Stop Attracting the Wrong Clients: How Defining Your Ideal Customer Personas Can Skyrocket Your Profitability
Heather Gifford-Jenkins, Strategy meets Soul
Helping Female Founders Level Up for Greater Growth - Uniting Emotional Intelligence Marketing with AI Amplification | 1,250+ Clients | 30 Years Multi-Passionate Entrepreneur | Marketing. Messaging. Mindset.
If you're attracting a mix of high and low-value clients, leading to reduced profitability, then continuing to target a broad audience will only lead to more frustration. ??
The reason is that you don't have a clear understanding of your ideal ‘next level’ customer personas.
Yes, we're not talking about your existing client base!
When growing a business, many owners believe that casting a wide net and targeting a broad audience will increase their chances of attracting more clients and boosting their revenues – and many times this is true when you’re first starting in business.
However, when you’ve reached a certain revenue, and you want to uplevel your business to hit your next scaling milestone, this approach often leads to attracting a mix of high and low-value clients, which can ultimately reduce your profitability and hinder your growth.
Without a clear understanding of your ideal ‘next level’ customer personas, you may be investing time and resources in marketing to individuals who are not the best fit for your products or services.
This can lead to a higher volume of low-value clients who require more support, have lower budgets, and are less likely to become long-term, loyal customers.
It seems harsh to say that out loud, but the truth is that every business on the planet goes through this evolution of growth and your previous customers have helped you get to this point, and now it’s important to refine your marketing to go even further.
So, to effectively attract more high-value clients and improve your profitability, it's crucial to develop a deep understanding of your ideal ‘next level’ customer personas.
This involves analysing past buying patterns, customer journey mapping, and considering demographic and psychographic data to create detailed profiles of your dream ‘next level’ clients.
It’s also about aligning everything in your marketing by identifying the specific characteristics, needs, and preferences of your ideal ‘next level’ customers, so you’re able to tailor your marketing efforts so that they resonate with them on a deeper level.
This targeted approach will help you attract more high-value clients who appreciate your offerings, are willing to invest in your products or services, and have the potential to become long-term advocates for your brand.
?Developing a clear understanding of your ideal customer personas typically takes a couple of weeks, depending on the complexity of your business, the number of services/products you provide and the available data. However, the benefits of this process can be transformative for your business.
Because, once you have a well-defined set of ideal ‘next level’ customer personas, you can create targeted marketing campaigns, craft compelling messaging, and optimize your products or services to meet their specific needs.
This in turn will help you attract more high-value clients, increase your average order value, and improve your overall profitability.
Imagine if you had a steady stream of high-value clients who are eager to work with you, value your services or products and are willing to pay premium prices for your offerings.
By focusing on attracting these ideal customers, you can streamline your operations, reduce customer acquisition costs, and build a thriving business that supports your long-term goals.
Helping you develop a clear understanding of your ideal ‘next level’ customer personas is just one of the things I do in my 8-week intensive 1:1 program.
I also help you with auditing your current marketing efforts, segmenting your marketing to match ideal client personas, auditing and aligning your marketing communications and collateral, and ensuring your branding and marketing imagery reflect your new positioning.
It's all aimed at getting you more high-value clients and up-levelling the business revenues of your established business.
DM me if interested and we'll have a quick chat to see if it's a good fit.
#CustomerPersona #ValueDrivenMarketing #ProfitableGrowth
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