Remove AIDA Remove Buy Remove Churn Rate Remove Purchase
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30 Sales and Marketing Terms You Should Know

PureB2B

Churn Rate. These are the four steps involved in the so-called purchase funnel. In a nutshell, Top of Funnel (ToFu) is the problem identification stage, Middle of Funnel (MoFu) is the option consideration stage and Bottom of Funnel (BoFu) is the purchase decision stage. Bounce Rate. Adoption Process. Cold Calling.

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30 Terms Every Sales and Marketing Professional Should Know

PureB2B

Churn Rate. These are the four steps involved in the so-called purchase funnel. In a nutshell, Top of Funnel (ToFu) is the problem identification stage, Middle of Funnel (MoFu) is the option consideration stage and Bottom of Funnel (BoFu) is the purchase decision stage. Bounce Rate. Closed Opportunities.

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How to Build a Powerful Marketing Funnel (Step by Step)

Single Grain

A marketing funnel is a roadmap that illustrates the customer journey from awareness of a product or service to the final stage of purchasing and beyond. Even after a customer has made a purchase, your funnel can continue with cross-sells and upsells. If you don’t know you have a problem, why would you purchase a solution for it?

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The Ultimate Smarketing Glossary: 62 Common Sales Terms Explained for Marketers

Hubspot

Another way of saying "the buying process." The potential buyer may or may not end up purchasing/adopting that product or service. It''s a famous tool for sales reps and sales leaders to help them determine whether their prospects have the budget, authority, need, and right timeline to buy what they sell.

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60 Marketing Acronyms Every Industry Pro Should Know

Hubspot

AIDA: Attention, Interest, Desire, Action. The four steps of the now somewhat outdated Purchase Funnel, wherein customers travel from consideration to purchase. Learn more about the new purchase consideration cycle. A = Authority: Determines whether your prospect has the authority to make a purchasing decision.