B2B Myth of the Week: My Brand Doesn’t Need Personas
by MGB2B
The Myth: My Company Doesn’t Need to Develop Buyer Personas
The Truth: Buyer Personas Help You Produce Content That Works
“Why do we need personas when we know our target audience like the backs of our hands?”
This is a question that many Marketing Directors and CEOs are quick to ask. After all, no one knows your customers better than you, right? But buyer personas bring a lot more to the table than a general target audience can. And with the constant evolution of ways to target buyers, personas are essential for developing a strong content marketing plan.
As B2B buyer behavior continues to change and marketing tactics change along with it, it’s important to know more about your audience than ever before. Personas are fictional characters who represent your brand’s potential buyers or customers. Make them highly detailed with information based on solid research. Details can include everything from name and age to pain points at work to how they spend their spare time. Since personas contain so much detail, they enable your brand to segment your content. Which ensures that the content you create resonates with the persona it was created for.
Here Are the Benefits of Developing Buyer Personas:
- Personas provide a deeper understanding of buyer wants and needs. Although personas are fictional, they are based on the behaviors and preferences of real buyers. Therefore, they are able to provide important insights into what buyers are looking for from your brand. Personas include detailed information about both demographics and behavior patterns. Thus, they enable you to focus on forming connections with your audience. It’s important to include information about responsibilities at work, family dynamics, and media consumption. This will ensure your persona receives messages from your brand that will resonate.
- Personas allow you to segment your audience with more ease. CEO Richard and Millennial Kevin face very different challenges while on the job. Their home lives are different. And the way they consume information is different as well. So why would you deliver a piece of content to Millennial Kevin that was written for CEO Richard? You wouldn’t. But he is an important part of the decision-making process. So you need content for him as well. And that content won’t likely resonate with CEO Richard. By creating personas that define age, buyer behavior, media consumption, and pain points, you’ll be able to segment with more ease. And hit more home runs with your content program.
- Personas help you create the right content. Once you have an idea of your ideal customers, you will be able to create content that is appealing to them. You need to get your audience interested in the content you create. Otherwise, you’ll get more unsubscribes and fewer converted leads. Get insight into the types of content that pique their interest by including details like your persona’s role at work or what they do in their spare time. A well-done persona will help you create specifically targeted content that appeals to the individual that it represents.
- Personas show you where your audience is spending time online. When you’re trying to reach potential buyers, it’s important to know what types of media appeal to them and where they find information. If your persona is a CEO who doesn’t understand how Twitter works, then you should put your time and money in a different direction when targeting him/her. Creating detailed personas will show you where you should be spending marketing dollars to generate the most leads. Your company will save time, money, and resources if you are aware of the specific places your personas visit – both online and off.
- Personas create consistency throughout your whole company. Share your personas with your marketing team. But also include other departments. Your sales and product development teams, for example, should fully understand your brand’s personas and how to appeal to them. Some brands – like MailChimp – even have portraits of their personas on the walls to remind employees on a regular basis about their importance. It’s essential to familiarize your employees with the personas so they know how to interact with potential buyers. Personas ensure that everyone in your company is on the same page about who your audience is and how your brand can help them overcome challenges and seize opportunities.
These are some of the benefits to keep in the back of your mind while developing your brand personas. With accurate and realistic personas, you won’t just be shooting in the dark with your marketing program. You’ll motivate your leads to buy and increase the likelihood that they’ll come back to buy more.
Continue ReadingLooking Ahead to 2018: The Year of Data-Driven Marketing for B2B
by MGB2B
Data-driven marketing refers to marketing insights, strategy, and decisions that arise from the analysis of data about or from consumers. It is one of the most transformational changes in the history of advertising. Data-driven marketing takes the answers to the questions like Who, What, When, Where, and Why and makes the answers actionable.
The Benefits of B2B Data
- Enables marketers to focus advertising efforts on businesses that are more likely to be receptive
- Identifies new leads and promotional opportunities using hyper-targeting
- Ensures that existing sales and business relationships are stable and successful through nurturing and growth
Ultimately, investing in data collection and analysis can produce valuable insights that improve your campaign performance, which often translates into increasing your bottom line, while providing more meaningful advertisements to customers.
How to Collect Meaningful Data – Pre-Campaign
Now that the many benefits of data are clear, how do you go about collecting meaningful data for your company? The first step is identifying what you know and what you don’t know. If you’re interested in understanding your customers better and building buyer personas, a Consumer Research Study could be the route to take. Or if new product development is one of your 2018 goals, perhaps a Product Development Survey would be best. Understanding knowledge gaps in your organization is the first step in defining your research parameters and getting at the information you desire.
How to Use Data to Inform Your Online Campaigns
Surveys are a great way to collect data. But they aren’t the only way. Some of the most important data is collected as your digital campaigns are running. For instance, Paid Search campaigns are only made better by tracking the performance of several ads. Over time, the data tells you which messages are resonating with which audience segments, which times of the day ads are performing, etc. You can use information from email campaigns similarly, testing to see which subject lines and messages perform best and using the data to make your campaign more effective. These are just two examples. Online testing and fine-tuning should be a big part of your marketing strategy in 2018 if you are not already doing it.
Investing in Audience Growth
When you conduct research and testing with the goal of gaining insight into your target audience, not only will you have a set of data points describing them, but you will have a deeper understanding of their thoughts, feelings, and motivations. You will have answers to the questions Who, What, When, Where, and Why. With this information, you can create targeted campaigns keyed into specific points that appeal to your audience.
For example, let’s say you learn through research that factory owners are not just concerned with OSHA compliance, but also feel an emotional connection to protecting the lives of their employees through safe work environments. You can take that piece of emotional information and apply it to your messaging, helping factory owners connect with what you’re saying on a deeper level. If you learn architects visit certain industry websites more often than others, tailor your media plan to highlight that website. If contractors tend to open emails more at night than throughout the day, customize your email campaign to launch at 9 pm instead of 10 am. Small tidbits such as these can reveal themselves through detailed research, and become game-changers in the development of your entire marketing strategy.
When considering marketing initiatives to pursue in 2018, marketing research and testing should be top priorities. Gaining a deeper understanding of audience behavior is crucial, especially as outreach becomes more digitally focused each year. And in 2018, we will continue to see this trend develop and blossom. Time to dive in head-first!
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