As an online business owner, you know the struggle of increasing your revenue. A well-planned sales funnel can ease your obstacles and motivate your customers to purchase more.
Using smart order bumps during checkout and attractive post-purchase upsell & downsell offers can double your conversion if you can make the right offer. And there are several creative ways you can plan the funnel journey for your buyers to increase conversion.
The real challenge here is to decide what type of sales funnel to go for. You have to take time to plan your product/service plans and offers and put together an organized journey for your buyers.
You may want to run a lead generation campaign and then send links to your offer pages via emails. Or you may want to offer a trial for a small fee, and then offer the main plan, and so on. There could be many different scenarios.
Today, you will learn about 7 types of sales funnels that you can use for your business. Here, for each funnel, we will discuss when to use it, the steps it should have, and why it works.
At the end of this article, you will be able to handpick the sales funnels that fit your business and eventually start making more money with the right funnels.
So let’s begin.
Following are 7 different types of sales funnels that have proven to bring amazing results in different niches:
However, to be able to use them effectively, you may have to re-design your product/service plans, prepare new content, or introduce something new.
But to make it easier for you, we will try to point out the core concepts of each of these funnels so that you can easily relate them to your business.
So let’s dive into the detail of different types of sales funnels.
The Tripwire funnel is a strategy where, initially, you offer something of high value at a very low cost. And then, once he has found value in your initial offer, you offer them your core product/service.
– The initial offer is referred to as the ‘tripwire offer.’
The concept of this strategy is, the initial offer is not free, but it’s more value for the money. So, even if you do not make a profit out of it, it will act as a medium to earn your buyers’ trust in your service.
So when you make your core offer, later on, many will have the confidence to go for it.
For example, if you are a Digital Marketing Consultant, you may offer a Basic Video Course on SEO at a low cost, maybe $50. Once people sign up, you send them a couple of more valuable pieces of content via email. After one week, once you believe the prospects have gone through the course, you may reach them with your service as the main offer, maybe at $500-$1000 for live, personalized coaching sessions.
Now, even if I call the initial offer a ‘Basic Course’ it has to be actionable and should provide real value; I am talking about a course that people would normally pay $100-$200 on a course portal. And since it will provide real value, businesses who are struggling with Digital Marketing have a higher chance of taking your service, even if it is a bit expensive. Your course has to win their trust that your service will give them long-term value.
The Tripwire Funnel is ideal for selling expensive products, monthly subscriptions, or long-term services.
To devise a tripwire funnel, you need to prepare two funnels, one for the tripwire offer and another for the core offer. And you will need to set up a couple of email automation campaigns.
Steps in the funnel for the tripwire offer:
Steps in the funnel for the core offer:
Email automation campaigns required:
**Learn More About Tripwire Funnel
A quiz funnel is when you create a quiz to find out more about your prospects. And then, based on their answers, you make relevant offers.
For example, let’s say you are a fitness trainer and you sell courses for various fitness requirements. So it would be wise to first find out about the prospect’s age, height, weight, and preferred fitness requirements (weight loss, weight gain, muscle building, stamina growth, etc.). And based on that, you can offer a personalized course.
So it’s simple. You create a set of questions with a few answers to choose from. And based on those answers, you make the right offer.
A Quiz Funnel works best for businesses or individuals who provide various types of services in the same niche.
It is one of the best types of funnels to guide your prospect’s through the right offers based on their responses.
When creating a quiz funnel, you will need a landing page with the quiz, and then you may create sales funnel with dedicated offer pages for each of your services. And an email automation campaign is also required.
Let’s assume your quiz qualifies prospects for 3 of your services.
So, the steps you will need are as follows:
Email automation campaigns required:
**Learn More About Quiz Funnel
Webinars are a great way to directly show off your expertise to the right audience and possibly close a few deals to take your service.
It is one of the best types of sales funnels for selling high-ticket offers.
How it works is, you may invite prospects to join a webinar with you, which should be on a useful topic. In the webinar, you have to make sure you are teaching something that will be valuable to the audience for real in their business. And in the webinar, you may also pitch your service.
Now, there could be different ways to use webinars. For example, you may conduct a free webinar and offer your core service. You may run a paid webinar series, which has to be of low cost to register, and then offer your core service at the end of the series. Or, you can consider hosting a free webinar, followed by a paid webinar series where you have to pitch your paid webinar during the free event.
Whichever approach you take, the main goal here is to impress your prospects with your expertise on the first webinar so that you can convince them to take your core offer.
The Webinar Funnel is best for online coaches, digital course sellers, marketing coaches, or any long-term professional service providers.
As mentioned above, you can decide how you want to use webinars.
Let’s assume you want to run a free webinar and then offer your core service. For this, you will need three funnels, one to promote your free webinar, a second funnel to host the webinar and make a core offer, and a third funnel dedicated to the core offer. You will also need email automation.
Steps in the funnel to register attendees in the webinar:
Steps in the funnel to host the webinar:
Steps in the funnel for the core offer:
Email automation campaigns required:
**Learn More About Webinar Funnel
This is a basic funnel journey to sell memberships, seemingly to take buyers from a lower membership plan to a higher one.
For example, let’s say you own a website that has a collection of resources for video editing, and you have two membership plans – the Basic membership, which includes vector images, stock videos, and After Effects 2D animations, and the Elite membership plan that includes everything such as royalty-free audio, 3D motion animation, presentation slides, and many more.
Now, you would obviously want most people to go for the Elite plan as that earns you more money. In this case, you may offer the Elite plan at a discount as the post-purchase upsell offer when one purchases the Basic plan.
This is one of the typical types of funnels to sell paid membership of resources, collection, or content. It is mostly used by course creators.
All you need is two funnels, one where you offer the Elite plan as upsell offer to the Basic plan, and another where you create a dedicated sales page for the Elite plan. And then, you can link them to your plan CTAs on your website landing page.
Steps in the funnel for the Basic plan:
Steps in the funnel for the Elite plan:
Once you have these ready, link them to the respective CTA’s on the website landing page or the pricing page.
Email automation campaigns required:
Normally, you are probably used to setting up sales funnels for individual products in your WooCommerce store, assigning specific order bumps, and upsell offers to selected products.
But now, you will be able to use a new type of funnel approach where you can set up offers for a group of products based on conditions.
For example, you can offer a 10% discount for any purchases above $500, you may assign an upsell offer for all products that are in a certain category, or maybe you can make upsell offers with a higher quantity of any products in the store, etc.
The concept here is to set up a funnel based on conditions to define a group of products. If these conditions are met, a buyer will enter the funnel when trying to go to checkout from the cart page. In the funnel, you can offer discounts on the cart total or make relevant dynamic upsell offers after checkout.
The scope of planning such funnels is huge. The most logical conditions would be,
These types of sales funnels are very effective because the offers are relevant to what the buyer is purchasing. Plus, an attractive discount is always loved by buyers.
Any eCommerce website can benefit from using similar conditional funnels.
Now, creating such funnels can be quite challenging on most eCommerce sites. But if you use WooCommerce, then you may use WPFunnels and its Global Funnels addon to set it up easily.
**Learn To Use Dynamic Global Funnels In WooCommerce
A product launch funnel is a journey where you create excitement among potential buyers before you launch a new product or a new major feature.
The idea is you create a series of sneak peek videos to show why your new product is the next big thing. And then you make a special early bird offer to potential buyers.
For example, let’s say you are launching a new A/B Testing software. You can promote an optin to be informed of the release to get an early bird offer. And once someone signs up, he will get a series of emails to showcase how the software will turn out to be. And then, in the last email, you offer them a discount, which people won’t get later on, i.e., an early bird offer.
For this, you will need an optin funnel to collect leads, a funnel to make the special offer, and a few landing pages to highlight the special features of the software. And you will need to use email automation to send these landing pages during the campaign.
Steps in the funnel for collecting leads:
Pages Involved In The Product Sneak Peek Series
Steps in the funnel for the Early Bird Offer:
Email automation campaigns required:
This product launch funnel is one of the best types of sales funnels for driving huge sales right after the launch.
Even when your product is ready, it’s best to plan a Product Launch Funnel to create hype over your potential buyers prior to the release. Basically, once your product is ready, make a 2-weeks to 1-month plan to run a successful product launch funnel campaign. This will help to get instant traction on the launch date and help to land a few early sales real quick.
**Learn More About Product Launch Funnel
Some businesses can be more successful via social media. And the social followers’ growth funnel is a brilliant way to increase your social presence. It’s one of the unique types of sales funnels as it makes your social media presence stronger.
In this funnel, you give away something valuable to your target audience. And in return, you request them to follow you on social media with hopes of getting more valuable resources.
For example, let’s say you are a motivational speaker with a strong Facebook & Instagram profile. You may conduct a free giveaway of a small book you wrote. And once someone signs up to take the book, you ask them to follow you to get more valuable content and resources in the future.
This allows you to grow your followers to whom you may later market your services.
This works best for individuals that promote themselves for consultation or events. For example, motivational speakers, musicians, photographers, etc.
This strategy involves a two-step funnel to sign up for the free giveaway and then a page to collect the reward from while offering to follow your social accounts. You will also need email automation campaigns to send them the free giveaway and to request them to follow you on social media.
For this, you need to follow the steps below:
There could be several other types of sales funnels. These 7 have proven to bring high results whenever used properly. So you can choose to use them to grow your business as well.
Here are some handpicked tips that are proven for several types of sales funnels.
The right funnel journey for the right audience can easily boost your conversion. But you have to give some thought to which types of sales funnels you want to use for your business.
The seven funnels explained in this article are all very practical, and if they fit your business model, then you should start using them right away.
Yes, you do have to put some effort into preparing compelling content, and it’s best you take the time to prepare the best possible content that will help you run sales funnels for a very long time.
So go ahead and plan different types of sales funnels on your own to boost your sales process and grow your business.
This article was originally published at Getwpfunnels.com, by author Rifat Ara Chowdhury.
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