Are you looking for a sales funnel template that you can use to increase your conversion rate? In this article, we will walk you through the different sales funnel stages along with sharing 18 ways for increasing your sales funnel conversion rate.
Before we dive into the tips to increase sales funnel conversion rate, it’s important that we are on the same page about what is a sales funnel and what you’re looking to optimize for in the different sales funnel stages.
What is a Sales Funnel?
By definition, a sales funnel is simply a tool for visualizing where your prospects are in the process of making a buying decision. A sales funnel is wide at the top because prospects with all level of engagement enter and eventually the most engaged ones are channeled to the bottom of the funnel to be turned into sales and repeat customers.
Sometimes, it’s easier to visualize the funnel stages by looking at an actual sales funnel chart.
While in most sales funnel presentations, you will see a chart similar to the one above, we believe it’s actually easier to understand the sales funnel when you don’t use the buzz words for each stage.