Funnels are used for channeling fine-grained liquids or substances into containers with a small opening. It is a useful tool for pouring liquids or dust through a small opening and to keep the filter paper in the filtration. Marketing funnels are designed to simplify the customer journey and make it easier for companies to track. These solutions trace each stage of your customers' decision-making process and plan the steps they want to take at each stage.
A sales funnel is the marketing term for the journey potential customers take when they go to buy. It consists of several steps, commonly known as the top, center, and bottom of the funnel, although these steps may vary depending on the company's sales model. A marketing funnel is a series of steps to guide potential customers along the customer journey. The funnel helps marketing teams plan and measure efforts to attract, engage and convert potential customers through content and other marketing materials, such as landing pages and advertisements.
Funnel analysis is a method of understanding the steps necessary to achieve a result on a website and how many users follow each of those steps. The set of steps is called a “funnel” because the typical shape that visualizes the flow of users is similar to a funnel in the kitchen or garage.