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Build Winning B2B Sales Teams: Audience Personas for Procurement Decisions

Learn how to create a winning B2B tech brand that drives better sales conversations. Free and ungated audience persona template included.
May 3, 2024
|
5 min read

TL;DR

Buyer personas that focus solely on demographics miss the mark when connecting with B2B procurement teams. Personas focused on the “buying audience” provide added insight into understanding their motivations, pain points, and how and when they buy B2B tech. This article outlines how you can create “audience personas” that give your sales team a better chance at connecting with the procurement team.

Key Takeaways

  • Demographics Aren’t Enough: Demographics like age and income fail to capture the complexities of B2B procurement teams, leading to missed opportunities and ineffective sales strategies.
  • Psychographics Reveal Decision Criteria: Understanding the team’s psychology and motivations allows for targeted messaging that resonates with each member, fostering smoother internal buy-in and sales cycle.
  • Boost Lead Generation & ROI: Audience personas target everyone on the decision-making team. That enables you to create messaging for the entire team and tailor content for each team member.
  • Empower Champions & Close Deals Efficiently: Audience personas also provide the insight to tailor information for internal champions. They can clearly communicate your solution’s differentiated value, reducing friction, back-and-forth, and miscommunication.

Procurement decisions are complex and lengthy, involving a team with diverse and sometimes conflicting priorities.

In my experience, the traditional B2B sales approach is flawed because it focuses on a single person who isn’t always the decision-maker. Complex B2B purchases involve a series of decisions made by various team members. To win, companies must understand the “buying committee” and adapt their approach. Many procurement teams also have a champion who connects them with the vendor.

While individual buyer personas can be useful for certain marketing programs, they often miss the mark when it comes to understanding the dynamics of the procurement team as a whole.

Buyer personas that clarify how the audience (the buying team) makes purchase decisions provide a holistic view of the team’s psychology and can help you tailor your approach for maximum impact. Don’t rely solely on demographics—that’s a mistake.

Go Beyond Demographics to Win B2B Tech Sales

Unfortunately, most buyer personas are bullshit. They focus too heavily on demographics like age, title, income, gender, etc. They’re almost always aspirational and rarely tested.

And because they are focused on one person, they don’t capture the complexities of B2B procurement teams or help them navigate internal hurdles like budget approvals and risk management. Too often they are focused on the buyer, not the buying decision.

According to Adele Revella, likely THE authority on buyer personas, most B2B companies merely have snippets of buying intent information. Rarely do they truly know who will listen, what they want, and why they prefer the competition.

If we forget to pay attention to how our customer’s make their buying decision, we’re missing a huge piece of the puzzle.

Jeff Goldenberg, Abacus

Here’s why relying on demographics alone is a losing strategy:

  • Oversimplification: Demographics paint a broad brushstroke, failing to capture the nuances within a team. A “Procurement Manager” title doesn’t reveal if they prioritize cost-savings or data security.
  • Misses the Collective Mindset: Procurement teams operate as a unit with shared goals (think cost reduction, efficiency) and concerns (like mitigating risk). They make consensus and committee decisions. Understanding these shared motivations is key to crafting relevant messages.
  • Ignores Internal Dynamics: Different team members have varying priorities. A champion who sees the value of your solution might need data to convince the folks on their team who are budget-conscious, risk-averse, etc.

Demographics do not tell the full story

That said, when you couple demographics with the qualitative and quantitative insights of psychographics (including firmographics), you have a deeper understanding of a procurement team’s inner workings. You can tailor your message and content for each member, leading to better sales conversations.

Sales and marketing teams have to substantially improve their skills in guiding buying teams. The days of sophomoric ROI justifications are over. Purchases are not made based on a salesperson’s glib assertion of a rapid payback, and most salespeople today simply receive some orders. Precious few actually navigate these complexities to win them.

Ed Marsh, IntentData

Why Audience Personas Are Essential for B2B Sales

B2B marketing campaigns often fail to generate high-quality leads because they rely on assumptions instead of real-world customer insight. Sales and marketing end up missing the mark on the specific needs of B2B procurement teams.

Without deep and insightful conversations with your best-fit customers, you can't paint a full picture of how procurement teams find and purchase your solution.

Yes, demographics are helpful and I’m not suggesting to discount them. But you also need the qualitative and quantitative insight that psychographics provide (I’m including firmographics here).

Audience personas can help:

  • Identify key decision-makers and influencers within the procurement team.
  • Target the right people with the right message to attract high-quality leads genuinely interested in your solution.
  • Tailor content and messaging for each member of the procurement team.
  • Maximize the impact of your marketing spend and deliver a better return on marketing investment.
  • Equip internal champions with the information they need to clearly explain your solution’s value proposition and address any concerns from other team members.
  • Create smoother buy-in. 

Audience personas can help bridge the gap between your B2B tech solution and the complexities of procurement decisions. Understanding the motivations, challenges, and decision-making process, goes beyond demographic data and helps clarify your sales strategy. Instead of assuming your buyer is only interested in a feature list or product demo, your audience persona spells out what they want to see, who they will listen to, and whether or not they will shortlist you.

TIP: Don’t Boil the Ocean

Build your buyer persona with the buying audience in mind first. This way, you can see if the champion’s characteristics are already covered by the broader audience. Depending on the size of your business and product portfolio, you may only need one persona. As you grow your products and reach, you can scale the number of personas accordingly.

Audience and Buyer personas

Case Study

Maximizer CRM logo

Building Confidence Through Repositioning

Maximizer CRM, a well-established SaaS and OnPrem CRM player in the SMB space, faced a decline in market share due to a lack of differentiation in an ever-increasing crowded market.

Challenge

Regain market prominence and reclaim its value proposition for SMBs, particularly Financial Advisors and Wealth Managers.

Solution

Maximizer implemented a strategic repositioning campaign called “Grow With Confidence.” This campaign focused on:

  • Messaging Targeted to Specific Audience Persona: Developing messaging that resonated with SMBs, particularly within the Financial Services sector. Only one audience persona was needed since Financial Advisors and Wealth Managers shared virtually all the same features in Maximizer.
  • Simplified Product Offerings: Streamlining product features to ensure reliability, ease of use, and effectiveness.
  • Customer Success Focus: Shifting from a software provider to a growth partner, prioritizing customer success and operational efficiency.

Results

  • Increased Brand Awareness
    • 200% increase in total MQLs (Marketing Qualified Leads).
    • 160% increase in Net New MQLs.
    • Online reviews grew by over 400%, indicating positive customer reception.
    • Achieved leader status and ranked in the Top 50 Best Software for Sales on G2Crowd.
  • Enhanced Lead Generation
    • Month-over-month lead generation grew by a steady 20%.
    • Social media engagement skyrocketed from 1% to 8%.
  • Stronger Customer Relationships
    • Video testimonials emerged for the first time, showcasing customer satisfaction.
    • Fostered a loyal community around the brand.

Impact

The “Grow With Confidence” brand campaign not only revitalized Maximizer internally but also resonated deeply with customers, particularly in the Financial Services sector.  This resulted in:

  • Sustainable Growth: Increased lead generation and social proof positioned Maximizer for long-term success.
  • Core Philosophy: “Grow With Confidence” became a guiding principle for the company.
Maximizer continues to benefit from Achim’s contributions, market research, strategy, positioning, and messaging for our financial services product. It’s still going strong.

Vivek Thomas, President


Learn more about Maximizer’s success story.

How to Create Audience Personas for Procurement Teams

1. Gather Data

  • Conduct Interviews: Talk in-depth with each team member (decision-makers, and potential champions).
  • Distribute Surveys: Get broader insights from new procurement team members on their challenges, preferred information formats, and pain points.
  • Analyze Website Traffic Data: Understand what content resonates with procurement teams and identify areas of interest.

2. Pinpoint Shared Goals & Challenges

  • Leverage Industry Reports: Use industry reports and research (Gartner, Salesforce, G2, etc) to understand common challenges faced by B2B procurement teams.
  • Map the Buyer’s Journey: Plot the buyer’s journey for procurement teams in your target market. What are the key touchpoints and concerns they have throughout the evaluation process?

3. Map the Decision-Making Hierarchy

  • Identify the Hierarchy: During your interviews with key stakeholders, pinpoint the hierarchy within the procurement team. Who has final say? Who needs to be convinced?
  • Create and validate your Audience Persona: you can download a free Audience Persona Template here.

Download Audience Persona Template

Key elements to consider when building your audience persona:

  • Company Psychographics (incl. firmographics)
    • Understand the company culture: Is it risk-averse or an early adopter?
    • Analyze their risk tolerance and innovation appetite.
  • Shared Challenges & Pain Points
    • Identify common frustrations and hurdles faced by the procurement team.
    • Examples: streamlining processes, data security concerns, cost-saving measures.
  • Decision-Making Authority
    • Determine their level of influence on the final purchase decision.
    • Rank each member’s influence. Can someone kibosh the sale?
  • Information Consumption Habits
    • Understand how they prefer to receive information. 
    • Examples: white papers, webinars, live demos, case studies.

Tips for Building Effective Audience Personas

  • Focus on Quality, Not Quantity: Create detailed personas for a few key procurement team members, not generic profiles for every role. 9/10 times one audience persona will suffice.
  • Seek Alignment Across Departments: Collaborate with your sales and customer success teams to gain insights into procurement team dynamics.
  • Continuously Refine: As you gather more data and interact with procurement teams, update your personas to reflect evolving needs and priorities.

How to Integrate Audience Personas with Content Marketing

Your audience personas hold the key to crafting content marketing that resonates with each member of the procurement team. Don’t just use them for sales—leverage them to build targeted content that solves their problems. Below are 4 ways audience personas can help guide your content marketing.

1. Create Targeted Content

  • Analyze information consumption habits and tailor content formats accordingly.
  • Example: White papers and reports for budget-conscious CPOs and webinars for champions who educate others on the team.

2. Address Specific Pain Points

  • Identify shared challenges and frustrations within the procurement team through your personas.
  • Use this knowledge to create content that directly addresses their pain points and showcases how your solution offers a valuable remedy.
  • Example: If cost-savings are a major concern, highlight the ROI potential of your solution with case studies and data-driven content.

3. Build Credibility and Trust

  • Use personas to understand the team’s level of technical expertise and risk aversion.
  • Cater content complexity to their specific needs.
  • Provide in-depth white papers, reports and product specifications for highly technical members. Offer user guides and explainer videos for less technical team members. This shows you understand their needs and builds trust.

4. Personalize Where Possible

  • While complete personalization might not be feasible for every piece of content, use persona insights to personalize elements like email subject lines. Adding their logo to pitch decks and proposals can also make a big impression.

Guide each team member through informative and relevant content that addresses their specific needs and concerns. By doing this, you position your B2B tech solution as the answer they’ve been looking for.

Final Thoughts

Building buyer personas that are focused on decision criteria is the key to connecting with B2B procurement teams. Audience personas can give you a deeper understanding of the motivations, decision-making processes, and preferred communication styles.  

Your sales and marketing teams can also facilitate better sales conversations with targeted messaging and useful content that addresses the needs of each team member.

Remember that demographics alone won’t cut it. You need the qualitative and quantitative insights that psychographics provide.

If you like this content, here are some more ways I can help:

  • Follow me on LinkedIn for bite-sized tips and freebies throughout the week.
  • Work with me. Schedule a call to see if we’re a fit. No obligation. No pressure.
  • Subscribe to this blog for ongoing insights and strategies (link below).

This article is also published on LinkedIn. Please chime in with any feedback. I would love to hear from you.

Cheers!

Execution

Stand Out in the Crowd: Building a B2B Tech Brand that Gets Noticed

Build a B2B tech brand that cuts through the noise. Learn to target ideal customers and craft a winning UVP. Content marketing tips included.
April 26, 2024
|
5 min read

TL;DR

Are you lost in the sea of B2B tech companies? This article will help you focus on who you truly serve (your best-fit customers) and craft unique messages that speak directly to their needs. You can make your solution special with a clear value proposition that’s different from everyone else, create relevant content that positions your solution as the ideal choice in your niche market, and use strategic design to visually communicate your brand’s value. By taking these steps, you’ll be well on your way to building a B2B tech brand that cuts through the noise and gets noticed.

Key Takeaways

  • Focus on Your Best-Fit Customers: Develop a deep understanding of the specific needs of the customers who love you the most. You want more of them. 
  • Craft a Differentiated UVP: Define the unique value proposition that sets you apart and resonates with your best-fit customers.
  • Create Relevant Messaging & Content: Develop clear, concise messaging and create valuable content that positions you as a thought leader.
  • Execute With Killer Creative: Create design and copywriting that strategically align your solution with the needs of your best-fit customers. This reinforces your brand message and creates a memorable experience.

You’ve built a groundbreaking B2B tech solution. It’s innovative, solves a critical problem, and has the potential to disrupt the industry. But with new products launching daily, grabbing attention is brutal. Even worse, 95% of B2B buyers aren’t ready to buy yet.

B2B buying statistics

After 20+ years in the B2B tech marketing business, I’ve learned a thing or two about what to do and what not to do. I’ve helped countless B2B tech companies like yours stand out and achieve amazing growth. Some tripled their growth within 2-4 years, while others reached a staggering 10x increase.

A few were also acquired for impressive valuations, thanks in part to clear and differentiated value. Now, I’m not suggesting that marketing alone was the sole saviour. These companies also had amazing products and engaged leaders who championed change and balanced marketing and innovation. In short, they got out of their own way. 

You can learn about three of them here: B2B Tech Success Stories.

In this article, I’ll lean on my experience to show you what it takes to create a differentiation strategy and grow your B2B tech brand. We’ll explore why you should only focus on your best-fit customers, how to craft a compelling unique value proposition (UVP), and why developing relevant messaging and content captures attention and drives results. By the end, you’ll walk away with a clear roadmap to build a B2B tech brand that cuts through the noise and propels your company forward.

Finding Your Best-Fit Customer

Understanding your ideal customer is the bedrock of every unique B2B tech brand. It’s the base on which you’ll construct your entire brand strategy. When you pinpoint who you serve, their pressing needs, and their deepest anxieties, you can craft messages that strike a chord and position you as the obvious solution.

B2B Tech Marketing For Best-Fit Customers: Why It Matters

  • Targeted Messaging: Knowing your audience lets you tailor your messages directly to their specific needs and pain points. Crafting messages that resonate with those needs becomes memorable.
  • Brand Relevance: Understanding your ideal customer ensures your brand speaks directly to their challenges and aspirations, building a connection and a sense of relevance.
  • Content Strategy: By knowing your audience’s interests, how they consume information, and how they buy technology, you can create targeted content that educates, engages, and establishes your brand as a thought leader within their specific niche.
  • Effective Marketing Spend: When you know who to target (and who not to), you can allocate your marketing budget more effectively, maximizing your return on investment (ROI).

3 Practical Research Essentials

  1. Customer Research: Interview customers in-depth to understand their pain points, buying motivations, and decision-making criteria. Use customer research tools like Olena Bomko’s Customer Research Report and Ryan Paul Gibson’s Customer Interview Guide.
  2. Market Research: Gather data on industry trends, competitor offerings, demographics, and psychographics. Use industry reports, white papers, and surveys from resources like Gartner, G2, and census records (like the US Census).
  3. Audience Personas: Based on the findings from your research, map out a detailed profile of your best-fit customer. Look for patterns and common traits. These profiles should paint a vivid picture, including their challenges, goals, buying behaviour, and preferred communication channels. You can download a free Audience Persona template, loosely based on April Dunford’s book, Obviously Awesome

Unlike buyer personas, audience personas focus on audience psychographics rather than individual demographics. If you only focus on demographics, you can end up with similar results as illustrated below.

Demographics do not tell the full story

Differentiation Is Your Friend

B2B tech is bursting with innovation. It’s exciting for creators, but how do you stand out?  ChiefMarTec’s Martech Map showcased just 150 marketing tech solutions when it launched in 2011. Today, there are over 13,000. And if you consider all B2B software, there are over 103,000 solutions on the market today.

The size of the software industry

B2B buyers are savvier than ever. Armed with data and Google, they research thoroughly and prefer a “rep-free experience” (Gartner). A good product isn’t enough and casting a wide net with copycat tactics doesn’t help either.

Avoid these two traps at all costs:

  1. The Copycat Trap: Blending In Means Disappearing
    Fueled by the desire for quick wins, startups often replicate existing solutions. This “me-too” approach only gets you up and running. It does not scale and it does not make you stand out. In a crowded marketplace, B2B buyers see similar solutions everywhere. They crave unique solutions that address their specific needs and challenges. Even inferior products with unique positioning get noticed more than superior products with copycat branding (or none at all).
  2. The FOMO Trap: No Niche Means No Impact
    Another pitfall is trying to be everything to everyone. Driven by the Fear Of Missing Out (FOMO), companies stretch their brand messaging too thin, diluting their brand and weakening their solution. Great brands stand for one thing and one thing only. They carve out a distinct position within the market and become synonymous with a specific value proposition.  Think of Apple’s focus on user experience or Amazon’s commitment to convenience. These clearly defined positions resonate deeply with their target audiences and propel them to market leadership.

The Cost of Invisibility

When you fail to differentiate, you end up losing:

  • Lost in the Crowd: When your brand blends in with the competition, you become invisible to potential customers. They can’t distinguish you and move on.
  • Price Wars and Shrinking Margins: Companies lacking differentiation compete solely on price, leading to shrinking margins and hindering investment in innovation and growth.
  • Missed Opportunities: Failing to capture the attention of your best-fit customers means missing out on valuable sales opportunities.

Embrace Differentiation and Reap the Rewards

Focus on the benefits of standing out:

  • Increased Brand Awareness: A well-differentiated brand cuts through the clutter and grabs the attention of your target audience.
  • Premium Market Positioning: By establishing a unique value proposition, you can command a premium price point and solidify your position as a market leader.
  • Loyal Customer Base: When your brand resonates deeply with a specific audience, you foster customer loyalty and advocacy.
  • Attracting Top Talent: A differentiated brand identity attracts talented and like-minded individuals who share your mission and values.

Differentiation is the lifeblood of B2B tech success. It’s the key to unlocking sustainable growth, market leadership, and a loyal customer base.

Uncover Your Unique Value Proposition (UVP)

Your UVP is a short statement that captures your company’s difference and the specific value you deliver to your ideal customer. A compelling UVP attracts your best-fit customers and sets you apart from the competitive alternatives.

What is a UVP? Think of it as your brand’s elevator pitch. A clear and concise statement that communicates:

  • The problem you solve: Your UVP clearly defines the specific pain points and challenges your B2B tech solution addresses.
  • Your best-fit customer: Your UVP identifies who it’s for and who it’s not for. Your audience persona helps you tailor your UVP directly to their needs. Stay focused on your best-fit customers – they love you for a reason, and you want more of them. The outliers will eventually follow.
  • Your unique value: Your UVP spells out what sets you apart. It communicates your differentiated value and why someone should care about your solution.

Crafting a Compelling UVP for B2B Tech

Use the following framework to guide you in uncovering your UVP:

  • Dive Deep into Customer Needs: Revisit your audience persona and delve deeper into their specific needs and desires. What are their top priorities? What are their unmet expectations with existing solutions?
  • Analyze Your Competitors: Research your competitors thoroughly. Identify their strengths and weaknesses, and analyze their messaging. Understanding the competitive landscape helps you carve out a distinct position for your brand.
  • Identify Your Company Strengths: Analyze your company’s unique strengths and expertise (SWOT). What sets you apart from the competition in terms of technology, experience, or customer service?

Focus on Customer Benefits

A UVP goes beyond simply listing features.  It focuses on the tangible benefits your best-fit customer will experience by choosing your solution. Frame your UVP around solving their problems, achieving their goals, and ultimately, improving their bottom line.

Here are some strong UVP examples from successful B2B tech companies:

Hubspot-logo
  • UVP: Grow your business with HubSpot’s powerful CRM platform – marketing, sales, and service software on a single platform.
  • Why it works: focuses on problem-solving and all-in-one convenience
Slack-logo
  • UVP: Transform team communication with a collaboration hub that combines messaging, file sharing, and integrations.
  • Why it works: highlights improved communication and streamlined workflows
Zoom-logo
  • UVP: Connect your teams and keep your business moving forward with frictionless video conferencing.
  • Why it works: emphasizes ease-of-use and remote work benefits

Your UVP should imbue the one thing your business does better than anyone else. Put it into action by weaving it into your marketing materials, website copy, and sales conversations. A clear and consistent UVP ensures your message resonates with your target audience and positions you as the go-to solution for their specific needs.

Create Relevant Messaging and Content

Relevant messaging and engaging content are the foundation of effective B2B tech marketing. They help you connect with your audience, educate them about your solution, and ultimately convert them.

Remember, your best-fit customers? The insight you glean from their interviews will shape your UVP and guide your messaging strategy. They will literally tell you what to say and to whom. Make your best-fit customer the hero of every message you create.

Tips for Clear, Concise Messaging

  • Clarity is Essential: Ditch technical jargon and complex language. Write clear, concise sentences that a broad B2B audience can understand.
  • Focus on Value: Go beyond features and functionalities. Highlight the tangible benefits your solution offers your ideal customer.
  • Speak Their Language: Address your audience’s needs and challenges directly. Use language they understand and that resonates with their pain points. This is where relevant, non-gratuitous jargon can be effective.
  • Compelling Calls to Action: Don’t leave your audience hanging. Tell them what to do next – visit your website, download a white paper, or contact your sales team.

Messaging & Content: A Winning Combination

Content marketing is a powerful tool for building brand awareness, establishing thought leadership, and generating leads and sales. According to Content Marketing Institute, B2B content marketing generates 3x more leads compared to traditional advertising methods

When your messaging and content are aligned and working together, you create a powerhouse of marketing potential unique to your solution. Your messaging delivers the core message, while your content amplifies it and delivers it to your target audience. This cohesion fosters trust, generates demand, drives leads, and positions you as an expert in your industry.

Start with Insight, Strengthen with Strategy, Slay with Creative Execution

Don’t jump straight to “the fun part”. Rushing into design before understanding your customers and market (insight) and building a clear plan (strategy) wastes effort and sparks pointless taste debates. It’s putting the cart before the horse.

Creative execution (design, copy, content, etc.) only thrives with a strong strategy. And your strategy can only be as good as your insights. The deeper you dig into your customer and market (research!), the stronger your strategy and execution become (and more fun).

That said, don’t underestimate the power of clear visuals. Great design amplifies your brand message and sets you apart, but only if it communicates value.  Designing purely for aesthetics (like personal preference) confuses potential customers.

Design That Communicates Speaks Volumes

Think of your brand’s visual identity as a language that supports your messaging. A well-crafted logo, website design, and marketing materials should all work together to emphasize your Unique Value Proposition (UVP) and brand personality.

Here’s how great design achieves this:

  • It Creates Memorable Experiences: A strong logo and consistent use of color schemes, fonts, and images build a memorable brand identity that stands out.
  • It Fosters Emotional Connections: Effective design can evoke feelings and create positive associations with your brand. For example, warm colors feel approachable, while cool colors might suggest expertise.
  • It Creates Clarity and Intuitive UX: Design plays a vital role in how easy your website is to use. Clear navigation and visuals ensure visitors find the information they need quickly.

Consistency Is Everything

Maintaining design consistency across all your brand touchpoints is what makes your solution stand out. Imagine a website with a modern, clean design, but marketing materials are scattered and sales pitches are traditional product demos. This inconsistency confuses people and weakens your brand. By unifying all the elements of your brand, you create a professional and unified experience.

In short, design isn’t just about aesthetics; it's a strategic balancing act between solving problems and offering your unique solution. Its sole purpose is to deliver your brand’s UVP effectively and leave a lasting impression on your target audience.

Final Thoughts

B2B tech is dynamic and ever-evolving but differentiation remains constant. It’s a crowded market with many similar products. A well-defined and uniquely-differentiated solution cuts through the noise, grabs attention, and stays top-of-mind.

Design rules to live by:

  • When in doubt, leave it out.
  • Less is more.
  • Communicate. Don’t decorate.

If you like this content, here are some more ways I can help:

  • Follow me on LinkedIn for bite-sized tips and freebies throughout the week.
  • Work with me. Schedule a call to see if we’re a fit. No obligation. No pressure.
  • Subscribe to this blog for ongoing insights and strategies (link below).

This article is also published on LinkedIn. Please chime in with any feedback. I would love to hear from you.

Cheers!