When it comes to effectively marketing your business, how you communicate your company’s product and services – and who you communicate that to – makes all the difference.
Whether you’re in manufacturing, distribution, design, or retail, if you’re not consciously aware of exactly who you’re trying to reach, then your diligent daily work will not breed the results you deserve. Your company is already ahead of the curve when it comes to the ever-changing trends within the industry, so let’s discover how to successfully operate your marketing processes.
I used to highlight every sentence in my notes as a freshman in high school until I learned, “If you highlight everything, you highlight nothing.” Once I discovered how to decipher the most important facts, I was able to study more efficiently and achieve higher grades on tests. The same is true with your customer base. Yes, you want everyone in the world to purchase your product. But is everyone a good fit for your product? No – you need to highlight the right buyers and focus marketing efforts directly toward them.
That’s where Buyer Personas make their grand entrance. A buyer persona is a representation of your ideal customer, developed through market research and data based on your existing customers. Preferably, a company should develop multiple personas to effectively market to their target audiences.
Take time to analyze your current customer base and find out if you should build in any other area. Once you have some good facts, begin creating your personas. It can be easy to fall into “paralysis by analysis” and get overwhelmed. Begin with a few main personas and start moving forward; you can always make tweaks or add more later!
If you’ve ever participated in the High Point Furniture Market or Interwoven by ITA (formerly Showtime), then you understand the importance of differentiating your product from the competition. It’s pointless to waste your time trying to gain attention from prospects who are not a good fit. Make sure you know who your customers are, and who they are not.
In the furniture manufacturing industry, the concept of a persona brings an interesting twist, because manufacturers generally sell B2B to buyers, retailers or designers, but they also have to consider the end user/consumer, so marketing must be multi-faceted and appeal to every step of the sales process, and it must align with the rapidly moving digital world we live in.
As you “get to know” your personas more, you will need to tweak your descriptions of them, and your relationships will become stronger with potential buyers!
You might have great sales associates across the US (and globally), but if your marketing and sales efforts aren’t aligning correctly, you’ll encounter issues that you could prevent altogether by partnering with a marketing agency.
When you look at the bigger picture, focusing in on potential buyers who are the ideal prospect for your products will save you time and yield a much higher ROI for your business.
Download our Furniture Persona Development Worksheet to begin developing your buyer personas, or reach out to the Stratagon team if you have any specific questions!