When you’re
trying to start or grow your business, you have to make sure you’re attracting
the right kind of customer. The key is knowing who to look for, and honing in
on your ideal client profile is the first step in creating an effective marketing
campaign. Unlike broad-based marketing, which tries to appeal to everyone,
targeted marketing is all about identifying what makes your ideal client
special and directly speaking to them about their needs. By mapping out
the attributes, behaviors, motivators, and preferences of who you think wants your
product or service, you can more effectively strategize how to connect with those
customers and build a stable clientele base.
Building
your ideal client profile
There are many
different kinds of information that can be gathered about your ideal client through
a combination of data and research. These include identifying their demographic
factors (age, gender, education, income level, marital status, location);
psychographic factors (values, beliefs, opinions, interests); behaviour (how
and when they make purchases); attitudes and motivators; problems and needs.
If you’re
in presales, and don’t have client information yet, consider designing a survey
to determine the customer group most likely to purchase your product or
service. Take time to check out the competition and see what their customers
like and don’t like (think; reading Yelp reviews). You can also use external sources
like market research reports and Statistics Canada.
If you
already have customers, you will be able to find much of this data through
social media analytics, emails, Google analytics, customer relationship
management (CRM) information and newsletter open/read rates. Design a survey
and interview your best clients – past and present – to learn more about what
they purchase and why.
There are
many free customer profiling tools online – explore those as well.
Creating
targeted messaging
Once you know
your ideal client inside and out, personalize your ads by using their language
and highlighting the specific benefits that will speak to them – communicate
your value by creating a focused marketing campaign. Even if you would like
your product or service to have universal appeal, a targeted marketing campaign
can be a great starting point to attract and solidify a loyal clientele and
validate your business offering and pricing.
Staying
connected
As your
company continues to develop, it’s important to measure and track client
activity. This not only provides a baseline but it gives you feedback on how to
test, tweak and improve your product or service. Respond quickly and
thoughtfully to your customers' questions, comments or concerns. Most importantly,
keep them up-to-date on your brand through personalized emails, polls and even
contests. Remember that the more exposure they have to your company, the more
likely they are to keep following and purchasing from it for many years to come!
Want to learn how to get your business started on the right foot?
Attend the “Business Basics for Startups” seminar series at YES, either in
person or online, on November 7th, 14th and 21st.
For more information, visit www.yesmontreal.ca
or call 1-888-614-9788 ext.316.
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