In my mind, the first step to developing any business marketing strategy, or a business in general, is developing your target audience(s). Knowing who is going to be buying your service and/or product will allow you to develop the appropriate messaging, advertise in the areas they frequent, create a competitive pricing point (not only compared to your competitors, but also your clients wallet), and so forth.
Let’s look at some of the factors that could determine your target audience(s):
- Age group
- Gender
- Location
- Income
- Needs or pain points
- Decision making process
Now, not every single factor will come into play for everyone’s target audience, so remember it isn’t always necessary to limit yourself. For example, you wouldn’t want to exclude females if your product is not male specific.
An easy way to develop a better understanding of your ideal target audience is to run a survey. Ask the people around (previous customers, family, friends, community members, etc.) what they think – not only specifically about your product, but their needs and opinions in general. Focus on open-ended questions that will provide you information you need to promote in your industry.
Developing an outline for your target audience is not always the most glamorous part of any marketing campaign, but it is the cornerstone to any strategy foundation. If you need help understanding your audience you might want to consider working with a marketing expert; they can analyze your market and pinpoint the different factors that make up your target audience.



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