What is a sales funnel?

Glossary
The term sales funnel refers to the visual representation of all stages a customer is going through during a sales process - from awareness to action (or purchase).
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How do sales funnels work?

The shape of the funnel shows that, at the beginning, there are a lot of prospects, but the number of your potential customers decreases at each stage of a sales process.
Sales funnel is used to track and analyze the number of prospects at each sales funnel stage. You will see the bottlenecks of your sales process and be able to make improvements if necessary.

The most common stages/phases are:
  • Awareness
  • Interest
  • Evaluation
  • Decision
  • Action/purchase
However, in most advanced CRM software you can customize each stage of your sales funnel according to your needs and have multiple sales funnels, which is especially important when you sell more than one product or service and want to have a clear picture of each sales process.
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Sales funnels in Bitrix24

If you are looking for a simple and powerful CRM with sales funnels, consider Bitrix24. With over 35 sales and marketing tools on board, Bitrix24 is a perfect choice for any business.

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15,000,000+ organizations have chosen Bitrix24