Your Ideal Customer Profile Needs More Than Just Demographic Data

Your Ideal Customer Profile Needs More Than Just Demographic Data

Your learning program’s ideal customer profile needs more than just demographic information. It’s valuable to know your target’s age, marital status, education level, and geographic location – the ‘who, what, where, and when’. But you also need to know the ‘why’.

Psychographics can help. They give your data some depth, providing you with a clear picture of who your target customer is and how they feel about the products they buy and use.??

Just simply relying on demographics and you may end up targeting completely different people. Take the demographic profile below as a classic example.?

Why Your ICP Needs Psychographics?

Psychographics focus on your customers’ attitudes, values, personality traits, and interests. These are just as important as demographic information.??

For example, imagine that you’re selling organic honey. It makes sense that you’d want to market your honey to people who care about health and wellness. When you advertise your product, you can highlight the fact that it’s good for health and good for the environment.??

The following are the key types of psychographic data your ICP should include.

Personality?

Define the personality traits your target customer exhibits when they interact with the world around them. There’s a good chance you’ll discover common patterns in your research. For example, are they introverted or extroverted? Are they concerned about tiny details or are they the type of person who doesn’t sweat the small stuff???

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Lifestyle?

Lifestyle refers to how your target customer lives their everyday life. This includes hobbies and interests and how they spend their leisure time. Understanding your customer’s lifestyle can help you identify the types of products and services they use and how they use them.?

Mindset and Attitude?

This category includes a whole range of characteristics such as goals, aspirations, beliefs, opinions, and core values. If you know what’s most important to your customers, you can align this with the products you’re offering. You can also learn more about the types of offerings they’d like from you.?

Buying Behavior and Attitudes?

An important part of your ideal customer profile is your target market’s attitudes and behaviors toward the products they buy. This includes their budget, how and where they buy, and how they use the products they purchase. It is important to understand their decision-making process and what prompts them to purchase. This will help you to set prices and streamline the sales process.?

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Pain Points?

It is crucial that you understand your customers’ pain points. These are areas where they’re struggling and looking for help. Your products should offer solutions to these problems. Understanding pain points will also help you figure out how to best communicate your products’ unique value to your audience.??

Using Psychographic Data?

Understanding the psychology of your target audience gives you the ability to focus on what they need and powerfully communicate with them. It’s not about using this information to manipulate people. Rather, you’re trying to know them well so you can help them make the right purchase decisions and improve their life. This data also helps you figure out where to reach them and how to speak to them.?

Creating Your ICP?

Once you’ve conducted research on your target market, you can start creating your ICP. This is a profile that describes your ideal customer as an individual who would best benefit from your products.??

Jeremy Streten

Award-winning Lawyer | Resumption and Property Law Specialist | Keynote Speaker | Business Coach | Our clients achieve two outcomes ? a great understanding of their rights & what they can achieve ? great customer service

11 个月

Couldn't agree more, Matthew. Understanding the 'why' behind their actions is key to crafting targeted messaging that resonates.

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Anthony Perl

Podcasts Done For You | Education and Nurturing System | We lead the conversation so you’re the expert | Your podcast builds authority | We handle the tech to publishing | Learn more in the "FEATURED" section below

11 个月

Couldn't agree more Matthew. Age, income, location - those are just the tip of the iceberg. To truly connect with your audience, you need to understand their behaviours and motivations.

Jess Tayel Dr.

?? Transformation Leadership Institute Founder ?? Your partner in building the #1 capability for leading into the future ?? For leaders & organisations driving change and transformation that lands and leads to growth

11 个月

Absolutely! Demographics only scratch the surface. Behavioral insights and psychographics reveal deeper understanding for effective targeting and engagement.

Great point, Matthew. In addition to demographic data, it's crucial to consider factors like buying behavior, pain points, and motivations when creating an ideal customer profile. It's essential to look beyond just demographic data to truly understand and connect with your target audience.

Interesting point! For B2B businesses, knowing the size, industry, and revenue of your target companies can be crucial.

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