Lead Conversion
The process of turning a lead into a customer.
The process of turning a lead into a customer.
A metric used to rank leads based on their engagement with a brand, indicating their readiness to purchase.
Business-to-Consumer (B2C), a business model where products or services are sold directly to individual consumers.
Bottom of Funnel (BoFu) refers to the stage in the sales funnel where prospects are close to making a purchase decision.
The four key elements of marketing: Product, Price, Place, and Promotion, used to develop marketing strategies.
A strategy where an additional, less attractive option is introduced to make other pricing options look more appealing, often steering customers towards a particular choice.
Customer Acquisition Cost (CAC) is the total cost associated with acquiring a new customer, including marketing and sales expenses.
The strategies and tools used to ensure that sales, marketing, and customer service teams have the necessary resources to effectively promote and support a product.
Customer Relationship Management (CRM) is a strategy for managing an organization's relationships and interactions with current and potential customers.