A Buyer Persona is Your Best Customer Intel

Because you understand that good outcomes derive from good decisions and good decisions flow from good information, I wonder if you’ve thought of tapping the customer data you already have and using it to create a most useful document known as a Buyer Persona? You’re likely familiar with the term, but do you know why they’re useful, how and why a Buyer Persona helps your business?

In short, a Buyer Persona is the ultimate customer profile. It describes a company’s ideal customers and the motivations that bring those customers to your door. The Buyer Persona confirms the business solutions your customers and prospects seek, the goals they want to achieve and problems they want to solve or avoid when they contact your company. Smart marketers recognize that a Buyer Persona increases the effectiveness of their marketing strategies, improves the ability to develop and nurture brand loyalty and can positively impact sales revenue.

The simple and elegant logic behind the Buyer Persona is that it’s much easier to promote and sell your products and services and build a favorable brand when there’s a handy reference point to remind you of who the customer is and what s/he wants to achieve when doing business with you. Utilizing your in-house data to create a Buyer Persona is an act of resourcefulness. You create the profile by recycling and recombining data you already own to produce a new resource that you can use. A Buyer Persona is the delicious meal you can make from what’s already in the fridge.

Who Buys From You?

The better you know target customers, the easier it becomes to reach them. To market and sell effectively, it’s best to learn as much as possible about your prospects and structure marketing campaigns that directly speak to them. Collecting customer information and then distilling it to formulate a Buyer Persona will be useful in numerous ways, from the marketing strategies you devise to the marketing channels you choose, the content you create, the blog or newsletter topics you publish, the case studies you write, to the products and services your company offers.

The profile should contain information that reinforces the understanding of your ideal customer’s priorities, pain points and buying patterns. Another benefit is that the Buyer Persona keeps you focused on addressing customer priorities instead of your own. The Buyer Persona for your typical customer will include his/her job title, education level, age range, industry, desired outcomes for using your category of products and/or services, goals, fears, budget range and potential for repeat business.

Also include in the profile experiences that stood out when performing project work, insights you’ve learned when negotiating a sale, info from customer invoices and other data that adds to the understanding of your ideal customer. Other helpful details are the job title of the usual decision-maker for the sale, the end user of the product or service, the average length of the sales cycle and the busy and slow seasons.

For many companies, the sales process remains the same regardless of the customer’s industry. The industries are different, but they approach finding and evaluating B2B vendors in the same way. Keep in mind the buying style of your customers as you compile and organize the information to include in the Buyer Persona. It may, or may not, make sense to to align with job titles, rather than industries, when addressing your marketing approach and sales process.

Most frequent goals or problems

You want a clear understanding of the motivations of prospective customers when they find your website and accept your call-to-action to, for example, read your blog, listen to a webinar replay, or read a case study. When you’ve documented the usual customer pain points, goals and/or motivations, you can address them. Create a Buyer Persona that will guide your website messages, marketing content, upselling offers and after-sales support. The idea is to consistently showcase your company’s expertise in providing the solutions that target customers need, always demonstrating how your product or service can solve problems.

Top level priorities

The easiest way to guarantee a sale is when your prospect is shopping for a solution that’s needed to reach a time-sensitive goal or resolve a big problem. However, there will be members of your target audience that have a problem, but are not necessarily ready to pay for the solution. As you collect data for the Buyer Persona, it’s useful to consider the prospect’s organizational imperatives and the decision-maker’s take on circumstances that would make him/ her willing, or unwilling, to allocate the resources necessary to do business.

The subtle art of qualifying prospects, e.g., recognizing window shoppers from serious buyers or learning what may worry your prospect about moving forward with your product or service, might be addressed with a list of three or four questions that can be asked when a prospect requests a consultation to obtain more information about your solutions.

Cultivating a powerful ally who is an end-user of the product or service and/or developing a relationship with the decision- maker can also move a sale along but ultimately, timing, urgency and budget are the best enablers of a sale and they are factors beyond your control.

Most common objections

Are there concerns that make prospective buyers think your solutions are not the best fit for their problem or goal? Customers may become reluctant to buy as a result of discouraging feedback from a colleague or the memory of a negative experience with a similar solution.

Diplomatically move to uncover the source of that hesitation, which may be based on a misunderstanding of some sort. Way back in the 20th century, I learned the Feel, Felt, Found method of handling objections and found it to be effective.

  • “I understand how you feel.”
  • “There have been others who’ve felt that way also.”
  • “Let me share with you what those who’ve had good luck with this solution have found”.

From there, address how your product or service will deliver the desired solution and ensure that the goal will be achieved and problem solved.

Discover trusted information channels

When they expect to make an important purchase, from which information channels do the members of your target market get recommendations? There may be numerous channels consulted and it’s a given that you cannot have impact or a presence in all of them. Instead, establish a presence in those media outlets where you’ll get visibility and credibility at an affordable price.

Knowing the social media platforms that are trusted and utilized by your target market when they investigate your category of products or services is essential. Also essential is to SEO optimize your company website to ensure it contains popular search terms that help your company appear in searches. Your website is the primary source of information about your products and services. Make sure that you post and call attention to inbound marketing reources— e-books, case studies, white papers, blog archive, newsletter archive and earned articles in which you and the company have been featured.

 Identify their buying process

Also known as the buyer’s journey, in the Buyer Persona you can detail the steps that prospects take to evaluate product or service options as they decide what will be the best fit for their needs. So that you will maximize the power of your inbound marketing resources, that is, the case studies, links to a webinar in which you appeared and other relevant information, investigate which resources that prospective buyers require at every step of the evaluation process.

For example, newsletter and blog posts may be persuasive at the midpoint of the journey but a case study or an especially persuasive customer testimonial may be most helpful in the final stage of decision-making. To correctly identify your target customers and reach them with compelling messages and content, know the reasons why they choose your solution, the perceived barriers to purchase and how your solution will improve their lives.

 Craft Your Message

Once you can see in your mind’s eye your ideal target customer and therefore know who you’re talking to, you can align and personalize your company’s brand voice and marketing messages with that vision. Your marketing campaigns will feature content that feels authentic and will resonate. When you know who your Buyer Persona and understand your customer’s goals, organizational imperatives, priorities, worries, itrusted nformation channels and buying process, you can develop sales and marketing strategies tailored to just those people who you know are an excellent fit for your company.

Thanks for reading,

Kim

Image: Il viturno (The Vitruvian Man). Drawing by Leonardo da Vinci circa 1490.