If you’re an online business owner, I am sure you have wondered from time to time who your customers are. It’s a good question to ask. Once you group your customers from a demographic perspective, then you can understand who they are, which helps you understand what kinds of products or services they actually want to buy. And you can all of this without going to a counseling session.
When you finally know who your current consumers are, you can attract more customers to your business. With the rapid increase in customer competition every day, it will make you have a competitive advantage.
So What Is a Customer Profile?
A customer profile is an analysis or a description of an ideal or a typical customer for one’s business. Customer profiling is a tool that companies use to know and understand their customers. This marketing tool help organizations make sound business decisions.
Profiling leads to your customers’ profile, which contains the description of your consumers based on several attributes. You can group profiles that have the same descriptions, such as demographics, psychographics, behavioral characteristic, and geographic.
Examples of a Customer Profile
Profile With Personal Information
This is a simple profiling that only contains basic and essential details. If you’re a simple person that doesn’t like to complicate things, then you could go for this kind of customer persona. Also, some customers don’t want to spend a lot of time filling out an enormous profile. Thus it’s another advantage.
Profile With Customer’s Interests
This involves grouping the interests of your customers based on psychographics, demographics, environmental as well as behavioral including age, job role, interests, location, gender, and more.
With all this info, it easy to create a strategy to reach out to your customers often.
Profile with Abilities
Most organizations often feel that all their customers can benefit from their offers, while that could be true, that doesn’t mean that everybody can make a great fit. It is better to have a real customer profile to focus on where to sell and market your efforts. You have to remember the following abilities.
- NEED for your service?
- TIME to use and benefit from your offering?
- SUCCESS experience in your area?
- BUDGET to deal with the unknown?
- WINNERS, who benefit when you win?
Profile With Artistry Aspect
This are skills or creative. Thus this type of profile has portions that are related to all kinds of customer contact info and personal details. This should also include details of customer service, events invited to, and products of interest.
Customer Profile With Demographics
This type of buyer persona is usually the one with a lot of details. It contains questions that are related to psycho-graphics, demographics, as well as actionable insights.
Want to create your buyer persona? Follow the following steps:
Know How Your Products And Services Are Being Used
Before you create a profile, you need to fully understand your products and services and your organization’s mission. Understand who your target customer is and how they are related to the way you develop and package your products and services.
Ask Your Customers To Leave A Feedback.
For you to create an accurate consumer profile, you need to carry out a survey from your audience and get their feedback about your offering and how reputable your company is.
Identify Consumers Based On Psychographics, Demographics, Behavioral, Environmental Factors And more
You’re set to getting your target audience, but all you’ll have to do is know them in-depth as well. Find out as much info as you can. Make sure the info is accurate because it may help you win over your competition.
Update You Consumer Profile Consistently
Once you find all the information possible, keep a record of all your findings in a database template. Keep in mind that all your customer’s templates should be the same. Having all the sections you need would be an excellent way to start your profile template. Hence, when you need to update, you will find the files easily.
Benefits Of Using A Customer Profile
Understanding Untapped Market
A well-done customer profile enables you to analyze market areas and let you understand your penetration rates and the potential that your products or services have. Penetration rate leads you to the potential market.
Improve Targeted Marketing
By finding out and understanding your customer in the highest penetration area, you can target business opportunities or marketing to potential buyers of your products. You can easily improve your ROI and response rate by simply presenting offers to specific prospects who might be interested in the offer.
Choose Better Sites
Consumer profiling is a necessary analysis to predict the size of your total market opportunities, revenue, and consumers for new or scheduled locations. Few organizations can make a winning site selection decisions with a less understanding of a customer profile.
Build Trust
Consumers who maintain a reputable relationship with companies are not likely to run to competitors, even if they may be offering relatively better services.
Make use of the right words, give the best prices, deliver the best offers, and come up with products that your buyer would not want to miss. When you build a long-lasting relationship, it hard to break them with time. With time your products will be part of them, and they’ll have no choice than to stop investigating your competitors.
Communicate Easily.
A customer profile helps you understand your consumer well, hence, having a good relationship. And the better you know your audience, the more you can create for them appealing products, content, ideas, handle positioning and placement, make sound decisions, and promote your products.
The profile makes all your consumers easy to access and engage with.
Final Thoughts
You obviously need to have a customer profile because it can help you grow your SaaS. They support your marketing tactics and goals indirectly. Without having them, you may lack a proper channel of communication with your buyers effectively, and most importantly, marketing is just communication.