The decision phase is the final stage of the marketing funnel, here the main objective is to convert prospects into customers and get them to make the purchase .
Some strategies used at this stage include:
Create special incentives, discounts, promotions or exclusive offers . These can be limited in time or quantity to create a sense of urgency and help close the sale.
Provide clear and transparent guarantees and return policies that reduce the perceived risk for prospects when making a purchase. It helps build trust and provides a sense of security.
Simplify the purchasing process and offer convenient payment options so prospects can complete the transaction quickly and painlessly.
At this stage, it is important to eliminate any obstacles or doubts that prospects may have and generate the confidence necessary to make the purchasing decision.
Retention
Also known as the loyalty phase, it is a stage of the marketing funnel that focuses on maintaining and strengthening the relationship with existing customers after they have made a purchase .
During this phase, the aim is to provide a positive and satisfactory experience to customers, with the goal of turning them into brand promoters.
Some strategies at this stage include:
Provide exceptional customer service and resolve any issues or queries quickly and efficiently.
Maintain communication through newsletters, personalized country email list emails, product or service updates, etc. This helps keep the brand in the minds of customers.
Implement loyalty programs that reward customers for making multiple purchases . This can include discounts, cumulative points, special gifts, or access to exclusive events.
Provide personalized recommendations and offers that fit your interests and needs.
Ask customers to share their opinions and experiences with the company , and use that feedback to continually improve.
The retention phase is crucial to your business's long-term growth and success, as retaining existing customers is often more cost-effective than acquiring new ones .
In addition, loyal customers become promoters of your brand, recommending it to others and generating a positive impact through word of mouth.
Why create a marketing funnel?
Making a marketing funnel is important because it helps you guide and optimize the process of converting prospects into customers. Here are several reasons why it is beneficial:
Better understanding of the audience
By strategically segmenting and targeting marketing messages and actions, you provide relevant, personalized content that resonates with prospects at every stage of the funnel.
This in the long term increases the conversion of prospects into customers.
Saving time and resources
By having a marketing funnel, you automate and optimize the conversion process. This allows you to save time and resources because you deliver messages and content in an efficient and scalable way.
Plus, by better understanding your audience's needs at each stage, you can focus your efforts on more effective strategies.