Search
Close this search box.
Blog » Business Tips » 1 Crucial Thing Your Sales Funnel Is Missing

1 Crucial Thing Your Sales Funnel Is Missing

Updated on January 17th, 2022
increase sales performance

When you’re running a business, having an effective sales funnel in place can really help you reach your goals especially if they involve turning your audience from mere spectators to raving fans and customers.

This won’t happen by accident and a sales funnel is a very strategic process that is required to take people from point A to point B with your business.

Sales funnels can be tricky for some people and can vary depending on your business and your needs. Some funnels can take minutes for prospects to go through while others can take weeks, months or years. In order to demystify sales funnels and highlight why yours may not be working as well, keep in mind that there is one key thing you could be missing the mark on.

Why Do You Need One In the First Place?

Before we jump into what your sales funnel could be missing, it’s important to identify why you really need one in the first place.

A sales funnel is necessary for any business owner who’s looking to gain more quality customers and clients. It allows you to reel in prospects and provide them with value, build trust, then convert them into paying customers and raving fans of your business who will come back for more products and services.

Having a sales funnel can be great because it can automate your business so you can consistently bring in profit. Here’s an example of an automatic sales funnel:

Blog post w/opt-in at the bottom (promoted on social media automatically) —>
Person signs up for opt-in and is welcomed to your email list —>
Person is invited to attend free webinar —>
Person is presented with upsell mini-product during webinar —>
Person is followed up by larger product offer weeks later after seeing positive results with mini product

However, if your sales funnel is not performing well and bringing in a steady cash flow, it could be missing something crucial, like the focus perhaps.

Know, Like, and Trust Factor

You probably email your list and follow up regularly as apart of your sales funnel. You might even be familiar with the know, like, and trust factor which states that all three of these things need to be established before you can expect someone to become a customer of yours.

When you think about it, people don’t buy things from people or businesses that they don’t know, like, or trust. A few weeks ago, I was watching a webinar about sales funnels and the host compared it a lot to dating.

He brought up a good point that you shouldn’t ask someone on a date, then propose marriage shortly after. It’s important to let create a detailed sales funnel process and give your audience time to work through it so they can develop more familiarity and trust.

Where Focus Come Into Play

That being said, you still may not see such positive results after offering value and grooming your audience for several months. While you may be consistent with your engagement, you need to be consistent with your message and make sure it’s relevant to that person’s needs.

When someone first opts into your email list, they do so for a reason. They want to solve an underlying problem. Too many times, we as business owners get so caught up in the marketing and offering value aspect that we fail to continue to focus in on that person’s problem and how we can help them solve it.

If we start presenting valuable but unrelated content to them, they will lose interest and won’t move forward in the funnel. This isn’t to say that you should try to serve everyone, but it’s crucial that you narrow down your funnel so its focused and consistently helps provide a solution to one or two main issues instead of going off on a tangent.

Summary

Instead of setting up a broad system that could serve anyone (but will in turn serve no one), ask yourself if your sales funnel and opt-ins are set up to satisfy a real need of an ideal client.

Also, ensure your follow up series continues to focus on solving that issue so you cain retain interest and work on the know, like, and trust factor. You’ll start to see more funnel success by narrowing it down this way.

Choncé Maddox

Choncé Maddox

Choncé Maddox is a debt expert. She helps ambitious millennials and Generation Z get our of the mounds of debt they are in following college. In 2015 she realized she couldn’t afford to do her own laundry, she was so broke. She had to make a change. Over the next three years she personally tackled $50,000 in debt and became debt free. She teaches others her passion since.

About Due

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

Categories

Top Trending Posts

Due Fact-Checking Standards and Processes

To ensure we’re putting out the highest content standards, we sought out the help of certified financial experts and accredited individuals to verify our advice. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday. Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Most of our authors are CFP (Certified Financial Planners) or CRPC (Chartered Retirement Planning Counselor) certified and all have college degrees. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today. Learn everything about our top-notch financial expert reviews below… Learn More