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Effective Sales Funnel Metrics

Posted: Sat Feb 22, 2025 9:36 am
by monira444
Establish a process that always ensures an effective and direct path to conversion:

Budget-related issues : offer discounts or viable special payment terms;
Doubts about the real effectiveness of your product for the problem : offer case studies with similar problems that prove this;
Lack of understanding about how your product works in practice : schedule a demonstration or offer a trial version of the product.
This way, all paths taken by your leads lead to conversion.

As you can see, there are many advantages to investing in creating a sales funnel for your business. However, structuring all of this can take time and knowledge that your own team may not always have.

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As important as establishing funnels in your company is knowing how to measure how effective they are for your goals.

Sales funnel metrics can help you understand your performance through the lens of some critical, performance-oriented KPIs , and help you identify opportunities for growth.

Remember: it’s important to look at the sales funnel as a whole, rather than just one or two metrics. Below, we’ll go into more detail about each metric – check it out:

Entries
Your intakes can be defined as the number of leads that enter your sales funnel during a specific period. To do this, it’s important to know where your sales funnel starts:

Does it start when someone joins your email list?
The moment they access your physical space?
As soon as they click on a digital media ad?
When do you send a message through one of your digital channels?
Define where your effective sales funnel starts and you’ll define your entry point – and arrive at your number of entries.

Conversion rate
This is the percentage of leads that convert into customers. Since your goal is to convert as many leads as possible, defining your conversion rate can help you figure out the best way to do that.