have aimed to expand broadband access across the country, particularly in rural and remote areas. Additionally, partnerships with tech companies have led to the development of affordable smartphones and payment solutions, making it easier for lower-income individuals to participate in the digital economy. **Speed: The Rapid Growth of E-commerce** The speed at which Brazil's e-commerce sector has grown is remarkable. According to data from the Brazilian E-commerce Association (ABComm), the sector has seen exponential growth over the past decade. In 2020, despite the challenges posed by the COVID-19 pandemic, e-commerce sales in Brazil reached a record high, with a significant increase in the number of online shoppers and the volume of transactions. This rapid growth can be attributed to several factors: 1. **Increased Internet Penetration**: With more Brazilians gaining access to the internet, the potential customer base for e-commerce has expanded significantly. 2. **Mobile Technology**: The widespread adoption of smartphones has played a crucial role in driving e-commerce growth. Mobile commerce (m-commerce) has become increasingly popular, allowing consumers to shop anytime, anywhere. 3. **Payment Solutions**: The introduction of various payment methods, including digital wallets, credit cards, and installment plans, has made online shopping more accessible and convenient for consumers. 4. **Logistics and Delivery**: Improvements in logistics and delivery services have enhanced the e-commerce experience. Companies have invested in technology and infrastructure to ensure faster and more reliable delivery, which is critical for customer satisfaction. **Brazil-Asia Trade Relations** The strengthening of trade relations between Brazil and Asia, especially with China, has had a profound impact on Brazil's e-commerce sector. China is not only a major source of imported goods for Brazil but also a significant investor in Brazilian technology and infrastructure. Chinese e-commerce giants like Alibaba and JD.com have expanded their operations into Brazil, bringing with them advanced technologies and business models. This has led to increased competition and innovation within the Brazilian e-commerce market. Additionally, Chinese investment in Brazilian logistics and technology has improved the overall efficiency of the e-commerce supply chain. **Conclusion** The inclusion and speed of Brazil's e-commerce revolution are reshaping the retail landscape in the country. By bridging the digital divide and leveraging the benefits of increased trade with Asia, Brazil is positioning itself as a major player in the global e-commerce market. As this trend continues, it is likely that we will see even more innovation and growth in the sector, benefiting both consumers and businesses alike.

Getnet reveals that Customer Week drives online sales with an increase of 13.94% The Customer Week campaign, which took place between September 5th and 11th, resulted in a 13.9% increase in online sales, according to data from Getnet. The payment processing company analyzed the behavior of more than 100,000 merchants on its platform and found that the average ticket increased by 3.7% compared to the same period in 2022. The most significant growth was observed in the South region, with a 17.6% increase in sales. The North region also showed a strong performance, with a 16.8% increase. The Southeast and Midwest regions had growth of 13.3% and 12.4%, respectively, while the Northeast region had the lowest growth, with an increase of 9.8%. "Customer Week is an important date for retailers, as it is an opportunity to attract customers and increase sales. The results show that the campaign was successful in stimulating consumption and that consumers are increasingly looking for online shopping," says Marcelo Labuto, CEO of Getnet. The data also reveals that the fashion segment was the most benefited by the campaign, with a 21.3% increase in sales. The electronics and household appliances segment also had a significant increase, with a 17.6% increase. "The fashion and electronics segments are traditionally the most sought after during promotional periods. The results show that this trend continues and that consumers are increasingly looking for discounts on these products," says Labuto. Getnet also observed an increase in the use of credit cards during Customer Week. The use of credit cards increased by 15.4% compared to the same period in 2022. "The increase in the use of credit cards shows that consumers are confident in the economy and are willing to make purchases on credit. This is positive for retailers, as it allows them to increase their sales," says Labuto. In summary, Customer Week was a successful campaign for online retailers, with a significant increase in sales and the average ticket. The fashion and electronics segments were the most benefited, and the use of credit cards increased. The results show that consumers are increasingly looking for online shopping and that promotional periods are an important opportunity for retailers to increase their sales.

MOST POPULAR

[elfsight_cookie_consent id="1"]