Targeting niche markets is far more effective and efficient than mass marketing initiatives that include numerous contacts that are not your ideal customer. Breaking down your buyer personas and thoroughly researching the companies that you know fit your target audience will help make your marketing campaigns more successful. Here we highlight four reasons you need to really know your target audience.
If you’re purchasing data, it is essential that you know all of the details of your target audience. This will include industry, company size, job titles, job roles and a whole host of other demographics. Job titles and industries are not as well-defined as they once were, making it extremely important that you know exactly what type of company you’re looking for and the type of decision-making ability required to make a purchase decision on your product.
Segmenting Your Contact Database
List segmentation is essential in any marketing outreach. The ability to personalize your messaging to particular audience will have a significant impact on your ability to generate leads and keep lead acquisition costs down. Knowing your target audience will allow you to segment your contacts into niche markets so that you can speak more directly to their specific pain points.
Creating Targeted Content
You could write an incredibly educational and entertaining piece of content, but if it doesn’t speak to the needs of your target audience, it will do little good. Being able to use the same language as your audience, address their concerns and highlight exactly how your product can help them will make your content far more effective than simply casting a wide net.
Developing Future Products
Knowing your audience can help greatly in your ability to develop future products that will truly interest and help your client base. Clearly identifying their needs and the shortcomings of other solutions will help you to create products that will have a real impact on their business.