Understanding the concept of buyer persona

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If you work in marketing, surely you already know what a buyer persona is, but if not, it is also important that you know this concept to better understand the objectives of your company and its strategies. On the other hand, if you are thinking of starting your own project, knowing who your buyer persona is will be key to meeting your sales and growth expectations.

So, if you are interested in the world of business and marketing, don’t go too far, because we are going to see everything about the role of this tool and how to create a buyer persona template. Let’s start!

definition-of-buyer-persona

What is the buyer persona and why is it so important to define it?

The buyer persona is an essential tool for the marketing strategy that serves to guide the sales and communication strategy to the potential customer. The question is: who is that potential customer? Finding out this would be a challenge for the marketing team, which must do an exhaustive market study.

That being said, we define the buyer persona as the target customer prototype to whom we want to direct our efforts. It is not enough to talk about a generic public that shares certain characteristics, but rather to visualize a person, with a name, age, nationality, lifestyle and other factors that fit a very specific profile.

In addition, once the first buyer persona has been created, you can create variations that, in turn, will give other buyer personas. Ideally, you should focus on working with just one first, but as the business evolves and expands, it will be a very good sign if more prototypes of potential customers emerge.

What is the buyer persona template?

To carry out the buyer persona we can base ourselves on a template, which will serve as a methodical guide so that we do not miss any detail of our potential client.

The buyer persona template is a tool widely used by marketing and sales departments to create fictitious profiles that represent the ideal customers for a product or service.

How to make a buyer persona template?

The buyer persona template can be executed in many ways, more or less visually, but they must always include the following key information:

  • Demographic Data: age, gender, geographic location, marital status, educational level, etc.
  • Job Characteristics: industry, position, level of experience, job responsibilities, etc.
  • Behaviours and Preferences: how they research and make purchasing decisions, preferred communication channels, online activities, etc.
  • Challenges and Needs – Problems they face and goals they seek to achieve, related to the product or service.
  • Purchasing objectives: what they are looking to obtain when purchasing the product or service, how it fits into their life or work.
  • Quote or Anecdote: A fictional phrase or story that summarizes the perspective and attitude of the buyer persona.

What are the biggest advantages of working with the buyer persona?

Having defined your buyer persona well, as a prior step to the design of the marketing strategy , will prevent easily foreseeable basic errors from being made and, in addition, will provide various advantages such as these:

  • Personalized Connection: Provides an in-depth understanding of ideal customers, making it easy to customize messages and strategies to meet their specific needs.
  • Better Segmentation: Helps define more precise market niches, optimizing investment in marketing by targeting highly relevant audiences.
  • Informed Decision Making: provides key information for making strategic decisions regarding products, services, communication channels and prices.
  • Risk Reduction: By understanding customer needs and challenges, you decrease the likelihood of launching products or campaigns that don’t resonate with your target audience.
  • Better Communication: This makes it easy to create targeted and engaging messages and content, generating higher engagement and a stronger connection with the audience.
  • Internal Alignment: ​​Helps all teams in the company understand the ideal customer, from product development to sales to customer service.
  • Sustainable Growth: By meeting real customer needs, loyalty is fostered and a strong foundation for long-term growth is built.
  • Marketing efficiency: this allows you to optimize marketing investment by focusing on channels and strategies that really resonate with the buyer persona.
  • Measurement of results: it facilitates the monitoring and evaluation of the effectiveness of the strategies since the performance can be compared with the characteristics of the buyer person.
  • Adaptability: As market trends and needs change, the buyer persona can be adjusted to stay in line with the evolution of the audience.

What is the difference between target and buyer persona?

Before getting down to work, if we want to point out the difference between «Target» and «Buyer Persona». This lies in its focus and level of detail. While the “Target” refers to the broad group of potential customers defined by demographic and market characteristics, such as age and location, the “Buyer Persona” is a more detailed and specific representation of an ideal customer, incorporating demographic data, behaviours, needs and objectives.

While the “Target” is more general, the “Buyer Persona” delves into psychographic and behavioural aspects, allowing a more precise customization of marketing and sales strategies to meet the individual needs of customers.

 

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