How to Identify Your Unfair Advantage
November 28, 2023Three Reasons to Start a Branded Podcast
December 11, 2023The beauty of modern marketing doesn't rest solely within the realm of creativity, design, or storytelling— it's in understanding who your buyers really are.
I'm thrilled to have Jim Kraus, the President of the Buyer's Persona Institute, joining us. With a robust career spanning over two decades, Jim has devoted his expertise to various marketing roles and has thrived as a market researcher.
Throughout our conversation, we explore the importance of buyer personas in determining marketing and sales strategies. We also consider the implications of the buyer's journey, their specific needs, and their potential concerns. As a bonus, Jim offers essential insights from his rich experience, sure to enlighten you on creating accurate and effective buyer personas.
So hit play and transform your marketing strategy with insights that are as real as they get.
Specifically, this episode highlights the following themes:
✅ The groundbreaking shift from fictional customer avatars to buyer personas.
✅ Balancing sales conversations with integrity and competitiveness.
✅ The methodology for developing potent buyer personas.
Link from this episode:
✅ Know more about Jim Kraus: https://www.linkedin.com/in/jimkraus
✅ Learn more about Buyer Persona Institute: https://buyerpersona.com
Time Stamps
00:00 - Introduction
01:56 - About Jim Kraus
05:48 - Understanding buyer behavior, needs, and decision-making process
06:48 - Creating fictional perfect customer is self-focused
12:01 - Identifying problems and solutions for marketing success
14:13 - Define buyer's pain and expected outcomes precisely
17:45 - Interview recent buyers to understand their story
19:49 - Qualitative interviews: aim for at least ten
24:20 - Identify buyer barriers to illuminate purchasing hesitations
27:45 - Addressing business ethics in a competitive market
31:05 - Prioritize lead quality, understand buyer criteria effectively
35:39 - Summarizing the buyer's journey and key influencers
37:46 - Identify key influencers and address purchasing objections
41:31 - Takeaway
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