What Is A Marketing Funnel?

A marketing funnel is basically a way of mapping a customer journey from awareness of your brand/business through to the final stage (purchase/sign up). There are different types of funnels focusing on specific areas of marketing (social media marketing funnels, video marketing funnels, email marketing funnels etc) but they all have the same role - to follow the steps a customer takes before fulfilling the final stage.

Why do you need a marketing funnel?
Having a marketing funnel will give you great insight into your customer journey. The data you will get from the funnel report will highlight if you are losing customers along their journey and help you focus on the weaker areas of your marketing plan. You will see which areas are strong and which areas you can build on. It will help you focus your marketing to your target audience which will ensure a better conversion rate. Understanding your customers and their needs makes it much easier for you to guide them through the ‘funnel’ and hopefully bring you more sales through your website/leads.
 
It may seem like a lot of data but it all makes sense once you understand your numbers and can see where you can improve brand loyalty or increase conversion rates.
 
How can a marketing funnel help your business?
A marketing funnel is a great way to build brand loyalty which in turn leads to recommendations, new customers and further sales. The marketing funnel is made of stages your customer goes through before making that purchase:

• Awareness - Attracting new customers
• Attention - Make your brand stand out from your competitors

• Action - Encouraging your new customer to make the purchase
• Engagement - Keeping in touch with your new customer through social media channels
• Loyalty - Building trust with your customers so they recommend your business to others

 
The information you will get from a marketing funnel will help you gain understanding of your audience and ultimately help you convert them into loyal customers.
 
If you need help with your marketing plan and would like more information, why not get a FREE Health Check