as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
describe what a marketing funnel is.
user
a marketing funnel is a multi-step process that businesses use to guide prospective customers through their journey from discovering and learning about a company's services or products, to eventually becoming a customer. the marketing funnel is typically composed of multiple stages that a customer must progress through before making a purchase. common stages in a funnel include awareness, interest, consideration, intent, purchase, and loyalty. each stage serves a different purpose and provides companies with valuable data points to measure and refine their strategies.
assistant