Have you ever wondered what’s the difference between a funnel and a flywheel? or What are the ways you can opt to holistically run your business?
In this video I got you covered.
0:00 – Intro
0:32 – What are sales funnels?
1:54 – The business perspective of the sales funnel
2:12 – Impact of the sales funnel
4:42 – Flywheel Approach
5:22 – Importance of the flywheel approach
8:19 – Example: Amazon Approach
A conversion process can be visualized as a funnel by looking at a graph representing the conversion process.
A flywheel is a machine that stores rotational energy. When you add energy to a flywheel, it starts to spin. If you add more energy to it, it spins faster. So instead of only being able to maintain a constant speed by adding more and more, the flywheel will continue spinning.
Do you want to know how this relates to your business? Then Watch This Video Till The End.
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