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DataReviewed by Joe S.

Marketing funnel

The marketing funnel is the path from stranger to customer (aware, interested, considering, buying) drawn as a funnel because each stage loses people. Its value is diagnostic: it shows where you're losing them.

Why it matters

"We need more leads" is rarely the actual problem. Funnel numbers locate the real one: plenty of traffic but no enquiries (a conversion problem), enquiries that never close (a qualification or sales problem), one-off buyers who vanish (a retention problem). Different diseases, different medicine.

How it works

You define the stages for your business, count people at each, and watch the drop-offs between them. Real journeys are messier than the diagram (people loop, stall and skip) but even a crude four-stage count turns arguments about "marketing" into decisions about a specific leak.

What to do about it

Sketch your funnel with real numbers this week, however rough. The stage with the ugliest drop-off is your growth priority, and it's often not the one the loudest voice assumed.