“I know, that I know nothing.”

 Sokrates, 469 – 399 v. Chr

Who is actually our customer?

It is surprising that the customer is an unknown entity in many companies.

This is due to the following reasons, among others:

  • The product is too much in the foreground. A very typical attitude in many companies, especially start-ups (in my experience), goes something like this:
    “Our product is so great; the customer just has to buy it.”
  • Too little or no customer analysis is done before the product launch / company foundation.
  • Too much judgement is made from one’s own experience with the product.
  • Later on, the possibilities for customer analysis/ dialogue are not or only insufficiently used.

So how do you avoid too strong a product focus and analyse the market successfully?

      It is important to segment the (potential) customers well. For this, the following important segmentation criteria on customers and target groups should definitely be included:
  1. Socio-demographics
  2. organisational form and size – (this is very important for B2B customer analysis)
  3. Geographical information, such as the company headquarters
  4. Industry, number of employees and stage of development (important for start-ups)
  5. Decision-makers or co-decision-makers
  6. Customer behaviour: How often and at what intervals do they buy?
  7. Purchasing cycles, seasonal fluctuations
  8. And for advanced users: the media usage behaviour of the target group:
      • Where does the target group inform itself and exchange information?
      • Which media does the target group use?
      • Are they on certain discussion forums?
      • Do they use LinkedIn or other social media platforms? (Note: The age of the target group is also relevant here!)

 

First of all, a quantification of the target group should be in the foreground, also in the B2B area, as this decisively determines the future approach.

  • How large is my target group?
  • Can it be clearly outlined or should it be segmented into further subgroups?
  • Am I dealing with many decision-makers in many companies – or with a handful of decision-makers whom I can reach through a personal approach?

 

This step, as banal as it may sound, is not thought through in many companies.

The sad and costly result: marketing campaigns according to the motto “a lot helps a lot”, which, however, miss the actual target group and come to nothing.

The next step is to take a closer look at the target group in qualitative terms. The use of so-called personas is interesting here. This term from online marketing refers to fictitious profiles from the target group.

Similar to a profiler, one or more personality profiles of the customers are created.

These outline as precisely as possible in whose life realities the product can be positioned. Well-made personas are authentic and lifelike.

This also has advantages for communication: the previously anonymous customer becomes more tangible as a target group and the marketing strategy more targeted.

»Copyright © 2021 Georg Doerner – All rights reserved.«