Issue #205: Mapping the Buyer's Journey

Finding money in the journey

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Mapping the Buyer's Journey 🗺️💵 

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The process of buying isn't usually impulsive or abrupt. It's a journey – a sequence of stages a potential customer navigates through, from the moment they identify a need to the point they decide to make a purchase. By comprehending this journey, sales professionals can ensure they're delivering the right message at the right time, effectively nudging the prospect closer to a positive buying decision.

1. Awareness Stage:

This is the initial phase where the potential buyer realizes they have a challenge or a need. However, they might not be entirely clear about the nature of the problem or the possible solutions.

Key Characteristics:

  • General problem recognition

  • Initial research to understand the issue

  • Looking for educational content rather than promotional material

How Salespeople Can Assist:

  • Offer informative content like blogs, e-books, or webinars.

  • Engage in discussions on platforms like Quora or industry forums to introduce your brand subtly.

  • Use targeted ads to promote educational material and capture early-stage leads.

2. Consideration Stage:

Now, the buyer has a clearer understanding of their problem and is actively looking for solutions. They are comparing different offerings, assessing potential fits, and maybe even shortlisting potential vendors or products.

Key Characteristics:

  • In-depth research into potential solutions

  • Comparing features, benefits, and prices

  • Engaging with brands through emails, webinars, or product demos

How Salespeople Can Assist:

  • Offer comparison guides or case studies showcasing how your product/service stands out.

  • Provide personalized consultations or demos to address specific needs.

  • Engage in email nurturing campaigns, providing tailored content based on their interaction with your brand.

3. Decision Stage:

The climax of the buyer's journey. The potential buyer is ready to make a decision, but they might still have reservations or are comparing final offers.

Key Characteristics:

  • Seeking testimonials, reviews, or case studies

  • Looking for the best deals, discounts, or bundles

  • Possibly engaging with customer support for last-minute queries

How Salespeople Can Assist:

  • Present compelling offers, discounts, or bonuses to sweeten the deal.

  • Showcase testimonials or case studies from satisfied customers.

  • Ensure that customer support is proactive, answering any lingering doubts or concerns promptly.

Final Thoughts:

Understanding the buyer's journey is like having a roadmap to a potential sale. By recognizing the unique needs and concerns at each stage, sales professionals can tailor their approach, ensuring they're not just pushing a product, but genuinely assisting the buyer in their quest for the best solution.

Worksheet: Mapping the Buyer's Journey

Objective:

To help you recognize where your potential customers are in their buying process and adapt your sales approach accordingly.

1. Awareness Stage:

  • List down the problems or needs your product/service addresses:

    • Problem 1: _____________________________

    • Problem 2: _____________________________

    • (Add as many as needed)

  • Identify the types of content or resources your target audience might be looking for at this stage:

    • Resource 1: _____________________________

    • Resource 2: _____________________________

    • (Add as many as needed)

  • Channels to promote your awareness stage content:

    • Channel 1: _____________________________

    • Channel 2: _____________________________

    • (Add as many as needed)

2. Consideration Stage:

  • List the features and benefits of your product/service:

    • Feature 1: __________ | Benefit: _____________

    • Feature 2: __________ | Benefit: _____________

    • (Add as many as needed)

  • Identify potential competitors and what makes your offer unique:

    • Competitor 1: ________ | Your Unique Selling Proposition: ___________

    • Competitor 2: ________ | Your Unique Selling Proposition: ___________

    • (Add as many as needed)

  • Channels or methods to engage with potential customers:

    • Method 1: _____________________________

    • Method 2: _____________________________

    • (Add as many as needed)

3. Decision Stage:

  • List down any potential reservations or objections your customer might have:

    • Reservation 1: _____________________________

    • Reservation 2: _____________________________

    • (Add as many as needed)

  • What offers, discounts, or bonuses can you provide to entice the buyer?:

    • Offer 1: _____________________________

    • Offer 2: _____________________________

    • (Add as many as needed)

  • Feedback mechanisms:

    • How will you gather feedback post-purchase?

  • Follow-up strategy:

    • How will you engage with the buyer after the sale to ensure satisfaction and potentially lead to further sales or referrals?

Reflection:

1. Which stage do you believe your sales process currently excels at and why?

  • Answer: __________________________________________________________

2. Which stage needs improvement, and what strategies can you implement?

  • Answer: __________________________________________________________

Remember, sales is not just about closing a deal; it's about guiding the buyer, ensuring they feel informed and confident in their decision. Use this worksheet to refine your approach for each stage of the journey.