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How to create effective B2B buyer persona’s
How to create effective B2B buyer persona’s
Many B2B businesses invest heavily in content, campaigns, and sales but later wonder why those efforts yield so little return. Often, the issue lies not with the channel or budget. Instead, the problem is a lack of insight into their true buyers.
Table of contents
- 1. Quick summary
- 2. What is a B2B buyer persona?
- 3. Why buyer personas are important in B2B
- 4. The difference between B2B and B2C personas
- 5. The portrait of your target audience
- 6. Keep in mind a different decision-making context
- 7. One B2B buyer persona represents a diverse audience
- 8. What Information Should Be Included in a B2B Buyer Persona?
- 9. A B2B Buyer Persona Is Highly Dynamic
In B2B, the target audience is rarely just one individual. Behind every purchase decision, there’s a group of people, each with their own objectives, considerations, and responsibilities. If your marketing doesn’t account for this, your message is almost certainly going to miss the mark.
A B2B buyer persona can help solve this problem. It’s a concrete, research-based profile of the individuals involved in a purchasing decision, based on their role, challenges, motivations, and decision-making criteria. This allows you to tailor your content and communication to what your audience genuinely needs, rather than what you think they need.
In this article, you’ll discover what exactly a B2B buyer persona is, why they’re so important, and we’ll walk you through the fundamental elements indispensable to creating strong B2B buyer personas.
Quick summary
B2B buyer personas are research-based profiles of the typical decision-makers within an organisation. They help businesses better understand their target audience and align their marketing and content with the goals, challenges, and decision-making criteria of business buyers.
The B2B context is different from the B2C one: decisions are made more rationally, impulse buys are rare, and multiple stakeholders within an organisation are usually involved. As a result, a B2B buyer persona needs to consider not just the professional role of the buyer but also a company’s objectives, internal influencers, and budgets.
A strong B2B buyer persona outlines motivations, challenges, needs, objections, and past interactions with the company. Since businesses, markets, and strategies are constantly evolving, a buyer persona is a dynamic profile that regularly needs to be updated.
What is a B2B buyer persona?
A B2B buyer persona is a detailed profile of the ideal customer — a fictional but realistic individual who represents the typical decision-maker or influencer within your target organisation. This profile is based on research and combines key characteristics such as the company role, objectives, challenges, motivations, and decision-making criteria of a business buyer.
By integrating all this information into one profile, organisations can better understand their business audience and better align their marketing, communication, and solutions to the needs of potential customers.
Why buyer personas are important in B2B
Whether creating content for a B2C or B2B audience, in-depth insight into your target audience is essential. If you don’t know what kind of information your readers or viewers need, where they are in the customer journey, their key characteristics, or how your products or services align with their needs, then hold off on sending your content out into the world — it could be a waste of investment.
That’s why developing buyer personas is such an important step in a documented content marketing strategy. It helps everyone involved in content creation — whether internally or externally — have a clear understanding of the target audience.
The difference between B2B and B2C personas
At first glance, the difference between B2B and B2C personas may seem small: after all, the target audience are people in both cases. However, the context in which decisions are made is fundamentally different.
A consumer makes decisions primarily based on personal needs and experiences. A B2B buyer, on the other hand, makes decisions based on the goals, strategy, and constraints of their organisation.
This has significant implications for how you craft a buyer persona.
The portrait of your target audience
In content marketing, profiling target audiences has almost become a discipline in its own right: developing buyer personas. We used to have a simple “snapshot” of our audience next to our screens. Today, these snapshots also include an elaborate set of characteristics that allows us to exactly tailor content to its recipients.
This is a valuable part of the much-discussed documented content marketing strategy, which ensures that every content creator, whether internal or external, knows exactly who is on the other end of the line.
Does that line lead to business-to-consumer or business-to-business? The answer will prompt a number of key considerations. Can you simply apply B2B buyer personas to a B2C framework? After all, every reader or viewer is a consumer at times and a buyer in their company at other times. But they are still the same person. Or, is it necessary to make a few key adjustments when addressing a person in a B2B context?
Keep in mind a different decision-making context
First, the responsibility differs. A consumer makes decisions within their own life, based on personal experiences, while a B2B customer or prospect thinks from the perspective of a company’s plans or experiences. This may seem like an obvious point, but it’s crucial to highlight because it fundamentally changes the way you create a buyer persona.
Not only does a B2B audience look for different things; they also respond differently to the content put in front of them. Specifically, the likelihood of impulse buying in B2B is drastically lower, which increases the importance of logical, rational content. These are also important in B2C, but the chances that impulse will be a deciding factor in B2B are minimal.
Translating this into the customer journey connected to your buyer persona means that a B2B audience places even greater value on information that can provide the foundation for a purchase decision. That’s why B2B buyers often prefer content that can support their buying decision, such as:
- Reports and research papers
- Whitepapers
- Case studies
- Product demos or trial versions
All of these top the B2B preference list. How do you incorporate these elemens when creating your profiles?
Look at the objectives of the companies in your target audience. Is there an underlying purpose? What are the company values? Don’t forget to include these elements, since they will serve as a benchmark to evaluate whether content will add value. In addition to these concrete needs, you should also include elements that highlight the challenges your B2B persona faces and what motivates them to achieve those goals.
One B2B buyer persona represents a diverse audience
Another difference is the diversity of the group of people you summarise into one or more B2B buyer personas. In B2B, you reduce a group of heterogeneous businesses to personas, but those businesses often comprise an equally diverse group of teams and decision-makers.
In B2B, purchase decisions are rarely made by just one person. Typically, several people are involved. This B2B buying group, also known as a buying committee, consists of different stakeholders who jointly research, evaluate, and ultimately approve a purchase. Each of them considers the decision from their role, with different priorities and risks in mind. They often come from different departments that all have their own objectives.
This is why a B2B buyer persona requires additional layers. Start with a core persona: a CEO, CIO, or buyer, but add elements that are characteristic of other team members who may come across your content. Target the CEO, but know that your HR-focused content might also reach the HR director, for example. So keep that in mind when creating your buyer persona.
But don’t go in too many different directions — clearly define which characteristics should be included in your persona, going beyond basic demographics like age, gender, or education.
What Information Should Be Included in a B2B Buyer Persona?
A solid B2B buyer persona goes beyond mere demographic data. Include factors that influence the person’s behaviour and decisions in addition to basic information.
Important elements include:
- Motivations: What does this person want to achieve? What are their tasks or responsibilities
- Challenges: What obstacles does this person encounter, and how do your products or services address them?
- Needs: What resources does this person need to achieve their goals or overcome challenges
- Turn-offs: What would deter this person from engaging with your company? What type of content do they absolutely not like?
- History: How have you engaged with this person in the past? What was the response? Who do they currently work with?
Experience shows that answering these questions in B2B is often more complex than in B2C, due to the heterogeneity of the target audience. Therefore, take the time to answer these questions as thoroughly as possible and seek strategic advice to untangle any knots.
Don’t Forget About the ‘B’ in B2C
You should also add more business-related elements that a B2C buyer persona would never include. For instance:
- Budgets and financial capabilities (how much do these types of companies spend on your type of services or products?)
- Brand preferences
- Internal and external influencers (who influences decisions, from internal company members, to reviews and other sources?)
- Online behaviour and channels used (which social media platforms are important, and how has this evolved over time?)
Also, consider who you’d prefer not to have as a client. Not every profile is equally valuable for your company. Some prospects fall into a segment that’s less profitable for you, and that’s fine. Clearly define where that boundary lies so your team knows when actively guiding someone through the funnel isn’t worth it.
You can find many templates online to create your personas. Which one you choose doesn’t matter that much, as long as all profiles follow the same structure. Only then can you make any meaningful comparisons.
A B2B Buyer Persona Is Highly Dynamic
A quick glance at the characteristics to fill out shows how quickly buyer personas can change, and much more so than in B2C. New company goals, new financial outcomes, new experiences with your company, new interests … If you frequently spot these tyshifts within your audience, it might be necessary to adjust your typical target profile.
Buyer personas are never complete. You lay the groundwork during strategic planning, but regular updates are absolutely essential. Even if your target audience doesn’t change, there’s still a significant chance your own goals will, and this can impact your buyer personas as well.