When I first started out as an Affiliate Marketer (back when people still called themselves that), I was pretty clueless about everything related to online business. It wasn't until years later that I realized just how important a good Sales Funnel is to any successful internet venture.
In fact, without one, there's no way you're going to make money from affiliates. So if you want to sell products or services through affiliate programs - which most people do - then you must have a solid sales funnel set up before even starting to promote them.
So let me ask you this question... What is a "sales funnel"?
For those who don't know, a sales funnel is simply a series of steps that leads someone from being interested in something, all the way down to their final action. This could be anything like buying a product/service/book, signing up for membership, registering for a webinar, subscribing to email list etc.
Now, if you've ever been involved in selling anything at all - whether offline or online - you already know exactly what I'm talking about. You may not realize it but every time you try to sell something, you go through a certain process. That process involves having a customer interest in what you offer, getting him/her excited enough so they actually decide to buy it from you, followed by making sure he/she purchases it after taking advantage of any special offers available.
This whole process has its own name, known as the sales funnel model. And it works very well because it allows you to get more buyers into your system than otherwise would be possible. The reason why is that once a person gets hooked onto your offer, it makes sense for them to take whatever actions necessary to complete the sale.
I think it might help you understand better if you break down the entire sales funnel into individual parts. Let's start off with the top part where the prospect becomes aware of your offering. Here are some examples of things you can use to draw attention:
A banner ad
An advertisement
Website link
Email signature
Social media posts
The next stage is when the visitor decides to visit your site. Once they arrive, you should show them content that will attract them further. If you have compelling content that appeals to them, they are likely to stay around longer and read more about your offer. To keep them engaged, you can include:
Blog articles
Video tutorials
Ebooks
How-to guides
You also want to give them reasons to come back again, such as adding testimonials from satisfied clients, posting new blog entries regularly, hosting live events, sending followup emails, giving away valuable resources, etc.
After that, you move forward to the next phase when the consumer takes action and buys your product/services. There are several ways to accomplish that step, including:
Offering discounts
Providing bonuses
Promoting other similar products
Giving away coupons
Sharing exclusive tips
Making a video presentation
Whatever method you choose, you will always end up with more qualified prospects coming in and converting into paying consumers. Now, here comes the tricky part. How do you ensure that these visitors become loyal customers over time?
Well, that's where the third part of the sales funnel kicks in. After completing the purchase, you need to nurture them and turn them into repeat buyers. One great strategy is to build trust between yourself and the client. For that purpose, you can provide:
Freebies
Special reports
Videos
Guarantee
Bonus materials
Once you have built strong rapport with your target audience, you can continue to encourage them to buy from you again and again.
Sounds complicated right? Well, that's because it is. But luckily, thanks to modern technology, it doesn't have to be hard at all. All you really need to do is find a reliable, easy-to-use tool like ClickFunnels and implement it into your existing website.
ClickFunnels is a powerful software platform designed specifically to handle all aspects of affiliate marketing. With it, you only need to focus on producing engaging content instead of spending hours writing HTML code.
Then all you need to worry about is promoting your content through social networks and generating traffic to your landing page. As long as you have a few pages dedicated to each aspect of the sales funnel, you can easily automate tasks like building optin forms, setting up autoresponders, tracking conversions and much more.
If you're looking to learn more about using ClickFunnels effectively, check out our comprehensive review article below. Also, if you'd like to see real life case studies of businesses that made millions of dollars with ClickFunnels, head to our resource section.
One common type of sales funnel that many entrepreneurs employ today is the multi-level commission structure. Basically, this means that you pay commissions based on different levels of success achieved within the sales funnel.
For instance, let's say that you run an ecommerce store. When a user completes his checkout, you receive a small fee regardless of whether he purchased or abandoned the order. However, if he bought a specific item, you'll get paid a larger percentage.
That same principle applies to websites too. Instead of charging users directly, you charge advertisers who pay you per lead generated. Again, the amount charged depends upon the quality of the lead.
Another popular form of sales funnel includes multiple phases. Some companies divide the sales funnel into separate sections, while others combine various elements together to create a single funnel.
Here are two examples of these types of sales funnel structures:
1) A linear sales funnel -- this kind of funnel consists of distinct segments separated by clearly defined checkpoints. Each segment contains information relevant to the previous one. The result is a clear progression from one step to another.
2) An advanced sales funnel -- this type of funnel combines many features into one big package. By doing so, the company saves space and simplifies the overall design.
Sales funnel refers to a collection of strategies used to direct prospective customers towards purchasing a given product or service.
Basically, it helps you manage and control the flow of customers throughout the process of convincing them to buy something.
It provides a framework for organizing the sales process and guiding the buyer along the path to conversion.
Sales funnel describes a sequence of actions taken by the seller to bring in potential customers and get them to buy the offered goods.
Essentially, a sales funnel is nothing more than a guide to directing the customer toward a goal. Most often, this happens through a series of steps, with each successive step leading closer to the ultimate destination.
Think of the sales funnel as a ladder, with each level representing a particular point of decision. At the bottom, the customer knows little about the product or service. From there, he moves upward towards awareness, evaluation, consideration, commitment and finally purchase.
Each stage represents a different opportunity to capture the attention of the potential customer. These opportunities differ depending on the situation, but generally speaking, the higher the level, the greater the chance of capturing the customer's interest.
While the general concept behind a sales funnel is straightforward, there are several variations that exist. Here are a couple of typical models:
1) Linear sales funnel -- this type of funnel starts off with the least attractive option (the lowest price). Customers are led gradually up the ladder, choosing progressively pricier options as they progress.
2) Advanced sales funnel -- this approach begins with the highest priced option. Potential customers begin with the cheapest choices, moving upwards as they evaluate the value of the product.
3) Pyramid sales funnel -- this variation of the sales funnel is divided into four levels. Customers start at the base and proceed up the pyramid in ascending order.
4) Hub & spoke sales funnel -- this version of the sales funnel divides the customer journey into five steps. Like the hub & spoke wheel, the spokes represent the various points of contact between the customer and the vendor.
5) Venn diagram sales funnel -- this variant uses overlapping circles to depict the relationship between the steps of the sales funnel.
6) Wheelbarrow sales funnel -- this model depicts a circular shape that serves as both a container and transportation device for cargo.
7) Spiral sales funnel -- this unique design looks like a spiral staircase. It's meant to symbolize the continuous movement up the ladder of the sales funnel.
8) Ladder sales funnel -- this type of sales funnel resembles an upside down ladder. At the bottom, the customer sees only the ground floor of the building. He progresses slowly upwards until he reaches the second floor, where he finds the elevator. Finally, he ascends to the roof.
If you're looking at building out an online business or using affiliate marketing as part of that process, then having a good sales funnel will help make things easier and more efficient. A sales funnel is essentially a series of pages designed to lead people from awareness to action and ultimately conversion into paying customers. While most marketers have heard about them, they may not know exactly what one looks like or how to use one effectively.
In this article, we'll show you what a sales funnel actually is. We'll also discuss some tips for building one on your site and how to get started. Finally, we'll give you a few examples of successful sales funnel templates so that you can see what's possible if you choose to build yours yourself. If you'd rather just skip ahead, here are our top 3 questions to ask before buying any sort of digital product:
1) How much does it cost?
2) What do I receive when I buy it?
3) Is there support available after purchase?
The first question you should consider asking yourself is whether or not you want to pay upfront for services related to building out a sales funnel. There are plenty of companies who offer these sorts of programs but don't provide everything you might need to build your own. For example, many of these services require you to sign up for hosting and domain names. Those costs are typically separate and often add up quickly. You could opt instead for something like HubSpot which offers all-inclusive packages starting around $200/month depending on your needs.
Another option would be to find someone else who already has a full funnel set up for their clients and hire them to work through the parts you aren't familiar with. This could take less time than setting one up yourself (though it depends on the person). Or, if you've got the cash, you could go straight for a paid solution such as LeadPages or Builderall. They both come with built-out landing pages, forms, videos, etc., ready to use right away. Either way, it comes down to how much time you spend versus how much you want to invest.
There are other factors too though. If you plan on growing your funnel over time, you'll probably want to look into a service that allows you to scale easily without hiring additional employees. Otherwise, you risk spending hours every month managing accounts, customer emails, etc. It's better to focus on getting new leads coming in and converting those leads into customers. That said, if you really enjoy working with numbers, analytics tools, and automation software, then you might prefer a tool like Marketo where you can manage your entire marketing campaign from within the same dashboard.
Whatever route you decide to take, remember that investing in a quality funnel builder doesn't mean you won't ever have to put in effort again. Many of today's businesses rely heavily on automated systems and artificial intelligence to drive growth and keep things running smoothly. These days, all you need to do is sit back and let the system handle the rest. Of course, that means you still need to understand how your funnel works to ensure success. So while purchasing a funnel builder is cheaper than hiring an employee, it isn't necessarily a shortcut to future profits.
It's hard to say at this point which method is "best" because no two situations are identical. However, the truth is that whatever path you choose, you'll likely end up spending more time learning than anything else. Plus, it helps to start small by testing different methods until you find what works best for you. Once you figure that out, you'll be able to scale and grow your revenue with ease.
Once you've decided between a hosted solution or DIY approach, you'll need to pick a specific program for your niche. Each company has its own unique features and benefits, so it pays to research each one thoroughly before deciding on a single provider. Here are several popular platforms to check out:
ShareASale - ShareAlike is owned by Amazon and provides a host of resources and training materials including video tutorials and eBooks to teach you how to succeed in affiliate marketing.
ClickBank - With thousands of products to promote across dozens of categories, ClickBank makes it easy to sell items directly from your website.
Amazon Associates - One of the largest affiliate networks, Amazon has become synonymous with ecommerce. To join, simply upload a list of products you wish to promote and you're off and selling.
Commission Junction - Another larger network of affiliates offering hundreds of options ranging from books to apps.
VidYield - Offers a variety of ways to generate traffic and earn commissions, VidYield excels at helping new affiliates learn how to reach audiences via YouTube and Instagram.
While there are tons of choices out there, finding the perfect fit for your particular situation can take some trial and error. As always, it's important to test various solutions before choosing one. And once you do, stick with it long enough to see real results.
You don't technically need a funnel to run an affiliate business. But, if you're trying to increase conversions or create repeat visitors, a well-designed sales funnel will greatly enhance your efforts.
Here are a few reasons why you might benefit from a funnel:
Conversion rates tend to decrease steadily throughout the funnel. Having a clear call to action across multiple pages increases the likelihood of generating interest among prospects.
Visitors move along the funnel in order of perceived value. Visitors who arrive at the front of the line are generally more interested in your content and willing to pay.
People like to follow a logical path toward completing tasks. Your funnel design needs to reflect this fact.
How are you supposed to know if you're hitting your goals unless you measure them? By tracking visitor behavior and analyzing data points, you can determine whether or not your campaigns are performing as expected.
Having a funnel gives you a chance to collect valuable information about the performance of your campaigns. You can analyze the effectiveness of individual elements and adjust accordingly. For example, if you notice that certain links attract significantly fewer clicks compared to others, you can change the wording so that it directs users elsewhere.
When talking about sales funnels, people usually think in terms of a linear path from page 1 to final sale. While this certainly happens, the reality is far messier. Most websites feature multiple paths leading back to the homepage and even deeper into pages where you'll find secondary calls to actions. Some sites even allow you to customize your funnel based on user preference.
So, if you're designing your own funnel, try to keep in mind that a simple linear structure isn't necessary. Instead, think of your funnel as a collection of distinct pages with varying degrees of engagement. When you send a prospect from page 1 to 2, he or she stays engaged longer on page 2 than on page 1. Likewise, sending him or her from page 4 to 5 requires more attention than going from page 3 to 4. This creates a natural progression and motivates consumers to stay involved further down the line.
Of course, a single page isn't going to hold anyone's attention forever. The goal is to engage visitors long enough to encourage them to continue moving forward. Eventually, you hope they'll reach the bottom and complete the transaction.
This concept applies beyond traditional webpages too. For instance, social media posts can serve as a gateway to a blog post that explains how to fix a problem, followed by another link directing readers to a relevant eBook. Using this strategy, you can establish a strong foundation upon which you can build.
If you're looking to grow as an online business owner and make money from affiliate marketing, one thing that's likely holding you back right now is building an effective sales funnel. You may not even know there are different types of sales funnels out there, so let me break down the basics here before we get into more detail about each type.
A sales funnel consists of several elements working together to help someone take action towards buying something. The key to getting someone to buy anything is to keep them interested until they decide to purchase or sign up to receive information about whatever product/service you're promoting.
In my opinion, the most important part of any sales funnel is the lead generation stage where people first find out about your offer. There are many ways to generate leads, but these are some of the oldest and most popular methods used today:
Email list building -- This involves collecting names and email addresses through various means such as opt-in forms, guest posts, etc. Once you have those emails collected, you will want to nurture relationships by sending regular drip campaigns (email series) containing relevant content related to your niche.
Social media advertising - This method often works better than traditional advertising because it allows you to target specific audiences based on their interests. For example, if you were selling fitness equipment, you could advertise on Facebook groups where women over 50 live. These are some of the biggest demographics in terms of spending power and would therefore be ideal prospects for your product.
Paid ads on search engines like Google / Bing - Paid traffic is just another way to drive traffic to your site. It doesn't matter whether you pay $5 per month or $10k per month, paid traffic still needs to come from somewhere. If you use AdWords or other platforms, you should always test multiple ad variations before settling on which ones work best.
Direct response landing pages - A direct response page tells visitors exactly what you want them to do next. As soon as they enter your web property, they can either subscribe to your newsletter or download a PDF eBook, complete a form, watch a video, or play a game. Whatever you choose to promote, make sure it has clear call to actions.
Once you've got your prospecting process set up, you need to move them along to the next step of the sales cycle. That's when things start to get interesting...
The second phase of the sales funnel is called conversion. Here, you try to persuade your visitor to become a customer. At this point, you show them a compelling reason why they should invest their time and energy to join your mailing list, download your ebook, fill out your contact form, or listen to your podcast episode.
This is also known as "lead nurturing" since you continue to send valuable content to your subscribers after they signed up. You don't immediately dump all kinds of promotional material at them, though. Instead, you slowly build trust and interest throughout the entire journey.
After they finish reading everything you've sent them, you then ask them to complete a short survey asking them questions about their experience with you. They might say no thanks, but you want to gather data anyway to learn more about who your readership are and what kind of offers attract them.
You can collect tons of useful data using surveys like SurveyMonkey, Qualaroo, or MailChimp. All of these companies have easy-to-use tools specifically designed for capturing leads' feedback. After gathering enough qualitative insights, you can finally begin to focus on converting your visitors into paying clients.
That brings us to the final stage of the sales funnel: Upsells. Now that you have built up trust with your audience, it's time to introduce them to products or services that complement the main offering. Think of this as increasing the value proposition offered by the company you're representing.
For instance, if you sell weight loss solutions, adding supplements to your program would increase its overall effectiveness. Or, if you sell computer training courses, adding a digital camera would give users added incentive to buy both.
Now that you understand the basic components of a sales funnel, let's look at some examples of how to use it effectively.
Anatomy of a typical sales funnel includes four stages: marketing, lead generation, lead nurturing, and upselling. Marketing refers to generating awareness and driving traffic to your site. Lead generation starts with attracting new prospects to visit your site and signing up for your mailing lists. Lead nurturing is the process of developing trust between you and your audience by providing high quality content and helpful resources. Finally, upselling adds additional features to existing products to encourage people to upgrade or buy them outright.
So far, we've only looked at a very simplistic version of a sales funnel. But, the reality is that every single sale begins with a prospect finding you online, visiting your website, downloading your ebooks or taking advantage of your free trials. So, if you think you already have a good grasp of how a real-life sales funnel works, consider expanding your knowledge further.
There are plenty of great books available explaining the anatomy of a successful sales funnel, including Affiliate Funnel Blueprint 2.0 published by Russell Brunson. However, if you prefer videos instead, check out this course taught by Kevin Lee from ClickFunnels.com.
If you'd rather skip straight to the nitty gritty details, you can read our detailed guide to building a sales funnel yourself. We cover almost all aspects of the process, including how to pick a profitable niche, choosing a hosting platform, writing copy, designing your website, setting up analytics, and much more.
When you've been running a blog or website for a while, it becomes obvious that a lot of effort goes into trying to bring in clicks. To put it simply, the goal of any website is to gain traffic. And although traffic does happen naturally, many businesses end up wasting countless hours chasing phantom traffic sources that never amount to anything.
It sounds ridiculous, but imagine you spend thousands of dollars on Google Ads, yet you see little improvement in conversions. How frustrating must that be? Well, if you're willing to accept the fact that you won't ever reach 100% success rate unless you optimize your efforts, you're halfway there. By implementing a proper sales funnel strategy, you can dramatically cut down on wasted time and money.
Think of your website as a machine that processes people coming onto your domain and turning them into buyers. Your job is to make sure the machine runs smoothly and efficiently, otherwise nobody ends up making a profit. Of course, this isn't necessarily true. Some websites can run perfectly fine without having a well-designed sales funnel, but most require some form of optimization. With the right system in place, you can significantly boost your revenue.
Most entrepreneurs fail to properly implement a sales funnel due to lack of understanding. Therefore, it makes sense to educate yourself further on the subject. Read our article titled What Is Sales Funnel Optimization and discover the benefits of learning more.
While there are hundreds of affiliate marketers around the world struggling to find the perfect solution for their own unique problems, there really aren't too many options when it comes to building a full-blown sales funnel. Most software providers have tried to simplify the task of creating a funnel, but the truth is that it requires lots of technical expertise to build a solid foundation.
Luckily, there are a few programs that allow anyone to jumpstart their own sales funnel creation process. Among them, we recommend ClickFunnels.
ClickFunnels was created by Russell Brunson himself, arguably the most famous internet entrepreneur alive today. He started his career as a young teen and eventually sold his first company for millions of dollars. Since then, he's dedicated his life to helping others succeed online.
He understands the importance of having a strong backend infrastructure behind your frontend user interface. ClickFunnels integrates seamlessly with WordPress, Joomla, Drupal, and Magento. Furthermore, it provides powerful drag & drop editor to easily design your website without needing any coding skills whatsoever.
Additionally, ClickFunnels gives you access to dozens of prebuilt templates to quickly launch your campaign. Each template contains fully responsive layouts and designs, plus preconfigured contact forms and landing pages. You can also import your own custom HTML code to save time and customize the appearance of your website however you desire.
On top of all that, ClickFunnels also helps you automate your entire sales funnel process. Not only does it provide an extensive library of readymade scripts, but it lets you add extra functionality to your autoresponder messages, track subscriber behavior, integrate with third party apps, and much more.
With the ability to leverage the same toolset across all of your sites, you can manage every aspect of your brand from a central location. Plus, you can scale your operation as fast as possible.
Just follow our battle-tested guidelines and rake in the profits.