Learning the art of the digital marketing sales funnel is a must for anyone putting together a digital marketing campaign or completing a digital marketing course. Google Analytics goes hand in hand with it as the platform monitors the movement down the funnel to maximise your return on investment.
The aim of any digital marketing strategy is to ultimately turn traffic into sales. This is where the digital marketing sales funnel comes into play.
What does it take to build an effective digital marketing sales funnel?
To build an effective digital marketing sales funnel you need to develop brand awareness. Sales cannot be achieved unless consumers know about your brand.
There are five main components of building a digital marketing sales funnel. These are:
- SEO – (search engine optimisation) to ensure your brand gets found in an organic search.
- Content marketing – creating content that is worthy of sharing is what you need to be aspiring to.
- Building a community – an audience or community that shares your content is the ultimate sales tool.
- Banners – digital brand awareness is created through the optimal digital positioning of your brand’s banners.
- PPC – (pay per click) is a paid digital advertising model used to direct traffic to a website
Getting started with your digital marketing sales funnel
There are many online options available to create awareness of your brand, such as AdWords, YouTube marketing, influencer marketing, e-mails and webinars.
Once leads are generated, and they become interested in your brand, they will want to know how this relates to them. Consideration takes place through content like bogs, whitepapers, landing pages and ads.
In this part of the digital marketing sales funnel the prospective client decides to use your brand.
The traditional sales funnel is still applicable to the digital marketing sales funnel. Customer retention is important to keep in mind at this stage as it is five times more expensive to replace a customer who leaves your digital marketing sales funnel than it is to keep one.