Creating an ideal customer profile template is the first step to pretty much any website redesign or marketing campaign.
Because building a business around your passion is great.
Getting customers who are passionate about your business is even better.
The truth is, almost every failed startup has a product. What failed startups don’t have are enough customers.
But it’s not only the number of customers that count. The secret source of sustainable growth is retention. That’s why defining and attracting your ideal customer is so critical.
Unfortunately, many entrepreneurs and marketers don’t take the time to establish their ideal customer profile.
They go with the first guess of who they think is most interested in their product without ever doing their research.
If that’s you, you probably experienced that:
- Your ads hardly lead to more sales
- Your content doesn’t generate qualified leads and
- Your social media posts don’t get much engagement
In this article, we want to help you to get a clear understanding of your ideal customer or what marketers call “Buyer Persona,” so you can focus on the customers that can lead to long-term growth.
In fact, if you avoid proper customer research, you even risk going out of business completely. A study by CBinsights showed that ‘No Market Need’ is the most common reason startups don’t succeed.
Too many entrepreneurs are too busy being in love with their product and their brilliant idea, rather than making the customer the hero of their story.
By discovering your most valuable buyer and focusing on solving their problems, you have a chance to find the Holy Grail of every startup success: Product-Market Fit.
To make my point, let’s call it ‘Product-Customer Fit’ for now…
Apart from developing the right product for the right customer, you also need to find the right channel and create the right content.
Unfortunately, everybody is just talking about ‘Product-Market Fit,’ even though it doesn’t show the whole picture…
Ok, so how do we find our ideal customer? Simple, we create a customer profile…
Think about it for a second, what do you usually say when someone asks you about your target group? Probably something like…
- Between 25-35
- Interested in fashion
Ok, maybe you get a bit more specific, but you get my point.
The problem with this broad customer description is that you don’t really know anything about your individual customer. Their goals and needs are what eventually lead to the purchase of your product.
Everything you do, related to marketing, like paid ads, content creation, social media and even pricing will very likely not get the results you hoped for.
“Don’t even try to create content, run ads, promote social accounts or price your product if you don’t know who your ideal customer is.”
For that reason, we need to be VERY specific when we determine our ideal customer. Buyer personas help us with that. Here is the best definition I could found on the internet to describe buyer personas:
I don’t want to get too academic and discuss the differences between a customer profile and buyer persona.
Generally, they aim to serve the same purpose:
Developing your ideal customer profile template in the most detailed way, so that everyone in your marketing team understands what:
- Marketing channel to use
- Content to create
- Ad campaigns to run
- Language to use, etc.
There are no fixed rules for what your customer profile template should include. The goal is to create a specific image of the person you are communicating to with your marketing.
If you’re in the B2B space, think about the person you interact with and the one who makes the buying decisions within the company.
In most cases, you will have multiple personas that have different desires, needs, motivations and pain points. They read different blogs, are in different online communities and follow different influencers.
Also keep in mind that this is not something you do once. With more and more insights you gain from your customers, you will change and expand your persona template.
It’s like with every other relationship in your life.
Has it ever happened to you that an old friend told you something about him and you just thought…
You can’t know TOO much about your ideal customer!
So to create a valid ideal customer profile template/buyer personas for your business, you need to understand everything around that person:
- Did you attend college?
- Where did you grow up?
- What was your first job?
Goals, Challenges and Pain Points
- Career goals?
- The most frustrating part of the day?
- What do you worry about?
- Time spent at work and home?
- How do you spend your weekends?
- Where do you shop?
- Job title?
- Introvert or an extrovert?
- Optimistic or pessimistic?
- Right-brained or left-brained?
- What social media sites do you use?
- How do you use the internet to search for products?
- What sites do you usually shop on?
- Net worth?
- Kind of debt?
Product Insights/Objections to Sale
- Objections to the product/service?
- What questions would you ask yourself before buying a product?
- How do you prefer to communicate?
If you want even more resources, check out the link below.
To give you some inspiration, check out these two profile examples for an eCommerce store…
Both personas are potential customers, but their personalities, buying behavior and motivations are completely different when it comes to shopping.
With this information, you have the opportunity to create customer segments and present different offers that resonate with them.
You can find a couple more here persona examples for online shoppers.
It’s the million dollar question:
Based on your growth objectives…
“Who is your best possible customer?”
Not every customer is equal. At least not from your perspective.
Lincoln Murphy from Sixteen Ventures created a framework to determine which customers will help you grow your business and who will cause higher churn rates and lower revenue.
What’s funny is that finding your ideal customer has a lot in common with finding your perfect romantic partner. Just a coincidence? Probably not… You should love your customers too, as you need to build long-term relationships with them to grow your business. You will see what I mean in a second… Here are seven questions that determine who the kind of customer you need to target for long-term growth is:
Ok, so now you know the criteria your ideal customer needs to meet in order to get your full attention.
But who is that person exactly? And where do we find that person?
Of course, there is no universal answer, but you will soon see what action you can take to get a step closer:
1. Analyse your existing customer base
That’s pretty straight forward.
Just go through your CRM, Stripe account or whatever system you use to manage your sales and sort your whole customer base based on revenue or customer lifetime value.
It’s very likely that you notice this common phenomenon:
“80% of your revenue comes from 20% of your customers”.
Am I right?
Now, see what this customer group have in common based on e.g.
- Product needs
- Company size
- Company stage
- Personality traits, etc.
Add all of your findings to your customer profile template.
“Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.”
2. Analyse your website visitors
I’m 99.99 percent sure you already use Google Analytics to track your traffic.
But GA does way more than some people think.
It also gives you valuable information about your users’ demographics…
…and their interests.
Go to ‘Audience > Demographics > Overview’ and ‘Audience > Interests > Overview’ to see similar images like the ones above.
However, please keep in mind that maybe the majority of your current website visitors are not your ideal customers.
So make sure that you evaluate your data before you jump to conclusions.
3. Talk to potential customers
As the famous lean startup saying goes:
“Get out of the building”
You can’t solve your customer’s problems by hiding from them.
Fortunately, sites like Eventbrite and Meetup.com make it very simple to connect with people who have a potential interest in your solution.
There is pretty a much a meetup group for every interest. Some are just general network events, and others are around a speech with a specific topic.
Either way, it’s worth it for multiple reasons.
Start with small talk and show genuine interest in them before you annoy them with your interview questions.
Try to understand their pain points and interests without using it as a sales opportunity.
4. Survey your website visitors
Polls, like the ones from Hotjar, allow you to add simple, easy to answer mini-surveys to your website.
You can use polls to get feedback on your content, ask for suggestions or let your web app users suggest your next feature or product.
Usually, people answer these polls anonymously, but you can also ask for their email address after they give you an answer.
5. Spy your competitors
Want to know who your competitors are targeting?
Of course, you can’t get access to their customer database, but various tools can give you useful insights.
Based on their traffic sources and target keywords, for example, you get ideas that complement your customer profile template.
A. Facebook Audience Insights
We all know it:
“Facebook knows everything!”
You can’t make a move on the biggest social network in the world without creating some kind of data which gives Facebook insights about your interests and web activity.
However, for us marketers, it allows us to target a very specific group of people.
But even if you don’t want to run Facebook ads, you can get valuable insights through your Facebook business manager account for free.
Go to the Facebook Business Manager account for your business page.
If you don’t have one, open a free account here:
Connect it with your FB page. Then go to “Audience Insights” in the top left corner…
and type your most successful competitors in the interest section on the left.
The audience insights will give you information about your competitor’s fans.
- Pages they like
- Influencers, etc.
B. Social Insider
Social Insider is quite a new tool, but it is a game changer in terms of competitor analysis through Facebook.
The tool gives you very precise data about your own and your competitor’s Fan page and its users.
To understand how your customers are looking for particular content or products, it’s super valuable to know where they get their traffic from.
Follow.net shows you this within seconds.
A premium account is not needed, so give it a try.
It also gives you some more insights that might be valuable, too.
6. Find the most common questions
If you want to know what people are asking for on the internet to create better content and offers, then this tool has the potential to make your life one hundred times easier.
Buzzsumo Question Analyzer is a free tool that scrapes the internet to find the most popular questions people ask around a particular keyword.
Type in any keyword in the search bar and then…
Click on the “All Questions” tab to get the insights you are looking for.
7. Discover the most popular content
We consume content for many reasons:
- We want to be entertained
- We want to learn something
- We want to be motivated
- We want to be inspired
No matter what videos we watch, articles we read or podcasts we listen to…
It says a lot about who we are.
By discovering what content our competitor’s audiences like, we can get a very good idea about our customers’ interests.
These days, there are multiple tools to discover the most shared content.
Get started with Buzzsumo or Ahrefs Content Explorer, and you will learn a lot.
Most of the tips in this article could be seen as basic marketing knowledge.
However, it’s even more shocking how many business owners and even marketing managers don’t have a clear understanding of their buyer personas and expect a high ROI with their web design and marketing campaigns.
We know that creating a customer profile template can be very time consuming if you don’t know where to start.
So I hope that this guide can help you out.
You will see how much easier marketing will become once you have these insights.
Let me know if I missed anything and what you get out of it.
Table of Contents
- The Ultimate Customer Profile Template 2019
- What Is An Effective Customer Profile Template?
- How to Create a Customer Profile Template – Step by Step
- Customer Profile Template Examples
- Ideal Customer Framework: Who is worthy of your love?
- 7 Tactics To Define The Customers Profile That Will Love Your Business, Products & Marketing