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Discover why it’s critical to focus on psychographics and market to a mindset rather than getting distracted by demographics and the details of your product.
By Jonathon Bates | Head of Strategy | June 27, 2019
BLOG
Discover why it’s critical to focus on psychographics and market to a mindset rather than getting distracted by demographics and the details of your product.
By Jonathon Bates | Head of Strategy | June 27, 2019
There’s one thing in marketing that is more valuable than anything else, even more valuable than any new programmatic tool or piece of AI tech. So, what is this golden bullet? Quite simply it’s ‘good’ positioning and messaging.
So, what do we mean by ‘good’ positioning and messaging? Well, the key to marketing is to tell people what they want to hear.
When creating your marketing strategy you should start by identifying who your core target audience is. The more niche and specific you can be the better. Once you know who it is you really want to engage you can understand what channels you can use to reach them and most importantly how you can influence them.
Now, traditional marketers will tell you to focus on demographics. This is rubbish. The key is to market to a mindset not a demographic. Neuroscience proves that as humans we make decisions based on emotion. Even the most rational of us will only use rationale to justify our emotionally-based decisions.
Therefore, don’t get distracted by what age someone is and what postcode they live in. Instead, identify what they care about and then workout how you can position your brand or product in a way that people will care about.
Understanding your customers’ passions and interests is key. For example, two fake tan brands can do equally effective marketing but with completely different positioning. If one brand is marketing to an image-conscious audience then the messaging should be focused about how you’ll turn heads on the beach.
Whereas, if the second brand is focusing on a more wholesome audience the messaging could be around vegan ingredients and the ethical supply chain. Ultimately, they are the same product and have the same effect, but they are marketing to two very different audiences and therefore require very specific positioning.
One of the most common sectors we see businesses trip themselves up in are B2B and professional services. Brands often fall into the trap of describing what they do and not focusing on the benefits. Even in the B2B environment people buy on emotion. They key avoiding this pitfall is to place yourself in your customers shoes and think – what’s in it for me?
By doing this you will start to understand what issues really matter to people. For example, it could be: will this get me promoted? Will this help save my company money? or Will this make things more efficient and therefore make my team happier?
A lot of businesses we meet are selling to procurement departments yet have messaging about savings their product will enable over the next 5-10 years. Now, put yourself in the shoes of the procurement officer. They’re likely to be judged, and their bonus based, on what they save this year. The likelihood is that they probably won’t even be at the company in three years’ time. So, are they going to care about a product that seemingly has no bearing on their KPIs? Probably not!
This inability to understand how to position a product in a way that resonates with the key audience had catastrophic consequences in the Second World War. In 1930 American radio scientist Leo Young discovered that when you transmitted radio signals upwards, if they hit passing planes, the signal that bounced back was double the strength. Young pitched the idea for radar to the US military asking for a grant to develop his research and prototype, but was initially denied.
The reason for the rebuttal was because the US military couldn’t see an immediate return. When making his proposal Young had failed to position radar in a way that fitted with the US military’s ‘what’s in it for me’ and immediate objectives.
By the time the US military did awaken to the possibilities of radar it was fatefully too late for the soldiers, sailors and inhabitants of Pearl Harbour. With radar still in testing, on December 7th 1941, 353 Japanese bombers launched the infamous raid that saw 2,403 servicemen lose their lives.
While the stakes won’t be so high if you get your positioning wrong, you can be sure that your target customers won’t see the immediate benefits and will likely chose a competitor with better messaging. Getting your messaging and positioning right can be the difference between success and failure for your brand.
Key Take Outs and Tips:
To find out more about how to position your brand download or e-book, How to Engage customers and Drive Sales here.
Jonathon Bates
Head of Strategy, Thomond
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There’s one thing in marketing that is more valuable than anything else, even more valuable than any new programmatic tool or piece of AI tech. So, what is this golden bullet? Quite simply it’s ‘good’ positioning and messaging.
So, what do we mean by ‘good’ positioning and messaging? Well, the key to marketing is to tell people what they want to hear.
When creating your marketing strategy you should start by identifying who your core target audience is. The more niche and specific you can be the better. Once you know who it is you really want to engage you can understand what channels you can use to reach them and most importantly how you can influence them.
Now, traditional marketers will tell you to focus on demographics. This is rubbish. The key is to market to a mindset not a demographic. Neuroscience proves that as humans we make decisions based on emotion. Even the most rational of us will only use rationale to justify our emotionally-based decisions.
Therefore, don’t get distracted by what age someone is and what postcode they live in. Instead, identify what they care about and then workout how you can position your brand or product in a way that people will care about.
Understanding your customers’ passions and interests is key. For example, two fake tan brands can do equally effective marketing but with completely different positioning. If one brand is marketing to an image-conscious audience then the messaging should be focused about how you’ll turn heads on the beach.
Whereas, if the second brand is focusing on a more wholesome audience the messaging could be around vegan ingredients and the ethical supply chain. Ultimately, they are the same product and have the same effect, but they are marketing to two very different audiences and therefore require very specific positioning.
One of the most common sectors we see businesses trip themselves up in are B2B and professional services. Brands often fall into the trap of describing what they do and not focusing on the benefits. Even in the B2B environment people buy on emotion. They key avoiding this pitfall is to place yourself in your customers shoes and think – what’s in it for me?
By doing this you will start to understand what issues really matter to people. For example, it could be: will this get me promoted? Will this help save my company money? or Will this make things more efficient and therefore make my team happier?
A lot of businesses we meet are selling to procurement departments yet have messaging about savings their product will enable over the next 5-10 years. Now, put yourself in the shoes of the procurement officer. They’re likely to be judged, and their bonus based, on what they save this year. The likelihood is that they probably won’t even be at the company in three years’ time. So, are they going to care about a product that seemingly has no bearing on their KPIs? Probably not!
This inability to understand how to position a product in a way that resonates with the key audience had catastrophic consequences in the Second World War. In 1930 American radio scientist Leo Young discovered that when you transmitted radio signals upwards, if they hit passing planes, the signal that bounced back was double the strength. Young pitched the idea for radar to the US military asking for a grant to develop his research and prototype, but was initially denied.
The reason for the rebuttal was because the US military couldn’t see an immediate return. When making his proposal Young had failed to position radar in a way that fitted with the US military’s ‘what’s in it for me’ and immediate objectives.
By the time the US military did awaken to the possibilities of radar it was fatefully too late for the soldiers, sailors and inhabitants of Pearl Harbour. With radar still in testing, on December 7th 1941, 353 Japanese bombers launched the infamous raid that saw 2,403 servicemen lose their lives.
While the stakes won’t be so high if you get your positioning wrong, you can be sure that your target customers won’t see the immediate benefits and will likely chose a competitor with better messaging. Getting your messaging and positioning right can be the difference between success and failure for your brand.
Key Take Outs and Tips:
To find out more about how to position your brand download or e-book, How to Engage customers and Drive Sales here.
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