The buyer persona guide for businesses

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The buyer persona guide for businesses

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Buyer personas are created to represent a specific type of buyer, typically one that is important to your business. Buyer persona is a powerful tool for understanding how your buyers think, factors influencing their decision, and how they might behave when considering a purchase. Based on this information you can craft messaging and product features that are more likely to appeal to them. Every piece of information about your buyer persona will help you save your marketing budget. – PowerPoint PPT presentation

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Title: The buyer persona guide for businesses


1
The Buyer Persona Guide For Businesses
  • Introduction
  • With more than 80 each, United Arab Emirates and
    India had the second-highest adoption rates of
    social e-commerce.
  • A buyer persona is a representation of the buyer
    of a product or service based on market research
    studies.
  • Buyer personas help businesses design their
    marketing and selling strategies to specifically
    appeal to that persona.

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2
What is a buyer persona?
  • A buyer persona is a representation of the buyer
    of a product or service based on market research
    studies.
  • Buyer persona is a set of characteristics buyers
    have that affect their buying behaviour.
  • It can be used to help you better understand
    buyers, their needs and motivations, and to
    develop marketing and product proposals that
    appeal to them.

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3
Why is buyer persona important?
  • Buyers are the lifeblood of a business. Without
    them, a business cannot survive.
  • Buyers are the ones who make or break a business.
    If you can create buyer personas that accurately
    represent your target market, you can increase
    your chances of success.
  • Without a good buyer persona, businesses won't be
    able to create a good relationship with their
    customers and might not be able to sell their
    products/services.


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4
What are the types of buyer personas?
  • There are four major buyer personas the ideal
    buyer, the rational buyer, the emotional buyer,
    and the opportunistic buyer.
  • The ideal buyers are analytical and look at the
    facts and figures before making a purchase.
  • The rational buyer is the type of buyer who is
    looking to save money.
  • Emotional buyers are those who are motivated by
    their emotions and are more likely to buy
    impulsively.
  • Opportunistic buyers are those who are looking
    for an opportunity to make a quick buck and are
    more likely to buy impulsively.

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5
Creating buyer personas in 5 simple steps
  • Step1
  • Identify the types of buyers that your product or
    service could attract.
  • Who he/she is?
  • Age
  • Employment Status
  • Location

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6
Creating buyer personas in 5 simple steps
  • Step 2 Psychographics
  • The aspirations, attitude and lifestyle of the
    persona.
  • What are their personal characteristics?
  • How would they describe themselves?
  • Communication tools Email, phone, whatsapp
  • Social Media
  • Online shopping
  • Associations

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7
Creating buyer personas in 5 simple steps
  • Step 3 Determine the needs and wants of these
    buyers.
  • What are the specific needs of this buyer
    persona?
  • What are they likely to do when looking to buy a
    product or service?
  • What are their preferred methods of buying?
  • What are their concerns or pain points?
  • What are his/her challenges?
  • What are their goals?

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8
Creating buyer personas in 5 simple steps
9
Creating buyer personas in 5 simple steps
  • Step 4 Create a profile based on their
    identified needs and wants
  • Once you have researched your buyer persona, you
    will need to create a buyer persona profile.
  • This will include information such as the buyer's
    age, gender, professional status, location,
    interests, and challenges or pain points.

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10
Creating buyer personas in 5 simple steps
  • Step 5 Test and refine your buyer personas
  • When taking these steps, it's important to keep
    in mind that buyer personas are not static or
    one-size-fits-all.
  • Buyer personas should be adapted and updated as
    needed to reflect the changing needs and wants.
  • You need to test and refine the buyer profiles
    until they are as accurate and representative as
    possible.

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11
Creating buyer personas in 5 simple steps
  • Collecting Data
  • You can use free online survey tools like Google
    Forms or Survey Planet to collect the data.
  • You can also use social media surveys with a
    single question or even a physical questionnaire.
  • You could do a market research study, surveying a
    representative cross-section of buyers.
  • Your employees handling customers can help you to
    get an insight into your customers priorities
    and values

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12
How many buyer personas should you create?
13
How many buyer personas should you create?
  • There is no set number of buyer personas that you
    should create, as the number will depend on the
    specific needs and desires of your target market.
  • It is generally recommended that you create at
    least three buyer personas, as this will give you
    a good understanding of the different types of
    buyers
  • If the final consumer needs the approval of few
    others then each person involved in the decision
    to buy your goods/services is a different
    persona.

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14
The Buyer Persona Guide For Businesses
  • Conclusion Buyer persona is an important tool
    for marketers.
  • By figuring out who your buyers are and what
    motivates them, you can create content and ads
    that are relevant and engaging to them.
  • Buyer persona can offer you a solid foundation
    from which to build your marketing campaign's
    content and help you prioritise its important
    components you need to focus on.
  • Every piece of information about your buyer
    persona will help you save your marketing budget.


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15
The Buyer Persona Guide For Businesses
  • THANK
    YOU.

  • Metsertive

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