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What Does Sales Funnel Mean? | Sales Funnel Software + [Mintbird Demo] - YouTube
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in this video i'll discuss what does a
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sales funnel mean
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to start a sales funnel is a system
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designed to get prospects through a
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series of steps until they purchase a
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product or service
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that means as your leads go through the
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sales funnel stages unqualified leads
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are eliminated and only qualified leads
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are left with the highest chance of
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becoming a paying customer of course
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utilizing the right technology for your
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funnel marketing will also allow you to
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generate leads and sales on a 24 7 basis
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in the next few moments i'll break down
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the sales funnel stages the sequence and
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a brief software demonstration
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why is a sales funnel important well a
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number of reasons it saves you time and
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money when you qualify the prospects
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early on it avoids wasting time and
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resources on people that are simply not
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interested it helps you to focus on the
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leads that can easily be converted into
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a paying customer as well it's a shorter
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sales process which increases your
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company's revenue
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looking at the sales funnel stages in
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this example there's awareness interest
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evaluation and action if you look at the
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top the funnel is larger all of your
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online cold traffic starts at step
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number one as the software sifts and
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sorts automatically those that are
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interested versus those that are not it
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goes to the bottom with which is your
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highest quality leads which of course a
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certain percentage will now become a
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paying customer
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looking at your funnel strategy in terms
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of online traffic generation uh that
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would include content marketing it could
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include also
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search engine optimization paid
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advertising and of course social media
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like twitter and facebook and of course
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one of my favorites is video marketing
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and basically all of your online traffic
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needs to be sent someplace in this
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example to an opt-in page in the next
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section i'll break it down even further
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in
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this part of the sales funnel strategies
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or sequence i just want to break it down
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further if you notice on the left-hand
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side you'll see free traffic and paid
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traffic basically any online
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traffic that you generate you need to
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send it to some place in this case it's
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going to be sent to an opt-in page in
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exchange for the person's name and email
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address of course you're going to
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provide a
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valuable piece of information it could
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be a via a high quality ebook it could
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be for a webinar registration or it
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could be for a short video series say
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five to seven videos on a topic that is
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something they're interested in next if
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you look at the email sequence in front
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of you i've given five emails as an
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example it could be whatever number you
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decide
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however something uh important for the
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first four emails it should be
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informational and value based meaning no
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pitching no selling of any kind on the
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fifth email you could make an offer for
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a small ticket item it could be in the
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range of say 7 to 12 or something along
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those lines a certain percentage of
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course of people will become a new
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customer by buying the front end offer
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now you have a new customer what do you
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do with them okay well automatically the
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software uh transfers them over into a
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new email sequence
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and of course the cycle starts over
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again by rinsing and repeating however
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if you notice on the right hand side
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you'll see that it's uh offer number two
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in this case it could rain it's it's a
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little bit higher price so it could
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range in the form of say between uh 50
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and 100
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and again a certain percentage of your
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new customers will again buy from you
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based on the valuable information that
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you're providing uh beforehand and again
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a certain percentage will buy and again
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the whole idea behind this is to develop
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a long-term relationship with those new
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customers so they continue to buy from
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you
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of course if you have any questions just
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leave them below this video
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in just a moment i'll show you a short
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demo video about a new funnel building
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software that will be launching soon as
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well i'll explain how to get notified
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and access some free bonuses
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[Music]
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[Applause]
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[Music]
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thank you for watching this video today
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to access your free bonuses click the
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link below the video also to learn more
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about when the new funnel software will
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be launching click the link below this
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video thanks
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