Wayne's One Minute Newsletter

A newsletter for you to grow smarter, wiser and wealthier.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

What is Conversion Funnel & The 5 Stages

Conversion Funnel is the journey a customer takes from initial awareness to the final desired action, often visualized as a funnel with different stages.

Why is a conversion funnel important?

A conversion funnel is important as it helps businesses understand and optimize the customer journey, identifying areas for improvement to increase conversions and revenue.

An easy way to understand a conversion funnel

Picture a literal funnel, guiding potential customers through stages like awareness, interest, desire, and action, with some dropping off at each stage.

The 5 Stages

The 5 Stages of Conversion Funnel

Awareness: Attracting potential customers through marketing efforts and making them aware of the product or service.

Interest: Engaging potential customers with relevant information and encouraging them to learn more.

Consideration: Providing detailed information to help potential customers evaluate their options and compare alternatives.

Intent: Encouraging potential customers to take action, such as adding items to a cart or filling out a form.

Action: The final stage where the potential customer completes the desired action, such as making a purchase or signing up.

Kosme Aesthetics applies the concept of a conversion funnel through our strategic focus on guiding potential customers through a process that converts into paying clients.

Our focus on tracking of metrics like show-up rates, sales conversion rates, and customer acquisition costs reveals a structured approach to moving prospects through various stages of engagement towards making a purchase ​​.

Frequently Asked Questions

What is a conversion funnel and how does it work?

How to analyze and optimize your conversion funnel?

What are common conversion funnel mistakes and how to avoid them?

How can personalization enhance the conversion funnel?

What role does email marketing play in the conversion funnel?

How to create a high-converting landing page for your funnel?

Wayne Yap Minute

Daily newsletter that teaches you how to add $1 million to your business

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Are You Making This Mistake?

After investing over $1.2m in gurus, masterminds and coaching, I discovered that the number one reason people don’t succeed is because they’re following the wrong path.

There are people like myself and Elon Musk who are Pure Visionaries at heart. Then there are people like MrBeast, Kylie Jenner and Steve Jobs, who are different.

That’s why I invested 100s of hours to create this free quiz: So that more people can find the path that’s most suitable for them.

Before we start charging for the quiz in 2025, discover your Archetype for Free by clicking “Start Quiz” below.

Start Quiz