buyer personas to improve conversion rates

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Page 1: Buyer Personas to Improve Conversion Rates
Page 2: Buyer Personas to Improve Conversion Rates

Use Buyer Personas or Lose sales

Who am I?

https://www.linkedin.com/in/depeshmandalia

Page 3: Buyer Personas to Improve Conversion Rates

What is a Buyer Persona?

Use Buyer Personas or Lose sales

Buyer Persona

Who buyers are?

What are their goals?

How they think and, buy?Why they make such buying decisions?

Where do they buy?

When do they decide to buy?

Page 4: Buyer Personas to Improve Conversion Rates

Buyer Personas

● They are based on grouped attributes○ Demographics○ Needs, preferences and motivations○ Other areas related to your business

● They are not segments

● They are models / representations / views

Use Buyer Personas or Lose sales

Page 5: Buyer Personas to Improve Conversion Rates

This is not a persona

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Our target customer

Page 6: Buyer Personas to Improve Conversion Rates

This is also not a persona

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Page 7: Buyer Personas to Improve Conversion Rates

This is a persona

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Page 8: Buyer Personas to Improve Conversion Rates

Segments and Personas work together to improve your marketing

“Segments help you identify your target consumer”

“Personas help you communicate better with them”

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Page 9: Buyer Personas to Improve Conversion Rates

Why do you need “Personas”?

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Page 10: Buyer Personas to Improve Conversion Rates

Spray and pray - it ain’t pretty

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Page 11: Buyer Personas to Improve Conversion Rates

Targeted customers

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Page 12: Buyer Personas to Improve Conversion Rates

Collecting data for Personas

1. You

2. Your customers

3. Non-customers

4. National statistics data

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Page 13: Buyer Personas to Improve Conversion Rates

Real-life application

How a UK hotel company

Increased conversion 100%

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Page 14: Buyer Personas to Improve Conversion Rates

What we did

● Online survey + national statistics to create Buyer Personas

● Matched intent vs action for tracking

● Enhanced the user journey with AB testing to meet the needs of each persona

● Resulted in a doubling of the online conversion rate

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Page 15: Buyer Personas to Improve Conversion Rates

Conducted a website survey

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BEGINNER +

TECHNIQUE

Page 16: Buyer Personas to Improve Conversion Rates

Started with a simple question

‘What is the reason for your visit today?’

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Page 17: Buyer Personas to Improve Conversion Rates

What is the reason for your visit today?

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Page 18: Buyer Personas to Improve Conversion Rates

Conducting the intent survey

The second question:

‘Are you likely to book a break online today?’

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Page 19: Buyer Personas to Improve Conversion Rates

Understood visitor interactions against our KPIs

15/11/2011

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Page 20: Buyer Personas to Improve Conversion Rates

Conducting the intent survey

The final question was open ended:

‘Is there anything you couldn’t find or needed more information on?’

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Page 21: Buyer Personas to Improve Conversion Rates

Conducting the intent survey

Whilst we asked 3 questions we also collected some additional information

We asked for their gender, DOB and postcode...

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Page 22: Buyer Personas to Improve Conversion Rates

Got data. Now what?

Needed to make sense of the data in context of user journeys

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Page 23: Buyer Personas to Improve Conversion Rates

Buyer personas

3 Buyer Personas were enough to help understand intent and action.

15/11/2011

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Product & Content Consumers

Price & Offer Prospects

Online Bookers

INTERMEDIATE

TECHNIQUE

Page 24: Buyer Personas to Improve Conversion Rates

Enhanced using external data

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ADVANCED

TECHNIQUE

via: http://www.ons.gov.uk/ons/guide-method/census/index.html

Page 25: Buyer Personas to Improve Conversion Rates

Example profiles via CACI/Acorn

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Page 26: Buyer Personas to Improve Conversion Rates

Reshaping Personas via Segments

15/11/2011

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Less affluent older customers

Low affluence younger customers

Affluent older customers

Young affluent customers

Blues Greens

RedsYellows

Life-stage

Aff

lue

nc

e

Page 27: Buyer Personas to Improve Conversion Rates

Segmentation

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Our target customer

Page 28: Buyer Personas to Improve Conversion Rates

Evaluating our online strategy

○ Focus on Greens and Blues

○ Product pivot for Yellows and Reds

○ Build the online experience to match expectations

○ The ‘female’ Green was our primary target and drove growth marketing decisions

15/11/2011

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Blues

Greens

RedsYellows

Page 29: Buyer Personas to Improve Conversion Rates

Product & Content Consumers

Discovery○ Who are [brand]?○ Is [brand] hotels right for me?○ What type of people go?○ Why should I book with you?

Research○ What’s on offer?○ Where can I go?○ When can I go?○ What can I do?

○ Roughly how much?○ Can I compare hotels/resorts?

15/11/2011

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Blues

Greens

Reds

Yellows

Page 30: Buyer Personas to Improve Conversion Rates

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Page 31: Buyer Personas to Improve Conversion Rates

Matching funnel KPIs to Personas

15/11/2011

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Page 32: Buyer Personas to Improve Conversion Rates

Phew!

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Page 33: Buyer Personas to Improve Conversion Rates

Example of applied Buyer Personas

15/11/2011

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CONTROL CHALLENGER

Page 34: Buyer Personas to Improve Conversion Rates

Example of applied Buyer Personas

15/11/2011

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CONTROL CHALLENGER

Product & Content Consumers

Price & Offer Prospects

Online Bookers

Page 35: Buyer Personas to Improve Conversion Rates

Example of applied Buyer Personas

15/11/2011

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CONTROL CHALLENGER

Product & Content Consumers

Price & Offer Prospects

Online Bookers

Bookings up 7%

Page 36: Buyer Personas to Improve Conversion Rates

How we doubled sales

Reviewed the user journey reflecting the needs of each persona

Over a period of 6 months improved

conversion through each step of the

journey by communicating better with

our Buyer Personas

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Page 37: Buyer Personas to Improve Conversion Rates

Customer experience framework

15/11/2011

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Conversion

Toolkit

Reporting & Insight

Customer Experience

Test & Learn

Develop & Improve

Split testing

Session Capture

Online Survey

Landing Pages

Campaigns

Merchandising

BI/CRM“Call Tracker”

Creative

MVT

Focus groups Lab tests

Functionality development

Site structure, IA

Behavioural targeting

Designs

Product

AnalyticsPersonas

Promotions

Page 38: Buyer Personas to Improve Conversion Rates

5 Key takeaways

1. Use website surveys, now2. Create personas using whatever resource you can

Try https://xtensio.com/user-persona

Think like your customer

Solve their problems and improve their experience

3. Map your communications to personas

Landing page experience

Visual and written communications

Tools & features

4. Measure, test and learn5. Evolve and grow!

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Page 39: Buyer Personas to Improve Conversion Rates

END.

15/11/2011

Use Buyer Personas or Lose sales

by Depesh Mandalia

Growth Marketer, Consultant and Advisor

@depesh

in/depeshmandalia

Created on behalf of WebEngage, a Multi-channel User Engagement Platform for businesses of all sizes. Experts in customer engagement.