Generating leads helps businesses grow their customer base. It might be time to evaluate your CRO or conversion rate optimization if your conversion rate is low in your lead funnel. Troubleshooting conversion weak points is a valuable step in the CRO process and will help reduce abandoned cart issues.
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Failing to score leads based on the sales funnel
Your leads might not be converting because your sales team is not scoring them. Before acting on leads, use data from existing customers to determine which leads are more likely to make a purchase. Then, rank them accordingly to maximize your sales team’s time and effort.
Failing to score leads could show you have a weakness in your sales funnel, especially at the stage where the sales team or marketing platform nurtures leads.
Lack of training and information
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Leads might not convert to sales if the staff hasn’t received the necessary training to get the job done. Sometimes problems exist in the communication between the marketing team and sales team. If the sales team does not know about direct mailing from the marketing team, they might lose an opportunity to make a sale.
Organizations should evaluate their sales-funnel training and communication between departments to ensure everyone understands opportunities and expectations.
Your team is pushing too hard
Customers don’t want to feel pressured to make purchases. Customers will go elsewhere if your sales or marketing team pushes too hard. Companies need to walk a fine line between offering opportunities and not being bothersome. When sales teams put too much pressure on customers, it’s time to evaluate your training methods.
Your lead funnel is too wide
A broad lead funnel is attractive to businesses as it creates a wide range of potential customers. Companies struggle to appeal to their ideal customers if the lead funnel is too broad. Instead, they try to please everyone, which is strategically challenging.
Rather than trying to reach everyone, businesses benefit from narrowing their lead funnels to attract people who are interested in their products or services.
Your offer isn’t clear
After gathering leads and sharing them with the sales team, your team must have a clear offer that customers understand. The proposition should be simple, for example, giving an online discount code for sharing their email. If the customer receives an offer, but the coupon code doesn’t work, the customer won’t make a purchase.
If the offer is too complicated or the sales team hasn’t presented enough information, the lead will not convert.
Your leads target the wrong customers
A serious problem with several sales funnels is targeting the wrong customer. Tackling this problem involves looking closely at who needs your product or service. Consider that you might need to target businesses rather than individuals.
Businesses use the sales funnel to create a customer profile and then work through the steps it takes to convert leads to sales. When your leads aren’t converting, it’s important to pause your funnel and evaluate what isn’t working. Several issues can affect conversion rates, which is why there are many ways to optimize your leads.