Every good marketing plan starts with a target audience. This is the segment of consumers you want to target to see the highest return on your investment into a marketing plan. To define a target audience and channel your marketing efforts towards them, follow these five steps:
- What is Your Product or Service? Analyze it to find out what problem it solves for the consumer who buys it. Is it a cleaning product for messy houses? Is it a medication to relieve extreme aches and pains?
- Who Has the Problem Your Product Solves? If you’re offering a cleaning product you will want to target the head of the household, maybe a mother or a father with children. If your product relaxes the body and mind, you may decide to target individuals by age group or ailment.
- Where Does Your Audience Get Their Information? The parents with a messy house who need your cleaning product might receive a daily or weekly email newsletter. Baby Boomers may look to Facebook to learn what others in their age group are doing to relieve arthritis or chronic pain, while college students may turn to Instagram or Twitter. Consider advertising in the email newsletter, create and use the appropriate social media platform, or simply be present wherever your audience tends to get their information.
- How to Engage Your Audience? Pay special attention to sources your audience trusts and begin to associate your brand with these sources. For example: parents may rely heavily on Parenting Magazine and people with physical ailments might frequent WebMd looking for relief ideas. Also be sure to explain why your product or service will solve their problem more successfully than all other products.
- What Does Your Audience Profile Look Like? Create an audience profile. This way, your sales team, writers, and designers can refer to the profiles to ensure the product is being represented to the correct audience in a constructive way every step of the marketing process.
Forming a relationship with your customers takes time, but once you do, you can be sure that you’ll have a marketing plan that is sure to have a solid return on investment. Bring on a marketing expert to help create your target audience and expose your product to those who need it most!
Natalie Kane contributed to this blog post.