What is sales funnel - Definition and Meaning

Sales Funnel :

Sales funnel is used to identify the number of prospects that your business undergoes in each stage. Its mainly used to predict the future customers. Here funnel is a term used as metaphor to sort out the sales process. As how the funnel, (widen at the top and narrow at the bottom) top is referring the unqualified prospects while the bottom meant the customers who finally pay and buy your product.

Example :

Sales funnel example
Scaling factor Spiral

Learn what is sales funnel. Also find the definition and meaning for various math words from this math dictionary.

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