Although the marketing funnel has remained relatively unchanged, automation and digital marketing have become a key factor in how prospects enter and stay in the funnel. This article covers the structure of the modern marketing funnel, and the best-practice tools that can help automate your funnel.
With an efficient automation system in operation, brands can free their time of admin and see a massive difference in their sales campaign performance. This blog will teach brands which tools are best suited for their needs and therefore how to improve conversions.
How the marketing funnel changed over time
Elias St. Elmo Lewis developed the sales funnel in 1898. He created the first marketing funnel by breaking down the customer journey into stages. These stages are still used to this day, which include awareness, interest, desire, and action. The acronym is still very popular to this day: AIDA.
Much of the sales funnel hasnโt changed in the past hundred years. The modern marketing funnel is still based on Lewisโ work. Slight variances have emerged over the years, though with leading marketing organisations like Hubspot, Moz and Forrester stressing it.
The obsolete traditional marketing funnel
The traditional marketing funnel teaches brands that consumers will simply complete their purchase journey. This concept is still valid but has significantly developed to meet the demands of modern consumers.
Even when different companies have a slightly different marketing funnel, brands will find obvious distinctions from the obsolete sales funnels of the past.
The Modern Sales Funnel:
1) Does not end with a purchase.
2) Requires marketing growth tactics at every stage.
3) Is not linear.
Timeless principles of the traditional marketing funnel
The aim of a purchase funnel has always been the same โ to drive sales and generate revenue. Itโs a fundamental part of any business that sells any kinds of products or services to an audience. At its most basic level, the traditional funnel comprises three important stages:
- AwarenessโThe stage when the customer discovers the brand.
- InterestโThe stage when customers show an active interest in the product or service.
- DecisionโWhen the customers decide if the products and services are something that they will need.
- ActionโWhen the customer purchases the product or service.
These stages have not changed, but it has developed into having additional layers. These all work together to ensure that easing customers to the end of the funnel is still a crucial priority.
What the modern marketing funnel can bring to your company
Every business needs to investigate what channels work, what helps the brand grow and which ones donโt. Understanding this process is the only way to guarantee that a businessโ digital marketing funnel will work the intended way.
In the modern ecommerce marketing funnel, all the stages are still there, but they donโt look like they used to. Brands still have to attract leads and cause interest, but not necessarily in that order. They also need to prompt decisions and action, but not using the same tactics.
Source: Think with Google
Modern marketing funnels allow leads to enter at any stage. Gone are the days when leads need to be โacquiredโ or walk through a series of predictable stages. The customerโs journey is now an omnichannel. Automating the marketing funnel will help ensure that the brand is ready to meet the customerโs need at any point in the sales process.
For more established businesses, expanding the basic sales funnel to accommodate additional stages may be necessary.
Additional Sales Funnel Stages
- Awarenessโthe moment a consumer discovers the product or service.
- Interestโthe potential customer shows an active interest in the product or service.
- Evaluationโcomparing the products and services with those of rival brands.
- Considerationโthe leads take time to assess all available options or alternatives.
- Desireโthe customer decides that the product or service fits their needs or desires.
- Actionโthe customer buys the products or service.
- Revaluationโafter the purchase, the customer continues to evaluate whether the product or service suits their needs.
- Repurchase – the customer is happy with their purchase and comes back for more.
What are the essential tools for marketing funnel automation?
There are dozens of marketing funnel automation software on the market. Understanding what each stage needs and what works best is what brands need to identify.
Clickfunnels
Clickfunnels is a software that allows brands to manage the entire sales funnel. It features multiple funnel templates and systems for almost any kind of service or product. Brands can set up a funnel, optimise it and even collect payments all in a single tool. The best feature that Clickfunnels offer is that it does not need a developer to make it work.
Brands only need to choose the industry where it belongs, such as B2B, network marketing, consulting or e-commerce. Then pick out the funnel that needs to be built, such as an event funnel or a lead magnet. Brands can design their marketing funnel the way they want it. It also comes with either free or paid templates, which allow brands to customise their funnel.
Sumo
A suite of tools that supports marketing funnel automation. Sumo offers four amazing tools that brands can take advantage of:
- Smart Bar (for collecting emails)โcan create CTAs and placed at the top or bottom of a window.
- Share buttonsโbest for social sharing.
- Welcome Mat (for collecting emails)โused as a CTA, video, an article or a web page.
- List Builder (for collecting emails)โused as a pop-up or as a click trigger.
Mindmeister
This marketing funnel automation tool enables brands to create mind maps. If the current marketing funnel has moving parts, this tool will help put together and organise any ideas. Some features include:
- Build funnels from scratch.
- Customisable and ready-made templates.
- Upload own images.
- Choose unique shapes, fonts and colors.
- Team collaboration.
- Share funnels with social platforms.
Breakthrough Email
This tool allows brands to optimise their cold email strategy. This time there is no need to train the sales team since this tool will pick out the customers. It can also handle sending cold emails to leads. Breakthrough email allows brands to study their prospects and target high value leads to ensure better conversion.
Funnelytics
This tool is one of the best solutions if brands wish to map out their funnels in the most efficient way possible. The tool takes out simple problems that marketers face, such as colors, shapes and labels that represent various parts of the sales funnel.
Features:
- Specific icons, traffic sources, offline channels and pages
- Premium templates that are modeled after some of the best campaigns online
- A vault which contains free templates
- Share your sales funnel with an audience
Sketchfunnels.io
Sketchfunnels.io is a web-based software that allows brands to sketch their funnels with ease. It comes with a drag and drops functionality, as well as dozens of options to create a beautifully made sales funnel.
Features:
- Easy drag-and-drop function so that brands can easily resize, add text and design their funnels.
- Create templates for repurposing in the future
- Export sketches
- Share sketches with other Sketchfunnels.io users
- Specific icons can create order pages, landing pages, sales pages, launch pages, webinar pages, traffic source and follow-up methods.
Thrive Leads
Thrive Leads is a WordPress plugin tool that can help generate email subscribers. The tool is popular for its opt-in forms. It focuses on building and deploying an opt-in box that is useful for collecting email addresses and managing lead magnets.
Typeform
Typeform is the best tool for brands that want to generate leads uniquely and interactively. It allows brands to deploy surveys and quizzes that generate interest. It is an excellent tool to help improve engagement from the start to the end, as well as segment the email list.
Wishpond
For brands that want to be interactive on a whole new level, Wishpond allows better user-generated content to run smoothly. This tool allows brands to create fun social media contests, which brings more leads to the top of the funnel.