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Publish Date : August 23, 2016

E7. Top 3 Types of Sales Funnels

Today I’m going to walk you through the three simple sales funnels you can implement in your business. Before I automated my sales funnels, I was overworking, feeling massively underpaid, and the business was completely dependent on my effort. BUT NOW… I sleep in until 9 AM every day, I design my own day the way I prefer, and I spend pretty much every weekend at the beach. This life of mine is so important to me, but I want you to be able to create that too!

Today I’m going to walk you through the three simple sales funnels you can implement in your business. Before I automated my sales funnels, I was overworking, feeling massively underpaid, and the business was completely dependent on my effort. BUT NOW... I sleep in until 9 AM every day, I design my own day the way I prefer, and I spend pretty much every weekend at the beach. This life of mine is so important to me, but I want you to be able to create that too!

Time Stamped Show Notes

  • 1:00 – Introduction
  • 2:15 – Sales Funnel #1: A phone call funnel. The idea here is to create an automated way to get qualified leads on the phone. This is the funnel I recommend you start with, because scheduling a call is an easier call-to-action than providing credit card information. Once you’re on the phone, you can try to sell them any product you want.
  • 3:20 – Sales Funnel #2: A break-even funnel. The idea here is not to make a profit, but instead to cover the money you spend on advertising and add new names to your mailing list. You’re breaking even in terms of money, but you’re growing your list in the process, which means that you can sell to them later.
  • 3:50 – A great way to get people onto your list is a free lead magnet, then directly after they opt in you offer them something at an entry-level price point ($7 to $97).
  • 4:10 – Sales Funnel #3: A high-ticket offer funnel. The idea here is to make a big profit off of a higher ticket item. You’re selling to fewer people, but at a higher price point. I find the best way to do this is to get your phone call and break-even funnels set up first. This will get customers in the door. If you give your customers a really great experience, they will be the easiest people to sell your highest ticket items to. Once your prospect is ready for a high-ticket item, introduce your offer to them and get them to fill out an application to talk about the program.
  • 5:05 – If you have any questions or you want to see some examples, or if you want to catch those daily tips and my Facebook live streams, join The Balanced Entrepreneur Facebook Group.

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