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Buyer Personas:
The Five Insights Every
Marketer Needs to Nail




           #AOWEB
Chat or Q/A




 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.
                                                             #AOWEB   2
Today’s Presenters




  Adele Revella              Atri Chatterjee
President, Buyer Persona     CMO, Act-On Software
        Institute
Buyer Personas:
The Five Insights Every Marketer Needs to Nail



Adele Revella
adele@buyerpersona.com



 6 85 SPRING STREET, NO. 200 | FRIDAY HARBOR, WA 98250 | W WW.BUYERPERSONA.COM
More than a story about the buyer . . .


                      a buyer persona is what the
                 buyer thinks about
              doing business with you.


 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.   5
Buyer personas should clarify decisions

                                                             Where

                                                     To prioritize marketing
                                                          investments
                       Who                                                            When
             Sales people & lead                                                  Sales people &
            generation campaigns                                               campaigns can engage
                should target                                Buyer                qualified buyers

                                                             Expert

                       What                                                            How
               To include in                                  Why               To focus creative and
            messaging strategy &                                                marketing efforts that
             marketing content                       Your strategy has the     impact buyers’ choices
                                                      highest potential to
                                                       achieve the goals



 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                                               6
Buyer Personas Need Five Rings of Insight




 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.   7
Two parts of a buyer persona



      Core Buyer Persona                               Product Persona Connection


   • Demographic information                      • Priority Initiative: buying triggers
      -   Job title                               • Success Factors: why we win
      -   Company size
                                                  • Perceived Barriers: why we lose
      -   Industry
      -   Education                               • Buying process: which personas are
                                                     critical, resources buyers trust
   • Job description
                                                  • Decision criteria: capabilities buyers
   • Top 5 priority initiatives                      consider most important




               © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                     8
Here’s a typical buyer personas



      Core Buyer Persona                               Product Persona Connection


   • Demographic information                      • Priority Initiative: buying triggers
      -   Job title                               • Success Factors: why we win
      -   Company size
                                                  • Perceived Barriers: why we lose
      -   Industry
      -   Education                               • Buying process: which personas are
                                                     critical, resources buyers trust
   • Job description
                                                  • Decision criteria: capabilities buyers
   • Top 5 priority initiatives                      consider most important




               © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                     9
You want to hear the buyer’s story




                         “    Take me back to the day
                            when you first started looking
                              for a ________ solution.
                                  What happened?
                                                             ,,


 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.        10
PROBE

        “have been thereto
          That need had
                         for
           a while. What
         happened to make
                         ,,
           this a priority?
This is a conversation




                           “ Soidentifydid youoptions? to,,
                                what
                                        your
                                               do first




 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.    12
PROBE
        “ that you visited
          You mentioned

        several websites.
        What questions did
        you find answered
              there?         ,,
Recent buyers will talk to you when you . . .




       • Are not in sales
       • Have an agenda, not a script
       • Don’t talk about your solutions
       • Ask interesting questions




 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.   14
How to get interviews


                              Recent
                                                                         Lists
                            wins/losses



                                                              Find
                                                             buyers


                              Recruiters                              Conference




 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                         15
The goal is insight
The better the understanding . . .
                       the more different than
                        our previous thinking . . .
     the more dramatic                                       the insight.



 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                  17
Clarify your unique value proposition




                     “ What aspect of ease-of-use
                          was most critical?
                                               ,,


 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.   18
Messaging before and after buyer insights


              BEFORE                                               AFTER
 . . . provides easy-to-                                     Increase productivity
     use, enterprise-                                        with the security
     level protection that                                   software that won’t
     optimizes                                               slow you down, get
     performance and                                         in your way, or
     system resources                                        swallow up system
     so small companies                                      resources.
     can get up and
     running quickly.



 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                           19
Insights clarify marketing investments

  Buying                  Key                 Conv                Key              Resources             Sales &
  Process               Personas              Rate              Decision            Buyers           Marketing Assets
    Step                                                        Criteria            Consult

      1                       2                 3                    4                  5                   6
                                                               Lightweight,        WSJ article,
Trigger             Small biz owner            75%
                                                               Brand name         LinkedIn group
                                                                                                     PR and social media


                                                                Battery life      Online reviews      Use case stories,
Research            Office Manager             20%
                                                                Size/Weight        Blog posts         blogger outreach

                                                               Keyboard feel       Apple Store,        POS displays,
Assess              Office Manager             80%
                                                             Screen Resolution      Best Buy           sales training

                                                              Cost trade-offs
Negotiate           Small biz owner            65%
                                                             Extended warranty
                                                                                 Supplier websites    Comparison pages


                                                               Start-up time                         Customer feedback
Implement           Office Manager             40%
                                                               Tech Support
                                                                                 Using experience
                                                                                                          program




 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                                                                 20
Sales people need these insights


      Who will agree to meet and how to get that meeting

        Positives to emphasize, objections to overcome

             What buyers say about each competitor

     Which buyers are critical at each buying process step

      How sales tools are targeted for distinct buyer types




           © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.   21
Does this describe you?

                                                                Influencer
                                       Empathetic
                                                                              Works
                                                        Confident            well with
                                                                              Sales

                                                                    Extroverted
                                                  Curious

                                                             Life-long
                                                              learner




                                                 Natural for buyer
                                                   expert role

 © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.                               22
“ The only people who achieve much
                are those who want knowledge
               so badly that they seek it while the
                conditions are still unfavorable.
               Favorable conditions never come.
                                                                           ,,
                                                              C.S. Lewis



 © 2012 BUYER PERSONA INSTITUTE, INC. ALL RIGHTS RESERVED.                     23
Resources at www.buyerpersona.com


  • Read e-book
  • Download templates
  • Subscribe to blog
  • Follow me on Twitter
    @buyerpersona
  • Take a workshop




            © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED.   24
Within 24 hours:
You will receive an email with the webinar
         recording and the slides

               Next Steps
Join our Weekly Demo (Tues. 10am PT)
      Schedule a 1:1 Live Demo
      sales hotline at: 1 (877) 530-1555
        email us: sales@act-on.com



                                           #AOWEB

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Buyer Personas: The 5 Insights Every Marketer Needs to Nail

  • 1. Buyer Personas: The Five Insights Every Marketer Needs to Nail #AOWEB
  • 2. Chat or Q/A  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. #AOWEB 2
  • 3. Today’s Presenters Adele Revella Atri Chatterjee President, Buyer Persona CMO, Act-On Software Institute
  • 4. Buyer Personas: The Five Insights Every Marketer Needs to Nail Adele Revella adele@buyerpersona.com  6 85 SPRING STREET, NO. 200 | FRIDAY HARBOR, WA 98250 | W WW.BUYERPERSONA.COM
  • 5. More than a story about the buyer . . . a buyer persona is what the buyer thinks about doing business with you.  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 5
  • 6. Buyer personas should clarify decisions Where To prioritize marketing investments Who When Sales people & lead Sales people & generation campaigns campaigns can engage should target Buyer qualified buyers Expert What How To include in Why To focus creative and messaging strategy & marketing efforts that marketing content Your strategy has the impact buyers’ choices highest potential to achieve the goals  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 6
  • 7. Buyer Personas Need Five Rings of Insight  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 7
  • 8. Two parts of a buyer persona Core Buyer Persona Product Persona Connection • Demographic information • Priority Initiative: buying triggers - Job title • Success Factors: why we win - Company size • Perceived Barriers: why we lose - Industry - Education • Buying process: which personas are critical, resources buyers trust • Job description • Decision criteria: capabilities buyers • Top 5 priority initiatives consider most important  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 8
  • 9. Here’s a typical buyer personas Core Buyer Persona Product Persona Connection • Demographic information • Priority Initiative: buying triggers - Job title • Success Factors: why we win - Company size • Perceived Barriers: why we lose - Industry - Education • Buying process: which personas are critical, resources buyers trust • Job description • Decision criteria: capabilities buyers • Top 5 priority initiatives consider most important  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 9
  • 10. You want to hear the buyer’s story “ Take me back to the day when you first started looking for a ________ solution. What happened? ,,  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 10
  • 11. PROBE “have been thereto That need had for a while. What happened to make ,, this a priority?
  • 12. This is a conversation “ Soidentifydid youoptions? to,, what your do first  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 12
  • 13. PROBE “ that you visited You mentioned several websites. What questions did you find answered there? ,,
  • 14. Recent buyers will talk to you when you . . . • Are not in sales • Have an agenda, not a script • Don’t talk about your solutions • Ask interesting questions  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 14
  • 15. How to get interviews Recent Lists wins/losses Find buyers Recruiters Conference  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 15
  • 16. The goal is insight
  • 17. The better the understanding . . . the more different than our previous thinking . . . the more dramatic the insight.  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 17
  • 18. Clarify your unique value proposition “ What aspect of ease-of-use was most critical? ,,  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 18
  • 19. Messaging before and after buyer insights BEFORE AFTER . . . provides easy-to- Increase productivity use, enterprise- with the security level protection that software that won’t optimizes slow you down, get performance and in your way, or system resources swallow up system so small companies resources. can get up and running quickly.  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 19
  • 20. Insights clarify marketing investments Buying Key Conv Key Resources Sales & Process Personas Rate Decision Buyers Marketing Assets Step Criteria Consult 1 2 3 4 5 6 Lightweight, WSJ article, Trigger Small biz owner 75% Brand name LinkedIn group PR and social media Battery life Online reviews Use case stories, Research Office Manager 20% Size/Weight Blog posts blogger outreach Keyboard feel Apple Store, POS displays, Assess Office Manager 80% Screen Resolution Best Buy sales training Cost trade-offs Negotiate Small biz owner 65% Extended warranty Supplier websites Comparison pages Start-up time Customer feedback Implement Office Manager 40% Tech Support Using experience program  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 20
  • 21. Sales people need these insights Who will agree to meet and how to get that meeting Positives to emphasize, objections to overcome What buyers say about each competitor Which buyers are critical at each buying process step How sales tools are targeted for distinct buyer types  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 21
  • 22. Does this describe you? Influencer Empathetic Works Confident well with Sales Extroverted Curious Life-long learner Natural for buyer expert role  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 22
  • 23. “ The only people who achieve much are those who want knowledge so badly that they seek it while the conditions are still unfavorable. Favorable conditions never come. ,, C.S. Lewis  © 2012 BUYER PERSONA INSTITUTE, INC. ALL RIGHTS RESERVED. 23
  • 24. Resources at www.buyerpersona.com • Read e-book • Download templates • Subscribe to blog • Follow me on Twitter @buyerpersona • Take a workshop  © 2012 BUYER PERSONA INSTITUTE INC. ALL RIGHTS RESERVED. 24
  • 25. Within 24 hours: You will receive an email with the webinar recording and the slides Next Steps Join our Weekly Demo (Tues. 10am PT) Schedule a 1:1 Live Demo sales hotline at: 1 (877) 530-1555 email us: sales@act-on.com #AOWEB