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The funnel works from top to bottom. So, considering the first stage of awareness, here basically, the brand is trying to inform people about the product. The company is making the people aware about their presence and their brand. So when the first stage is cleared as people now are knowing who you are, the funnel gets a little narrow. This is when few users get cut down as according to them, they don’t need that particular product or service.
Email marketing has the highest conversion rates of any marketing channel. In fact, sixty-six percent of online consumers made a purchase after receiving an email marketing message — which is more than social and direct mail, according to the Data & Marketing Association. And transactions from email are three times more profitable than those made on social media, reports the global management consulting firm McKinsey & Company.