In all marketing campaigns you have limited time and resources so you want to spend both as wisely and efficiently as you can. And the best way of doing so is by getting to know your target audience as thoroughly as you can.
You need to know who is buying your product or services, why they are buying it, from where they are accessing it, and other such information that is highly valuable.
You can learn all about your target audience using segmentation methods to divide them into smaller subgroups so that you are better able to analyze and understand them.
Once you have a better understanding of your audience, you will be able to create a more focused marketing strategy that feels more personal rather than scattershot.
Descriptive segmentation and behavioural segmentation are the methods that you can use to get to know your audience more intimately.
The benefits of behavioural segmentation are well known but keep reading to learn how and why getting to know your target audience can help you.
Knowledge Of Your Audience Can Make Your Marketing Campaign More Effective
Some people may think that learning about their target audience may be too time consuming but that time investment can pay big dividends down the line.
Knowledge of your target audience allows you to spend your limited time and resources in a more efficient way.
That is because you won’t just be throwing ideas at your audience to see what sticks; you will be able to craft an appealing strategy that they will appreciate and understand, which leads to more conversions and leads.
1# You Can Cater to a Specific Audience
Once you get to know your audience using techniques like behavioral segmentation, you will gain a better understanding of their habits, lifestyle, opinions, and more.
This knowledge can help you to create a campaign more focused on your audience and the way in which they interact with your product or service.
With that knowledge you can create marketing strategies that correlate directly to their wants and needs.
That way you can focus on the people who actually have an interest in your product or service and be able to target an audience who may be interested in it as well, but doesn’t yet know about it. In other words, you will be able to satisfy your current customers and gain new ones as well.
2# You Can Find An Under-served Market
In the old days, marketing campaigns were targeted to the stereotypical white male in the 18-49 age group.
That is because, at the time the belief was that since they were supposedly the biggest market, anything that appealed to them would appeal to everybody else.
Of course attitudes have changed over time and marketers now see the value in targeting audiences who don’t fit into the category of white male in the 18-49 age range.
With better knowledge of your audience you can target under-served audiences who appreciate the attention that you give them and who will be more likely to use your product or service in return.
The discovery of an under-served section of the market can help you to carve out a profitable niche that your competition completely ignored.
3# You Can Use More Cost Effective Strategies
As stated earlier, your time and resources are limited so you have to spend them wisely, which is why getting to know your audience is so important.
Instead of spending a lot of time and money to target as many people as possible, you can instead focus your strategy on only targeting people who you are sure will be receptive to your product or service.
So, rather than using a blanket strategy that covers as much ground as possible, you can instead focus on the ground that is the most fertile.
4# Get To Know Your Target Audience & Focus Your Marketing Efforts
By understanding your target audience audience and taking a more granular approach to marketing, you will be able to maximize your campaign.
You will be targeting people who already have an interest in what you have to offer and people who may be receptive to your product or service.
That way you will not waste precious time and resources going after an audience that has no interest in what you are offering.
In conclusion, knowing your target audience can produce more leads and conversions and offers a superior return on investment. So take the time to get to know your audience because it will turn out that it is time well spent.
Resources:
- SoundCloud Marketing: How To Effectively Reach Out To Larger Audiences
- Why Audience Testing is a Fundamental Step in the Business Naming Process
- 7 Essential Tips for Writing Social Media Content Your Audience Will Love
Author: Martins Straume
