Definition
The final stage of the marketing funnel where prospects are ready to make a purchase decision. Abbreviated BOFU, it's where marketing hands leads to sales and both teams blame each other when nothing converts.
Example Usage
These bottom of the funnel leads have requested demos and pricing, so they're either ready to buy or just doing competitive research they'll ghost us about.
Origin
Traditional marketing funnel concept formalized in the early 20th century
Fun Fact
Only 3-5% of your market is actively buying at any given time (bottom of funnel), which is why everyone else ignores your 'limited time offers.'
Source: Sales and marketing funnel terminology
Related Terms
Translate This Term
See “bottom of the funnel” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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