Funneling: meaning, definitions and examples
๐
funneling
[ หfสnษlษชล ]
business process
Funneling refers to the process of guiding potential customers through a series of steps or stages toward a desired action, often a conversion or purchase. In sales and marketing, it involves narrowing down a broad audience to a few highly interested leads. This method increases the likelihood of closing a sale by focusing efforts on the most promising prospects. The funnel metaphor illustrates how many initial potential leads can be reduced to a few committed buyers at the end of the process.
Synonyms
channeling, guiding, streamlining.
Examples of usage
- They are funnelling leads into the sales pipeline.
- The team is focused on funnelling visitors to the website.
- Funnelling prospects helps increase conversion rates.
data analysis
A funnel is a visual representation of the steps or stages in a process that lead to a specific outcome, commonly used in data analysis. It helps to illustrate how users move from one stage to another and identifies where potential drop-offs occur. This term is widely applied in marketing Analytics to optimize the customer journey and improve conversion rates. In essence, funnels provide businesses with insights into where they can enhance their processes for better results.
Synonyms
pipeline, process flow, workflow.
Examples of usage
- We analyzed the funnel metrics last quarter.
- The marketing funnel indicates our areas of weakness.
- Using a funnel diagram can clarify the process.
Translations
Translations of the word "funneling" in other languages:
๐ต๐น funilamento
๐ฎ๐ณ เคซเคจเคฒเคฟเคเค
๐ฉ๐ช Trichtern
๐ฎ๐ฉ pembentukan corong
๐บ๐ฆ ะฒะพัะพะฝะบะฐ
๐ต๐ฑ lejkowanie
๐ฏ๐ต ใใกใณใใชใณใฐ
๐ซ๐ท entonnoir
๐ช๐ธ embudo
๐น๐ท funnelleme
๐ฐ๐ท ํผ๋๋ง
๐ธ๐ฆ ุชูุฌูู
๐จ๐ฟ kuลพelovรกnรญ
๐ธ๐ฐ kuลพelovanie
๐จ๐ณ ๆผๆ
๐ธ๐ฎ funeliranje
๐ฎ๐ธ trรถppun
๐ฐ๐ฟ ะฒะพัะพะฝะบะฐะปะฐั
๐ฌ๐ช แคunneling
๐ฆ๐ฟ funelleme
๐ฒ๐ฝ embudo
Etymology
The word 'funnel' originated in the early 15th century from the Middle English term 'funnel', which was derived from the Old French 'funoil', meaning 'tube'. This, in turn, came from the Latin word 'fลซnus', which translates to 'funeral', due to the resemblance of the shape to that of an inverted cone. The term has evolved over time, and while it initially referred to a physical object used for pouring liquids, it later gained metaphorical usage in various fields, particularly in business, marketing, and data analysis to describe processes of narrowing down options or guiding flows. The transition from a literal to a metaphorical sense reflects the broader applications of the concept in modern contexts, such as customer journey mapping and sales processes.
Word Frequency Rank
This word's position of #34,822 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.
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- 34819 guffawed
- 34820 slaw
- 34821 recidivist
- 34822 funneling
- 34823 squab
- 34824 astronautics
- 34825 homogenize
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