SlideShare una empresa de Scribd logo
1 de 61
Lesson Objective(s) ,[object Object]
Demonstrate the key differences between market segmentation    and strategic segmentation
Debunk the myth of persona development and market segmentation
Demonstrate how to organize information to develop personas.
Highlight the key components of a Persona Report.,[object Object]
3V
3V
Value Customer Who to serve? 3V
Value Customer 3V Value Proposition What to offer?
Value Customer 3V Value Proposition Value Network How to deliver?
Value Customer 3V Value Proposition Value Network
Markets Which segments & geographies? Value Customer Industries Which product service categories? 3V Value Proposition Value Network
Markets + Industries = Persona Development
Markets + Industries = Marketing Segmentation
Persona Development is a form of Marketing Segmentation…
Persona Development is a form of Marketing Segmentation… …that sticks.
Persona Development
Identifier Variables Persona Development Response Variables
Consumer  Market Identifier Variables Business  Market Persona Development Response Variables
Demographic Consumer  Market Psychographic Identifier Variables Geographic Business  Market Market Size Persona Development Response Variables
Demographic Consumer  Market Psychographic Identifier Variables Geographic Business  Market Market Size Persona Development Response Variables Behavioral
Demographic Consumer  Market Psychographic Identifier Variables Geographic Business  Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
These are the inputs you MUST gather in your research phase. Demographic Consumer  Market Psychographic Identifier Variables Geographic Business  Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
Specifically… Demographic Consumer  Market Psychographic Identifier Variables Geographic Business  Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
We gather information from three sources: Demographic Consumer  Market Psychographic Identifier Variables Geographic Business  Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
Three Sources of Information Internal Interviews (conducted with the company team) External Interviews (conducted with current and prospective customers) External Research (databases, market research sources)
After we gather our data, we organize it in a “Fact Pack”.
A “Fact Pack” looks like this.
Next we add up the inputs in the three categories.
To illustrate, let’s see an example created by Intern Chris for one of his class projects.  He created a site called mountainbikingsandiego.com and developed a persona for it.   So meet Bill!
For those of you developing or redeveloping websites, the inputs from the Persona Reports can be used for Conversion Design.  For instance…
…developing your Information Architecture…
…and the Plausible User Case Scenarios.

Más contenido relacionado

Destacado

Market segmentation presentation
Market segmentation presentationMarket segmentation presentation
Market segmentation presentation
Amol Salve
 
Consumer behavior models
Consumer behavior modelsConsumer behavior models
Consumer behavior models
Yohitha Desai
 

Destacado (8)

Psychographic Marketing | What You Show Know
Psychographic Marketing | What You Show KnowPsychographic Marketing | What You Show Know
Psychographic Marketing | What You Show Know
 
Psychographic
Psychographic Psychographic
Psychographic
 
Psychographics
PsychographicsPsychographics
Psychographics
 
Segmenting Consumer Market
Segmenting Consumer MarketSegmenting Consumer Market
Segmenting Consumer Market
 
9/19/2011 Self-Concept in Consumer Behavior
9/19/2011 Self-Concept in Consumer Behavior9/19/2011 Self-Concept in Consumer Behavior
9/19/2011 Self-Concept in Consumer Behavior
 
Market segmentation presentation
Market segmentation presentationMarket segmentation presentation
Market segmentation presentation
 
Market Segmentation, Targeting and Positioning
Market Segmentation, Targeting and PositioningMarket Segmentation, Targeting and Positioning
Market Segmentation, Targeting and Positioning
 
Consumer behavior models
Consumer behavior modelsConsumer behavior models
Consumer behavior models
 

Similar a Who Is Your Business' MVP A DIY Guide to the Most Valuable Personas

Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016
Ben Shute
 
Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016
Ben Shute
 
Raising ogx smarter using bi
Raising ogx smarter using biRaising ogx smarter using bi
Raising ogx smarter using bi
Ramita Vig
 
Smarter OGX using BI
Smarter OGX using BISmarter OGX using BI
Smarter OGX using BI
Ramita Vig
 
Infographics assignment
Infographics assignmentInfographics assignment
Infographics assignment
Karen Freberg
 
Content Marketing Solution Study
Content Marketing Solution StudyContent Marketing Solution Study
Content Marketing Solution Study
Demand Metric
 

Similar a Who Is Your Business' MVP A DIY Guide to the Most Valuable Personas (20)

Persona Development - Lesson 2 ( Developing Personas)
Persona  Development - Lesson 2 ( Developing  Personas)Persona  Development - Lesson 2 ( Developing  Personas)
Persona Development - Lesson 2 ( Developing Personas)
 
Persona Development - Lesson 1 (Methodology)
Persona Development - Lesson 1 (Methodology)Persona Development - Lesson 1 (Methodology)
Persona Development - Lesson 1 (Methodology)
 
Digital Marketing Strategic Planning Workshop
Digital Marketing Strategic Planning WorkshopDigital Marketing Strategic Planning Workshop
Digital Marketing Strategic Planning Workshop
 
Building Up Local Models of Customers
Building Up Local Models of CustomersBuilding Up Local Models of Customers
Building Up Local Models of Customers
 
Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016
 
Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016Purchasing Index (PI) Brochure Spread-2016
Purchasing Index (PI) Brochure Spread-2016
 
Startup Sales Stack Report 2017
Startup Sales Stack Report 2017Startup Sales Stack Report 2017
Startup Sales Stack Report 2017
 
Digital marketing 1
Digital marketing 1Digital marketing 1
Digital marketing 1
 
Raising ogx smarter using bi
Raising ogx smarter using biRaising ogx smarter using bi
Raising ogx smarter using bi
 
Smarter OGX using BI
Smarter OGX using BISmarter OGX using BI
Smarter OGX using BI
 
Slideshare
SlideshareSlideshare
Slideshare
 
Analytics in Functional Areas
Analytics in Functional AreasAnalytics in Functional Areas
Analytics in Functional Areas
 
ASSIGNMENT PROJECT FRONT SHEET CIM Membership Number Module Title
ASSIGNMENT PROJECT FRONT SHEET CIM Membership Number  Module TitleASSIGNMENT PROJECT FRONT SHEET CIM Membership Number  Module Title
ASSIGNMENT PROJECT FRONT SHEET CIM Membership Number Module Title
 
Infographics assignment
Infographics assignmentInfographics assignment
Infographics assignment
 
How to Turn Engaged Buyers into New Opportunities using Kwanzoo's Sales Insig...
How to Turn Engaged Buyers into New Opportunities using Kwanzoo's Sales Insig...How to Turn Engaged Buyers into New Opportunities using Kwanzoo's Sales Insig...
How to Turn Engaged Buyers into New Opportunities using Kwanzoo's Sales Insig...
 
Content Marketing Solution Study
Content Marketing Solution StudyContent Marketing Solution Study
Content Marketing Solution Study
 
Impact of Teaching Customer Personas (1).pdf
Impact of Teaching Customer Personas (1).pdfImpact of Teaching Customer Personas (1).pdf
Impact of Teaching Customer Personas (1).pdf
 
Michigan Marketing Minds - September 9, 2014 - Expressing Thought Leadership:...
Michigan Marketing Minds - September 9, 2014 - Expressing Thought Leadership:...Michigan Marketing Minds - September 9, 2014 - Expressing Thought Leadership:...
Michigan Marketing Minds - September 9, 2014 - Expressing Thought Leadership:...
 
B2B MARKETING A STORY ABOUT PEOPLE AND ACCOUNTS
B2B MARKETING A STORY ABOUT PEOPLE AND ACCOUNTSB2B MARKETING A STORY ABOUT PEOPLE AND ACCOUNTS
B2B MARKETING A STORY ABOUT PEOPLE AND ACCOUNTS
 
Shrinking big data for real time marketing strategy - A statistical Report
Shrinking big data for real time marketing strategy - A statistical ReportShrinking big data for real time marketing strategy - A statistical Report
Shrinking big data for real time marketing strategy - A statistical Report
 

Más de eBoost Consulting

Scale Your Digital Marketing with Display Advertising
Scale Your Digital Marketing with Display AdvertisingScale Your Digital Marketing with Display Advertising
Scale Your Digital Marketing with Display Advertising
eBoost Consulting
 

Más de eBoost Consulting (7)

Seo toolkit (v1.1)
Seo toolkit (v1.1)Seo toolkit (v1.1)
Seo toolkit (v1.1)
 
The Ins, Outs, and Nuances of Internet Privacy
The Ins, Outs, and Nuances of Internet PrivacyThe Ins, Outs, and Nuances of Internet Privacy
The Ins, Outs, and Nuances of Internet Privacy
 
Beyond Search: Can't Miss Marketing Opportunities w/ Google
Beyond Search: Can't Miss Marketing Opportunities w/ GoogleBeyond Search: Can't Miss Marketing Opportunities w/ Google
Beyond Search: Can't Miss Marketing Opportunities w/ Google
 
Scale Your Digital Marketing with Display Advertising
Scale Your Digital Marketing with Display AdvertisingScale Your Digital Marketing with Display Advertising
Scale Your Digital Marketing with Display Advertising
 
Building an SEO Foundation - A Corporate Marketer's Checklist
Building an SEO Foundation - A Corporate Marketer's ChecklistBuilding an SEO Foundation - A Corporate Marketer's Checklist
Building an SEO Foundation - A Corporate Marketer's Checklist
 
Linkbuilding Presentation
Linkbuilding PresentationLinkbuilding Presentation
Linkbuilding Presentation
 
Essentials of Successful B2B B2G Online Marketing
Essentials of Successful B2B B2G Online MarketingEssentials of Successful B2B B2G Online Marketing
Essentials of Successful B2B B2G Online Marketing
 

Último

Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
vineshkumarsajnani12
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
Nauman Safdar
 

Último (20)

Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
 
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur DubaiUAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 

Who Is Your Business' MVP A DIY Guide to the Most Valuable Personas

  • 1.
  • 2.
  • 3.
  • 4. Demonstrate the key differences between market segmentation and strategic segmentation
  • 5. Debunk the myth of persona development and market segmentation
  • 6. Demonstrate how to organize information to develop personas.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17. 3V
  • 18. 3V
  • 19. Value Customer Who to serve? 3V
  • 20. Value Customer 3V Value Proposition What to offer?
  • 21. Value Customer 3V Value Proposition Value Network How to deliver?
  • 22. Value Customer 3V Value Proposition Value Network
  • 23. Markets Which segments & geographies? Value Customer Industries Which product service categories? 3V Value Proposition Value Network
  • 24. Markets + Industries = Persona Development
  • 25. Markets + Industries = Marketing Segmentation
  • 26. Persona Development is a form of Marketing Segmentation…
  • 27. Persona Development is a form of Marketing Segmentation… …that sticks.
  • 29. Identifier Variables Persona Development Response Variables
  • 30. Consumer Market Identifier Variables Business Market Persona Development Response Variables
  • 31. Demographic Consumer Market Psychographic Identifier Variables Geographic Business Market Market Size Persona Development Response Variables
  • 32. Demographic Consumer Market Psychographic Identifier Variables Geographic Business Market Market Size Persona Development Response Variables Behavioral
  • 33. Demographic Consumer Market Psychographic Identifier Variables Geographic Business Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
  • 34. These are the inputs you MUST gather in your research phase. Demographic Consumer Market Psychographic Identifier Variables Geographic Business Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
  • 35. Specifically… Demographic Consumer Market Psychographic Identifier Variables Geographic Business Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
  • 36. We gather information from three sources: Demographic Consumer Market Psychographic Identifier Variables Geographic Business Market Market Size Persona Development Benefits Desired Application or Usage Situation Response Variables Behavioral Sensitivity to Marketing Mix Purchasing Behavior
  • 37. Three Sources of Information Internal Interviews (conducted with the company team) External Interviews (conducted with current and prospective customers) External Research (databases, market research sources)
  • 38. After we gather our data, we organize it in a “Fact Pack”.
  • 39. A “Fact Pack” looks like this.
  • 40. Next we add up the inputs in the three categories.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47.
  • 48.
  • 49.
  • 50.
  • 51. To illustrate, let’s see an example created by Intern Chris for one of his class projects. He created a site called mountainbikingsandiego.com and developed a persona for it. So meet Bill!
  • 52.
  • 53.
  • 54.
  • 55.
  • 56.
  • 57.
  • 58.
  • 59. For those of you developing or redeveloping websites, the inputs from the Persona Reports can be used for Conversion Design. For instance…
  • 61. …and the Plausible User Case Scenarios.
  • 62. …but we’ll talk about that in the Conversion Design lecture series.
  • 63.
  • 64. Follow the 70/30 rule to information organization.
  • 66. Determine what customers matter to your business (and which ones don’t).
  • 67. Transfer insights into your 2011 Operations Plan.
  • 68. Every section of the Persona Report counts! It reflects demographic, geographic, psychographic and behavioral traits.
  • 69. or visit us on Twitter @eboostconsults