LIFT Lever: Decide and Focus on Your Customer Segment


When formulating your marketing strategy, an essential first step is identifying your target audience. While this may appear obvious, it is common to make the mistake of marketing or selling multiple very divergent customer segments simultaneously. For instance, take the approaches required for marketing to the government, businesses, and individual consumers. These are very different approaches indeed.

To illustrate this point, let’s discuss the marketing role of a website. Many individuals perceive websites as uniform entities with the primary goals of aesthetics, fast loading times, and attracting more customers. While this holds true from a broad perspective, it is important to examine the nuances. Different potential customers have distinct expectations and requirements from a website, necessitating a more granular approach.

Here is a simple table illustrating some of the differences in the B2G (Business-to-Government), B2B (Business-to-Business), and B2C (Business-to-Consumer) customer journeys.

 

B2C

B2B

B2G

Find You

Referrals from trusted contacts

Google searches “near me” or on Google Maps

Online searches on relevant topics

Referrals from trusted contacts

Online searches on relevant topics

Your company has responded to an RFP

Referrals from trusted contacts

Governments are not randomly “Googling” for vendors

Trust You

Google reviews, etc.

Case studies

Verification from trusted 3rd parties (including Google reviews for some industries)

Official documentation proving qualifications

Hire You

Review your offer

May compare your offer to others

May interview you

Review your company and track record

Probably interview you

Compare your offer to others

Review your bid versus the other submitted bids

Review if your company fits their desired vendor portfolio (note: interview possible)

Key Role of Website

Be found by new customers (possibly as a secondary source after Google Maps)

Grow Credibility + Get to Next Step

Grow Credibility + Get to Next Step

For some businesses:
Be found by new customers

Not cause the company to get disqualified from the bidding process

Grow Credibility

Key Tool Example

Google Reviews

Email marketing

White papers

B2C

Referrals from trusted contacts

Google searches “near me” or on Google Maps

Online searches on relevant topics

Google reviews, etc.

Review your offer

May compare your offer to others

May interview you

Be found by new customers (possibly as a secondary source after Google Maps)

Grow Credibility + Get to Next Step

B2B

Referrals from trusted contacts

Online searches on relevant topics

Case studies

Verification from trusted 3rd parties (including Google reviews for some industries)

Review your company and track record

Probably interview you

Compare your offer to others

Grow Credibility + Get to Next Step

For some businesses:
Be found by new customers

Email marketing

B2G

Your company has responded to an RFP

Referrals from trusted contacts

Governments are not randomly “Googling” for vendors

Official documentation proving qualifications

Review your bid versus the other submitted bids

Review if your company fits their desired vendor portfolio (note: interview possible)

Not cause the company to get disqualified from the bidding process

Grow Credibility

White papers

The table shared is a simplified model, yet it underscores the pivotal role of pinpointing your main customer base and strategically coordinating your marketing initiatives and resources.

At Small Business LIFT, we encourage business owners to THINK before DOING. If you believe that Small Business LIFT could be beneficial for your company, we invite you to get in touch with us. Our standard Digital Marketing Package (DMP) has shown to be highly effective for clients aiming to increase their visibility amongst new customers. Once the foundational marketing strategy and website are established, our more advanced email marketing and additional options can serve as powerful tools for expansion.

Dave Sue

Dave Sue, our Small Business Strategy and Marketing Lead, has focused on small businesses since 2014. Access his ex-BCG, Macys, NYU MBA, and other experiences.