A customer profile is a list of factors that describe the ideal customer. They can be at the company level (e.g.: size, industry) or the individual level (e.g.: age, seniority).
In B2B sales, a target customer profile is needed to reach and connect with the ideal decision-makers. The process of defining a profile can lead to mistakes. So, in this post, I will discuss why it matters to have a customer profile and its factors. And, how to apply that information to your campaigns.
Before I start breaking down each topic, here is the list of them for reference:
Why it matters to have a customer profile
Ideal customer profile factors
at the company level
at the decision-maker level
How to use customer profiles for personalisation
There are several reasons why it is important to have a customer profile. Here are three worth mentioning:
When you target a subset of individuals, you can tailor your messages to connect better with them. You can adapt the problems addressed, information shared and objections pre-handled. That level of personalisation increases your overall rates. Especially your reply rates and demo to close ratios.
The customer profile includes factors such as industry, sub-industry and country, which form a smaller market to target. A company is then able to target that segment, dominate it and gain market share. That process can be repeated over and over with other sub-segments to take over a big industry.
After the customer profile is set, a company will run experiments to find out if there is a product-market fit. By focusing on a smaller segment, you can get information quickly to reroute the marketing and sales efforts if necessary. Also, if the product-market fit is not ideal, then the company is able to tweak the product.
I have addressed a few reasons for establishing a customer profile. In the next section, I will explain the ideal customer profile factors.
Here are the different factors of a target customer profile and their description. Not all of them will be relevant to a company. So, choose the ones that matter to you and feel free to add more.
There are two levels of factors in B2B, the company and decision-maker level:
Company level
At the company level, the factors dictate the characteristics of the ideal customer company. Here are a few of them:
The decision-maker level’s factors define the ideal profile of the target people in a company. Here are a few of them:
Base your ideal customer profile factors’ on your highest revenue-generating customers. If you decided to go after new markets, then you will need to explore them first and then set the ideal customer profile.
An example of a customer profile
Here is an example of an ideal target customer profile at the company and decision-maker level:
You ideal customer at the company level is a business with 11 to 50 employees, its headquarters are in the UK, and their industry is software solutions for SaaS B2B businesses.
At the decision-maker level, you want people in the business development or sales department, that are high seniority, and are males 40 or older that have been at least three years in their current position.
Once you have established your ideal target customer profile, you have in your hands powerful information. That allows you to personalise your market approach at the message and strategy level.
In this post, I discussed why you should define a target customer profile and its factors. Also, how that information allows you to personalise your market approach. Hopefully, you will be able to implement these concepts to find more suitable targets in the future. Here are the main takeaways of this post:
Why it matters to have a customer profile
Ideal customer profile factors
How to use customer profiles for personalisation