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February 18, 2019

Why an In-Depth Understanding of Your Customers Is the Only Marketing Strategy You Need

By Mark Mitchell

Why an In-Depth Understanding of Your Customers Is the Only Marketing Strategy You Need

Successful marketing is about more than tracking

analytics, building a social following and getting traffic on websites.

Ultimately, successful marketing is about the

customers. No matter how great your marketing efforts are, it doesn’t matter if

you can’t connect with the audience.

So, if you want to be truly successful, you need

to have an in-depth understanding of your customers.

What is a Customer-Centric Marketing Approach?

Customer-centric marketing uses personalization

to deliver products, messages and content to the customer that provides them

with the answers they need. This applies not only to marketing, but also to

your entire organization.

Putting your customers first can improve your

relationship with them and retain more customers over time, since they feel

valued.

With customer-centric marketing, you stop

telling your customers what they need, which comes across as unappealing and

untrustworthy. Instead of pushing products and aggressively asking for the buy,

with customer-centric marketing, you craft your messaging, content and products

around addressing their needs first.

Ultimately, if a customer knows they have other

options and feel undervalued by the business’s lack of attention, they’ll move

on.

The Value of Knowing Your Customers

More and more businesses are taking advantage of

the power of blogging and content marketing, meaning that the internet is

flooded with content everywhere you turn. As a result, customers no longer need

to waste time on low-quality content that doesn’t serve their needs.

If you want to stand out among this crowd, you

need to create unique content that’s relevant to the needs of the target

audience. When you can create content that fits their needs, you develop trust

and value with your business. This makes customers more loyal to your business

and its products.

Having loyal customers with repeat purchases

offers many benefits to your business, not only in revenue, but in positive

brand reputation and word-of-mouth recommendations.

Loyal customers are also easier to sell to,

reducing the amount of time necessary to nurture and convince them to buy from

your business. Instead, you can toss them right back in the sales funnel and

make the sale much faster.

In fact, repeat customers are 65 percent more likely to convert

over new prospects. This means reduced marketing costs and more sales for you.

Loyal customers are also more likely to support

your efforts to generate new business, since they want to share their

experiences with their family and friends. This boosts your trust with new

customers and gets you more sales.

So, when you stop guessing at your customers’

wants and needs and start paying attention to the feedback they give you, you

get both long-term business relationships and increased profits.

How to Get an In-Depth Understanding of Your Customers

Developing these relationships and this

understanding of your customers takes time, however. Your customers’ needs may

change over time, and you need to change with them.

Here’s how:

**Build Your Buyer Personas**

A buyer persona is a guide to the audience

you’re trying to attract to your business. A buyer persona describes one ideal

customer or client in detail, giving you insights about their behaviors,

demographics, background and other unique identifiers.

A truly in-depth buyer persona goes beyond this

knowledge, however. It dives much deeper into understanding the customer’s life

and the challenges they face. What are their problems? What influences their

decisions?

The key to all of this is not to guess, of

course. When you create buyer personas, you can’t just create a customer. It

needs to be based on the loyal customer base you have.

If you’re trying to reach a different audience,

you can even create multiple personas to target new customers, while also

keeping your loyal customers around.

Keep in mind that these may change over time as

well, so you should watch how they evolve and continually find new ways to

reach them.

**Listen on Social Media**

Many people are comfortable displaying much of

their lives on social media. This can provide you with valuable insights about

them and how they feel about your business.

If you only pay attention to posts and comments

that relate to your business, however, you’ll miss out on insights from them

about what they need from a product or service. To get a real understanding of

the target audience and what they expect from your business, you need to go beyond

the mentions.

Social listening tools can be helpful for this. Mention

is one of the best tools to monitor your

brand anywhere. It gives you insights about who’s posting about your business,

where they’re located and what influence they have. From there, you can do a

little more research into these potential customers to learn more about them.

You should also work to connect with your

audience when they come to you. With the availability of brands online, most

customers expect quick responses when they inquire online. Be sure to pay

attention to questions, comments and feedback to you about your business, so

you can get an idea of the problems your audience is experiencing.

**Use Surveys**

If you’re not getting the answers you need from

social listening, don’t be afraid to ask your customers directly. Surveys

provide you with opinions and insights that you may not have otherwise, and

they’re easy for customers to participate in.

Keep in mind a few things, such as:

●Keep your survey short and simple.

●Humanize your message to let them

know that their feedback has a purpose.

●Use a progress bar to let customers

know how long they have to complete the survey.

Ultimately, the idea behind the survey is to

keep it as quick and painless as possible for participants.

**Pay Attention to Visited**

**Content**

Whether it’s videos, blog posts, infographics or

images, customers engage with a variety of content throughout the day. To

understand what they want and need, you need to pay attention to the type of

content they visit.

The best way to learn more about popular content

is with Google Analytics. This will show you popular content and the patterns

that may arise, as well as the type of content that works better for your

audience.

Don’t forget to check out your competitor’s

social media pages to see what posts get a lot of attention as well. Using this

information, you can create more content that’s aligned with what’s working for

your competitor.

**Look for Lost Conversions**

In addition to learning about current customers,

you can learn a wealth of information from the leads that don’t convert. This

process is a little more involved, but it can provide you with valuable

insights.

First, let’s look at the buyer’s journey:

●A customer is aware of a problem.

●A customer considers the options to

solve that problem.

●A customer decides what solution to

try.

If you find that you lose buyers in the

consideration phase, you may be doing something wrong that keeps them from

converting. Of course, not every customer coming in contact with your product

will buy, but it’s still important to find leaks in the sales funnel.

With this in mind, you want to create content

for each stage of the buyer’s journey, so you can address any concerns a buyer

may have along the way.

Final Thoughts

When it comes to marketing, don’t assume you

understand the customer better than they know themselves. Instead of telling

your customers what they need, focus on providing them with information and

solutions that address their needs, so you can create a loyal following that

grows your business.

Not sure which service you need? Start with the problem.

Tell us what you are trying to improve. We will help you determine the most practical next step, even if that means starting smaller than expected.