7 Types of Sales Funnels and Why You Need Them

Your weeks and months of trying to work out the different types of sales funnels are proving fruitless. I can feel your pain because I have been in your shoes, well not literally but you know what I mean. However, I am not there anymore. Let me know if this resonates with you. You know that there are several ways to generate an income from your blog but like me you just wish that you knew how to set it all up. Despite putting affiliate links on several blog posts and running Adsense or Mediavine on your blog. The return on investment so far can hardly fulfil your dream of spending lazy days in your favourite corner reading the next big novel. The truth is that understanding the types of sales funnels will not only help you pick the perfect funnel type for your revenue goals. In fact, it will also save you months of stress and heartache. So you can significantly reduce your learning curve taking you from zero to success in double-quick time. Why Do Funnels Need to be so Complicated? When it comes to setting up a sales funnels getting a clear understanding of the goal and the user experience really helps. This post is in a 4-part series where I help you my reader fully understand sales funnels and how to use them to create a full-time income. It is important that you fully understand what is a sales funnel before learning the different types. Two big factors that cause funnels to exist in different formats is the fact that the type of conversion process determines the funnel used. The first factor is the type of traffic used on the front end helps you know which funnel to use. For example, paid traffic versus free traffic converts differently when sent to a funnel. Another factor is the price of the product being sold also determines the type of journey or experience for the customer to go through to convert. Basically the higher the price the more complex the funnel will be. If you buying something for $37.00, in most cases there is no need for you to consult with someone else. However, if the product price is over $500, I am sure that you will need to consult with your spouse or mom before forking out that amount of cash. 7 Types of Sales Funnels Let's spend some time looking at the 7 types of sales funnels and why you need them to generate an income. You will also be able to see what each funnel looks like if you want to take the next step of setting it up yourself. 1. Lead Generation Funnel One of the most basic types of sales funnels that exist is called the lead generation funnel. As the name suggest the sole purpose of this funnel type is to generate leads for your business. It works beautifully with free traffic from Pinterest or Google Search engines. Here is what you need to set up one of these funnels. * a blog post* lead capture form or pop up* an irresistible lead magnet* autoresponder to deliver the lead magnet* knowledge of how to promote your lead magnet using Pinterest or SEO This is a diagram showing how to set up a simple lead generation funnel.