BUISENESS MANAGEMENT
ADVERTISING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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true
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false
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Either A or B
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None of the above
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Detailed explanation-1: -A sales funnel is a marketing term used to capture and describe the journey that potential customers go through, from prospecting to purchase. A sales funnel consists of several steps, the actual number of which varies with each company’s sales model.
Detailed explanation-2: -Frequently used by sales and marketing organizations, the sales funnel helps companies understand and visualize their sales process and measure overall conversion success between each step of the funnel. A sales funnel is shaped like an inverted pyramid, similar to real-world funnels, to which the metaphor alludes.
Detailed explanation-3: -What is a sales funnel? A way to see where consumers are in the buying process. A way to generate leads. A way to calculate how much revenue a company will make.