Definition of Conversion Funnel
A visual representation of the customer journey from awareness to conversion.
Explanation of Conversion Funnel
The conversion funnel, also known as the sales funnel, is a model that represents the stages a potential customer goes through before making a purchase. It typically includes stages such as awareness, interest, consideration, intent, evaluation, and purchase. Each stage involves specific marketing activities and content designed to move prospects closer to becoming customers. Understanding the conversion funnel helps businesses identify where prospects are in their buying journey and tailor their marketing efforts accordingly. By optimizing each stage of the funnel, businesses can improve conversion rates, enhance customer experiences, and achieve their sales and revenue goals.