Top Lower Funnel Marketing Tactics to Boost Conversions for Your Startup include personalized email marketing, retargeting paid ads, social proof, and offering discounts. By targeting potential customers who are already in the consideration and conversion stages, these strategies can effectively guide them towards making a purchase decision, ultimately increasing your startup's conversions.
Lower funnel marketing refers to the strategies and tactics employed to target prospects who are at the bottom of the marketing funnels, nearing the decision-making stage.
Unlike upper-funnel activities, which focus on awareness and education, lower-funnel marketing efforts zeroes in on conversion, urging potential customers to take a specific action, like making a purchase or signing up for a service.
It addresses the final concerns and needs of prospects' customer journey, ensuring they transition from being potential to paying customers.
Think of lower funnel marketing as the home stretch in a marathon. After journeying through learning about a brand and weighing options, customers are almost ready to buy.
This stage of full funnel marketing strategy is all about giving them that gentle nudge, ensuring they cross the finish line.
Every business has a goal to see returns on their investments. After putting effort and resources into grabbing attention, it's at the lower bottom of the funnel where the real magic happens – turning curiosity into sales.
It’s a buying journey, not just about that one sale. By addressing any last-minute questions or concerns and making the buying experience a breeze, you’re setting the stage for future purchases and a long-lasting relationship.
At this stage, it's like having a one-on-one chat with your potential customer. It's personal, direct, and speaks to their specific needs, which makes it so much more effective.
The bottom line? Every step taken at this stage can mean more money in the bank. It’s where interest transforms into hard cash.
By paying attention to what works (and what doesn't) at the upper and lower funnel, businesses can tweak and refine their approach, making sure they're always on top of their game.
Retargeting ads serve as a digital reminder to potential customers who've interacted with your brand but left without making a purchase or taking the desired action. These ads use browser cookies to track website visitors, enabling businesses to display targeted ads to them on different platforms, such as social media or other websites they visit.
Imagine having a conversation with a friend, and just as you're about to dive into an exciting topic, they have to leave. Retargeting ads are your way of picking up where you left off, ensuring your brand remains top of mind.
Not only does this approach increase the marketing campaign and chances of converting these visitors into customers, but it also allows you to present them with offers or content specifically tailored to their interests.
In an online world flooded with choices, potential customers often look for signs that they're making the right decision. Enter social proof. This can be in the form of testimonials from satisfied customers, rave reviews, case studies, or stories of those who've benefited from your product or service.
Think back to when you've asked friends or family for restaurant or movie recommendations. Why? Because we trust the experiences of people we know or can relate to. When potential customers see genuine, positive feedback about your product, it builds trust and reassures them that they're making a wise choice.
Social proof serves as a bridge, connecting the gap between uncertainty and trust, making the purchasing decision that much easier.
Email remains one of the most personal and direct ways to communicate with potential customers. But it's not about bombarding them with sales pitches. Instead, it's about delivering value, answering questions, and building a relationship.
Picture this: You meet someone interesting at a party, and instead of immediately diving into a sales pitch, you share stories, offer insights, and provide solutions to problems they mention. That's what a well-crafted email marketing sequence does.
It segments your audience based on their interactions and provides tailored content, be it answering common queries, offering insights they might find valuable, or even exclusive deals that feel like special gifts just for them.
Limited-time offers to play with basic human psychology – the fear of missing out (FOMO). When we know something valuable is available for a short period, we're more inclined to take immediate action rather than risk losing out. By presenting discounts or special packages with a ticking clock, businesses can accelerate the decision-making process of potential customers.
Picture this: you're in a cozy cafe, sipping your drink, and the barista announces a last call for a fresh batch of croissants at a discounted price.
Even if you hadn't planned on buying one, the fleeting opportunity and the thought of savoring a fresh pastry might just make you jump from your seat. Similarly, limited-time offers prompt consumers to act quickly, giving them a nudge towards making a purchase decision, lest they regret missing out on a great deal.
In today's digital age, consumers are accustomed to instant gratification. They want answers, and they want them now. Enter chatbots and live chats – tools that serve as virtual assistants, providing immediate responses to user queries.
Imagine you're in a physical store, pondering over a product, and an assistant approaches, ready to address any doubts you might have. The assurance that help is readily available can be the deciding factor between walking out empty-handed or making a purchase.
Similarly, on a website, a chatbot or live chat feature provides instant support, ensuring potential customers feel valued, heard, and guided, making them more inclined to finalize their purchase.
Letting potential customers experience your product or service firsthand can significantly reduce their apprehensions about buying. It's about trust; when companies are confident enough to let people try their offerings without upfront payment, it sends a strong message about the quality and value of what they're selling.
Think of it as going to a car showroom. While the salesperson can rave about the vehicle's features, nothing compares to the experience of actually taking the car for a spin. The feel of the wheel, the smoothness of the ride, the roar of the engine - these tangible experiences can turn a skeptic into a buyer.
Similarly, free trials or demos allow prospective customers to "test-drive" a product or service, making them more comfortable with the idea of investing in it, having experienced its benefits firsthand.
A Call to Action (CTA) is the nudge, the prompt, the sign that tells visitors what they should do next. Be it "Sign Up," "Buy Now," or "Learn More," it's essential that the CTA is easily noticeable and conveys a straightforward message.
Think of a time you were on a road trip, and you relied on clear signposts to guide you to your destination.
Without them, you'd be lost. Similarly, CTAs guide website visitors, helping them navigate and take the desired action without confusion. A well-designed and strategically placed CTA can be the difference between a user leaving your site or becoming a paying customer.
There's a charm in getting something extra. By bundling complementary products or services together at a special price, businesses can increase the perceived value of their offering.
Imagine you're at a cafe, and the barista suggests a dessert that pairs impeccably with your choice of coffee. Not only does it enhance your experience, but it also feels like you're getting a great deal. Bundling works similarly.
It entices potential customers by showcasing more value, often leading to increased sales and happier customers who feel they've snagged a deal.
In the digital realm, where customers can't physically touch or see products, detailed information becomes paramount. Providing thorough product descriptions, frequently asked questions and step-by-step guides equips users with the knowledge they need to make informed decisions. Picture yourself at an electronics store, contemplating a gadget. The more you know about its features, benefits, and uses, the more confident you feel about buying it.
In the same way, comprehensive product information on a website replicates that in-store experience, ensuring that the prospective customer has no lingering doubts when hitting the 'buy' button.
Everyone likes to feel special and appreciated. Loyalty programs are a business's way of saying, "Thank you for choosing us again." By offering rewards for repeat purchases or referrals, companies not only incentivize further buying but also strengthen their relationship with customers. Think about your favorite local diner that gives you a complimentary dish every fifth visit.
It's their way of acknowledging your loyalty, making you feel valued and ensuring you're more than likely to return. Similarly, loyalty programs in the digital marketing space cultivate a bond between brands and their customers, encouraging repeat business and fostering a sense of community and trust.
Understanding the difference between top-of-the-funnel (TOFU) marketing strategy and lower-funnel marketing is like comparing the art of making a new friend to that of deepening an already close relationship.
Both are essential, but they serve different purposes and require distinct approaches.
Lower funnel marketing is the crucial final push in the sales funnel that transforms interest into action. As startups battle for attention in crowded markets, it's these targeted efforts at the funnel's bottom that can turn potential customers into loyal advocates.
Prioritizing this stage is essential for sustainable growth and a robust return on investment.
The four levels of a typical marketing funnel are the awareness stage, consideration stage, Conversion, and Loyalty. They represent a customer's journey from the awareness stage discovering a brand to becoming a loyal customer.
Lower funnel marketing content targets users in the conversion and loyalty stages. It's tailored to drive sales, focusing on product details, benefits, and overcoming objections, rather than general brand or product awareness.
Upper-funnel marketing content aims to generate awareness and interest. It's more educational and focuses on broader topics. Lower funnel content, as mentioned, pushes for conversions, emphasizing specific product attributes, reviews, customer stories, and call-to-actions.
Low-funnel leads are potential customers who are at the later stages of the buying process. They have typically identified a solution to their problem and are now comparing specific offerings or are ready to purchase.
Lower funnel tactics are marketing strategies designed to convert potential customers into actual buyers. Examples include retargeting ads, detailed product information, email marketing sequences, and clear CTAs.
Retargeting ads are highly recommended for lower funnel goals. They remind potential customers of products or services they've shown interest in, increasing the likelihood of a completed purchase.
Promote bottom of funnel marketing through targeted email campaigns, retargeting ads on social media, search engine marketing, and leveraging customer testimonials or reviews.
Lower funnel metrics evaluate conversion success. They include conversion rate, cost per conversion, customer lifetime value, and sales growth rate.
An example of a lower funnel objective is to increase the conversion rate of website visitors by 15% in the next quarter or to boost repeat purchases by 10% over the next six months.
The Full funnel strategy is important as it helps provide Quality leads through various marketing channels thereby increasing sales.