The 7 Core Pieces of Every High-Converting Sales Funnel

High Converting Sales FunnelThis article covers the 7 core pieces of every high-converting sales funnel. This is a brief summary of a webinar that I listened to following the purchase of Funnel Trax which is an app for recording and tracking your sales funnel stats that has just been launched by Mark Thompson.

I thought long and hard about buying Funnel Trax because in circumstances where your funnel is set up on JVZoo, or one of the other affiliate platforms, your stats are already recorded by the affiliate platform.  But I thought that in circumstances where your funnel pages lie outside such a platform this app could prove useful.  It also enables me to run A/B split-testing using this same app (quicker than Google Analytics) and also to carry out link tracking for marketing campaigns.

Funnel Trax looks to be very simple to set-up and use. Within the Funnel Trax training there was also a very useful video showing how to plan out a sales funnel using a mind map.

The webinar about the 7 core pieces of every high-converting sales funnel was presented by a sales funnel specialist and was a lengthy presentation.  I jotted down some notes below and hopefully you can get the jist of what was discussed.

The off-putting thing is that there was a whole list of other things at the end of the webinar (- see under ‘Additional Elements’ below -) that he didn’t discuss because the presentation segued into a pitch for more training which I declined.  Hopefully, from the headings below you can get an idea of what was likely to be covered.

Apart from Point 6 below, I pretty much agree with the main points listed below being the critical factors for sales funnel success.  Instead of Point 6, I would have included monitoring and tracking as being crucial to sales funnel success – hence my purchase of Funnel Trax!

1. Big Idea/Differentiated Hook

 

  • Goal is to prevent prospect mental opt-out
  • Idea behind marketing is new, interesting, compelling, and different.
  • Enter into the conversation already in your prospects head.
  • You must know your markets sophistication level – when market is sophisticated introduce a unique mechanism or process that produces the result
  • What are the dominant appeals, claims and benefits being presented in the market right now?
  • You need to differentiate yourself from the market
  • What is the most surprising thing about your content
  • Present something unexpected (contrarian perspective)
  • Simple education-based sales funnel: Squeeze page – 3 content videos – 1 sales video
  • Power of metaphor language – instantly accessible
  • Tangible and concrete
  • The power of emotion

 

2. Single, Unique Big Promise

  • Stems from understanding the market
  • Must resolve an urgent problem
  • Powered by the unique results delivery mechanism
  • Understand the deeper benefits behind obvious benefits
  • Show, don’t tell
  • Turn the promise into a picture
  • Picture touches as many of the 5 senses as possible
  • Appeal to mind, heart and wallet
  • It must appeal to feelings, beliefs and desires
  • Power verbs not hypey-adjectives
  • Recommended Book: The Synonym Finder by J.I. Rodale

 

3. Education-Based Pre-Selling Content

  • Everything you say in the funnel should ‘further the sale’ (strategic)
  • Create rapport and trusted authority based relationship whilst leading them to buy, rather than trying to sell… all giving them a sense of freedom of choice/decision.
  • What do prospects need to believe to buy? – about themselves, you, your product
  • Linear progression of claims and benefit statements to establish those beliefs
  • Turn a want into a need
  • Don’t over teach – educate in a way to create more desire and demand
  • Hit emotional benefits
  • Contrast – emotional benefits of what you are offering
  • Demonstrate results, role performance, relief, relaxation, recognition, remuneration
  • Goal is to make selling superfluous

 

4. Unquestionable Proof

  • Every single claim and/or benefit statement must be backed with at least one proof point
  • Always be specific
  • Strong reasons ‘why’
  • Vivid compelling pictures
  • Strategically placed customer testimonials/case studies – outcome-based – proactively generate the right type of testimonial. Survey that elicits testimonials.
  • Dimensionalise facts and figures

 

5. Unique Delivery System

  • The unique method system or process behind your product/service that brings the outcome they desire
  • Truly unique versus ‘not being talked about’
  • Explain the unique mechanism for getting them results
  • Present the mechanism as the catalyst of results (pluralise the verb – strip body fat v strips body fat / put music in your life v puts music in your life)
  • Explain why the unique mechanism works (remember proof)
  • Establish the value of the unique mechanism

 

6. Multiple Engagement Paths/Sequences

  • Never arbitrarily move your prospects through the funnel
  • Conditional content
  • Behavourial triggering

 

7. Irresistible Superior Offer

  • List, offer, copy – order of importance
  • Hard offer v soft offer
  • Proof of value
  • Damaging admission
  • Objection resolution
  • Scarcity – time-based and quantity-based. Give a reason why.
  • Risk reversal – creative guarantee
  • Why now?
  • Repeat, reinforce and summarise the main benefits
  • Outcome scarcity/urgency v offer scarcity

 

Additional elements

  • Lead magnetic creation – strategically created to pre-sell
  • Opt-in page creation
  • Conversion optimization
  • Funnel content
  • Funnel flow and retention
  • Multi-media follow-up
  • List segmentation
  • Data collection
  • List management
  • Segway into offer
  • Offer structuring
  • Overcoming objections
  • Split-testing
  • Metrics and tracking
  • Stick strategies post-sale
  • Testimonial acquisition
  • Refund reduction

That concludes my notes on webinar about the 7 core pieces of every high-converting sales funnel… I hope this was useful, if only because I gave you a link to the new product called Funnel Trax!

 

Anchor Your Sales Funnel With A Coaching Programme

Do you anchor your sales funnel with a coaching programme?

If you don’t, then this may be the reason why you are not selling as many info products as you would like.

Why?  Because a high-priced coaching programme positions you as an expert or guru in your niche and if your prospects cannot afford your coaching programme then they will buy the lesser-priced products in your funnel in lieu of your top-end coaching programme.

You will of course want products with a range of prices in your funnel that lead up to your top-end product to cater for each persons budget: – for example…

  • $37 one problem  / one solution type of product
  • Your monthly automated continuity programme e.g. $27 per month
  • Your lower-priced group coaching
  • Top-priced one-on-one coaching

If you think about it hard enough, all the top ‘gurus’ run a similar business model – they are not relying on product sales alone.  There are a few exceptions but in the main, most of the so-called gurus run a high-end coaching programme.

No coaching programme = no longer a guru = no more product sales.

Hope that makes perfect sense!

My coaching programme is called Business Creation Mastery and will be launching in the New Year because I practice what I preach.

If you still don’t see with 20/20 clarity why you need to anchor your sales funnel with a coaching programme then click this link to read the message again but in different words:  

http://infobusinessmasterplan.com/

Oh and how about this as a direct coaching style:

Collectively We Can Overcome Each Others Weaknesses!

One of the other students in Marc Milburn’s Coaching group, Daniel Madeira, wrote a blog post about the power of online relationships because he has had some help from the students to put together his product about how he created his solo ads business.  It made me realise again just how many skills there are within the group of students and that if we just helped each other to implement Marc’s teaching then collectively we can overcome each others weaknesses.

Amongst the students we have people like Andrew Brackpool who has a talent for copywriting, Sergio Felix who is technically proficient with WordPress and a lot more because he has coding skills, Daniel Madeira knows all about solo ads, Chris Ferrante has just put together an amazing squeeze page, Mani Amari blew us away with his sales funnel strategy, Robert Watkins runs an internet marketing Facebook group with 2,700 fans (bet there is some nice traffic there!) and that’s just a few of the students I know about.

Then, of course, we are under the tutelage of Marc Milburn himself who is busily churning out incredible insights into internet marketing.  I have to say that I am excited by how this coaching is shaping up – we have had two full trainings so far and the main coaching called Online Wealth Blueprint only starts TODAY!!!  I think that means that the best is yet to come which is slightly unbelievable to me.

Last week I launched The Way of The Warriors eBook within a membership site and I have made my first sales without really promoting the product.  I am holding back from promoting it because I want to get my sales funnel in place before I do that so here it is – you’ll have to click on the image to view it properly because it is too wide for the page:

Sales Funnel v2

This is not quite as daunting as it looks because I already have the OTO1 and OTO2 products created so I just need to create the upfront products.  I have written Website Traffic Tornado already – I think I might move that to the Exit Pop and create a product on sales funnels as the front-end product because that will lead in better to The Way of the Warriors.  My goal is to put this funnel into place this week.

Interestingly, it was Mani Amari’s funnel and than Daniel Madeira’s eBook that reminded me about the possibility of using an exit-pop to maximise conversions and this functionality is inbuilt into Optimize Press.  It also made me realise that the more products you create, the more options you have for including your own products into a sales funnel.

There is one addition to the funnel that I want to shape up and that is a high-end coaching programme.  I want to get that planned out very soon.  I am working with Mani Amari on my sales funnel and recruiting affiliates and we intend to keep each other accountable.

Last week I also spent a day just proof reading Daniel Madeira’s Solo Ad Assassin product.  I think it will sell really well because it is entirely authentic and it sets out a simple plan for creating a solo ads business.  I am hoping that Daniel will teach me all about solo ads because it looks like a good business model for earning some cash and, failing that, a great way to drive traffic.

I have also started watching Marc’s Email Cash Siphon and I think I will create a product on email marketing just to consolidate Marc’s teaching – I created a logo for the product (Mercury, the winged messenger) which is the featured image on this post – probably not the right way to start a product by creating the logo first, but ‘hey’, there’s always more than one way to skin a cat!

Finally, let me leave you with two quotes from Alex Jeffrey’s:

  • There is no ‘push button’ without a list
  •  It’s not what they sell, it’s how they sell to you

And my own thought for today ‘Collectively we can overcome each others weaknesses’ – an empowering thought for our coaching group.