Many businesses operate as if sales and marketing are two different silos. Each team may be focused on similar KPIs and objectives but work on different tasks and initiatives to get them closer to more conversion, sales, or revenue.
The marketing team is typically focused on raising awareness and educating your audience on your products and services. While sales reps are focused on turning prospects into paying customers.
While the marketing and sales funnel your team uses in their day-to-day life will vary, digital marketing sales funnels should be optimized to align with your company’s bottom line. In this article, we’ll discuss how your sales and marketing teams use these funnels to outline the different stages in the process and how you can optimize yours for success.
Here’s everything you need to know:
Marketers use different digital marketing efforts to build awareness around products and services. They develop campaigns that use SEO, email marketing, social media, and PPC to attract prospects to the digital marketing sales funnel and nurture the leads into paying customers.
The four most common marketing funnel stages include:
Customers who were once marketing-qualified leads (MQL) enter this sales funnel as sales-qualified leads (SQL) and are nurtured through the sales funnel. The sales funnel is a customer’s buying journey. These prospects know your products and services and already understand what you offer, pricing, and more. There are four main stages for a sales funnel. This includes:
The main goal of both the marketing and sales funnel is to get a prospect to convert. While both teams use different tactics and strategies to nurture the leads and generate demand, they are still tied to a common goal.
Your marketing team will build awareness through digital marketing initiatives, while your sales team will focus on closing deals. When crafting lead generation strategies for your business, you’ll want to ensure you have a sales and marketing alignment and implement best practices. Some best practices to keep top of mind to ensure there’s a seamless transition from marketing to sales:
The unified funnel approach prioritizes the customer’s needs throughout the customer journey. It finds ways for marketing and sales to work together more effectively to convert leads into paying customers while ensuring both departments have goals aligned with the company’s bottom line. There are many benefits to a unified funnel approach over traditional marketing and sales funnel methods. This includes:
The sales and marketing funnels complement one another and are designed with the same goal. Here are some tips to help you achieve a successful sales and marketing funnel alignment.
A great way to standardize the buyer’s journey and ensure your sales and marketing funnel achieves alignment is to divide the tasks. For example, your marketing team will focus on the awareness, engagement, and consideration journey stages, while the sales team will focus on conversion, retention, and loyalty. While there may still be some overlap between the two departments, splitting up the tasks will ensure everyone is working towards a common goal.
Consistency is vital to converting prospects into paying customers and retaining current customers. Consistent messaging can also improve loyalty and build rapport. While dividing the tasks in your sales and marketing funnel, consider what messaging components you want to keep consistent across the entire funnel. This includes offers, promotions, and CTAs.
When you A/B test different elements of your funnel strategy, you can optimize your strategic approach to align with your customer’s needs. Some elements you can consider testing include:
Consider A/B testing one element at a time to see what delivers the best results. This way, you can slowly revise your strategy over time.
Key performance indicators keep your team aligned with a common goal. They are vital to keeping your sales and marketing team on task and to see how close or far you are from reaching your goals. The KPIs you choose to track will depend on your overall goals.
Some KPIs you’ll want to consider:
The rise of artificial intelligence and automation has unlocked doors for new opportunities to improve. It also helps streamline the customer journey and optimize each digital marketing sales stage.
Let’s take Hubspot, for example. When a prospect books a demo on their website, they are automatically greeted with an email confirming the demo booked, and the sales team will jump in to set up the demo and move the lead forward.
All of the marketing initiatives in this example are automated to complement the sales process, providing your team greater flexibility and giving your team more time back in their day to focus on other customer journey optimization tasks.
Marketing and sales funnels are not always aligned how you need them to be. There are many reasons why a sales and marketing funnel alignment might fail. The three most common reasons include:
If you don’t have clear goals and KPIs, your team will struggle to stay on task and reach their goals. It may also be challenging to know what is and isn’t working and determine the ROI.
If your team isn’t meeting regularly and discussing challenges and opportunities, it can impact the buyer’s experience. A sales and marketing alignment often fails because your team is not communicating effectively. Your team must build mutual trust and understand one another’s part in the customer journey.
A goal alignment is crucial to all sales and marketing funnel stages. If your sales and marketing team is working towards two completely different goals, the messaging and initiatives won’t complement one another. This can negatively impact the buyer’s experience and lead to low conversions.
Your digital marketing sales funnel is designed to complement your lead-generation strategies and help you convert prospects into paying customers. At Kanbar Digital, we’re here to help you fine-tune your marketing approach and provide expert customer journey optimization tips. We understand the complexities of a marketing and sales funnel alignment and want to help you find the best approach for your business dynamic.
Let us know how we can help, and we’ll take it from there. Contact us today to get started.
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