Demand generation basics Part 2: Segmenting your audience (don't ignore hidden gems)

Last week I talked about building a database and explained what sort of information must be collected on prospects. This week I will go into segmenting and targeting. This activity is often reduced down to slicing and dicing the database to uncover lowest hanging fruit for the picking. Well, it is a bit more complicated than that. The main purpose of segmenting your audience is to understand priorities of each group and serve relevant content so you can better engage them. Here are some basic strategies for segmenting your database to achieve just that:

-Email: Sounds simple but email is your best ally when it comes to figuring out how best to segment your list. Testing subject lines will give you a great indication about what triggers interest by each group. If you test the headline of your email message and find out that one headline performed much better with CMOs, you can customize content accordingly to better engage this particular group.

-Web analytics: Great listening and measuring tool. You can examine traffic, time of day people visit your site, what pages they spend more time, which path they follow. If you match this information with email campaign results, you can design better landing pages to bring in more qualified leads. This is achieved via behavioral targeting. Professional service firms that use behavioral targeting and web analytics in their segmentation strategies are able to generate impressive results.

-Search: Looking at what keywords people use to find your site is also a very good way to segment your prospect list. For example if you are trying to build hospitality industry client base and you find out that prospects in that industry find your site by typing in keywords like “tax attorney and hotel management” you can then generate a white paper loaded with those keywords and develop a multi-touch campaign specifically for that audience segment.

-Repurpose your content: By segmenting your audience you can repurpose your existing content according to your prospects’ criteria that you determined by analyzing all of the above tools. The idea is to custom design your marketing messages according to the needs of your audience.

-Hidden gems: As you segment your audience and learn more about their behavior you might discover that there is a specific group that is gobbling up every piece of content you put out there but are not in a position to buy your services. They download your white papers, sign up for webinars, e-newsletters and podcasts but they clearly don’t have the resources to hire you. These people can be your evangelists; don’t ignore them just because they are not likely to bring you short term revenue. Ask them to contribute to your blog or webinar. They can also be potentially a good source for referrals. Share the spotlight with them; this will only help cement your position as a thought leader in your industry.

Segmenting your target audience is one of the foundations of demand generation programs. By creating specific groups based on more than “name-rank-title” you will empower your marketing with growth opportunities, not just leads that may only bring in short term results.

Next week, I will talk about process mapping and creating content to match milestones in your customer’s decision making journey.