3 Simple Steps for Better Marketing Results by Defining Your Ideal Target Market

Buyer Persona

 

Do you want to see more results in your marketing campaigns? Follow the three steps below and watch your marketing return on investments increase.

Every marketing book mentions that you need to identify your target market. The problem with this is that most of these books don’t give you an easy way to define that ideal target market. Instead, they suggest you to do complex studies and research on your customers. This research is a great way to understand your clients in detail. The problem, however, is that most small businesses don’t have the resources to come up with this detailed and costly research.

To make it easier for you, below I share with you three simple steps that will help you have a very good understanding of your ideal target market.

1. Select your best clients.

- The first step is to define which customers bring you more profit and positive reviews. These are the clients that spend more money and, at the same time, invite their friends to your shop and/or leave positive feedback through your social media platforms.

2. Define their demographics and behaviors.

- Now that you have made a list of your best clients, study their demographics (age, gender, income, etc.) and understand why these people consume your products. What are the reasons they come to your shop to buy your products? Another aspect that you should study is if they have any other interests in common (ex: They all like to watch football.), so you could also engage with them in other experiences without just selling them your products.

3. Create your ideal client persona.

- The third and last stage is where you will combine the information above and create a modeled representation of your ideal client. Give him/her a name, age, what drives him/her to your shop, along with any other interests and behaviors they have. Please see the attached image as an example.

After you have done this exercise, every time you write an email, a Facebook post, or a newspaper ad to promote your products, look at your ideal client persona file and address it to him like he were a real person. I guarantee you that this will bring you more marketing return on investment.

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3 Simple Steps to Having a Successful Marketing Strategy

3 Steps of Marketing“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” —The Art of War, Sun Tzu

We need to do more marketing promotions! We need more business! This is a “classic” in all the Macau corporations that lack in marketing strategy.

Marketing is not a punctual method to bring you more business when you are not achieving your desired sales budgets. Marketing is a continuous process that has well-defined core goals, and all the marketing promotions you develop during the year should “push” you in your goals’ direction.

The easiest and simplest way to define your marketing strategy follows 3 steps:

- Decide who matters/who your ideal client is. When you have defined your ideal client, all your marketing promotions should focus on the best product/service in the market for that segment.

- Be different. Make sure you have something significantly different and better in the “eyes” of your target market. This differentiation could be regarding the product qualities, service standards, business location, pricing, etc., but it must be significantly better in your customer’s mind that will make them select your product instead of the competition’s product or services.

- Merge the two points above, and decide on your marketing strategy. Your marketing strategy should attract your ideal clients to consume your products by promoting and sharing your significant difference.

It is very simple and the core of marketing, but I really see a lot of companies that don’t have an ideal client base or well-defined product differentiation.

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Why You Should Serve Dopamine at Your Restaurant

Dopamine fotoDopamine is the neurotransmitter of desire. What else should you serve to your customers besides the desire to patronize your restaurant?

Dopamine guides humans to action, and it takes much less than half a second for the desire of action to happen. When you see a customer coming into your restaurant curious, excited, and interested in your products, it is dopamine that is moving him/her. If you want to see high levels of dopamine, you can visit a casino and observe the gamblers. Many of them are releasing high levels of dopamine by the desire to win the big bet.

How do you get more dopamine flowing in your customers’ brains? You must violate your customers’ expectations in a pleasant way.

How do you do this? In the restaurant business, the easiest way to create dopamine is when you simply open your restaurant. Everyone wants to try it. However, when your restaurant has been open for a longer period of time, you will need to keep making pleasant changes and introducing new items inside your restaurant to keep high levels of dopamine triggered in your patrons.

In summary, if you want your target market’s full attention and have the ability to erase your competition’s hold on potential customers, you need to keep constantly introducing novelty to your restaurant.

What was your last new addition or change you made in your restaurant? Did it create a dopamine release in your clients?

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How to get your competitor restaurant customers to your door?

You have an excellent restaurant, and you are wondering why your competitor is so busy and you not?

This is a question that comes many times to the heads of restaurateurs. If you offer a similar restaurant experience in the mind of your customers, the answer to the above question is: Marketing!

Below is a suggestion that I recommend if you are having this problem.

Study your competitors marketing tactics that are working. You may find out that: they send out a weekly email newsletter that is converting their first time customers into regulars, or they have been working with a marketing company/ consultant to enlarge and engage with their facebook page fans.

Whatever is the reason that is working for them, you should consider using a similar marketing strategy with some modifications in order to make it even stronger and more engaging. If it is working for them, it should also work for you! Additionally, if your opponent is having success with its strategy, he is not spending his/her efforts on improving it, that increases your success probabilities.

Do you know what marketing strategies have been working for your competitors?

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Restaurant online ads- Google or Facebook?

Both of them are very powerful advertising tools that can make your ads only visible to your potential clients. This way you won’t overspend by paying more to show your ads to people who will never patronage your restaurant. If you want to start by only using one of them, I strongly recommend Facebook. The reason why I recommend Facebook is because of its viral opportunities.
When you create an ad on Google, people will see it on the google search page when they perform a search related to your ad. After seeing your ad, potential customers may click on it and be transferred to your ad page/ message. However, if you want to send them another message, you will need to spend money again to create another ad. On the other hand, if you create your ad on Facebook, first your target market will see it even when they are not searching for something similar of what you are promoting, and if that ad is linked to your Facebook fan page, they may like your page and be connected with you “for life”, giving you future possibilities of promoting and engaging with them for free. Have you tried Facebook or Google advertising platforms? What are the results?

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