Sales Funnel Definition ? Episode #211 | CEO Training.com Episodes

by Richard Wilson on September 1, 2011

The following video is borrowed from our BusinessTraining.com platform and was originally recorded for our?internet marketing training?program. ?The use of a sales funnel can be a key to a successful marketing strategy. ?In this video, I provide a definition of the sales funnel and some helpful tips on using a sales funnel in your business.

Video Transcript/Summary:?The strategies and tips provided within this video module include:

1. It?s important to first find a great market and then figure out what products to sell them. ?
2. Sales funnels are a way to gather customers and create a long-term customer relationship.
3. Consider what is the average value of each client so that you can figure out what to spend on each client.
4. The purpose of a sales funnel is to look at a marketplace and figure out what the first step to interacting with those customers should be.
5. Provide something that makes it easy to start a relationship with the customer.
6. Leverage the power of commitment. ?
7. Eventually build up the layers of your products to the most expensive and valuable ones. ? ?

A sales funnel can play an integral role in increasing sales for your business. ?I hope that this video has increased your understanding of this powerful sales and marketing technique. ?

Thanks for joining us, and I will see you again soon,

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Source: http://ceotraining.com/sales-funnel-definition/

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