Would you like to…
Attract more ideal customers?
Increase your conversion rates?
Create marketing campaigns that generate engagement?
Provide useful resources for your loyal customers?
Build a feedback loop for improving your business?
If if your answer is yes, then continue reading, because this article reveals the powerful tool that so many small business owners neglect. It is highly effective, easy to use, and can completely shift the way you run your business.
What are Customer Personas?
Have you ever heard any of these phrases used before? Target Market, Target Audience, Buyer Persona, Marketing Persona, Customer Avatar
These are the phrases used to describe the semi-fictional character(s) who represent your ideal customer and ideal prospect. Businesses create these characters based on internal data on existing customers as well as external information gathered from market research. The Success of your business’ marketing, sales, product development, customer loyalty, and delivery of services depend upon how well you know your ideal customer.
How a Customer Persona Helps You
Countless times, I have heard people say to me something like, “I don’t need a customer persona or avatar, because my business appeals to everyone.” I’m sorry, but you’re wrong. That is simply untrue.
If you are a real estate agent, for example, you may think that you customer persona is simply anyone who needs a home to buy, rent, or sell. Nope. That is the service you offer, but who are YOU in this world of real estate? Why should a customer choose to work with you? What are the things about past customers that you’ve noticed? Perhaps they are all high-income men and most of them are bachelors work in high-tech looking to invest. Knowing that little bit of information off the top of your head already gives you an advantage.
Clearly identifying your customer persona can support your decision making process. Everything from:
- How to write content for social media posts and blog posts
- Generating more leads with the layout and copy on your lead magnets and landing pages
- Where to find your customer persona (digitally or in the real world)
- Ways to improve your product or service to attract him / her
- New ways to increase revenue with complementary products, services, and partnerships
- Getting feedback and providing great customer service to existing customers
Seth Godin says, “Rule one: You can build a business on the foundation of great customer service. Rule two: The only way to do great customer service is to treat different customers differently.”
And I couldn’t agree more. Knowing each customer is a big ask, so at least identifying a customer persona that can be applied to your best customers makes a big difference.
How Do You Create a Customer Persona?
In my previous article about Market Segments, I wrote about market research and provided guidance for creating market segments. Read through that post first, because it gives away many of the steps towards creating your customer persona. “Market research costs time and money. Right? Well, yes but you can take on some of that leg work to reduce the overall cost and use the time spent more effective. Whether you handle your market research yourself or get outside support, having a foundation for it makes a big difference.”
This is the part where I admit that creating a customer persona is not “crazy simple” as some marketing folks may have you believe. However, it’s something you can definitely do if you’re willing to commit a little time to it. Here is the short checklist:
1. Write out a short plan to organize yourself. Create goals to keep you on track and accountable.
2. Look closely at your existing customers and prospects for insights. What do you know about them already?
3. Identify the holes in your knowledge. Write a list of the missing details you want to know / need to know.
6. Analyze the data you’ve collected (note the different between Qualitative and Quantitative analysis)
7. Create your customer personas based on what you learned.
Are you feeling overwhelmed? You don’t need to do this alone. After going through this process myself, I learned a lot about my ideal customer, myself, and my business. It was a great process that made a big impact on me. In fact, you could say that market research and my curiosity about wanting to understand others is how I got into marketing work in the first place. [A story for another time].
If you would like some support with this process, then I invite you to learn more about my new online course titled Find Your Tribe: A Guide to Effective Market Research. It is an 8-week program that only requires your attention once (maybe twice) per week for 15-30 minutes at a time. I know what it’s like to be balancing money-generating work with strategic work, so the aim was to make it easy.