Definition
The obsessive practice of analyzing every step of the customer journey to find where you're hemorrhaging potential buyers, then slightly tweaking button colors.
Example Usage
We're doing funnel optimization on our checkout process to reduce cart abandonment by at least 2%.
Origin
Sales and marketing terminology from AIDA model evolution
Fun Fact
Most e-commerce abandonment happens at the payment stage, suggesting people loved your stuff until you asked for money.
Source: Conversion Rate Optimization Institute standards
Related Terms
Translate This Term
See “Funnel Optimization” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
Try the Translator