If you’ve run any marketing campaigns before, you’ve likely come across or maybe even used some form of marketing funnels – visual representations of the customer journey.
While marketers are becoming more and more interested in them – and for good reasons which I’ll explain in more detail below – we found the informational chaos surrounding this topic discouraging to say the least.
That’s why in this article, we’ve decided to gather it all:
- marketing funnel definition,
- best practices,
- use-cases and tips on who it’s most useful for.
Finally, we’ll provide a step-by-step guide to help you create a high-converting marketing funnel that’ll work for your business.
With that out of the way, let’s start by defining the marketing funnel.
What is a marketing funnel?
Marketing funnel is a system that helps you attract consumers, turn them into leads or prospects, and finally convert them into paying customers.
And why is it called a funnel?
Because when you think about the size of your audience at each stage, it kind of looks like one.
Let’s imagine you’re selling a copywriting course, online.
At first, your audience is big. Using Facebook ads and other promotional tactics, you’re trying to reach as many potential students as possible. This is the top of your funnel, which is its widest part.
You’ve managed to show your ads to a lot of people, but only some of them decided to click through the ad and visit your landing page. The size of your audience has shrunk, just like the funnel itself would do.
On your landing page, you’ve given away a free resource, e.g., an ebook on 10 copywriting tactics for social media specialists. Some of your website visitors got interested and decided to download the ebook and provide you with their email address. Again, some of the people dropped off and your funnel became a bit thinner at this stage.
Next, you’ve sent a series of emails to everyone who downloaded your ebook. The last email invited them to join the paid version of your course.
Some of your recipients dropped out and some ended up signing up for the course.
And that usually marks as the end of the funnel.
What about other scenarios where the conversion doesn’t happen online or requires contact with a sales-agent?
These are also referred to as funnels.
Whether you’re buying a coffee from a large coffee chain or buying a house from a real estate agent – the way these businesses sell is also through marketing funnels.
These terms used to have slightly different definitions in the past, but these days they usually refer to the same concept.
The main distinction between the different types of funnels you’ll be building will depend on your objectives.
The goal of your funnel could be something like:
- selling a product (physical or digital)
- building a list
- promoting a webinar (free or paid)
Naturally, you might just as well use funnels to collect survey answers or have people sign up for a live demo of your platform.
The funnel framework, just like the famous AIDA and other hierarchy of effects models, is based on the theory that consumers move through a series of stages before they eventually buy a product or service.
As you’ll see in the diagram below, the stages in the AIDA model refer to how consumers think (cognitive), feel (affective), and finally – act (behavioral).
We’ve also added some explanation as to what types of questions you need to answer at each stage and what marketing methods you can use to help the consumers progress through the funnel.
Why using marketing funnels is beneficial
As you can see from the following Google Trends report, the interest in marketing funnels has been steadily growing over the last five years.
And we can see where that’s coming from.
While nearly all advertising campaigns are aimed at generating sales – in one way or another – not all of them are designed to do so directly.
Using a funnel and the AIDA model helps marketers visualize the stages and tasks advertising campaigns should fulfill first before the consumer makes a decision to buy a given product or service.
In other words, marketing and sales funnels will help you keep your campaigns organized and drive your target audience strategically towards action.
Not only that, funnel software tools like GetResponse Autofunnel also help you choose the best steps to include in your funnel. Pre-designed templates and funnel scenarios successfully remove the guesswork.
For each stage of this so-called customer journey, marketers can choose different tools and marketing tactics to help their consumers advance down the funnel and towards the buying decision.
At the same time, for each of the stages, marketers will be using different metrics and KPIs to report on their campaign progress.
To give you a better overview, here are a few examples of metrics you’d likely report on across the three key areas of your funnel – Top of the funnel (TOFU), Middle of the funnel (MOFU), Bottom of the funnel (BOFU).
OK, all this explains why using marketing funnels is beneficial for your business, but it doesn’t answer why their popularity has increased in the last five years. After all, AIDA and funnel models have been used by advertisers for over 100 years.
The key reason for this is technology.
In the past, you had to develop all the elements of your marketing funnel separately, and then connect them together.
To make myself clearer, this is what you’d normally had to do, individually:
- run social media ads,
- develop landing pages,
- set up autoresponder email sequences,
- set up exit intent forms,
- come up with upsell or cart abandonment offers,
- and so on.
Nowadays, you can connect each of these elements via API or ready-made integrations and plugins.
Or better yet, you can use GetResponse Autofunnel, which offers all of said elements inside one single platform.
What are the benefits of this approach?
- You don’t have to spend time integrating all the different tools to create your own marketing funnel – it’s done for you, automatically.
- Plus, you don’t need to pay for separate tools like the landing page builder, email marketing, email autoresponder, social media ads creator, webinar platform, and so on – it’s all built into your GetResponse account.
- Last but not least, thanks to built-in payment processing and tracking functionalities you can both sell and measure your sales results right from one dashboard.
Here’s what it looks like.
What types of businesses can benefit the most?
All types of businesses obviously! Marketing funnels help you turn prospects into customers, and that’s what every business is about, right? Now take a look at a few examples of businesses that could benefit from using marketing funnels and how they’d do it.
Let’s say you’re managing a local business that offers a wedding planning service.
At the top of your marketing funnel, you’d likely want to focus on generating traffic to a specific landing page, for example through Facebook ads.
There you’ll want to turn these visitors into leads by, let’s say, offering them a chance to sign up for your wedding prep tips newsletter.
Once they sign up, they immediately enter an email sequence that consists of several messages with tips for a stress-free wedding. That’s your middle of the funnel.
After reading your tips, your subscribers might realize that organizing a spectacular wedding takes a significant amount of time and effort (and stress!), and they might not want to do all that on their own.
That’s why sometime in the sequence (when you know they’re approaching the bottom of the funnel) you can present your upsell offer – your services that’ll make your customers feel like a guest at their own wedding.
Whoever is interested can either reach out to you directly or buy one of your wedding planning packages right off the site.
And there you have it.
Want to use this funnel idea? Go ahead. It’s done for you with a complete set of landing page and autoresponder templates in GetResponse Autofunnel.
So you’re running a coaching business.
As an expert in the field, you’d like to sell an online course or a membership program to new audiences.
To do that, at the top of your funnel you can set up a landing page with a lead magnet, for example, an ebook on how to land your first customer.
To drive traffic, you’d set up a social media ad campaign to reach an audience that looks similar to your existing clients.
After a user fills out the form, they receive an ebook along with a series of autoresponder emails with additional tips on how they can win more customers and improve their business.
After several emails, it’s time to present your upsell offer, the membership program or a paid course.
That’s when you drive traffic from your emails to your sales page.
To increase your conversion rate, you’d typically include an exit intent form and also track which users filled out the form and completed the order.
Then, you could retarget those who haven’t committed – maybe they abandoned the page or haven’t clicked through to the sales page.
And that’s it.
Of course, you could expand this process, and, for example, A/B test your landing pages to optimize them for conversion.
Let’s say you have a store that sells sweets, chocolates, and candy.
How can you drive more sales using funnels?
Here’s one way to do it.
You set up a funnel that starts with a landing page and a lead magnet.
The lead magnet? A cookbook or a collection of recipes for healthy snacks.
After driving traffic to the page from social media ads and emails, you can nurture those who filled out the form.
Just set up an autoresponder sequence with a series of cooking tips and recipes.
After several of such emails, you’re ready to present your actual products.
Drive your email subscribers to the sales page where they’ll happily convert into paying customers.
And for those who haven’t converted right away, give it another go, send them another offer several days later and amplify your campaign reach with social media ads.
Strategies to help your email subscribers advance through the stages of your marketing funnel
I’m sure you already know this:
Not one single email could possibly answer all your subscribers’ needs.
Which takes us to one of the key advantages of the funnel marketing approach:
Funnels ‘force’ you to remember about the customer journey, the different lifecycle stages, and the changing needs of your subscribers.
That’s what makes this framework useful – and effective, too.
To help you guide your subscribers through your funnel, we’ve developed this handy infographic.
Below, I’ve summarized its main points, but feel free to bookmark it and save it for later.
It’ll be useful when you’ll start developing or optimizing your existing marketing funnels.
Your audience isn’t yet aware of your brand and the products and services you offer. You need to change that, as effectively as possible.
To do that, focus on lead generation.
Build a landing page, create a lead magnet, and drive traffic to your page.
There are many ways you can drive traffic, effectively.
Use social media ads, search engine advertising, display ads, add banners to your pages, send an email to your existing email list, sponsor a podcast, or partner up with another business.
Make sure you’re not just attracting any audience – this has to be a target email list consisting of people who you potentially convert at a later stage.
Remember to pick the right lead magnet for your audience. Not everyone will be interested in an ebook or a checklist.
And don’t forget about retargeting those who’ve engaged with your ads. This will help you get a bigger bang for your buck.
So you’ve managed to turn some of your landing page visitors into email subscribers.
Now’s the time to help them realize that what you’re offering is the right solution to their problem.
To do that, create an autoresponder email cycle that’ll discuss the different aspects of the topic your subscriber’s interested in. While doing so, make sure to emphasize the strengths of your offer and why your brand should come up naturally when they’re thinking of the topic.
During this process, you’ll want your prospects to engage with your brand and products.
- If it’s a video course that you’re selling, let them watch some of the course materials, answer a few quiz questions, and download some additional materials.
- If it’s an ebook, give them a free sample including the first few chapters.
- If it’s a physical product like a T-shirt, show your subscribers how it can be worn on different occasions to fit their mood and style.
You know what I’m getting at.
To step up your game, give email automation a try. Send them in response to your subscribers’ and users’ actions.
You’ll soon see why triggered emails outperform regular emails multiple times.
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 commit.
Emphasize the reasons for why they shouldn’t waste any more time. Overcome the hesitation by 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 in their career, show them the numbers!
If you’re selling a physical item with limited stock – this is the time to make this clear.
And if you offer a money-back guarantee, easy or free-returns, a free trial period – all of this should be emphasized in your email sequence.
Setting up marketing funnels – best practices
Creating a marketing funnel isn’t necessarily rocket science, it just takes a bit of time.
But creating an effective marketing funnel takes both time and practice.
That is why we’ve gathered the best practices that’ll help you start at an already high level, which you’ll then be able to improve on your own.
1. Drive traffic effectively
Like I mentioned before, it’s not about driving any kind of traffic to your landing page or squeeze page. It’s about driving the right traffic.
Focus your efforts on identifying the audience that’s likely to convert.
This means narrowing down your segmentation when setting up social media ads, using lookalike audiences, and observing which users perform your desired action.
If you’re seeing that some groups in particular are visiting your site and not converting, it’s probably best to remove them from your target group or tweak your ads to fit their needs better.
2. Optimize your communication for all devices
By now this shouldn’t have to be repeated, but I’ll do it anyway. 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 for any of those assets isn’t working, ask yourself whether you want to target mobile users at all?
See whether mobile users are converting and if not, make a strategic decision whether you want to include them in your targeting.
3. Choose the right lead magnet
Take a look at this list of lead magnet ideas.
After reviewing this list, you should understand that the same lead magnet won’t work for everybody. That’s why you need to understand who you’re targeting and then test your gut feeling.
Perhaps a checklist is going to win over an ebook? Or an email swipe file over a 1-on-1 consultation?
Evaluate each lead magnet, but don’t just focus on money.
Sometimes it’s about how quickly your audience can benefit from the lead magnet that matters.
4. Nurture your leads
The whole idea behind marketing funnels is targeting customers with the right type of content at the right moment.
Don’t ask for a commitment right away.
You hint at the address of your order form for those who already arrived with the ‘I’m ready to buy’ mindset.
For others, you’ll have to nurture them first.
Here are some good tips on how you can achieve this with email drip campaigns.
5. Get your objectives and metrics right
This is something we as marketers often get wrong.
What we’re looking at are vanity metrics. But what we’re interested in are actionable metrics.
Are you really interested in how many people visited your page or how many of them converted?
Are you interested in how many people opened your email or how many of them clicked through to your upsell offer?
Write down your objectives and then make sure you’re focusing on the right metrics – the ones you have an influence on and which bring you closer to business growth.
6. Experiment and increase your conversion rates
Even if you know your target audience very well, chances are that you’ve got more than one idea on how to approach them best.
Rather than going with your gut, you can evaluate your ideas by running A/B tests.
What can you test? For example, your squeeze pages or thank you pages.
When doing so, don’t just focus on changing the color of your CTA buttons – these things may not make a major impact on your conversion rates.
Different copy, the placement of your signup form, the placement or type of social proof, videos, and more – these elements can help you improve your conversion rates and grow your business, too.
Time to apply your knowledge
Now that we’ve covered the bases, you’re good to go and start building your marketing funnels.
The good news is that with ready-made funnel templates 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 full walkthrough of how you can create a sales funnel with GetResponse, here it is:
Ready to create your first marketing or sales funnel? Give GetResponse Autofunnel a spin and see how simple the funnel creation process can be.
- Introducing GetResponse Autofunnel [EARLY ACCESS]
- How to Drive Traffic to Your Site Using the GetResponse Social Ads Creator
The post Everything You Should Know About Marketing Funnels appeared first on GetResponse Blog – Online Marketing Tips.