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  • (light music)

  • - Recently, I was sitting in traffic along a busy section

  • of road near my home and noticed one of those signs spinners

  • standing out at the upcoming intersection,

  • attempting to lure customers to the local mattress store

  • in the adjacent strip mall.

  • When we think of the various sales and marketing approaches

  • we are exposed to every day,

  • seeing an approach like this reminded me

  • of just how important knowing your ideal customer is.

  • This is certainly the shotgun approach,

  • blasting a message to the masses in hopes

  • that one person out of 1,000 thinks, "Hey, you know what,

  • I wasn't really interested in a mattress,

  • but suddenly I am."

  • It's not a very effective approach,

  • yet companies and salespeople do it every day.

  • Instead of thinking about

  • how many possible people could buy your product

  • if all the stars aligned appropriately,

  • I want you to start thinking about who in the marketplace

  • is your product or service most likely to help quickly

  • and effectively solve a problem,

  • and then work backwards from there.

  • So what is an ideal customer, anyway?

  • An ideal customer could be described as:

  • A customer who values your product or service.

  • A customer whom you can make a profit from.

  • Sorry folks, but this is a business, ya got to make money,

  • or you won't be in business very long.

  • A customer who'd be willing to refer you

  • to other potential customers.

  • Start with the smallest market possible.

  • If you identify a very focused group of potential customers

  • that have the highest likely degree of success

  • with your product or service,

  • you will gain credibility faster

  • and be able to expand your customer base.

  • Think of your ideal customer through the ready, willing,

  • and able framework.

  • Let's take a look at them one at a time.

  • First, are they ready?

  • Issue: Do they have a problem that they need solved?

  • Awareness: Do they know they have a problem?

  • Motivation: Do they have a sense of urgency

  • to solve their problem?

  • Next up, are they willing? And this starts with timing.

  • Are they ready to solve the problem today?

  • Are they searching?

  • Are they currently looking for solutions

  • to solve their problem?

  • And finally, are they able?

  • The first category here is money.

  • Do they have the budget to solve the problem?

  • Next is authority.

  • Do they have permission or approval

  • or the decision-making authority

  • to actually solve the problem?

  • Now, how do we find these customers

  • that are ready, willing, and able?

  • Start by creating ideal customer personas or profiles.

  • Customer personas include the following information:

  • What's the ideal industry

  • your best potential customer is in?

  • The ideal title or experience that they have.

  • What's the ideal buying cycle for your product?

  • Meaning is the customer ready, willing,

  • and able to purchase your product when you need them to?

  • And then the ideal location, meaning your product

  • or solution is geographically aligned

  • to where your best customer is also located.

  • One of the easiest ways to get started

  • with customer personas is to build them

  • around your best current customers.

  • If you've got a handful of great customers today

  • who love and appreciate you and your product,

  • then you're going to want to clone 'em.

  • If you don't have this type of information

  • readily available, talk to the person responsible

  • for marketing at your company.

  • They should be able to provide you these types of profiles.

  • If you're a small business and you are both the sales

  • and marketing departments, you basically have two choices.

  • First, you can do the research yourself

  • with the help of Google, LinkedIn, and others.

  • Or you can hire a market research company

  • to help you build these target profiles based on your input

  • and their expertise.

  • Remember, the key is to find the narrowest group

  • of customers with whom you can develop a quick

  • and effective partnership by helping them solve

  • their urgent problem.

  • And you can expand from there.

  • (upbeat music)

(light music)

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