All About Buyer Personas: What They Are, Why You Need Them and How to Make Them Effective Industry leaders encourage constructing buyer personas. Here's what you need to know about them.

By Small Business PR

This story originally appeared on PR Newswire's Small Business PR Toolkit

Blend Images - Colin Anderson | Getty Images

Constructing buyer personas has been encouraged by industry leaders for a considerable period of time, and the majority of marketers have listened to this recommendation -- 85 percent according to a study conducted by Relevance. Yet only 15 percent of respondents from the study indicated their buyer personas were effective. How is that possible when, according to Business Grown, persuasive personas usually account for over 90 percent of a company's sales? They key word here is "persuasive." About 80 percent of Relevance's study participants disclosed they were confused about how to properly create influential personas.

What is a buyer persona?

HubSpot defines a buyer persona as a "semi-fictional representation of your ideal customer based on market research and real data about your existing customers." This persona allows you to understand what your customers need, how they think, behave and how you can address them accordingly. The more details you can outline, the more successful the persona -- and your marketing efforts -- will be.

Demographics

First, configure the age, sex, income level, marital status, education level, geographic location and any other characteristics you think are important for defining your target audience. Once you've narrowed down the key demographic factors, you can begin to build a consumer profile.

Psychographics

While determining the demographic qualities of your target audience is important, identifying those factors alone is not sufficient. Take, for example, this profile: Ideal consumer is a married male, at least 60 years old, with a net worth of over 30 million and has a passion for playing golf. The consumer could be Bill Gates or Alice Cooper, and it's unlikely that both are receptive to the same tone or type of content.

Therefore, understanding the attitudes, aspirations and values of your target audience is also necessary to ensure marketing efforts are worthwhile. To further develop your persona, answer these questions:

  • Why would a shopper prioritize my content? What problems does my buyer feel passionate about?
  • How would a purchaser benefit from my content?
  • What hindrances might prevent a user from paying attention to my content? Or doubt my products and services are dependable?
  • How can I influence a user to take an actionable step?
  • What criteria will influence whether or not a shopper decides to make a purchase? How can I prove my products or services are superior to alternative options?

By digging deeper into the mind of your target purchaser, you can properly create a buyer persona and inbound marketing campaign that successfully reaches and influences your ideal shopper.

(Written by Phillip Thune)

Wavy Line

Editor's Pick

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.
Lock
One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year
Lock
3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Related Topics

Leadership

Are These 17 Biases Affecting You as a Leader? The Answer Is Likely Yes — Here's How to Address Them.

Having biases is an inherent part of being human, but that doesn't mean we don't have the responsibility to manage them and make sure they don't impact the way we lead.

Business News

The Virgin Islands Want to Serve Elon Musk a Subpoena, But They Can't Find Him

Government officials would like to talk to Tesla's owner as part of an investigation into the Jeffrey Epstein case.

Starting a Business

Is AI Opening the Door for the 100x Founder'?

We often hear the term the 10x developer — but AI is creating a startup environment that dramatically speeds up the time and reduces the resources needed to launch.

Real Estate

5 Strategies for Real Estate Investors to Survive (and Thrive!) Amid Rising Interest Rates

Rising real estate interest rates are not a reason to stress — they are an opportunity to invest.