Step 1, Part 3

Understanding a Sales Funnel

Critical Skill #5 is Effective Funnel Building. So we want to share with you a little bit about funnels. Everyone who has an online business needs to create a sales funnel in order to convert their website visitors into paying customers.

If you fail to do that, you will hardly make any money.

Your primary goal with your sales funnel is to move people from one stage to another until they are ready to purchase.

So what exactly is a funnel and why is it so important?

.The answer in short: A funnel is like Walmart. You walk in wanting a candy bar and walk out with a book, paper towels a movie, a game system and then you walk back in because you forgot the candy bar! You see…Its a specialized system that allows you to sell many targeted items that people need. But in our case the funnel is to eventually help YOU MAKE MONEY.

A funnel is a way to make a lot more money effectively helping people then you could ever make on a stand-alone offer by itself.

With GDI Team Elite, The Prosperity Marketing System and the Power Lead System, the funnel is first to help build your knowledge and skill and also the team leaders business and then to help you BUILD YOUR business and YOUR teams’ knowledge and skill.

Understanding the Sales Funnel Stages:

From the first time your prospect hears about you until the moment he buys from you, he passes through different stages of your sales funnel.

This journey might differ from one prospect to the next depending on your buying personas, your niche and the types of products and services you sell.

There are 6 main stages that every Sales funnel need to be successful:

Find a need or a Problem
Create or leverage a solution
Set up a Sales System
Give Away Free Value
Follow-up
Make Premium Value Offers.

If you’re in the Prosperity Marketing System (PLS), then you’re going to need to begin setting up your basic funnel right now. Go here to continue:

If you’re in the Power Lead System (PLS), then you’re going to need to continue setting up your basic funnel right now. We take you back to “Take the Challenge 1“.

If you’re in Global Domains International, GDI does not have a funnel. GDI does provide a website however, that you can set up a funnel on. We will show you more about setting up your website in Step 3 and building a funnel with it in Step 3 and 8. That’s why we created the Sixteen Steps to help you. The Sixteen Steps is your funnel for GDI, PMS and PLS.