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Define and Reach Your Target Market - Melissa Forziat Events and Marketing

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Page 1: Define and Reach Your Target Market - Melissa Forziat Events and Marketing
Page 2: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

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Page 3: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

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Page 4: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

For ____________________________________ (state the target market)who want or need ___________________ (state what they lack)my company provides _______________ (state what you give them)that benefits them by ________________ (state the primary benefit)so they can ____________________________ (state the positive outcome)

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Page 5: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

For nonprofit development officers

who want or need an impressive, eco-friendly event look within a limited budget

my company provides eco-friendly, professional, affordable styling options

that benefits them by showcasing a professional, eco-friendly fundraiser to impress donors

so they can create a high-quality perception to get more donations within budget.

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Page 6: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

1) Be specific. Be precise. 2) Multiple target markets? Multiple brand statements. 3) Tailor the outcome to show exactly how you help.4) The brand statement is your core messaging.

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Page 8: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

1. Online: SBA Office of Entrepreneurship Educationhttps://www.sba.gov/offices/headquarters/oee/resources/2836

2. Michigan SBDC http://sbdcmichigan.org/our-services/

2. Michigan Public Librarieshttp://www.publiclibraries.com/michigan.htm

4. Surveys: Online (such as SurveyMonkey) or in person

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Page 10: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

Question #1: B2B or B2C?

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Page 11: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

Build Your Demographic – B2BIndustryMissionCompany SizeRoleTheir Target MarketCompany CultureOther Key Attributes

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Page 12: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

Build Your Demographic – B2CGenderAgeRelationshipsCultureReligionLanguageOther Key Attributes

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Page 13: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

Comfort /

Pleasure

Cause

Affiliation*

Profit /

Gain

Preventing

Loss

BelongingAvoidance

of Pain

Pride /

Prestige

What is your target market’s pain point?

• B2B – Motivated by economic factors: some combination of Profit / Gain, Preventing Loss, and Cause Affiliation

• B2C – Could be motivated by any combination

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Page 14: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

The Problem You Solve: _________________________________________ Buyer Motivation: _________________________________________ Emotional Appeal? Yes / NoWhich Emotion?: _________________________________________

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Page 15: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

The Problem You Solve: Creating a customized, eco-friendly weddingBuyer Motivation: Pride/Prestige, Comfort/PleasureEmotional Appeal? YesWhich Emotion?: Pride, Happiness

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SERIF

Formal

Traditional

Respectable

Reliable

Authoritative

Good for print –

body of content

SANS SERIF

UniversalSimpleStableClean

Good for web –body of content

Script

FeminineFancyElegantCreative

Good for invitations

DISPLAY / DECORATIVE

EXPRESSIVEAMUSINGUNIQUEBOLDMEMORABLE

Good for headlines

MODERN

COOL

DISTINCT

PROGRESSIVE

STYLISH

Good for

niche markets

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Page 20: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

Order, logic, security

Energy, power, masculinity

Connection, community, femininity

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Page 23: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

GeographyInternationalNationalRegional/ProvincialCity/CountyNeighborhood

Spending Their TimeOffice, SchoolHomeSocial mediaCurrent EventsMagazines, NewsStoresExclusive Clubs / Groups

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Page 24: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

NewslettersMailSocial MediaBulletin BoardsGroupsAdvertisements, BrochuresMember Discounts

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Page 26: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

1. Be where the people are. Often.

2. Listen

3. Create Goodwill

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Page 27: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

It takes at least 7 touches to……convert a “lead” into a sale. …build trust!

Byproducts:Recency IllusionReferrals

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Page 28: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

1. Businesses from other industries with a similar target market.2. Local businesses with similar traffic.3. Businesses in the same industry with which a mutual

agreement can be made for outsourcing or overflow business.

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Page 31: Define and Reach Your Target Market - Melissa Forziat Events and Marketing

Tuesday, March 21: Building Your Online Marketing Strategy

And check out the replays of:How to Develop Your Brand

Smart Principles of Marketing Messaging

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