MODULE 3 The Value Path

Beyond Leads

Why the funnel fails

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๐ŸŽฏ Learning Objectives

  • Understand why lead-centric thinking limits growth
  • See the difference between transactions and relationships
  • Recognize the Value Path framework
๐Ÿšซ

Beyond Leads

Rethinking how we see people

The language we use shapes how we think. And "leads" is the wrong word.

The Problem with "Leads"

Somewhere along the way, business decided that people who might become customers should be called "leads." The term stuck. We built entire systems around it: lead scoring, lead nurturing, lead qualification.

But here's the problem: the word "lead" centers the company, not the person.

๐ŸŽฏ A "lead" is someone to be captured
โœ… A "lead" is something to be qualified
๐Ÿ“Š A "lead" is a number to be converted

None of this describes the actual human trying to solve a problem.

โš ๏ธ Language Creates Reality
When you call someone a "lead," you subtly signal that they're a means to your end. When you see them as a person on a journey, you position yourself as a guide to their success. Same person, different frame โ€” different behavior.

The Funnel Fallacy

The lead concept comes with baggage: the sales funnel. A wide top where "leads" enter, narrowing down through stages until some percentage "converts" at the bottom.

๐Ÿ“‰ The Funnel Assumes

โ†’ Everyone enters the same way
โ†“ Everyone moves in the same direction
๐ŸŽฏ The goal is always conversion
๐Ÿ—‘๏ธ Those who don't convert are discards

๐Ÿ‘ฅ Real People

๐Ÿ”„ Enter at different points based on awareness and need
โ†—๏ธ Move forward, backward, and sideways
๐Ÿ’Ž Sometimes aren't ready to buy but are still valuable
๐Ÿ“ฃ Can become champions who refer others โ€” after they leave

The funnel is a convenient model for forecasting. It's a terrible model for understanding relationships.

What Traditional Systems Miss

When you organize around "leads" and funnels, you miss critical opportunities:

๐Ÿ‘๏ธ

Pre-Awareness Value

Someone in your audience who isn't ready to buy can still share content, influence peers, and build your reputation. "Lead" thinking ignores them until they fill out a form.

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Non-Linear Journeys

A customer might buy, then need support, then expand, then refer others, then leave, then come back. Funnels don't accommodate this reality.

๐Ÿ’š

Post-Sale Relationship

The funnel ends at conversion. But for most businesses, customer lifetime value dwarfs initial purchase value. The real relationship begins after the sale.

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Referral and Advocacy

Your best customers don't just buy โ€” they champion you to others. This multiplication effect is invisible in lead-centric thinking.

A Different Frame: The Value Path

What if instead of tracking people through a funnel, we recognized where they are in a relationship journey?

The Value Path is an alternative to lead-centric thinking. It:

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Centers the person

Where are they in their journey?

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Honors non-linearity

People can move in any direction

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Extends beyond the sale

Customers continue to evolve

๐Ÿ†

Values advocacy

Champions are the ultimate destination

Instead of asking "Is this a qualified lead?" we ask "Where is this person in their Value Path, and how can we help them?"

๐Ÿ’ก The Shift

From: "How do we move leads through our funnel?"

To: "How do we help people progress in their journey?"

Same activities, fundamentally different intent.

Why This Matters in HubSpot

HubSpot has the concept of "Lifecycle Stage" โ€” a property that tracks where someone is in their journey. But most teams use it to replicate funnel thinking:

๐Ÿ“‰ Traditional Funnel

โ†“ Subscriber
โ†“ Lead
โ†“ MQL
โ†“ SQL
โ†“ Opportunity
โ†“ Customer

๐ŸŒŸ Value Path Framework

Eight stages that reflect how relationships actually develop

Audience Researcher Hand-Raiser Buyer Value Creator Adopter Advocate Champion

In the next lesson, we'll explore all eight stages and see how they map to the way people actually engage with businesses.

Quick Check

How would you explain the difference between funnels and Value Paths?

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Scenario: Funnels vs Value Paths

Your leadership team is debating whether to stick with traditional funnel thinking or adopt the Value Path model. What is your perspective?

โœจ Key Takeaway
"Leads" and funnels are company-centric concepts that miss the reality of how relationships develop. The Value Path offers a human-centric alternative that recognizes journey stages, honors non-linearity, and values the full relationship lifecycle.

Study Guide

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Module 3

Value Path

Key Concepts

โ€ข8 Stages
โ€ขProgression Signals
โ€ขAudience to Champion

What to Watch For:

Stages reflect relationship maturity, not sales pipeline status

Current Lesson

Beyond Leads

Why the funnel fails

Objectives:

Understand why lead-centric thinking limits growth
See the difference between transactions and relationships
Recognize the Value Path framework