designing & testing buyer personas for inbound marketing

31
presents Designing and Leveraging Buyer Personas SAM MALLIKARJUNAN @mallikarjunan

Upload: intelligently

Post on 01-Nov-2014

941 views

Category:

Business


3 download

DESCRIPTION

Learn how to research a market and develop buyer personas for all of your target markets. This deck covers the fundamentals of customer segmentation, including gathering market information, how to pull that information into a cohesive buyer persona, and examples of Hubspot's buyer personas. Slides from a class taught by Hubspot's Sam Mallikarjunan.

TRANSCRIPT

Page 1: Designing & Testing Buyer Personas for Inbound Marketing

presents

Designing and Leveraging Buyer Personas

SAM MALLIKARJUNAN@mallikarjunan

Page 2: Designing & Testing Buyer Personas for Inbound Marketing

#inbound12

SamMallikarjunan

Head of Experimental Marketing at HubSpot

…we do the weird stuff

@Mallikarjunan

Page 3: Designing & Testing Buyer Personas for Inbound Marketing

A Brief Introduction to Buyer Personas

How to Present Your Buyer Persona

An Example of a Complete Buyer Persona

1

2

3

Table of Contents

Business Applications of Personas4

Page 4: Designing & Testing Buyer Personas for Inbound Marketing

A Brief Introduction to Buyer Personas1

Page 5: Designing & Testing Buyer Personas for Inbound Marketing

What Are Buyer Personas?

Buyer personas are fictional representations of your ideal customers. They are based on real data about customer demographics and online behavior, along with educated speculation about their personal histories, motivations, and concerns.

?

Page 6: Designing & Testing Buyer Personas for Inbound Marketing

Why Are Buyer Personas So Key?

The personalized and highly targeted capabilities provided by effective buyer personas are how you can be competitive with massive long-tail firms like Amazon.com.

?

Page 7: Designing & Testing Buyer Personas for Inbound Marketing

How Are Buyer Personas Created?

Buyer personas are created through research, surveys, and interviews of your target audience. That includes a mix of customers – both “good” and “bad” -- prospects, and those outside of your contact database who might align with your target audience. You’ll collect data that is both qualitative and quantitative to paint a picture of who your ideal customer is, what they value, and how your solution fits into their daily lives.

?

Page 8: Designing & Testing Buyer Personas for Inbound Marketing

Exclusionary Personas

Typically identified by the Sales or Services departments of a firm, Exclusionary Personas help us know what types of leads and customers make bad fits for our process or organization. We can use the same method of finding what content attracts them and avoiding it.

?

Page 9: Designing & Testing Buyer Personas for Inbound Marketing

Two Types Of Persona Characteristics

Buyer Personas are not an entirely new concept, but they’ve traditionally focused on demographic characteristics. Because Inbound marketing is fundamentally attraction based – and attraction is a psychographic characteristic – to effectively create content we need to define these characteristics as well.

?

Page 10: Designing & Testing Buyer Personas for Inbound Marketing

How Do You Socialize ABuyer Persona?

So you’ve done the research and conducted all the interviews … you’ve finally figured out who your buyer persona is. Congratulations! But how do you communicate that new understanding of your target customer with your entire organization? After all, if your sales and marketing teams don’t understand who they’re speaking to, it’s hard to craft a message that really resonates.

?

Page 11: Designing & Testing Buyer Personas for Inbound Marketing

How to Present Your Buyer Persona2

Page 12: Designing & Testing Buyer Personas for Inbound Marketing

Company ABCBuyer Persona Overview

Month, Year

Insert your company name, as well as the

month and year in the gray text on this slide.

Page 13: Designing & Testing Buyer Personas for Inbound Marketing

Persona NameBACKGROUND:• Basic details about persona’s role• Key information about the persona’s

company• Relevant background info, like education

or hobbies

DEMOGRAPHICS:• Gender• Age Range• HH Income (Consider a spouse’s income,

if relevant)• Urbanicity (Is your persona urban,

suburban, or rural?)

IDENTIFIERS:• Buzz words• Mannerisms

You can find this

information by

administering online

surveys of your target

audience.

Page 14: Designing & Testing Buyer Personas for Inbound Marketing

Persona NameGOALS:• Persona’s primary goal• Persona’s secondary goal

CHALLENGES:• Primary challenge to persona’s success• Secondary challenge to persona’s

success

HOW WE HELP:• How you solve your persona’s

challenges• How you help your persona achieve

goals

Conduct interviews with your target audience to learn about their goals and challenges in more detail.

Page 15: Designing & Testing Buyer Personas for Inbound Marketing

Persona NameREAL QUOTES:• Include a few real quotes – taken

during your interviews – that represent your persona well. This will make it easier for employees to relate to and understand your persona.

COMMON OBJECTIONS:• Identify the most common

objections your persona will raise during the sales process.

Identifying common objections will help your sales team be better prepared during their conversations.

Page 16: Designing & Testing Buyer Personas for Inbound Marketing

Persona NameMARKETING MESSAGING:• How should you describe

your solution to your persona?

• Do they respond differently to different messaging (humor, memes, aggressiveness, etc.)

ELEVATOR PITCH:• Make describing your

solution simple and consistent across everyone in your company.

Establishing your messaging prepares

your entire organization to convey the same message.

Including a real photo

from Creative

Commons or

iStockphoto helps

everyone envision the

same person.

Page 17: Designing & Testing Buyer Personas for Inbound Marketing

An Example of a Complete Buyer Persona3

Page 18: Designing & Testing Buyer Personas for Inbound Marketing

Sample SallyBACKGROUND:• Head of Human Resources• Worked at the same company for 10

years; worked her way up from HR Associate

• Married with 2 children (10 and 8)

DEMOGRAPHICS:• Skews female• Age 30-45• Dual HH Income: $140,000• Suburban

IDENTIFIERS:• Calm demeanor• Probably has an assistant screening calls• Asks to receive collateral mailed/printed

Page 19: Designing & Testing Buyer Personas for Inbound Marketing

Sample SallyGOALS:• Keep employees happy and

turnover low• Support legal and finance teams

CHALLENGES:• Getting everything done with a

small staff• Rolling out changes to the entire

company

HOW WE HELP:• Make it easy to manage all

employee data in one place• Integrate with legal and finance

teams’ systems

Page 20: Designing & Testing Buyer Personas for Inbound Marketing

Sample SallyREAL QUOTES:• “It’s been difficult getting company-

wide adoption of new technologies in the past.”

• “I don’t have time to train new employees on a million different databases and platforms.”

• “I’ve had to deal with so many painful integrations with other departments’ databases and software.”

COMMON OBJECTIONS:• I’m worried I’ll lose data transitioning to

a new system.• I don’t want to have to train the entire

company on how to use a new system.

Page 21: Designing & Testing Buyer Personas for Inbound Marketing

Sample SallyMARKETING MESSAGING:• Integrated HR Database

Management

ELEVATOR PITCH:• We give you an intuitive database

that integrates with your existing software and platforms, and lifetime training to help new employees get up to speed quickly.

Page 22: Designing & Testing Buyer Personas for Inbound Marketing

How Businesses Use Buyer Personas4

Page 23: Designing & Testing Buyer Personas for Inbound Marketing

Content Creation• Blog  content• Non-­‐transac8onal  Conversion  Offers• Website  &  Graphic  Design• E-­‐mail  Copy  &  Design

Page 24: Designing & Testing Buyer Personas for Inbound Marketing

Content Creation• Blog  content• Non-­‐transac8onal  Conversion  Offers• Website  &  Graphic  Design• E-­‐mail  Copy  &  Design

Page 25: Designing & Testing Buyer Personas for Inbound Marketing

Sales• Psychographic  Characteris8cs  help  sales  know  how  to  approach  individual  leads:

• How  does  this  persona  respond  to  aggressiveness?

• What  creates  a  sense  of  urgency  for  them?• What  are  the  key  pain  points  the  solu8on  addresses?

• What’s  the  prospects  level  of  sophis8ca8on?

Page 26: Designing & Testing Buyer Personas for Inbound Marketing

Services• What’s  the  customer’s  level  of  sophis8ca8on?• What  are  the  primary  features  that  aMracted  the  customer?

• What  organiza8onal  or  experien8al  challenges  might  hinder  implementa8on?

• What  unique  use  cases  can  be  used  to  upsell  or  retain  a  customer?  (DirecTV  FTW)

Page 27: Designing & Testing Buyer Personas for Inbound Marketing

Personas & Unit Economics

• Since  Personas  are  aligned  across  all  elements  of  the  business,  you  can  iden8fy  and  define  individual  unit  economics  by  persona.

• This  lets  marke8ng  and  sales  know  which  personas  to  pursue  to  drive  the  most  Enterprise  Value.

Page 28: Designing & Testing Buyer Personas for Inbound Marketing

Personas & Customer LTV

• The  marke8ng  equa8on  doesn’t  end  with  lead  –  or  even  customer  –  acquisi8on.

• Persona  characteris8cs  can  help  iden8fy  what  messaging  and  offers  an  exis8ng  customer  will  respond  to  that  can  increase  their  LTV.

Page 29: Designing & Testing Buyer Personas for Inbound Marketing

Learn From Our Mistakes:

• HubSpot’s  ARG• MEME  in  E-­‐mails  Test• Ashley  Overload

Page 30: Designing & Testing Buyer Personas for Inbound Marketing

Let’s Make A Persona

• Define  Demographics• Define  Psychographics• Name  The  Persona• Develop  Backstory• *What’s  Next?

Page 31: Designing & Testing Buyer Personas for Inbound Marketing

Course TitleCourse TitleINSTRUCTOR NAME