Steps for Creating an Effective Marketing Funnel in 2022
Business to business (B2B) marketing funnel is a visual representation of a buyer’s journey. It is a representation to show how a step-by-step marketing communication can convince a potential customer to take action. The B2B funnel has proven to be fundamental in understanding the buyer's journey. It’s a way to guide people through a series of interactions and purchases that leads to your final product. Any B2B marketing funnel consists of three stages: Top-of-the-funnel (TOFU) Middle-of-the-funnel (MOFU) Bottom-of-the-funnel (BOFU) A B2B marketing funnel lays out the steps in your buyer’s journey before they purchase your products. Let's understand how the marketing funnel works along with how to build a basic funnel with the aforementioned three stages. Need for funnels in the B2B space in 2022 Assume you have a product or service to sell. You start with identifying the target audience - the set of people who need a solution to their problems - a solution that you can provi...