Buyer's Journey: 4 Models

Buyer's Journey_ 4 Models.jpg

Buyer's Journey: 4 Models

The buyer's journey is the process that a prospect goes through prior to making a purchase. It varies according to the company, its goods, and its services, but the foundations stay the same. A buyer's journey is described as the process through which a buyer becomes aware of a product, evaluates its usefulness, and decides whether or not to acquire it. At TextMercato we are always there to assist you further in your process of right decision.

Here are four models mapping buyer response modes and explore a buyer's journey to emulate and those are :

Simple-to-convince model

Simpler models represent purchases that demand less thought, such as

Impulse purchases motivated by reflex or Impulse 

Purchases by brand lovers

Purchases made by a single decision-maker

Content marketers succeed with easy-to-convince consumers by creating moments of inspiration and then reminding buyers of those moments to trigger purchases. For example, Red Bull generates compelling material about extreme sports so that when consumers witness extreme sports, they crave Red Bull.

Before-and-after comparison

This buyer's journey model incorporates a layer to reflect the buyer's information needs at each stage, such as business and product branding, relevant content, influencers, pricing, product, and store locators, and so on.

Carefully planned purchases necessitate even more stringent buyer's journey models. When most people buy a new house, car, or investment plan, they do a lot of study, time, and effort. They are, after all, making some of the largest financial commitments they will ever make. Everything is researched online. At each stage, they solicit feedback from their relatives and friends.

Circular Model

This model depicts six phases in a B2B (business to business) customer's journey. Its cyclical approach is appropriate for large-ticket sales of items and services acquired regularly, such as telecom services that connect businesses to cloud computing resources. This model focuses on what workers must perform at each stage of the buyer and customer experience. 

  • Speaks in plain English to the consumer, not marketing jargon
  • Clarifies customer expectations for personnel in sales, marketing, customer support, operations, and accounting, all of whom play important parts in the customer's journey

Model of consistency

Content consistency throughout time is the key to gaining reputation. However, it is difficult to maintain message consistency in B2B marketing for high-ticket items or services. This is due to the fact that a purchase procedure might take months or years, especially for items that will be utilized for at least five years, such as infrastructure, process equipment, a headquarters building, laboratory, or manufacturing facility.

Content marketing is a type of marketing that focuses on disseminating useful and relevant content to a specific target and driving lucrative consumer actions as a result of it. Rather than explicitly marketing the product, the information should be instructive and ultimately beneficial to the user. Consumer perception of information affects their buyer's journey, which consists of buyer journey stages of purchase-making. To understand how content marketing influences the buyer's journey, let us understand the buyer journey vs sales funnel and its stages.  

The challenge for content marketers is to supply relevant and interesting material to prospects at various phases of the buyer's journey. Here, we will go through the marketing funnel stages of the customer journey and how to generate and optimize content for each one.

buyer's journey is divided into four stages:

  1. Awareness 
  2. Consideration 
  3. Decision
  4. Loyalty

Awareness Stage

At this point, potential clients have identified an issue or a need and are open to solutions. They frequently do research to better comprehend and characterize the issue.

The following content kinds can be found at this point in the buyer's journey:

  • Blog posts
  • Social media updates
  • research studies
  • Analyst reports
  • eBooks and eGuides
  • White papers
  • Educational material

Consideration Stage

Buyers have now identified their requirements and are weighing their possibilities. They may be aware that your company provides a solution, but they are not yet ready to commit. They are still assessing prospective prospects, comparing pricing, and selecting which are most likely to meet their requirements.

The following are the most relevant sorts of material at this stage:

  • Articles and comparison papers
  • Expert advice
  • Study of cases
  • Podcasts
  • Videos

Decision Stage

At this moment, consumers will decide which product to purchase. As customers gather facts to support their chosen alternative, your material may now be more brand-specific, emphasizing your unique value proposition and competitive advantages. Decision stage content examples are specifications, pricing, photos, options, warranties, shipping info, data sheets, FAQs and analyst reports.

At this stage, typical material includes:

  • Product and vendor comparisons
  • Demonstrations and product literature
  • Study of cases
  • Testimonials
  • Product evaluations

Loyalty Stage

Finally, one of your consumers has made a purchase. This, however, is not the end of your content marketing efforts. Most consumers will want best practices and guidance to ensure they continue to gain value from your product or service.

The following sorts of material are great for keeping clients engaged:

  • User manuals
  • Product-specific articles
  • Product enhancements
  • Newsletters for customers
  • Promotions and loyalty schemes
  • News and event information
  • Surveys

Sales Funnel

The sales funnel has been around for quite some time. The Marketing team (marketing and sales working together) utilizes it to categorize contacts as a visual depiction of the path that buyers follow from strangers to customers and ambassadors of your brand. The top of the funnel symbolizes those who are further away from purchasing , whereas the bottom represents people who are closer to purchasing. The corporation is concerned with converting the buyer from a stranger to a satisfied customer as soon and effectively as feasible. This is made possible through the sales funnel. While the buyer's journey shows how close a buyer is to purchasing, the sales funnel shows how near a buyer is to purchasing from that particular organization.

Conclusion

Before incorporating the buyer's journey into your strategy, you need to learn more about your target demographic. You can make your marketing efforts matter and establish yourself as their trusted expert after you know more about them. These four models are intended to assist you in thinking about what is occurring in the hearts and minds of purchasers as they progress through the buyer's journey. You may design and deliver content that will resonate with your consumers at their specific point in the decision-making process by selecting the most beneficial model for your buyer journeys. Get started with TextMercato today and get what you need to drive results.

Ref links:

https://contentmarketinginstitute.com/articles/model-buyers-journey/

https://www.mltcreative.com/blog/sales-funnel-buyers-journey-inbound-methodology-difference/#:~:text=While%20the%20buyer's%20journey%20maps,buying%20from%20that%20certain%20company.&text=The%20inbound%20methodology%20was%20created,in%20contact%20with%20their%20company.

https://aira.net/blog/what-is-the-buyers-journey/

https://usergrowth.io/blog/content-marketing-buyers-journey/

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