How To Fix Your Marketing Funnel
Marketing School - Digital Marketing and Online Marketing Tips
Eric Siu and Neil Patel
4.6 • 1.4K Ratings
🗓️ 1 February 2023
⏱️ 8 minutes
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Summary
Transcript
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| 0:00.0 | Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach. |
| 0:11.5 | Let's start leveling up your marketing knowledge with |
| 0:14.0 | your instructors Neil Patel and Eric Sue. |
| 0:18.6 | Today we are going to talk about how to fix your marketing funnel. So going into the |
| 0:25.2 | new year I mean who knows what's going to happen our ad cost going to get cheaper |
| 0:28.4 | our conversion rates going to drop who knows but when you think about your funnel |
| 0:31.8 | it is something that you can absolutely |
| 0:33.6 | control and we're going to talk about how you can fix it because if you fix your funnel |
| 0:36.6 | you're going to have higher conversion rates which hopefully means more revenue for you at the |
| 0:40.9 | end of the day. So if you don't know what a marketing funnel is to back up a little bit, |
| 0:46.0 | someone visits your website, let's say a home page, |
| 0:48.0 | then they may go and find a product that they like, |
| 0:51.0 | so then you got the product page, then they may add it to the cards, so then you got the product page then they may add it to the |
| 0:53.9 | cards so then you got the cart page then they decide to check out and if they purchase |
| 0:59.1 | they eventually get a payment page and then a thank you page that That's an example of a funnel. People have to go from step to step to step in order to complete. |
| 1:08.0 | There could be multiple funnels for one website and a funnel for product pages, service pages, there's literally funnels for all types of |
| 1:16.1 | websites. The easiest way to figure out what's wrong with your funnel is to look at what are the drop-offs. |
| 1:22.1 | So in your Google Analytics, you can actually see Pat. Where are people |
| 1:26.2 | going from one page to the next page? What's the drop-off? The bigger the drop-off, typically, those are the pages that have the most issues. |
| 1:35.2 | Those are the pages that you want to focus on first to improve. |
| 1:39.0 | And what you can do is you can run qualitative surveys on those pages to try to figure out what objections people |
| 1:45.7 | have, what issues they have on why they're not converting. |
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